Valuation CEZ,

Stocks

End-of-day quote Prague S.E. 2026-08-20			5-day change	1st Jan Change
1,363.00 ^CZK	+0.89%		-0.66%	+5.25%

08-11	CEZ, a. s., H1 2026 Earnings Call, Aug 11, 2026
08-11	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	731,672	-	-
Change	-	-6.67%	24.5%	-0.16%	35.32%	5.25%	-	-
Enterprise Value (EV) ¹	553,537	413,283	672,551	719,552	926,659	953,088	962,135	965,446
Change	-	-25.34%	62.73%	6.99%	28.78%	2.85%	0.95%	0.34%
P/E	45.2x	5.12x	17.4x	17.2x	24.7x	21.7x	23.2x	26.5x
PBR	2.76x	-	2.11x	2.15x	2.88x	2.87x	2.84x	2.78x
PEG	-	0x	-0.3x	11.83x	-4.05x	1.1x	-3.59x	-2.1x
Capitalization / Revenue	1.94x	1.43x	1.51x	1.49x	2.09x	2.27x	2.43x	2.47x
EV / Revenue	2.43x	1.43x	1.97x	2.09x	2.78x	2.96x	3.2x	3.26x
EV / EBITDA	8.75x	3.14x	5.39x	5.23x	6.76x	8.52x	9.11x	9.39x
EV / EBIT	34.4x	4.05x	7.96x	7.7x	11.6x	16.8x	18.1x	19x
EV / FCF	20.2x	-	7.25x	10.2x	36.7x	27.9x	50.1x	30.5x
FCF Yield	4.95%	-	13.8%	9.77%	2.72%	3.58%	2%	3.28%
Dividend per Share ²	44	-	52	47	47	45.95	47.64	41
Rate of return	5.32%	-	5.43%	4.91%	3.63%	3.37%	3.5%	3.01%
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	1,363.00	1,363.00	1,363.00
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,	21.53x	2.94x	8.46x	3.4%	35.01B
GE VERNOVA INC.	32.01x	5.44x	39.79x	0.2%	263B
NEXTERA ENERGY	21.34x	9.22x	15.72x	2.87%	179B
IBERDROLA, S.A.	19.72x	4.12x	11.31x	3.62%	152B
ENEL S.P.A.	13.05x	1.89x	6.7x	5.43%	110B
SOUTHERN COMPANY	20.62x	5.94x	13.12x	3.28%	106B
CONSTELLATION ENERGY CORPORATION	21.62x	3.23x	13.76x	0.62%	97.14B
DUKE ENERGY CORPORATION	18.32x	5.6x	11.27x	3.52%	96.37B
AMERICAN ELECTRIC POWER COMPANY, INC.	19.83x	5.12x	12.5x	3.05%	68.74B
DOMINION ENERGY, INC.	19.05x	6.33x	13.5x	3.91%	60.06B
Average	20.71x	4.98x	14.61x	2.99%	116.67B
Weighted average by Cap.	22.26x	5.34x	18.44x	2.59%