CMS ENERGY CORP - CMS 5 7/8 03/01/2079 (CMSD) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CMSD - US1258968452
23.32 USD
-0.15 (-0.64%)
23.32 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to CMSD. CMSD was compared to 26 industry peers in the Multi-Utilities industry. CMSD scores excellent on profitability, but there are concerns on its financial health. CMSD has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year CMSD was profitable.
In the past year CMSD had a positive cash flow from operations.
Each year in the past 5 years CMSD has been profitable.
Each year in the past 5 years CMSD had a positive operating cash flow.
1.2 Ratios
CMSD has a better Return On Assets (2.73%) than 69.23% of its industry peers.
Looking at the Return On Equity, with a value of 11.70%, CMSD belongs to the top of the industry, outperforming 88.46% of the companies in the same industry.
With a Return On Invested Capital value of 3.95%, CMSD perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CMSD is in line with the industry average of 3.96%.
The last Return On Invested Capital (3.95%) for CMSD is above the 3 year average (3.46%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.73% | ||
| ROE | 11.7% | ||
| ROIC | 3.95% |
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
With a Profit Margin value of 12.50%, CMSD perfoms like the industry average, outperforming 57.69% of the companies in the same industry.
CMSD's Profit Margin has improved in the last couple of years.
The Operating Margin of CMSD (20.70%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of CMSD has grown nicely.
With a decent Gross Margin value of 70.26%, CMSD is doing good in the industry, outperforming 65.38% of the companies in the same industry.
CMSD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.7% | ||
| PM (TTM) | 12.5% | ||
| GM | 70.26% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CMSD is destroying value.
The number of shares outstanding for CMSD has been increased compared to 1 year ago.
Compared to 5 years ago, CMSD has more shares outstanding
Compared to 1 year ago, CMSD has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.59, we must say that CMSD is in the distress zone and has some risk of bankruptcy.
CMSD has a worse Altman-Z score (0.59) than 84.62% of its industry peers.
A Debt/Equity ratio of 1.91 is on the high side and indicates that CMSD has dependencies on debt financing.
CMSD has a worse Debt to Equity ratio (1.91) than 65.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.91 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.59 |
ROIC/WACC0.79
WACC4.99%
2.3 Liquidity
A Current Ratio of 0.90 indicates that CMSD may have some problems paying its short term obligations.
CMSD's Current ratio of 0.90 is on the low side compared to the rest of the industry. CMSD is outperformed by 61.54% of its industry peers.
A Quick Ratio of 0.60 indicates that CMSD may have some problems paying its short term obligations.
The Quick ratio of CMSD (0.60) is worse than 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
CMSD shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.28%.
CMSD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.05% yearly.
Looking at the last year, CMSD shows a quite strong growth in Revenue. The Revenue has grown by 10.96% in the last year.
Measured over the past years, CMSD shows a small growth in Revenue. The Revenue has been growing by 1.89% on average per year.
EPS 1Y (TTM)0.28%
EPS 3Y5.55%
EPS 5Y6.05%
EPS Q2Q%10.71%
Revenue 1Y (TTM)10.96%
Revenue growth 3Y0.84%
Revenue growth 5Y1.89%
Sales Q2Q%15.95%
3.2 Future
Based on estimates for the next years, CMSD will show a small growth in Earnings Per Share. The EPS will grow by 7.58% on average per year.
Based on estimates for the next years, CMSD will show a small growth in Revenue. The Revenue will grow by 4.66% on average per year.
EPS Next Y8.48%
EPS Next 2Y7.9%
EPS Next 3Y7.87%
EPS Next 5Y7.58%
Revenue Next Year2.8%
Revenue Next 2Y3.47%
Revenue Next 3Y3.72%
Revenue Next 5Y4.66%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
CMSD is valuated cheaply with a Price/Earnings ratio of 6.61.
Based on the Price/Earnings ratio, CMSD is valued a bit cheaper than the industry average as 76.92% of the companies are valued more expensively.
CMSD's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.31.
CMSD is valuated cheaply with a Price/Forward Earnings ratio of 6.00.
76.92% of the companies in the same industry are more expensive than CMSD, based on the Price/Forward Earnings ratio.
CMSD is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.61 | ||
| Fwd PE | 6 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CMSD indicates a somewhat cheap valuation: CMSD is cheaper than 76.92% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.25 |
4.3 Compensation for Growth
CMSD'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 CMSD may justify a higher PE ratio.
PEG (NY)0.78
PEG (5Y)1.09
EPS Next 2Y7.9%
EPS Next 3Y7.87%
5. Dividend
5.1 Amount
CMSD has a Yearly Dividend Yield of 2.88%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.37, CMSD is paying slightly less dividend.
CMSD's Dividend Yield is a higher than the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
5.2 History
On average, the dividend of CMSD grows each year by 6.54%, which is quite nice.
CMSD has been paying a dividend for over 5 years, so it has already some track record.
CMSD has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)6.54%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
62.87% of the earnings are spent on dividend by CMSD. This is not a sustainable payout ratio.
