Centrus Energy Corp. (LEU) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Centrus Energy Corp. stock $55.95, price $105, that is 46.5% below the price, quality 34 out of 100. Rating: strongly overvalued. Calculated from audited financials with 22 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range $18.63 – $436.00 · fair‑value band $50.89 – $65.75 · the $104.60 price screens above the $55.95 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
Follow Centrus Energy in your weekly email
Every Wednesday you see whether Centrus Energy is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Centrus Energy Corp. supplies nuclear fuel components for the nuclear power industry in the United States, Belgium, Japan, the Netherlands, and internationally. The company operates in two segments, Low-Enriched Uranium (LEU) and Technical Solutions.
Show moreShow less
The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants.
The Technical Solutions segment offers technical, manufacturing, engineering, and operations services to public and private sector customers. The company was formerly known as USEC Inc. and changed its name to Centrus Energy Corp. in September 2014.
Centrus Energy Corp. was incorporated in 1998 and is headquartered in Bethesda, Maryland.
Stock analysis
Centrus Energy Corp. (LEU) currently trades at $104.60, while our model-based Fair Value estimate is $55.95, 47% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of $62.29 per share, and 0 of the 22 models we run sit above the $104.60 price.
Bear case: the Asset-Based group reads lowest at $34.60, and 22 of the 22 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $50.89 (bear) to $65.75 (bull), the price of $104.60 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 34/100 (below-average quality), in the Energy sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Centrus Energy Corp. reported revenue of $449M in FY2025 versus $298M in FY2021, a compound +10.7%/yr. Reported net income was $77.8M in FY2025, compounding −18.3%/yr from FY2021.
Key figures
Market cap $2.3B Mid · P/E ratio 43.3 · P/S ratio 4.83 · EPS (TTM) $2.14 · Net margin 10.2% · Return on equity 8.1% · Return on assets (EBIT) 6.7% (5-year average) · Operating margin 5.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat.
The share trades about 69% below its 52-week high and 17% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Energy peers we cover trades at −60% fair-value upside, at −47%, LEU screens cheaper than that median.
Fair Value models
Bear$50.89Fair Value $55.95Bull$65.75
Price $104.60 · Downside -46.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($1.84 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, one officer or director sold shares worth $62,286 and none bought.
SaleTodd M TinelliSVP, CFO & Treasurer306 shares at $203.55$62,286May 11, 2026
Plus 12 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.78/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+1.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+15.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+12.7%
Start year 2020 (pandemic). Over 10 years: +0.7% a year
Revenue growth 10 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.7%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
−12.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−12.2%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−15.4% vs −20.2%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.21% → 11%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 10.0%/yr over ~10Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+34.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.0%
Yearly sales growth analysts expect, extended to five years.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +31.1% a year for the price and +1.5% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (95 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Moderate moat potential in the regulated uranium sector forms the main strength, while elevated total debt relative to equity stands as the chief weakness.
Main risk: Financing and the Westerman acquisition have added shares and costs that risk pressuring finances until new capacity arrives.
Centrus has shipped its first new centrifuge from Oak Ridge ahead of schedule, linking its Tennessee manufacturing to the Ohio enrichment expansion. New capacity is still not expected until 2029, however, while recent financing and the Westerman acquisition have added shares and costs. Our models see the stock as overvalued. Will the completed domestic supply chain deliver more value through HALEU contracts than the capital and dilution pressures subtract in the interim?
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Uranium · 24 stocks
Beats the industry median on 8/11 measures
Overall it ranks above its industry peers.
Valuation
Quality Score34 · Above median
Fair Value upside−46.5% · Above median
Profitability
Return on equity (12 months)8.1% · Top 25%
Return on assets3.2% · Top 25%
Net margin (12 months)10.2% · Above median
Operating margin (12 months)5.3% · Above median
Growth and dividend
Revenue growth (quarter YoY)14.0% · Above median
Balance sheet
Debt / equity1.54× · Highest 25%
Valuation Multiplesvs Uranium median · lower = cheaper
P/E (12 months)43.3× · Cheaper than median
P/B2.99× · Pricier than median
P/S (12 months)4.83× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)70· sector 0
PAST (return on equity)32· sector 0
HEALTH (low debt)23· sector 98
DIVIDEND (yield)0· sector 0
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Centrus Energy Corp. Fair Value". https://www.fairvalue-calculator.com/stock/LEU
Frequently asked questions
Is Centrus Energy Corp. (LEU) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $55.95 versus a price of $104.60, about 47% lower (overvalued).
What is the fair value of LEU?
Our model-based fair value for Centrus Energy Corp. is $55.95 (as of Nov 8, 2026), built from audited fundamentals. The current price: $104.60.
What is the quality score of LEU?
Centrus Energy Corp. has a Quality Score of 34/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Centrus Energy Corp. (LEU)?
Our model-based price target is the fair value of $55.95 (as of Nov 8, 2026) from 22 valuation models. Cautious scenario $50.89, optimistic scenario $65.75. It is a calculation from audited fundamentals, not an analyst target.
What is the Centrus Energy Corp. stock forecast for 2026?
Our models put fair value at $55.95, about 47% lower versus a price of $104.60 (overvalued). Cautious scenario $50.89, optimistic scenario $65.75. The calculation is refreshed regularly with new filings.
What is the revenue of Centrus Energy Corp. (LEU)?
