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BKW AG
SIX:BKW

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BKW AG
SIX:BKW
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Price: 156.1 CHF -2.62% Market Closed
Market Cap: CHf8.2B

EV/FCFF

29.9
Current
35%
More Expensive
vs 3-y average of 22.2

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
29.9
=
Enterprise Value
CHf9B
/
Free Cash Flow to Firm
CHf291.1m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
29.9
=
Enterprise Value
CHf9B
/
Free Cash Flow to Firm
CHf291.1m

Valuation Scenarios

BKW AG is trading above its 3-year average

If EV/FCFF returns to its 3-Year Average (22.2), the stock would be worth CHf115.76 (26% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-42%
Maximum Upside
+20%
Average Downside
19%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 29.9 CHf156.1
0%
3-Year Average 22.2 CHf115.76
-26%
5-Year Average 17.3 CHf90.45
-42%
Industry Average 35.9 CHf187.47
+20%
Country Average 21.3 CHf111.47
-29%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
CH
BKW AG
SIX:BKW
8.5B CHF 29.9 23.1
US
Nextera Energy Inc
NYSE:NEE
196.3B USD 124.8 24
ES
Iberdrola SA
MAD:IBE
129.7B EUR 52.9 20.5
IT
Enel SpA
MIL:ENEL
99.8B EUR 35.6 23.1
US
Constellation Energy Corp
NASDAQ:CEG
107.6B USD 87.6 40
US
Southern Co
NYSE:SO
102.8B USD -57.6 23.7
US
Duke Energy Corp
NYSE:DUK
98.4B USD -106.8 20
US
American Electric Power Company Inc
NASDAQ:AEP
72.7B USD -72.2 20.3
FR
Electricite de France SA
PAR:EDF
46.6B EUR -2.1 -2.5
US
Entergy Corp
NYSE:ETR
51.9B USD -28.6 29.5
US
Xcel Energy Inc
NASDAQ:XEL
49.2B USD -12.2 24.4
EV/FCFF Multiple
 
CH
BKW AG
SIX:BKW
Average EV/FCFF: 66.2
29.9
US
Nextera Energy Inc
NYSE:NEE
124.8
ES
Iberdrola SA
MAD:IBE
52.9
IT
Enel SpA
MIL:ENEL
35.6
US
Constellation Energy Corp
NASDAQ:CEG
87.6
US
Southern Co
NYSE:SO
Negative Multiple: -57.6
US
Duke Energy Corp
NYSE:DUK
Negative Multiple: -106.8
US
American Electric Power Company Inc
NASDAQ:AEP
Negative Multiple: -72.2
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -2.1
US
Entergy Corp
NYSE:ETR
Negative Multiple: -28.6
US
Xcel Energy Inc
NASDAQ:XEL
Negative Multiple: -12.2
P/E Multiple
Earnings Growth PEG
CH
BKW AG
SIX:BKW
Average P/E: 24.9
23.1
18%
1.3
US
Nextera Energy Inc
NYSE:NEE
24
13%
1.8
ES
Iberdrola SA
MAD:IBE
20.5
7%
2.9
IT
Enel SpA
MIL:ENEL
23.1
25%
0.9
US
Constellation Energy Corp
NASDAQ:CEG
40
40%
1
US
Southern Co
NYSE:SO
23.7
12%
2
US
Duke Energy Corp
NYSE:DUK
20
7%
2.9
US
American Electric Power Company Inc
NASDAQ:AEP
20.3
5%
4.1
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -2.5 N/A N/A
US
Entergy Corp
NYSE:ETR
29.5
13%
2.3
US
Xcel Energy Inc
NASDAQ:XEL
24.4
16%
1.5

Market Distribution

In line with most companies in Switzerland
Percentile
65th
Based on 857 companies
65th percentile
29.9
Low
0 — 16.2
Typical Range
16.2 — 34.3
High
34.3 —
Distribution Statistics
Switzerland
Min 0
30th Percentile 16.2
Median 21.3
70th Percentile 34.3
Max 776.6

BKW AG
Glance View

BKW AG, a Swiss-based company, has steadily transformed itself from a traditional utility provider to a versatile player in the energy sector. Originally founded to focus on hydropower, BKW has expanded its operations to encompass a broad range of energy solutions and infrastructure services. The company's core business still revolves around the generation, supply, and distribution of electricity. However, with the global pivot towards sustainable energy, BKW has embraced renewable sources and energy-efficient projects. Its portfolio now includes wind and solar farms, enhancing its capacity to produce clean energy while meeting the region's growing demand for sustainable power. This shift not only secures energy supply but also aligns BKW with environmental imperatives, adding a green edge to its competitive advantage. In addition to its energy production capabilities, BKW enhances its revenue streams through its engineering and infrastructure operations, which include grid infrastructure and energy efficiency services. Engineering services, such as designing and consulting on infrastructure projects, play a vital role in BKW's financial performance. The company's expertise in this area attracts a variety of industries looking for tailor-made solutions in renewable energy projects, energy networks, and urban infrastructure planning. By leveraging its technical know-how and broad experience, BKW creates added value for its clients, maintaining long-term partnerships and establishing a diverse market presence beyond mere energy supply. Through these multifaceted endeavors, BKW AG not only provides essential services that meet current market needs but also positions itself for continued innovation and growth in the dynamic energy landscape.

BKW Intrinsic Value
200.88 CHF
Undervaluation 22%
Intrinsic Value
Price CHf156.1
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