Is IDACORP Inc (IDA) overvalued? · P/E 24, rev $1.77B
IDACORP Inc (IDA) is a utilities - regulated electric company listed on NYSE.
This page asks whether IDACORP Inc (IDA) looks expensive on cached numbers — not a short thesis.
Latest reported IDA revenue for 2024-12-31 was $1.77B. Net income was $290.0M. Revenue was up 7.9% from 2023-12-31 to 2024-12-31. IDA currently screens at market cap $7.87B and trailing P/E 23.6.
IDA currently screens at market cap $7.87B and trailing P/E 23.6. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next IDA 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the IDA stock page for the full model, not this heading.
Not investment advice.