BKH:NYE-Black Hills Corporation (USD)

COMMON STOCK | Utilities-Diversified | NYE

Last Closing Price

USD 60.40

Change

+0.62 (+1.04)%

Market Cap

USD 3.75B

Volume

0.37M

Average Target Price

USD 69.50 (+15.07%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates through Electric Utilities, Gas Utilities, Power Generation, and Mining segments. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 214,000 electric customers in Colorado, Montana, South Dakota, and Wyoming, as well as provides electrical system construction services to large industrial customers. This segment owns 939 megawatts of generation capacity and 8,900 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,066,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. It also provides appliance repair services to residential customers through company technicians and third-party service providers; and constructs and maintains gas infrastructure facilities for gas transportation customers. This segment owns and operates approximately 4,775 miles of intrastate gas transmission pipelines; 41,210 miles of gas distribution mains and service lines; 7 natural gas storage sites; and approximately 49,000 horsepower of compression and 500 miles of gathering lines. The Power Generation segment produces electric power through wind, natural gas, and coal generating plants; and sells the electric capacity and energy primarily to utilities under long-term contracts. The Mining segment produces coal at its coal mine located near Gillette, Wyoming; and sells the coal to electric generation facilities. Black Hills Corporation was founded in 1941 and is headquartered in Rapid City, South Dakota.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-12-04 )

Largest Industry Peers for Utilities-Diversified

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
D Dominion Energy, Inc

-2.52 (-3.21%)

USD63.96B 29.87 15.09
DCUE Dominion Energy, Inc

-2.55 (-2.51%)

USD61.19B 58.70 N/A
NGG National Grid plc

-0.37 (-0.64%)

USD39.92B 8.94 17.77
SRE Sempra Energy

-3.84 (-2.91%)

USD38.08B 10.14 14.70
SRE-PB Sempra Energy

-2.88 (-2.68%)

USD36.08B 8.25 N/A
SRE-PA Sempra Energy

-1.79 (-1.72%)

USD35.11B 8.03 N/A
PEG Public Service Enterprise Grou..

N/A

USD29.15B 15.29 10.76
ETR Entergy Corporation

+0.09 (+0.08%)

USD21.35B 15.48 9.96
FE FirstEnergy Corp

+1.05 (+3.76%)

USD15.14B 20.81 14.20
BIP Brookfield Infrastructure Part..

+1.10 (+2.20%)

USD14.70B 170.68 11.88

ETFs Containing BKH

Symbol Name Weight Mer Price(Change) Market Cap
IWN iShares Russell 2000 Valu.. 0.00 % 0.24 %

+3.52 (+2.79%)

USD8.12B
VTWV Vanguard Russell 2000 Val.. 0.00 % 0.15 %

+3.14 (+2.84%)

USD0.42B
DXZ:CA Dynamic Active U.S. Mid-C.. 0.00 % 0.75 %

N/A

USD5.70M

Market Performance

  Market Performance vs.
Industry/Classification (Utilities-Diversified)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -23.10% 40% F 17% F
Dividend Return 2.76% 47% F 60% D-
Total Return -20.33% 40% F 17% F
Trailing 12 Months  
Capital Gain -21.27% 30% F 17% F
Dividend Return 2.83% 33% F 58% F
Total Return -18.44% 30% F 16% F
Trailing 5 Years  
Capital Gain 44.84% 59% F 68% D+
Dividend Return 23.12% 47% F 72% C-
Total Return 67.96% 59% F 72% C-
Average Annual (5 Year Horizon)  
Capital Gain 8.32% N/A N/A 76% C
Dividend Return 3.09% N/A N/A 69% D+
Total Return 11.41% N/A N/A 77% C+
Risk Return Profile  
Volatility (Standard Deviation) 21.82% N/A N/A 35% F
Risk Adjusted Return 52.30% N/A N/A 69% D+
Market Capitalization 3.75B 35% F 72% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Utilities-Diversified)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 16.93 45% F 52% F
Price/Book Ratio 1.52 63% D 51% F
Price / Cash Flow Ratio 7.42 55% F 48% F
EV/EBITDA 11.71 47% F 56% F
Management Effectiveness  
Return on Equity 9.31% 58% F 65% D
Return on Invested Capital 6.73% 75% C 57% F
Return on Assets 3.55% 75% C 69% D+
Debt to Equity Ratio 132.94% 30% F 25% F
Technical Ratios  
Short Ratio 3.10 41% F 35% F
Short Percent 2.79% 36% F 60% D-
Beta 0.25 90% A- 88% B+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.