Institutional Sign In

Go

EVN

EVN's Cash & Cash Equivalents rose 17.2% yoy to EUR 255 mil in 2015

By Helgi Library - April 2, 2020

EVN's total assets reached EUR 6,501 mil at the end of 2015, down 4.98% compared to the previous year. Current ass...

EVN's Cash & Cash Equivalents rose 17.2% yoy to EUR 255 mil in 2015

By Helgi Library - April 2, 2020

EVN's total assets reached EUR 6,501 mil at the end of 2015, down 4.98% compared to the previous year. Current ass...

Profit Statement 2013 2014 2015
Sales EUR mil 2,755 2,046 2,244
Gross Profit EUR mil 847 762 924
EBITDA EUR mil 458 184 583
EBIT EUR mil 219 -341 268
Financing Cost EUR mil 38.1 31.9 60.3
Pre-Tax Profit EUR mil 180 -373 208
Net Profit EUR mil 115 -299 148
Dividends EUR mil 74.8 74.7 ...
Balance Sheet 2013 2014 2015
Total Assets EUR mil 7,102 6,842 6,501
Non-Current Assets EUR mil 6,125 5,778 5,529
Current Assets EUR mil 977 1,064 972
Working Capital EUR mil -59.5 117 163
Shareholders' Equity EUR mil 3,067 2,633 2,590
Liabilities EUR mil 4,036 4,209 3,911
Total Debt EUR mil 1,962 1,942 1,676
Net Debt EUR mil 1,703 1,724 1,421
Ratios 2013 2014 2015
ROE % 3.77 -10.5 5.67
ROCE % 1.88 -5.00 2.56
Gross Margin % 30.7 37.2 41.2
EBITDA Margin % 16.6 9.00 26.0
EBIT Margin % 7.93 -16.7 12.0
Net Margin % 4.16 -14.6 6.60
Net Debt/EBITDA 3.72 9.36 2.44
Net Debt/Equity 0.555 0.655 0.549
Cost of Financing % 1.93 1.63 3.33
Valuation 2013 2014 2015
Market Capitalisation USD mil 2,842 2,154 2,261
Enterprise Value (EV) USD mil 5,189 4,240 3,980
Number Of Shares mil 178 178 178
Share Price EUR 11.6 10.0 10.5
EV/EBITDA 8.54 17.9 5.29
EV/Sales 1.42 1.61 1.38
Price/Earnings (P/E) 18.0 -5.95 12.6
Price/Book Value (P/BV) 0.672 0.676 0.721
Dividend Yield % 3.63 4.20 ...

Get all company financials in excel:

