Uniper SE (0RJ4) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Uniper SE €23.70, price €47.23, upside -49.8%, quality 45 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range €27.50 – €828.15 · fair‑value band €18.17 – €24.49 · the €47.23 price screens above the €23.70 fair value. Dashed = 300-day average. As of Oct 3, 2026.
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Uniper SE operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally. It operates through Green Generation, Flexible Generation, and Greener Commodities segments.
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Uniper SE operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally. It operates through Green Generation, Flexible Generation, and Greener Commodities segments. The Green Generation segment operates renewable and low carbon power generation facilities, including hydroelectric, nuclear, wind, and solar power plants. The Flexible Generation segment operates gas-fired power plants, such as combined-cycle gas turbine power plants, coal, and oiled-fired power plants; as well as the provision of energy services. The Greener Commodities segment optimizes and sells natural gas to distributors, large industrial customers, power plant operators, and international energy markets. This segment also engages in gas storage operations; infrastructure investments; import, trade, and process or store renewable and low carbon fuels comprising hydrogen, biomethane, and ammonia; procurement of fuels; trading emission allowances; marketing and optimizing electricity generated; and trading green certificates for the supply of green energy. The company was founded in 1894 and is headquartered in Düsseldorf, Germany. Uniper SE is a subsidiary of UBG Uniper Beteiligungsholding GmbH.
Stock analysis
Uniper SE (0RJ4) currently trades at €47.23, while our model-based Fair Value estimate is €23.70, 49.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of €23.28 per share, and 1 of the 14 models we run sit above the €47.23 price.
Bear case: the Earnings-Based group reads lowest at €8.68, and 13 of the 14 models stay below the price. Evidence for this calculation is low.
Scenario range: €18.17 (bear) to €24.49 (bull), the price of €47.23 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 45/100 (below-average quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Uniper SE reported revenue of €51.0B in FY2020 versus €67.3B in FY2016, a compound −6.7%/yr. Reported net income was €396M in FY2020.
Key figures
Market cap €14.6B · P/S ratio 0.26 · Dividend yield 6.5% · Net margin 0.8% · Return on equity 14.5% · Return on assets (EBIT) −1.0% · Operating margin 2.4% · Revenue (TTM) €57.2B.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (medium confidence).
What moves the price
The share trades about 10% below its 52-week high and 72% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −40% fair-value upside, at −50%, 0RJ4 screens richer than that median.
Fair Value models
Bear €18.17Fair Value €23.70Bull €24.49
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.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.Evidence ⓘEvidence = 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.11/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−22.5%
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.
−11.0%
’16
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’18
’19
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Profit margin (trend) ⓘ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.
−5.9% (2016) → 1.2% (2020)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no share-count history
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Independent Power Producers” was too small, so the broader sector is used.)Industrials · 5353 stocks
Beats the sector median on 5/12 measures
A mixed picture versus its sector peers.
Valuation
Quality Score45 · Below median
Fair Value upside−52.1% · Below median
Profitability
Return on equity (TTM)14.5% · Top 25%
Return on assets1.2% · Below median
Net margin (TTM)2.9% · Below median
Operating margin (TTM)2.4% · Below median
Growth and dividend
Revenue growth−18.4% · Bottom 25%
Dividend yield (TTM)6.5% · Top 25%
Balance sheet
Debt / equity0.08× · Below median
Valuation Multiplesvs Industrials median · lower = cheaper
P/B1.53× · Cheaper than median
P/S (TTM)0.29× · Cheapest 25%
EV/EBITDA15.2× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 17
FUTURE (revenue growth)0· sector 35
PAST (return on equity)58· sector 29
HEALTH (low debt)96· sector 94
DIVIDEND (yield)100· sector 36
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). "Uniper SE Fair Value". https://www.fairvalue-calculator.com/stock/0RJ4
Frequently asked questions
Is Uniper SE (0RJ4) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of €23.70 versus a price of €47.23, about −50% upside (overvalued).
What is the fair value of 0RJ4?
Our model-based fair value for Uniper SE is €23.70 (as of Oct 3, 2026), built from audited fundamentals. The current price: €47.23.
What is the quality score of 0RJ4?
Uniper SE has a Quality Score of 45/100. 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 Uniper SE (0RJ4)?
Our model-based price target is the fair value of €23.70 (as of Oct 3, 2026) from 14 valuation models. Cautious scenario €18.17, optimistic scenario €24.49. It is a calculation from audited fundamentals, not an analyst target.
What is the Uniper SE stock forecast for 2026?
Our models put fair value at €23.70, about −50% upside versus a price of €47.23 (overvalued). Cautious scenario €18.17, optimistic scenario €24.49. The calculation is refreshed regularly with new filings.
What is the revenue of Uniper SE (0RJ4)?
Uniper SE reported trailing-twelve-month revenue of about €57.2B (latest available figure, as of Oct 3, 2026).
Does Uniper SE pay a dividend?
Uniper SE currently shows a dividend yield of about 6.52% relative to its recent price (as of Oct 3, 2026).
What is the intrinsic value of Uniper SE (0RJ4)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Uniper SE it is €23.70 per share (as of Oct 3, 2026), against a price of €47.23. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Uniper SE stock overvalued or undervalued in 2026?
As of Oct 3, 2026, 0RJ4 trades above its calculated fair value: price €47.23, fair value €23.70, a gap of about −50% (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 0RJ4?
No. The price is what the market pays today (€47.23); the fair value is what the company's own numbers justify (€23.70). For Uniper SE the two are €23.53 per share apart. That gap is exactly why we show both numbers side by side.
How much is Uniper SE worth?
The market values Uniper SE at about €14.6B (market capitalisation, as of Oct 3, 2026). Per share that is €47.23; our models calculate a fair value of €23.70 per share.
What do the bullish and bearish scenarios say about 0RJ4?
Our models span a range for Uniper SE: cautious scenario €18.17, base €23.70, optimistic €24.49 per share (as of Oct 3, 2026, price €47.23). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Uniper SE (0RJ4)?
Balance-sheet figures for Uniper SE (as of Oct 3, 2026): return on equity 14.5%, debt of 0.08 per unit of equity. They feed the Quality Score of 45/100, which measures business quality independently of the share price.
How far is 0RJ4 from its 52-week high?
Uniper SE trades at €47.23, about 10% below its 52-week high of €52.68 and 72% above the low of €27.50 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of €23.70 is for.
Which stocks are comparable to Uniper SE?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, Delta Electronics (Thailand) Public Company, Larsen & Toubro Limited, Samsung C&T Corporation, 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 Uniper SE stock attractive at the current price?
The data as of Oct 3, 2026: price €47.23, calculated fair value €23.70 (−50%), Quality Score 45/100, 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 0RJ4 calculated?
We run Uniper SE through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €23.70, 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 14.5 % above its aggregate fair value. Uniper SE 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 Uniper SE (0RJ4)?
The closing price on Oct 2, 2026 was €47.23. Our model-based fair value is €23.70, about −50% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Uniper SE right now?
The price sits above even our optimistic bull case (€24.49). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (45/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Uniper SE
How large is the market capitalisation of Uniper SE (0RJ4)?
The market capitalisation of Uniper SE is €14.6B. 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 Uniper SE (0RJ4)?
The price-to-sales ratio of Uniper SE is 0.26 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Uniper SE (0RJ4)?
The dividend yield of Uniper SE is 6.5%. 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 Uniper SE (0RJ4)?
The net margin of Uniper SE is 0.8% (fiscal year 2020). 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 Uniper SE (0RJ4)?
The return on equity (ROE) of Uniper SE is 14.5% (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 Uniper SE (0RJ4)?
On an EBIT basis the return on assets of Uniper SE is −1.0% (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 Uniper SE (0RJ4)?
The operating margin of Uniper SE is 2.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Uniper SE (0RJ4)?
Revenue at Uniper SE is growing −18.4% versus a year earlier (3y avg −11.0%). 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 Uniper SE (0RJ4)?
Earnings per share at Uniper SE are growing +300% versus a year earlier. How much earnings per share grew versus a year earlier.
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