DUK Duke Energy
too hard · 37
Owner-earnings value$117.34
Price$118.88
Margin of safety
-1.3%
Quality gate · 37/100
⚠ sub-hurdle returns (median roic 6% < 9%) · over-levered (net debt/EBITDA 5.1x > 4x)
Median ROIC5.6%
Gross margin50.4%
Net debt / EBITDA5.1x
FCF conversion-66%
Share count / yr+0.3%
Profitable years4/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 5.14B |
| Owner-earnings yield | 5.5% |
| Free-cash-flow yield | -3.6% |
| Growth used (normalized) | 3.9% |
| Market-implied growth (reverse DCF) | 4.2% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 9.0% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 5.34B | 3.9% | 4.90B |
| 2 | 5.54B | 3.8% | 4.66B |
| 3 | 5.74B | 3.7% | 4.43B |
| 4 | 5.95B | 3.6% | 4.21B |
| 5 | 6.16B | 3.5% | 4.00B |
| 6 | 6.36B | 3.4% | 3.79B |
| 7 | 6.57B | 3.3% | 3.60B |
| 8 | 6.78B | 3.2% | 3.40B |
| 9 | 6.99B | 3.1% | 3.22B |
| 10 | 7.20B | 3.0% | 3.04B |
⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Price pays for ~4%/yr owner-earnings growth over 10y (reverse DCF); model credits 4%.