H2a.De
H2A.DE is an electric utility company operating in the utilities sector, primarily generating revenue through the production and distribution of electricity.
Business. H2A.DE is an electric utility company operating in the utilities sector, primarily generating revenue through the production and distribution of electricity.
Analyst recommendations
3 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Peers
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · Duke Energy (DUK)
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · NextEra Energy (NEE)
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · Southern Company (SO)
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
H2A.DE is an electric utility company operating in the utilities sector, primarily generating revenue through the production and distribution of electricity.
H2A.DE has a market capitalization of EUR 49.45 million and an enterprise value to revenue ratio of 8.62, indicating a relatively high valuation relative to its revenue. The company's liquidity is assessed as medium, with a negative net cash position after subtracting total debt, suggesting potential short-term financial constraints. The debt-to-equity ratio of 1.37 indicates a moderate level of leverage, with total liabilities of EUR 56.57 million and total equity of EUR 26.70 million.
Profitability metrics for H2A.DE are concerning, with a return on equity of -1.2451, indicating a loss relative to shareholders' equity. The company reported a net income of EUR -33.24 million, reflecting a significant loss for the period. This loss is exacerbated by an operating cash flow of EUR -38.26 million, suggesting operational inefficiencies or high costs.
The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification, which may increase exposure to regional economic or regulatory risks. Capital expenditures of EUR -9.68 million indicate ongoing investment in infrastructure, but the negative cash flow from operations may limit the company's ability to sustain such investments without external financing.
Looking ahead, H2A.DE's growth trajectory is uncertain, with no specific revenue growth projections provided. The company's current financial performance, marked by a significant net loss and negative cash flow, suggests a challenging operating environment. Analysts have provided a mean price target of EUR 3.15, with a median of EUR 3.15, indicating a potential for moderate price appreciation.
Risk factors for H2A.DE include liquidity constraints and the potential for dilution, although the latter is currently assessed as low. The company's negative net cash position and high debt levels may limit its ability to respond to market changes or invest in growth opportunities. No recent events or filings have been disclosed that would significantly alter the company's risk profile.
- H2A.DE is an electric utility with a market capitalization of EUR 49.45 million and a high enterprise value to revenue ratio of 8.62.
- The company reported a net loss of EUR 33.24 million and a negative return on equity of -1.2451, indicating poor profitability.
- H2A.DE has a debt-to-equity ratio of 1.37 and a negative net cash position, suggesting liquidity constraints.
- Analysts have provided a mean price target of EUR 3.15, indicating potential for moderate price appreciation.
- The company's revenue is concentrated in a single segment, increasing exposure to regional risks.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -0,39 |
| Revenue | —no estimate | —no estimate | 18,1M EUR |
| Operating income | —no estimate | —no estimate | -19,1M EUR |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Return On Equitynet_income / total_equity
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Market Capmarket_price * shares_outstanding_diluted
- Ev To Revenueenterprise_value / revenue
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- H2A.DE Market data — financials · 2026-05-28
- H2APEX Group SCA Market data — analyst estimates · 2026-05-28
Ownership & reference
Leadership
- Roland LienauChairman of the Supervisory Board