MGE Energy Financials

MGEE Stock  USD 104.75  0.61  0.59%   
Based on the key measurements obtained from MGE Energy's financial statements, MGE Energy is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At present, MGE Energy's Property Plant And Equipment Net is projected to increase significantly based on the last few years of reporting. The current year's Current Deferred Revenue is expected to grow to 1.05, whereas Total Assets are forecasted to decline to about 1.4 B. Key indicators impacting MGE Energy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.0880.1705
Way Down
Slightly volatile
Return On Assets0.03460.044
Significantly Down
Slightly volatile
Return On Equity0.120.1032
Fairly Up
Slightly volatile
Debt Equity Ratio0.840.6684
Significantly Up
Very volatile
Operating Income95 M146.4 M
Way Down
Slightly volatile
Current Ratio1.321.5157
Fairly Down
Slightly volatile
The financial analysis of MGE Energy is a critical element in measuring its lifeblood. Investors should not minimize MGE Energy's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

123.58 Million

  
Understanding current and past MGE Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of MGE Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in MGE Energy's assets may result in an increase in income on the income statement.
Please note, the presentation of MGE Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MGE Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of MGE Energy's management manipulating its earnings.

MGE Energy Stock Summary

MGE Energy competes with CMS Energy, Ameren Corp, Pinnacle West, Evergy,, and Portland General. MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. As of December 31, 2021, the company generated and distributed electricity to 159,000 customers in Dane County, Wisconsin and purchased and distributed natural gas to 169,000 customers in seven Wisconsin counties. Mge Energy is traded on NASDAQ Exchange in the United States.
Specialization
Utilities, Utilities - Regulated Electric
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS55277P1049
CUSIP55277P104 557497104
LocationWisconsin; U.S.A
Business Address133 South Blair
SectorElectric Utilities
IndustryUtilities
BenchmarkDow Jones Industrial
Websitewww.mgeenergy.com
Phone608 252 7000
CurrencyUSD - US Dollar

MGE Energy Key Financial Ratios

MGE Energy Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.3B2.4B2.5B2.7B1.4B
Other Current Liab34.0M77.8M42.1M39.7M47.3M28.9M
Net Debt537.3M549.4M624.5M715.6M768.9M807.3M
Retained Earnings504.7M545.4M596.4M649.9M707.2M742.5M
Accounts Payable55.2M54.6M64.1M59.3M65.5M43.9M
Cash23.5M44.7M17.4M11.6M11.1M10.6M
Net Receivables74.3M76.2M97.1M109.9M95.5M77.2M
Inventory45.3M47.3M52.0M74.3M72.6M43.5M
Other Current Assets21.7M41.3M32.9M47.7M58.9M61.8M
Total Liab1.2B1.3B1.3B1.4B1.5B849.1M
Total Current Assets181.6M209.5M199.4M243.5M238.2M183.0M
Short Term Debt19.7M58.5M11.6M126.0M44.4M43.9M
Other Liab555.6M544.1M595.1M600.6M690.7M725.2M
Other Assets153.5M413.8M195.0M176.5M202.9M143.3M
Net Tangible Assets1.4B1.5B1.6B1.7B1.9B1.4B
Long Term Debt Total523.7M519.3M614.2M585.2M673.0M503.7M

MGE Energy Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense24.3M23.5M24.1M26.6M30.4M15.7M
Total Revenue568.9M538.6M606.6M714.5M690.4M457.8M
Gross Profit203.2M203.9M213.6M243.9M269.0M235.6M
Operating Income111.8M110.0M117.3M137.7M146.4M95.0M
Ebit111.8M135.4M134.0M163.8M175.9M119.2M
Ebitda194.1M209.6M211.0M249.4M276.3M171.4M
Net Income80.8M92.4M105.8M111.0M117.7M123.6M
Income Tax Expense17.4M19.4M4.1M26.2M27.8M14.9M
Cost Of Revenue365.6M334.7M393.0M470.6M421.4M288.9M
Income Before Tax98.2M111.8M109.9M137.2M145.5M87.9M

MGE Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MGE Energy's current stock value. Our valuation model uses many indicators to compare MGE Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MGE Energy competition to find correlations between indicators driving MGE Energy's intrinsic value. More Info.
MGE Energy is regarded third in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers reporting about  0.35  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MGE Energy is roughly  2.88 . At present, MGE Energy's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value MGE Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

MGE Energy Systematic Risk

MGE Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MGE Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on MGE Energy correlated with the market. If Beta is less than 0 MGE Energy generally moves in the opposite direction as compared to the market. If MGE Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MGE Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MGE Energy is generally in the same direction as the market. If Beta > 1 MGE Energy moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in MGE Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MGE Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of MGE Energy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

3.98

At present, MGE Energy's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

MGE Energy November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of MGE Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MGE Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of MGE Energy based on widely used predictive technical indicators. In general, we focus on analyzing MGE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MGE Energy's daily price indicators and compare them against related drivers.

Complementary Tools for MGE Stock analysis

When running MGE Energy's price analysis, check to measure MGE Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MGE Energy is operating at the current time. Most of MGE Energy's value examination focuses on studying past and present price action to predict the probability of MGE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGE Energy's price. Additionally, you may evaluate how the addition of MGE Energy to your portfolios can decrease your overall portfolio volatility.
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