PORTLAND GENERAL ELECTRIC CO (POR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:POR - US7365088472 - Common Stock
48.46 USD
+0.47 (+0.98%)
48.7 USD
+0.24 (+0.5%)
Taking everything into account, POR scores 4 out of 10 in our fundamental rating. POR was compared to 46 industry peers in the Electric Utilities industry. POR may be in some trouble as it scores bad on both profitability and health. POR is valied quite expensively at the moment, while it does show a decent growth rate. POR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
POR had positive earnings in the past year.
POR had a positive operating cash flow in the past year.
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
POR has a worse Return On Assets (2.33%) than 76.09% of its industry peers.
Looking at the Return On Equity, with a value of 7.67%, POR is doing worse than 78.26% of the companies in the same industry.
POR's Return On Invested Capital of 3.95% is in line compared to the rest of the industry. POR outperforms 41.30% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for POR is in line with the industry average of 4.58%.
The 3 year average ROIC (3.68%) for POR is below the current ROIC(3.95%), indicating increased profibility in the last year.
| 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
POR has a worse Profit Margin (8.63%) than 76.09% of its industry peers.
In the last couple of years the Profit Margin of POR has declined.
POR's Operating Margin of 15.67% is on the low side compared to the rest of the industry. POR is outperformed by 71.74% of its industry peers.
In the last couple of years the Operating Margin of POR has declined.
With a Gross Margin value of 47.96%, POR perfoms like the industry average, outperforming 47.83% of the companies in the same industry.
POR's Gross Margin has declined in the last couple of years.
| 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
POR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for POR has been increased compared to 1 year ago.
POR has more shares outstanding than it did 5 years ago.
The debt/assets ratio for POR has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.97, we must say that POR is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of POR (0.97) is better than 65.22% 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.
POR's Debt to Equity ratio of 1.25 is fine compared to the rest of the industry. POR outperforms 65.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.97 |
ROIC/WACC0.63
WACC6.27%
2.3 Liquidity
A Current Ratio of 1.08 indicates that POR should not have too much problems paying its short term obligations.
POR has a better Current ratio (1.08) than 78.26% of its industry peers.
A Quick Ratio of 0.95 indicates that POR may have some problems paying its short term obligations.
POR has a Quick ratio of 0.95. This is in the better half of the industry: POR outperforms 73.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
The earnings per share for POR have decreased strongly by -17.33% in the last year.
The Earnings Per Share has been growing slightly by 5.52% on average over the past years.
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
POR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.97% yearly.
POR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.81% yearly.
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
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.65, the valuation of POR can be described as correct.
POR's Price/Earnings ratio is in line with the industry average.
POR is valuated rather cheaply when we compare the Price/Earnings ratio to 26.60, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 14.13, the valuation of POR can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of POR indicates a somewhat cheap valuation: POR is cheaper than 60.87% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of POR to the average of the S&P500 Index (23.23), we can say POR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.65 | ||
| Fwd PE | 14.13 |
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 69.57% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.26 |
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)4.05
PEG (5Y)3.02
EPS Next 2Y4.49%
EPS Next 3Y4.61%
5. Dividend
5.1 Amount
POR has a Yearly Dividend Yield of 4.38%, which is a nice return.
POR's Dividend Yield is rather good when compared to the industry average which is at 3.05. POR pays more dividend than 84.78% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.94, POR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.38% |
5.2 History
The dividend of POR has a limited annual growth rate of 4.85%.
POR has been paying a dividend for at least 10 years, so it has 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%
48.46
+0.47 (+0.98%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners99.03%
Inst Owner Change0%
Ins Owners0.46%
Ins Owner Change-0.21%
Market Cap5.45B
Revenue(TTM)3.51B
Net Income(TTM)303.00M
Analysts70
Price Target49.64 (2.43%)
Short Float %5.67%
Short Ratio5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.38% |
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)5.04%
EPS NQ rev (1m)0.28%
EPS NQ rev (3m)-1.21%
EPS NY rev (1m)-0.04%
EPS NY rev (3m)0.05%
Revenue NQ rev (1m)-1.11%
Revenue NQ rev (3m)-0.57%
Revenue NY rev (1m)-0.19%
Revenue NY rev (3m)0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.65 | ||
| Fwd PE | 14.13 | ||
| P/S | 1.55 | ||
| P/FCF | N/A | ||
| P/OCF | 4.78 | ||
| P/B | 1.38 | ||
| P/tB | 1.38 | ||
| EV/EBITDA | 9.26 |
EPS(TTM)2.91
EY6%
EPS(NY)3.43
Fwd EY7.07%
FCF(TTM)-1.34
FCFYN/A
OCF(TTM)10.13
OCFY20.91%
SpS31.21
BVpS35.11
TBVpS35.11
PEG (NY)4.05
PEG (5Y)3.02
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 | 0.97 |
F-Score6
WACC6.27%
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%.