EVRG

Nasdaq

Evergy, Inc.

Utilities, Electric Utilities

$83.38

close 7 Aug 2026

+15.13%

52-week change

$19.22B

market cap

$70.42

$88.62

52-week range

Expected price

$61.38 – $75.02

Current price

$83.38

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)22.18x

P/S (TTM)3.19x

P/B1.89x

EV/EBITDA (TTM)11.94x

FCF yield (TTM)-5.71%

PEG (TTM, GAAP)5.79

Context

P/E, own 5-year average18.55x

P/E, sector median21.33x*

Price at 5-year median P/E$67.74*

Indicated dividend yield3.33%

Forward — analyst consensus

Forward P/E (FY2026)19.59x*

Forward P/E (FY2027)18.30x

Forward PEG2.77*

Consensus EPS FY2026 (13 analysts)$4.26

EPS growth (FY2026→FY2027)7.08%

Revenue growth (FY2026)5.89%

Street view

Price target (mean)$91.88*

Target upside10.19%

Ratings (buy / hold / sell)8 / 5 / 1

FY2026 EPS revisions, 30d (up / down)3 / 1

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 31 Mar 2026, filed 7 May 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$83.38

Cash & equivalents$18.40M

Total debt$13.51B

Shares outstanding230.51M

Result

DCF price per share-$166.44

Current price$83.38

Margin of safety-299.62%

PV of years 1–10-$9.43B

PV of terminal value-$15.44B

Equity value-$38.37B

Market-implied growth—

The base free cash flow is not positive; growing a negative flow is rarely a meaningful valuation.

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	-$1.15B	-$1.21B	-$1.27B	-$1.33B	-$1.40B	-$1.47B	-$1.54B	-$1.62B	-$1.70B	-$1.79B	-$33.33B
PV	-$1.07B	-$1.04B	-$1.01B	-$980.90M	-$953.65M	-$927.16M	-$901.41M	-$876.37M	-$852.03M	-$828.36M	-$15.44B

period to 31 Mar 2026, filed 7 May 2026, close 7 Aug 2026