(CEG) Constellation Energy - Ratings and Ratios
Electricity, Natural Gas, Renewable Energy
CEG EPS (Earnings per Share)
CEG Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 46.4% |
| Value at Risk 5%th | 77.3% |
| Relative Tail Risk | -15.74% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.90 |
| Alpha | 28.41 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.348 |
| Beta | 1.673 |
| Beta Downside | 1.861 |
| Drawdowns 3y | |
|---|---|
| Max DD | 50.70% |
| Mean DD | 10.80% |
| Median DD | 8.41% |
Description: CEG Constellation Energy September 25, 2025
Constellation Energy Corporation (NASDAQ: CEG) is a U.S.-based electric utility that markets electricity, natural gas, and related energy services across five geographic segments-Mid-Atlantic, Midwest, New York, ERCOT, and “Other Power Regions.” The firm’s generation fleet totals roughly 31,676 MW and is diversified among nuclear (≈ 30 % of capacity), natural-gas combined-cycle (≈ 45 %), wind, solar, and hydroelectric assets. Its customer base spans distribution utilities, municipalities, cooperatives, and a mix of commercial, industrial, public-sector, and residential end-users.
According to the company’s 2023 Form 10-K (filed Feb 2024), CEG reported total revenue of $13.2 billion, an adjusted EBITDA of $3.1 billion, and a net profit margin of 4.2 %. The utility’s renewable generation (wind + solar) grew to ≈ 2,200 MW in 2023, up 12 % year-over-year, reflecting continued investment in its clean-energy pipeline. A key operating metric for utilities-capacity factor-averaged 92 % for its nuclear fleet, indicating high utilization relative to industry averages (~85 %). These figures are based on publicly filed reports; any post-filed operational changes are not captured.
Two macro-level drivers dominate CEG’s outlook. First, natural-gas price volatility remains a double-edged sword: higher spot prices boost short-term margins on gas-fired plants but increase input-cost pressure for residential and commercial customers, potentially dampening demand growth. Second, federal and state renewable-energy incentives (e.g., Production Tax Credits and Investment Tax Credits) are set to phase down through 2025, creating a timing risk for the firm’s planned 3-GW renewable expansion. The broader electric-utility sector is also feeling the impact of evolving capacity-market rules and increasing emphasis on grid-modernization investments, which can affect capital-expenditure allocation.
For a deeper, data-driven dive into CEG’s valuation sensitivities and peer-group benchmarks, you might find the analytical tools on ValueRay useful.
CEG Stock Overview
| Market Cap in USD | 111,963m |
| Sub-Industry | Electric Utilities |
| IPO / Inception | 2022-02-02 |
| Return 12m vs S&P 500 | 31.8% |
| Analyst Rating | 4.38 of 5 |
CEG Dividends
| Dividend Yield | 0.34% |
| Yield on Cost 5y | 2.86% |
| Yield CAGR 5y | 58.23% |
| Payout Consistency | 100.0% |
| Payout Ratio | 16.3% |
CEG Growth Ratios
| CAGR 3y | 55.50% |
| CAGR/Max DD Calmar Ratio | 1.09 |
| CAGR/Mean DD Pain Ratio | 5.14 |
| Current Volume | 2732.8k |
| Average Volume | 2753.7k |
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (2.74b TTM) > 0 and > 6% of Revenue (6% = 1.49b TTM) |
| FCFTA -0.06 (>2.0%) and ΔFCFTA 7.66pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -20.35% (prev 15.92%; Δ -36.27pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.54 (>3.0%) and CFO 2.42b <= Net Income 2.74b (YES >=105%, WARN >=100%) |
| Net Debt (7.27b) to EBITDA (4.84b) ratio: 1.50 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.32 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (314.0m) change vs 12m ago 0.0% (target <= -2.0% for YES) |
| Gross Margin 64.70% (prev 20.70%; Δ 44.00pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 88.20% (prev 46.27%; Δ 41.93pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 3.01 (EBITDA TTM 4.84b / Interest Expense TTM 1.02b) >= 6 (WARN >= 3) |
Altman Z'' -2.23
| (A) -1.12 = (Total Current Assets 2.40b - Total Current Liabilities 7.46b) / Total Assets 4.50b |
| (B) 1.24 = Retained Earnings (Balance) 5.59b / Total Assets 4.50b |
| warn (B) unusual magnitude: 1.24 — check mapping/units |
| (C) 0.11 = EBIT TTM 3.06b / Avg Total Assets 28.17b |
| (D) 0.35 = Book Value of Equity 14.35b / Total Liabilities 41.47b |
| Total Rating: -2.23 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 54.01
| 1. Piotroski 6.0pt = 1.0 |
| 2. FCF Yield -0.23% = -0.11 |
| 3. FCF Margin -1.11% = -0.42 |
| 4. Debt/Equity 0.63 = 2.31 |
| 5. Debt/Ebitda 1.50 = 0.96 |
| 6. ROIC - WACC (= -2.18)% = -2.73 |
| 7. RoE 20.32% = 1.69 |
| 8. Rev. Trend -22.28% = -1.67 |
| 9. EPS Trend 59.65% = 2.98 |
What is the price of CEG shares?
