Advertisement
New Zealand markets closed
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NZD/USD

    0.5943
    +0.0006 (+0.10%)
     
  • NZD/EUR

    0.5548
    +0.0002 (+0.03%)
     
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • OIL

    82.87
    +0.06 (+0.07%)
     
  • GOLD

    2,326.10
    -12.30 (-0.53%)
     
  • NASDAQ

    17,526.80
    +55.33 (+0.32%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • Dow Jones

    38,460.92
    -42.77 (-0.11%)
     
  • DAX

    18,088.70
    -48.95 (-0.27%)
     
  • Hang Seng

    17,295.93
    +94.66 (+0.55%)
     
  • NIKKEI 225

    37,711.51
    -748.57 (-1.95%)
     
  • NZD/JPY

    92.3550
    +0.2400 (+0.26%)
     

NEE, DUK, SO, and D: Which Top Utility Seems Fairly Valued?

NEE, DUK, SO, and D: Which Top Utility Seems Fairly Valued?

Utilities became expensive last month. The biggest of them all, NextEra Energy (NEE), is currently trading at an EV1-to-EBITDA valuation multiple of ~15x, notably higher than its five-year average of ~12x.