Skip to Content

Electricite de France SA EDF

Rating as of

Morningstar’s Analysis

Valuation
Currency in EUR
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

Higher Nuclear Output Boosts EDF's 9-Month Turnover, 2021 Guidance Maintained; Shares Fairly Valued

Tancrede Fulop, CFA Senior Equity Analyst

Analyst Note

| Tancrede Fulop, CFA |

We don't expect to materially change our EUR 12.10 fair value estimate for Electricite de France after the no-moat company reported nine-month sales and reiterated its 2021 guidance. The shares look fairly valued.

Read Full Analysis

Company Profile

Business Description

Electricite de France is one of the world's largest energy companies, controlling the French power grid along with a massive global generation fleet. Its French nuclear fleet comprises 58 plants. It operates the largest power supply business in France, which acts as a broker between generators and retail end users, is a major renewable developer, and holds stakes in other energy businesses globally, including a small but growing Chinese footprint. With the acquisition of Areva's nuclear reactor unit in 2017, EDF became an integrated nuclear developer.

Contact
22-30, Avenue de Wagram
Paris, 75382, France
T +33 552081317
Sector Utilities
Industry Utilities - Diversified
Most Recent Earnings
Fiscal Year End Dec 31, 2021
Stock Type
Employees 161,203

Related