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Chesapeake Utilities Corporation (CPK) Fair Value & Analysis

Utilities · US · Market cap $3.2B

CU Chesapeake Utilities Corporation logo Chesapeake Utilities Corporation CPK · US
Price$133.85
Fair Value$90.71
Upside-32.2%
Quality28/100
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Expensive Growth
Solidly profitable · 15.1% net margin
Moderate debt · negative free cash flow
2.10% dividend yield
Trails peers (5/14)
Moderate moat 61/100
Evidence: High Range $63.50 – $117.92 Share as image

Fair value as of: Jul 17, 2026

From 16 valuation models · updated 24 days ago

Share price +6.9% over the past month.

Below-average quality, and screening another 32% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case ($117.92). The favourable scenario is already priced in.
  • Weak quality (28/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range ($63.50 to $117.92) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

$137.92 $81.62 Fair Value $90.71 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range $81.62 – $137.92 · fair‑value band $63.50 – $117.92 · the $133.85 price screens above the $90.71 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Chesapeake Utilities Corporation (CPK) currently trades at $133.85, while our model-based Fair Value estimate is $90.71, implying the stock looks roughly 32.2% overvalued today. The Quality Score stands at 28/100 (below-average quality), in the Utilities sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Chesapeake Utilities Corporation generated revenue of $984M at a net margin of 15.1%. Revenue grew 18.2% year over year. It earns a return on equity of 9.6%. Net debt stands at $1.6B. Fundamentals as of Jul 17, 2026

Our scenario range runs from $63.50 (bear case) to $117.92 (bull case); at $133.85, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 4% below its 52-week high and 16% above its 52-week low, currently above its 200-day average. For context, the median of 10 Utilities peers we cover trades at -19% fair-value upside, at -32%, CPK screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income $55.93 $60.50 $72.82 76
ROIC Compounder $22.39 $34.64 $45.21 72
Gordon GGM $22.21 $44.25 $67.01 70
All 16 models by family
Earnings-Based
Graham-Dodd $39.74 $158.64 $215.62 54
Lynch FV $39.40 $56.28 $73.17 50
PEG = 1.0 $39.40 $56.28 $73.17 46
EPV $22.39 $34.64 $45.21 59
Dividend Discount
Gordon GGM $22.21 $44.25 $67.01 70
DDM Multi-Stage $22.21 $38.24 $46.71 61
Multiples
P/E Multiple $78.90 $105.20 $131.51 63
P/S Multiple $72.64 $96.86 $121.07 58
P/B Multiple $74.52 $99.36 $124.20 55
EV/EBIT $65.52 $105.76 $146.00 53
EV/EBITDA $58.89 $96.93 $134.96 54
EV/Revenue $12.59 $41.65 $70.70 43
Asset-Based
NCAV (Graham) $33.30 $44.62 $66.59 50
Economic Profit
Residual Income $55.93 $60.50 $72.82 76
ROIC Compounder $22.39 $34.64 $45.21 72
Growth Earnings
Growth-Adj P/E $63.50 $90.71 $117.92 68

Widest divergence: Multiples ($96.93) versus Economic Profit ($34.64). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) $984M
Revenue growth (YoY) +18.2%
Net margin 15.1%
Return on equity 9.6%
Free cash flow −$215M FY2025
P/E ratio 21.4
More key figures
Operating margin 28.2%
EPS (TTM) $6.24
Dividend yield 2.1%
EPS growth (YoY) +11.8%
Net debt $1.6B FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 28/100

Of which business quality 30 · Market factors (momentum, volatility) 64

Profitability 32
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 41
Earnings quality: real cash, not paper profit
Fin. Strength 28
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 48
Price trend over the last 3–12 months (market factor)
52W Momentum 64
Distance to the 52-week high (market factor)
Net Issuance 19
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Chesapeake Utilities Corporation operates as an energy delivery company in the United States. It operates through two segments: Regulated Energy and Unregulated Energy.

