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CEZ as
PSE:CEZ

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CEZ as
PSE:CEZ
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Price: 1 220 CZK 0.66% Market Closed
Market Cap: Kč656.3B

P/OCF

10.2
Current
91%
More Expensive
vs 3-y median of 5.3

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
10.2
=
Market Cap
Kč650.1B
/
Operating Cash Flow
Kč64.2B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
10.2
=
Market Cap
Kč650.1B
/
Operating Cash Flow
Kč64.2B

Valuation Scenarios

CEZ as is trading above its 3-year average

If P/OCF returns to its 3-Year Average (5.3), the stock would be worth Kč637.76 (48% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-48%
Maximum Upside
+5%
Average Downside
29%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 10.2 Kč1 220
0%
3-Year Average 5.3 Kč637.76
-48%
5-Year Average 5.7 Kč684.85
-44%
Industry Average 7 Kč840.95
-31%
Country Average 10.7 Kč1 284.06
+5%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
CZ
CEZ as
PSE:CEZ
654.9B CZK 10.2 23.3
US
Nextera Energy Inc
NYSE:NEE
191.6B USD 15.3 28
ES
Iberdrola SA
MAD:IBE
127.8B EUR 11.2 20.4
IT
Enel SpA
MIL:ENEL
97.3B EUR 7 23.1
US
Constellation Energy Corp
NASDAQ:CEG
107.3B USD 21.8 39.9
US
Southern Co
NYSE:SO
103.9B USD 10.6 23.9
US
Duke Energy Corp
NYSE:DUK
99.6B USD 8.1 20.3
US
American Electric Power Company Inc
NASDAQ:AEP
72.3B USD 10.4 20.2
FR
Electricite de France SA
PAR:EDF
46.6B EUR -6.3 -2.5
US
Entergy Corp
NYSE:ETR
52.3B USD 10.1 29.7
US
Xcel Energy Inc
NASDAQ:XEL
50.6B USD 12.4 25.1
P/E Multiple
Earnings Growth PEG
CZ
CEZ as
PSE:CEZ
Average P/E: 25.4
23.3
5%
4.7
US
Nextera Energy Inc
NYSE:NEE
28
13%
2.2
ES
Iberdrola SA
MAD:IBE
20.4
7%
2.9
IT
Enel SpA
MIL:ENEL
23.1
25%
0.9
US
Constellation Energy Corp
NASDAQ:CEG
39.9
40%
1
US
Southern Co
NYSE:SO
23.9
12%
2
US
Duke Energy Corp
NYSE:DUK
20.3
7%
2.9
US
American Electric Power Company Inc
NASDAQ:AEP
20.2
5%
4
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -2.5 N/A N/A
US
Entergy Corp
NYSE:ETR
29.7
13%
2.3
US
Xcel Energy Inc
NASDAQ:XEL
25.1
16%
1.6

Market Distribution

In line with most companies in Czech Republic
Percentile
47th
Based on 36 companies
47th percentile
10.2
Low
0.6 — 7
Typical Range
7 — 13
High
13 —
Distribution Statistics
Czech Republic
Min 0.6
30th Percentile 7
Median 10.7
70th Percentile 13
Max 115

CEZ as
Glance View

Founded in 1992, ČEZ, a.s., stands at the forefront of the Czech Republic's energy market, casting a wide net that extends beyond its borders into several European countries. As a predominant electricity producer, ČEZ's core operations are intricately woven into the entire electricity supply chain. The company orchestrates the generation, distribution, and sale of electricity, along with heat production, making it a linchpin in the region's energy infrastructure. Its extensive portfolio includes nuclear, coal, hydroelectric, and renewable energy sources, showcasing a commitment to a diversified energy mix. Nuclear power, in particular, plays a central role in its generation capacity, with key plants like Temelín and Dukovany bolstering its supply stability. This diversified energy generation strategy ensures resilience and adaptability in a shifting energy landscape while aligning with the broader European regulatory trends on sustainability and emission reductions. Profits flow primarily from electricity sales in the wholesale and retail markets, but ČEZ also capitalizes on strategic investments in energy innovation and sustainable technologies. The company's financial performance is further buttressed by its role as a utility provider, selling the energy it produces to households, businesses, and industries across Central and Southeastern Europe. In addition, through its subsidiaries, ČEZ has ventured into energy services, aiming to optimize energy consumption for its clients. This includes initiatives in energy efficiency and tailored services, aligning with global trends toward digitalization and sustainability. Such diversification not only shields ČEZ from fluctuations in energy prices but also positions it as a forward-thinking entity in the European energy sector. This multifaceted approach underpins its revenue streams and fosters resilience in an industry characterized by rapid change and regulatory pressures.

CEZ Intrinsic Value
1 029.43 CZK
Overvaluation 16%
Intrinsic Value
Price Kč1 220
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