PORTLAND GENERAL ELECTRIC CO (POR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:POR - US7365088472 - Common Stock
47.99 USD
-0.1 (-0.21%)
47.13 USD
-0.86 (-1.79%)
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. POR has a bad profitability rating. Also its financial health evaluation is rather negative. POR is quite expensive at the moment. It does show a decent 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.
POR had positive earnings in each of the past 5 years.
POR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
POR has a Return On Assets of 2.33%. This is in the lower half of the industry: POR underperforms 76.60% of its industry peers.
POR has a worse Return On Equity (7.67%) than 78.72% of its industry peers.
POR's Return On Invested Capital of 3.95% is in line compared to the rest of the industry. POR outperforms 40.43% of its industry peers.
POR had an Average Return On Invested Capital over the past 3 years of 3.68%. This is in line with the industry average of 5.04%.
The last Return On Invested Capital (3.95%) for POR is above the 3 year average (3.68%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.33% | ||
| ROE | 7.67% | ||
| ROIC | 3.95% |
ROA(3y)2.25%
ROA(5y)2.21%
ROE(3y)7.83%
ROE(5y)7.69%
ROIC(3y)3.68%
ROIC(5y)3.51%
1.3 Margins
With a Profit Margin value of 8.63%, POR is not doing good in the industry: 76.60% of the companies in the same industry are doing better.
POR's Profit Margin has declined in the last couple of years.
POR has a worse Operating Margin (15.67%) than 72.34% of its industry peers.
POR's Operating Margin has declined in the last couple of years.
POR has a Gross Margin of 47.96%. This is comparable to the rest of the industry: POR outperforms 48.94% of its industry peers.
In the last couple of years the Gross Margin of POR has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.67% | ||
| PM (TTM) | 8.63% | ||
| GM | 47.96% |
OM growth 3Y-1.92%
OM growth 5Y-2.79%
PM growth 3Y-3.68%
PM growth 5Y-2.03%
GM growth 3Y-4.39%
GM growth 5Y-3.94%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), POR is destroying value.
Compared to 1 year ago, POR has more shares outstanding
Compared to 5 years ago, POR has more shares outstanding
POR has a better debt/assets ratio than last year.
2.2 Solvency
POR has an Altman-Z score of 0.96. This is a bad value and indicates that POR is not financially healthy and even has some risk of bankruptcy.
POR has a Altman-Z score of 0.96. This is in the better half of the industry: POR outperforms 63.83% of its industry peers.
POR has a Debt/Equity ratio of 1.25. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.25, POR is in the better half of the industry, outperforming 63.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.96 |
ROIC/WACC0.63
WACC6.23%
2.3 Liquidity
POR has a Current Ratio of 1.08. This is a normal value and indicates that POR is financially healthy and should not expect problems in meeting its short term obligations.
POR has a better Current ratio (1.08) than 76.60% of its industry peers.
POR has a Quick Ratio of 1.08. 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 better Quick ratio (0.95) than 72.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
POR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.33%.
Measured over the past 5 years, POR shows a small growth in Earnings Per Share. The EPS has been growing by 5.52% on average per year.
The Revenue has been growing slightly by 5.09% in the past year.
Measured over the past years, POR shows a quite strong growth in Revenue. The Revenue has been growing by 10.13% on average per year.
EPS 1Y (TTM)-17.33%
EPS 3Y4.77%
EPS 5Y5.52%
EPS Q2Q%11.11%
Revenue 1Y (TTM)5.09%
Revenue growth 3Y12.81%
Revenue growth 5Y10.13%
Sales Q2Q%2.48%
3.2 Future
Based on estimates for the next years, POR will show a small growth in Earnings Per Share. The EPS will grow by 4.97% on average per year.
The Revenue is expected to grow by 6.81% on average over the next years.
EPS Next Y4.11%
EPS Next 2Y4.49%
EPS Next 3Y4.61%
EPS Next 5Y4.97%
Revenue Next Year11.87%
Revenue Next 2Y8.29%
Revenue Next 3Y7%
Revenue Next 5Y6.81%
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 stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
POR is valuated correctly with a Price/Earnings ratio of 16.49.
The rest of the industry has a similar Price/Earnings ratio as POR.
POR's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.51.
With a Price/Forward Earnings ratio of 14.00, POR is valued correctly.
The rest of the industry has a similar Price/Forward Earnings ratio as POR.
POR's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.49 | ||
| Fwd PE | 14 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of POR indicates a somewhat cheap valuation: POR is cheaper than 72.34% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.21 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates POR does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)4.01
PEG (5Y)2.99
EPS Next 2Y4.49%
EPS Next 3Y4.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.40%, POR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.02, POR pays a better dividend. On top of this POR pays more dividend than 85.11% 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 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.4% |
5.2 History
The dividend of POR has a limited annual growth rate of 4.85%.
POR has paid a dividend for at least 10 years, which is a reliable track record.
POR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.85%
Div Incr Years18
Div Non Decr Years18
5.3 Sustainability
POR pays out 72.28% of its income as dividend. This is not a sustainable payout ratio.
