Portland General Electric Company logo POR - Portland General Electric Company

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 7
HOLD 16
SELL 1
STRONG
SELL
0
| PRICE TARGET: $52.67 DETAILS
HIGH: $55.00
LOW: $51.00
MEDIAN: $52.00
CONSENSUS: $52.67
UPSIDE: 4.19%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 85% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Mild
Trading 6.6% above fair value
Current Price $50.55
Bear Case $41.49 17.9% downside ($41.49 - $50.55) / $50.55 = -17.9% $2.76 × 15x P/E
Fair Value $47.42 6.2% downside ($47.42 - $50.55) / $50.55 = -6.2% $2.76 × 17x P/E
Bull Case $53.35 5.5% upside ($53.35 - $50.55) / $50.55 = 5.5% $2.76 × 19x P/E

Adjust Assumptions

17.2x
2.76$

Key Value Driver

Normalized P/E multiple (17x base case)

Implied Market Multiple 18.3x

Plain-Language Summary

Applying a 17x P/E to adjusted EPS of $2.76, the base-case value is $47.42 per share. DDM cross-check: $56.78.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (24 analysts) $52.67
Analyst Range $51.00 – $55.00
Divergence from AlphaVal 10%

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