Constellation Energy Corporation

NasdaqGS:CEG Stock Report

Market Cap: US$71.5b

Constellation Energy Valuation

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

Valuation Score

4/6

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

Below Fair Value: CEG ($225.96) is trading below our estimate of fair value ($378.33)

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


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

CEG key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.3x
Enterprise Value/EBITDA13.1x
PEG Ratio7.8x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CEG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.9x
DUK Duke Energy
19.9x7.7%US$86.4b
SO Southern
20.3x5.5%US$96.1b
AEP American Electric Power Company
18.8x9.1%US$49.5b
PCG PG&E
16.6x10.0%US$45.3b
CEG Constellation Energy
24.7x3.2%US$71.5b

Price-To-Earnings vs Peers: CEG is expensive based on its Price-To-Earnings Ratio (24.7x) compared to the peer average (18.9x).


Price to Earnings Ratio vs Industry

How does CEG's PE Ratio compare vs other companies in the US Electric Utilities Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a9.4%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a9.4%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: CEG is expensive based on its Price-To-Earnings Ratio (24.7x) compared to the US Electric Utilities industry average (20.9x).


Price to Earnings Ratio vs Fair Ratio

What is CEG'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.

CEG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.7x
Fair PE Ratio25x

Price-To-Earnings vs Fair Ratio: CEG is good value based on its Price-To-Earnings Ratio (24.7x) compared to the estimated Fair Price-To-Earnings Ratio (25x).


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 CEG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$225.96
US$275.09
+21.7%
13.7%US$342.00US$205.12n/a17
Nov ’25US$258.10
US$282.44
+9.4%
12.0%US$342.00US$205.12n/a17
Oct ’25US$265.61
US$264.23
-0.5%
11.7%US$313.00US$205.12n/a15
Sep ’25US$196.70
US$225.76
+14.8%
7.2%US$250.00US$189.00n/a14
Aug ’25US$177.57
US$232.66
+31.0%
5.1%US$250.00US$217.00n/a13
Jul ’25US$205.05
US$234.66
+14.4%
4.9%US$250.00US$217.00n/a13
Jun ’25US$217.25
US$233.12
+7.3%
4.7%US$250.00US$217.00n/a12
May ’25US$184.56
US$183.09
-0.8%
21.0%US$227.00US$116.00n/a11
Apr ’25US$185.98
US$171.73
-7.7%
18.3%US$201.00US$116.00n/a11
Mar ’25US$169.99
US$155.00
-8.8%
17.0%US$190.00US$116.00n/a11
Feb ’25US$127.63
US$130.50
+2.2%
8.5%US$151.00US$116.00n/a10
Jan ’25US$116.89
US$129.40
+10.7%
8.0%US$151.00US$116.00n/a10
Dec ’24US$119.88
US$129.60
+8.1%
8.0%US$151.00US$116.00n/a10
Nov ’24US$114.85
US$117.18
+2.0%
5.6%US$127.00US$105.00US$258.1011
Oct ’24US$109.08
US$110.91
+1.7%
7.2%US$125.00US$97.00US$265.6111
Sep ’24US$107.29
US$109.36
+1.9%
7.0%US$125.00US$97.00US$196.7011
Aug ’24US$96.30
US$102.09
+6.0%
8.6%US$120.00US$90.00US$177.5711
Jul ’24US$91.55
US$100.00
+9.2%
8.5%US$120.00US$90.00US$205.0511
Jun ’24US$88.88
US$99.73
+12.2%
7.1%US$115.00US$91.00US$217.2511
May ’24US$77.05
US$97.58
+26.6%
8.7%US$115.00US$81.00US$184.5612
Apr ’24US$78.50
US$99.17
+26.3%
8.1%US$115.00US$88.00US$185.9812
Mar ’24US$74.35
US$97.77
+31.5%
8.9%US$115.00US$83.00US$169.9913
Feb ’24US$85.41
US$99.92
+17.0%
7.0%US$115.00US$91.00US$127.6313
Jan ’24US$86.21
US$101.31
+17.5%
7.9%US$121.00US$88.00US$116.8913
Dec ’23US$94.47
US$97.86
+3.6%
14.6%US$121.00US$54.00US$119.8814
Nov ’23US$95.52
US$95.07
-0.5%
15.8%US$121.00US$54.00US$114.8514

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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