(PNW) Pinnacle West Capital - Ratings and Ratios
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US7234841010
Electricity, Transmission, Distribution
PNW EPS (Earnings per Share)
PNW Revenue
| Risk via 10d forecast | |
|---|---|
| Volatility | 18.2% |
| Value at Risk 5%th | 29.9% |
| Reward | |
|---|---|
| Sharpe Ratio | -0.11 |
| Alpha Jensen | -9.42 |
| Character | |
|---|---|
| Hurst Exponent | 0.470 |
| Beta | 0.534 |
| Drawdowns 3y | |
|---|---|
| Max DD | 19.52% |
| Mean DD | 5.69% |
Description: PNW Pinnacle West Capital October 31, 2025
Pinnacle West Capital Corp. (NYSE:PNW) operates through its subsidiary Arizona Public Service (APS) to deliver retail and wholesale electricity across Arizona. The utility’s asset base spans nuclear, natural-gas, oil, coal and solar generation, plus an integrated transmission and distribution network of overhead and underground lines, substations, and emerging energy-storage facilities. Established in 1985 and headquartered in Phoenix, the firm is classified under the GICS sub-industry “Electric Utilities.”
Key performance indicators from the most recent fiscal year show total revenue of roughly $2.5 billion, adjusted earnings per share of $2.50 and a net income of about $500 million, reflecting a regulated earnings growth of ~5 % YoY. The company carries approximately $1.5 billion of long-term debt, yielding an interest-coverage ratio near 4.5×, while Arizona’s population-driven electricity demand is expanding at ~1 % annually. A material sector driver is the state’s Renewable Portfolio Standard, which mandates that utilities source roughly 30 % of electricity from solar and other renewables by 2030, prompting APS to accelerate its solar-plus-storage deployments.
For a deeper quantitative assessment, you may find ValueRay’s proprietary valuation models useful.
PNW Stock Overview
| Market Cap in USD | 10,529m |
| Sub-Industry | Electric Utilities |
| IPO / Inception | 1984-07-19 |
| Return 12m vs S&P 500 | -12.1% |
| Analyst Rating | 3.65 of 5 |
PNW Dividends
| Dividend Yield | 4.04% |
| Yield on Cost 5y | 4.96% |
| Yield CAGR 5y | 2.69% |
| Payout Consistency | 68.5% |
| Payout Ratio | 73.8% |
PNW Growth Ratios
| CAGR | 11.52% |
| CAGR/Max DD Calmar Ratio | 0.59 |
| CAGR/Mean DD Pain Ratio | 2.03 |
| Current Volume | 1193.8k |
| Average Volume | 1313k |
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income (594.3m TTM) > 0 and > 6% of Revenue (6% = 318.4m TTM) |
| FCFTA -0.02 (>2.0%) and ΔFCFTA 0.28pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -22.04% (prev -18.58%; Δ -3.47pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.06 (>3.0%) and CFO 1.77b > Net Income 594.3m (YES >=105%, WARN >=100%) |
| Net Debt (14.22b) to EBITDA (2.10b) ratio: 6.78 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.61 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (122.0m) change vs 12m ago 4.13% (target <= -2.0% for YES) |
| Gross Margin 38.20% (prev 41.81%; Δ -3.62pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 18.89% (prev 19.08%; Δ -0.20pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 2.78 (EBITDA TTM 2.10b / Interest Expense TTM 403.0m) >= 6 (WARN >= 3) |
Altman Z'' 0.79
| (A) -0.04 = (Total Current Assets 1.80b - Total Current Liabilities 2.97b) / Total Assets 29.89b |
| (B) 0.14 = Retained Earnings (Balance) 4.05b / Total Assets 29.89b |
| (C) 0.04 = EBIT TTM 1.12b / Avg Total Assets 28.10b |
| (D) 0.32 = Book Value of Equity 7.17b / Total Liabilities 22.68b |
| Total Rating: 0.79 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 48.32
| 1. Piotroski 3.0pt = -2.0 |
| 2. FCF Yield -2.91% = -1.45 |
| 3. FCF Margin -13.55% = -5.08 |
| 4. Debt/Equity 1.99 = 0.79 |
| 5. Debt/Ebitda 6.78 = -2.50 |
| 6. ROIC - WACC (= 1.94)% = 2.43 |
| 7. RoE 8.68% = 0.72 |
| 8. Rev. Trend 47.67% = 3.58 |
| 9. EPS Trend 36.65% = 1.83 |
What is the price of PNW shares?
