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Societatea Energetica Electrica SA (EL) - analysis, score and valuation

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Is it worth investing?

Societatea Energetica Electrica SA is a middle-of-the-road business, at a price to match.

51.70 lei +144.70% over 12 months Last updated: iun. 15, 2026

Societatea Energetica Electrica SA (EL) is a company in the Utilities - Regulated Electric industry, listed on RO, with a market capitalisation of 17.6 billion RON. The stock trades at 51.70 RON, 9% below its 52-week high.

Against trailing twelve-month earnings, the price asks 31.6 times profit, versus 19.6 times for the industry median. Return on equity stands at 7.0%, against an industry median of 9.9%.

Over the past twelve months the stock returned +144.7%, against +70.9% for BETTR over the same period. The analysis below covers valuation, profitability, growth, the balance sheet and price behaviour, with data updated daily.

Key data

Price and Trading

  • OpenThe price at which Societatea Energetica Electrica SA shares first traded in the latest session.
  • CloseThe price of the last Societatea Energetica Electrica SA trade in the session that closed.
  • Day rangeThe lowest and highest price Societatea Energetica Electrica SA shares reached in that session.
  • VolumeHow many Societatea Energetica Electrica SA shares changed hands in the latest session.
  • 52-week rangeThe lowest and highest price of Societatea Energetica Electrica SA shares over the past year.
  • Position in the 52-week rangeWhere the current price of Societatea Energetica Electrica SA shares sits between the low and the high of the past year. 100% means right at the high.
  • 50-day averageThe average price of Societatea Energetica Electrica SA shares over the last 50 sessions. Shows the short-term trend.
  • 200-day averageThe average price of Societatea Energetica Electrica SA shares over the last 200 sessions. Shows the long-term trend.
  • Market capThe market value of all Societatea Energetica Electrica SA shares combined.

Some values update after the trading session opens, others are recalculated after it closes.

Earnings and Valuation

  • Earnings per shareHow much net profit belongs to a single Societatea Energetica Electrica SA share over the last twelve months.
  • Estimated earnings, current yearThe earnings per share analysts expect from Societatea Energetica Electrica SA for the current financial year.
  • Estimated earnings, next yearThe earnings per share expected from Societatea Energetica Electrica SA for the following financial year.
  • Revenue per shareHow much of the annual sales of Societatea Energetica Electrica SA belongs to a single share.
  • Book value per shareHow much Societatea Energetica Electrica SA equity belongs to one share, once debt is subtracted from assets.
  • Revenue, last 12 monthsTotal Societatea Energetica Electrica SA sales across the last four reported quarters.
  • Price / earningsHow many years of current profit a Societatea Energetica Electrica SA share costs at today price.
  • Forward price / earningsThe same ratio, but against the profit Societatea Energetica Electrica SA is expected to make next year.
  • Enterprise value / EBITDAThe price of the whole Societatea Energetica Electrica SA business, debt included, against operating profit before depreciation.

Some values update after the trading session opens, others are recalculated after it closes.

Return and Risk

Low risk · 84
  • Net marginHow much net profit Societatea Energetica Electrica SA keeps out of every unit of sales.
  • Return on equityHow much net profit Societatea Energetica Electrica SA produces from shareholder money.
  • Dividend yieldHow much Societatea Energetica Electrica SA pays out in dividends each year, relative to the share price.
  • Dividend per shareThe estimated annual amount received for each Societatea Energetica Electrica SA share held.
  • Payout ratioWhat share of Societatea Energetica Electrica SA profit goes back to shareholders as dividends. The rest stays in the company.
  • BetaHow strongly Societatea Energetica Electrica SA shares move against the market. 1 means the same, above 1 means wider swings.
  • Debt / equityHow much debt Societatea Energetica Electrica SA carries for every unit of equity.
  • Days to cover short positionsHow many normal trading days it would take to close every short position on Societatea Energetica Electrica SA.

Some values update after the trading session opens, others are recalculated after it closes.

Indicators for Societatea Energetica Electrica SA (EL) stock

How good the business is, how expensive the price is, and what the chart is doing for EL stock. How we calculate the three indicators

Fundamentals

60.3Out of 100

Above average

It holds up on health and risk, but quality drags it down, at 36.6 out of 100. growth cannot be measured: the data is missing. Against its sector it stands at 47 out of 100, so the two readings confirm each other.

Quality36.6
Health and risk84.0
Piotroski F-Score66.7
Low leverage57.2
Gross profitability19.3
Free cash flow margin0.0

Valuation

26.7Out of 100

Expensive

The business produces 3.8 percentage points a year less than the interest on a government bond. It is at its 52-week high.

Earnings against market capitalisation: 27.3 out of 100

Earnings yield37.6
P/E (TTM)16.9

Free cash flow against price: 44.1 out of 100

FCF yield44.1

Price against estimated value: 8.7 out of 100

Margin of safety6.5
Price / floor value10.8

Technical

+83Out of ±100

Strongly positive

Signals: 13 positive and 0 negative, with a strong trend (ADX 32). The heaviest weight comes from the “price against the moving averages” family, and no signal family points the other way.

Price against the moving averages: +1.00

Price vs MA200+35.6% from the average
Price vs MA50+16.1% from the average
MA50 vs MA200Short average above the long one

MACD: +0.50

MACD histogram+0.021
MACD line vs 0+1.45

Position in the recent range: +1.00

RSI 1468.7
CCI 20107
Bollinger %B0.81

Long-term momentum: +1.00

Aroon oscillator+76
Coppock+13.4
12-month momentum+104% a year, +97% above the rate

Volume and money flow: +1.00

Money flow CMF+0.369
OBV volume, 50dSlope +0.402

Breakouts and reversals: +0.50

Parabolic SARBelow price, rising
Donchian channelInside the 20-day channel

Societatea Energetica Electrica SA (EL) stock: arguments for and against

What supports and what weakens the investment case for EL stock

Pro12 arguments
  • Societatea Energetica Electrica SA (EL) shares trade at 14.0 times annual earnings.For every unit of profit the company makes in a year, a buyer pays 14.0 today. Companies in the Utilities sector ask 17.2.
  • Out of every 100 units Societatea Energetica Electrica SA sells, 10.3% is left as profit.After all costs, taxes and interest, 10.3% of sales remains. Companies in the Utilities sector retain 10.3%.
  • For shareholders, the business earns 18.2% a year - above the sector.Every unit of capital put in by shareholders brings 18.2% a year, more than at rivals, who make 9.4%.
  • The business generates 8.9% in free cash flow a year, relative to its share price.After paying everything it owes and reinvesting in itself, the company is left with cash equal to 8.9% of the share price. Companies in the Utilities sector generate -0.8%.
  • The 50-day price average sits above the 200-day.The price sits 35.6% above its 200-day average. Many investors watch this pattern as a sign of an upward trend.
  • Over the last twelve months, Societatea Energetica Electrica SA shares beat the BETTR index by 73.8 points, returning 144.7%.Comparing against the index shows whether the move came from the company or from the market. One year says nothing about the next, but it says who did the work.
  • In the latest reported quarter, revenue was 20.5% above the same quarter a year earlier.This is the freshest published sales figure and it is set against the equivalent period, not the previous quarter, so seasonality cannot inflate it.
  • Gross margin improved by 30.3 points against the same quarter a year earlier.More of every unit of sales is left after the direct cost of the product. This is the first place where pricing power or cost control shows up.
  • Shareholder equity grew by 27.1% over one year.The part of the company that belongs to shareholders got bigger. It grows out of retained profit or revaluation, not out of borrowed money.
  • Through Crash-ul COVID-19 it lost 26.1%, less than 82% of comparable companies.How a share fell in a past crisis does not predict the next one, but it shows how it behaves when the whole market sells at once.
  • For Societatea Energetica Electrica SA, the model puts the odds of trading above today’s price a year from now at 60%.It is a distribution of possible outcomes computed on similar past cases, not a price target. Read it as a frequency, not as a promise.
  • Societatea Energetica Electrica SA shares are held by 10 exchange traded funds.Being inside ETFs brings demand that has nothing to do with results: the funds buy because the index says so, not because they hold a view.
Against9 arguments
  • Societatea Energetica Electrica SA (EL) shares pay 0.9% a year, below the risk-free rate in RO.The dividend yields 0.9% a year, less than government bonds in RO, which pay 7.0% without the risk of a share.
  • There is no public data on what management and funds are buying.On the market where the shares trade, transactions by management and by funds are not disclosed publicly. These informed-flow signals, available for US companies, are missing here.
  • At Societatea Energetica Electrica SA, no barrier is found that would keep competitors at a distance.Neither scale, nor brand, nor the cost of switching supplier stops a determined rival. Without such a barrier, earnings are harder to defend.
  • Money put back into the business earns less than it costs.Every unit reinvested brings 10.0% a year while funding costs 10.2%. As long as that holds, expansion consumes value instead of creating it.
  • Net debt rose by 30.3% over one year.Borrowings grew faster than the cash on hand. That is not automatically bad, but the cost of it comes out of the profit of the years ahead.
  • Of the last 8 reports, 6 came in below estimates.Repeated misses pull analyst expectations down for the quarters ahead, and the price settles on those.
  • Through Bear market 2022 it lost 45.5%, more than 89% of comparable companies.In a falling market the share dropped harder than most of its peers. It is a measure of how deep it can go, not a forecast.
  • Societatea Energetica Electrica SA shares trade only 2.56M lei a day on average.With turnover that thin, a larger order moves the price by itself and getting out of a position can take days. Liquidity risk sits on top of business risk.
  • It had 16 sharp price moves over the past year.These are the days when the price jumped well beyond its usual swing. Many of them mean the position takes nerve, however good the business is.

