Southwest Gas Holdings, Inc.

Southwest Gas Holdings, Inc.

SWXยทNYSE

$87.17

+1.7%
UtilitiesRegulated Gas

Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and Storage segments. It also provides trenching, installation, and replacement of underground pipes, as well as maintenance services for energy distribution systems. As of December 31, 2021, it had 2,159,000 residential, commercial, industrial, and other natural gas customers. Southwest Gas Holdings, Inc. was incorporated in 1931 and is headquartered in Las Vegas, Nevada.

At a Glance

Live Snapshot
Market Cap$6.31B
EPS6.0900
P/E Ratio14.31
Earnings Date08/05/2026
Southwest Gas Holdings, Inc.

Southwest Gas Holdings, Inc. Fair Value Envelope

SWX ยท NYSE

Our analysis suggests that SWX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $87.17, this represents a potential HIDDEN relative to our calculated worth for Southwest Gas Holdings, Inc..

Intrinsic Value
Current Price: $87.17

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$343.0M
+ Cash & Equivalents$576.6M
Firm Value$919.6M
- Debt$3.5B
Equity Value-$2.6B
/ Shares Outstanding72,057,349B
DCF Value-$36
OVERVALUED BY 141%

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
$278.0M
$139.0M
$69.5M
$34.8M
$17.4M
$8.7M
$4.3M
$2.2M
$1.1M
$543.0K
Maintenance CapEx
-$80.8M
-$40.4M
-$20.2M
-$10.1M
-$5.0M
-$2.5M
-$1.3M
-$631.1K
-$315.6K
-$157.8K
Owner Earnings
$197.3M
$98.6M
$49.3M
$24.7M
$12.3M
$6.2M
$3.1M
$1.5M
$770.5K
$385.3K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$182.6M
$84.6M
$39.1M
$18.1M
$8.4M
$3.9M
$1.8M
$832.6K
$385.4K
$178.4K
Terminal Value represents 0.9% of Enterprise Value