Black Hills Corporation
Black Hills Corp. is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice. Based in Rapid City, South Dakota, the company serves more than 1.33 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.
Net income compounded at 6.5% annually over 6 years.
Current Price
$75.50
+0.28%GoodMoat Value
$51.78
31.4% overvaluedBlack Hills Corporation (BKH) Stock Analysis
BKH Financial Charts
FCF vs CAPEX
Cash vs Debt
Net Debt: 4.5B
Revenue
1.7B
FY19
1.7B
FY20
1.9B
FY21
2.6B
FY22
2.3B
FY23
2.1B
FY24
2.3B
FY25
Net Income
199M
FY19
228M
FY20
237M
FY21
258M
FY22
262M
FY23
273M
FY24
292M
FY25
BKH 52-Week Range
BKH's revenue grew at a 4.9% CAGR over the last 6 years.
Black Hills Corporation (BKH) Financial Summary
Black Hills Corporation (BKH) is a Utilities company in the Utilities - Diversified industry, listed on NYSE. The stock currently trades at $75.50 with a market capitalization of $5.70B.
Key valuation metrics include a P/E ratio of 19.53, price-to-book ratio of 1.49, and EPS of $3.98. The company reports a profit margin of 12.6% and return on equity of 7.6%.
BKH Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $5.70B |
| P/E Ratio | 19.53 |
| EPS | $3.98 |
| P/B Ratio | 1.49 |
| P/S Ratio | 2.47 |
| EV/EBITDA | 12.36 |
| Dividend Yield | 3.47% |
| Profit Margin | 12.6% |
| Return on Equity | 7.6% |
| Debt/Equity | 1.23 |
BKH Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $1.73B | $199.31M |
| FY20 | $1.70B | $227.61M |
| FY21 | $1.95B | $236.70M |
| FY22 | $2.55B | $258.40M |
| FY23 | $2.33B | $262.20M |
| FY24 | $2.13B | $273.10M |
| FY25 | $2.31B | $291.60M |
Black Hills Corporation (BKH) Valuation
Based on GoodMoat's DCF model, Black Hills Corporation has a fair value estimate of $51.78. At the current price of $75.50, the stock appears 45.8% overvalued relative to our intrinsic value estimate.
BKH Quality Indicators
Black Hills Corporation maintains a profit margin of 12.6% and an operating margin of 23.3%. Return on equity stands at 7.6%. The current ratio is 1.35. Debt-to-equity ratio is 1.23.
About Black Hills Corporation
Black Hills Corp. is a customer focused, growth-oriented utility company with a tradition of improving life with energy and a vision to be the energy partner of choice. Based in Rapid City, South Dakota, the company serves more than 1.33 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.
BKH Free Cash Flow
Black Hills Corporation generated $-146.40M in trailing twelve-month free cash flow, representing an FCF yield of -2.57%. This low FCF yield may reflect heavy reinvestment or growth spending.
BKH Shares Outstanding
Black Hills Corporation has 0.08 billion shares outstanding at a share price of $75.50, giving it a market capitalization of $5.70B.