CONSTELLATION ENERGY (CEG) Fundamental Analysis & Valuation

NASDAQ:CEG • US21037T1097

Current stock price

308.21 USD
-6.96 (-2.21%)
Last:

This CEG fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. CEG Profitability Analysis

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.
  • CEG had negative operating cash flow in 4 of the past 5 years.
CEG Yearly Net Income VS EBIT VS OCF VS FCFCEG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B -6B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 4.05%, CEG belongs to the top of the industry, outperforming 80.85% of the companies in the same industry.
  • The Return On Equity of CEG (15.97%) is better than 89.36% of its industry peers.
  • CEG's Return On Invested Capital of 4.51% is fine compared to the rest of the industry. CEG outperforms 76.60% 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 4.52%.
Industry RankSector 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
CEG Yearly ROA, ROE, ROICCEG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20

1.3 Margins

  • CEG's Profit Margin of 9.08% is on the low side compared to the rest of the industry. CEG is outperformed by 72.34% of its industry peers.
  • In the last couple of years the Profit Margin of CEG has grown nicely.
  • CEG has a Operating Margin of 12.09%. This is amonst the worse of the industry: CEG underperforms 82.98% of its industry peers.
  • In the last couple of years the Operating Margin of CEG has grown nicely.
  • The Gross Margin of CEG (42.50%) is comparable to the rest of the industry.
  • CEG's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
CEG Yearly Profit, Operating, Gross MarginsCEG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30 40 50

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. CEG Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CEG is destroying value.
  • The number of shares outstanding for CEG has been reduced compared to 1 year ago.
  • The number of shares outstanding for CEG has been reduced compared to 5 years ago.
  • Compared to 1 year ago, CEG has an improved debt to assets ratio.
CEG Yearly Shares OutstandingCEG Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
CEG Yearly Total Debt VS Total AssetsCEG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B 50B

2.2 Solvency

  • CEG has an Altman-Z score of 2.46. 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.
  • Looking at the Altman-Z score, with a value of 2.46, CEG belongs to the top of the industry, outperforming 95.74% of the companies in the same industry.
  • 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 better Debt to FCF ratio (6.98) than 89.36% of its industry peers.
  • CEG has a Debt/Equity ratio of 0.61. This is a neutral value indicating CEG is somewhat dependend on debt financing.
  • CEG has a Debt to Equity ratio of 0.61. This is amongst the best in the industry. CEG outperforms 80.85% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF 6.98
Altman-Z 2.46
ROIC/WACC0.53
WACC8.58%
CEG Yearly LT Debt VS Equity VS FCFCEG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 0 5B -5B 10B

2.3 Liquidity

  • CEG has a Current Ratio of 1.53. 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 Current ratio of 1.53. This is amongst the best in the industry. CEG outperforms 85.11% 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 Quick ratio of 1.31. This is amongst the best in the industry. CEG outperforms 85.11% of its industry peers.
Industry RankSector Rank
Current Ratio 1.53
Quick Ratio 1.31
CEG Yearly Current Assets VS Current LiabilitesCEG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. CEG Growth Analysis

3.1 Past

  • The earnings per share for CEG have decreased strongly by -35.83% in the last year.
  • The Earnings Per Share has been growing by 32.49% on average over the past years. This is a very strong growth
  • 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 22.40% on average over the next years. This is a very strong growth
  • CEG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.97% yearly.
EPS Next Y54.27%
EPS Next 2Y34.45%
EPS Next 3Y31.68%
EPS Next 5Y22.4%
Revenue Next Year22.7%
Revenue Next 2Y14.97%
Revenue Next 3Y12.52%
Revenue Next 5Y8.97%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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.
CEG Yearly Revenue VS EstimatesCEG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B
CEG Yearly EPS VS EstimatesCEG Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 5 10 15 20

More info and screens

Find the best growth stocksShow best growing peers

3

4. CEG Valuation Analysis

4.1 Price/Earnings Ratio

  • CEG is valuated quite expensively with a Price/Earnings ratio of 40.39.
  • Based on the Price/Earnings ratio, CEG is valued more expensive than 85.11% of the companies in the same industry.
  • CEG is valuated rather expensively when we compare the Price/Earnings ratio to 27.15, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 26.19 indicates a quite expensive valuation of CEG.
  • Based on the Price/Forward Earnings ratio, CEG is valued expensively inside the industry as 85.11% of the companies are valued cheaper.
  • The average S&P500 Price/Forward Earnings ratio is at 22.12. CEG is around the same levels.
Industry RankSector Rank
PE 40.39
Fwd PE 26.19
CEG Price Earnings VS Forward Price EarningsCEG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, CEG is valued more expensive than 82.98% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, CEG is valued a bit cheaper than the industry average as 76.60% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 86.69
EV/EBITDA 20.73
CEG Per share dataCEG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

