What Is PNW Fair Value?
Pinnacle West Capital (PNW) fair value estimate using multiple valuation models, updated daily.
As of October 14, 2026, Pinnacle West Capital (PNW) has a composite fair value estimate of $65.85 based on four valuation models: DCF (35% weight), Graham Number (25% weight), PEG (25% weight), and DDM (15% weight). The current market price is $101.58, suggesting the stock is overvalued by 35.2%.
Data as of October 14, 2026 (today)
Composite Fair Value
Overvalued4 of 4 models$65.85
vs. current price of $101.58(-35.2%)
How Is PNW Fair Value Calculated?
Four independent models estimate what PNW is worth. Each uses different inputs and assumptions. The composite blends them by weight.
PNW Intrinsic Value
Forward-looking models based on future cash flows
DCF (Discounted Cash Flow)
35% weightEstimates how much cash the company will generate over the next 10 years, then calculates what all that future cash is worth in today's dollars. Includes a 15% safety cushion. Try the standalone DCF calculator →
$48.49
-52.3%Overvalued
Inputs used
DDM (Dividend Discount Model)
15% weightIf a company pays you dividends, this model asks: how much are all those future dividend payments worth today? Only works for stocks that pay dividends. Try the intrinsic value calculator →
$94.57
-6.9%Fair Value
Inputs used
PNW Fair Value
Current fundamentals: earnings, assets, and growth rate
Graham Number (Value Investing)
25% weightCreated by legendary investor Benjamin Graham. It looks at two things: how much the company earns (EPS) and what its assets are worth (Book Value), then calculates the maximum price a careful investor should pay. Try the fair value calculator →
$79.00
-22.2%Overvalued
Inputs used
PEG (Price/Earnings to Growth)
25% weightChecks if you're paying a fair price for the company's growth. A fast-growing company deserves a higher price than a slow one. This model finds the right price based on how fast earnings are growing.
$47.79
-53.0%Overvalued
Inputs used
What If You Change the Assumptions?
Drag the sliders to test different scenarios. Tap the ? buttons to learn what each input means.
Your DCF Fair Value
Current price $101.58 is 52.3% above this estimate
View 10-year cash flow projections
| Year | Projected FCF (Free Cash Flow) | Present Value |
|---|---|---|
| Year 1 | $489.0M | $464.9M |
| Year 2 | $517.1M | $467.4M |
| Year 3 | $546.8M | $469.9M |
| Year 4 | $578.2M | $472.4M |
| Year 5 | $611.4M | $474.9M |
| Year 6 | $646.5M | $477.5M |
| Year 7 | $683.7M | $480.0M |
| Year 8 | $722.9M | $482.6M |
| Year 9 | $764.5M | $485.2M |
| Year 10 | $808.4M | $487.8M |
| Terminal Value | $30.90B | $18.65B |
What Are PNW's Key Financial Metrics?
Earnings & Growth
Current Price
$101.58
EPS (TTM)
$5.21
Forward P/E
18.2
Profit Margin
11.5%
Cash & Balance Sheet
Free Cash Flow
-929.5M
EBITDA
2.1B
Book Value
$58.05
Total Debt
16.5B
What Do Analysts Say About PNW?
Low
$89.00
Average
$102.93
High
$118.00
Upside
+1.3%
PNW Fair Value FAQ
What is the fair value of PNW?
Based on our composite model (DCF 35%, Graham 25%, PEG 25%, DDM 15%), PNW's estimated fair value is $65.85. The stock is currently trading at $101.58, which makes it overvalued by our analysis.
How is PNW's fair value calculated?
We use four valuation methods: Discounted Cash Flow (DCF), Graham Number, PEG-based Fair Value, and Dividend Discount Model (for dividend-paying stocks). The composite score weights DCF at 35%, Graham and PEG at 25% each, and DDM at 15%. When a model can't be applied, its weight is redistributed proportionally.
Is PNW overvalued or undervalued?
Based on our analysis, PNW is overvalued. The current price of $101.58 is 35.2% above our estimated fair value of $65.85.
What do Wall Street analysts say about PNW?
14 analysts cover Pinnacle West Capital with a consensus rating of "Hold." The average price target is $102.93, ranging from $89.00 to $118.00. This implies 1.3% upside from the current price.