Equity Brief · Utilities2026-10-27
IGN1L.VS·Utilities

Next reporting 11 Nov 2026In 14 days

AB Ignitis grupe

I · AI Analysis

The brief

Ignitis develops and operates renewable energy projects including wind farms, generates electricity and heat from both renewable sources and waste, and distributes electricity and natural gas across Lithuania and neighboring countries [Yahoo Finance]. The company also trades electricity, maintains power transmission infrastructure, and provides vehicle leasing services [Yahoo Finance].

AB Ignitis grupe is a Lithuanian utility company operating renewable energy projects, power distribution networks, and electricity trading across the Baltics and Poland [Yahoo Finance]. The company recently priced a 300 million euro green bond offering [Yahoo Finance], but has proposed delaying a major Baltic Sea wind farm project [LRT]. With trailing-twelve-month revenue of EUR 2.7B through 30 June 2026, the company carries significant debt at 3.6 times EBITDA and negative free cash flow [Sentinellis calculation].

The company generates EUR 2.7B in revenue but carries heavy debt and burns cash, with negative free cash flow of EUR 225.9M [Sentinellis calculation].

The brief AI analysisConfidence 6/10

Sentinellis health

Moderate concerns

6.3/10

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

Profitability

16% of score3.3/10
Net margin+6.2%· need ≥ 11.4%, the lower third of utilities in our libraryGross margin+31.5%

Returns on capital

16% of score0.0/10
ROIC+5.3%· need > 10%Return on equity+6.4%· need > 12%

Growth & momentum

21% of score10.0/10
Revenue growth+6.3%Operating margin trend+1.7pp YoY

Balance sheet

21% of score10.0/10
Current ratio1.2x· not applicable to this kind of companyNet debt / EBITDA3.6xInterest coverage5.3xDebt / equity0.83

Cash generation

16% of score3.3/10
Free cash flowEUR -225.9M· need positiveCash vs reported profitEUR 454.0M vs EUR 166.0M

Value creation

11% of score10.0/10
ROIC vs cost of capital+2.1pp

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

EUR 1.6B

Revenue (TTM)

EUR 2.7B

Explainers

How we read these numbers

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II · Recent news

What moved

2 stories · ranked by relevance

  • Company2026-10-20

    Ignitis Group prices its inaugural EUR 300 million 5-year EuGB bonds - Yahoo Finance

    Yahoo Finance

  • Company2026-10-21

    Ignitis Group proposes delay to 700-MW Baltic Sea wind farm project - LRT

    LRT

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The company carries net debt of 3.6 times EBITDA, a leverage level that limits financial flexibility and increases vulnerability to rising interest rates [Sentinellis calculation]

1 of 5 risks in this report

Risks

5

Opportunities

5

Red flags

1

Leadership

9

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

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III · Related

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Produced 27 Oct 2026, 10:46 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