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Shares of Nextera Energy Rank the Highest in Terms of Enterprise Value to Sales Ratio in the Electric Utilities Industry (NEE, PPL, MGEE, IDA, OGE)

By James Quinn

Below are the three companies in the Electric Utilities industry with the highest Enterprise Value (EV) to Sales ratios. EV/Sales gives investors an idea of how much it costs to buy the company's sales and the lower the ratio, the more undervalued the company is believed to be.

Nextera Energy ranks highest with a EV/Sales of 8.42. Ppl Corp is next with a EV/Sales of 6.06. Mge Energy Inc ranks third highest with a EV/Sales of 5.31.

Idacorp Inc follows with a EV/Sales of 5.10, and Oge Energy Corp rounds out the top five with a EV/Sales of 5.07.

SmarTrend recommended that subscribers consider buying shares of Ppl Corp on September 13th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $31.10. Since that recommendation, shares of Ppl Corp have risen 10.5%. We continue to monitor Ppl Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest enterprise value to sales ratio nextera energy ppl corp mge energy inc idacorp inc oge energy corp

Ticker(s): NEE PPL MGEE IDA OGE