Want to find your lens? Five questions, no jargon — they tell you which of four reads fits how you already think.
There's no rate to imply here.
Our model doesn't fit this business — here's why:
Why not
- Caution: The model doesn't fit this businessUnlike a regulated utility, this company sells power at market prices with no rate base to earn on, so a good year and a bad one differ by more than the business does. Our growth figure compounds from a three-year base, and on a fleet this expensive, one year of favourable power prices is not a base — it is weather. We would rather show nothing than a number built on it.
TickerMath is an educational tool, not investment advice — it computes one model from SEC filings and can be wrong. How we compute this →