Portland General Electric Company logo POR - Portland General Electric Company

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 6
HOLD 15
SELL 2
STRONG
SELL
0
| PRICE TARGET: $54.75 DETAILS
HIGH: $58.00
LOW: $51.00
MEDIAN: $55.00
CONSENSUS: $54.75
UPSIDE: 3.85%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 85% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Fair Value Mild
Trading 0.0% below fair value
Current Price $52.72
Bear Case $46.13 12.5% downside ($46.13 - $52.72) / $52.72 = -12.5% $3.03 × 15x P/E
Fair Value $52.72 0.0% upside ($52.72 - $52.72) / $52.72 = 0.0% $3.03 × 17x P/E
Bull Case $59.32 12.5% upside ($59.32 - $52.72) / $52.72 = 12.5% $3.03 × 19x P/E

Adjust Assumptions

17.2x
3.03$

Key Value Driver

Normalized P/E multiple (17x base case)

Implied Market Multiple 17.4x

Plain-Language Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $54.75 from 23 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $52.72 per share.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples