Company Valuation: RWE AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 24,144 28,124 30,614 21,301 32,296 39,586 - -
Change - 16.48% 8.85% -30.42% 51.62% 22.57% - -
Enterprise Value (EV) 1 28,073 28,671 33,001 25,199 43,217 55,076 55,962 58,397
Change - 2.13% 15.1% -23.64% 71.5% 27.44% 1.61% 4.35%
P/E ratio 33.4x 10.6x 21.1x 4.17x 10.5x 21.2x 17.6x 17x
PBR 1.58x 1.04x 0.97x 0.68x 0.96x 1.09x 1.06x 1.03x
PEG - 0x -0.4x 0x -0.3x -0.5x 0.9x 4.96x
Capitalization / Revenue 0.98x 0.73x 1.07x 0.88x 1.83x 1.79x 1.65x 1.49x
EV / Revenue 1.14x 0.75x 1.16x 1.04x 2.45x 2.49x 2.34x 2.19x
EV / EBITDA 7.69x 4.54x 3.94x 4.44x 8.5x 9.85x 8.43x 8.08x
EV / EBIT 12.8x 6.28x 5.2x 7.08x 15.1x 17.5x 14.4x 13.8x
EV / FCF 8.01x -13.8x -5.75x -5.45x -7.86x -21.3x -111x 188x
FCF Yield 12.5% -7.25% -17.4% -18.3% -12.7% -4.69% -0.9% 0.53%
Dividend per Share 2 0.9 0.9 1 1.1 1.2 1.304 1.425 1.561
Rate of return 2.52% 2.16% 2.43% 3.82% 2.65% 2.33% 2.55% 2.79%
EPS 2 1.07 3.93 1.95 6.91 4.3 2.638 3.183 3.292
Distribution rate 84.1% 22.9% 51.3% 15.9% 27.9% 49.4% 44.8% 47.4%
Net sales 1 24,526 38,366 28,566 24,224 17,628 22,101 23,920 26,618
EBITDA 1 3,650 6,310 8,378 5,680 5,087 5,592 6,641 7,228
EBIT 1 2,185 4,568 6,349 3,561 2,868 3,150 3,874 4,221
Net income 1 721 2,717 1,450 5,135 3,131 1,851 2,233 2,329
Net Debt 1 3,929 547 2,387 3,898 10,921 15,490 16,376 18,810
Reference price 2 35.72 41.59 41.18 28.83 45.26 55.90 55.90 55.90
Nbr of stocks (in thousands) 675,928 676,216 743,419 738,847 713,565 708,161 - -
Announcement Date 3/15/22 3/21/23 3/14/24 3/20/25 3/11/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.19x2.49x9.85x2.33% 46.75B
16.25x5.55x13.18x3.78% 85.95B
15.28x1.56x8.17x4.91% 80.3B
38.28x5.76x16.23x1.63% 74.99B
18.48x6.98x15.64x2.83% 61.43B
17.97x1.13x9.62x3.14% 58.02B
18.79x5.36x13.46x3.25% 40.69B
16.45x4.98x9.68x4.52% 37.57B
40.89x18.31x27.74x0.45% 36.42B
20.96x5.8x13.4x2.69% 31.18B
Average 22.45x 5.79x 13.70x 2.95% 55.33B
Weighted average by Cap. 22.03x 5.24x 13.24x 3.09%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield