DT MIDSTREAM INC (DTM) Stock Fundamental Analysis
USA - NYSE:DTM - US23345M1071 - Common Stock
116.89 USD
+0.54 (+0.46%)
116.89 USD
0 (0%)
Overall DTM gets a fundamental rating of 4 out of 10. We evaluated DTM against 210 industry peers in the Oil, Gas & Consumable Fuels industry. DTM has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, DTM is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year DTM was profitable.
In the past year DTM had a positive cash flow from operations.
In the past 5 years DTM has always been profitable.
Each year in the past 5 years DTM had a positive operating cash flow.
1.2 Ratios
DTM's Return On Assets of 4.01% is in line compared to the rest of the industry. DTM outperforms 56.19% of its industry peers.
DTM has a Return On Equity of 8.57%. This is comparable to the rest of the industry: DTM outperforms 55.71% of its industry peers.
DTM's Return On Invested Capital of 4.47% is on the low side compared to the rest of the industry. DTM is outperformed by 60.95% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DTM is significantly below the industry average of 21.66%.
The last Return On Invested Capital (4.47%) for DTM is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.01% | ||
| ROE | 8.57% | ||
| ROIC | 4.47% |
ROA(3y)4.01%
ROA(5y)3.91%
ROE(3y)8.72%
ROE(5y)8.35%
ROIC(3y)3.99%
ROIC(5y)3.95%
1.3 Margins
DTM's Profit Margin of 34.30% is amongst the best of the industry. DTM outperforms 90.00% of its industry peers.
DTM's Profit Margin has declined in the last couple of years.
DTM's Operating Margin of 48.60% is amongst the best of the industry. DTM outperforms 91.43% of its industry peers.
In the last couple of years the Operating Margin of DTM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 48.6% | ||
| PM (TTM) | 34.3% | ||
| GM | N/A |
OM growth 3Y-0.02%
OM growth 5Y-0.84%
PM growth 3Y-0.42%
PM growth 5Y-2.27%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DTM is destroying value.
Compared to 1 year ago, DTM has more shares outstanding
Compared to 5 years ago, DTM has more shares outstanding
DTM has a better debt/assets ratio than last year.
2.2 Solvency
DTM has an Altman-Z score of 1.74. This is a bad value and indicates that DTM is not financially healthy and even has some risk of bankruptcy.
DTM has a better Altman-Z score (1.74) than 61.43% of its industry peers.
The Debt to FCF ratio of DTM is 7.02, which is on the high side as it means it would take DTM, 7.02 years of fcf income to pay off all of its debts.
DTM's Debt to FCF ratio of 7.02 is in line compared to the rest of the industry. DTM outperforms 58.10% of its industry peers.
DTM has a Debt/Equity ratio of 0.71. This is a neutral value indicating DTM is somewhat dependend on debt financing.
DTM has a worse Debt to Equity ratio (0.71) than 61.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 7.02 | ||
| Altman-Z | 1.74 |
ROIC/WACC0.56
WACC8%
2.3 Liquidity
A Current Ratio of 0.92 indicates that DTM may have some problems paying its short term obligations.
DTM's Current ratio of 0.92 is in line compared to the rest of the industry. DTM outperforms 40.48% of its industry peers.
A Quick Ratio of 0.92 indicates that DTM may have some problems paying its short term obligations.
With a Quick ratio value of 0.92, DTM perfoms like the industry average, outperforming 48.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.92 |
3. Growth
3.1 Past
DTM shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.65%.
The Earnings Per Share has been growing by 11.26% on average over the past years. This is quite good.
The Revenue has grown by 20.39% in the past year. This is a very strong growth!
DTM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.25% yearly.
EPS 1Y (TTM)-3.65%
EPS 3Y4.31%
EPS 5Y11.26%
EPS Q2Q%25.56%
Revenue 1Y (TTM)20.39%
Revenue growth 3Y5.31%
Revenue growth 5Y14.25%
Sales Q2Q%26.61%
3.2 Future
Based on estimates for the next years, DTM will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.53% on average per year.
Based on estimates for the next years, DTM will show a quite strong growth in Revenue. The Revenue will grow by 13.99% on average per year.
EPS Next Y21.34%
EPS Next 2Y16.43%
EPS Next 3Y14.56%
EPS Next 5Y9.53%
Revenue Next Year25.38%
Revenue Next 2Y16.85%
Revenue Next 3Y13.99%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 29.52, the valuation of DTM can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of DTM indicates a slightly more expensive valuation: DTM is more expensive than 60.48% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.45. DTM is around the same levels.
DTM is valuated rather expensively with a Price/Forward Earnings ratio of 23.95.
The rest of the industry has a similar Price/Forward Earnings ratio as DTM.
When comparing the Price/Forward Earnings ratio of DTM to the average of the S&P500 Index (34.46), we can say DTM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.52 | ||
| Fwd PE | 23.95 |
4.2 Price Multiples
69.05% of the companies in the same industry are cheaper than DTM, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as DTM.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.11 | ||
| EV/EBITDA | 18.76 |
4.3 Compensation for Growth
DTM's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as DTM's earnings are expected to grow with 14.56% in the coming years.
PEG (NY)1.38
PEG (5Y)2.62
EPS Next 2Y16.43%
EPS Next 3Y14.56%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.89%, DTM has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.90, DTM has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, DTM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.89% |
5.2 History
DTM has been paying a dividend for over 5 years, so it has already some track record.
DTM has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
DTM pays out 77.42% of its income as dividend. This is not a sustainable payout ratio.
DP77.42%
EPS Next 2Y16.43%
EPS Next 3Y14.56%
116.89
+0.54 (+0.46%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners87.59%
Inst Owner ChangeN/A
Ins Owners0.35%
Ins Owner Change12.03%
Market Cap11.87B
Revenue(TTM)1.18B
Net Income(TTM)403.00M
Analysts73.68
Price Target116.14 (-0.64%)
Short Float %3.63%
Short Ratio4.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.89% |
Yearly Dividend2.83
Dividend Growth(5Y)N/A
DP77.42%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.38%
Min EPS beat(2)1.53%
Max EPS beat(2)5.24%
EPS beat(4)2
Avg EPS beat(4)-3.94%
Min EPS beat(4)-18.87%
Max EPS beat(4)5.24%
EPS beat(8)5
Avg EPS beat(8)2.7%
EPS beat(12)7
Avg EPS beat(12)0.89%
EPS beat(16)9
Avg EPS beat(16)0.13%
Revenue beat(2)2
Avg Revenue beat(2)2.26%
Min Revenue beat(2)1.31%
Max Revenue beat(2)3.21%
Revenue beat(4)3
Avg Revenue beat(4)1.21%
Min Revenue beat(4)-3.07%
Max Revenue beat(4)3.37%
Revenue beat(8)6
Avg Revenue beat(8)1.21%
Revenue beat(12)8
Avg Revenue beat(12)-0.43%
Revenue beat(16)11
Avg Revenue beat(16)-0.33%
PT rev (1m)4.3%
