Energoaqua a.s. (ENRGA) fair value: what the stock is really worth
As of Oct 16, 2026: fair value (intrinsic value) of Energoaqua a.s. stock CZK 4,285, price CZK 3,720, upside +15.2%, quality 46 out of 100. Rating: undervalued. Calculated from audited financials with 14 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 2,282 CZK – 4,440 CZK · fair‑value band 3,210 CZK – 5,359 CZK · the 3,720 CZK price screens below the 4,285 CZK fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
Follow Energoaqua a.s. in your weekly email
Every Wednesday you see whether Energoaqua a.s. 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.
ENERGOAQUA, a.s. engages in the manufacture, distribution, and sale of energy media and services in the thermal energy, natural gas, and electricity. The company is involved in plumbing, heating, roofing, carpentry, hazardous waste business, and telecommunications services.
Show moreShow less
It also engages in assembly, repairs, and testing of gas and electrical equipment. In addition, the company provides filling of gas container related services.
Further, it provides tests of pressure equipment, as well as offers manufacture, installation, repair of electrical machinery and devices, electronic, and telecommunications equipment. Additionally, the company is involved in rental business.
Furthermore, it engages in distribution of heat energy services. ENERGOAQUA, a.s. was founded in 1992 and is based in Ro"nov pod Radho"tem, the Czech Republic.
Stock analysis
Energoaqua a.s. (ENRGA) currently trades at 3,720 CZK, while our model-based Fair Value estimate is 4,285 CZK, implying the stock looks roughly 13% undervalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of 6,194 CZK per share, and 8 of the 14 models we run sit above the 3,720 CZK price.
Bear case: the Dividend Discount group reads lowest at 1,025 CZK, and 6 of the 14 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 3,210 CZK (bear) to 5,359 CZK (bull), the price of 3,720 CZK sits inside 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 46/100 (below-average quality), in the Utilities sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Energoaqua a.s. reported revenue of 888M CZK in FY2025 versus 785M CZK in FY2021, a compound +3.1%/yr. Reported net income was 286M CZK in FY2025, compounding +13.9%/yr from FY2021.
Key figures
Market cap 2.4B CZK (≈ $110M) Micro · P/E ratio 9.1 · P/S ratio 2.95 · EPS (TTM) 405.37 CZK · Dividend yield 4.3% · Net margin 32.2% · Return on equity 6.7% · Return on assets (EBIT) 4.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 60 out of 100 (low confidence).
What moves the price
The share trades about 16% below its 52-week high and 6% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −47% fair-value upside, at 15%, ENRGA screens cheaper than that median.
Fair Value models
Bear3,210 CZKFair Value 4,285 CZKBull5,359 CZK
Price 3,720 CZK · Upside +15.2%
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 (211.09 CZK 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.
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.33/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−2.5%
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.
+0.3%
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.
+6.5%
Start year 2020 (pandemic)
Revenue growth 6 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.
+9.2%
’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.
+13.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+9.6%
Dividend (yield on the price)4.3%
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.24% → 22%
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.Utilities - Diversified · 49 stocks
Beats the industry median on 10/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score46 · Above median
Fair Value upside+15.2% · Top 25%
Profitability
Return on equity (12 months)6.7% · Below median
Return on assets6.1% · Top 25%
Net margin (12 months)31.0% · Top 25%
Operating margin (12 months)23.9% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−11.4% · Bottom 25%
Dividend yield (12 months)4.3% · Above median
Balance sheet
Debt / equity0.08× · Lowest 25%
Valuation Multiplesvs Utilities - Diversified median · lower = cheaper
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). "Energoaqua a.s. Fair Value". https://www.fairvalue-calculator.com/stock/ENRGA
Frequently asked questions
Is Energoaqua a.s. (ENRGA) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 4,285 CZK versus the last price from Oct 16, 2026 of 3,720 CZK, about +15% upside (undervalued).
What is the fair value of ENRGA?
Our model-based fair value for Energoaqua a.s. is 4,285 CZK (as of Nov 8, 2026), built from audited fundamentals. Last price (from Oct 16, 2026): 3,720 CZK.
What is the quality score of ENRGA?
Energoaqua a.s. has a Quality Score of 46/100. 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 Energoaqua a.s. (ENRGA)?
Our model-based price target is the fair value of 4,285 CZK (as of Nov 8, 2026) from 14 valuation models. Cautious scenario 3,210 CZK, optimistic scenario 5,359 CZK. It is a calculation from audited fundamentals, not an analyst target.
What is the Energoaqua a.s. stock forecast for 2026?
Our models put fair value at 4,285 CZK, about +15% upside versus the last price from Oct 16, 2026 of 3,720 CZK (undervalued). Cautious scenario 3,210 CZK, optimistic scenario 5,359 CZK. The calculation is refreshed regularly with new filings.
What is the revenue of Energoaqua a.s. (ENRGA)?