Download Sample   $19.99

summary Unit 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
income statement                                    
Sales EUR mil ...                     2,752 2,729 2,847 2,755 2,046   ...
Gross Profit EUR mil ...                     838 850 866 847 762   ...
EBIT EUR mil ...                     187 222 205 219 -341   ...
Net Profit EUR mil ...                     207 192 195 115 -299   ...
ROE % ...                     6.73 6.21 6.31 3.77 -10.5   ...
EBIT Margin % ...                     6.79 8.15 7.19 7.93 -16.7   ...
Net Margin % ...                     7.52 7.05 6.85 4.16 -14.6   ...
Employees ... ... ...         ... ...     9,535 9,342 8,537 8,250 7,314   ...
balance sheet                                    
Total Assets EUR mil ...                     6,731 6,870 6,863 7,102 6,842   ...
Non-Current Assets EUR mil ...                     5,742 6,083 6,054 6,125 5,778   ...
Current Assets EUR mil ...                     989 787 809 977 1,064   ...
Shareholders' Equity EUR mil ...                     3,025 3,166 3,014 3,067 2,633   ...
Liabilities EUR mil ...                     3,706 3,705 3,850 4,036 4,209   ...
Non-Current Liabilities EUR mil ...                     2,864 2,722 3,063 2,829 2,903   ...
Current Liabilities EUR mil ...                     841 982 787 1,207 1,307   ...
Net Debt/EBITDA ...                     4.35 3.70 3.99 3.72 9.36   ...
Net Debt/Equity ...                     0.598 0.556 0.604 0.555 0.655   ...
Cost of Financing % ... ...                   -4.58 -2.18 -1.88 1.93 1.63   ...
cash flow                                    
Total Cash From Operations EUR mil ... ...                   499 522 461 562 546   ...
Total Cash From Investing EUR mil ... ...                   -581 -512 -334 -381 -243   ...
Total Cash From Financing EUR mil ... ...                   57.2 13.1 -106 -90.5 -335   ...
Net Change In Cash EUR mil ... ...                   -24.5 23.5 21.5 90.7 -32.3   ...
valuation                                    
Market Capitalisation USD mil ... ... ... ... ... ... ... ... ... ...   2,680 2,632 2,940 2,842 2,154   ...
Number Of Shares mil ...                     162 189 179 178 178   ...
Share Price EUR ... ... ... ... ... ... ... ... ... ...   12.5 10.8 12.4 11.6 10.0   ...
Earnings Per Share (EPS) EUR ...                     1.28 1.02 1.09 0.643 -1.68   ...
Book Value Per Share EUR ...                     18.7 16.8 16.8 17.2 14.8   ...
Dividend Per Share EUR ...                     0.444 0.390 0.418 0.419 0.420 ... ...
Price/Earnings (P/E) ... ... ... ... ... ... ... ... ... ...   9.76 10.6 11.4 18.0 -5.95   ...
Price/Book Value (P/BV) ... ... ... ... ... ... ... ... ... ...   0.668 0.641 0.739 0.672 0.676   ...
Dividend Yield % ... ... ... ... ... ... ... ... ... ...   3.56 3.62 3.37 3.63 4.20 ... ...
Earnings Per Share Growth % ... ...                   -38.8 -20.3 6.52 -40.8 -361   ...
Book Value Per Share Growth % ... ...                   -49.1 -10.3 0.052 2.33 -13.9   ...
income statement Unit 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
income statement                                    
Sales EUR mil ...                     2,752 2,729 2,847 2,755 2,046   ...
Cost of Goods & Services EUR mil ...                     1,915 1,880 1,981 1,908 1,284   ...
Gross Profit EUR mil ...                     838 850 866 847 762   ...
Staff Cost EUR mil ...                     329 323 313 307 313   ...
Other Cost EUR mil ...                     92.3 51.1 97.2 81.9 265   ...
EBITDA EUR mil ...                     416 475 456 458 184   ...
Depreciation EUR mil ...                     229 253 251 239 256   ...
EBIT EUR mil ...                     187 222 205 219 -341   ...
Financing Cost EUR mil ...                     -83.6 -41.8 -36.5 38.1 31.9   ...
Extraordinary Cost EUR mil ...                     -0.499 0.100 -18.4 0.100 0   ...
Pre-Tax Profit EUR mil ...                     271 264 260 180 -373   ...
Tax EUR mil ...                     42.1 28.8 25.9 22.1 -103   ...
Minorities EUR mil ...                     21.8 42.9 38.9 43.5 28.5   ...
Net Profit EUR mil ...                     207 192 195 115 -299   ...
Dividends EUR mil ...                     71.8 73.6 75.0 74.8 74.7 ... ...
growth rates                                    
Total Revenue Growth % ... ...                   0.921 -0.833 4.30 -3.21 -25.7   ...
Operating Cost Growth % ... ...                   3.82 -11.2 9.46 -5.08 48.5    
EBITDA Growth % ... ...                   12.4 14.2 -4.00 0.329 -59.8   ...
EBIT Growth % ... ...                   8.53 19.0 -7.87 6.69 -256   ...
Pre-Tax Profit Growth % ... ...                   19.8 -2.54 -1.63 -30.6 -307   ...
Net Profit Growth % ... ...                   16.3 -7.08 1.35 -41.1 -361   ...
ratios                                    
ROE % ...                     6.73 6.21 6.31 3.77 -10.5   ...
ROCE % ... ...                   3.53 3.21 3.18 1.88 -5.00   ...
Gross Margin % ...                     30.4 31.1 30.4 30.7 37.2   ...
EBITDA Margin % ...                     15.1 17.4 16.0 16.6 9.00   ...
EBIT Margin % ...                     6.79 8.15 7.19 7.93 -16.7   ...
Net Margin % ...                     7.52 7.05 6.85 4.16 -14.6   ...
Payout Ratio % ...                     34.7 38.3 38.5 65.2 -25.0 ... ...
Cost of Financing % ... ...                   -4.58 -2.18 -1.88 1.93 1.63   ...
