Is NRG Energy Stock Trading at an Attractive Valuation?
Leading merchant power player NRG Energy (NRG) is currently trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) valuation of 10.8x against its five-year historical average valuation of 11x. NRG Energy stock seems to be trading at a marginally discounted valuation compared to its historical average. It is currently trading at a PE (price-to-earnings) multiple of 10.4x.