Over the past week, the price has changed by -5.54%, over one month by -13.10%, over three months by +3.90% and over the past year by +51.10%.
Is Constellation Energy a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CEG is around 416.13 USD . This means that CEG is currently undervalued and has a potential upside of +22.93% (Margin of Safety).
Is CEG a buy, sell or hold?
- Strong Buy: 10
- Buy: 2
- Hold: 4
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the CEG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 406.3 | 20% |
| Analysts Target Price | 406.3 | 20% |
| ValueRay Target Price | 477 | 40.9% |
CEG Fundamental Data Overview November 09, 2025
P/E Trailing = 41.0057
P/E Forward = 31.746
P/S = 4.511
P/B = 8.3053
P/EG = 3.6314
Beta = 1.13
Revenue TTM = 24.84b USD
EBIT TTM = 3.06b USD
EBITDA TTM = 4.84b USD
Long Term Debt = 7.38b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.77b USD (from shortTermDebt, last quarter)
Debt = 9.04b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.27b USD (from netDebt column, last quarter)
Enterprise Value = 120.88b USD (111.96b + Debt 9.04b - CCE 120.0m)
Interest Coverage Ratio = 3.01 (Ebit TTM 3.06b / Interest Expense TTM 1.02b)
FCF Yield = -0.23% (FCF TTM -276.0m / Enterprise Value 120.88b)
FCF Margin = -1.11% (FCF TTM -276.0m / Revenue TTM 24.84b)
Net Margin = 11.03% (Net Income TTM 2.74b / Revenue TTM 24.84b)
Gross Margin = 64.70% ((Revenue TTM 24.84b - Cost of Revenue TTM 8.77b) / Revenue TTM)
Gross Margin QoQ = 100.0% (prev 18.00%)
Tobins Q-Ratio = 26.88 (Enterprise Value 120.88b / Total Assets 4.50b)
Interest Expense / Debt = 7.33% (Interest Expense 662.0m / Debt 9.04b)
Taxrate = 33.41% (466.0m / 1.40b)
NOPAT = 2.04b (EBIT 3.06b * (1 - 33.41%))
Current Ratio = 0.32 (Total Current Assets 2.40b / Total Current Liabilities 7.46b)
Debt / Equity = 0.63 (Debt 9.04b / totalStockholderEquity, last quarter 14.35b)
Debt / EBITDA = 1.50 (Net Debt 7.27b / EBITDA 4.84b)
Debt / FCF = -26.33 (negative FCF - burning cash) (Net Debt 7.27b / FCF TTM -276.0m)
Total Stockholder Equity = 13.48b (last 4 quarters mean from totalStockholderEquity)
RoA = 60.91% (Net Income 2.74b / Total Assets 4.50b)
RoE = 20.32% (Net Income TTM 2.74b / Total Stockholder Equity 13.48b)
RoCE = 14.66% (EBIT 3.06b / Capital Employed (Equity 13.48b + L.T.Debt 7.38b))
RoIC = 9.45% (NOPAT 2.04b / Invested Capital 21.55b)
WACC = 11.63% (E(111.96b)/V(121.00b) * Re(12.18%) + D(9.04b)/V(121.00b) * Rd(7.33%) * (1-Tc(0.33)))
Discount Rate = 12.18% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.15%
Fair Price DCF = unknown (Cash Flow -276.0m)
EPS Correlation: 59.65 | EPS CAGR: 246.1% | SUE: -0.10 | # QB: 0
Revenue Correlation: -22.28 | Revenue CAGR: -3.92% | SUE: 0.01 | # QB: 0
Additional Sources for CEG Stock
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Fund Manager Positions: Dataroma | Stockcircle