Public Service Enterprise Group Incorporated

WBAG:PEG Stock Report

Market Cap: €40.6b

Public Service Enterprise Group Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 PEG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PEG (€81.5) is trading above our estimate of fair value (€63.75)

Significantly Below Fair Value: PEG is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PEG. This is calculated by dividing PEG's market cap by their current earnings.
What is PEG's PE Ratio?
PE Ratio20.9x
EarningsUS$2.03b
Market CapUS$42.38b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PEG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18x
VER VERBUND
14.4x-11.2%€24.2b
BHD Burgenland Holding
18.4xn/a€210.0m
D Dominion Energy
19.8x11.0%US$45.1b
DEWA Dubai Electricity and Water Authority (PJSC)
19.4x8.1%د.إ137.0b
PEG Public Service Enterprise Group
20.9x4.7%€42.4b

Price-To-Earnings vs Peers: PEG is expensive based on its Price-To-Earnings Ratio (20.9x) compared to the peer average (18x).

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
PEG 20.9xIndustry Avg. 16.5xNo. of Companies9PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PEG is expensive based on its Price-To-Earnings Ratio (20.9x) compared to the Global Integrated Utilities industry average (16.5x).

Price to Earnings Ratio vs Fair Ratio

What is PEG'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.

PEG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.9x
Fair PE Ratio12.8x

Price-To-Earnings vs Fair Ratio: PEG is expensive based on its Price-To-Earnings Ratio (20.9x) compared to the estimated Fair Price-To-Earnings Ratio (12.8x).

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 PEG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€81.50
€85.30
+4.7%
10.4%€100.63€65.17n/a18
Dec ’25€89.50
€84.00
-6.1%
12.1%€100.22€64.91n/a18
Nov ’25€82.00
€82.01
+0.01%
12.9%€93.92€62.61n/a18
Oct ’25€82.00
€76.80
-6.3%
11.7%€92.15€61.43n/a18
Sep ’25€72.50
€73.81
+1.8%
8.0%€83.07€61.40n/a17
Aug ’25€74.00
€72.79
-1.6%
8.7%€82.48€57.46n/a17
Jul ’25€69.50
€69.06
-0.6%
9.0%€79.49€57.51n/a17
Jun ’25€69.00
€66.32
-3.9%
7.8%€73.66€56.62n/a16
May ’25€64.50
€64.45
-0.07%
6.0%€72.02€57.52n/a17
Apr ’25€62.00
€61.62
-0.6%
5.1%€67.40€56.32n/a17
Mar ’25€57.50
€60.15
+4.6%
4.0%€64.51€56.22n/a17
Feb ’25€53.50
€60.06
+12.3%
3.5%€64.32€56.05n/a18
Jan ’25€55.50
€59.72
+7.6%
3.4%€63.62€56.35n/a17
Dec ’24€58.00
€60.20
+3.8%
3.5%€64.37€57.01€89.5017
Nov ’24€59.00
€61.45
+4.2%
3.6%€65.29€57.72€82.0016
Oct ’24€54.00
€62.19
+15.2%
4.6%€67.63€56.83€82.0017
Sep ’24€56.50
€60.97
+7.9%
4.7%€66.13€55.57€72.5017
Aug ’24€59.00
€60.69
+2.9%
4.8%€65.56€54.63€74.0016
Jul ’24€57.00
€61.20
+7.4%
4.9%€65.19€55.09€69.5016
Jun ’24€56.00
€62.30
+11.3%
5.0%€65.93€55.72€69.0016
May ’24€57.00
€60.16
+5.5%
5.7%€64.29€54.33€64.5017
Apr ’24€57.50
€60.70
+5.6%
4.9%€65.06€55.76€62.0016
Mar ’24€55.50
€62.36
+12.4%
4.2%€66.02€57.54€57.5017
Feb ’24€57.00
€61.02
+7.1%
4.8%€65.98€55.90€53.5017
Jan ’24€58.00
€62.50
+7.8%
6.2%€71.71€56.62€55.5017
Dec ’23€58.00
€64.11
+10.5%
7.3%€73.76€57.26€58.0017

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 Analysis2024/12/23 04:24
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

Public Service Enterprise Group Incorporated is covered by 40 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary HovisArgus Research Company
Nathan JudgeAtlantic Equities LLP
Nicholas CampanellaBarclays