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NorthWestern Energy GroupNWE +0.27%76 EV-to-EBITDA is 13.41 as of Aug. 21, 2026, which is 13% above its 10-year median of 11.88. GuruFocus rates NWE with a GF Score™ of 76/100 and a GF Value™ of $61.97 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 466 Utilities - Regulated companies, NorthWestern Energy Group ranks worse than 75.75% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, NorthWestern Energy Group's enterprise value is $7,949 Mil.
NorthWestern Energy Group's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $593 Mil. Therefore, NorthWestern Energy Group's EV-to-EBITDA for today is 13.41.
The historical rank and industry rank for NorthWestern Energy Group's EV-to-EBITDA or its related term are showing as below:
NWE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.3 Med: 11.88 Max: 14.03
Current: 13.41
During the past 13 years, the highest EV-to-EBITDA of NorthWestern Energy Group was 14.03. The lowest was 10.30. And the median was 11.88.
NWE's EV-to-EBITDA is ranked worse than 75.75% of 466
companies
in the Utilities - Regulated industry
Industry Median: 9.83
vs NWE: 13.41
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
NorthWestern Energy Group (NAS:NWE) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
NorthWestern Energy Group's PE Ratio (TTM) for today is calculated as:
NorthWestern Energy Group's share price for today is $70.81.
NorthWestern Energy Group's Earnings per Share (Diluted) 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 $2.770.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* 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.
For the Utilities - Regulated Electric subindustry, NorthWestern Energy Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
NorthWestern Energy Group EV-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, NorthWestern Energy Group's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where NorthWestern Energy Group's EV-to-EBITDA falls into.
NorthWestern Energy Group's current Enterprise Value is $7,949 Mil.
NorthWestern Energy Group's EBITDA 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 $593 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.
NorthWestern Energy Group (NWE) has a EV-to-EBITDA of 13.41 as of Aug. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on NorthWestern Energy Group. This is 13% above median its historical median of 11.88. Over the past decade, NorthWestern Energy Group's EV-to-EBITDA has ranged from 10.30 to 14.03. According to the industry distribution chart, NorthWestern Energy Group ranks #353 out of 466 companies in the Utilities - Regulated industry, placing it in the top 75.8%.
Is NorthWestern Energy Group's EV-to-EBITDA too high?
NorthWestern Energy Group's current EV-to-EBITDA of 13.41 is 13% above median its 10-year median of 11.88. Over the past 10 years, this metric has ranged from a low of 10.30 to a high of 14.03. The Utilities - Regulated industry median EV-to-EBITDA is 9.83. NorthWestern Energy Group's value of 13.41 is 36.4% above this industry median. Based on the distribution chart, NorthWestern Energy Group ranks #353 out of 466 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, NorthWestern Energy Group has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorthWestern Energy Group's EV-to-EBITDA compare to MGEE and POR?
According to the Utilities - Regulated industry distribution chart, NorthWestern Energy Group ranks #353 out of 466 companies for EV-to-EBITDA. This places NorthWestern Energy Group in the lower half of its industry. The industry median EV-to-EBITDA is 9.83. NorthWestern Energy Group's value of 13.41 is 36.4% above this benchmark. Historically, NorthWestern Energy Group's own EV-to-EBITDA has ranged from 10.30 to 14.03 over the past decade. While the company's 10-year median is 11.88 vs. the industry median of 9.83, NorthWestern Energy Group 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-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.83, based on 466 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NorthWestern Energy Group's current EV-to-EBITDA of 13.41 is 36.4% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on NorthWestern Energy Group. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NorthWestern Energy Group's current EV-to-EBITDA is 13.41, which is 13% above median its own 10-year median of 11.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorthWestern Energy Group stock overvalued right now?
Based on GuruFocus' analysis, NorthWestern Energy Group (NWE) is currently considered Modestly Overvalued. The stock's GF Value™ is $61.97, compared to a current price of $70.81 — trading 14.3% above its estimated fair value. The current EV-to-EBITDA is 13.41, which is 13% above median its 10-year median of 11.88 and 36.4% above the Utilities - Regulated industry median of 9.83. NorthWestern Energy Group's overall GF Score™ is 76/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For NorthWestern Energy Group (NWE), the current EV-to-EBITDA is 13.41 as of Aug. 21, 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 NorthWestern Energy Group (NWE) Overvalued in 2026?
Based on GuruFocus' analysis, NorthWestern Energy Group stock appears to be overvalued.
The current stock price of $70.81 is trading 14.3% above its estimated GF Value™ of $61.97.
GuruFocus considers NorthWestern Energy Group to be Modestly Overvalued.
Key valuation signals for NWE:
EV-to-EBITDA: 13.41 (13% above median its 10-year median of 11.88)
GF Value™: $61.97 vs. price of $70.81 (14.3% above fair value)
Industry Position: 36.4% above the Utilities - Regulated median (#353 of 466)
No single metric tells the full story. See the NWE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NorthWestern Energy Group Inc provides electricity and natural gas services in the Upper Midwest and Northwest of the U.S. in the states of Montana, South Dakota, Nebraska, and Yellowstone National Park. The company's primary segments include Electric, which includes the generation, purchase, transmission, and distribution of electricity, and Natural Gas, which includes the production, purchase, transmission, storage, and distribution of natural gas. It uses thermal, wind, hydro, or renewable energy in varying quantities, depending on the location of the facilities, to generate power. The company derives the majority of its revenue from the Electric segment.
76GF Score
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