Mulya.ai
Ticker
CEG
Scenario
Key Inputs
Revenue est.?Analysttaper yr3
OP margin est.?hist_ind
Reinvestment est.?projected
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?8.1%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.894
Beta (levered) ?0.957
Terminal OM% ?23.6%
Segment conc. ?29% dominant
Terminal growth ?4.1%
Bond rating ?A+ · 1.00%
ROIC option ?Opt 4 · 21.9%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

CEG · Constellation Energy Corporation

$272.822026-05-17
Sector: Utilities; Industry: Renewable Utilities; Sub-Industry: Electric Utilities

Intrinsic Value Range Comparison · Mulya.ai

Bull
$324
+18.6% vs market
Base · active
$301
+10.5% vs market
Bear
$235
-14.0% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $235
Market $273
Base $301
Bull $324
Median $417
Market Price $273
Mulya.ai Base $301
Analysts Median $417
Mulya.ai IV range ($235 · $324)
Analysts Range ($390 · $460)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2021.Q4$19.6B-1.8%1.2%−$342MM$327MM−$15MM8.8%-1.8%$18.9B$-0.65
2022.Q4$24.4B24.4%2.0%45.0%$272MM−$6.0B−$5.7B8.8%1.5%$16.4B$-0.51
2023.Q4$24.9B2.0%6.5%35.3%$1.0B−$9.8B−$8.8B8.4%5.8%$19.8B$5.17
2024.Q4$23.6B-5.4%18.5%17.2%$3.6B−$7.4B−$3.8B9.2%18.8%$18.6B$11.94
2025.Q4$25.5B8.3%12.1%34.0%$2.0B−$1.7B$329MM9.2%10.6%$19.8B$7.3927.8
italics below = DCF projection · 10yr Rev CAGR: 6.7%
2026.Q4$30.8B+20.6%12.1%32.6%$2.5B−$5.4B−$2.8B8.1%−$2.6B11.2%$25.1B$7.9934.1
2027.Q4$32.4B+5.2%14.4%31.2%$3.2B−$1.5B$1.7B8.2%$1.5B12.4%$26.6B$10.2226.7
2028.Q4$34.0B+5.1%16.7%29.8%$4.0B−$1.4B$2.6B8.2%$2.1B14.6%$28.0B$12.7121.5
2029.Q4$37.2B+9.3%19.0%28.4%$5.1B−$3.3B$1.8B8.3%$1.3B17.1%$31.2B$16.1216.9
2030.Q4$39.5B+6.2%23.6%27.0%$6.8B−$2.4B$4.5B8.3%$3.0B21.0%$33.6B$21.6812.6
Term. Yr+$51.0B4.1%23.6%20.0%$9.6B−$1.8B$7.8B8.6%$78.0B21.9%
Active scenario IV: $301 (+10.5% vs market)