GAS

AGL Resources Inc

Exchange: NYSESector: UtilitiesIndustry: Utilities - Regulated Gas

DELISTED - AGL Resources Inc. (AGL Resources) is an energy services holding company whose principal business is the distribution of natural gas. AGL Resources operates its natural gas in seven states includes Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee and Maryland. As of December 31, 2011, the Company's seven utilities served approximately 4.5 million customers. It is involved in several related and complementary businesses. Its retail operations segment serves more than one million retail customers and markets natural gas and related home services to customers in Georgia, Illinois, Ohio, Florida and New York. The Company operates in five operating segments: distribution operations, retail operations, wholesale services, midstream operations, cargo shipping and one non-operating segment-other. On December 9, 2011, the Company completed its merger with Nicor Inc.

Current Price

$65.97

GoodMoat Value

$69.86

5.9% undervalued

Profile

Valuation (TTM)

Market Cap$7.94B

P/E23.22

EV—

P/B2.02

Shares Out120.38M

P/Sales2.23

Revenue$3.55B

EV/EBITDA10.85

AGL Resources Inc (GAS) Valuation

GAS Fair Value Estimate

$69.865.9% undervalued

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

GAS Valuation Metrics

FCF$354.00M

FCF Growth Rate20.44%

EPS Growth (CAGR)8.04%

WACC10.00%

Fair Value Models

Graham Number, PEG-based, and Earnings-based models

View Fair Value →

GAS Valuation & Fair Value Analysis

AGL Resources Inc (GAS) 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 AGL Resources Inc is $69.86. The current stock price is $65.97, suggesting the stock is 5.9% undervalued.

The price-to-earnings (P/E) ratio is 23.22. Price-to-book ratio is 2.02. Price-to-sales ratio is 2.23. Enterprise value to EBITDA is 10.85. PEG ratio is -3.76.

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 AGL Resources Inc's intrinsic value.