EnBW Energie Baden-Wurttemberg (EBK) AI Stock Analysis

• Market Cap: €22.31B
• Dividend Yield: 2.16%
• Average Volume (3M): 332.00
• Price to Earnings (P/E): 53.3
• Beta (1Y): 0.19
• Revenue Growth: -10.30%
• EPS Growth: 0.96%
• Country: DE
• Employees: 28,597
• Sector: Utilities
• Sector Strength: 64
• Industry: Diversified Utilities
• EPS (TTM): -0.34
• Shares Outstanding: 330,160,860
• 10 Day Avg. Volume: 198
• 30 Day Avg. Volume: 332
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €72.00
• Price Target Upside: 2.27% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 61 Neutral
• Price Target: €72.00 ▲(2.27% Upside)

EnBW Energie Baden-Wurttemberg's overall score reflects stable financial performance with solid operational efficiency but high leverage and negative free cash flow. The technical indicators suggest a neutral to mildly bearish outlook, and the high P/E ratio indicates overvaluation. These factors collectively result in a moderate stock score.

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: Smart Infrastructure for Customers, System-Critical Infrastructure, and Sustainable Generation Infrastructure. The company sells electricity and gas; provides energy industry services; and provides energy supply and energy solutions. It also transmits and distributes grids for electricity and gas; offers grid-related services; and supplies water, as well as engages in the provision and expansion of quick charging infrastructure and digital solutions for electromobility; and broadband activities in the telecommunications sector. In addition, the company generates power from renewable energy sources consisting of solar, wind, hydropower, biomass, coal, and geothermal energy power plants. Further, it operates and dismantles nuclear power plants; stores gas; provides system services and waste management/environmental services; and engages in the project development, project planning, construction, and economic operation of power plants based on renewable energies. Additionally, the company is also involved in the electricity and gas trading, gas midstream, and district heating businesses; and direct distribution of renewable energy power plants. It supplies energy solutions and energy industry services to approximately 5.5 million customers. It primarily operates under the EnBW, Yello, GVS, Erdgas Südwest, ODR, ZEAG, NaturEnergie, Pražská energetika, Stadtwerke Düsseldorf, VNG, and goldgas brands. The company serves retail customers, small commercial enterprises, the housing industry and agriculture industries, and industrial customers, as well as redistributors, municipal utilities, local authorities, and public entities. EnBW Energie Baden-Württemberg AG was founded in 1997 and is based in Karlsruhe, Germany.

How the Company Makes Money

EnBW generates revenue primarily through the sale of electricity and gas to residential, commercial, and industrial customers. The company benefits from a diversified revenue model that includes income from power generation, particularly from renewable energy sources, which is increasingly becoming a significant part of its portfolio. Additionally, EnBW earns money through the provision of energy services, including energy efficiency solutions and smart grid technologies. The company has established partnerships with local governments and other stakeholders to develop infrastructure projects, which can also contribute to its earnings. Furthermore, EnBW participates in energy trading markets, allowing it to optimize its energy sales and increase profitability through strategic trading activities. Overall, the combination of traditional energy supply, a growing focus on renewables, and innovative energy services helps sustain EnBW's financial performance.

EnBW Energie Baden-Wurttemberg Financial Statement Overview

Summary

EnBW Energie Baden-Wurttemberg demonstrates stable financial performance with solid operational efficiency. However, high leverage and negative free cash flow due to capital expenditures pose risks that need addressing.

Income Statement

EnBW Energie Baden-Wurttemberg shows a mixed performance on its income statement. The gross profit margin has been relatively steady, indicating stable operational efficiency. However, the net profit margin and revenue growth rate have shown volatility, with a recent decline in revenue. The EBIT and EBITDA margins are solid, reflecting good control over operating expenses.

