EOAN Stock Analysis: E.ON SE | XETRA

Utilities - Diversified | XETRA, Germany | Market Cap: 45.881m EUR | 12M Return: 15.3% | DE000ENAG999 | Charts, Fundamentals & Technical Analysis

Power Distribution, Gas Distribution, District Heating, Vehicle Charging
Total Rating 31
Safety 41
Buy Signal -0.75
Utilities - Diversified
Industry Rotation: -10.0
Market Cap: 53.6B
Avg Turnover: 72.4M
Risk 3d forecast
Volatility22.1%
VaR 5th Pctl3.99%
VaR vs Median9.49%
Reward TTM
Sharpe Ratio0.60
Rel. Str. IBD31.5
Rel. Str. Peer Group59.4
Character TTM
Beta-0.115
Beta Downside-0.384
Hurst Exponent0.340
Drawdowns 3y
Max DD23.36%
CAGR/Max DD0.84
CAGR/Mean DD3.89
EPS (Earnings per Share) EPS (Earnings per Share) of EOAN over the last years for every Quarter: "2021-06": 0.37, "2021-09": 0.16, "2021-12": 0.12, "2022-03": 0.32, "2022-06": 0.14, "2022-09": 0.27, "2022-12": 0.24, "2023-03": 0.4, "2023-06": 0.49, "2023-09": 0.25, "2023-12": 0.05, "2024-03": 0.4, "2024-06": 0.27, "2024-09": 0.17, "2024-12": 0.25, "2025-03": 0.49, "2025-06": 0.25, "2025-09": 0.14, "2025-12": 0.28, "2026-03": 0.51, "2026-06": 0.22,
EPS CAGR: -0.87%
EPS Trend: -7.2%
Last SUE: -0.88
Qual. Beats: -1
Revenue Revenue of EOAN over the last years for every Quarter: 2021-06: 14638, 2021-09: 15047, 2021-12: 29271, 2022-03: 29507, 2022-06: 23338, 2022-09: 28965, 2022-12: 34067, 2023-03: 33543, 2023-06: 18817, 2023-09: 16883, 2023-12: 24443, 2024-03: 22641, 2024-06: 16884, 2024-09: 16759, 2024-12: 23835, 2025-03: 25216, 2025-06: 16338, 2025-09: 15960, 2025-12: 21190, 2026-03: 21823, 2026-06: 15914,
Rev. CAGR: -7.72%
Rev. Trend: -80.7%
Last SUE: 1.13
Qual. Beats: 2

Warnings

High Debt While Negative Cash Flow
Altman Z'' In Financial Distress Zone
Choppy
Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.6 years of data

Jan +2.8% 33
Feb -1.2% 27
Mar +1.6% 18
Apr -0.5% 5
May +1.8% 32
Jun -0.2% 12
Jul +2.1% 21
Aug -3.3% 45
Sep -4.5% 34
Oct -0.6% 14
Nov +0.1% 0
Dec -0.3% 0

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: EOAN E.ON SE

E.ON SE is a German-headquartered energy company operating across Germany, the UK, Sweden, the Netherlands, and other European and international markets. Founded in 1923 and based in Essen, it runs three core segments: Energy Networks (regulated power and gas distribution), Energy Infrastructure Solutions (district heating/cooling, energy efficiency services, and distributed generation assets such as heat pumps, PV systems, and CHP plants), and Energy Retail (electricity and gas supply to residential, SME, and commercial customers, along with EV charging and solar/storage offerings).

As a vertically integrated electric utility, E.ON combines regulated network operations with customer-facing supply and distributed energy services, a structure that provides relatively stable cash flows from network tariffs while exposing the retail arm to wholesale price volatility. The European utilities sector has been undergoing a strategic shift away from conventional generation toward grids, electrification, and decentralized renewable energy infrastructure, areas that align with E.ONs current segment mix.

Headlines to Watch Out For
  • UK Ofgem price controls cap allowed distribution network returns
  • Energy Infrastructure Solutions expands heat pump and EV charging portfolio
  • German network capex accelerates to integrate renewable energy capacity
Piotroski VR-10 (Strict) 1.5
Net Income: 3.38b TTM > 0 and > 6% of Revenue
FCF/TA: -0.00 > 0.02 and ΔFCF/TA 0.82 > 1.0
NWC/Revenue: -1.63% < 20% (prev -5.52%; Δ 3.89% < -1%)
CFO/TA 0.07 > 3% & CFO 7.64b > Net Income 3.38b
Net Debt (41.7b) to EBITDA (11.4b): 3.66 < 3
Current Ratio: 0.96 > 1.5 & < 3
Outstanding Shares: last quarter (2.73b) vs 12m ago 4.42% < -2%
Gross Margin: 18.82% > 18% (prev 24.79%; Δ -5.97% > 0.5%)
Asset Turnover: 66.60% > 50% (prev 75.06%; Δ -8.46% > 0%)
Interest Coverage Ratio: 3.30 > 6 (EBIT TTM 7.44b / Interest Expense TTM 2.26b)
Altman Z'' 0.85
A: -0.01 (Total Current Assets 26.7b - Total Current Liabilities 28.0b) / Total Assets 115b
B: 0.07 (Retained Earnings 7.62b / Total Assets 115b)
C: 0.07 (EBIT TTM 7.44b / Avg Total Assets 112b)
D: 0.24 (Book Value of Equity 21.2b / Total Liabilities 87.5b)
Altman-Z'' = 0.85 = B
Beneish M -2.66
DSRI: 1.23 (Receivables 18.7b/16.7b, Revenue 74.9b/82.1b)
GMI: 1.32 (GM 24.79% / 18.82%)
AQI: 0.94 (AQ_t 0.32 / AQ_t-1 0.34)
SGI: 0.91 (Revenue 74.9b / 82.1b)
TATA: -0.04 (NI 3.38b - CFO 7.64b) / TA 115b)
Beneish M = -2.66 (Cap -4..+1) = A
What is the price of EOAN shares?

