NJR
New Jersey Resources Corp
Price:  
47.83 
USD
Volume:  
530,532.00
United States | Gas Utilities
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NJR Fair Value

52.73 %
Upside

As of 2024-12-13, the Fair Value of New Jersey Resources Corp (NJR) is 73.05 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 47.83 USD, the upside of New Jersey Resources Corp is 52.73%.

47.83 USD
Stock Price
73.05 USD
Fair Price
FAIR VALUE CALCULATION

NJR Fair Value

Peter Lynch's formula is:

NJR Fair Value
= Earnings Growth Rate x TTM EPS
NJR Fair Value
= 25.00 x 2.92
NJR Fair Value
= 73.05

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30 5Y Avg
Net income 163.00 117.90 274.90 264.70 289.77 222.05
YoY growth 31.56% -27.67% 133.16% -3.71% 9.47% 28.56%

NJR Fair Value - Key Data

Market Cap (mil) 4,743.30
P/E 16.37x
Forward P/E 14.69x
EPS 2.92
Avg earnings growth rate 28.56%
TTM earnings 289.77