CEZ, a. s. (CEZ.PR) stock analysis

In our weekly check, CEZ, a. s. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 7, red flags: 4.

About CEZ, a. s.

CEZ, a. s. is an Utilities company (Renewable Utilities), listed on PRA as CEZ.PR.

What our checks show for CEZ.PR

Red flags

• Analysts expect revenue to shrink about 0.6% a year.
• Revenue fell 5.9% a year over the last 3 years.
• The stock has fallen as much as 75% from a peak. Would you have held through that?
• Thinly traded (about 85 thousand shares a day): buying and selling can move the price.

Warning signs

• Net debt is 1.6x a year of EBITDA (debt/equity 1.25). That limits room in a downturn and raises refinancing risk.
• Earnings per share fell 29% a year over the last 3 years.
• Net profit fell 29% a year over the last 3 years.
• The net margin is only 9.4%: little room if costs rise.
• The dividend takes 87% of profit: little cushion if profit falls.
• The stock is still below its previous peak.
• Return on capital (ROCE) is only 9.9%.

Strengths

• The net margin rose by 5.3 points over 5 years, to 9.4%.
• The gross margin is 51.7% and has risen by 4.1 points: pricing power is holding.
• Operating cash flow is 3.12x net profit: the profit arrives as real cash.
• A large company: market value $33.81 billion.
• Beta 0.07: the stock usually moves less than the market.
• Pay in shares is only 0% of free cash flow.

Next earnings report: 2026-11-12

Questions

What grade does CEZ, a. s. (CEZ.PR) have?

In our weekly check, CEZ, a. s. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 7, red flags: 4. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of CEZ.PR stock?

This week's biggest flags for CEZ, a. s.: Weak revenue forecast, Weak revenue growth, Deep past fall. In total 11 of 25 checks show a warning or a red flag.

What does CEZ, a. s. do?

CEZ, a. s. is an Utilities company (Renewable Utilities), listed on PRA as CEZ.PR.

When does CEZ, a. s. report earnings next?

The next earnings report is expected on 2026-11-12. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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