Utilities

Public Service Enterprise Group Incorporated (PEG)

$78.32
+2.15%
$39.2B
Market Cap
17.4
P/E Ratio
0.55
Beta
3.41%
Dividend Yield
Piotroski 8/9Altman Z 1.3 DistressBeneish M -2.44 CleanROIC−WACC -1.9%

Quantitative Summary

Deterministic

PEG trades at 17.4x earnings, roughly in line with its sector average of 24.4x. Strong operational fundamentals (Piotroski 8/9) with Altman Z of 1.3.

Generated deterministically from quant metrics and financial statements. Not a recommendation.

Algorithmic Teardown

AI-Generated

The company exhibits a distinct dichotomy between strong earnings momentum and weak capital efficiency, driven primarily by high leverage rather than operational expansion. While the net margin of 17.3% and asset turnover of 0.21x support an ROE of 12.4%, this return is underpinned by a negative ROIC-WACC spread of -1.8%, indicating that capital allocation destroys value relative to the cost of funds. This structural inefficiency contrasts sharply with robust growth metrics, including 18.2% revenue expansion and a Piotroski F-Score of 8/9, which signals strong fundamental health despite an Altman Z-Score of 1.3 suggesting elevated bankruptcy risk due to high leverage. The Beneish M-Score of -2.44 further reinforces the lack of earnings manipulation concerns, yet the negative profitability factor (RMW: -0.310) highlights a divergence between current margins and the broader value profile.

Valuation appears stretched relative to historical norms when weighed against implied growth expectations. The current P/E ratio of 19.4x sits at a premium that may not be fully justified given the negative spread on reinvested capital, even as the market prices in an aggressive long-term free cash flow growth rate of 50% over ten years. This discrepancy suggests investors are betting heavily on future margin expansion or asset base optimization to offset current capital inefficiencies. The stock's value factor tilt (HML: 0.345) offers some defensive characteristics, but the weak profitability signal and high implied growth create a valuation model where any miss in execution could lead to significant multiple compression.

Risk assessment reveals conflicting signals regarding future performance stability. Although insider activity shows $565,094 of net selling over ninety days—a potential warning sign—the Fama-French alpha of 4.72% annually indicates the stock has outperformed its factor-based benchmarks recently. However, this outperformance must be viewed in light of the Altman Z-Score proximity to distress and the negative spread on capital returns. The data presents a scenario where short-term momentum factors drive price appreciation despite underlying fundamental constraints that could hinder long-term value creation if leverage remains unoptimized or profitability does not improve.

Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.

Valuation Context

17.4x
PEG P/E
24.4x
Sector Avg
17.3x
5Y Avg P/E
-29%
vs Sector

Currently trading 14% above its 5-year average P/E of 17.3x.

Price Chart with Moving Averages

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SMA 50 SMA 200

Quant Health Deep Dive

8/9
Piotroski F-Score
Strong — high operational efficiency and profitability signals
1.3
Altman Z-Score
Distress Zone — below 1.8 threshold per academic model. Thresholds: >3 safe, 1.8–3 grey, <1.8 distress.
-2.44
Beneish M-Score
Below threshold — no statistical earnings quality concern per Beneish model. Threshold: <-2.22 = below threshold.

Profitability & Value Creation

34.8%
Gross Margin
17.3%
Net Margin
5.1%
ROIC
7.0%
WACC
ROIC − WACC Spread: -1.9%— Negative spread.
+18.3%
Revenue Growth (YoY)
+19.1%
Earnings Growth (YoY)
26.0M
Free Cash Flow
4838%
FCF Payout Ratio

⚠️ Dividend consumes >80% of FCF — sustainability risk.

DuPont Analysis — ROE Decomposition

Breaking down Return on Equity to see how the company generates its ROE — efficiency, margins, or leverage.

17.3%
Net Profit Margin
NI ÷ Revenue
×
0.21x
Asset Turnover
Revenue ÷ Assets
×
3.39x
Equity Multiplier
Assets ÷ Equity
=
12.4%
Return on Equity
⚠️ High equity multiplier — ROE is being amplified by leverage, not operational excellence.

