WallStSmart

Avista Corporation (AVA)vsConstellation Energy Corp (CEG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Constellation Energy Corp generates 1200% more annual revenue ($25.53B vs $1.96B). AVA leads profitability with a 9.8% profit margin vs 9.1%. AVA appears more attractively valued with a PEG of 2.58. AVA earns a higher WallStSmart Score of 56/100 (C).

AVA

Buy

56

out of 100

Grade: C

Growth: 4.0Profit: 5.5Value: 5.3Quality: 3.0
Piotroski: 2/9Altman Z: 0.83

CEG

Hold

43

out of 100

Grade: D

Growth: 4.0Profit: 6.5Value: 2.7Quality: 6.0
Piotroski: 6/9Altman Z: 1.14
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AVAUndervalued (+2.2%)

Margin of Safety

+2.2%

Fair Value

$42.65

Current Price

$40.58

$2.07 discount

UndervaluedFair: $42.65Overvalued
CEGSignificantly Overvalued (-44.5%)

Margin of Safety

-44.5%

Fair Value

$191.58

Current Price

$322.78

$131.20 premium

UndervaluedFair: $191.58Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AVA3 strengths · Avg: 8.7/10
Price/BookValuation
1.2x10/10

Reasonable price relative to book value

P/E RatioValuation
17.1x8/10

Attractively priced relative to earnings

Operating MarginProfitability
20.8%8/10

Strong operational efficiency at 20.8%

CEG1 strengths · Avg: 9.0/10
Market CapQuality
$111.52B9/10

Large-cap with strong market position

Areas to Watch

AVA4 concerns · Avg: 3.5/10
Revenue GrowthGrowth
0.0%4/10

0.0% revenue growth

EPS GrowthGrowth
2.8%4/10

2.8% earnings growth

Return on EquityProfitability
7.3%3/10

ROE of 7.3% — below average capital efficiency

Debt/EquityHealth
1.213/10

Elevated debt levels

CEG4 concerns · Avg: 2.0/10
PEG RatioValuation
3.742/10

Expensive relative to growth rate

P/E RatioValuation
41.6x2/10

Premium valuation, high expectations priced in

EPS GrowthGrowth
-48.9%2/10

Earnings declined 48.9%

Free Cash FlowQuality
$-181.00M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : AVA

The strongest argument for AVA centers on Price/Book, P/E Ratio, Operating Margin.

Bull Case : CEG

The strongest argument for CEG centers on Market Cap. Revenue growth of 12.9% demonstrates continued momentum.

Bear Case : AVA

The primary concerns for AVA are Revenue Growth, EPS Growth, Return on Equity.

Bear Case : CEG

The primary concerns for CEG are PEG Ratio, P/E Ratio, EPS Growth. A P/E of 41.6x leaves little room for execution misses.

Key Dynamics to Monitor

CEG carries more volatility with a beta of 1.16 — expect wider price swings.

CEG is growing revenue faster at 12.9% — sustainability is the question.

CEG generates stronger free cash flow (-181M), providing more financial flexibility.

Monitor UTILITIES - DIVERSIFIED industry trends, competitive dynamics, and regulatory changes.

Bottom Line

AVA scores higher overall (56/100 vs 43/100). Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Avista Corporation

UTILITIES · UTILITIES - DIVERSIFIED · USA

Avista Corporation is a natural gas and electric utility company. The company is headquartered in Spokane, Washington.

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Constellation Energy Corp

UTILITIES · UTILITIES - INDEPENDENT POWER PRODUCERS · USA

Constellation Energy Corporation is an energy producer in the United States. The company is headquartered in Baltimore, Maryland.

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