Using the PEG framework with analyst consensus forward EPS growth of 10.2% plus 4.3% dividend yield, Dominion Energy, Inc. has a fair value of $36.54 based on NTM EPS (FY2026) of $3.58. The current PEG ratio is 1.67.
PEG < 1 = bargain, 1–1.5 = fair, > 2 = expensive.
PEG tends to undervalue slow growers — consider dividend yield and asset value instead.
| EPS Growth RateForward | 5.9% |
| Dividend Yield | +4.3% |
| Adjusted Growth (clamped 8–25%) | 10.2% |
| Fair P/E | 10.2x |
| NTM EPS (FY2026) | $3.58 |
| Fair Value | $36.54 |
| Period | EPS Est. | Growth | Analysts |
|---|---|---|---|
| FY2025 (actual) | $3.45 | — | — |
| FY2026E | $3.58 | +3.9% | 10 |
| FY2027E | $3.82 | +6.5% | 9 |
| FY2028E | $4.07 | +6.5% | 9 |
| FY2029E | $4.31 | +5.8% | 4 |
| FY2030E | $4.61 | +7.0% | 4 |
5Y Forward EPS CAGR: 5.9%
| Year | Net Income | EPS | YoY |
|---|---|---|---|
| FY2021 | $3.4B | $3.98 | — |
| FY2022 | $1.2B | $1.09 | -72.6% |
| FY2023 | $2.0B | $2.29 | +110.1% |
| FY2024 | $2.1B | $2.44 | +6.6% |
| FY2025 | $3.0B | $3.45 | +41.4% |
4Y Historical EPS CAGR: -3.5%
The PEG Fair Value uses the Price/Earnings-to-Growth framework. A stock is fairly valued when its P/E ratio equals its earnings growth rate (PEG = 1.0). This model adds dividend yield to the growth rate per the original PEGY formula.
Growth rate priority: analyst consensus forward EPS CAGR (when ≥ 3 analysts cover the stock), falling back to historical EPS CAGR. Using EPS rather than net income avoids distortion from share buybacks. The growth rate is clamped between 8% and 25% — below 8% would undervalue stable earners, while above 25% would overvalue unsustainable spikes.