Valuation
26% of the score
13median 13
MGE Energy, Inc. is valued at 22.9x its operating profit, including debt: a rich multiple.
25x
20x
15x
10x
6x
22.9x
Full points at 6x or less, none from 25xfull points
MGEEMGE Energy, Inc.
$68.92-16% 1Y
$68.92
$68.4452 weeks$85.51
RyuScore
Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.
RyuScore 42 out of 100, Below average
Today's price. Only valuation depends on it.
Below average. MGE Energy, Inc. scores higher than 38% of the 1,794 companies Ryufin scores.
Carried by return on new capital and capital allocation, held back by valuation and return on capital.
Utilities median 40 · all companies 50
Return on capital
18% of the score
22median 34
Over 7 years the business earned 5% a year after tax on the capital it uses.
2%
8%
15%
25%
5%
None at 2% or less, full points from 25%full points
7 years agolatest 5.2%
Return on new capital
16% of the score
66median 49
For every dollar of operating profit earned over 6 years, yearly profit grew by 6 cents. New capital earned 5.9%, and 107% of profit went back into the business.
-5%
12%
6.3%
None at minus 5 cents, full points from 12 centsfull points
Capital allocation
14% of the score
67median 64
How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.
Share countUp 0.5% a year over 5 years: new shares
565%
-3%
0.5%
0 pointsfull points
Assets against salesAssets grew 7% a year, sales 6.7%
8412%
-2%
0.3%
0 pointsfull points
Cycle position
12% of the score
58median 62
Today's operating margin of 22% is 1.08x its normal 21%: close to its usual level. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.
2x
1.5x
1x
0.7x
1.1x
A trough earns points, a peak costs themfull points
10 years agonow 22%
Balance sheet
8% of the score
35median 50
What the debt weighs against the profit that has to carry it.
Net debt to EBITDANet debt with no operating cash profit.
0Interest coverOperating profit covers interest 9x
691.5x
12x
8.8x
0 pointsfull points
Earnings quality
6% of the score
91median 90
Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.
Cash against profitOperating cash flow was 2.08x profit over 3 years
1000.7x
1x
1.3x
2.1x
0 pointsfull points
AccrualsCash ran ahead of profit by 4.3% of assets
818%
0%
-8%
-4.3%
0 pointsfull points
How the RyuScore works
Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.
Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-03-31, latest annual report FY2025.