DT MIDSTREAM INC (DTM)
US23345M1071 - Common Stock
Overall DTM gets a fundamental rating of 3 out of 10. We evaluated DTM against 214 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of DTM while its profitability can be described as average. DTM is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year DTM was profitable.
DTM had a positive operating cash flow in the past year.
Each year in the past 5 years DTM has been profitable.
Each year in the past 5 years DTM had a positive operating cash flow.
1.2 Ratios
The Return On Assets of DTM (4.28%) is worse than 63.38% of its industry peers.
DTM has a worse Return On Equity (9.28%) than 65.73% of its industry peers.
DTM has a worse Return On Invested Capital (4.25%) than 72.77% of its industry peers.
DTM had an Average Return On Invested Capital over the past 3 years of 4.21%. This is significantly below the industry average of 45.92%.
The 3 year average ROIC (4.21%) for DTM is below the current ROIC(4.25%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.28% | ||
| ROE | 9.28% | ||
| ROIC | 4.25% |
ROA(3y)4.07%
ROA(5y)3.72%
ROE(3y)8.81%
ROE(5y)7.96%
ROIC(3y)4.21%
ROIC(5y)3.88%
1.3 Margins
DTM has a better Profit Margin (41.65%) than 84.98% of its industry peers.
DTM's Profit Margin has declined in the last couple of years.
DTM has a better Operating Margin (50.65%) than 84.98% of its industry peers.
DTM's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 50.65% | ||
| PM (TTM) | 41.65% | ||
| GM | N/A |
OM growth 3Y-2.5%
OM growth 5Y-2.09%
PM growth 3Y0.22%
PM growth 5Y-2.65%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so DTM is destroying value.
DTM has about the same amout of shares outstanding than it did 1 year ago.
The debt/assets ratio for DTM has been reduced compared to a year ago.
2.2 Solvency
DTM has an Altman-Z score of 1.13. This is a bad value and indicates that DTM is not financially healthy and even has some risk of bankruptcy.
DTM has a Altman-Z score (1.13) which is comparable to the rest of the industry.
DTM has a debt to FCF ratio of 124.23. This is a negative value and a sign of low solvency as DTM would need 124.23 years to pay back of all of its debts.
With a Debt to FCF ratio value of 124.23, DTM is not doing good in the industry: 68.08% of the companies in the same industry are doing better.
DTM has a Debt/Equity ratio of 0.78. This is a neutral value indicating DTM is somewhat dependend on debt financing.
DTM has a Debt to Equity ratio of 0.78. This is in the lower half of the industry: DTM underperforms 64.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 124.23 | ||
| Altman-Z | 1.13 |
ROIC/WACC0.58
WACC7.26%
2.3 Liquidity
DTM has a Current Ratio of 0.63. This is a bad value and indicates that DTM is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of DTM (0.63) is worse than 84.51% of its industry peers.
A Quick Ratio of 0.63 indicates that DTM may have some problems paying its short term obligations.
DTM has a Quick ratio of 0.63. This is amonst the worse of the industry: DTM underperforms 80.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.83% over the past year.
Measured over the past years, DTM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.60% on average per year.
The Revenue has been growing slightly by 0.22% in the past year.
DTM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.71% yearly.
EPS 1Y (TTM)13.83%
EPS 3Y6.94%
EPS 5Y10.6%
EPS growth Q2Q33.33%
Revenue 1Y (TTM)0.22%
Revenue growth 3Y6.94%
Revenue growth 5Y13.71%
Revenue growth Q2Q0.41%
3.2 Future
The Earnings Per Share is expected to grow by 4.83% on average over the next years.
Based on estimates for the next years, DTM will show a small growth in Revenue. The Revenue will grow by 7.28% on average per year.
EPS Next Y-1.53%
EPS Next 2Y4.45%
EPS Next 3Y4.83%
EPS Next 5YN/A
Revenue Next Year7.69%
Revenue Next 2Y7.65%
Revenue Next 3Y7.28%
Revenue Next 5YN/A
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 decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 16.21, DTM is valued correctly.
DTM's Price/Earnings ratio is a bit more expensive when compared to the industry. DTM is more expensive than 65.73% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.92, DTM is valued a bit cheaper.
A Price/Forward Earnings ratio of 16.46 indicates a correct valuation of DTM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DTM is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.49, DTM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.21 | ||
| Fwd PE | 16.46 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DTM is valued a bit more expensive than 74.65% of the companies in the same industry.
DTM's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. DTM is more expensive than 67.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 239.19 | ||
| EV/EBITDA | 14.3 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.53
EPS Next 2Y4.45%
EPS Next 3Y4.83%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.47%, DTM is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.78, DTM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.43, DTM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.47% |
5.2 History
DTM has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
DTM pays out 68.49% of its income as dividend. This is not a sustainable payout ratio.
DP68.49%
EPS Next 2Y4.45%
EPS Next 3Y4.83%
DT MIDSTREAM INC
NYSE:DTM (4/26/2024, 7:04:00 PM)
After market: 64.04 0 (0%)64.04
-0.55 (-0.85%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap6.22B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.47% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.21 | ||
| Fwd PE | 16.46 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.28% | ||
| ROE | 9.28% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 50.65% | ||
| PM (TTM) | 41.65% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)13.83%
EPS 3Y6.94%
EPS 5Y
EPS growth Q2Q
EPS Next Y-1.53%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)0.22%
Revenue growth 3Y6.94%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y