Via Renewables, Inc. (VIASP)

Electric & Other Services Combined

Latest Price

$25.62

TTM P/E

29.79

Normalized P/E

13.10

Div Yield

Book Value

17.49

P/B Ratio

1.47

Valuation metrics

EPS: $2.70

Book value / share: $18.15

Formula: √(22.5 × EPS × BVPS)

Graham Number

$33.21

+30% upside

Norm. op. income: $46M (median of 7yr)

Tax rate: 26%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$70.80

+176% upside

Base FCF: $39M (median of recent 5yr)

Growth: 1%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$108.16

+322% upside

EPS: $2.70

Target P/E: 13×

Formula: EPS × P/E

P/E Fair Value

$35.10

+37% upside