AVA - NYSE

Avista Corporation

Avista Corporation

AVAยทNYSE

$41.61

+1.3%
UtilitiesDiversified Utilities

Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities and AEL&P. The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana. This segment also engages in the wholesale purchase and sale of electricity and natural gas. The AEL&P segment offers electric services to 17,400 customers in the city and borough of Juneau, Alaska. The company generates electricity through hydroelectric, thermal, and wind facilities. As of February 23, 2022, it provided electric service to 406,000 customers and natural gas to 372,000 customers. In addition, the company engages in venture fund investments, real estate investments, and other investments. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$3.44B
EPS2.3800
P/E Ratio17.48
Earnings Date08/05/2026
Avista Corporation

Avista Corporation Fair Value Envelope

AVA ยท NYSE

Our analysis suggests that AVA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $41.61, this represents a potential HIDDEN relative to our calculated worth for Avista Corporation.

HIDDEN
Intrinsic Value
Current Price: $41.61

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$308.6M
+ Cash & Equivalents$19.0M
Firm Value$327.6M
- Debt$3.4B
Equity Value-$3.0B
/ Shares Outstanding81,330,868B
DCF Value-$37
OVERVALUED BY 190%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$234.5M
$117.3M
$58.6M
$29.3M
$14.7M
$7.3M
$3.7M
$1.8M
$916.0K
$458.0K
Maintenance CapEx
-$57.0M
-$28.5M
-$14.3M
-$7.1M
-$3.6M
-$1.8M
-$890.6K
-$445.3K
-$222.7K
-$111.3K
Owner Earnings
$177.5M
$88.8M
$44.4M
$22.2M
$11.1M
$5.5M
$2.8M
$1.4M
$693.4K
$346.7K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$164.4M
$76.1M
$35.2M
$16.3M
$7.6M
$3.5M
$1.6M
$749.2K
$346.9K
$160.6K
Terminal Value represents 0.9% of Enterprise Value

Related Guides

Blog Categories

Continue your AVA research with focused valuation guides.

DCF Modeling

Improve assumptions for intrinsic value accuracy.

Forecasting

Calibrate growth paths and terminal value behavior.

WACC

Refine discount-rate logic for valuation quality.

Cost of Capital

Match risk profile to expected return assumptions.

Research Paths

Pick your next lens
1

Snapshot

Start with context, operating signals, and key market metrics.

2

Value Model

Stress test fair value across bear, base, and bull assumptions.

3

Statements

Validate revenue quality, margins, and balance sheet durability.

4

Earnings Call

Read management commentary and compare it with reported outcomes.

5

Dividends

Check payout sustainability and long-term distribution behavior.

6

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.