Evergy, Inc. (EVRG)
NEUTRALFundamental
50
मूल्य
$81.69
मार्केट कैप
$18.66B
भाग 1 · कंपनी का मूल्य कितना है
अवलोकन
Evergy owns two regulated electric utilities, Evergy Kansas Central and Evergy Metro, that generate and deliver power to homes and businesses across Kansas and parts of Missouri, including the Kansas City area. Like other regulated utilities it does not compete for customers within its territory; instead it builds and maintains power plants and grid infrastructure and asks state regulators to approve the rates it can charge to recover those costs.
यह पैसा कैसे कमाती है
Customers pay metered rates set through regulatory rate cases, in which Evergy asks state commissions to approve charges that let it recover its costs and earn a set return on capital invested in generation and grid assets. In 2025 Evergy Kansas Central sought roughly $196 million in additional annual retail revenue through such a filing, and new rates from an earlier case added about $128 million during the year — illustrating how earnings growth is tied to the pace and outcome of these regulatory proceedings rather than to selling more electricity.
प्रतिस्पर्धी बढ़त (Moat)
स्केल · संकीर्णDuplicating a power grid and generation fleet to compete for the same customers is not economically realistic, so Evergy operates as a practical monopoly within its service territory. The advantage is narrow rather than wide because state regulators, not the company, decide the prices it can charge and the profit it is allowed to earn.
मांग को क्या चलाता है
डिफेंसिवElectricity is a necessity that households and businesses keep buying regardless of economic conditions, so baseline demand is stable and driven mainly by weather and population trends rather than the business cycle. New large industrial and data-center customers, which Evergy has highlighted as a growth source, add a variable, less predictable layer on top of that stable base.
प्रमुख जोखिम
- Outcome and timing of rate cases — Earnings growth depends on Kansas and Missouri regulators approving the rate increases Evergy requests to recover its investments; a smaller or delayed approval slows growth directly.
- Large capital investment program — Funding grid upgrades and new generation requires ongoing debt and equity financing; higher interest rates or construction cost inflation raise the cost of that program and pressure returns.
- Weather dependence — Unusually mild winters or summers reduce heating and cooling demand and can lower revenue in a given period independent of the underlying customer count.
- Large-load customers may not materialize as planned — New large industrial and data-center load is a highlighted growth driver, but such projects can be delayed, scaled back or cancelled, leaving planned grid investment ahead of actual demand.
खरीदने के पक्ष में तर्क
Buyers argue that a regulated monopoly with predictable rate-case-driven earnings, now supplemented by new large industrial and data-center customers, offers steady growth largely insulated from the broader economic cycle.
बेचने के पक्ष में तर्क
Sellers fear that regulators could approve smaller or slower rate increases than the capital plan assumes, and that some of the large new customers driving the growth narrative fail to materialize at the scale currently projected.
Written by the editors, published on 18 अगस्त 2026
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बैलेंस शीट और तरलता
राजस्व
$5.76B
पिछले 12 महीने (31/3/2026 तक)
शुद्ध आय
$882M
पिछले 12 महीने (31/3/2026 तक)
Free Cash Flow
$-752M
कुल इक्विटी
$10.22B
कुल देनदारियाँ
$23.68B
Current Ratio
0.45
Interest Coverage
2.44
Debt/EBITDA
5.74
Earnings Per Share
राजस्व और शुद्ध आय
Free Cash Flow
आय विवरण
ऐतिहासिक विवरण
समय के साथ मार्जिन
समय के साथ ऋण
ऋण कितना भारी है
वृद्धि तालिका
वृद्धि — राजस्व
Fair Value अनुमान
Fair Value
$74.57
वर्तमान मूल्य
$81.69
Margin of Safety
-9.5%
Fair Value सीमा
$58.14 - $91.00
अनुमान विधियाँ
मूल्यांकन मेट्रिक्स
P/E Ratio
21.65
ROE
8.4%
P/B Ratio
1.85
P/FCF
-
Gross Margin
-
ROIC
4.1%
लाभप्रदता Radar
Value Creation (Economic Moat)
ROIC
4.1%
WACC
5.8%
ROIC − WACC
-1.8 pp
ROIC is below the cost of capital — the company is destroying value for every dollar invested.
Fundamental विश्लेषण मानदंड
पास (13)
- EPS shows upward trend
- P/B Ratio 1.85
- Debt/Equity ratio
- Operating Margin 27.1%
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- Low reliance on intangibles
- ROE 9.1%
- Revenue Growth 5Y 76.4%
- Analyst Consensus 65% Buy
- Earnings Quality (OCF/NI) 2.22
- Share Dilution 1.4%
फेल (11)
- EPS CAGR 4.66%
- Price CAGR 3.69%
- ROIC 4.1%
- Positive Free Cash Flow
- Current Ratio
- Price below Graham Number
- DCF valuation (Overvalued)
- Earnings Surprise avg -5.5%
- PEG Ratio 3.38
- Net Margin Trend 15.3% vs 15.3%
- Piotroski F-Score 3/9
अनुपलब्ध (4)
- Gross Margin NaN%
- P/FCF NaN
- Dividend Payout NaN%
- CapEx intensity
Piotroski F-Score
गंभीर वित्तीय चिंताएं
Earnings गुणवत्ता
उच्च गुणवत्ता: earnings नकदी द्वारा समर्थित
शेयर Dilution
शेयर संख्या स्थिर है
प्रशासन
कार्यकारी टीम
| नाम | पद | आयु |
|---|---|---|
| Mr. David A. Campbell J.D. | CEO, President & Chairman of the Board | 57 |
| Mr. W. Bryan Buckler CPA | Executive VP & CFO | 52 |
| Ms. Heather A. Humphrey J.D. | Senior VP, General Counsel & Corporate Secretary | 54 |
| Mr. Charles A. Caisley | Executive Vice President of Utility Operations & Chief Customer Officer | 52 |
| Mr. Cleveland O. Reasoner III | Senior VP & Chief Nuclear Officer | 59 |
| Mr. Matthew B. Gummig | VP & Chief Accounting Officer | 39 |
| Mr. Charles L. King | Senior VP & Chief Technology Officer | 59 |
| Mr. Peter Francis Flynn | Director of Investor Relations | - |
| Ms. Katie McDonald | Vice President of Public Affairs | - |
| Ms. Lesley Lissette Elwell | Senior VP & Chief People Officer | 53 |
Audit जोखिम
7
बोर्ड जोखिम
4
मुआवजा जोखिम
1
शेयरधारक अधिकार जोखिम
4
भाग 2 · कीमत और खरीदने का समय
यह हिस्सा यह नहीं बताता कि कंपनी अच्छी है या नहीं: यह तय करने में मदद करता है कि उसे कब खरीदें, जब फंडामेंटल आपको आश्वस्त कर चुके हों। इसमें: तकनीकी विश्लेषण, संभावना, ऐतिहासिक गिरावट, गामा एक्सपोज़र।
Latest News
Recent headlines for EVRG, sourced from Markets Gazette.