SafetyMargin.ioSafetyMargin.io
BlogWatchlistCompare
Compare Stocks › ES vs GOOGL

Eversource Energy (ES) vs Alphabet Inc. (GOOGL): Which Is the Better Buy in 2026?

As of 2026-09-17, ES is overvalued at $68, with a DCF intrinsic value of $11 and a margin of safety of -500%. GOOGL is overvalued at $348, with an intrinsic value of $102 and a margin of safety of -242%. Of the two, GOOGL has the wider margin of safety.

ES
Eversource Energy
$68.18
VS
GOOGL
Alphabet Inc.
$347.92

Rewards

ES
    GOOGL
    • ★Alphabet Inc. has maintained ROIC above 15% for 4 consecutive years, indicating a durable competitive advantage.
    • ★Gross margin of 60.9% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
    • ★Alphabet Inc. scores 89/100 on the Economic Moat Score (Wide Moat), with roic consistency as the strongest competitive dimension.

    Risks

    ES
    • ⚠PEG ratio of 2.34 indicates the stock is expensive relative to its expected growth — the market may be pricing in more growth than analysts project.
    • ⚠High leverage (1.70x net debt/equity) combined with thin interest coverage (-1.0x) poses financial risk.
    • ⚠Net debt/EBITDA of 5.7x indicates heavy leverage — it would take over 4 years of EBITDA to pay off net debt.
    GOOGL
    • ⚠FCF yield of 1.7% is below 3%, meaning the market is pricing in substantial future growth to justify the current price.

    Key Valuation Metrics

    Learn more →
    ES
    GOOGL
    Valuation
    $811.96M
    Free Cash Flow
    $73.27B
    3.16%
    FCF Yield
    1.72%
    17.71
    Trailing P/E
    17.47
    13.87
    Forward P/E
    23.42
    Quality & Moat
    5.71%
    ROIC
    15.75%
    9.02%
    ROE
    48.68%
    52.75%
    Gross Margin
    60.90%
    2.34
    PEG Ratio
    1.25
    Balance Sheet Safety
    1.70
    Net Debt / Equity
    Net cash
    N/A
    Interest Coverage
    N/A
    5.67
    Net Debt / EBITDA
    -0.70
    4.64%
    Dividend Yield
    0.26%
    ES: 3Ties: 2GOOGL: 7
    ESGOOGL

    Historical Fundamentals

    Learn more →
    ES

    Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.

    GOOGL

    Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.

    Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.

    $1 Retained Earnings Test

    Learn more →
    ES
    N/A
    Net losses over 3 years — test not applicable
    Company had negative cumulative retained earnings
    Σ Retained
    $-974.3M
    Δ Market Cap
    $-3.94B
    Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
    > $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
    GOOGL
    $9.18
    created per $1 retained over 3 years
    Exceptional Value Creator
    Σ Retained
    $288.67B
    Δ Market Cap
    +$2.65T
    Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
    > $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

    Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
    > $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

    Discounted Cash Flow (DCF) Analysis

    Learn more →
    ES
    500.5% Overvalued
    Price is 500.5% above estimated fair value
    Current Price: $68.18
    Fair Value: $11.35
    Strongly undervalued
    Undervalued
    Fairly valued
    Overvalued
    Strongly overvalued
    GOOGL
    242.2% Overvalued
    Price is 242.2% above estimated fair value
    Current Price: $347.92
    Fair Value: $101.66
    Strongly undervalued
    Undervalued
    Fairly valued
    Overvalued
    Strongly overvalued

    Reverse DCF — Market-Implied Growth

    Learn more →
    ES

    What growth rate is the market pricing in at $68?

    +14.0%
    Market-Implied Owner Earnings Growth
    Standard FCF implies +24.1%

    The market implies +14.0% Owner Earnings growth, above historical trends.

    Standard FCF implies a demanding +24.1%, reflecting heavy growth investment.

    GOOGL

    What growth rate is the market pricing in at $348?

    +21.9%
    Market-Implied FCF Growth Rate

    Market pricing in significantly higher growth than history — aggressive.

    Economic Moat Score

    Learn more →
    ES
    40/100
    Narrow Moat
    70+ Wide · 40-69 Narrow · <40 None

    Narrow moat with margin stability as the key competitive advantage. Improving reinvestment efficiency would strengthen the moat.

    Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 5 years of fundamental data.
    GOOGL
    89/100
    Wide Moat
    70+ Wide · 40-69 Narrow · <40 None

    Wide moat driven primarily by roic consistency. Reinvestment Efficiency is the area most vulnerable to competitive pressure.

    Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.

    Forensic Accounting

    Learn more →
    ES
    -2.62
    Unlikely Manipulator
    Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
    Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
    GOOGL
    -2.92
    Unlikely Manipulator
    Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

    M-Score Trend

    Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

    Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

    Ownership Breakdown

    Learn more →
    ES
    Insiders 0.2%Institutions 88.2%Retail & Other 11.6%
    No. of Institutional Holders1,524
    High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
    GOOGL
    Insiders 1.6%Institutions 81.0%Retail & Other 17.4%
    No. of Institutional Holders7,484
    High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.

    High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.

