MGE ENERGY INC (MGEE) Fundamental Analysis & Valuation

NASDAQ:MGEE • US55277P1049

Current stock price

78.75 USD
-2.27 (-2.8%)
At close:
78.75 USD
0 (0%)
After Hours:

This MGEE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. MGEE Profitability Analysis

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.
  • MGEE had a positive operating cash flow in each of the past 5 years.
MGEE Yearly Net Income VS EBIT VS OCF VS FCFMGEE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M

1.2 Ratios

  • The Return On Assets of MGEE (4.31%) is better than 87.23% of its industry peers.
  • With a decent Return On Equity value of 10.42%, MGEE is doing good in the industry, outperforming 63.83% of the companies in the same industry.
  • MGEE's Return On Invested Capital of 5.16% is amongst the best of the industry. MGEE outperforms 82.98% 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 4.52%.
  • The last Return On Invested Capital (5.16%) for MGEE is above the 3 year average (5.04%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.31%
ROE 10.42%
ROIC 5.16%
ROA(3y)4.32%
ROA(5y)4.37%
ROE(3y)10.18%
ROE(5y)10.22%
ROIC(3y)5.04%
ROIC(5y)4.99%
MGEE Yearly ROA, ROE, ROICMGEE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • MGEE has a Profit Margin of 18.27%. This is amongst the best in the industry. MGEE outperforms 89.36% of its industry peers.
  • In the last couple of years the Profit Margin of MGEE has remained more or less at the same level.
  • MGEE has a Operating Margin of 22.95%. This is comparable to the rest of the industry: MGEE outperforms 55.32% of its industry peers.
  • In the last couple of years the Operating Margin of MGEE has grown nicely.
  • Looking at the Gross Margin, with a value of 82.92%, MGEE is in the better half of the industry, outperforming 76.60% of the companies in the same industry.
  • In the last couple of years the Gross Margin of MGEE has remained more or less at the same level.
Industry RankSector Rank
OM 22.95%
PM (TTM) 18.27%
GM 82.92%
OM growth 3Y5.99%
OM growth 5Y2.36%
PM growth 3Y5.56%
PM growth 5Y1.27%
GM growth 3Y4.77%
GM growth 5Y0.67%
MGEE Yearly Profit, Operating, Gross MarginsMGEE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

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2

2. MGEE Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MGEE is destroying value.
  • MGEE has about the same amout of shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, MGEE has more shares outstanding
  • Compared to 1 year ago, MGEE has a worse debt to assets ratio.
MGEE Yearly Shares OutstandingMGEE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M
MGEE Yearly Total Debt VS Total AssetsMGEE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • Based on the Altman-Z score of 1.72, we must say that MGEE is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 1.72, MGEE belongs to the top of the industry, outperforming 82.98% of the companies in the same industry.
  • A Debt/Equity ratio of 0.69 indicates that MGEE is somewhat dependend on debt financing.
  • MGEE's Debt to Equity ratio of 0.69 is fine compared to the rest of the industry. MGEE outperforms 76.60% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.69
Debt/FCF N/A
Altman-Z 1.72
ROIC/WACC0.65
WACC7.96%
MGEE Yearly LT Debt VS Equity VS FCFMGEE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M 1B

2.3 Liquidity

  • MGEE has a Current Ratio of 0.77. 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 (0.77) which is comparable to the rest of the industry.
  • MGEE has a Quick Ratio of 0.77. 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 (0.55) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.77
Quick Ratio 0.55
MGEE Yearly Current Assets VS Current LiabilitesMGEE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M

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4

3. MGEE Growth Analysis

3.1 Past

  • MGEE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.71%, which is quite good.
  • The Earnings Per Share has been growing slightly by 7.40% on average over the past years.
  • MGEE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.85%.
  • MGEE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.66% yearly.
EPS 1Y (TTM)11.71%
EPS 3Y6.73%
EPS 5Y7.4%
EPS Q2Q%4.92%
Revenue 1Y (TTM)9.85%
Revenue growth 3Y1.34%
Revenue growth 5Y6.66%
Sales Q2Q%10.58%

