PPL CORP (PP9.DE) Stock Fundamental Analysis

FRA:PP9 • US69351T1060

31.34 EUR
-0.48 (-1.49%)
Last: Feb 23, 2026, 07:00 PM
Fundamental Rating

3

Taking everything into account, PP9 scores 3 out of 10 in our fundamental rating. PP9 was compared to 28 industry peers in the Electric Utilities industry. While PP9 is still in line with the averages on profitability rating, there are concerns on its financial health. PP9 is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year PP9 was profitable.
  • In the past year PP9 had a positive cash flow from operations.
  • PP9 had positive earnings in 4 of the past 5 years.
  • In the past 5 years PP9 always reported a positive cash flow from operatings.
PP9.DE Yearly Net Income VS EBIT VS OCF VS FCFPP9.DE 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 0 1B -1B 2B 3B

1.2 Ratios

  • PP9 has a Return On Assets of 2.49%. This is in the lower half of the industry: PP9 underperforms 67.86% of its industry peers.
  • PP9 has a worse Return On Equity (7.58%) than 71.43% of its industry peers.
  • With a Return On Invested Capital value of 4.07%, PP9 perfoms like the industry average, outperforming 46.43% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for PP9 is below the industry average of 6.29%.
  • The 3 year average ROIC (3.44%) for PP9 is below the current ROIC(4.07%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.49%
ROE 7.58%
ROIC 4.07%
ROA(3y)2.01%
ROA(5y)0.93%
ROE(3y)5.68%
ROE(5y)3.45%
ROIC(3y)3.44%
ROIC(5y)4.12%
PP9.DE Yearly ROA, ROE, ROICPP9.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10 -10 15

1.3 Margins

  • PP9 has a better Profit Margin (12.16%) than 60.71% of its industry peers.
  • PP9's Profit Margin has declined in the last couple of years.
  • PP9's Operating Margin of 22.61% is fine compared to the rest of the industry. PP9 outperforms 64.29% of its industry peers.
  • In the last couple of years the Operating Margin of PP9 has declined.
  • The Gross Margin of PP9 (78.67%) is better than 71.43% of its industry peers.
  • In the last couple of years the Gross Margin of PP9 has declined.
Industry RankSector Rank
OM 22.61%
PM (TTM) 12.16%
GM 78.67%
OM growth 3Y-6.63%
OM growth 5Y-10.87%
PM growth 3YN/A
PM growth 5Y-14.16%
GM growth 3Y-2.69%
GM growth 5Y-2.44%
PP9.DE Yearly Profit, Operating, Gross MarginsPP9.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 60 80

1

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PP9 is destroying value.
  • PP9 has about the same amout of shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, PP9 has less shares outstanding
  • PP9 has a worse debt/assets ratio than last year.
PP9.DE Yearly Shares OutstandingPP9.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
PP9.DE Yearly Total Debt VS Total AssetsPP9.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B

2.2 Solvency

  • PP9 has an Altman-Z score of 0.98. This is a bad value and indicates that PP9 is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.98, PP9 is doing worse than 67.86% of the companies in the same industry.
  • PP9 has a Debt/Equity ratio of 1.22. This is a high value indicating a heavy dependency on external financing.
  • The Debt to Equity ratio of PP9 (1.22) is better than 64.29% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.22
Debt/FCF N/A
Altman-Z 0.98
ROIC/WACC0.63
WACC6.49%
PP9.DE Yearly LT Debt VS Equity VS FCFPP9.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B 20B

2.3 Liquidity

  • PP9 has a Current Ratio of 0.77. This is a bad value and indicates that PP9 is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Current ratio of PP9 (0.77) is worse than 67.86% of its industry peers.
  • PP9 has a Quick Ratio of 0.77. This is a bad value and indicates that PP9 is not financially healthy enough and could expect problems in meeting its short term obligations.
  • PP9 has a Quick ratio of 0.66. This is in the lower half of the industry: PP9 underperforms 67.86% of its industry peers.
Industry RankSector Rank
Current Ratio 0.77
Quick Ratio 0.66
PP9.DE Yearly Current Assets VS Current LiabilitesPP9.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

