PORTLAND GENERAL ELECTRIC CO (POR) Stock Fundamental Analysis
USA - NYSE:POR - US7365088472 - Common Stock
50.52 USD
+0.23 (+0.46%)
50.59 USD
+0.07 (+0.14%)
We assign a fundamental rating of 3 out of 10 to POR. POR was compared to 47 industry peers in the Electric Utilities industry. Both the profitability and financial health of POR have multiple concerns. POR is quite expensive at the moment. It does show a decent growth rate. POR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year POR was profitable.
In the past year POR had a positive cash flow from operations.
POR had positive earnings in each of the past 5 years.
Each year in the past 5 years POR had a positive operating cash flow.
1.2 Ratios
POR has a worse Return On Assets (2.32%) than 78.72% of its industry peers.
POR has a Return On Equity of 7.63%. This is in the lower half of the industry: POR underperforms 76.60% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.82%, POR is doing worse than 63.83% of the companies in the same industry.
POR had an Average Return On Invested Capital over the past 3 years of 3.68%. This is in line with the industry average of 5.02%.
The 3 year average ROIC (3.68%) for POR is below the current ROIC(3.82%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.32% | ||
| ROE | 7.63% | ||
| ROIC | 3.82% |
ROA(3y)2.25%
ROA(5y)2.21%
ROE(3y)7.83%
ROE(5y)7.69%
ROIC(3y)3.68%
ROIC(5y)3.51%
1.3 Margins
The Profit Margin of POR (8.43%) is worse than 80.85% of its industry peers.
POR's Profit Margin has declined in the last couple of years.
The Operating Margin of POR (14.91%) is worse than 74.47% of its industry peers.
In the last couple of years the Operating Margin of POR has declined.
With a Gross Margin value of 46.85%, POR perfoms like the industry average, outperforming 51.06% of the companies in the same industry.
In the last couple of years the Gross Margin of POR has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.91% | ||
| PM (TTM) | 8.43% | ||
| GM | 46.85% |
OM growth 3Y-1.92%
OM growth 5Y-2.79%
PM growth 3Y-3.68%
PM growth 5Y-2.03%
GM growth 3Y-4.39%
GM growth 5Y-3.94%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), POR is destroying value.
Compared to 1 year ago, POR has more shares outstanding
Compared to 5 years ago, POR has more shares outstanding
Compared to 1 year ago, POR has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.98, we must say that POR is in the distress zone and has some risk of bankruptcy.
POR has a Altman-Z score (0.98) which is in line with its industry peers.
POR has a Debt/Equity ratio of 1.28. This is a high value indicating a heavy dependency on external financing.
POR's Debt to Equity ratio of 1.28 is in line compared to the rest of the industry. POR outperforms 57.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.98 |
ROIC/WACC0.61
WACC6.26%
2.3 Liquidity
POR has a Current Ratio of 0.97. This is a bad value and indicates that POR is not financially healthy enough and could expect problems in meeting its short term obligations.
POR has a better Current ratio (0.97) than 61.70% of its industry peers.
POR has a Quick Ratio of 0.97. This is a bad value and indicates that POR is not financially healthy enough and could expect problems in meeting its short term obligations.
POR has a better Quick ratio (0.84) than 61.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
The earnings per share for POR have decreased strongly by -17.33% in the last year.
Measured over the past 5 years, POR shows a small growth in Earnings Per Share. The EPS has been growing by 5.52% on average per year.
Looking at the last year, POR shows a quite strong growth in Revenue. The Revenue has grown by 17.69% in the last year.
Measured over the past years, POR shows a quite strong growth in Revenue. The Revenue has been growing by 10.13% on average per year.
EPS 1Y (TTM)-17.33%
EPS 3Y4.77%
EPS 5Y5.52%
EPS Q2Q%11.11%
Revenue 1Y (TTM)17.69%
Revenue growth 3Y12.81%
Revenue growth 5Y10.13%
Sales Q2Q%2.48%
3.2 Future
POR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.05% yearly.
Based on estimates for the next years, POR will show a small growth in Revenue. The Revenue will grow by 6.81% on average per year.
EPS Next Y4.04%
EPS Next 2Y4.63%
EPS Next 3Y4.64%
EPS Next 5Y5.05%
Revenue Next Year11.99%
Revenue Next 2Y8.36%
Revenue Next 3Y6.96%
Revenue Next 5Y6.81%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 17.36, the valuation of POR can be described as rather expensive.
POR's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.34, POR is valued a bit cheaper.
The Price/Forward Earnings ratio is 14.70, which indicates a correct valuation of POR.
61.70% of the companies in the same industry are more expensive than POR, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.43, POR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.36 | ||
| Fwd PE | 14.7 |
4.2 Price Multiples
POR's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. POR is cheaper than 65.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.91 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates POR does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)4.3
PEG (5Y)3.14
EPS Next 2Y4.63%
EPS Next 3Y4.64%
5. Dividend
5.1 Amount
POR has a Yearly Dividend Yield of 4.40%, which is a nice return.
POR's Dividend Yield is rather good when compared to the industry average which is at 3.23. POR pays more dividend than 91.49% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, POR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.4% |
5.2 History
The dividend of POR has a limited annual growth rate of 4.85%.
POR has been paying a dividend for at least 10 years, so it has a reliable track record.
POR has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.85%
Div Incr Years18
Div Non Decr Years18
5.3 Sustainability
72.45% of the earnings are spent on dividend by POR. This is not a sustainable payout ratio.
