Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Not financial advice. Analytical data for research only.
Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.
2G Energy AG is a publicly traded German company and a leading international manufacturer of combined heat and power (CHP) systems for decentralized energy production. Founded in 1995 in Heek, North Rhine-Westphalia, it specializes in highly efficient CHP plants with electrical outputs ranging from 20 to 4,500 kW, operating on fuels such as natural gas, biogas, landfill gas, syngas, and hydrogen. The company also produces large heat pumps (100 to 2,600 kW) and peak-load gensets, achieving efficiencies up to over 90 percent for CHP and 300 to 500 percent for heat pumps. As a comprehensive system provider, 2G Energy AG handles planning, implementation, digital grid integration, maintenance, and service, supported by innovations like malfunction prediction software I.R.I.S. and rental/leasing options. With over 10,000 installations worldwide, it serves diverse sectors including agriculture, municipalities, housing, commercial enterprises, industry, and energy suppliers, employing more than 1,000 people across 17 subsidiaries in six countries. 2G Energy AG plays a pivotal role in the energy transition by enabling reliable, sustainable, and decarbonized power generation through sector coupling and technological leadership.
€57.50
€0.40 (-0.69%)
EOD Aug 7, 2026
Operating margin is thin at 8.89%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue growth slowed to 2.9%, essentially flat. This is a business that needs a catalyst.
At 44x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
43.6x earnings, 25.9x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€376M
▲ +2.9% YoY
Net Income (TTM)
€24M
▲ +31.6% YoY
Op. Margin
8.89%
▲ +1.1pp YoY
ROIC
16.91%
▲ +1.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€40M
▲ +1015.4% YoY
Op. Cash Flow (TTM)
€49M
▲ +192.2% YoY
Net Debt
-€43M
Net Cash Position
Cash & Equiv.
€50M
3Y CAGR: +12.1%
3Y CAGR: +114.8%
Continue Research
At a P/E of 43.6 and a price-to-free-cash-flow of 25.9, 2G Energy (2GB.XETR) trades below a two-stage DCF intrinsic value of about €114.37 per share, so at €57.50 the stock looks undervalued (98.9% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, 2G Energy scores 81/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.3%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €114.37 per share for 2GB.XETR, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €85.78. At today's €57.50, that puts the stock about 98.9% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
2G Energy scores 81 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a high-quality business on these measures. Recent fundamentals include a 8.9% operating margin and a 16.9% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, 2G Energy pays a regular dividend of about €0.17 per share per year (typically in quarterly installments), a yield of roughly 0.3% at the current price. That is a payout ratio of about 12.9% of earnings, so the dividend is amply covered by earnings. 2G Energy has grown the dividend at roughly 11.2% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For 2GB.XETR's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. 2GB.XETR currently trades below its estimated intrinsic value and scores 81/100 on quality (high-quality). It also yields about 0.3%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.