EN DE
STOCK COMPARISON

EnBW Energie Baden-Württemberg vs Iberdrola S.A.: Fair Value & Quality

Both stocks run through our valuation models. Here is how EnBW Energie Baden-Württemberg (EBK) and Iberdrola S.A. (IBE) compare, as of Aug 8, 2026.

As of Aug 8, 2026, Fair Value Calculator sees Iberdrola S.A. as the less overvalued of the two: EnBW Energie Baden-Württemberg trades at €66.40 versus a fair value of €21.11 (-68%), while Iberdrola S.A. trades at €20.72 versus €9.34 (-55%).
EnBW Energie Baden-Württemberg
EBK.XETRA · EUR · Utilities
-68%
upside to fair value
overvalued
Price€66.40
Fair Value€21.11
Quality38/100
Iberdrola S.A.
IBE.MC · EUR · Utilities
-55%
upside to fair value
overvalued
Price€20.72
Fair Value€9.34
Quality56/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

EnBW Energie Baden-WürttembergIberdrola S.A.
Valuation
99.1×P/E (TTM)26.2×
0.75×P/S (TTM)3.65×
2.01×P/B3.18×
10.6×EV/EBITDA14.2×
9.35×PEG3.50×
2.5%Dividend yield3.2%
€1.70Dividend per share€0.68
Profitability
-2%Net margin14%
7%Operating margin22%
0%Return on equity10%
2%Return on assets4%
Growth
-2%Revenue growth (YoY)-5%
-15.0%Avg. growth/yr (3Y)-5.5%
11.8%Avg. growth/yr (5Y)6.6%
Balance & size
1.37×Debt / equity0.84×
$26BMarket cap$159B
mixedGrowth qualityexpensive

Iberdrola S.A. leads: 5 to 9 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

EnBW Energie Baden-Württembergof which business quality 34 · market factors 52 Iberdrola S.A.of which business quality 42 · market factors 77
ProfitabilityMargins and returns on capital today
15
35
Quality GrowthAre margins and returns improving?
12
43
CashflowEarnings quality: real cash, not paper profit
69
39
Fin. StrengthBalance sheet, leverage, solvency risk
14
29
InvestmentDisciplined investing over empire-building
76
59
Low VolatilityCalm price path (market factor)
88
97
MomentumPrice trend over the last 3–12 months (market factor)
38
62
52W MomentumDistance to the 52-week high (market factor)
34
81
Net IssuanceBuybacks instead of dilution
27
64

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

EnBW Energie Baden-Württemberg

DCF Models€47.42
Dividend Discount€13.14
Multiples€21.11
Asset-Based€12.05
Growth DCF€53.19

12 of 14 models see the stock below the current price.

Iberdrola S.A.

DCF Models€8.08
Earnings-Based€8.64
Dividend Discount€3.06
Multiples€17.69
Asset-Based€5.10
Growth DCF€7.98
Economic Profit€8.89
Growth Earnings€15.91

21 of 23 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

EnBW Energie Baden-Württemberg
Bear €21.11Fair Value €21.11Bull €39.41
€66.40 = current price (white tick)
Iberdrola S.A.
Bear €7.38Fair Value €9.34Bull €18.78
€20.72 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

EnBW Energie Baden-Württemberg · Utilities

Quality score38 · bottom 25%
Fair value upside-68% · bottom 25%

Iberdrola S.A. · Utilities

Quality score56 · Top 25%
Fair value upside-55% · bottom 25%

Bottom line

As of Aug 8, 2026, Fair Value Calculator sees Iberdrola S.A. as the less overvalued of the two: EnBW Energie Baden-Württemberg trades at €66.40 versus a fair value of €21.11 (-68%), while Iberdrola S.A. trades at €20.72 versus €9.34 (-55%).

Iberdrola S.A. has the higher quality score (56/100).

See the full analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.