DT MIDSTREAM INC (DTM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DTM - US23345M1071 - Common Stock
118.36 USD
-0.32 (-0.27%)
118.36 USD
0 (0%)
Overall DTM gets a fundamental rating of 4 out of 10. We evaluated DTM against 208 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 valied quite expensively at the moment, while 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.
DTM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
DTM's Return On Assets of 4.01% is in line compared to the rest of the industry. DTM outperforms 57.21% of its industry peers.
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: 60.58% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for DTM is significantly below the industry average of 21.83%.
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
DTM's Profit Margin of 34.30% is amongst the best of the industry. DTM outperforms 90.87% of its industry peers.
DTM's Profit Margin has declined in the last couple of years.
DTM has a Operating Margin of 48.60%. This is amongst the best in the industry. DTM outperforms 91.83% 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 1.76. This is a bad value and indicates that DTM is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of DTM (1.76) is better than 63.46% of its industry peers.
DTM has a debt to FCF ratio of 7.02. This is a slightly negative value and a sign of low solvency as DTM would need 7.02 years to pay back of all of its debts.
The Debt to FCF ratio of DTM (7.02) is comparable to the rest of the industry.
DTM has a Debt/Equity ratio of 0.71. This is a neutral value indicating DTM is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.71, DTM is doing worse than 60.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 7.02 | ||
| Altman-Z | 1.76 |
ROIC/WACC0.58
WACC7.75%
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 60.58% of its industry peers.
A Quick Ratio of 0.92 indicates that DTM may have some problems paying its short term obligations.
With a Quick ratio value of 0.92, DTM perfoms like the industry average, outperforming 48.08% 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.
The Revenue has grown by 20.39% in the past year. This is a very strong growth!
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
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.
The Revenue is expected to grow by 13.78% on average over the next years. This is quite good.
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
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 29.89.
Based on the Price/Earnings ratio, DTM is valued a bit more expensive than 62.50% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.19, DTM is valued at the same level.
A Price/Forward Earnings ratio of 23.92 indicates a rather expensive valuation of DTM.
DTM's Price/Forward Earnings ratio is in line with the industry average.
DTM is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.89 | ||
| Fwd PE | 23.92 |
4.2 Price Multiples
69.23% of the companies in the same industry are cheaper than DTM, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DTM is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.44 | ||
| EV/EBITDA | 19.02 |
4.3 Compensation for Growth
The 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)1.32
PEG (5Y)2.65
EPS Next 2Y17.24%
EPS Next 3Y14.8%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.76%, DTM has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.91, 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 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
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%
118.36
-0.32 (-0.27%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners89.44%
Inst Owner ChangeN/A
Ins Owners0.35%
Ins Owner Change12.03%
Market Cap12.03B
Revenue(TTM)1.18B
Net Income(TTM)403.00M
Analysts75
Price Target121.94 (3.02%)
Short Float %4.2%
Short Ratio5.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
Yearly Dividend2.83
Dividend Growth(5Y)N/A
DP77.42%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
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)1.47%
PT rev (3m)9.51%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.96%
EPS NY rev (1m)0.2%
EPS NY rev (3m)1.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.16%
Revenue NY rev (1m)-0.95%
Revenue NY rev (3m)0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.89 | ||
| Fwd PE | 23.92 | ||
| P/S | 10.24 | ||
| P/FCF | 25.44 | ||
| P/OCF | 14.03 | ||
| P/B | 2.56 | ||
| P/tB | 5.89 | ||
| EV/EBITDA | 19.02 |
EPS(TTM)3.96
EY3.35%
EPS(NY)4.95
Fwd EY4.18%
FCF(TTM)4.65
FCFY3.93%
OCF(TTM)8.44
OCFY7.13%
SpS11.56
BVpS46.25
TBVpS20.1
PEG (NY)1.32
PEG (5Y)2.65
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 | 1.76 |
F-Score4
WACC7.75%
ROIC/WACC0.58
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 5Y23.29%
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.
What is the valuation status for DTM stock?
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.
Can you provide the PE and PB ratios for DTM stock?
The Price/Earnings (PE) ratio for DT MIDSTREAM INC (DTM) is 29.89 and the Price/Book (PB) ratio is 2.56.
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.