EnBW Energie Baden-Wurttemberg (EBK) AI Stock Analysis

• Market Cap: €21.53B
• Dividend Yield: 2.28%
• Average Volume (3M): 192.00
• Price to Earnings (P/E): 78.3
• Beta (1Y): 0.21
• 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: 53 Neutral
• Price Target: €68.00 ▲(2.10% Upside)

The overall stock score of 53 reflects a combination of mixed financial performance, neutral technical indicators, and high valuation concerns. The most significant factor is the financial performance, which shows both strengths and weaknesses. The technical analysis suggests a lack of strong momentum, and the high P/E ratio raises valuation concerns.

Positive Factors

Renewable Energy Portfolio

EnBW's investment in renewable energy positions it well for long-term growth as demand for sustainable energy solutions increases globally.

Energy Services Market

EnBW's diversified revenue from energy services, including management and consulting, supports stable income and aligns with industry trends.

Smart Grid Technology

Investing in smart grid technology enhances EnBW's infrastructure, improving efficiency and reliability, crucial for future energy distribution.

Negative Factors

High Leverage

High leverage increases financial risk, potentially limiting EnBW's ability to invest in growth opportunities and manage economic downturns.

Negative Free Cash Flow

Negative free cash flow indicates cash management issues, potentially impacting EnBW's ability to fund operations and growth initiatives.

Inconsistent Revenue Growth

Inconsistent revenue growth may hinder EnBW's ability to achieve stable financial performance and meet long-term strategic goals.

EnBW Energie Baden-Wurttemberg Business Overview & Revenue Model

Company Description

EnBW Energie Baden-Württemberg AG (EBK) is one of Germany's largest energy supply companies, primarily focused on the provision of electricity, gas, and water services. Headquartered in Karlsruhe, EnBW operates across various sectors including renewable energy, conventional energy generation, and energy distribution. The company is heavily invested in the transition to sustainable energy, with a significant portfolio in wind and solar power, as well as services related to electric mobility and energy efficiency solutions.

How the Company Makes Money

EnBW generates revenue through multiple streams, primarily from the sale of electricity and gas to residential, commercial, and industrial customers. The company also earns significant income from its renewable energy projects, particularly through the production and sale of electricity generated from wind and solar sources. Additionally, EnBW has developed a strong presence in the energy services market, providing solutions such as energy management and consulting. Key partnerships with local governments and private enterprises in energy infrastructure projects further bolster its revenue. The company's investments in smart grid technology and electric vehicle charging stations also contribute to its earnings, as these services align with the increasing demand for sustainable energy solutions.

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	33.58B	34.52B	44.43B	56.00B	32.15B	19.69B
Gross Profit	6.96B	8.99B	9.21B	5.21B	6.47B	5.59B
EBITDA	5.03B	5.63B	5.69B	4.95B	2.43B	2.92B
Net Income	254.00M	1.24B	1.54B	1.74B	363.20M	807.60M
Balance Sheet
Total Assets	66.78B	64.28B	64.72B	69.50B	71.27B	45.97B
Cash, Cash Equivalents and Short-Term Investments	4.98B	8.44B	8.55B	6.16B	6.58B	2.00B
Total Debt	19.56B	19.38B	16.18B	12.57B	11.35B	9.82B
Total Liabilities	45.15B	46.51B	48.87B	56.73B	62.77B	38.20B
Stockholders Equity	13.48B	10.23B	9.31B	8.96B	4.65B	3.91B
Cash Flow
Free Cash Flow	-2.34B	-2.86B	-3.50B	-965.90M	5.24B	-1.02B
Operating Cash Flow	4.06B	2.62B	899.70M	1.80B	7.60B	1.16B
Investing Cash Flow	-8.52B	-6.21B	-5.80B	-2.73B	-2.86B	-1.98B
Financing Cash Flow	4.39B	2.38B	4.42B	734.60M	600.10M	681.90M

EnBW Energie Baden-Wurttemberg Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 66.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• 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 Negative. The current price of 66.6 is below the 20-day moving average (MA) of 67.47, below the 50-day MA of 67.35, and below the 200-day MA of 67.69, indicating a bearish trend. The MACD of -0.11 indicates Positive momentum. The RSI at 45.92 is Neutral, neither overbought nor oversold. The STOCH value of 68.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
RWE	69 Neutral	€33.16B	14.36	6.75%	2.47%	-8.65%	-17.97%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%
EOAN	61 Neutral	€41.67B	13.88	17.74%	3.45%	0.77%	67.07%
UN0	55 Neutral	€13.91B	238.91	0.82%	―	-18.10%	―
EBK	53 Neutral	€21.53B	78.25	2.13%	2.28%	-8.11%	-60.54%
MVV1	51 Neutral	€2.02B	16.19	5.62%	4.08%	-8.49%	-31.95%

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.

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.