Southern Company Intrinsic Value – Southern Company Partners with Fort Moore to Install Electric Vehicle Chargers
November 3, 2023
🌥️Trending News
Southern Company ($NYSE:SO), one of the largest energy companies in the United States, recently announced a partnership with Fort Moore to install electric vehicle charging stations for its customers. This move is part of Southern Company’s ongoing commitment to provide clean, reliable and innovative energy solutions. Southern Company is a publicly traded company that operates primarily in the U.S. South, but also has holdings in other areas such as Latin America and Europe. It owns four electric utilities in four states, and provides natural gas to more than nine million customers in the Southeast region. The company has an extensive portfolio of investments in traditional energy sources such as coal, natural gas, and nuclear power, as well as renewable sources such as wind and solar energy.
The new partnership between Southern Company and Fort Moore will help to further expand the network of electric vehicle charging stations in the region. By partnering with Fort Moore, Southern Company will be able to leverage their existing infrastructure and customer base to quickly install electric vehicle charging stations across the region. This move is part of Southern Company’s effort to lead the way in promoting sustainable energy solutions and reducing carbon emissions.
Stock Price
Through this collaboration, the two companies will launch a new program that will offer EV charging stations at select locations across the southern region of the United States. This move is expected to significantly expand access to EV charging stations in the region and will be a big boost for SOUTHERN COMPANY‘s stock, which opened at $67.6 and closed at $68.4, up by 1.7% from its previous closing price of 67.3. The program is aimed at encouraging the use of electric vehicles and making them more cost-efficient to own and operate. It is also expected to create more economic opportunities for local businesses in the region. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Southern Company. More…
| Total Revenues | Net Income | Net Margin |
| 26.25k | 3.03k | 11.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Southern Company. More…
| Operations | Investing | Financing |
| 7.03k | -9.2k | 2.05k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Southern Company. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 138.32k | 103.02k | 28.77 |
Key Ratios Snapshot
Some of the financial key ratios for Southern Company are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.2% | 1.2% | 21.6% |
| FCF Margin | ROE | ROA |
| -7.5% | 11.5% | 2.6% |
Analysis – Southern Company Intrinsic Value
At GoodWhale, we have analyzed the financials of Southern Company. Using our proprietary Valuation Line, we have determined that the fair value of Southern Company’s share is currently around $72.8. However, the current market price of the stock is at $68.4, which is undervalued by 6.0%. This suggests that Southern Company’s stock is a good buy for investors looking to get a good return on their investment. Thus, we at GoodWhale believe that investors should take advantage of the current market price and invest in Southern Company’s stock. More…
Peers
In the electric utility industry, there is intense competition between Southern Co and its competitors: NextEra Energy Inc, Avangrid Inc, Entergy Corp. These companies are all vying for market share in the Southeast region of the United States.
– NextEra Energy Inc ($NYSE:NEE)
NextEra Energy Inc is a leading clean energy company with operations in 27 states and Canada. The company has a market cap of 143.98B as of 2022 and a Return on Equity of 4.45%. NextEra Energy Inc is committed to providing clean, safe and reliable energy to its customers. The company has a diversified portfolio of generation assets that includes wind, solar, nuclear and natural gas. NextEra Energy Inc is also one of the largest electric utilities in the United States.
– Avangrid Inc ($NYSE:AGR)
Avangrid Inc is a leading energy services and delivery company with operations in 26 states. It has a market cap of 15.4 billion and a return on equity of 3.84%. The company is involved in the generation, transmission, and distribution of electricity and natural gas. It also provides renewable energy solutions.
– Entergy Corp ($NYSE:ETR)
Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including nearly 10,000 megawatts of nuclear power. Entergy delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi, and Texas.
Summary
Southern Company is a leading power and energy provider in the United States. Its recent partnership with Fort Moore to install electric vehicle chargers is a direct investment in renewable energy technology that will enable the company to meet its sustainability goals. Southern Company’s strong financial position and long-term strategy has allowed it to make prudent investments and remain a leader in the power industry.
Analysts anticipate that the company’s rate base growth, cost discipline, and capital expenditures will be key drivers of earnings growth going forward. Southern Company has a strong balance sheet, low debt levels, and a favorable dividend yield, making it an attractive option for investors looking for long-term value.
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