Using the PEG framework with analyst consensus forward EPS growth of 9.8% plus 3.3% dividend yield, Duke Energy Corporation has a fair value of $65.70 based on NTM EPS (FY2026) of $6.70. The current PEG ratio is 1.97.
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 | 6.5% |
| Dividend Yield | +3.3% |
| Adjusted Growth (clamped 8–25%) | 9.8% |
| Fair P/E | 9.8x |
| NTM EPS (FY2026) | $6.70 |
| Fair Value | $65.70 |
| Period | EPS Est. | Growth | Analysts |
|---|---|---|---|
| FY2025 (actual) | $6.31 | — | — |
| FY2026E | $6.70 | +6.2% | 12 |
| FY2027E | $7.16 | +6.9% | 12 |
| FY2028E | $7.65 | +6.9% | 12 |
| FY2029E | $8.14 | +6.4% | 11 |
| FY2030E | $8.66 | +6.3% | 6 |
5Y Forward EPS CAGR: 6.5%
| Year | Net Income | EPS | YoY |
|---|---|---|---|
| FY2021 | $3.9B | $4.94 | — |
| FY2022 | $2.5B | $3.17 | -35.8% |
| FY2023 | $4.3B | $5.43 | +71.3% |
| FY2024 | $4.5B | $5.71 | +5.2% |
| FY2025 | $5.0B | $6.31 | +10.5% |
4Y Historical EPS CAGR: 6.3%
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.