Verdict

The Societatea Energetica Electrica SA score from 0 to 100, built from over 400 financial indicators. Not investment advice.

Neutral
ExpensiveSolidMixed
  • In Utilities, Societatea Energetica Electrica SA is above the sector average on momentum, below it on valuation, shareholder yield and stability.
  • neutral verdicts returned a median of +12.2% over one year, across 63,296 assessments.

Societatea Energetica Electrica SA earns 18% a year on shareholders' money.
But the price asks 3 times the estimated value.

Free cash flow covers 9% of the price each year. Revenue grows just 3% a year. It turns 13% of sales into free cash.

Analysis produced automatically by einvestitii.ro, on data as of sept. 28, 2026. It is not investment advice. Who produces it, what it rests on and what conflicts of interest exist: see the full disclosure.

What it is really worth

Value & Valuation

The market price is what buyers are asking today. Here we work out what the share should cost based on the company’s own figures: using the valuation models professional investors rely on, the growth the current price assumes, and the target set by the analysts who follow the company.

what analysts think

What the analysts covering Societatea Energetica Electrica SA think, and where they see the price 12 months out. These are their estimates, not ours.

Price target

Where analysts see Societatea Energetica Electrica SA shares 12 months out

15.20 lei

−58.01% against today price

52-week low 13.88 lei52-week high 36.30 lei
  • today51.70 lei
  • target15.20 lei
Rise from the low of the past year+272.45%
Fall from the high of the past year+42.42%
  • Price today51.70 lei

Analyst estimates, third-party source.

Transparency · MAR

fair value

Overvalued

What Societatea Energetica Electrica SA shares should cost, according to the valuation models of the best-known investors in history.

Estimated fair value

The average of the Graham, Buffett, Lynch models, and others.

5.36 lei−89.6% versus price

the price is 9.64 times the estimate from 5 models

×1×2×5×10
fair range 3.79 lei - 14.60 leiprice today 51.70 lei

Logarithmic scale; the marks are multiples of the fair value.

Price versus estimate 9.64×Confidence in the estimate: HighSpread across models 21%Median of 5 models

These are estimates, not price targets: every model starts from assumptions about the future, and if the assumptions change, so does the number.

The models, one by one

6 methods with a value for Societatea Energetica Electrica SA. The fair value above is the median across 5 of them, chosen by how well they fit the company. All of them are here, for reference.

Graham Number23.47 lei−54.6% versus price
Buffett with growth4.61 lei−91.1% versus price
Buffett without growth2.97 lei−94.2% versus price
Lynch Fair Price5.74 lei−88.9% versus price
Absolute floor9.18 lei−82.2% versus price
DCF value6.40 lei−87.6% versus price

Transparency · MAR

projections

These are not predictions. The model splits the possible outcomes into ranges and reports how often the price landed in each, across similar cases in the past.

computed on 9 august 2026

Where the price could go

The price range Societatea Energetica Electrica SA shares could fall into, from six months out to five years

6 months

Where the price could go

The price range Societatea Energetica Electrica SA shares could fall into, from six months out to five years

+5.6%most likely · 38.22 lei
Pessimistic −34%Optimistic +67%
  • Today's price36.20 lei
  • Median38.22 lei
Pessimistic scenario23.80 lei
Optimistic scenario60.62 lei

The estimates are generated automatically by a proprietary probabilistic machine-learning and AI model.

This information is general in nature and is not investment advice. In line with Regulation (EU) 596/2014 on market abuse and Regulation (EU) 2024/1689 on artificial intelligence. Past performance does not guarantee future results. Full methodology

With what probability

Estimated chances for the next six months

No clear tilt

  • Chance it ends higher than today57%
  • Chance it beats the indexindex +6.9%49%
  • Chance of a gain over 20%40%
  • Chance of a drop over 10%28%
  • Chance of a drop over 20%20%

12 months

Where the price could go

The price range Societatea Energetica Electrica SA shares could fall into, from six months out to five years

+21.4%most likely · 43.95 lei
Pessimistic −30%Optimistic +123%
  • Today's price36.20 lei
  • Median43.95 lei
Pessimistic scenario25.17 lei
Optimistic scenario80.68 lei

The estimates are generated automatically by a proprietary probabilistic machine-learning and AI model.

This information is general in nature and is not investment advice. In line with Regulation (EU) 596/2014 on market abuse and Regulation (EU) 2024/1689 on artificial intelligence. Past performance does not guarantee future results. Full methodology

With what probability

Estimated chances for the next six months

No clear tilt

  • Chance it ends higher than today60%
  • Chance it beats the indexindex +14.1%53%
  • Chance of a gain over 20%51%
  • Chance of a drop over 10%26%
  • Chance of a drop over 20%17%

3 years

Where the price could go

The price range Societatea Energetica Electrica SA shares could fall into, from six months out to five years

+34.0%most likely · 48.52 lei
Pessimistic +4%Optimistic +52%
  • Today's price36.20 lei
  • Median48.52 lei
Pessimistic scenario37.65 lei
Optimistic scenario55.06 lei

Expected growth over 3 years, per year: +10.3% per year, between +1% and +15%.

The estimates are generated automatically by a proprietary probabilistic machine-learning and AI model.

This information is general in nature and is not investment advice. In line with Regulation (EU) 596/2014 on market abuse and Regulation (EU) 2024/1689 on artificial intelligence. Past performance does not guarantee future results. Full methodology

Where the return comes from

Today's price embeds a high expectation. The model assumes investors will, over time, pay less for the same profit, and that difference is subtracted from the annual growth.

  • earnings growth+15.3%
  • the dividend+0.0%
  • multiple re-rating−5.0%

5 years

Where the price could go

The price range Societatea Energetica Electrica SA shares could fall into, from six months out to five years

+56.7%most likely · 56.74 lei
Pessimistic +7%Optimistic +76%
  • Today's price36.20 lei
  • Median56.74 lei
Pessimistic scenario38.66 lei
Optimistic scenario63.77 lei

Expected growth over 5 years, per year: +9.4% per year, between +1% and +12%.

The estimates are generated automatically by a proprietary probabilistic machine-learning and AI model.

This information is general in nature and is not investment advice. In line with Regulation (EU) 596/2014 on market abuse and Regulation (EU) 2024/1689 on artificial intelligence. Past performance does not guarantee future results. Full methodology

Where the return comes from

Today's price embeds a high expectation. The model assumes investors will, over time, pay less for the same profit, and that difference is subtracted from the annual growth.

  • earnings growth+14.4%
  • the dividend+0.0%
  • multiple re-rating−5.0%

The estimates are generated automatically by a proprietary probabilistic machine-learning and AI model.

This information is general in nature and is not investment advice. In line with Regulation (EU) 596/2014 on market abuse and Regulation (EU) 2024/1689 on artificial intelligence. Past performance does not guarantee future results. Full methodology

Transparency · MAR

How the business is actually doing

The Business & Its Results

Fundamental analysis of Societatea Energetica Electrica SA (EL) stock: how profitable the business is, how fast it grows, and how well it turns capital into profit. Across the three, the fundamental score comes to 15.7 out of 100, with quality the strong point and value the weak one.

15.7 · very weak

value0.0/100
quality36.6/100
growth0.0/100
dividends26.1/100

the business and its results

Mixed results

How profitable is it?

39 · weak

Capital invested in Societatea Energetica Electrica SA produces 0.1 a year, and shareholders' equity 18.17%. Below what most companies in the sector manage.

  • Return on equityHow much net profit the company generates from shareholders' money. Above ~15% is very good; consistency matters as much as the level.
  • Return on assetsHow much profit the company draws from the assets it owns. Above ~5% is solid, though it varies widely by industry.
  • Free cash flow marginHow much of sales is left as free cash after investment. Above ~15% is very healthy.
  • Cash operating profitabilityProfitability measured on cash actually collected, not on accounting profit. High readings mean reported profit is backed by real money.
  • Net margin (DuPont breakdown)The margin component of the DuPont breakdown of returns. Higher means the firm keeps more of every unit sold.

How fast does it grow?

45 · weak
  • Rule of 40Revenue growth added to the profitability margin. Above 40 means a good balance between growth and profitability.
  • Consecutive years of dividend growthHow many years in a row the dividend per share has grown, without a single break. A long streak shows a company that can afford to raise the payout to shareholders year after year.

Is profit backed by real cash?

52 · average

The Societatea Energetica Electrica SA Piotroski score is 6 out of 9. The earnings quality signals are mixed.

  • Piotroski F-score (0–9)Nine financial health checks; each one passed adds a point. 7 or more means improving fundamentals.
  • Beneish M-scoreModel that detects patterns of aggressive accounting. Below −1.78 means no signals of aggressive reporting. A statistical test, not an accusation.
  • Montier C-score (0–6)Six warning signals about the quality of accounting. 0–1 is clean; 4 or above calls for caution.
  • Accruals ratio (Sloan)How much of reported profit is accounting only, rather than cash collected. Low or negative means profit is backed by real money.

