PNM Resources Inc. (Holding Co.) (PNM) Key Ratios
$43.25
As on 04-Oct-2024 09:30EDT
Market cap
$3,768 Mln
Revenue (TTM)
$1,843 Mln
P/E Ratio
46.4
P/B Ratio
1.6
Div. Yield
3.9 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 11.73 | 2.29 | -20.80 | 4.33 | 4.97 |
| EBIT | 24.26 | 2.10 | -36.68 | -2.43 | -0.26 |
| Net Profit | 0.27 | -10.17 | -72.99 | -37.98 | 52.80 |
| EPS | 1.77 | 0.86 | -67.18 | -28.27 | 37.92 |
| Book Value | -- | -- | 7.13 | 2.25 | 5.27 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-23 | Dec-22 |
| EBIT-Margin
| 15.71 | 17.12 | 15.18 | 13.88 | 16.99 |
| Net Margin
| 10.83 | 9.04 | 4.52 | -- | -- |
| Return on equity
| 6.96 | 6.95 | 2.81 | 3.87 | 7.76 |
| Return on Capital
| 2.46 | 2.46 | -- | 1.27 | 2.70 |
| Return on Assets
| 1.72 | 1.71 | 0.74 | 0.91 | 1.90 |
| Debt to Equity (x)
| -- | -- | 1.90 | 2.10 | 1.98 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
--
|
1.27
|
2.70
|
3.41
|
3.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
2.81
Lower than Peers by 7.31
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
2.81
|
3.87
|
7.76
|
9.26
|
9.24
|
|
Peer Median
|
10.12
|
--
|
--
|
--
|
--
|
ROA
0.74
Lower than Peers by 1.79
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
0.74
|
0.91
|
1.90
|
2.36
|
2.27
|
|
Peer Median
|
2.53
|
--
|
--
|
--
|
--
|
EBIT Margin
15.18
Lower than Peers by 6.81
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
15.18
|
13.88
|
16.99
|
16.27
|
17.25
|
|
Peer Median
|
22.00
|
--
|
--
|
--
|
--
|
Net Margin
4.52
Lower than Peers by 8.93
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
4.52
|
4.56
|
7.56
|
10.83
|
11.11
|
|
Peer Median
|
13.45
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-20.80
Lower than Peers by 25.64
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
-20.80
|
-0.14
|
0.26
|
0.17
|
0.04
|
|
Peer Median
|
4.84
|
--
|
--
|
--
|
--
|
EBIT Growth
-36.68
Lower than Peers by 46.65
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
-36.68
|
-29.59
|
31.98
|
10.18
|
-15.06
|
|
Peer Median
|
9.97
|
--
|
--
|
--
|
--
|
Net Profit Growth
-72.99
Lower than Peers by 83.00
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
-72.99
|
-48.05
|
-13.39
|
13.30
|
122.50
|
|
Peer Median
|
10.01
|
--
|
--
|
--
|
--
|
EPS Growth
-67.18
Lower than Peers by 74.65
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
-67.18
|
-0.48
|
-0.13
|
0.05
|
1.23
|
|
Peer Median
|
7.46
|
--
|
--
|
--
|
--
|
Book Value Growth
0.99
Lower than Peers by 4.07
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
0.99
|
--
|
--
|
--
|
--
|
|
Peer Median
|
5.06
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.90
Higher than Peers by 0.48
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
1.90
|
2.10
|
1.98
|
1.76
|
1.67
|
|
Peer Median
|
1.42
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.24
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
0.24
|
0.23
|
0.20
|
0.12
|
0.31
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.47
Lower than Peers by 0.37
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
0.47
|
0.39
|
0.46
|
0.49
|
0.39
|
|
Peer Median
|
0.84
|
--
|
--
|
--
|
--
|
Quick Ratio
0.37
Lower than Peers by 0.31
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
0.37
|
0.31
|
0.39
|
0.39
|
0.32
|
|
Peer Median
|
0.68
|
--
|
--
|
--
|
--
|
Interest Coverage
1.29
Lower than Peers by 1.35
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
1.29
|
1.41
|
2.99
|
2.99
|
2.30
|
|
Peer Median
|
2.63
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
16.71
Higher than Peers by 2.37
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
16.71
|
14.11
|
11.99
|
11.50
|
13.03
|
|
Peer Median
|
14.35
|
--
|
--
|
--
|
--
|
Asset Turnover
0.16
Lower than Peers by 0.02
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
0.16
|
0.20
|
0.25
|
0.21
|
0.20
|
|
Peer Median
|
0.18
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
--
|
51.17
|
38.52
|
41.36
|
43.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
--
|
22.93
|
21.20
|
30.44
|
45.05
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
--
|
58.58
|
62.46
|
79.16
|
85.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
--
|
15.53
|
-2.74
|
-7.36
|
3.05
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
46.41
Higher than Peers by 25.14
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
46.41
|
40.42
|
24.63
|
19.99
|
22.43
|
|
Peer Median
|
21.27
|
--
|
--
|
--
|
--
|
Price / Book Value
1.64
Lower than Peers by 0.44
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
1.64
|
1.51
|
1.90
|
1.80
|
1.89
|
|
Peer Median
|
2.08
|
--
|
--
|
--
|
--
|
Dividend Yield
3.85
Higher than Peers by 0.63
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
3.85
|
--
|
--
|
--
|
--
|
|
Peer Median
|
3.22
|
--
|
--
|
--
|
--
|
EV/EBITDA
14.06
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
14.06
|
13.69
|
11.79
|
12.74
|
11.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
3,768
Higher than Peers by 1,013
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
PNM Resources Inc. (Holding Co.) (PNM)
|
3,768
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2,755
|
--
|
--
|
--
|
--
|