Equity Brief · Utilities2026-09-01
EL.RO·Utilities

Last results 31 Aug 2026Next reporting 25 Nov 2026

Electrica SA Bucuresti

I · AI Analysis

The brief

Electrica distributes electricity across North Transylvania, South Transylvania, and North Muntenia, supplies power and natural gas to residential and commercial customers, and generates electricity from renewable sources. The company also provides maintenance services for external electricity networks.

Electrica is Romania's regulated electricity utility, operating distribution networks and supplying power to consumers across three regions. The company reported an 8.6% profit increase for the first half of 2026 [Forbes Romania], while accelerating investments in renewable energy and storage [InvesTenergy]. The shares currently trade at a significant premium to the analyst consensus price target range [Analyst consensus].

Electrica is financially healthy with strong profitability and manageable debt, but the figures below run to the quarter ended 31 March 2026 and do not include the results reported on 31 August 2026.

The brief AI analysisConfidence 7/10

Sentinellis health

Financially healthy

8.6/10

7.5+ strong · 4.5–7.5 moderate · under 4.5 weak

Profitability

14% of score6.7/10
Net margin+9.6%Gross margin+34.2%· need > 35%

Returns on capital

14% of score10.0/10
ROIC+12.8%Return on equity+17.6%

Growth & momentum

19% of score5.0/10
Revenue growth-0.7%· need > +5% YoYOperating margin trend+1.3pp YoY

Balance sheet

29% of score10.0/10
Current ratio1.7xNet debt / EBITDA1.8xInterest coverage4.6xDebt / equity1.09

Cash generation

14% of score10.0/10
Free cash flowRON 1.1BCash vs reported profitRON 2.0B vs RON 1.2B

Value creation

10% of score10.0/10
ROIC vs cost of capital+5.5pp

Sentinellis calculation from the published statements — not a score reported by any data source. Each category is scored on the checks that had data; missing inputs are excluded rather than counted as failures.

Market capitalisation

RON 17.7B

Revenue (TTM)

RON 12.0B

II · Recent news

What moved

6 stories · ranked by relevance

  • company2026-09-01

    Electrica își majorează profitul cu 8,6%. Veniturile din furnizarea energiei au crescut cu aproape 1 miliard de lei - Forbes Romania

    Forbes Romania

  • company2026-08-31

    Electrica raportează 457 milioane de lei profit în primul semestru - Ziarul Bursa

    Ziarul Bursa

  • company2026-09-01

    Electrica a înregistrat în primul semestru un profit net de 457,5 milioane - Economedia

    Economedia

  • company2026-09-01

    Electrica a raportat un profit net de 457,5 milioane de lei în S1, în creștere cu 8,6% - Curs De Guvernare

    Curs De Guvernare

  • company2026-09-01

    Societatea Energetica Electrica Reports 8.6% Increase In Net Profit For H1 - TradingView

    TradingView

  • company2026-09-01

    Electrica reports net profit of 457.5 million RON, up 8.6 percent in H1 2026 - The Diplomat Bucharest

    The Diplomat Bucharest

Premium · Free with any account

Revenue declined 0.7% in the trailing twelve months through March 2026, contrasting with the strong first-half 2026 growth reported in August [Yahoo Finance] [Ziarul Bursa], suggesting uneven performance across reporting periods.

1 of 4 risks in this report

Risks

4

Opportunities

4

Red flags

2

Leadership

5

9 more findings in the full report — free with any account.

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Produced 01 Sept 2026, 13:08 UTC

Figures come from company filings and market data. The Sentinellis health score and the wording attached to it are our interpretation of those figures, not numbers the company reported.

Not investment advice and not a recommendation to buy or sell. Sentinellis holds no positions in the companies it covers, takes no payment from issuers, and has no broker referral arrangements.

How every figure and score is calculated