DT MIDSTREAM INC (DTM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DTM - US23345M1071 - Common Stock
117.75 USD
-1.57 (-1.32%)
117.75 USD
0 (0%)
Overall DTM gets a fundamental rating of 4 out of 10. We evaluated DTM against 209 industry peers in the Oil, Gas & Consumable Fuels industry. While DTM is still in line with the averages on profitability rating, there are concerns on its financial health. DTM is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
DTM had positive earnings in the past year.
DTM had a positive operating cash flow in the past year.
DTM had positive earnings in each of the past 5 years.
In the past 5 years DTM always reported a positive cash flow from operatings.
1.2 Ratios
DTM's Return On Assets of 4.01% is in line compared to the rest of the industry. DTM outperforms 57.42% of its industry peers.
With a Return On Equity value of 8.57%, DTM perfoms like the industry average, outperforming 57.42% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.47%, DTM is doing worse than 61.72% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for DTM is significantly below the industry average of 20.87%.
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
With an excellent Profit Margin value of 34.30%, DTM belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
In the last couple of years the Profit Margin of DTM has declined.
The Operating Margin of DTM (48.60%) is better than 91.39% 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.
The number of shares outstanding for DTM has been increased compared to 1 year ago.
DTM has more shares outstanding than it did 5 years ago.
DTM has a better debt/assets ratio than last year.
2.2 Solvency
DTM has an Altman-Z score of 1.75. 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 (1.75) than 62.20% 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 has a Debt to FCF ratio of 7.02. This is comparable to the rest of the industry: DTM outperforms 58.37% 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.
The Debt to Equity ratio of DTM (0.71) is worse than 62.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 7.02 | ||
| Altman-Z | 1.75 |
ROIC/WACC0.56
WACC7.97%
2.3 Liquidity
DTM has a Current Ratio of 0.92. This is a bad value and indicates that DTM is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.92, DTM is not doing good in the industry: 60.29% of the companies in the same industry are doing better.
DTM has a Quick Ratio of 0.92. This is a bad value and indicates that DTM is not financially healthy enough and could expect problems in meeting its short term obligations.
DTM's Quick ratio of 0.92 is in line compared to the rest of the industry. DTM outperforms 48.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.92 |
3. Growth
3.1 Past
The earnings per share for DTM have decreased by -3.65% in the last year.
The Earnings Per Share has been growing by 11.26% on average over the past years. This is quite good.
DTM shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.39%.
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 13.42% on average per year.
DTM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.78% yearly.
EPS Next Y22.46%
EPS Next 2Y17.18%
EPS Next 3Y14.65%
EPS Next 5Y13.42%
Revenue Next Year27.29%
Revenue Next 2Y17.63%
Revenue Next 3Y14.4%
Revenue Next 5Y13.78%
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.
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 29.73, which means the current valuation is very expensive for DTM.
Based on the Price/Earnings ratio, DTM is valued a bit more expensive than the industry average as 62.20% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 26.59, DTM is valued at the same level.
DTM is valuated rather expensively with a Price/Forward Earnings ratio of 23.82.
DTM's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of DTM to the average of the S&P500 Index (23.80), we can say DTM is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.73 | ||
| Fwd PE | 23.82 |
4.2 Price Multiples
69.38% of the companies in the same industry are cheaper than DTM, based on the Enterprise Value to EBITDA ratio.
DTM's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.31 | ||
| EV/EBITDA | 18.95 |
4.3 Compensation for Growth
DTM's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
DTM's earnings are expected to grow with 14.65% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.32
PEG (5Y)2.64
EPS Next 2Y17.18%
EPS Next 3Y14.65%
5. Dividend
5.1 Amount
DTM has a Yearly Dividend Yield of 2.70%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.71, DTM has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, DTM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.7% |
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 2Y17.18%
EPS Next 3Y14.65%
117.75
-1.57 (-1.32%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners89.1%
Inst Owner ChangeN/A
Ins Owners0.35%
Ins Owner Change12.03%
Market Cap11.97B
Revenue(TTM)1.18B
Net Income(TTM)403.00M
Analysts75
Price Target120.17 (2.06%)
Short Float %4.01%
Short Ratio4.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.7% |
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)3.47%
PT rev (3m)7.77%
EPS NQ rev (1m)2.18%
EPS NQ rev (3m)-0.71%
EPS NY rev (1m)0.92%
EPS NY rev (3m)1.23%
Revenue NQ rev (1m)0.98%
Revenue NQ rev (3m)-0.16%
Revenue NY rev (1m)1.52%
Revenue NY rev (3m)1.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.73 | ||
| Fwd PE | 23.82 | ||
| P/S | 10.19 | ||
| P/FCF | 25.31 | ||
| P/OCF | 13.95 | ||
| P/B | 2.55 | ||
| P/tB | 5.86 | ||
| EV/EBITDA | 18.95 |
EPS(TTM)3.96
EY3.36%
EPS(NY)4.94
Fwd EY4.2%
FCF(TTM)4.65
FCFY3.95%
OCF(TTM)8.44
OCFY7.17%
SpS11.56
BVpS46.25
TBVpS20.1
PEG (NY)1.32
PEG (5Y)2.64
Graham Number64.19
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 | 1.75 |
F-Score4
WACC7.97%
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 Y22.46%
EPS Next 2Y17.18%
EPS Next 3Y14.65%
EPS Next 5Y13.42%
Revenue 1Y (TTM)20.39%
Revenue growth 3Y5.31%
Revenue growth 5Y14.25%
Sales Q2Q%26.61%
Revenue Next Year27.29%
Revenue Next 2Y17.63%
Revenue Next 3Y14.4%
Revenue Next 5Y13.78%
EBIT growth 1Y15.12%
EBIT growth 3Y5.28%
EBIT growth 5Y13.29%
EBIT Next Year99.67%
EBIT Next 3Y31.71%
EBIT Next 5Y22.13%
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 22.46% 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%.