Atmos Energy Corporation (ATO)vsBlack Hills Corporation (BKH)
ATO
Atmos Energy Corporation
$181.55
-0.01%
UTILITIES · Cap: $30.04B
BKH
Black Hills Corporation
$68.85
+0.44%
UTILITIES · Cap: $5.24B
Smart Verdict
WallStSmart Research — data-driven comparison
Atmos Energy Corporation generates 111% more annual revenue ($4.87B vs $2.31B). ATO leads profitability with a 25.7% profit margin vs 12.6%. ATO appears more attractively valued with a PEG of 2.16. ATO earns a higher WallStSmart Score of 64/100 (C+).
ATO
Buy64
out of 100
Grade: C+
BKH
Buy57
out of 100
Grade: C
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
-5.2%
Fair Value
$167.29
Current Price
$181.55
$14.26 premium
Margin of Safety
-120.3%
Fair Value
$32.96
Current Price
$68.85
$35.89 premium
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Strong operational efficiency at 38.9%
Keeps 26 of every $100 in revenue as profit
Reasonable price relative to book value
Reasonable price relative to book value
Attractively priced relative to earnings
Strong operational efficiency at 26.2%
Areas to Watch
Expensive relative to growth rate
Weak financial health signals
Negative free cash flow — burning cash
Distress zone — elevated risk
Expensive relative to growth rate
0.9% earnings growth
Negative free cash flow — burning cash
Distress zone — elevated risk
Comparative Analysis Report
WallStSmart ResearchBull Case : ATO
The strongest argument for ATO centers on Operating Margin, Profit Margin, Price/Book. Profitability is solid with margins at 25.7% and operating margin at 38.9%. Revenue growth of 14.2% demonstrates continued momentum.
Bull Case : BKH
The strongest argument for BKH centers on Price/Book, P/E Ratio, Operating Margin.
Bear Case : ATO
The primary concerns for ATO are PEG Ratio, Piotroski F-Score, Free Cash Flow.
Bear Case : BKH
The primary concerns for BKH are PEG Ratio, EPS Growth, Free Cash Flow.
Key Dynamics to Monitor
ATO profiles as a mature stock while BKH is a value play — different risk/reward profiles.
BKH carries more volatility with a beta of 0.70 — expect wider price swings.
ATO is growing revenue faster at 14.2% — sustainability is the question.
BKH generates stronger free cash flow (-102M), providing more financial flexibility.
Bottom Line
ATO scores higher overall (64/100 vs 57/100), backed by strong 25.7% margins and 14.2% 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.
Atmos Energy Corporation
UTILITIES · UTILITIES - REGULATED GAS · USA
Atmos Energy Corporation, headquartered in Dallas, Texas, is one of the United States' largest natural-gas-only distributors.
Black Hills Corporation
UTILITIES · UTILITIES - REGULATED GAS · USA
Black Hills Corporation is a natural gas and electric utility company in the United States. The company is headquartered in Rapid City, South Dakota.
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