COMPARE · Data as of August 24, 2026
FRVO vs VST
Verdict: Side-by-side breakdown using the Bull Rankings model. FRVO scored 35.3, VST scored 74.0 — VST leads.
Compare another set
FRVO
Fervo Energy Company
35.3
$15.47 · $4.6B
Score gap
38.7
VST leads
VST
Vistra Corp.
74
$135.66 · $45.5B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- Fastest growthVST+18.6%
- Strongest balance sheetFRVO0.11
- Highest qualityFRVO74 / 100
Side by side · every name on one set of axes
The model, pillar by pillar (0–100 each)
FRVO
stronger →← stronger
VST
74
Qualityreturns · margins · balance sheet
65
15
Growthrevenue & earnings expansion
88
40
Valuevaluation vs sector peers
71
VST is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
FRVO
VST
—
FCF
$2.3bB
-30.7%F
Rev
+18.6%B+
0.11A
D/E
3.73D
—
PEG
0.39A
—
P/E
22.9xC+
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
FRVO
VST
—
Price vs fair valuelower is cheaper
28% above
—
Growth the price implies10-yr FCF · lower = less priced in
~19%/yr
—
1-yr DCF upside
-36%
—
5-yr DCF upside
-22%
—
10-yr DCF upside
+5%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
FRVO
Why this score
- Short track record
VST
No notable signals flagged.
The companies
FRVOFervo Energy Company
Why now
Utilities - Renewable · market cap $4.6b. Down 64% from 52-week high of $42.65 — deep drawdown territory. Revenue -31% — in contraction; any catalyst that reverses this triggers re-rating. 11 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $42.82 (implying +177% upside).
Moat
Higher-variance name — the moat signals on the quantitative card are modest, so the durability case rests on execution (turning current growth into durable earnings power) or an un-monetized asset (IP / network effects / first-mover position) rather than an entrenched competitive position.
Risk
Revenue contracting -31% — the operational turn is not yet visible in the top line. Down 64% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up.
VSTVistra Corp.
Why now
Utilities - Independent Power Producers · market cap $45.5b. Down 38% from 52-week high of $219.82 — deep drawdown territory. Revenue growing +19%, comfortably above the S&P median. PEG 0.39 — paying under fair value for the growth rate. 19 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $217.84 (implying +61% upside).
Moat
ROE 40% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 102% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
D/E 3.73 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Down 38% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Beta 1.43 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return.
Verdict — model-derived comparison
VST leads FRVO by 38.7 points (74.0 to 35.3), its sharpest advantage coming in Rev (grade B+). A contrarian could still prefer FRVO for its stronger D/E (grade A). Note they play different roles — FRVO screens as spec, VST screens as value — so the model rewards different traits for each.
Our AI analyst is busy right now, so this verdict is drawn directly from the pillars, grades and DCF above.
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.
Where FRVO and VST diverge
On the headline score the gap is 38.7 points in favor of VST. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
- GrowthFRVO 15.0 · VST 88.3VST +73.3
- ValueFRVO 40.0 · VST 70.7VST +30.7
- QualityFRVO 73.6 · VST 64.9FRVO +8.7
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.