(ENGI) Engie S.A. - PA
Sector: Utilities | Industry: Utilities - Diversified | Exchange: PA (France) | Market Cap: 69.901m EUR | Total Return: 42.8% in 12m
Avg Turnover: 81.4M
EPS Trend: -44.2%
Qual. Beats: -2
Rev. Trend: -72.8%
Qual. Beats: 0
Warnings
Share dilution 22.4% YoY
Tailwinds
Idiosyncratic Leader, Confidence
Engie SA is a French multinational utility company specializing in low-carbon energy transition, renewable power generation, and gas infrastructure. The company operates through several core segments: Renewables & Flex Power, Networks, Local Energy Infrastructures, and Supply & Energy Management. Its portfolio includes hydroelectric, wind, solar, and battery storage assets, alongside an extensive natural gas distribution and storage network. Engie also maintains a segment dedicated to the management and decommissioning of nuclear power facilities.
The business model relies heavily on regulated and contracted activities, which provide predictable cash flows often indexed to inflation. Within the utility sector, Engie is a major player in the European gas grid, where infrastructure is increasingly being repurposed for hydrogen transportation to meet regional decarbonization targets. Further analysis of Engies long-term valuation and dividend sustainability is available on ValueRay.
Founded in 1880 and formerly known as GDF SUEZ, the firm has shifted its strategic focus away from traditional fossil fuels toward decentralized energy systems and technical services. Its operations span Europe, North America, and emerging markets, focusing on energy efficiency and large-scale renewable projects for industrial and residential clients.
- Natural gas price volatility impacts supply and energy management profit margins
- Renewables capacity expansion drives long-term capital expenditure and revenue growth
- Regulatory changes in European gas and electricity networks affect regulated asset returns
- Nuclear decommissioning costs and operational availability influence free cash flow stability
- European Union decarbonization policies accelerate transition toward low-carbon energy infrastructure investments
| Net Income: 5.30b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -3.20 > 1.0 |
| NWC/Revenue: 3.31% < 20% (prev 3.79%; Δ -0.48% < -1%) |
| CFO/TA 0.06 > 3% & CFO 10.4b > Net Income 5.30b |
| Net Debt (46.9b) to EBITDA (20.6b): 2.28 < 3 |
| Current Ratio: 1.08 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.97b) vs 12m ago 22.50% < -2% |
| Gross Margin: 33.26% > 18% (prev 14.79%; Δ 18.47% > 0.5%) |
| Asset Turnover: 76.77% > 50% (prev 90.10%; Δ -13.34% > 0%) |
| Interest Coverage Ratio: 2.58 > 6 (EBIT TTM 15.1b / Interest Expense TTM 5.84b) |
| A: 0.03 (Total Current Assets 58.4b - Total Current Liabilities 53.8b) / Total Assets 169b |
| B: 0.06 (Retained Earnings 9.46b / Total Assets 169b) |
| C: 0.08 (EBIT TTM 15.1b / Avg Total Assets 179b) |
| D: 0.26 (Book Value of Equity 33.0b / Total Liabilities 128b) |
| Altman-Z'' = 1.19 = BB |
| DSRI: 0.73 (Receivables 21.6b/36.7b, Revenue 138b/171b) |
| GMI: 0.44 (GM 14.79% / 33.26%) |
| AQI: 1.11 (AQ_t 0.27 / AQ_t-1 0.24) |
| SGI: 0.81 (Revenue 138b / 171b) |
| TATA: -0.03 (NI 5.30b - CFO 10.4b) / TA 169b) |
| Beneish M = -3.83 (Cap -4..+1) = AAA |
As of June 17, 2026, the stock is trading at EUR 26.90 with a total of 3,661,983 shares traded.
Over the past week, the price has changed by +0.52%,
over one month by -0.15%,
over three months by +1.90% and
over the past year by +42.82%.
Engie S.A. has no consensus analysts rating.
P/E Trailing = 18.2185
P/E Forward = 13.9665
P/S = 0.9716
P/B = 2.1214
P/EG = 3.4217
Revenue TTM = 138b EUR
EBIT TTM = 15.1b EUR
EBITDA TTM = 20.6b EUR
Long Term Debt = 40.0b EUR (from longTermDebt, last quarter)
Short Term Debt = 11.3b EUR (from shortTermDebt, last quarter)
Debt = 61.5b EUR (from shortLongTermDebtTotal, last quarter) + Leases 3.67b
Net Debt = 46.9b EUR (calculated: Debt 61.5b - CCE 14.5b)
Enterprise Value = 117b EUR (69.9b + Debt 61.5b - CCE 14.5b)
Interest Coverage Ratio = 2.58 (Ebit TTM 15.1b / Interest Expense TTM 5.84b)
EV/FCF = -56.54x (Enterprise Value 117b / FCF TTM -2.07b)
FCF Yield = -1.77% (FCF TTM -2.07b / Enterprise Value 117b)
FCF Margin = -1.50% (FCF TTM -2.07b / Revenue TTM 138b)
Net Margin = 3.85% (Net Income TTM 5.30b / Revenue TTM 138b)
Gross Margin = 33.26% ((Revenue TTM 138b - Cost of Revenue TTM 91.9b) / Revenue TTM)
Gross Margin QoQ = 11.26% (prev 32.61%)
Tobins Q-Ratio = 0.69 (Enterprise Value 117b / Total Assets 169b)
Interest Expense / Debt = 9.50% (Interest Expense 5.84b / Debt 61.5b)
Taxrate = 35.02% (3.50b / 10.0b)
NOPAT = 9.79b (EBIT 15.1b * (1 - 35.02%))
Current Ratio = 1.08 (Total Current Assets 58.4b / Total Current Liabilities 53.8b)
Debt / Equity = 1.86 (Debt 61.5b / totalStockholderEquity, last quarter 33.0b)
Debt / EBITDA = 2.28 (Net Debt 46.9b / EBITDA 20.6b)
Debt / FCF = -22.72 (negative FCF - burning cash) (Net Debt 46.9b / FCF TTM -2.07b)
Total Stockholder Equity = 32.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.96% (Net Income 5.30b / Total Assets 169b)
RoE = 16.20% (Net Income TTM 5.30b / Total Stockholder Equity 32.7b)
RoCE = 20.71% (EBIT 15.1b / Capital Employed (Equity 32.7b + L.T.Debt 40.0b))
RoIC = 8.17% (NOPAT 9.79b / Invested Capital 120b)
WACC = 5.79% (E(69.9b)/V(131b) * Re(5.45%) + D(61.5b)/V(131b) * Rd(9.50%) * (1-Tc(0.35)))
Discount Rate = 5.45% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 59.81 | Cagr: 9.47%
[DCF] Fair Price = unknown (Cash Flow -2.07b)
EPS Correlation: -44.24 | EPS CAGR: -5.50% | SUE: -3.37 | # QB: -2
Revenue Correlation: -72.82 | Revenue CAGR: -12.42% | SUE: 0.01 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.30 | Chg30d=+7.14% | Revisions=+20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.26 | Chg30d=+4.00% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=1.96 | Chg30d=-0.02% | Revisions=+27% | GrowthEPS=+1.2% | GrowthRev=+7.0%
EPS next Year (2027-12-31): EPS=2.08 | Chg30d=-0.20% | Revisions=+56% | GrowthEPS=+6.5% | GrowthRev=+6.4%
[Analyst] Revisions Ratio: +56%