How efficiently does it use its money?

24 · very weak

Money put into sales comes back to Societatea Energetica Electrica SA in 84 days, more slowly than at most companies in the sector.

  • Cash conversion cycleHow many days pass between paying suppliers and collecting from customers. Low or negative means the company funds operations with its partners' money.
  • Cash conversion cycle (5-year average)The five-year average of the conversion cycle — it shows consistency, not just this year. Stable and low means durable operational discipline.
  • Cash conversion rateHow much of accounting profit actually turns into cash. Above 100% means profit is more than covered by real money.

The scores are percentiles against companies in the same sector, not absolute marks. A low score means the sector is doing better, not necessarily that the figures are bad.

financial data

The income statement, balance sheet and cash flows of Societatea Energetica Electrica SA. Totals and main components are shown by default; the rest open from “all rows”.

revenue9.00 bn−8.4%2020202420206.50 bn20217.18 bn202210.01 bn20239.82 bn20249.00 bn
operating income769.6 m−32.6%202020242020247.5 m2021−730.7 m2022−101.2 m20231.14 bn2024769.6 m
net income389.6 m−49.6%202020242020387.5 m2021−552.9 m2022−240.4 m2023772.2 m2024389.6 m
Income statement, annual, 5 periods
 2024Δ 20232023202220212020
9.00 bn100%−8.4%9.82 bn100%10.01 bn100%7.18 bn100%6.50 bn100%

Everything the company collected from sales, before any expense. At Societatea Energetica Electrica SA, in 2024: 9.00 bn · Δ −8.4% (2023).

7.65 bn85.1%−24.5%10.13 bn103%11.25 bn112%6.32 bn88.1%4.73 bn72.8%

What it cost to produce what was sold: materials, labour, the factory. At Societatea Energetica Electrica SA, in 2024: 7.65 bn · Δ −24.5% (2023).

1.34 bn14.9%+529%−313.0 m-3.2%−1.24 bn-12.3%856.3 m11.9%1.77 bn27.2%

What is left from sales after the direct cost of the product, before admin salaries and research. At Societatea Energetica Electrica SA, in 2024: 1.34 bn · Δ +529% (2023).

gross margin14.9%14.9%-3.2%-3.2%-12.3%-12.3%11.9%11.9%27.2%27.2%
23.6 m0.3%−11.7%26.7 m0.3%26.4 m0.3%11.7 m0.2%12.2 m0.2%

Sales and admin salaries, marketing, rent, everything that keeps the company running. At Societatea Energetica Electrica SA, in 2024: 23.6 m · Δ −11.7% (2023).

8.23 bn91.4%−5.2%8.68 bn88.4%10.11 bn101%7.91 bn110%6.25 bn96.2%

The sum of expenses that do not go directly into the product. At Societatea Energetica Electrica SA, in 2024: 8.23 bn · Δ −5.2% (2023).

769.6 m8.6%−32.6%1.14 bn11.6%−101.2 m-1.0%−730.7 m-10.2%247.5 m3.8%

Profit from the core business, before interest and tax. At Societatea Energetica Electrica SA, in 2024: 769.6 m · Δ −32.6% (2023).

operating margin8.6%8.6%11.6%11.6%-1.0%-1.0%-10.2%-10.2%3.8%3.8%
Reconciled depreciation598.2 m6.6%+14.0%524.5 m5.3%496.4 m5.0%480.8 m6.7%490.9 m7.6%
Interest income12.1 m0.1%+270%3.3 m0.0%2.8 m0.0%1.8 m0.0%9.0 m0.1%
Interest expense287.0 m3.2%−1.2%290.5 m3.0%164.3 m1.6%29.1 m0.4%26.6 m0.4%
Net interest income−305.8 m-3.4%+2.5%−313.7 m-3.2%−165.5 m-1.7%−26.5 m-0.4%−16.9 m-0.3%
486.8 m5.4%−45.8%897.9 m9.1%−287.6 m-2.9%−632.4 m-8.8%442.3 m6.8%

Profit left after interest, but before the state takes its share. At Societatea Energetica Electrica SA, in 2024: 486.8 m · Δ −45.8% (2023).

Tax provision97.2 m1.1%−22.7%125.8 m1.3%−47.2 m-0.5%−79.5 m-1.1%54.8 m0.8%
Minority interest33.0 k0.0%−71.1%114.0 k0.0%109.0 k0.0%00.0%—-
389.5 m4.3%−49.5%772.1 m7.9%−240.5 m-2.4%−552.9 m-7.7%387.5 m6.0%

Profit from the businesses the company will still have next year. At Societatea Energetica Electrica SA, in 2024: 389.5 m · Δ −49.5% (2023).

389.6 m4.3%−49.6%772.2 m7.9%−240.4 m-2.4%−552.9 m-7.7%387.5 m6.0%

The profit left for shareholders after absolutely every expense. At Societatea Energetica Electrica SA, in 2024: 389.6 m · Δ −49.6% (2023).

net margin4.3%4.3%7.9%7.9%-2.4%-2.4%-7.7%-7.7%6.0%6.0%
revenue3.09 bn+22.8%Q4 23Q1 26Q4 232.66 bnQ2 241.96 bnQ3 242.23 bnQ4 242.57 bnQ1 252.52 bnQ2 252.17 bnQ3 253.05 bnQ1 263.09 bn
operating income419.7 m+36.3%Q4 23Q1 26Q4 23479.4 mQ2 24−78.3 mQ3 24−92.5 mQ4 24125.3 mQ1 25308.0 mQ2 25−70.1 mQ3 25640.7 mQ1 26419.7 m
net income309.6 m+58.2%Q4 23Q1 26Q4 23353.8 mQ2 24−25.5 mQ3 24200.4 mQ4 2486.9 mQ1 25195.7 mQ2 25225.8 mQ3 25418.3 mQ1 26309.6 m
Income statement, quarterly, 6 periods
 Q1 26Δ Q1 25Q3 25Q2 25Q1 25Q4 24Q3 24
3.09 bn100%+22.8%3.05 bn100%2.17 bn100%2.52 bn100%2.57 bn100%2.23 bn100%

Everything the company collected from sales, before any expense. At Societatea Energetica Electrica SA, in Q1 26: 3.09 bn · Δ +22.8% (Q1 25).

2.18 bn70.5%−6.3%1.88 bn61.9%1.70 bn78.6%2.33 bn92.4%2.59 bn101%1.82 bn81.4%

What it cost to produce what was sold: materials, labour, the factory. At Societatea Energetica Electrica SA, in Q1 26: 2.18 bn · Δ −6.3% (Q1 25).

911.6 m29.5%+377%1.16 bn38.1%462.9 m21.4%191.2 m7.6%−21.0 m-0.8%415.5 m18.6%

What is left from sales after the direct cost of the product, before admin salaries and research. At Societatea Energetica Electrica SA, in Q1 26: 911.6 m · Δ +377% (Q1 25).

gross margin29.5%29.5%38.1%38.1%21.4%21.4%7.6%7.6%-0.8%-0.8%18.6%18.6%
2.67 bn86.4%+20.9%2.41 bn79.0%2.24 bn103%2.21 bn87.8%2.44 bn95.1%2.33 bn104%

The sum of expenses that do not go directly into the product. At Societatea Energetica Electrica SA, in Q1 26: 2.67 bn · Δ +20.9% (Q1 25).

419.7 m13.6%+36.3%640.7 m21.0%−70.1 m-3.2%308.0 m12.2%125.3 m4.9%−92.5 m-4.1%

Profit from the core business, before interest and tax. At Societatea Energetica Electrica SA, in Q1 26: 419.7 m · Δ +36.3% (Q1 25).

operating margin13.6%13.6%21.0%21.0%-3.2%-3.2%12.2%12.2%4.9%4.9%-4.1%-4.1%
Reconciled depreciation150.4 m4.9%+3.3%149.1 m4.9%150.3 m6.9%145.7 m5.8%160.0 m6.2%146.4 m6.6%
Interest income49.2 m1.6%+1,036%33.8 m1.1%8.1 m0.4%4.3 m0.2%4.5 m0.2%3.9 m0.2%
Interest expense104.6 m3.4%+24.6%110.3 m3.6%126.0 m5.8%83.9 m3.3%41.6 m1.6%70.6 m3.2%
Net interest income−55.5 m-1.8%+30.4%−76.4 m-2.5%−117.9 m-5.4%−79.6 m-3.2%−68.1 m-2.7%−66.7 m-3.0%
371.6 m12.0%+59.0%504.3 m16.6%275.2 m12.7%233.8 m9.3%100.8 m3.9%234.2 m10.5%

Profit left after interest, but before the state takes its share. At Societatea Energetica Electrica SA, in Q1 26: 371.6 m · Δ +59.0% (Q1 25).

Tax provision62.0 m2.0%+62.7%86.0 m2.8%49.4 m2.3%38.1 m1.5%13.6 m0.5%33.9 m1.5%
Minority interest00.0%00.0%00.0%00.0%−258.0 k0.0%118.0 k0.0%
309.6 m10.0%+58.2%418.3 m13.7%225.8 m10.4%195.7 m7.8%87.2 m3.4%200.3 m9.0%

Profit from the businesses the company will still have next year. At Societatea Energetica Electrica SA, in Q1 26: 309.6 m · Δ +58.2% (Q1 25).