CMSD's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP62.87%
EPS Next 2Y7.9%
EPS Next 3Y7.87%
23.32
-0.15 (-0.64%)
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 Cap7.10B
Revenue(TTM)8.29B
Net Income(TTM)1.04B
Analysts75.24
Price Target25.92 (11.15%)
Short Float %0.02%
Short Ratio1.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
Yearly Dividend2.11
Dividend Growth(5Y)6.54%
DP62.87%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.49%
Min EPS beat(2)2.11%
Max EPS beat(2)8.88%
EPS beat(4)2
Avg EPS beat(4)2.37%
Min EPS beat(4)-1.09%
Max EPS beat(4)8.88%
EPS beat(8)5
Avg EPS beat(8)2.87%
EPS beat(12)7
Avg EPS beat(12)5.97%
EPS beat(16)11
Avg EPS beat(16)5.61%
Revenue beat(2)2
Avg Revenue beat(2)6.58%
Min Revenue beat(2)4.73%
Max Revenue beat(2)8.42%
Revenue beat(4)3
Avg Revenue beat(4)2.54%
Min Revenue beat(4)-11.28%
Max Revenue beat(4)8.42%
Revenue beat(8)3
Avg Revenue beat(8)-5.65%
Revenue beat(12)5
Avg Revenue beat(12)-4.25%
Revenue beat(16)9
Avg Revenue beat(16)0.59%
PT rev (1m)-1.35%
PT rev (3m)2.9%
EPS NQ rev (1m)-5.23%
EPS NQ rev (3m)-6.11%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)0.07%
Revenue NQ rev (1m)9.03%
Revenue NQ rev (3m)8.34%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.61 | ||
| Fwd PE | 6 | ||
| P/S | 0.86 | ||
| P/FCF | N/A | ||
| P/OCF | 3.29 | ||
| P/B | 0.8 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | 8.25 |
EPS(TTM)3.53
EY15.14%
EPS(NY)3.89
Fwd EY16.67%
FCF(TTM)-4.96
FCFYN/A
OCF(TTM)7.1
OCFY30.44%
SpS27.26
BVpS29.13
TBVpS29.13
PEG (NY)0.78
PEG (5Y)1.09
Graham Number48.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.73% | ||
| ROE | 11.7% | ||
| ROCE | 4.91% | ||
| ROIC | 3.95% | ||
| ROICexc | 3.99% | ||
| ROICexgc | 3.99% | ||
| OM | 20.7% | ||
| PM (TTM) | 12.5% | ||
| GM | 70.26% | ||
| 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%
ROICexgc growth 3Y1.52%
ROICexgc 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-Score5
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.91 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.62 | ||
| Cap/Depr | 284.34% | ||
| Cap/Sales | 44.22% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 71.83% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z | 0.59 |
F-Score5
WACC4.99%
ROIC/WACC0.79
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)0.28%
EPS 3Y5.55%
EPS 5Y6.05%
EPS Q2Q%10.71%
EPS Next Y8.48%
EPS Next 2Y7.9%
EPS Next 3Y7.87%
EPS Next 5Y7.58%
Revenue 1Y (TTM)10.96%
Revenue growth 3Y0.84%
Revenue growth 5Y1.89%
Sales Q2Q%15.95%
Revenue Next Year2.8%
Revenue Next 2Y3.47%
Revenue Next 3Y3.72%
Revenue Next 5Y4.66%
EBIT growth 1Y16.96%
EBIT growth 3Y9.07%
EBIT growth 5Y3.72%
EBIT Next Year92.04%
EBIT Next 3Y32.08%
EBIT Next 5Y23.09%
FCF growth 1Y-339.65%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y3.25%
OCF growth 3Y9.22%
OCF growth 5Y5.77%
CMS ENERGY CORP - CMS 5 7/8 03/01/2079 / CMSD FAQ
What is the fundamental rating for CMSD stock?
ChartMill assigns a fundamental rating of 4 / 10 to CMSD.
What is the valuation status of CMS ENERGY CORP - CMS 5 7/8 03/01/2079 (CMSD) stock?
ChartMill assigns a valuation rating of 6 / 10 to CMS ENERGY CORP - CMS 5 7/8 03/01/2079 (CMSD). This can be considered as Fairly Valued.
Can you provide the profitability details for CMS ENERGY CORP - CMS 5 7/8 03/01/2079?
CMS ENERGY CORP - CMS 5 7/8 03/01/2079 (CMSD) has a profitability rating of 7 / 10.
What is the financial health of CMS ENERGY CORP - CMS 5 7/8 03/01/2079 (CMSD) stock?
The financial health rating of CMS ENERGY CORP - CMS 5 7/8 03/01/2079 (CMSD) is 0 / 10.
What is the earnings growth outlook for CMS ENERGY CORP - CMS 5 7/8 03/01/2079?
The Earnings per Share (EPS) of CMS ENERGY CORP - CMS 5 7/8 03/01/2079 (CMSD) is expected to grow by 8.48% in the next year.