DT MIDSTREAM INC (DTM) Stock Fundamental Analysis
USA - NYSE:DTM - US23345M1071 - Common Stock
106.42 USD
-0.12 (-0.11%)
106.42 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. DTM has a medium profitability rating, but doesn't score so well on its financial health evaluation. DTM is quite expensive at the moment. 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.
In the past 5 years DTM has always been profitable.
In the past 5 years DTM always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 3.78%, DTM perfoms like the industry average, outperforming 54.55% of the companies in the same industry.
DTM's Return On Equity of 8.05% is in line compared to the rest of the industry. DTM outperforms 53.59% of its industry peers.
With a Return On Invested Capital value of 4.24%, DTM is not doing good in the industry: 61.24% of the companies in the same industry are doing better.
DTM had an Average Return On Invested Capital over the past 3 years of 3.99%. This is significantly below the industry average of 21.71%.
The last Return On Invested Capital (4.24%) for DTM is above the 3 year average (3.99%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.78% | ||
| ROE | 8.05% | ||
| ROIC | 4.24% |
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
DTM's Profit Margin of 33.90% is amongst the best of the industry. DTM outperforms 89.47% of its industry peers.
In the last couple of years the Profit Margin of DTM has declined.
DTM's Operating Margin of 48.51% is amongst the best of the industry. DTM outperforms 91.39% of its industry peers.
DTM's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 48.51% | ||
| PM (TTM) | 33.9% | ||
| 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.
The debt/assets ratio for DTM has been reduced compared to a year ago.
2.2 Solvency
DTM has an Altman-Z score of 1.62. This is a bad value and indicates that DTM is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.62, DTM perfoms like the industry average, outperforming 58.85% of the companies in the same industry.
DTM has a debt to FCF ratio of 7.18. This is a slightly negative value and a sign of low solvency as DTM would need 7.18 years to pay back of all of its debts.
The Debt to FCF ratio of DTM (7.18) is comparable to the rest of the industry.
DTM has a Debt/Equity ratio of 0.72. This is a neutral value indicating DTM is somewhat dependend on debt financing.
DTM has a worse Debt to Equity ratio (0.72) than 61.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 7.18 | ||
| Altman-Z | 1.62 |
ROIC/WACC0.54
WACC7.82%
2.3 Liquidity
DTM has a Current Ratio of 0.88. 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 Current ratio of 0.88 is on the low side compared to the rest of the industry. DTM is outperformed by 61.24% of its industry peers.
A Quick Ratio of 0.88 indicates that DTM may have some problems paying its short term obligations.
DTM has a Quick ratio (0.88) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
DTM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.12%.
Measured over the past years, DTM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.26% on average per year.
The Revenue has grown by 15.28% in the past year. This is quite good.
Measured over the past years, DTM shows a quite strong growth in Revenue. The Revenue has been growing by 14.25% on average per year.
EPS 1Y (TTM)-10.12%
EPS 3Y4.31%
EPS 5Y11.26%
EPS Q2Q%6.12%
Revenue 1Y (TTM)15.28%
Revenue growth 3Y5.31%
Revenue growth 5Y14.25%
Sales Q2Q%26.64%
3.2 Future
The Earnings Per Share is expected to grow by 9.53% on average over the next years. This is quite good.
DTM is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.89% yearly.
EPS Next Y21.1%
EPS Next 2Y16.19%
EPS Next 3Y14.31%
EPS Next 5Y9.53%
Revenue Next Year25.08%
Revenue Next 2Y16.51%
Revenue Next 3Y13.89%
Revenue Next 5YN/A
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
DTM is valuated quite expensively with a Price/Earnings ratio of 28.53.
60.77% of the companies in the same industry are cheaper than DTM, based on the Price/Earnings ratio.
DTM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.83.
The Price/Forward Earnings ratio is 21.90, which indicates a rather expensive current 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 22.88, DTM is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.53 | ||
| Fwd PE | 21.9 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DTM is valued a bit more expensive than the industry average as 68.90% of the companies are valued more cheaply.
DTM's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.2 | ||
| EV/EBITDA | 18.49 |
4.3 Compensation for Growth
DTM's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as DTM's earnings are expected to grow with 14.31% in the coming years.
PEG (NY)1.35
PEG (5Y)2.53
EPS Next 2Y16.19%
EPS Next 3Y14.31%
5. Dividend
5.1 Amount
DTM has a Yearly Dividend Yield of 3.01%.
