CEZ ASFRA:CEZ -1.04%76 Net Margin % is 16.01% as of Mar. 2026, which is 105% above its 10-year median of 7.82. GuruFocus rates FRA:CEZ with a GF Score™ of 76/100 and a GF Value™ of €44.37 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 501 Utilities - Regulated companies, CEZ AS ranks better than 50.9% on this metric.
Net margin is calculated as Net Income divided by its Revenue. CEZ AS's Net Income for the
three
months ended in Mar. 2026 was €552 Mil. CEZ AS's Revenue for the
three
months ended in Mar. 2026 was €3,449 Mil. Therefore, CEZ AS's net margin for the quarter that ended in Mar. 2026 was 16.01%.
The historical rank and industry rank for CEZ AS's Net Margin % or its related term are showing as below:
FRA:CEZ'
s Net Margin % Range Over the Past 10 Years
Min: 2.57 Med: 7.82 Max: 28.76
Current: 9
FRA:CEZ's Net Margin % is ranked better than 50.9% of 501
companies
in the Utilities - Regulated industry
Industry Median: 8.8
vs FRA:CEZ: 9.00
CEZ AS (FRA:CEZ) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
CEZ AS Net Margin % Related Terms
CEZ AS Net Margin % Historical Data
* Premium members only.
The historical data trend for CEZ AS's Net Margin % 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.
For the Utilities - Regulated Electric subindustry, CEZ AS's Net Margin %, along with its competitors' market caps and Net Margin % 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.
CEZ AS Net Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CEZ AS's Net Margin % distribution charts can be found below:
* The bar in red indicates where CEZ AS's Net Margin % falls into.
* 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.
CEZ AS (FRA:CEZ) has a Net Margin % of 16.01% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on CEZ AS and its competitors. This is 105% above median its historical median of 7.82. Over the past decade, CEZ AS's Net Margin % has ranged from 2.57 to 28.76. According to the industry distribution chart, CEZ AS ranks #246 out of 501 companies in the Utilities - Regulated industry, placing it in the top 49.1%.
Is CEZ AS's Net Margin % too high?
CEZ AS's current Net Margin % of 16.01% is 105% above median its 10-year median of 7.82. Over the past 10 years, this metric has ranged from a low of 2.57 to a high of 28.76. The Utilities - Regulated industry median Net Margin % is 8.80. CEZ AS's value of 16.01% is 81.9% above this industry median. Based on the distribution chart, CEZ AS ranks #246 out of 501 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, CEZ AS has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CEZ AS's Net Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, CEZ AS ranks #246 out of 501 companies for Net Margin %. This puts CEZ AS in the upper half of its industry. The industry median Net Margin % is 8.80. CEZ AS's value of 16.01% is 81.9% above this benchmark. Historically, CEZ AS's own Net Margin % has ranged from 2.57 to 28.76 over the past decade. While the company's 10-year median is 7.82 vs. the industry median of 8.80, CEZ AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Utilities - Regulated company?
The median Net Margin % among Utilities - Regulated companies is 8.80, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CEZ AS's current Net Margin % of 16.01% is 81.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on CEZ AS and its competitors. For the Utilities - Regulated industry, the median Net Margin % is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CEZ AS's current Net Margin % is 16.01%, which is 105% above median its own 10-year median of 7.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CEZ AS stock overvalued right now?
Based on GuruFocus' analysis, CEZ AS (FRA:CEZ) is currently considered Modestly Overvalued. The stock's GF Value™ is €44.37, compared to a current price of €49.68 — trading 12% above its estimated fair value. The current Net Margin % is 16.01%, which is 105% above median its 10-year median of 7.82 and 81.9% above the Utilities - Regulated industry median of 8.80. CEZ AS's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For CEZ AS (FRA:CEZ), the current Net Margin % is 16.01% as of Mar. 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 CEZ AS (FRA:CEZ) Overvalued in 2026?
Based on GuruFocus' analysis, CEZ AS stock appears to be overvalued.
The current stock price of €49.68 is trading 12% above its estimated GF Value™ of €44.37.
GuruFocus considers CEZ AS to be Modestly Overvalued.
Key valuation signals for FRA:CEZ:
Net Margin %: 16.01% (105% above median its 10-year median of 7.82)
GF Value™: €44.37 vs. price of €49.68 (12% above fair value)
Industry Position: 81.9% above the Utilities - Regulated median (#246 of 501)
No single metric tells the full story. See the FRA:CEZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CEZ AS is a Czech energy company of which the government of the Czech Republic is the majority shareholder. The core business of the company is the generation, distribution, trade, and sale of electricity and heat, coal mining, trading in commodities and provision of complex energy services, distribution, trade, and sale of natural gas, and the provision of telecommunications services. Total energy production is mainly split between facilities utilizing thermal and nuclear inputs. CEZ segments comprise Generation; Distribution; Sales and Mining. The group operates mainly in Czechia and in Central and Western European markets.
76GF Score
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