Dominion Energy Inc. (D) vs Public Service Enterprise Group Incorporated (PEG)

Dominion Energy Inc. and Public Service Enterprise Group Incorporated are both Utilities Regulated Electric companies. Dominion Energy Inc. is the larger, with a market value of $53.1B against $33.2B — 1.6× the size. Public Service Enterprise Group Incorporated trades at the lower P/E: 16.7× against 21.1×. Dominion Energy Inc. grew revenue faster over the last twelve months: 19.0% against 12.7%. Public Service Enterprise Group Incorporated has the higher net margin (16.0% vs 14.0%) and the higher return on invested capital (4.35% vs 2.75%). Both pay a dividend; Dominion Energy Inc. yields more (6.04% vs 3.92%). Across the 22 metrics below, Public Service Enterprise Group Incorporated leads on 17 and Dominion Energy Inc. on 5.

Valuation

Metric D PEG Utilities Regulated Electric median
P/E 21.14 16.67 18.84
P/S 2.95 2.66 2.52
P/B 1.64 1.93 1.63
Price to free cash flow n/m 681.14 36.22
EV/EBITDA 16.19 12.60 11.82
EV/Sales 5.88 4.60 4.58
Earnings yield 4.73% 6.00% 5.30%
Free cash flow yield (12.81%) 0.15% (5.06%)

Profitability

Metric D PEG Utilities Regulated Electric median
Gross margin 66.84% 63.96% 66.28%
Operating margin 21.06% 23.14% 21.79%
Net margin 13.99% 16.04% 12.94%
Free cash flow margin (37.72%) 2.20% (11.51%)
Return on equity 8.11% 11.84% 9.75%
Return on assets 2.21% 3.50% 2.75%
Return on invested capital 2.75% 4.35% 3.87%

Growth

Metric D PEG Utilities Regulated Electric median
Revenue growth (TTM) 18.99% 12.65% 7.43%
EPS growth (last fiscal year) 41.39% 19.21% —
Revenue growth, 5-year CAGR 3.10% 4.85% 6.75%
Net income growth, 5-year CAGR 0.00% 2.07% 6.44%

Health

Metric D PEG Utilities Regulated Electric median
Debt to equity 1.59 1.42 1.53
Current ratio 0.81 0.88 0.81
Net debt to EBITDA 6.86 5.20 5.25

Dividend

Metric D PEG Utilities Regulated Electric median
Dividend yield 6.04% 3.92% 4.33%
Payout ratio 0.99 0.40 0.66

Size

Metric D PEG Utilities Regulated Electric median
Market cap 53.11b 33.15b 22.90b

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