Ratings Abu Dhabi National Energy Company

Equities

TAQA

AEA002401015

Market Closed - Abu Dhabi Securities Exchange Other stock markets 06:59:00 2024-05-02 am EDT			5-day change	1st Jan Change
2.75 ^AED	-0.72%		-7.09%	-21.43%

Apr. 19	Spanish government signals openness to TAQA's bid for Naturgy	RE
Apr. 19	Spain Says 'Premature' to Consider Naturgy Stake Amid Takeover Interest from UAE's TAQA	MT

Summary

Overall, the company has poor fundamentals for a medium to long-term investment strategy.

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
Over the last twelve months, the sales forecast has been frequently revised upwards.

Weaknesses

The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
With an expected P/E ratio at 39.57 and 33.78 respectively for both the current and next fiscal years, the company operates with high earnings multiples.
The company appears highly valued given the size of its balance sheet.
The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.
The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
Over the past twelve months, analysts' opinions have been revised negatively.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Multiline Utilities

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
ABU DHABI NATIONAL ENERGY COMPANY	-21.43%	84.8B		C+
ACWA POWER COMPANY	+55.95%	78.15B		C
E.D.F.	-.--%	51.55B	-	B+
NATIONAL GRID PLC	+0.09%	49.03B		C+
SEMPRA	-2.49%	45.51B		B+
ENGIE	-4.42%	42.08B		C+
PUBLIC SERVICE ENTERPRISE GROUP, INC.	+14.51%	34.81B		B+
EON SE	+3.00%	34.59B		B-
UNIPER SE	-9.34%	23.34B		B
VEOLIA ENVIRONNEMENT	+2.28%	22.29B		B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders