WallStSmart

NiSource Inc (NI)vsNewJersey Resources Corporation (NJR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

NiSource Inc generates 209% more annual revenue ($6.88B vs $2.23B). NJR leads profitability with a 16.4% profit margin vs 13.2%. NJR appears more attractively valued with a PEG of 2.15. NJR earns a higher WallStSmart Score of 57/100 (C).

NI

Buy

50

out of 100

Grade: C-

Growth: 3.3Profit: 6.5Value: 5.0Quality: 3.5
Piotroski: 4/9Altman Z: 0.58

NJR

Buy

57

out of 100

Grade: C

Growth: 5.3Profit: 6.5Value: 4.7Quality: 4.0
Piotroski: 4/9Altman Z: 1.02
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for NI.

NJRSignificantly Overvalued (-63.8%)

Margin of Safety

-63.8%

Fair Value

$32.26

Current Price

$54.97

$22.71 premium

UndervaluedFair: $32.26Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NI1 strengths · Avg: 8.0/10
Price/BookValuation
2.1x8/10

Reasonable price relative to book value

NJR3 strengths · Avg: 8.0/10
P/E RatioValuation
15.4x8/10

Attractively priced relative to earnings

Price/BookValuation
2.1x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
16.8%8/10

16.8% revenue growth

Areas to Watch

NI4 concerns · Avg: 3.3/10
PEG RatioValuation
2.384/10

Expensive relative to growth rate

Revenue GrowthGrowth
4.6%4/10

4.6% revenue growth

Debt/EquityHealth
1.833/10

Elevated debt levels

EPS GrowthGrowth
-58.4%2/10

Earnings declined 58.4%

NJR3 concerns · Avg: 3.0/10
PEG RatioValuation
2.154/10

Expensive relative to growth rate

Debt/EquityHealth
1.473/10

Elevated debt levels

Altman Z-ScoreHealth
1.022/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : NI

The strongest argument for NI centers on Price/Book.

Bull Case : NJR

The strongest argument for NJR centers on P/E Ratio, Price/Book, Revenue Growth. Profitability is solid with margins at 16.4% and operating margin at 9.1%. Revenue growth of 16.8% demonstrates continued momentum.

Bear Case : NI

The primary concerns for NI are PEG Ratio, Revenue Growth, Debt/Equity. Debt-to-equity of 1.83 is elevated, increasing financial risk.

Bear Case : NJR

The primary concerns for NJR are PEG Ratio, Debt/Equity, Altman Z-Score.

Key Dynamics to Monitor

NI profiles as a value stock while NJR is a growth play — different risk/reward profiles.

NI carries more volatility with a beta of 0.55 — expect wider price swings.

NJR is growing revenue faster at 16.8% — sustainability is the question.

NJR generates stronger free cash flow (25M), providing more financial flexibility.

Bottom Line

NJR scores higher overall (57/100 vs 50/100), backed by strong 16.4% margins and 16.8% revenue growth. Both earn "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.

NiSource Inc

UTILITIES · UTILITIES - REGULATED GAS · USA

NiSource Inc. is one of the largest fully regulated utility companies in the United States. The company is based in Merrillville, Indiana.

NewJersey Resources Corporation

UTILITIES · UTILITIES - REGULATED GAS · USA

New Jersey Resources Corporation, an energy services portfolio company, provides regulated gas distribution and retail and wholesale energy services. The company is headquartered in Wall, New Jersey.

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