With a one year PEG ratio of 302.5, Atlantica Sustainable Infrastructure plc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 89.22% of US stocks.
Of note is the ratio of Atlantica Sustainable Infrastructure plc's sales and general administrative expense to its total operating expenses; only 3.9% of US stocks have a lower such ratio.
For AY, its debt to operating expenses ratio is greater than that reported by 92.32% of US equities we're observing.
If you're looking for stocks that are quantitatively similar to Atlantica Sustainable Infrastructure plc, a group of peers worth examining would be SFL, ARL, CWEN, FLY, and ARTNA.
Atlantica Yield plc - Ordinary Shares (AY) Company Bio
Atlantica Yield plc owns a diversified portfolio of contracted renewable energy, power generation, electric transmission and water assets in North America, South America and certain markets in EMEA. The company was founded in 2013 and is based in Brentford, United Kingdom.
AY Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Atlantica Sustainable Infrastructure plc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Atlantica Sustainable Infrastructure plc ranked in the 77th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Atlantica Sustainable Infrastructure plc ended up being:
In the past 5.02 years, Atlantica Sustainable Infrastructure plc has a compound free cash flow growth rate of 0.53%; that's better than 81.08% of cash flow producing equities in the Utilities sector, where it is classified.
37% of the company's capital comes from equity, which is greater than merely 14.81% of stocks in our cash flow based forecasting set.
The business' balance sheet reveals debt to be 63% of the company's capital (with equity being the remaining amount). Approximately 85.15% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
NRG, BIP, AT, NEP, and CWEN can be thought of as valuation peers to AY, in the sense that they are in the Utilities sector and have a similar price forecast based on DCF valuation.
Atlantica Sustainable Infrastructure plc (AY) Q2 2020 Earnings Conference Call August 3, 2020 8:15 AM ET Company Participants Santiago Seage - Chief Executive Officer Francisco Martinez-Davis - Chief Financial Officer Conference Call Participants Julien Dumoulin-Smith - Bank of America Merrill Lynch David Quezada - Raymond James Ltd. Presentation Operator Welcome...
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The Relative Strength (RS) Rating for Atlantica Yield entered a new percentile Friday, with an increase from 76 to 81. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. IBD's proprietary RS Rating identifies market leadership by showing how a stock's price action over the last 52 weeks compares to that of other stocks on the major indexes.