WEC Energy Group Experiences Revision in Its Stock Evaluation Amid Strong Market Performance

WEC Energy Group, Inc., a midcap player in the power industry, has recently undergone a valuation adjustment. The company currently exhibits a P/E ratio of 21, alongside a price-to-book value of 2.59. Its EV to EBIT stands at 22.98, while the EV to EBITDA is recorded at 14.46. The EV to sales ratio is 5.93, and the PEG ratio is noted at 20.90. Notably, WEC Energy boasts a dividend yield of 240.68%, with a return on capital employed (ROCE) of 7.07% and a return on equity (ROE) of 12.40%.
In comparison to its peers, WEC Energy's valuation metrics align closely with other companies in the sector. Exelon Corp. shows a P/E ratio of 16.40, while Xcel Energy, Inc. has a P/E of 20.15. Public Service Enterprise Group, Inc. and Consolidated Edison, Inc. also present competitive figures, indicating a balanced market position among these firms.

WEC Energy's stock performance has shown resilience, with a year-to-date return of 24.25%, surpassing the S&P 500's return of 13.30% in the same period. This performance highlights the company's stability within the power sector amidst varying market conditions.