DB:PEO

Stock Analysis Report

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Executive Summary

Exelon Corporation, a utility services holding company, engages in the generation and marketing of energy in the United States and Canada.


Snowflake Analysis

Solid track record average dividend payer.


Similar Companies

Share Price & News

How has Exelon's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PEO has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.6%

PEO

2.4%

DE Electric Utilities

3.1%

DE Market


1 Year Return

-20.4%

PEO

16.3%

DE Electric Utilities

14.0%

DE Market

Return vs Industry: PEO underperformed the German Electric Utilities industry which returned 16.3% over the past year.

Return vs Market: PEO underperformed the German Market which returned 14% over the past year.


Shareholder returns

PEOIndustryMarket
7 Day0.6%2.4%3.1%
30 Day-4.2%1.8%2.3%
90 Day-3.6%22.5%18.4%
1 Year-17.5%-20.4%20.5%16.3%16.5%14.0%
3 Year10.7%0.06%59.1%41.0%7.4%-1.2%
5 Year28.6%7.7%64.3%28.3%23.8%7.2%

Price Volatility Vs. Market

How volatile is Exelon's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Exelon undervalued compared to its fair value and its price relative to the market?

33.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PEO (€32) is trading below our estimate of fair value (€48.01)

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


Price To Earnings Ratio

PE vs Industry: PEO is poor value based on its PE Ratio (14x) compared to the XE Electric Utilities industry average (12.2x).

PE vs Market: PEO is good value based on its PE Ratio (14x) compared to the German market (21.9x).


Price to Earnings Growth Ratio

PEG Ratio: PEO is poor value based on its PEG Ratio (3.9x)


Price to Book Ratio

PB vs Industry: PEO is overvalued based on its PB Ratio (1.1x) compared to the XE Electric Utilities industry average (0.8x).


Next Steps

Future Growth

How is Exelon forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

3.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PEO's forecast earnings growth (3.6% per year) is above the savings rate (0.2%).

Earnings vs Market: PEO's earnings (3.6% per year) are forecast to grow slower than the German market (25.2% per year).

High Growth Earnings: PEO's earnings are forecast to grow, but not significantly.

Revenue vs Market: PEO's revenue (1.5% per year) is forecast to grow slower than the German market (5.8% per year).

High Growth Revenue: PEO's revenue (1.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PEO's Return on Equity is forecast to be low in 3 years time (8.2%).


Next Steps

Past Performance

How has Exelon performed over the past 5 years?

9.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PEO has high quality earnings.

Growing Profit Margin: PEO's current net profit margins (7.9%) are higher than last year (6.4%).


Past Earnings Growth Analysis

Earnings Trend: PEO's earnings have grown by 9.5% per year over the past 5 years.

Accelerating Growth: PEO's earnings growth over the past year (16.6%) exceeds its 5-year average (9.5% per year).

Earnings vs Industry: PEO earnings growth over the past year (16.6%) exceeded the Electric Utilities industry 5.1%.


Return on Equity

High ROE: PEO's Return on Equity (7.2%) is considered low.


Next Steps

Financial Health

How is Exelon's financial position?


Financial Position Analysis

Short Term Liabilities: PEO's short term assets ($12.5B) exceed its short term liabilities ($11.1B).

Long Term Liabilities: PEO's short term assets ($12.5B) do not cover its long term liabilities ($80.4B).


Debt to Equity History and Analysis

Debt Level: PEO's debt to equity ratio (110.7%) is considered high.

Reducing Debt: PEO's debt to equity ratio has increased from 106.1% to 110.7% over the past 5 years.

Debt Coverage: PEO's debt is not well covered by operating cash flow (16.7%).

Interest Coverage: PEO's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Exelon current dividend yield, its reliability and sustainability?

4.03%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PEO's dividend (4.03%) is higher than the bottom 25% of dividend payers in the German market (1.23%).

High Dividend: PEO's dividend (4.03%) is in the top 25% of dividend payers in the German market (3.78%)


Stability and Growth of Payments

Stable Dividend: PEO's dividend payments have been volatile in the past 10 years.

Growing Dividend: PEO's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (55%), PEO's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PEO's dividends in 3 years are forecast to be covered by earnings (56.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Chris Crane (61 yo)

8.42yrs

Tenure

US$15,444,692

Compensation

Mr. Christopher Mark Crane, also known as Chris, has been a Vice Chairman of the Board of Edison Electric Institute since June 2018. He has been the Chief Executive Officer and President of Exelon Corporat ...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD15.44M) is above average for companies of similar size in the German market ($USD5.08M).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Christopher Crane
President8.42yrsUS$15.44m0.068%
$ 21.7m
Joseph Nigro
Senior EVP & CFO2.25yrsUS$4.35m0.014%
$ 4.4m
William Von Hoene
Senior EVP & Chief Strategy Officer14.5yrsUS$5.68m0.024%
$ 7.8m
Kenneth Cornew
Senior EVP12.58yrsUS$5.73m0.014%
$ 4.3m
Calvin Butler
Senior Executive VP & CEO of Exelon Utilitiesno dataUS$9.88m0.013%
$ 4.0m
Douglas Brown
Chief Investment Officer & Senior VP10.75yrsno datano data
Fabian Souza
Senior VPno datano data0.0015%
$ 478.4k
Daniel Eggers
Senior Vice President of Corporate Finance2.58yrsno datano data
Mike Koehler
Senior VP4.33yrsno datano data
Thomas O'Neill
Senior VP3.58yrsno datano data
David Glockner
Executive Vice President of Compliance & Audit0.42yrno datano data
Judy Rader
Senior VP of Corporate Affairs0.58yrno datano data

4.0yrs

Average Tenure

56yo

Average Age

Experienced Management: PEO's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Christopher Crane
President8.42yrsUS$15.44m0.068%
$ 21.7m
Robert Lawless
Independent Director8.42yrsUS$311.33k0.00034%
$ 108.4k
Mary Brlas
Independent Director1.83yrsUS$280.58kno data
Nicholas De Benedictis
Independent Director18.33yrsUS$315.78k0.0010%
$ 328.5k
Paul Joskow
Independent Director13.08yrsUS$280.60k0.00021%
$ 67.0k
Mayo Shattuck
Independent Non-Executive Chairman8.42yrsUS$605.93k0.029%
$ 9.2m
Yves de Balmann
Independent Director8.42yrsUS$326.02k0.00020%
$ 63.8k
Ann Berzin
Independent Director8.42yrsUS$321.12kno data
John Young
Independent Director2.08yrsUS$315.10kno data
Linda Jojo
Independent Director4.92yrsUS$295.33kno data
Anthony Anderson
Independent Director7.58yrsUS$335.86kno data
John Richardson
Independent Director0.92yrUS$99.08kno data

8.4yrs

Average Tenure

65yo

Average Age

Experienced Board: PEO's board of directors are considered experienced (8.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Exelon Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Exelon Corporation
  • Ticker: PEO
  • Exchange: DB
  • Founded: 1999
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: US$37.723b
  • Listing Market Cap: US$31.891b
  • Shares outstanding: 974.50m
  • Website: https://www.exeloncorp.com

Number of Employees


Location

  • Exelon Corporation
  • 10 South Dearborn Street
  • 48th Floor
  • Chicago
  • Illinois
  • 60680
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EXCNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJan 1994
PEODB (Deutsche Boerse AG)YesCommon StockDEEURJan 1994
EXC *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJan 1994
PEOXTRA (XETRA Trading Platform)YesCommon StockDEEURJan 1994
0IJNLSE (London Stock Exchange)YesCommon StockGBUSDJan 1994
PEOETLX (Eurotlx)YesCommon StockITEURJan 1994
EXECWBAG (Wiener Boerse AG)YesCommon StockATEURJan 1994
E1XC34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH REPR 1 COM NPVBRBRLDec 2019

Biography

Exelon Corporation, a utility services holding company, engages in the generation and marketing of energy in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, biomass, and solar g ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 09:44
End of Day Share Price2020/08/13 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.