Valuation
Is the price right?3/3 inputs reported · High confidence
Weaker than most peers on:
- ▼ EBITDA yield
- ▼ Earnings yield
Behind the score
Sector-normalized EBITDA, earnings, and free cash flow yields.
Bringing the fundamentals into focus…
Price as of close on Nov 3, 2026 · Financials updated Oct 10, 2026
3/3 inputs reported · High confidence
Weaker than most peers on:
Sector-normalized EBITDA, earnings, and free cash flow yields.
3/3 inputs reported · High confidence
Mixed versus peers:
Revenue and earnings-per-share growth over one year, and revenue growth over three years.
3/3 inputs reported · High confidence
Why it changed since the Oct 27, 2026 close: Score 33 → 34
Weaker than most peers on:
Return on invested capital, operating margin, and return on assets.
3/3 inputs reported · High confidence
Mixed versus peers:
Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
No major changes
| Previous quarter | Latest quarter | Change | |
|---|---|---|---|
| Revenue (12 months) | 1.6B USD | 1.7B USD | +3.0% |
| Net income (12 months) | 167.6M USD | 171.4M USD | +2.2% |
| Operating margin | 19.2% | 18.8% | −0.4 pts |
| Free cash flow (12 months) | −147.9M USD | −192.2M USD | +29.9% |
| Debt | 3.4B USD | 3.6B USD | +4.5% |
| Cash | 5.9M USD | 4.2M USD | −28.7% |
| Shares outstanding | 61.5M | 61.5M | +0.0% |
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Valuations in Utilities - Regulated Electric are above their usual range since 2016.
| Key ratios | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | Change |
|---|---|---|---|---|---|---|
| Operating margin | 20.1% | 17.8% | 21.1% | 21.4% | 20.2% | ▼ 1.1 pts |
| Net margin | 13.6% | 12.4% | 13.7% | 14.8% | 11.2% | ▼ 3.6 pts |
| Return on assets (ROA) | 2.8% | 2.5% | 2.6% | 2.8% | 2.1% | ▼ 0.7 pts |
| Return on equity (ROE) | 8.0% | 6.9% | 7.0% | 7.8% | 6.3% | ▼ 1.6 pts |
| Free cash flow margin | -15.6% | -14.1% | -5.5% | -9.4% | -8.1% | ▲ 1.3 pts |
| Current ratio | — | 0.87× | 0.76× | 0.52× | 0.72× | ▲ 39% |
| Quick ratio | — | 0.69× | 0.55× | 0.37× | 0.53× | ▲ 45% |
| Debt to equity | — | 1.04× | 1.00× | 1.08× | 1.19× | ▲ 9.9% |
Price history is added with the daily price update and will appear after the next one.