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E4U a.s. invests in and (EFORU) Fair Value & Analysis

Energy · CZ · Market cap 708M CZK

EA E4U a.s. invests in and EFORU · PR
Price330.00 CZK
Fair Value209.39 CZK
Upside-36.6%
Quality87/100
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Weak Growth
Highly profitable · 59.3% net margin
generates free cash flow
Mixed vs. peers (6/12)
Wide moat 84/100
Evidence: High Range 168.40 CZK – 312.75 CZK Share as image

Fair value as of: Jul 15, 2026

From 22 valuation models · updated 26 days ago

A strong business, but screening 37% overvalued on our models.

What matters now

  • A high-quality business (quality 87/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (312.75 CZK). The favourable scenario is already priced in.
  • A fairly wide model range (168.40 CZK to 312.75 CZK) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

396.00 CZK 71.97 CZK Fair Value 209.39 CZK Mar 2021 Jun 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range 71.97 CZK – 396.00 CZK · fair‑value band 168.40 CZK – 312.75 CZK · the 330.00 CZK price screens above the 209.39 CZK fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

E4U a.s. invests in and (EFORU) currently trades at 330.00 CZK, while our model-based Fair Value estimate is 209.39 CZK, implying the stock looks roughly 36.6% overvalued today. The Quality Score stands at 87/100 (high quality), in the Energy sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, E4U a.s. invests in and generated revenue of 89.9M CZK at a net margin of 59.3%. Revenue declined 9.7% year over year. It earns a return on equity of 21.6%. The stock trades on a trailing P/E of 18.2. Fundamentals as of Jul 15, 2026

Our scenario range runs from 168.40 CZK (bear case) to 312.75 CZK (bull case); at 330.00 CZK, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 18% below its 52-week high and 18% above its 52-week low, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at 26% fair-value upside, at -37%, EFORU screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

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. Evidence
Highest evidence
Residual Income 118.02 CZK 142.92 CZK 312.59 CZK 76
Growth DCF 254.18 CZK 316.32 CZK 419.17 CZK 72
Gordon GGM 326.29 CZK 390.28 CZK 453.06 CZK 70
All 22 models by family
DCF Models
FCF DCF 247.80 CZK 312.82 CZK 430.17 CZK 38
5Y Revenue Exit 125.96 CZK 143.46 CZK 169.65 CZK 39
5Y EBITDA Exit 180.10 CZK 235.35 CZK 310.49 CZK 41
5Y P/E Exit 224.55 CZK 310.80 CZK 416.24 CZK 38
10Y Revenue Exit 176.76 CZK 199.04 CZK 220.49 CZK 36
10Y EBITDA Exit 207.87 CZK 254.43 CZK 304.30 CZK 37
10Y P/E Exit 232.84 CZK 299.92 CZK 367.23 CZK 35
Earnings-Based
Graham-Dodd 151.58 CZK 253.71 CZK 308.52 CZK 54
EPV 162.40 CZK 183.85 CZK 201.73 CZK 59
Dividend Discount
Gordon GGM 326.29 CZK 390.28 CZK 453.06 CZK 70
DDM Multi-Stage 326.29 CZK 414.39 CZK 511.02 CZK 61
Multiples
P/E Multiple 234.06 CZK 312.09 CZK 390.11 CZK 63
P/S Multiple 33.83 CZK 45.11 CZK 56.38 CZK 58
P/B Multiple 125.82 CZK 167.76 CZK 209.70 CZK 55
EV/EBIT 191.77 CZK 254.00 CZK 316.22 CZK 53
EV/EBITDA 148.88 CZK 196.80 CZK 244.73 CZK 54
EV/Revenue 36.68 CZK 50.21 CZK 63.74 CZK 43
Asset-Based
NCAV (Graham) 46.60 CZK 62.44 CZK 93.20 CZK 50
Growth DCF
Growth DCF 254.18 CZK 316.32 CZK 419.17 CZK 72
Economic Profit
Residual Income 118.02 CZK 142.92 CZK 312.59 CZK 76
ROIC Compounder 164.53 CZK 189.22 CZK 214.70 CZK 67
Growth Earnings
Growth-Adj P/E 168.40 CZK 240.57 CZK 312.75 CZK 68

