New Jersey Fair Value
NJ
The fair market value of NJR stock is 45.5 USD. Relative to the market price of 51.04 USD New Jersey is overvalued by 10.9%
Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.
Fair Relative Value
New Jersey Valuation
Current NJR share ticker price is 51.04 USD.
The fair value level of 45.5 USD can be considered as an effective entry point for long-term investors to start investing in NJR stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.
Price chart is not available
Current market price
Current price is 11% higher its fair value
Current price is 25% higher its minimum value
Current price is 49% lower its maximum value
Market price:
NJR stock is overvalued
It means the current price may concern as a Risky Entry Point
New Jersey Resources Corp Stock Valuation Calculator
How do we value a stock?
As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.
1
Maximum P/E over 5 years
31.63
2
Median P/E over 5 years
18.92
3
Minimum P/E over 5 years
15.81
4
Earning per share (last 12 months)
2.41 USD
Maximum value
1
x
4
=
76.07 USD
Fair value
2
x
4
=
45.5 USD
Minimum value
3
x
4
=
38.03 USD
New Jersey Resources Corp price metrics
2.86
Annual return (geometric mean)
35.29
Risk (standard deviation) of returns
β
0.63
Beta (volatility compared to market)