309.6 m10.0%+58.2%418.3 m13.7%225.8 m10.4%195.7 m7.8%86.9 m3.4%200.4 m9.0%

The profit left for shareholders after absolutely every expense. At Societatea Energetica Electrica SA, in Q1 26: 309.6 m · Δ +58.2% (Q1 25).

net margin10.0%10.0%13.7%13.7%10.4%10.4%7.8%7.8%3.4%3.4%9.0%9.0%
total assets13.94 bn+9.1%201920242019-20208.06 bn20217.88 bn202211.62 bn202312.77 bn202413.94 bn
total liabilities8.24 bn+11.2%201920242019-20202.30 bn20212.93 bn20226.26 bn20237.41 bn20248.24 bn
shareholders equity5.70 bn+6.4%201920242019-20205.76 bn20214.95 bn20225.37 bn20235.36 bn20245.70 bn
Balance sheet, annual, 6 periods
 2024Δ 202320232022202120202019
13.94 bn100%+9.1%12.77 bn100%11.62 bn100%7.88 bn100%8.06 bn100%—-

Everything the company owns: factories, inventory, cash, receivables. At Societatea Energetica Electrica SA, in 2024: 13.94 bn · Δ +9.1% (2023).

6.31 bn45.3%+9.6%5.75 bn45.1%4.55 bn39.2%1.72 bn21.8%2.04 bn25.3%—-

What turns into money in less than a year. At Societatea Energetica Electrica SA, in 2024: 6.31 bn · Δ +9.6% (2023).

Cash454.5 m3.3%+20.5%377.2 m3.0%334.9 m2.9%221.8 m2.8%570.9 m7.1%—-
Short-term investments—-—-190.3 m1.6%—-—-66.5 m-
Net receivables3.68 bn26.4%+44.7%2.54 bn19.9%2.47 bn21.2%1.34 bn17.1%1.03 bn12.8%—-
Inventory111.9 m0.8%−3.3%115.7 m0.9%114.0 m1.0%73.0 m0.9%70.1 m0.9%—-
7.63 bn54.7%+8.8%7.02 bn54.9%7.07 bn60.8%6.16 bn78.2%6.02 bn74.7%—-

What stays in the company for years: buildings, machinery, licences. At Societatea Energetica Electrica SA, in 2024: 7.63 bn · Δ +8.8% (2023).

PP&E, net780.0 m5.6%+22.6%636.0 m5.0%551.5 m4.7%526.4 m6.7%535.2 m6.6%—-
963.7 m6.9%+19.4%807.4 m6.3%737.0 m6.3%694.2 m8.8%690.8 m8.6%—-

The purchase value of buildings and machinery, before accumulated depreciation. That is why it exceeds the net value. At Societatea Energetica Electrica SA, in 2024: 963.7 m · Δ +19.4% (2023).

Goodwill49.8 m0.4%+102%24.7 m0.2%12.0 m0.1%00.0%—-—-
Intangible assets6.71 bn48.1%+7.4%6.25 bn48.9%5.69 bn48.9%5.52 bn70.1%5.46 bn67.8%—-
Other non-current assets784.0 k0.0%−98.5%52.0 m0.4%2.4 m0.0%1.7 m0.0%1.2 m0.0%—-
8.24 bn59.1%+11.2%7.41 bn58.0%6.26 bn53.8%2.93 bn37.2%2.30 bn28.5%—-

Everything the company owes, to banks and suppliers alike. At Societatea Energetica Electrica SA, in 2024: 8.24 bn · Δ +11.2% (2023).

6.04 bn43.4%−3.8%6.28 bn49.2%5.17 bn44.5%2.45 bn31.1%1.53 bn19.0%—-

Debts due in less than a year. At Societatea Energetica Electrica SA, in 2024: 6.04 bn · Δ −3.8% (2023).

Accounts payable765.7 m5.5%−37.2%1.22 bn9.5%1.16 bn10.0%734.8 m9.3%468.8 m5.8%—-
Current portion of long-term debt3.06 bn21.9%−9.4%3.37 bn26.4%2.68 bn23.1%1.14 bn14.4%543.6 m6.7%—-
Other current liabilities970.0 m7.0%+135%412.9 m3.2%290.7 m2.5%130.3 m1.7%—-—-
2.20 bn15.7%+93.7%1.13 bn8.9%1.08 bn9.3%474.7 m6.0%772.7 m9.6%—-

Debts due beyond one year. At Societatea Energetica Electrica SA, in 2024: 2.20 bn · Δ +93.7% (2023).

Long-term debt1.82 bn13.1%+130%794.3 m6.2%647.2 m5.6%118.8 m1.5%400.3 m5.0%—-
Capital lease obligations41.8 m0.3%−3.3%43.2 m0.3%53.7 m0.5%21.5 m0.3%27.6 m0.3%—-
5.70 bn40.9%+6.4%5.36 bn42.0%5.37 bn46.2%4.95 bn62.8%5.76 bn71.5%—-

What would be left for shareholders if everything were sold and every debt paid. At Societatea Energetica Electrica SA, in 2024: 5.70 bn · Δ +6.4% (2023).

3.40 bn24.4%−2.0%3.46 bn27.1%3.46 bn29.8%3.46 bn43.9%3.46 bn43.0%—-

Capital subscribed by shareholders. At Societatea Energetica Electrica SA, in 2024: 3.40 bn · Δ −2.0% (2023).

1.56 bn11.2%+24.0%1.26 bn9.9%1.35 bn11.6%950.2 m12.1%1.76 bn21.8%—-

Past years’ profits the company kept instead of distributing. At Societatea Energetica Electrica SA, in 2024: 1.56 bn · Δ +24.0% (2023).

4.43 bn31.8%+16.7%3.79 bn29.7%3.00 bn25.8%1.03 bn13.1%372.9 m4.6%—-

Debt left after subtracting cash in the bank. Negative means more money than debt. At Societatea Energetica Electrica SA, in 2024: 4.43 bn · Δ +16.7% (2023).

264.7 m1.9%+151%−523.7 m-4.1%−620.8 m-5.3%−732.6 m-9.3%514.5 m6.4%—-

The difference between what it collects and what it pays in the short term. At Societatea Energetica Electrica SA, in 2024: 264.7 m · Δ +151% (2023).

10.58 bn75.9%+11.0%9.53 bn74.6%8.70 bn74.8%6.21 bn78.8%6.70 bn83.2%—-

The capital the business actually has at work. At Societatea Energetica Electrica SA, in 2024: 10.58 bn · Δ +11.0% (2023).

339.6 m-339.6 m-339.6 m-339.6 m-339.6 m-—-

How many shares exist. If the number rises, each shareholder’s slice shrinks. At Societatea Energetica Electrica SA, in 2024: 339.6 m.

total assets18.29 bn+23.5%Q4 23Q1 26Q4 2312.77 bnQ2 2413.47 bnQ3 2412.66 bnQ4 2413.94 bnQ1 2514.81 bnQ2 2514.84 bnQ3 2517.58 bnQ1 2618.29 bn
total liabilities11.04 bn+23.9%Q4 23Q1 26Q4 237.41 bnQ2 248.04 bnQ3 247.05 bnQ4 248.24 bnQ1 258.91 bnQ2 258.78 bnQ3 2511.10 bnQ1 2611.04 bn
shareholders equity7.25 bn+22.9%Q4 23Q1 26Q4 235.36 bnQ2 245.42 bnQ3 245.61 bnQ4 245.70 bnQ1 255.90 bnQ2 256.06 bnQ3 256.48 bnQ1 267.25 bn
Balance sheet, quarterly, 6 periods
 Q1 26Δ Q1 25Q3 25Q2 25Q1 25Q4 24Q3 24
18.29 bn100%+23.5%17.58 bn100%14.84 bn100%14.81 bn100%13.94 bn100%12.66 bn100%

Everything the company owns: factories, inventory, cash, receivables. At Societatea Energetica Electrica SA, in Q1 26: 18.29 bn · Δ +23.5% (Q1 25).

9.04 bn49.4%+27.7%8.28 bn47.1%7.03 bn47.4%7.08 bn47.8%6.31 bn45.3%5.25 bn41.5%

What turns into money in less than a year. At Societatea Energetica Electrica SA, in Q1 26: 9.04 bn · Δ +27.7% (Q1 25).

Cash2.09 bn11.4%+137%1.67 bn9.5%663.0 m4.5%884.6 m6.0%454.5 m3.3%640.5 m5.1%
Short-term investments1.11 bn6.1%870.6 m5.0%—-—-—-—-
Net receivables1.79 bn9.8%−50.2%3.38 bn19.2%3.41 bn22.9%3.60 bn24.3%3.68 bn26.4%3.01 bn23.8%
Inventory78.6 m0.4%+2.3%118.8 m0.7%99.3 m0.7%76.8 m0.5%111.9 m0.8%116.7 m0.9%
Other current assets69.0 m0.4%—-—-—-—-—-
9.25 bn50.6%+19.7%9.29 bn52.9%7.81 bn52.6%7.73 bn52.2%7.63 bn54.7%7.41 bn58.5%

What stays in the company for years: buildings, machinery, licences. At Societatea Energetica Electrica SA, in Q1 26: 9.25 bn · Δ +19.7% (Q1 25).

