IDACORP, Inc.

IDACORP, Inc.

IDAยทNYSE

$138.61

+1.4%
UtilitiesRegulated Electric

IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2021, it had approximately 4,843 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 10 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distribution substations; and 28,570 pole-miles of distribution lines, as well as provides electric utility services to approximately 604,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.

At a Glance

Live Snapshot
Market Cap$7.68B
EPS5.9600
P/E Ratio23.26
Earnings Date07/30/2026
IDACORP, Inc.

IDACORP, Inc. Fair Value Envelope

IDA ยท NYSE

Our analysis suggests that IDA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $138.61, this represents a potential HIDDEN relative to our calculated worth for IDACORP, Inc..

Intrinsic Value
Current Price: $138.61

Owner Earnings Valuation Tool

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

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$489.8M
+ Cash & Equivalents$215.7M
Firm Value$705.5M
- Debt$3.7B
Equity Value-$3.0B
/ Shares Outstanding54,045,224B
DCF Value-$55
OVERVALUED BY 139%

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
$365.9M
$222.5M
$135.3M
$82.2M
$50.0M
$30.4M
$18.5M
$11.2M
$6.8M
$4.2M
Maintenance CapEx
-$143.4M
-$87.2M
-$53.0M
-$32.2M
-$19.6M
-$11.9M
-$7.2M
-$4.4M
-$2.7M
-$1.6M
Owner Earnings
$222.5M
$135.3M
$82.3M
$50.0M
$30.4M
$18.5M
$11.2M
$6.8M
$4.2M
$2.5M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$206.0M
$116.0M
$65.3M
$36.8M
$20.7M
$11.6M
$6.6M
$3.7M
$2.1M
$1.2M
Terminal Value represents 4.1% of Enterprise Value