WallStSmart

American Electric Power Co Inc (AEP)vsMGE Energy Inc (MGEE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

American Electric Power Co Inc generates 2911% more annual revenue ($21.88B vs $726.65M). MGEE leads profitability with a 18.7% profit margin vs 16.4%. AEP appears more attractively valued with a PEG of 2.77. AEP earns a higher WallStSmart Score of 60/100 (C+).

AEP

Buy

60

out of 100

Grade: C+

Growth: 4.0Profit: 7.0Value: 4.7Quality: 5.0
Piotroski: 4/9Altman Z: 0.67

MGEE

Buy

59

out of 100

Grade: C

Growth: 5.3Profit: 7.0Value: 4.7Quality: 5.5
Piotroski: 5/9Altman Z: 1.37
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AEPSignificantly Overvalued (-169.9%)

Margin of Safety

-169.9%

Fair Value

$45.29

Current Price

$128.30

$83.01 premium

UndervaluedFair: $45.29Overvalued
MGEESignificantly Overvalued (-43.6%)

Margin of Safety

-43.6%

Fair Value

$55.65

Current Price

$76.21

$20.56 premium

UndervaluedFair: $55.65Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AEP3 strengths · Avg: 8.3/10
Market CapQuality
$69.74B9/10

Large-cap with strong market position

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

Operating MarginProfitability
22.8%8/10

Strong operational efficiency at 22.8%

MGEE2 strengths · Avg: 8.0/10
Price/BookValuation
2.1x8/10

Reasonable price relative to book value

Operating MarginProfitability
20.5%8/10

Strong operational efficiency at 20.5%

Areas to Watch

AEP4 concerns · Avg: 2.3/10
Debt/EquityHealth
1.613/10

Elevated debt levels

PEG RatioValuation
2.772/10

Expensive relative to growth rate

EPS GrowthGrowth
-12.6%2/10

Earnings declined 12.6%

Free Cash FlowQuality
$-245.90M2/10

Negative free cash flow — burning cash

MGEE3 concerns · Avg: 2.0/10
PEG RatioValuation
4.122/10

Expensive relative to growth rate

Free Cash FlowQuality
$-53.13M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
1.372/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : AEP

The strongest argument for AEP centers on Market Cap, Price/Book, Operating Margin. Profitability is solid with margins at 16.4% and operating margin at 22.8%. Revenue growth of 13.2% demonstrates continued momentum.

Bull Case : MGEE

The strongest argument for MGEE centers on Price/Book, Operating Margin. Profitability is solid with margins at 18.7% and operating margin at 20.5%. Revenue growth of 11.7% demonstrates continued momentum.

Bear Case : AEP

The primary concerns for AEP are Debt/Equity, PEG Ratio, EPS Growth. Debt-to-equity of 1.61 is elevated, increasing financial risk.

Bear Case : MGEE

The primary concerns for MGEE are PEG Ratio, Free Cash Flow, Altman Z-Score.

Key Dynamics to Monitor

MGEE carries more volatility with a beta of 0.78 — expect wider price swings.

AEP is growing revenue faster at 13.2% — sustainability is the question.

MGEE generates stronger free cash flow (-53M), providing more financial flexibility.

Monitor UTILITIES - REGULATED ELECTRIC industry trends, competitive dynamics, and regulatory changes.

Bottom Line

AEP scores higher overall (60/100 vs 59/100), backed by strong 16.4% margins and 13.2% revenue growth. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

American Electric Power Co Inc

UTILITIES · UTILITIES - REGULATED ELECTRIC · USA

American Electric Power (AEP) is a major investor-owned electric utility in the United States, delivering electricity to more than five million customers in 11 states.

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MGE Energy Inc

UTILITIES · UTILITIES - REGULATED ELECTRIC · USA

MGE Energy, Inc., is a utility holding company primarily in Wisconsin. The company is headquartered in Madison, Wisconsin.

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