Stocks pricing in the least growth: Utilities
A reverse DCF asks what yearly free cash flow growth today's price assumes (10 years at a 9% discount rate, 3% after). Utilities companies worth over $1 billion with the lowest answer: the market expects the least. One unusually strong year of cash flow can also land a company here, so check its history.
Top of the list: Suburban Propane Partners LP (SPH) -3.8%; Kenon Holdings (KEN) +3.5%; American Electric Power Co (AEP) +4.1%.
The median growth priced in across these 13 companies is +10.6%.
| # | Company | Growth priced in | FCF growth delivered | P/FCF | P/E | Market cap |
|---|---|---|---|---|---|---|
| 1 | Suburban Propane Partners LPSPH | -3.8% | -0.5% | 10.3x | 9.08x | $1.2B |
| 2 | Kenon HoldingsKEN | +3.5% | +1.1% | 17.2x | 47.1x | $2.9B |
| 3 | American Electric Power Co IncAEP | +4.1% | -2.6% | 9.59x | 17.8x | $65.4B |
| 4 | Clearway Energy Inc Class CCWEN | +4.2% | -4.5% | 18.8x | 288.4x | $6.9B |
| 5 | UGI CorporationUGI | +5.7% | -0.4% | 21.4x | 13.7x | $8.3B |
| 6 | Talen Energy CorporationTLN | +8.6% | +26.4% | 39.1x | — | $16.0B |
| 7 | NRG Energy Inc.NRG | +10.6% | -6.2% | 30.4x | 111.5x | $23.3B |
| 8 | Hawaiian Electric Industries IncHE | +10.8% | -12.5% | 31.1x | 12.2x | $1.6B |
| 9 | Nextera Energy IncNEE | +14.2% | +4.2% | 47.7x | 18.6x | $153.2B |
| 10 | Vistra Corp.VST | +14.6% | +0.5% | 426.7x | 27.3x | $55.1B |
| 11 | OGE Energy CorporationOGE | +28.5% | -19.5% | 117.8x | 21.0x | $9.7B |
| 12 | Public Service Enterprise Group IncPEG | +66.4% | -29.6% | 111.0x | 16.0x | $36.1B |
| 13 | Brookfield Infrastructure CorpBIPC | +74.8% | -93.4% | 20.4x | — | $4.5B |
Ranked from each company's latest price and reported results. Companies need a page on Investingly (SEC statements on file). Open any company for its reverse DCF, insider buying and 13F holders.
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Questions
Which company ranks first on the stocks pricing in the least growth: utilities list?
Suburban Propane Partners LP (SPH), with a growth priced in of -3.8%, as of October 12, 2026.
How is this list built?
A reverse DCF asks what yearly free cash flow growth today's price assumes (10 years at a 9% discount rate, 3% after). US companies worth over $1 billion with the lowest answer: the market expects the least. One unusually strong year of cash flow can also land a company here, so check its history. It shows the top 13 and is rebuilt every day.
Prices and ratios as of Oct 11, 2026. Statements from SEC filings. Information only, not investment advice.