S.N. Nuclearelectrica S.A.

BVB:SNN Stock Report

Market Cap: RON 12.9b

S.N. Nuclearelectrica Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 SNN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SNN (RON42.6) is trading below our estimate of fair value (RON45.63)

Significantly Below Fair Value: SNN is trading below fair value, but not by a significant amount.


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SNN. This is calculated by dividing SNN's market cap by their current earnings.
What is SNN's PE Ratio?
PE Ratio6.4x
EarningsRON 2.02b
Market CapRON 12.85b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SNN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.3x
EL Societatea Energetica Electrica
7x-12.3%RON 4.3b
TEL CNTEE Transelectrica
9.8xn/aRON 3.1b
TGN S.N.T.G.N. Transgaz
16.5xn/aRON 4.5b
CESC CESC
16.1x13.4%₹226.8b
SNN S.N. Nuclearelectrica
6.4x-23.6%RON 12.9b

Price-To-Earnings vs Peers: SNN is good value based on its Price-To-Earnings Ratio (6.4x) compared to the peer average (12.3x).


Price to Earnings Ratio vs Industry

How does SNN's PE Ratio compare vs other companies in the European Electric Utilities Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SNN 6.4xIndustry Avg. 12.8xNo. of Companies10PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SNN is good value based on its Price-To-Earnings Ratio (6.4x) compared to the European Electric Utilities industry average (12.8x).


Price to Earnings Ratio vs Fair Ratio

What is SNN'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.

SNN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.4x
Fair PE Ratio6.4x

Price-To-Earnings vs Fair Ratio: SNN is good value based on its Price-To-Earnings Ratio (6.4x) compared to the estimated Fair Price-To-Earnings Ratio (6.4x).


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 SNN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRON 42.60
RON 47.21
+10.8%
11.5%RON 52.00RON 38.10n/a4
Nov ’25RON 43.00
RON 46.90
+9.1%
13.3%RON 52.00RON 38.10n/a3
Oct ’25RON 42.35
RON 46.90
+10.7%
13.3%RON 52.00RON 38.10n/a3
Sep ’25RON 44.50
RON 49.53
+11.3%
5.2%RON 52.00RON 46.00n/a3
Aug ’25RON 46.30
RON 49.53
+7.0%
5.2%RON 52.00RON 46.00n/a3
Jul ’25RON 45.30
RON 49.53
+9.3%
5.2%RON 52.00RON 46.00n/a3
Jun ’25RON 46.20
RON 49.78
+7.7%
4.5%RON 52.00RON 46.00n/a4
May ’25RON 49.20
RON 49.03
-0.3%
4.4%RON 50.60RON 46.00n/a3
Apr ’25RON 49.00
RON 49.03
+0.07%
4.4%RON 50.60RON 46.00n/a3
Mar ’25RON 47.80
RON 49.03
+2.6%
4.4%RON 50.60RON 46.00n/a3
Feb ’25RON 49.30
RON 49.03
-0.5%
4.4%RON 50.60RON 46.00n/a3
Jan ’25RON 49.10
RON 50.55
+3.0%
0.1%RON 50.60RON 50.50n/a2
Dec ’24RON 47.55
RON 50.55
+6.3%
0.1%RON 50.60RON 50.50n/a2
Nov ’24RON 45.65
RON 50.55
+10.7%
0.1%RON 50.60RON 50.50RON 43.002
Oct ’24RON 48.80
RON 50.55
+3.6%
0.1%RON 50.60RON 50.50RON 42.352
Dec ’23RON 42.45
RON 56.45
+33.0%
2.2%RON 57.70RON 55.20RON 47.552
Nov ’23RON 39.95
RON 56.45
+41.3%
2.2%RON 57.70RON 55.20RON 45.652

Analyst Forecast: Target price is less than 20% higher than the current share price.


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