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Electricite de Strasbourg SA (FR:ELEC)
:ELEC
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Electricite de Strasbourg SA (ELEC) AI Stock Analysis

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FR:ELEC

Electricite de Strasbourg SA

(ELEC)

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Neutral 69 (OpenAI - 5.2)
Rating:69Neutral
Price Target:
€178.00
▼(-10.19% Downside)
Action:Downgraded
Date:08/01/26
The score is primarily supported by strong financial strength (very low leverage and improved profitability) and attractive valuation (low P/E and high dividend yield). These positives are tempered by weak technical positioning, with the stock trading materially below major moving averages, and by financial risks tied to revenue volatility and inconsistent cash-flow conversion.
Positive Factors
Conservative balance sheet
Extremely low leverage and a sizable equity base materially reduce refinancing and solvency risk. This balance-sheet conservatism provides durable financial flexibility to fund capex, absorb commodity or regulatory shocks, and support dividends or investment without stressing liquidity over the medium term.
Negative Factors
Revenue volatility
Consecutive revenue declines in 2024 and 2025 highlight top-line sensitivity to market or customer dynamics. Persistent or recurring revenue volatility reduces predictability of earnings and cash flow, complicating long-term planning for capex, tariffs, and dividend policy and increasing execution risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Extremely low leverage and a sizable equity base materially reduce refinancing and solvency risk. This balance-sheet conservatism provides durable financial flexibility to fund capex, absorb commodity or regulatory shocks, and support dividends or investment without stressing liquidity over the medium term.
Read all positive factors

Electricite de Strasbourg SA (ELEC) vs. iShares MSCI France ETF (EWQ)

Electricite de Strasbourg SA Business Overview & Revenue Model

Company Description
Électricité de Strasbourg S.A., a French company established in Strasbourg in 1899, provides electricity and natural gas to a range of clients across France, including individuals, businesses, and local authorities. Beyond energy supply, its activ...
How the Company Makes Money
Electricite de Strasbourg SA primarily makes money by selling electricity and natural gas to end customers under supply contracts, earning revenue from the volume of energy delivered and the pricing terms (including regulated or market-based compo...

Electricite de Strasbourg SA Financial Statement Overview

Summary
Strong overall fundamentals driven by a conservatively positioned balance sheet (very low leverage) and meaningfully improved profitability in 2024–2025. Offsetting factors are revenue volatility (declines in 2024 and 2025) and uneven cash-flow conversion, including a weak 2023 and free cash flow covering only ~64% of net income in 2024–2025.
Income Statement
72
Positive
Balance Sheet
90
Very Positive
Cash Flow
67
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.28B1.25B1.42B1.67B1.29B870.84M
Gross Profit347.56M202.29M376.44M239.30M199.61M258.47M
EBITDA193.15M277.42M230.33M177.78M128.59M139.34M
Net Income130.22M157.99M150.41M93.36M54.95M58.89M
Balance Sheet
Total Assets1.99B2.11B2.12B2.02B2.06B1.88B
Cash, Cash Equivalents and Short-Term Investments362.36M367.00M332.63M233.72M380.02M324.41M
Total Debt11.44M14.88M7.93M12.18M43.98M8.27M
Total Liabilities1.34B1.43B1.52B1.54B1.63B1.50B
Stockholders Equity642.47M675.92M585.91M474.26M417.69M373.20M
Cash Flow
Free Cash Flow85.26M160.60M127.08M-50.88M69.96M67.34M
Operating Cash Flow193.03M252.89M198.09M29.18M144.40M146.76M
Investing Cash Flow-101.67M-84.84M-113.63M-136.61M9.85M-73.40M
Financing Cash Flow-88.67M-73.33M-55.64M-14.68M-40.46M-34.52M

Electricite de Strasbourg SA Technical Analysis

Technical Analysis Sentiment
Negative
Last Price198.20
Price Trends
50DMA
193.49
Negative
100DMA
205.24
Negative
200DMA
195.31
Negative
Market Momentum
MACD
-8.01
Positive
RSI
34.98
Neutral
STOCH
33.75
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ELEC, the sentiment is Negative. The current price of 198.2 is above the 20-day moving average (MA) of 179.65, above the 50-day MA of 193.49, and above the 200-day MA of 195.31, indicating a bearish trend. The MACD of -8.01 indicates Positive momentum. The RSI at 34.98 is Neutral, neither overbought nor oversold. The STOCH value of 33.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:ELEC.

Electricite de Strasbourg SA Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
€1.21B9.246.91%-9.54%-16.21%
66
Neutral
$17.65B18.105.60%3.62%6.62%11.55%
48
Neutral
€117.53M-3.88253.75%39.39%
45
Neutral
€41.98M-7.18-6.93%-91.03%47.04%
42
Neutral
€845.95M-6.63-13.06%7.53%-511.50%
39
Underperform
€106.40M-2.1391.61%-74.56%
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
FR:ELEC
Electricite de Strasbourg SA
167.80
13.57
8.80%
FR:VLTSA
Voltalia
6.43
-0.89
-12.16%
FR:HDF
Hydrogene de France
2.87
-2.11
-42.37%
FR:ALESE
Entech SA
10.04
1.60
18.90%
FR:ALHAF
Haffner Energy SAS
0.64
0.37
137.41%
FR:LHYFE
Lhyfe SA
2.26
-1.01
-30.83%
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.Date of analysis: Aug 01, 2026