Dominion Energy Valuation

Is DOEN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DOEN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DOEN (€51.38) is trading below our estimate of fair value (€186)

Significantly Below Fair Value: DOEN is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for DOEN?

Key metric: As DOEN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DOEN. This is calculated by dividing DOEN's market cap by their current earnings.
What is DOEN's PE Ratio?
PE Ratio19.8x
EarningsUS$2.28b
Market CapUS$45.07b

Price to Earnings Ratio vs Peers

How does DOEN's PE Ratio compare to its peers?

The above table shows the PE ratio for DOEN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.2x
VER VERBUND
14.4x-11.2%€24.2b
BHD Burgenland Holding
18.4xn/a€210.0m
PEG Public Service Enterprise Group
20.9x4.7%US$42.4b
SRE Sempra
19x8.3%US$55.0b
DOEN Dominion Energy
19.8x11.0%€45.1b

Price-To-Earnings vs Peers: DOEN is expensive based on its Price-To-Earnings Ratio (19.8x) compared to the peer average (18.2x).


Price to Earnings Ratio vs Industry

How does DOEN's PE Ratio compare vs other companies in the Global Integrated Utilities Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
DOEN 19.8xIndustry Avg. 16.5xNo. of Companies10PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DOEN is expensive based on its Price-To-Earnings Ratio (19.8x) compared to the Global Integrated Utilities industry average (16.5x).


Price to Earnings Ratio vs Fair Ratio

What is DOEN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DOEN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.8x
Fair PE Ratio14x

Price-To-Earnings vs Fair Ratio: DOEN is expensive based on its Price-To-Earnings Ratio (19.8x) compared to the estimated Fair Price-To-Earnings Ratio (14x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DOEN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€51.38
€56.42
+9.8%
6.8%€62.30€47.92n/a17
Dec ’25€55.68
€56.34
+1.2%
7.2%€61.93€46.80n/a16
Nov ’25€55.11
€54.45
-1.2%
7.3%€59.98€45.33n/a15
Oct ’25€53.00
€49.98
-5.7%
5.9%€52.84€42.99n/a15
Sep ’25€50.23
€49.90
-0.7%
5.2%€52.90€43.04n/a14
Aug ’25€50.65
€49.52
-2.2%
5.1%€53.75€44.48n/a14
Jul ’25€45.22
€48.62
+7.5%
5.1%€52.39€44.81n/a14
Jun ’25€48.91
€47.94
-2.0%
5.3%€51.73€44.25n/a13
May ’25€47.66
€46.28
-2.9%
5.8%€49.65€40.28n/a14
Apr ’25€45.57
€44.69
-1.9%
7.3%€48.51€36.61n/a14
Mar ’25€44.02
€44.95
+2.1%
8.0%€52.60€36.91n/a14
Feb ’25€42.24
€45.11
+6.8%
7.8%€52.63€36.93n/a14
Jan ’25€42.38
€44.35
+4.7%
7.5%€52.12€37.49n/a14
Dec ’24€42.38
€44.69
+5.5%
8.5%€52.37€37.67€55.6814
Nov ’24€38.13
€45.89
+20.4%
8.9%€53.45€41.26€55.1114
Oct ’24€42.23
€48.84
+15.7%
7.7%€53.54€41.33€53.0014
Sep ’24€44.57
€51.17
+14.8%
11.5%€65.36€40.50€50.2316
Aug ’24€47.98
€51.95
+8.3%
10.1%€64.18€43.39€50.6514
Jul ’24€47.13
€54.33
+15.3%
9.1%€65.06€47.65€45.2214
Jun ’24€45.65
€57.21
+25.3%
8.7%€66.29€48.55€48.9111
May ’24€51.27
€56.44
+10.1%
7.0%€64.29€48.90€47.6612
Apr ’24€51.22
€57.08
+11.4%
9.0%€66.92€48.33€45.5712
Mar ’24€51.20
€58.88
+15.0%
8.2%€67.87€49.02€44.0213
Feb ’24€57.99
€62.55
+7.9%
8.4%€71.75€52.43€42.2413
Jan ’24€57.69
€67.57
+17.1%
11.2%€82.02€53.74€42.3812
Dec ’23€57.69
€71.37
+23.7%
8.4%€83.99€56.96€42.3813

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 08:15
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Dominion Energy, Inc. is covered by 37 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
Nathan JudgeAtlantic Equities LLP
Daniel FordBarclays