Factor Report

Data as of market close on 11/27/2020.

Validea's factor report analyzes any stock using the major investing factors, including value, quality, momentum, and low volatility.
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PNM RESOURCES INC (PNM)

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Latest Close: $49.09 Market Cap ($ mil): $3,910 Sector: Utilities Industry: Electric Utilities 52 Week High: $56.14 52 Week Low: $27.08 Relative Strength: 54 Twelve Minus One Return: 2.5% Standard Deviation: 33.2%
PE Ratio: 20.0 Price/Sales: 2.6 Price/Book: 2.2 Price/Cash Flow: 7.5 EV/EBITDA: 11.63 Yield: 2.51% Shareholder Yield: 2.51% F Score: 5 G Score: 6
Return on Equity: 11.4% Return on Assets: 2.8% Return on Tangible Capital: 40.1% Return on Invested Capital: 6.1% WACC: 3.8% Debt/Equity: 1.96 LT EPS Growth: 21.1% LT Sales Growth: 1.0% Beta: 0.50
PNM Resources, Inc. (PNMR) is an investor-owned holding company with approximately two regulated utilities providing electricity and electric services in New Mexico and Texas. PNMR's electric utilities are Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). It operates in three segments: PNM, TNMP, and Corporate and Other. The Company, through its Website provides information, including news releases, notices of Webcasts, and filings. PNM is an electric utility that provides electric generation, transmission and distribution service to its rate-regulated customers. TNMP is a regulated utility operating in Texas. TNMP provides transmission and distribution services in Texas under the provisions of Texas Electric Choice Act (TECA) and the Texas Public Utility Regulatory Act. The Corporate and Other segment includes PNMR holding company activities, related to corporate level debt and PNMR Services Company.

Factor Profile

PNM's exposure to the major factors (100 is highest).

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Optimal portfolios presented on Validea.com represent the rebalancing period that has led to the best historical performance for each of our equity models. Each optimal portfolio was determined after the fact with performance information that was not available at portfolio inception. As a result, an investor could not have invested in the optimal portfolio since its inception. Optimal portfolios are presented to allow investors to quickly determine the portfolio size and rebalancing period that has performed best for each of our models in our historical testing.

Both the model portfolio and benchmark returns presented for all equity portfolios on Validea.com are not inclusive of dividends. Returns for our ETF portfolios and trend following system, and the benchmarks they are compared to, are inclusive of dividends. The S&P 500 is presented as a benchmark because it is the most widely followed benchmark of the overall US market and is most often used by investors for return comparison purposes. As with any investment strategy, there is potential for profit as well as the possibility of loss and investors may incur a loss despite a past history of gains. Past performance does not guarantee future results. Results will vary with economic and market conditions.