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.
MVV Energie AG is a publicly listed German energy company headquartered in Mannheim, recognized as one of the country's leading suppliers of electricity, heat, gas, water, and waste treatment services. It operates across the full energy value chain, encompassing generation, trading, distribution through proprietary grids spanning approximately 19,000 kilometers, sales, and innovative energy-related services primarily serving industrial, commercial, and private household customers in Germany and Europe. The company excels in renewable energy, leading in biomass and waste-to-energy generation, while expanding into wind farms, solar parks, photovoltaics, biogas, and biomethane plants via subsidiaries and joint ventures. MVV Energie AG emphasizes sustainability, pioneering the 'Mannheim Model' to achieve climate-positive status by 2035, with science-based net-zero targets certified by the Science Based Targets initiative, earning top ESG ratings from agencies like ISS ESG and Ecovadis. Employing over 6,800 people and reporting around €6.1 billion in annual sales for the 2025 financial year, it plays a pivotal role in Germany's energy transition through modernized infrastructure and green technologies. The majority shareholder is the City of Mannheim via MVV GmbH, underscoring its regional roots in the Rhine-Neckar Metropolitan Region.
Operating margin is thin at 5.05%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 8.5% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 105% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -€4M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€5.48B
▼ -8.5% YoY
Net Income (TTM)
€147M
▼ -25.2% YoY
Op. Margin
3.60%
▲ +0.2pp YoY
ROIC
4.87%
▼ -0.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€103M
▼ -104.8% YoY
Op. Cash Flow (TTM)
-€103M
▼ -14.3% YoY
Net Debt
€1.12B
Cash & Equiv.
€539M
3Y CAGR: -0.7%
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