Energoaqua a.s. reported trailing-twelve-month revenue of about 836M CZK (latest available figure, as of Nov 8, 2026).
Does Energoaqua a.s. pay a dividend?
Energoaqua a.s. currently shows a dividend yield of 4.30% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Energoaqua a.s. (ENRGA) and when is the ex-dividend date?
Energoaqua a.s. pays a dividend of 160.00 CZK per share a year, a dividend yield of 4.3%. The last ex-dividend date was Jun 22, 2026. The payout ratio is 39.5% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Energoaqua a.s. (ENRGA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Energoaqua a.s. it is 4,285 CZK per share (as of Nov 8, 2026), against a price of 3,720 CZK. It is the blended result of 14 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Energoaqua a.s. stock overvalued or undervalued in 2026?
As of Nov 8, 2026, ENRGA trades below its calculated fair value: price 3,720 CZK, fair value 4,285 CZK, a gap of about +15% (undervalued). 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 ENRGA?
No. The price is what the market pays today (3,720 CZK); the fair value is what the company's own numbers justify (4,285 CZK). For Energoaqua a.s. the two are 564.60 CZK per share apart. That gap is exactly why we show both numbers side by side.
How much is Energoaqua a.s. worth?
The market values Energoaqua a.s. at about 2.4B CZK (market capitalisation, as of Nov 8, 2026). Per share that is 3,720 CZK; our models calculate a fair value of 4,285 CZK per share.
What do the bullish and bearish scenarios say about ENRGA?
Our models span a range for Energoaqua a.s.: cautious scenario 3,210 CZK, base 4,285 CZK, optimistic 5,359 CZK per share (as of Nov 8, 2026, price 3,720 CZK). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ENRGA?
Energoaqua a.s. trades at a price-to-earnings ratio of 9.1 (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 4,285 CZK is built from several models across several years. Median P/E at fiscal year-end, 7 fiscal years (2019 to 2025), reported earnings: 8.8. Other multiples: P/B 0.6, P/S 2.8, EV/EBITDA 9.6.
How solid is the balance sheet of Energoaqua a.s. (ENRGA)?
Balance-sheet figures for Energoaqua a.s. (as of Nov 8, 2026): return on equity 6.7%, debt of 0.08 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is ENRGA from its 52-week high?
Energoaqua a.s. trades at 3,720 CZK, about 16% below its 52-week high of 4,440 CZK and 6% above the low of 3,520 CZK (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 4,285 CZK is for.
Which stocks are comparable to Energoaqua a.s.?
From the same area (Utilities) we also value Iberdrola, S.A, Enel SpA, Engie SA, E.ON SE, 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 Energoaqua a.s. stock attractive at the current price?
The data as of Nov 8, 2026: price 3,720 CZK, calculated fair value 4,285 CZK (+15%), Quality Score 46/100, from 14 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 ENRGA calculated?
We run Energoaqua a.s. through 14 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 4,285 CZK 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 13.7% above its aggregate fair value. Energoaqua a.s. currently trades 13% below its own fair value, and the market average says nothing about that. 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 Energoaqua a.s. (ENRGA)?
The latest price we hold is from Oct 16, 2026 and stands at 3,720 CZK. Our model-based fair value is 4,285 CZK, about +15% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Energoaqua a.s. right now?
The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Energoaqua a.s.
How large is the market capitalisation of Energoaqua a.s. (ENRGA)?
The market capitalisation of Energoaqua a.s. is 2.4B CZK (≈ $110M). 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 Energoaqua a.s. (ENRGA)?
The price-to-sales ratio of Energoaqua a.s. is 2.95 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Energoaqua a.s. (ENRGA)?
Earnings per share at Energoaqua a.s. are 405.37 CZK (price ÷ EPS = P/E 9.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Energoaqua a.s. (ENRGA)?
The dividend yield of Energoaqua a.s. is 4.3% (payout 39.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Energoaqua a.s. (ENRGA)?
The net margin of Energoaqua a.s. is 32.2% (fiscal year 2025). 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 Energoaqua a.s. (ENRGA)?
The return on equity (ROE) of Energoaqua a.s. is 6.7% (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 Energoaqua a.s. (ENRGA)?
On an EBIT basis the return on assets of Energoaqua a.s. is 4.6% (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 Energoaqua a.s. (ENRGA)?
The operating margin of Energoaqua a.s. is 23.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Energoaqua a.s. (ENRGA)?
Revenue at Energoaqua a.s. is growing −11.4% versus a year earlier (3y avg +0.3%). 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 Energoaqua a.s. (ENRGA)?
Earnings per share at Energoaqua a.s. are growing −13.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Energoaqua a.s. (ENRGA) generate?
The free cash flow of Energoaqua a.s. is −253M CZK (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Energoaqua a.s. (ENRGA) carry?
The net debt of Energoaqua a.s. is 8.8M CZK (fiscal year 2019). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Energoaqua a.s. in the live analysis
One click puts Energoaqua a.s. 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