Diversified Utilities · NYSE
当前价格
$95.82
内在价值
使用下方计算器估算
对 Sempra 运行完整的 DCF 分析，自动填充基本面数据，可调节假设参数，含敏感性热力图。
Sempra operates as an energy-services holding company in the United States and internationally. The company's San Diego Gas & Electric Company segment provides electric services; and supplies natural gas. It offers electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. Its Southern California Gas Company segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas to a population of approximately 22 million covering an area of 24,000 square miles. The company's Sempra Texas Utilities segment engages in the regulated transmission and distribution of electricity serving 3.8 million homes and businesses, and operation of 140,000 miles of transmission and distribution lines. Its transmission system includes 18,249 circuit miles of transmission lines, a total of 1,174 transmission and distribution substations, and interconnection to 130 third-party generation facilities totaling 45,403 megawatts. The company was formerly known as Sempra Energy and changed its name to Sempra in July 2021. Sempra was founded in 1998 and is headquartered in San Diego, California.
ROIC (TTM)
2.6%
ROE (TTM)
5.8%
FCF Yield
-9.66%
基于过去 12 个月的数据，SRE 每股自由现金流为 N/A，投入资本回报率（ROIC）为 2.6%，这些是使用 DCF 方法进行股票估值的关键输入。P/FCF 比率为 N/A，FCF 收益率为 -9.66%，是评估 SRE 相对估值的重要参考指标。
SRE 的内在价值取决于未来增长率、折现率（WACC）和终值假设。DCF 模型将预期自由现金流折现回现值——WACC 的小幅变化可能导致估算偏移 20% 以上，因此敏感性分析至关重要。
SRE 是否被低估取决于 DCF 内在价值与当前市价 $95.82 的比较。正的安全边际（内在价值高于市价）暗示潜在低估，但置信度取决于增长率和折现率假设的可靠性。
对 Sempra 进行 DCF 估值的步骤：(1) 以过去 12 个月每股自由现金流为基础，(2) 根据Diversified Utilities行业趋势和公司基本面预测未来 5-10 年的 FCF 增长，(3) 选择反映 SRE 风险的折现率（WACC），(4) 加上预测期之后的终值。
DCF（折现现金流）根据公司未来的现金产生能力估算其当前价值。对于 Sempra，这意味着预测Diversified Utilities在未来 5-10 年能产生多少自由现金流，再折现到今天的价值。SRE 的 ROIC 为 2.6%，表明公司可能面临产生超过资本成本回报的挑战。
WACC（加权平均资本成本）是 DCF 模型中的折现率——反映投资者要求的最低回报。对于 SRE，资本结构和股权风险溢价决定了 WACC。WACC 每提高 1%，内在价值通常下降 10-15%。
