(MGEE) MGE Energy - Ratings and Ratios
Electricity, Natural Gas, Renewable Energy, Transmission
Dividends
| Dividend Yield | 2.32% |
| Yield on Cost 5y | 2.92% |
| Yield CAGR 5y | 5.14% |
| Payout Consistency | 40.9% |
| Payout Ratio | 50.4% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 21.4% |
| Value at Risk 5%th | 33.4% |
| Relative Tail Risk | -5.41% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.14 |
| Alpha | -24.88 |
| CAGR/Max DD | 0.25 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.227 |
| Beta | 0.295 |
| Beta Downside | 0.238 |
| Drawdowns 3y | |
|---|---|
| Max DD | 26.33% |
| Mean DD | 9.88% |
| Median DD | 9.21% |
Description: MGEE MGE Energy November 08, 2025
MGE Energy Inc. (NASDAQ: MGEE) is a Wisconsin-based public-utility holding company that serves roughly 167,000 electric customers through a mix of regulated and non-regulated operations. Its business spans regulated electric and gas distribution, non-regulated generation, and transmission-asset investments, with a generation portfolio that includes coal, natural-gas, solar, wind and battery storage.
As of 31 Dec 2024 the firm owned 825 mi of overhead and 1,359 mi of underground electric distribution lines, 48 substations totaling 1.2 million kVA, and 3,092 mi of gas-distribution mains. In 2023 MGEE reported $1.2 bn of total revenue, an operating margin of 7.3 %, and a dividend yield of ~2.8 %, while its regulated rate base grew 4 % YoY, reflecting ongoing capital-intensive upgrades to meet state renewable-energy standards.
Key sector drivers include the Midwest’s aggressive Renewable Portfolio Standards, which are prompting MGEE to accelerate its solar-plus-storage projects, and the broader utility trend of decarbonization that pressures coal-based assets. The company’s debt-to-EBITDA ratio sits near 3.2×, indicating moderate leverage but also highlighting the importance of stable cash flows from regulated rate-base earnings to fund future capex.
For a deeper quantitative analysis of MGEE’s valuation metrics and peer comparison, you may find ValueRay’s data platform useful.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (134.6m TTM) > 0 and > 6% of Revenue (6% = 43.5m TTM) |
| FCFTA -0.01 (>2.0%) and ΔFCFTA -3.49pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -2.77% (prev 9.06%; Δ -11.83pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.10 (>3.0%) and CFO 296.7m > Net Income 134.6m (YES >=105%, WARN >=100%) |
| Net Debt (830.6m) to EBITDA (300.1m) ratio: 2.77 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.91 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (36.6m) change vs 12m ago 1.01% (target <= -2.0% for YES) |
| Gross Margin 56.13% (prev 40.62%; Δ 15.51pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 25.28% (prev 24.38%; Δ 0.90pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 5.69 (EBITDA TTM 300.1m / Interest Expense TTM 32.9m) >= 6 (WARN >= 3) |
Altman Z'' 1.83
| (A) -0.01 = (Total Current Assets 195.0m - Total Current Liabilities 215.1m) / Total Assets 2.99b |
| (B) 0.28 = Retained Earnings (Balance) 826.5m / Total Assets 2.99b |
| (C) 0.07 = EBIT TTM 187.3m / Avg Total Assets 2.87b |
| (D) 0.51 = Book Value of Equity 863.0m / Total Liabilities 1.69b |
| Total Rating: 1.83 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 56.04
| 1. Piotroski 5.50pt |
| 2. FCF Yield -0.86% |
| 3. FCF Margin -4.38% |
| 4. Debt/Equity 0.65 |
| 5. Debt/Ebitda 2.77 |
| 6. ROIC - WACC (= 2.08)% |
| 7. RoE 10.65% |
| 8. Rev. Trend 13.61% |
| 9. EPS Trend 44.64% |
What is the price of MGEE shares?
Over the past week, the price has changed by +1.95%, over one month by -4.00%, over three months by -4.28% and over the past year by -16.75%.
Is MGEE a buy, sell or hold?
- Strong Buy: 0
- Buy: 0
- Hold: 0
- Sell: 1
- Strong Sell: 2
What are the forecasts/targets for the MGEE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 80.5 | 0.4% |
| Analysts Target Price | 80.5 | 0.4% |
| ValueRay Target Price | 79.6 | -0.8% |
MGEE Fundamental Data Overview December 11, 2025
P/E Trailing = 21.0697
P/S = 4.0533
P/B = 2.1889
Beta = 0.82
Revenue TTM = 725.5m USD
EBIT TTM = 187.3m USD
EBITDA TTM = 300.1m USD
Long Term Debt = 745.0m USD (from longTermDebt, last quarter)
Short Term Debt = 96.4m USD (from shortTermDebt, last quarter)
Debt = 841.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 830.6m USD (from netDebt column, last quarter)
Enterprise Value = 3.70b USD (2.87b + Debt 841.4m - CCE 10.8m)
Interest Coverage Ratio = 5.69 (Ebit TTM 187.3m / Interest Expense TTM 32.9m)
FCF Yield = -0.86% (FCF TTM -31.8m / Enterprise Value 3.70b)
FCF Margin = -4.38% (FCF TTM -31.8m / Revenue TTM 725.5m)
Net Margin = 18.55% (Net Income TTM 134.6m / Revenue TTM 725.5m)
Gross Margin = 56.13% ((Revenue TTM 725.5m - Cost of Revenue TTM 318.3m) / Revenue TTM)
Gross Margin QoQ = 33.13% (prev 42.96%)
Tobins Q-Ratio = 1.24 (Enterprise Value 3.70b / Total Assets 2.99b)
Interest Expense / Debt = 1.03% (Interest Expense 8.68m / Debt 841.4m)
Taxrate = 14.90% (7.79m / 52.3m)
NOPAT = 159.4m (EBIT 187.3m * (1 - 14.90%))
Current Ratio = 0.91 (Total Current Assets 195.0m / Total Current Liabilities 215.1m)
Debt / Equity = 0.65 (Debt 841.4m / totalStockholderEquity, last quarter 1.30b)
Debt / EBITDA = 2.77 (Net Debt 830.6m / EBITDA 300.1m)
Debt / FCF = -26.15 (negative FCF - burning cash) (Net Debt 830.6m / FCF TTM -31.8m)
Total Stockholder Equity = 1.26b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.50% (Net Income 134.6m / Total Assets 2.99b)
RoE = 10.65% (Net Income TTM 134.6m / Total Stockholder Equity 1.26b)
RoCE = 9.32% (EBIT 187.3m / Capital Employed (Equity 1.26b + L.T.Debt 745.0m))
RoIC = 7.77% (NOPAT 159.4m / Invested Capital 2.05b)
WACC = 5.69% (E(2.87b)/V(3.71b) * Re(7.10%) + D(841.4m)/V(3.71b) * Rd(1.03%) * (1-Tc(0.15)))
Discount Rate = 7.10% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 0.53%
Fair Price DCF = unknown (Cash Flow -31.8m)
EPS Correlation: 44.64 | EPS CAGR: 38.47% | SUE: 0.64 | # QB: 0
Revenue Correlation: 13.61 | Revenue CAGR: 4.48% | SUE: 1.80 | # QB: 3
EPS next Quarter (2026-03-31): EPS=1.12 | Chg30d=+0.000 | Revisions Net=+1 | Analysts=1
EPS next Year (2026-12-31): EPS=3.90 | Chg30d=+0.017 | Revisions Net=-1 | Growth EPS=+6.9% | Growth Revenue=+2.8%
Additional Sources for MGEE Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle