DB:PEO

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Second-rate dividend payer with questionable track record.


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


Market Performance


7 Day Return

-0.5%

DB:PEO

5.1%

DE Electric Utilities

-1.6%

DE Market


1 Year Return

3.5%

DB:PEO

7.0%

DE Electric Utilities

-10.5%

DE Market

PEO underperformed the Electric Utilities industry which returned 18.5% over the past year.

PEO outperformed the Market in Germany which returned -10.5% over the past year.


Share holder returns

PEOIndustryMarket
7 Day-0.5%5.1%-1.6%
30 Day-6.7%8.7%-5.4%
90 Day-7.8%1.9%-6.0%
1 Year6.7%3.5%9.3%7.0%-7.7%-10.5%
3 Year47.5%33.1%69.9%60.9%9.4%-0.02%
5 Year98.7%66.4%45.1%30.3%25.5%8.1%

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 based on future cash flows and its price relative to the stock market?

1%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Exelon's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Exelon's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Exelon is overvalued based on earnings compared to the Europe Electric Utilities industry average.

Exelon is overvalued based on earnings compared to the Germany market.


Price Based on Expected Growth

Exelon is poor value based on expected growth next year.


Price Based on Value of Assets

Exelon is overvalued based on assets compared to the Europe Electric Utilities industry average.


Next Steps

  • Explore potentially undervalued companies in the utilities industry.

Future Growth

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

2.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Exelon's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Exelon's earnings are expected to grow by 2% yearly, however this is not considered high growth (20% yearly).

Exelon's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.

Exelon's earnings growth is positive but not above the Germany market average.

Exelon's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Exelon is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Exelon performed over the past 5 years?

10.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Exelon's year on year earnings growth rate has been positive over the past 5 years.

Exelon's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Exelon's 1-year earnings growth is negative, it can't be compared to the Europe Electric Utilities industry average.


Return on Equity

Exelon has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Exelon used its assets less efficiently than the Europe Electric Utilities industry average last year based on Return on Assets.


Return on Capital Employed

Exelon has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Exelon's financial position?


Financial Position Analysis

Exelon's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Exelon's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Exelon's level of debt (109.5%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (88.5% vs 109.5% today).

Debt is well covered by operating cash flow (20.7%, greater than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 2.7x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.3x debt.


Next Steps

Dividend

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

3.37%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Exelon's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.59%).

Exelon's dividend is below the markets top 25% of dividend payers in Germany (4.29%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.7x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.9x coverage).


Next Steps

Management

What is the CEO of Exelon's salary, the management and board of directors tenure and is there insider trading?

5.4yrs

Average management tenure


CEO

Chris Crane (60yo)

7.4yrs

Tenure

US$15,643,078

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

Chris's remuneration is higher than average for companies of similar size in Germany.

Chris's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

5.4yrs

Average Tenure

57yo

Average Age

The average tenure for the Exelon management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

7.4yrs

Average Tenure

66yo

Average Age

The tenure for the Exelon board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Doug Brown

    Chief Investment Officer & Senior VP

    • Tenure: 9.8yrs
  • Bill Von Hoene (65yo)

    Senior EVP & Chief Strategy Officer

    • Tenure: 13.5yrs
    • Compensation: $5.69m
  • Anne Pramaggiore (60yo)

    Senior EVP of Exelon & CEO of Exelon Utilities

    • Tenure: 1.2yrs
    • Compensation: $5.91m
  • Joe Nigro (54yo)

    Senior EVP & CFO

    • Tenure: 1.3yrs
    • Compensation: $6.53m
  • Fabian Souza (48yo)

    Senior VP

  • M. Reidy

    Executive Vice President of Corporate Operations

  • Daniel Eggers

    Senior Vice President of Corporate Finance

    • Tenure: 1.6yrs
  • Mike Koehler

    Senior VP

    • Tenure: 3.3yrs
  • Chris Crane (60yo)

    President

    • Tenure: 7.4yrs
    • Compensation: $15.64m
  • Ken Cornew (54yo)

    Senior EVP

    • Tenure: 11.6yrs
    • Compensation: $5.31m

Board Members

  • Mayo Shattuck (65yo)

    Non-Executive Chairman

    • Tenure: 7.4yrs
    • Compensation: $593.35k
  • Nick DeBenedictis (74yo)

    Independent Director

    • Tenure: 17.3yrs
    • Compensation: $305.00k
  • Paul Joskow (71yo)

    Independent Director

    • Tenure: 12.1yrs
    • Compensation: $270.00k
  • Robert Lawless (72yo)

    Director

    • Tenure: 7.4yrs
    • Compensation: $290.00k
  • Tony Anderson (63yo)

    Independent Director

    • Tenure: 6.6yrs
    • Compensation: $318.42k
  • Yves de Balmann (73yo)

    Independent Director

    • Tenure: 7.4yrs
    • Compensation: $307.79k
  • John Young (63yo)

    Director

    • Tenure: 1.1yrs
    • Compensation: $154.56k
  • Ann Berzin (67yo)

    Independent Director

    • Tenure: 7.4yrs
    • Compensation: $299.56k
  • Chris Crane (60yo)

    President

    • Tenure: 7.6yrs
    • Compensation: $15.64m
  • Steve Steinour (60yo)

    Independent Director

    • Tenure: 12.3yrs
    • Compensation: $295.44k

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$43.848b
  • Listing Market Cap: US$39.515b
  • Shares outstanding: 971.58m
  • Website: Click here

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EXCNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1994
PEODB (Deutsche Boerse AG)YesCommon StockDEEURJan 1994
EXC *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJan 1994
0IJNLSE (London Stock Exchange)YesCommon StockGBUSDJan 1994

Biography

Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, and solar generat ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 20:35
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.