SMR
NuScale Power Corporation
SMR's outlook is improving, though it still trails on the overall score.
UGI
UGI Corporation
UGI has the edge over SMR overall, supported by stronger fundamentals and lower modeled downside.
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.
UGI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Under pressure | |
| Under pressure |
UGI's profitability is currently strong, and its revenue is stable, but its cash flow and balance sheet are under pressure.
SMR PE Valuation
SMR has no meaningful PE right now: it lost money over the past year.
UGI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.4x | $21.93 | -41% |
| Forward | 9.8x | $37.47 | — |
| Fair | 13x | $38.08 | +1.6% |
| Current | 13x | $37.47 | — |
| Expensive | 18x | $52.54 | +40% |
Historical ranges are pointers, not guarantees.
UGI's PE is in its fair range at 13x. If earnings grow as analysts expect, today's price would be 9.8x next year's earnings, in its cheap range.
SMR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| High |
Analysts expect SMR's losses to shrink, with revenue growing.
UGI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect UGI's earnings to grow and its profitability to improve, with its revenue holding steady.
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.
UGI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.82 | +29% |
| Q2 2026 | $2.97 | +55% |
| Q1 2026 | $2.83 | +16% |
| Q4 2025 | $2.69 | +5.5% |
| Q3 2025 | $3.09 | +147% |
| Q2 2025 | $1.91 | -39% |
| Q1 2025 | $2.44 | +$2.83 |
| Q4 2024 | $2.55 | +$4.73 |
| Q3 2024 | $1.25 | +$8.41 |
UGI has the edge over SMR on earnings quality, reporting a profit while its opponent remains loss making.
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 UGI on sales, with stronger typical year-over-year growth.
| 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.
UGI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.3B | -4.5% |
| Q1 2026 | $2.7B | +0.7% |
| Q4 2025 | $2.1B | +2.6% |
| Q3 2025 | $1.2B | -3.6% |
| Q2 2025 | $1.4B | +1% |
| Q1 2025 | $2.7B | +8.1% |
| Q4 2024 | $2B | -4.3% |
| Q3 2024 | $1.2B | -12% |
UGI's revenue fell from its 2022 peak and has held roughly level since: $1.3B last quarter, down 4.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -3.3% | +3.4 points |
| Q1 2026 | 28% | +2 points |
| Q4 2025 | 22% | -2.2 points |
| Q3 2025 | 1.1% | +21 points |
| Q2 2025 | -6.7% | -12 points |
| Q1 2025 | 26% | -2.8 points |
| Q4 2024 | 24% | +13 points |
| Q3 2024 | -20% | -37 points |
UGI has the edge over SMR on profitability, with a higher operating margin.
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 |
UGI has the stronger cash trend. Its trailing FCF is down 47% versus its history, compared with SMR at down 161%.
UGI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $16M | -76% |
| Q1 2026 | $494M | -8.2% |
| Q4 2025 | -$155M | -$108M |
| Q3 2025 | -$168M | -$53M |
| Q2 2025 | $67M | -64% |
| Q1 2025 | $538M | +52% |
| Q4 2024 | -$47M | -$10M |
| Q3 2024 | -$115M | -$61M |
UGI still generates free cash flow, though less than at its 2022 peak: $187M over the past year.
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 | — |
UGI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3.6% | -8M shares |
| 1 year | -0.1% | -123K shares |
| 3 years | +2.4% | +5M shares |
| 5 years | +1.8% | +3.8M shares |
| Available history | +13% | +24.8M shares |
UGI has the edge over SMR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | $11M |
| Q4 2025 | $12M |
| Q3 2025 | $16M |
| Q2 2025 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
UGI spent $39M buying back its own shares over the past year.
SMR Net Leverage
SMR's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
UGI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.6x | Elevated |
| Q1 2026 | 3.7x | Elevated |
| Q4 2025 | 4.0x | Elevated |
| Q3 2025 | 3.8x | Elevated |
| Q2 2025 | 4.5x | High |
| Q1 2025 | 4.0x | Elevated |
| Q4 2024 | 4.2x | High |
| Q3 2024 | 4.9x | High |
UGI's net debt is about 3.6 years of its operating earnings (EBITDA), down from 4.5 years a year ago.
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).
UGI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.5 | Neutral |
| Stochastic | 64.8 | Neutral |
UGI's weekly RSI is 52 (neutral) and its Stochastic is 65 (neutral).
SMR PE vs Utilities Sector
SMR has no meaningful PE right now: it lost money over the past year.
UGI PE vs Utilities Sector
| Metric | UGI | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 20x | 38% below |
| PE % | 47 | 44 | 3 pts above |
UGI is trading at 13x earnings, a 38% discount to the Utilities sector's median of 20x.
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.
UGI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $37.6 | 0.4% below |
| 20 week MA | $37.0 | 1.2% above |
| 50 week MA | $36.8 | 1.8% above |
| 100 week MA | $35.2 | 6.4% above |
| 200 week MA | $30.8 | 22% above |
UGI has the edge over SMR on trend strength, trading above more of its moving averages.
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.
UGI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $44.7 | $35.0 | -22% |
| 2021 | $35.0 | $45.5 | +30% |
| 2022 | $45.5 | $37.3 | -18% |
| 2023 | $37.3 | $24.6 | -34% |
| 2024 | $24.6 | $28.0 | +14% |
| 2025 | $28.0 | $38.1 | +36% |
| 2026 YTD | $38.1 | $37.5 | -1.7% |
UGI has the edge over SMR on returns for 2026, with the stronger performance.