(CEG) Constellation Energy - Ratings and Ratios
Electricity, Natural Gas, Renewable Energy
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.43% |
| Yield on Cost 5y | 3.82% |
| Yield CAGR 5y | 58.23% |
| Payout Consistency | 100.0% |
| Payout Ratio | 16.3% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 58.9% |
| Value at Risk 5%th | 78.7% |
| Relative Tail Risk | -18.76% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.75 |
| Alpha | 23.72 |
| CAGR/Max DD | 1.19 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.403 |
| Beta | 1.667 |
| Beta Downside | 1.871 |
| Drawdowns 3y | |
|---|---|
| Max DD | 50.70% |
| Mean DD | 10.07% |
| Median DD | 8.01% |
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.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income (2.74b TTM) > 0 and > 6% of Revenue (6% = 1.53b TTM) |
| FCFTA -0.00 (>2.0%) and ΔFCFTA 13.31pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 16.48% (prev 15.92%; Δ 0.56pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.04 (>3.0%) and CFO 2.42b <= Net Income 2.74b (YES >=105%, WARN >=100%) |
| Net Debt (4.95b) to EBITDA (6.03b) ratio: 0.82 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.56 (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 19.43% (prev 20.70%; Δ -1.26pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 47.14% (prev 46.27%; Δ 0.87pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 8.70 (EBITDA TTM 6.03b / Interest Expense TTM 488.0m) >= 6 (WARN >= 3) |
Altman Z'' 1.71
| (A) 0.07 = (Total Current Assets 11.65b - Total Current Liabilities 7.46b) / Total Assets 56.16b |
| (B) 0.10 = Retained Earnings (Balance) 5.59b / Total Assets 56.16b |
| (C) 0.08 = EBIT TTM 4.25b / Avg Total Assets 54.00b |
| (D) 0.35 = Book Value of Equity 14.35b / Total Liabilities 41.47b |
| Total Rating: 1.71 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 63.23
| 1. Piotroski 5.0pt |
| 2. FCF Yield -0.25% |
| 3. FCF Margin -1.08% |
| 4. Debt/Equity 0.63 |
| 5. Debt/Ebitda 0.82 |
| 6. ROIC - WACC (= 1.56)% |
| 7. RoE 20.32% |
| 8. Rev. Trend 26.34% |
| 9. EPS Trend 76.65% |
What is the price of CEG shares?
Over the past week, the price has changed by +7.76%, over one month by -5.24%, over three months by +14.15% and over the past year by +42.81%.
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 | 403.8 | 10.8% |
| Analysts Target Price | 403.8 | 10.8% |
| ValueRay Target Price | 521.5 | 43.1% |
CEG Fundamental Data Overview November 22, 2025
P/E Trailing = 39.0425
P/E Forward = 31.746
P/S = 4.2767
P/B = 7.7796
P/EG = 3.6314
Beta = 1.13
Revenue TTM = 25.45b USD
EBIT TTM = 4.25b USD
EBITDA TTM = 6.03b USD
Long Term Debt = 7.27b USD (from longTermDebt, last quarter)
Short Term Debt = 1.77b USD (from shortTermDebt, last quarter)
Debt = 9.04b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.95b USD (from netDebt column, last quarter)
Enterprise Value = 111.18b USD (106.24b + Debt 9.04b - CCE 4.09b)
Interest Coverage Ratio = 8.70 (Ebit TTM 4.25b / Interest Expense TTM 488.0m)
FCF Yield = -0.25% (FCF TTM -276.0m / Enterprise Value 111.18b)
FCF Margin = -1.08% (FCF TTM -276.0m / Revenue TTM 25.45b)
Net Margin = 10.76% (Net Income TTM 2.74b / Revenue TTM 25.45b)
Gross Margin = 19.43% ((Revenue TTM 25.45b - Cost of Revenue TTM 20.51b) / Revenue TTM)
Gross Margin QoQ = 23.72% (prev 18.00%)
Tobins Q-Ratio = 1.98 (Enterprise Value 111.18b / Total Assets 56.16b)
Interest Expense / Debt = 1.48% (Interest Expense 134.0m / Debt 9.04b)
Taxrate = 33.41% (466.0m / 1.40b)
NOPAT = 2.83b (EBIT 4.25b * (1 - 33.41%))
Current Ratio = 1.56 (Total Current Assets 11.65b / Total Current Liabilities 7.46b)
Debt / Equity = 0.63 (Debt 9.04b / totalStockholderEquity, last quarter 14.35b)
Debt / EBITDA = 0.82 (Net Debt 4.95b / EBITDA 6.03b)
Debt / FCF = -17.92 (negative FCF - burning cash) (Net Debt 4.95b / FCF TTM -276.0m)
Total Stockholder Equity = 13.48b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.88% (Net Income 2.74b / Total Assets 56.16b)
RoE = 20.32% (Net Income TTM 2.74b / Total Stockholder Equity 13.48b)
RoCE = 20.46% (EBIT 4.25b / Capital Employed (Equity 13.48b + L.T.Debt 7.27b))
RoIC = 12.84% (NOPAT 2.83b / Invested Capital 22.01b)
WACC = 11.28% (E(106.24b)/V(115.27b) * Re(12.16%) + D(9.04b)/V(115.27b) * Rd(1.48%) * (1-Tc(0.33)))
Discount Rate = 12.16% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -0.94%
Fair Price DCF = unknown (Cash Flow -276.0m)
EPS Correlation: 76.65 | EPS CAGR: 131.8% | SUE: -0.10 | # QB: 0
Revenue Correlation: 26.34 | Revenue CAGR: 7.22% | SUE: 0.40 | # QB: 0
Additional Sources for CEG Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle