NYSE:EVRG

Stock Analysis Report

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Executive Summary

Evergy, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri. More Details


Snowflake Analysis

Established dividend payer and fair value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

4.0%

EVRG

1.3%

US Electric Utilities

-0.8%

US Market


1 Year Return

-11.4%

EVRG

1.9%

US Electric Utilities

18.0%

US Market

Return vs Industry: EVRG underperformed the US Electric Utilities industry which returned -0.6% over the past year.

Return vs Market: EVRG underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

EVRGIndustryMarket
7 Day4.0%1.3%-0.8%
30 Day12.1%12.8%6.8%
90 Day-11.7%7.1%8.9%
1 Year-8.4%-11.4%5.4%1.9%20.7%18.0%
3 Year17.9%7.1%13.0%3.5%41.5%32.1%
5 Year66.9%42.7%51.4%29.5%84.6%63.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

25.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EVRG ($56.58) is trading below our estimate of fair value ($76.2)

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


Price To Earnings Ratio

PE vs Industry: EVRG is poor value based on its PE Ratio (20.5x) compared to the US Electric Utilities industry average (19.6x).

PE vs Market: EVRG is poor value based on its PE Ratio (20.5x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: EVRG is poor value based on its PEG Ratio (3.2x)


Price to Book Ratio

PB vs Industry: EVRG is good value based on its PB Ratio (1.5x) compared to the US Electric Utilities industry average (2x).


Next Steps

Future Growth

How is Evergy forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

6.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EVRG's forecast earnings growth (6.4% per year) is above the savings rate (2.2%).

Earnings vs Market: EVRG's earnings (6.4% per year) are forecast to grow slower than the US market (22% per year).

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

Revenue vs Market: EVRG's revenue (2% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: EVRG's revenue (2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EVRG's Return on Equity is forecast to be low in 3 years time (8.4%).


Next Steps

Past Performance

How has Evergy performed over the past 5 years?

19.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EVRG has high quality earnings.

Growing Profit Margin: EVRG's current net profit margins (12.6%) are higher than last year (11.7%).


Past Earnings Growth Analysis

Earnings Trend: EVRG's earnings have grown by 19.3% per year over the past 5 years.

Accelerating Growth: EVRG's earnings growth over the past year (3.4%) is below its 5-year average (19.3% per year).

Earnings vs Industry: EVRG earnings growth over the past year (3.4%) underperformed the Electric Utilities industry 6.3%.


Return on Equity

High ROE: EVRG's Return on Equity (7.6%) is considered low.


Next Steps

Financial Health

How is Evergy's financial position?


Financial Position Analysis

Short Term Liabilities: EVRG's short term assets ($1.8B) do not cover its short term liabilities ($2.1B).

Long Term Liabilities: EVRG's short term assets ($1.8B) do not cover its long term liabilities ($15.6B).


Debt to Equity History and Analysis

Debt Level: EVRG's debt to equity ratio (120.4%) is considered high.

Reducing Debt: EVRG's debt to equity ratio has increased from 99.3% to 120.4% over the past 5 years.

Debt Coverage: EVRG's debt is not well covered by operating cash flow (16%).

Interest Coverage: EVRG's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


Next Steps

Dividend

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

3.57%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EVRG's dividend (3.57%) is higher than the bottom 25% of dividend payers in the US market (1.65%).

High Dividend: EVRG's dividend (3.57%) is low compared to the top 25% of dividend payers in the US market (4.67%).


Stability and Growth of Payments

Stable Dividend: EVRG's dividends per share have been stable in the past 10 years.

Growing Dividend: EVRG's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (72%), EVRG's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EVRG's dividends in 3 years are forecast to be covered by earnings (65.4% payout ratio).


Next Steps

Management

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

2.3yrs

Average management tenure


CEO

Terry Bassham (59 yo)

2.33yrs

Tenure

US$5,793,976

Compensation

Mr. Terry D. Bassham has been President, Chief Executive Officer and Director at Evergy Kansas South, Inc. since June 4, 2018. He has been President and Chief Executive Officer at Evergy Kansas Central, In ...


CEO Compensation Analysis

Compensation vs Market: Terry's total compensation ($USD5.79M) is below average for companies of similar size in the US market ($USD11.20M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Terry Bassham
President2.33yrsUS$5.79m0.090%
$ 11.5m
Anthony Somma
Executive VP & CFO2.33yrsUS$1.99m0.022%
$ 2.8m
Kevin Bryant
Executive VP & COO2.33yrsUS$2.05m0.013%
$ 1.7m
Gregory Greenwood
Executive VP of Strategy & Chief Administrative Officer2.33yrsUS$2.21m0.012%
$ 1.5m
Heather Humphrey
Senior VP2.33yrsUS$1.70m0.021%
$ 2.7m
Charles King
Senior VP & CTO0.67yrno data0.0046%
$ 586.5k
Lori Wright
VP of Corporate Planningno datano datano data
Ellen Fairchild
VP & Chief Compliance Officerno datano datano data
Gina Penzig
Manager of External Communicationsno datano datano data
Charles Caisley
Senior VP of Marketing & Public Affairs and Chief Customer Officer2.33yrsno data0.011%
$ 1.4m
Jerl Banning
Senior VP & Chief People Officer2.33yrsno data0.014%
$ 1.8m
Steven Busser
VP of Risk Management & Controller2.33yrsno data0.0056%
$ 720.0k

2.3yrs

Average Tenure

55yo

Average Age

Experienced Management: EVRG's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Terry Bassham
President2.33yrsUS$5.79m0.090%
$ 11.5m
Mark Ruelle
Chairman of the Boardno dataUS$350.33k0.044%
$ 5.6m
Thomas Hyde
Lead Independent Director9.75yrsUS$283.65k0.0012%
$ 156.6k
S. Soderstrom
Independent Director10.75yrsUS$227.97k0.0073%
$ 938.2k
Mollie Carter
Independent Director17.75yrsUS$243.30k0.00044%
$ 56.5k
Ann Murtlow
Independent Director7.75yrsUS$242.97k0.0015%
$ 187.4k
John Stall
Independent Director1.58yrsUS$203.64k0.0019%
$ 242.6k
Sandra A. Lawrence
Independent Director16.75yrsUS$248.14k0.00021%
$ 27.0k
Richard Hawley
Independent Director9.75yrsUS$227.97k0.0091%
$ 1.2m
B. Isaac
Independent Director17.75yrsUS$252.97k0.017%
$ 2.1m
Sandra Price
Independent Director4.75yrsUS$237.97kno data
Kirkland Andrews
Independent Director0.58yrno data0.00083%
$ 106.5k

9.8yrs

Average Tenure

61.5yo

Average Age

Experienced Board: EVRG's board of directors are considered experienced (9.8 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Evergy, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Evergy, Inc.
  • Ticker: EVRG
  • Exchange: NYSE
  • Founded: 2017
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: US$12.834b
  • Shares outstanding: 226.83m
  • Website: https://www.evergyinc.com

Number of Employees


Location

  • Evergy, Inc.
  • 1200 Main Street
  • Kansas City
  • Missouri
  • 64105
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EVRGNYSE (New York Stock Exchange)YesCommon StockUSUSDMay 1992
E1VR34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 2 REPR 1 COMBRBRLJan 2020

Biography

Evergy, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri. It generates electricity through coal, nuclear, natural gas an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 23:32
End of Day Share Price2020/10/22 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.