COMPARE · Reviewed July 9, 2026
NJR vs SBS
Verdict: Side-by-side breakdown using the Bull Rankings model. NJR scored 67.6, SBS scored 63.9 — NJR leads.
Compare another set
NJR
New Jersey Resources Corporation
67.6
$57.88 · $5.8B
Score gap
3.7
NJR leads
SBS
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
63.9
$5.84 · $20.5B
The model, pillar by pillar (0–100 each)
NJR
stronger →← stronger
SBS
75
Qualityreturns · margins · balance sheet
54
64
Growthrevenue & earnings expansion
90
64
Valuevaluation vs sector peers
74
SBS is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
NJR
SBS
$342mC
FCF
-$1.8bF
+9.9%B
Rev
+41.3%A
1.42B
D/E
1.18B+
17.2xA-
P/E
—
2.17C
PEG
0.47A
—
P/S
2.6xB
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
NJR
SBS
21% below
Price vs fair valuelower is cheaper
—
+33%
1-yr DCF upside
—
+26%
5-yr DCF upside
—
+16%
10-yr DCF upside
—
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
NJR
Why this score
- Raising its dividend
SBS
Why this score
- Raising its dividend
- Diluting shareholders
- Short track record
- Foreign reporter (BRL)
The companies
NJRNew Jersey Resources Corporation
Why now
Utilities - Regulated Gas · market cap $5.8b. Trading near 52-week high of $58.57 — momentum setup, limited technical margin of safety. 7 sell-side analysts rate this a Buy with a mean 1-yr target of $60.14 (implying +4% 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 1% 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.
SBSCompanhia de Saneamento Básico do Estado de São Paulo - SABESP
Why now
Utilities - Regulated Water · market cap $20.5b. 18% off the 52-week high of $7.16. Revenue growing +41% — in hypergrowth territory. PEG 0.47 — paying under fair value for the growth rate. 5 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $6.84 (implying +17% upside).
Moat
Net margin 27% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 26% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which.
Risk
Free cash flow is negative (-$1.8b) — capital raises or debt issuance likely required; dilution / leverage risk.
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.