Is NI or PEG more undervalued in 2026?

CirclFi compares NiSource Inc (NI) and Public Service Enterprise Group (PEG) using 13 institutional-grade valuation models. NI has a Quality of Company score of 8.5/10 while PEG scores 6.5/10.

Which is a better buy — NI or PEG?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do NI and PEG valuations compare?

NI at $46.22 and PEG at $78.65 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

NI vs PEG Valuation Comparison 2026 — Intrinsic Value Analysis

NI

Electric & Other Services Combined

NiSource Inc

Quality

8.5

out of 10

Value Trap

SAFE

Price

$46.22

Last close

Models

11/13

Active

PEG

Electric & Other Services Combined

Public Service Enterprise Group

Quality

6.5

out of 10

Value Trap

—

Price

$78.65

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	NI Fair Value	NI Upside	PEG Fair Value	PEG Upside
Bayesian DCF	Intrinsic	$46.41	+0.4%	$33.44	-57.4%
EROIC Spread	Intrinsic	$10.35	-77.6%	$25.10	-68.1%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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NI vs PEG — Which Stock Is More Undervalued?

NI scores higher with a 8.5/10 quality rating vs PEG's 6.5/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing NiSource Inc (NI) and Public Service Enterprise Group (PEG) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

NI currently trades at $46.22 with a QOC of 8.5/10, while PEG trades at $78.65 with a QOC of 6.5/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).