COMPARE · Reviewed July 23, 2026
FE vs NJR
Verdict: Side-by-side breakdown using the Bull Rankings model. FE scored 61.9, NJR scored 64.4 — NJR leads.
Compare another set
FE
FirstEnergy Corp.
61.9
$49.49 · $28.6B
Score gap
2.5
NJR leads
NJR
New Jersey Resources Corporation
64.4
$59.41 · $6.0B
The model, pillar by pillar (0–100 each)
FE
stronger →← stronger
NJR
55
Qualityreturns · margins · balance sheet
75
82
Growthrevenue & earnings expansion
59
53
Valuevaluation vs sector peers
60
NJR is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
FE
NJR
-$1.7bF
FCF
$342mC
+11.3%B
Rev
+7.2%B
1.99C
D/E
1.42B
1.8xB+
P/S
—
1.72C+
PEG
2.25C
—
P/E
17.6xA-
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
FE
NJR
—
Price vs fair valuelower is cheaper
13% below
—
Growth the price implies10-yr FCF · lower = less priced in
~-4%/yr
—
1-yr DCF upside
+26%
—
5-yr DCF upside
+15%
—
10-yr DCF upside
+1%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
FE
Why this score
- Durable high returns
NJR
Why this score
- Raising its dividend
The companies
FEFirstEnergy Corp.
Why now
Utilities - Regulated Electric · market cap $28.6b. 5% off the 52-week high of $52.34. Revenue growing +11%, comfortably above the S&P median. 13 sell-side analysts rate this a Buy with a mean 1-yr target of $52.92 (implying +7% upside).
Moat
Turnaround / out-of-favor name — GAAP-unprofitable for now, so the durability case is forward-looking: it rests on a recovery (margin normalization, a cyclical upturn or restructuring) or an un-monetized asset (IP / network effects / first-mover position) rather than on current reported results.
Risk
Free cash flow is negative (-$1.7b) — capital raises or debt issuance likely required; dilution / leverage risk.
NJRNew Jersey Resources Corporation
Why now
Utilities - Regulated Gas · market cap $6.0b. Trading near 52-week high of $60.69 — momentum setup, limited technical margin of safety. 7 sell-side analysts rate this a Buy with a mean 1-yr target of $60.00 (implying +1% upside).
Moat
Net margin 23% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 13% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere. FCF converts 100% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Trading within 2% of the 52-week high — limited technical margin of safety; a momentum reversal would test conviction. Commodity exposure — earnings power tracks the price of the underlying commodity, not management execution. A 15-20% move in the commodity reprices the equity well before fundamentals catch up.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.