NiSource Inc (NI)
適正価値ファンダメンタル
63
株価
$39.00
時価総額
$18.75B
パート1 · 企業の価値
概要
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations. The company provides natural gas to residential, commercial, and industrial customers through approximately 37,300 miles of distribution main pipeline and the associated individual customer service lines; and 310 miles of transmission main pipeline in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates steam coal generating stations in Wheatfield and Michigan City; combined cycle gas turbine in West Terre Haute; natural gas generating units in Wheatfield; hydro generating plants in Carroll County and White County; wind generating units in White County; and solar generating units in Sullivan County, Gibson County, Jasper County, and White County. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated on 2026年9月19日 with claude-haiku-4-5 — shared with all users
CenterPoint runs the same combination of regulated gas distribution plus regulated electric service in Indiana and gas distribution in Ohio, the two states where NiSource's NIPSCO and Columbia Gas of Ohio operate, so the two compete directly for Midwestern rate-base investment, industrial load and new large customers such as data centres.
Atmos is the closest pure play to NiSource's core business — about three million regulated gas distribution customers against NiSource's 3.5 million — and the two overlap in Kentucky while competing for the same residential and commercial gas users elsewhere in the Midwest and South.
ONE Gas is a purely regulated gas distributor serving more than two million homes and businesses in Oklahoma, Kansas and Texas, offering the same service to the same kind of customer as NiSource's Columbia Gas utilities, in adjacent states rather than the same ones.
Spire distributes regulated natural gas to households and businesses in Missouri, Alabama and Mississippi, the same residential and commercial gas franchise model as NiSource, and bids for the same infrastructure-replacement spending in neighbouring Midwestern territory.
National Fuel Gas distributes regulated natural gas to households and businesses in western Pennsylvania and New York, right beside Columbia Gas of Pennsylvania's territory, and moves Appalachian gas through pipelines that serve the same regional market.
Southwest Gas is another investor-owned regulated gas distributor whose revenue comes almost entirely from residential and small commercial gas delivery in Arizona, Nevada and California, the same business NiSource runs in six eastern and midwestern states.
貸借対照表と流動性
売上高
$11.37B
直近12か月（2026/6/30まで）
純利益
-
直近12か月（2026/6/30まで）
フリーキャッシュフロー
$-420M
自己資本合計
$9.45B
負債合計
$24.20B
流動比率
0.50
利払い倍率
2.87
負債/EBITDA
5.80
一株当たり利益（EPS）
売上高と純利益
フリーキャッシュフロー
収益内訳
財務推移表
利益率の推移
負債の推移
負債の重さ
成長率グリッド
成長率 — 売上高
適正価値の推定
適正価値
$38.88
現在株価
$39.00
安全マージン
-0.3%
適正価値レンジ
$30.13 - $47.63
使用した評価手法間のばらつきであり、統計的に較正された信頼区間ではありません。
推定方法
バリュエーション指標
P/E レシオ
20.05
ROE
9.8%
P/B レシオ
1.95
P/FCF
-
粗利益率
-
ROIC
4.5%
収益性レーダー
価値創造（経済的モート）
ROIC
4.5%
WACC
5.5%
ROIC − WACC
-1.1 pp
ROICが資本コストを下回っています。投資した1ドルごとに企業は価値を破壊しています。
ファンダメンタル分析基準
合格（16）
- EPS shows upward trend
- EPS CAGR 11.86%
- Price CAGR 6.46%
- P/B Ratio 1.95
- Debt/Equity ratio
- Operating Margin 28.1%
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- Low reliance on intangibles
- ROE 9.6%
- Revenue Growth 5Y 7.8%
- Analyst Consensus 83% Buy
- Earnings Quality (OCF/NI) 2.54
- Share Dilution 1.6%
- Piotroski F-Score 6/9
不合格（6）
- ROIC 4.5%
- Positive Free Cash Flow
- Current Ratio
- Price below Graham Number
- DCF valuation (Overvalued)
- Earnings Surprise avg -3.1%
データなし（6）
- Gross Margin NaN%
- P/FCF NaN
- Dividend Payout NaN%
- CapEx intensity
- PEG Ratio (need PE > 0 and growth > 0)
- Net Margin Trend (invalid data)
Piotroski F-スコア
まちまちのシグナル：一部の領域に注意が必要
利益の質
高品質：利益はキャッシュに裏付けられている
株式希薄化
株式数は安定している
機関投資家の保有
ガバナンス
経営陣
| 氏名 | 役職 | 年齢 |
|---|---|---|
| Mr. Lloyd M. Yates | President, CEO & Director | 64 |
| Mr. Shawn Anderson | Executive VP & CFO | 43 |
| Mr. William Jefferson Jr. | Executive VP and Chief Operating & Safety Officer | 63 |
| Mr. Michael S. Luhrs | Executive VP of Technology & Customer and Chief Commercial Officer | 52 |
| Ms. Melody Birmingham | Executive VP & Group President of NiSource Utilities | 53 |
| Mr. Gunnar J. Gode | Senior VP, Chief Accounting & Tax Officer | 50 |
| Ms. Melanie B. Berman | Executive VP of Administration & Chief Human Resources Officer | 54 |
| Mr. Durgesh Chopra | Vice President of Investor Relations | - |
| Ms. Kimberly S. Cuccia | Executive VP, General Counsel & Corporate Secretary | 41 |
| Ms. Angela Sanchez | Vice President of Communications | - |
監査リスク
7
取締役会リスク
3
報酬リスク
5
株主権利リスク
5
パート2 · 株価と買い時
この部分は企業に価値があるかを判断するものではありません。ファンダメンタルズに納得したうえで、いつ買うかを選ぶためのものです。内容：テクニカル分析、ポテンシャル、過去のドローダウン、ガンマエクスポージャー。
業績推移
via SEC EDGAR
Latest News
Recent headlines for NI, sourced from Markets Gazette.
- 5/6/2026NEUTRALNiSource Reports Q1 2026 Results: Full Earnings Call Transcript
NiSource Inc. has released its Q1 2026 earnings call transcript. While the transcript provides a detailed overview of the company's financial performance and strategic outlook, it does not contain specific forward-looking guidance or new material information that would suggest a significant shift in the company's valuation. Investors should review the transcript for qualitative insights into operational performance, management commentary on industry trends, and any disclosed capital expenditure plans or regulatory updates that may impact future earnings. The absence of explicit financial targets or surprises indicates a status quo assessment for the immediate trading period.
- 4/17/2026POSITIVENiSource Teams Up With Alphabet And Amazon To Power AI Data Centers—And Says Your Energy Bills Could Drop By This Much
NiSource Inc. has announced a significant partnership with Alphabet and an expanded deal with Amazon, focusing on powering AI data centers. This collaboration aims to leverage renewable energy sources to meet the substantial power demands of these facilities, while simultaneously promising to reduce energy costs for NiSource's existing customer base. The initiative highlights a strategic move towards sustainable energy solutions and innovation in the utility sector, potentially positioning NiSource as a leader in supporting the growth of AI infrastructure. Investors will be watching for the financial implications of these large-scale contracts and the projected impact on customer bills.
via Markets Gazette