As of August 22, 2026, the stock is trading at EUR 17.41 with a total of 4,348,396 shares traded. Over the past week, the price has changed by -0.23%, over one month by -9.63%, over three months by -5.94% and over the past year by +15.28%.

Current recommended Stop Loss: 16.80 (which is 3.5% or 1.5 ATR below the current price).

Is EOAN a buy, sell or hold?

E.ON SE has no consensus analysts rating.

E.ON SE (EOAN) - Fundamental Data Overview as of 22 August 2026
Market Cap USD = 53.6b (45.9b EUR * 1.1687 EUR.USD)
P/E Trailing = 13.6047
P/E Forward = 16.2338
P/S = 0.6096
P/B = 2.1397
P/EG = 0.9549
Revenue TTM = 74.9b EUR
EBIT TTM = 7.44b EUR
EBITDA TTM = 11.4b EUR
Long Term Debt = 31.4b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 4.25b EUR (from shortTermDebt, last quarter)
Debt = 45.9b EUR (from shortLongTermDebtTotal, last quarter) + Leases 3.14b
Net Debt = 41.7b EUR (calculated: Debt 45.9b - CCE 4.26b)
Enterprise Value = 87.6b EUR (45.9b + Debt 45.9b - CCE 4.26b)
Interest Coverage Ratio = 3.30 (Ebit TTM 7.44b / Interest Expense TTM 2.26b)
EV/FCF = -547.2x (Enterprise Value 87.6b / FCF TTM -160.0m)
FCF Yield = -0.18% (FCF TTM -160.0m / Enterprise Value 87.6b)
FCF Margin = -0.21% (FCF TTM -160.0m / Revenue TTM 74.9b)
Net Margin = 4.51% (Net Income TTM 3.38b / Revenue TTM 74.9b)
Gross Margin = 18.82% ((Revenue TTM 74.9b - Cost of Revenue TTM 60.8b) / Revenue TTM)
Gross Margin QoQ = 23.15% (prev 12.53%)
Tobins Q-Ratio = 0.76 (Enterprise Value 87.6b / Total Assets 115b)
Interest Expense / Debt = 4.91% (Interest Expense 2.26b / Debt 45.9b)
Taxrate = 26.77% (1.47b / 5.50b)
NOPAT = 5.45b (EBIT 7.44b * (1 - 26.77%))
Current Ratio = 0.96 (Total Current Assets 26.7b / Total Current Liabilities 28.0b)
Debt / Equity = 2.16 (Debt 45.9b / totalStockholderEquity, last quarter 21.2b)
Debt / EBITDA = 3.66 (Net Debt 41.7b / EBITDA 11.4b)
 Debt / FCF = -260.5 (out of range, set to none) (Net Debt 41.7b / FCF TTM -160.0m)
 Total Stockholder Equity = 20.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.00% (Net Income 3.38b / Total Assets 115b)
RoE = 16.83% (Net Income TTM 3.38b / Total Stockholder Equity 20.1b)
RoCE = 14.45% (EBIT 7.44b / Capital Employed (Equity 20.1b + L.T.Debt 31.4b))
RoIC = 6.19% (NOPAT 5.45b / Invested Capital 88.0b)
WACC = 4.59% (E(45.9b)/V(91.8b) * Re(5.58%) + D(45.9b)/V(91.8b) * Rd(4.91%) * (1-Tc(0.27)))
Discount Rate = 5.58% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 54.39 | Cagr: 1.98%
 [DCF] Fair Price = unknown (Cash Flow -160.0m)
 EPS Correlation: -7.16 | EPS CAGR: -0.87% | SUE: -0.88 | # QB: -1
Revenue Correlation: -80.70 | Revenue CAGR: -7.72% | SUE: 1.13 | # QB: 2
EPS current Quarter (2026-09-30): EPS=0.31 | Chg30d=+0.00% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=1.09 | Chg30d=+0.56% | Revisions=+29% | GrowthEPS=-5.8% | GrowthRev=+1.3%
EPS next Year (2027-12-31): EPS=1.25 | Chg30d=+0.23% | Revisions=+57% | GrowthEPS=+14.1% | GrowthRev=+6.0%
[Analyst] Revisions Ratio: +55% (up=7, down=1)