Audax Renovables ADX.MC
Audax Renovables is a Spanish energy company that operates as an electricity and gas marketer and renewable energy producer, with a vertically integrated business model. Audax Renovables shows fragile financial health with Net Debt/EBITDA of 4.08 and negative growth (revenue -6.30%, earnings -20.70%), which weighs on its valuation despite an attractive FCF yield of 7.77%.
Detailed metrics
Market and fundamental data as of the analysis date.
Full AI report
Generated automatically from the metrics, the macro context and the company's news.
Audax Renovables is a Spanish energy company that operates as an electricity and gas marketer and renewable energy producer, with a vertically integrated business model. Audax Renovables shows fragile financial health with Net Debt/EBITDA of 4.08 and negative growth (revenue -6.30%, earnings -20.70%), which weighs on its valuation despite an attractive FCF yield of 7.77%.
Score by category
| Category | Score |
|---|---|
| Financial health | 5.1 |
| Quality / Moat | 3.9 |
| Valuation | 5.7 |
| Growth | 1.5 |
| Dividend | 5.6 |
| Momentum | 3.4 |
| Risk & Context | 3.5 |
OVERALL SCORE: 4.5/10
Context and risks
Elevated governance risk in Spain. Audax Renovables operates in a regulated sector (electricity and gas marketing and renewable generation) with exposure to regulatory and energy policy decisions, adding uncertainty about the stability of its revenues and margins.
News considered in the analysis
- Spain Heatwave Puts Solaria Stock In Focus For Climate Adaptation Investors — Titular genérico sobre ola de calor que menciona a un competidor (Solaria), sin información nueva sobre Audax Renovables.
Verdict: Hold only if you accept the risk of a highly leveraged balance sheet and stagnant growth; this is not a time to add a position.
Main risk: High leverage (Net Debt/EBITDA of 4.08) combined with negative growth and exposure to an uncertain regulatory environment in Spain.
Other Utilities companies
Neighbours in the sector ranking, to compare without going back to the index.
See all 1,000+ companies in the index →