As of November 13, 2025, the stock is trading at USD 88.98 with a total of 1,193,836 shares traded.
Over the past week, the price has changed by +0.59%, over one month by -2.42%, over three months by -2.75% and over the past year by +1.87%.
Over the past week, the price has changed by +0.59%, over one month by -2.42%, over three months by -2.75% and over the past year by +1.87%.
Is Pinnacle West Capital a good stock to buy?
No, based on ValueRay´s Fundamental Analyses, Pinnacle West Capital (NYSE:PNW) is currently (November 2025)
a stock to sell. It has a ValueRay Fundamental Rating of 48.32 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of PNW is around 92.88 USD . This means that PNW is currently overvalued and has a potential downside of 4.38%.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of PNW is around 92.88 USD . This means that PNW is currently overvalued and has a potential downside of 4.38%.
Is PNW a buy, sell or hold?
Pinnacle West Capital has received a consensus analysts rating of 3.65.
Therefor, it is recommend to hold PNW.
- Strong Buy: 6
- Buy: 0
- Hold: 10
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the PNW price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 96.1 | 8% |
| Analysts Target Price | 96.1 | 8% |
| ValueRay Target Price | 99.2 | 11.5% |
PNW Fundamental Data Overview November 10, 2025
Market Cap USD = 10.53b (10.53b USD * 1.0 USD.USD)
P/E Trailing = 18.1381
P/E Forward = 18.1818
P/S = 1.9839
P/B = 1.5604
P/EG = 4.1216
Beta = 0.534
Revenue TTM = 5.31b USD
EBIT TTM = 1.12b USD
EBITDA TTM = 2.10b USD
Long Term Debt = 8.06b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.48b USD (from shortTermDebt, last quarter)
Debt = 14.25b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 14.22b USD (from netDebt column, last quarter)
Enterprise Value = 24.74b USD (10.53b + Debt 14.25b - CCE 37.5m)
Interest Coverage Ratio = 2.78 (Ebit TTM 1.12b / Interest Expense TTM 403.0m)
FCF Yield = -2.91% (FCF TTM -718.9m / Enterprise Value 24.74b)
FCF Margin = -13.55% (FCF TTM -718.9m / Revenue TTM 5.31b)
Net Margin = 11.20% (Net Income TTM 594.3m / Revenue TTM 5.31b)
Gross Margin = 38.20% ((Revenue TTM 5.31b - Cost of Revenue TTM 3.28b) / Revenue TTM)
Gross Margin QoQ = 38.88% (prev 43.80%)
Tobins Q-Ratio = 0.83 (Enterprise Value 24.74b / Total Assets 29.89b)
Interest Expense / Debt = 0.78% (Interest Expense 111.2m / Debt 14.25b)
Taxrate = 15.72% (77.9m / 495.4m)
NOPAT = 944.9m (EBIT 1.12b * (1 - 15.72%))
Current Ratio = 0.61 (Total Current Assets 1.80b / Total Current Liabilities 2.97b)
Debt / Equity = 1.99 (Debt 14.25b / totalStockholderEquity, last quarter 7.17b)
Debt / EBITDA = 6.78 (Net Debt 14.22b / EBITDA 2.10b)
Debt / FCF = -19.77 (negative FCF - burning cash) (Net Debt 14.22b / FCF TTM -718.9m)
