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FirstEnergy Stock: Current Valuation

Vincent Kruger
FirstEnergy Stock: Current Valuation

Currently, FirstEnergy (FE) stock is trading at a forward PE multiple of 15x—lower than its peers’ average forward valuation of over 16x. FirstEnergy expects its earnings to grow 2.5% next year. FirstEnergy is trading at a forward EV-to-EBITDA multiple close to 9.5x—compared to peers’ average of 11x.