Valuation Pinnacle West Capital Corporation

Equities

Real-time Estimate Cboe BZX Other stock markets 09:01:28 14/04/2026 pm IST			5-day change	1st Jan Change
102.54 ^USD	-0.09%		+0.15%	+15.48%

07:12pm	Argus Adjusts Price Target on Pinnacle West Capital to $106 From $95, Maintains Buy Rating	MT
20/03	Morgan Stanley Adjusts Price Target on Pinnacle West Capital to $99 From $96, Maintains Equalweight Rating	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	7,964	8,603	8,147	9,638	10,617	12,409	-	-
Change	-	8.03%	-5.31%	18.31%	10.15%	16.88%	-	-
Enterprise Value (EV) ¹	15,160	16,731	17,167	19,062	21,173	23,514	24,471	26,170
Change	-	10.37%	2.6%	11.04%	11.07%	11.06%	4.07%	6.94%
P/E ratio	12.9x	17.8x	16.3x	16.2x	17.6x	21.8x	18.1x	16.9x
PBR	1.35x	1.42x	1.32x	1.42x	1.52x	1.64x	1.58x	1.51x
PEG	-	-0.8x	4.63x	0.9x	-4.85x	-3.15x	0.9x	2.3x
Capitalization / Revenue	2.09x	1.99x	1.73x	1.88x	1.99x	2.24x	2.08x	1.98x
EV / Revenue	3.99x	3.87x	3.66x	3.72x	3.96x	4.25x	4.11x	4.18x
EV / EBITDA	9.3x	10.6x	10.6x	9.99x	10.7x	11.1x	10.1x	9.78x
EV / EBIT	18.8x	22.9x	20.8x	18.8x	19.8x	21.5x	18.5x	17.7x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	3.34	3.42	3.48	3.54	3.6	3.703	3.84	3.921
Rate of return	4.73%	4.5%	4.84%	4.18%	4.06%	3.61%	3.74%	3.82%
EPS ²	5.47	4.26	4.41	5.24	5.05	4.7	5.66	6.076
Distribution rate	61.1%	80.3%	78.9%	67.6%	71.3%	78.8%	67.9%	64.5%
Net sales ¹	3,804	4,324	4,696	5,125	5,340	5,535	5,954	6,260
EBITDA ¹	1,630	1,584	1,619	1,907	1,983	2,120	2,427	2,675
EBIT ¹	805.3	731.9	824.6	1,012	1,068	1,093	1,321	1,479
Net income ¹	618.7	483.6	501.6	608.8	616.5	584.5	732.6	806.8
Net Debt ¹	7,196	8,128	9,020	9,423	10,556	11,106	12,062	13,761
Reference price ²	70.59	76.04	71.84	84.77	88.70	102.63	102.63	102.63
Nbr of stocks (in thousands)	1,12,819	1,13,140	1,13,398	1,13,700	1,19,690	1,20,905	-	-
Announcement Date	25/02/22	27/02/23	27/02/24	25/02/25	25/02/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
PINNACLE WEST CAPITAL CORPORATION	21.83x	4.25x	11.09x	3.61%	1.24TCr
GE VERNOVA INC.	67.29x	5.76x	44.72x	0.19%	27TCr
NEXTERA ENERGY	23.13x	9.43x	15.76x	2.69%	19TCr
IBERDROLA, S.A.	20.37x	4.04x	11.42x	3.64%	16TCr
ENEL S.P.A.	14.42x	1.96x	6.88x	4.93%	12TCr
SOUTHERN COMPANY	21.24x	6.01x	13.11x	3.17%	11TCr
CONSTELLATION ENERGY CORPORATION	25.26x	3.91x	14.02x	0.59%	11TCr
DUKE ENERGY CORPORATION	19.36x	5.82x	11.6x	3.36%	10TCr
AMERICAN ELECTRIC POWER COMPANY, INC.	21.23x	5.3x	12.53x	2.89%	7.29TCr
DOMINION ENERGY, INC.	17.54x	6.28x	12.86x	4.24%	5.53TCr
Average	25.17x	5.28x	15.40x	2.93%	11.87TCr
Weighted average by Cap.	31.14x	5.60x	19.69x	2.48%