WallStSmart

MDU Resources Group Inc (MDU)vsNewJersey Resources Corporation (NJR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

NewJersey Resources Corporation generates 21% more annual revenue ($2.18B vs $1.81B). NJR leads profitability with a 15.7% profit margin vs 10.5%. NJR appears more attractively valued with a PEG of 2.10. NJR earns a higher WallStSmart Score of 61/100 (C+).

MDU

Hold

49

out of 100

Grade: D+

Growth: 2.7Profit: 5.5Value: 4.3Quality: 3.0
Piotroski: 1/9Altman Z: 0.89

NJR

Buy

61

out of 100

Grade: C+

Growth: 4.0Profit: 7.5Value: 4.7Quality: 4.0
Piotroski: 4/9Altman Z: 1.02
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for MDU.

NJRSignificantly Overvalued (-68.6%)

Margin of Safety

-68.6%

Fair Value

$31.35

Current Price

$55.41

$24.06 premium

UndervaluedFair: $31.35Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MDU1 strengths · Avg: 8.0/10
Price/BookValuation
1.5x8/10

Reasonable price relative to book value

NJR3 strengths · Avg: 8.7/10
Operating MarginProfitability
32.0%10/10

Strong operational efficiency at 32.0%

P/E RatioValuation
16.4x8/10

Attractively priced relative to earnings

Price/BookValuation
2.1x8/10

Reasonable price relative to book value

Areas to Watch

MDU4 concerns · Avg: 2.5/10
Return on EquityProfitability
6.5%3/10

ROE of 6.5% — below average capital efficiency

Piotroski F-ScoreQuality
1/93/10

Weak financial health signals

PEG RatioValuation
2.692/10

Expensive relative to growth rate

Revenue GrowthGrowth
-10.2%2/10

Revenue declined 10.2%

NJR4 concerns · Avg: 3.3/10
PEG RatioValuation
2.104/10

Expensive relative to growth rate

Revenue GrowthGrowth
2.9%4/10

2.9% revenue growth

Debt/EquityHealth
1.423/10

Elevated debt levels

Altman Z-ScoreHealth
1.022/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : MDU

The strongest argument for MDU centers on Price/Book.

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 : MDU

The primary concerns for MDU are Return on Equity, Piotroski F-Score, PEG Ratio.

Bear Case : NJR

The primary concerns for NJR are PEG Ratio, Revenue Growth, Debt/Equity.

Key Dynamics to Monitor

MDU profiles as a declining stock while NJR is a value play — different risk/reward profiles.

NJR carries more volatility with a beta of 0.52 — 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 49/100), backed by strong 15.7% margins. Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

MDU Resources Group Inc

UTILITIES · UTILITIES - REGULATED GAS · USA

MDU Resources Group, Inc. is involved in the regulated power supply and construction materials and services businesses in the United States. The company is headquartered in Bismarck, North 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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