Evergy Competitors
| EVRG Stock | USD 80.69 1.38 1.74% |
Evergy vs CMS Energy Correlation
Poor diversification
The correlation between Evergy and CMS is 0.76 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Evergy and CMS in the same portfolio, assuming nothing else is changed.
Moving together with Evergy Stock
The Evergy's current Return On Capital Employed is estimated to increase to 0.06, while Return On Tangible Assets are projected to decrease to 0.02. At this time, Evergy's Other Current Assets are most likely to increase significantly in the upcoming years. The Evergy's current Total Current Assets is estimated to increase to about 2.2 B, while Intangible Assets are projected to decrease to roughly 15 M.Evergy Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Evergy and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Evergy and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Evergy does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between Evergy Stock performing well and Evergy Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Evergy's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ED | 0.84 | 0.21 | 0.12 | (0.90) | 0.90 | 1.91 | 4.62 | |||
| WEC | 0.61 | 0.02 | (0.06) | (0.83) | 0.79 | 1.05 | 3.43 | |||
| PEG | 0.79 | 0.02 | (0.04) | 0.20 | 1.01 | 1.61 | 4.66 | |||
| DTE | 0.73 | 0.05 | (0.01) | 0.44 | 1.06 | 1.45 | 4.49 | |||
| AEE | 0.72 | 0.07 | 0.00 | 0.97 | 0.94 | 1.46 | 4.20 | |||
| FE | 0.69 | 0.11 | 0.03 | (0.83) | 0.80 | 1.65 | 4.07 | |||
| ETR | 0.87 | 0.06 | 0.02 | 0.25 | 1.08 | 1.90 | 4.91 | |||
| PPL | 0.85 | 0.01 | (0.05) | 0.16 | 1.19 | 1.58 | 4.62 | |||
| CMS | 0.73 | 0.02 | (0.04) | 0.29 | 1.03 | 1.31 | 4.16 |
Cross Equities Net Income Analysis
Compare Evergy and related stocks such as Consolidated Edison, WEC Energy Group, and Public Service Enterprise Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ED | 563.7 M | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.2 B | 1.2 B | 1.5 B | 1.4 B | 1.3 B | 1.1 B | 1.3 B | 1.7 B | 2.5 B | 1.8 B | 2.1 B | 2.2 B |
| WEC | 167.5 M | 526.2 M | 546.3 M | 577.4 M | 588.3 M | 640.3 M | 940.2 M | 1.2 B | 1.1 B | 1.1 B | 1.2 B | 1.3 B | 1.4 B | 1.3 B | 1.5 B | 1.6 B | 1.6 B |
| PEG | 544.6 M | 1.5 B | 1.3 B | 1.2 B | 1.5 B | 1.7 B | 887 M | 1.6 B | 1.4 B | 1.7 B | 1.9 B | (648 M) | 1 B | 2.6 B | 1.8 B | 2 B | 1 B |
| DTE | 437.5 M | 711 M | 610 M | 661 M | 905 M | 727 M | 868 M | 1.1 B | 1.1 B | 1.2 B | 1.4 B | 907 M | 1.1 B | 1.4 B | 1.4 B | 1.6 B | 1.7 B |
| AEE | 334.7 M | 519 M | (974 M) | 289 M | 586 M | 630 M | 653 M | 523 M | 815 M | 828 M | 871 M | 990 M | 1.1 B | 1.2 B | 1.2 B | 1.4 B | 1.4 B |
| FE | 305.8 M | 885 M | 770 M | 392 M | 299 M | 578 M | (6.2 B) | (1.7 B) | 1.3 B | 912 M | 1.1 B | 1.3 B | 406 M | 1.1 B | 978 M | 880.2 M | 924.2 M |
| ETR | 401 M | 1.4 B | 868.4 M | 730.6 M | 960.3 M | (156.7 M) | (564.5 M) | 425.4 M | 862.6 M | 1.3 B | 1.4 B | 1.1 B | 1.1 B | 2.4 B | 1.1 B | 1.2 B | 818 M |
| PPL | 290.6 M | 1.5 B | 1.5 B | 1.1 B | 1.7 B | 682 M | 1.9 B | 1.1 B | 1.8 B | 1.7 B | 1.5 B | (1.5 B) | 756 M | 740 M | 888 M | 1 B | 750 M |
| CMS | (269.8 M) | 415 M | 382 M | 452 M | 477 M | 523 M | 551 M | 460 M | 657 M | 680 M | 755 M | 1.4 B | 837 M | 887 M | 1 B | 1.1 B | 1.1 B |
Evergy and related stocks such as Consolidated Edison, WEC Energy Group, and Public Service Enterprise Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Evergy financial statement analysis. It represents the amount of money remaining after all of Evergy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Evergy Competitive Analysis
The better you understand Evergy competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Evergy's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Evergy's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Evergy Competition Performance Charts
Five steps to successful analysis of Evergy Competition
Evergy's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Evergy in relation to its competition. Evergy's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Evergy in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Evergy's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Evergy, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Evergy Correlation with its peers. For more detail on how to invest in Evergy Stock please use our How to Invest in Evergy guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Can Electric Utilities industry sustain growth momentum? Does Evergy have expansion opportunities? Factors like these will boost the valuation of Evergy. Projected growth potential of Evergy fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Evergy demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 0.005 | Dividend Share 2.67 | Earnings Share 3.65 | Revenue Per Share | Quarterly Revenue Growth (0) |
Understanding Evergy requires distinguishing between market price and book value, where the latter reflects Evergy's accounting equity. The concept of intrinsic value - what Evergy's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push Evergy's price substantially above or below its fundamental value.
It's important to distinguish between Evergy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Evergy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Evergy's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.