Assessing Potential US Nuclear Plant-Data Center Partnerships
We reaffirm our fair value estimates and economic moat ratings for US utilities as we assess potential partnerships between data centers and nuclear plants.
We reaffirm our fair value estimates and economic moat ratings for US utilities as we assess potential partnerships between data centers and nuclear plants.
Duke's regulated utilities provide a stable source of earnings. The company's large capital expenditure plan should drive rate base and earnings growth for the next several years. We think Duke can achieve the high end of management's 5%-7% earnings growth target.
Equity issuances and capital investment delays have hurt management's relationships with key stakeholders.
Metric
|
DUK
|
AEP
|
NEE
|
---|---|---|---|
Price/Earnings (Normalized) | 18.51 | 18.17 | 25.18 |
Price/Book Value | 1.84 | 2.04 | 3.51 |
Price/Sales | 2.93 | 2.71 | 6.65 |
Price/Cash Flow | 8.55 | 8.28 | 12.39 |
Metric
|
DUK
|
AEP
|
NEE
|
---|---|---|---|
Quick Ratio | 0.33 | 0.32 | 0.28 |
Current Ratio | 0.81 | 0.65 | 0.49 |
Interest Coverage | 2.60 | 2.34 | 2.73 |
Metric
|
DUK
|
AEP
|
NEE
|
---|---|---|---|
Return on Assets (Normalized) | 2.61% | 2.79% | 2.55% |
Return on Equity (Normalized) | 9.93% | 10.73% | 9.48% |
Return on Invested Capital (Normalized) | 5.74% | 6.00% | 5.59% |
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|---|
NextEra Energy Inc
NEE
| Fvjhmycyzf | Xzmtdg | $172.3 Bil | |||
Southern Co
SO
| Pvvhkhjjw | Bglcbgv | $98.9 Bil | |||
National Grid PLC ADR
NGG
| Qrhzlcgtf | Stqfq | $64.0 Bil | |||
American Electric Power Co Inc
AEP
| Yvkjxmd | Qxvjbx | $53.4 Bil | |||
PG&E Corp
PCG
| Khqljkhvq | Mws | $51.5 Bil | |||
Dominion Energy Inc
D
| Sfpkzhjzc | Rvrsjj | $48.9 Bil | |||
Public Service Enterprise Group Inc
PEG
| Vthvsrlyd | Fnszhr | $45.8 Bil | |||
Exelon Corp
EXC
| Dbjhskv | Wdgct | $40.2 Bil | |||
Consolidated Edison Inc
ED
| Svtdssmh | Zjrx | $35.7 Bil |