IDACORP, Inc.
IDACORP, Inc. Fundamental Analysis
IDACORP, Inc. (IDA) shows weak financial fundamentals with a PE ratio of 23.13, profit margin of 18.61%, and ROE of 9.42%. The company generates $1.8B in annual revenue with weak year-over-year growth of -0.75%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 16.0/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze IDA's fundamental strength across five key dimensions:
Efficiency Score
WeakIDA struggles to generate sufficient returns from assets.
Valuation Score
ModerateIDA shows balanced valuation metrics.
Growth Score
WeakIDA faces weak or negative growth trends.
Financial Health Score
ModerateIDA shows balanced financial health with some risks.
Profitability Score
WeakIDA struggles to sustain strong margins.
Key Financial Metrics
Is IDA Expensive or Cheap?
P/E Ratio
IDA trades at 23.13 times earnings. This indicates a fair valuation.
PEG Ratio
When adjusting for growth, IDA's PEG of 2.84 indicates potential overvaluation.
Price to Book
The market values IDACORP, Inc. at 2.11 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 5.71 times EBITDA. This is generally considered low.
How Well Does IDA Make Money?
Net Profit Margin
For every $100 in sales, IDACORP, Inc. keeps $18.61 as profit after all expenses.
Operating Margin
Core operations generate 19.94 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $9.42 in profit for every $100 of shareholder equity.
ROA
IDACORP, Inc. generates $3.13 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
IDACORP, Inc. generates strong operating cash flow of $557.24M, reflecting robust business health.
Free Cash Flow
IDACORP, Inc. generates weak or negative free cash flow of $-801.74M, restricting financial flexibility.
FCF Per Share
Each share generates $-14.47 in free cash annually.
FCF Yield
IDA converts -10.28% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
23.13
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
2.84
vs 25 benchmark
P/B Ratio
Price to book value ratio
2.11
vs 25 benchmark
P/S Ratio
Price to sales ratio
4.34
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
1.10
vs 25 benchmark
Current Ratio
Current assets to current liabilities
1.21
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.09
vs 25 benchmark
ROA
Return on assets percentage
0.03
vs 25 benchmark
ROCE
Return on capital employed
0.04
vs 25 benchmark
How IDA Stacks Against Its Sector Peers
| Metric | IDA Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 23.13 | 19.43 | Worse (Expensive) |
| ROE | 9.42% | 902.00% | Weak |
| Net Margin | 18.61% | 857.00% | Weak |
| Debt/Equity | 1.10 | 1.39 | Strong (Low Leverage) |
| Current Ratio | 1.21 | 1.39 | Neutral |
| ROA | 3.13% | -4817.00% (disorted) | Weak |
IDA outperforms its industry in 1 out of 6 key metrics, but lagging in P/E Ratio.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews IDACORP, Inc.'s 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
25.07%
Industry Style: Defensive, Dividend, Income
High GrowthEPS CAGR
26.96%
Industry Style: Defensive, Dividend, Income
High GrowthFCF CAGR
44.49%
Industry Style: Defensive, Dividend, Income
High Growth