Tennessee Valley Authority Common Stock (TVC)

FairStock Score: 25/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

TVA is a 1933-vintage power producer headquartered in Knoxville, with a generation mix spanning coal, nuclear, hydro, natural gas, and renewables. Utilities can be steady businesses, but the numbers here do not suggest a high-quality compounder. In fiscal year 2023, the period ended 2023-09-30, the company reported revenue of $12.1 billion and net income of $500.0 million. In fiscal year 2024, the period ended 2024-09-30, net income was $1.1 billion, and in fiscal year 2025, the period ended 2025-09-30, net income was $1.4 billion. Quarterly filings also show improvement: in fiscal Q3 2026, the quarter ended 2026-06-30, net income was $307.0 million versus $212.0 million in fiscal Q3 2025, the quarter ended 2025-06-30. Fiscal Q2 2026, the quarter ended 2026-03-31, had net income of $392.0 million, and fiscal Q1 2026, the quarter ended 2025-12-31, had $266.0 million. However, FairStock's computed Lynch category is Slow Grower, with profit up only 0.1% a year over five years, so the long-term profit trend is far from exciting. The return profile is mediocre. FairStock calculates ROE at 8.45% and ROCE at just 2.80%, while debt-to-equity is 1.29. A 2.80% return on capital is not the kind of economics I want in a utility; it suggests heavy assets and thin spreads. The FairStock score of 25/100 reinforces that. At the close on 2026-10-13, the price was $23.74, near the top of its 52-week range of $23.62-$24.57. P/E, P/B, EPS, dividend yield, and beta are not available in the data. With a reported market cap of only $12.7 million against billions in net income, valuation signals are incomplete and hard to reconcile. Without a margin of safety or clear valuation, I would need much better returns on capital and a long runway of per-share growth before calling this attractive.

In plain English: Tennessee Valley Authority makes electricity using coal, nuclear, hydro, natural gas, and renewables. The business looks weak: it earns low returns, carries a lot of debt, and profit growth has been very slow. The stock is near the top of its 52-week price range, and the available figures do not show it as a clear bargain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q3 2026 10-Q (period ended 2026-06-30) · fiscal Q2 2026 10-Q (period ended 2026-03-31) · fiscal Q1 2026 10-Q (period ended 2025-12-31) · fiscal Q3 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-09-30) · FY2024 10-K (period ended 2024-09-30) · FY2023 10-K (period ended 2023-09-30)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer