EXELON CORP (EXC)
US30161N1019 - Common Stock
EXC gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 47 industry peers in the Electric Utilities industry. There are concerns on the financial health of EXC while its profitability can be described as average. EXC is quite expensive at the moment. It does show a decent growth rate. Finally EXC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year EXC was profitable.
EXC had a positive operating cash flow in the past year.
EXC had positive earnings in each of the past 5 years.
In the past 5 years EXC always reported a positive cash flow from operatings.
1.2 Ratios
EXC's Return On Assets of 2.29% is on the low side compared to the rest of the industry. EXC is outperformed by 60.00% of its industry peers.
EXC has a Return On Equity (9.13%) which is in line with its industry peers.
Looking at the Return On Invested Capital, with a value of 3.69%, EXC is in line with its industry, outperforming 53.33% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for EXC is in line with the industry average of 4.67%.
The 3 year average ROIC (2.94%) for EXC is below the current ROIC(3.69%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.29% | ||
| ROE | 9.13% | ||
| ROIC | 3.69% |
ROA(3y)1.95%
ROA(5y)1.94%
ROE(3y)7.59%
ROE(5y)7.58%
ROIC(3y)2.94%
ROIC(5y)2.83%
1.3 Margins
EXC's Profit Margin of 10.60% is on the low side compared to the rest of the industry. EXC is outperformed by 62.22% of its industry peers.
EXC's Profit Margin has improved in the last couple of years.
The Operating Margin of EXC (18.73%) is worse than 62.22% of its industry peers.
EXC's Operating Margin has improved in the last couple of years.
The Gross Margin of EXC (61.57%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of EXC has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.73% | ||
| PM (TTM) | 10.6% | ||
| GM | 61.57% |
OM growth 3Y29.67%
OM growth 5Y11.62%
PM growth 3Y21.72%
PM growth 5Y13.97%
GM growth 3Y0.93%
GM growth 5Y1.79%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EXC is destroying value.
The number of shares outstanding for EXC has been increased compared to 1 year ago.
The number of shares outstanding for EXC has been increased compared to 5 years ago.
EXC has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.72, we must say that EXC is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.72, EXC is doing worse than 64.44% of the companies in the same industry.
EXC has a Debt/Equity ratio of 1.69. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.69, EXC is doing worse than 68.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.72 |
ROIC/WACC0.61
WACC6.07%
2.3 Liquidity
A Current Ratio of 1.09 indicates that EXC should not have too much problems paying its short term obligations.
The Current ratio of EXC (1.09) is comparable to the rest of the industry.
A Quick Ratio of 0.97 indicates that EXC may have some problems paying its short term obligations.
EXC has a Quick ratio (0.97) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.31% over the past year.
The Earnings Per Share has been decreasing by -5.33% on average over the past years.
Looking at the last year, EXC shows a quite strong growth in Revenue. The Revenue has grown by 9.03% in the last year.
Measured over the past years, EXC shows a decrease in Revenue. The Revenue has been decreasing by -9.59% on average per year.
EPS 1Y (TTM)11.31%
EPS 3Y-9.59%
EPS 5Y-5.33%
EPS Q2Q%5.97%
Revenue 1Y (TTM)9.03%
Revenue growth 3Y-13.04%
Revenue growth 5Y-9.59%
Sales Q2Q%2.91%
3.2 Future
The Earnings Per Share is expected to grow by 6.06% on average over the next years.
Based on estimates for the next years, EXC will show a small growth in Revenue. The Revenue will grow by 4.55% on average per year.
EPS Next Y4.09%
EPS Next 2Y5.63%
EPS Next 3Y5.56%
EPS Next 5Y6.06%
Revenue Next Year8.84%
Revenue Next 2Y6.09%
Revenue Next 3Y5.23%
Revenue Next 5Y4.55%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 15.05, which indicates a correct valuation of EXC.
Compared to the rest of the industry, the Price/Earnings ratio of EXC is on the same level as its industry peers.
EXC's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.73.
Based on the Price/Forward Earnings ratio of 13.94, the valuation of EXC can be described as correct.
EXC's Price/Forward Earnings is on the same level as the industry average.
EXC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.05 | ||
| Fwd PE | 13.94 |
4.2 Price Multiples
EXC's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.38 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates EXC does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.68
PEG (5Y)N/A
EPS Next 2Y5.63%
EPS Next 3Y5.56%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.09%, EXC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.66, EXC pays a bit more dividend than its industry peers.
EXC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.09% |
5.2 History
The dividend of EXC has a limited annual growth rate of 0.83%.
EXC has paid a dividend for at least 10 years, which is a reliable track record.
EXC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.83%
Div Incr Years3
Div Non Decr Years10
5.3 Sustainability
61.77% of the earnings are spent on dividend by EXC. This is not a sustainable payout ratio.
