Verdict: Side-by-side breakdown using the Bull Rankings model. NJR scored 65.0, VST scored 49.2 — NJR leads.
Compare another set
NJR
New Jersey Resources Corporation
Utilities - Regulated Gas · Quality-Growth
65
$51.21 · $5.2B
fundamentals as of
Score gap
15.8
NJR leads
VST
Vistra Corp.
Utilities - Independent Power Producers · Quality-Growth
49.2
$161.48 · $54.2B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
CheapestNJR14.2x
Fastest growthNJR+7.0%
Strongest balance sheetNJR1.47
Highest qualityNJR76 / 100
Largest discount to fair valueNJR-9%
Side by side · every name on one set of axes
Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.
The model, pillar by pillar (0–100 each)
NJR
stronger →← stronger
VST
76
Qualityreturns · margins · balance sheet
64
56
Growthrevenue & earnings expansion
64
64
Valuevaluation vs sector peers
29
NJR is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
NJR
VST
$359mC
FCF
$2.3bB
+7.0%C+
Rev
+3.8%C+
1.47B
D/E
3.73D
14.2xA-
P/E
27.2xC
2.14C
PEG
0.43A
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
NJR
VST
9% below
Price vs fair valuelower is cheaper
88% above
~3%/yr
Growth the price impliesyr-1 FCF growth, fading to 4% · lower = less priced in
~23%/yr
+6%
1-yr DCF upside
-50%
+10%
5-yr DCF upside
-47%
+17%
10-yr DCF upside
-42%
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
VST
No notable signals flagged.
The companies
NJRNew Jersey Resources Corporation
Utilities - Regulated Gas · $51.21 · beta 0.50
Why now
Utilities - Regulated Gas · market cap $5.2b. 16% off the 52-week high of $60.86. 7 sell-side analysts publish a mean 1-yr target of $59.86 (implying +17% upside).
Moat
Net margin 24% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 14% meets the long-run market sustainable threshold — solid but not differentiated; the durability comes from elsewhere. FCF converts 98% of net income — earnings translate cleanly into cash.
Risk
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.
VSTVistra Corp.
Utilities - Independent Power Producers · $161.48 · beta 1.38
Why now
Utilities - Independent Power Producers · market cap $54.2b. Down 26% from 52-week high of $217.10 — deep drawdown territory. PEG 0.43 — paying under fair value for the growth rate. 20 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $210.25 (implying +30% 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. $54.2b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
D/E 3.73 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer.
Verdict — model-derived comparison
The model favors VST (64.9) over NJR (61.3), primarily driven by VST's significantly higher Growth pillar score of 64 compared to NJR's 48. However, a contrarian might prefer NJR, which trades at a substantial -45% discount to our DCF fair value, implying just -8% annual growth, versus VST's 64% premium and 20% implied growth, though VST's D/E grade of D warrants caution.
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 NJR and VST diverge
On the headline score the gap is 15.8 points in favor of NJR. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
ValueNJR 64.2 · VST 29.0NJR +35.2
QualityNJR 76.4 · VST 64.2NJR +12.2
GrowthNJR 56.1 · VST 64.0VST +7.9
Pillars run 0–100. Value is judged against each company's own sector, so a Value 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.
Common questions
Is NJR or VST the better stock?
NJR scores higher: NJR 65.0, VST 49.2 out of 100 on the Bull Rankings quality-growth score, which blends business quality, growth and valuation into one number. A higher score means a stronger business at a more reasonable price — it is not a price target or a recommendation.
Where do NJR and VST differ most?
The widest gap is value, where NJR leads by 35 points on the 0–100 pillar scale. Neither name sweeps: they trade the lead across the three pillars, so the comparison is a trade-off rather than one being better on every measure.
How are NJR and VST scored?
Each carries the same 0–100 quality-growth score used everywhere on the site, built from three pillars — quality (profitability and returns on capital), growth (revenue and earnings), and value (what you pay for them) — combined as a geometric mean, so a weak pillar cannot be papered over by a strong one.
How current is this comparison?
The whole universe is re-scored every trading day after the US market close, so the scores and fundamentals here reflect the latest published edition.