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Why NYSE:TTE provides a good dividend, while having solid fundamentals.

By Mill Chart

Last update: Apr 19, 2024

Our stock screener has spotted TOTALENERGIES SE -SPON ADR (NYSE:TTE) as a good dividend stock with solid fundamentals. NYSE:TTE shows decent health and profitability. At the same time it gives a good and sustainable dividend. We'll dive into each aspect below.

Analyzing Dividend Metrics

An integral part of ChartMill's stock analysis is the Dividend Rating, which spans from 0 to 10. This rating evaluates diverse dividend factors, including yield, historical data, growth, and sustainability. NYSE:TTE has received a 7 out of 10:

  • With a Yearly Dividend Yield of 4.45%, TTE is a good candidate for dividend investing.
  • TTE's Dividend Yield is a higher than the industry average which is at 5.80.
  • Compared to an average S&P500 Dividend Yield of 2.40, TTE pays a better dividend.
  • The dividend of TTE is nicely growing with an annual growth rate of 10.18%!
  • TTE has paid a dividend for at least 10 years, which is a reliable track record.
  • TTE pays out 35.64% of its income as dividend. This is a sustainable payout ratio.

Health Assessment of NYSE:TTE

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NYSE:TTE has earned a 5 out of 10:

  • TTE has a debt to FCF ratio of 2.18. This is a good value and a sign of high solvency as TTE would need 2.18 years to pay back of all of its debts.
  • The Debt to FCF ratio of TTE (2.18) is better than 73.58% of its industry peers.
  • TTE has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.

Exploring NYSE:TTE's Profitability

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NYSE:TTE, the assigned 5 is a significant indicator of profitability:

  • Looking at the Return On Invested Capital, with a value of 14.26%, TTE is in the better half of the industry, outperforming 72.17% of the companies in the same industry.
  • The 3 year average ROIC (13.67%) for TTE is below the current ROIC(14.26%), indicating increased profibility in the last year.
  • TTE's Profit Margin has improved in the last couple of years.
  • TTE's Operating Margin has improved in the last couple of years.
  • TTE's Gross Margin has improved in the last couple of years.

Every day, new Best Dividend stocks can be found on ChartMill in our Best Dividend screener.

Check the latest full fundamental report of TTE for a complete fundamental analysis.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.