Total Stockholder Equity = 6.85b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.99% (Net Income 594.3m / Total Assets 29.89b)
RoE = 8.68% (Net Income TTM 594.3m / Total Stockholder Equity 6.85b)
RoCE = 7.52% (EBIT 1.12b / Capital Employed (Equity 6.85b + L.T.Debt 8.06b))
RoIC = 5.71% (NOPAT 944.9m / Invested Capital 16.55b)
WACC = 3.77% (E(10.53b)/V(24.78b) * Re(7.98%) + D(14.25b)/V(24.78b) * Rd(0.78%) * (1-Tc(0.16)))
Discount Rate = 7.98% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 3.40%
Fair Price DCF = unknown (Cash Flow -718.9m)
EPS Correlation: 36.65 | EPS CAGR: 352.7% | SUE: 2.07 | # QB: 1
Revenue Correlation: 47.67 | Revenue CAGR: 23.93% | SUE: 0.33 | # QB: 0
P/E Trailing = 18.1381
P/E Forward = 18.1818
P/S = 1.9839
P/B = 1.5604
P/EG = 4.1216
Beta = 0.534
Revenue TTM = 5.31b USD
EBIT TTM = 1.12b USD
EBITDA TTM = 2.10b USD
Long Term Debt = 8.06b USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.48b USD (from shortTermDebt, last quarter)
Debt = 14.25b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 14.22b USD (from netDebt column, last quarter)
Enterprise Value = 24.74b USD (10.53b + Debt 14.25b - CCE 37.5m)
Interest Coverage Ratio = 2.78 (Ebit TTM 1.12b / Interest Expense TTM 403.0m)
FCF Yield = -2.91% (FCF TTM -718.9m / Enterprise Value 24.74b)
FCF Margin = -13.55% (FCF TTM -718.9m / Revenue TTM 5.31b)
Net Margin = 11.20% (Net Income TTM 594.3m / Revenue TTM 5.31b)
Gross Margin = 38.20% ((Revenue TTM 5.31b - Cost of Revenue TTM 3.28b) / Revenue TTM)
Gross Margin QoQ = 38.88% (prev 43.80%)
Tobins Q-Ratio = 0.83 (Enterprise Value 24.74b / Total Assets 29.89b)
Interest Expense / Debt = 0.78% (Interest Expense 111.2m / Debt 14.25b)
Taxrate = 15.72% (77.9m / 495.4m)
NOPAT = 944.9m (EBIT 1.12b * (1 - 15.72%))
Current Ratio = 0.61 (Total Current Assets 1.80b / Total Current Liabilities 2.97b)
Debt / Equity = 1.99 (Debt 14.25b / totalStockholderEquity, last quarter 7.17b)
Debt / EBITDA = 6.78 (Net Debt 14.22b / EBITDA 2.10b)
Debt / FCF = -19.77 (negative FCF - burning cash) (Net Debt 14.22b / FCF TTM -718.9m)
Total Stockholder Equity = 6.85b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.99% (Net Income 594.3m / Total Assets 29.89b)
RoE = 8.68% (Net Income TTM 594.3m / Total Stockholder Equity 6.85b)
RoCE = 7.52% (EBIT 1.12b / Capital Employed (Equity 6.85b + L.T.Debt 8.06b))
RoIC = 5.71% (NOPAT 944.9m / Invested Capital 16.55b)
WACC = 3.77% (E(10.53b)/V(24.78b) * Re(7.98%) + D(14.25b)/V(24.78b) * Rd(0.78%) * (1-Tc(0.16)))
Discount Rate = 7.98% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 3.40%
Fair Price DCF = unknown (Cash Flow -718.9m)
EPS Correlation: 36.65 | EPS CAGR: 352.7% | SUE: 2.07 | # QB: 1
Revenue Correlation: 47.67 | Revenue CAGR: 23.93% | SUE: 0.33 | # QB: 0
Additional Sources for PNW Stock
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle