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EVN AG

WBAG:EVN Stock Report

Market Cap: €4.2b

EVN (EVN) Stock Overview

Provides energy and environmental services in Austria, Bulgaria, North Macedonia, Croatia, Germany, and Albania. More details

EVN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends5/6

Rewards

Trading at 15.5% below our estimate of its fair value

Revenue is forecast to grow 3.02% per year

Earnings grew by 4.3% over the past year

Pays a reliable dividend of 3.8%

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 4.2% per year for the next 3 years


EVN Community Fair Values

Create Narrative

See what 8 others think this stock is worth. Follow their fair value or set your own to get alerts.

EVN logo
EVN
AN
AnalystHighTarget
Consensus Narrative from 4 Analysts

Decarbonization And Grid Digitalization Will Reshape Markets Despite Headwinds

Key Takeaways Accelerated renewables expansion, digitalized grid investments, and e-mobility integration position EVN for outsized growth and operational efficiencies amid Europe's decarbonization push. Strong financials, sector partnerships, and M&A readiness set EVN to benefit from industry consolidation and long-term electrification trends across heating, transport, and industry.
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€40.90
FV
42.1% undervalued intrinsic discount
1.89%
Revenue growth p.a.
0users have liked this narrative
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0users have followed this narrative
about 10 hours ago author updated this narrative
EVN logo
EVN
AN
AnalystConsensusTarget
Consensus Narrative from 4 Analysts

Renewable Expansion And E-Mobility Investments May Boost Future Earnings Amid Debt Concerns

Key Takeaways Aggressive expansion into renewables and strategic partnerships in e-mobility could drive growth and enhance revenue through higher generation volumes and charging infrastructure use. Divestment from international projects and focus on core operations may improve net margins, while ongoing investments aim to bolster future earnings despite short-term challenges.
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€33.85
FV
30.0% undervalued intrinsic discount
-2.90%
Revenue growth p.a.
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3users have followed this narrative
5 days ago author updated this narrative
EVN logo
EVN
AN
AnalystLowTarget
Consensus Narrative from 4 Analysts

Rising Regulatory Pressures Will Challenge Renewables Despite Offsetting Efficiency Gains

Key Takeaways Heavy investment in renewables and networks supports growth, but profitability remains vulnerable to regulation, commodity price swings, and weather-driven renewable output. Expansion into digital and green infrastructure faces challenges from rising debt, limited financial flexibility, and government intervention restraining revenue potential.
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€25.00
FV
5.2% undervalued intrinsic discount
-2.68%
Revenue growth p.a.
0users have liked this narrative
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14 days ago author updated this narrative
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EVN AG Competitors

Price History & Performance

Summary of share price highs, lows and changes for EVN
Historical stock prices
Current Share Price€23.70
52 Week High€32.00
52 Week Low€20.10
Beta0.70
1 Month Change-0.21%
3 Month Change10.75%
1 Year Change-19.52%
3 Year Change8.47%
5 Year Change61.66%
Change since IPO541.12%

Recent News & Updates

EVN's (VIE:EVN) Returns Have Hit A Wall

Jul 12
EVN's (VIE:EVN) Returns Have Hit A Wall

EVN AG's (VIE:EVN) Prospects Need A Boost To Lift Shares

Jun 24
EVN AG's (VIE:EVN) Prospects Need A Boost To Lift Shares

A Look At The Intrinsic Value Of EVN AG (VIE:EVN)

May 13
A Look At The Intrinsic Value Of EVN AG (VIE:EVN)

Recent updates

EVN's (VIE:EVN) Returns Have Hit A Wall

Jul 12
EVN's (VIE:EVN) Returns Have Hit A Wall

EVN AG's (VIE:EVN) Prospects Need A Boost To Lift Shares

Jun 24
EVN AG's (VIE:EVN) Prospects Need A Boost To Lift Shares

A Look At The Intrinsic Value Of EVN AG (VIE:EVN)

May 13
A Look At The Intrinsic Value Of EVN AG (VIE:EVN)

Investors Will Want EVN's (VIE:EVN) Growth In ROCE To Persist

Jan 16
Investors Will Want EVN's (VIE:EVN) Growth In ROCE To Persist
author-image

Renewable Energy And E-Mobility Investments Drive Growth But Declining Margins Challenge Utility's Outlook

Expanding renewable energy capacity and e-mobility investment could drive revenue growth and improve margins amid rising electric vehicle adoption and renewable energy share.

Is There An Opportunity With EVN AG's (VIE:EVN) 35% Undervaluation?

Dec 20
Is There An Opportunity With EVN AG's (VIE:EVN) 35% Undervaluation?

Little Excitement Around EVN AG's (VIE:EVN) Earnings

Oct 30
Little Excitement Around EVN AG's (VIE:EVN) Earnings

These 4 Measures Indicate That EVN (VIE:EVN) Is Using Debt Extensively

Oct 09
These 4 Measures Indicate That EVN (VIE:EVN) Is Using Debt Extensively

EVN (VIE:EVN) Shareholders Will Want The ROCE Trajectory To Continue

Aug 17
EVN (VIE:EVN) Shareholders Will Want The ROCE Trajectory To Continue

Shareholder Returns

EVNAT Electric UtilitiesAT Market
7D1.7%-0.8%1.2%
1Y-19.5%16.9%16.6%

Return vs Industry: EVN underperformed the Austrian Electric Utilities industry which returned 15.6% over the past year.

Return vs Market: EVN underperformed the Austrian Market which returned 15.8% over the past year.

Price Volatility

Is EVN's price volatile compared to industry and market?
EVN volatility
EVN Average Weekly Movement2.9%
Electric Utilities Industry Average Movement3.4%
Market Average Movement4.0%
10% most volatile stocks in AT Market5.9%
10% least volatile stocks in AT Market2.6%

Stable Share Price: EVN has not had significant price volatility in the past 3 months compared to the Austrian market.

Volatility Over Time: EVN's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19227,702Stefan Szyszkowitzwww.evn.at

EVN AG provides energy and environmental services in Austria, Bulgaria, North Macedonia, Croatia, Germany, and Albania. The company operates through Energy, Generation, Networks, South East Europe, Environmental, and All Other segments. It is involved in energy generation; operation of distribution networks; production and supply of electricity, natural gas, and heat to end customers, as well as investment activities.

EVN AG Fundamentals Summary

How do EVN's earnings and revenue compare to its market cap?
EVN fundamental statistics
Market cap€4.23b
Earnings (TTM)€521.10m
Revenue (TTM)€3.40b
8.1x
P/E Ratio
1.2x
P/S Ratio

Is EVN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EVN income statement (TTM)
Revenue€3.40b
Cost of Revenue€2.12b
Gross Profit€1.28b
Other Expenses€759.60m
Earnings€521.10m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 28, 2025

Earnings per share (EPS)2.92
Gross Margin37.65%
Net Profit Margin15.32%
Debt/Equity Ratio18.9%

How did EVN perform over the long term?

See historical performance and comparison

Dividends

3.8%
Current Dividend Yield
31%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/14 16:48
End of Day Share Price 2025/07/11 00:00
Earnings2025/03/31
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

EVN AG is covered by 13 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Peter CramptonBarclays
Andrew FisherBerenberg
Duncan ScottDeutsche Bank