How NiSource Inc. stacks up

NI · against 93 other Utilities companies listed in US-listed

Valuation

41/ 100

Above the middle of the pack.

Ranked #43 of 94 · scores higher than 53% of peers

Bars: peers in each 10-point band of the valuation score

17 peers with a valuation score of 40–49, including NI · Click a bar to see the companies

Why valuation scores 41?

Weighted metrics compared with all Utilities companies.

Its metrics sit close to the Utilities norm.

Negative (a loss or cash outflow), so it counts as zero whatever the share price. Free cash flow yield: -5.1% vs peer median 0.0%
less operating profit (EBITDA) for the company's total value: weaker than 65% of peers. EBITDA yield: 8.1% vs peer median 8.6%
lower earnings for the price paid: weaker than 62% of peers. Earnings yield: 4.2% vs peer median 4.8%

Metric by metric

Position: dot = NI, ranked from the worst peer (left) to the best (right); tick = middle, shaded = middle half of peers.

Metric	NI	Peer median	Better than	Weight
Earnings yieldHigher is better · 91 reported	4.2%	4.5%	37%	30%
EBITDA yieldHigher is better · 93 reported	7.4%	7.7%	45%	50%
Free cash flow yieldHigher is better · 87 reported	-6.8%	-4.6%	37%	20%
Book yieldHigher is better · 88 reported	44.8%	51.9%	29%	Context only

Ranking by valuation score

Top 5 and the companies ranked around NI

Rank	Company	Market cap	Valuation	Overall
1	Entergy Texas, Inc.ETI-P · US-listed	Unavailable	97	69
2	Empresa Distribuidora y Comercializadora Norte Sociedad AnónimaEDN · US-listed	710M USD	96	72
2	Hawaiian Electric Industries, Inc.HE · US-listed	1.5B USD	96	67
4	Korea Electric Power CorporationKEP · US-listed	13.6B USD	93	57
5	Central Puerto S.A.CEPU · US-listed	1.5B USD	92	93
⋯
39	MGE Energy, Inc.MGEE · US-listed	2.8B USD	44	57
39	Vistra Corp.VST · US-listed	46.9B USD	44	45
41	Black Hills CorporationBKH · US-listed	6.3B USD	42	38
41	MDU Resources Group, Inc.MDU · US-listed	4.1B USD	42	43
43	NiSource Inc.NI · US-listed	21.4B USD	41	46
43	PPL CorporationPPL · US-listed	26.9B USD	41	50
43	TXNM Energy, Inc.TXNM · US-listed	6.4B USD	41	45
46	Emera IncorporatedEMA · US-listed	15.4B USD	40	54
46	Public Service Enterprise Group IncorporatedPEG · US-listed	36.3B USD	40	51

Scores are sector-relative percentiles from the latest snapshot, always calculated against the whole sector: narrowing the comparison group changes who you compare with, not the scores. Missing metrics are left out and the remaining weights rescaled. How we score

Bringing the fundamentals into focus…