EN DE
STOCK COMPARISON

NRG Energy vs Constellation Energy: Fair Value & Quality

Both stocks run through our valuation models. Here is how NRG Energy (NRG) and Constellation Energy (CEG) compare, as of Aug 10, 2026.

As of Aug 10, 2026, Fair Value Calculator sees NRG Energy as the less overvalued of the two: NRG Energy trades at $118 versus a fair value of $56.02 (-53%), while Constellation Energy trades at $270 versus $89.08 (-67%).
NRG Energy
NRG · USD · Utilities
-53%
upside to fair value
overvalued
Price$118
Fair Value$56.02
Quality56/100
Constellation Energy
CEG · USD · Utilities
-67%
upside to fair value
overvalued
Price$270
Fair Value$89.08
Quality55/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

NRG EnergyConstellation Energy
Valuation
150.1×P/E (TTM)22.4×
0.88×P/S (TTM)3.08×
16.95×P/B6.34×
17.8×EV/EBITDA12.0×
0.47×PEG3.74×
1.4%Dividend yield0.6%
$1.83Dividend per share$1.59
Profitability
1%Net margin13%
4%Operating margin22%
6%Return on equity16%
2%Return on assets4%
Growth
20%Revenue growth (YoY)64%
-0.9%Avg. growth/yr (3Y)1.5%
27.6%Avg. growth/yr (5Y)7.7%
Balance & size
9.76×Debt / equity0.50×
$28BMarket cap$92B
healthyGrowth qualityhealthy

Constellation Energy leads: 4 to 10 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

NRG Energyof which business quality 55 · market factors 17 Constellation Energyof which business quality 52 · market factors 26
ProfitabilityMargins and returns on capital today
55
46
Quality GrowthAre margins and returns improving?
37
43
CashflowEarnings quality: real cash, not paper profit
41
46
Fin. StrengthBalance sheet, leverage, solvency risk
26
43
InvestmentDisciplined investing over empire-building
97
55
Low VolatilityCalm price path (market factor)
34
41
MomentumPrice trend over the last 3–12 months (market factor)
16
23
52W MomentumDistance to the 52-week high (market factor)
1
15
Net IssuanceBuybacks instead of dilution
100
90

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

NRG Energy

DCF Models$67.15
Earnings-Based$51.72
Dividend Discount$34.28
Multiples$71.67
Asset-Based$5.34
Growth DCF$50.98
Economic Profit$49.18
Growth Earnings$74.17

25 of 26 models see the stock below the current price.

Constellation Energy

DCF Models$83.63
Earnings-Based$49.28
Dividend Discount$20.92
Multiples$114
Asset-Based$27.24
Growth DCF$68.37
Economic Profit$54.87
Growth Earnings$97.35

25 of 25 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

NRG Energy
Bear $29.69Fair Value $56.02Bull $92.14
$118 = current price (white tick)
Constellation Energy
Bear $50.80Fair Value $89.08Bull $133
$270 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

NRG Energy · Utilities

Quality score56 · Top 25%
Fair value upside-53% · bottom 25%

Constellation Energy · Utilities

Quality score55 · Top 25%
Fair value upside-67% · bottom 25%

Bottom line

As of Aug 10, 2026, Fair Value Calculator sees NRG Energy as the less overvalued of the two: NRG Energy trades at $118 versus a fair value of $56.02 (-53%), while Constellation Energy trades at $270 versus $89.08 (-67%).

NRG Energy has the higher quality score (56/100).

See the full analysis →
NRG Energy · Constellation Energy

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Related to NRG Energy

Alphabet Inc Class C vs Verizon CommunicationsAlphabet Inc Class C vs At&tAlphabet Inc Class C vs NetEaseAmazon.com vs Toyota Motor Corporation

Related to Constellation Energy

Amazon.com vs PDD HoldingsAmazon.com vs Sony GroupMeta Platforms vs Verizon CommunicationsMeta Platforms vs At&t
Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.