| Size & multiples | |||
| Market Cap | $109.10B | Enterprise Value | $180.97B |
| P/E (TTM) | 24.69× | PEG (trailing) | 3.90× |
| P/S | 3.62× | P/FCF | — |
| EV/EBITDA | 13.41× | EV/EBIT | 24.81× |
| EV/Sales | 6.00× | EV/FCF | — |
| FCF Yield | −3.18% | Buyback Yield | — |
| Owner Earnings (TTM) | $4.36B | Owner Earnings Yield | 4.00% |
| Shareholder Yield | — | ||
| Cost of capital & EVAmethodology → | |||
| Beta (5y monthly) | 0.32 | Risk-free (assumed) | 4.00% |
| Equity risk premium (assumed) | 5.00% | Cost of Equity | 5.61% |
| After-tax Cost of Debt | 3.78% | Synthetic credit rating | BB |
| Cost of Debt · embedded (pre-tax) | 4.53% | Cost of Debt · marginal (synthetic) | 5.84% |
| WACC | 4.88% | ROIC | 5.84% |
| EVA Spread (ROIC−WACC) | 0.96% | EVA | $1.05B |
FCF sits 179% 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 $3.92 · revenue TTM $30.18B · FCF TTM -$3.47B
Output of a disclosed model whose assumptions may be wrong — research information, not investment advice. See the Disclaimer.
Rich vs Utilities on P/E
P/E 74th 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 | 24.7x | 20.0x | 15.1x–25.2x | 74 ↑rich |
| FCF Yield | -2.7% | -1.5% | -6.4%–2.7% | 41 ↓weak |
| Dividend Yield | 2.8% | 2.9% | 2.3%–3.7% | 46 ↓weak |
| Net Margin | 14.7% | 12.5% | 6.4%–18.2% | 61 ↑strong |
| Operating Margin | 24.7% | 21.2% | 11.0%–27.7% | 65 ↑strong |
| ROE | 12.5% | 9.3% | 6.9%–12.3% | 76 ↑strong |
