Valuation models
price $46.91 · as of Nov 2, 2026
DCF · Perpetuity growth · 5y5.84 – 61.4819.01147% overvaluedDCF · Perpetuity growth · 10y—14.13232% overvaluedDCF · EBITDA exit · 5y55.32 – 65.6060.3222% undervaluedDCF · EBITDA exit · 10y43.18 – 62.5352.3510% undervaluedP/E · peers42.13 – 53.7643.967% overvaluedP/E · own historyused44.54 – 62.4353.5812% undervaluedPEG—53.6313% undervaluedEV/EBITDA · peers37.01 – 47.1842.2411% overvaluedEV/Revenue · peers59.95 – 106.9883.8744% undervaluedDividend discount31.52 – 89.3848.473% undervaluedWall St. consensus target—48.503% belowCost of capital (WACC)—5.75%—
P/E · own history leads for a regulated utility. How the headline model is chosen.
Model value · P/E · own history
53.58
FirstEnergy closed at $46.91 — undervalued by 12% vs model.
44.54the model's range62.43
P/E · own history leads for a regulated utility. From its own five-year median P/E applied to its earnings.
Other models
14.13 – 83.87
Wall St. target
48.50 3% below
Below model, 1y
22 of 30 days
How it is valued
Valued asRegulated utility
Low/slowing growth (~8% recent)Moderate margins (7% net margin)Strong dividend yieldHighly cyclical earningsHigh leverage (D/E 2.2x)Negative free cash flow
Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; how each model works is in the manual.