EnBW Energie Baden-Wurttemberg (EBK) AI Stock Analysis

• Market Cap: €21.53B
• Dividend Yield: 2.21%
• Average Volume (3M): 192.00
• Price to Earnings (P/E): 78.3
• Beta (1Y): 0.20
• Revenue Growth: -8.11%
• EPS Growth: -60.54%
• Country: DE
• Employees: 28,597
• Sector: Utilities
• Sector Strength: 65
• Industry: Diversified Utilities
• EPS (TTM): 0.40
• Shares Outstanding: 330,160,860
• 10 Day Avg. Volume: 205
• 30 Day Avg. Volume: 192
• PEG Ratio: -0.61
• Price to Book (P/B): 1.59
• Price to Sales (P/S): 0.47
• P/FCF Ratio: -5.68
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: €70.00 ▲(2.94% Upside)

The overall stock score of 58 reflects stable financial performance with areas for improvement, particularly in cash flow management. Technical analysis indicates a lack of strong momentum, and the high P/E ratio suggests potential overvaluation concerns. The dividend yield offers some income, but not enough to significantly enhance the valuation score.

Positive Factors

Renewable Energy Investment

EnBW's focus on renewable energy positions it well for long-term growth, aligning with global shifts towards sustainable energy solutions.

Diversified Revenue Model

A diversified revenue model reduces dependence on any single income stream, enhancing financial stability and resilience against market fluctuations.

Strong Operational Efficiency

Consistent operational efficiency indicates effective cost management and the ability to maintain profitability despite market challenges.

Negative Factors

High Leverage

High leverage can increase financial risk, particularly if market conditions deteriorate, potentially impacting the company's ability to finance operations.

Negative Free Cash Flow

Negative free cash flow can strain liquidity and limit the company's ability to invest in growth opportunities without additional financing.

Decline in Revenue Growth

Declining revenue growth can signal challenges in market demand or competitive pressures, potentially impacting long-term profitability.

EnBW Energie Baden-Wurttemberg Business Overview & Revenue Model

Company Description

EnBW Energie Baden-Württemberg AG (EBK) is one of Germany's largest energy suppliers, headquartered in Karlsruhe, Baden-Württemberg. The company operates across various sectors, including electricity generation, gas distribution, and energy services. EnBW is heavily invested in renewable energy sources such as wind and solar power, alongside traditional energy production methods. Its core products and services encompass electricity and gas supply, energy management solutions, and infrastructure development for energy networks.

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 despite recent revenue decreases. The balance sheet indicates high leverage, necessitating cautious financial management. Cash flow management needs improvement, particularly in controlling capital expenditures to enhance free cash flow.

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	5.63B	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: 68.00
• 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 68 is above the 20-day moving average (MA) of 67.25, above the 50-day MA of 67.27, and above the 200-day MA of 67.26, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 58.62 is Neutral, neither overbought nor oversold. The STOCH value of 71.85 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
MVV1	70 Outperform	€2.06B	13.43	7.01%	4.05%	-11.39%	-4.89%
RWE	68 Neutral	€31.58B	12.14	6.75%	2.51%	-8.65%	-17.97%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
UN0	65 Neutral	$12.33B	-38.43	0.82%	―	-18.10%	―
EOAN	60 Neutral	€41.44B	13.16	17.74%	3.58%	0.77%	67.07%
EBK	58 Neutral	€21.53B	78.25	2.13%	2.21%	-8.11%	-60.54%

EnBW Energie Baden-Wurttemberg Corporate Events

EnBW Announces Major Shift in Voting Rights Structure

EnBW Energie Baden-Württemberg AG announced a significant change in its voting rights structure due to a shareholders’ agreement. The State of Baden-Württemberg now holds approximately 47% of the voting rights, with an additional 47% attributed through instruments, resulting in a total of 93.99% voting rights. This shift underscores the strategic influence of the State of Baden-Württemberg in the company’s governance, potentially impacting future decision-making and stakeholder interests.

The most recent analyst rating on (DE:EBK) stock is a Hold with a EUR69.00 price target. To see the full list of analyst forecasts on EnBW Energie Baden-Wurttemberg stock, see the DE:EBK Stock Forecast page.

EnBW Announces Major Voting Rights Shift Following Shareholders’ Agreement

EnBW Energie Baden-Württemberg AG announced a significant change in its voting rights structure due to a shareholders’ agreement, which resulted in Zweckverband Oberschwäbische Elektrizitätswerke holding approximately 47% of the voting rights. This adjustment, crossing the threshold on October 10, 2025, reflects a strategic realignment in the company’s governance, potentially impacting its operational and strategic decisions.

The most recent analyst rating on (DE:EBK) stock is a Hold with a EUR69.00 price target. To see the full list of analyst forecasts on EnBW Energie Baden-Wurttemberg stock, see the DE:EBK Stock Forecast page.

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.