Intrinsiqs

Is MGE Energy, Inc. overvalued?

MGE Energy, Inc. (MGEE) looks overvalued — trading about 15% above its fair value.

Overvalued
Current price $78.76 Fair value $66.58
Price
$78.76
Fair value
$66.58
Current P/E
20.2
Normal P/E
17.1
Market cap
$2.98B
Dividend yield
2.4%
Return on equity
11.6%
Sector
Utilities

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Fair value compares MGEE's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 12 Nov 2026.