CONSTELLATION ENERGY (CEG) Stock Fundamental Analysis
NASDAQ:CEG • US21037T1097
328.185 USD
-1.69 (-0.51%)
Last: Mar 2, 2026, 01:37 PM
We assign a fundamental rating of 5 out of 10 to CEG. CEG was compared to 46 industry peers in the Electric Utilities industry. CEG is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. CEG is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year CEG was profitable.
- In the past year CEG had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: CEG reported negative net income in multiple years.
- In the past 5 years CEG reported 4 times negative operating cash flow.
1.2 Ratios
- CEG's Return On Assets of 4.05% is amongst the best of the industry. CEG outperforms 80.43% of its industry peers.
- CEG has a Return On Equity of 15.97%. This is amongst the best in the industry. CEG outperforms 86.96% of its industry peers.
- The Return On Invested Capital of CEG (4.51%) is better than 76.09% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for CEG is in line with the industry average of 4.56%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.05% | ||
| ROE | 15.97% | ||
| ROIC | 4.51% |
ROA(3y)4.78%
ROA(5y)2.71%
ROE(3y)19.77%
ROE(5y)11.21%
ROIC(3y)4.67%
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 9.08%, CEG is doing worse than 69.57% of the companies in the same industry.
- In the last couple of years the Profit Margin of CEG has grown nicely.
- CEG has a worse Operating Margin (12.09%) than 80.43% of its industry peers.
- In the last couple of years the Operating Margin of CEG has grown nicely.
- CEG has a Gross Margin (42.50%) which is in line with its industry peers.
- CEG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.09% | ||
| PM (TTM) | 9.08% | ||
| GM | 42.5% |
OM growth 3Y81.51%
OM growth 5Y53.34%
PM growth 3YN/A
PM growth 5Y22.11%
GM growth 3Y14.18%
GM growth 5Y-1.38%
2. Health
2.1 Basic Checks
- CEG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, CEG has less shares outstanding
- The number of shares outstanding for CEG has been reduced compared to 5 years ago.
- The debt/assets ratio for CEG has been reduced compared to a year ago.
2.2 Solvency
- CEG has an Altman-Z score of 2.30. This is not the best score and indicates that CEG is in the grey zone with still only limited risk for bankruptcy at the moment.
- CEG has a better Altman-Z score (2.30) than 93.48% of its industry peers.
- The Debt to FCF ratio of CEG is 6.98, which is on the high side as it means it would take CEG, 6.98 years of fcf income to pay off all of its debts.
- CEG has a Debt to FCF ratio of 6.98. This is amongst the best in the industry. CEG outperforms 86.96% of its industry peers.
- A Debt/Equity ratio of 0.61 indicates that CEG is somewhat dependend on debt financing.
- With an excellent Debt to Equity ratio value of 0.61, CEG belongs to the best of the industry, outperforming 80.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 6.98 | ||
| Altman-Z | 2.3 |
ROIC/WACC0.55
WACC8.23%
2.3 Liquidity
- A Current Ratio of 1.53 indicates that CEG should not have too much problems paying its short term obligations.
- CEG has a Current ratio of 1.53. This is amongst the best in the industry. CEG outperforms 84.78% of its industry peers.
- CEG has a Quick Ratio of 1.31. This is a normal value and indicates that CEG is financially healthy and should not expect problems in meeting its short term obligations.
- CEG has a better Quick ratio (1.31) than 84.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.31 |
3. Growth
3.1 Past
- The earnings per share for CEG have decreased strongly by -35.83% in the last year.
- Measured over the past years, CEG shows a very strong growth in Earnings Per Share. The EPS has been growing by 32.49% on average per year.
- Looking at the last year, CEG shows a quite strong growth in Revenue. The Revenue has grown by 8.34% in the last year.
- CEG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.72% yearly.
