Overview Dividends

(SO) Southern - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US8425871071

Electricity, Natural Gas, Renewable Energy, Pipelines, Storage

SO EPS (Earnings per Share)

EPS Growth (3Y CAGR): 93.63%
EPS Trend (3Y Correlation): 52.9%

SO Revenue

Revenue Growth (3Y CAGR): 3.87%
Revenue Trend (3Y Correlation): 53.3%

Risk via 10d forecast
Volatility	17.2%
Value at Risk 5%th	28.2%
Relative Tail Risk	-0.49%

Reward TTM
Sharpe Ratio	0.24
Alpha	2.31

Character TTM
Hurst Exponent	0.420
Beta	0.036
Beta Downside	0.103

Drawdowns 3y
Max DD	15.46%
Mean DD	4.37%
Median DD	3.76%

Description: SO Southern September 25, 2025

The Southern Company (NYSE:SO) is a vertically integrated utility that generates, transmits, and distributes electricity through its subsidiaries, while also operating a natural-gas distribution and pipeline network across Illinois, Georgia, Virginia, and Tennessee.

Its asset base includes ownership of conventional and renewable generation facilities, roughly 78,500 mi of gas pipelines, 14 gas-storage sites, and a growing portfolio of distributed-energy, micro-grid, and digital-infrastructure services such as fiber-optic and wireless communications for commercial, industrial, and governmental customers.

Key recent metrics: FY 2023 adjusted earnings per share (EPS) were $6.31, driven by regulated utility earnings that are relatively insulated from wholesale price volatility; capital expenditures were $7.1 billion, with a stated target to add 3 GW of renewable capacity by 2030. The utility’s performance is highly sensitive to interest-rate trends (affecting cost of capital) and to regional RTO market dynamics, especially in the PJM and SERC interconnections where SO holds a significant generation footprint.

For a deeper, data-driven assessment of SO’s valuation assumptions and scenario analysis, you may find the research tools on ValueRay worth exploring.

SO Stock Overview

Market Cap in USD	100,388m
Sub-Industry	Electric Utilities
IPO / Inception	1981-12-31
Return 12m vs S&P 500	-8.69%
Analyst Rating	3.52 of 5

SO Dividends

Dividend Yield	3.22%
Yield on Cost 5y	5.46%
Yield CAGR 5y	3.01%
Payout Consistency	99.3%
Payout Ratio	69.2%

SO Growth Ratios

CAGR 3y	15.38%
CAGR/Max DD Calmar Ratio	0.99
CAGR/Mean DD Pain Ratio	3.52
Current Volume	4612.5k
Average Volume	5044.9k

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (4.46b TTM) > 0 and > 6% of Revenue (6% = 1.73b TTM)

FCFTA -0.01 (>2.0%) and ΔFCFTA -1.59pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -14.18% (prev -4.26%; Δ -9.92pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.06 (>3.0%) and CFO 9.38b > Net Income 4.46b (YES >=105%, WARN >=100%)

Net Debt (70.40b) to EBITDA (14.02b) ratio: 5.02 <= 3.0 (WARN <= 3.5)

Current Ratio 0.75 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (1.11b) change vs 12m ago 0.63% (target <= -2.0% for YES)

Gross Margin 49.10% (prev 49.83%; Δ -0.73pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 19.46% (prev 18.36%; Δ 1.10pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.76 (EBITDA TTM 14.02b / Interest Expense TTM 3.04b) >= 6 (WARN >= 3)

Altman Z'' 0.72

(A) -0.03 = (Total Current Assets 12.63b - Total Current Liabilities 16.73b) / Total Assets 153.25b

(B) 0.10 = Retained Earnings (Balance) 15.25b / Total Assets 153.25b

(D) 0.18 = Book Value of Equity 20.64b / Total Liabilities 114.97b

Total Rating: 0.72 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 54.07

1. Piotroski 3.0pt = -2.0

2. FCF Yield -1.17% = -0.58

3. FCF Margin -6.91% = -2.59

4. Debt/Equity 2.11 = 0.61

5. Debt/Ebitda 5.02 = -2.50

6. ROIC - WACC (= 2.71)% = 3.39

7. RoE 13.11% = 1.09

8. Rev. Trend 53.33% = 4.00

9. EPS Trend 52.94% = 2.65

What is the price of SO shares?

