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Elia Group SA
XMUN:E4S

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Elia Group SA
XMUN:E4S
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Price: 140 EUR 1.16%
Market Cap: €10.3B

EV/S

6.3
Current
38%
More Expensive
vs 3-y average of 4.5

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
6.3
=
Enterprise Value
€27.7B
/
Revenue
€4.4B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
6.3
=
Enterprise Value
€27.7B
/
Revenue
€4.4B

Valuation Scenarios

Elia Group SA is trading above its 3-year average

If EV/S returns to its 3-Year Average (4.5), the stock would be worth €101.43 (28% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-71%
Maximum Upside
No Upside Scenarios
Average Downside
34%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 6.3 €140
0%
3-Year Average 4.5 €101.43
-28%
5-Year Average 4.8 €106.47
-24%
Industry Average 5.5 €123.48
-12%
Country Average 1.8 €40.13
-71%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
€27.7B
/
Jan 2026
€4.4B
=
6.3
Current
€27.7B
/
Dec 2026
€5.9B
=
4.7
Forward
€27.7B
/
Dec 2027
€7B
=
4
Forward
€27.7B
/
Dec 2028
€8.4B
=
3.3
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
Market Cap EV/S P/E
BE
Elia Group SA
XMUN:E4S
15.1B EUR 6.3 27
US
Nextera Energy Inc
NYSE:NEE
188.7B USD 10.2 27.6
ES
Iberdrola SA
MAD:IBE
128.2B EUR 3.8 20.7
IT
Enel SpA
MIL:ENEL
97.3B EUR 1.9 23.2
US
Southern Co
NYSE:SO
101B USD 5.7 23.3
US
Constellation Energy Corp
NASDAQ:CEG
100.6B USD 4.1 37.4
US
Duke Energy Corp
NYSE:DUK
97.8B USD 5.6 19.9
US
American Electric Power Company Inc
NASDAQ:AEP
71.3B USD 5.3 19.9
FR
Electricite de France SA
PAR:EDF
46.6B EUR 0.4 -2.5
US
Entergy Corp
NYSE:ETR
50.3B USD 6 28.6
US
Xcel Energy Inc
NASDAQ:XEL
49.3B USD 5.7 24.4
P/E Multiple
Earnings Growth PEG
BE
Elia Group SA
XMUN:E4S
Average P/E: 25.2
27
17%
1.6
US
Nextera Energy Inc
NYSE:NEE
27.6
13%
2.1
ES
Iberdrola SA
MAD:IBE
20.7
7%
3
IT
Enel SpA
MIL:ENEL
23.2
25%
0.9
US
Southern Co
NYSE:SO
23.3
12%
1.9
US
Constellation Energy Corp
NASDAQ:CEG
37.4
40%
0.9
US
Duke Energy Corp
NYSE:DUK
19.9
7%
2.8
US
American Electric Power Company Inc
NASDAQ:AEP
19.9
5%
4
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -2.5 N/A N/A
US
Entergy Corp
NYSE:ETR
28.6
13%
2.2
US
Xcel Energy Inc
NASDAQ:XEL
24.4
16%
1.5

Market Distribution

In line with most companies in Belgium
Percentile
67th
Based on 398 companies
67th percentile
4.7
Low
0.1 — 1.1
Typical Range
1.1 — 5.5
High
5.5 —
Distribution Statistics
Belgium
Min 0.1
30th Percentile 1.1
Median 1.8
70th Percentile 5.5
Max 217.1

Elia Group SA
Glance View

Market Cap
10.3B EUR
Industry
Utilities

Elia Group SA stands at the forefront of Europe's energy infrastructure, weaving a meticulous tapestry of grids and connections that ensure electricity flows seamlessly across regions. Headquartered in Belgium, Elia Group has positioned itself as a pivotal player in the energy transmission landscape, skillfully managing high-voltage networks in Belgium and Germany. With a keen focus on innovation and sustainability, the company is not merely content with maintaining the status quo. Instead, it tirelessly seeks to adapt to the evolving demands of the energy sector, facilitating the integration of renewable energy sources into their systems. Elia's operations are grounded in the idea that a reliable and efficient grid is the backbone of sustainable development, providing the essential conduit through which economic progress and environmental responsibility meet. Financially, Elia Group benefits from a robust revenue model primarily derived from tariffs approved by national regulators. These tariffs compensate Elia for its vital role in transporting electricity from producers to distributors, ensuring the company has a steady income stream. Beyond its core transmission activities, Elia ventures into other strategic areas, such as offshore grid development and international energy market facilitation, which are not only lucrative but necessary for Europe's energy transition. By continually investing in infrastructure enhancements and embracing digital transformation, Elia Group ensures it maintains a resilient and efficient grid system that underpins its growth and profitability. Through these endeavors, Elia sustains its vision of being an agile steward in an industry poised for significant transformation, balancing current operational excellence with future-forward strategies.

E4S Intrinsic Value
179.11 EUR
Undervaluation 22%
Intrinsic Value
Price €140
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