Southern Co
NYSE:SO

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Southern Co
NYSE:SO
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Price: 90.49 USD -0.62%
Market Cap: 99.2B USD

Relative Value

The Relative Value of one SO stock under the Base Case scenario is 135.02 USD. Compared to the current market price of 90.49 USD, Southern Co is Undervalued by 33%.

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.

SO Relative Value
Base Case
135.02 USD
Undervaluation 33%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
1
vs Industry
21
Median 3Y
2.9
Median 5Y
2.7
Industry
1.7
Forward
3.5
vs History
22
vs Industry
22
Median 3Y
21
Median 5Y
20
Industry
14.6
Forward
20.6
vs History
42
vs Industry
27
Median 3Y
10.7
Median 5Y
10.1
Industry
6.9
vs History
39
vs Industry
7
Median 3Y
57.7
Median 5Y
53.2
Industry
13.9
vs History
1
vs Industry
14
Median 3Y
2.4
Median 5Y
2.3
Industry
1.4
vs History
4
vs Industry
20
Median 3Y
5.1
Median 5Y
4.9
Industry
2.8
Forward
5.6
vs History
6
vs Industry
52
Median 3Y
5.9
Median 5Y
5.5
Industry
7.3
vs History
20
vs Industry
31
Median 3Y
12.8
Median 5Y
12.3
Industry
10.2
Forward
12.2
vs History
30
vs Industry
23
Median 3Y
22.6
Median 5Y
21.7
Industry
14.7
Forward
20.8
vs History
61
vs Industry
26
Median 3Y
18.3
Median 5Y
17.1
Industry
10.9
vs History
6
vs Industry
3
Median 3Y
-76.5
Median 5Y
-83.2
Industry
16.8
vs History
4
vs Industry
30
Median 3Y
1
Median 5Y
1
Industry
0.9

Multiples Across Competitors

SO Competitors Multiples
Southern Co Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Southern Co
NYSE:SO
99.7B USD 3.7 22.7 12.9 22.6
US
Nextera Energy Inc
NYSE:NEE
135.3B USD 5.5 19.6 16.2 29.4
ES
Iberdrola SA
MAD:IBE
96.2B EUR 2.2 17.2 7.4 12.3
US
Duke Energy Corp
NYSE:DUK
93.2B USD 3.1 21.3 12.1 21.8
IT
Enel SpA
MIL:ENEL
76.3B EUR 1 10.9 6.2 9.7
US
Constellation Energy Corp
NASDAQ:CEG
69.2B USD 2.9 18.2 10.4 17
US
American Electric Power Company Inc
NASDAQ:AEP
56.6B USD 2.9 19.2 12.5 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
46.4B USD 2 18.9 11.6 21.2
US
Xcel Energy Inc
NASDAQ:XEL
39.3B USD 3 20.9 13 28.6
US
PG&E Corp
NYSE:PCG
38B USD 1.5 15.3 10.1 18.7
P/E Multiple
Earnings Growth PEG
US
Southern Co
NYSE:SO
Average P/E: 18.4
22.7
8%
2.8
US
Nextera Energy Inc
NYSE:NEE
19.6
9%
2.2
ES
Iberdrola SA
MAD:IBE
17.2
7%
2.5
US
Duke Energy Corp
NYSE:DUK
21.3
8%
2.7
IT
Enel SpA
MIL:ENEL
10.9
2%
5.4
US
Constellation Energy Corp
NASDAQ:CEG
18.2
0%
N/A
US
American Electric Power Company Inc
NASDAQ:AEP
19.2
7%
2.7
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -2.5 N/A N/A
US
Exelon Corp
NASDAQ:EXC
18.9
8%
2.4
US
Xcel Energy Inc
NASDAQ:XEL
20.9
10%
2.1
US
PG&E Corp
NYSE:PCG
15.3
17%
0.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Southern Co
NYSE:SO
Average EV/EBITDA: 11.2
12.9
7%
1.8
US
Nextera Energy Inc
NYSE:NEE
16.2
19%
0.9
ES
Iberdrola SA
MAD:IBE
7.4
0%
N/A
US
Duke Energy Corp
NYSE:DUK
12.1
7%
1.7
IT
Enel SpA
MIL:ENEL
6.2
7%
0.9
US
Constellation Energy Corp
NASDAQ:CEG
10.4
-5%
N/A
US
American Electric Power Company Inc
NASDAQ:AEP
12.5
11%
1.1
FR
Electricite de France SA
PAR:EDF
Negative Multiple: -5.4 N/A N/A
US
Exelon Corp
NASDAQ:EXC
11.6
9%
1.3
US
Xcel Energy Inc
NASDAQ:XEL
13
14%
0.9
US
PG&E Corp
NYSE:PCG
10.1
11%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Southern Co
NYSE:SO
Average EV/EBIT: 20.3
22.6
6%
3.8
US
Nextera Energy Inc
NYSE:NEE
29.4
24%
1.2
ES
Iberdrola SA
MAD:IBE
12.3
1%
12.3
US
Duke Energy Corp
NYSE:DUK
21.8
8%
2.7
IT
Enel SpA
MIL:ENEL
9.7
7%
1.4
US
Constellation Energy Corp
NASDAQ:CEG
17
2%
8.5
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
21.2
9%
2.4
US
Xcel Energy Inc
NASDAQ:XEL
28.6
22%
1.3
US
PG&E Corp
NYSE:PCG
18.7
15%
1.2