Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
UN0.DEthis companyUniper SE	€43.90	9.79×	1.15×	0.22×	10.92×	-14.1%	1.8%	0.6%	2.3%	11.8%	1.4%	-11.6%	0.14×	-4.36×	1.59×	1.84×	0.0%	3	2.33	5	A+
EBK.DEEnBW Energie Baden-Württemberg AG	€66.80	-97.14×	1.56×	0.58×	10.7×	-217.1%	8.9%	4.6%	-0.6%	-1.6%	1.4%	21.0%	1.65×	4.89×	2.66×	1.53×	2.8%	3	1.22	2	C+
EDP.LSEDP - Energias de Portugal, S.A.	€5.07	14×	1.43×	1.04×	7.71×	-328.2%	19.3%	19.3%	7.4%	10.1%	4.2%	-10.3%	2.08×	4.23×	2.4×	1.15×	5.1%	5	0.8	3	B+
EOAN.DEE.on Se	€19.16	24.44×	2.19×	0.54×	9.6×	-85.2%	11.6%	7.3%	2.2%	9.0%	4.7%	-2.2%	2.14×	4.52×	3.78×	0.77×	3.4%	5	1.28	3	B
FORTUM.HEFortum Oyj	€23.57	21.39×	1.91×	3.27×	13.61×	846.2%	27.4%	18.8%	15.3%	9.0%	5.0%	2.1%	0.57×	1.44×	5.96×	2.2×	7.7%	6	2.83	3	B
GZGZF.DEEngie S.A.	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Peer median	—	17.69×	1.73×	0.81×	10.15×	-151.1%	15.5%	13.0%	4.8%	9.0%	4.5%	-0.1%	1.86×	4.38×	3.22×	1.34×	4.3%	5	1.25	3	—