What is Public Service Enterprise Group Inc worth?
With the base-case assumptions below, a discounted cash flow model on Public Service Enterprise Group Inc's reported free cash flow gives -$45.75 per share. The share price was $67.02 on September 25, 2026, 246% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 0.0% | 10.0% | -$46.11 | -169% |
| Base | 5.0% | 9.0% | -$45.75 | -168% |
| Bull | 10.0% | 8.0% | -$45.06 | -167% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | -$45.49 | -$45.41 | -$45.31 | -$45.19 | -$45.03 |
| 8.0% | -$45.68 | -$45.63 | -$45.57 | -$45.50 | -$45.41 |
| 9.0% | -$45.82 | -$45.79 | -$45.75 | -$45.70 | -$45.64 |
| 10.0% | -$45.93 | -$45.91 | -$45.88 | -$45.85 | -$45.81 |
| 11.0% | -$46.02 | -$46.00 | -$45.98 | -$45.96 | -$45.93 |
Where the presets come from
Base: years 1 to 5 grow at Public Service Enterprise Group Inc's revenue growth rate over the last 5 fiscal years (4.8% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions