WallStSmart

Black Hills Corporation (BKH)vsChesapeake Utilities Corporation (CPK)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Black Hills Corporation generates 132% more annual revenue ($2.29B vs $984.40M). CPK leads profitability with a 15.1% profit margin vs 12.6%. CPK appears more attractively valued with a PEG of 2.24. CPK earns a higher WallStSmart Score of 65/100 (B-).

BKH

Buy

51

out of 100

Grade: C-

Growth: 2.0Profit: 6.5Value: 4.7Quality: 3.0
Piotroski: 3/9Altman Z: 0.92

CPK

Strong Buy

65

out of 100

Grade: B-

Growth: 7.3Profit: 7.5Value: 4.0Quality: 3.0
Piotroski: 3/9Altman Z: 0.97
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BKHUndervalued (+1.4%)

Margin of Safety

+1.4%

Fair Value

$73.63

Current Price

$72.78

$0.85 discount

UndervaluedFair: $73.63Overvalued
CPKSignificantly Overvalued (-24.3%)

Margin of Safety

-24.3%

Fair Value

$104.88

Current Price

$123.78

$18.90 premium

UndervaluedFair: $104.88Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BKH2 strengths · Avg: 9.0/10
Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Operating MarginProfitability
25.9%8/10

Strong operational efficiency at 25.9%

CPK3 strengths · Avg: 8.0/10
Price/BookValuation
1.8x8/10

Reasonable price relative to book value

Operating MarginProfitability
28.1%8/10

Strong operational efficiency at 28.1%

Revenue GrowthGrowth
18.2%8/10

18.2% revenue growth

Areas to Watch

BKH4 concerns · Avg: 2.8/10
Return on EquityProfitability
7.3%3/10

ROE of 7.3% — below average capital efficiency

Debt/EquityHealth
1.183/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
2.712/10

Expensive relative to growth rate

CPK4 concerns · Avg: 3.0/10
PEG RatioValuation
2.244/10

Expensive relative to growth rate

Debt/EquityHealth
1.013/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Free Cash FlowQuality
$-23.90M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : BKH

The strongest argument for BKH centers on Price/Book, Operating Margin.

Bull Case : CPK

The strongest argument for CPK centers on Price/Book, Operating Margin, Revenue Growth. Profitability is solid with margins at 15.1% and operating margin at 28.1%. Revenue growth of 18.2% demonstrates continued momentum.

Bear Case : BKH

The primary concerns for BKH are Return on Equity, Debt/Equity, Piotroski F-Score.

Bear Case : CPK

The primary concerns for CPK are PEG Ratio, Debt/Equity, Piotroski F-Score.

Key Dynamics to Monitor

BKH profiles as a declining stock while CPK is a growth play — different risk/reward profiles.

BKH carries more volatility with a beta of 0.70 — expect wider price swings.

CPK is growing revenue faster at 18.2% — sustainability is the question.

CPK generates stronger free cash flow (-24M), providing more financial flexibility.

Bottom Line

CPK scores higher overall (65/100 vs 51/100), backed by strong 15.1% margins and 18.2% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

Black Hills Corporation

UTILITIES · UTILITIES - REGULATED GAS · USA

Black Hills Corporation is a natural gas and electric utility company in the United States. The company is headquartered in Rapid City, South Dakota.

Chesapeake Utilities Corporation

UTILITIES · UTILITIES - REGULATED GAS · USA

Chesapeake Utilities Corporation is a power supply company. The company is headquartered in Dover, Delaware.

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