EN DE

PPL Corporation (PPL) Fair Value & Analysis

Utilities · US · Market cap $27.4B

PC PPL Corporation logo PPL Corporation PPL · US
Price$35.68
Fair Value$22.98
Upside-35.6%
Quality48/100
Watch PPL Corporation for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Solidly profitable · 13.1% net margin
Moderate debt · negative free cash flow
3.09% dividend yield
Mixed vs. peers (6/14)
Moderate moat 58/100
Evidence: High Range $16.55 – $31.00 Share as image

Fair value as of: Aug 13, 2026

From 15 valuation models · updated today

Fair value updated Aug 13, 2026, revised from $23.24 to $22.98 (−1.1%) since Jul 17, 2026. Share price −1.2% over the past month.

Below-average quality, and screening another 36% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case ($31.00). The favourable scenario is already priced in.
  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range ($16.55 to $31.00) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

$39.49 $20.59 Fair Value $22.98 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range $20.59 – $39.49 · fair‑value band $16.55 – $31.00 · the $35.68 price screens above the $22.98 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

PPL Corporation (PPL) currently trades at $35.68, while our model-based Fair Value estimate is $22.98, implying the stock looks roughly 35.6% overvalued today. The Quality Score stands at 48/100 (below-average quality), in the Utilities sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, PPL Corporation generated revenue of $9.3B at a net margin of 13.1%. Revenue grew 10.8% year over year. It earns a return on equity of 8.3%. Net debt stands at $18.3B. Fundamentals as of Aug 13, 2026

Our scenario range runs from $16.55 (bear case) to $31.00 (bull case); at $35.68, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 11% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -27% fair-value upside, at -36%, PPL screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Residual Income $16.58 $17.80 $19.85 76
ROIC Compounder $0.8200 $4.71 $8.10 72
Gordon GGM $9.69 $16.89 $25.82 70
All 15 models by family
Earnings-Based
Graham-Dodd $10.67 $25.33 $32.64 54
PEG = 1.0 $4.40 $6.28 $8.16 46
EPV $0.8200 $4.71 $8.10 59
Dividend Discount
Gordon GGM $9.69 $16.89 $25.82 70
DDM Multi-Stage $9.69 $14.40 $19.59 61
Multiples
P/E Multiple $21.19 $28.26 $35.32 63
P/S Multiple $20.01 $26.69 $33.36 58
P/B Multiple $20.01 $26.69 $33.36 55
EV/EBIT $9.40 $20.02 $30.64 53
EV/EBITDA $12.97 $24.78 $36.60 54
EV/Revenue $7.58 $16.59 43
Asset-Based
NCAV (Graham) $9.89 $13.25 $19.78 50
Economic Profit
Residual Income $16.58 $17.80 $19.85 76
ROIC Compounder $0.8200 $4.71 $8.10 72
Growth Earnings
Growth-Adj P/E $16.27 $23.24 $30.22 68

Widest divergence: Multiples ($24.78) versus Economic Profit ($4.71). Highest evidence: Residual Income (76).

Notify me when PPL reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) $9.3B
Revenue growth (YoY) +10.8%
Net margin 13.1%
Return on equity 8.3%
Free cash flow −$1.4B FY2025
P/E ratio 21.9
More key figures
Operating margin 27.2%
EPS (TTM) $1.63
Dividend yield 3.2%
EPS growth (YoY) +7.3%
Net debt $18.3B FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 48/100

Of which business quality 44 · Market factors (momentum, volatility) 56

Profitability 29
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 49
Earnings quality: real cash, not paper profit
Fin. Strength 21
Balance sheet, leverage, solvency risk
Investment 53
Disciplined investing over empire-building
Low Volatility 94
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 38
Distance to the 52-week high (market factor)
Net Issuance 76
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

PPL Corporation provides electricity and natural gas to approximately 3.6 million customers in the United States. It operates in three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated.

