| Size & multiples | |||
| Market Cap | $26.21B | Enterprise Value | $37.95B |
| P/E (TTM) | 30.98× | PEG (trailing) | — |
| P/S | 0.81× | P/FCF | — |
| EV/EBITDA | 14.87× | EV/EBIT | 36.52× |
| EV/Sales | 1.17× | EV/FCF | — |
| FCF Yield | −1.37% | Buyback Yield | 5.64% |
| Owner Earnings (TTM) | $504.0M | Owner Earnings Yield | 1.92% |
| Shareholder Yield | 6.93% | ||
| Cost of capital & EVAmethodology → | |||
| Beta (5y monthly) | 1.23 | Risk-free (assumed) | 4.00% |
| Equity risk premium (assumed) | 5.00% | Cost of Equity | 10.17% |
| After-tax Cost of Debt | 4.00% | Synthetic credit rating | CCC |
| Cost of Debt · embedded (pre-tax) | 5.25% | Cost of Debt · marginal (synthetic) | 12.85% |
| WACC | 7.79% | ROIC | 10.92% |
| EVA Spread (ROIC−WACC) | 3.13% | EVA | $420.1M |
FCF sits 171% 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 $4.01 · revenue TTM $32.38B · FCF TTM -$358.0M
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 84th · EV/EBITDA 28th 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 | 31.0x | 19.9x | 15.0x–24.5x | 84 ↑rich |
| EV/EBITDA | 10.0x | 12.0x | 9.5x–14.3x | 28 ↓cheap |
| FCF Yield | 2.9% | -1.6% | -6.5%–2.8% | 76 ↑strong |
| Dividend Yield | 1.6% | 2.9% | 2.3%–3.8% | 10 ↓weak |
| Net Margin | 2.8% | 12.5% | 6.4%–18.2% | 16 ↓weak |
| Operating Margin | 6.0% | 21.2% | 11.0%–27.7% | 17 ↓weak |