PP&E, net798.6 m4.4%+0.3%768.3 m4.4%767.4 m5.2%796.0 m5.4%780.0 m5.6%705.0 m5.6%
798.6 m4.4%+0.3%768.3 m4.4%767.4 m5.2%796.0 m5.4%963.7 m6.9%705.0 m5.6%

The purchase value of buildings and machinery, before accumulated depreciation. That is why it exceeds the net value. At Societatea Energetica Electrica SA, in Q1 26: 798.6 m · Δ +0.3% (Q1 25).

Goodwill51.9 m0.3%+4.4%49.8 m0.3%49.8 m0.3%49.8 m0.3%49.8 m0.4%24.7 m0.2%
Intangible assets7.15 bn39.1%+5.4%7.07 bn40.2%6.88 bn46.3%6.78 bn45.8%6.71 bn48.1%6.52 bn51.5%
Other non-current assets6.4 m0.0%+132%35.2 m0.2%6.4 m0.0%2.8 m0.0%784.0 k0.0%51.4 m0.4%
11.04 bn60.4%+23.9%11.10 bn63.1%8.78 bn59.2%8.91 bn60.2%8.24 bn59.1%7.05 bn55.7%

Everything the company owes, to banks and suppliers alike. At Societatea Energetica Electrica SA, in Q1 26: 11.04 bn · Δ +23.9% (Q1 25).

5.36 bn29.3%−3.1%5.29 bn30.1%5.43 bn36.6%5.54 bn37.4%6.04 bn43.4%4.97 bn39.3%

Debts due in less than a year. At Societatea Energetica Electrica SA, in Q1 26: 5.36 bn · Δ −3.1% (Q1 25).

Accounts payable1.15 bn6.3%−8.0%1.03 bn5.9%955.8 m6.4%1.25 bn8.4%765.7 m5.5%1.02 bn8.0%
Current portion of long-term debt2.63 bn14.4%+7.8%2.62 bn14.9%2.57 bn17.3%2.44 bn16.5%3.06 bn21.9%2.60 bn20.5%
Other current liabilities430.1 m2.4%−46.3%591.5 m3.4%828.1 m5.6%801.5 m5.4%970.0 m7.0%646.3 m5.1%
5.68 bn31.0%+68.3%5.80 bn33.0%3.36 bn22.6%3.37 bn22.8%2.20 bn15.7%2.08 bn16.4%

Debts due beyond one year. At Societatea Energetica Electrica SA, in Q1 26: 5.68 bn · Δ +68.3% (Q1 25).

Long-term debt5.23 bn28.6%+74.3%5.39 bn30.7%2.96 bn19.9%3.00 bn20.3%1.82 bn13.1%1.72 bn13.6%
Capital lease obligations53.9 m0.3%+7.6%47.2 m0.3%49.3 m0.3%50.1 m0.3%41.8 m0.3%46.1 m0.4%
Other non-current liabilities30.8 m0.2%−8.8%33.5 m0.2%33.4 m0.2%33.8 m0.2%—-33.3 m0.3%
7.25 bn39.6%+22.9%6.48 bn36.9%6.06 bn40.8%5.90 bn39.8%5.70 bn40.9%5.61 bn44.3%

What would be left for shareholders if everything were sold and every debt paid. At Societatea Energetica Electrica SA, in Q1 26: 7.25 bn · Δ +22.9% (Q1 25).

3.40 bn18.6%3.40 bn19.3%3.40 bn22.9%3.40 bn22.9%3.40 bn24.4%3.40 bn26.8%

Capital subscribed by shareholders. At Societatea Energetica Electrica SA, in Q1 26: 3.40 bn.

3.08 bn16.8%+75.0%2.34 bn13.3%1.92 bn13.0%1.76 bn11.9%1.56 bn11.2%1.50 bn11.9%

Past years’ profits the company kept instead of distributing. At Societatea Energetica Electrica SA, in Q1 26: 3.08 bn · Δ +75.0% (Q1 25).

5.77 bn31.5%+26.6%6.34 bn36.1%4.86 bn32.8%4.55 bn30.8%4.43 bn31.8%3.68 bn29.1%

Debt left after subtracting cash in the bank. Negative means more money than debt. At Societatea Energetica Electrica SA, in Q1 26: 5.77 bn · Δ +26.6% (Q1 25).

3.68 bn20.1%+138%2.99 bn17.0%1.61 bn10.8%1.54 bn10.4%264.7 m1.9%278.0 m2.2%

The difference between what it collects and what it pays in the short term. At Societatea Energetica Electrica SA, in Q1 26: 3.68 bn · Δ +138% (Q1 25).

15.11 bn82.6%+33.3%14.49 bn82.5%11.59 bn78.0%11.33 bn76.5%10.58 bn75.9%9.93 bn78.4%

The capital the business actually has at work. At Societatea Energetica Electrica SA, in Q1 26: 15.11 bn · Δ +33.3% (Q1 25).

339.6 m-339.6 m-339.6 m-339.6 m-339.6 m-339.6 m-

How many shares exist. If the number rises, each shareholder’s slice shrinks. At Societatea Energetica Electrica SA, in Q1 26: 339.6 m.

from operations700.6 m+316%201920242019-2020667.9 m2021−194.4 m2022−1.18 bn2023168.3 m2024700.6 m
Cash flows, annual, 6 periods
 2024Δ 202320232022202120202019
363.5 m-−41.4%620.5 m-559.0 m-−552.9 m-387.5 m-—-

The profit left for shareholders after absolutely every expense. At Societatea Energetica Electrica SA, in 2024: 363.5 m · Δ −41.4% (2023).

598.2 m-+14.0%524.5 m-496.4 m-480.8 m-490.9 m-—-

The accounting wear on buildings and machinery. It lowers profit but takes no cash out. At Societatea Energetica Electrica SA, in 2024: 598.2 m · Δ +14.0% (2023).

−382.3 m-+69.9%−1.27 bn-−1.53 bn-−104.9 m-−143.4 m-—-

Money tied up in or released from inventory, receivables and payables. At Societatea Energetica Electrica SA, in 2024: −382.3 m · Δ +69.9% (2023).

of which: inventory3.8 m-+323%−1.7 m-−41.0 m-−2.9 m-4.3 m-—-
Other non-cash items274.4 m-−3.7%285.0 m-154.6 m-26.5 m-9.6 m-—-
700.6 m-+316%168.3 m-−1.18 bn-−194.4 m-667.9 m-—-

The money the business actually produced, before investment. At Societatea Energetica Electrica SA, in 2024: 700.6 m · Δ +316% (2023).

1.25 bn-+42.7%877.0 m-553.9 m-500.6 m-647.0 m-0-

Money put into factories, machinery and equipment. At Societatea Energetica Electrica SA, in 2024: 1.25 bn · Δ +42.7% (2023).

−1.26 bn-−41.7%−885.9 m-−554.9 m-−203.2 m-−568.9 m-—-

Purchases and sales of financial holdings. At Societatea Energetica Electrica SA, in 2024: −1.26 bn · Δ −41.7% (2023).

—-—-—-—-0-1.1 m-

Money raised by issuing new shares.

40.0 m-−0.4%40.1 m-152.3 m-247.6 m-245.8 m-—-

Money given to shareholders as dividends. At Societatea Energetica Electrica SA, in 2024: 40.0 m · Δ −0.4% (2023).

698.8 m-−15.5%826.9 m-2.03 bn-−151.2 m-—-—-

Loans taken minus loans repaid. At Societatea Energetica Electrica SA, in 2024: 698.8 m · Δ −15.5% (2023).

77.2 m-+82.5%42.3 m-113.1 m-−811.5 m-149.1 m-—-

How much the cash in the bank rose or fell. At Societatea Energetica Electrica SA, in 2024: 77.2 m · Δ +82.5% (2023).

377.2 m-+12.6%334.9 m-−405.6 m-406.0 m-256.9 m-—-

Cash in the bank at the start of the period. At Societatea Energetica Electrica SA, in 2024: 377.2 m · Δ +12.6% (2023).

454.5 m-+20.5%377.2 m-334.9 m-−405.6 m-406.0 m-256.9 m-

Cash in the bank at the end of the period. At Societatea Energetica Electrica SA, in 2024: 454.5 m · Δ +20.5% (2023).

−550.7 m-+22.3%−708.8 m-−1.73 bn-−695.0 m-20.9 m-—-

The money left after the business paid for its investments. Dividends and debt repayment come from here. At Societatea Energetica Electrica SA, in 2024: −550.7 m · Δ +22.3% (2023).

from operations482.0 m+922%Q1 24Q1 26Q1 24-Q2 24249.4 mQ3 241.36 bnQ4 24−341.8 mQ1 2547.2 mQ2 2557.5 mQ3 25927.3 mQ1 26482.0 m
Cash flows, quarterly, 6 periods
 Q1 26Δ Q1 25Q3 25Q2 25Q1 25Q4 24Q3 24
309.6 m-+58.2%418.3 m-225.8 m-195.7 m-86.9 m-200.4 m-

The profit left for shareholders after absolutely every expense. At Societatea Energetica Electrica SA, in Q1 26: 309.6 m · Δ +58.2% (Q1 25).

