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Black Hills Corporation

Exchange: NYSESector: UtilitiesIndustry: Utilities - Diversified

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.

Did you know?

Net income compounded at 6.5% annually over 6 years.

Current Price

$75.50

+0.28%

GoodMoat Value

$51.78

31.4% overvalued
Profile
Valuation (TTM)
Market Cap$5.70B
P/E19.53
EV
P/B1.49
Shares Out75.47M
P/Sales2.47
Revenue$2.31B
EV/EBITDA12.36

Black Hills Corporation (BKH) Valuation

BKH Fair Value Estimate

$51.7831.4% overvalued

Blended fair value estimate based on DCF, Graham Number, and earnings-based models.

BKH Valuation Metrics

FCF$-146.40M
FCF Growth Rate
EPS Growth (CAGR)6.55%
WACC10.00%

BKH Valuation & Fair Value Analysis

Black Hills Corporation (BKH) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.

The GoodMoat Fair Value target for Black Hills Corporation is $51.78. The current stock price is $75.50, suggesting the stock is 45.8% overvalued.

The price-to-earnings (P/E) ratio is 19.53. Price-to-book ratio is 1.49. Price-to-sales ratio is 2.47. Enterprise value to EBITDA is 12.36. PEG ratio is 8.99.

GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of Black Hills Corporation's intrinsic value.