TXNM Energy Inc (TXNM)

NYSE · Utilities · Utilities - Regulated Electric · USA

TXNM Energy Inc is a mid cap company (market value between $2 billion and $10 billion) in the Utilities - Regulated Electric industry.

TXNM Energy is a holding company that owns two regulated electric utilities, PNM and TNMP, serving residential, commercial, and industrial customers across New Mexico and Texas. These utilities provide generation, transmission, and distribution services subject to cost-of-service regulation and various rate recovery mechanisms.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the TXNM Energy Inc stock.

Our verdict on TXNM

Overvalued: intrinsic value $41.78 per share, market price $58.49, margin of safety -40.0% (as of 2026-10-20).

Discounting its cash flows at 7.7% (average of 2 methods) values the shares at $41.78; the price of $58.49 is 40% above that value.

Leak Score: 40/100 on 10 of 12 signals (On Watch).

ETFs with the most weight in TXNM

17 more funds hold it; the full list is part of the paid plan.

More on TXNM

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20 more in this industry show a wider margin of safety.

Is TXNM undervalued or overvalued?

TXNM is overvalued (as of the 2026-10-20 close). Discounting its cash flows at 7.7% (average of 2 methods) values the shares at $41.78; the price of $58.49 is 40% above that value.

What is the intrinsic value of TXNM?

$41.78 per share (as of the 2026-10-20 close), against a market price of $58.49. That is a margin of safety of -40.0%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What is TXNM Energy Inc's Leak Score?

40 out of 100, which we rate "On Watch", on 10 of 12 value investing signals.