E

EVN AG
VSE:EVN

Watchlist Manager
EVN AG
VSE:EVN
Watchlist
Price: 22.45 EUR 1.13% Market Closed
Market Cap: 4B EUR

Relative Value

The Relative Value of one EVN stock under the Base Case scenario is 31.4 EUR. Compared to the current market price of 22.45 EUR, EVN AG is Undervalued by 28%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

EVN Relative Value
Base Case
31.4 EUR
Undervaluation 28%
Relative Value
Price
E
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
47
vs Industry
55
Median 3Y
1.2
Median 5Y
1.3
Industry
1.7
Forward
1.3
vs History
74
vs Industry
58
Median 3Y
9.9
Median 5Y
10.6
Industry
15
Forward
9.4
vs History
77
vs Industry
65
Median 3Y
4.2
Median 5Y
5.3
Industry
6.9
vs History
3
vs Industry
7
Median 3Y
10.2
Median 5Y
9.8
Industry
14.1
vs History
50
vs Industry
76
Median 3Y
0.6
Median 5Y
0.6
Industry
1.4
vs History
36
vs Industry
64
Median 3Y
1.5
Median 5Y
1.5
Industry
2.8
Forward
1.5
vs History
52
vs Industry
71
Median 3Y
4
Median 5Y
4
Industry
7.4
vs History
36
vs Industry
65
Median 3Y
6.3
Median 5Y
6.2
Industry
10.4
Forward
6
vs History
52
vs Industry
53
Median 3Y
12.3
Median 5Y
13.1
Industry
14.9
Forward
11.4
vs History
73
vs Industry
73
Median 3Y
4.9
Median 5Y
5.8
Industry
10.9
vs History
23
vs Industry
36
Median 3Y
8.2
Median 5Y
11
Industry
17
vs History
28
vs Industry
82
Median 3Y
0.5
Median 5Y
0.4
Industry
0.9

Multiples Across Competitors

EVN Competitors Multiples
EVN AG Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
AT
EVN AG
VSE:EVN
4B EUR 1.3 9 6.4 12.8
US
Nextera Energy Inc
NYSE:NEE
135.9B USD 5.5 19.6 16.2 29.3
ES
Iberdrola SA
MAD:IBE
96.6B EUR 2.2 17.2 7.4 12.3
US
Southern Co
NYSE:SO
99.4B USD 3.7 22.6 12.9 22.5
US
Duke Energy Corp
NYSE:DUK
93B USD 3.1 21.1 12 21.7
IT
Enel SpA
MIL:ENEL
76.5B EUR 1 10.9 6.2 9.7
US
Constellation Energy Corp
NASDAQ:CEG
69.8B USD 3 18.6 10.6 17.3
US
American Electric Power Company Inc
NASDAQ:AEP
56.9B USD 2.9 19.2 12.5 22.1
FR
Electricite de France SA
PAR:EDF
46.6B EUR 0.3 -2.5 -5.4 -3.2
US
Exelon Corp
NASDAQ:EXC
46.5B USD 2 18.9 11.6 21.2
US
Xcel Energy Inc
NASDAQ:XEL
39.6B USD 2.9 20.4 12.8 28.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AT
E
EVN AG
VSE:EVN
Average EV/EBITDA: 10.9
6.4
4%
1.6
US
Nextera Energy Inc
NYSE:NEE
16.2
19%
0.9
ES
Iberdrola SA
MAD:IBE
7.4
0%
N/A
US
Southern Co
NYSE:SO
12.9
7%
1.8
US
Duke Energy Corp
NYSE:DUK
12
7%
1.7
IT
Enel SpA
MIL:ENEL
6.2
7%
0.9
US
Constellation Energy Corp
NASDAQ:CEG
10.6
-5%
N/A
US
American Electric Power Company Inc
NASDAQ:AEP
12.5
11%
1.1
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -5.4 N/A N/A
US
Exelon Corp
NASDAQ:EXC
11.6
9%
1.3
US
Xcel Energy Inc
NASDAQ:XEL
12.8
14%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AT
E
EVN AG
VSE:EVN
Average EV/EBIT: 19.7
12.8
3%
4.3
US
Nextera Energy Inc
NYSE:NEE
29.3
24%
1.2
ES
Iberdrola SA
MAD:IBE
12.3
1%
12.3
US
Southern Co
NYSE:SO
22.5
6%
3.7
US
Duke Energy Corp
NYSE:DUK
21.7
8%
2.7
IT
Enel SpA
MIL:ENEL
9.7
7%
1.4
US
Constellation Energy Corp
NASDAQ:CEG
17.3
2%
8.7
US
American Electric Power Company Inc
NASDAQ:AEP
22.1
13%
1.7
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -3.2 N/A N/A
US
Exelon Corp
NASDAQ:EXC
21.2
9%
2.4
US
Xcel Energy Inc
NASDAQ:XEL
28.3
22%
1.3