Centrus Energy Corp. (LEU) Valuation — DCF, Graham & Comparables

Centrus Energy Corp. (LEU) — Price $94.90 (closing price, November 2, 2026) — Energy — Uranium — NYSE

Latest reported results:

Valuation dashboard for Centrus Energy Corp. (LEU) with P/E 43.14, P/B 2.23, EV/EBITDA 18.5 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Energy companies.

Centrus Energy Corp. is a global provider of essential nuclear fuel and associated services to the nuclear power industry, serving markets including the United States, Japan, and Belgium. The company operates through two primary divisions: Low-Enriched Uranium (LEU) and Technical Solutions.

What would it be worth at its usual multiples?

No valuation verdict: it is a cyclical and today's P/E (43.1) does not tell whether it is cheap.

Why is Centrus Energy Corp.'s P/E so low?

Centrus Energy Corp. trades at a P/E of 43.1× on reported earnings, but over the last 12 months 84 % of its pre-tax income ($40.0M) came from outside the business, such as revaluations or sales of stakes in other companies. It is real money, but it doesn't repeat every year. Without that part, its P/E would be about 246×. Kaplio's calculation from the official quarterly accounts filed up to the quarter ended June 30, 2026.

Quarter endedFrom the businessOutside the businessNet income
September 30, 2025$8.6M$3.9M
December 31, 2025$12.8M$8.5M$17.8M
March 31, 2026$800,000$11.7M$10.0M
June 30, 2026$10.4M$11.2M$16.8M

Other companies with an inflated P/E

Analysis Summary

Centrus Energy Corp. reported revenue of $448.7M in the most recent fiscal year, growing at a 5-year CAGR of 12.7%. Net income reached $77.8M, with a 7.4% 5-year CAGR.

Trailing-twelve-month margins: gross margin 23.3%, operating margin 1.6%, net margin 10.2%.

At $94.90 (closing price, November 2, 2026), LEU trades at a P/E of 43.14 and an ROE of 7.06%. Market capitalisation stands at $1.9B.

Balance sheet quality for LEU: debt-to-equity ratio of 1.39, current ratio of 5.39 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio43.14
Price / Book2.23
EV / EBITDA18.5
Dividend Yield0.00%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
LEUCentrus Energy Corp.$1.9B43.142.237.1%
CHRDChord Energy Corporation$8.1B9.870.9910.4%
WFRDWeatherford International plc$6.4B15.863.2722.5%
SUNSunoco LP$10.3B14.781.2418.2%
FROFrontline Plc$11.6B7.813.6754.9%
NXENexGen Energy Ltd.$5.3B3.97-16.1%
NOVNOV Inc.$6.7B46.701.072.3%
SOBOSouth Bow Corporation$7.3B20.402.7517.4%

Price

Price$94.90 (closing price, November 2, 2026)
Market Cap$1.9B
ExchangeNYSE
CountryUS

Profitability

Return on Equity7.06%
Return on Invested Capital0.35%
Return on Assets1.92%
Gross Margin23.27%
Operating Margin1.56%
Net Margin10.23%

Related companies: CHRD · WFRD · SUN · FRO · NXE · NOV · SOBO · CRK

Explore sector: Energy · Uranium

More sections of LEU: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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