150.4 m-+3.3%149.1 m-150.3 m-145.7 m-160.0 m-146.4 m-

The accounting wear on buildings and machinery. It lowers profit but takes no cash out. At Societatea Energetica Electrica SA, in Q1 26: 150.4 m · Δ +3.3% (Q1 25).

−5.9 m-+97.6%264.4 m-−481.2 m-−249.7 m-−595.9 m-1.01 bn-

Money tied up in or released from inventory, receivables and payables. At Societatea Energetica Electrica SA, in Q1 26: −5.9 m · Δ +97.6% (Q1 25).

of which: inventory13.1 m-−62.6%−19.6 m-−22.4 m-35.1 m-4.8 m-−8.8 m-
Other non-cash items55.5 m-+5,292%76.4 m-198.5 m-−1.1 m-36.6 m-66.7 m-
482.0 m-+922%927.3 m-57.5 m-47.2 m-−341.8 m-1.36 bn-

The money the business actually produced, before investment. At Societatea Energetica Electrica SA, in Q1 26: 482.0 m · Δ +922% (Q1 25).

123.3 m-−34.9%339.2 m-243.8 m-189.6 m-381.3 m-292.2 m-

Money put into factories, machinery and equipment. At Societatea Energetica Electrica SA, in Q1 26: 123.3 m · Δ −34.9% (Q1 25).

−49.0 m-—-−235.6 m-0-−383.3 m-−296.3 m-

Purchases and sales of financial holdings. At Societatea Energetica Electrica SA, in Q1 26: −49.0 m.

18.0 k-111.0 k-—-—-41.0 k-39.9 m-

Money given to shareholders as dividends. At Societatea Energetica Electrica SA, in Q1 26: 18.0 k.

−266.6 m-−147%2.48 bn-22.9 m-573.3 m-544.8 m-−856.0 m-

Loans taken minus loans repaid. At Societatea Energetica Electrica SA, in Q1 26: −266.6 m · Δ −147% (Q1 25).

59.5 m-−86.2%965.1 m-−221.6 m-430.2 m-−186.1 m-162.3 m-

How much the cash in the bank rose or fell. At Societatea Energetica Electrica SA, in Q1 26: 59.5 m · Δ −86.2% (Q1 25).

2.03 bn-+347%663.0 m-884.6 m-454.5 m-640.5 m-478.2 m-

Cash in the bank at the start of the period. At Societatea Energetica Electrica SA, in Q1 26: 2.03 bn · Δ +347% (Q1 25).

2.09 bn-+137%1.67 bn-663.0 m-884.6 m-454.5 m-640.5 m-

Cash in the bank at the end of the period. At Societatea Energetica Electrica SA, in Q1 26: 2.09 bn · Δ +137% (Q1 25).

358.7 m-+352%588.1 m-−186.3 m-−142.4 m-−723.1 m-1.07 bn-

The money left after the business paid for its investments. Dividends and debt repayment come from here. At Societatea Energetica Electrica SA, in Q1 26: 358.7 m · Δ +352% (Q1 25).

earnings and surprises

25%Beat rate

Mixed surprises

Next report

for Q1 26

Not yet announcedThe announced date, 27 May 2026, has passed. The company has not yet given the next one.

Societatea Energetica Electrica SA beat history

last 8 quarters

Average reaction when it missesAverage reaction when it missesBeat rateAverage reaction when it missesAverage reaction when it missesAverage reaction when it missesAverage reaction when it missesBeat rate

Of the last 8 quarterly reports from Societatea Energetica Electrica SA, 1 came in above analyst estimates and 2 below.

Beat rate25%
Average reaction when it beats−2.3%
Average reaction when it misses+0.3%of 2 misses, the price rose 2 times

How the Societatea Energetica Electrica SA share price reacted

The move in Societatea Energetica Electrica SA shares on the day after each report. The middle line is zero.

reportresultnext day5 days
15 November 2024+−2.29%5z −3.8%
15 May 2024−+0.44%5z +1.2%
11 March 2024−+0.16%5z +3.3%
15 May 2023−—5z +2.3%
7 March 2023−—5z +2.3%
15 November 2022+—5z +2.3%
17 August 2022−—5z +2.3%
13 May 2022−—5z +2.3%

Too few beats to see a pattern in the price reaction.

How the price moves around the reportover 3 reports before and 8 after
+0.8%−4.3%+3.5%−0.0%
15 days beforereport day15 days after
Before the report
  • 5d before—3 reports
  • 10d before—3 reports
  • 21d before—3 reports
  • 42d before—2 reports
After the report
  • next day+0.0%rose 12% of the time
  • 5d after+1.5%rose 88% of the time
  • 10d after+2.8%rose 88% of the time
  • 15d after+1.9%rose 38% of the time

The pattern repeats in 67% of cases, on a sample of 8 quarters. It remains a small sample.

Everything is measured against the price on the report day, marked by the vertical line. Each half is the average of the trajectories from the quarters with enough price history, which is why the samples can differ.

What can go wrong

Risks & Resilience

Risks in Societatea Energetica Electrica SA (EL) stock: balance sheet strength, distance from financial distress, and behaviour in past crises. The low-risk score is 84.0 out of 100, in the upper end of the market.

84.0 · strongLow risk

debt and solvency

95.9credit health

Nothing to fault

A balance sheet is judged on two things: whether the company can pay its debts out of what it produces, and how far it is from not being able to pay them at all. For Societatea Energetica Electrica SA, both answers are below.

Can it pay its debts?

Societatea Energetica Electrica SA: Yes. The filings do not separate debt and interest, but the credit health score comes to 95.9 out of 100, at the upper end of the scale.

7595.9Credit health scoreComposite score summarising the firm's ability to carry its debt. Above 70 points to a solid balance sheet.
1.534.00xInterest coverageHow many times operating profit covers the interest the company owes in a year. Above 3 is comfortable; below 1.5 means interest eats almost all the profit.
38.66Distance to default (Merton)How many standard deviations the firm value sits above its debt level. Above 3 is a comfortable margin.

How close is it to default?

Societatea Energetica Electrica SA: Very far. The composite score is 6.8 out of 100, on a scale where lower is better, and no model signals strain.

Probability of distress (Ohlson)Statistical model estimating the risk of financial distress. Low means a balance sheet under no strain.
Probability of distress (Zmijewski)Alternative model for estimating financial distress risk. Low means limited risk; useful as a cross-check on the Ohlson model.
Probability of default (Merton)Estimated chance the firm cannot service its debt over one year. Below 1% means negligible credit risk.

Forensic signals

0Clean

Statistical models that look for patterns associated with aggressive reporting. Societatea Energetica Electrica SA: no signal raised.

The quality of reported profit

Beneish M-scoreModel that detects patterns of aggressive accounting. Below −1.78 means no signals of aggressive reporting. A statistical test, not an accusation.
Montier C-score (0–6)Six warning signals about the quality of accounting. 0–1 is clean; 4 or above calls for caution.
Accruals ratio (Sloan)How much of reported profit is accounting only, rather than cash collected. Low or negative means profit is backed by real money.
Cash conversion rateHow much of accounting profit actually turns into cash. Above 100% means profit is more than covered by real money.
Goodwill shareHow much of the company’s assets are goodwill - the premium paid over book value in acquisitions. Above 30% of assets means a large part of the balance sheet depends on acquisitions working out.

What the model raised

The models raised no signal for this company.

These are statistical screening models, not accusations. A signal means “worth a closer look”, not “this is fraud”. The Beneish, Montier, Sloan and Piotroski models are published in the academic literature; the thresholds used are those from the original papers.

A statistical screening signal, not an accusation of fraud.

Transparency · MAR

behaviour in a crisis

Held up welltwo crises measured

How Societatea Energetica Electrica SA shares behaved when the market fell. Not a forecast, but what happened in the crises the company has already been through.

How much of the market's fall it takes on

how much of the market's fall reaches the stock

amplifies the fall109%Takes on 109% of the market's falls, so it amplifies

the market 100%the stock 109%
  • Held up moderatelyHow well the company held up through economic contractions, against the rest of its sector.
  • Held up moderatelyA composite score folding behaviour across every crisis measured, on a 0 to 100 scale.

What happened in past crises

how well it held up through the measured crises

66Held up well

  • COVID-19 crash−26.1%2020 · far more resilient than its sector
  • 2022 bear market−45.5%2022 · more fragile than its sector
  • Severe recession−30.8%A 2008-style economic contraction, with the market down about 40%
  • Interest rate shock−34.7%A sharp rise in interest rates
  • Market correction−15.4%A broad market decline of about 20%

Societatea Energetica Electrica SA: It suffered more than average in the measured crises, so it is sensitive to market falls.

Maximum drawdown is measured from peak to trough, on the actual price of that period. The scenarios are estimates, computed from historical sensitivity to the market.

Societatea Energetica Electrica SA (EL) stock: biggest drops and how long the recovery took

The falls the price has been through, from a peak to the lowest point, and how long it took to recover.

Biggest drops since 2014

From a peak to the lowest point after it, how long the fall lasted and how long the recovery took.

  • May 2017 - Sep 2022-59.2%fell for 5 years and 5 months, then took 21 months to get back to the peak
  • Aug 2024 - Apr 2025-31.3%fell for 8 months, then took 3 months to get back to the peak
  • Jan 2026 - May 2026-21.3%fell for 3 months, then took 21 days to get back to the peak

Measured on each day’s closing price, adjusted for splits, since 2014-07-07. Elsewhere on this page, drops are measured with dividends reinvested, which is why they can come out slightly smaller there.

