77.66 USD
-1 (-1.27%)
77.66 USD
0 (0%)
Overall MGEE gets a fundamental rating of 5 out of 10. We evaluated MGEE against 48 industry peers in the Electric Utilities industry. MGEE has an excellent profitability rating, but there are concerns on its financial health. MGEE is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
MGEE had positive earnings in the past year.
In the past year MGEE had a positive cash flow from operations.
Each year in the past 5 years MGEE has been profitable.
In the past 5 years MGEE always reported a positive cash flow from operatings.
1.2 Ratios
MGEE has a Return On Assets of 4.50%. This is in the better half of the industry: MGEE outperforms 79.17% of its industry peers.
MGEE has a Return On Equity (10.37%) which is comparable to the rest of the industry.
MGEE's Return On Invested Capital of 5.02% is fine compared to the rest of the industry. MGEE outperforms 79.17% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MGEE is in line with the industry average of 4.95%.
The last Return On Invested Capital (5.02%) for MGEE is above the 3 year average (4.89%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.5% | ||
| ROE | 10.37% | ||
| ROIC | 5.02% |
ROA(3y)4.36%
ROA(5y)4.33%
ROE(3y)10.13%
ROE(5y)10.03%
ROIC(3y)4.89%
ROIC(5y)4.73%
1.3 Margins
MGEE's Profit Margin of 18.55% is amongst the best of the industry. MGEE outperforms 91.67% of its industry peers.
MGEE's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 22.85%, MGEE is doing good in the industry, outperforming 60.42% of the companies in the same industry.
In the last couple of years the Operating Margin of MGEE has grown nicely.
The Gross Margin of MGEE (83.36%) is better than 75.00% of its industry peers.
MGEE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.85% | ||
| PM (TTM) | 18.55% | ||
| GM | 83.36% |
OM growth 3Y3.77%
OM growth 5Y2.08%
PM growth 3Y0.7%
PM growth 5Y3.12%
GM growth 3Y2.47%
GM growth 5Y1.05%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MGEE is destroying value.
The number of shares outstanding for MGEE has been increased compared to 1 year ago.
The number of shares outstanding for MGEE has been increased compared to 5 years ago.
Compared to 1 year ago, MGEE has an improved debt to assets ratio.
2.2 Solvency
MGEE has an Altman-Z score of 1.82. This is not the best score and indicates that MGEE is in the grey zone with still only limited risk for bankruptcy at the moment.
With an excellent Altman-Z score value of 1.82, MGEE belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
MGEE has a Debt/Equity ratio of 0.63. This is a neutral value indicating MGEE is somewhat dependend on debt financing.
MGEE has a Debt to Equity ratio of 0.63. This is in the better half of the industry: MGEE outperforms 79.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.82 |
ROIC/WACC0.64
WACC7.81%
2.3 Liquidity
MGEE has a Current Ratio of 0.91. This is a bad value and indicates that MGEE is not financially healthy enough and could expect problems in meeting its short term obligations.
MGEE has a Current ratio of 0.91. This is comparable to the rest of the industry: MGEE outperforms 56.25% of its industry peers.
MGEE has a Quick Ratio of 0.91. This is a bad value and indicates that MGEE is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of MGEE (0.59) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
MGEE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.84%, which is quite good.
The Earnings Per Share has been growing slightly by 5.80% on average over the past years.
The Revenue has grown by 8.26% in the past year. This is quite good.
MGEE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.54% yearly.
EPS 1Y (TTM)12.84%
EPS 3Y4.36%
EPS 5Y5.8%
EPS Q2Q%7.96%
Revenue 1Y (TTM)8.26%
Revenue growth 3Y3.73%
Revenue growth 5Y3.54%
Sales Q2Q%4.27%
3.2 Future
MGEE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.24% yearly.
MGEE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.30% yearly.
EPS Next Y12.58%
EPS Next 2Y9.68%
EPS Next 3Y8.6%
EPS Next 5Y7.24%
Revenue Next Year6.12%
Revenue Next 2Y4.71%
Revenue Next 3Y4.12%
Revenue Next 5Y4.3%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 21.05, MGEE is valued on the expensive side.
MGEE's Price/Earnings ratio is a bit more expensive when compared to the industry. MGEE is more expensive than 72.92% of the companies in the same industry.
MGEE is valuated rather cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 19.39, MGEE is valued on the expensive side.
Based on the Price/Forward Earnings ratio, MGEE is valued a bit more expensive than the industry average as 75.00% of the companies are valued more cheaply.
MGEE's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.56.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.05 | ||
| Fwd PE | 19.39 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MGEE indicates a slightly more expensive valuation: MGEE is more expensive than 72.92% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.03 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of MGEE may justify a higher PE ratio.
PEG (NY)1.67
PEG (5Y)3.63
EPS Next 2Y9.68%
EPS Next 3Y8.6%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.41%, MGEE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.42, MGEE is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.31, MGEE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.41% |
5.2 History
The dividend of MGEE has a limited annual growth rate of 4.91%.
MGEE has been paying a dividend for at least 10 years, so it has a reliable track record.
