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Shares of Firstenergy Corp Rank the Highest in Terms of EV/EBITDA Ratio in the Electric Utilities Industry (FE, NEE, SO, MGEE, IDA)

By Shiri Gupta

Below are the three companies in the Electric Utilities industry with the highest enterprise value to EBITDA (EV/EBITDA) ratios. EV/EBITDA is an important metric used in valuing comparable companies. It is capital structure neutral and generally the lower the ratio, the more undervalued the company is believed to be.

Firstenergy Corp ranks highest with a an EV/EBITDA ratio of 24.91. Following is Nextera Energy with a an EV/EBITDA ratio of 20.76. Southern Co ranks third highest with a an EV/EBITDA ratio of 18.03.

Mge Energy Inc follows with a an EV/EBITDA ratio of 16.96, and Idacorp Inc rounds out the top five with a an EV/EBITDA ratio of 15.02.

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Keywords: highest ev/ebitda ratio firstenergy corp nextera energy southern co mge energy inc idacorp inc

Ticker(s): FE NEE SO MGEE IDA