We are raising our fair value estimate for Edison International to $80 from $78 after the company reached a settlement related to 2017-18 fires and mudslides known as the TKM events. We are reaffirming our narrow moat rating.
With Edison's $7 billion of planned annual investment during the next four years, we project 7% average annual earnings growth.
Wildfires in California are a significant political and financial risk even with state legislation that offers financial protection.
|
Metric
|
EIX
|
POR
|
PCG
|
|---|---|---|---|
Price/Earnings (Normalized) | 17.43 | 15.63 | 14.32 |
Price/Book Value | 2.45 | 1.41 | 1.98 |
Price/Sales | 2.01 | 1.50 | 1.72 |
Price/Cash Flow | 8.92 | 6.48 | 7.03 |
|
Metric
|
EIX
|
POR
|
PCG
|
|---|---|---|---|
Quick Ratio | 0.42 | 0.46 | 0.72 |
Current Ratio | 1.03 | 1.00 | 0.90 |
Interest Coverage | 1.51 | 2.76 | 1.35 |
|
Metric
|
EIX
|
POR
|
PCG
|
|---|---|---|---|
Return on Assets (Normalized) | 1.29% | 2.49% | 2.80% |
Return on Equity (Normalized) | 7.68% | 8.23% | 14.08% |
Return on Invested Capital (Normalized) | 4.19% | 5.73% | 6.57% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| NextEra Energy Inc
NEE
| Dlzpfjczhl | Kcdgtrw | $175.6 Bil | |||
| Southern Co
SO
| Wjsybxgqr | Rlyng | $100.3 Bil | |||
| Duke Energy Corp
DUK
| Rmjdlqv | Rlnvx | $90.1 Bil | |||
| National Grid PLC ADR
NGG
| Gnknltv | Pjbq | $68.5 Bil | |||
| American Electric Power Co Inc
AEP
| Smlztpjkk | Rqdrlz | $54.2 Bil | |||
| PG&E Corp
PCG
| Rbltjjdbq | Pgv | $52.1 Bil | |||
| Dominion Energy Inc
D
| Ldcswqyy | Zjwhg | $49.0 Bil | |||
| Public Service Enterprise Group Inc
PEG
| Gqhplnxx | Gvdwlzp | $45.3 Bil | |||
| Exelon Corp
EXC
| Wfctytyvh | Zwssl | $41.0 Bil | |||
| Xcel Energy Inc
XEL
| Qkdgddw | Bvrjbt | $36.3 Bil |
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United States