Company Valuation: Xcel Energy Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 35,822 36,468 38,368 34,163 38,773 44,454 - -
Change - 1.8% 5.21% -10.96% 13.49% 14.65% - -
Enterprise Value (EV) 1 56,343 59,687 63,034 60,284 67,708 79,541 85,174 90,949
Change - 5.94% 5.61% -4.36% 12.31% 17.48% 7.08% 6.78%
P/E ratio 23.9x 22.9x 22.1x 19.3x 19.6x 19.9x 18.3x 16.7x
PBR 2.42x 2.34x 2.3x 1.94x 1.95x 2.05x 1.89x 1.78x
PEG - 3.76x 3.12x 15.3x 2.74x 2x 2.13x 1.78x
Capitalization / Revenue 3.11x 2.72x 2.51x 2.4x 2.88x 2.98x 2.77x 2.57x
EV / Revenue 4.89x 4.44x 4.12x 4.24x 5.04x 5.34x 5.3x 5.27x
EV / EBITDA 13.9x 13.8x 13x 12x 13.2x 13.2x 12.3x 11.5x
EV / EBIT 26.6x 27.1x 26x 24.3x 28.4x 25.9x 23.7x 21.5x
EV / FCF -22.3x -29x -89.3x -114x -24.9x -21.2x -13.1x -13.1x
FCF Yield -4.47% -3.44% -1.12% -0.87% -4.02% -4.71% -7.63% -7.64%
Dividend per Share 2 1.72 1.83 1.95 2.08 2.19 2.286 2.385 2.474
Rate of return 2.58% 2.7% 2.78% 3.36% 3.24% 3.04% 3.17% 3.29%
EPS 2 2.79 2.96 3.17 3.21 3.44 3.785 4.11 4.495
Distribution rate 61.6% 61.8% 61.5% 64.8% 63.7% 60.4% 58% 55%
Net sales 1 11,526 13,431 15,310 14,206 13,441 14,903 16,062 17,273
EBITDA 1 4,064 4,324 4,841 5,036 5,130 6,035 6,943 7,930
EBIT 1 2,116 2,203 2,428 2,481 2,386 3,076 3,596 4,231
Net income 1 1,473 1,597 1,736 1,771 1,936 2,204 2,490 2,817
Net Debt 1 20,521 23,219 24,666 26,121 28,935 35,087 40,720 46,495
Reference price 2 66.67 67.70 70.11 61.91 67.52 75.15 75.15 75.15
Nbr of stocks (in thousands) 537,303 538,676 547,248 551,816 574,242 591,540 - -
Announcement Date 1/28/21 1/27/22 1/26/23 1/25/24 2/6/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.85x5.34x13.18x3.04% 44.45B
87.35x4.65x52.37x0.15% 182B
23.67x9.08x15.4x2.77% 170B
18.5x3.53x10.25x3.84% 136B
39x4.79x22.16x0.44% 110B
12.86x1.86x6.39x5.55% 103B
20.09x5.74x12.77x3.49% 92.98B
18.24x5.53x11.3x3.69% 89.66B
18.45x5.01x12.24x3.28% 60.96B
35.02x3.8x12.66x0.56% 57.63B
Average 29.31x 4.93x 16.87x 2.68% 104.73B
Weighted average by Cap. 34.00x 5.14x 19.97x 2.55%
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Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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