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Public Service Enterprise Group Inc. (0KS2) fair value: what the stock is really worth

As of Oct 2, 2026: fair value of Public Service Enterprise Group Inc. $37.67, price $68.32, upside -44.9%, quality 50 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
  3. Add to watchlist

Industrials · GB · Home US

PS Some data Sep 24, 2026

Public Service Enterprise Group Inc.

0KS2 · LSE

Weakest SetupStrongly overvalued and low quality.

!Fair value $37.67 · Strongly overvalued (−44.9%)
!Quality 50/100
!Expensive Growth (revenue 5y +5.5 %/yr)
✓Solidly profitable · 17.7% net margin (TTM)
✓Moderate debt · generates free cash flow
!3.7% dividend yield · Watch coverage
!Mixed vs. peers (7/12)
✓Wide moat 66/100
!Evidence only medium, so the estimate is less certain
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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$89.41 $31.69 Fair Value $37.67 Aug 2019 Oct 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.

How to read this chart

60‑month range $31.69 – $89.41 · fair‑value band $31.41 – $42.22 · the $68.32 price screens above the $37.67 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.

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Company profile

Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility, and nuclear generation businesses in the United States. It operates through PSE&G and PSEG Power segments.

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Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility, and nuclear generation businesses in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs. The PSEG Power segment engages in nuclear generation businesses; and supplies power and natural gas to nuclear power plants. As of December 31, 2025, it had electric transmission and distribution system of 25,000 circuit miles and 871,000 poles; 58 switching stations with an installed capacity of 40,000 megavolt-amperes (MVA), and 238 substations with an installed capacity of 10,890 MVA; four electric distribution headquarters and five electric sub-headquarters; 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and two meter shop, as well as 54 natural gas metering and regulating stations; and 158 MegaWatts defined conditions of installed PV solar capacity. The company was founded in 1903 and is based in Newark, New Jersey.

Stock analysis

Public Service Enterprise Group Inc. (0KS2) currently trades at $68.32, while our model-based Fair Value estimate is $37.67, 44.9% below the price, so the stock looks overvalued today.

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Valuation

Bull case: the Multiples group reads highest at a median of $71.00 per share, and 4 of the 18 models we run sit above the $68.32 price.

Bear case: the DCF Models group reads lowest at $21.23, and 14 of the 18 models stay below the price. Evidence for this calculation is medium.

Scenario range: $31.41 (bear) to $42.22 (bull), the price of $68.32 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 50/100 (below-average quality), in the Industrials sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Public Service Enterprise Group Inc. reported revenue of $12.2B in FY2025 versus $8.7B in FY2021, a compound +8.7%/yr. Reported net income was $2.1B in FY2025.

Key figures

Market cap $34.2B · EPS (TTM) $−2.59 · Dividend yield 3.7% · Net margin 17.3% · Return on equity 13.4% · Return on assets (EBIT) 4.3% · Operating margin 28.4% · Revenue (TTM) $12.8B.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).

What moves the price

The share trades about 20% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Industrials peers we cover trades at −34% fair-value upside, at −45%, 0KS2 screens richer than that median.

Fair Value models

Bear $31.41 Fair Value $37.67 Bull $42.22
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
FCF DCF n/a n/a $6.06 77
Residual Income $31.22 $35.83 $44.68 76
Growth DCF n/a n/a $5.32 75
All 21 models by family
DCF Models
FCF DCF n/a n/a $6.06 77
Owner Earnings n/a n/a $7.69 73
5Y Revenue Exit n/a $7.79 $26.25 69
5Y EBITDA Exit $21.39 $51.61 $92.91 71
5Y P/E Exit $13.01 $37.41 $67.39 66
10Y Revenue Exit n/a $2.17 >$8.68 64
10Y EBITDA Exit $8.36 $30.36 $55.76 64
10Y P/E Exit $3.33 $21.23 $39.69 59
Earnings-Based
Graham-Dodd $28.40 $46.06 $55.65 67
EPV $19.83 $27.44 $34.01 73
Multiples
P/E Multiple $65.78 $87.71 $109.63 63
P/S Multiple $36.11 $48.15 $60.18 58
P/B Multiple $53.25 $71.00 $88.75 55
EV/EBIT $46.76 $71.82 $96.87 65
EV/EBITDA $53.32 $80.56 $107.81 66
EV/Revenue $1.92 $14.92 $27.92 47
Asset-Based
NCAV (Graham) $16.80 $22.51 $33.60 54
Growth DCF
Growth DCF n/a n/a $5.32 75
Economic Profit
Residual Income $31.22 $35.83 $44.68 76
ROIC Compounder $19.83 $27.44 $34.15 72
Growth Earnings
Growth-Adj P/E $46.45 $66.36 $86.26 67

