TotalEnergies (ENXTPA:TTE): Revisiting Valuation After a Steady 10% Three-Month Share Price Rise

TotalEnergies (ENXTPA:TTE) has been quietly grinding higher, and with the share price near €56 after a solid past 3 months, investors are starting to revisit whether the current valuation still makes sense.

See our latest analysis for TotalEnergies.

That gradual climb to €56.1 follows a firm 90 day share price return of almost 10%, while the 1 year total shareholder return above 10% signals steady, dividend backed momentum rather than a speculative sprint.

If TotalEnergies has you thinking about where else steady momentum might be building, now is a good time to scout fast growing stocks with high insider ownership.

With the shares edging higher and analysts still seeing double digit upside, investors now face the key question: is TotalEnergies still trading at a meaningful discount, or is the market already pricing in its future growth?

Most Popular Narrative Narrative: 11.4% Undervalued

Based on the most followed narrative, TotalEnergies last close near €56 sits below an implied fair value in the low €60s, framing a measured upside case.

TotalEnergies is aggressively scaling its renewables and Integrated Power division, with significant increases in renewable power generation and value accretive farm downs, increasing exposure to regulated, stable cash flows as electricity demand rises with electrification suggesting room for long term improvement in net margins and recurring revenues.

Read the complete narrative.

Curious how steady, regulated cash flows, rising margins, and a richer earnings multiple all combine into that higher value estimate? The narrative spells out the numbers that drive this call on growth, profitability, and future buybacks without assuming tech like valuations.

Result: Fair Value of €63.30 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, prolonged subdued oil prices and structural downstream overcapacity could pressure margins, which may delay buybacks and undermine the case for a higher valuation.

Find out about the key risks to this TotalEnergies narrative.

Build Your Own TotalEnergies Narrative

If you see the story differently or want to dig into the data yourself, you can build a custom view in minutes: Do it your way.

A great starting point for your TotalEnergies research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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