Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers through its electrical infrastructure to an approximately 50,000 square-mile area of southern, central, and coastal California. It serves residential, commercial, industrial, public authorities, agricultural, street lighting, and other sectors. The company’s distribution network consists of approximately 13,000 circuit-miles of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; and approximately 38,000 circuit-miles of overhead lines, approximately 32,000 circuit-miles of underground lines, and approximately 730 distribution substations. Edison International was founded in 1886 and is based in Rosemead, California.
Future Catalysts | Learn how potential legislative developments and the upcoming General Rate Case could significantly impact Edison's financial outlook and investor sentiment. |
Risk vs. Reward | Delve into Edison's strategies for mitigating wildfire risks, including grid hardening and fund discussions, while maintaining a 6% dividend yield and 22-year payment streak. |
Valuation Conundrum | Explore the stock's 47-52% discount compared to peers, with analysts projecting a 20% upside and price targets ranging from $52.50 to $86.00. |
Regulatory Tightrope | Edison International navigates complex regulatory changes and wildfire risks, balancing financial stability with infrastructure modernization in Southern California's electricity market. |
Metrics to compare | EIX | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipEIXPeersSector | |
|---|---|---|---|---|
P/E Ratio | 5.9x | 23.1x | 12.8x | |
PEG Ratio | 0.02 | 1.38 | 0.02 | |
Price / Book | 1.6x | 2.1x | 1.3x | |
Price / LTM Sales | 1.4x | 3.4x | 1.8x | |
Upside (Analyst Target) | 13.3% | 6.9% | 11.6% | |
Fair Value Upside | Unlock | −10.1% | 1.8% | Unlock |