2 models fit Chesapeake Utilities Corporation Common Stock and they agree: 2 of 2 land within 15% of the average. The price is above every model.
Two or more of our models back this value.
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Valued as a utility: P/E comparison and EV/EBITDA comparison.
ACCE opinionChesapeake Utilities Corporation Common Stock (CPK)
Fair value (2 models)
$119
ACCE price target
$132
Rating
Overvalued
Horizon
12 months
Fair value published on 14 Oct 2026, 00:00 CEST; previously $112 since 6 Oct 2026, 00:00 CEST.
ACCE price target published on 11 Oct 2026, 00:00 CEST.
Rating published on 18 Oct 2026, 15:05 CEST.
Price used: $134 at the close on 23 Oct 2026, 22:00 CEST.
Models: EV/EBITDA comparison and P/E comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
13.3% above
-11.7% to fair value
ACCE score
56
out of 100
Analysts
57% buy
7 covering
P/E
21.4x
forward 18.3x
1-year return
+3.1%
Dividend yield
2.19%
Chesapeake Utilities Corporation Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
Chesapeake Utilities runs regulated natural gas distribution in Delaware, Maryland and Florida, alongside propane distribution, electric distribution in Florida and a pipeline and storage business. The regulated gas utilities give it a rate-base franchise where returns are set by public service commissions, and the Florida and Delmarva territories are growing with new residential and commercial hookups. Revenue growth of 4.7% is modest, but a forward P/E of 17.9 against a trailing 20.7 implies earnings expected to rise, which is the number to test first. ROE of 9.5% is ordinary for a utility, so the case rests on rate-base growth and capex execution rather than on margin expansion. At a 3.3B market cap with no index membership, the name sits outside much passive ownership, so a deeper look should centre on whether regulatory outcomes in its three jurisdictions keep pace with its capital plan.