PT rev (3m)4.75%
EPS NQ rev (1m)-2.98%
EPS NQ rev (3m)-3.7%
EPS NY rev (1m)-0.08%
EPS NY rev (3m)-0.86%
Revenue NQ rev (1m)-0.78%
Revenue NQ rev (3m)-1.1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.52 | ||
| Fwd PE | 23.95 | ||
| P/S | 10.11 | ||
| P/FCF | 25.11 | ||
| P/OCF | 13.84 | ||
| P/B | 2.53 | ||
| P/tB | 5.81 | ||
| EV/EBITDA | 18.76 |
EPS(TTM)3.96
EY3.39%
EPS(NY)4.88
Fwd EY4.18%
FCF(TTM)4.66
FCFY3.98%
OCF(TTM)8.45
OCFY7.23%
SpS11.57
BVpS46.28
TBVpS20.12
PEG (NY)1.38
PEG (5Y)2.62
Graham Number64.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.01% | ||
| ROE | 8.57% | ||
| ROCE | 5.88% | ||
| ROIC | 4.47% | ||
| ROICexc | 4.51% | ||
| ROICexgc | 6.24% | ||
| OM | 48.6% | ||
| PM (TTM) | 34.3% | ||
| GM | N/A | ||
| FCFM | 40.26% |
ROA(3y)4.01%
ROA(5y)3.91%
ROE(3y)8.72%
ROE(5y)8.35%
ROIC(3y)3.99%
ROIC(5y)3.95%
ROICexc(3y)4.01%
ROICexc(5y)3.98%
ROICexgc(3y)5.61%
ROICexgc(5y)5.69%
ROCE(3y)5.38%
ROCE(5y)5.91%
ROICexgc growth 3Y-3.85%
ROICexgc growth 5Y4.27%
ROICexc growth 3Y-1.72%
ROICexc growth 5Y7.01%
OM growth 3Y-0.02%
OM growth 5Y-0.84%
PM growth 3Y-0.42%
PM growth 5Y-2.27%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 7.02 | ||
| Debt/EBITDA | 4.14 | ||
| Cap/Depr | 166.67% | ||
| Cap/Sales | 32.77% | ||
| Interest Coverage | 4.23 | ||
| Cash Conversion | 106.98% | ||
| Profit Quality | 117.37% | ||
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.92 | ||
| Altman-Z | 1.74 |
F-Score4
WACC8%
ROIC/WACC0.56
Cap/Depr(3y)263.49%
Cap/Depr(5y)243.12%
Cap/Sales(3y)52.05%
Cap/Sales(5y)48.3%
Profit Quality(3y)76.01%
Profit Quality(5y)78.81%
High Growth Momentum
Growth
EPS 1Y (TTM)-3.65%
EPS 3Y4.31%
EPS 5Y11.26%
EPS Q2Q%25.56%
EPS Next Y21.34%
EPS Next 2Y16.43%
EPS Next 3Y14.56%
EPS Next 5Y9.53%
Revenue 1Y (TTM)20.39%
Revenue growth 3Y5.31%
Revenue growth 5Y14.25%
Sales Q2Q%26.61%
Revenue Next Year25.38%
Revenue Next 2Y16.85%
Revenue Next 3Y13.99%
Revenue Next 5YN/A
EBIT growth 1Y15.12%
EBIT growth 3Y5.28%
EBIT growth 5Y13.29%
EBIT Next Year99.49%
EBIT Next 3Y31.64%
EBIT Next 5Y21.59%
FCF growth 1Y2250%
FCF growth 3Y-1.49%
FCF growth 5Y18.2%
OCF growth 1Y12.16%
OCF growth 3Y10.08%
OCF growth 5Y14.36%
DT MIDSTREAM INC / DTM FAQ
What is the ChartMill fundamental rating of DT MIDSTREAM INC (DTM) stock?
ChartMill assigns a fundamental rating of 4 / 10 to DTM.
Can you provide the valuation status for DT MIDSTREAM INC?
ChartMill assigns a valuation rating of 2 / 10 to DT MIDSTREAM INC (DTM). This can be considered as Overvalued.
Can you provide the profitability details for DT MIDSTREAM INC?
DT MIDSTREAM INC (DTM) has a profitability rating of 5 / 10.
What is the earnings growth outlook for DT MIDSTREAM INC?
The Earnings per Share (EPS) of DT MIDSTREAM INC (DTM) is expected to grow by 21.34% in the next year.
How sustainable is the dividend of DT MIDSTREAM INC (DTM) stock?
The dividend rating of DT MIDSTREAM INC (DTM) is 3 / 10 and the dividend payout ratio is 77.42%.