Valuation CEZ,

Stocks

End-of-day quote Prague S.E. 11/08/2026			5-day change	1st Jan Change
1,376.00 ^CZK	-0.65%		+0.51%	+6.25%

11/08	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	4,42,837	4,13,283	5,14,533	5,13,727	6,95,169	7,37,577	-	-
Change	-	-6.67%	24.5%	-0.16%	35.32%	6.1%	-	-
Enterprise Value (EV) ¹	5,53,537	4,13,283	6,72,551	7,19,552	9,26,659	9,59,283	9,68,040	9,71,351
Change	-	-25.34%	62.73%	6.99%	28.78%	3.52%	0.91%	0.34%
P/E	45.2x	5.12x	17.4x	17.2x	24.7x	20.6x	23.4x	26.7x
PBR	2.76x	-	2.11x	2.15x	2.88x	2.9x	2.87x	2.81x
PEG	-	0x	-0.3x	11.83x	-4.05x	0.8x	-1.9x	-2.2x
Capitalization / Revenue	1.94x	1.43x	1.51x	1.49x	2.09x	2.37x	2.45x	2.49x
EV / Revenue	2.43x	1.43x	1.97x	2.09x	2.78x	3.08x	3.22x	3.28x
EV / EBITDA	8.75x	3.14x	5.39x	5.23x	6.76x	8.57x	9.17x	9.45x
EV / EBIT	34.4x	4.05x	7.96x	7.7x	11.6x	16.5x	18.2x	19.1x
EV / FCF	20.2x	-	7.25x	10.2x	36.7x	28.1x	50.4x	30.7x
FCF Yield	4.95%	-	13.8%	9.77%	2.72%	3.56%	1.98%	3.26%
Dividend per Share ²	44	-	52	47	47	49.53	47.64	41
Rate of return	5.32%	-	5.43%	4.91%	3.63%	3.61%	3.47%	2.98%
EPS ²	18.3	150.5	55	55.8	52.4	66.77	58.7	51.45
Distribution rate	240%	-	94.5%	84.2%	89.7%	74.2%	81.2%	79.7%
Net sales ¹	2,27,793	2,88,485	3,40,585	3,44,709	3,33,388	3,11,369	3,00,849	2,96,250
EBITDA ¹	63,240	1,31,568	1,24,839	1,37,462	1,37,038	1,11,901	1,05,597	1,02,773
EBIT ¹	16,098	1,01,927	84,512	93,443	80,145	58,067	53,247	50,845
Net income ¹	9,791	80,786	29,524	29,933	28,107	36,120	31,441	28,551
Net Debt ¹	1,10,700	-	1,58,018	2,05,825	2,31,490	2,21,706	2,30,463	2,33,774
Reference price ²	827.00	770.00	958.50	957.00	1,295.00	1,374.00	1,374.00	1,374.00
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,	20.69x	3.09x	8.6x	3.58%	3.51TCr
GE VERNOVA INC.	32.8x	5.58x	40.86x	0.2%	28TCr
NEXTERA ENERGY	21.33x	9.18x	15.65x	2.88%	18TCr
IBERDROLA, S.A.	20.26x	4.2x	11.53x	3.52%	15TCr
ENEL S.P.A.	13.56x	1.93x	6.86x	5.22%	11TCr
SOUTHERN COMPANY	20.5x	5.91x	13.11x	3.29%	11TCr
CONSTELLATION ENERGY CORPORATION	21.82x	3.29x	13.97x	0.61%	9.87TCr
DUKE ENERGY CORPORATION	18.24x	5.6x	11.33x	3.55%	9.63TCr
AMERICAN ELECTRIC POWER COMPANY, INC.	19.27x	5.05x	12.21x	3.13%	6.79TCr
DOMINION ENERGY, INC.	18.93x	6.26x	13.42x	3.92%	5.98TCr
Average	20.74x	5.01x	14.75x	2.99%	11.86TCr
Weighted average by Cap.	22.60x	5.37x	18.94x	2.55%