3.2 Future

  • Based on estimates for the next years, MGEE will show a small growth in Earnings Per Share. The EPS will grow by 6.94% on average per year.
  • Based on estimates for the next years, MGEE will show a small growth in Revenue. The Revenue will grow by 6.47% on average per year.
EPS Next Y7.13%
EPS Next 2Y6.31%
EPS Next 3Y5.4%
EPS Next 5Y6.94%
Revenue Next Year3.65%
Revenue Next 2Y3.21%
Revenue Next 3Y2.37%
Revenue Next 5Y6.47%

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 stable.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
MGEE Yearly Revenue VS EstimatesMGEE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 200M 400M 600M 800M
MGEE Yearly EPS VS EstimatesMGEE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4 5

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2

4. MGEE Valuation Analysis

4.1 Price/Earnings Ratio

  • MGEE is valuated rather expensively with a Price/Earnings ratio of 21.17.
  • Based on the Price/Earnings ratio, MGEE is valued a bit more expensive than 63.83% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of MGEE to the average of the S&P500 Index (26.54), we can say MGEE is valued slightly cheaper.
  • A Price/Forward Earnings ratio of 19.76 indicates a rather expensive valuation of MGEE.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of MGEE indicates a slightly more expensive valuation: MGEE is more expensive than 61.70% of the companies listed in the same industry.
  • MGEE is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.68, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 21.17
Fwd PE 19.76
MGEE Price Earnings VS Forward Price EarningsMGEE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 61.70% of the companies in the same industry are cheaper than MGEE, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 13.35
MGEE Per share dataMGEE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The excellent profitability rating of MGEE may justify a higher PE ratio.
PEG (NY)2.97
PEG (5Y)2.86
EPS Next 2Y6.31%
EPS Next 3Y5.4%

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6

5. MGEE Dividend Analysis

5.1 Amount

  • MGEE has a Yearly Dividend Yield of 2.36%. Purely for dividend investing, there may be better candidates out there.
  • MGEE's Dividend Yield is slightly below the industry average, which is at 2.83.
  • Compared to an average S&P500 Dividend Yield of 1.82, MGEE pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.36%

5.2 History

  • The dividend of MGEE has a limited annual growth rate of 4.88%.
  • MGEE has paid a dividend for at least 10 years, which is a reliable track record.
  • MGEE has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.88%
Div Incr Years33
Div Non Decr Years33
MGEE Yearly Dividends per shareMGEE Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • MGEE pays out 49.74% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • MGEE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP49.74%
EPS Next 2Y6.31%
EPS Next 3Y5.4%
MGEE Yearly Income VS Free CF VS DividendMGEE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50M -50M 100M
MGEE Dividend Payout.MGEE Dividend Payout, showing the Payout Ratio.MGEE Dividend Payout.PayoutRetained Earnings

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MGEE Fundamentals: All Metrics, Ratios and Statistics

MGE ENERGY INC

NASDAQ:MGEE (4/29/2026, 8:00:01 PM)

After market: 78.75 0 (0%)

