PORTLAND GENERAL ELECTRIC CO (POR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:POR - US7365088472 - Common Stock
48.72 USD
+0.56 (+1.16%)
48.72 USD
0 (0%)
Overall POR gets a fundamental rating of 4 out of 10. We evaluated POR against 46 industry peers in the Electric Utilities industry. Both the profitability and financial health of POR have multiple concerns. 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
In the past year POR was profitable.
POR had a positive operating cash flow in the past year.
In the past 5 years POR has always been profitable.
POR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of POR (2.33%) is worse than 76.09% of its industry peers.
POR has a worse Return On Equity (7.67%) than 78.26% of its industry peers.
With a Return On Invested Capital value of 3.95%, POR perfoms like the industry average, outperforming 41.30% of the companies in the same industry.
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 4.58%.
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
POR has a Profit Margin of 8.63%. This is in the lower half of the industry: POR underperforms 76.09% of its industry peers.
In the last couple of years the Profit Margin of POR has declined.
POR has a Operating Margin of 15.67%. This is in the lower half of the industry: POR underperforms 71.74% of its industry peers.
In the last couple of years the Operating Margin of POR has declined.
POR's Gross Margin of 47.96% is in line compared to the rest of the industry. POR outperforms 47.83% of its industry peers.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so POR is destroying value.
The number of shares outstanding for POR has been increased compared to 1 year ago.
The number of shares outstanding for POR has been increased compared to 5 years ago.
Compared to 1 year ago, POR has an improved debt to assets ratio.
2.2 Solvency
POR has an Altman-Z score of 0.97. This is a bad value and indicates that POR is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of POR (0.97) is better than 63.04% 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.
The Debt to Equity ratio of POR (1.25) is better than 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
WACC6.26%
2.3 Liquidity
A Current Ratio of 1.08 indicates that POR should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.08, POR is doing good in the industry, outperforming 78.26% of the companies in the same industry.
A Quick Ratio of 0.95 indicates that POR may have some problems paying its short term obligations.
POR's Quick ratio of 0.95 is fine compared to the rest 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
POR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.33%.
The Earnings Per Share has been growing slightly by 5.52% on average over the past years.
Looking at the last year, POR shows a small growth in Revenue. The Revenue has grown by 5.09% in the last year.
POR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.13% yearly.
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
The Earnings Per Share is expected to grow by 4.97% on average over the next years.
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
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
A Price/Earnings ratio of 16.74 indicates a correct valuation of POR.
POR's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of POR to the average of the S&P500 Index (27.17), we can say POR is valued slightly cheaper.
The Price/Forward Earnings ratio is 14.21, which indicates a correct valuation of POR.
Based on the Price/Forward Earnings ratio, POR is valued a bit cheaper than the industry average as 60.87% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of POR to the average of the S&P500 Index (23.79), we can say POR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.74 | ||
| Fwd PE | 14.21 |
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 71.74% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.23 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)4.07
PEG (5Y)3.03
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.
Compared to an average industry Dividend Yield of 3.05, POR pays a better dividend. On top of this POR pays more dividend than 84.78% of the companies listed 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 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.
The dividend of POR is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP72.28%
EPS Next 2Y4.49%
EPS Next 3Y4.61%
48.72
+0.56 (+1.16%)
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 Cap5.48B
Revenue(TTM)3.51B
Net Income(TTM)303.00M
Analysts70
Price Target49.64 (1.89%)
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 | 16.74 | ||
| Fwd PE | 14.21 | ||
| P/S | 1.56 | ||
| P/FCF | N/A | ||
| P/OCF | 4.81 | ||
| P/B | 1.39 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | 9.23 |
EPS(TTM)2.91
EY5.97%
EPS(NY)3.43
Fwd EY7.04%
FCF(TTM)-1.34
FCFYN/A
OCF(TTM)10.13
OCFY20.8%
SpS31.21
BVpS35.11
TBVpS35.11
PEG (NY)4.07
PEG (5Y)3.03
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
WACC6.26%
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%.