What is the intrinsic value of NTGY.MC?

As of 2026-04-03, the Intrinsic Value of Naturgy Energy Group SA (NTGY.MC) is 39.61 EUR. This NTGY.MC valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 26.50 EUR, the upside of Naturgy Energy Group SA is 49.50%.

The range of the Intrinsic Value is 31.15 - 52.74 EUR

Is NTGY.MC undervalued or overvalued?

Based on its market price of 26.50 EUR and our intrinsic valuation, Naturgy Energy Group SA (NTGY.MC) is undervalued by 49.50%.

	Range	Selected	Upside
a
DCF (Growth 5y)	31.15 - 52.74	39.61	49.5%
DCF (Growth 10y)	34.51 - 55.83	42.91	61.9%
DCF (EBITDA 5y)	28.41 - 47.00	37.11	40.0%
DCF (EBITDA 10y)	32.87 - 51.89	41.55	56.8%
Fair Value	65.59 - 65.59	65.59	147.52%
P/E	29.60 - 40.73	34.82	31.4%
EV/EBITDA	26.37 - 55.68	35.29	33.2%
EPV	53.26 - 72.16	62.71	136.6%
DDM - Stable	17.93 - 35.21	26.57	0.3%
DDM - Multi	23.24 - 34.28	27.62	4.2%