Valuation CEZ,

Stocks

Real-time Estimate Cboe Europe 10:10:00 2026-10-06 EDT			5-day change	1st Jan Change
1,351.50 ^CZK	+0.93%		-0.74%	+3.40%

09-08	ABB, Rolls-Royce SMR Sign MoU for Potential Small Modular Reactor Collaboration	MT
08-11	CEZ, a. s., H1 2026 Earnings Call, Aug 11, 2026

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	724,157	-	-
Change	-	-6.67%	24.5%	-0.16%	35.32%	4.17%	-	-
Enterprise Value (EV) ¹	553,537	413,283	672,551	719,552	926,659	948,030	957,120	961,931
Change	-	-25.34%	62.73%	6.99%	28.78%	2.31%	0.96%	0.5%
P/E	45.2x	5.12x	17.4x	17.2x	24.7x	20.7x	22.3x	25.1x
PBR	2.76x	-	2.11x	2.15x	2.88x	2.84x	2.81x	2.77x
PEG	-	0x	-0.3x	11.83x	-4.05x	0.9x	-3.16x	-2.2x
Capitalization / Revenue	1.94x	1.43x	1.51x	1.49x	2.09x	2.32x	2.4x	2.43x
EV / Revenue	2.43x	1.43x	1.97x	2.09x	2.78x	3.04x	3.18x	3.23x
EV / EBITDA	8.75x	3.14x	5.39x	5.23x	6.76x	8.42x	8.96x	9.27x
EV / EBIT	34.4x	4.05x	7.96x	7.7x	11.6x	16.2x	17.5x	18.4x
EV / FCF	20.2x	-	7.25x	10.2x	36.7x	27.8x	43.1x	33.9x
FCF Yield	4.95%	-	13.8%	9.77%	2.72%	3.59%	2.32%	2.95%
Dividend per Share ²	44	-	52	47	47	47.28	48.57	43.48
Rate of return	5.32%	-	5.43%	4.91%	3.63%	3.5%	3.6%	3.22%
EPS ²	18.3	150.5	55	55.8	52.4	65.11	60.51	53.74
Distribution rate	240%	-	94.5%	84.2%	89.7%	72.6%	80.3%	80.9%
Net sales ¹	227,793	288,485	340,585	344,709	333,388	311,744	301,224	297,875
EBITDA ¹	63,240	131,568	124,839	137,462	137,038	112,651	106,847	103,773
EBIT ¹	16,098	101,927	84,512	93,443	80,145	58,618	54,622	52,345
Net income ¹	9,791	80,786	29,524	29,933	28,107	34,891	32,441	29,551
Net Debt ¹	110,700	-	158,018	205,825	231,490	223,873	232,963	237,774
Reference price ²	827.00	770.00	958.50	957.00	1,295.00	1,349.00	1,349.00	1,349.00
Nbr of stocks (in thousands)	535,474	536,731	536,810	536,810	536,810	536,810	-	-
Announcement Date	3/15/22	3/21/23	3/21/24	3/13/25	3/12/26	-	-	-

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,	20.72x	3.04x	8.42x	3.5%	33.21B
GE VERNOVA INC.	32.37x	5.43x	39.73x	0.2%	264B
NEXTERA ENERGY	18.94x	8.61x	14.91x	3.25%	159B
IBERDROLA, S.A.	20.3x	4.22x	11.61x	3.47%	153B
CHINA YANGTZE POWER CO., LTD.	19.27x	10.9x	14.22x	3.62%	104B
ENEL S.P.A.	12.02x	1.8x	6.39x	5.9%	97.33B
SOUTHERN COMPANY	18.75x	5.64x	12.37x	3.63%	96.39B
CONSTELLATION ENERGY CORPORATION	21.17x	3.24x	13.16x	0.64%	94.82B
DUKE ENERGY CORPORATION	16.87x	5.39x	10.83x	3.83%	88.76B
AMERICAN ELECTRIC POWER COMPANY, INC.	18.61x	5.03x	12.15x	3.21%	65.18B
Average	19.90x	5.33x	14.38x	3.13%	115.53B
Weighted average by Cap.	21.67x	5.64x	18.35x	2.71%