Net Debt/EBITDA ...                     4.35 3.70 3.99 3.72 9.36   ...
balance sheet Unit 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
balance sheet                                    
Non-Current Assets EUR mil ...                     5,742 6,083 6,054 6,125 5,778   ...
Property, Plant & Equipment EUR mil ...                     2,818 2,939 3,009 3,094 3,542   ...
Intangible Assets EUR mil ...                     361 411 403 398 197   ...
Current Assets EUR mil ...                     989 787 809 977 1,064   ...
Inventories EUR mil ...                     136 106 106 108 178   ...
Receivables EUR mil ...                     318 310 344 294 444   ...
Cash & Cash Equivalents EUR mil ...                     124 143 162 259 218   ...
Total Assets EUR mil ...                     6,731 6,870 6,863 7,102 6,842   ...
Shareholders' Equity EUR mil ...                     3,025 3,166 3,014 3,067 2,633   ...
Of Which Minority Interest EUR mil ...                     0 0 0 0 238   ...
Liabilities EUR mil ...                     3,706 3,705 3,850 4,036 4,209   ...
Non-Current Liabilities EUR mil ...                     2,864 2,722 3,063 2,829 2,903   ...
Long-Term Debt EUR mil ...                     1,726 1,591 1,933 1,571 1,747   ...
Deferred Tax Liabilities EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 48.1   ...
Current Liabilities EUR mil ...                     841 982 787 1,207 1,307   ...
Short-Term Debt EUR mil ...                     205 312 49.4 390 194   ...
Trade Payables EUR mil ...                     339 368 384 462 505   ...
Provisions EUR mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 137   ...
Equity And Liabilities EUR mil ...                     6,731 6,870 6,863 7,102 6,842   ...
growth rates                                    
Total Asset Growth % ... ...                   0.535 2.07 -0.105 3.48 -3.67   ...
Shareholders' Equity Growth % ... ...                   -3.26 4.65 -4.80 1.75 -14.1   ...
Net Debt Growth % ... ...                   13.8 -2.69 3.47 -6.49 1.26   ...
Total Debt Growth % ... ...                   12.3 -1.49 4.19 -1.06 -1.03   ...
ratios                                    
Total Debt EUR mil ...                     1,932 1,903 1,983 1,962 1,942   ...
Net Debt EUR mil ...                     1,808 1,760 1,821 1,703 1,724   ...
Working Capital EUR mil ...                     115 48.6 65.6 -59.5 117   ...
Capital Employed EUR mil ...                     5,857 6,132 6,120 6,066 5,895   ...
Net Debt/Equity ...                     0.598 0.556 0.604 0.555 0.655   ...
Cost of Financing % ... ...                   -4.58 -2.18 -1.88 1.93 1.63   ...
cash flow Unit 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
cash flow                                    
Net Profit EUR mil ...                     207 192 195 115 -299   ...
Depreciation EUR mil ...                     229 253 251 239 256   ...
Non-Cash Items EUR mil ... ...                   56.6 10.8 31.8 82.8 765   ...
Change in Working Capital EUR mil ... ...                   6.46 66.1 -17.0 125 -176   ...
Total Cash From Operations EUR mil ... ...                   499 522 461 562 546   ...
Capital Expenditures EUR mil ... ...                   -390 -396 -310 -245 -387   ...
Other Investments EUR mil ... ...                   -191 -116 -24.3 -136 144   ...
Total Cash From Investing EUR mil ... ...                   -581 -512 -334 -381 -243   ...
Dividends Paid EUR mil ...                     -71.8 -73.6 -75.0 -74.8 -74.7 ... ...
Issuance Of Debt EUR mil ... ...                   212 -28.8 79.8 -21.0 -20.1   ...
Total Cash From Financing EUR mil ... ...                   57.2 13.1 -106 -90.5 -335   ...
Net Change In Cash EUR mil ... ...                   -24.5 23.5 21.5 90.7 -32.3   ...
ratios                                    
Days Sales Outstanding days ...                     42.2 41.5 44.1 39.0 79.2   ...
Days Sales Of Inventory days ...                     25.9 20.6 19.6 20.7 50.6   ...
Days Payable Outstanding days ...                     64.7 71.5 70.8 88.3 144   ...
Cash Conversion Cycle days ...                     3.39 -9.32 -7.19 -28.7 -13.8   ...
Cash Earnings EUR mil ...                     436 445 446 354 -43.0   ...
Cash Earnings Per Share EUR ...                     2.70 2.36 2.49 1.98 -0.242   ...
Price/Cash Earnings (P/CE) ... ... ... ... ... ... ... ... ... ...   4.63 4.56 4.99 5.83 -41.4   ...
Free Cash Flow EUR mil ... ...                   -81.7 10.4 127 181 303   ...
Free Cash Flow Yield % ... ... ... ... ... ... ... ... ... ...   -4.03 0.549 5.55 8.46 18.1   ...
other data Unit 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
other data                                    
ROA % ...                     3.08 2.83 2.84 1.64 -4.29   ...
Gross Margin % ...                     30.4 31.1 30.4 30.7 37.2   ...
Employees ... ... ...         ... ...     9,535 9,342 8,537 8,250 7,314   ...
Cost Per Employee USD per month ... ... ...         ... ...     3,806 4,010 3,918 4,118 4,597   ...
Cost Per Employee (Local Currency) EUR per month ... ... ...         ... ...     2,877 2,884 3,051 3,102 3,566   ...
Staff Cost (As % Of Total Cost) % ...                     12.8 12.9 11.8 12.1 13.1   ...
Effective Tax Rate % ...                     15.6 10.9 9.97 12.3 27.5   ...
Enterprise Value (EV) USD mil ... ... ... ... ... ... ... ... ... ...   5,079 4,912 5,342 5,189 4,240   ...
