S.N. Nuclearelectrica S.A.

BVB:SNN Stock Report

Market Cap: RON 21.0b

S.N. Nuclearelectrica Past Earnings Performance

Past criteria checks 5/6

S.N. Nuclearelectrica has been growing earnings at an average annual rate of 11.4%, while the Electric Utilities industry saw earnings growing at 15.3% annually. Revenues have been growing at an average rate of 10.1% per year. S.N. Nuclearelectrica's return on equity is 15.9%, and it has net margins of 45.3%.

Key information

11.36%

Earnings growth rate

11.36%

EPS growth rate

Electric Utilities Industry Growth7.32%
Revenue growth rate10.14%
Return on equity15.93%
Net Margin45.27%
Next Earnings Update14 Aug 2026

Recent past performance updates

Recent updates

Narrative Update Jun 02

SNN: Future Dividend Commitments Will Restrain Scope For Share Price Rerating

Analysts kept their RON 49.00 price target for S.N. Nuclearelectrica unchanged, citing a lower projected profit margin and a higher future P/E assumption, which are broadly offset by a slightly softer revenue outlook and a steady discount rate. Analyst Commentary Recent street research on other European stocks, including coverage changes, target tweaks and list additions, helps frame how analysts are thinking about valuation, execution and growth risk.
Narrative Update May 08

SNN: Future Dividend Schedule Will Limit Scope For Share Price Rerating

Narrative Update Analysts have kept the fair value estimate for S.N. Nuclearelectrica steady at RON 49.00 per share, with updated modeling showing only minor adjustments to the discount rate and future P/E assumptions as they refine their rationale. Analyst Commentary Analysts covering S.N. Nuclearelectrica are using the reaffirmed RON 49.00 fair value estimate as an anchor while adjusting some of the underlying valuation inputs.
Narrative Update Apr 22

SNN: Future Dividend Timing Will Restrict Share Price Upside Potential

For S.N. Nuclearelectrica, the analyst fair value target is held at RON 49.00, with analysts broadly reaffirming their assumptions on discount rate, expected revenue trends, profit margins and future P/E as the basis for this unchanged view. Analyst Commentary Recent Street research activity has focused on pricing and valuation work for another listed healthcare name rather than S.N. Nuclearelectrica directly.
Narrative Update Apr 08

SNN: Unchanged Fair Value And 2026 Dividend Timing Will Limit Upside

Analysts have kept their RON 49.00 price target for S.N. Nuclearelectrica unchanged, citing consistent assumptions on fair value, discount rate, revenue outlook, profit margins, and future P/E as the basis for maintaining their view. Analyst Commentary Recent Street research on other listed companies highlights several themes around valuation discipline, execution risk, and growth that are also relevant when thinking about S.N. Nuclearelectrica and its unchanged RON 49.00 price target.
Narrative Update Mar 25

SNN: Unchanged Fair Value And 2026 EGMS Calendar Will Restrain Upside

Analysts keep S.N. Nuclearelectrica's fair value estimate steady at RON 49.00, reflecting unchanged assumptions on the discount rate, revenue trend, profit margin, and forward P/E, while they reassess the stock against updated peer price target revisions in the wider market. Analyst Commentary Recent Street research on Smith & Nephew provides a useful reference point for how equity research teams are thinking about valuation resets, execution risk, and growth assumptions, even though these notes are on a different company.
Narrative Update Mar 07

SNN: Slight P/E Reset And Upcoming EGMS Dates Will Weigh On Returns

Analysts now set their fair value estimate for S.N. Nuclearelectrica at RON49.0, slightly below the prior RON49.53, reflecting an unchanged discount rate and operating assumptions, but a modest recalibration of the forward P/E ratio. Analyst Commentary Analysts have refined their views on S.N. Nuclearelectrica around relatively small valuation adjustments, with the fair value estimate moving slightly while core assumptions stay intact.
Narrative Update Feb 20

