Want to see DE:EBK full AI Analyst Report?
Top Page
EnBW Energie Baden-Wurttemberg
(XETRA:EBK)
Select Model
Select Model
Rating:54Neutral
Price Target:
€69.00
▼(-0.58% Downside)
Action:Reiterated
Date:08/17/26
The score is mainly supported by strong and improving free cash flow, but is held back by current net losses/negative ROE and only mid-level balance-sheet strength given meaningful leverage. Technical signals are neutral with slightly negative momentum, while valuation is pressured by the negative P/E despite a moderate dividend yield.
Positive Factors
Strong Free Cash Flow
Sustained positive operating and free cash flow gives EnBW internal funding capacity for network investment, renewable expansion, and debt service. The improvement versus prior years strengthens financial resilience, although continued consistency remains important.
Negative Factors
Negative Profitability
Current losses and negative returns on equity weaken the company’s ability to compound shareholder value and reduce earnings visibility. Persistent profitability pressure could constrain investment flexibility even while operating cash flow remains strong.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Free Cash Flow
Sustained positive operating and free cash flow gives EnBW internal funding capacity for network investment, renewable expansion, and debt service. The improvement versus prior years strengthens financial resilience, although continued consistency remains important.
Read all positive factors
EnBW Energie Baden-Wurttemberg (EBK) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€22.24B
Dividend Yield2.47%
Average Volume (3M)192.00
Price to Earnings (P/E)―
Beta (1Y)0.09
Revenue Growth9.20%
EPS Growth-205.54%
CountryDE
Employees29,326
SectorGeneral
Sector StrengthN/A
IndustryDiversified Utilities
Share Statistics
EPS (TTM)-1.37
Shares Outstanding330,160,860
10 Day Avg. Volume205
30 Day Avg. Volume192
Financial Highlights & Ratios
PEG Ratio0.84
Price to Book (P/B)1.56
Price to Sales (P/S)0.58
P/FCF Ratio4.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EnBW Energie Baden-Wurttemberg Business Overview & Revenue Model
Company Description
EnBW Energie Baden-Württemberg AG operates as an integrated energy company in Germany, Rest of Europe, and internationally. It operates through three segments: Sustainable Generation Infrastructure, Critical Infrastructure, and Smart Infrastructur...
How the Company Makes Money
EnBW primarily makes money through multiple, vertically integrated revenue streams across the energy sector: (1) Power and heat generation: EnBW earns revenue by producing electricity (including from renewable and conventional plants) and selling ...
EnBW Energie Baden-Wurttemberg Financial Statement Overview
Summary
Income Statement
48
Neutral
Balance Sheet
52
Neutral
Cash Flow
67
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 36.02B | 34.39B | 34.52B | 44.43B | 56.00B | 32.15B |
| Gross Profit | 4.12B | 3.07B | 8.99B | 9.21B | 5.21B | 6.47B |
| EBITDA | 4.96B | 3.46B | 5.63B | 5.69B | 4.95B | 2.43B |
| Net Income | -446.70M | -206.80M | 1.24B | 1.54B | 1.74B | 363.20M |
Balance Sheet | ||||||
| Total Assets | 68.17B | 72.72B | 64.28B | 64.72B | 69.50B | 71.27B |
| Cash, Cash Equivalents and Short-Term Investments | 7.93B | 9.34B | 8.44B | 8.55B | 6.16B | 6.58B |
| Total Debt | 19.44B | 21.23B | 19.38B | 16.18B | 12.57B | 11.35B |
| Total Liabilities | 46.35B | 51.00B | 46.51B | 48.87B | 56.73B | 62.77B |
| Stockholders Equity | 12.67B | 12.90B | 10.23B | 9.31B | 8.96B | 4.65B |
Cash Flow | ||||||
| Free Cash Flow | 3.73B | 4.22B | -2.86B | -3.50B | -965.90M | 5.24B |
| Operating Cash Flow | 3.78B | 4.54B | 2.62B | 899.70M | 1.80B | 7.60B |
| Investing Cash Flow | -7.68B | -8.53B | -6.21B | -5.80B | -2.73B | -2.86B |
| Financing Cash Flow | 2.33B | 2.63B | 2.38B | 4.42B | 734.60M | 600.10M |
EnBW Energie Baden-Wurttemberg Technical Analysis
Positive
69.40
Price Trends
68.92
Negative
68.60
Positive
67.58
Positive
Market Momentum
-0.06
Negative
51.08
Neutral
63.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:EBK, the sentiment is Positive. The current price of 69.4 is above the 20-day moving average (MA) of 68.35, above the 50-day MA of 68.92, and above the 200-day MA of 67.58, indicating a neutral trend. The MACD of -0.06 indicates Negative momentum. The RSI at 51.08 is Neutral, neither overbought nor oversold. The STOCH value of 63.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:EBK.
EnBW Energie Baden-Wurttemberg Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | €44.71B | 13.34 | 6.90% | 2.04% | -34.12% | 23.51% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | €22.24B | -50.22 | -3.42% | 2.45% | 9.20% | -205.54% | |
54 Neutral | €2.00B | 46.52 | 1.88% | 4.29% | -7.56% | -71.88% | |
49 Neutral | €45.49B | 13.62 | 16.83% | 2.91% | -8.43% | 7.19% | |
42 Neutral | €538.17M | -18.22 | -20.05% | 0.38% | 13.19% | -27.65% |
* General Sector Average
DE:EBK
EnBW Energie Baden-Wurttemberg
68.80
2.07
3.10%
DE:EOAN
E.ON SE
17.44
2.47
16.54%
DE:WWG
Gelsenwasser
550.00
11.94
2.22%
DE:MVV1
MVV Energie
30.30
1.41
4.87%
DE:PNE3
PNE WIND
7.26
-6.66
-47.85%
DE:RWE
RWE AG
57.22
22.56
65.07%
EnBW Energie Baden-Wurttemberg Corporate Events
Financial Disclosures
EnBW sets publication dates for 2026 annual and 2027 half-year reports
Neutral
Aug 7, 2026
EnBW Energie Baden-Württemberg AG has announced the scheduled publication dates for its upcoming financial reports, covering both the standalone and group annual reports for the 2026 financial year. These reports, for the period from 1 Januar...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.