How does I6B's PE Ratio compare to its peers?

I6B is good value based on its Price-To-Earnings Ratio (11.7x) compared to the peer average (30.7x).

How does I6B's PE Ratio compare vs other companies in the European Renewable Energy Industry?

I6B is good value based on its Price-To-Earnings Ratio (11.7x) compared to the European Renewable Energy industry average (15.6x).

What is I6B's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate I6B's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of I6B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

I6B (€2.55) is trading below our estimate of [[fair value]] (€9.09)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

I6B Stock Overview

Engages in the renewable energy production business. More details

I6B fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	2/6
Financial Health	2/6
Dividends	2/6

Rewards

Trading at 71.9% below our estimate of its fair value

Earnings are forecast to grow 5.82% per year

Risk Analysis

Debt is not well covered by operating cash flow

High level of non-cash earnings

Shares are highly illiquid

Dividend of 3.83% is not well covered by free cash flows

My Notes

Capture your thoughts, links and company narrative

Enefit Green AS Competitors

7C Solarparken

XTRA:HRPK

€152.8m

clearvise

XTRA:ABO

€123.2m

ABO Energy GmbH KGaA

XTRA:AB9

€322.7m

Mainova

DB:MNV6

€1.9b

Price History & Performance

Summary of share price highs, lows and changes for Enefit Green
Historical stock prices
Current Share Price	€2.55
52 Week High	€3.71
52 Week Low	€2.55
Beta	0.035
1 Month Change	-2.15%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-38.77%

Recent updates

Shareholder Returns

	I6B	DE Renewable Energy	DE Market
7D	0%	-1.7%	-2.0%
1Y	n/a	-30.0%	6.9%

Return vs Industry: Insufficient data to determine how I6B performed against the German Renewable Energy industry.

Return vs Market: Insufficient data to determine how I6B performed against the German Market.

Price Volatility

Is I6B's price volatile compared to industry and market?
I6B volatility
I6B Average Weekly Movement	n/a
Renewable Energy Industry Average Movement	3.5%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.3%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: I6B's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine I6B's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2005	181	Juhan Aguraiuja	enefitgreen.ee

Enefit Green AS engages in the renewable energy production business. It operates through Wind Energy, Cogeneration, Solar energy, and Other segments. The company produces electricity primarily from wind, hydro, solar, municipal waste, and biomass.

Enefit Green AS Fundamentals Summary

How do Enefit Green's earnings and revenue compare to its market cap?
I6B fundamental statistics
Market cap	€724.12m
Earnings (TTM)	€61.94m
Revenue (TTM)	€204.58m

11.7x

P/E Ratio

3.5x

P/S Ratio

Is I6B overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
I6B income statement (TTM)
Revenue	€204.58m
Cost of Revenue	€88.01m
Gross Profit	€116.56m
Other Expenses	€54.63m
Earnings	€61.94m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.23
Gross Margin	56.98%
Net Profit Margin	30.28%
Debt/Equity Ratio	93.5%

How did I6B perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

45%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 04:30
End of Day Share Price	2024/11/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Enefit Green AS is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Piotr Dzieciolowski	Citigroup Inc
Petr Bartek	Erste Group Bank AG
Pasi Väisänen	Nordea Markets