PNM:NYE-PNM Resources Inc. (Holding Co.)

EQUITY | Utilities - Regulated | New York Stock Exchange

Last Closing Price

USD 49.41

Change

+0.11 (+0.22)%

Market Cap

USD 3.94B

Volume

0.28M

Average Target Price

USD 46.64 (-5.60%)
Average Analyst Rating

Verdict

STA Verdict

Verdict

About

PNM Resources Inc is an investor-owned holding company with two regulated utilities providing electricity and electric services in New Mexico and Texas. Its electric utilities are PNM and TNMP.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-07-16 )

Largest Industry Peers for Utilities - Regulated

Symbol Name Price(Change) Market Cap
NEE NextEra Energy Inc.

-0.97 (-0.46%)

USD 99.56B
DUK Duke Energy Corporation (Holdi..

-0.35 (-0.39%)

USD 64.82B
D Dominion Energy Inc.

-0.61 (-0.78%)

USD 62.17B
SO Southern Company (The)

-0.45 (-0.80%)

USD 57.90B
EXCU Exelon Corp. Conv Unit

N/A

USD 48.11B
EXC Exelon Corporation

-0.48 (-0.98%)

USD 46.99B
AEP American Electric Power Compan..

-0.68 (-0.75%)

USD 44.66B
SRE Sempra Energy

-0.73 (-0.52%)

USD 38.21B
NGG National Grid Transco PLC PLC ..

-0.88 (-1.67%)

USD 35.25B
PEG Public Service Enterprise Grou..

-0.54 (-0.88%)

USD 30.58B

ETFs Containing PNM

Symbol Name Weight Mer Price(Change) Market Cap
JPSE JPMorgan Diversified Retu.. 0.75 % 0.29 %

+0.13 (+0.42%)

USD 0.17B

Market Performance

  Market Performance vs.
Industry/Classification (Utilities - Regulated)
Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 20.25% 74% C 73% C
Dividend Return 1.41% 20% F 39% F
Total Return 21.66% 73% C 72% C-
Trailing 12 Months  
Capital Gain 29.18% 84% B 94% A
Dividend Return 2.90% 25% F 49% F
Total Return 32.08% 81% B- 94% A
Trailing 5 Years  
Capital Gain 76.15% 76% C 88% B+
Dividend Return 16.61% 36% F 57% F
Total Return 92.76% 72% C- 88% B+
Average Annual (5 Year Horizon)  
Capital Gain 12.63% 80% B- 86% B
Dividend Return 15.46% 76% C 87% B+
Total Return 2.84% 35% F 55% F
Risk Return Profile  
Volatility (Standard Deviation) 13.17% 43% F 55% F
Risk Adjusted Return 117.43% 76% C 92% A-
Market Capitalization 2.58B 39% F 77% 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 - Regulated)
Ratio vs. Market
(New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 45.75 6% F 12% F
Price/Book Ratio 2.22 49% F 34% F
Price / Cash Flow Ratio 2.31 45% F 53% F
Price/Free Cash Flow Ratio -53.13 84% B 95% A
Management Effectiveness  
Return on Equity 4.99% 17% F 40% F
Return on Invested Capital 7.49% 41% F 45% F
Return on Assets 1.27% 14% F 39% F
Debt to Equity Ratio 167.25% 28% F 21% F
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

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 risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Positive cash flow

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

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

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.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

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.

Negative free cash flow

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

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector