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PG&E Corp (PCG)

Sous-évalué
UtilitiesUtilities - Regulated ElectricUnited States

Fondamental

51

Prix

$12.25

Capitalisation boursière

$35.88B

Partie 1 · Ce que vaut l'entreprise

Vue d'ensemble

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cells, and photovoltaic sources. The company owns and operates interconnected transmission lines; electric transmission substations, distribution lines, switching and distribution substations; and natural gas transmission, storage, and distribution systems consisting of distribution pipelines, backbone and local transmission pipelines, and various storage facilities. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. The company was incorporated in 1995 and is based in Oakland, California.

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Direct competitors

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Bilan & Liquidités

Chiffre d'affaires

$25.84B

12 derniers mois (au 30/06/2026)

Résultat net

$3.17B

12 derniers mois (au 30/06/2026)

Flux de trésorerie libre

$-3.07B

Capitaux propres totaux

$32.54B

Passif total

$108.82B

Ratio de liquidité général

1.22

Couverture des intérêts

1.67

Dette/EBITDA

6.19

Bénéfice par action

Chiffre d'affaires & Résultat net

Flux de trésorerie libre

Décomposition du résultat

État historique

Marges dans le temps

La dette dans le temps

Le poids de la dette

Grille de la croissance

Croissance — Chiffre d'affaires

Estimation de la juste valeur

Service public réguléSous-évalué

Juste valeur

$18.18

Prix actuel

$12.25

Marge de sécurité

+32.6%

Fourchette de juste valeur

$11.82 - $24.55

Écart entre les méthodes de valorisation utilisées, pas un intervalle de confiance calibré statistiquement.

Méthodes d'estimation

Objectif de cours des analystes:$19.22
Flux de trésorerie actualisés (DCF):$50.91
Multiple de résultat (P/E):$10.18
Formule de croissance de Graham:Non applicable à ce type d'entreprise
Valeur de la capacité bénéficiaire (EPV):$22.32
P/B justifié:Non applicable à ce type d'entreprise
Actualisation des dividendes (Gordon):$3.75
P/FFO, les fonds provenant de l'exploitation:Non applicable à ce type d'entreprise
Bénéfices de milieu de cycle:Non applicable à ce type d'entreprise
Multiple sur le chiffre d'affaires:Non applicable à ce type d'entreprise
Consensus des analystes:Acheter (14B / 8H / 0S)
Dernière surprise sur les résultats:+8.70%

Indicateurs de valorisation

Ratio P/E

8.88

ROE

8.3%

Ratio P/B

0.97

P/FCF

-

Marge brute

-

ROIC

3.1%

Radar de rentabilité

Création de valeur (avantage concurrentiel)

ROIC

3.1%

WACC

4.9%

ROIC − WACC

-1.9 pp

Le ROIC est inférieur au coût du capital — l'entreprise détruit de la valeur pour chaque dollar investi.

Critères d'analyse fondamentale

Réussi (14)

  • P/B Ratio 0.97
  • Debt/Equity ratio
  • Operating Margin 20.0%
  • Current Ratio
  • Interest Coverage
  • Low reliance on intangibles
  • Price below Graham Number
  • ROE 9.6%
  • Revenue Growth 5Y 6.2%
  • Analyst Consensus 64% Buy
  • Earnings Surprise avg 10.9%
  • Earnings Quality (OCF/NI) 2.57
  • Net Margin Trend 12.3% vs 10.0%
  • Piotroski F-Score 5/9

Échoué (9)

  • EPS shows upward trend
  • EPS CAGR -4.65%
  • Price CAGR -13.78%
  • ROIC 3.1%
  • Positive Free Cash Flow
  • Debt/EBITDA
  • Return on Tangible Assets
  • DCF valuation (Fairly valued)
  • Share Dilution 4.9%

Indisponible (5)

  • Gross Margin NaN%
  • P/FCF NaN
  • Dividend Payout NaN%
  • CapEx intensity
  • PEG Ratio (need PE > 0 and growth > 0)

