PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. More Details
6 star dividend payer and undervalued.
Share Price & News
How has PPL's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PPL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PPL's weekly volatility (4%) has been stable over the past year.
7 Day Return
US Electric Utilities
1 Year Return
US Electric Utilities
Return vs Industry: PPL underperformed the US Electric Utilities industry which returned -3.8% over the past year.
Return vs Market: PPL underperformed the US Market which returned 22% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is PPL's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StPPL Corporation (NYSE:PPL) Shares Could Be 27% Below Their Intrinsic Value Estimate
3 weeks ago | Simply Wall StPPL (NYSE:PPL) Has No Shortage Of Debt
1 month ago | Simply Wall StReturns On Capital At PPL (NYSE:PPL) Paint An Interesting Picture
Is PPL undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PPL ($28.21) is trading below our estimate of fair value ($38.64)
Significantly Below Fair Value: PPL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PPL is good value based on its PE Ratio (14x) compared to the US Electric Utilities industry average (19.7x).
PE vs Market: PPL is good value based on its PE Ratio (14x) compared to the US market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: PPL is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: PPL is good value based on its PB Ratio (1.6x) compared to the US Electric Utilities industry average (1.8x).
How is PPL forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PPL's forecast earnings growth (6% per year) is above the savings rate (2%).
Earnings vs Market: PPL's earnings (6% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: PPL's earnings are forecast to grow, but not significantly.
Revenue vs Market: PPL's revenue (1.2% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: PPL's revenue (1.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PPL's Return on Equity is forecast to be low in 3 years time (13.4%).
How has PPL performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PPL has high quality earnings.
Growing Profit Margin: PPL's current net profit margins (20.2%) are lower than last year (23.1%).
Past Earnings Growth Analysis
Earnings Trend: PPL's earnings have grown by 0.9% per year over the past 5 years.
Accelerating Growth: PPL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PPL had negative earnings growth (-14%) over the past year, making it difficult to compare to the Electric Utilities industry average (6.1%).
Return on Equity
High ROE: PPL's Return on Equity (11.3%) is considered low.
How is PPL's financial position?
Financial Position Analysis
Short Term Liabilities: PPL's short term assets ($2.7B) do not cover its short term liabilities ($5.4B).
Long Term Liabilities: PPL's short term assets ($2.7B) do not cover its long term liabilities ($28.8B).
Debt to Equity History and Analysis
Debt Level: PPL's debt to equity ratio (176.3%) is considered high.
Reducing Debt: PPL's debt to equity ratio has reduced from 195.1% to 176.3% over the past 5 years.
Debt Coverage: PPL's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: PPL's interest payments on its debt are well covered by EBIT (3.1x coverage).
What is PPL current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PPL's dividend (5.88%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: PPL's dividend (5.88%) is in the top 25% of dividend payers in the US market (3.88%)
Stability and Growth of Payments
Stable Dividend: PPL's dividends per share have been stable in the past 10 years.
Growing Dividend: PPL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (82%), PPL's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PPL's dividends in 3 years are forecast to be covered by earnings (66.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vince Sorgi (48 yo)
Mr. Vincent Sorgi, also known as Vince, has been the Chief Executive Officer at PPL Corporation since June 01, 2020 and has been its Director since May 13, 2020. He serves as President of PPL Corporation s...
CEO Compensation Analysis
Compensation vs Market: Vince's total compensation ($USD4.73M) is below average for companies of similar size in the US market ($USD10.54M).
Compensation vs Earnings: Vince's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Senior VP & CFO||1.5yrs||US$2.23m||0.0044% |
|Executive VP||5.58yrs||US$4.51m||0.0060% |
|CEO & President of LG&E and KU Energy LLC||no data||US$5.42m||0.0022% |
|President of PPL Electric Utilities Corporation||8.83yrs||US$3.26m||0.0048% |
|VP & Chief Information Security Officer||2.08yrs||no data||no data|
|Vice President of Investor Relations||1.5yrs||no data||no data|
|VP & Global Chief Compliance Officer||3yrs||no data||no data|
|Senior Director of Corporate Communications||no data||no data||no data|
|VP & Chief Human Resources Officer of PPL Services||5yrs||no data||no data|
|VP of Finance & Treasurer||3yrs||no data||0.00039% |
|President of PPL Renewables||1yr||no data||no data|
Experienced Management: PPL's management team is considered experienced (2.5 years average tenure).
|Independent Lead Director||9.67yrs||US$280.00k||0.00058% |
|Independent Director||10yrs||US$285.00k||no data|
|Independent Director||6.5yrs||US$250.00k||no data|
|Independent Director||3yrs||US$265.00k||no data|
|Non-Executive Chairman||8.75yrs||US$14.14m||0.047% |
|Independent Director||15.33yrs||US$270.00k||no data|
|Independent Director||0.25yr||no data||no data|
|Independent Director||11.08yrs||US$275.00k||no data|
|Independent Director||15.33yrs||US$260.00k||no data|
|Independent Director||9.5yrs||US$250.00k||no data|
Experienced Board: PPL's board of directors are considered experienced (9.5 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.3%.
PPL Corporation's company bio, employee growth, exchange listings and data sources
- Name: PPL Corporation
- Ticker: PPL
- Exchange: NYSE
- Founded: 1920
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: US$21.689b
- Shares outstanding: 768.83m
- Website: https://www.pplweb.com
Number of Employees
- PPL Corporation
- Two North Ninth Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PPL||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1968|
|PP9||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
|0KEJ||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jan 1968|
|PP9||ETLX (Eurotlx)||Yes||Common Stock||IT||EUR||Jan 1968|
|P1PL34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REPR 1 COM||BR||BRL||Dec 2019|
PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through three segments: U.K. Regulated, Kentucky Regulated...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/14 23:55|
|End of Day Share Price||2021/01/14 00:00|
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.