2G ENERGY AG (2GB.DE) Fundamental Analysis & Valuation

FRA:2GB • DE000A0HL8N9

34.825 EUR
+0.08 (+0.22%)
Last: Mar 9, 2026, 03:32 PM

This 2GB.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

7

2GB gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 73 industry peers in the Electrical Equipment industry. 2GB scores excellent points on both the profitability and health parts. This is a solid base for a good stock. 2GB is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make 2GB suitable for growth and quality investing!


Dividend Valuation Growth Profitability Health

8

1. 2GB.DE Profitability Analysis

1.1 Basic Checks

  • In the past year 2GB was profitable.
  • In the past year 2GB had a positive cash flow from operations.
  • In the past 5 years 2GB has always been profitable.
  • 2GB had a positive operating cash flow in each of the past 5 years.
2GB.DE Yearly Net Income VS EBIT VS OCF VS FCF2GB.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M 20M 30M 40M 50M

1.2 Ratios

  • With an excellent Return On Assets value of 9.29%, 2GB belongs to the best of the industry, outperforming 89.04% of the companies in the same industry.
  • The Return On Equity of 2GB (17.11%) is better than 72.60% of its industry peers.
  • 2GB's Return On Invested Capital of 9.03% is fine compared to the rest of the industry. 2GB outperforms 73.97% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for 2GB is in line with the industry average of 9.64%.
  • The last Return On Invested Capital (9.03%) for 2GB is above the 3 year average (8.52%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 9.29%
ROE 17.11%
ROIC 9.03%
ROA(3y)8.04%
ROA(5y)7.95%
ROE(3y)15.25%
ROE(5y)14.87%
ROIC(3y)8.52%
ROIC(5y)9.85%
2GB.DE Yearly ROA, ROE, ROIC2GB.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • 2GB's Profit Margin of 5.91% is fine compared to the rest of the industry. 2GB outperforms 72.60% of its industry peers.
  • In the last couple of years the Profit Margin of 2GB has grown nicely.
  • The Operating Margin of 2GB (8.34%) is better than 69.86% of its industry peers.
  • In the last couple of years the Operating Margin of 2GB has grown nicely.
  • 2GB has a Gross Margin of 38.78%. This is in the better half of the industry: 2GB outperforms 60.27% of its industry peers.
  • In the last couple of years the Gross Margin of 2GB has grown nicely.
Industry RankSector Rank
OM 8.34%
PM (TTM) 5.91%
GM 38.78%
OM growth 3Y6.41%
OM growth 5Y5.64%
PM growth 3Y10.01%
PM growth 5Y7.63%
GM growth 3Y2.27%
GM growth 5Y3.16%
2GB.DE Yearly Profit, Operating, Gross Margins2GB.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

9

2. 2GB.DE Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so 2GB is still creating some value.
  • The number of shares outstanding for 2GB remains at a similar level compared to 1 year ago.
  • The number of shares outstanding for 2GB has been increased compared to 5 years ago.
  • 2GB has a better debt/assets ratio than last year.
2GB.DE Yearly Shares Outstanding2GB.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
2GB.DE Yearly Total Debt VS Total Assets2GB.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

2.2 Solvency

  • 2GB has an Altman-Z score of 6.68. This indicates that 2GB is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 6.68, 2GB belongs to the best of the industry, outperforming 91.78% of the companies in the same industry.
  • 2GB has a debt to FCF ratio of 0.74. This is a very positive value and a sign of high solvency as it would only need 0.74 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 0.74, 2GB belongs to the top of the industry, outperforming 93.15% of the companies in the same industry.
  • A Debt/Equity ratio of 0.05 indicates that 2GB is not too dependend on debt financing.
  • With an excellent Debt to Equity ratio value of 0.05, 2GB belongs to the best of the industry, outperforming 90.41% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF 0.74
Altman-Z 6.68
ROIC/WACC1.08
WACC8.32%
2GB.DE Yearly LT Debt VS Equity VS FCF2GB.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M

2.3 Liquidity

  • 2GB has a Current Ratio of 24565.26. This indicates that 2GB is financially healthy and has no problem in meeting its short term obligations.
  • 2GB's Current ratio of 24565.26 is amongst the best of the industry. 2GB outperforms 100.00% of its industry peers.
  • A Quick Ratio of 10495.20 indicates that 2GB has no problem at all paying its short term obligations.
  • The Quick ratio of 2GB (10495.20) is better than 100.00% of its industry peers.
Industry RankSector Rank
Current Ratio 24565.26
Quick Ratio 10495.2
2GB.DE Yearly Current Assets VS Current Liabilites2GB.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

