(ELEC) Électricite de Strasbourg - Ratings and Ratios

Électricité de Strasbourg Société Anonyme (ELEC:PA) is a leading utility company specializing in the distribution of electricity and natural gas to residential, commercial, and public sectors in France. Beyond energy supply, the company is deeply involved in designing, building, and managing infrastructure for electrical systems, industrial facilities, and public lighting. It also operates heating networks and provides expertise in energy-efficient renovations and collective catering solutions. Established in 1899, the company has a long-standing presence in Strasbourg and operates as a subsidiary of EDF Développement Environnement SA, a major player in Frances energy landscape. Its commitment to innovation and sustainability positions it as a key contributor to the regions energy transition.

From a technical standpoint, ELEC has shown steady upward momentum, with its SMA 20, 50, and 200 all trending below the current price of 138.50. This indicates a bullish trajectory, supported by an ATR of 2.42, suggesting moderate volatility. Over the next three months, the stock is likely to maintain its upward trend, potentially reaching 145-150, driven by consistent demand for utility services and EDFs strategic positioning in renewable energy projects.

Fundamentally, ELECs market cap of 975.05M EUR reflects its stable market presence, while its P/E ratio of 6.90 signals undervaluation relative to industry peers. The P/B ratio of 1.95 aligns with sector averages, and its RoE of 42.83% highlights strong profitability. These metrics, combined with its focus on renewable energy and grid modernization, position the company for sustained growth. The next quarter is expected to see continued expansion in renewable electricity projects, further bolstering its financial outlook.