Idacorp Stock Current Valuation
| IDA Stock | USD 110.32 0.14 0.13% |
Valuation analysis of IDACORP helps investors to measure IDACORP's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. The current year's Enterprise Value is expected to grow to about 2.7 B, whereas Enterprise Value Over EBITDA is forecasted to decline to 8.86. Fundamental drivers impacting IDACORP's valuation include:
Undervalued
Today
Please note that IDACORP's price fluctuation is very steady at this time. Calculation of the real value of IDACORP is based on 3 months time horizon. Increasing IDACORP's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since IDACORP is currently traded on the exchange, buyers and sellers on that exchange determine the market value of IDACORP Stock. However, IDACORP's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 110.32 | Real 121.7 | Target 117.75 | Hype 110.48 |
The real value of IDACORP Stock, also known as its intrinsic value, is the underlying worth of IDACORP Company, which is reflected in its stock price. It is based on IDACORP's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of IDACORP's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of IDACORP helps investors to forecast how IDACORP stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of IDACORP more accurately as focusing exclusively on IDACORP's fundamentals will not take into account other important factors: IDACORP Company Current Valuation Analysis
IDACORP's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current IDACORP Current Valuation | 8.56 B |
Most of IDACORP's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, IDACORP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
IDACORP Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for IDACORP is extremely important. It helps to project a fair market value of IDACORP Stock properly, considering its historical fundamentals such as Current Valuation. Since IDACORP's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of IDACORP's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of IDACORP's interrelated accounts and indicators.
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IDACORP Current Valuation Historical Pattern
Today, most investors in IDACORP Stock are looking for potential investment opportunities by analyzing not only static indicators but also various IDACORP's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of IDACORP current valuation as a starting point in their analysis.
IDACORP Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, IDACORP has a Current Valuation of 8.56 B. This is 18.73% lower than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The current valuation for all United States stocks is 48.48% higher than that of the company.
IDACORP Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IDACORP's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of IDACORP could also be used in its relative valuation, which is a method of valuing IDACORP by comparing valuation metrics of similar companies.IDACORP is currently under evaluation in current valuation category among its peers.
IDACORP ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, IDACORP's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to IDACORP's managers, analysts, and investors.Environmental | Governance | Social |
IDACORP Fundamentals
| Return On Equity | 0.0913 | ||||
| Return On Asset | 0.0229 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 8.56 B | ||||
| Shares Outstanding | 53.27 M | ||||
| Shares Owned By Insiders | 0.43 % | ||||
| Shares Owned By Institutions | 86.15 % | ||||
| Number Of Shares Shorted | 1.04 M | ||||
| Price To Earning | 22.84 X | ||||
| Price To Book | 1.79 X | ||||
| Price To Sales | 3.19 X | ||||
| Revenue | 1.77 B | ||||
| Gross Profit | 571.43 M | ||||
| EBITDA | 605.55 M | ||||
| Net Income | 261.89 M | ||||
| Cash And Equivalents | 177.58 M | ||||
| Cash Per Share | 5.20 X | ||||
| Total Debt | 2.83 B | ||||
| Debt To Equity | 0.79 % | ||||
| Current Ratio | 1.54 X | ||||
| Book Value Per Share | 61.38 X | ||||
| Cash Flow From Operations | 267.03 M | ||||
| Short Ratio | 3.52 X | ||||
| Earnings Per Share | 5.44 X | ||||
| Price To Earnings To Growth | 2.08 X | ||||
| Target Price | 117.75 | ||||
| Number Of Employees | 2.1 K | ||||
| Beta | 0.6 | ||||
| Market Capitalization | 5.88 B | ||||
| Total Asset | 8.48 B | ||||
| Retained Earnings | 2.04 B | ||||
| Working Capital | 369.98 M | ||||
| Current Asset | 387.83 M | ||||
| Current Liabilities | 573.16 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 2.65 % | ||||
| Net Asset | 8.48 B | ||||
| Last Dividend Paid | 3.32 |
About IDACORP Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze IDACORP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IDACORP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IDACORP based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out IDACORP Piotroski F Score and IDACORP Altman Z Score analysis. For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IDACORP. If investors know IDACORP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IDACORP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.024 | Dividend Share 3.32 | Earnings Share 5.44 | Revenue Per Share | Quarterly Revenue Growth 0.034 |
The market value of IDACORP is measured differently than its book value, which is the value of IDACORP that is recorded on the company's balance sheet. Investors also form their own opinion of IDACORP's value that differs from its market value or its book value, called intrinsic value, which is IDACORP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IDACORP's market value can be influenced by many factors that don't directly affect IDACORP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IDACORP's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDACORP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDACORP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.