Widest divergence: Dividend Discount (390.28 CZK) versus Asset-Based (62.44 CZK). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 89.9M CZK
Revenue growth (YoY) -9.7%
Net margin 59.3%
Return on equity 21.6%
Free cash flow 69.1M CZK FY2025
P/E ratio 18.2
More key figures
Operating margin 57.8%
EPS (TTM) 18.25 CZK
EPS growth (YoY) -19.7%

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 87/100

Of which business quality 82 · Market factors (momentum, volatility) 51

Profitability 75
Margins and returns on capital today
Quality Growth 67
Are margins and returns improving?
Cashflow 88
Earnings quality: real cash, not paper profit
Fin. Strength 83
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 31
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

E4U a.s. invests in and operates renewable energy plants in the Czech Republic. It operates two solar parks, Dubnany and Ratiskovice power stations with a total installed capacity of 4.4 MWp in the area of Southern Moravian region. The company was founded in 2006 and is based in Dubnany, the Czech Republic. E4U a.s. operatrs as a subsidiary of E4U Finance s.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

E4U a.s. invests in and reported revenue of 89.9M CZK in FY2025 versus 86.1M CZK in FY2021, a compound +1.1%/yr. Reported net income was 53.3M CZK in FY2025, compounding +5.1%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
89.9M CZK
Latest YoY
+2.9%
Avg. growth/yr (3Y) 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.
−0.2%
Avg. growth/yr (5Y) 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.
+1.5%
Avg. growth/yr (6Y) 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.
+1.2%
Revenue +1.1%/yr
FY21 86.1M CZK
FY22 90.6M CZK
FY23 92.5M CZK
FY24 87.4M CZK
FY25 89.9M CZK
Net income +5.1%/yr
FY21 43.7M CZK
FY22 49.4M CZK
FY23 44.9M CZK
FY24 51.0M CZK
FY25 53.3M CZK

EFORU screens 37% overvalued. Compare with Saudi Arabian Oil Company →

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Cite: Fair Value Calculator (2026). "E4U a.s. invests in and Fair Value". https://www.fairvalue-calculator.com/stock/EFORU

Peer Group

Energy · 1218 stocks

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.

Quality Score 87 · Top 25%
Fair Value upside −37% · Below median
Return on equity (TTM) 22% · Top 25%
Return on assets 13% · Top 25%
Net margin (TTM) 59% · Top 25%
Operating margin (TTM) 58% · Top 25%
Revenue growth -10% · Below median

Valuation Multiples vs Energy median · lower = cheaper

P/E (TTM) 18.2× · Pricier than median
P/B 3.18× · Pricier than 75% of peers
P/S (TTM) 7.88× · Pricier than 75% of peers
P/FCF 0.5× · Cheaper than median
EV/EBITDA 9.3× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 6
FUTURE 0 · sector 2
PAST 87 · sector 18
HEALTH 0 · sector 91
DIVIDEND 0 · sector 51

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Oil & gas

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Energy stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
Saudi Arabian Oil Company 2222 26.72 SAR 20.14 SAR -25%
PetroChina Company 601857 ¥10.29 ¥16.51 +60%
Shell plc SHELL 854.00 CZK 1,073 CZK +26%
Reliance Industries Limited RELIANCE ₹1,293 ₹835.66 -35%
Petróleo Brasileiro S.A PETR3 12,540 ARS 30,914 ARS +147%
Adani Enterprises Limited ADANIENT ₹3,157 ₹901.17 -71%
Oil and Natural Gas Corporation ONGC ₹244.96 ₹490.40 +100%
Coal India Limited COALINDIA ₹427.65 ₹464.01 +9%
YPF Sociedad Anónima, an energy company, YPFD 76,675 ARS 43,512 ARS -43%
Indian Oil Corporation IOC ₹138.96 ₹417.35 +200%

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Frequently asked questions

Is E4U a.s. invests in and (EFORU) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of 209.39 CZK versus a price of 330.00 CZK, about −37% (overvalued).
What is the fair value of EFORU?
Our model-based fair value for E4U a.s. invests in and is 209.39 CZK (as of Jul 15, 2026), built from audited fundamentals. The current price is 330.00 CZK.
What is the quality score of EFORU?
E4U a.s. invests in and has a Quality Score of 87/100. 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 revenue of E4U a.s. invests in and (EFORU)?
E4U a.s. invests in and reported trailing-twelve-month revenue of about 89.9M CZK (latest available figure, as of Jul 15, 2026).
What is the net profit margin of EFORU?
The net profit margin of E4U a.s. invests in and is about 59.3%, meaning it keeps roughly 59.3% 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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