CEZ AS (FRA:CEZ) Total Operating Expense: €4,198 Mil (TTM As of Mar. 2026)


FRA:CEZ CEZ AS FRA:CEZ
74 GF Score
Price €50.30
GF Value €44.82
Valuation Modestly Overvalued
! 8 Warning Signs
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What is CEZ AS Total Operating Expense?

CEZ AS FRA:CEZ -0.20% 74 Total Operating Expense is €4,198 Mil as of Mar. 2026. GuruFocus rates FRA:CEZ with a GF Score™ of 74/100 and a GF Value™ of €44.82 (Modestly Overvalued). The stock has 8 warning signs investors should review.

CEZ AS's Total Operating Expense for the three months ended in Mar. 2026 was €1,032 Mil. CEZ AS's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €4,198 Mil.


CEZ AS Total Operating Expense Related Terms


CEZ AS Total Operating Expense Historical Data

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The historical data trend for CEZ AS's Total Operating Expense 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.

CEZ AS Total Operating Expense Chart

CEZ AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,567.85 2,664.54 3,496.93 3,395.63 4,270.39

CEZ AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 1,033.88 1,020.78 1,037.04 1,107.25 1,032.45
FRA:CEZ
74GF Score
CEZ AS FRA:CEZ
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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CEZ AS Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,198 Mil.

* 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 Total Operating Expense of €4,198 Mil mean?
CEZ AS (FRA:CEZ) has a Total Operating Expense of €4,198 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on CEZ AS and its competitors.
Is CEZ AS's Total Operating Expense too high?
CEZ AS's current Total Operating Expense is €4,198 Mil. Overall, CEZ AS has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CEZ AS's Total Operating Expense compare to NEE and SO?
CEZ AS's Total Operating Expense of €4,198 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Utilities - Regulated company?
A good Total Operating Expense depends on the Utilities - Regulated industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on CEZ AS and its competitors. CEZ AS's current Total Operating Expense is €4,198 Mil. 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 €44.82, compared to a current price of €50.30 — trading 12.2% above its estimated fair value. The current Total Operating Expense is €4,198 Mil. CEZ AS's overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For CEZ AS (FRA:CEZ), the current Total Operating Expense is €4,198 Mil 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 €50.30 is trading 12.2% above its estimated GF Value™ of €44.82. GuruFocus considers CEZ AS to be Modestly Overvalued.

Key valuation signals for FRA:CEZ:

  • Total Operating Expense: €4,198 Mil
  • GF Value™: €44.82 vs. price of €50.30 (12.2% above fair value)
  • GF Score™: 74/100 with 8 warning signs

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 Business Description

Address Duhova 2/1444, Praha 4, Prague, CZE, 140 53
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.
74GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€50.30
Price
€44.82
GF Value