78.75

-2.27 (-2.8%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Industry Strength52.17
Industry Growth22.98
Earnings (Last)02-24
Earnings (Next)04-30
Inst Owners60.72%
Inst Owner Change1.45%
Ins Owners0.28%
Ins Owner Change30.82%
Market Cap2.89B
Revenue(TTM)743.65M
Net Income(TTM)135.89M
Analysts42.86
Price Target82.88 (5.24%)
Short Float %1.18%
Short Ratio2.13
Dividend
Industry RankSector Rank
Dividend Yield 2.36%
Yearly Dividend1.85
Dividend Growth(5Y)4.88%
DP49.74%
Div Incr Years33
Div Non Decr Years33
Ex-Date02-27
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.72%
Min EPS beat(2)-1.96%
Max EPS beat(2)0.51%
EPS beat(4)2
Avg EPS beat(4)0.42%
Min EPS beat(4)-3.3%
Max EPS beat(4)6.44%
EPS beat(8)2
Avg EPS beat(8)-8.42%
EPS beat(12)3
Avg EPS beat(12)-7.4%
EPS beat(16)4
Avg EPS beat(16)-6.46%
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)5.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.79%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.16%
Valuation
Industry RankSector Rank
PE 21.17
Fwd PE 19.76
P/S 3.89
P/FCF N/A
P/OCF 10.99
P/B 2.22
P/tB 2.22
EV/EBITDA 13.35
EPS(TTM)3.72
EY4.72%
EPS(NY)3.99
Fwd EY5.06%
FCF(TTM)-2.18
FCFYN/A
OCF(TTM)7.16
OCFY9.1%
SpS20.24
BVpS35.48
TBVpS35.48
PEG (NY)2.97
PEG (5Y)2.86
Graham Number54.4957 (-30.8%)
Profitability
Industry RankSector Rank
ROA 4.31%
ROE 10.42%
ROCE 5.97%
ROIC 5.16%
ROICexc 5.17%
ROICexgc 5.17%
OM 22.95%
PM (TTM) 18.27%
GM 82.92%
FCFM N/A
ROA(3y)4.32%
ROA(5y)4.37%
ROE(3y)10.18%
ROE(5y)10.22%
ROIC(3y)5.04%
ROIC(5y)4.99%
ROICexc(3y)5.06%
ROICexc(5y)5.02%
ROICexgc(3y)5.06%
ROICexgc(5y)5.02%
ROCE(3y)5.73%
ROCE(5y)5.68%
ROICexgc growth 3Y-0.38%
ROICexgc growth 5Y1.74%
ROICexc growth 3Y-0.38%
ROICexc growth 5Y1.74%
OM growth 3Y5.99%
OM growth 5Y2.36%
PM growth 3Y5.56%
PM growth 5Y1.27%
GM growth 3Y4.77%
GM growth 5Y0.67%
F-Score5
Asset Turnover0.24
Health
Industry RankSector Rank
Debt/Equity 0.69
Debt/FCF N/A
Debt/EBITDA 3.18
Cap/Depr 300.22%
Cap/Sales 46.15%
Interest Coverage 250
Cash Conversion 92.37%
Profit Quality N/A
Current Ratio 0.77
Quick Ratio 0.55
Altman-Z 1.72
F-Score5
WACC7.96%
ROIC/WACC0.65
Cap/Depr(3y)246.57%
Cap/Depr(5y)228.67%
Cap/Sales(3y)37.77%
Cap/Sales(5y)32.61%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.71%
EPS 3Y6.73%
EPS 5Y7.4%
EPS Q2Q%4.92%
EPS Next Y7.13%
EPS Next 2Y6.31%
EPS Next 3Y5.4%
EPS Next 5Y6.94%
Revenue 1Y (TTM)9.85%
Revenue growth 3Y1.34%
Revenue growth 5Y6.66%
Sales Q2Q%10.58%
Revenue Next Year3.65%
Revenue Next 2Y3.21%
Revenue Next 3Y2.37%
Revenue Next 5Y6.47%
EBIT growth 1Y16.68%
EBIT growth 3Y7.41%
EBIT growth 5Y9.18%
EBIT Next Year85.35%
EBIT Next 3Y24.63%
EBIT Next 5Y26.04%
FCF growth 1Y-295.76%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-5.24%
OCF growth 3Y19.64%
OCF growth 5Y8.83%

MGE ENERGY INC / MGEE Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for MGE ENERGY INC?

ChartMill assigns a fundamental rating of 4 / 10 to MGEE.


What is the valuation status for MGEE stock?

ChartMill assigns a valuation rating of 2 / 10 to MGE ENERGY INC (MGEE). This can be considered as Overvalued.


What is the profitability of MGEE stock?

MGE ENERGY INC (MGEE) has a profitability rating of 8 / 10.


What is the expected EPS growth for MGE ENERGY INC (MGEE) stock?

The Earnings per Share (EPS) of MGE ENERGY INC (MGEE) is expected to grow by 7.13% in the next year.


Is the dividend of MGE ENERGY INC sustainable?

The dividend rating of MGE ENERGY INC (MGEE) is 6 / 10 and the dividend payout ratio is 49.74%.