Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt capMarket cap $18.81B · View financials
Snapshot Sep 11, 2026, 4:00 PM ET
FY 2025 · View financials
Decision snapshot: EVRG stock price vs PLUG: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at PLUG's multiple
Needs PLUG P/E.
Implied fair value · at EVRG's multiple
Needs Annual EPS is negative.
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Reported gross margin
Operating income + D&A
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Capital structure 56% equity / 44% debt · EV / Revenue 5.64x
Complete market value, debt and cash evidence is required for enterprise value.
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Evergy, Inc. · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
PLUG POWER INC · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
NEXTERA ENERGY INC
EVRG vs NEE
Duke Energy CORP
EVRG vs DUK
AMERICAN ELECTRIC POWER CO INC
EVRG vs AEP
XCEL ENERGY INC
EVRG vs XEL
PPL Corp
EVRG vs PPL
NRG ENERGY, INC.
EVRG vs NRG
FUELCELL ENERGY INC
EVRG vs FCEL
Enphase Energy, Inc.
EVRG vs ENPH
GENERAC HOLDINGS INC.
EVRG vs GNRC
Enovix Corp
EVRG vs ENVX
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe EVRG can sustain its current profitability and avoid meaningful balance-sheet deterioration, then the stock looks attractive versus PLUG and PLUG-implied price because EVRG combines positive margins, positive ROIC, and a lower P/S multiple with an indicated 27.1% upside.
On the provided P/S framework, EVRG’s current price of $83.23 sits below the implied $105.82, indicating roughly 27.1% upside. The valuation gap appears driven by EVRG’s much stronger earnings power and cash generation profile versus PLUG’s deeply negative margins and losses.
Supporting Metrics
