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Capricorn Energy PLC (CNE) Fair Value & Analysis

Energy · GB · Market cap 235M GBX

CE Capricorn Energy PLC CNE · LSE
Price£3.45
Fair Value£4.03
Upside+16.8%
Quality66/100
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Evidence: High Range £4.00 – £4.94

Fair value as of: Jul 18, 2026

From 26 valuation models · updated today

Share price +12.0% over the past month.

Price vs Fair Value (12 months)

£3.48 £1.83 Fair Value £4.03 Jul 2025 Jul 2026

12‑month range £1.83 – £3.48 · fair‑value band £4.00 – £4.94 · the £3.45 price screens below the £4.03 fair value. As of Jul 18, 2026.

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Analysis

Capricorn Energy PLC (CNE) currently trades at £3.45, while our model-based Fair Value estimate is £4.03, implying the stock looks roughly 16.8% undervalued today. We read business quality at 66/100 (solid quality), in the Energy sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Capricorn Energy PLC generated revenue of £135M at a net margin of 14.1%. Revenue declined 26.1% year over year. It earns a return on equity of 4.6%. The balance sheet holds a net cash position of £86.7M. Fundamentals as of Jul 18, 2026

Our scenario range runs from £4.00 (bear case) to £4.94 (bull case); at £3.45, the current price sits below that range. For context, the median of 10 Energy peers we cover trades at -24% fair-value upside, at 17%, CNE screens cheaper than that median.

Key figures & financial health

Revenue (TTM) £135M
Revenue growth (YoY) -26.1%
Net margin 14.1%
Return on equity 4.6%
Free cash flow £68.0M FY2025
P/E ratio 19.6
More key figures
Operating margin 11.4%
EPS (TTM) £0.1700
Net cash £86.7M FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 18, 2026. TTM = trailing twelve months.

About the company

Capricorn Energy PLC, an independent energy company, engages in the exploration, development, production, and sale of oil and gas the United Kingdom and internationally. It holds a portfolio of onshore development and production assets in the Egyptian Western Desert. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021. Capricorn Energy PLC was founded in 1980 and is headquartered in Edinburgh, the United Kingdom.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Capricorn Energy PLC reported revenue of £138M in FY2025 versus £57.1M in FY2021, a compound +24.6%/yr. Reported net income was £19.4M in FY2025, compounding −61.6%/yr from FY2021.

Revenue +24.6%/yr
FY21 £57.1M
FY22 £230M
FY23 £255M
FY24 £178M
FY25 £138M
Net income −61.6%/yr
FY21 £895M
FY22 −£67.1M
FY23 −£144M
FY24 £10.6M
FY25 £19.4M

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Cite: Fair Value Calculator (2026). "Capricorn Energy PLC Fair Value". https://www.fairvalue-calculator.com/stock/CNE.LSE

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10 more Oil & Gas E&P stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

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CNOOC Limited 600938 ¥30.54 ¥28.25 -7%
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Canadian Natural Resources Limited CNQ $45.52 $70.50 +55%
EOG Resources, Inc EOG $140.28 $106.89 -24%
Occidental Petroleum Corporation OXY $52.00 $30.68 -41%
Devon Energy Corporation DVN $45.99 $29.51 -36%
Diamondback Energy, Inc F1AN34 R$478.77 R$279.12 -42%
Woodside Energy Group WOPEF $19.61 $20.68 +5%
EQT Corporation EQT $51.84 $48.58 -6%
Texas Pacific Land Corporation TPL $375.18 $91.33 -76%

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Frequently asked questions

Is Capricorn Energy PLC (CNE) undervalued?
As of Jul 18, 2026, our model estimates a fair value of £4.03 versus a price of £3.45, about +17% (undervalued). Model-based estimate, not financial advice.
What is the fair value of CNE?
Our model-based fair value for Capricorn Energy PLC is £4.03 (as of Jul 18, 2026), built from audited fundamentals. The current price is £3.45.
What is the quality score of CNE?
Capricorn Energy PLC has a Quality Score of 66/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Capricorn Energy PLC (CNE)?
Capricorn Energy PLC reported trailing-twelve-month revenue of about £135M (latest available figure, as of Jul 18, 2026).
What is the net profit margin of CNE?
The net profit margin of Capricorn Energy PLC is about 14.1%, meaning it keeps roughly 14.1% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.