Stock fact sheet · data as of
Northwestern Energy Group Inc (NWE): fair value, margin of safety and Wheel Score
Ticker symbol NWE · Utilities · Regulated Electric · United States · Blend
Is NWE undervalued?
At 82.00 (close of 5 Nov 2026), NWE trades 147% over the GLS average fair value of 33.17, with 0 of 6 models above the price. The stock earns none of the Wheel Score's Value points at this price. That is a statement about price against trailing fundamentals, not about the company's prospects - the Wall Street View and the Growth tab on the Quote page carry the forward numbers.
The 6 models disagree widely: GLS Growth gives 3.35 while Graham Growth gives 54.88. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for NWE, so the nightly engine files it under Blend (value score 25, growth score 25, out of 100).
Nine valuation models for NWE
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 54.32 | -34% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 54.88 | -33% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 16.22 | -80% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 3.35 | -96% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 39.29 | -52% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 30.96 | -62% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -82.42 | -201% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 81.67 | -0% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
On financial health NWE scores 7/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is 5.3 out of 10: a record that is solid on some of the four parts the score weighs (returns on capital, pricing power, lasting growth, balance sheet) and weaker on others.
Returns on capital are thin or negative - ROIC 2.9%, ROE 6.3%, ROA 2.1% - with debt at 1.19 times equity and negative free cash flow.
The dividend yield is 3.26% at a payout ratio of 95%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Electricity, US Regulated 79%, Natural Gas, US Regulated 21% (fiscal year FY2025).
Institutional ownership scores 10/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 7 / 9 | ROIC | 2.9% |
|---|---|---|---|
| GLS Moat | 5.3 / 10 | ROE | 6.3% |
| Debt / equity | 1.19 | ROA | 2.1% |
| Free-cash-flow yield | -3.8% | Payout ratio | 95% |
| Institutions | 10 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 33: Weak
NWE scores 33 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 1, options that actually trade - options too quiet (424 open interest, 33 a day); and filter 3, below fair value - trades 147% above our fair value; and filter 5, can repay its debt - 8.1 years to repay its debt (over 6), and the parts are thin too - value weak, premium good, moat fair, health good, red flags good, option trading weak, stability good. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 31% on the near-the-money contracts 20-60 days out: enough to pass the 25-80% Wheel Trade Filter, but under the 35-60% sweet spot the score rewards most. Chain open interest is thin - 424 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 991k shares a day on a market cap of $5.0B, with a beta of 0.36 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that good.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | options too quiet (424 open interest, 33 a day) |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Fails | trades 147% above our fair value |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Fails | 8.1 years to repay its debt (over 6) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 147% above fair value | |
| Premium | Good | implied volatility 31% | |
| Moat | Fair | moat 5.3/10 | |
| Health | Good | Piotroski 7/9 | |
| Red Flags | Good | Red Flags score 82/100 | |
| Option trading | Weak | 33 contracts a day, 424 open interest | |
| Stability | Good | beta 0.36, $5.0B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
Northwestern Energy Group Inc reports earnings on 5 Nov 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Analysts upgraded NWE 1 time in the last 30 days with no downgrades; the latest action was an upgrade by Wells Fargo on 26 Oct 2026.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Regulated Electric
The 12 companies below are the closest to Northwestern Energy Group Inc by market cap within the Regulated Electric industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| CIG Companhia Energética de Minas Gerais | 1.82 | 4.36 | +58% | 44Weak | $5.2B |
| POR Portland General Electric Company | 46.00 | 27.26 | -69% | 27Weak | $5.5B |
| ENIC Enel Chile S.A. | 4.39 | 5.18 | +15% | 35Weak | $6.1B |
| UEPEM Union Electric Company | 60.05 | 52.24 | -15% | 20No options | $6.1B |
| CMSC CMS Energy Corporation 5.875% J | 20.36 | 30.94 | +34% | 30No options | $6.2B |
| UEPEN Union Electric Company | 61.50 | 51.19 | -20% | 20No options | $6.3B |
| CMSD CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079 | 20.27 | 30.83 | +34% | 29No options | $6.4B |
| TXNM TXNM Energy, Inc. | 58.49 | 28.25 | -107% | 28Weak | $6.4B |
| UEPCP Union Electric Company | 66.75 | 52.87 | -26% | 20No options | $6.8B |
| UEPEP Union Electric Company | 68.75 | 53.42 | -29% | 20No options | $7.0B |
| PAM Pampa Energía S.A. | 64.84 | 137.06 | +53% | 49Weak | $3.5B |
| UEPEO Union Electric Company | 69.10 | 51.30 | -35% | 19No options | $7.8B |
Scan the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about NWE
Is NWE undervalued right now?
No: at 82.00 the stock trades 147% above the GLS average fair value of 33.17 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of NWE and what does it mean?
NWE scores 33 out of 100 (Weak) - it fails Wheel Trade Filters 1, 3, 5. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for NWE?
33.17 per share as of 5 Nov 2026 - the simple average of the 6 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Northwestern Energy Group Inc report earnings next?
The next earnings report is due on 5 Nov 2026 (after the close), 0 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does NWE have listed options, and how liquid are they?
Yes. The nightly snapshot found 42 listed contracts with 424 open interest across all expiries and implied volatility of 31% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.