EN DE

Engie S.A. (ENGI) Fair Value & Analysis

Utilities · FR · Market cap €68.6B · ISIN FR0010208488

What is Engie S.A. really worth?

ES Engie S.A. ENGI · PA
Price€24.01
Fair Value€21.15
Upside−11.9%
Quality34/100

Below-average quality, and trading another 14% above our fair value of €21.15.

Watch Engie S.A. for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Risks

!Mixed Growth (revenue 5y +10.2 %/yr)
!Thin margins · 5.3% net margin
!Moderate debt · negative free cash flow
!Mixed vs. peers (7/14)
!Moderate moat 45/100
!Evidence only medium, so the estimate is less certain
!Weak on valuation: 17 out of 100

For context

·5.62% dividend yield
Evidence: Medium Range €16.77 – €26.83

Fair value as of: Aug 31, 2026

From 15 valuation models · updated 5 days ago

Share price −9.3% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits in the upper half of our model range, so the margin of safety is thin.
  • Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.

Price vs Fair Value (5 years)

€28.11 €6.78 Fair Value €21.15 Jul 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 31, 2026.

How to read this chart

60‑month range €6.78 – €28.11 · fair‑value band €16.77 – €26.83 · the €24.01 price screens above the €21.15 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 31, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Engie S.A. (ENGI) currently trades at €24.01, while our model-based Fair Value estimate is €21.15, implying the stock looks roughly 13.5% overvalued today. The Quality Score stands at 34/100 (below-average quality), in the Utilities sector. Bull case: the Multiples group reads highest at a median of €27.11 per share, and 5 of the 15 models we run sit above the €24.01 price. Bear case: the Asset-Based group reads lowest at €8.69, and 10 of the 15 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Engie S.A. generated revenue of €71.9B at a net margin of 5.3%. Revenue declined 6.6% year over year. It earns a return on equity of 11.5%. Net debt stands at €43.3B. Fundamentals as of Aug 31, 2026

Our scenario range runs from €16.77 (bear case) to €26.83 (bull case); at €24.01, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 16% below its 52-week high and 47% above its 52-week low, currently above its 200-day average. For context, the median of 10 Utilities peers we cover trades at −38% fair-value upside, at −12%, ENGI screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly €0.1083 per share, which is 0.5 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
EPV €15.90 €20.22 €24.00 74
Residual Income €11.97 €13.69 €21.35 73
Owner Earnings €1.01 €6.79 71
All 15 models by family
DCF Models
Owner Earnings €1.01 €6.79 71
Earnings-Based
Graham-Dodd €10.24 €15.55 €18.52 65
EPV €15.90 €20.22 €24.00 74
Dividend Discount
Gordon GGM €16.37 €19.02 €22.13 67
DDM Multi-Stage €16.37 €21.46 €27.98 65
Multiples
P/E Multiple €20.33 €27.11 €33.89 63
P/S Multiple €19.20 €25.60 €32.01 58
P/B Multiple €17.51 €23.34 €29.18 55
EV/EBIT €27.55 €40.08 €52.61 65
EV/EBITDA €31.30 €45.08 €58.86 67
EV/Revenue €20.37 €33.40 €46.43 52
Asset-Based
NCAV (Graham) €6.48 €8.69 €12.97 54
Economic Profit
Residual Income €11.97 €13.69 €21.35 73
ROIC Compounder €16.02 €21.07 €26.72 70
Growth Earnings
Growth-Adj P/E €14.45 €20.64 €26.83 65

Widest divergence: Multiples (€27.11) versus DCF Models (€1.01). Highest evidence: EPV (74).

Notify me when ENGI reaches fair value

Put ENGI on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 15.9
P/S ratio 0.85 P/E × margin
EPS (TTM) €1.51 price ÷ EPS = P/E 15.9
Dividend yield 5.6% payout 89.4%
Net margin 5.3% FY2025
Return on equity 11.5% TTM
More key figures
Profitability
Return on assets (EBIT) 3.3% avg 5y
Operating margin 10.5% TTM
Growth
Revenue (TTM) €71.9B TTM
Revenue growth (YoY) −6.6% 3y avg −8.5%
EPS growth (YoY) −59.4%
Balance sheet & cash flow
Free cash flow −€9.5B FY2025
Net debt €43.3B FY2025

Figures from reported company fundamentals · as of Aug 31, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 34/100

Of which business quality 30 · Market factors (momentum, volatility) 69

Profitability 28
Margins and returns on capital today
Quality Growth 25
Are margins and returns improving?
Cashflow 3
Earnings quality: real cash, not paper profit
Fin. Strength 18
Balance sheet, leverage, solvency risk
Investment 81
Disciplined investing over empire-building
Low Volatility 89
Calm price path (market factor)
Momentum 53
Price trend over the last 3–12 months (market factor)
52W Momentum 72
Distance to the 52-week high (market factor)
Net Issuance 54
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Engie SA engages in renewables and decentralized and low-carbon energy networks in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally.