Balance Sheet

The balance sheet reflects some strengths and challenges. The debt-to-equity ratio is relatively high, indicating significant leverage, which could pose risks if market conditions change. However, the return on equity is strong, suggesting efficient use of equity. The equity ratio indicates moderate reliance on equity financing, providing some financial stability.

Cash Flow

EnBW's cash flow shows both strengths and weaknesses. The operating cash flow to net income ratio is strong, indicating good cash generation relative to accounting profits. However, free cash flow is negative, primarily due to high capital expenditures, which can strain liquidity if not managed properly. The free cash flow to net income ratio is unfavorable, emphasizing the need for improved cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	32.99B	34.52B	44.43B	56.00B	32.15B	19.69B
Gross Profit	8.23B	8.99B	9.21B	5.21B	6.47B	5.59B
EBITDA	5.15B	5.34B	5.69B	4.95B	2.43B	2.92B
Net Income	362.20M	1.24B	1.54B	1.74B	363.20M	807.60M
Balance Sheet
Total Assets	62.91B	64.28B	64.72B	69.50B	71.27B	45.97B
Cash, Cash Equivalents and Short-Term Investments	7.02B	8.44B	8.55B	6.16B	6.58B	2.00B
Total Debt	0.00	19.38B	16.18B	12.57B	11.35B	9.82B
Total Liabilities	45.13B	46.51B	48.87B	56.73B	62.77B	38.20B
Stockholders Equity	10.14B	10.23B	9.31B	8.96B	4.65B	3.91B
Cash Flow
Free Cash Flow	-2.42B	-2.86B	-3.50B	-965.90M	5.24B	-1.02B
Operating Cash Flow	3.76B	2.62B	899.70M	1.80B	7.60B	1.16B
Investing Cash Flow	-5.30B	-6.21B	-5.80B	-2.73B	-2.86B	-1.98B
Financing Cash Flow	1.81B	2.38B	4.42B	734.60M	600.10M	681.90M

EnBW Energie Baden-Wurttemberg Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 70.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: 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 70.4 is above the 20-day moving average (MA) of 68.66, above the 50-day MA of 68.71, and above the 200-day MA of 64.64, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 57.68 is Neutral, neither overbought nor oversold. The STOCH value of 74.24 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	$17.34B	17.87	5.54%	3.65%	6.63%	11.55%
EBK	61 Neutral	€22.31B	53.31	3.57%	2.16%	-10.30%	0.96%
ECV	―	€2.84B	―	-20.91%	―	―	―
0MPP	―	€39.81B	12.77	18.90%	―	―	―
0FCK	―	€1.98B	13.22	7.01%	―	―	―
0HA0	―	€25.54B	9.70	7.90%	―	―	―
UNPRF	―	$18.04B	56.38	-2.72%	―	―	―

EnBW Energie Baden-Wurttemberg Corporate Events

EnBW to Release Financial Reports for 2025 and 2026

EnBW Energie Baden-Württemberg AG has announced the upcoming disclosure of its financial reports, including the year report for 2025 and the half-year report for 2026. These reports are scheduled for publication on March 25, 2026, and August 7, 2026, respectively, and will provide stakeholders with insights into the company’s financial performance and strategic direction.

EnBW Announces Update on Total Voting Rights

EnBW Energie Baden-Württemberg AG announced a change in its total voting rights, now totaling 330,160,843, effective from July 16, 2025. This announcement, made in accordance with Article 41 of the WpHG, reflects a capital measure that may impact the company’s governance structure and shareholder dynamics.

EnBW Announces Capital Increase to Strengthen Financial Position

EnBW Energie Baden-Württemberg AG has announced a capital increase by issuing up to 54.171.005 new shares, raising its share capital by up to €138.677.772,80. This move is expected to generate gross proceeds of up to €3.1 billion, which the company plans to use to strengthen its credit standing and equity, providing financial flexibility for future investments. The new shares will be offered to existing shareholders through indirect subscription rights, with major shareholders committing to fully exercise their rights, ensuring substantial support for the capital increase.