Southwest Gas Holdings, Inc. Experiences Revision in Its Stock Evaluation Amid Industry Competition

Southwest Gas Holdings, Inc. has recently undergone a valuation adjustment, reflecting its current financial standing within the gas industry. The company’s P/E ratio stands at 23, while its price-to-book value is recorded at 1.43. Key metrics such as EV to EBIT and EV to EBITDA are noted at 18.54 and 10.02, respectively. The company also boasts a dividend yield of 3.47%, with a return on capital employed (ROCE) of 6.40% and a return on equity (ROE) of 6.33%.
In comparison to its peers, Southwest Gas Holdings, Inc. presents a higher valuation profile. For instance, New Jersey Resources Corp. is categorized as attractive with a P/E of 11.53, while ONE Gas, Inc. is marked as expensive with a P/E of 18.05. Other competitors like Spire Inc. and Chesapeake Utilities Corp. are positioned at fair valuations, indicating a diverse range of financial standings within the industry.

The company's stock performance has shown varied returns against the S&P 500, with a year-to-date return of 10.88% compared to the index's 13.30%. Over a longer horizon, the stock's performance trails behind the S&P 500, particularly over three and five years. This context highlights the competitive landscape and the relative positioning of Southwest Gas Holdings, Inc. within its sector.