Valuation EnBW Energie Baden-Württemberg AG

Equities

Real-time Estimate Tradegate Other stock markets 10:10:43 12/02/2026 GMT			5-day change	1st Jan Change
69.70 ^EUR	-0.14%		-0.85%	+2.94%

02-10	According to Scope Ratings, Enel and Iberdrola Pass the Capex Test	AN
02-03	Germany buys minority stake in grid operator TenneT for $3.9 billion	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024
Capitalization ¹	13,678	15,168	20,585	23,564	21,452	16,251
Change	-	10.89%	35.71%	14.47%	-8.97%	-24.24%
Enterprise Value (EV) ¹	20,854	23,938	25,289	29,667	29,969	28,251
Change	-	14.78%	5.64%	17.31%	1.02%	-5.73%
P/E ratio	18.6x	25.4x	56.7x	13.6x	14x	13.1x
PBR	3.47x	3.88x	4.43x	2.63x	2.3x	1.59x
PEG	-	-1.4x	-1.5x	0x	-1.2x	-0.7x
Capitalization / Revenue	0.72x	0.76x	0.64x	0.42x	0.48x	0.47x
EV / Revenue	1.1x	1.2x	0.78x	0.53x	0.67x	0.81x
EV / EBITDA	10.1x	9.73x	10.2x	10.5x	5.43x	6.09x
EV / EBIT	30.2x	19.5x	22.6x	21.2x	7.43x	8.98x
EV / FCF	-29.4x	-19.1x	6.26x	-23.9x	-9.99x	-8.12x
FCF Yield	-3.4%	-5.24%	16%	-4.18%	-10%	-12.3%
Dividend per Share ²	0.7	1	1.1	1.1	1.5	1.6
Rate of return	1.39%	1.79%	1.45%	1.26%	1.89%	2.67%
EPS ²	2.711	2.201	1.341	6.417	5.677	4.59
Distribution rate	25.8%	45.4%	82%	17.1%	26.4%	34.9%
Net sales ¹	18,913	19,900	32,368	56,308	44,786	34,937
EBITDA ¹	2,061	2,460	2,492	2,821	5,520	4,640
EBIT ¹	690.4	1,228	1,118	1,397	4,033	3,146
Net income ¹	734.2	596.1	363.2	1,738	1,538	1,244
Net Debt ¹	7,176	8,770	4,704	6,103	8,517	12,000
Reference price ²	50.50	56.00	76.00	87.00	79.20	60.00
Nbr of stocks (in thousands)	270,855	270,855	270,855	270,855	270,855	270,855
Announcement Date	26/03/20	25/03/21	23/03/22	27/03/23	11/03/24	26/03/25

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ENBW ENERGIE BADEN-WÜRTTEMBERG AG	-	-	-	-	26.87B
GE VERNOVA INC.	56.22x	4.77x	37x	0.22%	222B
NEXTERA ENERGY	26.01x	9.82x	16.93x	2.48%	190B
IBERDROLA, S.A.	20.54x	3.93x	11.28x	3.42%	158B
ENEL S.P.A.	14.32x	1.98x	6.86x	4.96%	116B
SOUTHERN COMPANY	21.74x	5.97x	13.27x	3.24%	100B
CONSTELLATION ENERGY CORPORATION	30.15x	4.35x	20.31x	0.56%	100B
DUKE ENERGY CORPORATION	19.82x	5.77x	11.89x	3.39%	97.36B
AMERICAN ELECTRIC POWER COMPANY, INC.	19.8x	5.2x	12.7x	3.07%	65.29B
DOMINION ENERGY, INC.	18.63x	6.38x	13.35x	4.13%	55.21B
Average	25.25x	5.35x	15.95x	2.83%	113.17B
Weighted average by Cap.	28.78x	5.49x	18.20x	2.51%