Valuation CEZ,

Stocks

End-of-day quote Prague S.E. 25/09/2026			5-day change	1st Jan Change
1,349.00 ^CZK	-0.07%		-0.37%	+4.17%

08/09	ABB, Rolls-Royce SMR Sign MoU for Potential Small Modular Reactor Collaboration	MT
11/08	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	4,42,837	4,13,283	5,14,533	5,13,727	6,95,169	7,24,157	-	-
Change	-	-6.67%	24.5%	-0.16%	35.32%	4.17%	-	-
Enterprise Value (EV) ¹	5,53,537	4,13,283	6,72,551	7,19,552	9,26,659	9,51,617	9,57,120	9,61,931
Change	-	-25.34%	62.73%	6.99%	28.78%	2.69%	0.58%	0.5%
P/E	45.2x	5.12x	17.4x	17.2x	24.7x	20.9x	22.3x	25.1x
PBR	2.76x	-	2.11x	2.15x	2.88x	2.85x	2.81x	2.76x
PEG	-	0x	-0.3x	11.83x	-4.05x	0.9x	-3.51x	-2.2x
Capitalization / Revenue	1.94x	1.43x	1.51x	1.49x	2.09x	2.28x	2.4x	2.43x
EV / Revenue	2.43x	1.43x	1.97x	2.09x	2.78x	3x	3.18x	3.23x
EV / EBITDA	8.75x	3.14x	5.39x	5.23x	6.76x	8.45x	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	27.9x	43.1x	33.9x
FCF Yield	4.95%	-	13.8%	9.77%	2.72%	3.58%	2.32%	2.95%
Dividend per Share ²	44	-	52	47	47	46.31	48.57	43.48
Rate of return	5.32%	-	5.43%	4.91%	3.63%	3.43%	3.6%	3.22%
EPS ²	18.3	150.5	55	55.8	52.4	64.62	60.51	53.74
Distribution rate	240%	-	94.5%	84.2%	89.7%	71.7%	80.3%	80.9%
Net sales ¹	2,27,793	2,88,485	3,40,585	3,44,709	3,33,388	3,17,493	3,01,224	2,97,875
EBITDA ¹	63,240	1,31,568	1,24,839	1,37,462	1,37,038	1,12,651	1,06,847	1,03,773
EBIT ¹	16,098	1,01,927	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	34,545	32,441	29,551
Net Debt ¹	1,10,700	-	1,58,018	2,05,825	2,31,490	2,27,460	2,32,963	2,37,774
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)	5,35,474	5,36,731	5,36,810	5,36,810	5,36,810	5,36,810	-	-
Announcement Date	15/03/22	21/03/23	21/03/24	13/03/25	12/03/26	-	-	-

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,	20.88x	3x	8.45x	3.43%	3.39TCr
GE VERNOVA INC.	31.11x	5.25x	38.18x	0.21%	26TCr
NEXTERA ENERGY	18.9x	8.6x	14.83x	3.25%	16TCr
IBERDROLA, S.A.	20.03x	4.13x	11.33x	3.57%	15TCr
ENEL S.P.A.	12.25x	1.82x	6.45x	5.79%	10TCr
SOUTHERN COMPANY	18.54x	5.61x	12.3x	3.67%	9.53TCr
CONSTELLATION ENERGY CORPORATION	20.83x	3.19x	12.98x	0.65%	9.33TCr
DUKE ENERGY CORPORATION	16.8x	5.38x	10.8x	3.84%	8.84TCr
AMERICAN ELECTRIC POWER COMPANY, INC.	18.39x	4.99x	12.07x	3.25%	6.44TCr
DOMINION ENERGY, INC.	16.93x	5.96x	12.54x	4.4%	5.34TCr
Average	19.47x	4.79x	13.99x	3.21%	10.93TCr
Weighted average by Cap.	21.19x	5.08x	17.85x	2.74%