Greenvolt Energias

Greenvolt Energias Renováveis S.A. is a leading renewable energy company based in Portugal. Here are the key aspects of their business and operations:

Company Overview

Greenvolt is a publicly traded company listed on Euronext Lisbon and is part of the PSI index. The company focuses on producing renewable energy through multiple technologies across several geographies.

Core Business Areas

Greenvolt operates in three main business segments:

1. Biomass Energy Production: They are the leading producer of energy from residual forest biomass in Portugal. The company also operates urban waste wood biomass plants in other countries like the United Kingdom.
2. Utility-Scale Renewables: Greenvolt is a major developer of large-scale solar and wind projects in Europe. They have a project pipeline of around 8.6 GW across 16 markets.
3. Distributed Generation: The company is involved in smaller-scale renewable energy projects, operating in both B2B and B2C segments through subsidiaries like Profit Energy in Portugal and Perfecta Energeia in Spain.

Global Presence

Greenvolt has an international footprint, with operations in multiple countries including:

• Portugal
• United Kingdom
• Spain
• Poland
• Greece
• Italy
• France
• Romania
• Bulgaria
• Serbia
• United States

Financial Performance

As of the latest available data:

• Revenue: €419.35 million
• Net Income: €7.07 million
• Market Capitalization: €1.35 billion
• Number of Employees: 714

Recent Developments

Greenvolt has been expanding its renewable energy portfolio through various initiatives:

• The company recently partnered with NH Hotels & Resorts to bring clean energy to hotels in Spain and Italy, avoiding over 300 tons of CO2 emissions annually.
• Greenvolt has been actively acquiring and developing biomass plants and other renewable energy projects across Europe.

Sustainability Focus

The company is committed to sustainable development and reducing ecological footprints. Their focus on biomass, solar, and wind energy contributes to the global effort to combat climate change and promote renewable energy sources.

Greenvolt's diverse portfolio and international presence position it as a significant player in the renewable energy sector, with a strong focus on sustainable growth and environmental responsibility.

Here are some key points about Greenvolt Energias' valuation and financial outlook:

1. Recent stock price and performance:

• Current stock price is around 8.30-8.35 EUR per share
• Market capitalization is approximately 1.35-1.37 billion EUR
• Stock price has increased about 32-33% over the past year
• Year-to-date stock price increase of around 2-3%

1. Financial projections:

• Revenue expected to grow significantly, reaching 601.5 million EUR in 2024 and 892.5 million EUR in 2025
• EBITDA projected to increase to 199.2 million EUR in 2024 and 338.6 million EUR in 2025
• Net income forecast to rise to 56.5 million EUR in 2024 and 127.5 million EUR in 2025

1. Valuation metrics:

• Forward P/E ratio of 22.7x for 2024 and 14.3x for 2025
• EV/Sales of 4.32x for 2024 and 3.1x for 2025
• Analyst consensus price target of 8.44 EUR, implying slight upside potential

1. Business outlook:

• Seen as having significant growth potential in core biomass energy business
• Expanding into solar and wind energy projects across Europe
• Analysts generally have a positive outlook, with consensus recommendation of "Outperform"

1. Key risks/weaknesses:

• High earnings multiples compared to current financials
• Some recent downward revisions to earnings estimates
• Financial situation seen as a potential weakness by some analysts

Overall, Greenvolt is viewed as a high-growth renewable energy company with an expanding business, but trading at relatively rich valuation multiples that factor in expectations for rapid future growth. Analysts are generally optimistic about its prospects but there are some concerns about current valuation levels.