PNM Resources, Inc. (Holding Co.) (PNM): Price and Financial Metrics

PNM POWR Grades

• Stability is the dimension where PNM ranks best; there it ranks ahead of 63.18% of US stocks.
• PNM's strongest trending metric is Momentum; it's been moving down over the last 179 days.
• PNM's current lowest rank is in the Growth metric (where it is better than 20.43% of US stocks).

PNM Stock Summary

• PNM's went public 37.74 years ago, making it older than 93.16% of listed US stocks we're tracking.
• The ratio of debt to operating expenses for PNM RESOURCES INC is higher than it is for about 90.22% of US stocks.
• The volatility of PNM RESOURCES INC's share price is greater than that of only 3.24% US stocks with at least 200 days of trading history.
• If you're looking for stocks that are quantitatively similar to PNM RESOURCES INC, a group of peers worth examining would be SJW, YORW, EE, PLNT, and UHAL.
• Visit PNM's SEC page to see the company's official filings. To visit the company's web site, go to www.pnmresources.com.

PNM Valuation Summary

• In comparison to the median Utilities stock, PNM's EV/EBIT ratio is 4.43% lower, now standing at 19.4.
• PNM's price/sales ratio has moved up 0.7 over the prior 243 months.

Below are key valuation metrics over time for PNM.

PNM Growth Metrics

The 4 year net cashflow from operations growth rate now stands at 7.85%.
• Its 2 year price growth rate is now at 22.25%.
• Its 5 year revenue growth rate is now at 4.3%.

PNM's revenue has moved up $682,349,000 over the prior 49 months.

The table below shows PNM's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	2,107.811	566.857	164.477
2022-06-30	1,932.474	591.174	155.365
2022-03-31	1,859.284	578.006	193.713
2021-12-31	1,779.873	547.873	195.301
2021-09-30	1,705.074	526.255	192.991
2021-06-30	1,622.988	494.481	201.438

PNM's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• PNM has a Quality Grade of C, ranking ahead of 62.05% of graded US stocks.
• PNM's asset turnover comes in at 0.213 -- ranking 54th of 105 Utilities stocks.
• CEQP, XEL, and PCYO are the stocks whose asset turnover ratios are most correlated with PNM.

The table below shows PNM's key quality metrics over time.