Portland General Electric Co (POR) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Portland General Electric Co stock $31.13, price $45.95, that is 32.3% below the price, quality 31 out of 100. Rating: overvalued. Calculated from audited financials with 15 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range $33.93 – $53.01 · fair‑value band $26.09 – $43.35 · the $45.95 price screens above the $31.13 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six thermal plants, four wind farms, and seven hydroelectric facilities.
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As of December 31, 2025, the company owned an electric transmission system consisting of 1,744 circuit miles, including 287 circuit miles of 500 kilovolt line, 414 circuit miles of 230 kilovolt line, and 577 miles of 115 kilovolt line; 466 miles of 57 kilovolt line; and served 960 thousand retail customers in 51 cities.
It also has 29,251 circuit miles of distribution lines. Portland General Electric Company was founded in 1889 and is headquartered in Portland, Oregon.
Stock analysis
Portland General Electric Co (POR) currently trades at $45.95, while our model-based Fair Value estimate is $31.13, 32% 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 $44.97 per share, and 3 of the 15 models we run sit above the $45.95 price.
Bear case: the Earnings-Based group reads lowest at $10.44, and 12 of the 15 models stay below the price. Data coverage for this calculation is high.
Scenario range: $26.09 (bear) to $43.35 (bull), the price of $45.95 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 31/100 (below-average quality), in the Utilities sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Portland General Electric Co reported revenue of $3.4B in FY2025 versus $2.4B in FY2021, a compound +8.9%/yr. Reported net income was $306M in FY2025, compounding +5.8%/yr from FY2021.
Key figures
Market cap $5.3B Mid · P/E ratio 19.6 · P/S ratio 1.51 · EPS (TTM) $2.34 · Dividend yield 4.5% · Net margin 7.7% · Return on equity 6.6% · Return on assets (EBIT) 3.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 45 out of 100 (medium confidence).
What moves the price
The share trades about 13% below its 52-week high and 6% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −38% fair-value upside, at −32%, POR screens cheaper than that median.
Fair Value models
Bear$26.09Fair Value $31.13Bull$43.35
Price $45.95 · Downside -32.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($0.2272 per share) are deliberately not added.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.Coverage ⓘCoverage = 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.
In the last 6 months, one officer or director bought shares worth $97,600, on May 11, 2026. Over the same period, 2 people sold shares worth $195,633.
SaleMichael A LewisDirector1,537 shares at $51.83$79,663Jul 27, 202610b5-1 plan
BuyRobert N HoglundDirector2,000 shares at $48.80$97,600May 11, 2026
SaleJohn Carter McFarlandSVP, Commercial & Customer2,390 shares at $48.52$115,970May 11, 2026
SaleJuan Diego GallegosVP, CHRO2,750 shares at $48.68$133,870May 8, 2026
SaleMaria Angelica EspinosaSVP, CLO, CCA & CC Officer4,300 shares at $48.81$209,883May 7, 2026
SaleJoseph R Trpik JRSVP, CFO7,500 shares at $49.03$367,728May 6, 2026
SaleBenjamin FeltonEVP, COO4,969 shares at $53.56$266,140Feb 27, 202610b5-1 plan
Plus 8 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
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.36/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−1.9%
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.
+8.4%
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.
+9.5%
Start year 2020 (pandemic). Over 10 years: +5.9% a year
Revenue growth 31 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.
+4.1%
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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.
+7.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+2.9%
Dividend (yield on the price)4.5%
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.2.9% vs 2.5%, 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.13% → 16%
News mood ⓘNews mood, the average tone of recent news (94 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Essential service and market participation deliver operational stability while rate regulation, high debt and weak cash conversion constrain financial flexibility.
Main risk: Oregon's emissions reduction targets could force Portland General Electric to accelerate costly renewable additions amid transmission constraints and higher development costs, pressuring customer rates or grid reliability.
