(CENER) Cenergy Holdings - Ratings and Ratios

Cenergy Holdings SA is a Belgium-based industrial group with a rich history dating back to 1949. As a subsidiary of Viohalco S.A., the company specializes in manufacturing and distributing a wide range of critical materials and products, including aluminum, copper, cables, steel, and steel pipes. Its operations are organized into two primary segments: Cables and Steel Pipes.

The Cables division produces a diverse portfolio of products, including submarine and land power cables, wind farm cables, telecommunication cables, and fiber-to-the-home solutions. This segment also caters to high-voltage direct current (HVDC) systems, industrial networks, and railway signaling systems. The company’s product range extends to low, medium, high, and extra-high voltage power cables, ensuring it meets the demands of modern power grids and renewable energy projects.

On the Steel Pipes side, Cenergy Holdings offers onshore and offshore pipelines for the transportation of oil, gas, and hydrogen. It also provides casing pipes for energy applications and hollow structural sections used in construction, power, and telecom industries. Additionally, the company is involved in carbon capture and storage solutions, positioning itself as a player in the emerging clean energy transition.

Beyond manufacturing, Cenergy Holdings provides turnkey solutions, including installation, repair, and replacement services. It offers custom-adapted applications, technical support, and training programs, making it a one-stop-shop for its clients. This comprehensive approach helps the company build long-term relationships with its customers across various industries.

The company serves a broad range of sectors, including power grids, renewable energy (wind and solar), telecommunications, oil and gas, and heavy industries. Its products and services are critical to the infrastructure supporting these industries, making Cenergy Holdings a key supplier in the global market.

From a financial perspective, Cenergy Holdings SA has a market capitalization of approximately 1.85 billion EUR. The stock trades on the Euronext Brussels exchange under the ticker symbol CENER. With a price-to-earnings (P/E) ratio of 15.39 and a forward P/E of 11.25, the company offers a mix of current valuation and future growth potential. Its price-to-book (P/B) ratio of 4.46 and price-to-sales (P/S) ratio of 1.18 provide additional insights into its financial health and market positioning.

As a subsidiary of Viohalco S.A., Cenergy Holdings benefits from being part of a larger industrial conglomerate while maintaining its operational independence. This structure allows the company to leverage shared resources and expertise while focusing on its core competencies in cables and steel pipes. For investors and fund managers, Cenergy Holdings represents a unique opportunity to gain exposure to critical infrastructure materials and renewable energy applications, all while operating in a stable European market.