Black Hills Valuation
Is BKH * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
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 BKH * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BKH * (MX$1089) is trading below our estimate of fair value (MX$9338.95)
Significantly Below Fair Value: BKH * is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BKH *?
Key metric: As BKH * is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is BKH *'s PE Ratio? | |
|---|---|
| PE Ratio | 15.1x |
| Earnings | US$275.70m |
| Market Cap | US$4.18b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 4x |
| Enterprise Value/EBITDA | 11.2x |
| PEG Ratio | 1.8x |
Price to Earnings Ratio vs Peers
How does BKH *'s PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 11.1x | ||
ACE ACEA | 10.2x | -1.0% | €3.8b |
ACO.X ATCO | 14.3x | n/a | CA$5.6b |
AGL AGL Energy | 10.3x | -2.3% | AU$7.3b |
AQN Algonquin Power & Utilities | 9.6x | 45.1% | CA$5.1b |
BKH * Black Hills | 15.1x | 8.2% | Mex$4.2b |
Price-To-Earnings vs Peers: BKH * is good value based on its Price-To-Earnings Ratio (15.1x) compared to the peer average (17.8x).
Price to Earnings Ratio vs Industry
How does BKH *'s PE Ratio compare vs other companies in the Global Integrated Utilities Industry?
| 1 Company | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 1 Company | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: BKH * is good value based on its Price-To-Earnings Ratio (15.1x) compared to the Global Integrated Utilities industry average (18x).
Price to Earnings Ratio vs Fair Ratio
What is BKH *'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 15.1x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BKH *'s Price-To-Earnings Fair Ratio for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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