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TotalEnergies SE (TTFNF)

Fair bewertet
EnergyOil & Gas IntegratedFrance

Fundamental

69

Kurs

$74.59

Marktkapitalisierung

$179.04B

Teil 1 · Was das Unternehmen wert ist

Übersicht

TotalEnergies is a French multi-energy company that finds and produces oil and natural gas, liquefies and ships gas as LNG, refines crude into fuels and petrochemicals, and increasingly builds and operates power plants and renewable energy assets. It sells across the full chain from wellhead to gas station and household electricity meter, in more than 100 countries, and has been shifting new investment toward gas and low-carbon power alongside its traditional oil business.

Wie das Geld verdient wird

Revenue is organized in five businesses: Exploration & Production sells crude oil and gas at prices set by global commodity markets, Integrated LNG liquefies and sells gas under long-term contracts and spot cargoes (43.9 million tonnes sold in 2025), Integrated Power sells electricity from a growing renewables and gas-fired fleet (34.1 GW of renewable capacity), Refining & Chemicals turns crude into fuels and plastics, and Marketing & Services sells fuel and convenience products through service stations. Because oil and gas prices are set externally rather than by TotalEnergies, profit depends heavily on the cost of finding and producing each barrel relative to whatever the market happens to be paying.

Was die Nachfrage antreibt

Zyklisch

Results move with global oil and gas prices, which swing with worldwide economic activity, OPEC+ production decisions and geopolitical events far outside the company's control. TotalEnergies itself lists price fluctuations in crude oil and natural gas, and the evolution of demand and prices for petroleum products, among the market risk factors that drive its results.

Wichtigste Risiken

  • Oil and gas price volatility — The company names price fluctuations in crude oil and natural gas, and the evolution of demand and price for petroleum products, as market risk factors directly affecting its results.
  • Geopolitical tensions and external threats — The 20-F risk factor section names geopolitics and external threats as a distinct risk category, noting that heightened geopolitical tensions are pushing different regions of the world down increasingly divergent paths that affect operations and markets.
  • Energy transition uncertainty — Energy transition is named as its own risk category; the company states that achieving ambitious climate scenarios currently seems out of reach given the state of geopolitical tensions, which affects the pace and profitability of its low-carbon investments.
  • Operational risk — The 20-F lists operational risks as a distinct category alongside market and geopolitical risk, covering the hazards inherent in exploring for, producing, transporting and refining hydrocarbons across a large global asset base.

Written by the editors, published on 18. August 2026

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Bilanz & Liquidität

Umsatz

$196.38B

Letzte 12 Monate (bis 30.6.2026)

Nettogewinn

$17.84B

Letzte 12 Monate (bis 30.6.2026)

Freier Cashflow

$13.53B

Gesamtes Eigenkapital

$110.49B

Gesamtverbindlichkeiten

$62.92B

Current Ratio

1.06

Zinsdeckungsgrad

-

Schulden/EBITDA

1.59

Gewinn je Aktie

Umsatz & Nettogewinn

Freier Cashflow

Ertragsaufschlüsselung

Historische Aufstellung

Margen im Zeitverlauf

Verschuldung im Zeitverlauf

Wie schwer die Schulden wiegen

Wachstumsraster

Wachstum — Umsatz

Innerer-Wert-Schätzung

ZyklischFair bewertet

Innerer Wert

$96.47

Aktueller Kurs

$74.59

Sicherheitsmarge

+22.7%

Innerer-Wert-Spanne

$73.80 - $119.14

Streubreite zwischen den verwendeten Bewertungsmethoden, kein statistisch kalibriertes Konfidenzintervall.