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Quality Score breakdown

Overall quality 50/100

Of which business quality 46 · Market factors (momentum, volatility) 42

Profitability 35
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 45
Earnings quality: real cash, not paper profit
Fin. Strength 29
Balance sheet, leverage, solvency risk
Investment 45
Disciplined investing over empire-building
Low Volatility 95
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 13
Distance to the 52-week high (market factor)
Net Issuance 81
Share count: buybacks or dilution?

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Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 54/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+18.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.8%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.5%
Start year 2020 (pandemic). Over 10 years: +2.0% a year
Revenue growth 13 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.7%
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+7.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+3.5%
Dividend (yield on the price)3.7%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.3.5% vs 3.5%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.21% → 25%
Start year 2020 (pandemic)

0KS2 screens overvalued: fair value 45% below the price. Compare with DTB →

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Peer GroupⓘHow this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Multi-Utilities” was too small, so the broader sector is used.)Industrials · 5328 stocks

Beats the sector median on 7/12 measures
A mixed picture versus its sector peers.
Valuation
Quality Score 50 · Below median
Fair Value upside −44.3% · Below median
Profitability
Return on equity (TTM) 13.4% · Above median
Return on assets 3.7% · Above median
Net margin (TTM) 17.7% · Top 25%
Operating margin (TTM) 28.4% · Top 25%
Growth and dividend
Revenue growth 19.4% · Above median
Dividend yield (TTM) 3.7% · Top 25%
Balance sheet
Debt / equity 0.85× · Highest 25%

Valuation Multiplesvs Industrials median · lower = cheaper

P/B 2.00× · Pricier than median
P/S (TTM) 2.65× · Pricier than median
EV/EBITDA 10.1× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 17
FUTURE (revenue growth)97 · sector 36
PAST (return on equity)54 · sector 29
HEALTH (low debt)57 · sector 94
DIVIDEND (yield)75 · sector 37

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

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Hanwha Aerospace Co 012450 1,021,000 KRW 678,284 KRW −34%
ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi ASELS 372.25 TRY 63.11 TRY −83%
HD Hyundai Heavy Industries Co 329180 441,000 KRW 485,100 KRW +10%
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Cite: Fair Value Calculator (2026). "Public Service Enterprise Group Inc. Fair Value". https://www.fairvalue-calculator.com/stock/0KS2

