PORTLAND GENERAL ELECTRIC CO (POR)
US7365088472 - Common Stock
POR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 47 industry peers in the Electric Utilities industry. While POR is still in line with the averages on profitability rating, there are concerns on its financial health. POR has a decent growth rate and is not valued too expensively. 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.
Each year in the past 5 years POR has been profitable.
Each year in the past 5 years POR had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.89%, POR perfoms like the industry average, outperforming 57.78% of the companies in the same industry.
Looking at the Return On Equity, with a value of 9.45%, POR is in line with its industry, outperforming 55.56% of the companies in the same industry.
POR has a Return On Invested Capital of 4.16%. This is in the better half of the industry: POR outperforms 62.22% of its industry peers.
POR had an Average Return On Invested Capital over the past 3 years of 3.56%. This is in line with the industry average of 4.67%.
The 3 year average ROIC (3.56%) for POR is below the current ROIC(4.16%), indicating increased profibility in the last year.
| 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
Looking at the Profit Margin, with a value of 10.27%, POR is doing worse than 64.44% of the companies in the same industry.
In the last couple of years the Profit Margin of POR has declined.
POR's Operating Margin of 16.07% is on the low side compared to the rest of the industry. POR is outperformed by 68.89% of its industry peers.
POR's Operating Margin has declined in the last couple of years.
POR's Gross Margin of 46.96% is in line compared to the rest of the industry. POR outperforms 44.44% of its industry peers.
POR's Gross Margin has declined in the last couple of years.
| 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
POR has an Altman-Z score of 0.99. This is a bad value and indicates that POR is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.99, POR is in the better half of the industry, outperforming 62.22% of the companies in the same industry.
A Debt/Equity ratio of 1.28 is on the high side and indicates that POR has dependencies on debt financing.
The Debt to Equity ratio of POR (1.28) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.99 |
ROIC/WACC0.67
WACC6.19%
2.3 Liquidity
A Current Ratio of 0.98 indicates that POR may have some problems paying its short term obligations.
POR has a Current ratio of 0.98. This is comparable to the rest of the industry: POR outperforms 53.33% of its industry peers.
A Quick Ratio of 0.86 indicates that POR may have some problems paying its short term obligations.
POR's Quick ratio of 0.86 is in line compared to the rest of the industry. POR outperforms 51.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 50.43% over the past year.
The Revenue has grown by 15.81% in the past year. This is quite good.
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 9.79% yearly.
Based on estimates for the next years, POR will show a small growth in Revenue. The Revenue will grow by 6.56% on average per year.
EPS Next Y33.82%
EPS Next 2Y17.47%
EPS Next 3Y12.81%
EPS Next 5Y9.79%
Revenue Next Year13.07%
Revenue Next 2Y8.79%
Revenue Next 3Y7%
Revenue Next 5Y6.56%
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 13.51, which indicates a correct valuation of POR.
POR's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 29.29. POR is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 14.55, the valuation of POR can be described as correct.
62.22% of the companies in the same industry are more expensive than POR, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.01, POR is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.51 | ||
| Fwd PE | 14.55 |
4.2 Price Multiples
68.89% of the companies in the same industry are more expensive than POR, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.32 |
4.3 Compensation for Growth
POR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as POR's earnings are expected to grow with 12.81% in the coming years.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y17.47%
EPS Next 3Y12.81%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.20%, POR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.39, POR pays a better dividend. On top of this POR pays more dividend than 84.44% 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 2.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
5.2 History
On average, the dividend of POR grows each year by 6.05%, which is quite nice.
POR has been paying a dividend for at least 10 years, so it has 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 2Y17.47%
EPS Next 3Y12.81%
PORTLAND GENERAL ELECTRIC CO
NYSE:POR (11/22/2024, 8:04:00 PM)
After market: 47.57 0 (0%)47.57
-0.03 (-0.06%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.02B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.51 | ||
| Fwd PE | 14.55 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.4
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.89% | ||
| ROE | 9.45% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 16.07% | ||
| PM (TTM) | 10.27% | ||
| GM | 46.96% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)50.43%
EPS 3Y11.28%
EPS 5Y
EPS Q2Q%
EPS Next Y33.82%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)15.81%
Revenue growth 3Y10.87%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y