As of November 17, 2025, the stock is trading at USD 90.69 with a total of 4,612,500 shares traded.
Over the past week, the price has changed by -0.08%, over one month by -7.86%, over three months by -2.33% and over the past year by +5.59%.

Is Southern a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Southern is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 54.07 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SO is around 98.11 USD . This means that SO is currently overvalued and has a potential downside of 8.18%.

Is SO a buy, sell or hold?

Southern has received a consensus analysts rating of 3.52. Therefor, it is recommend to hold SO.

Strong Buy: 5
Buy: 4
Hold: 10
Sell: 1
Strong Sell: 1

What are the forecasts/targets for the SO price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	99.7	9.9%
Analysts Target Price	99.7	9.9%
ValueRay Target Price	104.9	15.6%

SO Fundamental Data Overview November 17, 2025

Market Cap USD = 100.39b (100.39b USD * 1.0 USD.USD)
P/E Trailing = 22.5597
P/E Forward = 19.8413
P/S = 3.4721
P/B = 2.853
P/EG = 4.1343
Beta = 0.44
Revenue TTM = 28.91b USD
EBIT TTM = 8.38b USD
EBITDA TTM = 14.02b USD
Long Term Debt = 64.62b USD (from longTermDebt, last quarter)
Short Term Debt = 7.88b USD (from shortTermDebt, last quarter)
Debt = 73.75b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 70.40b USD (from netDebt column, last quarter)
Enterprise Value = 170.79b USD (100.39b + Debt 73.75b - CCE 3.34b)
Interest Coverage Ratio = 2.76 (Ebit TTM 8.38b / Interest Expense TTM 3.04b)
FCF Yield = -1.17% (FCF TTM -2.00b / Enterprise Value 170.79b)
FCF Margin = -6.91% (FCF TTM -2.00b / Revenue TTM 28.91b)
Net Margin = 15.42% (Net Income TTM 4.46b / Revenue TTM 28.91b)
Gross Margin = 49.10% ((Revenue TTM 28.91b - Cost of Revenue TTM 14.72b) / Revenue TTM)
Gross Margin QoQ = 55.02% (prev 50.05%)
Tobins Q-Ratio = 1.11 (Enterprise Value 170.79b / Total Assets 153.25b)
Interest Expense / Debt = 1.02% (Interest Expense 755.0m / Debt 73.75b)
Taxrate = 18.95% (400.0m / 2.11b)
NOPAT = 6.80b (EBIT 8.38b * (1 - 18.95%))
Current Ratio = 0.75 (Total Current Assets 12.63b / Total Current Liabilities 16.73b)
Debt / Equity = 2.11 (Debt 73.75b / totalStockholderEquity, last quarter 35.00b)
Debt / EBITDA = 5.02 (Net Debt 70.40b / EBITDA 14.02b)
Debt / FCF = -35.24 (negative FCF - burning cash) (Net Debt 70.40b / FCF TTM -2.00b)
Total Stockholder Equity = 34.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.91% (Net Income 4.46b / Total Assets 153.25b)
RoE = 13.11% (Net Income TTM 4.46b / Total Stockholder Equity 34.02b)
RoCE = 8.50% (EBIT 8.38b / Capital Employed (Equity 34.02b + L.T.Debt 64.62b))
RoIC = 6.61% (NOPAT 6.80b / Invested Capital 102.79b)
WACC = 3.90% (E(100.39b)/V(174.13b) * Re(6.15%) + D(73.75b)/V(174.13b) * Rd(1.02%) * (1-Tc(0.19)))
Discount Rate = 6.15% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 0.52%
Fair Price DCF = unknown (Cash Flow -2.00b)
EPS Correlation: 52.94 | EPS CAGR: 93.63% | SUE: 0.76 | # QB: 0
Revenue Correlation: 53.33 | Revenue CAGR: 3.87% | SUE: -0.11 | # QB: 0

Additional Sources for SO Stock

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