Vistra
Market Cap
US$10.4b
Last Updated
2021/01/25 23:16 UTC
Data Sources
Company Financials +
Executive Summary
Vistra Corp., through its subsidiaries, engages in the electricity business in the United States. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 5.4% per year for the next 3 years
Snowflake Analysis
Undervalued with adequate balance sheet.
Similar Companies
Share Price & News
How has Vistra's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VST is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: VST's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-3.1%
VST
-1.1%
US Renewable Energy
2.6%
US Market
1 Year Return
-3.7%
VST
41.1%
US Renewable Energy
26.0%
US Market
Return vs Industry: VST underperformed the US Renewable Energy industry which returned 41.1% over the past year.
Return vs Market: VST underperformed the US Market which returned 26% over the past year.
Shareholder returns
| VST | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.1% | -1.1% | 2.6% |
| 30 Day | 11.4% | 14.1% | 5.1% |
| 90 Day | 13.1% | 33.2% | 17.1% |
| 1 Year | -0.8%-3.7% | 45.6%41.1% | 28.9%26.0% |
| 3 Year | 12.1%6.6% | 79.9%65.1% | 46.3%36.6% |
| 5 Year | n/a | 235.2%177.7% | 126.9%101.6% |
Long-Term Price Volatility Vs. Market
How volatile is Vistra's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
How Many Vistra Corp. (NYSE:VST) Shares Did Insiders Buy, In The Last Year?4 weeks ago | Simply Wall St
What We Learned About Vistra's (NYSE:VST) CEO Pay1 month ago | Simply Wall St
Should You Use Vistra's (NYSE:VST) Statutory Earnings To Analyse It?Valuation
Is Vistra undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VST ($20.85) is trading below our estimate of fair value ($87.22)
Significantly Below Fair Value: VST is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VST is good value based on its PE Ratio (11.5x) compared to the US Renewable Energy industry average (51.7x).
PE vs Market: VST is good value based on its PE Ratio (11.5x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: VST's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: VST is good value based on its PB Ratio (1.2x) compared to the US Renewable Energy industry average (3.8x).
Next Steps
Future Growth
How is Vistra forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
-5.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VST's earnings are forecast to decline over the next 3 years (-5.4% per year).
Earnings vs Market: VST's earnings are forecast to decline over the next 3 years (-5.4% per year).
High Growth Earnings: VST's earnings are forecast to decline over the next 3 years.
Revenue vs Market: VST's revenue is expected to decline over the next 3 years (-9.6% per year).
High Growth Revenue: VST's revenue is forecast to decline over the next 3 years (-9.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VST's Return on Equity is forecast to be low in 3 years time (9.2%).
Next Steps
Past Performance
How has Vistra performed over the past 5 years?
77.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VST has a large one-off loss of $414.0M impacting its September 30 2020 financial results.
Growing Profit Margin: VST's current net profit margins (7.6%) are higher than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: VST has become profitable over the past 5 years, growing earnings by 77.8% per year.
Accelerating Growth: VST's earnings growth over the past year (75.4%) is below its 5-year average (77.8% per year).
Earnings vs Industry: VST earnings growth over the past year (75.4%) exceeded the Renewable Energy industry -17.4%.
Return on Equity
High ROE: VST's Return on Equity (10.5%) is considered low.
Next Steps
Financial Health
How is Vistra's financial position?
Financial Position Analysis
Short Term Liabilities: VST's short term assets ($3.8B) exceed its short term liabilities ($3.4B).
Long Term Liabilities: VST's short term assets ($3.8B) do not cover its long term liabilities ($13.7B).
Debt to Equity History and Analysis
Debt Level: VST's debt to equity ratio (123.8%) is considered high.
Reducing Debt: VST had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: VST's debt is well covered by operating cash flow (31.3%).
Interest Coverage: VST's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Vistra current dividend yield, its reliability and sustainability?
2.59%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VST's dividend (2.59%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: VST's dividend (2.59%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, VST has been paying a dividend for less than 10 years.
Growing Dividend: VST's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.2%), VST's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VST's dividends in 3 years are forecast to be well covered by earnings (43.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Curt Morgan (59 yo)
4.25yrs
Tenure
US$9,692,169
Compensation
Mr. Curtis A. Morgan, also known as Curt, CPA, has been Chief Executive Officer and Director of Vistra Corp. (formerly known as Vistra Energy Corp.) since October 3, 2016. Mr. Morgan had been President at ...
CEO Compensation Analysis
Compensation vs Market: Curt's total compensation ($USD9.69M) is about average for companies of similar size in the US market ($USD10.56M).
Compensation vs Earnings: Curt's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.25yrs | US$9.69m | 0.088% $ 9.2m | |
| President & CFO | 0.083yr | US$4.78m | 0.041% $ 4.3m | |
| Executive VP & Chief Commercial Officer | 4.25yrs | US$3.41m | 0.018% $ 1.8m | |
| President of Retail | 4.25yrs | US$2.72m | 0.014% $ 1.5m | |
| Senior VP & Chief Information Officer | 0.50yr | no data | no data | |
| Executive VP & Chief Administrative Officer | 4.25yrs | US$2.23m | 0.014% $ 1.4m | |
| Director of Investor Relations | no data | no data | no data | |
| Executive VP | 4.25yrs | no data | 0.013% $ 1.3m | |
| Senior Vice President of Government Affairs | no data | no data | no data | |
| Senior VP & Chief Risk Officer | no data | no data | no data | |
| Senior Vice President and Corporate Treasurer | no data | no data | no data | |
| VP & Controller | 3yrs | no data | 0.0032% $ 336.1k |
4.3yrs
Average Tenure
52yo
Average Age
Experienced Management: VST's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.25yrs | US$9.69m | 0.088% $ 9.2m | |
| Independent Director | 2.75yrs | US$265.91k | 0.011% $ 1.2m | |
| Independent Chairman of the Board | 3.25yrs | US$420.00k | 0.043% $ 4.5m | |
| Independent Director | 3.67yrs | US$280.00k | 0.0071% $ 744.2k | |
| Independent Director | 2.75yrs | US$270.00k | 0.012% $ 1.3m | |
| Independent Director | 0.92yr | no data | 0.0016% $ 163.9k | |
| Independent Director | 4.25yrs | US$265.91k | 0.0086% $ 899.8k | |
| Independent Director | 0.92yr | no data | 0.0043% $ 447.8k | |
| Independent Director | 4.25yrs | US$275.00k | 0.0051% $ 534.4k | |
| Independent Director | 2.75yrs | US$275.00k | 0.0086% $ 901.9k |
3.0yrs
Average Tenure
57.5yo
Average Age
Experienced Board: VST's board of directors are considered experienced (3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VST 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
Vistra Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vistra Corp.
- Ticker: VST
- Exchange: NYSE
- Founded: 1882
- Industry: Independent Power Producers and Energy Traders
- Sector: Utilities
- Market Cap: US$10.438b
- Shares outstanding: 489.13m
- Website: https://www.vistracorp.com
Number of Employees
Location
- Vistra Corp.
- 6555 Sierra Drive
- Irving
- Texas
- 75039
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VST | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Sep 2016 |
| 0V6 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Sep 2016 |
| VST * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Sep 2016 |
Biography
Vistra Corp., through its subsidiaries, engages in the electricity business in the United States. It operates through Retail, ERCOT, PJM, NY/NE, MISO, and Asset Closure segments. The company retails electr...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/25 23:16 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/09/30 |
| 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.