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EOAN

E.ON XTRA:EOAN Stock Report

Last Price

€9.41

Market Cap

€20.2b

7D

7.0%

1Y

-12.9%

Updated

13 Aug, 2022

Data

Company Financials +
EOAN fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends3/6

EOAN Stock Overview

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, Belgium, rest of Europe, and internationally.

E.ON Competitors

Price History & Performance

Summary of all time highs, changes and price drops for E.ON
Historical stock prices
Current Share Price€9.41
52 Week High€12.54
52 Week Low€7.72
Beta0.54
1 Month Change18.46%
3 Month Change-4.91%
1 Year Change-12.86%
3 Year Change13.53%
5 Year Change-2.21%
Change since IPO58.40%

Recent News & Updates

Jun 03
E.ON SE's (ETR:EOAN) Earnings Are Not Doing Enough For Some Investors

E.ON SE's (ETR:EOAN) Earnings Are Not Doing Enough For Some Investors

E.ON SE's ( ETR:EOAN ) price-to-earnings (or "P/E") ratio of 5.2x might make it look like a strong buy right now...

Shareholder Returns

EOANDE Integrated UtilitiesDE Market
7D7.0%2.8%1.0%
1Y-12.9%1.7%-20.4%

Return vs Industry: EOAN underperformed the German Integrated Utilities industry which returned 1.7% over the past year.

Return vs Market: EOAN exceeded the German Market which returned -20.4% over the past year.

Price Volatility

Is EOAN's price volatile compared to industry and market?
EOAN volatility
EOAN Average Weekly Movement4.5%
Integrated Utilities Industry Average Movement4.9%
Market Average Movement5.6%
10% most volatile stocks in DE Market10.2%
10% least volatile stocks in DE Market2.7%

Stable Share Price: EOAN is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: EOAN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192367,634Leo Birnbaumhttps://www.eon.com

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, Belgium, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.

E.ON Fundamentals Summary

How do E.ON's earnings and revenue compare to its market cap?
EOAN fundamental statistics
Market Cap€20.20b
Earnings (TTM)€4.72b
Revenue (TTM)€89.26b

4.3x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EOAN income statement (TTM)
Revenue€89.26b
Cost of Revenue€100.01b
Gross Profit-€10.75b
Other Expenses-€15.47b
Earnings€4.72b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Nov 09, 2022

Earnings per share (EPS)2.20
Gross Margin-12.05%
Net Profit Margin5.29%
Debt/Equity Ratio191.5%

How did EOAN perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

27%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is EOAN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EOAN?

Other financial metrics that can be useful for relative valuation.

EOAN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA-3.5x
PEG Ratio-14.6x

Price to Earnings Ratio vs Peers

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

EOAN PE Ratio vs Peers
The above table shows the PE ratio for EOAN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average32.7x
WWG Gelsenwasser
40xn/a€4.6b
MNV6 Mainova
8.6xn/a€3.1b
MVV1 MVV Energie
61.2xn/a€2.2b
RWE RWE
21x-12.0%€28.8b
EOAN E.ON
4.3x-0.3%€20.2b

Price-To-Earnings vs Peers: EOAN is good value based on its Price-To-Earnings Ratio (4.3x) compared to the peer average (32.7x).


Price to Earnings Ratio vs Industry

How does EOAN's PE Ratio compare vs other companies in the Global Integrated Utilities Industry?

Price-To-Earnings vs Industry: EOAN is good value based on its Price-To-Earnings Ratio (4.3x) compared to the European Integrated Utilities industry average (17.1x)


Price to Earnings Ratio vs Fair Ratio

What is EOAN'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.

EOAN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.3x
Fair PE Ratio23.5x

Price-To-Earnings vs Fair Ratio: EOAN is good value based on its Price-To-Earnings Ratio (4.3x) compared to the estimated Fair Price-To-Earnings Ratio (23.5x).


Share Price vs Fair Value

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

Below Fair Value: EOAN (€9.41) is trading below our estimate of fair value (€14.48)

Significantly Below Fair Value: EOAN is trading below fair value by more than 20%.


Analyst Price Targets

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

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Future Growth

How is E.ON forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-0.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EOAN's earnings are forecast to decline over the next 3 years (-0.3% per year).

Earnings vs Market: EOAN's earnings are forecast to decline over the next 3 years (-0.3% per year).

High Growth Earnings: EOAN's earnings are forecast to decline over the next 3 years.

Revenue vs Market: EOAN's revenue is expected to decline over the next 3 years (-0.7% per year).

High Growth Revenue: EOAN's revenue is forecast to decline over the next 3 years (-0.7% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EOAN's Return on Equity is forecast to be low in 3 years time (14.3%).


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Past Performance

How has E.ON performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-13.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EOAN has high quality earnings.

Growing Profit Margin: EOAN's current net profit margins (5.3%) are higher than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: EOAN's earnings have declined by 13.3% per year over the past 5 years.

Accelerating Growth: EOAN's earnings growth over the past year (113.9%) exceeds its 5-year average (-13.3% per year).

Earnings vs Industry: EOAN earnings growth over the past year (113.9%) exceeded the Integrated Utilities industry 0.7%.


Return on Equity

High ROE: Whilst EOAN's Return on Equity (25.77%) is high, this metric is skewed due to their high level of debt.


Discover strong past performing companies

Financial Health

How is E.ON's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: EOAN's short term assets (€53.0B) exceed its short term liabilities (€50.8B).

Long Term Liabilities: EOAN's short term assets (€53.0B) do not cover its long term liabilities (€67.7B).


Debt to Equity History and Analysis

Debt Level: EOAN's net debt to equity ratio (151.5%) is considered high.

Reducing Debt: EOAN's debt to equity ratio has reduced from 379.5% to 191.5% over the past 5 years.

Debt Coverage: EOAN's debt is not well covered by operating cash flow (10.3%).

Interest Coverage: Insufficient data to determine if EOAN's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is E.ON current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


5.21%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: EOAN's dividend (5.21%) is higher than the bottom 25% of dividend payers in the German market (1.46%).

High Dividend: EOAN's dividend (5.21%) is in the top 25% of dividend payers in the German market (4.5%)


Stability and Growth of Payments

Stable Dividend: EOAN's dividend payments have been volatile in the past 10 years.

Growing Dividend: EOAN's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (27.1%), EOAN's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: EOAN is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.9yrs

Average management tenure


CEO

Leo Birnbaum (55 yo)

9.08yrs

Tenure

€4,485,000

Compensation

Dr. Ing. Leonhard Birnbaum, also known as Leo, has been Chief Executive Officer and Chairman of Management Board at E.ON SE since April 1, 2021. He has been Member of the Management Board at E.ON SE since...


CEO Compensation Analysis

Compensation vs Market: Leo's total compensation ($USD4.60M) is about average for companies of similar size in the German market ($USD5.56M).

Compensation vs Earnings: Leo's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: EOAN's management team is considered experienced (4.9 years average tenure).


Board Members

Experienced Board: EOAN's board of directors are considered experienced (6.2 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

E.ON SE's employee growth, exchange listings and data sources


Key Information

  • Name: E.ON SE
  • Ticker: EOAN
  • Exchange: XTRA
  • Founded: 1923
  • Industry: Multi-Utilities
  • Sector: Utilities
  • Implied Market Cap: €20.204b
  • Shares outstanding: 2.15b
  • Website: https://www.eon.com

Number of Employees


Location

  • E.ON SE
  • Brüsseler Platz 1
  • Essen
  • North Rhine-Westphalia
  • 45131
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/13 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.