OTTR
Otter Tail Corporation
OTTR has lower modeled downside risk, despite its lower overall score.
SMR
NuScale Power Corporation
SMR has the edge over OTTR overall, supported by stronger valuation and stronger modeled upside.
OTTR Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Weak | |
| Under pressure |
OTTR's revenue and profitability are currently stable, but its cash flow and balance sheet are under pressure.
SMR Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Weak | |
| Unavailable |
SMR's revenue, profitability and cash flow are currently weak. There isn't enough data to rate its balance sheet.
OTTR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $45.87 | -39% |
| Fair | 13x | $53.98 | -28% |
| Forward | 14x | $75.30 | — |
| Current | 18x | $75.30 | — |
| Expensive | 19x | $80.79 | +7.3% |
Historical ranges are pointers, not guarantees.
OTTR's PE is in its expensive range at 18x. On analysts' estimates for next year's earnings, today's price would be 14x, in its fair range.
SMR PE Valuation
SMR has no meaningful PE right now: it lost money over the past year.
OTTR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Decline | |
| Stable | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect OTTR's earnings and profitability to decline, with its revenue holding steady.
SMR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| High |
Analysts expect SMR's losses to shrink, with revenue growing.
OTTR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.38 | +29% |
| Q3 2026 | $4.18 | -37% |
| Q2 2026 | $4.63 | -32% |
| Q1 2026 | $6.66 | -5.1% |
| Q4 2025 | $6.55 | -8.6% |
| Q3 2025 | $6.63 | -8.4% |
| Q2 2025 | $6.80 | -8.1% |
| Q1 2025 | $7.02 | -3.6% |
| Q4 2024 | $7.17 | +2.4% |
OTTR has the edge over SMR on earnings quality, reporting a profit while its opponent remains loss making.
SMR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.72 | +$2.14 |
| Q2 2026 | -$2.46 | -$1.27 |
| Q1 2026 | -$2.46 | -$1.09 |
| Q4 2025 | -$2.43 | -$0.96 |
| Q3 2025 | -$2.86 | -$1.91 |
| Q2 2025 | -$1.19 | -$0.16 |
| Q1 2025 | -$1.37 | -$0.52 |
| Q4 2024 | -$1.47 | -$0.67 |
SMR is still losing money, but far less than before: $0.72 per share over the past year, against $2.86 at its worst in late 2025.
OTTR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $317.2M | -2.7% |
| Q2 2026 | $334.7M | +0.7% |
| Q1 2026 | $342.9M | +1.6% |
| Q4 2025 | $304M | +0.3% |
| Q3 2025 | $325.9M | -3.4% |
| Q2 2025 | $332.4M | -2.9% |
| Q1 2025 | $337.3M | -2.9% |
| Q4 2024 | $302.9M | -4.9% |
OTTR's revenue fell from its 2022 peak and has held roughly level since: $317M last quarter, down 2.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 22% | -7.9 points |
| Q2 2026 | -7.2% | -37 points |
| Q1 2026 | 25% | 0 points |
| Q4 2025 | 22% | +0.2 points |
| Q3 2025 | 30% | -2.2 points |
| Q2 2025 | 29% | -3.1 points |
| Q1 2025 | 25% | -2.5 points |
| Q4 2024 | 22% | +0.1 points |
OTTR has the edge over SMR on profitability, with a higher operating margin.
SMR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $281K | -97% |
| Q2 2026 | $75K | -99% |
| Q1 2026 | $565K | -96% |
| Q4 2025 | $1.8M | -95% |
| Q3 2025 | $8.2M | +1635% |
| Q2 2025 | $8.1M | +733% |
| Q1 2025 | $13.4M | +870% |
| Q4 2024 | $34.2M | +651% |
SMR has the edge over OTTR on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -23068% | -16535 points |
| Q2 2026 | -85337% | -84802 points |
| Q1 2026 | -10181% | -9917 points |
| Q4 2025 | -4022% | -3988 points |
| Q3 2025 | -6533% | +2103 points |
| Q2 2025 | -535% | +3796 points |
| Q1 2025 | -264% | +2925 points |
| Q4 2024 | -35% | +1524 points |
SMR's operating margin was −23068% last quarter, down 16535 points from the same quarter a year ago, near the bottom of its range since 2022.
