PNM
PNM Resources Inc
Price:  
36.51 
USD
Volume:  
3,029,151.00
United States | Electric Utilities
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PNM Fair Value

-63.52 %
Upside

As of 2024-03-01, the Fair Value of PNM Resources Inc (PNM) is 13.32 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 36.51 USD, the upside of PNM Resources Inc is -63.52%.

36.51 USD
Stock Price
13.32 USD
Fair Price
FAIR VALUE CALCULATION

PNM Fair Value

Peter Lynch's formula is:

PNM Fair Value
= Earnings Growth Rate x TTM EPS
PNM Fair Value
= 12.94 x 1.03
PNM Fair Value
= 13.32

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
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 77.90 173.30 196.36 170.06 88.35 141.19
YoY growth -9.63% 122.46% 13.30% -13.39% -48.05% 12.94%

PNM Fair Value - Key Data

Market Cap (mil) 3,133.65
P/E 35.47x
Forward P/E 38.09x
EPS 1.03
Avg earnings growth rate 12.94%
TTM earnings 88.34