(CEG) Constellation Energy - Ratings and Ratios
Electricity, Natural Gas, Renewable Energy
CEG EPS (Earnings per Share)
CEG Revenue
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 | 123,878m |
| Sub-Industry | Electric Utilities |
| IPO / Inception | 2022-02-02 |
CEG Stock Ratings
| Growth Rating | 87.9% |
| Fundamental | 55.2% |
| Dividend Rating | 65.0% |
| Return 12m vs S&P 500 | 14.3% |
| Analyst Rating | 4.38 of 5 |
CEG Dividends
| Dividend Yield 12m | 0.43% |
| Yield on Cost 5y | 3.73% |
| Annual Growth 5y | 58.23% |
| Payout Consistency | 100.0% |
| Payout Ratio | 16.4% |
CEG Growth Ratios
| Growth Correlation 3m | 47.4% |
| Growth Correlation 12m | 67.4% |
| Growth Correlation 5y | 96.7% |
| CAGR 5y | 60.00% |
| CAGR/Max DD 3y (Calmar Ratio) | 1.18 |
| CAGR/Mean DD 3y (Pain Ratio) | 5.63 |
| Sharpe Ratio 12m | 0.69 |
| Alpha | 13.36 |
| Beta | 1.120 |
| Volatility | 43.15% |
| Current Volume | 3561.8k |
| Average Volume 20d | 2882.9k |
| Stop Loss | 326.4 (-6.8%) |
| Signal | -0.63 |
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (3.01b TTM) > 0 and > 6% of Revenue (6% = 1.49b TTM) |
| FCFTA -0.05 (>2.0%) and ΔFCFTA 10.83pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 11.99% (prev 8.71%; Δ 3.28pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.01 (>3.0%) and CFO 456.0m <= Net Income 3.01b (YES >=105%, WARN >=100%) |
| Net Debt (6.25b) to EBITDA (6.39b) ratio: 0.98 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.48 (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 -0.63% (target <= -2.0% for YES) |
| Gross Margin 20.70% (prev 19.34%; Δ 1.37pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 47.56% (prev 45.86%; Δ 1.70pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 8.35 (EBITDA TTM 6.39b / Interest Expense TTM 501.0m) >= 6 (WARN >= 3) |
Altman Z'' 1.56
| (A) 0.06 = (Total Current Assets 9.23b - Total Current Liabilities 6.26b) / Total Assets 53.04b |
| (B) 0.09 = Retained Earnings (Balance) 4.78b / Total Assets 53.04b |
| (C) 0.08 = EBIT TTM 4.18b / Avg Total Assets 52.19b |
| (D) 0.34 = Book Value of Equity 13.45b / Total Liabilities 39.23b |
| Total Rating: 1.56 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 55.16
| 1. Piotroski 5.50pt = 0.50 |
| 2. FCF Yield -1.84% = -0.92 |
| 3. FCF Margin -9.66% = -3.62 |
| 4. Debt/Equity 0.62 = 2.31 |
| 5. Debt/Ebitda 0.98 = 1.80 |
| 6. ROIC - WACC (= 3.23)% = 4.03 |
| 7. RoE 23.08% = 1.92 |
| 8. Rev. Trend -26.37% = -1.98 |
| 9. EPS Trend 22.24% = 1.11 |
What is the price of CEG shares?
Over the past week, the price has changed by -13.34%, over one month by +0.85%, over three months by +10.29% and over the past year by +32.39%.
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 434.86 USD . This means that CEG is currently undervalued and has a potential upside of +24.22% (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 | 381.3 | 8.9% |
| Analysts Target Price | 381.3 | 8.9% |
| ValueRay Target Price | 489.5 | 39.8% |
CEG Fundamental Data Overview October 18, 2025
P/E Trailing = 41.3052
P/E Forward = 31.746
P/S = 4.9911
P/B = 8.3053
P/EG = 3.6314
Beta = 1.12
Revenue TTM = 24.82b USD
EBIT TTM = 4.18b USD
EBITDA TTM = 6.39b USD
Long Term Debt = 7.29b USD (from longTermDebt, last quarter)
Short Term Debt = 1.02b USD (from shortTermDebt, last quarter)
Debt = 8.31b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.25b USD (from netDebt column, last quarter)
Enterprise Value = 130.13b USD (123.88b + Debt 8.31b - CCE 2.06b)
Interest Coverage Ratio = 8.35 (Ebit TTM 4.18b / Interest Expense TTM 501.0m)
FCF Yield = -1.84% (FCF TTM -2.40b / Enterprise Value 130.13b)
FCF Margin = -9.66% (FCF TTM -2.40b / Revenue TTM 24.82b)
Net Margin = 12.12% (Net Income TTM 3.01b / Revenue TTM 24.82b)
Gross Margin = 20.70% ((Revenue TTM 24.82b - Cost of Revenue TTM 19.68b) / Revenue TTM)
Gross Margin QoQ = 18.00% (prev 12.65%)
Tobins Q-Ratio = 2.45 (Enterprise Value 130.13b / Total Assets 53.04b)
Interest Expense / Debt = 1.42% (Interest Expense 118.0m / Debt 8.31b)
Taxrate = 34.56% (440.0m / 1.27b)
NOPAT = 2.74b (EBIT 4.18b * (1 - 34.56%))
Current Ratio = 1.48 (Total Current Assets 9.23b / Total Current Liabilities 6.26b)
Debt / Equity = 0.62 (Debt 8.31b / totalStockholderEquity, last quarter 13.45b)
Debt / EBITDA = 0.98 (Net Debt 6.25b / EBITDA 6.39b)
Debt / FCF = -2.61 (negative FCF - burning cash) (Net Debt 6.25b / FCF TTM -2.40b)
Total Stockholder Equity = 13.03b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.67% (Net Income 3.01b / Total Assets 53.04b)
RoE = 23.08% (Net Income TTM 3.01b / Total Stockholder Equity 13.03b)
RoCE = 20.59% (EBIT 4.18b / Capital Employed (Equity 13.03b + L.T.Debt 7.29b))
RoIC = 12.79% (NOPAT 2.74b / Invested Capital 21.41b)
WACC = 9.56% (E(123.88b)/V(132.19b) * Re(10.14%) + D(8.31b)/V(132.19b) * Rd(1.42%) * (1-Tc(0.35)))
Discount Rate = 10.14% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -0.94%
Fair Price DCF = unknown (Cash Flow -2.40b)
EPS Correlation: 22.24 | EPS CAGR: -9.18% | SUE: -3.06 | # QB: 0
Revenue Correlation: -26.37 | Revenue CAGR: 0.30% | SUE: 0.79 | # QB: 0
Additional Sources for CEG Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle