Is TXNM Energy, Inc. (TXNM) overvalued? · P/E 40, rev $1.97B
TXNM Energy, Inc. (TXNM) is a utilities - regulated electric company listed on NYSE.
This page asks whether TXNM Energy, Inc. (TXNM) looks expensive on cached numbers — not a short thesis.
Latest reported TXNM revenue for 2024-12-31 was $1.97B. Net income was $258.7M. Revenue was up 1.7% from 2023-12-31 to 2024-12-31. TXNM currently screens at market cap $6.32B and trailing P/E 40.5.
TXNM currently screens at market cap $6.32B and trailing P/E 40.5. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next TXNM 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 TXNM stock page for the full model, not this heading.
Not investment advice.