COMP <GO>
NI vs CEG // EV/EBITDA & P/E VALUATION
NiSource Inc (NYSE) VS. Constellation Energy Corporation Common Stock (NASDAQ) • 15-METRIC TALLY: NI 8
— CEG 6
▲ EV/EBITDA & P/E VALUATION LEADER: NI
LAST: $44.57 (-0.40%) • MKT CAP: $21.47B
valuation
6.8x
LAST: $262.38 (-0.83%) • MKT CAP: $93.74B
valuation
17.4x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NI VS. CEG)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NI | CEG | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 41.00% | 41.00% | 0.00 | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 8.80% | 13.40% | -4.60 | CEG | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 6.8x | 17.4x | -10.60 | NI | /valuation <GO> |
| Free Cash Flow Yield | -1.96% | 1.37% | -3.33 | CEG | /fcf-yield <GO> |
| Operating Margin | 28.10% | 13.60% | +14.50 | NI | /operating-margins <GO> |
| Net Profit Margin | 14.30% | 10.20% | +4.10 | NI | /net-margins <GO> |
| Revenue Growth (YoY) | 23.50% | 19.50% | +4.00 | NI | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.47% | 0.52% | +1.95 | NI | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.05 | 2.13 | -1.08 | CEG | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 8/9 | -1.00 | CEG | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 6.10% | 5.90% | +0.20 | CEG | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 71.6 | 46.6 | +25.01 | NI | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.75 | 0.71 | +0.04 | NI | /macro-sensitivity <GO> |
| Forward P/E Multiple | 19.4x | 33.9x | -14.50 | NI | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $21.47B | $93.74B | -$72.28B | CEG | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NI REV | CEG REV | NI GROSS % | CEG GROSS % | NI FCF | CEG FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $6.52B | $22.66B | 44.0% | 44.0% | -$420.0M | $1.29B |
| FY 2024 | $5.28B | $18.96B | 44.0% | 44.0% | -$832.5M | -$5.03B |
| FY 2023 | $5.35B | $20.84B | 44.0% | 44.0% | $1.69B | -$6.24B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NI // BETA 0.75
CEG // BETA 0.71