The dividend of POR is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP72.45%
EPS Next 2Y4.63%
EPS Next 3Y4.64%
50.52
+0.23 (+0.46%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners100.79%
Inst Owner Change1.46%
Ins Owners0.48%
Ins Owner Change-0.23%
Market Cap5.53B
Revenue(TTM)3.44B
Net Income(TTM)294.00M
Analysts71.11
Price Target48.87 (-3.27%)
Short Float %5.18%
Short Ratio5.18
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.4% |
Yearly Dividend1.9
Dividend Growth(5Y)4.85%
DP72.45%
Div Incr Years18
Div Non Decr Years18
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.8%
Min EPS beat(2)-7.86%
Max EPS beat(2)2.26%
EPS beat(4)2
Avg EPS beat(4)-1.39%
Min EPS beat(4)-7.86%
Max EPS beat(4)2.8%
EPS beat(8)4
Avg EPS beat(8)-0.7%
EPS beat(12)7
Avg EPS beat(12)-1.03%
EPS beat(16)8
Avg EPS beat(16)-1.66%
Revenue beat(2)1
Avg Revenue beat(2)-2.3%
Min Revenue beat(2)-5.32%
Max Revenue beat(2)0.72%
Revenue beat(4)3
Avg Revenue beat(4)6.34%
Min Revenue beat(4)-5.32%
Max Revenue beat(4)22.99%
Revenue beat(8)6
Avg Revenue beat(8)5.38%
Revenue beat(12)10
Avg Revenue beat(12)8.74%
Revenue beat(16)14
Avg Revenue beat(16)9.06%
PT rev (1m)3.4%
PT rev (3m)3.54%
EPS NQ rev (1m)-1.89%
EPS NQ rev (3m)-0.48%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)-0.02%
Revenue NQ rev (1m)-0.15%
Revenue NQ rev (3m)-0.17%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.36 | ||
| Fwd PE | 14.7 | ||
| P/S | 1.59 | ||
| P/FCF | N/A | ||
| P/OCF | 5.64 | ||
| P/B | 1.44 | ||
| P/tB | 1.44 | ||
| EV/EBITDA | 9.91 |
EPS(TTM)2.91
EY5.76%
EPS(NY)3.44
Fwd EY6.8%
FCF(TTM)-2.37
FCFYN/A
OCF(TTM)8.95
OCFY17.72%
SpS31.84
BVpS35.16
TBVpS35.16
PEG (NY)4.3
PEG (5Y)3.14
Graham Number47.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.32% | ||
| ROE | 7.63% | ||
| ROCE | 4.42% | ||
| ROIC | 3.82% | ||
| ROICexc | 3.85% | ||
| ROICexgc | 3.85% | ||
| OM | 14.91% | ||
| PM (TTM) | 8.43% | ||
| GM | 46.85% | ||
| FCFM | N/A |
ROA(3y)2.25%
ROA(5y)2.21%
ROE(3y)7.83%
ROE(5y)7.69%
ROIC(3y)3.68%
ROIC(5y)3.51%
ROICexc(3y)3.75%
ROICexc(5y)3.58%
ROICexgc(3y)4.12%
ROICexgc(5y)3.94%
ROCE(3y)4.28%
ROCE(5y)4.08%
ROICexgc growth 3Y0.98%
ROICexgc growth 5Y-0.73%
ROICexc growth 3Y1.2%
ROICexc growth 5Y-0.49%
OM growth 3Y-1.92%
OM growth 5Y-2.79%
PM growth 3Y-3.68%
PM growth 5Y-2.03%
GM growth 3Y-4.39%
GM growth 5Y-3.94%
F-Score5
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.69 | ||
| Cap/Depr | 233.27% | ||
| Cap/Sales | 35.58% | ||
| Interest Coverage | 2.78 | ||
| Cash Conversion | 93.25% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 0.98 |
F-Score5
WACC6.26%
ROIC/WACC0.61
Cap/Depr(3y)245.28%
Cap/Depr(5y)213.19%
Cap/Sales(3y)37.42%
Cap/Sales(5y)35.07%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-17.33%
EPS 3Y4.77%
EPS 5Y5.52%
EPS Q2Q%11.11%
EPS Next Y4.04%
EPS Next 2Y4.63%
EPS Next 3Y4.64%
EPS Next 5Y5.05%
Revenue 1Y (TTM)17.69%
Revenue growth 3Y12.81%
Revenue growth 5Y10.13%
Sales Q2Q%2.48%
Revenue Next Year11.99%
Revenue Next 2Y8.36%
Revenue Next 3Y6.96%
Revenue Next 5Y6.81%
EBIT growth 1Y9.24%
EBIT growth 3Y10.64%
EBIT growth 5Y7.06%
EBIT Next Year115.6%
EBIT Next 3Y36.59%
EBIT Next 5Y24.01%
FCF growth 1Y58.6%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y168.03%
OCF growth 3Y13.51%
OCF growth 5Y7.34%
PORTLAND GENERAL ELECTRIC CO / POR FAQ
Can you provide the ChartMill fundamental rating for PORTLAND GENERAL ELECTRIC CO?
ChartMill assigns a fundamental rating of 3 / 10 to POR.
What is the valuation status of PORTLAND GENERAL ELECTRIC CO (POR) stock?
ChartMill assigns a valuation rating of 3 / 10 to PORTLAND GENERAL ELECTRIC CO (POR). This can be considered as Overvalued.
How profitable is PORTLAND GENERAL ELECTRIC CO (POR) stock?
PORTLAND GENERAL ELECTRIC CO (POR) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for POR stock?
The Price/Earnings (PE) ratio for PORTLAND GENERAL ELECTRIC CO (POR) is 17.36 and the Price/Book (PB) ratio is 1.44.
Can you provide the financial health for POR stock?
The financial health rating of PORTLAND GENERAL ELECTRIC CO (POR) is 2 / 10.