MGE EV/Sales
What is the EV/Sales of MGE?
The EV/Sales of MGE Energy, Inc. is 5.87
What is the definition of EV/Sales?
Enterprise value to sales ratio compares a company’s total value to its sales.
ttm (trailing twelve months)
Enterprise value/sales is a valuation ratio that compares the company's enterprise value to its annual sales. It indicates the company's capacity to generate free cash flow. In general, the lower the ratio, the cheaper the company is.
EV/Sales is most often calculated as cash and cash equivalents subtracted from the sum of market capitalization and debt and divided by annual sales. Many analysts consider EV/sales to be a more accurate metric than Price/Sales as it considers both debt and equity holders in its calculation. One of the limitations of the calculation is that sales do not take into account a company's taxes or expenses.
EV/Sales of companies in the Utilities sector on NASDAQ compared to MGE
What does MGE do?
mge energy, inc., through its subsidiaries, operates as a public utility holding company primarily in wisconsin. it operates through five segments: regulated electric utility operations; regulated gas utility operations; nonregulated energy operations; transmission investments; and all other. the company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in wisconsin and iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. it also generates electricity from coal, natural gas, and renewable energy sources, as well as purchases power under short and long-term commitments. as of february 26, 2020, the company distributed electricity to 155,000 customers in dane county, wisconsin; and purchased and distributed natural gas to 163,000 customers in seven south-central and western wisconsin counties. mge energy, inc. was founded in 1855 and is headquartered in madison, wisco
Companies with ev/sales similar to MGE
- Fleetcor Techs Dl ,001 has EV/Sales of 5.86
- Nordson has EV/Sales of 5.86
- AusCann Ltd has EV/Sales of 5.86
- Filae S.A has EV/Sales of 5.86
- BCB Bancorp Inc (NJ) has EV/Sales of 5.87
- Asia Orient has EV/Sales of 5.87
- MGE has EV/Sales of 5.87
- ImmunoPrecise Antibodies has EV/Sales of 5.87
- Itaconix plc has EV/Sales of 5.87
- Roto Pumps has EV/Sales of 5.87
- Cubicfarm Systems Corp has EV/Sales of 5.88
- ZEAL Network SE has EV/Sales of 5.88
- Ncino has EV/Sales of 5.88