Valuation CEZ,

Stocks

Real-time Estimate Cboe Europe 12:10:00 03/09/26 am AEST			5-day change	1st Jan Change
1,364.00 ^CZK	-0.58%		-0.87%	+5.95%

12/08	CEZ, a. s., H1 2026 Earnings Call, Aug 11, 2026
11/08	CEZ raises its outlook again due to rising energy prices	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	442,837	413,283	514,533	513,727	695,169	736,504	-	-
Change	-	-6.67%	24.5%	-0.16%	35.32%	5.95%	-	-
Enterprise Value (EV) ¹	553,537	413,283	672,551	719,552	926,659	957,919	966,966	970,278
Change	-	-25.34%	62.73%	6.99%	28.78%	3.37%	0.94%	0.34%
P/E	45.2x	5.12x	17.4x	17.2x	24.7x	21.9x	23.4x	26.7x
PBR	2.76x	-	2.11x	2.15x	2.88x	2.89x	2.86x	2.8x
PEG	-	0x	-0.3x	11.83x	-4.05x	1.1x	-3.62x	-2.2x
Capitalization / Revenue	1.94x	1.43x	1.51x	1.49x	2.09x	2.29x	2.45x	2.49x
EV / Revenue	2.43x	1.43x	1.97x	2.09x	2.78x	2.97x	3.21x	3.28x
EV / EBITDA	8.75x	3.14x	5.39x	5.23x	6.76x	8.56x	9.16x	9.44x
EV / EBIT	34.4x	4.05x	7.96x	7.7x	11.6x	16.9x	18.2x	19.1x
EV / FCF	20.2x	-	7.25x	10.2x	36.7x	28.1x	46.5x	35.4x
FCF Yield	4.95%	-	13.8%	9.77%	2.72%	3.56%	2.15%	2.82%
Dividend per Share ²	44	-	52	47	47	45.95	47.64	41
Rate of return	5.32%	-	5.43%	4.91%	3.63%	3.35%	3.47%	2.99%
EPS ²	18.3	150.5	55	55.8	52.4	62.76	58.7	51.45
Distribution rate	240%	-	94.5%	84.2%	89.7%	73.2%	81.2%	79.7%
Net sales ¹	227,793	288,485	340,585	344,709	333,388	322,235	300,849	296,250
EBITDA ¹	63,240	131,568	124,839	137,462	137,038	111,901	105,597	102,773
EBIT ¹	16,098	101,927	84,512	93,443	80,145	56,766	53,247	50,845
Net income ¹	9,791	80,786	29,524	29,933	28,107	33,295	31,441	28,551
Net Debt ¹	110,700	-	158,018	205,825	231,490	221,415	230,463	233,774
Reference price ²	827.00	770.00	958.50	957.00	1,295.00	1,372.00	1,372.00	1,372.00
Nbr of stocks (in thousands)	535,474	536,731	536,810	536,810	536,810	536,810	-	-
Announcement Date	15/3/22	21/3/23	21/3/24	13/3/25	12/3/26	-	-	-

¹CZK in Million²CZK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
CEZ,	21.86x	2.97x	8.56x	3.35%	35.29B
GE VERNOVA INC.	29.23x	4.91x	35.9x	0.22%	239B
NEXTERA ENERGY	20.6x	9x	15.39x	2.97%	173B
IBERDROLA, S.A.	19.65x	4.05x	11.15x	3.65%	150B
ENEL S.P.A.	12.74x	1.86x	6.6x	5.57%	106B
SOUTHERN COMPANY	19.71x	5.8x	12.66x	3.43%	101B
CONSTELLATION ENERGY CORPORATION	22.06x	3.4x	13.78x	0.61%	99.32B
DUKE ENERGY CORPORATION	17.85x	5.54x	11.17x	3.62%	93.87B
AMERICAN ELECTRIC POWER COMPANY, INC.	19.11x	5.1x	12.32x	3.13%	66.94B
DOMINION ENERGY, INC.	18.52x	6.23x	13.09x	4.02%	58.38B
Average	20.13x	4.89x	14.06x	3.06%	112.33B
Weighted average by Cap.	21.23x	5.15x	17.11x	2.68%