Business Description
PNM Resources Inc
NAICS : 221122
SIC : 4911
Description
PNM Resources Inc, or PNMR, is a holding company that owns regulated utilities companies providing electricity and electric services. PNMR segments its operations by its two subsidiaries, PNM and TNMP. PNM provides electric generation, transmission, and distribution services mainly to areas of New Mexico. While PNM uses a variety of fuel sources across its power plant portfolio, its coal and gas-fueled sites produce most of the energy. TNMP owns and operates transmission and distribution services primarily in small to medium-sized communities in Texas. Both subsidiaries generate revenue for PNMR through the sale of electricity and transmission service fees fairly evenly split between residential and commercial customers. PNM generates the vast majority of PNMR's total revenue.
Financial Strength
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Equity-to-Asset | 0.25 | |||||
| Debt-to-Equity | 1.9 | |||||
| Debt-to-EBITDA | 6.42 | |||||
| Interest Coverage | 3.33 | |||||
| Piotroski F-Score | 4/9 | |||||
| Altman Z-Score | 0.82 | |||||
| Beneish M-Score | -2.42 | |||||
| WACC vs ROIC | ||||||
Growth Rank
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 4.8 | |||||
| 3-Year EBITDA Growth Rate | 6.3 | |||||
| 3-Year EPS without NRI Growth Rate | 28.5 | |||||
| 3-Year FCF Growth Rate | -70.2 | |||||
| 3-Year Book Growth Rate | 6 | |||||
| Future 3-5Y EPS without NRI Growth Rate | 5.7 | |||||
| Future 3-5Y Total Revenue Growth Rate | 4.91 |
Momentum Rank
9/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 69.98 | |||||
| 9-Day RSI | 72.64 | |||||
| 14-Day RSI | 70.88 | |||||
| 6-1 Month Momentum % | -1.66 | |||||
| 12-1 Month Momentum % | 2.25 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 0.61 | |||||
| Quick Ratio | 0.52 | |||||
| Cash Ratio | 0.01 | |||||
| Days Inventory | 24.41 | |||||
| Days Sales Outstanding | 24.61 | |||||
| Days Payable | 47.06 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 2.83 | |||||
| Dividend Payout Ratio | 0.72 | |||||
| 3-Year Dividend Growth Rate | 7.3 | |||||
| Forward Dividend Yield % | 2.99 | |||||
| 5-Year Yield-on-Cost % | 4.22 | |||||
| 3-Year Average Share Buyback Ratio | -2.5 |
Profitability Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 51.44 | |||||
| Operating Margin % | 17.93 | |||||
| Net Margin % | 7.85 | |||||
| ROE % | 7.65 | |||||
| ROA % | 1.9 | |||||
| ROIC % | 3.81 | |||||
| ROC (Joel Greenblatt) % | 4.65 | |||||
| ROCE % | 3.94 | |||||
| Years of Profitability over Past 10-Year | 10 |
GF Value Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 25.51 | |||||
| Forward PE Ratio | 18.39 | |||||
| PE Ratio without NRI | 25.51 | |||||
| Shiller PE Ratio | 30.81 | |||||
| PEG Ratio | 19.62 | |||||
| PS Ratio | 2 | |||||
| PB Ratio | 1.91 | |||||
| Price-to-Tangible-Book | 2.19 | |||||
| Price-to-Operating-Cash-Flow | 7.43 | |||||
| EV-to-EBIT | 26.54 | |||||
| EV-to-Forward-EBIT | 19.08 | |||||
| EV-to-EBITDA | 12.86 | |||||
| EV-to-Forward-EBITDA | 10.48 | |||||
| EV-to-Revenue | 3.99 | |||||
| EV-to-Forward-Revenue | 4.19 | |||||
| EV-to-FCF | -14.63 | |||||
| Price-to-Projected-FCF | 14.2 | |||||
| Price-to-Median-PS-Value | 0.94 | |||||
| Price-to-Graham-Number | 1.57 | |||||
| Earnings Yield (Greenblatt) % | 3.77 | |||||
| Forward Rate of Return (Yacktman) % | -2.08 |