2.61%
-0.78%
-6.24%
5.09%
44.56%
26.00%
41.60%

Company Description

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid-Atlantic United States.It operates through two segments, PSE&G and PSEG Power.The PSE&G segment transmits electricity; distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and energy efficiency and related programs; and offers appliance services and repairs.


As of December 31, 2021, it had electric transmission and distribution system of 25,000 circuit miles and 862,000 poles; 56 switching stations with an installed capacity of 39,353 megavolt-amperes (MVA), and 235 substations with an installed capacity of 9,285 MVA; four electric distribution headquarters and five electric sub-headquarters; and 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 58 natural gas metering and regulating stations.Public Service Enterprise Group Incorporated was incorporated in 1985 and is based in Newark, New Jersey.

Market Data

Last Price 83.83
Change Percentage 2.61%
Open 82.7
Previous Close 81.7
Market Cap ( Millions) 41766
Volume 2923242
Year High 95.22
Year Low 57.24
M A 50 87.47
M A 200 80.97

Financial Ratios

FCF Yield -2.13%
Dividend Yield 2.86%
ROE 12.88%
Debt / Equity 137.10%
Net Debt / EBIDTA 490.64%
Price To Book 2.59
Price Earnings Ratio 20.54
Price To FCF -46.88
Price To sales 4.0
EV / EBITDA 14.28

News

Business Breakdown

Expected Mid-Term Growth

Segment n°1 -> Public Service Electric and Gas Company

Expected Growth : 1.0 %

What the company do ?

Public Service Electric and Gas Company is a utility company providing electric and gas services to New Jersey, part of Public Service Enterprise Group Incorporated.

Why we expect these perspectives ?

Public Service Electric and Gas Company's 1.0% growth is driven by increasing demand for electricity and natural gas, infrastructure investments, and rate base growth. Additionally, the company's focus on energy efficiency and renewable energy initiatives contributes to its steady growth. Furthermore, the company's strong operational performance and cost management efforts also support its growth.

Segment n°2 -> Public Service Enterprise Group Incorporated Power & Other

Expected Growth : 1.0 %

What the company do ?

Public Service Enterprise Group Incorporated's Power & Other segment includes the company's fossil, nuclear, and renewable generation operations, as well as energy trading and marketing activities.

Why we expect these perspectives ?

PSEG's Power & Other segment's 1.0% growth is driven by increasing demand for electricity, investments in transmission and distribution infrastructure, and favorable regulatory policies. Additionally, the company's focus on renewable energy sources, such as wind and solar, contributes to growth. Furthermore, PSEG's diversified customer base and cost management efforts also support segment growth.

Segment n°3 -> Eliminations

Expected Growth : 1.0 %

What the company do ?

Eliminations from Public Service Enterprise Group Incorporated refer to the removal of intercompany transactions and balances to present a consolidated financial statement.

Why we expect these perspectives ?

PSEG's 1.0% growth is driven by increased investments in transmission and distribution infrastructure, favorable weather conditions, and a growing customer base. Additionally, the company's focus on renewable energy and energy efficiency initiatives contributes to its steady growth. These fundamental drivers position PSEG for continued stability and modest growth in the utility sector.

Public Service Enterprise Group Incorporated Products

Product Range What is it ?
Electricity Generation Public Service Enterprise Group Incorporated generates electricity through its power plants, which use a diverse range of fuels including nuclear, coal, gas, and oil.
Electricity Transmission and Distribution The company owns and operates a network of transmission and distribution lines, substations, and other infrastructure to deliver electricity to customers.
Natural Gas Distribution Public Service Enterprise Group Incorporated distributes natural gas to customers through its network of pipelines and infrastructure.
Renewable Energy The company invests in and operates renewable energy projects, including solar and wind farms.
Energy Efficiency Public Service Enterprise Group Incorporated offers energy efficiency programs and services to help customers reduce energy consumption.
Energy Management The company provides energy management services to help customers optimize their energy usage and reduce costs.

Public Service Enterprise Group Incorporated's Porter Forces

The threat of substitutes for Public Service Enterprise Group Incorporated is moderate due to the availability of alternative energy sources and the increasing adoption of renewable energy.

The bargaining power of customers is low due to the lack of alternatives and the regulated nature of the industry, which limits the ability of customers to negotiate prices.

The bargaining power of suppliers is moderate due to the presence of multiple suppliers and the ability of Public Service Enterprise Group Incorporated to negotiate prices.

The threat of new entrants is low due to the high barriers to entry, including the need for significant capital investment and regulatory approvals.

The intensity of rivalry is high due to the presence of multiple competitors and the ongoing competition for market share.

Capital Structure

Value
Debt Weight 56.87%
Debt Cost 4.05%
Equity Weight 43.13%
Equity Cost 6.81%
WACC 5.24%
Leverage 131.85%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
ED Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.5 million customers in …
DUK Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and …
EIX Edison International, through its subsidiaries, generates and distributes electric power. It delivers electricity to 15 million residential, commercial, industrial, public authorities, agricultural, and other customers across Southern, Central, and Coastal …
AEP American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United …
SO The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
83.83$
Current Price
83.83$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

🥇

American Electric Power Logo
American Electric Power
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

🥈

ConEd Logo
ConEd
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

🥉

Duke Energy Logo
Duke Energy
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

4

PSEG Logo
PSEG
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

5

Edison Logo
Edison
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

6

Southern Logo
Southern
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->