EPS 1Y (TTM)-35.83%
EPS 3YN/A
EPS 5Y32.49%
EPS Q2Q%-15.13%
Revenue 1Y (TTM)8.34%
Revenue growth 3Y1.47%
Revenue growth 5Y7.72%
Sales Q2Q%12.86%
3.2 Future
- The Earnings Per Share is expected to grow by 19.16% on average over the next years. This is quite good.
- Based on estimates for the next years, CEG will show a small growth in Revenue. The Revenue will grow by 7.05% on average per year.
EPS Next Y49.24%
EPS Next 2Y31%
EPS Next 3Y29.31%
EPS Next 5Y19.16%
Revenue Next Year10.82%
Revenue Next 2Y9.09%
Revenue Next 3Y9.23%
Revenue Next 5Y7.05%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 43.01, the valuation of CEG can be described as expensive.
- 84.78% of the companies in the same industry are cheaper than CEG, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 27.07. CEG is valued rather expensively when compared to this.
- Based on the Price/Forward Earnings ratio of 28.82, the valuation of CEG can be described as expensive.
- Based on the Price/Forward Earnings ratio, CEG is valued expensively inside the industry as 84.78% of the companies are valued cheaper.
- CEG's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.05.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.01 | ||
| Fwd PE | 28.82 |
4.2 Price Multiples
- CEG's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. CEG is more expensive than 76.09% of the companies in the same industry.
- CEG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CEG is cheaper than 71.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 79.57 | ||
| EV/EBITDA | 18.77 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- CEG's earnings are expected to grow with 29.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.87
PEG (5Y)1.32
EPS Next 2Y31%
EPS Next 3Y29.31%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.52%, CEG is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.16, CEG's dividend is way lower than its industry peers. On top of this 86.96% of the companies listed in the same industry pay a better dividend than CEG!
- Compared to an average S&P500 Dividend Yield of 1.82, CEG's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
5.2 History
- CEG has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
- 20.96% of the earnings are spent on dividend by CEG. This is a low number and sustainable payout ratio.
DP20.96%
EPS Next 2Y31%
EPS Next 3Y29.31%
NASDAQ:CEG (3/2/2026, 1:37:03 PM)
328.185
-1.69 (-0.51%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)02-24 2026-02-24/bmo
Earnings (Next)N/A N/A
Inst Owners85.11%
Inst Owner Change1.33%
Ins Owners0.26%
Ins Owner Change45.43%
Market Cap102.49B
Revenue(TTM)25.53B
Net Income(TTM)2.32B
Analysts78.33
Price Target405.24 (23.48%)
Short Float %2.6%
Short Ratio2.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
Yearly Dividend1.55
Dividend Growth(5Y)N/A
DP20.96%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.76%
Min EPS beat(2)-3.49%
Max EPS beat(2)1.97%
EPS beat(4)2
Avg EPS beat(4)-20.45%
Min EPS beat(4)-83.02%
Max EPS beat(4)2.74%
EPS beat(8)6
Avg EPS beat(8)16.87%
EPS beat(12)8
Avg EPS beat(12)22.09%
EPS beat(16)8
Avg EPS beat(16)-13.99%
Revenue beat(2)1
Avg Revenue beat(2)6.25%
Min Revenue beat(2)-0.96%