SNN: Elevated Future P/E And EGMS Timing Will Pressure Returns

Analysts now set their price target for S.N. Nuclearelectrica at RON 49.53, up from RON 45.93, reflecting updated views on fair value and a slightly higher assumed future P/E multiple. What's in the News An Extraordinary General Meeting is scheduled for Feb 12, 2026, at 10:00 E.
Narrative Update Feb 05

SNN: Elevated P/E And Upcoming Extraordinary Meetings Will Pressure Returns

Analysts have kept their fair value estimate for S.N. Nuclearelectrica steady at €45.93 per share. The slight adjustments to the discount rate and future P/E assumptions reflect refined views on the company’s risk profile and profitability rather than a change in overall price target direction.
New Narrative Jan 28

Unit 1 Refurbishment And SMR Projects Will Reshape Long Term Nuclear Capacity

Catalysts About S.N. Nuclearelectrica S.N. Nuclearelectrica is a Romanian nuclear power producer with operations centered on Cernavoda and related nuclear projects. What are the underlying business or industry changes driving this perspective?
Analysis Article Jan 22

We Think S.N. Nuclearelectrica (BVB:SNN) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Narrative Update Jan 21

SNN: Rich P/E And Extraordinary Meetings Will Pressure Future Returns

Analysts have nudged their fair value estimate for S.N. Nuclearelectrica from €45.55 to about €45.93 per share, pointing to updated assumptions around slightly softer revenue contraction, a far higher profit margin profile near 28% and a much lower future P/E multiple of roughly 22x compared with a previously implied level above 100x. What's in the News S.N. Nuclearelectrica has scheduled a special or extraordinary shareholders meeting for Nov 20, 2025, at 11:00 Eastern Europe Standard Time at its headquarters on Iancu de Hunedoara Boulevard 48, District 1, Bucharest, conference room 01.01, Romania (Key Developments).
Narrative Update Jan 06

SNN: Future Earnings Weakness Will Challenge High P/E And Compressed Margins

Analysts have lifted their price target for S.N. Nuclearelectrica, highlighting an unchanged fair value of 45.55, a steady discount rate of 12.428%, and consistent assumptions for revenue trends, profit margin, and future P/E as the basis for their updated view. Analyst Commentary Bullish Takeaways Bullish analysts see the reaffirmed fair value of 45.55 and steady discount rate of 12.428% as a sign that their valuation framework for S.N. Nuclearelectrica remains intact, even as price targets are adjusted.
Analysis Article Dec 31

Little Excitement Around S.N. Nuclearelectrica S.A.'s (BVB:SNN) Earnings

S.N. Nuclearelectrica S.A.'s ( BVB:SNN ) price-to-earnings (or "P/E") ratio of 8.3x might make it look like a buy right...
Narrative Update Dec 20

SNN: Future Earnings Misses Will Expose Fragile Profitability And Stretched Multiple

Analysts have moderately raised their price target on S.N. Nuclearelectrica, citing improved confidence in the company’s earnings trajectory and profitability profile, despite largely unchanged fair value and discount rate assumptions. Analyst Commentary Recent Street research on comparable names in the broader healthcare and infrastructure space offers useful context for how investors may be thinking about S.N. Nuclearelectrica's risk reward balance, especially around valuation resets following periods of strong share price performance.
Analysis Article Dec 10

Returns On Capital Are Showing Encouraging Signs At S.N. Nuclearelectrica (BVB:SNN)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Narrative Update Dec 06

SNN: Richer Earnings Multiple Will Clash With Weakening Profitability Ahead

Analysts have nudged their fair value estimate for S.N. Nuclearelectrica higher to RON 45.55 from RON 44.30, citing a richer long term earnings multiple despite moderating revenue expectations and a notably lower projected profit margin. Analyst Commentary Analysts emphasize that the latest fair value revision for S.N. Nuclearelectrica reflects a nuanced balance between long term growth prospects and nearer term execution risks, rather than a simple upgrade in the earnings outlook.
Analysis Article Oct 03

Is S.N. Nuclearelectrica (BVB:SNN) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Sep 12

Lacklustre Performance Is Driving S.N. Nuclearelectrica S.A.'s (BVB:SNN) Low P/E

When close to half the companies in Romania have price-to-earnings ratios (or "P/E's") above 16x, you may consider S.N...
Analysis Article Jul 29

Is S.N. Nuclearelectrica S.A. (BVB:SNN) Worth RON46.0 Based On Its Intrinsic Value?

