Dominion Energy, Inc.

AI-generated fair value estimate for this company.

Method: Dividend discount model (Gordon growth): current annualized dividend of $2.67/share; 5% long-run dividend/rate-base growth (consistent with Dominion's data-center-driven capital investment program); 9% cost of equity (CAPM-consistent with its low 0.62 beta, applied conservatively above the raw CAPM estimate). Value = $2.67 x 1.05 / (0.09 - 0.05) = $2.804 / 0.04 = $70.00/share.

Reasoning: Dominion is a regulated utility with structurally negative unlevered free cash flow due to a multi-year, multi-billion-dollar capex program (TTM FCF of -$6.8B), so a conventional FCF DCF is not meaningful; a dividend discount model is the standard, rigorous alternative for a regulated utility whose value is driven by its allowed rate base and dividend growth rather than near-term free cash flow.