7

3. 2GB.DE Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 35.90% over the past year.
  • 2GB shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.79% yearly.
  • 2GB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.87%.
  • Measured over the past years, 2GB shows a quite strong growth in Revenue. The Revenue has been growing by 9.70% on average per year.
EPS 1Y (TTM)35.9%
EPS 3Y23.36%
EPS 5Y17.79%
EPS Q2Q%30.67%
Revenue 1Y (TTM)14.87%
Revenue growth 3Y12.14%
Revenue growth 5Y9.7%
Sales Q2Q%29.51%

3.2 Future

  • The Earnings Per Share is expected to grow by 19.25% on average over the next years. This is quite good.
  • Based on estimates for the next years, 2GB will show a quite strong growth in Revenue. The Revenue will grow by 12.76% on average per year.
EPS Next Y-15.94%
EPS Next 2Y19.87%
EPS Next 3Y19.19%
EPS Next 5Y19.25%
Revenue Next Year3.61%
Revenue Next 2Y12.02%
Revenue Next 3Y12.4%
Revenue Next 5Y12.76%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
2GB.DE Yearly Revenue VS Estimates2GB.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 200M 400M 600M 800M
2GB.DE Yearly EPS VS Estimates2GB.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 1 2 3 4

4

4. 2GB.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • 2GB is valuated quite expensively with a Price/Earnings ratio of 25.42.
  • Based on the Price/Earnings ratio, 2GB is valued a bit cheaper than 76.71% of the companies in the same industry.
  • 2GB's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.29.
  • With a Price/Forward Earnings ratio of 19.54, 2GB is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of 2GB indicates a somewhat cheap valuation: 2GB is cheaper than 71.23% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.60, 2GB is valued a bit cheaper.
Industry RankSector Rank
PE 25.42
Fwd PE 19.54
2GB.DE Price Earnings VS Forward Price Earnings2GB.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 2GB indicates a somewhat cheap valuation: 2GB is cheaper than 65.75% of the companies listed in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as 2GB.
Industry RankSector Rank
P/FCF 63.82
EV/EBITDA 14.23
2GB.DE Per share data2GB.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

  • The excellent profitability rating of 2GB may justify a higher PE ratio.
  • 2GB's earnings are expected to grow with 19.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.43
EPS Next 2Y19.87%
EPS Next 3Y19.19%

5

5. 2GB.DE Dividend Analysis

5.1 Amount

  • 2GB has a yearly dividend return of 0.57%, which is pretty low.
  • Compared to an average industry Dividend Yield of 0.87, 2GB pays a bit more dividend than its industry peers.
  • With a Dividend Yield of 0.57, 2GB pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.57%

5.2 History

  • The dividend of 2GB is nicely growing with an annual growth rate of 8.61%!
Dividend Growth(5Y)8.61%
Div Incr Years4
Div Non Decr Years6
2GB.DE Yearly Dividends per share2GB.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 0.05 0.1 0.15

5.3 Sustainability

  • 14.65% of the earnings are spent on dividend by 2GB. This is a low number and sustainable payout ratio.
  • The dividend of 2GB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP14.65%
EPS Next 2Y19.87%
EPS Next 3Y19.19%
2GB.DE Yearly Income VS Free CF VS Dividend2GB.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M 20M 30M
2GB.DE Dividend Payout.2GB.DE Dividend Payout, showing the Payout Ratio.2GB.DE Dividend Payout.PayoutRetained Earnings

2GB.DE Fundamentals: All Metrics, Ratios and Statistics

2G ENERGY AG

FRA:2GB (3/9/2026, 3:32:55 PM)

34.825

+0.08 (+0.22%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)01-29
Earnings (Next)N/A
Inst Owners10.7%
Inst Owner ChangeN/A
Ins Owners44%
Ins Owner ChangeN/A
Market Cap624.76M
Revenue(TTM)414.31M
Net Income(TTM)24.49M
Analysts80
Price Target41.06 (17.9%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.57%
Yearly Dividend0.17
Dividend Growth(5Y)8.61%
DP14.65%
Div Incr Years4
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)5.09%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-15.09%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.23%
Revenue NY rev (3m)-2.23%
Valuation
Industry RankSector Rank
PE 25.42
Fwd PE 19.54
P/S 1.51
P/FCF 63.82
P/OCF 26.56
P/B 4.36
P/tB 4.75
EV/EBITDA 14.23
EPS(TTM)1.37
EY3.93%
EPS(NY)1.78
Fwd EY5.12%
FCF(TTM)0.55
FCFY1.57%
OCF(TTM)1.31
OCFY3.76%
SpS23.09
BVpS7.98
TBVpS7.33
PEG (NY)N/A
PEG (5Y)1.43
Graham Number15.68
Profitability
Industry RankSector Rank
ROA 9.29%
ROE 17.11%
ROCE 13.11%
ROIC 9.03%
ROICexc 9.58%
ROICexgc 10.05%
OM 8.34%
PM (TTM) 5.91%
GM 38.78%
FCFM 2.36%
ROA(3y)8.04%
ROA(5y)7.95%
ROE(3y)15.25%
ROE(5y)14.87%
ROIC(3y)8.52%
ROIC(5y)9.85%
ROICexc(3y)9.54%
ROICexc(5y)11.26%
ROICexgc(3y)9.98%
ROICexgc(5y)11.76%
ROCE(3y)12.37%
ROCE(5y)14.31%
ROICexgc growth 3Y-9.19%
ROICexgc growth 5Y-5.37%
ROICexc growth 3Y-9.35%
ROICexc growth 5Y-5.58%
OM growth 3Y6.41%
OM growth 5Y5.64%
PM growth 3Y10.01%
PM growth 5Y7.63%
GM growth 3Y2.27%
GM growth 5Y3.16%
F-Score6
Asset Turnover1.57
Health
Industry RankSector Rank
Debt/Equity 0.05
Debt/FCF 0.74
Debt/EBITDA 0.17
Cap/Depr 157.95%
Cap/Sales 3.31%
Interest Coverage 42.03
Cash Conversion 54.39%
Profit Quality 39.97%
Current Ratio 24565.26
Quick Ratio 10495.2
Altman-Z 6.68
F-Score6
WACC8.32%
ROIC/WACC1.08
Cap/Depr(3y)166.07%
Cap/Depr(5y)139.17%
Cap/Sales(3y)2.95%
Cap/Sales(5y)2.36%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)35.9%
EPS 3Y23.36%
EPS 5Y17.79%
EPS Q2Q%30.67%
EPS Next Y-15.94%
EPS Next 2Y19.87%
EPS Next 3Y19.19%
EPS Next 5Y19.25%
Revenue 1Y (TTM)14.87%
Revenue growth 3Y12.14%
Revenue growth 5Y9.7%
Sales Q2Q%29.51%
Revenue Next Year3.61%
Revenue Next 2Y12.02%
Revenue Next 3Y12.4%
Revenue Next 5Y12.76%
EBIT growth 1Y28.71%
EBIT growth 3Y19.32%
EBIT growth 5Y15.89%
EBIT Next Year5.71%
EBIT Next 3Y23.61%
EBIT Next 5Y20.64%
FCF growth 1Y955.21%
FCF growth 3Y114.99%
FCF growth 5YN/A
OCF growth 1Y140.75%
OCF growth 3Y82.01%
OCF growth 5Y94.47%

2G ENERGY AG / 2GB.DE FAQ

What is the fundamental rating for 2GB stock?

ChartMill assigns a fundamental rating of 7 / 10 to 2GB.DE.


Can you provide the valuation status for 2G ENERGY AG?

ChartMill assigns a valuation rating of 4 / 10 to 2G ENERGY AG (2GB.DE). This can be considered as Fairly Valued.


How profitable is 2G ENERGY AG (2GB.DE) stock?

2G ENERGY AG (2GB.DE) has a profitability rating of 8 / 10.


What is the valuation of 2G ENERGY AG based on its PE and PB ratios?

The Price/Earnings (PE) ratio for 2G ENERGY AG (2GB.DE) is 25.42 and the Price/Book (PB) ratio is 4.36.


How financially healthy is 2G ENERGY AG?

The financial health rating of 2G ENERGY AG (2GB.DE) is 9 / 10.