Burgenland Holding Aktiengesellschaft — Cyborg Score 5/10

Mixed
Utilities - Diversified / Investment Holding (Energy Sector)

Strategic Profile

The company focuses on renewable energy from wind and solar sources across Burgenland, Austria and Europe, with emphasis on expanding renewable capacity and operating wind power and photovoltaic systems. As a subsidiary of EVN AG (73.63% ownership), Burgenland Holding provides a diversified renewable energy portfolio with natural gas operations complementing electricity generation.

Cyborg Score Rationale

The company operates 184 wind turbines with 454 MW capacity, positioning it as a meaningful renewable energy player. However, the high dividend payout ratio (99.7%) leaves limited earnings for reinvestment and growth initiatives. Limited analyst coverage and historical financial data availability constrain forward-looking valuation confidence.

Top Insights

  • Investment portfolio includes 49% stake in Burgenland Energie AG (renewable-focused) plus stake in Wiener Börse AG (Vienna Stock Exchange).
  • Dividend yield (3.71%) is above Austrian market average with stable, growing dividend payments over 10 years.
  • Market cap €210M indicates small-cap positioning with limited liquidity on Vienna Stock Exchange.
  • Trading at 3.5x Price-to-Book ratio, significantly overvalued versus peers at 1.5x average.

Named Competitors

  • EVN AG — Austrian diversified energy company; 73.63% majority owner of Burgenland Holding
  • Energie Burgenland AG — Principal operating asset providing wind/solar generation and natural gas
  • Austrian Utilities Sector — Regional competition from other Austrian energy companies

Recent Developments

  • (Mar 2026) Trading near fair value with stable renewable energy operations; limited recent material announcements
  • (Mar 2024) Dividend payment of €3.80 per share reflecting continued shareholder return commitment
  • (Jun 2022) No analyst coverage established; minimal market liquidity on small-cap Vienna exchange listing

Open the full interactive Burgenland Holding Aktiengesellschaft report

Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.

Open report →