QualityDipStocks / Utilities · Electric utilities
Eversource Energy ES
Outside our quality screen, so we don’t track its dips. It’s 10% below its 52-week high.
Outside our quality screen, trading well above our fair value estimate.
- Fair value est.
- $12.73−81%
- Market Value
- $68.12price +1%
- Off 52-wk high
- −10%
- Risk vs market
- Lowbeta 0.00
4 bullish · 5 bearish See why
Key levels
Every level vs today’s $68.55
- Fair value est.base case$12.73−81.4%
- 52-wk lowlowest close, 1 year$63.28−7.7%
- Market Valueavg paid since Jul 30$68.12−0.6%
- PriceFri Oct 30 close$68.55you are here
- 52-wk highhighest close, 1 year$76.21+11.2%
Fair value estimate
How the range is computed
Ten-year free-cash-flow DCF. Same 10-year free-cash-flow model as the base: discount rate 9.5% ±1 point and growth 3.3% ±2 points. Bear = 10.5% and 1.3%; bull = 8.5% and 5.3% (both fade to 3%). A model estimate from public filings, not a forecast of where the price will go.
Price is above even the bull case.
What the price implies To be worth today’s price, ES’s free cash flow would need to grow about 35% a year for five years; our estimate uses 3%.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much ES moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Has moved mostly independently of the market, but its own price swings are 1.9× the S&P 500’s (it moves on its own news).
- Beta vs S&P 500
- 0.00
- Volatility
- 24% vs 13% SPY
- Correlation SPY
- 0.00
- Correlation QQQ
- −0.12
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 4 of 5
GrowthDiluted EPS grew 101% to $4.56 in FY2025.
Cash returnsDividend yield of 4.4% ($1.1B paid over 12 months, 78% of earnings).
ValuationEV/EBITDA of 10.0×, below the 13.5× median for the 43 Utilities companies we cover.
ValuationP/E of 17.8×, below the 21.2× median for the 55 Utilities companies we cover.
Top bearish points 5 of 5
ValuationOur DCF fair value estimate is $12.73, 81% below the price.
Balance sheetNet debt of $27.3B, 106% of the market cap (Jun 30, 2026).
Balance sheetOperating income covers interest only 2.2× over the last 12 months.
ProfitabilityReturn on invested capital of 5%, below the 9.5% discount rate our DCF uses.
QualityDoesn’t pass our quality screen: ROE under 12% and ROIC under 10%; net debt 5.7× EBITDA (limit 3×).
Who’s talking about it
Notable investors, executives, analysts and public figures on Eversource Energy in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 1, 9:09 PM ET.
Compare with peers
Closest in size in Electric utilities
All fundamentals
P/E 17.8 · FCF yield 1.2% · ROE 9%
Valuation
- P/E
- 17.8×Utilities median 21.2×
- Price / FCF
- 86.8×
- FCF yield
- 1.2%
- EV / EBITDA
- 10.0×
- Price / sales
- 1.85×
- Price / book
- 1.58×
- Market cap
- $25.8Bprice × diluted shares
- Enterprise value
- $53.1B
Growth
- Revenue, 12 months
- $14.0B
- Sales growth, 12 months
- +7.8%vs the 12 months before
- Sales growth, 3 yrs
- +3.3%/yrfrom FY2022
- Diluted EPS, 12 months
- $3.86
- EPS growth, last FY
- +100.9%
- Net income, 12 months
- $1.4B
- Net income growth
- +69%12 months vs before
Profitability
- Gross margin
- n/agross profit isn't reported (common for service and financial companies)
- Operating margin
- 21.5%
- Net margin
- 10.4%
- FCF margin
- 2.1%
- Return on equity
- 9%
- Return on invested capital
- 5%
Balance sheet
- Cash & short-term inv.
- $1.8B
- Total debt
- $29.1B
- Net cash
- −$27.3B
- Debt / equity
- 1.78×
- Interest coverage
- 2.2×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- $298M
- FCF growth, 12 months
- n/anot reported in its SEC filings
- Dividend yield
- 4.38%$1.1B paid
- Payout ratio
- 78%
- Buybacks, 12 months
- n/anot reported in its SEC filings
- Share count, 1 year
- +2.2%diluted shares vs a year ago
- Stock-based comp
- n/anot reported in its SEC filings
Trailing 12 months to Jun 30, 2026; balance sheet at Jun 30, 2026. From Eversource Energy’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
Valuation details
DCF $12.73 · MV $68.12
Assumes 3.3% growth for 5 years (revenue grew 3.3% a year FY22–FY25), fading to 3%; 9.5% discount rate, 3% terminal growth. FCF base $0.79 a share (trailing 12 months to Jun 30, 2026), from the 10-Q filed Aug 3, 2026. Net debt $27.3B, not deducted.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Momentum & 52-week range
RSI 59 · 5 days +1.6%
The business
FCF $-1.0B · Sales +9%
- Free cash flow, 12 months−$1.0B
- Free-cash-flow yield−3.9%
- Free-cash-flow margin−7%
- Gross margin85%
- Operating margin22%
- Return on invested capital5%
- Return on equity9%
- Sales growth (latest quarter vs year-ago quarter)+9%
- Net debt / EBITDA5.7×
Next report
Nov 4
- DateWed Nov 4, after the close
- Consensus EPS$0.97
- Year-ago EPS$1.19
- QuarterSep/2026
From Nasdaq’s earnings calendar. A report resets Market Value.
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.
ES is outside our quality screen
One text when a published rule fires on one of the 333 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.