MGEE (MGE Energy) EV-to-EBIT: 18.81 (As of Aug. 25, 2026) — 10% Below Median

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MGEE MGE Energy Inc MGEE
75 GF Score
Price $79.32
GF Value $86.89
Valuation Fairly Valued
! 4 Warning Signs
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What is MGE Energy EV-to-EBIT?

MGE Energy MGEE +0.81% 75 EV-to-EBIT is 18.81 as of Aug. 25, 2026, which is 10% below its 10-year median of 21.01. GuruFocus rates MGEE with a GF Score™ of 75/100 and a GF Value™ of $86.89 (Fairly Valued). The stock has 4 warning signs investors should review. Among 462 Utilities - Regulated companies, MGE Energy ranks worse than 69.91% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, MGE Energy's Enterprise Value is $3,914.8 Mil. MGE Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $208.1 Mil. Therefore, MGE Energy's EV-to-EBIT for today is 18.81.

The historical rank and industry rank for MGE Energy's EV-to-EBIT or its related term are showing as below:

MGEE' s EV-to-EBIT Range Over the Past 10 Years
Min: 15.4   Med: 21.01   Max: 27.74
Current: 18.81

During the past 13 years, the highest EV-to-EBIT of MGE Energy was 27.74. The lowest was 15.40. And the median was 21.01.

MGEE's EV-to-EBIT is ranked worse than
69.91% of 462 companies
in the Utilities - Regulated industry
Industry Median: 13.36 vs MGEE: 18.81

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. MGE Energy's Enterprise Value for the quarter that ended in Jun. 2026 was $3,998.4 Mil. MGE Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $208.1 Mil. MGE Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 5.20%.


MGE Energy  (NAS:MGEE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

MGE Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=208.116/3998.40474
=5.20 %

MGE Energy's Enterprise Value for the quarter that ended in Jun. 2026 was $3,998.4 Mil.
MGE Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $208.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MGE Energy EV-to-EBIT Related Terms


MGE Energy EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for MGE Energy's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MGE Energy EV-to-EBIT Chart

MGE Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.86 19.91 19.23 25.45 19.79

MGE Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.27 20.87 19.79 18.94 19.21

MGEE vs HE, NWE, NKLR: EV-to-EBIT Comparison

For the Utilities - Regulated Electric subindustry, MGE Energy's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MGE Energy EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, MGE Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MGE Energy's EV-to-EBIT falls into.


MGEE
75GF Score
MGE Energy Inc MGEE
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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MGE Energy EV-to-EBIT Calculation

MGE Energy's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3914.770/208.116
=18.81

MGE Energy's current Enterprise Value is $3,914.8 Mil.
MGE Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $208.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 18.81 mean?
MGE Energy (MGEE) has a EV-to-EBIT of 18.81 as of Aug. 25, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on MGE Energy and its competitors. This is 10% below median its historical median of 21.01. Over the past decade, MGE Energy's EV-to-EBIT has ranged from 15.40 to 27.74. According to the industry distribution chart, MGE Energy ranks #323 out of 462 companies in the Utilities - Regulated industry, placing it in the top 69.9%.
Is MGE Energy's EV-to-EBIT too high?
MGE Energy's current EV-to-EBIT of 18.81 is 10% below median its 10-year median of 21.01. Over the past 10 years, this metric has ranged from a low of 15.40 to a high of 27.74. The Utilities - Regulated industry median EV-to-EBIT is 13.36. MGE Energy's value of 18.81 is 40.8% above this industry median. Based on the distribution chart, MGE Energy ranks #323 out of 462 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, MGE Energy has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGE Energy's EV-to-EBIT compare to HE and NWE?
According to the Utilities - Regulated industry distribution chart, MGE Energy ranks #323 out of 462 companies for EV-to-EBIT. This places MGE Energy in the lower half of its industry. The industry median EV-to-EBIT is 13.36. MGE Energy's value of 18.81 is 40.8% above this benchmark. Historically, MGE Energy's own EV-to-EBIT has ranged from 15.40 to 27.74 over the past decade. While the company's 10-year median is 21.01 vs. the industry median of 13.36, MGE Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Utilities - Regulated company?
The median EV-to-EBIT among Utilities - Regulated companies is 13.36, based on 462 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MGE Energy's current EV-to-EBIT of 18.81 is 40.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on MGE Energy and its competitors. For the Utilities - Regulated industry, the median EV-to-EBIT is 13.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGE Energy's current EV-to-EBIT is 18.81, which is 10% below median its own 10-year median of 21.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGE Energy stock overvalued right now?
Based on GuruFocus' analysis, MGE Energy (MGEE) is currently considered Fairly Valued. The stock's GF Value™ is $86.89, compared to a current price of $79.32 — trading 8.7% below its estimated fair value. The current EV-to-EBIT is 18.81, which is 10% below median its 10-year median of 21.01 and 40.8% above the Utilities - Regulated industry median of 13.36. MGE Energy's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For MGE Energy (MGEE), the current EV-to-EBIT is 18.81 as of Aug. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MGE Energy (MGEE) Overvalued in 2026?

Based on GuruFocus' analysis, MGE Energy stock appears to be undervalued. The current stock price of $79.32 is trading 8.7% below its estimated GF Value™ of $86.89. GuruFocus considers MGE Energy to be Fairly Valued.

Key valuation signals for MGEE:

  • EV-to-EBIT: 18.81 (10% below median its 10-year median of 21.01)
  • GF Value™: $86.89 vs. price of $79.32 (8.7% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 40.8% above the Utilities - Regulated median (#323 of 462)

No single metric tells the full story. See the MGEE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MGE Energy Business Description

Address 133 South Blair Street, Madison, WI, USA, 53788
MGE Energy provides electric service to 170,000 customers and natural gas service to 180,000 customers in Madison, Wisconsin, and surrounding areas. Nearly 90% of customers are residential. The company also owns a 3.6% stake in American Transmission Co. MGE owns interests in two coal power plants that earn guaranteed fixed rates of return, contributing about 20% of earnings.
75GF Score

Get the complete analysis for MGEE

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$79.32
Price
$86.89
GF Value