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MGE Energy Inc. (MGEE)

NEUTRAL
UtilitiesUtilities - Regulated ElectricUnited States

Fundamental

57

Kurs

$79.18

Marktkapitalisierung

$2.98B

Teil 1 · Was das Unternehmen wert ist

Übersicht

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company in the United States. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other segments. The company generates, purchases, and distributes electricity; purchases and distributes natural gas; owns and leases electric generating capacity; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission power services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources and provides solar and wind generation, and battery storage services. As of December 31, 2025, the company owned and operated 811 miles of overhead electric distribution lines; 1,386 miles of underground electric distribution cables; 47 substations with an installed capacity of 1.2 million kVA; and gas facilities, including 3,117 miles of distribution mains, as well as supplied electric service to approximately 170,000 customers. MGE Energy, Inc. was incorporated in 2001 and is headquartered in Madison, Wisconsin.

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Bilanz & Liquidität

Umsatz

$776M

Geschäftsjahr zum 31.12.2025

Nettogewinn

$136M

Geschäftsjahr zum 31.12.2025

Freier Cashflow

$-80M

Gesamtes Eigenkapital

$1.30B

Gesamtverbindlichkeiten

$1.85B

Current Ratio

1.15

Zinsdeckungsgrad

4.75

Schulden/EBITDA

3.26

Gewinn je Aktie

Umsatz & Nettogewinn

Freier Cashflow

Ertragsaufschlüsselung

Historische Aufstellung

Margen im Zeitverlauf

Verschuldung im Zeitverlauf

Wie schwer die Schulden wiegen

Wachstumsraster

Wachstum — Umsatz

Innerer-Wert-Schätzung

Regulated utilityÜberbewertet

Innerer Wert

$58.45

Aktueller Kurs

$79.18

Sicherheitsmarge

-35.5%

Innerer-Wert-Spanne

$41.28 - $75.61

Bewertungsmethoden

Analyst price target:$77.75
Discounted cash flow (DCF):$41.21
Earnings multiple (P/E):$80.04
Graham growth formula:Not applicable to this type of company
Earnings power value (EPV):$43.43
Justified P/B:Not applicable to this type of company
Dividend discount (Gordon):$45.55
P/FFO, funds from operations:Not applicable to this type of company
Mid-cycle earnings:Not applicable to this type of company
Revenue multiple:Not applicable to this type of company
Analystenkonsens:Halten (1B / 3H / 4S)
Letzte Gewinnüberraschung:+13.32%

Bewertungskennzahlen

P/E-Verhältnis

20.34

ROE

10.4%

P/B-Verhältnis

2.16

P/FCF

-

Bruttomarge

-

ROIC

4.5%

Rentabilitäts-Radar

Value Creation (Economic Moat)

ROIC

4.5%

WACC

7.0%

ROIC − WACC

-2.5 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

Fundamentalanalyse-Kriterien

Bestanden (14)

  • EPS shows upward trend
  • P/B Ratio 2.16
  • Debt/Equity ratio
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • Low reliance on intangibles
  • ROE 11.1%
  • Revenue Growth 5Y 6.7%
  • Earnings Surprise avg 6.6%
  • Earnings Quality (OCF/NI) 1.86
  • Share Dilution 0.9%
  • Piotroski F-Score 5/9

Nicht bestanden (8)

  • EPS CAGR 2.66%
  • Price CAGR 1.88%
  • ROIC 4.5%
  • Positive Free Cash Flow
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Analyst Consensus 13% Buy
  • PEG Ratio 2.76

Nicht verfügbar (6)

  • Gross Margin NaN%
  • P/FCF NaN
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • CapEx intensity
  • Net Margin Trend (invalid data)

Piotroski F-Score

5/9

Gemischte Signale: Einige Bereiche bedürfen Aufmerksamkeit

score
criteria

Gewinnqualität

1.86

Hohe Qualität: Gewinne durch Cashflow gedeckt

Aktienverwässerung

0.9%

Aktienanzahl ist stabil

Unternehmensführung

Führungsteam

NamePositionAlter
Mr. Jeffrey M. KeeblerPresident, CEO & Chairman of the Board53
Mr. Jared Joseph BushekExecutive VP, CFO & Treasurer44
Ms. Cari Anne RenlundVP, General Counsel & Secretary51
James J. LorenzVice President of Energy Operations58
Jenny Lynn LagerwallAssistant VP of Accounting & Controller40
Mr. Ken FrassettoDirector of Shareholder Services & Treasury Management-

Prüfungsrisiko

2

Vorstandsrisiko

3

Vergütungsrisiko

1

Aktionärsrechterisiko

3

Teil 2 · Der Preis und der Einstiegszeitpunkt

Dieser Teil sagt nicht, ob das Unternehmen etwas taugt: Er hilft bei der Wahl des Kaufzeitpunkts, nachdem die Fundamentaldaten überzeugt haben. Enthalten: technische Analyse, Potenzial, historische Drawdowns, Gamma-Exposure.

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