WEC Energy Group, Inc.

NYSE:WEC Stock Report

Market Cap: US$32.1b

WEC Energy Group Valuation

Is WEC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of WEC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$119.31
Fair Value
15.5% undervalued intrinsic discount
16
Number of Analysts

Below Fair Value: WEC ($100.79) is trading below our estimate of fair value ($119.31)

Significantly Below Fair Value: WEC is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WEC?

Key metric: As WEC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for WEC. This is calculated by dividing WEC's market cap by their current earnings.
What is WEC's PE Ratio?
PE Ratio21x
EarningsUS$1.53b
Market CapUS$32.05b

Price to Earnings Ratio vs Peers

How does WEC's PE Ratio compare to its peers?

The above table shows the PE ratio for WEC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.8x
ED Consolidated Edison
17.9x7.7%US$33.3b
AEE Ameren
22.8x9.8%US$25.8b
CNP CenterPoint Energy
22x9.4%US$21.0b
PEG Public Service Enterprise Group
20.6x5.1%US$41.9b
WEC WEC Energy Group
21x8.7%US$32.1b

Price-To-Earnings vs Peers: WEC is expensive based on its Price-To-Earnings Ratio (21x) compared to the peer average (20.8x).

Price to Earnings Ratio vs Industry

How does WEC's PE Ratio compare vs other companies in the Global Integrated Utilities Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
WEC 21.0xIndustry Avg. 17.3xNo. of Companies8PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: WEC is expensive based on its Price-To-Earnings Ratio (21x) compared to the Global Integrated Utilities industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is WEC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WEC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21x
Fair PE Ratio20.7x

Price-To-Earnings vs Fair Ratio: WEC is expensive based on its Price-To-Earnings Ratio (21x) compared to the estimated Fair Price-To-Earnings Ratio (20.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst WEC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$100.79
US$101.88
+1.1%
5.4%US$115.00US$93.00n/a16
Jan ’26US$94.04
US$101.23
+7.6%
5.5%US$112.00US$89.00n/a16
Dec ’25US$101.05
US$99.46
-1.6%
6.5%US$112.00US$86.00n/a16
Nov ’25US$95.57
US$98.34
+2.9%
6.0%US$108.00US$86.00n/a16
Oct ’25US$96.75
US$95.07
-1.7%
6.3%US$103.00US$86.00n/a15
Sep ’25US$93.03
US$92.10
-1.0%
6.6%US$103.00US$79.50n/a15
Aug ’25US$88.72
US$88.37
-0.4%
6.1%US$98.00US$79.50n/a15
Jul ’25US$77.69
US$87.77
+13.0%
5.9%US$96.00US$78.00n/a15
Jun ’25US$81.03
US$87.97
+8.6%
5.9%US$96.00US$78.00n/a15
May ’25US$82.59
US$87.53
+6.0%
6.1%US$96.00US$78.00n/a16
Apr ’25US$81.56
US$87.10
+6.8%
7.4%US$96.00US$75.00n/a15
Mar ’25US$78.39
US$86.97
+10.9%
7.4%US$96.00US$75.00n/a15
Feb ’25US$81.78
US$88.33
+8.0%
6.6%US$96.00US$75.00US$99.2615
Jan ’25US$84.17
US$89.00
+5.7%
5.6%US$96.00US$81.00US$94.0415
Dec ’24US$84.97
US$88.47
+4.1%
5.6%US$96.00US$81.00US$101.0515
Nov ’24US$82.56
US$88.93
+7.7%
6.3%US$98.00US$81.00US$95.5714
Oct ’24US$80.55
US$95.50
+18.6%
7.0%US$105.00US$83.00US$96.7514
Sep ’24US$83.11
US$97.00
+16.7%
7.4%US$111.00US$83.00US$93.0312
Aug ’24US$89.61
US$99.09
+10.6%
5.2%US$111.00US$92.00US$88.7211
Jul ’24US$88.24
US$99.55
+12.8%
5.7%US$111.00US$91.00US$77.6911
Jun ’24US$86.19
US$101.36
+17.6%
4.4%US$111.00US$96.00US$81.0311
May ’24US$95.94
US$102.36
+6.7%
4.2%US$111.00US$96.00US$82.5911
Apr ’24US$94.79
US$101.82
+7.4%
4.2%US$111.00US$96.00US$81.5611
Mar ’24US$86.57
US$101.83
+17.6%
4.6%US$111.00US$94.00US$78.3912
Feb ’24US$94.90
US$101.50
+7.0%
4.8%US$111.00US$94.00US$81.7812
Analyst Price Target
Consensus Narrative from 16 Analysts
US$101.88
Fair Value
1.1% undervalued intrinsic discount
16
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 23:10
End of Day Share Price 2025/02/06 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

WEC Energy Group, Inc. is covered by 35 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
Finbarr MacCarthyAtlantic Equities LLP
David ParkerBaird