June 20, 2024

Energy in the Equation: Exploring the Valuation Dynamics of Germany’s Energy-Sensitive Firms

Germany is on a steadfast journey to carbon neutrality with its climate law mandating net zero emissions by 2045. Germany’s holistic energy transition, is central to this mission, demanding meticulous planning and strategic action from the corporate sector.

In light of these developments, Alvarez & Marsal have scrutinized the data of the 91 corporations listed on the DAX 40 and MDAX indices from 2017 to 2023, as well as the projections for 2024-2027.

This article delves into the effect of energy-related issues on the valuations of Germany’s large and mid-sized listed companies including:

Energy sensitivity and dynamics
Energy-sensitive firms trading at a discount analysis
Energy-sensitive firms trading at a premium analysis
Outlook for resilience to energy market volatility

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