POR's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP72.28%
EPS Next 2Y4.49%
EPS Next 3Y4.61%
47.99
-0.1 (-0.21%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners98.71%
Inst Owner Change1.89%
Ins Owners0.47%
Ins Owner Change-0.21%
Market Cap5.40B
Revenue(TTM)3.51B
Net Income(TTM)303.00M
Analysts70
Price Target49.64 (3.44%)
Short Float %5.67%
Short Ratio5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.4% |
Yearly Dividend1.9
Dividend Growth(5Y)4.85%
DP72.28%
Div Incr Years18
Div Non Decr Years18
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.35%
Min EPS beat(2)2.26%
Max EPS beat(2)2.43%
EPS beat(4)2
Avg EPS beat(4)-1.49%
Min EPS beat(4)-7.86%
Max EPS beat(4)2.43%
EPS beat(8)5
Avg EPS beat(8)-0.31%
EPS beat(12)7
Avg EPS beat(12)-1.11%
EPS beat(16)9
Avg EPS beat(16)-0.73%
Revenue beat(2)1
Avg Revenue beat(2)-1.26%
Min Revenue beat(2)-3.24%
Max Revenue beat(2)0.72%
Revenue beat(4)2
Avg Revenue beat(4)3.79%
Min Revenue beat(4)-5.32%
Max Revenue beat(4)22.99%
Revenue beat(8)5
Avg Revenue beat(8)4.23%
Revenue beat(12)9
Avg Revenue beat(12)7.17%
Revenue beat(16)13
Avg Revenue beat(16)7.9%
PT rev (1m)1.39%
PT rev (3m)4.66%
EPS NQ rev (1m)0.28%
EPS NQ rev (3m)-1.21%
EPS NY rev (1m)0.07%
EPS NY rev (3m)0.05%
Revenue NQ rev (1m)-1.11%
Revenue NQ rev (3m)-0.57%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.49 | ||
| Fwd PE | 14 | ||
| P/S | 1.54 | ||
| P/FCF | N/A | ||
| P/OCF | 4.74 | ||
| P/B | 1.37 | ||
| P/tB | 1.37 | ||
| EV/EBITDA | 9.21 |
EPS(TTM)2.91
EY6.06%
EPS(NY)3.43
Fwd EY7.14%
FCF(TTM)-1.34
FCFYN/A
OCF(TTM)10.13
OCFY21.12%
SpS31.21
BVpS35.11
TBVpS35.11
PEG (NY)4.01
PEG (5Y)2.99
Graham Number47.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.33% | ||
| ROE | 7.67% | ||
| ROCE | 4.57% | ||
| ROIC | 3.95% | ||
| ROICexc | 4.02% | ||
| ROICexgc | 4.02% | ||
| OM | 15.67% | ||
| PM (TTM) | 8.63% | ||
| GM | 47.96% | ||
| FCFM | N/A |
ROA(3y)2.25%
ROA(5y)2.21%
ROE(3y)7.83%
ROE(5y)7.69%
ROIC(3y)3.68%
ROIC(5y)3.51%
ROICexc(3y)3.75%
ROICexc(5y)3.58%
ROICexgc(3y)4.12%
ROICexgc(5y)3.94%
ROCE(3y)4.28%
ROCE(5y)4.08%
ROICexgc growth 3Y0.98%
ROICexgc growth 5Y-0.73%
ROICexc growth 3Y1.2%
ROICexc growth 5Y-0.49%
OM growth 3Y-1.92%
OM growth 5Y-2.79%
PM growth 3Y-3.68%
PM growth 5Y-2.03%
GM growth 3Y-4.39%
GM growth 5Y-3.94%
F-Score6
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.46 | ||
| Cap/Depr | 233.03% | ||
| Cap/Sales | 36.77% | ||
| Interest Coverage | 2.76 | ||
| Cash Conversion | 103.26% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 0.96 |
F-Score6
WACC6.23%
ROIC/WACC0.63
Cap/Depr(3y)245.28%
Cap/Depr(5y)213.19%
Cap/Sales(3y)37.42%
Cap/Sales(5y)35.07%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-17.33%
EPS 3Y4.77%
EPS 5Y5.52%
EPS Q2Q%11.11%
EPS Next Y4.11%
EPS Next 2Y4.49%
EPS Next 3Y4.61%
EPS Next 5Y4.97%
Revenue 1Y (TTM)5.09%
Revenue growth 3Y12.81%
Revenue growth 5Y10.13%
Sales Q2Q%2.48%
Revenue Next Year11.87%
Revenue Next 2Y8.29%
Revenue Next 3Y7%
Revenue Next 5Y6.81%
EBIT growth 1Y2.42%
EBIT growth 3Y10.64%
EBIT growth 5Y7.06%
EBIT Next Year115.6%
EBIT Next 3Y36.88%
EBIT Next 5Y24.04%
FCF growth 1Y79.17%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y164.5%
OCF growth 3Y13.51%
OCF growth 5Y7.34%
PORTLAND GENERAL ELECTRIC CO / POR FAQ
Can you provide the ChartMill fundamental rating for PORTLAND GENERAL ELECTRIC CO?
ChartMill assigns a fundamental rating of 4 / 10 to POR.
What is the valuation status for POR stock?
ChartMill assigns a valuation rating of 3 / 10 to PORTLAND GENERAL ELECTRIC CO (POR). This can be considered as Overvalued.
What is the profitability of POR stock?
PORTLAND GENERAL ELECTRIC CO (POR) has a profitability rating of 3 / 10.
Can you provide the expected EPS growth for POR stock?
The Earnings per Share (EPS) of PORTLAND GENERAL ELECTRIC CO (POR) is expected to grow by 4.11% in the next year.
How sustainable is the dividend of PORTLAND GENERAL ELECTRIC CO (POR) stock?
The dividend rating of PORTLAND GENERAL ELECTRIC CO (POR) is 8 / 10 and the dividend payout ratio is 72.28%.