Key Insights The projected fair value for S.N. Nuclearelectrica is RON35.77 based on Dividend Discount Model S.N...
Analysis Article May 02

Improved Earnings Required Before S.N. Nuclearelectrica S.A. (BVB:SNN) Shares Find Their Feet

S.N. Nuclearelectrica S.A.'s ( BVB:SNN ) price-to-earnings (or "P/E") ratio of 7.2x might make it look like a strong...
Analysis Article Apr 07

S.N. Nuclearelectrica's (BVB:SNN) Dividend Is Being Reduced To RON2.7

The board of S.N. Nuclearelectrica S.A. ( BVB:SNN ) has announced it will be reducing its dividend by 27% from last...
Analysis Article Mar 21

S.N. Nuclearelectrica's (BVB:SNN) Shareholders Will Receive A Smaller Dividend Than Last Year

S.N. Nuclearelectrica S.A. ( BVB:SNN ) has announced it will be reducing its dividend payable on the 24th of June to...
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New Narrative Feb 10

Investments In Small Modular Reactors Will Increase Financial Risk And Pressure Cash Flows

Investments in reactors and refurbishment projects could strain cash flow, elevating financial risk and impacting short-term net profit.
Analysis Article Jan 14

Returns On Capital Are Showing Encouraging Signs At S.N. Nuclearelectrica (BVB:SNN)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Analysis Article Nov 09

S.N. Nuclearelectrica S.A.'s (BVB:SNN) Share Price Is Matching Sentiment Around Its Earnings

S.N. Nuclearelectrica S.A.'s ( BVB:SNN ) price-to-earnings (or "P/E") ratio of 6.6x might make it look like a strong...
Analysis Article Sep 25

Are Investors Undervaluing S.N. Nuclearelectrica S.A. (BVB:SNN) By 30%?

Key Insights The projected fair value for S.N. Nuclearelectrica is RON60.90 based on Dividend Discount Model S.N...
Analysis Article Sep 03

S.N. Nuclearelectrica (BVB:SNN) Is Looking To Continue Growing Its Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Analysis Article Jul 16

The Market Doesn't Like What It Sees From S.N. Nuclearelectrica S.A.'s (BVB:SNN) Earnings Yet

S.N. Nuclearelectrica S.A.'s ( BVB:SNN ) price-to-earnings (or "P/E") ratio of 5.6x might make it look like a strong...
Analysis Article Jun 13

Estimating The Intrinsic Value Of S.N. Nuclearelectrica S.A. (BVB:SNN)

Key Insights S.N. Nuclearelectrica's estimated fair value is RON52.98 based on Dividend Discount Model S.N...
Analysis Article Apr 30

S.N. Nuclearelectrica (BVB:SNN) Is Achieving High Returns On Its Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Mar 01

Estimating The Fair Value Of S.N. Nuclearelectrica S.A. (BVB:SNN)

Key Insights The projected fair value for S.N. Nuclearelectrica is RON57.41 based on Dividend Discount Model Current...
Analysis Article Dec 26

Benign Growth For S.N. Nuclearelectrica S.A. (BVB:SNN) Underpins Its Share Price

S.N. Nuclearelectrica S.A.'s ( BVB:SNN ) price-to-earnings (or "P/E") ratio of 5.2x might make it look like a strong...
Analysis Article Dec 08

Why The 26% Return On Capital At S.N. Nuclearelectrica (BVB:SNN) Should Have Your Attention

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Oct 25

Calculating The Fair Value Of S.N. Nuclearelectrica S.A. (BVB:SNN)

