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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Pinnacle West Capital's Enterprise Value is $28,436 Mil.
Pinnacle West Capital's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-992 Mil. Therefore, Pinnacle West Capital's EV-to-FCF for today is -28.67.
The historical rank and industry rank for Pinnacle West Capital's EV-to-FCF or its related term are showing as below:
PNW'
s EV-to-FCF Range Over the Past 10 Years
Min: -86.75 Med: -33.97 Max: 1143.52
Current: -28.67
During the past 13 years, the highest EV-to-FCF of Pinnacle West Capital was 1143.52. The lowest was -86.75. And the median was -33.97.
PNW's EV-to-FCF is ranked worse than 100% of 300
companies
in the Utilities - Regulated industry
Industry Median: 18.24
vs PNW: -28.67
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.
Pinnacle West Capital (NYSE:PNW) EV-to-FCF Explanation
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.
Pinnacle West Capital's PE Ratio (TTM) for today is calculated as:
Pinnacle West Capital's share price for today is $109.39.
Pinnacle West Capital'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 $5.370.
* 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.
* 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, Pinnacle West Capital'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.
Pinnacle West Capital EV-to-FCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Pinnacle West Capital's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Pinnacle West Capital's EV-to-FCF falls into.
Pinnacle West Capital's current Enterprise Value is $28,436 Mil.
Pinnacle West Capital'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 $-992 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.
Pinnacle West Capital (PNW) has a EV-to-FCF of -28.67 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Pinnacle West Capital and its competitors. According to the industry distribution chart, Pinnacle West Capital ranks #999999 out of 300 companies in the Utilities - Regulated industry.
Is Pinnacle West Capital's EV-to-FCF too high?
Pinnacle West Capital's current EV-to-FCF is -28.67. Based on the distribution chart, Pinnacle West Capital ranks #999999 out of 300 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Pinnacle West Capital has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pinnacle West Capital's EV-to-FCF compare to OGE and IDA?
According to the Utilities - Regulated industry distribution chart, Pinnacle West Capital ranks #999999 out of 300 companies for EV-to-FCF. This places Pinnacle West Capital in the lower half of its industry. The industry median EV-to-FCF is 18.24. 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 18.24, based on 300 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 Pinnacle West Capital and its competitors. For the Utilities - Regulated industry, the median EV-to-FCF is 18.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pinnacle West Capital's current EV-to-FCF is -28.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pinnacle West Capital stock overvalued right now?
Based on GuruFocus' analysis, Pinnacle West Capital (PNW) is currently considered Modestly Overvalued. The stock's GF Value™ is $90.02, compared to a current price of $109.39 — trading 21.5% above its estimated fair value. The current EV-to-FCF is -28.67. Pinnacle West Capital's overall GF Score™ is 72/100 with 14 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 Pinnacle West Capital (PNW), the current EV-to-FCF is -28.67 as of Jul. 14, 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 Pinnacle West Capital (PNW) Overvalued in 2026?
Based on GuruFocus' analysis, Pinnacle West Capital stock appears to be overvalued.
The current stock price of $109.39 is trading 21.5% above its estimated GF Value™ of $90.02.
GuruFocus considers Pinnacle West Capital to be Modestly Overvalued.
Key valuation signals for PNW:
EV-to-FCF: -28.67
GF Value™: $90.02 vs. price of $109.39 (21.5% above fair value)
No single metric tells the full story. See the PNW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility serving approximately 1.4 million customers across a 35,000-square-mile territory in central Arizona, including the Phoenix area. APS owns or leases 6.5 gigawatts of power generation capacity, including a 29% ownership stake in one of the largest nuclear plants in the US, Palo Verde. Half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear.
72GF Score
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