DUKE ENERGY CORP (DUK) Stock Fundamental Analysis
NYSE:DUK - US26441C2044 - Common Stock
122.49 USD
+0.12 (+0.1%)
122.49 USD
0 (0%)
Overall DUK gets a fundamental rating of 3 out of 10. We evaluated DUK against 47 industry peers in the Electric Utilities industry. DUK has a medium profitability rating, but doesn't score so well on its financial health evaluation. DUK is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year DUK was profitable.
DUK had a positive operating cash flow in the past year.
Each year in the past 5 years DUK has been profitable.
Each year in the past 5 years DUK had a positive operating cash flow.
1.2 Ratios
DUK's Return On Assets of 2.51% is on the low side compared to the rest of the industry. DUK is outperformed by 65.96% of its industry peers.
DUK has a Return On Equity of 9.34%. This is comparable to the rest of the industry: DUK outperforms 40.43% of its industry peers.
The Return On Invested Capital of DUK (4.31%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for DUK is in line with the industry average of 5.06%.
The 3 year average ROIC (3.87%) for DUK is below the current ROIC(4.31%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.51% | ||
| ROE | 9.34% | ||
| ROIC | 4.31% |
ROA(3y)1.76%
ROA(5y)1.66%
ROE(3y)6.44%
ROE(5y)5.93%
ROIC(3y)3.87%
ROIC(5y)3.68%
1.3 Margins
Looking at the Profit Margin, with a value of 15.20%, DUK is in the better half of the industry, outperforming 72.34% of the companies in the same industry.
In the last couple of years the Profit Margin of DUK has remained more or less at the same level.
DUK has a better Operating Margin (26.86%) than 82.98% of its industry peers.
In the last couple of years the Operating Margin of DUK has grown nicely.
With a decent Gross Margin value of 69.92%, DUK is doing good in the industry, outperforming 63.83% of the companies in the same industry.
In the last couple of years the Gross Margin of DUK has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.86% | ||
| PM (TTM) | 15.2% | ||
| GM | 69.92% |
OM growth 3Y3.31%
OM growth 5Y2.83%
PM growth 3Y-2.07%
PM growth 5Y-0.38%
GM growth 3Y-1.86%
GM growth 5Y-0.71%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DUK is destroying value.
Compared to 1 year ago, DUK has more shares outstanding
DUK has more shares outstanding than it did 5 years ago.
The debt/assets ratio for DUK is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.71, we must say that DUK is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.71, DUK is not doing good in the industry: 68.09% of the companies in the same industry are doing better.
DUK has a Debt/Equity ratio of 1.62. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.62, DUK is not doing good in the industry: 65.96% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.62 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.71 |
ROIC/WACC0.67
WACC6.43%
2.3 Liquidity
DUK has a Current Ratio of 0.66. This is a bad value and indicates that DUK is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of DUK (0.66) is worse than 72.34% of its industry peers.
A Quick Ratio of 0.42 indicates that DUK may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.42, DUK is doing worse than 85.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.42 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 3.62% over the past year.
The Earnings Per Share has been growing slightly by 3.12% on average over the past years.
Looking at the last year, DUK shows a small growth in Revenue. The Revenue has grown by 4.07% in the last year.
Measured over the past years, DUK shows a small growth in Revenue. The Revenue has been growing by 3.89% on average per year.
EPS 1Y (TTM)3.62%
EPS 3Y4.1%
EPS 5Y3.12%
EPS Q2Q%5.93%
Revenue 1Y (TTM)4.07%
Revenue growth 3Y7.23%
Revenue growth 5Y3.89%
Sales Q2Q%4.68%
3.2 Future
Based on estimates for the next years, DUK will show a small growth in Earnings Per Share. The EPS will grow by 7.06% on average per year.
DUK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.55% yearly.
EPS Next Y8.36%
EPS Next 2Y7.23%
EPS Next 3Y7.15%
EPS Next 5Y7.06%
Revenue Next Year4.4%
Revenue Next 2Y3.85%
Revenue Next 3Y3.75%
Revenue Next 5Y4.55%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 19.47, which indicates a rather expensive current valuation of DUK.
61.70% of the companies in the same industry are cheaper than DUK, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of DUK to the average of the S&P500 Index (27.13), we can say DUK is valued slightly cheaper.
The Price/Forward Earnings ratio is 18.05, which indicates a rather expensive current valuation of DUK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DUK is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of DUK to the average of the S&P500 Index (22.76), we can say DUK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.47 | ||
| Fwd PE | 18.05 |
4.2 Price Multiples
DUK's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.63 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates DUK does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of DUK may justify a higher PE ratio.
PEG (NY)2.33
PEG (5Y)6.24
EPS Next 2Y7.23%
EPS Next 3Y7.15%
5. Dividend
5.1 Amount
DUK has a Yearly Dividend Yield of 3.48%.
Compared to an average industry Dividend Yield of 3.51, DUK pays a bit more dividend than its industry peers.
DUK's Dividend Yield is a higher than the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.48% |
5.2 History
The dividend of DUK has a limited annual growth rate of 2.59%.
