| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
CEZ Overview
CEZ, a. s., an electricity generation company, engages in the production, distribution, trade, and sale of electricity and heat in Western, Central, and Southeastern Europe.
CEZ a. s Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | Kč733.00 |
| 52 Week High | Kč439.50 |
| 52 Week Low | Kč837.00 |
| Beta | 0.52 |
| 1 Month Change | 5.01% |
| 3 Month Change | 23.82% |
| 1 Year Change | 66.78% |
| 3 Year Change | 39.62% |
| 5 Year Change | 56.93% |
| Change since IPO | 601.13% |
Recent News & Updates
CEZ a. s (SEP:CEZ) Has A Somewhat Strained Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
CEZ, a. s.'s (SEP:CEZ) Intrinsic Value Is Potentially 76% Above Its Share Price
How far off is CEZ, a. s. ( SEP:CEZ ) from its intrinsic value? Using the most recent financial data, we'll take a look...
CEZ a. s' (SEP:CEZ) Shareholders Will Receive A Bigger Dividend Than Last Year
The board of CEZ, a. s. ( SEP:CEZ ) has announced that the dividend on 2nd of August will be increased to Kč52.00...
Shareholder Returns
| CEZ | CZ Electric Utilities | CZ Market | |
|---|---|---|---|
| 7D | -5.1% | 2.1% | -4.0% |
| 1Y | 66.8% | 11.9% | 56.9% |
Return vs Industry: CEZ exceeded the CZ Electric Utilities industry which returned 12.5% over the past year.
Return vs Market: CEZ exceeded the CZ Market which returned 57.9% over the past year.
Price Volatility
| CEZ volatility | |
|---|---|
| CEZ Beta | 0.52 |
| Industry Beta | 0.68 |
| Market Beta | 1 |
Stable Share Price: CEZ is not significantly more volatile than the rest of CZ stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CEZ's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | 30,700 | Daniel Beneš | https://www.cez.cz |
CEZ, a. s., an electricity generation company, engages in the production, distribution, trade, and sale of electricity and heat in Western, Central, and Southeastern Europe. The company operates through six segments: Generation-Traditional Energy, Generation-New Energy, Distribution, Sales, Mining, and Support Services. It operates two nuclear plants, sixteen hydroelectric plants, one combined cycle gas turbine plant, and eight fossil fuel plants in the Czech Republic.
CEZ a. s Fundamentals Summary
| CEZ fundamental statistics | |
|---|---|
| Market Cap | Kč392.50b |
| Earnings (TTM) | -Kč7.57b |
| Revenue (TTM) | Kč212.17b |
1.8x
P/S Ratio-51.9x
P/E RatioIs CEZ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CEZ income statement (TTM) | |
|---|---|
| Revenue | Kč212.17b |
| Cost of Revenue | Kč117.97b |
| Gross Profit | Kč94.20b |
| Expenses | Kč101.77b |
| Earnings | -Kč7.57b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 09, 2021
| Earnings per share (EPS) | -14.13 |
| Gross Margin | 44.40% |
| Net Profit Margin | -3.57% |
| Debt/Equity Ratio | 64.3% |
How did CEZ perform over the long term?
See historical performance and comparisonDividends
7.1%
Current Dividend Yield-367%
Payout RatioValuation
Is CEZ a. s undervalued compared to its fair value and its price relative to the market?
44.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CEZ (CZK733) is trading below our estimate of fair value (CZK1310.05)
Significantly Below Fair Value: CEZ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CEZ is unprofitable, so we can't compare its PE Ratio to the European Electric Utilities industry average.
PE vs Market: CEZ is unprofitable, so we can't compare its PE Ratio to the CZ market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CEZ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CEZ is overvalued based on its PB Ratio (2x) compared to the XE Electric Utilities industry average (1.1x).
Future Growth
How is CEZ a. s forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
22.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CEZ is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.4%).
Earnings vs Market: CEZ is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CEZ's is expected to become profitable in the next 3 years.
Revenue vs Market: CEZ's revenue (2.4% per year) is forecast to grow slower than the CZ market (4.2% per year).
High Growth Revenue: CEZ's revenue (2.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CEZ's Return on Equity is forecast to be low in 3 years time (11.4%).
Past Performance
How has CEZ a. s performed over the past 5 years?
-19.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CEZ is currently unprofitable.
Growing Profit Margin: CEZ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CEZ is unprofitable, and losses have increased over the past 5 years at a rate of 19.2% per year.
Accelerating Growth: Unable to compare CEZ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CEZ is unprofitable, making it difficult to compare its past year earnings growth to the Electric Utilities industry (22.6%).
Return on Equity
High ROE: CEZ has a negative Return on Equity (-3.72%), as it is currently unprofitable.
Financial Health
How is CEZ a. s's financial position?
Financial Position Analysis
Short Term Liabilities: CEZ's short term assets (CZK390.3B) do not cover its short term liabilities (CZK395.5B).
Long Term Liabilities: CEZ's short term assets (CZK390.3B) exceed its long term liabilities (CZK242.8B).
Debt to Equity History and Analysis
Debt Level: CEZ's debt to equity ratio (64.3%) is considered high.
Reducing Debt: CEZ's debt to equity ratio has increased from 61.3% to 64.3% over the past 5 years.
Debt Coverage: CEZ's debt is well covered by operating cash flow (48.8%).
Interest Coverage: CEZ's interest payments on its debt are well covered by EBIT (6.3x coverage).
Balance Sheet
Dividend
What is CEZ a. s's current dividend yield, its reliability and sustainability?
7.09%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CEZ's dividend (7.09%) is higher than the bottom 25% of dividend payers in the CZ market (3.06%).
High Dividend: CEZ's dividend (7.09%) is in the top 25% of dividend payers in the CZ market (6.05%)
Stability and Growth of Payments
Stable Dividend: CEZ's dividend payments have been volatile in the past 10 years.
Growing Dividend: CEZ's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: CEZ is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: CEZ's dividends in 3 years are not forecast to be well covered by earnings (91.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
12.9yrs
Average management tenure
CEO
Daniel Beneš (51 yo)
10.08yrs
Tenure
Engineer Daniel Beneš, MBA, has been the Chairman and Chief Executive Officer of CEZ, a.s. since September 15, 2011. Engineer Beneš served as the Chief Administration Officer of CEZ, a. s. and as its Chief...
Leadership Team
Experienced Management: CEZ's management team is seasoned and experienced (12.9 years average tenure).
Board Members
Experienced Board: CEZ's board of directors are considered experienced (4.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
CEZ, a. s.'s employee growth, exchange listings and data sources
Key Information
- Name: CEZ, a. s.
- Ticker: CEZ
- Exchange: SEP
- Founded: 1992
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: Kč392.502b
- Shares outstanding: 535.47m
- Website: https://www.cez.cz
Number of Employees
Location
- CEZ, a. s.
- DuhovA 2/1444
- Praha 4
- Prague
- 140 53
- Czech Republic
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/22 21:00 |
| End of Day Share Price | 2021/10/22 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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 here.