PORTLAND GENERAL ELECTRIC CO (POR)
US7365088472 - Common Stock
Taking everything into account, POR scores 4 out of 10 in our fundamental rating. POR was compared to 47 industry peers in the Electric Utilities industry. There are concerns on the financial health of POR while its profitability can be described as average. POR has a correct valuation and a medium growth rate. POR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year POR was profitable.
In the past year POR had a positive cash flow from operations.
Each year in the past 5 years POR has been profitable.
In the past 5 years POR always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of POR (2.89%) is comparable to the rest of the industry.
With a Return On Equity value of 9.45%, POR perfoms like the industry average, outperforming 55.56% of the companies in the same industry.
POR's Return On Invested Capital of 4.16% is fine compared to the rest of the industry. POR outperforms 62.22% of its industry peers.
The Average Return On Invested Capital over the past 3 years for POR is in line with the industry average of 4.67%.
The last Return On Invested Capital (4.16%) for POR is above the 3 year average (3.56%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.89% | ||
| ROE | 9.45% | ||
| ROIC | 4.16% |
ROA(3y)2.28%
ROA(5y)2.22%
ROE(3y)8.09%
ROE(5y)7.69%
ROIC(3y)3.56%
ROIC(5y)3.46%
1.3 Margins
POR's Profit Margin of 10.27% is on the low side compared to the rest of the industry. POR is outperformed by 64.44% of its industry peers.
POR's Profit Margin has declined in the last couple of years.
The Operating Margin of POR (16.07%) is worse than 68.89% of its industry peers.
POR's Operating Margin has declined in the last couple of years.
The Gross Margin of POR (46.96%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of POR has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.07% | ||
| PM (TTM) | 10.27% | ||
| GM | 46.96% |
OM growth 3Y2.61%
OM growth 5Y-4.18%
PM growth 3Y2.58%
PM growth 5Y-6.03%
GM growth 3Y-4.47%
GM growth 5Y-3.67%
2. Health
2.1 Basic Checks
POR 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, POR has more shares outstanding
POR has more shares outstanding than it did 5 years ago.
POR has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.96, we must say that POR is in the distress zone and has some risk of bankruptcy.
POR has a Altman-Z score of 0.96. This is comparable to the rest of the industry: POR outperforms 57.78% of its industry peers.
POR has a Debt/Equity ratio of 1.28. This is a high value indicating a heavy dependency on external financing.
POR has a Debt to Equity ratio (1.28) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.96 |
ROIC/WACC0.68
WACC6.14%
2.3 Liquidity
POR has a Current Ratio of 0.98. This is a bad value and indicates that POR is not financially healthy enough and could expect problems in meeting its short term obligations.
POR has a Current ratio (0.98) which is comparable to the rest of the industry.
A Quick Ratio of 0.86 indicates that POR may have some problems paying its short term obligations.
POR has a Quick ratio (0.86) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
POR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 50.43%, which is quite impressive.
POR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.81%.
POR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.98% yearly.
EPS 1Y (TTM)50.43%
EPS 3Y11.28%
EPS 5Y0%
EPS Q2Q%95.65%
Revenue 1Y (TTM)15.81%
Revenue growth 3Y10.87%
Revenue growth 5Y7.98%
Sales Q2Q%15.84%
3.2 Future
POR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.89% yearly.
The Revenue is expected to grow by 6.71% on average over the next years.
EPS Next Y33.5%
EPS Next 2Y17.38%
EPS Next 3Y12.81%
EPS Next 5Y9.89%
Revenue Next Year14.51%
Revenue Next 2Y10.02%
Revenue Next 3Y7.96%
Revenue Next 5Y6.71%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.42, which indicates a correct valuation of POR.
POR's Price/Earnings ratio is in line with the industry average.
POR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.54.
POR is valuated correctly with a Price/Forward Earnings ratio of 13.39.
POR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. POR is cheaper than 66.67% of the companies in the same industry.
POR is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.42 | ||
| Fwd PE | 13.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, POR is valued a bit cheaper than 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.92 |
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.
POR's earnings are expected to grow with 12.81% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.37
PEG (5Y)N/A
EPS Next 2Y17.38%
EPS Next 3Y12.81%
5. Dividend
5.1 Amount
POR has a Yearly Dividend Yield of 4.55%, which is a nice return.
Compared to an average industry Dividend Yield of 3.68, POR pays a better dividend. On top of this POR pays more dividend than 86.67% of the companies listed in the same industry.
POR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.55% |
5.2 History
On average, the dividend of POR grows each year by 6.05%, which is quite nice.
POR has paid a dividend for at least 10 years, which is a reliable track record.
POR has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.05%
Div Incr Years18
Div Non Decr Years18
5.3 Sustainability
POR pays out 57.14% of its income as dividend. This is a bit on the high side, but may be sustainable.
