| Size & multiples | |||
| Market Cap | $21.48B | Enterprise Value | $36.85B |
| P/E (TTM) | 22.98× | PEG (trailing) | 4.91× |
| P/S | 1.90× | P/FCF | — |
| EV/EBITDA | 11.92× | EV/EBIT | 19.45× |
| EV/Sales | 3.25× | EV/FCF | — |
| FCF Yield | −3.87% | Buyback Yield | — |
| Owner Earnings (TTM) | $961.8M | Owner Earnings Yield | 4.48% |
| Shareholder Yield | — | ||
| Cost of capital & EVAmethodology → | |||
| Beta (5y monthly) | 0.55 | Risk-free (assumed) | 4.00% |
| Equity risk premium (assumed) | 5.00% | Cost of Equity | 6.77% |
| After-tax Cost of Debt | — | Synthetic credit rating | BBB |
| Cost of Debt · embedded (pre-tax) | 4.51% | Cost of Debt · marginal (synthetic) | 5.11% |
| WACC | — | ROIC | — |
| EVA Spread (ROIC−WACC) | — | EVA | — |
FCF sits 187% 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 $1.95 · revenue TTM $11.33B · FCF TTM -$832.0M
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 64th · EV/EBITDA 8th 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 | 23.0x | 19.9x | 15.0x–24.5x | 64 ↑rich |
| EV/EBITDA | 7.1x | 12.0x | 9.5x–14.3x | 8 ↓cheap |
| FCF Yield | -2.0% | -1.6% | -6.5%–2.8% | 47 ↓weak |
| Dividend Yield | 2.5% | 2.9% | 2.3%–3.8% | 35 ↓weak |
| Net Margin | 14.3% | 12.5% | 6.4%–18.2% | 58 ↑strong |
| Operating Margin | 28.1% | 21.2% | 11.0%–27.7% | 77 ↑strong |
| ROE | 10.3% | 9.3% | 6.9%–12.3% | 64 ↑strong |