DUK has been paying a dividend for at least 10 years, so it has a reliable track record.
DUK has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.59%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
68.02% of the earnings are spent on dividend by DUK. This is not a sustainable payout ratio.
The dividend of DUK is growing, but earnings are growing more, so the dividend growth is sustainable.
DP68.02%
EPS Next 2Y7.23%
EPS Next 3Y7.15%
122.49
+0.12 (+0.1%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners68.82%
Inst Owner Change3.34%
Ins Owners0.05%
Ins Owner Change-0.25%
Market Cap95.25B
Analysts72.8
Price Target132.85 (8.46%)
Short Float %1.57%
Short Ratio4.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.48% |
Yearly Dividend4.15
Dividend Growth(5Y)2.59%
DP68.02%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.98%
Min EPS beat(2)5.29%
Max EPS beat(2)8.68%
EPS beat(4)2
Avg EPS beat(4)1.86%
Min EPS beat(4)-5.36%
Max EPS beat(4)8.68%
EPS beat(8)5
Avg EPS beat(8)2.84%
EPS beat(12)6
Avg EPS beat(12)0.58%
EPS beat(16)8
Avg EPS beat(16)0.66%
Revenue beat(2)2
Avg Revenue beat(2)2.21%
Min Revenue beat(2)1.39%
Max Revenue beat(2)3.03%
Revenue beat(4)3
Avg Revenue beat(4)1.02%
Min Revenue beat(4)-0.53%
Max Revenue beat(4)3.03%
Revenue beat(8)5
Avg Revenue beat(8)1.16%
Revenue beat(12)9
Avg Revenue beat(12)5.59%
Revenue beat(16)11
Avg Revenue beat(16)4.24%
PT rev (1m)2.49%
PT rev (3m)5.07%
EPS NQ rev (1m)0.33%
EPS NQ rev (3m)-6.28%
EPS NY rev (1m)0.16%
EPS NY rev (3m)0.15%
Revenue NQ rev (1m)-0.57%
Revenue NQ rev (3m)0.19%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)-0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.47 | ||
| Fwd PE | 18.05 | ||
| P/S | 3.05 | ||
| P/FCF | N/A | ||
| P/OCF | 7.98 | ||
| P/B | 1.87 | ||
| P/tB | 3.02 | ||
| EV/EBITDA | 11.63 |
EPS(TTM)6.29
EY5.14%
EPS(NY)6.78
Fwd EY5.54%
FCF(TTM)-0.72
FCFYN/A
OCF(TTM)15.36
OCFY12.54%
SpS40.21
BVpS65.44
TBVpS40.62
PEG (NY)2.33
PEG (5Y)6.24
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.51% | ||
| ROE | 9.34% | ||
| ROCE | 4.9% | ||
| ROIC | 4.31% | ||
| ROICexc | 4.32% | ||
| ROICexgc | 4.86% | ||
| OM | 26.86% | ||
| PM (TTM) | 15.2% | ||
| GM | 69.92% | ||
| FCFM | N/A |
ROA(3y)1.76%
ROA(5y)1.66%
ROE(3y)6.44%
ROE(5y)5.93%
ROIC(3y)3.87%
ROIC(5y)3.68%
ROICexc(3y)3.88%
ROICexc(5y)3.68%
ROICexgc(3y)4.39%
ROICexgc(5y)4.19%
ROCE(3y)4.42%
ROCE(5y)4.19%
ROICexcg growth 3Y7.33%
ROICexcg growth 5Y3.3%
ROICexc growth 3Y7.73%
ROICexc growth 5Y3.73%
OM growth 3Y3.31%
OM growth 5Y2.83%
PM growth 3Y-2.07%
PM growth 5Y-0.38%
GM growth 3Y-1.86%
GM growth 5Y-0.71%
F-Score7
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.62 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.36 | ||
| Cap/Depr | 179.19% | ||
| Cap/Sales | 39.99% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.65% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.42 | ||
| Altman-Z | 0.71 |
F-Score7
WACC6.43%
ROIC/WACC0.67
Cap/Depr(3y)197.67%
Cap/Depr(5y)189.03%
Cap/Sales(3y)41.11%
Cap/Sales(5y)40.86%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)3.62%
EPS 3Y4.1%
EPS 5Y3.12%
EPS Q2Q%5.93%
EPS Next Y8.36%
EPS Next 2Y7.23%
EPS Next 3Y7.15%
EPS Next 5Y7.06%
Revenue 1Y (TTM)4.07%
Revenue growth 3Y7.23%
Revenue growth 5Y3.89%
Sales Q2Q%4.68%
Revenue Next Year4.4%
Revenue Next 2Y3.85%
Revenue Next 3Y3.75%
Revenue Next 5Y4.55%
EBIT growth 1Y8.51%
EBIT growth 3Y10.78%
EBIT growth 5Y6.83%
EBIT Next Year86.23%
EBIT Next 3Y29.27%
EBIT Next 5Y21.89%
FCF growth 1Y91.77%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y110.34%
OCF growth 3Y14.14%
OCF growth 5Y8.47%