Frequently asked questions

Is Public Service Enterprise Group Inc. (0KS2) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $37.67 versus a price of $68.32, about −45% upside (overvalued).
What is the fair value of 0KS2?
Our model-based fair value for Public Service Enterprise Group Inc. is $37.67 (as of Sep 24, 2026), built from audited fundamentals. The current price: $68.32.
What is the quality score of 0KS2?
Public Service Enterprise Group Inc. has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Public Service Enterprise Group Inc. (0KS2)?
Our model-based price target is the fair value of $37.67 (as of Sep 24, 2026) from 21 valuation models. Cautious scenario $31.41, optimistic scenario $42.22. It is a calculation from audited fundamentals, not an analyst target.
What is the Public Service Enterprise Group Inc. stock forecast for 2026?
Our models put fair value at $37.67, about −45% upside versus a price of $68.32 (overvalued). Cautious scenario $31.41, optimistic scenario $42.22. The calculation is refreshed regularly with new filings.
What is the revenue of Public Service Enterprise Group Inc. (0KS2)?
Public Service Enterprise Group Inc. reported trailing-twelve-month revenue of about $12.8B (latest available figure, as of Sep 24, 2026).
Does Public Service Enterprise Group Inc. pay a dividend?
Public Service Enterprise Group Inc. currently shows a dividend yield of about 3.75% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Public Service Enterprise Group Inc. (0KS2)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Public Service Enterprise Group Inc. it is $37.67 per share (as of Sep 24, 2026), against a price of $68.32. It is the blended result of 21 valuation models (cash flow, earnings, asset, dividend).
Is Public Service Enterprise Group Inc. stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 0KS2 trades above its calculated fair value: price $68.32, fair value $37.67, a gap of about −45% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 0KS2?
No. The price is what the market pays today ($68.32); the fair value is what the company's own numbers justify ($37.67). For Public Service Enterprise Group Inc. the two are $30.65 per share apart. That gap is exactly why we show both numbers side by side.
How much is Public Service Enterprise Group Inc. worth?
The market values Public Service Enterprise Group Inc. at about $34.2B (market capitalisation, as of Sep 24, 2026). Per share that is $68.32; our models calculate a fair value of $37.67 per share.
What do the bullish and bearish scenarios say about 0KS2?
Our models span a range for Public Service Enterprise Group Inc.: cautious scenario $31.41, base $37.67, optimistic $42.22 per share (as of Sep 24, 2026, price $68.32). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Public Service Enterprise Group Inc. (0KS2)?
Balance-sheet figures for Public Service Enterprise Group Inc. (as of Sep 24, 2026): return on equity 13.4%, debt of 0.85 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is 0KS2 from its 52-week high?
Public Service Enterprise Group Inc. trades at $68.32, about 20% below its 52-week high of $85.47 and 3% above the low of $66.65 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of $37.67 is for.
Which stocks are comparable to Public Service Enterprise Group Inc.?
From the same area (Industrials) we also value DTB, Contemporary Amperex Technology Co, Delta Electronics (Thailand) Public Company, Larsen & Toubro Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Public Service Enterprise Group Inc. stock attractive at the current price?
The data as of Sep 24, 2026: price $68.32, calculated fair value $37.67 (−45%), Quality Score 50/100, from 21 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 0KS2 calculated?
We run Public Service Enterprise Group Inc. through 21 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $37.67, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Public Service Enterprise Group Inc. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Public Service Enterprise Group Inc. (0KS2)?
The closing price on Oct 2, 2026 was $68.32. Our model-based fair value is $37.67, about −45% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Public Service Enterprise Group Inc. right now?
The price sits above even our optimistic bull case ($42.22). The favourable scenario is already priced in. Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of Public Service Enterprise Group Inc. (0KS2) come from?
Earnings per share at Public Service Enterprise Group Inc. grew +5.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share +1.6 %, EBIT margin +2.3 %, tax rate +3.8 %, residual (interest, one-offs) −2.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of Public Service Enterprise Group Inc.

How large is the market capitalisation of Public Service Enterprise Group Inc. (0KS2)?
The market capitalisation of Public Service Enterprise Group Inc. is $34.2B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What are the earnings per share of Public Service Enterprise Group Inc. (0KS2)?
Earnings per share at Public Service Enterprise Group Inc. are $−2.59. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Public Service Enterprise Group Inc. (0KS2)?
The dividend yield of Public Service Enterprise Group Inc. is 3.7%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Public Service Enterprise Group Inc. (0KS2)?
The net margin of Public Service Enterprise Group Inc. is 17.3% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Public Service Enterprise Group Inc. (0KS2)?
The return on equity (ROE) of Public Service Enterprise Group Inc. is 13.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Public Service Enterprise Group Inc. (0KS2)?
On an EBIT basis the return on assets of Public Service Enterprise Group Inc. is 4.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Public Service Enterprise Group Inc. (0KS2)?
The operating margin of Public Service Enterprise Group Inc. is 28.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Public Service Enterprise Group Inc. (0KS2)?
Revenue at Public Service Enterprise Group Inc. is growing +19.4% versus a year earlier (3y avg +1.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Public Service Enterprise Group Inc. (0KS2)?
Earnings per share at Public Service Enterprise Group Inc. are growing +25.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Public Service Enterprise Group Inc. (0KS2) generate?
The free cash flow of Public Service Enterprise Group Inc. is $26.0M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Public Service Enterprise Group Inc. (0KS2) carry?
The net debt of Public Service Enterprise Group Inc. is $24.2B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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