Obermatt

Cenergy

BRU:CENER · BE0974303357
Electrical EquipmentMedium

360

47
EV / EBIT68
Price / Owner Earnings100
Owner Earnings Yield1
Dividend Yield63
Price/Sales45
EV / Gross Profit37
Price/Book23
Return on Capital81
Cash Return on Capital32
Return on Equity88
EBIT Margin84
Gross Profitability37
Cash Conversion56
Accruals30
Owner Earnings Margin30
Sales growth46
Profit Growth88
Long-Term EPS Growth78
Reinvestment5
Price momentum100
Debt load34
Refinancing60
Debt Payback1
Liquidity73
Analyst ratings20
Opinion Changes50
Price Target Upside10
Market mood100
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Cenergy clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryBelgium
IndustryElectrical Equipment
SizeMedium
TypePublic Company
ExchangeENXTBR
Founded2016
Employees49
ISINBE0974303357
Last UpdateApr 2, 2026
Themes
Power GridUtility Scale SolarCleanTechOnshore and Offshore WindClean EnergyClimateTechOptical InfrastructureBuilding MaterialManufacturing

Description

Cenergy Holdings SA manufactures and sells aluminium, copper, cables, steel and steel pipes, and other related products. The company focuses on the growing global demand for energy transfer, renewables, and data transmission. The company’s portfolio…

Analysis

Middle-of-the-road

Cenergy Holdings SA sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.

Valuation data is not available for this company.

Growth is moderate; the safety picture is stretched. The company scores 10/20 on our value-creation score: creating some value.

Flags to be aware of: The financial cushion is thinner than comfortable. Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
63
2023202420252026

All-time high

80

Mar 2026

All-time low

30

Nov 2025

Average rank

53

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
45
50
56
81
Price/Earnings
23
58
55
67
Price/Book
23
24
26
62
Dividend Yield
63
38
39
35
Value (overall)
32
27
34
39

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →