MGE Energy Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 18.62
Dividend & Yield1.63$ (2.30%)
Beta 0.68
Market capitalization 2.54B
Operating cash flow 140.51M
ESG Scores unknown

Company description

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments. As of December 31, 2021, the company generated and distributed electricity to 159,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 169,000 customers in seven Wisconsin counties. MGE Energy, Inc.is headquartered in Madison, Wisconsin.

Sector: Utilities - Industry: Utilities—Diversified

Financial Ratios
Quick Ratio1.25
Working Capital1.3
Return On Equity0.1
Debt To Equity0.6
Fixed Asset Ratio0.01
Fixed Interest Cover5.55

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -4.86M -7.43M 14.35M 2.73M
Total Cashflows From Investing Activities -218.33M -172.36M -210.41M -156.97M
Net Borrowings 84.55M 32.45M 32.84M 48.23M
Total Cash From Financing Activities 38.12M -17.23M 59.19M -8.76M
Change To Operating Activities 12.21M -10.23M -6.69M -6.93M
Issuance Of Stock 79.64M 79.64M 79.64M
Net Income 84.22M 86.87M 92.42M 105.76M
Change In Cash -27.16M -59.12M 21.23M -28.2M
Effect Of Exchange Rate
Total Cash From Operating Activities 153.04M 130.47M 172.44M 137.53M
Depreciation 51.71M 66.46M 69.09M 71.28M
Change To Account Receivables 922k 1.06M -5.45M -24.65M
Other Cashflows From Financing Activities -662k -1.84M -1.55M -2.2M
Change To Netincome -8.91M -7.26M 2.76M -4.99M
Capital Expenditures -212.2M -164.04M -203.14M -153.17M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 111.65M 106.66M 111.84M 109.88M
Net Income 84.22M 86.87M 92.42M 105.76M
Selling General Administrative -10.95M -3.32M -12.78M -16.1M
Gross Profit 190.03M 202.33M 204.26M 214.06M
Ebit 125.15M 114.23M 123.1M 133.9M
Operating Income 125.15M 114.23M 123.1M 133.9M
Interest Expense -19.61M -23.06M -23.52M -24.11M
Income Tax Expense 27.43M 19.78M 19.42M 4.12M
Total Revenue 545.37M 554.96M 524.53M 593.08M
Cost Of Revenue 355.34M 352.62M 320.27M 379.03M
Total Other Income ExpenseNet -13.5M -7.57M -11.26M -24.02M
Net Income From Continuing Ops 84.22M 86.87M 92.42M 105.76M
Net Income Applicable To Common Shares 84.22M 86.87M 92.42M 105.76M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.17B 1.23B 1.28B 1.34B
Total Stockholder Equity 816.64M 855.68M 976M 1.03B
Other Current Liabilities 36.49M 32.91M 56.6M 18.76M
Total Assets 1.99B 2.08B 2.25B 2.37B
Common Stock 34.67M 34.67M 36.16M 36.16M
Other Current Assets 21.15M 21.66M 26.14M 12.65M
Retained Earnings 465.71M 504.74M 545.43M 596.4M
Treasury Stock
Cash 83.1M 23.48M 44.74M 17.44M
Total Current Liabilities 120.63M 128.82M 190.93M 117.85M
Other Stockholder Equity
Property, Plant, and Equipment 1.51B 1.64B 1.78B 1.89B
Total Current Assets 240.56M 181.64M 209.52M 199.37M
Net Tangible Assets 807.44M 842.08M 961.2M 1.01B
Net Receivables 78.1M 74.32M 76.19M 97.11M
Accounts Payable 46.16M 55.16M 54.64M 64.15M


