ENN Energy Holdings Limited

DB:XGH Stock Report

Market Cap: €7.1b

ENN Energy Holdings Valuation

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

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: XGH (€6.1) is trading below our estimate of fair value (€17.74)

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

Key Valuation Metric

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

Key metric: As XGH is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for XGH. This is calculated by dividing XGH's market cap by their current earnings.
What is XGH's PE Ratio?
PE Ratio8.9x
EarningsCN¥6.06b
Market CapCN¥53.83b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for XGH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24x
EBK EnBW Energie Baden-Württemberg
28.3xn/a€17.0b
LEC Lechwerke
25.9xn/a€2.5b
MNV6 Mainova
33.7xn/a€1.9b
RWE RWE
8.2x-11.0%€23.0b
XGH ENN Energy Holdings
8.9x9.8%€57.8b

Price-To-Earnings vs Peers: XGH is good value based on its Price-To-Earnings Ratio (8.9x) compared to the peer average (24.1x).

Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
XGH 8.9xIndustry Avg. 14.2xNo. of Companies15PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: XGH is good value based on its Price-To-Earnings Ratio (8.9x) compared to the Global Gas Utilities industry average (14.2x).

Price to Earnings Ratio vs Fair Ratio

What is XGH'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.

XGH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.9x
Fair PE Ratio27x

Price-To-Earnings vs Fair Ratio: XGH is good value based on its Price-To-Earnings Ratio (8.9x) compared to the estimated Fair Price-To-Earnings Ratio (27x).

Analyst Price Targets

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

The above table shows the analyst XGH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€6.10
€8.26
+35.5%
9.0%€10.11€6.90n/a19
Nov ’25€6.05
€8.26
+36.6%
9.0%€10.11€6.90n/a19
Oct ’25€6.70
€7.89
+17.7%
7.1%€8.55€6.70n/a19
Sep ’25€6.20
€7.95
+28.3%
8.3%€9.21€6.76n/a19
Aug ’25€6.10
€8.71
+42.8%
9.9%€10.42€6.91n/a20
Jul ’25€7.40
€8.85
+19.6%
11.8%€11.40€6.49n/a21
Jun ’25€8.35
€8.81
+5.5%
12.0%€11.33€6.45n/a21
May ’25€8.30
€8.69
+4.7%
13.4%€11.48€6.54n/a20
Apr ’25€7.45
€8.71
+16.9%
15.1%€11.43€6.50n/a20
Mar ’25€7.35
€9.13
+24.2%
20.3%€12.11€6.31n/a20
Feb ’25€6.75
€9.15
+35.5%
20.8%€12.11€6.31n/a19
Jan ’25€6.35
€9.12
+43.6%
20.6%€11.98€5.87n/a19
Dec ’24€5.95
€10.03
+68.6%
24.5%€15.32€5.90n/a18
Nov ’24€7.05
€10.49
+48.8%
23.2%€15.36€5.92€6.0518
Oct ’24€7.60
€11.31
+48.8%
17.0%€15.26€7.78€6.7018
Sep ’24€6.90
€11.56
+67.6%
16.5%€15.21€7.72€6.2018
Aug ’24€10.50
€14.18
+35.1%
12.1%€16.67€10.28€6.1018
Jul ’24€11.20
€14.42
+28.8%
11.8%€16.78€10.21€7.4019
Jun ’24€11.10
€14.76
+33.0%
13.1%€17.15€9.27€8.3519
May ’24€12.10
€14.66
+21.1%
13.3%€17.27€9.26€8.3019
Apr ’24€12.27
€14.82
+20.8%
14.1%€17.58€9.41€7.4519
Mar ’24€13.42
€15.34
+14.3%
15.0%€18.74€9.16€7.3518
Feb ’24€13.83
€15.00
+8.4%
15.3%€17.66€9.09€6.7518
Jan ’24€12.97
€14.55
+12.2%
17.1%€18.18€9.03€6.3518
Dec ’23€12.76
€15.00
+17.6%
18.2%€19.62€9.09€5.9518
Nov ’23€10.70
€15.48
+44.7%
19.2%€20.04€9.29€7.0517

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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