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Eurohold Bulgaria AD (EHG) Fair Value & Analysis

Utilities · PL · Market cap 1.1B PLN

Price4.62 PLN
Fair Value2.62 PLN
Upside-43.3%
Quality94/100
Evidence: High Range 1.37 PLN – 3.87 PLN

Fair value as of: Jun 26, 2026

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Analysis

Eurohold Bulgaria AD (EHG) currently trades at 4.62 PLN, while our model-based Fair Value estimate is 2.62 PLN — implying the stock looks roughly 43.3% overvalued today. We read business quality at 94/100 (high quality), in the Utilities 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).

About the company

Eurohold Bulgaria AD engages in the energy business in Bulgaria, North Macedonia, Greece, Romania, Belarus, Georgia, Ukraine, Spain, Italy, Poland, Germany, the United Kingdom, and the Netherlands. It operates through Energy, Insurance, and Financial Services segments. The company offers energy services comprising access to and transmission of electrical energy through the power distribution network; connection of new users to the power distribution network; public supply and trading in electrical energy for residential and business customers; information, communication, and technological services; commercial consulting, purchase, and sale of equipment and materials; and production and trading of energy from renewable sources. It also provides general, life, and travel insurance. In addition, the company offers investment intermediary; investment banking; and asset management services. Further, it is involved in car leasing and sale; and brokerage activities. The company was founded…

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Frequently asked questions

Is Eurohold Bulgaria AD (EHG) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 2.62 PLN versus a price of 4.62 PLN — about −43% (overvalued). Model-based estimate, not financial advice.
What is the fair value of EHG?
Our 21-model fair value for Eurohold Bulgaria AD is 2.62 PLN (as of Jun 26, 2026), built from audited fundamentals. The current price is 4.62 PLN.
What is the quality score of EHG?
Eurohold Bulgaria AD has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

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.

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