PORTLAND GENERAL ELECTRIC CO (POR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:POR - US7365088472 - Common Stock
48.84 USD
-0.14 (-0.29%)
48.84 USD
0 (0%)
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 quite expensive at the moment. It does show a decent growth rate. Finally 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.
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 76.09% of its industry peers.
The Return On Equity of POR (7.67%) is worse than 78.26% of its industry peers.
POR has a Return On Invested Capital (3.95%) which is comparable to the rest of the 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's Profit Margin of 8.63% is on the low side compared to the rest of the industry. POR is outperformed by 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.
POR has a Gross Margin (47.96%) which is comparable to the rest of the 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), POR is destroying value.
POR has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, POR has more shares outstanding
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 63.04% of its industry peers.
A Debt/Equity ratio of 1.25 is on the high side and indicates that POR has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.25, POR is in the better half of 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
WACC6.28%
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.
Looking at the Current ratio, with a value of 1.08, POR is in the better half of 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.
The Quick ratio of POR (0.95) is better than 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.
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 4.97% on average per year.
Based on estimates for the next years, POR will show a small growth in Revenue. The Revenue will grow by 6.81% on average per year.
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.
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 16.78, the valuation of POR can be described as correct.
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 (27.19), we can say POR is valued slightly cheaper.
POR is valuated correctly with a Price/Forward Earnings ratio of 14.25.
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.
POR's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.78 | ||
| Fwd PE | 14.25 |
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 | 9.31 |
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 4.38%, 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.
POR's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| 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
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%
48.84
-0.14 (-0.29%)
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 Cap5.49B
Revenue(TTM)3.51B
Net Income(TTM)303.00M
Analysts70
Price Target49.64 (1.64%)
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 | 16.78 | ||
| Fwd PE | 14.25 | ||
| P/S | 1.56 | ||
| P/FCF | N/A | ||
| P/OCF | 4.82 | ||
| P/B | 1.39 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | 9.31 |
EPS(TTM)2.91
EY5.96%
EPS(NY)3.43
Fwd EY7.02%
FCF(TTM)-1.34
FCFYN/A
OCF(TTM)10.13
OCFY20.75%
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
WACC6.28%
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%.