Full company description

PPL Corporation provides electricity and natural gas to approximately 3.6 million customers in the United States. It operates in three segments: Kentucky Regulated, Pennsylvania Regulated, and Rhode Island Regulated. The company engages in the transmission and distribution of electricity in eastern and central Pennsylvania; generation, transmission, distribution, and sale of electricity in Kentucky, Virginia, and Rhode Island; distribution and sale of natural gas in Kentucky and Rhode Island; sale of wholesale electricity in Kentucky; and generation of electricity from power plants in Kentucky. It generates electricity from coal, gas, hydro, and solar sources. The company was formerly known as PP&L Resources, Inc. and changed its name to PPL Corporation in 2000. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PPL Corporation reported revenue of $9.0B in FY2025 versus $5.8B in FY2021, a compound +11.8%/yr. Reported net income was $1.2B in FY2025.

Growth Quality 49/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
$9.0B
Latest YoY
+6.9%
Avg. growth/yr (3Y) 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.
+4.6%
Avg. growth/yr (5Y) 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.
+10.6%
Avg. growth/yr (40Y) 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.
+3.9%
Revenue +11.8%/yr
FY21 $5.8B
FY22 $7.9B
FY23 $8.3B
FY24 $8.5B
FY25 $9.0B
Net income
FY21 −$1.5B
FY22 $756M
FY23 $740M
FY24 $888M
FY25 $1.2B
Character of growth · EPS growth decomposed (2014-2025) −5.7 % p.a.
Revenue per share +0.2 pp

of which total revenue +1.3 pp · buybacks/dilution −1.1 pp

EBIT margin −6.1 pp
Tax rate +1.4 pp
Residual (interest, one-offs) −1.2 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

PPL screens 36% overvalued. Compare with NextEra Energy, Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "PPL Corporation Fair Value". https://www.fairvalue-calculator.com/stock/PPL

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Utilities - Regulated Electric · 150 stocks

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.

Quality Score 48 · Above median
Fair Value upside −36% · Below median
Return on equity (TTM) 8% · Below median
Return on assets 3% · Below median
Net margin (TTM) 13% · Above median
Operating margin (TTM) 27% · Above median
Revenue growth 11% · Above median
Dividend yield (TTM) 3.1% · Above median
Debt / equity 1.21× · Higher than median

Valuation Multiples vs Utilities - Regulated Electric median · lower = cheaper

P/E (TTM) 21.9× · Pricier than median
P/B 1.84× · Pricier than median
P/S (TTM) 2.94× · Pricier than median
EV/EBITDA 12.1× · Pricier than median
PEG 1.39× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 2
FUTURE 54 · sector 32
PAST 33 · sector 39
HEALTH 40 · sector 53
DIVIDEND 62 · sector 57

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Utilities - Regulated Electric stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
NextEra Energy, Inc NEE $85.78 $32.94 -62%
The Southern Company SO $92.52 $58.81 -36%
Duke Energy Corporation DUK $123.19 $74.89 -39%
National Grid plc NGG 61,175 ARS 44,886 ARS -27%
NTPC Limited NTPC ₹339.45 ₹375.02 +10%
CEZ, a. s. CEZ 244.80 PLN 167.29 PLN -32%
Power Grid Corporation POWERGRID ₹269.45 ₹252.77 -6%
China National Nuclear Power Co 601985 ¥8.81 ¥6.73 -24%
CLP Holdings 0002 HK$77.90 HK$42.12 -46%
Tenaga Nasional Berhad 5347 14.58 MYR 14.72 MYR +1%

Compare PPL Corporation with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Utilities stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is PPL Corporation (PPL) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of $22.98 versus a price of $35.68, about −36% (overvalued).
What is the fair value of PPL?
Our model-based fair value for PPL Corporation is $22.98 (as of Aug 13, 2026), built from audited fundamentals. The current price is $35.68.
What is the quality score of PPL?
PPL Corporation has a Quality Score of 48/100. 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 revenue of PPL Corporation (PPL)?
PPL Corporation reported trailing-twelve-month revenue of about $9.3B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of PPL?
The net profit margin of PPL Corporation is about 13.1%, meaning it keeps roughly 13.1% of revenue as net income. Based on the latest reported figures.
Does PPL Corporation pay a dividend?
PPL Corporation currently shows a dividend yield of about 3.15% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track PPL Corporation and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.