Market cap
$2,923 Mln
Revenue (TTM)
$769 Mln
P/E Ratio
19
P/B Ratio
2
Div. Yield
2.5 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -33.58 | 1.09 | 7.07 | 1.34 | 6.66 |
| EBIT | -71.39 | -51.63 | 0.15 | 5.15 | 7.07 |
| Net Profit | -31.20 | 25.87 | 14.18 | 6.99 | 8.02 |
| EPS | -32.74 | 22.89 | 13.02 | 8.72 | 6.90 |
| Book Value | -- | -- | 5.35 | 6.03 | 5.73 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| -- | -- | 23.34 | 25.61 | 24.24 |
| Net Margin
| -- | -- | 19.45 | -- | -- |
| Return on equity
| -- | -- | 10.90 | 10.72 | 10.17 |
| Return on Capital
| -- | -- | -- | 6.38 | 6.12 |
| Return on Assets
| -- | -- | 4.64 | 4.54 | 4.38 |
| Debt to Equity (x)
| -- | -- | 0.61 | 0.72 | 0.64 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
--
|
6.38
|
6.12
|
6.13
|
6.31
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
10.90
Higher than Peers by 0.78
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
10.90
|
10.72
|
10.17
|
10.32
|
10.60
|
|
Peer Median
|
10.12
|
--
|
--
|
--
|
--
|
ROA
4.64
Higher than Peers by 2.10
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
4.64
|
4.54
|
4.38
|
4.40
|
4.53
|
|
Peer Median
|
2.53
|
--
|
--
|
--
|
--
|
EBIT Margin
23.34
Higher than Peers by 1.35
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
23.34
|
25.61
|
24.24
|
25.48
|
25.48
|
|
Peer Median
|
22.00
|
--
|
--
|
--
|
--
|
Net Margin
19.45
Higher than Peers by 6.01
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
19.45
|
18.27
|
17.81
|
17.05
|
17.05
|
|
Peer Median
|
13.45
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
7.07
Higher than Peers by 2.24
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
7.07
|
0.10
|
-0.02
|
-0.03
|
-0.03
|
|
Peer Median
|
4.84
|
--
|
--
|
--
|
--
|
EBIT Growth
0.15
Lower than Peers by 9.82
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
0.15
|
16.06
|
-6.73
|
7.39
|
27.72
|
|
Peer Median
|
9.97
|
--
|
--
|
--
|
--
|
Net Profit Growth
14.18
Higher than Peers by 4.17
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
14.18
|
12.71
|
2.44
|
6.08
|
6.08
|
|
Peer Median
|
10.01
|
--
|
--
|
--
|
--
|
EPS Growth
13.02
Higher than Peers by 5.56
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
13.02
|
0.12
|
0.02
|
0.06
|
--
|
|
Peer Median
|
7.46
|
--
|
--
|
--
|
--
|
Book Value Growth
10.74
Higher than Peers by 5.68
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
10.74
|
--
|
--
|
--
|
--
|
|
Peer Median
|
5.06
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.61
Lower than Peers by 0.81
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
0.61
|
0.72
|
0.64
|
0.68
|
0.68
|
|
Peer Median
|
1.42
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.01
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
0.01
|
0.09
|
0.00
|
0.04
|
0.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.14
Higher than Peers by 0.29
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
1.14
|
0.77
|
1.81
|
1.52
|
1.52
|
|
Peer Median
|
0.84
|
--
|
--
|
--
|
--
|
Quick Ratio
0.79
Higher than Peers by 0.11
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
0.79
|
0.55
|
1.27
|
1.05
|
1.05
|
|
Peer Median
|
0.68
|
--
|
--
|
--
|
--
|
Interest Coverage
5.65
Higher than Peers by 3.01
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
5.65
|
5.63
|
4.98
|
5.78
|
5.78
|
|
Peer Median
|
2.63
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
11.27
Lower than Peers by 3.07
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
11.27
|
15.24
|
14.36
|
13.84
|
13.84
|
|
Peer Median
|
14.35
|
--
|
--
|
--
|
--
|
Asset Turnover
0.24
Higher than Peers by 0.05
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
0.24
|
0.25
|
0.25
|
0.26
|
0.27
|
|
Peer Median
|
0.18
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
--
|
51.69
|
51.99
|
50.54
|
54.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
--
|
1,203.46
|
64.36
|
62.97
|
63.67
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
--
|
1,781.51
|
65.56
|
56.73
|
54.08
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
--
|
-526.36
|
50.79
|
56.78
|
63.94
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
19.01
Lower than Peers by 2.22
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
19.01
|
21.10
|
28.33
|
22.24
|
--
|
|
Peer Median
|
21.23
|
--
|
--
|
--
|
--
|
Price / Book Value
2.02
Lower than Peers by 0.04
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
2.02
|
2.20
|
2.78
|
2.30
|
--
|
|
Peer Median
|
2.06
|
--
|
--
|
--
|
--
|
Dividend Yield
2.45
Lower than Peers by 0.78
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
2.45
|
--
|
--
|
--
|
--
|
|
Peer Median
|
3.23
|
--
|
--
|
--
|
--
|
EV/EBITDA
11.84
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
11.84
|
12.46
|
15.33
|
12.26
|
2.78
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
2,923
Higher than Peers by 201
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Oct-23
|
|---|---|---|---|---|---|
|
MGE Energy (MGEE)
|
2,923
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2,722
|
--
|
--
|
--
|
--
|