MGEE has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.91%
Div Incr Years32
Div Non Decr Years32
5.3 Sustainability
49.49% of the earnings are spent on dividend by MGEE. This is a bit on the high side, but may be sustainable.
The dividend of MGEE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP49.49%
EPS Next 2Y9.68%
EPS Next 3Y8.6%
77.66
-1 (-1.27%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners61.19%
Inst Owner Change-2.14%
Ins Owners0.24%
Ins Owner Change0.62%
Market Cap2.84B
Revenue(TTM)725.52M
Net Income(TTM)134.61M
Analysts42.86
Price Target80.83 (4.08%)
Short Float %1.89%
Short Ratio5.59
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.41% |
Yearly Dividend1.75
Dividend Growth(5Y)4.91%
DP49.49%
Div Incr Years32
Div Non Decr Years32
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.4%
Min EPS beat(2)-3.3%
Max EPS beat(2)0.51%
EPS beat(4)2
Avg EPS beat(4)-6.29%
Min EPS beat(4)-28.8%
Max EPS beat(4)6.44%
EPS beat(8)2
Avg EPS beat(8)-9.62%
EPS beat(12)4
Avg EPS beat(12)-6.8%
EPS beat(16)4
Avg EPS beat(16)-7.63%
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-1.25%
PT rev (3m)9.31%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.71%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.12%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.05 | ||
| Fwd PE | 19.39 | ||
| P/S | 3.91 | ||
| P/FCF | N/A | ||
| P/OCF | 9.56 | ||
| P/B | 2.19 | ||
| P/tB | 2.19 | ||
| EV/EBITDA | 13.03 |
EPS(TTM)3.69
EY4.75%
EPS(NY)4.01
Fwd EY5.16%
FCF(TTM)-0.87
FCFYN/A
OCF(TTM)8.12
OCFY10.46%
SpS19.86
BVpS35.51
TBVpS35.51
PEG (NY)1.67
PEG (5Y)3.63
Graham Number54.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.5% | ||
| ROE | 10.37% | ||
| ROCE | 5.97% | ||
| ROIC | 5.02% | ||
| ROICexc | 5.04% | ||
| ROICexgc | 5.04% | ||
| OM | 22.85% | ||
| PM (TTM) | 18.55% | ||
| GM | 83.36% | ||
| FCFM | N/A |
ROA(3y)4.36%
ROA(5y)4.33%
ROE(3y)10.13%
ROE(5y)10.03%
ROIC(3y)4.89%
ROIC(5y)4.73%
ROICexc(3y)4.91%
ROICexc(5y)4.77%
ROICexgc(3y)4.91%
ROICexgc(5y)4.77%
ROCE(3y)5.74%
ROCE(5y)5.55%
ROICexgc growth 3Y1.41%
ROICexgc growth 5Y-1.04%
ROICexc growth 3Y1.41%
ROICexc growth 5Y-1.04%
OM growth 3Y3.77%
OM growth 5Y2.08%
PM growth 3Y0.7%
PM growth 5Y3.12%
GM growth 3Y2.47%
GM growth 5Y1.05%
F-Score6
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.95 | ||
| Cap/Depr | 291.23% | ||
| Cap/Sales | 45.28% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 106.5% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 1.82 |
F-Score6
WACC7.81%
ROIC/WACC0.64
Cap/Depr(3y)214.72%
Cap/Depr(5y)223.37%
Cap/Sales(3y)30.55%
Cap/Sales(5y)30.92%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.84%
EPS 3Y4.36%
EPS 5Y5.8%
EPS Q2Q%7.96%
EPS Next Y12.58%
EPS Next 2Y9.68%
EPS Next 3Y8.6%
EPS Next 5Y7.24%
Revenue 1Y (TTM)8.26%
Revenue growth 3Y3.73%
Revenue growth 5Y3.54%
Sales Q2Q%4.27%
Revenue Next Year6.12%
Revenue Next 2Y4.71%
Revenue Next 3Y4.12%
Revenue Next 5Y4.3%
EBIT growth 1Y16.12%
EBIT growth 3Y7.63%
EBIT growth 5Y5.69%
EBIT Next Year97.95%
EBIT Next 3Y31.4%
EBIT Next 5Y22.62%
FCF growth 1Y-376.22%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y45.88%
OCF growth 3Y26.42%
OCF growth 5Y16.31%
MGE ENERGY INC / MGEE FAQ
Can you provide the ChartMill fundamental rating for MGE ENERGY INC?
ChartMill assigns a fundamental rating of 5 / 10 to MGEE.
What is the valuation status of MGE ENERGY INC (MGEE) stock?
ChartMill assigns a valuation rating of 2 / 10 to MGE ENERGY INC (MGEE). This can be considered as Overvalued.
Can you provide the profitability details for MGE ENERGY INC?
MGE ENERGY INC (MGEE) has a profitability rating of 7 / 10.
What is the financial health of MGE ENERGY INC (MGEE) stock?
The financial health rating of MGE ENERGY INC (MGEE) is 3 / 10.
Can you provide the dividend sustainability for MGEE stock?
The dividend rating of MGE ENERGY INC (MGEE) is 5 / 10 and the dividend payout ratio is 49.49%.