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

PNM POWR Grades

• Momentum is the dimension where PNM ranks best; there it ranks ahead of 89.22% of US stocks.
• The strongest trend for PNM is in Growth, which has been heading up over the past 178 days.
• PNM ranks lowest in Sentiment; there it ranks in the 29th percentile.

PNM Stock Summary

• PNM RESOURCES INC's stock had its IPO on January 1, 1986, making it an older stock than 93.42% of US equities in our set.
• The ratio of debt to operating expenses for PNM RESOURCES INC is higher than it is for about 89.53% of US stocks.
• In terms of volatility of its share price, PNM is more volatile than just 0.09% of stocks we're observing.
• If you're looking for stocks that are quantitatively similar to PNM RESOURCES INC, a group of peers worth examining would be NWE, COLD, JOE, CWT, and BFC.
• 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 price/earnings ratio is 25.76% higher, now standing at 24.9.
• PNM's price/sales ratio has moved up 1.2 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.