Corre Energy BV CORRE

Morningstar Rating
€0.22 +0.02 (10.00%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CORRE is trading at a 294% premium.
Price
€0.22
Fair Value
€5.29
Uncertainty
Extreme
1-Star Price
€24.80
5-Star Price
€8.67
Economic Moat
Jstxc
Capital Allocation

Trading Information

Previous Close Price
€0.20
Day Range
€0.210.23
52-Week Range
€0.113.40
Bid/Ask
€0.23 / €0.26
Market Cap
€17.07 Mil
Volume/Avg
6,459 / 69,267

Key Statistics

Price/Earnings (Normalized)
0.61
Price/Sales
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Corre Energy BV is specialized in the development, construction, and operation of large-scale, underground renewable energy storage facilities. The group develops salt cavern energy storage facilities that use compressed air and hydrogen, and which enable mass energy storage for later use in offsetting the intermittent effects of renewable energy. It is also developing business activities in the production and sale of green energy.
Sector
Utilities
Industry
Utilities - Renewable
Stock Style Box
Total Number of Employees
31

Comparables

Valuation

Metric
CORRE
LCFS
389260
Price/Earnings (Normalized)
0.6132.6532.15
Price/Book Value
1.380.141.96
Price/Sales
0.224.52
Price/Cash Flow
1.6516.09
Price/Earnings
CORRE
LCFS
389260

Financial Strength

Metric
CORRE
LCFS
389260
Quick Ratio
0.070.081.38
Current Ratio
0.300.301.59
Interest Coverage
6.210.320.96
Quick Ratio
CORRE
LCFS
389260

Profitability

Metric
CORRE
LCFS
389260
Return on Assets (Normalized)
−6.57%1.93%2.09%
Return on Equity (Normalized)
−130.45%4.01%6.03%
Return on Invested Capital (Normalized)
−2.55%5.63%3.97%
Return on Assets
CORRE
LCFS
389260

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