Enapter (H2O.F) Stock Price

Enapter Price

XETRA·CLOSED
0.98
​
Market closed

Revenue at Enapter has contracted by 2.7% per year over the past 19 years to 22.10 M EUR. For Enapter, the net margin of -145.5% is down versus -103.1% a few years ago. The consensus 12-month price target for Enapter is 2.83 EUR, about 187.8% above where the stock trades today. Of 11 analysts, 10 rate the stock a buy — an overall Buy consensus.

Enapter stock price

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Enapter business model & stock analysis

Enapter AG is a young company that was founded in Berlin in 2017. Its goal is to contribute to the success of the energy transition through innovative technologies and solutions. The basis of its business model is the development and production of advanced hydrogen generators. These fuel cells generate electricity from hydrogen and oxygen, with only water vapor produced as a waste product. As a result, they are an environmentally friendly alternative to conventional batteries or generators that are based on fossil fuels. Hydrogen also has enormous potential as a storage medium for renewable energies such as solar or wind power. Enapter manufactures its devices not only in Germany but also has its own facility in Italy. This allows the company to flexibly respond to market demands and quickly supply customers in Europe and worldwide. Enapter's offering is diverse. It includes the production of modular hydrogen generators that are easy and quick to scale. This allows customers to receive individually tailored solutions depending on their needs and application areas. Enapter also offers fully integrated systems consisting of fuel cells, electrolyzers, and storage systems. These can be used as autonomous power supply for buildings or as backup solutions for power outages. Of particular interest are Enapter's AEM electrolyzers. These are based on anion exchange membrane technology and have the advantage of being able to operate without salt solutions. This makes them particularly low-maintenance and cost-efficient. Additionally, they can be flexibly adapted to different power requirements, making them a versatile tool for renewable energies. Enapter offers its products and solutions in various sectors. They are used, for example, in industry to make processes more efficient and environmentally friendly. There are also potential applications in the field of mobility. Hydrogen is becoming increasingly interesting as a fuel for vehicles, as it is emission-free and resource-efficient. Enapter has made a name for itself in the industry in a short period of time. The company has been recognized multiple times, including with the GreenTec Award and the Energy Globe Award. Major partners such as Siemens and E.ON have also invested in Enapter and support the company in its mission. The future prospects for Enapter are promising. As a fast-growing company with groundbreaking technologies, it has the potential to significantly change the energy sector. Especially in times of the climate crisis, where environmentally compatible energy supply is more important than ever, Enapter could play an important role.

Frequently asked questions about Enapter

The business model of Enapter AG focuses on the production and distribution of advanced electrolyzers, which are key components in the production of green hydrogen. Enapter AG designs and manufactures electrolyzer modules using groundbreaking Anion Exchange Membrane (AEM) technology. The company aims to offer affordable and scalable green hydrogen solutions to accelerate the global transition to a sustainable energy future. By providing cost-effective and efficient electrolyzers, Enapter AG enables industries, energy providers, and governments to harness the potential of green hydrogen as a clean energy source for various applications. Enapter AG's business model revolves around sustainable and innovative hydrogen production technology.

Enapter AG is primarily active in the hydrogen industry.

The main competitors of Enapter AG in the market include other companies offering hydrogen technologies and solutions. Some notable competitors are companies like Nel ASA, Plug Power Inc, Ballard Power Systems Inc, ITM Power plc, and McPhy Energy SA. These competitors also provide innovative solutions for the production, storage, and utilization of hydrogen. However, Enapter AG distinguishes itself through its unique Anion Exchange Membrane (AEM) electrolysis technology, which enables efficient and cost-effective hydrogen production. By constantly advancing its technology and offering scalable solutions, Enapter AG holds a competitive edge in the market.

Enapter AG is a renewable energy company that specializes in the production of green hydrogen. Established in 2017, Enapter has quickly become a leading provider of advanced electrolyser technology. The company's foundation lies in the desire to combat climate change by developing cost-effective hydrogen generators with the ultimate goal of achieving a sustainable future. Enapter's innovative AEM electrolysis technology has gained recognition worldwide, enabling the widespread adoption of green hydrogen. Through continuous research and development, Enapter AG is revolutionizing the way hydrogen is produced, ensuring a cleaner and greener energy source for various industries.

Enapter AG, a leading company in the field of hydrogen technology, has achieved several significant milestones. Firstly, the company successfully developed and launched its innovative AEM electrolyzers, enabling efficient and scalable production of green hydrogen. This breakthrough technology has gained recognition globally, leading to partnerships and collaborations with renowned organizations and governments. Furthermore, Enapter AG established a state-of-the-art manufacturing facility in Germany, enhancing production capacity and accelerating its market presence. The company's commitment to sustainability and carbon neutrality has been acknowledged through multiple awards and accolades, solidifying Enapter AG's position as a key player in the transition to a clean and renewable energy future.

Enapter AG is primarily present in countries and regions such as Germany, Italy, Thailand, Japan, South Korea, the United States, and Australia.

