Valuation E.D.F.

Equities

Real-time Euronext Paris Other stock markets 11:35:10 2023-05-17 am EDT			5-day change	1st Jan Change
12.00 ^EUR	-.--%		-.--%	-.--%

Jan. 03	Recovery in the utilities sector takes hold – focus on AI power requirements	DP
Nov. 20	Electricité de France S.A. completed the acquisition of Two battery storage systems in South Africa from ABO Energy GmbH & Co. KGaA.	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2018	2019	2020	2021	2022	2023
Capitalization ¹	41,494	30,776	39,911	33,447	44,829	48,001
Change	-	-25.83%	29.68%	-16.2%	34.03%	7.07%
Enterprise Value (EV) ¹	70,148	68,100	78,560	59,463	80,909	89,465
Change	-	-2.92%	15.36%	-24.31%	36.07%	10.57%
P/E ratio	69.1x	6.6x	269x	7.6x	-2.38x	4.99x
PBR	0.93x	0.66x	0.88x	0.67x	1.36x	0.96x
PEG	-	0x	-2.8x	0x	0x	-0x
Capitalization / Revenue	0.6x	0.43x	0.58x	0.4x	0.31x	0.34x
EV / Revenue	1.02x	0.95x	1.14x	0.7x	0.56x	0.64x
EV / EBITDA	5.19x	4.53x	5.46x	3.72x	-10.9x	2.36x
EV / EBIT	15.5x	10.7x	15.6x	8.93x	-4.77x	3.14x
EV / FCF	-97.5x	-12.5x	-21.5x	3.33x	33.6x	-4.18x
FCF Yield	-1.03%	-8.03%	-4.66%	30%	2.98%	-23.9%
Dividend per Share ²	0.31	0.48	0.21	0.58	-	-
Rate of return	2.25%	4.83%	1.63%	5.61%	-	-
EPS ²	0.1998	1.504	0.048	1.36	-5.034	2.403
Distribution rate	155%	31.9%	438%	42.7%	-	-
Net sales ¹	68,976	71,317	69,031	84,461	143,476	139,715
EBITDA ¹	13,519	15,045	14,390	15,971	-7,449	37,974
EBIT ¹	4,513	6,367	5,024	6,661	-16,964	28,455
Net income ¹	1,177	5,155	650	5,113	-17,940	10,016
Net Debt ¹	28,654	37,324	38,649	26,016	36,080	41,464
Reference price ²	13.80	9.93	12.90	10.33	12.00	12.00
Nbr of stocks (in thousands)	3,006,838	3,099,893	3,095,041	3,237,847	3,735,760	4,000,045
Announcement Date	3/16/19	2/14/20	2/18/21	2/18/22	3/28/23	2/16/24

¹EUR in Million²EUR

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield	Capi. ($)
ABU DHABI NATIONAL ENERGY COMPANY	39.13x	-	-	+1.31%	95.81B
ACWA POWER COMPANY	180.9x	47.62x	91.97x	+0.18%	77.83B
NATIONAL GRID PLC	14.08x	4.54x	11.97x	+4.82%	57.45B
SEMPRA	17.76x	5.53x	14.66x	+2.91%	53.95B
PUBLIC SERVICE ENTERPRISE GROUP, INC.	24.21x	6.18x	15.9x	+2.73%	43.91B
ENGIE	7.37x	0.95x	5.08x	+9.08%	39.69B
EON SE	10.31x	0.77x	7.66x	+4.96%	29.78B
AMEREN CORPORATION	20.38x	5.62x	13.04x	+2.85%	25.14B
PPL CORPORATION	23.88x	4.8x	11.56x	+3.07%	24.54B
Average	37.56x	9.50x	21.48x	+3.54%	49.79B
Weighted average by Cap.	49.89x	13.79x	29.45x	+3.01%