EN DE

Evergy, Inc (EVRG) Fair Value & Analysis

Utilities · US · Market cap $19.7B

EI Evergy, Inc logo Evergy, Inc EVRG · US
Price$83.02
Fair Value$63.05
Upside-24.1%
Quality53/100
Watch Evergy, Inc for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Solidly profitable · 14.6% net margin
Moderate debt · negative free cash flow
3.15% dividend yield
Trails peers (5/14)
Moderate moat 52/100
Evidence: High Range $40.53 – $78.87 Share as image

Fair value as of: Jul 16, 2026

From 16 valuation models · updated 22 days ago

Fair value updated Jul 16, 2026, revised from $62.74 to $63.05 (+0.5%) since Jul 15, 2026. Share price −4.7% over the past month.

A solid business, but screening 24% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case ($78.87). The favourable scenario is already priced in.
  • Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range ($40.53 to $78.87) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

$88.13 $42.87 Fair Value $63.05 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range $42.87 – $88.13 · fair‑value band $40.53 – $78.87 · the $83.02 price screens above the $63.05 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Evergy, Inc (EVRG) currently trades at $83.02, while our model-based Fair Value estimate is $63.05, implying the stock looks roughly 24.1% overvalued today. We read business quality at 53/100 (solid 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, Evergy, Inc generated revenue of $6.0B at a net margin of 14.6%. Revenue grew 5.0% year over year. It earns a return on equity of 8.9%. Net debt stands at $15.4B. Fundamentals as of Jul 16, 2026

Our scenario range runs from $40.53 (bear case) to $78.87 (bull case); at $83.02, 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 2% below its 52-week high and 32% above its 52-week low, currently above its 200-day average. For context, the median of 10 Utilities peers we cover trades at -27% fair-value upside, at -24%, EVRG screens cheaper 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 $37.62 $40.68 $47.88 76
ROIC Compounder $8.23 $16.32 72
Gordon GGM $24.42 $50.78 $80.55 70
All 16 models by family
Earnings-Based
Graham-Dodd $25.24 $70.26 $92.35 54
Lynch FV $14.11 $20.15 $26.20 50
PEG = 1.0 $14.11 $20.15 $26.20 46
EPV $8.23 $16.32 59
Dividend Discount
Gordon GGM $24.42 $50.78 $80.55 70
DDM Multi-Stage $24.42 $38.52 $53.29 61
Multiples
P/E Multiple $55.68 $74.23 $92.79 63
P/S Multiple $47.32 $63.10 $78.87 58
P/B Multiple $47.32 $63.10 $78.87 55
EV/EBIT $30.87 $59.98 $89.09 53
EV/EBITDA $55.80 $93.22 $130.64 54
EV/Revenue $7.75 $27.01 43
Asset-Based
NCAV (Graham) $22.17 $29.71 $44.34 50
Economic Profit
Residual Income $37.62 $40.68 $47.88 76
ROIC Compounder $8.23 $16.32 72
Growth Earnings
Growth-Adj P/E $44.56 $63.65 $82.75 68

Widest divergence: Growth Earnings ($63.65) versus Economic Profit ($8.23). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) $6.0B
Revenue growth (YoY) +5.0%
Net margin 14.6%
Return on equity 8.9%
Free cash flow −$752M FY2025
P/E ratio 21.8
More key figures
Operating margin 21.9%
EPS (TTM) $3.76
Dividend yield 3.4%
EPS growth (YoY) +18.5%
Net debt $15.4B FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 41 · Market factors (momentum, volatility) 70

Profitability 29
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 16
Balance sheet, leverage, solvency risk
Investment 52
Disciplined investing over empire-building
Low Volatility 98
Calm price path (market factor)
Momentum 55
Price trend over the last 3–12 months (market factor)
52W Momentum 66
Distance to the 52-week high (market factor)
Net Issuance 73
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

Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, and other renewable sources.

Full company description

Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, and other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities. The company was incorporated in 2017 and is headquartered in Kansas City, Missouri.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Evergy, Inc reported revenue of $5.9B in FY2025 versus $5.6B in FY2021, a compound +1.5%/yr. Reported net income was $856M in FY2025, compounding −0.7%/yr from FY2021.

Growth Quality 33/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
$5.9B
Latest YoY
+1.7%
Avg. growth/yr (3Y)
+0.3%
Avg. growth/yr (5Y)
+3.8%
Avg. growth/yr (40Y)
+3.8%
Revenue +1.5%/yr
FY21 $5.6B
FY22 $5.9B
FY23 $5.5B
FY24 $5.8B
FY25 $5.9B
Net income −0.7%/yr
FY21 $880M
FY22 $753M
FY23 $731M
FY24 $874M
FY25 $856M

EVRG screens 24% overvalued. Compare with NextEra Energy, Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Evergy, Inc Fair Value". https://www.fairvalue-calculator.com/stock/EVRG

Recent news

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

Peer Group

Utilities - Regulated Electric · 155 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 53 · Above median
Fair Value upside −24% · Below median
Return on equity (TTM) 9% · Below median
Return on assets 3% · Below median
Net margin (TTM) 15% · Above median
Operating margin (TTM) 22% · Above median
Revenue growth 5% · Below median
Dividend yield (TTM) 3.2% · Above median
Debt / equity 1.28× · Higher than median

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

P/E (TTM) 23.0× · Pricier than median
P/B 1.93× · Pricier than median
P/S (TTM) 3.27× · Pricier than median
EV/EBITDA 11.7× · Pricier than median
PEG 2.43× · Cheaper 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 1 · sector 9
FUTURE 25 · sector 32
PAST 35 · sector 39
HEALTH 36 · sector 53
DIVIDEND 63 · sector 56

Insider activity: 42/100

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 Electric stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
NextEra Energy, Inc NEE $88.80 $32.94 -63%
The Southern Company SO $95.61 $61.06 -36%
Duke Energy Corporation DUK $126.11 $97.11 -23%
National Grid plc NGG 61,175 ARS 44,377 ARS -27%
American Electric Power Company AEP $132.50 $79.33 -40%
Dominion Energy, Inc D $70.08 $46.92 -33%
NTPC Limited NTPC ₹341.85 ₹377.16 +10%
CEZ, a. s. CEZ 232.40 PLN 159.33 PLN -31%
Power Grid Corporation POWERGRID ₹283.55 ₹252.77 -11%
China National Nuclear Power Co 601985 ¥8.91 ¥7.69 -14%

Compare Evergy, Inc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Utilities stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Evergy, Inc (EVRG) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of $63.05 versus a price of $83.02, about −24% (overvalued).
What is the fair value of EVRG?
Our model-based fair value for Evergy, Inc is $63.05 (as of Jul 16, 2026), built from audited fundamentals. The current price is $83.02.
What is the quality score of EVRG?
Evergy, Inc has a Quality Score of 53/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Evergy, Inc (EVRG)?
Evergy, Inc reported trailing-twelve-month revenue of about $6.0B (latest available figure, as of Jul 16, 2026).
What is the net profit margin of EVRG?
The net profit margin of Evergy, Inc is about 14.6%, meaning it keeps roughly 14.6% of revenue as net income. Based on the latest reported figures.
Does Evergy, Inc pay a dividend?
Evergy, Inc currently shows a dividend yield of about 3.36% relative to its recent price (as of Jul 16, 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.

14 days Pro free · no card

Track Evergy, Inc and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.