What you get while you wait

Dividends and shareholder return

How much Societatea Energetica Electrica SA pays in dividends, how secure it is, and what happens to the share count.

dividends

0.91%Trailing yield

Societatea Energetica Electrica SA pays annual and has distributed 0.47 lei per share over the past twelve months, or 0.91% of today's price. Of its profit, 7.99% goes out as dividend.

How much it pays and how secure it is

Trailing yieldDividends over the past twelve months, divided by today's price.
Forward yieldThe dividend announced for the coming year, divided by today's price.
Payout ratioHow much of profit goes out as dividend. A moderate figure leaves room to grow.
Dividend growth 5YAverage annual growth in dividend per share over five years.
Consecutive years of growthHow many years in a row the dividend per share has grown, without a single break.
Dividend safetyHow well the dividend is covered by profit and by cash.

Recent payments

  • Last dividend0.29 lei · ex-date June 2, 2026
  • Frequencyannual
  • Payments in the last 12 months2
  • Dividends over 12 months0.47 lei
  • Next ex-dividend (estimated)~June 2, 2027 · in 242 days
  • Cut risk30/100
ex-dateamountvs previous
June 2, 20260.29 lei+66.7%
June 3, 20250.18 lei+50.0%
May 30, 20240.12 lei+0.0%
May 30, 20230.12 lei−73.8%
May 24, 20220.45 lei−38.4%
June 2, 20210.73 lei+0.7%
June 5, 20200.72 lei−0.7%
June 6, 20190.73 lei—

Past returns do not necessarily repeat.

shareholder return

-3.75%total return

Societatea Energetica Electrica SA paid 0.33% in dividends but raised more capital than it returned, so the balance comes out at -3.75%.

0.33%from dividends
-5.69%from new debt
-3.75%total return
  • 5Y allocation · dividends21.21%

A negative total return means the company raised capital during the period, through borrowing or new shares, not that it took money from shareholders.

What you would have made

What has already happened, taken out of percentages and put into money.

What you would have made by investing in Societatea Energetica Electrica SA (EL) stock

1,000 lei put in Societatea Energetica Electrica SA stock 10 years ago, with dividends reinvested, would have grown to 5,837 lei, a return of 19.29% a year. On the share price alone, without dividends, it would have been 2,846 lei. Type your own amount and everything recalculates.

lei
  • 3 years ago6,427 leiof which 5,427 lei is gain, at 85.92% a year
  • 5 years ago4,586 leiof which 3,586 lei is gain, at 35.61% a year
  • 10 years ago5,837 leiof which 4,837 lei is gain, at 19.29% a year

These figures have already happened and are not an estimate for what comes next. Dividends are reinvested in the same stock, and the amounts are in the currency the stock trades in, before tax and fees.

Who owns it and what they do with it

Holders and flow

Who stands behind Societatea Energetica Electrica SA shares, what they buy and sell, and who bets against them.

institutional ownership

Societatea Energetica Electrica SA has 17.62% of its shares held by institutional investors and 57.40% by internal holders.

Who holds how much

InstitutionsHow much of the stock is held by funds, banks and other professional investors.
Internal holdingsHow much is held by people and entities inside the company or close to it.

For companies outside US markets, the source does not publish the holder list. Only the percentages above remain.

indices and ETFs

Societatea Energetica Electrica SA shares are held by 10 exchange-traded funds and belong to 3 indices.

Funds that hold it

Funds that hold it
fundsymbolweightassets
Consumer Staples Select Sector SPDRXLP.US1.41%$14.67B
Vanguard FTSE Developed Markets ETFVEA.US19.00%$222.8B
Vanguard High Dividend Yield ETFVYM.US8.00%$78.33B
iShares Core MSCI World UCITSIWDA.LSE7.04%$101.7B
Vanguard Value ETFVTV.US7.00%$179.59B
Vanguard Total World Stock ETFVT.US5.00%$74.09B
iShares Core S&P 500 UCITSCSPX.LSE3.40%$146.69B
Vanguard Total Stock Market Index Fund ETF SharesVTI.US3.00%$653.54B
Vanguard S&P 500 ETFVOO.US3.00%$1.03T
Vanguard FTSE Emerging Markets ETFVWO.US1.00%$118.82B
See all funds

Indices it belongs to

  • S&P 5000.03%
  • Bucharest Exchange Trading Total Return Index (BET-TR)
  • CAC 40

The weight is how much the share counts inside that fund, not how much of the company the fund owns.

Where it stands against the rest

Context & Comparisons

A number on its own says nothing. Here Societatea Energetica Electrica SA is placed next to its sector, its industry and the market, so every figure gets a position.

Position in sector

Utilitiessector

Societatea Energetica Electrica SA belongs to the Utilities sector, in the Utilities - Regulated Electric industry. Below, each indicator sits next to the sector and industry median.

Against sector and industry

indicatorcompanysector medianindustry medianposition
7.04%9.39%9.86%35
Return on equityHow much net profit the company generates from shareholders' money. Above ~15% is very good; consistency matters as much as the level.
2.92%2.55%2.79%59
Return on assetsHow much profit the company draws from the assets it owns. Above ~5% is solid, though it varies widely by industry.
4.33%10.26%13.15%33
Net margin (DuPont breakdown)The margin component of the DuPont breakdown of returns. Higher means the firm keeps more of every unit sold.
31.55x17.22x19.55x17
Price / earnings (trailing 12 months)How many years of current profit you pay for one share. Judged against sector and growth rate, never in isolation.
1.37x1.92x2.24x-
Price / sales (trailing 12 months)How many times annual sales you pay for a share. Useful for companies without profit; judged against the sector, not in absolute terms.
1.30%3.48%3.36%16
Dividend yield (trailing 12 months)Dividends paid over the past year against the current price. Judged together with sustainability, not on level alone.
10.26%51.42%61.99%-
Payout ratioHow much of the profit is paid out as dividend. Below 60% leaves room to grow; above 100% means the dividend exceeds the profit.
-4.48%-0.81%-3.29%44
Free cash flow yieldHow much free cash the company produces relative to its market value. Above ~5% is attractive; below 2% is expensive.

Position is the percentile within the sector: 100 is the best value among the companies compared, 0 the weakest. The direction is already inverted where lower is better, as with debt or price/earnings.

Against the market

periodELBETTRdifference
1M20.10%2.22%+17.88%
3M18.15%9.42%+8.73%
6M47.81%34.28%+13.53%
1Y144.70%70.89%+73.81%
3Y327.23%196.08%+131.15%
5Y235.25%265.83%−30.58%

Returns are cumulative over the period shown, not annualised. The difference is how much the company returned above or below the benchmark.

Transparency · MAR

Comparable companies

6comparable

Companies with a profile close to Societatea Energetica Electrica SA, chosen by how they move and what kind of stock they are - not by what they make.

The 6 closest

symbolcompanysimilarityscore
SÜSS MicroTec SESMHN.XETRASÜSS MicroTec SETechnology92.1%66.2
2G Energy AG2GB.XETRA2G Energy AGIndustrials90.2%56.4
SNR.LSESenior PLCIndustrials90.1%46.7
HTG.LSEHunting PLCEnergy87.9%59.4
GNS.LSEGenus PLCHealthcare87.5%33.7
SAGA.LSESaga plcFinancial Services87.5%37.5

Similarity is computed from exposure to the same style factors, not from the line of business. That is why companies from other sectors can appear in the list. It is not a recommendation and not a list of alternatives.

Direct competitors

symbolcompanycountryscore
ELI.BRElia Group SA/NVBE56.6
ENA.WAREnea S.A.PL61.6
KEP.USKorea Electric Power Corp ADRUS30.1
EMA.USEmera IncorporatedUS34.2
RED.MCRedeia Corporacion S.A.ES4.5
LNT.USAlliant Energy CorpUS37.1

Competitors from the same industry, Utilities - Regulated Electric. The list is ordered by company size, but the figure is not shown: it comes in each market’s own currency, so the values are not comparable.

How the price moves

Market & Momentum

So far this has been about the company. From here on it is about the share: how much it swings, how deep it fell, and whether the move was worth the risk.

Volatility and risk

38.32%one-year volatility

How choppy Societatea Energetica Electrica SA has been, and how deep its falls have gone.

How much it swings

1.03like the marketBetaHow strongly the share moves when the market moves. Below 1 is calmer than the market; above 1 amplifies its moves.
1.00Downside betaHow much the share moves against the market, measured ONLY on days the market falls. Lower than ordinary beta = falls less than it rises. Higher = amplifies the falls.
1.33Beta over the last yearThe same market sensitivity, but computed on the last twelve months only. Compared with long-term beta, it shows whether the share has turned choppier lately.
1.04Raw betaHow much the share moves against the market, without the usual statistical adjustment. Above 1 = moves more than the market. This is the unsmoothed figure; adjusted beta is steadier.
market
Annualised volatility (1 year)How much the price swings over a year, as a standard deviation. Lower means a smoother ride, not necessarily a higher return.
Annualised volatility (3 years)How widely the price swings in a year, measured over the last three. Below 20% is calm; above 40% takes a strong stomach.