POR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP57.14%
EPS Next 2Y17.38%
EPS Next 3Y12.81%
PORTLAND GENERAL ELECTRIC CO
NYSE:POR (12/26/2024, 11:50:51 AM)
43.72
-0.05 (-0.11%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners105.56%
Inst Owner Change-0.52%
Ins Owners0.45%
Ins Owner Change2.69%
Market Cap4.61B
Analysts75.29
Price Target53.34 (22%)
Short Float %2.96%
Short Ratio3.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.55% |
Dividend Growth(5Y)6.05%
DP57.14%
Div Incr Years18
Div Non Decr Years18
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.11%
Min EPS beat(2)2.8%
Max EPS beat(2)9.41%
EPS beat(4)3
Avg EPS beat(4)0.88%
Min EPS beat(4)-18.75%
Max EPS beat(4)10.04%
EPS beat(8)5
Avg EPS beat(8)-0.92%
EPS beat(12)7
Avg EPS beat(12)-0.48%
EPS beat(16)9
Avg EPS beat(16)1.81%
Revenue beat(2)2
Avg Revenue beat(2)5.86%
Min Revenue beat(2)4.73%
Max Revenue beat(2)6.98%
Revenue beat(4)3
Avg Revenue beat(4)4.67%
Min Revenue beat(4)-3.98%
Max Revenue beat(4)10.96%
Revenue beat(8)7
Avg Revenue beat(8)8.87%
Revenue beat(12)11
Avg Revenue beat(12)9.27%
Revenue beat(16)14
Avg Revenue beat(16)8.77%
PT rev (1m)1.44%
PT rev (3m)0.08%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-49.75%
EPS NY rev (1m)-0.24%
EPS NY rev (3m)1.68%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)-13.31%
Revenue NY rev (1m)1.27%
Revenue NY rev (3m)3.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.42 | ||
| Fwd PE | 13.39 | ||
| P/S | 1.38 | ||
| P/FCF | N/A | ||
| P/OCF | 6.62 | ||
| P/B | 1.27 | ||
| P/tB | 1.27 | ||
| EV/EBITDA | 8.92 |
EPS(TTM)3.52
EY8.05%
EPS(NY)3.27
Fwd EY7.47%
FCF(TTM)-5.75
FCFYN/A
OCF(TTM)6.61
OCFY15.12%
SpS31.68
BVpS34.42
TBVpS34.42
PEG (NY)0.37
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.89% | ||
| ROE | 9.45% | ||
| ROCE | 4.92% | ||
| ROIC | 4.16% | ||
| ROICexc | 4.21% | ||
| ROICexgc | 4.21% | ||
| OM | 16.07% | ||
| PM (TTM) | 10.27% | ||
| GM | 46.96% | ||
| FCFM | N/A |
ROA(3y)2.28%
ROA(5y)2.22%
ROE(3y)8.09%
ROE(5y)7.69%
ROIC(3y)3.56%
ROIC(5y)3.46%
ROICexc(3y)3.62%
ROICexc(5y)3.52%
ROICexgc(3y)3.99%
ROICexgc(5y)3.88%
ROCE(3y)4.23%
ROCE(5y)4.11%
ROICexcg growth 3Y5.68%
ROICexcg growth 5Y-3.6%
ROICexc growth 3Y5.7%
ROICexc growth 5Y-3.44%
OM growth 3Y2.61%
OM growth 5Y-4.18%
PM growth 3Y2.58%
PM growth 5Y-6.03%
GM growth 3Y-4.47%
GM growth 5Y-3.67%
F-Score6
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.52 | ||
| Cap/Depr | 267.56% | ||
| Cap/Sales | 39% | ||
| Interest Coverage | 3.23 | ||
| Cash Conversion | 68.07% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 0.96 |
F-Score6
WACC6.14%
ROIC/WACC0.68
Cap/Depr(3y)212.54%
Cap/Depr(5y)191.7%
Cap/Sales(3y)33.98%
Cap/Sales(5y)33.41%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)50.43%
EPS 3Y11.28%
EPS 5Y0%
EPS Q2Q%95.65%
EPS Next Y33.5%
EPS Next 2Y17.38%
EPS Next 3Y12.81%
EPS Next 5Y9.89%
Revenue 1Y (TTM)15.81%
Revenue growth 3Y10.87%
Revenue growth 5Y7.98%
Sales Q2Q%15.84%
Revenue Next Year14.51%
Revenue Next 2Y10.02%
Revenue Next 3Y7.96%
Revenue Next 5Y6.71%
EBIT growth 1Y45.14%
EBIT growth 3Y13.76%
EBIT growth 5Y3.46%
EBIT Next Year138.4%
EBIT Next 3Y41.62%
EBIT Next 5Y27.7%
FCF growth 1Y-262.87%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y33.02%
OCF growth 3Y-9.52%
OCF growth 5Y-7.79%