(TXNM) TXNM Energy - Ratings and Ratios

TXNM Energy, Inc. (NYSE:TXNM), a holding company with roots dating back to 1882, operates two primary subsidiaries: Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). These subsidiaries are the backbone of its operations, providing essential electricity services across New Mexico and Texas.

The PNM segment is the power generation, transmission, and distribution arm, utilizing a diverse mix of energy sources including coal, natural gas, oil, nuclear fuel, and renewable sources like solar, wind, and geothermal. This segment also manages a range of infrastructure, from communication systems to real estate, underscoring its comprehensive approach to energy delivery.

Texas-New Mexico Power Company (TNMP) focuses on the regulated transmission and distribution of electricity, ensuring reliable power delivery to its service areas. The company serves a broad customer base, including residential, commercial, and industrial users, highlighting its integral role in the regional economy.

Financially, TXNM Energy presents a notable market capitalization of $3.825 billion, with a trailing P/E of 47.0 and a forward P/E of 14.5, indicating expectations of future earnings growth. The price-to-book ratio of 1.59 and price-to-sales ratio of 2.08 provide further insight into its valuation metrics, crucial for investors assessing the stocks attractiveness.