| Size & multiples | |||
| Market Cap | $28.72B | Enterprise Value | $55.42B |
| P/E (TTM) | 28.21× | PEG (trailing) | 0.80× |
| P/S | 1.85× | P/FCF | — |
| EV/EBITDA | 14.02× | EV/EBIT | 24.31× |
| EV/Sales | 3.57× | EV/FCF | — |
| FCF Yield | −6.07% | Buyback Yield | — |
| Owner Earnings (TTM) | $1.06B | Owner Earnings Yield | 3.71% |
| Shareholder Yield | — | ||
| Cost of capital & EVAmethodology → | |||
| Beta (5y monthly) | 0.44 | Risk-free (assumed) | 4.00% |
| Equity risk premium (assumed) | 5.00% | Cost of Equity | 6.20% |
| After-tax Cost of Debt | 3.82% | Synthetic credit rating | B+ |
| Cost of Debt · embedded (pre-tax) | 4.69% | Cost of Debt · marginal (synthetic) | 6.75% |
| WACC | 5.06% | ROIC | 4.66% |
| EVA Spread (ROIC−WACC) | −0.40% | EVA | -$158.4M |
FCF sits 264% below owner earnings — spending above maintenance (growth capex) or absorbing working capital, so FCF understates the steady-state cash the business throws off.
Synthetic rating = ICR-based credit-quality read (Damodaran), not an agency rating.
Flows TTM (last 4 quarters); latest annual for: EPS (Diluted) · EPS TTM $1.76 · revenue TTM $15.53B · FCF TTM -$1.74B
Output of a disclosed model whose assumptions may be wrong — research information, not investment advice. See the Disclaimer.
Cheap vs Utilities on EV/EBITDA; rich on P/E
P/E 82nd · EV/EBITDA 19th percentile in the Utilities pool — placement read per multiple; the API emits no single blended figure, so none is shown.
Compared against all 161 Utilities names we cover — one sector-wide pool, so the median skews toward smaller (often unprofitable) companies. Try the Size band for a cap-matched read.
| Metric | This (FY) | Peer median | IQR (25–75) | %ile |
|---|---|---|---|---|
| P/E | 28.2x | 20.0x | 15.1x–25.2x | 82 ↑rich |
| EV/EBITDA | 8.3x | 12.1x | 9.7x–14.4x | 19 ↓cheap |
| FCF Yield | -3.5% | -1.5% | -6.4%–2.7% | 37 ↓weak |
| Dividend Yield | 3.5% | 2.9% | 2.3%–3.7% | 68 ↑strong |
| Net Margin | 6.8% | 12.5% | 6.4%–18.2% | 26 ↓weak |
| Operating Margin | 14.6% | 21.2% | 11.0%–27.7% | 31 ↓weak |
| ROE | 8.2% | 9.3% | 6.9%–12.3% | 32 ↓weak |