Insider Transactions

Here are the insider transactions of stock shares related to MGE Energy Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
BERBEE JAMES GPurchase at price 69.55 per share.D2022-11-15Director172
BERBEE JAMES GPurchase at price 78.90 per share.D2022-08-30Director361
BERBEE JAMES GPurchase at price 79.11 per share.D2022-05-25Director57
WRAY NOBLE LYNNWOODPurchase at price 79.11 per share.D2022-05-25Director25
LORENZ JAMES JEROMEPurchase at price 76.30 per share.D2022-03-11Officer131
BERBEE JAMES GPurchase at price 74.86 per share.D2022-03-04Director1.07k
POSSIN JAMES LPurchase at price 70.05 per share.D2022-03-01Director400
HOBBIE LYNN KStock Award(Grant) at price 0.00 per share.D2022-02-18Officer2.42k
KEEBLER JEFFREY MStock Award(Grant) at price 0.00 per share.D2022-02-18Chief Executive Officer6.49k
RENLUND CARI ANNEStock Award(Grant) at price 0.00 per share.D2022-02-18General Counsel2.23k
BUSHEK JARED JOSEPHStock Award(Grant) at price 0.00 per share.D2022-02-18Chief Technology Officer1.8k
JOHNSON TAMARA JEANStock Award(Grant) at price 0.00 per share.D2022-02-18Officer1.6k
SMITH SCOTT ROBERTStock Award(Grant) at price 0.00 per share.D2022-02-18Officer750
LORENZ JAMES JEROMEStock Award(Grant) at price 0.00 per share.D2022-02-18Officer691
BERBEE JAMES GPurchase at price 76.93 per share.D2021-11-22Director58
BERBEE JAMES GPurchase at price 80.26 per share.D2021-08-26Director374
BERBEE JAMES GPurchase at price 75.08 per share.D2021-06-03Director20
BERBEE JAMES GPurchase at price 74.94 per share.D2021-05-25Director80
BERBEE JAMES GPurchase at price 66.26 per share.D2021-03-08Director1.03k
PETERSON DONALD DStock Award(Grant) at price 0.00 per share.D2021-02-19Officer589
NEWMAN JEFFREY CStock Gift at price 0.00 per share.D2020-12-14Officer350
BERBEE JAMES GPurchase at price 69.81 per share.D2020-12-10Director21

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to MGE Energy Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on MGE Energy Inc

Here is the result of two systematic investment strategies applied to MGE Energy Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on MGE Energy Inc

The following chart shows the equity curve of the two systematic investment strategies applied to MGE Energy Inc:

MGE Energy Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 9.75% on the backtest period.

Performance at glance

Performance

9.75 %

Latent gain

214.2 $

Invested capital

2197.0 $

Annualized return

2.36 %
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Momentum strategy results on MGE Energy Inc

This is the result of two momentum investment strategies applied to MGE Energy Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on MGE Energy Inc

The following chart shows all the entries opened by the momentum investment system on MGE Energy Inc:

MGE Energy Inc momentum entries
  • The first momentum investment strategy would give 14.14% of return on MGE Energy Inc. That represents 737.61$ of latent gain with 5215.04$ of employed capital.
  • The second momentum investment strategy would give 15.4% of return on MGE Energy Inc. That represents 462.46$ of latent gain with 3003.64$ of employed capital.
Performance at glance (1Q Momentum)

Performance

14.14 %

Latent gain

737.61 $

Invested capital

5215.04 $

Annualized return

9.33 %
Performance at glance (2Q Momentum)

Performance

15.4 %

Latent gain

462.46 $

Invested capital

3003.64 $

Annualized return

4.21 %

Momentum equity curve on MGE Energy Inc

The following chart shows the equity curve of the two momentum strategies applied to MGE Energy Inc:

MGE Energy Inc momentum equity

Note: the dividends potentially given by MGE Energy Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MGE Energy Inc

The following chart shows the employed capital evolution of the two momentum strategies on MGE Energy Inc since the beginning:

MGE Energy Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on MGE Energy Inc

Buy the dip entry openings on MGE Energy Inc

MGE Energy Inc

The performance achieved by the robo-advisor on MGE Energy Inc is 19.96%. That represents 100.32$ of latent gain with 502.48$ of employed capital. The following chart shows MGE Energy Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MGE Energy Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

19.96 %

Latent gain

100.32 $

Invested capital

502.48 $

Annualized return

9.33 %

Equity curve of the strategy applied to MGE Energy Inc

The following chart shows the result of the investment strategy applied to MGE Energy Inc:

MGE Energy Inc

Note: the dividends potentially given by MGE Energy Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MGE Energy Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on MGE Energy Inc:

MGE Energy Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on MGE Energy Inc

In this section, I will compare the three previous investment strategies applied to MGE Energy Inc.

Equity curve comparison on MGE Energy Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

MGE Energy Inc investment strategy comparison

Employed capital comparison on MGE Energy Inc

MGE Energy Inc investment comparison

Performance comparison on MGE Energy Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 9.75% 214.2$ 2197.0$ 2.36%
Momentum 1 quarter 14.14% 737.61$ 5215.04$ 3.63%
Momentum 2 quarters 15.4% 462.46$ 3003.64$ 4.21%
Non-directional 19.96% 100.32$ 502.48$ 9.33%
Annualized return comparison

Automatic investment

2.36 %

Momentum 1Q

4.21 %

Momentum 2Q

4.21 %

Non-directional

9.33 %

Correlated stocks

Here are the most positively and negatively correlated stocks with MGE Energy Inc:


Company information

Company name MGE Energy Inc
Country United States
City Madison
Address 133 South Blair Street
Phone 608 252 7000
Website www.mgeenergy.com
FullTime employees
Industry Utilities—Diversified
Sector Utilities
Exchange XNAS
Ticker MGEE
Market www.nasdaq.com

MGE Energy Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown