CMS ENERGY CORP - CMS 5 5/8 03/15/2078 (CMSA) Stock Fundamental Analysis
USA - NYSE:CMSA - US1258968601
24.4146 USD
-0.09 (-0.35%)
Overall CMSA gets a fundamental rating of 4 out of 10. We evaluated CMSA against 25 industry peers in the Multi-Utilities industry. There are concerns on the financial health of CMSA while its profitability can be described as average. CMSA is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CMSA was profitable.
In the past year CMSA had a positive cash flow from operations.
In the past 5 years CMSA has always been profitable.
Each year in the past 5 years CMSA had a positive operating cash flow.
1.2 Ratios
CMSA has a Return On Assets of 2.69%. This is comparable to the rest of the industry: CMSA outperforms 52.00% of its industry peers.
CMSA's Return On Equity of 12.07% is fine compared to the rest of the industry. CMSA outperforms 72.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.74%, CMSA is in line with its industry, outperforming 44.00% of the companies in the same industry.
CMSA had an Average Return On Invested Capital over the past 3 years of 3.46%. This is in line with the industry average of 3.82%.
The last Return On Invested Capital (3.74%) for CMSA is above the 3 year average (3.46%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.69% | ||
| ROE | 12.07% | ||
| ROIC | 3.74% |
ROA(3y)2.67%
ROA(5y)3.05%
ROE(3y)11.83%
ROE(5y)13.91%
ROIC(3y)3.46%
ROIC(5y)3.6%
1.3 Margins
CMSA has a Profit Margin of 12.64%. This is comparable to the rest of the industry: CMSA outperforms 52.00% of its industry peers.
CMSA's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 20.00%, CMSA is doing worse than 60.00% of the companies in the same industry.
In the last couple of years the Operating Margin of CMSA has grown nicely.
CMSA has a Gross Margin (71.26%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of CMSA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20% | ||
| PM (TTM) | 12.64% | ||
| GM | 71.26% |
OM growth 3Y8.16%
OM growth 5Y1.8%
PM growth 3Y-10.44%
PM growth 5Y5.87%
GM growth 3Y3.22%
GM growth 5Y2.04%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CMSA is destroying value.
Compared to 1 year ago, CMSA has more shares outstanding
The number of shares outstanding for CMSA has been increased compared to 5 years ago.
Compared to 1 year ago, CMSA has an improved debt to assets ratio.
2.2 Solvency
CMSA has an Altman-Z score of 0.59. This is a bad value and indicates that CMSA is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.59, CMSA is not doing good in the industry: 76.00% of the companies in the same industry are doing better.
CMSA has a Debt/Equity ratio of 2.02. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.02, CMSA is not doing good in the industry: 88.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.02 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.59 |
ROIC/WACC0.7
WACC5.32%
2.3 Liquidity
A Current Ratio of 1.00 indicates that CMSA may have some problems paying its short term obligations.
CMSA has a better Current ratio (1.00) than 72.00% of its industry peers.
A Quick Ratio of 0.77 indicates that CMSA may have some problems paying its short term obligations.
The Quick ratio of CMSA (0.77) is better than 72.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
CMSA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.56%.
Measured over the past 5 years, CMSA shows a small growth in Earnings Per Share. The EPS has been growing by 6.05% on average per year.
Looking at the last year, CMSA shows a quite strong growth in Revenue. The Revenue has grown by 8.25% in the last year.
Measured over the past years, CMSA shows a small growth in Revenue. The Revenue has been growing by 1.89% on average per year.
EPS 1Y (TTM)4.56%
EPS 3Y5.55%
EPS 5Y6.05%
EPS Q2Q%7.58%
Revenue 1Y (TTM)8.25%
Revenue growth 3Y0.84%
Revenue growth 5Y1.89%
Sales Q2Q%14.37%
3.2 Future
Based on estimates for the next years, CMSA will show a small growth in Earnings Per Share. The EPS will grow by 7.57% on average per year.
Based on estimates for the next years, CMSA will show a small growth in Revenue. The Revenue will grow by 4.75% on average per year.
EPS Next Y8.5%
EPS Next 2Y7.97%
EPS Next 3Y7.89%
EPS Next 5Y7.57%
Revenue Next Year2.69%
Revenue Next 2Y3.33%
Revenue Next 3Y3.58%
Revenue Next 5Y4.75%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.10 indicates a rather cheap valuation of CMSA.
Based on the Price/Earnings ratio, CMSA is valued a bit cheaper than the industry average as 76.00% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.91. CMSA is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 6.27, the valuation of CMSA can be described as very cheap.
76.00% of the companies in the same industry are more expensive than CMSA, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.30. CMSA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.1 | ||
| Fwd PE | 6.27 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CMSA indicates a somewhat cheap valuation: CMSA is cheaper than 76.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.6 |
4.3 Compensation for Growth
CMSA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of CMSA may justify a higher PE ratio.
PEG (NY)0.83
PEG (5Y)1.17
EPS Next 2Y7.97%
EPS Next 3Y7.89%
5. Dividend
5.1 Amount
CMSA has a Yearly Dividend Yield of 6.14%, which is a nice return.
