E.ON stock
EOAN.DEXETRAE.ON SE, UtilitiesISIN DE000ENAG999WKN ENAG99
56Score 56 out of 100, Neutral
Price and trend
68 / 100
Price history
+24% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 4.1% above it.
Since September 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 60).
The price is 5.7% below its 52-week high. Largest decline in 20 years: 86% (January 2008 to November 2016).
Chart figures for advanced users
- SMA 50$19.84
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$20.48
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)60
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$16.71
- The lowest closing price of the last twelve months.
- Resistance$22.59
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- E.ON SE belongs to the Diversified Utilities industry (Germany) and, with a market value of $55.68B, is number 4 of 26 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $87.57B (down 1.8% year on year) and earnings of $1.93B (down 61.7%).
- For fiscal 2026, analysts expect on average revenue of $88.26B (up 0.8%) and adjusted earnings per share of $1.22 (down 4.6%).
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- MEQIRI Score 56 out of 100 (Neutral): rank 79 of 201 in Utilities, median 54.
- The P/E is 11.4 (Diversified Utilities median 15.1, own median of recent years 13.3).
- Our model puts fair value at $23.71, with the price 12% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
None of our strength checks applies.
Weaknesses
- Negative free cash flowFree cash flow −$1.14B over the last 12 months.Fundamentals 47
- Interest barely coveredOperating profit covers interest only 3 times.Stability 52
Its standout strengths are valuation and momentum, while fundamentals and capital allocation hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 52 to 56.
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among stocks ranked 101 to 1,000.
From 2016 to 2025, 13 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- weak fundamentals
What lowers it
- calm price action
- price near its 52-week high
Valuation
Valuation signal
Modestly undervaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $19.76 and expensive above $29.64 (uncertainty low, based on the price swings of the past year).
The two parts of the fair value come to $19.14 (cash-flow model) and $28.29 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 5.5%. At 6.5% the fair value would be $21.53, at 4.5% it would be $27.73.
Valuation metrics
Half from the dividend model, half from earnings times the industry P/E (15.1).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue fell 6.7% on the twelve months before. Revenue has stayed largely stable since 2006.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 12%, operating 7%, net 2%.
Debt & balance sheet
Fiscal 2025Debt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 24 Feb 2027in 104 days
- Last reported
- 11 Nov 2026EPS reported $0.12 (expected $0.19)below expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $1.22+0.4%
- Revenue
- $88.26B0.0%
- Earnings per share
- $1.39+0.4%
- Revenue
- $93.87B−0.5%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: −4.0%Guidance was confirmed with 2026 adjusted EBITDA of EUR 9.4 billion to EUR 9.6 billion and adjusted net income of EUR 2.7 billion to EUR 2.9 billion.
“For 2026, we continue to expect adjusted group EBITDA in the range of EUR 9.4 billion to EUR 9.6 billion and adjusted group net income of EUR 2.7 billion to EUR 2.9 billion.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 12 Aug 2026 (fiscal Q2 2026), read by AI.
What happened at E.ON
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
201 rated companies in Utilities
- This company
- 56
- Sector median
- 54
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Diversified Utilities
The next larger and next smaller companies by market value
- IberdrolaIBE.MC $171.36B60
- EnelENEL.MI $119.58B59
- EngieENGI.PA $69.99B53
- RWERWE.DE $51.38B50
- SempraSRE $51.15B48
- SSESCT.DE $44.03B54
- EnBW Energie Baden-WürttembergEBK.DE $23.82B41
- EDP - Energias de PortugalEDP.LS $23.28B52
ETFs that hold E.ON
Held by 139 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares DivDAX UCITS ETF (DE)EXSB | 7.27% | 0.31% | €566.09M |
| State Street SPDR MSCI Europe Utilities UCITS ETFSPYU | 6.80% | 0.18% | €721.11M |
| iShares STOXX Europe 600 Utilities UCITS ETF (DE)EXH9 | 6.55% | 0.46% | €886.23M |
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| Deka DAX ex Financials 30 UCITS ETFELF0 | 4.11% | 0.31% | €19.34M |
| Amundi Global Bioenergy UCITS ETF EUR AccWDNR | 3.83% | 0.35% | €151.65M |
| iShares DAX ESG UCITS ETF (DE)EXIA | 3.82% | 0.12% | €141.64M |
| Amundi DAX 50 ESG II UCITS ETF DistE909 | 3.58% | 0.15% | €323.69M |
| iShares Core DAX UCITS ETF (DE)EXS1 | 2.42% | 0.16% | €8.85B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = €0.8987)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 23 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.