$144.00
-32.5% vs S&P 12m
Business overview
Integrated retail and merchant generation with nuclear, gas, and battery storage; expanding AI campus colo conversations.
Similar nuclear/PPA thesis to CEG with higher gas exposure; merchant power upside if AI load growth holds.
Products
- Nuclear
- Gas-fired generation
- Storage
Customers (2)
- Retail
- Industrial
Competitors (2)
- Constellation
- Talen Energy
Composite score
Higher = stronger overall research case
Fundamental63
Technical28
Valuation20
AI relevance72
Risk-adjusted (higher = safer)57
Segment-relative fundamental percentile: 67
Synthetic 1Y price action
Deterministic price series; 50d (yellow) and 200d (orange) MAs shown
3M RS: -24.8%6M RS: -29.1%12M RS: -32.5%Vol30d: 45%DD52w: -33.9%
Financial summary
Curated, illustrative
Revenue
$19.45B
Growth (YoY)
43.4%
Gross margin
38.6%
Operating margin
26.6%
FCF
$476.88M
Capex
$4.19B
Net cash / (debt)
$-19.27B
ROIC
6.0%
Customer conc.
Medium
Valuation
Market cap
$48.55B
Enterprise value
$67.82B
P/E (TTM)
24.1x
Forward P/E
13.0x
EV / Sales
3.5x
EV / EBITDA
10.0x
P / FCF
101.8x
PEG
1.1x
Rule of 40
—
Risks
Severity 1 (low) to 5 (severe)
- 3Commodity power price
Score components
What drove the composite
Growth96
Profitability78
Cash generation33
Balance sheet42
Moat / AI relevance75
Capital intensity (higher = lighter)34
Customer diversification60
Valuation discipline (dilution)65
Trend (MA50/MA200)5
Momentum (3/6/12m)34
Relative strength45
Realized vol (higher = lower vol)48
Segment peers
Other companies in Power & grid