Max Revenue beat(2)13.47%
Revenue beat(4)3
Avg Revenue beat(4)15.28%
Min Revenue beat(4)-0.96%
Max Revenue beat(4)25.1%
Revenue beat(8)4
Avg Revenue beat(8)5.52%
Revenue beat(12)7
Avg Revenue beat(12)6.5%
Revenue beat(16)10
Avg Revenue beat(16)17.82%
PT rev (1m)-1.75%
PT rev (3m)2.98%
EPS NQ rev (1m)-5.71%
EPS NQ rev (3m)-7.63%
EPS NY rev (1m)0.24%
EPS NY rev (3m)9.15%
Revenue NQ rev (1m)0.15%
Revenue NQ rev (3m)3.7%
Revenue NY rev (1m)-0.81%
Revenue NY rev (3m)4.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.01 | ||
| Fwd PE | 28.82 | ||
| P/S | 4.01 | ||
| P/FCF | 79.57 | ||
| P/OCF | 24.19 | ||
| P/B | 7.06 | ||
| P/tB | 7.27 | ||
| EV/EBITDA | 18.77 |
EPS(TTM)7.63
EY2.32%
EPS(NY)11.39
Fwd EY3.47%
FCF(TTM)4.12
FCFY1.26%
OCF(TTM)13.57
OCFY4.13%
SpS81.76
BVpS46.49
TBVpS45.14
PEG (NY)0.87
PEG (5Y)1.32
Graham Number89.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.05% | ||
| ROE | 15.97% | ||
| ROCE | 6.26% | ||
| ROIC | 4.51% | ||
| ROICexc | 4.86% | ||
| ROICexgc | 4.9% | ||
| OM | 12.09% | ||
| PM (TTM) | 9.08% | ||
| GM | 42.5% | ||
| FCFM | 5.04% |
ROA(3y)4.78%
ROA(5y)2.71%
ROE(3y)19.77%
ROE(5y)11.21%
ROIC(3y)4.67%
ROIC(5y)N/A
ROICexc(3y)4.95%
ROICexc(5y)N/A
ROICexgc(3y)5%
ROICexgc(5y)N/A
ROCE(3y)6.37%
ROCE(5y)N/A
ROICexgc growth 3Y74.38%
ROICexgc growth 5Y62.88%
ROICexc growth 3Y73.87%
ROICexc growth 5Y62.63%
OM growth 3Y81.51%
OM growth 5Y53.34%
PM growth 3YN/A
PM growth 5Y22.11%
GM growth 3Y14.18%
GM growth 5Y-1.38%
F-Score6
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 6.98 | ||
| Debt/EBITDA | 1.56 | ||
| Cap/Depr | 113.38% | ||
| Cap/Sales | 11.55% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 74.5% | ||
| Profit Quality | 55.54% | ||
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.31 | ||
| Altman-Z | 2.3 |
F-Score6
WACC8.23%
ROIC/WACC0.55
Cap/Depr(3y)101.57%
Cap/Depr(5y)80.72%
Cap/Sales(3y)10.72%
Cap/Sales(5y)9.17%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-35.83%
EPS 3YN/A
EPS 5Y32.49%
EPS Q2Q%-15.13%
EPS Next Y49.24%
EPS Next 2Y31%
EPS Next 3Y29.31%
EPS Next 5Y19.16%
Revenue 1Y (TTM)8.34%
Revenue growth 3Y1.47%
Revenue growth 5Y7.72%
Sales Q2Q%12.86%
Revenue Next Year10.82%
Revenue Next 2Y9.09%
Revenue Next 3Y9.23%
Revenue Next 5Y7.05%
EBIT growth 1Y-27.91%
EBIT growth 3Y84.17%
EBIT growth 5Y65.18%
EBIT Next Year101.43%
EBIT Next 3Y38.74%
EBIT Next 5Y22.58%
FCF growth 1Y125.61%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y271.96%
OCF growth 3YN/A
OCF growth 5Y48.64%
CONSTELLATION ENERGY / CEG FAQ
What is the fundamental rating for CEG stock?
ChartMill assigns a fundamental rating of 5 / 10 to CEG.
Can you provide the valuation status for CONSTELLATION ENERGY?
ChartMill assigns a valuation rating of 3 / 10 to CONSTELLATION ENERGY (CEG). This can be considered as Overvalued.
What is the profitability of CEG stock?
CONSTELLATION ENERGY (CEG) has a profitability rating of 4 / 10.
How financially healthy is CONSTELLATION ENERGY?
The financial health rating of CONSTELLATION ENERGY (CEG) is 7 / 10.
How sustainable is the dividend of CONSTELLATION ENERGY (CEG) stock?
The dividend rating of CONSTELLATION ENERGY (CEG) is 2 / 10 and the dividend payout ratio is 20.96%.