Edison International

STU : EIX
USA·Utilities·Utilities - Regulated·Ordinary Shares
€49.43
−2.06 (−3.25%)Oct 15 close
Market Cap
€19.03B
Enterprise Value
€56.48B
P/E (TTM)
6.16
P/B
1.60
Net Cash / (Debt)
−€35.35B
52-Week Range
€45 — €71
5-Year Range
€41 — €84
Avg Volume (3M)
296

Edison International is primarily a regulated electric utility holding company. Its main subsidiary, Southern California Edison, delivers electricity to about 5 million residential and business customers across a large swath of Southern California (excluding Los Angeles). Revenue comes mainly from regulated electricity distribution rates set by state regulators. A smaller subsidiary, Edison Energy, provides energy advisory and management services to large commercial and industrial customers.

Employees13,725IPOJul 1, 1988SIC4911HQ2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770
to

Financials (EUR)

Profitability

Metric
Current
Margins
Gross Margin
48.1%
Operating Margin
27.1%
EBITDA Margin
55.7%
Net Margin
24.3%
OCF Margin
—
FCF Margin
−3.8%
Returns on Capital
ROE
28.1%
ROA
5.3%
ROIC
4.7%
ROCE
9.3%
ROC (Greenblatt)
12.0%
3Y ROIIC
17.1%
Consistency
Years Profitable / 10Y
9

Valuation

Metric
Current
Earnings Multiples
P/E (TTM)
6.16
Forward P/E
12.16
P/E ex-NRI
9.26
Shiller P/E (CAPE)
19.95
Cash Flow Multiples
P/FCF
—
P/OCF
4.74
P/Owner Earnings
34.13
FCF Yield
−2.61%
Enterprise Value Multiples
EV / EBIT
9.42
EV / Forward EBIT
13.61
EV / EBITDA
6.59
EV / Forward EBITDA
8.17
EV / Revenue
3.67
EV / Forward Revenue
3.59
Asset / Sales
P/S
1.42
P/B
1.60
P/Tangible Book
1.60
Growth-Adjusted
PEG
0.42

Capital Returns

Metric
Current
Dividends
Dividend Yield (TTM)
4.74%
Forward Dividend Yield
4.82%
3Y Dividend Growth
5.8%
Payout Ratio
0.43
5Y Yield on Cost
5.99%
Buybacks & Dilution
3Y Buyback Ratio
−0.20%
5Y Share Change
3.2%
Combined
Shareholder Yield
−5.62%

Balance Sheet

Metric
Current
Leverage
Debt / Equity
2.36
Gross Debt / EBITDA
3.86
Cash / Debt
0.00
Equity / Assets
0.19
Coverage
Interest Coverage
3.40
Short-Term Liquidity
Current Ratio
0.73
Quick Ratio
0.68
Cash Ratio
0.01
Composite Scores
Piotroski F-Score
7
Altman Z-Score
0.81

5-Step DuPont Analysis

ROE %
27.61%
Net Margin %
24.53%
Operating Margin %
27.55%
Operating Income
€4.63B
÷
Revenue
€16.82B
×
Tax Burden
0.7843
Net Income
€4.12B
÷
Pretax Income
€5.26B
×
Interest Burden
1.1349
Pretax Income
€5.26B
÷
Operating Income
€4.63B
×
Asset Turnover
0.21
Revenue
€16.82B
÷
Average Total Assets
€81.01B
Begin Total Assets
€81.73B
End Total Assets
€80.30B
×
Equity Multiplier
5.42
Avg Total Assets
€81.01B
÷
Avg Stockholders Equity
€14.94B
Begin Equity
€14.87B
End Equity
€15.01B