Is FirstEnergy Corp. overvalued or undervalued?

As of 28 November 2025, the valuation grade for FirstEnergy Corp. moved from expensive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 18, an EV to EBITDA of 11.87, and a PEG ratio of 1.51, which suggest that the stock is reasonably priced relative to its earnings growth potential.
In comparison to its peers, FirstEnergy Corp. has a lower P/E ratio than Xcel Energy, Inc. at 20.15 and Public Service Enterprise Group, Inc. at 20.07, indicating it may offer better value in terms of earnings. Additionally, its EV to EBITDA ratio is competitive compared to the industry average, which supports its fair valuation status. Over the past year, FirstEnergy Corp. has returned 11.97%, which is slightly below the S&P 500's 14.18%, but it has outperformed the index year-to-date with a return of 19.96% compared to 16.45% for the S&P 500.