Dominion Energy Inc vs Southern Company

Dominion Energy Inc (D) is overvalued and Southern Company (SO) is slightly undervalued.

Against our estimates of intrinsic value, SO trades at the wider discount: a margin of safety of +9%, against -158% for D.

Values as of the 22 Sept 2026 close.

Dominion Energy Inc (D)

Discounting its cash flows at 7.4% (average of 2 methods) values the shares at $24.23; the price of $62.43 is 158% above that value.

Leak Score 27/100 on 10 of 12 signals

Southern Company (SO)

Discounting its cash flows at 6.8% (average of 2 methods) values the shares at $93.38; the price of $85.15 is 9% below that value.

Leak Score 37/100 on 10 of 12 signals

MetricDSO
VerdictOvervaluedSlightly undervalued
Price$62.43$85.15
Intrinsic value$24.23$93.38
Margin of safety-158%+9%
Leak Score27/100 (10/12)37/100 (10/12)
Market cap$54.9B$98.0B
Revenue growth, 5 years3.4%7.9%
Operating margin27.5%24.2%
Net margin13.4%15.4%
Return on equity9.1%12.7%
Debt to equity1.851.95
P/E21.7x20.6x
Forward P/E16.4x17.3x
P/B2.0x2.5x
Dividend yield4.3%3.6%

All stocks in Utilities - Regulated Electric