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Energa SA (ENG) Fair Value & Analysis

Utilities · PL · Market cap 7.9B PLN

ES Energa SA ENG · WAR
Price18.62 PLN
Fair Value48.00 PLN
Upside+157.8%
Quality92/100
Evidence: High Range 33.60 PLN – 62.39 PLN

Fair value as of: Jun 25, 2026

From 16 valuation models · updated 4 days ago

Share price −0.5% over the past month.

Price vs Fair Value (12 months)

21.29 PLN 11.56 PLN Fair Value 48.00 PLN Jun 2025 Jun 2026

12‑month range 11.56 PLN – 21.29 PLN · fair‑value band 33.60 PLN – 62.39 PLN · the 18.62 PLN price screens below the 48.00 PLN fair value. As of Jun 25, 2026.

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Analysis

Energa SA (ENG) currently trades at 18.62 PLN, while our model-based Fair Value estimate is 48.00 PLN — implying the stock looks roughly 157.8% undervalued today. We read business quality at 92/100 (high 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: high) — always confirm before acting.

Over the trailing twelve months, Energa SA generated revenue of 21.5B PLN at a net margin of 7.0%. Revenue grew 9.2% year over year. It earns a return on equity of 11.0%. Net debt stands at 13.5B PLN. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) 21.5B PLN
Revenue growth (YoY) +9.2%
Net margin 7.0%
Return on equity 11.0%
Free cash flow −660M PLN FY2025
P/E ratio 5.3
More key figures
Operating margin 18.1%
EPS (TTM) 3.59 PLN
EPS growth (YoY) +58.2%
Net debt 13.5B PLN FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

Energa SA, together with its subsidiaries, engages in the generation, distribution, trading, and sale of electricity and heat in Poland. It operates through three segments: Distribution, Generation, and Sales. The company generates electricity through coal, hydropower, wind, biomass, and photovoltaic power plants. It also provides real estate management, lighting, repair and service, and logistics and supply services. In addition, the company engages in the teleinformatics; distribution of heat; and information and communication technologies business. The company was founded in 2006 and is headquartered in Gdansk, Poland. Energa SA operates as a subsidiary of Orlen S.A.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Energa SA reported revenue of 21.7B PLN in FY2025 versus 13.7B PLN in FY2021, a compound +12.3%/yr. Reported net income was 1.2B PLN in FY2025, compounding +6.5%/yr from FY2021.

Revenue +12.3%/yr
FY21 13.7B PLN
FY22 20.4B PLN
FY23 22.1B PLN
FY24 20.9B PLN
FY25 21.7B PLN
Net income +6.5%/yr
FY21 968M PLN
FY22 967M PLN
FY23 617M PLN
FY24 305M PLN
FY25 1.2B PLN

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Similar stocks

6 more Utilities - Regulated Electric stocks, each showing price versus our Fair Value estimate (as of Jun 25, 2026).

Stock Price Fair Value vs Fair Value
NextEra Energy, Inc NEE $85.12 $32.94 -61%
The Southern Company SO $90.51 $40.76 -55%
Duke Energy Corporation DUK $121.82 $63.83 -48%
National Grid plc NGG 61,175 ARS 43,169 ARS -29%
American Electric Power Company A1EP34 R$333.63 R$185.68 -44%
Dominion Energy, Inc D $68.04 $38.74 -43%

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Frequently asked questions

Is Energa SA (ENG) undervalued?
As of Jun 25, 2026, our model estimates a fair value of 48.00 PLN versus a price of 18.62 PLN — about +158% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ENG?
Our 21-model fair value for Energa SA is 48.00 PLN (as of Jun 25, 2026), built from audited fundamentals. The current price is 18.62 PLN.
What is the quality score of ENG?
Energa SA has a Quality Score of 92/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Energa SA (ENG)?
Energa SA reported trailing-twelve-month revenue of about 21.5B PLN (latest available figure, as of Jun 25, 2026).
What is the net profit margin of ENG?
The net profit margin of Energa SA is about 7.0%, meaning it keeps roughly 7.0% 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.

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