Intrinsiqs

Is MGE Energy, Inc. overvalued?

MGE Energy, Inc. (MGEE) looks overvalued — trading about 19% above its fair value.

Overvalued
Current price $81.95 Fair value $66.58
Price
$81.95
Fair value
$66.58
Current P/E
21.0
Normal P/E
17.1
Market cap
$3.09B
Dividend yield
2.3%
Return on equity
11.1%
Sector
Utilities

See the full interactive analysis →

Fair value compares MGEE's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 11 Aug 2026.