Black Hills Corporation (BKH)vsNewJersey Resources Corporation (NJR)
BKH
Black Hills Corporation
$73.44
-2.38%
UTILITIES · Cap: $5.59B
NJR
NewJersey Resources Corporation
$55.82
+0.49%
UTILITIES · Cap: $5.63B
Smart Verdict
WallStSmart Research — data-driven comparison
Black Hills Corporation generates 5% more annual revenue ($2.29B vs $2.18B). NJR leads profitability with a 15.7% profit margin vs 12.6%. NJR appears more attractively valued with a PEG of 2.24. NJR earns a higher WallStSmart Score of 61/100 (C+).
BKH
Buy51
out of 100
Grade: C-
NJR
Buy61
out of 100
Grade: C+
Intrinsic Value Comparison
Multi-model valuation · Graham Formula
Margin of Safety
+15.5%
Fair Value
$85.94
Current Price
$73.44
$12.50 discount
Margin of Safety
-32.3%
Fair Value
$39.96
Current Price
$55.82
$15.86 premium
Key Strengths & Concerns
Side-by-side fundamental analysis
Key Strengths
Reasonable price relative to book value
Strong operational efficiency at 25.9%
Strong operational efficiency at 32.0%
Attractively priced relative to earnings
Reasonable price relative to book value
Areas to Watch
ROE of 7.7% — below average capital efficiency
Expensive relative to growth rate
Revenue declined 3.0%
Earnings declined 7.5%
Expensive relative to growth rate
2.9% revenue growth
Distress zone — elevated risk
Comparative Analysis Report
WallStSmart ResearchBull Case : BKH
The strongest argument for BKH centers on Price/Book, Operating Margin.
Bull Case : NJR
The strongest argument for NJR centers on Operating Margin, P/E Ratio, Price/Book. Profitability is solid with margins at 15.7% and operating margin at 32.0%.
Bear Case : BKH
The primary concerns for BKH are Return on Equity, PEG Ratio, Revenue Growth.
Bear Case : NJR
The primary concerns for NJR are PEG Ratio, Revenue Growth, Altman Z-Score.
Key Dynamics to Monitor
BKH profiles as a declining stock while NJR is a value play — different risk/reward profiles.
BKH carries more volatility with a beta of 0.72 — expect wider price swings.
NJR is growing revenue faster at 2.9% — sustainability is the question.
NJR generates stronger free cash flow (366M), providing more financial flexibility.
Bottom Line
NJR scores higher overall (61/100 vs 51/100), backed by strong 15.7% margins. BKH offers better value entry with a 15.5% margin of safety. 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.
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.
NewJersey Resources Corporation
UTILITIES · UTILITIES - REGULATED GAS · USA
New Jersey Resources Corporation, an energy services portfolio company, provides regulated gas distribution and retail and wholesale energy services. The company is headquartered in Wall, New Jersey.
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