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 31.68% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.74
PEG (5Y)1.24
EPS Next 2Y34.45%
EPS Next 3Y31.68%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. CEG Dividend Analysis

5.1 Amount

  • CEG has a yearly dividend return of 0.58%, which is pretty low.
  • Compared to an average industry Dividend Yield of 2.83, CEG's dividend is way lower than its industry peers. On top of this 87.23% of the companies listed in the same industry pay a better dividend than CEG!
  • With a Dividend Yield of 0.58, CEG pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.58%

5.2 History

  • CEG has been paying a dividend for over 5 years, so it has already some track record.
  • CEG has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
CEG Yearly Dividends per shareCEG Yearly Dividends per shareYearly Dividends per share 2022 2023 2024 2025 2026 0.5 1 1.5

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 2Y34.45%
EPS Next 3Y31.68%
CEG Yearly Income VS Free CF VS DividendCEG Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B -4B -6B
CEG Dividend Payout.CEG Dividend Payout, showing the Payout Ratio.CEG Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

CEG Fundamentals: All Metrics, Ratios and Statistics

CONSTELLATION ENERGY

NASDAQ:CEG (4/28/2026, 3:06:07 PM)

308.21

-6.96 (-2.21%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)02-24
Earnings (Next)05-11
Inst Owners72.71%
Inst Owner Change-0.08%
Ins Owners0.31%
Ins Owner Change46.11%
Market Cap111.66B
Revenue(TTM)25.53B
Net Income(TTM)2.32B
Analysts79.23
Price Target376.2 (22.06%)
Short Float %3.05%
Short Ratio3.26
Dividend
Industry RankSector Rank
Dividend Yield 0.58%
Yearly Dividend1.55
Dividend Growth(5Y)N/A
DP20.96%
Div Incr Years3
Div Non Decr Years3
Ex-Date03-09
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.57%
Min EPS beat(2)-3.49%
Max EPS beat(2)2.35%
EPS beat(4)2
Avg EPS beat(4)-20.36%
Min EPS beat(4)-83.02%
Max EPS beat(4)2.74%
EPS beat(8)6
Avg EPS beat(8)16.92%
EPS beat(12)8
Avg EPS beat(12)22.12%
EPS beat(16)8
Avg EPS beat(16)-13.97%
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)-7.17%
PT rev (3m)-8.79%
EPS NQ rev (1m)3.69%
EPS NQ rev (3m)-6.96%
EPS NY rev (1m)1.23%
EPS NY rev (3m)3.62%
Revenue NQ rev (1m)1.58%
Revenue NQ rev (3m)9.81%
Revenue NY rev (1m)4.29%
Revenue NY rev (3m)11.61%
Valuation
Industry RankSector Rank
PE 40.39
Fwd PE 26.19
P/S 4.37
P/FCF 86.69
P/OCF 26.35
P/B 7.69
P/tB 7.92
EV/EBITDA 20.73
EPS(TTM)7.63
EY2.48%
EPS(NY)11.77
Fwd EY3.82%
FCF(TTM)3.56
FCFY1.15%
OCF(TTM)11.7
OCFY3.79%
SpS70.48
BVpS40.07
TBVpS38.91
PEG (NY)0.74
PEG (5Y)1.24
Graham Number82.94 (-73.09%)
Profitability
Industry RankSector 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 RankSector 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 2.46
F-Score6
WACC8.58%
ROIC/WACC0.53
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 Y54.27%
EPS Next 2Y34.45%
EPS Next 3Y31.68%
EPS Next 5Y22.4%
Revenue 1Y (TTM)8.34%
Revenue growth 3Y1.47%
Revenue growth 5Y7.72%
Sales Q2Q%12.86%
Revenue Next Year22.7%
Revenue Next 2Y14.97%
Revenue Next 3Y12.52%
Revenue Next 5Y8.97%
EBIT growth 1Y-27.91%
EBIT growth 3Y84.17%
EBIT growth 5Y65.18%
EBIT Next Year104.99%
EBIT Next 3Y40.2%
EBIT Next 5Y24.8%
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 Fundamental Analysis FAQ

What is the fundamental rating for CEG stock?

ChartMill assigns a fundamental rating of 5 / 10 to CEG.


What is the valuation status of CONSTELLATION ENERGY (CEG) stock?

ChartMill assigns a valuation rating of 3 / 10 to CONSTELLATION ENERGY (CEG). This can be considered as Overvalued.


How profitable is CONSTELLATION ENERGY (CEG) stock?

CONSTELLATION ENERGY (CEG) has a profitability rating of 5 / 10.


What is the financial health of CONSTELLATION ENERGY (CEG) stock?

The financial health rating of CONSTELLATION ENERGY (CEG) is 7 / 10.


What is the earnings growth outlook for CONSTELLATION ENERGY?

The Earnings per Share (EPS) of CONSTELLATION ENERGY (CEG) is expected to grow by 54.27% in the next year.