Bewertungsmethoden

Kursziel der Analysten:$86.00
Diskontierter Cashflow (DCF):Nicht anwendbar für diesen Unternehmenstyp
Gewinnmultiplikator (P/E):$61.29
Graham-Wachstumsformel:Nicht anwendbar für diesen Unternehmenstyp
Ertragskraftwert (EPV):$123.11
Gerechtfertigtes P/B:Nicht anwendbar für diesen Unternehmenstyp
Dividendendiskontierung (Gordon):Nicht anwendbar für diesen Unternehmenstyp
P/FFO, Funds from Operations:Nicht anwendbar für diesen Unternehmenstyp
Gewinn im Zyklusmittel:Nicht genügend Daten zur Berechnung
Umsatzmultiplikator:Nicht anwendbar für diesen Unternehmenstyp
Analystenkonsens:Kaufen (19B / 10H / 4S)
Letzte Gewinnüberraschung:-2.01%

Bewertungskennzahlen

P/E-Verhältnis

11.61

ROE

14.5%

P/B-Verhältnis

1.62

P/FCF

13.23

Bruttomarge

37.7%

ROIC

11.4%

Rentabilitäts-Radar

Wertschöpfung (Wettbewerbsvorteil)

ROIC

11.4%

WACC

5.9%

ROIC − WACC

+5.5 pp

Der ROIC übersteigt die Kapitalkosten: Das Unternehmen schafft Wert für die Aktionäre.

Fundamentalanalyse-Kriterien

Bestanden (13)

  • Price CAGR 5.49%
  • ROIC 11.4%
  • Gross Margin 37.7%
  • P/FCF 13.23
  • P/B Ratio 1.62
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • Current Ratio
  • Debt/EBITDA
  • ROE 14.8%
  • Revenue Growth 5Y 8.8%
  • Analyst Consensus 58% Buy
  • Earnings Quality (OCF/NI) 2.52

Nicht bestanden (5)

  • CapEx intensity
  • DCF valuation (Fairly valued)
  • Earnings Surprise avg 0.4%
  • Net Margin Trend 7.2% vs 8.1%
  • Piotroski F-Score 2/9

Nicht verfügbar (9)

  • EPS data insufficient
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • Interest Coverage
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Price below Graham Number
  • PEG Ratio (need PE > 0 and growth > 0)
  • Share Dilution (missing shares data)

Piotroski F-Score

2/9

Ernsthafte finanzielle Bedenken

score
criteria

Gewinnqualität

2.52

Hohe Qualität: Gewinne durch Cashflow gedeckt

Aktienverwässerung

-

Aktienrückkäufe. Aktionärsfreundlich

Institutionelle Beteiligungen

Für dieses Unternehmen liegen keine institutionellen Meldungen vor.

Unternehmensführung

Führungsteam

NamePositionAlter
Mr. Patrick PouyanneChairman & CEO62
Mr. Jean-Pierre SbraireChief Financial Officer60
Ms. Marie-Noëlle SemeriaSenior VP & Group CTO-
Mr. Michel HourcardSVP of Development & Ops Techniques - Exploration/Production & SVP of Scientific & Technical Center-
Mr. Renaud LionsSenior Vice President of Investor Relations-
Mr. Emmanuelle GuéganPresident Marketing & Services-
Ms. Catherine RemyPresident of People & Social Engagement47
Mr. Martin DeffontainesSenior Vice President of Talent Management60
Mr. Stephane MichelPresident of Gas, Renewables & Power52
Mr. Laurent VivierSenior Vice President of Middle East & North Africa - Exploration and Production55

Prüfungsrisiko

10

Vorstandsrisiko

5

Vergütungsrisiko

1

Aktionärsrechterisiko

5

Teil 2 · Der Preis und der Einstiegszeitpunkt

Dieser Teil sagt nicht, ob das Unternehmen etwas taugt: Er hilft bei der Wahl des Kaufzeitpunkts, nachdem die Fundamentaldaten überzeugt haben. Enthalten: technische Analyse, Potenzial, historische Drawdowns, Gamma-Exposure.

Latest News

Recent headlines for TTFNF, sourced from Markets Gazette.

No recent news for TTFNF.