OTTR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.6M | -104% |
| Q2 2026 | -$27.4M | -151% |
| Q1 2026 | -$114.7M | -$96.1M |
| Q4 2025 | $22.3M | -28% |
| Q3 2025 | $40.5M | +168% |
| Q2 2025 | $53.7M | +7.2% |
| Q1 2025 | -$18.5M | -$16.4M |
| Q4 2024 | $31.1M | +8.1% |
SMR has the stronger cash trend. Its trailing FCF is down 161% versus its history, compared with OTTR at down 288%.
SMR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$58.6M | -$25.3M |
| Q1 2026 | -$316.2M | -$293.3M |
| Q4 2025 | -$204.1M | -$177.6M |
| Q2 2025 | -$33.3M | +$2.7M |
| Q1 2025 | -$22.9M | +$10.6M |
| Q4 2024 | -$26.5M | +$46.8M |
| Q3 2024 | -$12.7M | +$15M |
| Q2 2024 | -$36M | +$4.5M |
SMR has burned cash in almost every quarter: −$608M over the past year, against −$95M the year before.
OTTR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +213K shares |
| 1 year | +0.1% | +30K shares |
| 3 years | +0.3% | +110K shares |
| 5 years | +0.7% | +299K shares |
| Available history | +5.5% | +2.2M shares |
OTTR has the edge over SMR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2021 | $126,000 |
| Q2 2021 | — |
| Q1 2021 | $1.5M |
SMR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +45.9M shares |
| 1 year | +178% | +263M shares |
| 3 years | +448% | +336M shares |
SMR has 410M diluted shares, up 178% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
OTTR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.9x | Moderate |
| Q2 2026 | 2.6x | Moderate |
| Q1 2026 | 1.7x | Healthy |
| Q4 2025 | 1.4x | Healthy |
| Q3 2025 | 1.6x | Healthy |
| Q2 2025 | 1.6x | Healthy |
| Q1 2025 | 1.6x | Healthy |
| Q4 2024 | 1.5x | Healthy |
OTTR's net debt is about 2.9 years of its operating earnings (EBITDA), up from 1.6 years a year ago.
SMR Net Leverage
SMR's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
OTTR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.2 | Neutral |
| Stochastic | 20.7 | Neutral |
OTTR's weekly RSI is 30 (neutral) and its Stochastic is 21 (neutral).
SMR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.5 | Oversold |
| Stochastic | 8.6 | Oversold |
SMR's weekly RSI is 30 (oversold) and its Stochastic is 9 (oversold).
OTTR PE vs Utilities Sector
| Metric | OTTR | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 20x | 12% below |
| PE % | 73 | 44 | 29 pts above |
OTTR is trading at 18x earnings, a 12% discount to the Utilities sector's median of 20x.
SMR PE vs Utilities Sector
SMR has no meaningful PE right now: it lost money over the past year.
OTTR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $86.3 | 13% below |
| 20 week MA | $88.9 | 15% below |
| 50 week MA | $87.7 | 14% below |
| 100 week MA | $83.4 | 9.7% below |
| 200 week MA | $82.0 | 8.2% below |
OTTR is in a downtrend: it's below all five of its weekly moving averages, and 8.2% below its 200-week average.
SMR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.26 | 23% below |
| 20 week MA | $7.88 | 39% below |
| 50 week MA | $11.4 | 58% below |
| 100 week MA | $20.2 | 76% below |
| 200 week MA | $14.4 | 67% below |
SMR is in a downtrend: it's below all five of its weekly moving averages, and 67% below its 200-week average.
OTTR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $51.2 | $42.2 | -18% |
| 2021 | $42.2 | $68.9 | +63% |
| 2022 | $68.9 | $58.2 | -15% |
| 2023 | $58.2 | $85.0 | +46% |
| 2024 | $85.0 | $74.8 | -12% |
| 2025 | $74.8 | $82.4 | +10% |
| 2026 YTD | $82.4 | $75.3 | -8.7% |
OTTR has the edge over SMR on returns for 2026, with the stronger performance.
SMR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.1 | $10.3 | +1.2% |
| 2021 | $10.3 | $10.1 | -1.9% |
| 2022 | $10.1 | $10.1 | +0.5% |
| 2023 | $10.1 | $3.29 | -67% |
| 2024 | $3.29 | $19.5 | +493% |
| 2025 | $19.5 | $14.9 | -24% |
| 2026 YTD | $14.9 | $4.82 | -68% |
SMR's yearly returns have swung widely, from +493% in 2024 to −67% in 2023. It's down 68% so far in 2026.