Balance Sheet Health

2.39x
Debt / Equity
0.80x
Current Ratio
3.5x
Interest Coverage
4.5x
Net Debt / EBITDA
0.04%
FCF Yield
4.8B
EBITDA

Insider Activity (Last 90 Days)

Net Insider Flow
$-565,094
Net Selling
0
Buy Transactions
3
Sale Transactions
2026-03-09HANEMANN KIM CSold 2/8 qtrsSale$738
2026-03-05LAROSSA RALPH A JR.Sold 7/8 qtrsSale$174,256
2026-03-03THIGPEN RICHARD T.Sold 3/8 qtrsSale$390,100
2026-02-24LAROSSA RALPH A JR.Sold 7/8 qtrsGrant$16M
2026-02-24MCFEATERS CHARLES VGrant$2M

Open-market buys vs sells by company insiders. Source: yfinance.

Earnings Surprise History

Q4
✗ Miss
Est: $1.43
Act: $1.43
-0.2%
Q3
✓ Beat
Est: $0.70
Act: $0.77
+10.2%
Q2
✓ Beat
Est: $1.01
Act: $1.13
+11.6%
Q1
✓ Beat
Est: $0.71
Act: $0.72
+1.4%

EPS estimates vs actuals for the most recent reported quarters. Source: yfinance.

Dividend History

$0.6700
Latest Dividend
$2.52
2025 Total
+5.0%
YoY Growth
9 yrs
Consecutive Increases
Annual Dividends per Share
$1.23
2016
$1.72
2017
$1.80
2018
$1.88
2019
$1.96
2020
$2.04
2021
$2.16
2022
$2.28
2023
$2.40
2024
$2.52
2025
$0.67
2026
DateAmountChange
2026-03-10$0.6700+6.3%
2025-12-10$0.63000.0%
2025-09-09$0.63000.0%
2025-06-09$0.63000.0%
2025-03-10$0.6300+5.0%
2024-12-10$0.60000.0%
2024-09-09$0.60000.0%
2024-06-07$0.60000.0%
2024-03-07$0.6000+5.3%
2023-12-07$0.57000.0%
2023-09-07$0.57000.0%
2023-06-08$0.57000.0%
Stock Splits
2008-02-05: 2:11987-07-27: 1.5:1

Dividend and split data from SEC filings and market data. Amounts are per share, not adjusted for splits. Source: yfinance.

Risk Profile

20.3%
Annual Volatility
-0.03
Sharpe (1Y)
0.45
Sharpe (3Y)
-17.2%
Max Drawdown (3Y)
-27.3%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

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Rolling 60-Day Beta vs S&P 500 (VOO)

How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

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Rolling Beta Market (β = 1.0)

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this stock's returns.

0.51
Market β
Mkt-RF
-0.267
Size (SMB)
Large-cap tilt
+0.345
Value (HML)
Value tilt
-0.310
Profit (RMW)
Weak
+0.420
Invest (CMA)
Conservative
Alpha (annual): +4.72%
R²: 18.8%of variance explained by 5 factors

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Fundamentals

16.7
Forward P/E
3.95
PEG Ratio
2.26
Price/Book
3M
Avg Volume
$91.26
52W High
$76.05
52W Low
15%
52W Range Position

Passive Flow Attribution

ETF Draft Effect
$6.8B
Tracked Passive Exposure
8
ETFs Holding PEG
0.11%
Avg Weight in ETFs
$6.4T
Total ETF AUM

When investors buy or sell ETFs like XLU or VPU, the fund manager is mechanically forced to buy or sell PEG shares regardless of Public Service Enterprise Group Incorporated's individual fundamentals. We estimate $6.8B of passive capital is structurally linked to PEG through 8 tracked ETFs. This substantial passive exposure means that ETF inflows and outflows — not company fundamentals — can dominate daily volume on this stock.

Passive exposure = Σ (ETF AUM × stock weight in ETF) across 8 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.

ETF Contagion Visualizer

Simulate a price drop in Public Service Enterprise Group Incorporated to visualize passive redemption contagion across ETFs and collateral stocks.

PEG Shock
-0%
Est. Passive Redemption
$0
Systemic Risk
STABLE
PEGEpicenterVTIETFVOOETFIVVETFNEEHigh RiskNEEHigh RiskSOHigh RiskCEGMed RiskDUKHigh Risk
PEG Price Drop (%)0

If Public Service Enterprise Group Incorporated (PEG) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies NEXTERA ENERGY INC (NEE) as the most exposed collateral stock, sharing 1 ETFs with PEG. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.

Contagion model based on shared ETF exposure and constituent weights across 29 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.

PEG Ownership Dynamics

Passive funds hold 1 in every 6 PEG shares, reducing daily market volatility.

