Centrus Energy Corp (LEU) stock analysis
Close on Nov 12, 2026Market cap $2.07BP/E 30.5Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Weak7 of 30 checks passed
Centrus Energy passes 7 of the 30 checks behind our score; 10 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 1/6
- Growth
- 2/6
- Past performance
- 3/6
- Financial health
- 1/6
- Dividend
- 0/6
What stands out
Earnings grew over 5 years
Net income grew 7.4% a year on average over the last five fiscal years.
Revenue growing 10%+ a year
Revenue grew 15.2% a year over the last three fiscal years.
Guidance raised
Centrus Energy raised its full year 2026 total revenue outlook on May 5, 2026.
EV/EBITDA below its 5-year median
Centrus Energy's EV/EBITDA of 0.5 is below its 5-year median of 10.1.
What to watch
Margin of safety under 20%
The price is 23.6% above fair value, so there is no margin of safety.
Trading above fair value
The share price of $112.17 is above our fair value estimate of $90.79.
EPS growing under 10% a year
Diluted EPS grew 4.9% a year over the last three fiscal years.
Earnings growth not accelerating
Net income grew -33.0% over the last twelve months, against a 5-year average of 7.4% a year.
Valuation1/6
P/E above its 5-year median
Centrus Energy's P/E of 32.9 is above its own 5-year median of 16.3.
P/E above the industry
Centrus Energy's P/E of 32.9 is above the Mining & quarrying of nonmetallic minerals (no fuels) median of 25.1.
EV/EBITDA below its 5-year median
Centrus Energy's EV/EBITDA of 0.5 is below its 5-year median of 10.1.
P/B above the industry
Centrus Energy's price-to-book of 2.03 is above the Mining & quarrying of nonmetallic minerals (no fuels) median of 1.80.
Trading above fair value
The share price of $112.17 is above our fair value estimate of $90.79.
Margin of safety under 20%
The price is 23.6% above fair value, so there is no margin of safety.
Growth2/6
Revenue growing 10%+ a year
Revenue grew 15.2% a year over the last three fiscal years.
EPS growing under 10% a year
Diluted EPS grew 4.9% a year over the last three fiscal years.
Earnings growth not accelerating
Net income grew -33.0% over the last twelve months, against a 5-year average of 7.4% a year.
Growing slower than the industry
Revenue grew 0.1% over the last twelve months; the Mining & quarrying of nonmetallic minerals (no fuels) median is 8.3%.
Guidance raised
Centrus Energy raised its full year 2026 total revenue outlook on May 5, 2026.
Gross margin slipping
Gross margin was 23.3% over the last twelve months, against 31.8% a year earlier.
Past performance3/6
Return on equity
Needs positive equity and five years of results.
Return on invested capital
Needs operating income and invested capital.
Return on equity above the industry
Centrus Energy's return on equity of 10.4% is above the Mining & quarrying of nonmetallic minerals (no fuels) median of 4.8%.
Earnings grew over 5 years
Net income grew 7.4% a year on average over the last five fiscal years.
Net margin below its 5-year average
Net margin was 16.8% over the last twelve months, against a 5-year average of 27.3%.
Net margin above the industry
Centrus Energy's net margin of 16.8% is above the Mining & quarrying of nonmetallic minerals (no fuels) median of 4.2%.
Financial health1/6
Debt level
Needs debt and equity figures.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt coverage
Needs operating cash flow.
Interest not well covered
Operating income covers interest expense -0.4 times; we look for at least 5.
Short-term assets cover short-term debts
Current assets are 8.61 times current liabilities.
Bankruptcy risk in the grey zone
The Altman Z-score is 1.86; above 3 is the safe zone and below 1.8 the distress zone.
Dividend0/6
No dividend
Centrus Energy has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itOur estimate per share
$90.79
The share price is 24% above this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/E | 20.7× | 16.3× | 25.1× | $70.47 | 53% |
| EV/EBITDA | 9.4× | 10.1× | 8.7× | $114.01 | 47% |
| P/Bleft out, too far from the others | 7.2× | 12.5× | 1.8× | $397.66 | – |
| Earnings powerleft out, too far from the others | 12.3% cost of equity | – | – | $11.10 | – |
| Fair value | $90.79 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 16.3
- Mining & quarrying of nonmetallic minerals (no fuels) median 25.1
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Low risk
- Average value traded per day
- $106.79M
- Value traded per 1% price move
- $26.04M
Downside
High risk
- Typical loss in a bad month
- 36.1%
- Volatility (annualized)
- 87%
- Sharpe ratio, 1 year
- -0.75
- Beta to the S&P 500 (5Y)
- 1.48
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.5% | +15.2% | +12.7% | +0.7% | |
| Gross profit | +5.4% | -0.1% | +3.8% | +5.5% | |
| Operating income | +4.6% | -5.6% | -0.3% | – | |
| Net income | +6.3% | +14.2% | +7.4% | – | |
| EPS, diluted | -12.8% | +4.9% | +46.9% | – | |
| Free cash flow | -4.9% | +16.3% | -13.8% | +14.3% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 33.3% | -16.5% | 16.8% | |
| Return on assets | -8.7% | 11.5% | 4.4% | |
| Current ratio | 1.72 | 1.11 | 5.59 | |
| Interest coverage | -3.1× | 510.0× | 3.6× | |
| Inventory turnover | 1.1× | 2.3× | 1.4× | |
| Capex to revenue | 1.0% | 0.6% | 4.4% | |
| Diluted shares | 9M | 10M | 20M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Centrus Energy generated $167.70M from operations and spent $27.30M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 17.3% | 0.25× | 3.82× | 16.8% |
| FY2024 | 16.6% | 0.47× | 9.76× | 75.6% |
| FY2023 | 26.4% | 0.43× | -35.93× | -403.8% |
| FY2022 | 17.8% | 0.46× | -5.92× | -48.3% |
| FY2021 | 58.7% | 0.56× | -2.29× | -75.7% |
| FY2020 | 22.0% | 0.52× | -1.43× | -16.5% |
| FY2019 | -7.9% | 0.41× | -1.56× | 5.0% |
| FY2018 | -53.9% | 0.31× | -2.31× | 38.5% |
| FY2017 | 5.6% | 0.31× | -3.05× | -5.4% |
| FY2016 | -21.5% | 0.41× | -3.82× | 33.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$77.80M
- Cash generatingOperating cash flow above zero$51.00M
- Return on assets improvedROA up on the prior year9.2% → 7.1%
- Earnings backed by cashOperating cash flow above net income$51.00M vs $77.80M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.93 → 5.59
- No dilutionShare count did not rise16M → 20M
- Gross margin improvedGross margin up on the prior year25.23% → 26.19%
- More efficientAsset turnover rose0.56 → 0.41
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