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Cox Energy, S.A. (COXE) Fair Value & Analysis

Utilities · ES · Market cap €320M

CE Cox Energy, S.A. COXE · MC
Price€1.73
Fair Value€3.70
Upside+113.9%
Quality49/100
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Evidence: Medium Range €2.50 – €4.80

Fair value as of: Jul 13, 2026

From 24 valuation models · updated yesterday

Fair value updated Jul 13, 2026 — revised from €74.66 to €3.70 (−95.0%) since Jun 25, 2026. Share price +1.8% over the past month.

Price vs Fair Value (12 months)

€1.93 €1.17 Fair Value €3.70 Jul 2025 Jul 2026

12‑month range €1.17 – €1.93 · fair‑value band €2.50 – €4.80 · the €1.73 price screens below the €3.70 fair value. As of Jul 13, 2026.

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Analysis

Cox Energy, S.A. (COXE) currently trades at €1.73, while our model-based Fair Value estimate is €3.70 — implying the stock looks roughly 113.9% undervalued today. We read business quality at 49/100 (below-average quality), in the Utilities 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: medium) — always confirm before acting.

Over the trailing twelve months, Cox Energy, S.A. generated revenue of €10.2B at a net margin of 1.5%. Revenue declined 23.8% year over year. It earns a return on equity of 16.6%. Net debt stands at €748M. Fundamentals as of Jul 13, 2026

Our scenario range runs from €2.50 (bear case) to €4.80 (bull case); at €1.73, the current price sits below that range. The share trades about 3% below its 52-week high and 48% above its 52-week low, currently above its 200-day average. For context, the median of 10 Utilities peers we cover trades at -28% fair-value upside — at 114%, COXE screens cheaper than that median.

Key figures & financial health

Revenue (TTM) €10.2B
Revenue growth (YoY) -23.8%
Net margin 1.5%
Return on equity 16.6%
Free cash flow €311M FY2025
P/E ratio 43.3
More key figures
Operating margin -1.9%
EPS (TTM) €0.0400
EPS growth (YoY) +632%
Net debt €748M FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 13, 2026. TTM = trailing twelve months.

About the company

Cox Energy, S.A.B. de C.V. engages in the management, development, and operation of portfolio of renewable energy projects in Europe and Latin America. It develops and operates photovoltaic solar assets. The company operates a portfolio of projects with a capacity of 1,808 MWh located in Mexico, Panama, Guatemala, Algeria, Brazil, Switzerland, Colombia, Latin America, Chile, Central America, Spain, and the Caribbean. It is also involved in the provision of project development, financing, asset management, energy supply, and operation and maintenance services. The company was founded in 2014 and is based in Mexico City, Mexico. Cox Energy, S.A.B. de C.V. is a subsidiary of Cox ABG Group, S.A.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cox Energy, S.A. reported revenue of €10.8B in FY2025 versus €23.6M in FY2021, a compound +362.1%/yr. Reported net income was €316M in FY2025.

Revenue +362.1%/yr
FY21 €23.6M
FY22 €427M
FY23 €1.2B
FY24 €5.0B
FY25 €10.8B
Net income
FY21 −€427M
FY22 −€270M
FY23 −€271M
FY24 €211M
FY25 €316M

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Cite: Fair Value Calculator (2026). "Cox Energy, S.A. Fair Value". https://www.fairvalue-calculator.com/stock/COXE

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10 more Utilities - Renewable stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

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BEPUN BEPUN C$50.55 C$27.28 -46%
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BEP BEP $35.24 $53.74 +52%
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Frequently asked questions

Is Cox Energy, S.A. (COXE) undervalued?
As of Jul 13, 2026, our model estimates a fair value of €3.70 versus a price of €1.73 — about +114% (undervalued). Model-based estimate, not financial advice.
What is the fair value of COXE?
Our model-based fair value for Cox Energy, S.A. is €3.70 (as of Jul 13, 2026), built from audited fundamentals. The current price is €1.73.
What is the quality score of COXE?
Cox Energy, S.A. has a Quality Score of 49/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Cox Energy, S.A. (COXE)?
Cox Energy, S.A. reported trailing-twelve-month revenue of about €10.2B (latest available figure, as of Jul 13, 2026).
What is the net profit margin of COXE?
The net profit margin of Cox Energy, S.A. is about 1.5%, meaning it keeps roughly 1.5% 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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