| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 1/6 |
| Dividends | 6/6 |
EVRG Stock Overview
Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri, the United States.
Evergy Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$64.12 |
| 52 Week High | US$69.45 |
| 52 Week Low | US$51.92 |
| Beta | 0.45 |
| 1 Month Change | -3.77% |
| 3 Month Change | -0.80% |
| 1 Year Change | 19.18% |
| 3 Year Change | 12.93% |
| 5 Year Change | 17.07% |
| Change since IPO | 145.44% |
Recent News & Updates
Evergy: A Growing Renewable Dynamo
Evergy is a renewable-focused utility operating in Missouri and Kansas. The company's recent results were quite solid, showing a 14% EPS growth rate over the prior-year quarter. The company is quite aggressive about expanding into the renewables segment and wants to achieve net-zero carbon emissions by 2045. The company is conservatively financed relative to its peers and boasts an impressively strong balance sheet. The company looks potentially undervalued relative to its peer group so it could be worth a look.
Investors Met With Slowing Returns on Capital At Evergy (NYSE:EVRG)
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Evergy: An Interesting Renewable Utility With An Attractive Valuation
Evergy serves about 1.6 million customers in Kansas and Missouri. These two areas are experiencing population growth, which supports the company's forward growth plans. The company has a great deal of focus on developing its green credentials, which is a strong growth area for the industry. The company's financials appear quite resilient, which should provide comfort to more conservative investors. The company trades at a very reasonable valuation compared to its peers.
Is There An Opportunity With Evergy, Inc.'s (NYSE:EVRG) 48% Undervaluation?
How far off is Evergy, Inc. ( NYSE:EVRG ) from its intrinsic value? Using the most recent financial data, we'll take a...
Shareholder Returns
| EVRG | US Electric Utilities | US Market | |
|---|---|---|---|
| 7D | -2.6% | -1.2% | -6.1% |
| 1Y | 19.2% | 8.6% | 4.2% |
Return vs Industry: EVRG exceeded the US Electric Utilities industry which returned 9.2% over the past year.
Return vs Market: EVRG exceeded the US Market which returned 6.6% over the past year.
Price Volatility
| EVRG volatility | |
|---|---|
| EVRG Average Weekly Movement | 2.3% |
| Electric Utilities Industry Average Movement | 2.6% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.6% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: EVRG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: EVRG's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 5,133 | David Campbell | https://www.evergyinc.com |
Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri, the United States. It generates electricity through coal, hydroelectric, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources. The company has approximately 10,100 circuit miles of transmission lines; 39,800 circuit miles of overhead distribution lines; and 13,000 circuit miles of underground distribution lines.
Evergy Fundamentals Summary
| EVRG fundamental statistics | |
|---|---|
| Market Cap | US$14.70b |
| Earnings (TTM) | US$877.30m |
| Revenue (TTM) | US$5.56b |
16.8x
P/E Ratio2.6x
P/S RatioIs EVRG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EVRG income statement (TTM) | |
|---|---|
| Revenue | US$5.56b |
| Cost of Revenue | US$2.90b |
| Gross Profit | US$2.66b |
| Expenses | US$1.78b |
| Earnings | US$877.30m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.83 |
| Gross Margin | 47.88% |
| Net Profit Margin | 15.78% |
| Debt/Equity Ratio | 115.8% |
How did EVRG perform over the long term?
See historical performance and comparisonDividends
3.6%
Current Dividend Yield56%
Payout RatioValuation
Is Evergy undervalued compared to its fair value and its price relative to the market?
9.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EVRG ($64.12) is trading below our estimate of fair value ($70.96)
Significantly Below Fair Value: EVRG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: EVRG is good value based on its PE Ratio (16.8x) compared to the US Electric Utilities industry average (22.7x).
PE vs Market: EVRG's PE Ratio (16.8x) is in line with the US market.
Price to Earnings Growth Ratio
PEG Ratio: EVRG is poor value based on its PEG Ratio (5x)
Price to Book Ratio
PB vs Industry: EVRG is good value based on its PB Ratio (1.6x) compared to the US Electric Utilities industry average (2x).
Future Growth
How is Evergy forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
3.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EVRG's forecast earnings growth (3.3% per year) is above the savings rate (2%).
Earnings vs Market: EVRG's earnings (3.3% per year) are forecast to grow slower than the US market (13.1% per year).
High Growth Earnings: EVRG's earnings are forecast to grow, but not significantly.
Revenue vs Market: EVRG's revenue (1.8% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: EVRG's revenue (1.8% 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 (9.2%).
Past Performance
How has Evergy performed over the past 5 years?
19.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EVRG has high quality earnings.
Growing Profit Margin: EVRG's current net profit margins (15.8%) are higher than last year (12.7%).
Past Earnings Growth Analysis
Earnings Trend: EVRG's earnings have grown by 19.8% per year over the past 5 years.
Accelerating Growth: EVRG's earnings growth over the past year (39%) exceeds its 5-year average (19.8% per year).
Earnings vs Industry: EVRG earnings growth over the past year (39%) exceeded the Electric Utilities industry 3.7%.
Return on Equity
High ROE: EVRG's Return on Equity (9.6%) is considered low.
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 ($2.7B).
Long Term Liabilities: EVRG's short term assets ($1.8B) do not cover its long term liabilities ($16.2B).
Debt to Equity History and Analysis
Debt Level: EVRG's net debt to equity ratio (115.5%) is considered high.
Reducing Debt: EVRG's debt to equity ratio has increased from 100.3% to 115.8% over the past 5 years.
Debt Coverage: EVRG's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: EVRG's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
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 (1.36%).
High Dividend: EVRG's dividend (3.57%) is in the top 25% of dividend payers in the US market (3.55%)
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 (55.7%), 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 (65.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.9yrs
Average management tenure
CEO
David Campbell (53 yo)
1
Tenure
Mr. David A. Campbell, J.D, has been President, Chief Executive Officer and Director at Evergy, Inc., Evergy Kansas Central, Inc., Evergy Kansas South, Inc. and Evergy Metro, Inc. and Evergy Missouri West...
Leadership Team
Experienced Management: EVRG's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
Experienced Board: EVRG's board of directors are seasoned and experienced ( 10 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 employee growth, exchange listings and data sources
Key Information
- Name: Evergy, Inc.
- Ticker: EVRG
- Exchange: NYSE
- Founded: 2017
- Industry: Electric Utilities
- Sector: Utilities
- Implied Market Cap: US$14.703b
- Shares outstanding: 229.30m
- Website: https://www.evergyinc.com
Number of Employees
Location
- Evergy, Inc.
- 1200 Main Street
- Kansas City
- Missouri
- 64105
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 23:36 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.