Key Insights Using the Dividend Discount Model, S.N. Nuclearelectrica fair value estimate is RON51.89 With RON46.70...
Analysis Article Sep 14

Is S.N. Nuclearelectrica (BVB:SNN) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Jul 27

We Think S.N. Nuclearelectrica (BVB:SNN) Might Have The DNA Of A Multi-Bagger

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Jun 01

These 4 Measures Indicate That S.N. Nuclearelectrica (BVB:SNN) Is Using Debt Safely

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 03

S.N. Nuclearelectrica (BVB:SNN) Has A Rock Solid Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 29

We Like S.N. Nuclearelectrica's (BVB:SNN) Returns And Here's How They're Trending

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analysis Article Nov 11

S.N. Nuclearelectrica (BVB:SNN) Seems To Use Debt Rather Sparingly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Sep 17

Are Investors Undervaluing S.N. Nuclearelectrica S.A. (BVB:SNN) By 48%?

How far off is S.N. Nuclearelectrica S.A. ( BVB:SNN ) from its intrinsic value? Using the most recent financial data...
Analysis Article Jul 28

Returns On Capital Are Showing Encouraging Signs At S.N. Nuclearelectrica (BVB:SNN)

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Analysis Article Jun 28

S.N. Nuclearelectrica (BVB:SNN) Could Easily Take On More Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Apr 28

Is There An Opportunity With S.N. Nuclearelectrica S.A.'s (BVB:SNN) 46% Undervaluation?

Today we will run through one way of estimating the intrinsic value of S.N. Nuclearelectrica S.A. ( BVB:SNN ) by taking...

Revenue & Expenses Breakdown

How S.N. Nuclearelectrica makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BVB:SNN Revenue, expenses and earnings (RON Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 265,9012,6718500
31 Dec 255,8042,3428430
30 Sep 255,6352,0018690
30 Jun 255,4901,7008380
31 Mar 255,1411,6618230
31 Dec 244,8321,6898340
30 Sep 245,3201,8658090
30 Jun 245,9272,0198660
31 Mar 246,9112,3958340
31 Dec 237,6002,4867960
30 Sep 237,3452,6567070
30 Jun 237,0912,8266180
31 Mar 236,7662,7945900
31 Dec 226,4402,7625610
30 Sep 225,6572,3165280
30 Jun 224,8741,8704960
31 Mar 223,9951,4534700
31 Dec 213,1171,0364440
30 Sep 212,9028894300
30 Jun 212,6887414160
31 Mar 212,5877204280
31 Dec 202,4856994400
30 Sep 202,4296444250
30 Jun 202,3725884100
31 Mar 202,3875624180
31 Dec 192,4015364260
30 Sep 192,3835274220
30 Jun 192,3645194180
31 Mar 192,2544654030
31 Dec 182,1454113890
30 Sep 182,0743713850
30 Jun 182,0033323810
31 Mar 181,9503193530
31 Dec 171,8973073250
30 Sep 171,8472873150
30 Jun 171,7972673060
31 Mar 171,7301893030
31 Dec 161,6631122990
30 Sep 161,6561293020
30 Jun 161,6501473050
31 Mar 161,7081473040
31 Dec 151,7661473020
30 Sep 151,7841333000
30 Jun 151,8031192980

Quality Earnings: SNN has high quality earnings.

Growing Profit Margin: SNN's current net profit margins (45.3%) are higher than last year (32.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SNN's earnings have grown by 11.4% per year over the past 5 years.

Accelerating Growth: SNN's earnings growth over the past year (60.8%) exceeds its 5-year average (11.4% per year).

Earnings vs Industry: SNN earnings growth over the past year (60.8%) exceeded the Electric Utilities industry 1.4%.


Return on Equity

High ROE: SNN's Return on Equity (15.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/10 21:48
End of Day Share Price 2026/06/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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.

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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

S.N. Nuclearelectrica S.A. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Henning EsskuchenErste Group Bank AG
Caius RapanuErste Group Bank AG
Robert MajIpopema Securities S.A.