FE

NYSE

FIRSTENERGY CORP

Utilities, Electric Utilities

$47.47

close 7 Aug 2026

+9.55%

52-week change

$27.46B

market cap

$42.73

$52.34

52-week range

Expected price

$36.04 – $44.05

Current price

$47.47

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)25.80x

P/S (TTM)1.77x

P/B2.17x

EV/EBITDA (TTM)13.70x

FCF yield (TTM)-6.35%

PEG (TTM, GAAP)0.73

Context

P/E, own 5-year average27.06x

P/E, sector median21.33x*

Price at 5-year median P/E$39.35*

Indicated dividend yield3.92%

Forward — analyst consensus

Forward P/E (FY2026)17.35x*

Forward P/E (FY2027)16.07x

Forward PEG2.18*

Consensus EPS FY2026 (15 analysts)$2.74

EPS growth (FY2026→FY2027)7.97%

Revenue growth (FY2026)6.19%

Street view

Price target (mean)$53.23*

Target upside12.14%

Ratings (buy / hold / sell)8 / 9 / 0

FY2026 EPS revisions, 30d (up / down)2 / 2

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 28 Apr 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$47.47

Cash & equivalents$52.00M

Total debt$26.76B

Shares outstanding578.43M

Result

DCF price per share-$114.47

Current price$47.47

Margin of safety-341.13%

PV of years 1–10-$14.99B

PV of terminal value-$24.52B

Equity value-$66.21B

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	-$1.83B	-$1.92B	-$2.02B	-$2.12B	-$2.23B	-$2.34B	-$2.45B	-$2.58B	-$2.71B	-$2.84B	-$52.94B
PV	-$1.70B	-$1.65B	-$1.60B	-$1.56B	-$1.51B	-$1.47B	-$1.43B	-$1.39B	-$1.35B	-$1.32B	-$24.52B

period to 31 Mar 2026, filed 28 Apr 2026, close 7 Aug 2026