PORTLAND GENERAL ELECTRIC CO (POR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:POR - US7365088472 - Common Stock
48.81 USD
-0.03 (-0.06%)
48.81 USD
0 (0%)
POR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 46 industry peers in the Electric Utilities industry. POR has a bad profitability rating. Also its financial health evaluation is rather negative. 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.
Each year in the past 5 years POR had a positive operating cash flow.
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.
Looking at the Return On Invested Capital, with a value of 3.95%, POR is in line with its industry, outperforming 41.30% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years 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
With a Profit Margin value of 8.63%, POR is not doing good in the industry: 76.09% of the companies in the same industry are doing better.
POR's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 15.67%, POR is doing worse than 71.74% of the companies in the same industry.
POR's Operating Margin has declined in the last couple of years.
POR has a Gross Margin (47.96%) which is in line with 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so POR is destroying value.
Compared to 1 year ago, POR has more shares outstanding
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.
With a decent Altman-Z score value of 0.97, POR is doing good in the industry, outperforming 63.04% of the companies in the same industry.
A Debt/Equity ratio of 1.25 is on the high side and indicates that POR has dependencies on debt financing.
With a decent Debt to Equity ratio value of 1.25, POR is doing good in the industry, outperforming 65.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.97 |
ROIC/WACC0.63
WACC6.27%
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's Current ratio of 1.08 is fine compared to the rest of the industry. POR outperforms 78.26% 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 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
POR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.33%.
POR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.52% yearly.
Looking at the last year, POR shows a small growth in Revenue. The Revenue has grown by 5.09% in the last year.
The Revenue has been growing by 10.13% on average over the past years. This is quite good.
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 4.96% on average per year.
POR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.86% yearly.
EPS Next Y4.11%
EPS Next 2Y4.49%
EPS Next 3Y4.61%
EPS Next 5Y4.96%
Revenue Next Year11.87%
Revenue Next 2Y8.29%
Revenue Next 3Y7%
Revenue Next 5Y6.86%
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
With a Price/Earnings ratio of 16.77, POR is valued correctly.
POR's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of POR to the average of the S&P500 Index (27.25), we can say POR is valued slightly cheaper.
With a Price/Forward Earnings ratio of 14.24, POR is valued correctly.
Based on the Price/Forward Earnings ratio, POR is valued a bit cheaper than 63.04% of the companies in the same industry.
POR is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.77 | ||
| Fwd PE | 14.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, POR is valued a bit cheaper than the industry average as 71.74% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.3 |
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)4.08
PEG (5Y)3.04
EPS Next 2Y4.49%
EPS Next 3Y4.61%
5. Dividend
5.1 Amount
POR has a Yearly Dividend Yield of 4.29%, which is a nice return.
POR's Dividend Yield is a higher than the industry average which is at 3.46.
Compared to an average S&P500 Dividend Yield of 1.92, POR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.29% |
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
72.28% of the earnings are spent on dividend by POR. 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%
48.81
-0.03 (-0.06%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners99.03%
Inst Owner Change-0.16%
Ins Owners0.46%
Ins Owner Change-0.21%
Market Cap5.49B
Revenue(TTM)3.51B
Net Income(TTM)303.00M
Analysts70
Price Target49.64 (1.7%)
Short Float %5.67%
Short Ratio5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.29% |
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)0.52%
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 | 16.77 | ||
| Fwd PE | 14.24 | ||
| P/S | 1.56 | ||
| P/FCF | N/A | ||
| P/OCF | 4.82 | ||
| P/B | 1.39 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | 9.3 |
EPS(TTM)2.91
EY5.96%
EPS(NY)3.43
Fwd EY7.02%
FCF(TTM)-1.34
FCFYN/A
OCF(TTM)10.13
OCFY20.76%
SpS31.21
BVpS35.11
TBVpS35.11
PEG (NY)4.08
PEG (5Y)3.04
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 5Y4.96%
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 5Y6.86%
EBIT growth 1Y2.42%
EBIT growth 3Y10.64%
EBIT growth 5Y7.06%
EBIT Next Year115.6%
EBIT Next 3Y36.88%
EBIT Next 5Y24.55%
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 7 / 10 and the dividend payout ratio is 72.28%.