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About The Company
Description
PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States.
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Overview
Value
11
Growth
21
Health
31
Management
59
Analyst Opinion
89
Total
42
All Scores Out Of 100
Best Features
- Liked by analysts
- Has strong dividend growth
Risk Factors
- Overvalued on cashflow basis
- Earnings have declined recently
- Income is not covering expenditure and investment
- There is a history of diluting shareholders
- Has a high level of debt
- Does not hold enough liquid assets to cover short term liabilities
- No margin of safety at their current market price
- Poor earnings and cashflow growth
- Price-to-earnings ratio of 25.6 is higher than the market average (19.6x)
- Accounting anomalies: Growing revenues without a corresponding growth in cash flows.
Latest News
PNM Resources' (PNM) Board Hikes Dividend by 5.8%
Zacks Investment Research | 14:30 Tue 31 Jan 2023
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PNM Resources to Announce 2022 Earnings on February 24
PRNewsWire | 11:30 Fri 27 Jan 2023
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5 Upcoming Dividend Increases
Seeking Alpha | 10:33 Fri 27 Jan 2023
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PNM Resources: Resource Troubles, Uncertain Direction, And Overvaluation
Seeking Alpha | 12:05 Thu 24 Nov 2022
Read More →
Market Peers
PNM
Key Figures
PE Ratio (TTM)
25.65
Margin Of Safety (DCF)
-141.75%
Revenue Growth (5 Year Average)
9.93%
Ratings Consensus
Strong Buy
Share Buybacks
-2.38%
Dividend Yeild (TTM)
1.38%
Valuation
Value Score
11
- ✘ Estimated intrinsic-value of NaN undefined USD is lower than current price ( 49.02 USD)
- ✘ Price-to-earnings ratio of 25.6 is higher than the market average (19.6x)
- ✘ Free-cashflow-yeild of -8.84% is worse than the market average (4.7%)
- ✘ Margin-of-safety of -141.75% is worse than the market average (17.95%)
Desired Margin Of Safety
0%
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Tip: Set your desired Margin Of Safety
Free Cash Flow Type
Annual Cashflow Growth
0%
Discount Rate
0%
Buy Target: < 18.6 USD ✘
Current Price: 49.3 USD
Negative Cashflows: Cashflow can become negative due to operating losses, investing activities or financing activites. Negative cashflow makes it dificult to use a discounted free cashflow model to assess intrinsic value.
How Does This Work?
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This calculator helps investors estimate the Intrinsic Value of a company based on the current value of future cash flows. To use the tool, simply input a desired Margin Of Safety, which is an additional discount applied to the present value of the expected future cash flows. The tool calculates the present value using a discount rate that reflects the risk and time value of money, and provides an estimated target price for the company based on the selected margin of safety. The calculator defaults to using 5 Year Free Cash Flow Growth % and a discount rate based on the US 10-year treasury bond coupon rate. Use our performance analyser to get a feel the impact this has on longterm investment returns and discover a margin of safety you are comfortable with. This can be a useful tool for investors looking to make informed decisions about whether to buy or sell shares of a particular company.
Price/Earnings
25.65x
Free Cashflow Yeild
-8.84%
PE/Earnings Growth
4.61
Price/Book
1.87x
Growth
Growth Score
21
- ✔ Revenue growth has improved this yeara
- ✔ 5 Year Average Earnings growth of 15.15% is higher than the market average (14.48%)
- ✘ 5 Year Average Revenue growth of 9.93% is lower than the market average (10.97%)
- ✘ Earnings growth has slowed this year
- ✘ 5 Year Average Free Cashflow growth of -23.76% is lower than the market average (12.35%)
- ✘ Free Cashflow growth has slowed this year
Revenue Growth
9.93%
Earnings Growth
15.15%
Cashflow Growth
-23.76%
Health
Health Score
31
Altman Z Score
0.82
Piostroski Score
5.00
Debt/Equity
1.76x
Current Assets/Liabilities
0.49x
Free Cashflow/Total Debt
N/Ax
Debt/Capital
11.84x
Dividend
Secure Dividend Score
60
- ✔ Dividend is likely safe
- ✔ Payout ratio (TTM) of 35.32% is lower than the average (40%)
- ✔ Dividends have shown growth over the last 5 years
- ✔ Dividend growth has been accelerating recently
- ✔ Spending a lower percentage of their income on dividends than last 5 years
- ✘ Dividend yeild of 1.38% is less than the market average (1.85%)
- ✘ Long term dividend payout ratio of 83.07% is high and may limit growth
Dividend Yeild
1.38%
Dividend Growth
14.94%
Payout Ratio (Earnings)
35.32%
Payout Ratio (Cashflow)
-15.63%
Management
Management Score
59
- ✔ Has issued new shares to finance growth when share price is high
- ✔ Has returned higher dividends when earnings have risen
- ✔ Return-on-capital-employed of 10.36% is higher than the market average (10%)
- ✘ Has a history of diluting shareholders to finance activity
- ✘ Return-on-equity of 8.98% is lower than the market average (15%)
Average Buybacks/Dilution
-2.38%
Recent Buybacks/Dilution
-0.06%
5 Year Price Volitility
11.59%
Return On Assets
2.26%
Return On Capital Employed
10.36%
Return On Equity
8.98%
Return On Free Cashflow
-101.23%
Return On Investments
N/A
Analysts
Analyst Opinion
89
- ✔ Ratings consensus is Strong Buy
SEC Filings
Find yearly (10-K), quaterly (10-Q) and disclosure (8-K) report here, on the Securities and Exchange Commission's EDGAR database. If reading through reports isn't your cup of tea, don't worry. We've made it easy for you by summarizing all the important bits.
Other Information
Company Name
PNM Resources, Inc.
Currency
USD
Beta
0.421695
Vol Avg
629316
Ceo
Ms. Patricia Collawn
Cik
0001108426
Cusip
69349H107
Exchange
New York Stock Exchange
Full Time Employees
1646
Industry
Utilities—Regulated Electric
Sector
Utilities
Ipo Date
1980-03-17
Address
414 Silver Ave SW
City
Albuquerque
State
NEW MEXICO
Country
US
Zip
87102-3289
Phone
15052412700
All financial data provided by FMP