NewJersey Resources Corporation (NJR): Price and Financial Metrics

NJR POWR Grades

• NJR scores best on the Momentum dimension, with a Momentum rank ahead of 58.2% of US stocks.
• The strongest trend for NJR is in Value, which has been heading down over the past 26 weeks.
• NJR ranks lowest in Value; there it ranks in the 8th percentile.

NJR Stock Summary

• NJR's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 110,570.2 -- higher than 100% of US-listed equities with positive expected earnings growth.
• Of note is the ratio of NEW JERSEY RESOURCES CORP's sales and general administrative expense to its total operating expenses; only 0.17% of US stocks have a lower such ratio.
• For NJR, its debt to operating expenses ratio is greater than that reported by 95.93% of US equities we're observing.
• Stocks with similar financial metrics, market capitalization, and price volatility to NEW JERSEY RESOURCES CORP are DNB, TREX, ORA, SRCL, and SCM.
• NJR's SEC filings can be seen here. And to visit NEW JERSEY RESOURCES CORP's official web site, go to www.njresources.com.

NJR Valuation Summary

• NJR's EV/EBIT ratio is 17.5; this is 10.03% lower than that of the median Utilities stock.
• NJR's price/earnings ratio has moved up 0.3 over the prior 243 months.

Below are key valuation metrics over time for NJR.

NJR Growth Metrics

Its year over year revenue growth rate is now at 27.24%.
• Its 4 year price growth rate is now at -16.33%.
• The 3 year cash and equivalents growth rate now stands at -83.28%.

NJR's revenue has moved up $816,676,000 over the prior 70 months.

The table below shows NJR's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-12-31	2,953.704	271.94	279.531
2022-09-30	2,905.979	323.48	274.922
2022-06-30	2,673.021	285.035	219.267
2022-03-31	2,488.279	365.115	94.383
2021-12-31	2,378.15	321.824	148.157
2021-09-30	2,156.613	390.954	117.89

NJR's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• NJR has a Quality Grade of F, ranking ahead of 4.02% of graded US stocks.
• NJR's asset turnover comes in at 0.371 -- ranking 20th of 105 Utilities stocks.
• AROC, UGI, and CNP are the stocks whose asset turnover ratios are most correlated with NJR.

The table below shows NJR's key quality metrics over time.