4

3. Growth

3.1 Past

  • PP9 shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by 0.00%.
  • The Earnings Per Share has been decreasing by -7.34% on average over the past years.
  • PP9 shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.42%.
  • The Revenue has been growing slightly by 1.72% on average over the past years.
EPS 1Y (TTM)0%
EPS 3Y16.96%
EPS 5Y-7.34%
EPS Q2Q%14.29%
Revenue 1Y (TTM)8.42%
Revenue growth 3Y13.53%
Revenue growth 5Y1.72%
Sales Q2Q%8.37%

3.2 Future

  • The Earnings Per Share is expected to grow by 7.86% on average over the next years.
  • The Revenue is expected to grow by 6.60% on average over the next years.
EPS Next Y9.03%
EPS Next 2Y8.33%
EPS Next 3Y8.36%
EPS Next 5Y7.86%
Revenue Next Year10.31%
Revenue Next 2Y7.82%
Revenue Next 3Y7.14%
Revenue Next 5Y6.6%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
PP9.DE Yearly Revenue VS EstimatesPP9.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B 10B
PP9.DE Yearly EPS VS EstimatesPP9.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0.5 1 1.5 2 2.5

2

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 21.18, PP9 is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Earnings ratio of PP9 is on the same level as its industry peers.
  • PP9's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.64.
  • Based on the Price/Forward Earnings ratio of 18.73, the valuation of PP9 can be described as rather expensive.
  • The rest of the industry has a similar Price/Forward Earnings ratio as PP9.
  • The average S&P500 Price/Forward Earnings ratio is at 27.75. PP9 is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 21.18
Fwd PE 18.73
PP9.DE Price Earnings VS Forward Price EarningsPP9.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • PP9's Enterprise Value to EBITDA is on the same level as the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 13.05
PP9.DE Per share dataPP9.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PP9 does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.35
PEG (5Y)N/A
EPS Next 2Y8.33%
EPS Next 3Y8.36%

3

5. Dividend

5.1 Amount

  • PP9 has a Yearly Dividend Yield of 2.98%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 3.08, PP9 has a dividend in line with its industry peers.
  • PP9's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 2.98%

5.2 History

  • The dividend of PP9 decreases each year by -8.78%.
Dividend Growth(5Y)-8.78%
Div Incr Years0
Div Non Decr Years0
PP9.DE Yearly Dividends per sharePP9.DE Yearly Dividends per shareYearly Dividends per share 2021 2022 2023 2025 0.5 1 1.5

5.3 Sustainability

  • PP9 pays out 71.70% of its income as dividend. This is not a sustainable payout ratio.
DP71.7%
EPS Next 2Y8.33%
EPS Next 3Y8.36%
PP9.DE Yearly Income VS Free CF VS DividendPP9.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B
PP9.DE Dividend Payout.PP9.DE Dividend Payout, showing the Payout Ratio.PP9.DE Dividend Payout.PayoutRetained Earnings

PPL CORP

FRA:PP9 (2/23/2026, 7:00:00 PM)