Centrus Energy Corp. reported trailing-twelve-month revenue of about $474M (latest available figure, as of Nov 8, 2026).
What growth is priced into Centrus Energy Corp. (LEU)?
For today's price to be fair in a discounted-cash-flow model, Centrus Energy Corp. would have to grow free cash flow by +34.2 % per year for five years (discount rate 12.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +12.7 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of LEU use?
Our models discount Centrus Energy Corp. at 12.4 %: a base by market capitalisation (small), damped by beta 1.41, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Centrus Energy Corp. that is +34.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.4 %) and the same formula as our fair value.
How much growth has Centrus Energy Corp. (LEU) delivered so far?
Over the past 5 years revenue at Centrus Energy Corp. grew +12.7 % a year. The price currently implies free-cash-flow growth of +34.2 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Centrus Energy Corp. (LEU) growing?
The median revenue growth in the sector is +14.3 % a year. That is the yardstick for the growth priced into Centrus Energy Corp. (+34.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Centrus Energy Corp. (LEU)?
The free-cash-flow yield on the price is 1.37 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Centrus Energy Corp. produces per unit of market value. When it exceeds the discount rate of our models (12.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Centrus Energy Corp. (LEU)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Centrus Energy Corp. it is $55.95 per share (as of Nov 8, 2026), against a price of $104.60. It is the blended result of 22 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Centrus Energy Corp. stock overvalued or undervalued in 2026?
As of Nov 8, 2026, LEU trades above its calculated fair value: price $104.60, fair value $55.95, a gap of about −47% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of LEU?
No. The price is what the market pays today ($104.60); the fair value is what the company's own numbers justify ($55.95). For Centrus Energy Corp. the two are $48.65 per share apart. That gap is exactly why we show both numbers side by side.
How much is Centrus Energy Corp. worth?
The market values Centrus Energy Corp. at about $2.3B (market capitalisation, as of Nov 8, 2026). Per share that is $104.60; our models calculate a fair value of $55.95 per share.
What do the bullish and bearish scenarios say about LEU?
Our models span a range for Centrus Energy Corp.: cautious scenario $50.89, base $55.95, optimistic $65.75 per share (as of Nov 8, 2026, price $104.60). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of LEU?
Centrus Energy Corp. trades at a price-to-earnings ratio of 43.3 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $55.95 is built from several models across several years. Median P/E at fiscal year-end, 7 fiscal years (2017 to 2025), reported earnings, FY2017, FY2023, FY2025 ex one-offs: 9.3. Other multiples: PEG 2.9, P/B 3.0, P/S 4.8.
What is the PEG ratio of LEU?
The PEG ratio of Centrus Energy Corp. is 2.87 (P/E divided by earnings growth, as of Nov 8, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Centrus Energy Corp. (LEU)?
Balance-sheet figures for Centrus Energy Corp. (as of Nov 8, 2026): return on equity 8.1%, debt of 1.54 per unit of equity. They feed the Quality Score of 34/100, which measures business quality independently of the share price.
How far is LEU from its 52-week high?
Centrus Energy Corp. trades at $104.60, about 69% below its 52-week high of $337.76 and 17% above the low of $89.03 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $55.95 is for.
Which stocks are comparable to Centrus Energy Corp.?
From the same area (Energy) we also value Cameco Corporation, CGN Mining Company, Uranium Royalty Corp, Deep Yellow Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Centrus Energy Corp. stock attractive at the current price?
The data as of Nov 8, 2026: price $104.60, calculated fair value $55.95 (−47%), Quality Score 34/100, from 22 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of LEU calculated?
We run Centrus Energy Corp. through 22 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $55.95 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Centrus Energy Corp. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Centrus Energy Corp. (LEU)?
The closing price on Nov 6, 2026 was $104.60. Our model-based fair value is $55.95, about 47% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Centrus Energy Corp. right now?
The price sits above even our optimistic bull case ($65.75). The favourable scenario is already priced in. Weak quality (34/100) and above fair value at the same time, the margin of safety is missing on both counts.
Key figures of Centrus Energy Corp.
How large is the market capitalisation of Centrus Energy Corp. (LEU)?
The market capitalisation of Centrus Energy Corp. is $2.3B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Centrus Energy Corp. (LEU)?
The price-to-sales ratio of Centrus Energy Corp. is 4.83 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Centrus Energy Corp. (LEU)?
Earnings per share at Centrus Energy Corp. are $2.14 (price ÷ EPS = P/E 43.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Centrus Energy Corp. (LEU)?
The net margin of Centrus Energy Corp. is 10.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Centrus Energy Corp. (LEU)?
The return on equity (ROE) of Centrus Energy Corp. is 8.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Centrus Energy Corp. (LEU)?
On an EBIT basis the return on assets of Centrus Energy Corp. is 6.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Centrus Energy Corp. (LEU)?
The operating margin of Centrus Energy Corp. is 5.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Centrus Energy Corp. (LEU)?
Revenue at Centrus Energy Corp. is growing +14.0% versus a year earlier (3y avg +15.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Centrus Energy Corp. (LEU)?
Earnings per share at Centrus Energy Corp. are growing −51.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Centrus Energy Corp. (LEU) hold?
Centrus Energy Corp. holds more cash than debt, $744M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Centrus Energy Corp. in the live analysis
One click puts Centrus Energy Corp. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Some data
Nov 8, 2026