Published on 30 May 2024 on Simply Wall St. via Yahoo Finance
Is There An Opportunity With FirstEnergy Corp.'s (NYSE:FE) 39% Undervaluation?
Key Insights
The projected fair value for FirstEnergy is US$62.80 based on 2 Stage Free Cash Flow to EquityCurrent share price of US$38.53 suggests FirstEnergy is potentially 39% undervaluedOur fair value estimate is 50% higher than FirstEnergy's analyst price target of US$41.86
In this article we are going to estimate the intrinsic value of FirstEnergy Corp. (NYSE:FE) by taking the expected future cash flows and discounting them to today's value. One way to achieve this is by employing the Discounted Cash Flow (DCF) model. Before you think you won't be able to understand it, just read on! It's actually much less complex than you'd imagine.