Gelsenwasser AG
F:WWG

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Gelsenwasser AG
F:WWG
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Price: 540 EUR Market Closed
Market Cap: €1.9B

P/FCFE

18
Current
4%
Cheaper
vs 3-y average of 18.8

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
18
=
Market Cap
€1.9B
/
Free Cash Flow to Equity
€103m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
18
=
Market Cap
€1.9B
/
Free Cash Flow to Equity
€103m

Valuation Scenarios

Gelsenwasser AG is trading below its 3-year average

If P/FCFE returns to its 3-Year Average (18.8), the stock would be worth €564.47 (5% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-29%
Maximum Upside
+27%
Average Upside
6%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 18 €540
0%
3-Year Average 18.8 €564.47
+5%
5-Year Average 22.9 €687.41
+27%
Industry Average 12.7 €381.52
-29%
Country Average 22 €658.47
+22%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
DE
Gelsenwasser AG
F:WWG
1.9B EUR 18 18
UK
National Grid PLC
LSE:NG
64.9B GBP -19.8 22.5
FR
Engie SA
PAR:ENGI
68.3B EUR -9.8 18.5
US
Sempra Energy
NYSE:SRE
61.8B USD -185 34.4
DE
E.ON SE
XETRA:EOAN
49.4B EUR -18.7 28.5
US
Dominion Energy Inc
NYSE:D
56.2B USD -30.5 19
DE
RWE AG
XETRA:RWE
44.2B EUR -34.4 14.1
US
Sempra
VSE:SREN
43.4B EUR -149.6 27.8
US
Public Service Enterprise Group Inc
NYSE:PEG
39.9B USD 68.4 18.9
US
Consolidated Edison Inc
NYSE:ED
39.9B USD -131.9 19.7
US
WEC Energy Group Inc
NYSE:WEC
38.2B USD 361.6 24.6
P/FCFE Multiple
 
DE
Gelsenwasser AG
F:WWG
Average P/FCFE: 149.4
18
UK
National Grid PLC
LSE:NG
Negative Multiple: -19.8
FR
Engie SA
PAR:ENGI
Negative Multiple: -9.8
US
Sempra Energy
NYSE:SRE
Negative Multiple: -185
DE
E.ON SE
XETRA:EOAN
Negative Multiple: -18.7
US
Dominion Energy Inc
NYSE:D
Negative Multiple: -30.5
DE
RWE AG
XETRA:RWE
Negative Multiple: -34.4
US
S
Sempra
VSE:SREN
Negative Multiple: -149.6
US
Public Service Enterprise Group Inc
NYSE:PEG
68.4
US
Consolidated Edison Inc
NYSE:ED
Negative Multiple: -131.9
US
WEC Energy Group Inc
NYSE:WEC
361.6

Market Distribution

In line with most companies in Germany
Percentile
43nd
Based on 1 747 companies
43nd percentile
18
Low
0.3 — 12.8
Typical Range
12.8 — 33.7
High
33.7 —
Distribution Statistics
Germany
Min 0.3
30th Percentile 12.8
Median 22
70th Percentile 33.7
Max 8 508.8

Gelsenwasser AG
Glance View

Market Cap
1.9B EUR
Industry
Utilities

Founded over a century ago in the heartland of Germany's Ruhr Valley, Gelsenwasser AG has long been a stalwart in the utilities sector, evolving with resilience and foresight. The company began its journey servicing the thriving mining and industrial regions with water supply—an essential ingredient fueling Germany’s economic engine during its industrial boom. Today, Gelsenwasser, headquartered in Gelsenkirchen, stands as one of the largest municipal utility service providers in Germany. While water supply remains its foundational pillar, the company has diversified into natural gas and electricity distribution, positioning itself as a crucial player in Europe’s broader energy transition landscape. With strong ties to municipalities, Gelsenwasser AG leverages its historical expertise and innovative strategies to ensure sustainable and reliable service delivery. The company crafts its financial success through a multi-faceted business model that balances traditional utility services with forward-looking energy solutions. Revenue streams are robust, stemming from regulated water and energy tariffs, infrastructure investments, and renewable energy projects. Gelsenwasser is not merely a supplier; it acts as a strategic partner to municipalities, providing consulting and operational services that enhance local infrastructure and environmental sustainability. By integrating renewable energy solutions and infrastructure enhancements, it deftly navigates the shifting tides of energy policy and climate considerations, securing its place as both a guardian of essential utilities and an innovator for a greener future. The blend of deep-rooted expertise and modern adaptability ensures Gelsenwasser AG remains a pivotal entity in both local and wider European energy markets.

WWG Intrinsic Value
638.03 EUR
Undervaluation 15%
Intrinsic Value
Price €540
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