Bull case: Portland General Electric could leverage data center load growth and AI-enabled grid flexibility to spread fixed costs, secure regulatory flexibility on timelines, and meet clean energy goals without excessive rate pressure.
Bear case: If regulatory demands prove inflexible, Portland General Electric might face delayed investments, reliability risks or forced rate hikes that erode customer affordability and slow the addition of needed non-emitting resources.
Portland General Electric just started operations in the California ISO’s Extended Day-Ahead Market, positioned to deliver meaningful annual savings through wider regional optimization of supply and demand. The company must still secure thousands of megawatts of new non-emitting resources to meet Oregon’s clean energy targets while preserving reliability. Our models see the stock as overvalued. Will these market efficiencies ease the pressure from rising capital needs, or will customers end up paying more through rates?
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Peer Groupⓘ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.Utilities - Regulated Electric · 155 stocks
Beats the industry median on 6/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score31 · Bottom 25%
Fair Value upside−32.3% · Below median
Profitability
Return on equity (12 months)6.6% · Below median
Return on assets2.3% · Bottom 25%
Net margin (12 months)7.7% · Below median
Operating margin (12 months)19.3% · Above median
Growth and dividend
Revenue growth (quarter YoY)2.0% · Below median
Dividend yield (12 months)4.5% · Top 25%
Balance sheet
Debt / equity1.13× · Above median
Valuation Multiplesvs Utilities - Regulated Electric median · lower = cheaper
P/E (12 months)19.6× · Pricier than median
P/B1.29× · Cheaper than median
P/S (12 months)1.51× · Cheaper than median
EV/EBITDA9.0× · Cheaper than median
PEG1.55× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 15
FUTURE (revenue growth)10· sector 27
PAST (return on equity)26· sector 40
HEALTH (low debt)44· sector 52
DIVIDEND (yield)90· sector 64
VALUE 0: the price sits above our fair-value range.
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). "Portland General Electric Co Fair Value". https://www.fairvalue-calculator.com/stock/POR
Frequently asked questions
Is Portland General Electric Co (POR) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of $31.13 versus a price of $45.95, about 32% lower (overvalued).
What is the fair value of POR?
Our model-based fair value for Portland General Electric Co is $31.13 (as of Nov 7, 2026), built from audited fundamentals. The current price: $45.95.
What is the quality score of POR?
Portland General Electric Co has a Quality Score of 31/100. 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 Portland General Electric Co (POR)?
Our model-based price target is the fair value of $31.13 (as of Nov 7, 2026) from 15 valuation models. Cautious scenario $26.09, optimistic scenario $43.35. It is a calculation from audited fundamentals, not an analyst target.
What is the Portland General Electric Co stock forecast for 2026?
Our models put fair value at $31.13, about 32% lower versus a price of $45.95 (overvalued). Cautious scenario $26.09, optimistic scenario $43.35. The calculation is refreshed regularly with new filings.
What is the revenue of Portland General Electric Co (POR)?
Portland General Electric Co reported trailing-twelve-month revenue of about $3.6B (latest available figure, as of Nov 7, 2026).
Does Portland General Electric Co pay a dividend?
Portland General Electric Co currently shows a dividend yield of 4.52% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Portland General Electric Co (POR) and when is the ex-dividend date?
Portland General Electric Co pays a dividend of $2.08 per share a year, a dividend yield of 4.5%. The next ex-dividend date is Dec 22, 2026, with payment on Jan 15, 2027. A dividend has been paid every year since at least 2006. The payout ratio is 88.7% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Portland General Electric Co (POR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Portland General Electric Co it is $31.13 per share (as of Nov 7, 2026), against a price of $45.95. It is the blended result of 15 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Portland General Electric Co stock overvalued or undervalued in 2026?
As of Nov 7, 2026, POR trades above its calculated fair value: price $45.95, fair value $31.13, a gap of about −32% (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 POR?
No. The price is what the market pays today ($45.95); the fair value is what the company's own numbers justify ($31.13). For Portland General Electric Co the two are $14.82 per share apart. That gap is exactly why we show both numbers side by side.