Ticker
PEG
Total Shares
498M
ETF Lock-Up
17.2%
Display Mode
Total Float Impact
17.2%Locked Float

Public Service Enterprise Group Incorporated (PEG) exerts notable gravity on the passive index market, currently representing 2.8% of the State Street Utilities Select Sector SPDR ETF (XLU) and 2.5% of the VPU (VPU). Across 29 tracked ETFs, approximately 86M shares (17.2% of float) are held by passive funds and rarely trade on the open market. This level of passive ownership means index rebalances can create outsized volume events.

Float lock-up computed from 29 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).

PEG Institutional Volume Profile

252-day volume distribution by price level. The Point of Control (POC) marks the price where the most institutional volume transacted — an implicit support/resistance floor.

TICKER
PEG
PRICE
$78.32
FLOOR (POC)
$80.30
STRENGTH
High
$76$77$78$788%$78.32$7910%$8013%$80POC 15%$8112%$829%$82$83$84$84$85$86$86$87$87$88$89
Focus Zone
Point of Control (POC) Support (below price) Resistance (above price) Current Price

The highest-volume price zone for Public Service Enterprise Group Incorporated over the past year sits near $80.30 (15% of 252-day volume). The current price of $78.32 sits 2.5% below the POC — suggesting potential mean-reversion upside if institutional demand reasserts at this level. The highly concentrated volume profile (15% at POC) indicates strong consensus on fair value — institutional participants have repeatedly transacted near this price.

Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.

PEG Capital Efficiency

How efficiently does Public Service Enterprise Group Incorporated convert operating profits into free cash? The FCF Conversion ratio measures the gap between accounting earnings and real cash generation.

Free Cash Flow
$26M
EBITDA
$4.8B
FCF Conversion
1%
Reinvestment Rate
99%
1% of EBITDA → Free Cash
0% (cash burn)25% (low)50% (efficient)100% (pure cash)
ROIC
5.1%
ROIC − WACC Spread
-1.9%

Public Service Enterprise Group Incorporated converts 1% of its EBITDA into free cash flow, a low conversion rate suggesting heavy reinvestment. This may indicate a growth phase (building capacity) or structural capital intensity. The 99% reinvestment rate signals aggressive capacity expansion. However, the ROIC-WACC spread is negative (-1.9%), suggesting reinvested capital is destroying shareholder value.

Capital efficiency = Free Cash Flow ÷ EBITDA. Reinvestment = (EBITDA − FCF) ÷ EBITDA. Metrics from latest annual filings. Not investment advice.

Fails-to-Deliver (FTD) History

SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.

DateFailed SharesClose PriceNotional Value
2026-05-13108$78.62$8,490.96
2026-05-12109$77.68$8,467.12
2026-05-11109$77.13$8,407.17
2026-05-0898$77.83$7,627.34
2026-05-07108$79.35$8,569.8
2026-04-2889$80.21$7,138.69
2026-04-273,625$80.74$292,682.5
2026-04-2110,970$80.74$885,717.8
2026-04-1546$82.05$3,774.3
2026-03-31157,960$81.39$12.9M
2026-03-2550$80.19$4,009.5
2026-03-188,020$84.74$679,614.8
2026-03-0266,515$86.07$5.7M
2026-02-2780,688$85.85$6.9M
2026-02-2573,294$86.24$6.3M
2026-02-2482,234$86.31$7.1M
2026-02-2319,752$85.57$1.7M
2026-01-2646,900$78.28$3.7M
2026-01-127$78.68$550.76
2026-01-02132$80.30$10,599.6
2025-12-111,362$78.69$107,175.78
2025-12-09201$78.75$15,828.75
2025-11-26156$82.16$12,816.96
2025-11-181,272$82.47$104,901.84
2025-11-061,232$79.86$98,387.52
2025-11-03290$80.56$23,362.4
2025-10-2264$83.12$5,319.68
2025-10-17101$84.34$8,518.34

Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.

Price Correlations

Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.

Peer252-Day (1Y)126-Day (6M)Direction
WTGXXNaNNaN
AEE0.6770.712Moderate
ETR0.6450.620Moderate
NI0.6410.681Moderate
WEC0.6050.586Moderate
DTE0.6010.603Moderate
CNP0.5890.605Moderate
CMS0.5870.648Moderate
SRE0.5810.587Moderate
LNT0.5660.594Moderate

Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.

Compare PEG to Peers

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.

SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.