VISTRA (VST) BMO (ZVST) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of VISTRA (VST) BMO C$12.08, price C$7.76, upside +55.6%, quality 46 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? No
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VISTRA (VST) BMO
ZVST · NEOCheap, value-trap riskThe stock looks deeply undervalued, but low quality raises value-trap risk.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Sep 24, 2026.
How to read this chart
10‑month range C$7.43 – C$10.02 · fair‑value band C$4.91 – C$15.60 · the C$7.76 price screens below the C$12.08 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Sep 24, 2026.
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Company profile
Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company in the United States. The company operates through five segments: Retail, Texas, East, West, and Asset Closure.
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Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company in the United States. The company operates through five segments: Retail, Texas, East, West, and Asset Closure. The company retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia. It is also involved in electricity generation, wholesale energy purchases and sales, commodity risk management, fuel procurement, and fuel logistics management activities. In addition, the company engages in decommissioning and reclamation of retired generation facilities, including mines, and battery removal and remediation activities. It serves approximately 5 million customers with a generation capacity of approximately 44,000 megawatts with a portfolio of natural gas, nuclear, coal, solar, and battery energy storage facilities. The company was formerly known as Vistra Energy Corp. and changed its name to Vistra Corp. in July 2020. Vistra Corp. was founded in 1882 and is based in Irving, Texas.
Stock analysis
VISTRA (VST) BMO CDR (CAD HEDGED) (ZVST) currently trades at C$7.76, while our model-based Fair Value estimate is C$12.08, implying the stock looks roughly 35.7% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of C$76.06 per share, and 26 of the 26 models we run sit above the C$7.76 price.
Bear case: the Economic Profit group reads lowest at C$11.36, and 0 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: C$4.91 (bear) to C$15.60 (bull), the price of C$7.76 sits inside 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 46/100 (below-average quality), in the Utilities sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
VISTRA (VST) BMO CDR (CAD HEDGED) reported revenue of $17.7B in FY2025 versus $12.1B in FY2021, a compound +10.1%/yr. Reported net income was $944M in FY2025.
Key figures
Market cap C$2.9B (≈ $2.1B) · P/E ratio 0.9 · P/S ratio 0.05 · EPS (TTM) C$8.35 · Dividend yield 11.7% · Net margin 5.3% · Return on equity 42.9% · Return on assets (EBIT) 3.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).
What moves the price
For context, the median of 10 Utilities peers we cover trades at −32% fair-value upside, at 56%, ZVST screens cheaper than that median.
Fair Value models
All 26 models by family
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Set up alert →Quality Score breakdown
Of which business quality 41 · Market factors (momentum, volatility) 24
Revenue & earnings trend
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Compare VISTRA (VST) BMO CDR (CAD HEDGED) with another stock
Price, fair value, quality and upside side by side.
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 - Independent Power Producers · 72 stocks
Valuation Multiplesvs Utilities - Independent Power Producers median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Utilities sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Utilities
- Undervalued stocks: Canadian Stocks
- Valuation of the Canada market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Utilities - Independent Power Producers stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Constellation Energy Corporation CEG | $254.02 | $92.53 | −64% |
| Adani Power Limited ADANIPOWER | ₹202.75 | ₹75.57 | −63% |
| CGN Power Co 003816 | ¥4.19 | ¥2.18 | −48% |
| Gulf Development Public Company GULF | 59.25 THB | 65.18 THB | +10% |
| NRG Energy, Inc NRG | $96.93 | $74.44 | −23% |
| Adani Energy Solutions Limited ADANIENSOL | ₹1,339 | ₹335.95 | −75% |
| Huaneng Power International, Inc 600011 | ¥6.74 | ¥9.10 | +35% |
| Datang International Power Generation Co 601991 | ¥5.36 | ¥3.65 | −32% |
| China Resources Power Holdings 0836 | HK$18.99 | HK$36.45 | +92% |
| The Tata Power Company TATAPOWER | ₹367.50 | ₹175.12 | −52% |
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Key figures of VISTRA (VST) BMO CDR (CAD HEDGED)
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