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NorthWestern Energy Group, Inc. (NWE)

NEUTRAL
UtilitiesUtilities - Regulated ElectricUnited States

Fundamental

46

Price

$70.03

Market Cap

$4.25B

Part 1 · What the company is worth

Overview

NorthWestern Energy Group, Inc., doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and diversified industrial customers. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities. The company operates 6,596 miles of electric transmission and 18,946 miles of electric distribution lines with approximately 397 transmission and distribution substations; and 2,133 miles of natural gas transmission and 5,939 miles of natural gas distribution lines with approximately 134 city gate stations in Montana. It also operates 1,344 miles of electric transmission and 2,386 miles of electric distribution lines in South Dakota with approximately 123 transmission and distribution substations; and 55 miles of natural gas transmission, 1,853 miles of natural gas distribution lines in South Dakota, and 836 miles of natural gas distribution lines Nebraska. The company provides electricity and/or natural gas to approximately 850,300 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. NorthWestern Energy Group, Inc. was incorporated in 1923 and is based in Sioux Falls, South Dakota.

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Direct competitors

Who this company fights with for the same customers

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No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$1.69B

Trailing 12 months (through 6/30/2026)

Net Income

$171M

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$-130M

Total Equity

$2.89B

Total Liabilities

$5.57B

Current Ratio

0.83

Interest Coverage

-

Debt/EBITDA

6.25

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

Regulated utilityOvervalued

Fair Value

$51.46

Current Price

$70.03

Margin of Safety

-36.1%

Fair Value Range

$36.95 - $65.97

Estimation Methods

Analyst price target:$74.25
Discounted cash flow (DCF):$50.14
Earnings multiple (P/E):$49.82
Graham growth formula:Not applicable to this type of company
Earnings power value (EPV):$50.94
Justified P/B:Not applicable to this type of company
Dividend discount (Gordon):$35.98
P/FFO, funds from operations:Not applicable to this type of company
Mid-cycle earnings:Not applicable to this type of company
Revenue multiple:Not applicable to this type of company
Analyst Consensus:Buy (6B / 5H / 0S)
Last Earnings Surprise:+13.58%

Valuation Metrics

P/E Ratio

25.15

ROE

6.3%

P/B Ratio

1.48

P/FCF

-

Gross Margin

-

ROIC

3.1%

Profitability Radar

Value Creation (Economic Moat)

ROIC

3.1%

WACC

4.4%

ROIC − WACC

-1.3 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

Fundamental Analysis Criteria

Passed (11)

  • P/B Ratio 1.48
  • Debt/Equity ratio
  • Operating Margin 18.8%
  • Current Ratio
  • Low reliance on intangibles
  • Revenue Growth 5Y 5.1%
  • Analyst Consensus 55% Buy
  • Earnings Surprise avg 5.6%
  • Earnings Quality (OCF/NI) 2.43
  • Share Dilution 0.3%
  • Piotroski F-Score 6/9

Failed (11)

  • EPS shows upward trend
  • EPS CAGR -4.94%
  • Price CAGR 2.02%
  • ROIC 3.1%
  • Positive Free Cash Flow
  • Debt/EBITDA
  • Return on Tangible Assets
  • Price below Graham Number
  • DCF valuation (Unknown)
  • ROE 5.9%
  • Net Margin Trend 10.1% vs 14.8%

Unavailable (6)

  • Gross Margin NaN%
  • P/FCF NaN
  • Dividend Payout NaN%
  • CapEx intensity
  • Interest Coverage
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-Score

6/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

2.43

High quality: earnings backed by cash

Share Dilution

0.3%

Share count is stable

Governance

Executive Team

NameTitleAge
Mr. Brian B. BirdCEO, President & Director65
Ms. Crystal Dawn LailVP & CFO47
Ms. Shannon M. Heim Esq.VP of Federal Government Affairs & General Counsel52
Ms. Bobbi L. SchroeppelVice President of Customer Care, Communications & Human Resources56
Mr. Jason MerkelVice President of Operations57
Mr. Travis MeyerDirector of Corporate Finance & Investor Relations Officer-
Ms. Jeanne M. VoldVice President of Technology58
Mr. Michael L. NiemanChief Audit & Compliance Officer-
Mr. Daniel L. RauschTreasurer & Corporate Development Officer-
Mr. Timothy P. OlsonSenior Corporate Counsel & Corporate Secretary-

Audit Risk

4

Board Risk

1

Compensation Risk

1

Shareholder Rights Risk

7

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Latest News

Recent headlines for NWE, sourced from Markets Gazette.

No recent news for NWE.