Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
Metrics | Range | Conclusion |
---|---|---|
Selected LTM Ps Multiple | 1.4x - 1.5x | 1.4x |
Selected Fwd Ps Multiple | 1.3x - 1.4x | 1.3x |
Fair Value | €13.03 - €14.41 | €13.72 |
Upside | 13.3% - 25.3% | 19.3% |
Benchmarks | Ticker | Full Ticker |
---|---|---|
Pinnacle West Capital Corporation | - | NYSE:PNW |
Xcel Energy Inc. | - | NasdaqGS:XEL |
Alliant Energy Corporation | - | NasdaqGS:LNT |
Evergy, Inc. | - | NasdaqGS:EVRG |
Entergy Corporation | - | NYSE:ETR |
PG&E Corporation | - | DB:PCG |
Select Price / LTM Sales Ratio | ||||||||
Benchmark Companies | ||||||||
PNW | XEL | LNT | EVRG | ETR | PCG | |||
NYSE:PNW | NasdaqGS:XEL | NasdaqGS:LNT | NasdaqGS:EVRG | NYSE:ETR | DB:PCG | |||
Historical Sales Growth | ||||||||
5Y CAGR | 8.1% | 3.1% | 1.8% | 2.6% | 1.8% | 7.3% | ||
3Y CAGR | 10.4% | 0.0% | 2.8% | 1.5% | 0.4% | 5.8% | ||
Latest Twelve Months | 10.7% | -0.6% | 2.4% | 6.3% | -0.2% | 1.9% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 13.7% | 12.5% | 17.3% | 14.1% | 12.0% | 1.2% | ||
Prior Fiscal Year | 10.7% | 12.5% | 17.5% | 13.3% | 19.4% | 9.2% | ||
Latest Fiscal Year | 11.9% | 14.4% | 17.3% | 14.9% | 8.9% | 10.1% | ||
Latest Twelve Months | 11.3% | 14.1% | 18.3% | 14.9% | 11.2% | 9.6% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | 11.4x | 13.2x | 14.8x | 11.4x | 12.0x | 9.6x | ||
Price / LTM Sales | 2.1x | 2.9x | 3.9x | 2.7x | 2.9x | 1.2x | ||
LTM P/E Ratio | 18.5x | 20.5x | 21.6x | 18.2x | 26.2x | 12.7x | ||
Low | Mid | High | ||||||
Benchmark LTM P/S Ratio | 2.1x | 2.9x | 3.9x | |||||
Historical LTM P/S Ratio | 1.2x | 1.5x | 1.8x | |||||
Selected Price / Sales Multiple | 1.4x | 1.4x | 1.5x | |||||
(x) LTM Sales | 24,541 | 24,541 | 24,541 | |||||
(=) Equity Value | 33,284 | 35,036 | 36,788 | |||||
(/) Shares Outstanding | 2,197.7 | 2,197.7 | 2,197.7 | |||||
Implied Value Range | 15.15 | 15.94 | 16.74 | |||||
FX Rate: USD/EUR | 1.2 | 1.2 | 1.2 | Market Price | ||||
Implied Value Range (Trading Cur) | 12.96 | 13.64 | 14.32 | 11.50 | ||||
Upside / (Downside) | 12.7% | 18.6% | 24.5% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | PNW | XEL | LNT | EVRG | ETR | PCG | |
Value of Common Equity | 10,870 | 39,577 | 15,947 | 15,867 | 35,216 | 29,539 | |
(/) Shares Outstanding | 119.4 | 576.8 | 256.9 | 230.1 | 430.8 | 2,197.7 | |
Implied Stock Price | 91.04 | 68.62 | 62.08 | 68.96 | 81.75 | 13.44 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.17 | |
Implied Stock Price (Trading Cur) | 91.04 | 68.62 | 62.08 | 68.96 | 81.75 | 11.50 | |
Trading Currency | USD | USD | USD | USD | USD | EUR | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.17 |