Enapter AG represents values of sustainability, innovation, and affordability in the field of renewable energy. The company's corporate philosophy revolves around enabling a carbon-free future through its innovative hydrogen solutions. Enapter AG is committed to providing cutting-edge technology that empowers customers to produce green hydrogen and contribute to decarbonization efforts. With a strong focus on research and development, Enapter AG emphasizes continuous improvement and creating solutions that are both economically viable and environmentally friendly. The company's dedication to these values positions it as a leading player in the renewable energy sector and a key contributor to a sustainable future.

Analysts currently set an average price target of 2.83 EUR for the Enapter stock (median: 2.83 EUR), implying +191.4 % versus the latest price. The consensus is based on 11 analyst ratings.

11 analysts currently rate the Enapter stock: 10 recommend buying, 1 holding and 0 selling. For 2026, analysts expect Enapter to generate revenue of 33.93 M EUR and earnings per share of -1.40 EUR.

The Enapter share (H2O.F) is listed on 5 stock exchanges, including: XETRA (H2O.F), München (H2O.MU), Düsseldorf (H2O.DU), Hamburg (H2O.HM).

The Enapter AG is an innovative company specializing in the development and production of hydrogen generators. Its goal is to promote cost-effective and sustainable production of green hydrogen worldwide. This is achieved through the use of electrolyzers that split water into hydrogen and oxygen. The main product of Enapter AG is the "Anion Exchange Membrane (AEM) Electrolyzer System". This system is a revolutionary solution for green hydrogen production and consists of various components such as an anion exchange membrane, an electrode, and a power source. The anion exchange membrane is the heart of the system, as it offers high efficiency at low cost. The electrolyzer system is modular, making it easy to adapt the production capacity to customer requirements. Another core product of Enapter is the "Enapter Plate". This plate is a substrate specifically developed for use in electrolyzers. It is made of a non-conductive material that does not absorb water, preventing the formation of air bubbles and compromising the electrolyzer's efficiency. Enapter also has a separate division called "Enapter Ventures". This is an incubator that supports start-up companies specializing in innovative technologies in the renewable energy and hydrogen production field. Enapter Ventures provides financing, support, and advice to help these companies bring their technology to market. In addition to its core business, Enapter is also involved in education. The company offers a variety of training programs to impart knowledge about hydrogen technology and electrolyzers. These trainings are aimed at students, engineers, scientists, and other interested individuals who want to learn more about green hydrogen and its applications. Enapter's business model is based on licensing its technology and selling its products. The company distributes its products internationally, both directly to governments and to private companies dedicated to green hydrogen production. Enapter has also formed partnerships with various companies and organizations to promote research and development in hydrogen production. In summary, Enapter AG is an innovative company that aims to promote green hydrogen production in a simple and cost-effective manner. Its core product, the AEM electrolyzer system, has the potential to revolutionize the hydrogen technology market. Through its diverse divisions and commitment to education, Enapter also has the opportunity to promote the development of hydrogen technology on a broad scale.

The expected revenue of Enapter is 33.93 M EUR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Enapter is -43.76 M EUR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Enapter is currently -0.70. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Enapter stock.

The price-to-sales ratio (P/S) of Enapter is currently 0.90. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Enapter stock.

The Eulerpool Quality Score for Enapter is 2/10.

The ISIN of Enapter is DE000A255G02. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Enapter is A255G0. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Enapter is H2O.F. The ticker symbol is used to trade Enapter shares on the stock exchange.

Fair ValueTerminal
0.84 EUR
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Construction & Engineering
Number of shares
Employees
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website enapterag.de
Country
Currency
EUR
Initial public offering
—
ISIN
DE000A255G02
Cusip
D70329111
Sedol
BHNC5S4
Market capitalization
27.08 M EURMicro Cap
52-Week Range
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
—
P/E ratio
P/Ee 2026
-0.70
P/Ee 2027
-223.04
P/Ee 2028
8.95
P/Ee 2029
—
P/Ee 2030
—
P/S
P/Se
0.90
EV/EBIT
—
P/B Ratio
0.55
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
-35.27 %
Gross Margin
-54.84 %
EBIT Margin
-118.16 %
Net Margin
-145.52 %
EPS (Earnings Per Share)
-1.03 EUR
Net Debt / EBIT
-1.22
Debt/Equity
0.85
Last updated Oct 3, 2026, 12:49 AM

Enapter Ticker

DÜSSELDORF · H2O.DUFRANKFURT · H2O.FHAMBURG · H2O.HMMUNICH · H2O.MUXETRA · H2O.F

Enapter FIGI

H2O:GR · BBG000BDQ1X1H2O:GF · BBG000BDQ2B3H2O:GD · BBG000BDQ2R6H2O:GY · BBG000BDQ376H2O:GS · BBG000BDQ3H5H2O:GM · BBG000BDQ3V9H2O:GB · BBG000BDQ4D7H2O:GH · BBG000BDQ5R9BUF:XH · BBG000ML1ZT8BUF:XC · BBG000ML20H7BUF:XF · BBG000ML2121BUF:XE · BBG000ML22Q3

All fundamentals and in-depth analysis of Enapter

Our stock analysis for Enapter stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Enapter. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.