How deep it fell

−51.46%Maximum drawdownThe largest peak-to-trough fall over the period analysed. Smaller is easier to sit through.
0.00%Current drawdownHow far today’s price sits below the highest peak reached. Zero means it is at the peak. The deeper it is, the more there is to recover.
−8.82%Distance from the 52-week highHow far the price sits below its highest level of the past 52 weeks. Near zero = at the high. Deeply negative = it has given up a lot from the peak.
33.47%Likely worst-case drawdownHow deep the fall could be in the worst 5% of scenarios. Lower is better. It is a statistical estimate, not a guaranteed floor.
Ulcer index (1 year)How deep and how long the falls of the past year were, in a single figure. Lower is better: it measures discomfort, not just swing.
Ulcer index (3 years)How deep and how long the falls below previous peaks have been. Low means few long stretches spent below the peak.
Days to recoverHow many days the price needed to return to its peak after the largest fall. Fewer is better. Hundreds of days means patience was tested.

Volatility and beta are computed from daily prices over the last year and the last three. They measure the past; they are not forecasts.

The words next to the figures are states with established names, not recommendations: “oversold” does not mean “worth buying”. Verdicts appear only on the risk ratios, where there is a clear direction of better.

Return against risk

2.71one-year Sharpe

The same gain earned with wide or narrow swings is not worth the same. The figures below divide the return by the risk it was earned with.

How much return for each unit of risk

2.711.54goodSharpe ratioReturn above the risk-free rate for each unit of volatility. Above 1 is good; above 2 is remarkable.
4.742.43goodSortino ratioLike Sharpe, but only penalising downward swings, not upward ones. Above 1.5 means good return relative to downside risk.
1.651.33goodOmega ratioThe ratio of gains to losses over the past year, weighted by their size. Above 1 means the good side weighed more than the bad.
0
Total return, 12 monthsGain over the past year, with dividends reinvested. Compared with the benchmark index, not in isolation.
Calmar ratioAnnual return divided by the largest drawdown suffered. Above 0.5 is decent. It says how much return you got for each unit of pain.
Treynor ratio (1 year)Return above the risk-free rate divided by beta - against market risk, not total swing. Higher is better. Useful when the share is held in a portfolio rather than alone.

All of them measure gain against some form of risk: Sharpe against total swing, Sortino against downward swing only, Calmar against the deepest fall, Treynor against market risk. Above 1 is generally good, but these compare between companies, not in absolute terms.

The words next to the figures are states with established names, not recommendations: “oversold” does not mean “worth buying”. Verdicts appear only on the risk ratios, where there is a clear direction of better.

Trend and oscillators

68.7014-day RSI

Where the Societatea Energetica Electrica SA share price sits against its moving averages, and how stretched the recent move is.

Against the averages

50-day moving averageThe average price over the last fifty trading sessions. It is the short-term reference: price above it means a recent upward trend.
200-day moving averageThe average price over the last two hundred sessions. It is the long-term reference, the most watched line in technical analysis.
yesAbove the 200-day averageWhether today’s price is above or below the long-term average. Above is read as a structural uptrend; below, a downtrend.
yesShort average above the long oneWhether the 50-day average is above the 200-day. When the short crosses above the long it is called a golden cross; the reverse, a death cross.
upMoving-average crossover stateWhich average is on top, expressed as +1 or −1. +1 = short above long; −1 = the reverse.
upParabolic SAR directionThe direction signal given by the Parabolic SAR indicator. +1 = uptrend; −1 = downtrend.

Oscillators

307068.70no signalRelative strength index (RSI 14)How fast the price rose or fell over the last fourteen days, on a scale from 0 to 100. Below 30 is considered oversold, above 70 overbought. In between, no signal.
-100100106.68above the channelCommodity channel index (CCI 20)How far the price is from its twenty-day average, measured in typical deviations. Between −100 and +100 is normal; outside that, an unusual move against the recent pattern.
010.81in the bandPosition in the Bollinger bandWhere the price sits between the lower band (0) and the upper band (1) of the volatility channel. Below 0 or above 1 means the price has left the channel - rare, and usually brief.
202531.81clear trendTrend strength (ADX 14)How clear the price direction is, whether it rises or falls. Above 25 = a clear trend; below 20 = it moves sideways.
MACD lineThe gap between the 12-day and the 26-day exponential average - how fast direction is changing. Above the signal and rising means upward momentum.
MACD signalThe nine-day average of the MACD line. It is the threshold the line is read against. It is not judged on its own: what matters is whether the line is above or below it.
MACD histogramThe gap between the MACD line and its signal - how fast momentum is changing. Positive and rising = upward momentum; negative = downward momentum.
On-balance volume slope (50 days)Where cumulative volume is heading over the last fifty sessions. Positive means more is being accumulated than distributed.

The thresholds marked on the scales are the usual ones in technical analysis: 30 and 70 for RSI, ±100 for CCI, 0 and 1 for the Bollinger band, 20 and 25 for trend strength. They are widely used conventions, not rules.

The words next to the figures are states with established names, not recommendations: “oversold” does not mean “worth buying”. Verdicts appear only on the risk ratios, where there is a clear direction of better.

Who it suits

10/22checks passed

Each row below is a way of investing. The more checks Societatea Energetica Electrica SA passes on one, the better it suits that way - there is no “correct” row.

StrongestFinancial health
WeakestGrowth
  • failedUpside to fair valueHow much room there is between today’s price and the value computed from discounted cash flows. Positive means the model sees the share below its value.
  • failedPrice / earnings (trailing 12 months)How many years of current profit you pay for one share. Judged against sector and growth rate, never in isolation.
  • passedPrice / sales (trailing 12 months)How many times annual sales you pay for a share. Useful for companies without profit; judged against the sector, not in absolute terms.
  • failedFree cash flow yieldHow much free cash the company produces relative to its market value. Above ~5% is attractive; below 2% is expensive.
  • failedMargin of safetyHow far the market price sits below our fair-value estimate. Positive and wide means buying below value. Negative means paying above it.
  • not applicableReturn on capital above its costWhether the return on invested capital exceeds the weighted average cost of capital. Above the cost of capital the company creates value; below, it destroys it.
  • failedReturn on equityHow much net profit the company generates from shareholders' money. Above ~15% is very good; consistency matters as much as the level.
  • failedNet margin (DuPont breakdown)The margin component of the DuPont breakdown of returns. Higher means the firm keeps more of every unit sold.
  • not applicableCompetitive moatHow well defended the company’s position is against competitors. A wide moat means profit is harder to erode.
  • failedPiotroski F-scoreNine balance-sheet and profitability checks, one point for each one passed. Above 7 out of 9 is considered solid; below 3, weak.
  • passedSloan ratioHow much of the profit comes from accounting accruals rather than cash received. Near zero is better: the profit shows up in the account, not just the report.
  • passedWarning flagsThe number of forensic flags raised by the reporting-quality models. Zero is what you want to see.
  • not applicableDebt / EBITDAHow many years of operating profit it would take to cover total debt. Below 3 is comfortable; above 4 becomes a burden.
  • passedProbability of default (Merton)Estimated chance the firm cannot service its debt over one year. Below 1% means negligible credit risk.
  • passedBehaviour in recessionHow the share behaved through recent economic contractions. A smaller fall than the market shows resilience.
  • not applicableEarnings per share growth (5-year annual)Average yearly growth in earnings per share. Faster than revenue means expanding margins or buybacks.
  • not applicableRevenue growth (5-year annual)Average yearly revenue growth over the past five years. Above ~10% is solid growth for a mature company.
  • failedRule of 40Revenue growth added to the profitability margin. Above 40 means a good balance between growth and profitability.
  • failedDividend yield (trailing 12 months)Dividends paid over the past year against the current price. Judged together with sustainability, not on level alone.
  • passedPayout ratioHow much of the profit is paid out as dividend. Below 60% leaves room to grow; above 100% means the dividend exceeds the profit.
  • failedStreak of good reportsHow many quarters in a row the company has beaten expectations. A long streak shows predictability; a broken one, a change.
  • failedTotal shareholder yieldDividends, buybacks and debt reduction taken together. The full picture of money returned to shareholders.
  • passedBeats, last yearHow many times over the last year the result came in above estimates. More beats suggest cautious estimates or good execution.
  • passedBeats, three yearsHow many times over the last three years the result came in above estimates. More beats suggest cautious estimates or good execution.
  • failedBeats, five yearsHow many times over the last five years the result came in above estimates. More beats suggest cautious estimates or good execution.
  • passedPrice momentumThe direction and strength of the recent price move. Positive means the recent trend is upward.
  • passedSharpe ratio (1 year)Return above the risk-free rate for each unit of volatility. Above 1 is good; above 2 is remarkable.

A failed check is not a flaw in itself: a growth company fails almost everything to do with value, and that is normal. What matters is the pattern, where it passes and where it fails, not the count on its own.

Transparency · MAR

Key figuresIndicatorsPros and consVerdict
AnalystsFair valueProjections
ProfitabilityGrowthEarnings qualityCapital efficiencyFinancial statementsEarnings reports
Debt and solvencyForensics and manipulationBehaviour in crisesBiggest drops
DividendsShareholder yieldWhat you would have made
Institutional holdingsIndices and ETFs
Position in sectorComparable companiesWho it suits
Volatility and riskRisk-adjusted returnTrend and oscillators