Post by
born2trade on Mar 04, 2021 4:43pm
Long term hold
Good luck to all longs !!
initiated half position at $30.01 today for long term hold. very rare to find top quality utilities trading at such a steep discount .
- current price 5.4 times cash flow vs 5-year average of 7.55 and industry average of 10.1
- current price 1.6 times book value vs 5-year average of 1.98 and industry average of 1.89
valuation turns out to be $41.2 /share based on 5-year average multiple of current cash flow = 40% return on capital +6% dividend =46% potential upside .
Comment by
Pingopallie12 on Mar 08, 2021 7:20pm
Over valued it is trading at 24 times earnings. utlities trade at 17. EPS is 1.32 x 17 = $ 22
Comment by
GOBOGOH on Mar 11, 2021 8:20am
Capharaun, Excellent post. It is rare to read a post so well constructed with facts and logic. Thanks