Market Cap
US$12.8b
Last Updated
2020/10/22 23:32 UTC
Data Sources
Company Financials +
Executive Summary
Evergy, Inc., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri. More Details
Rewards
Risk Analysis
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
| EVRG | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.0% | 1.3% | -0.8% |
| 30 Day | 12.1% | 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 Year | 17.9%7.1% | 13.0%3.5% | 41.5%32.1% |
| 5 Year | 66.9%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
1 week ago | Simply Wall St
Is Evergy, Inc.'s (NYSE:EVRG) 7.6% ROE Better Than Average?3 weeks ago | Simply Wall St
We Think Evergy (NYSE:EVRG) Is Taking Some Risk With Its Debt1 month ago | Simply Wall St
Is Evergy, Inc. (NYSE:EVRG) The Right Choice For A Smart Dividend Investor?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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.33yrs | US$5.79m | 0.090% $ 11.5m | |
| Executive VP & CFO | 2.33yrs | US$1.99m | 0.022% $ 2.8m | |
| Executive VP & COO | 2.33yrs | US$2.05m | 0.013% $ 1.7m | |
| Executive VP of Strategy & Chief Administrative Officer | 2.33yrs | US$2.21m | 0.012% $ 1.5m | |
| Senior VP | 2.33yrs | US$1.70m | 0.021% $ 2.7m | |
| Senior VP & CTO | 0.67yr | no data | 0.0046% $ 586.5k | |
| VP of Corporate Planning | no data | no data | no data | |
| VP & Chief Compliance Officer | no data | no data | no data | |
| Manager of External Communications | no data | no data | no data | |
| Senior VP of Marketing & Public Affairs and Chief Customer Officer | 2.33yrs | no data | 0.011% $ 1.4m | |
| Senior VP & Chief People Officer | 2.33yrs | no data | 0.014% $ 1.8m | |
| VP of Risk Management & Controller | 2.33yrs | no data | 0.0056% $ 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.33yrs | US$5.79m | 0.090% $ 11.5m | |
| Chairman of the Board | no data | US$350.33k | 0.044% $ 5.6m | |
| Lead Independent Director | 9.75yrs | US$283.65k | 0.0012% $ 156.6k | |
| Independent Director | 10.75yrs | US$227.97k | 0.0073% $ 938.2k | |
| Independent Director | 17.75yrs | US$243.30k | 0.00044% $ 56.5k | |
| Independent Director | 7.75yrs | US$242.97k | 0.0015% $ 187.4k | |
| Independent Director | 1.58yrs | US$203.64k | 0.0019% $ 242.6k | |
| Independent Director | 16.75yrs | US$248.14k | 0.00021% $ 27.0k | |
| Independent Director | 9.75yrs | US$227.97k | 0.0091% $ 1.2m | |
| Independent Director | 17.75yrs | US$252.97k | 0.017% $ 2.1m | |
| Independent Director | 4.75yrs | US$237.97k | no data | |
| Independent Director | 0.58yr | no data | 0.00083% $ 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EVRG | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | May 1992 |
| E1VR34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 2 REPR 1 COM | BR | BRL | Jan 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/22 23:32 |
| End of Day Share Price | 2020/10/22 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.