Pinnacle West Capital Corp
NYSE:PNW

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Pinnacle West Capital Corp
NYSE:PNW
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Price: 94.17 USD 1.24% Market Closed
Market Cap: 11.2B USD

Relative Value

The Relative Value of one PNW stock under the Base Case scenario is 177.9 USD. Compared to the current market price of 94.17 USD, Pinnacle West Capital Corp is Undervalued by 47%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

PNW Relative Value
Base Case
177.9 USD
Undervaluation 47%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
12
vs Industry
39
Median 3Y
1.9
Median 5Y
1.9
Industry
1.7
Forward
2.2
vs History
4
vs Industry
30
Median 3Y
16
Median 5Y
14.6
Industry
14.7
Forward
20.4
vs History
61
vs Industry
43
Median 3Y
6.8
Median 5Y
7.4
Industry
7
vs History
vs Industry
0
Median 3Y
64
Median 5Y
61.2
Industry
14.2
vs History
0
vs Industry
38
Median 3Y
1.3
Median 5Y
1.3
Industry
1.4
vs History
26
vs Industry
35
Median 3Y
3.7
Median 5Y
3.7
Industry
2.8
Forward
3.8
vs History
vs Industry
34
Median 3Y
0
Median 5Y
0
Industry
7.3
vs History
26
vs Industry
43
Median 3Y
10
Median 5Y
9.8
Industry
10.4
Forward
10
vs History
41
vs Industry
29
Median 3Y
19.6
Median 5Y
19.2
Industry
14.6
Forward
19.2
vs History
85
vs Industry
36
Median 3Y
13.2
Median 5Y
14.1
Industry
11
vs History
vs Industry
Median 3Y
-27.5
Median 5Y
-29.7
Industry
16.7
vs History
0
vs Industry
57
Median 3Y
0.7
Median 5Y
0.7
Industry
0.9

Multiples Across Competitors

PNW Competitors Multiples
Pinnacle West Capital Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Pinnacle West Capital Corp
NYSE:PNW
11.2B USD 2.2 18.4 10.1 19.6
US
Nextera Energy Inc
NYSE:NEE
144.9B USD 5.9 20.9 16.9 30.5
ES
Iberdrola SA
MAD:IBE
93.9B EUR 2.1 16.7 7.3 12
US
Southern Co
NYSE:SO
100.2B USD 3.7 22.8 12.9 22.6
US
Duke Energy Corp
NYSE:DUK
92.7B USD 3.1 21.1 12 21.7
IT
Enel SpA
MIL:ENEL
76.5B EUR 1 10.9 5.8 8.6
US
Constellation Energy Corp
NASDAQ:CEG
64.3B USD 2.7 17.1 9.8 16
US
American Electric Power Company Inc
NASDAQ:AEP
57B USD 2.9 19.2 12.6 22.1
FR
Electricite de France SA
PAR:EDF
46.6B EUR 0.3 -2.5 -5.4 -3.2
US
Exelon Corp
NASDAQ:EXC
44.9B USD 2 18.3 11.4 20.8
US
Xcel Energy Inc
NASDAQ:XEL
40B USD 3 20.7 12.9 28.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Pinnacle West Capital Corp
NYSE:PNW
Average EV/EBITDA: 11.2
10.1
8%
1.3
US
Nextera Energy Inc
NYSE:NEE
16.9
19%
0.9
ES
Iberdrola SA
MAD:IBE
7.3
-1%
N/A
US
Southern Co
NYSE:SO
12.9
7%
1.8
US
Duke Energy Corp
NYSE:DUK
12
7%
1.7
IT
Enel SpA
MIL:ENEL
5.8
3%
1.9
US
Constellation Energy Corp
NASDAQ:CEG
9.8
-5%
N/A
US
American Electric Power Company Inc
NASDAQ:AEP
12.6
11%
1.1
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -5.4 N/A N/A
US
Exelon Corp
NASDAQ:EXC
11.4
10%
1.1
US
Xcel Energy Inc
NASDAQ:XEL
12.9
14%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Pinnacle West Capital Corp
NYSE:PNW
Average EV/EBIT: 20.3
19.6
12%
1.6
US
Nextera Energy Inc
NYSE:NEE
30.5
24%
1.3
ES
Iberdrola SA
MAD:IBE
12
1%
12
US
Southern Co
NYSE:SO
22.6
6%
3.8
US
Duke Energy Corp
NYSE:DUK
21.7
8%
2.7
IT
Enel SpA
MIL:ENEL
8.6
2%
4.3
US
Constellation Energy Corp
NASDAQ:CEG
16
2%
8
US
American Electric Power Company Inc
NASDAQ:AEP
22.1
13%
1.7
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -3.2 N/A N/A
US
Exelon Corp
NASDAQ:EXC
20.8
9%
2.3
US
Xcel Energy Inc
NASDAQ:XEL
28.5
22%
1.3