Tennessee Valley Authority PARRS A 2029 (TVE) is a publicly traded company in the Utilities — Independent Power Producers industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Tennessee Valley Authority provides electricity for utility and business customers in the United States. The firm sells power to distributor who then resells power to their customers at retail rates. Its distributor customers consist of municipalities and other local government entities, and customer-owned entities. It also sells power to directly served customers, consisting primarily of federal agencies and customers with large or unusual loads.
Price
| Price | $23.40 |
| Market Cap | $12M |
| Exchange | NYSE |
| Country | US |
Valuation Ratios
| Price / Book | 0.00 |
| EV / EBITDA | 4.71 |
| Dividend Yield | 2.37% |
Profitability
| Return on Equity | 7.35% |
| Return on Invested Capital | 4.52% |
| Return on Assets | 2.23% |
| Gross Margin | 40.07% |
| Operating Margin | 20.07% |
| Net Margin | 1.58% |
Financial Health
| Debt / Equity | 1.29 |
| Current Ratio | 0.97 |
What to look at in Utilities
Regulated businesses with slow growth but reliable dividends. They are bonds on steroids — look at debt, rates, and payout consistency.
- Regulated ROE (8-12%) — Utilities have an "allowed" ROE set by the regulator. Out of range = anomaly
- 5y EPS growth — Stable utilities grow EPS 4-6% annually — more = anomaly, less = dead
- 10y dividend growth — Top utilities ("Dividend Aristocrats") raise dividend 25+ consecutive years
- Net debt / EBITDA — Utilities use a lot of debt — >6x with high rates is an alarm
- Interest Coverage — EBITDA / interest. If it drops <3x during rate hikes, the dividend is in danger
- Payout Ratio — In utilities it is normally high (60-80%), but >90% indicates stress
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| TVE | Tennessee Valley Authority PARRS A 2029 | $12M | 0.00 | 7.3% | |
| CEG | Constellation Energy Corporation | $103.7B | 47.74 | 7.62 | 14.7% |
| VST | Vistra Corp. | $47.3B | 23.57 | 8.75 | 41.5% |
| NRG | NRG Energy, Inc. | $22.7B | 26.74 | 4.40 | 25.4% |
| 0K4C.L | NRG Energy, Inc. | $21.8B | 28.06 | 4.61 | 25.4% |
| TLN | Talen Energy Corporation | $14.2B | 8.05 | -14.1% | |
| CPX.TO | Capital Power Corporation | $9.4B | 65.16 | 1.78 | 3.3% |
| CNA.L | Centrica plc | $6.9B |
Explore sector: Utilities · Independent Power Producers
More sections of TVE: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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