DTE ENERGY COMPANY (DTE)
US2333311072 - Common Stock
Overall DTE gets a fundamental rating of 4 out of 10. We evaluated DTE against 25 industry peers in the Multi-Utilities industry. DTE has a medium profitability rating, but doesn't score so well on its financial health evaluation. DTE has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year DTE was profitable.
DTE had a positive operating cash flow in the past year.
Each year in the past 5 years DTE has been profitable.
Each year in the past 5 years DTE had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.07%, DTE is in the better half of the industry, outperforming 76.00% of the companies in the same industry.
DTE's Return On Equity of 13.17% is amongst the best of the industry. DTE outperforms 88.00% of its industry peers.
DTE has a Return On Invested Capital of 3.98%. This is in the better half of the industry: DTE outperforms 64.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DTE is in line with the industry average of 3.68%.
The last Return On Invested Capital (3.98%) for DTE is above the 3 year average (3.85%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.07% | ||
| ROE | 13.17% | ||
| ROIC | 3.98% |
ROA(3y)2.64%
ROA(5y)2.74%
ROE(3y)11.13%
ROE(5y)10.88%
ROIC(3y)3.85%
ROIC(5y)3.75%
1.3 Margins
With a Profit Margin value of 12.30%, DTE is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
DTE's Profit Margin has improved in the last couple of years.
DTE has a Operating Margin of 17.87%. This is amonst the worse of the industry: DTE underperforms 88.00% of its industry peers.
In the last couple of years the Operating Margin of DTE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.87% | ||
| PM (TTM) | 12.3% | ||
| GM | N/A |
OM growth 3Y2.22%
OM growth 5Y7.99%
PM growth 3Y-0.84%
PM growth 5Y6.81%
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), DTE is destroying value.
DTE has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, DTE has more shares outstanding
The debt/assets ratio for DTE is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.90, we must say that DTE is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of DTE (0.90) is better than 64.00% of its industry peers.
A Debt/Equity ratio of 1.85 is on the high side and indicates that DTE has dependencies on debt financing.
With a Debt to Equity ratio value of 1.85, DTE is not doing good in the industry: 72.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.85 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.9 |
ROIC/WACC0.63
WACC6.3%
2.3 Liquidity
DTE has a Current Ratio of 0.83. This is a bad value and indicates that DTE is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of DTE (0.83) is comparable to the rest of the industry.
A Quick Ratio of 0.62 indicates that DTE may have some problems paying its short term obligations.
DTE has a worse Quick ratio (0.62) than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
DTE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 43.79%, which is quite impressive.
The Earnings Per Share has been decreasing by -1.91% on average over the past years.
The Revenue for DTE has decreased by -10.21% in the past year. This is quite bad
The Revenue has been decreasing by -2.16% on average over the past years.
EPS 1Y (TTM)43.79%
EPS 3Y-7.29%
EPS 5Y-1.91%
EPS Q2Q%54.17%
Revenue 1Y (TTM)-10.21%
Revenue growth 3Y1.53%
Revenue growth 5Y-2.16%
Sales Q2Q%0.62%
3.2 Future
Based on estimates for the next years, DTE will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.43% on average per year.
The Revenue is expected to decrease by -1.43% on average over the next years.
EPS Next Y18.75%
EPS Next 2Y12.7%
EPS Next 3Y11.03%
EPS Next 5Y9.43%
Revenue Next Year-21.79%
Revenue Next 2Y-10.63%
Revenue Next 3Y-6.03%
Revenue Next 5Y-1.43%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.12, which indicates a correct valuation of DTE.
DTE's Price/Earnings is on the same level as the industry average.
DTE's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.83.
With a Price/Forward Earnings ratio of 16.15, DTE is valued correctly.
The rest of the industry has a similar Price/Forward Earnings ratio as DTE.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.65, DTE is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.12 | ||
| Fwd PE | 16.15 |
4.2 Price Multiples
DTE's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.6 |
4.3 Compensation for Growth
DTE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
DTE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.86
PEG (5Y)N/A
EPS Next 2Y12.7%
EPS Next 3Y11.03%
5. Dividend
5.1 Amount
DTE has a Yearly Dividend Yield of 3.61%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.08, DTE pays a bit more dividend than its industry peers.
DTE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
5.2 History
The dividend of DTE has a limited annual growth rate of 1.23%.
DTE has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of DTE decreased recently.
Dividend Growth(5Y)1.23%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
DTE pays out 52.06% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of DTE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP52.06%
EPS Next 2Y12.7%
EPS Next 3Y11.03%
DTE ENERGY COMPANY
NYSE:DTE (12/18/2024, 7:08:11 PM)
After market: 117.53 0 (0%)117.53
-3.17 (-2.63%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap24.34B
Analysts
Price Target
Short Float %
Short Ratio
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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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 | 16.12 | ||
| Fwd PE | 16.15 | ||
| 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)0.86
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.07% | ||
| ROE | 13.17% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 17.87% | ||
| PM (TTM) | 12.3% | ||
| 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 Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.85 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.62 | ||
| 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)
High Growth Momentum
Growth
EPS 1Y (TTM)43.79%
EPS 3Y-7.29%
EPS 5Y
EPS Q2Q%
EPS Next Y18.75%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-10.21%
Revenue growth 3Y1.53%
Revenue growth 5Y
Sales 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