Compared to an average industry Dividend Yield of 4.41, CMSA pays a better dividend. On top of this CMSA pays more dividend than 84.00% of the companies listed in the same industry.
CMSA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.14% |
5.2 History
The dividend of CMSA is nicely growing with an annual growth rate of 6.54%!
CMSA has been paying a dividend for over 5 years, so it has already some track record.
The dividend of CMSA decreased in the last 3 years.
Dividend Growth(5Y)6.54%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
71.96% of the earnings are spent on dividend by CMSA. This is not a sustainable payout ratio.
The dividend of CMSA is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP71.96%
EPS Next 2Y7.97%
EPS Next 3Y7.89%
CMS ENERGY CORP - CMS 5 5/8 03/15/2078
NYSE:CMSA (10/9/2025, 11:18:44 AM)
24.4146
-0.09 (-0.35%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners101.05%
Inst Owner ChangeN/A
Ins Owners0.56%
Ins Owner ChangeN/A
Market Cap7.31B
Analysts76
Price Target25.58 (4.77%)
Short Float %0%
Short Ratio0.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.14% |
Yearly Dividend2.11
Dividend Growth(5Y)6.54%
DP71.96%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.85%
Min EPS beat(2)-0.41%
Max EPS beat(2)2.11%
EPS beat(4)2
Avg EPS beat(4)1.89%
Min EPS beat(4)-1.09%
Max EPS beat(4)6.96%
EPS beat(8)4
Avg EPS beat(8)1.62%
EPS beat(12)7
Avg EPS beat(12)5.35%
EPS beat(16)10
Avg EPS beat(16)5.04%
Revenue beat(2)2
Avg Revenue beat(2)6.5%
Min Revenue beat(2)4.73%
Max Revenue beat(2)8.27%
Revenue beat(4)2
Avg Revenue beat(4)-1.62%
Min Revenue beat(4)-11.28%
Max Revenue beat(4)8.27%
Revenue beat(8)2
Avg Revenue beat(8)-9.38%
Revenue beat(12)5
Avg Revenue beat(12)-3.72%
Revenue beat(16)9
Avg Revenue beat(16)0.52%
PT rev (1m)5.82%
PT rev (3m)8.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.86%
EPS NY rev (1m)0.09%
EPS NY rev (3m)0.01%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.64%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)1.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.1 | ||
| Fwd PE | 6.27 | ||
| P/S | 0.91 | ||
| P/FCF | N/A | ||
| P/OCF | 3.34 | ||
| P/B | 0.87 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | 8.6 |
EPS(TTM)3.44
EY14.09%
EPS(NY)3.89
Fwd EY15.95%
FCF(TTM)-3.53
FCFYN/A
OCF(TTM)7.3
OCFY29.91%
SpS26.78
BVpS28.04
TBVpS28.04
PEG (NY)0.83
PEG (5Y)1.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.69% | ||
| ROE | 12.07% | ||
| ROCE | 4.65% | ||
| ROIC | 3.74% | ||
| ROICexc | 3.83% | ||
| ROICexgc | 3.83% | ||
| OM | 20% | ||
| PM (TTM) | 12.64% | ||
| GM | 71.26% | ||
| FCFM | N/A |
ROA(3y)2.67%
ROA(5y)3.05%
ROE(3y)11.83%
ROE(5y)13.91%
ROIC(3y)3.46%
ROIC(5y)3.6%
ROICexc(3y)3.48%
ROICexc(5y)3.62%
ROICexgc(3y)3.48%
ROICexgc(5y)3.62%
ROCE(3y)4.31%
ROCE(5y)4.48%
ROICexcg growth 3Y1.52%
ROICexcg growth 5Y-2.23%
ROICexc growth 3Y1.52%
ROICexc growth 5Y-2.23%
OM growth 3Y8.16%
OM growth 5Y1.8%
PM growth 3Y-10.44%
PM growth 5Y5.87%
GM growth 3Y3.22%
GM growth 5Y2.04%
F-Score3
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.02 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.93 | ||
| Cap/Depr | 259.44% | ||
| Cap/Sales | 40.45% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.62% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 0.59 |
F-Score3
WACC5.32%
ROIC/WACC0.7
Cap/Depr(3y)219.4%
Cap/Depr(5y)213.13%
Cap/Sales(3y)33.34%
Cap/Sales(5y)32.61%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)4.56%
EPS 3Y5.55%
EPS 5Y6.05%
EPS Q2Q%7.58%
EPS Next Y8.5%
EPS Next 2Y7.97%
EPS Next 3Y7.89%
EPS Next 5Y7.57%
Revenue 1Y (TTM)8.25%
Revenue growth 3Y0.84%
Revenue growth 5Y1.89%
Sales Q2Q%14.37%
Revenue Next Year2.69%
Revenue Next 2Y3.33%
Revenue Next 3Y3.58%
Revenue Next 5Y4.75%
EBIT growth 1Y16.84%
EBIT growth 3Y9.07%
EBIT growth 5Y3.72%
EBIT Next Year92.04%
EBIT Next 3Y32.08%
EBIT Next 5Y22.84%
FCF growth 1Y-8.74%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y45.64%
OCF growth 3Y9.22%
OCF growth 5Y5.77%