Entergy Mississippi, Inc. 1M BD 66 (EMP) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-138.2%

-$6.97

vs $18.23 price

Levered DCF

-$5.15

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

—

Rating

B+

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	5.16×	8.97×	1.99×	20.58×	30.58×	38.46×	43.44×	32.19×
P/B	3.05×	3.95×	2.14×	2.01×	2.77×	3.22×	3.35×	3.12×
P/S	4.64×	5.37×	2.6×	2.51×	3.63×	4.32×	3.91×	3.02×
EV / EBITDA	14.96×	16.8×	11.64×	11.52×	14.2×	16.14×	18.04×	26.72×
Gross margin	53.4%	51.3%	35.4%	45.2%	44.7%	42.6%	37.4%	33.6%
Operating margin	26.4%	24.5%	18.6%	19.2%	20.2%	18.9%	15.4%	3.5%
Net margin	15.9%	14.5%	10.7%	12.2%	11.9%	11.3%	9.1%	9.4%
Current ratio	0.91×	0.67×	0.48×	0.56×	1.11×	0.55×	0.76×	0.64×
Debt / equity	1.03×	1.03×	1.04×	1.16×	1.2×	1.08×	1.06×	1.03×
Interest coverage	0.37×	0.36×	0.33×	0.33×	0.33×	0.28×	0.25×	0.06×
Dividend yield	6.0%	0.5%	0.9%	6.0%	4.8%	0.2%	4.6%	0.3%
Payout ratio	173.6%	17.4%	20.8%	124.3%	147.5%	7.1%	199.4%	8.7%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	10.5%	10.7%	8.8%	9.7%	9.1%	8.4%	7.8%	9.8%
Return on invested capital	5.2%	5.2%	4.6%	4.3%	4.3%	4.3%	3.8%	-525.7%
Return on assets	3.7%	3.7%	3.1%	3.3%	3.0%	2.8%	2.6%	3.2%
Free cash flow yield	-8.2%	0.1%	-0.6%	-5.6%	-5.8%	-5.1%	-7.5%	1.0%
Earnings yield	3.4%	2.7%	4.1%	4.8%	3.3%	2.6%	2.3%	3.1%
Enterprise value	$11.8B	$11.8B	$7B	$6.4B	$7.3B	$7.2B	$6.8B	$5.3B
Net debt / EBITDA	3.46×	3.31×	3.8×	4.2×	4.22×	4.05×	4.23×	6.48×
Cash conversion cycle (days)	-87	-50	4	-9	10	-9	21	22