EV/EBITDA ... ... ... ... ... ... ... ... ... ...   9.23 7.44 9.12 8.54 17.9   ...
EV/Capital Employed ... ... ... ... ... ... ... ... ... ...   0.654 0.618 0.662 0.621 0.594   ...
EV/Sales ... ... ... ... ... ... ... ... ... ...   1.39 1.29 1.46 1.42 1.61   ...
EV/EBIT ... ... ... ... ... ... ... ... ... ...   20.6 15.9 20.3 17.9 -9.64   ...
Capital Expenditures (As % of Sales) % ... ...                   14.2 14.5 10.9 8.89 18.9   ...
Sales of Network Infrastructure (Austria) EUR mil ... ... ... ... ... ... ... ... ... ... ... 429 424 438 444 431   ...
Sales of Energy Trade & Supply EUR mil ... ... ... ... ... ... ... ... ... ... ... 1,139 1,114 1,082 1,039 432   ...
Sales of Energy Supply (South East Europe) EUR mil ... ... ... ... ... ... ... ... ... ... ... 862 834 969 1,007 900   ...
Sales of Environmental Services EUR mil ... ... ... ... ... ... ...         269 330 315 227 169   ...
Sales of Strategic Investments & Other Business EUR mil ... ... ... ... ... ... ...         27.4 4.00 2.30 3.30 9.50   ...
EBITDA from Generation EUR mil ... ... ... ... ... ... ... ... ... ... ... 52.5 32.1 59.3 37.5 33.6   ...
EBITDA from Network Infrastructure (Austria) EUR mil ... ... ... ... ... ... ... ... ... ... ... 191 190 34.5 53.1 187   ...
EBITDA from Energy Trade & Supply EUR mil ... ... ... ... ... ... ... ... ... ... ... 57.3 104 202 221 55.3   ...
EBITDA from Energy Supply South East Europe EUR mil ... ... ... ... ... ... ... ... ... ... ... 69.0 86.8 109 117 20.2   ...
EBITDA from Environmental Services EUR mil ... ... ... ... ... ... ... ... ... ... ... 52.3 68.9 79.0 38.7 -145   ...
EBITDA from Strategic Investments & Other Business EUR mil ... ... ... ... ... ... ... ... ... ... ... -4.10 -8.90 -7.40 -7.70 59.4   ...
EBIT from Generation EUR mil ... ... ... ... ... ... ... ... ... ... ... 18.5 -3.60 14.8 9.60 -53.1   ...
EBIT from Network Infrastructure (Austria) EUR mil ... ... ... ... ... ... ... ... ... ... ... 94.6 91.7 18.1 37.1 83.3   ...
EBIT from Energy Trade & Supply EUR mil ... ... ... ... ... ... ... ... ... ... ... 43.4 88.8 102 120 39.2   ...
EBIT from Energy Supply (South East Europe) EUR mil ... ... ... ... ... ... ... ... ... ... ... 8.60 9.70 45.3 51.2 -233   ...
EBIT from Environmental Services EUR mil ... ... ... ... ... ... ... ...       28.0 42.9 51.9 9.80 -215   ...
EBIT from Strategic Investments & Other Business EUR mil ... ... ... ... ... ... ... ... ... ... ... -5.90 -10.8 -9.10 -9.60 57.6   ...
Revenue from Electricity EUR mil ... ... ...         ... ... ... ... 1,903 1,792 1,922 1,918 ... ... ...
Revenue From Natural Gas EUR mil ... ... ...         ... ... ... ... 351 386 367 373 ... ... ...
Revenue From Heat EUR mil ... ... ...         ... ... ... ... 108 115 124 138 ... ... ...
Revenue from Environmental Services EUR mil ... ... ... ... ... ... ... ... ... ... ... 269 330 315 227 191   ...
Revenue from Others EUR mil ... ... ...         ... ... ... ... 121 107 120 98.8 71.0   ...
Sales in Austria EUR mil ... ... ... ... ... ... ...         1,701 1,643 1,649 1,603 ... ... ...
Sales in Central & Eastern Europe EUR mil ... ... ... ... ... ... ...         189 252 ... ... ... ... ...
Sales in South Eastern Europe EUR mil ... ... ... ... ... ... ...         862 834 ... ... 901   ...
Employees (Generation) persons ... ... ... ... ... ... ...         147 185 198 192 164   ...
Employees (Network Infrastructure Austria) persons ... ... ... ... ... ... ...         1,321 1,284 1,281 1,299 1,281   ...
Employees (Energy Trade & Supply) persons ... ... ... ... ... ... ...         259 448 300 324 279   ...
Employees (Energy Supply South East Europe) persons ... ... ... ... ... ... ...         5,630 5,304 4,775 4,625 4,532   ...
Employees (Environmental Services) persons ... ... ... ... ... ... ...     ... ... 524 572 600 591 549   ...
Employees (Strategic Investments & Other Business) persons ... ... ... ... ... ... ... ... ... ... ... 656 457 440 466 510   ...
Sales of Electricity Generation (GWh) GWh ... ... ... ... ... ...           3,653 3,332 3,284 3,701 4,395   ...
Sales of Electricity - B2C (GWh) GWh ... ... ... ... ... ...           20,101 20,403 21,241 20,209 19,317   ...
Sales of Natural Gas - B2C (GWh) GWh           ...           6,738 6,475 6,166 6,333 5,383   ...
Sales of Heat - B2C (GWh) GWh           ...           1,821 1,911 1,951 2,062 1,991   ...
Generation Capacity - Renewable Energy MW ... ... ... ... ... ... ... ... ... ... ... ... ... 508 550 563   ...
Generation Capacity - Hydropower MW ... ... ... ... ... ... ... ... ... ... ... ... ... 291 307 306   ...
Generation Capacity - Windpower MW ... ... ... ... ... ... ... ... ... ... ... ... ... 191 200 213   ...
Generation Capacity - Photovoltaics MW ... ... ... ... ... ... ... ... ... ... ... ... ... 3.00 3.00 5.00   ...
Generation Capacity - Biomass MW ... ... ... ... ... ... ... ... ... ... ... ... ... 10.0 13.0 13.0   ...
Generation Capacity - Other Renewables MW ... ... ... ... ... ... ... ... ... ... ... ... ... 13.0 26.0 26.0   ...
Generation Capacity - Thermal Energy MW ... ... ... ... ... ... ... ... ... ... ... ... ... 1,487 1,487 1,771   ...
Generation Capacity - Natural Gas MW ... ... ... ... ... ... ... ... ... ... ... ... ... 1,088 1,088 1,037   ...
Generation Capacity - Coal MW ... ... ... ... ... ... ... ... ... ... ... ... ... 398 398 734   ...