    Insider Buying Activity

    Learn more →
    ES
    0
    Buys (3M)
    1
    Buys (12M)
    Total value (12M): $49,864
    MUDGE WARREN ROBERT
    Trustee
    $49,864
    @ $66.49 · 2026-05-08
    KEANE LORETTA D.
    Trustee
    $249,739
    @ $66.07 · 2025-08-22
    Open market purchases · includes direct & indirect ownership · excludes option exercises
    GOOGL
    0
    Buys (3M)
    0
    Buys (12M)
    No open market insider purchases found.
    Open market purchases · includes direct & indirect ownership · excludes option exercises

    Open market purchases · includes direct & indirect ownership · excludes option exercises.

    Insider Selling Activity

    Learn more →
    ES
    1
    Sells (3M)
    9
    Sells (12M)
    Total value (12M): $2.62M
    CONNER PENELOPE M
    Officer
    $213,900
    @ $71.30 · 2026-08-25
    BUTLER GREGORY B
    General Counsel
    $489,160
    @ $69.88 · 2026-06-04
    CONNER PENELOPE M
    Officer
    $105,000
    @ $75.00 · 2026-03-04
    CLEVELAND COTTON MATHER
    Trustee
    $193,239
    @ $74.87 · 2026-02-24
    MOREIRA JOHN M.
    Chief Financial Officer
    $576,420
    @ $73.90 · 2026-02-19
    FORRY LINDA DORCENA
    Trustee
    $188,559
    @ $73.06 · 2026-02-18
    WILLIAMS FREDERICA M
    Trustee
    $189,239
    @ $73.32 · 2026-02-17
    BUTLER GREGORY B
    General Counsel
    $365,400
    @ $73.08 · 2025-11-12
    HUNT JAMES W III
    Officer
    $300,489
    @ $72.78 · 2025-11-07
    CONNER PENELOPE M
    Officer
    $238,212
    @ $64.38 · 2025-08-29
    CONNER PENELOPE M
    Officer
    $166,400
    @ $64.00 · 2025-05-20
    BUTLER GREGORY B
    General Counsel
    $752,148
    @ $62.68 · 2025-02-28
    CLEVELAND COTTON MATHER
    Trustee
    $492,062
    @ $63.50 · 2025-02-26
    CONNER PENELOPE M
    Officer
    $63,630
    @ $63.63 · 2025-02-26
    BUTH JAY S
    Officer
    $61,735
    @ $62.99 · 2025-02-21
    FORRY LINDA DORCENA
    Trustee
    $63,050
    @ $63.05 · 2025-02-20
    WILLIAMS FREDERICA M
    Trustee
    $192,508
    @ $62.26 · 2025-02-19
    FORRY LINDA DORCENA
    Trustee
    $127,110
    @ $60.76 · 2025-02-18
    Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
    GOOGL
    0
    Sells (3M)
    0
    Sells (12M)
    No open market insider sales found.
    Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives

    Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.

    🎭 Mr. Market's Mood

    Learn more →
    ES
    FearGreed
    😐Neutral(49/100)

    "Market is pricing this stock without strong emotion in either direction"

    Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
    GOOGL
    FearGreed
    😐Neutral(58/100)

    "Market is pricing this stock without strong emotion in either direction"

    Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

    Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

    ⚖️ Buffett Signal

    Learn more →
    ES
    ⚪Awaiting DCF Data

    The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

    DCF Margin of Safety: N/AMr. Market's Mood: Neutral (49)
    GOOGL
    ⚪Awaiting DCF Data

    The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

    DCF Margin of Safety: N/AMr. Market's Mood: Neutral (58)
    View ES Full AnalysisView GOOGL Full Analysis

    Frequently Asked Questions: ES vs GOOGL

    Is Eversource Energy or Alphabet Inc. more undervalued in 2026?▼

    Based on our discounted cash flow model, GOOGL trades at a -242.2% margin of safety (intrinsic value $102 vs. price $348), compared to ES's -500.5% margin of safety (intrinsic $11 vs. $68).

    Which stock has a wider economic moat, Eversource Energy or Alphabet Inc.?▼

    GOOGL scores 89/100 (Wide moat), while ES scores 40/100 (Narrow moat). The moat score measures competitive advantage durability across ROIC consistency, margin stability, revenue predictability, and reinvestment efficiency.

    Is Eversource Energy in financial distress?▼

    ES's Altman Z-Score of 0.7 places it in the Distress zone, signaling elevated bankruptcy risk. GOOGL scores 2.4 (Grey zone). The Altman Z-Score is a five-factor model that predicts insolvency within two years; scores below 1.81 indicate significant distress.

    Which company has better free cash flow, Eversource Energy or Alphabet Inc.?▼

    Eversource Energy (ES) generates a 3.2% free cash flow yield, compared to Alphabet Inc.'s 1.7%. A higher FCF yield means the business converts more of its market value into cash that can be returned to shareholders or reinvested.

    Which stock has higher return on invested capital, Eversource Energy or Alphabet Inc.?▼

    GOOGL earns 15.7% ROIC versus ES's 5.7%. A higher ROIC means the company generates more profit per dollar of capital employed, a hallmark of durable competitive advantage in Buffett-style analysis.

    Which dividend is safer, Eversource Energy's or Alphabet Inc.'s?▼

    GOOGL's dividend earns a safety score of 88/100 (Very Safe), compared to ES's 69/100 (Safe). GOOGL has raised its dividend for 1 consecutive years.