Uncovering Dividend Opportunities with NYSE:TTE.

Last update: Jun 21, 2024

Take a closer look at TOTALENERGIES SE -SPON ADR (NYSE:TTE), a stock of interest to dividend investors uncovered by our stock screener. NYSE:TTE excels in fundamentals and provides a decent dividend, all while maintaining a reasonable valuation. Let's break it down further.

How We Gauge Dividend for NYSE:TTE

ChartMill assigns a proprietary Dividend Rating to each stock. The score is computed by evaluating various valuation aspects, like the yield, the history, the dividend growth and sustainability. NYSE:TTE was assigned a score of 7 for dividend:

TTE has a Yearly Dividend Yield of 4.83%, which is a nice return.
TTE's Dividend Yield is a higher than the industry average which is at 6.19.
TTE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
On average, the dividend of TTE grows each year by 10.18%, which is quite nice.
TTE has been paying a dividend for at least 10 years, so it has a reliable track record.
TTE pays out 35.63% of its income as dividend. This is a sustainable payout ratio.

Assessing Health for NYSE:TTE

ChartMill employs its own Health Rating for stock assessment. This rating, ranging from 0 to 10, is calculated by examining various liquidity and solvency ratios. In the case of NYSE:TTE, the assigned 5 reflects its health status:

TTE has a debt to FCF ratio of 2.60. This is a good value and a sign of high solvency as TTE would need 2.60 years to pay back of all of its debts.
TTE's Debt to FCF ratio of 2.60 is fine compared to the rest of the industry. TTE outperforms 72.51% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that TTE is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.32, TTE is in the better half of the industry, outperforming 61.14% of the companies in the same industry.

Profitability Insights: NYSE:TTE

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:TTE has earned a 6 out of 10:

The Return On Equity of TTE (17.95%) is better than 60.19% of its industry peers.
TTE has a better Return On Invested Capital (13.90%) than 75.83% of its industry peers.
The last Return On Invested Capital (13.90%) for TTE is above the 3 year average (13.67%), which is a sign of increasing profitability.
TTE's Profit Margin has improved in the last couple of years.
In the last couple of years the Operating Margin of TTE has grown nicely.
In the last couple of years the Gross Margin of TTE has grown nicely.

Every day, new Best Dividend stocks can be found on ChartMill in our Best Dividend screener.

Check the latest full fundamental report of TTE for a complete fundamental analysis.

Keep in mind

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.