Market Cap
US$22.0b
Last Updated
2021/04/10 22:11 UTC
Data Sources
Company Financials +
Executive Summary
PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. More Details
Rewards
Risk Analysis
Snowflake Analysis
6 star dividend payer and fair value.
Similar Companies
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 +/- 3% a week.
Volatility Over Time: PPL's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-0.5%
PPL
1.4%
US Electric Utilities
1.6%
US Market
1 Year Return
7.3%
PPL
7.2%
US Electric Utilities
55.3%
US Market
Return vs Industry: PPL matched the US Electric Utilities industry which returned 7.2% over the past year.
Return vs Market: PPL underperformed the US Market which returned 55.3% over the past year.
Shareholder returns
| PPL | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | 1.4% | 1.6% |
| 30 Day | 5.3% | 5.9% | 4.1% |
| 90 Day | 3.0% | 2.5% | 5.5% |
| 1 Year | 13.6%7.3% | 10.9%7.2% | 58.1%55.3% |
| 3 Year | 21.6%3.1% | 29.5%18.7% | 63.8%53.3% |
| 5 Year | -1.6%-23.7% | 36.1%16.8% | 120.2%95.7% |
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 St
Is PPL (NYSE:PPL) Using Too Much Debt?1 month ago | Simply Wall St
What Type Of Returns Would PPL's (NYSE:PPL) Shareholders Have Received Over The Course Of The Last Five Years?1 month ago | Simply Wall St
Factors Income Investors Should Consider Before Adding PPL Corporation (NYSE:PPL) To Their PortfolioValuation
Is PPL undervalued compared to its fair value and its price relative to the market?
14.99x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PPL ($28.64) is trading above our estimate of fair value ($21.68)
Significantly Below Fair Value: PPL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PPL is good value based on its PE Ratio (15x) compared to the US Electric Utilities industry average (22.1x).
PE vs Market: PPL is good value based on its PE Ratio (15x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: PPL is poor value based on its PEG Ratio (10.2x)
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 (2x).
Future Growth
How is PPL forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
1.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PPL's forecast earnings growth (1.5% per year) is below the savings rate (2%).
Earnings vs Market: PPL's earnings (1.5% per year) are forecast to grow slower than the US market (18.7% per year).
High Growth Earnings: PPL's earnings are forecast to grow, but not significantly.
Revenue vs Market: PPL's revenue (2.7% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: PPL's revenue (2.7% 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 (10.4%).
Past Performance
How has PPL performed over the past 5 years?
0.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PPL has high quality earnings.
Growing Profit Margin: PPL's current net profit margins (19.3%) are lower than last year (22.5%).
Past Earnings Growth Analysis
Earnings Trend: PPL's earnings have grown by 0.2% 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 (-15.9%) over the past year, making it difficult to compare to the Electric Utilities industry average (-2.1%).
Return on Equity
High ROE: PPL's Return on Equity (11%) is considered low.
Financial Health
How is PPL's financial position?
Financial Position Analysis
Short Term Liabilities: PPL's short term assets ($2.8B) do not cover its short term liabilities ($6.0B).
Long Term Liabilities: PPL's short term assets ($2.8B) do not cover its long term liabilities ($28.8B).
Debt to Equity History and Analysis
Debt Level: PPL's debt to equity ratio (186%) is considered high.
Reducing Debt: PPL's debt to equity ratio has reduced from 202.9% to 186% over the past 5 years.
Debt Coverage: PPL's debt is not well covered by operating cash flow (11%).
Interest Coverage: PPL's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
Dividend
What is PPL current dividend yield, its reliability and sustainability?
5.80%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PPL's dividend (5.8%) is higher than the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: PPL's dividend (5.8%) is in the top 25% of dividend payers in the US market (3.5%)
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 (86.9%), 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 (58.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.1yrs
Average management tenure
CEO
Vince Sorgi (48 yo)
0.83
Tenure
US$4,731,409
Compensation
Mr. Vincent Sorgi, also known as Vince, has been the Chief Executive Officer at PPL Corporation since June 01, 2020 and has been its Director since May 13, 2020. He has been President of PPL Corporation si...
CEO Compensation Analysis
Compensation vs Market: Vince's total compensation ($USD4.73M) is below average for companies of similar size in the US market ($USD10.94M).
Compensation vs Earnings: Vince's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: PPL's management team is considered experienced (3.1 years average tenure).
Board Members
Experienced Board: PPL's board of directors are considered experienced (8.3 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
PPL Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: PPL Corporation
- Ticker: PPL
- Exchange: NYSE
- Founded: 1920
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: US$22.036b
- Shares outstanding: 769.42m
- Website: https://www.pplweb.com
Number of Employees
Location
- PPL Corporation
- Two North Ninth Street
- Allentown
- Pennsylvania
- 18101-1179
- United States
Listings
Biography
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 | 2021/04/10 22:11 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| 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.