EnBW Energie Baden-Wuerttemberg AG (CHIX:EBKD) Intrinsic Value: Projected FCF: €3.80 (As of Sep. 15, 2026)

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CHIX:EBKD EnBW Energie Baden-Wuerttemberg AG CHIX:EBKD
67 GF Score
Price €45.09
GF Value €36.43
! 4 Warning Signs
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What is EnBW Energie Baden-Wuerttemberg AG Intrinsic Value: Projected FCF?

EnBW Energie Baden-Wuerttemberg AG CHIX:EBKD 67 Intrinsic Value: Projected FCF is €3.80 as of Sep. 15, 2026. GuruFocus rates CHIX:EBKD with a GF Score™ of 67/100 and a GF Value™ of €36.43. The stock has 4 warning signs investors should review. Among 382 Utilities - Regulated companies, EnBW Energie Baden-Wuerttemberg AG ranks worse than 95.55% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-15), EnBW Energie Baden-Wuerttemberg AG's Intrinsic Value: Projected FCF is €3.80. The stock price of EnBW Energie Baden-Wuerttemberg AG is €45.09. Therefore, EnBW Energie Baden-Wuerttemberg AG's Price-to-Intrinsic-Value-Projected-FCF of today is 11.9.

The historical rank and industry rank for EnBW Energie Baden-Wuerttemberg AG's Intrinsic Value: Projected FCF or its related term are showing as below:

CHIX:EBKd' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.82   Med: 11.07   Max: 40.48
Current: 11.87

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of EnBW Energie Baden-Wuerttemberg AG was 40.48. The lowest was 0.82. And the median was 11.07.

CHIX:EBKd's Price-to-Projected-FCF is ranked worse than
95.55% of 382 companies
in the Utilities - Regulated industry
Industry Median: 1.02 vs CHIX:EBKd: 11.87

EnBW Energie Baden-Wuerttemberg AG  (CHIX:EBKd) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

EnBW Energie Baden-Wuerttemberg AG's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=45.09/5.7313355539602
=7.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


EnBW Energie Baden-Wuerttemberg AG Intrinsic Value: Projected FCF Related Terms


EnBW Energie Baden-Wuerttemberg AG Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for EnBW Energie Baden-Wuerttemberg AG's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

EnBW Energie Baden-Wuerttemberg AG Intrinsic Value: Projected FCF Chart

EnBW Energie Baden-Wuerttemberg AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.06 6.09 4.51 -6.05 1.11

EnBW Energie Baden-Wuerttemberg AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.58 4.20 1.11 3.17 3.73

CHIX:EBKD vs SRE, AES: Intrinsic Value: Projected FCF Comparison

For the Utilities - Diversified subindustry, EnBW Energie Baden-Wuerttemberg AG's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


EnBW Energie Baden-Wuerttemberg AG Price-to-Projected-FCF vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, EnBW Energie Baden-Wuerttemberg AG's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where EnBW Energie Baden-Wuerttemberg AG's Price-to-Projected-FCF falls into.


CHIX:EBKD
67GF Score
EnBW Energie Baden-Wuerttemberg AG CHIX:EBKD
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EnBW Energie Baden-Wuerttemberg AG Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get EnBW Energie Baden-Wuerttemberg AG's Free Cash Flow(6 year avg) = €-869.70.

EnBW Energie Baden-Wuerttemberg AG's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-869.696+12673.9*0.8)/324.411
=5.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: Projected FCF of €3.80 mean?
EnBW Energie Baden-Wuerttemberg AG (CHIX:EBKD) has a Intrinsic Value: Projected FCF of €3.80 as of Sep. 15, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on EnBW Energie Baden-Wuerttemberg AG and its competitors. According to the industry distribution chart, EnBW Energie Baden-Wuerttemberg AG ranks #365 out of 382 companies in the Utilities - Regulated industry, placing it in the top 95.5%.
Is EnBW Energie Baden-Wuerttemberg AG's Intrinsic Value: Projected FCF too high?
EnBW Energie Baden-Wuerttemberg AG's current Intrinsic Value: Projected FCF is €3.80. Based on the distribution chart, EnBW Energie Baden-Wuerttemberg AG ranks #365 out of 382 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, EnBW Energie Baden-Wuerttemberg AG has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does EnBW Energie Baden-Wuerttemberg AG's Intrinsic Value: Projected FCF compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, EnBW Energie Baden-Wuerttemberg AG ranks #365 out of 382 companies for Intrinsic Value: Projected FCF. This places EnBW Energie Baden-Wuerttemberg AG in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.02. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Utilities - Regulated company?
The median Intrinsic Value: Projected FCF among Utilities - Regulated companies is 1.02, based on 382 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on EnBW Energie Baden-Wuerttemberg AG and its competitors. For the Utilities - Regulated industry, the median Intrinsic Value: Projected FCF is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EnBW Energie Baden-Wuerttemberg AG's current Intrinsic Value: Projected FCF is €3.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EnBW Energie Baden-Wuerttemberg AG stock overvalued right now?
EnBW Energie Baden-Wuerttemberg AG (CHIX:EBKD) has a current Intrinsic Value: Projected FCF of €3.80. The stock's GF Value™ is €36.43, compared to a current price of €45.09 — trading 23.8% above its estimated fair value. The current Intrinsic Value: Projected FCF is €3.80. EnBW Energie Baden-Wuerttemberg AG's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For EnBW Energie Baden-Wuerttemberg AG (CHIX:EBKD), the current Intrinsic Value: Projected FCF is €3.80 as of Sep. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is EnBW Energie Baden-Wuerttemberg AG (CHIX:EBKD) Overvalued in 2026?

Based on GuruFocus' analysis, EnBW Energie Baden-Wuerttemberg AG stock appears to be overvalued. The current stock price of €45.09 is trading 23.8% above its estimated GF Value™ of €36.43.

Key valuation signals for CHIX:EBKD:

  • Intrinsic Value: Projected FCF: €3.80
  • GF Value™: €36.43 vs. price of €45.09 (23.8% above fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the CHIX:EBKD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EnBW Energie Baden-Wuerttemberg AG Business Description

Other Exchanges EBK:Germany
Address Durlacher Allee 93, Karlsruhe, BW, DEU, 76131
EnBW Energie Baden-Wuerttemberg AG is active in the energy sector in Germany and the rest of Europe. It operates in three segments: Smart Infrastructure for Customers, which comprises the sale of electricity and gas, energy industry services and energy solutions, provision and expansion of quick-charging infrastructure and digital solutions for electromobility, broadband activities; System Critical Infrastructure segment is into the transmission and distribution of electricity and gas; and Sustainable Generation Infrastructure segment, which generates maximum revenue, encompasses activities in the areas of renewable energies and conventional generation, district heating and waste management/environmental services. Geographically, the company generates maximum revenue from Germany.
67GF Score

Get the complete analysis for CHIX:EBKD

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€45.09
Price
€36.43
GF Value