There's no rate to imply here.

Our model doesn't fit this business — here's why:

  • Caution:
    The model doesn't fit this business
    A regulated utility: the return it earns is set by regulators on the plant it builds, so it is meant to spend more on that plant than it collects in a year. Free cash flow is negative by design, and our model would read a working business as a dying one.

TickerMath is an educational tool, not investment advice — it computes one model from SEC filings and can be wrong. How we compute this →