How much is Portland General Electric Co worth?
The market values Portland General Electric Co at about $5.3B (market capitalisation, as of Nov 7, 2026). Per share that is $45.95; our models calculate a fair value of $31.13 per share.
What do the bullish and bearish scenarios say about POR?
Our models span a range for Portland General Electric Co: cautious scenario $26.09, base $31.13, optimistic $43.35 per share (as of Nov 7, 2026, price $45.95). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of POR?
Portland General Electric Co trades at a price-to-earnings ratio of 19.6 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $31.13 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 19.4. Other multiples: PEG 1.5, P/B 1.3, P/S 1.5, EV/EBITDA 9.0.
What is the PEG ratio of POR?
The PEG ratio of Portland General Electric Co is 1.55 (P/E divided by earnings growth, as of Nov 7, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Portland General Electric Co (POR)?
Balance-sheet figures for Portland General Electric Co (as of Nov 7, 2026): return on equity 6.6%, debt of 1.13 per unit of equity. They feed the Quality Score of 31/100, which measures business quality independently of the share price.
How far is POR from its 52-week high?
Portland General Electric Co trades at $45.95, about 13% below its 52-week high of $53.01 and 6% above the low of $43.48 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $31.13 is for.
Which stocks are comparable to Portland General Electric Co?
From the same area (Utilities) we also value NextEra Energy, Inc, The Southern Company, Duke Energy Corporation, American Electric Power Company, 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 Portland General Electric Co stock attractive at the current price?
The data as of Nov 7, 2026: price $45.95, calculated fair value $31.13 (−32%), Quality Score 31/100, from 15 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 POR calculated?
We run Portland General Electric Co through 15 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $31.13 builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Portland General Electric Co 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 Portland General Electric Co (POR)?
The closing price on Nov 6, 2026 was $45.95. Our model-based fair value is $31.13, about 32% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Portland General Electric Co right now?
The price sits above even our optimistic bull case ($43.35). The favourable scenario is already priced in. Weak quality (31/100) and above fair value at the same time, the margin of safety is missing on both counts.
Where does the earnings growth of Portland General Electric Co (POR) come from?
Earnings per share at Portland General Electric Co grew +2.7 % a year from 2014 to 2025. Broken into its drivers: revenue per share +3.7 %, EBIT margin −1.0 %, tax rate +1.2 %, residual (interest, one-offs) −1.0 %. 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 Portland General Electric Co
How large is the market capitalisation of Portland General Electric Co (POR)?
The market capitalisation of Portland General Electric Co is $5.3B. 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 is the P/S ratio of Portland General Electric Co (POR)?
The price-to-sales ratio of Portland General Electric Co is 1.51 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Portland General Electric Co (POR)?
Earnings per share at Portland General Electric Co are $2.34 (price ÷ EPS = P/E 19.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Portland General Electric Co (POR)?
The dividend yield of Portland General Electric Co is 4.5% (payout 88.7%). 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 Portland General Electric Co (POR)?
The net margin of Portland General Electric Co is 7.7% (last twelve months). 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 Portland General Electric Co (POR)?
The return on equity (ROE) of Portland General Electric Co is 6.6% (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 Portland General Electric Co (POR)?
On an EBIT basis the return on assets of Portland General Electric Co is 3.9% (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 Portland General Electric Co (POR)?
The operating margin of Portland General Electric Co is 19.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Portland General Electric Co (POR)?
Revenue at Portland General Electric Co is growing +2.0% versus a year earlier (3y avg +8.4%). 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 Portland General Electric Co (POR)?
Earnings per share at Portland General Electric Co are growing +7.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Portland General Electric Co (POR) generate?
The free cash flow of Portland General Electric Co is −$71.0M (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 Portland General Electric Co (POR) carry?
The net debt of Portland General Electric Co is $5.5B (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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Broad data
Nov 7, 2026