PNM:NYE-PNM Resources Inc. (Holding Co.) (USD)

EQUITY | Utilities - Regulated Electric | New York Stock Exchange

Last Closing

USD 36.29

Change

-0.40 (-1.09)%

Market Cap

USD 2.58B

Volume

0.45M

Analyst Target

USD 46.78
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

PNM Resources Inc is an investor-owned holding company with two regulated utilities providing electricity and electric services in New Mexico and Texas. Its electric utilities are PNM and TNMP.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-23 )

Largest Industry Peers for Utilities - Regulated Electric

Symbol Name Price(Change) Market Cap
NEE Nextera Energy Inc

+1.29 (+1.87%)

USD 131.72B
NEE-PR Nextera Energy Inc

+0.71 (+1.71%)

USD 103.76B
SO Southern Company

+0.52 (+0.69%)

USD 76.27B
DUK Duke Energy Corporation

+0.95 (+0.96%)

USD 73.99B
DUK-PA Duke Energy Corporation

+0.14 (+0.56%)

USD 61.11B
NGG National Grid PLC ADR

+0.72 (+1.06%)

USD 48.36B
PCG PG&E Corp

+0.04 (+0.23%)

USD 44.06B
D Dominion Energy Inc

+0.24 (+0.47%)

USD 40.68B
PEG Public Service Enterprise Grou..

+0.43 (+0.61%)

USD 33.17B
ED Consolidated Edison Inc

+0.31 (+0.33%)

USD 30.97B

ETFs Containing PNM

N/A

Market Performance

  Market Performance vs. Industry/Classification (Utilities - Regulated Electric) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -12.76% 11% F 12% F
Dividend Return 0.93% 34% F 47% F
Total Return -11.83% 11% F 12% F
Trailing 12 Months  
Capital Gain -25.59% 8% B- 10% F
Dividend Return 3.06% 33% F 45% F
Total Return -22.53% 8% B- 10% F
Trailing 5 Years  
Capital Gain -20.29% 25% F 26% F
Dividend Return 14.62% 13% F 57% F
Total Return -5.67% 22% F 24% F
Average Annual (5 Year Horizon)  
Capital Gain -2.72% 36% F 28% F
Dividend Return 0.09% 28% F 28% F
Total Return 2.82% 21% F 58% F
Risk Return Profile  
Volatility (Standard Deviation) 13.86% 50% F 71% C-
Risk Adjusted Return 0.66% 28% F 28% F
Market Capitalization 2.58B 14% F 71% C-

Key Financial Ratios

  Ratio vs. Industry/Classification (Utilities - Regulated Electric) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 95.90 8% 18%
Price/Book Ratio 1.43 72% 55%
Price / Cash Flow Ratio 6.09 70% 55%
Price/Free Cash Flow Ratio 13.12 13% 30%
Management Effectiveness  
Return on Equity 4.56% 11% 39%
Return on Invested Capital 4.68% 17% 42%
Return on Assets 1.46% 14% 39%
Debt to Equity Ratio 179.68% 27% 19%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.