EXC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP61.77%
EPS Next 2Y5.63%
EPS Next 3Y5.56%
EXELON CORP
NASDAQ:EXC (12/20/2024, 8:07:56 PM)
After market: 37.02 0 (0%)37.02
-0.17 (-0.46%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners86.8%
Inst Owner Change-0.46%
Ins Owners0.08%
Ins Owner Change1.09%
Market Cap37.20B
Analysts70
Price Target43.75 (18.18%)
Short Float %1.7%
Short Ratio2.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.09% |
Dividend Growth(5Y)0.83%
DP61.77%
Div Incr Years3
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.1%
Min EPS beat(2)5.35%
Max EPS beat(2)16.84%
EPS beat(4)3
Avg EPS beat(4)5.24%
Min EPS beat(4)-3.36%
Max EPS beat(4)16.84%
EPS beat(8)5
Avg EPS beat(8)3.11%
EPS beat(12)7
Avg EPS beat(12)2.12%
EPS beat(16)9
Avg EPS beat(16)-3.28%
Revenue beat(2)2
Avg Revenue beat(2)6.23%
Min Revenue beat(2)4.08%
Max Revenue beat(2)8.39%
Revenue beat(4)4
Avg Revenue beat(4)11.82%
Min Revenue beat(4)4.08%
Max Revenue beat(4)27.35%
Revenue beat(8)8
Avg Revenue beat(8)11.81%
Revenue beat(12)10
Avg Revenue beat(12)6.22%
Revenue beat(16)13
Avg Revenue beat(16)3.46%
PT rev (1m)0.51%
PT rev (3m)3.6%
EPS NQ rev (1m)-0.16%
EPS NQ rev (3m)-2.62%
EPS NY rev (1m)-0.06%
EPS NY rev (3m)0.21%
Revenue NQ rev (1m)3.98%
Revenue NQ rev (3m)-5.37%
Revenue NY rev (1m)0.88%
Revenue NY rev (3m)-0.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.05 | ||
| Fwd PE | 13.94 | ||
| P/S | 1.62 | ||
| P/FCF | N/A | ||
| P/OCF | 6.7 | ||
| P/B | 1.4 | ||
| P/tB | 1.86 | ||
| EV/EBITDA | 10.38 |
EPS(TTM)2.46
EY6.65%
EPS(NY)2.66
Fwd EY7.17%
FCF(TTM)-1.47
FCFYN/A
OCF(TTM)5.53
OCFY14.93%
SpS22.81
BVpS26.49
TBVpS19.9
PEG (NY)3.68
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.29% | ||
| ROE | 9.13% | ||
| ROCE | 4.35% | ||
| ROIC | 3.69% | ||
| ROICexc | 3.72% | ||
| ROICexgc | 3.98% | ||
| OM | 18.73% | ||
| PM (TTM) | 10.6% | ||
| GM | 61.57% | ||
| FCFM | N/A |
ROA(3y)1.95%
ROA(5y)1.94%
ROE(3y)7.59%
ROE(5y)7.58%
ROIC(3y)2.94%
ROIC(5y)2.83%
ROICexc(3y)2.96%
ROICexc(5y)2.85%
ROICexgc(3y)3.18%
ROICexgc(5y)3.05%
ROCE(3y)3.52%
ROCE(5y)3.38%
ROICexcg growth 3Y22.09%
ROICexcg growth 5Y3.78%
ROICexc growth 3Y21.6%
ROICexc growth 5Y3.67%
OM growth 3Y29.67%
OM growth 5Y11.62%
PM growth 3Y21.72%
PM growth 5Y13.97%
GM growth 3Y0.93%
GM growth 5Y1.79%
F-Score6
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.74 | ||
| Cap/Depr | 196.73% | ||
| Cap/Sales | 30.66% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 70.61% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 0.72 |
F-Score6
WACC6.07%
ROIC/WACC0.61
Cap/Depr(3y)172.99%
Cap/Depr(5y)153.54%
Cap/Sales(3y)38.68%
Cap/Sales(5y)32.29%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.31%
EPS 3Y-9.59%
EPS 5Y-5.33%
EPS Q2Q%5.97%
EPS Next Y4.09%
EPS Next 2Y5.63%
EPS Next 3Y5.56%
EPS Next 5Y6.06%
Revenue 1Y (TTM)9.03%
Revenue growth 3Y-13.04%
Revenue growth 5Y-9.59%
Sales Q2Q%2.91%
Revenue Next Year8.84%
Revenue Next 2Y6.09%
Revenue Next 3Y5.23%
Revenue Next 5Y4.55%
EBIT growth 1Y17.87%
EBIT growth 3Y12.76%
EBIT growth 5Y0.91%
EBIT Next Year99.73%
EBIT Next 3Y32.31%
EBIT Next 5Y21.81%
FCF growth 1Y64.7%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y84.4%
OCF growth 3Y3.56%
OCF growth 5Y-11.46%