Score F de Piotroski

5/9

Signaux mixtes : certains domaines nécessitent attention

score
criteria

Qualité des bénéfices

2.57

Qualité élevée : bénéfices soutenus par la trésorerie

Dilution du capital

4.9%

Émission de nouvelles actions, diluant la participation

Participations institutionnelles

Gouvernance

Équipe dirigeante

NomTitreÂge
Ms. Patricia Kessler PoppeCEO & Director56
Ms. Carolyn J. BurkeCFO & Executive VP58
Mr. Ajay WaghrayExecutive VP & Chief Information Officer63
Mr. John R. SimonEVP, General Counsel, Chief Ethics & Compliance Officer and Corporate Secretary60
Mr. Alejandro T. VallejoExecutive VP & Chief People Officer48
Mr. Jason M. GlickmanExecutive Vice President of Strategy & Growth44
Ms. Marlene M. SantosChief Transformation Officer & Executive VP of Enterprise Transformation Office64
Mr. Sumeet SinghCEO of Pacific Gas & Electric Company and Executive VP of Energy Delivery46
Ms. Stephanie N. WilliamsVP & Controller42
Ms. Carla J. PetermanPresident & Executive VP of Customer & Corporate Affairs46

Risque d'audit

5

Risque du conseil

2

Risque de rémunération

8

Risque droits des actionnaires

1

Partie 2 · Le prix et le moment d'entrer

Cette partie ne dit pas si l'entreprise vaut la peine : elle aide à choisir quand l'acheter, une fois que les fondamentaux vous ont convaincu. À l'intérieur : analyse technique, potentiel, baisses historiques, exposition gamma.

Documents

  • Rapport annuel (10-K)

    Un aperçu annuel de l'activité, des résultats financiers et des risques de l'entreprise.

    Déposé le 2026-02-12

    Voir le document
  • Rapport trimestriel (10-Q)

    Une mise à jour de la performance financière des trois derniers mois.

    Déposé le 2026-07-23

    Voir le document
  • Rapport d'événement important (8-K)

    Un avis concernant un événement important, comme un changement de direction ou une annonce majeure.

    Déposé le 2026-08-31

    Voir le document

via SEC EDGAR

Historique des résultats

via SEC EDGAR

Latest News

Recent headlines for PCG, sourced from Markets Gazette.

  • 8/31/2026NEGATIVE
    PG&E, other utility stocks sink as California leaves investors exposed to wildfire liability

    PG&E Corporation and other utility stocks experienced a significant downturn following a California legislative development. Analysts suggest the new bill prioritizes victim protections over new investor safeguards, potentially increasing the financial exposure of utility companies to wildfire liabilities. This news raises concerns about future earnings and operational stability for utilities operating in California, impacting investor sentiment and potentially leading to a reassessment of risk premiums for the sector.

  • 8/31/2026NEGATIVE
    PG&E, Edison Bond Spreads Widen on Wildfire Liability Fears

    Bonds issued by PG&E Corp. and Edison International experienced a significant widening of their credit spreads on Monday. This negative price action followed the California legislature's rejection of a crucial component of Governor Gavin Newsom's proposed plan. The plan aimed to reallocate wildfire liabilities away from the state's utility companies. The market's reaction suggests investors are concerned about the potential for increased financial burden on these utilities due to wildfire-related risks, impacting their debt instruments.

  • 8/31/2026NEGATIVE
    PG&E, Edison International Stocks Plunge on California Wildfire Bill

    PG&E Corp. and Edison International shares experienced significant declines on Monday following the introduction of unfavorable wildfire legislation in California. This development led to a series of analyst downgrades, casting a shadow over the utility sector. The new legislation is perceived to increase the financial liabilities for utility companies related to wildfire damages, raising concerns about future profitability and operational costs. Investors are reacting to the heightened regulatory and financial risks, prompting a sell-off in these major California-based energy providers.

  • 8/28/2026NEGATIVE
    Newsom Blocked on Push to Shield Utilities From Fire Liabilities

    California Governor Gavin Newsom's initiative to shield publicly traded utilities from certain wildfire liabilities has been thwarted by state lawmakers. This development is a setback for companies like PG&E Corporation, which have faced significant financial burdens from wildfire damage claims. The failure to pass this legislation means utilities will likely continue to bear substantial costs, potentially impacting their profitability and stock valuations. Investors will be closely watching how these ongoing liabilities affect the companies' financial health and future investment plans.

  • 5/18/2026NEGATIVE
    PG&E Cuts Power to Some Customers in California on Fire Risk

    PG&E Corporation has initiated power shutoffs for some customers in California, citing high wildfire risk due to dry and windy weather conditions. This proactive measure, while aimed at preventing potential fires, disrupts service for affected residents and businesses. For investors, such events highlight ongoing operational challenges and regulatory scrutiny related to wildfire prevention, potentially impacting future earnings and increasing insurance costs. The company's stock may face pressure as these risks are factored into market sentiment.

via Markets Gazette