Mutares stock gains as the NEM Energy sale closes
Published on 09/09/2026 at 23:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Mutares stock (DE000A0Z23Y2) closed at EUR 25.30 on Xetra on September 7, 2026, after a 0.80 percent gain. On September 9, 2026, the company completed the sale of NEM Energy Group, a fresh portfolio move that adds a concrete catalyst to the share price backdrop.
NEM Energy exits the portfolio
As Reuters reported on September 9, 2026, Mutares completed the sale of NEM Energy Group to Hyundai Heavy Industries Power Systems. The same Reuters item said the deal was finalized on that date.
That transaction gives investors a new reference point after a period in which the stock had already been trading in the mid-20 euro range, with the Xetra close at EUR 25.30 on September 7, 2026. The move also came against a valuation backdrop in which MarketScreener showed a 2026 expected price-earnings ratio of 2.23 for the stock on September 9, 2026.
Valuation stays compressed
On September 9, 2026, MarketScreener showed Mutares at 25.82 EUR on Tradegate, down 0.67 percent, with a year-to-date move of minus 14.00 percent. The same page listed a market capitalization of EUR 6,484,000,000 and an expected 2026 price-earnings ratio of 2.23.
For investors, that combination matters more than the day-to-day noise: a stock near EUR 25, a market value above EUR 6.4 billion, and a double-digit year-to-date decline frame the reaction to any asset sale.
What the figures say
GoingPublic said on September 9, 2026, that Mutares traded at EUR 25.70 and carried a market value of about EUR 672 million, while the average analyst target stood at EUR 45.00. The same item implies more than 70 percent upside to the quoted market price.
Mutares share snapshot
- Company: Mutares SE & Co. KGaA
- ISIN: DE000A0Z23Y2
- Ticker: MUX
- Trading venue: Frankfurt Stock Exchange, Regulated Market, SDAX
- Price (as of September 7, 2026): EUR 25.30
- Market capitalization: EUR 672 million
- Sector / Industry: Financial Services / Asset Management & Custody Banks
- Index membership: SDAX
