Financials EON SE

Equities

EOAN

DE000ENAG999

Multiline Utilities

Market Closed - Xetra 11:35:26 2024-05-17 am EDT 5-day change 1st Jan Change
12.7 EUR -5.22% Intraday chart for EON SE -3.75% +4.53%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 24,833 23,633 31,789 20,045 31,716 33,168 - -
Enterprise Value (EV) 1 53,690 64,369 70,562 52,787 69,407 68,885 70,658 74,802
P/E ratio 14 x 23.2 x 6.77 x 13.3 x 60.8 x 11.5 x 12.5 x 12 x
Yield 4.83% 5.19% 4.02% 5.46% 4.36% 4.28% 4.51% 4.72%
Capitalization / Revenue 0.6 x 0.39 x 0.41 x 0.17 x 0.34 x 0.36 x 0.35 x 0.37 x
EV / Revenue 1.29 x 1.06 x 0.91 x 0.46 x 0.74 x 0.74 x 0.75 x 0.83 x
EV / EBITDA 9.66 x 9.32 x 8.94 x 6.55 x 7.41 x 7.74 x 7.79 x 7.84 x
EV / FCF -195 x 56.4 x -102 x 9.97 x -90.5 x -36.3 x -166 x -134 x
FCF Yield -0.51% 1.77% -0.98% 10% -1.11% -2.76% -0.6% -0.74%
Price to Book 2.74 x 4.8 x 2.64 x 1.53 x 2.25 x 2.12 x 1.98 x 1.86 x
Nbr of stocks (in thousands) 2,607,369 2,607,369 2,607,369 2,147,484 2,610,379 2,611,658 - -
Reference price 2 9.524 9.064 12.19 9.334 12.15 12.70 12.70 12.70
Announcement Date 3/25/20 3/24/21 3/16/22 3/15/23 3/13/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 41,484 60,944 77,358 115,660 93,686 93,355 94,108 90,341
EBITDA 1 5,558 6,905 7,889 8,059 9,370 8,897 9,075 9,545
EBIT 1 3,235 3,776 4,723 5,197 6,387 5,785 5,744 5,991
Operating Margin 7.8% 6.2% 6.11% 4.49% 6.82% 6.2% 6.1% 6.63%
Earnings before Tax (EBT) 1 797 2,181 6,123 1,997 101 5,515 4,657 4,950
Net income 1 1,566 1,017 4,691 1,831 517 2,870 2,670 2,764
Net margin 3.77% 1.67% 6.06% 1.58% 0.55% 3.07% 2.84% 3.06%
EPS 2 0.6800 0.3900 1.800 0.7000 0.2000 1.100 1.014 1.058
Free Cash Flow 1 -276 1,142 -693 5,292 -767 -1,898 -425 -556.7
FCF margin -0.67% 1.87% -0.9% 4.58% -0.82% -2.03% -0.45% -0.62%
FCF Conversion (EBITDA) - 16.54% - 65.67% - - - -
FCF Conversion (Net income) - 112.29% - 289.02% - - - -
Dividend per Share 2 0.4600 0.4700 0.4900 0.5100 0.5300 0.5440 0.5731 0.5992
Announcement Date 3/25/20 3/24/21 3/16/22 3/15/23 3/13/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales - 30,503 33,040 15,047 - - - - 28,807 34,067 33,543 18,817 - - 24,443 - - - - - -
EBITDA 1 - 3,656 4,768 - - 2,084 1,973 4,061 2,049 1,949 2,715 - 5,669 - - 3,701 2,745 - - - -
EBIT 1 1,518 2,162 3,163 765 795 1,392 1,281 2,677 1,357 1,163 2,036 2,243 4,279 1,383 725 - 2,005 2,794 1,306 -72.87 -
Operating Margin - 7.09% 9.57% 5.08% - - - - 4.71% 3.41% 6.07% 11.92% - - 2.97% - - - - - -
Earnings before Tax (EBT) - - 3,493 - - - - - - - - - - - - - - - - - -
Net income - - 2,548 1,236 907 - - - - -1,983 -72 - - - -652 - - - - - -
Net margin - - 7.71% 8.21% - - - - - -5.82% -0.21% - - - -2.67% - - - - - -
EPS - - - 0.4700 0.3500 - - - - - -0.0300 0.4400 - - - - - - - - -
Dividend per Share 2 - - - - 0.4900 0.4900 0.4900 - - - - 0.5100 - - - - 0.1375 0.1375 0.1375 0.1375 0.1425
Announcement Date 3/25/20 8/12/20 8/11/21 11/10/21 3/16/22 5/11/22 8/10/22 8/10/22 11/9/22 3/15/23 5/10/23 8/9/23 8/9/23 11/8/23 3/13/24 3/13/24 5/15/24 - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 28,857 40,736 38,773 32,742 37,691 35,717 37,490 41,634
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 5.192 x 5.899 x 4.915 x 4.063 x 4.023 x 4.014 x 4.131 x 4.362 x
Free Cash Flow 1 -276 1,142 -693 5,292 -767 -1,898 -425 -557
ROE (net income / shareholders' equity) 20.7% 23.4% 55.3% 13.1% 3.44% 18.3% 16.4% 15.5%
ROA (Net income/ Total Assets) 2.05% 1.05% 4.36% 1.44% 0.42% 2.26% 2.06% 2.06%
Assets 1 76,446 96,733 107,572 126,880 123,743 126,948 129,871 134,365
Book Value Per Share 2 3.480 1.890 4.620 6.100 5.400 6.000 6.410 6.820
Cash Flow per Share 2 1.290 2.040 1.560 3.850 2.170 1.760 2.540 2.600
Capex 1 3,241 4,171 4,762 4,753 6,421 7,162 7,722 8,312
Capex / Sales 7.81% 6.84% 6.16% 4.11% 6.85% 7.67% 8.21% 9.2%
Announcement Date 3/25/20 3/24/21 3/16/22 3/15/23 3/13/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
12.7 EUR
Average target price
14.83 EUR
Spread / Average Target
+16.74%
Consensus
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