Full company description

Engie SA engages in renewables and decentralized and low-carbon energy networks in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally. The Renewables & Flex Power segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy, such as hydroelectric, onshore wind, photovoltaic solar, biomass, offshore wind, geothermal, and battery storage. It also offers flexible thermal generation and electricity, pumping, and battery storage facilities; solutions for decarbonizing industry with low-carbon hydrogen; and operation of desalination plants. The Networks segment comprises the gas and power infrastructure activities, including the management and development of gas and electricity transportation networks and natural gas distribution networks in and outside of Europe, natural gas underground storage, and regasification infrastructure. The Local Energy Infrastructures provides the construction and management of decentralized energy networks, including heating and cooling networks, distributed power generation plants, distributed solar power parks, low-carbon mobility, low-carbon cities and public lighting, energy efficiency, technical maintenance, and sustainable development consulting. The Supply & Energy Management segment optimizes the Group's energy assets, manages market and portfolio risks, and supplies natural gas, green and low-carbon gas, and electricity to residential, business, industrial customers, develops green energy contracts, and digital consumption management. The Other segment manages nuclear power production and holds drawing rights, focusing on operational management, safety, and decommissioning. It offers renewable electricity, green gas, energy management. The company was formerly known as GDF SUEZ S.A. and changed its name to Engie SA in April 2015. Engie SA was founded in 1880 and is based in La Garenne-Colombes, France.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Engie S.A. reported revenue of €71.9B in FY2025 versus €57.9B in FY2021, a compound +5.6%/yr. Reported net income was €3.8B in FY2025, compounding +1.1%/yr from FY2021.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
€71.9B
Latest YoY
−2.5%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−8.5%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.2%
Avg. revenue growth/yr (23Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.1%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years, EBIT basis) plus dividend yield: value created per share and year.
+19.5% (13.9 + 5.6)
Revenue +5.6%/yr
FY21 €57.9B
FY22 €93.9B
FY23 €82.6B
FY24 €73.8B
FY25 €71.9B
Net income +1.1%/yr
FY21 €3.7B
FY22 €140M
FY23 €2.2B
FY24 €4.1B
FY25 €3.8B

ENGI screens 14% overvalued. Compare with Iberdrola, S.A →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Engie S.A. Fair Value". https://www.fairvalue-calculator.com/stock/ENGI

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Utilities - Diversified · 52 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 34 · Bottom 25%
Fair Value upside −12% · Above median
Return on equity (TTM) 12% · Above median
Return on assets 3% · Above median
Net margin (TTM) 5% · Below median
Operating margin (TTM) 10% · Below median
Revenue growth −7% · Bottom 25%
Dividend yield (TTM) 5.6% · Top 25%
Debt / equity 1.22× · Higher than median

Valuation Multiples vs Utilities - Diversified median · lower = cheaper

P/E (TTM) 15.9× · Cheaper than median
P/B 2.42× · Pricier than 75% of peers
P/S (TTM) 1.11× · Cheaper than median
EV/EBITDA 8.1× · Cheaper than median
PEG 3.42× · Pricier than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE17 · sector 5
FUTURE0 · sector 6
PAST46 · sector 37
HEALTH39 · sector 48
DIVIDEND100 · sector 81

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Utilities - Diversified stocks, each showing price versus our Fair Value estimate (as of Aug 31, 2026).

Stock Price Fair Value vs Fair Value
Iberdrola, S.A IBE €20.28 €8.45 −58%
Enel SpA ENEL €9.42 €4.82 −49%
Sempra SRE $84.57 $44.47 −47%
E.ON SE EOAN €17.83 €11.71 −34%
RWE Aktiengesellschaft generates and RWE €59.10 €55.77 −6%
ACWA Power Company 2082 184.00 SAR 24.19 SAR −87%
Brookfield Infrastructure Partners L.P. BIPUN C$54.99 C$34.34 −38%
EnBW Energie Baden-Württemberg AG EBK €68.60 €21.11 −69%
EDP, S.A EDP €4.70 €3.81 −19%
Origin Energy Limited ORG A$11.89 A$7.70 −35%

Compare Engie S.A. with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Utilities stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Engie S.A. (ENGI) overvalued or undervalued?
As of Aug 31, 2026, our model estimates a fair value of €21.15 versus a price of €24.01, about −12% upside (overvalued).
What is the fair value of ENGI?
Our model-based fair value for Engie S.A. is €21.15 (as of Aug 31, 2026), built from audited fundamentals. The current price: €24.01.
What is the quality score of ENGI?
Engie S.A. has a Quality Score of 34/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Engie S.A. (ENGI)?
Engie S.A. reported trailing-twelve-month revenue of about €71.9B (latest available figure, as of Aug 31, 2026).
What is the net profit margin of ENGI?
The net profit margin of Engie S.A. is about 5.3%, meaning it keeps roughly 5.3% of revenue as net income. Based on the latest reported figures.
Does Engie S.A. pay a dividend?
Engie S.A. currently shows a dividend yield of about 5.62% relative to its recent price (as of Aug 31, 2026).
Free · no account needed

Watch Engie S.A. in the live analysis

One click puts Engie S.A. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.