Obermatt

MGE Energy

NSQ:MGEE · US55277P1049
Electric UtilitiesMedium

360

15
EV / EBIT25
Price / Owner Earnings79
Owner Earnings Yield1
Dividend Yield37
Price/Sales19
EV / Gross Profit18
Price/Book51
Return on Capital66
Cash Return on Capital18
Return on Equity58
EBIT Margin81
Gross Profitability49
Cash Conversion44
Accruals7
Owner Earnings Margin12
Sales growth51
Profit Growth12
Long-Term EPS Growth31
Reinvestment46
Price momentum11
Debt load88
Refinancing59
Debt Payback1
Liquidity94
Analyst ratings1
Opinion Changes92
Price Target Upside13
Market mood75
Value Creation4/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

MGE Energy doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryUSA
IndustryElectric Utilities
SizeMedium
TypePublic Company
ExchangeNASDAQGS
Founded2001
Employees0
ISINUS55277P1049
Last UpdateApr 2, 2026
Themes
Energy StorageClimateTechBattery Energy Storage System (BESS)Clean EnergyOnshore and Offshore WindPower GridUtility Scale Solar

Description

MGE Energy, Inc. (MGE Energy) operates as an investor-owned public utility holding company. Segments MGE Energy operates in the following business segments: Regulated electric utility operations – The company generates, purchases, and distributes…

Analysis

Hope premium

MGE Energy, Inc. carries what we call a hope premium: an average business trading at an ambitious price. One caution: reported profits have recently run ahead of actual cash, which we track closely.

Valuation data is not available for this company.

The trajectory is moderate and the balance sheet is adequate. The company scores 4/20 on our value-creation score: not creating value.

What to watch: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
14
2023202420252026

All-time high

56

Jan 2024

All-time low

14

Jun 2026

Average rank

36

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
19
7
6
6
Price/Earnings
22
3
14
16
Price/Book
51
5
12
19
Dividend Yield
37
7
19
17
Value (overall)
19
1
5
9

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →