Exelon Valuation

Is 1EXC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 1EXC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€68.87
Fair Value
41.1% undervalued intrinsic discount
16
Number of Analysts

Below Fair Value: 1EXC (€40.54) is trading below our estimate of fair value (€68.87)

Significantly Below Fair Value: 1EXC is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1EXC?

Key metric: As 1EXC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1EXC. This is calculated by dividing 1EXC's market cap by their current earnings.
What is 1EXC's PE Ratio?
PE Ratio18.9x
EarningsUS$2.46b
Market CapUS$46.68b

Price to Earnings Ratio vs Peers

How does 1EXC's PE Ratio compare to its peers?

The above table shows the PE ratio for 1EXC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.2x
TRN Terna
16.3x3.3%€17.1b
ENEL Enel
11.3x1.5%€76.5b
EVISO eVISO
40x29.7%€239.3m
SRG Snam
13.2x3.4%€16.6b
1EXC Exelon
18.9x7.4%€46.7b

Price-To-Earnings vs Peers: 1EXC is good value based on its Price-To-Earnings Ratio (18.9x) compared to the peer average (20.2x).


Price to Earnings Ratio vs Industry

How does 1EXC's PE Ratio compare vs other companies in the European Electric Utilities Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
1EXC 18.9xIndustry Avg. 12.1xNo. of Companies11PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1EXC is expensive based on its Price-To-Earnings Ratio (18.9x) compared to the European Electric Utilities industry average (12.1x).


Price to Earnings Ratio vs Fair Ratio

What is 1EXC'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.

1EXC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.9x
Fair PE Ratio16.3x

Price-To-Earnings vs Fair Ratio: 1EXC is expensive based on its Price-To-Earnings Ratio (18.9x) compared to the estimated Fair Price-To-Earnings Ratio (16.3x).


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 1EXC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€40.54
€40.49
-0.1%
6.6%€45.73€36.06n/a16
Apr ’26€42.65
€41.43
-2.9%
5.6%€44.34€37.88n/a16
Mar ’26€42.22
€42.58
+0.8%
5.4%€46.28€39.53n/a16
Feb ’26€38.58
€41.08
+6.5%
5.7%€45.14€37.46n/a16
Jan ’26€35.77
€40.95
+14.5%
5.9%€45.04€37.38n/a17
Dec ’25€37.44
€40.32
+7.7%
6.1%€44.42€36.86n/a17
Nov ’25€35.77
€39.45
+10.3%
6.3%€43.21€35.86n/a17
Oct ’25€37.07
€37.48
+1.1%
5.3%€41.20€34.03n/a17
Sep ’25€34.32
€36.67
+6.8%
4.4%€40.21€33.95n/a16
Aug ’25€34.90
€36.59
+4.9%
3.5%€39.68€34.14n/a16
Jul ’25€32.02
€36.92
+15.3%
3.0%€39.28€34.60n/a16
Jun ’25€34.21
€36.44
+6.5%
3.2%€38.72€34.11n/a16
May ’25€34.90
€36.03
+3.3%
3.7%€38.41€33.63n/a16
Apr ’25€34.69
€35.85
+3.3%
3.8%€38.28€33.52€42.6516
Mar ’25€32.54
€35.36
+8.7%
4.2%€37.95€33.22€42.2216
Feb ’25€32.05
€35.54
+10.9%
4.3%€37.81€33.20€38.5816
Jan ’25€32.45
€36.54
+12.6%
7.2%€42.72€32.72€35.7717
Dec ’24€35.41
€39.75
+12.3%
5.9%€43.18€35.83€37.4417
Nov ’24€37.38
€41.33
+10.6%
5.2%€44.47€36.90€35.7717
Oct ’24€35.88
€41.68
+16.2%
4.9%€45.01€36.57€37.0717
Sep ’24€37.07
€41.19
+11.1%
4.8%€44.18€35.90€34.3217
Aug ’24€37.96
€40.77
+7.4%
4.8%€42.49€35.26€34.9016
Jul ’24€37.08
€41.29
+11.4%
4.8%€43.15€35.81€32.0216
Jun ’24€36.89
€42.63
+15.6%
4.5%€46.50€38.13€34.2115
May ’24€38.93
€41.62
+6.9%
4.7%€45.28€37.13€34.9014
Apr ’24€38.26
€42.19
+10.3%
3.4%€43.68€38.11€34.6914
AnalystConsensusTarget
Consensus Narrative from 16 Analysts
€40.38
Fair Value
0.4% overvalued intrinsic discount
16
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/25 00:33
End of Day Share Price 2025/04/25 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Exelon Corporation is covered by 39 analysts. 12 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
Nicholas CampanellaBarclays