DT MIDSTREAM INC (DTM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DTM - US23345M1071 - Common Stock
120.48 USD
-0.07 (-0.06%)
120.48 USD
0 (0%)
Taking everything into account, DTM scores 4 out of 10 in our fundamental rating. DTM was compared to 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. While showing a medium growth rate, DTM is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
DTM had positive earnings in the past year.
In the past year DTM had a positive cash flow from operations.
In the past 5 years DTM has always been profitable.
DTM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 4.01%, DTM perfoms like the industry average, outperforming 57.62% of the companies in the same industry.
DTM has a Return On Equity (8.57%) which is comparable to the rest of the industry.
With a Return On Invested Capital value of 4.47%, DTM is not doing good in the industry: 60.95% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for DTM is significantly below the industry average of 21.18%.
The 3 year average ROIC (3.99%) for DTM is below the current ROIC(4.47%), indicating increased profibility in the last year.
| 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 90.95% of the companies in the same industry.
In the last couple of years the Profit Margin of DTM has declined.
With an excellent Operating Margin value of 48.60%, DTM belongs to the best of the industry, outperforming 91.43% of the companies in the same industry.
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.
Compared to 1 year ago, DTM has more shares outstanding
The number of shares outstanding for DTM has been increased compared to 5 years ago.
The debt/assets ratio for DTM has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.78, we must say that DTM is in the distress zone and has some risk of bankruptcy.
DTM has a better Altman-Z score (1.78) than 65.24% 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 58.10% 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.
DTM has a worse Debt to Equity ratio (0.71) than 61.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 7.02 | ||
| Altman-Z | 1.78 |
ROIC/WACC0.56
WACC7.96%
2.3 Liquidity
A Current Ratio of 0.92 indicates that DTM may have some problems paying its short term obligations.
DTM has a worse Current ratio (0.92) than 60.00% of its industry peers.
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.
With a Quick ratio value of 0.92, DTM perfoms like the industry average, outperforming 48.57% of the companies in the same industry.
| 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.
Looking at the last year, DTM shows a very strong growth in Revenue. The Revenue has grown by 20.39%.
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)-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
The Earnings Per Share is expected to grow by 13.42% 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 13.78% yearly.
EPS Next Y22.7%
EPS Next 2Y17.24%
EPS Next 3Y14.8%
EPS Next 5Y13.42%
Revenue Next Year26.08%
Revenue Next 2Y16.98%
Revenue Next 3Y13.81%
Revenue Next 5Y13.78%
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 stable.
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 30.42, which means the current valuation is very expensive for DTM.
Compared to the rest of the industry, the Price/Earnings ratio of DTM indicates a slightly more expensive valuation: DTM is more expensive than 62.38% of the companies listed in the same industry.
DTM's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.92.
The Price/Forward Earnings ratio is 24.35, which indicates a rather expensive current valuation of DTM.
DTM's Price/Forward Earnings is on the same level as the industry average.
DTM is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.42 | ||
| Fwd PE | 24.35 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DTM is valued a bit more expensive than 69.52% of the companies in the same industry.
DTM's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.9 | ||
| EV/EBITDA | 19.29 |
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 14.80% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.34
PEG (5Y)2.7
EPS Next 2Y17.24%
EPS Next 3Y14.8%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.72%, DTM has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.93, DTM has a dividend in line with its industry peers.
DTM's Dividend Yield is a higher than the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
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 2Y17.24%
EPS Next 3Y14.8%
120.48
-0.07 (-0.06%)
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 Cap12.25B
Revenue(TTM)1.18B
Net Income(TTM)403.00M
Analysts75
Price Target121.94 (1.21%)
Short Float %4.04%
Short Ratio5.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
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)2.6%
PT rev (3m)9.36%
EPS NQ rev (1m)0.83%
EPS NQ rev (3m)-0.19%
EPS NY rev (1m)1.12%
EPS NY rev (3m)1.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.16%
Revenue NY rev (1m)0.56%
Revenue NY rev (3m)0.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.42 | ||
| Fwd PE | 24.35 | ||
| P/S | 10.42 | ||
| P/FCF | 25.9 | ||
| P/OCF | 14.28 | ||
| P/B | 2.61 | ||
| P/tB | 5.99 | ||
| EV/EBITDA | 19.29 |
EPS(TTM)3.96
EY3.29%
EPS(NY)4.95
Fwd EY4.11%
FCF(TTM)4.65
FCFY3.86%
OCF(TTM)8.44
OCFY7%
SpS11.56
BVpS46.25
TBVpS20.1
PEG (NY)1.34
PEG (5Y)2.7
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 | 1.78 |
F-Score4
WACC7.96%
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 Y22.7%
EPS Next 2Y17.24%
EPS Next 3Y14.8%
EPS Next 5Y13.42%
Revenue 1Y (TTM)20.39%
Revenue growth 3Y5.31%
Revenue growth 5Y14.25%
Sales Q2Q%26.61%
Revenue Next Year26.08%
Revenue Next 2Y16.98%
Revenue Next 3Y13.81%
Revenue Next 5Y13.78%
EBIT growth 1Y15.12%
EBIT growth 3Y5.28%
EBIT growth 5Y13.29%
EBIT Next Year99.67%
EBIT Next 3Y31.61%
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 22.7% 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%.