Full company description

Chesapeake Utilities Corporation operates as an energy delivery company in the United States. It operates through two segments: Regulated Energy and Unregulated Energy. The Regulated Energy segment engages in the natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula, Ohio, and Florida; and regulated electric distribution in northeast and northwest Florida. Its Unregulated Energy segment is involved in the propane operations in the Mid-Atlantic region, North Carolina, South Carolina, and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; provision of compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline solutions primarily to utilities and pipelines in the United States; and sustainable energy investments. This segment also engages in the provision of other unregulated energy services, such as energy-related merchandise sale and heating, ventilation and air conditioning, and plumbing and electrical services. Chesapeake Utilities Corporation was founded in 1859 and is headquartered in Dover, Delaware.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Chesapeake Utilities Corporation reported revenue of $930M in FY2025 versus $570M in FY2021, a compound +13.0%/yr. Reported net income was $140M in FY2025, compounding +13.9%/yr from FY2021.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
$930M
Latest YoY
+18.1%
Avg. growth/yr (3Y)
+11.0%
Avg. growth/yr (5Y)
+13.8%
Avg. growth/yr (40Y)
+7.8%
Revenue +13.0%/yr
FY21 $570M
FY22 $681M
FY23 $671M
FY24 $787M
FY25 $930M
Net income +13.9%/yr
FY21 $83.5M
FY22 $89.8M
FY23 $87.2M
FY24 $119M
FY25 $140M

CPK screens 32% overvalued. Compare with Naturgy Energy Group →

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Cite: Fair Value Calculator (2026). "Chesapeake Utilities Corporation Fair Value". https://www.fairvalue-calculator.com/stock/CPK

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Utilities - Regulated Gas · 104 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 28 · Bottom 25%
Fair Value upside −32% · Bottom 25%
Return on equity (TTM) 10% · Above median
Return on assets 4% · Above median
Net margin (TTM) 15% · Top 25%
Operating margin (TTM) 28% · Top 25%
Revenue growth 18% · Top 25%
Dividend yield (TTM) 2.1% · Below median
Debt / equity 0.83× · Higher than 75% of peers

Valuation Multiples vs Utilities - Regulated Gas median · lower = cheaper

P/E (TTM) 21.4× · Pricier than median
P/B 2.01× · Pricier than median
P/S (TTM) 3.26× · Pricier than 75% of peers
EV/EBITDA 12.1× · Pricier than median
PEG 2.38× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 22
FUTURE 91 · sector 0
PAST 38 · sector 34
HEALTH 59 · sector 85
DIVIDEND 42 · sector 67

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

Insider activity: 35/100

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Utilities - Regulated Gas stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Naturgy Energy Group NTGY €28.84 €35.80 +24%
Atmos Energy Corporation ATO $177.68 $85.67 -52%
NiSource Inc NI $47.07 $28.59 -39%
Uniper SE UN0 €42.80 €49.13 +15%
The Hong Kong and China Gas Company 0003 HK$7.03 HK$5.08 -28%
Italgas S.p.A IG €9.98 €8.11 -19%
GAIL (India) Limited GAIL ₹171.71 ₹147.74 -14%
Adani Total Gas Limited ATGL ₹723.90 ₹101.36 -86%
ENN Natural Gas Co 600803 ¥17.30 ¥25.71 +49%
UGI Corporation UGI $35.84 $27.13 -24%

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Frequently asked questions

Is Chesapeake Utilities Corporation (CPK) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of $90.71 versus a price of $133.85, about −32% (overvalued).
What is the fair value of CPK?
Our model-based fair value for Chesapeake Utilities Corporation is $90.71 (as of Jul 17, 2026), built from audited fundamentals. The current price is $133.85.
What is the quality score of CPK?
Chesapeake Utilities Corporation has a Quality Score of 28/100. 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 revenue of Chesapeake Utilities Corporation (CPK)?
Chesapeake Utilities Corporation reported trailing-twelve-month revenue of about $984M (latest available figure, as of Jul 17, 2026).
What is the net profit margin of CPK?
The net profit margin of Chesapeake Utilities Corporation is about 15.1%, meaning it keeps roughly 15.1% of revenue as net income. Based on the latest reported figures.
Does Chesapeake Utilities Corporation pay a dividend?
Chesapeake Utilities Corporation currently shows a dividend yield of about 2.27% relative to its recent price (as of Jul 17, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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