Get all company financials in excel:

Download Sample   $19.99

Apr 2016
Statistical Dossier
Mar 2014
Company Report

EVN Group is an Austria-based producer and transporter of electricity. The Company is the second largest utility company in Austria and one of the largest in Europe having over three million customers in 14 countries. The company also operates in water treatment, natural gas supply and waste management business areas. The company also has power generation capacities of 1,450 MW, a transmission network of 1,370 km and a distribution network of 45,000 km. EVN Group is also involved in the natural gas sector having a total network length of 10,100 km. State of Lower Austria holds 51% in EVN while German utility EnBW owns over 35% of the firm. On the other hand, EVN itself owns 12.5% of Austrian peer Verbund

Finance

EVN has been growing its sales by a year on average in the last 5 years. EBITDA has grown by 0% during that time to total of in 2016, or of sales. That’s compared to 16.9% average margin seen in last five years.

The company netted in 2016 implying ROE of and ROCE of . Again, the average figures were 1.31% and 0.655%, respectively when looking at the previous 5 years.

EVN’s net debt amounted to at the end of 2016, or of equity. When compared to EBITDA, net debt was x, down when compared to average of 4.88x seen in the last 5 years.

Valuation

EVN stock traded at per share at the end of 2016 resulting in a market capitalization of . Over the previous five years, stock price grew by 0% or % a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of x and price to earnings (PE) of x as of 2016.

More Companies in Austrian Energy & Utility Sector