Compared to an average industry Dividend Yield of 6.15, DTM has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.30, DTM pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.01% |
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 79.79% of its income as dividend. This is not a sustainable payout ratio.
DP79.79%
EPS Next 2Y16.19%
EPS Next 3Y14.31%
106.42
-0.12 (-0.11%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners87.59%
Inst Owner ChangeN/A
Ins Owners0.35%
Ins Owner Change12.5%
Market Cap10.81B
Revenue(TTM)1.11B
Net Income(TTM)376.00M
Analysts73.68
Price Target111.35 (4.63%)
Short Float %3.7%
Short Ratio4.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.01% |
Yearly Dividend2.83
Dividend Growth(5Y)N/A
DP79.79%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.07%
Min EPS beat(2)-3.67%
Max EPS beat(2)1.53%
EPS beat(4)1
Avg EPS beat(4)-6.33%
Min EPS beat(4)-18.87%
Max EPS beat(4)1.53%
EPS beat(8)5
Avg EPS beat(8)2.44%
EPS beat(12)7
Avg EPS beat(12)0.63%
EPS beat(16)8
Avg EPS beat(16)-0.41%
Revenue beat(2)2
Avg Revenue beat(2)3.29%
Min Revenue beat(2)3.21%
Max Revenue beat(2)3.37%
Revenue beat(4)3
Avg Revenue beat(4)1.4%
Min Revenue beat(4)-3.07%
Max Revenue beat(4)3.37%
Revenue beat(8)6
Avg Revenue beat(8)1.29%
Revenue beat(12)8
Avg Revenue beat(12)-0.34%
Revenue beat(16)10
Avg Revenue beat(16)-0.41%
PT rev (1m)-0.13%
PT rev (3m)1.44%
EPS NQ rev (1m)-1.34%
EPS NQ rev (3m)-3.27%
EPS NY rev (1m)-0.27%
EPS NY rev (3m)-1.05%
Revenue NQ rev (1m)-1.37%
Revenue NQ rev (3m)-0.02%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)1.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.53 | ||
| Fwd PE | 21.9 | ||
| P/S | 9.75 | ||
| P/FCF | 23.2 | ||
| P/OCF | 13.7 | ||
| P/B | 2.31 | ||
| P/tB | 5.41 | ||
| EV/EBITDA | 18.49 |
EPS(TTM)3.73
EY3.5%
EPS(NY)4.86
Fwd EY4.57%
FCF(TTM)4.59
FCFY4.31%
OCF(TTM)7.77
OCFY7.3%
SpS10.92
BVpS46
TBVpS19.69
PEG (NY)1.35
PEG (5Y)2.53
Graham Number62.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.78% | ||
| ROE | 8.05% | ||
| ROCE | 5.59% | ||
| ROIC | 4.24% | ||
| ROICexc | 4.27% | ||
| ROICexgc | 5.92% | ||
| OM | 48.51% | ||
| PM (TTM) | 33.9% | ||
| GM | N/A | ||
| FCFM | 42.02% |
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-Score6
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 7.18 | ||
| Debt/EBITDA | 4.4 | ||
| Cap/Depr | 144.84% | ||
| Cap/Sales | 29.13% | ||
| Interest Coverage | 3.79 | ||
| Cash Conversion | 103.68% | ||
| Profit Quality | 123.94% | ||
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | 1.62 |
F-Score6
WACC7.82%
ROIC/WACC0.54
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)-10.12%
EPS 3Y4.31%
EPS 5Y11.26%
EPS Q2Q%6.12%
EPS Next Y21.1%
EPS Next 2Y16.19%
EPS Next 3Y14.31%
EPS Next 5Y9.53%
Revenue 1Y (TTM)15.28%
Revenue growth 3Y5.31%
Revenue growth 5Y14.25%
Sales Q2Q%26.64%
Revenue Next Year25.08%
Revenue Next 2Y16.51%
Revenue Next 3Y13.89%
Revenue Next 5YN/A
EBIT growth 1Y8.25%
EBIT growth 3Y5.28%
EBIT growth 5Y13.29%
EBIT Next Year99.49%
EBIT Next 3Y31.64%
EBIT Next 5Y21.53%
FCF growth 1Y1403.23%
FCF growth 3Y-1.49%
FCF growth 5Y18.2%
OCF growth 1Y7.35%
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 21.1% 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 79.79%.