MGE EnergyMGEE -1.05%69 EV-to-FCF is -30.88 as of Jul. 09, 2026. GuruFocus rates MGEE with a GF Score™ of 69/100 and a GF Value™ of $87.68 (Fairly Valued). The stock has 4 warning signs investors should review. Among 298 Utilities - Regulated companies, MGE Energy ranks worse than 335570.13% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, MGE Energy's Enterprise Value is $4,034.0 Mil.
MGE Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-130.6 Mil. Therefore, MGE Energy's EV-to-FCF for today is -30.88.
The historical rank and industry rank for MGE Energy's EV-to-FCF or its related term are showing as below:
MGEE'
s EV-to-FCF Range Over the Past 10 Years
Min: -6905.85 Med: -46.09 Max: 553.87
Current: -30.88
During the past 13 years, the highest EV-to-FCF of MGE Energy was 553.87. The lowest was -6905.85. And the median was -46.09.
MGEE's EV-to-FCF is ranked worse than 100% of 298
companies
in the Utilities - Regulated industry
Industry Median: 18.25
vs MGEE: -30.88
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
MGE Energy's share price for today is $82.19.
MGE Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.900.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
MGE Energy EV-to-FCF Related Terms
MGE Energy EV-to-FCF Historical Data
* Premium members only.
The historical data trend for MGE Energy's EV-to-FCF 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.
For the Utilities - Regulated Electric subindustry, MGE Energy's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, MGE Energy's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where MGE Energy's EV-to-FCF falls into.
MGE Energy's current Enterprise Value is $4,034.0 Mil.
MGE Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-130.6 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 (MGEE) has a EV-to-FCF of -30.88 as of Jul. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on MGE Energy and its competitors. According to the industry distribution chart, MGE Energy ranks #999999 out of 298 companies in the Utilities - Regulated industry.
Is MGE Energy's EV-to-FCF too high?
MGE Energy's current EV-to-FCF is -30.88. Based on the distribution chart, MGE Energy ranks #999999 out of 298 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, MGE Energy has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGE Energy's EV-to-FCF compare to HE and NWE?
According to the Utilities - Regulated industry distribution chart, MGE Energy ranks #999999 out of 298 companies for EV-to-FCF. This places MGE Energy in the lower half of its industry. The industry median EV-to-FCF is 18.25. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Utilities - Regulated company?
The median EV-to-FCF among Utilities - Regulated companies is 18.25, based on 298 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on MGE Energy and its competitors. For the Utilities - Regulated industry, the median EV-to-FCF is 18.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGE Energy's current EV-to-FCF is -30.88. 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 $87.68, compared to a current price of $82.19 — trading 6.3% below its estimated fair value. The current EV-to-FCF is -30.88. MGE Energy's overall GF Score™ is 69/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For MGE Energy (MGEE), the current EV-to-FCF is -30.88 as of Jul. 09, 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 $82.19 is trading 6.3% below its estimated GF Value™ of $87.68.
GuruFocus considers MGE Energy to be Fairly Valued.
Key valuation signals for MGEE:
EV-to-FCF: -30.88
GF Value™: $87.68 vs. price of $82.19 (6.3% below fair value)
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 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.
69GF Score
Get the complete analysis for MGEE
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MGEE has been successfully added to your 
