Power Assets (OTCMKTS:HGKGY) versus Public Service Enterprise Group (NYSE:PEG) Head-To-Head Comparison

Public Service Enterprise Group (NYSE:PEG) and Power Assets (OTCMKTS:HGKGY) are both large-cap utilities companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, dividends, profitability, institutional ownership, risk, analyst recommendations and valuation.

Analyst Recommendations

This is a summary of recent ratings and target prices for Public Service Enterprise Group and Power Assets, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Public Service Enterprise Group	0	7	7	1	2.60
Power Assets	0	0	0	0	0.00

Public Service Enterprise Group presently has a consensus target price of $93.19, suggesting a potential upside of 19.29%. Given Public Service Enterprise Group’s stronger consensus rating and higher probable upside, analysts plainly believe Public Service Enterprise Group is more favorable than Power Assets.

Profitability

This table compares Public Service Enterprise Group and Power Assets’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Public Service Enterprise Group	17.69%	12.30%	3.66%
Power Assets	N/A	N/A	N/A

Valuation and Earnings

This table compares Public Service Enterprise Group and Power Assets”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Public Service Enterprise Group	$12.17 billion	3.20	$2.11 billion	$4.52	17.28
Power Assets	$98.89 million	152.36	$800.08 million	N/A	N/A

Public Service Enterprise Group has higher revenue and earnings than Power Assets.

Volatility and Risk

Public Service Enterprise Group has a beta of 0.51, indicating that its stock price is 49% less volatile than the S&P 500. Comparatively, Power Assets has a beta of 0.3, indicating that its stock price is 70% less volatile than the S&P 500.

Dividends

Public Service Enterprise Group pays an annual dividend of $2.68 per share and has a dividend yield of 3.4%. Power Assets pays an annual dividend of $0.48 per share and has a dividend yield of 6.8%. Public Service Enterprise Group pays out 59.3% of its earnings in the form of a dividend. Public Service Enterprise Group has increased its dividend for 14 consecutive years.

Insider & Institutional Ownership

73.3% of Public Service Enterprise Group shares are owned by institutional investors. 0.2% of Public Service Enterprise Group shares are owned by insiders. Comparatively, 1.0% of Power Assets shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Public Service Enterprise Group beats Power Assets on 12 of the 16 factors compared between the two stocks.

About Public Service Enterprise Group

Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs. The PSEG Power segment engages in nuclear generation businesses; and supplies power and natural gas to nuclear power plants and gas storage facilities activities. As of December 31, 2023, it had electric transmission and distribution system of 25,000 circuit miles and 866,600 poles; 56 switching stations with an installed capacity of 39,953 megavolt-amperes (MVA), and 235 substations with an installed capacity of 10,382 MVA; 109 MVA aggregate installed capacity for substations; four electric distribution headquarters and five electric sub-headquarters; 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations; and 158 MegaWatts defined conditions of installed PV solar capacity. Public Service Enterprise Group Incorporated was founded in 1903 and is based in Newark, New Jersey.

About Power Assets

Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services. It has a generation capacity of 879 MW renewable energy/energy from waste, 5,262 MW gas fired, and 3,567 MW coal/oil fired; and operates 114,900 km of gas/oil pipeline, as well as 388,200 km of power network serving 19,790,000 customers. The company was formerly known as Hongkong Electric Holdings Limited and changed its name to Power Assets Holdings Limited in February 2011. Power Assets Holdings Limited was founded in 1889 and is based in Central, Hong Kong.