31.34

-0.48 (-1.49%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)11-05
Earnings (Next)02-20
Inst Owners90.31%
Inst Owner ChangeN/A
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap23.18B
Revenue(TTM)8.98B
Net Income(TTM)1.09B
Analysts79.05
Price Target35.52 (13.34%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.98%
Yearly Dividend0.85
Dividend Growth(5Y)-8.78%
DP71.7%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.86%
Min EPS beat(2)-17.1%
Max EPS beat(2)3.37%
EPS beat(4)2
Avg EPS beat(4)-3.55%
Min EPS beat(4)-17.1%
Max EPS beat(4)9.51%
EPS beat(8)5
Avg EPS beat(8)0.94%
EPS beat(12)7
Avg EPS beat(12)0.18%
EPS beat(16)9
Avg EPS beat(16)-1.87%
Revenue beat(2)2
Avg Revenue beat(2)0.99%
Min Revenue beat(2)0.95%
Max Revenue beat(2)1.04%
Revenue beat(4)4
Avg Revenue beat(4)8.62%
Min Revenue beat(4)0.95%
Max Revenue beat(4)25.58%
Revenue beat(8)8
Avg Revenue beat(8)8.91%
Revenue beat(12)12
Avg Revenue beat(12)15.8%
Revenue beat(16)13
Avg Revenue beat(16)10.22%
PT rev (1m)0%
PT rev (3m)23.42%
EPS NQ rev (1m)-0.64%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.05%
EPS NY rev (3m)-0.39%
Revenue NQ rev (1m)1.03%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)1.22%
Valuation
Industry RankSector Rank
PE 21.18
Fwd PE 18.73
P/S 3.04
P/FCF N/A
P/OCF 10.54
P/B 1.9
P/tB 2.3
EV/EBITDA 13.05
EPS(TTM)1.48
EY4.72%
EPS(NY)1.67
Fwd EY5.34%
FCF(TTM)-1.3
FCFYN/A
OCF(TTM)2.97
OCFY9.49%
SpS10.3
BVpS16.53
TBVpS13.6
PEG (NY)2.35
PEG (5Y)N/A
Graham Number23.46
Profitability
Industry RankSector Rank
ROA 2.49%
ROE 7.58%
ROCE 5.17%
ROIC 4.07%
ROICexc 4.18%
ROICexgc 4.48%
OM 22.61%
PM (TTM) 12.16%
GM 78.67%
FCFM N/A
ROA(3y)2.01%
ROA(5y)0.93%
ROE(3y)5.68%
ROE(5y)3.45%
ROIC(3y)3.44%
ROIC(5y)4.12%
ROICexc(3y)3.47%
ROICexc(5y)4.26%
ROICexgc(3y)3.73%
ROICexgc(5y)4.49%
ROCE(3y)4.4%
ROCE(5y)5.28%
ROICexgc growth 3Y-3.74%
ROICexgc growth 5Y-8.32%
ROICexc growth 3Y-4.73%
ROICexc growth 5Y-7.76%
OM growth 3Y-6.63%
OM growth 5Y-10.87%
PM growth 3YN/A
PM growth 5Y-14.16%
GM growth 3Y-2.69%
GM growth 5Y-2.44%
F-Score5
Asset Turnover0.2
Health
Industry RankSector Rank
Debt/Equity 1.22
Debt/FCF N/A
Debt/EBITDA 5.13
Cap/Depr 268.4%
Cap/Sales 41.52%
Interest Coverage 250
Cash Conversion 75.81%
Profit Quality N/A
Current Ratio 0.77
Quick Ratio 0.66
Altman-Z 0.98
F-Score5
WACC6.49%
ROIC/WACC0.63
Cap/Depr(3y)186.84%
Cap/Depr(5y)195.12%
Cap/Sales(3y)29.72%
Cap/Sales(5y)33.2%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3Y16.96%
EPS 5Y-7.34%
EPS Q2Q%14.29%
EPS Next Y9.03%
EPS Next 2Y8.33%
EPS Next 3Y8.36%
EPS Next 5Y7.86%
Revenue 1Y (TTM)8.42%
Revenue growth 3Y13.53%
Revenue growth 5Y1.72%
Sales Q2Q%8.37%
Revenue Next Year10.31%
Revenue Next 2Y7.82%
Revenue Next 3Y7.14%
Revenue Next 5Y6.6%
EBIT growth 1Y15.8%
EBIT growth 3Y6%
EBIT growth 5Y-9.33%
EBIT Next Year73.78%
EBIT Next 3Y28.96%
EBIT Next 5Y20.71%
FCF growth 1Y-121.01%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y38.83%
OCF growth 3Y-2.87%
OCF growth 5Y-0.73%

PPL CORP / PP9.DE FAQ

What is the fundamental rating for PP9 stock?

ChartMill assigns a fundamental rating of 3 / 10 to PP9.DE.


What is the valuation status for PP9 stock?

ChartMill assigns a valuation rating of 2 / 10 to PPL CORP (PP9.DE). This can be considered as Overvalued.


How profitable is PPL CORP (PP9.DE) stock?

PPL CORP (PP9.DE) has a profitability rating of 4 / 10.


Can you provide the PE and PB ratios for PP9 stock?

The Price/Earnings (PE) ratio for PPL CORP (PP9.DE) is 21.18 and the Price/Book (PB) ratio is 1.9.


What is the financial health of PPL CORP (PP9.DE) stock?

The financial health rating of PPL CORP (PP9.DE) is 1 / 10.