Nstar Electric Co. (NSARP) intrinsic value & 10-year financials

Nstar Electric Co. (NSARP) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 4 fiscal years revenue shrank 1.5% a year to $2.5B, with an average return on invested capital of 7.4%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$66.00
Revenue (FY2011)
$2.5B
Revenue growth (4-yr CAGR)
-1.5%
ROIC (10-yr avg)
7.4%
Free cash flow (FY2011)
$339.9M

NSARP 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2011 $2.5B $252.5M — $339.9M 19.6% 7.6%
FY2010 $2.5B $248.6M — $247.4M 19.5% 7.1%
FY2009 $2.6B $240.7M — $204.0M 18.2% —
FY2008 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

NSTAR ELECTRIC CO revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

NSTAR ELECTRIC CO has historically struggled to out-earn its cost of capital, averaging just 7.4% ROIC.

NSTAR ELECTRIC CO capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, NSTAR ELECTRIC CO is modeled at -1.5% normalized earnings growth with a 5.1% bond-yield adjustment.

NSARP stock: frequently asked questions

Does Nstar Electric Co. generate free cash flow?

Nstar Electric Co. generated $339.9M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2011. Free cash flow was positive in 3 of the last 3 reported years.

What is NSARP's return on invested capital?

Average ROIC over the last 4 fiscal years was 7.4%, and average return on equity was 11.5%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this NSARP data come from?

From Nstar Electric Co.'s annual 10-K filings on SEC EDGAR. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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