DUKE ENERGY CORP (DUK) Stock Fundamental Analysis
USA - NYSE:DUK - US26441C2044 - Common Stock
121.08 USD
+0.69 (+0.57%)
121.08 USD
0 (0%)
Taking everything into account, DUK scores 3 out of 10 in our fundamental rating. DUK was compared to 48 industry peers in the Electric Utilities industry. DUK has a medium profitability rating, but doesn't score so well on its financial health evaluation. DUK is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
DUK had positive earnings in the past year.
DUK had a positive operating cash flow in the past year.
DUK had positive earnings in each of the past 5 years.
DUK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
DUK has a worse Return On Assets (2.51%) than 66.67% of its industry peers.
DUK has a Return On Equity (9.34%) which is in line with its industry peers.
DUK's Return On Invested Capital of 4.31% is in line compared to the rest of the industry. DUK outperforms 54.17% of its industry peers.
DUK had an Average Return On Invested Capital over the past 3 years of 3.87%. This is in line with the industry average of 5.39%.
The last Return On Invested Capital (4.31%) for DUK is above the 3 year average (3.87%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.51% | ||
| ROE | 9.34% | ||
| ROIC | 4.31% |
ROA(3y)1.76%
ROA(5y)1.66%
ROE(3y)6.44%
ROE(5y)5.93%
ROIC(3y)3.87%
ROIC(5y)3.68%
1.3 Margins
Looking at the Profit Margin, with a value of 15.20%, DUK is in the better half of the industry, outperforming 72.92% of the companies in the same industry.
DUK's Profit Margin has been stable in the last couple of years.
DUK has a Operating Margin of 26.86%. This is amongst the best in the industry. DUK outperforms 85.42% of its industry peers.
DUK's Operating Margin has improved in the last couple of years.
DUK has a Gross Margin of 69.92%. This is in the better half of the industry: DUK outperforms 64.58% of its industry peers.
In the last couple of years the Gross Margin of DUK has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.86% | ||
| PM (TTM) | 15.2% | ||
| GM | 69.92% |
OM growth 3Y3.31%
OM growth 5Y2.83%
PM growth 3Y-2.07%
PM growth 5Y-0.38%
GM growth 3Y-1.86%
GM growth 5Y-0.71%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DUK is destroying value.
DUK has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, DUK has more shares outstanding
DUK has a worse debt/assets ratio than last year.
2.2 Solvency
DUK has an Altman-Z score of 0.71. This is a bad value and indicates that DUK is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.71, DUK is doing worse than 68.75% of the companies in the same industry.
A Debt/Equity ratio of 1.62 is on the high side and indicates that DUK has dependencies on debt financing.
DUK has a worse Debt to Equity ratio (1.62) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.62 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.71 |
ROIC/WACC0.68
WACC6.37%
2.3 Liquidity
A Current Ratio of 0.66 indicates that DUK may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.66, DUK is doing worse than 72.92% of the companies in the same industry.
DUK has a Quick Ratio of 0.66. This is a bad value and indicates that DUK is not financially healthy enough and could expect problems in meeting its short term obligations.
DUK's Quick ratio of 0.42 is on the low side compared to the rest of the industry. DUK is outperformed by 85.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.42 |
3. Growth
3.1 Past
DUK shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.62%.
Measured over the past 5 years, DUK shows a small growth in Earnings Per Share. The EPS has been growing by 3.12% on average per year.
DUK shows a small growth in Revenue. In the last year, the Revenue has grown by 4.07%.
Measured over the past years, DUK shows a small growth in Revenue. The Revenue has been growing by 3.89% on average per year.
EPS 1Y (TTM)3.62%
EPS 3Y4.1%
EPS 5Y3.12%
EPS Q2Q%5.93%
Revenue 1Y (TTM)4.07%
Revenue growth 3Y7.23%
Revenue growth 5Y3.89%
Sales Q2Q%4.68%
3.2 Future
The Earnings Per Share is expected to grow by 7.06% on average over the next years.
Based on estimates for the next years, DUK will show a small growth in Revenue. The Revenue will grow by 4.55% on average per year.
EPS Next Y8.36%
EPS Next 2Y7.23%
EPS Next 3Y7.15%
EPS Next 5Y7.06%
Revenue Next Year4.63%
Revenue Next 2Y3.91%
Revenue Next 3Y3.69%
Revenue Next 5Y4.55%
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.
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
DUK is valuated rather expensively with a Price/Earnings ratio of 19.25.
DUK's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of DUK to the average of the S&P500 Index (27.38), we can say DUK is valued slightly cheaper.
DUK is valuated rather expensively with a Price/Forward Earnings ratio of 17.85.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DUK is on the same level as its industry peers.
DUK is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.25 | ||
| Fwd PE | 17.85 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as DUK.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.56 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of DUK may justify a higher PE ratio.
PEG (NY)2.3
PEG (5Y)6.17
EPS Next 2Y7.23%
EPS Next 3Y7.15%
5. Dividend
5.1 Amount
DUK has a Yearly Dividend Yield of 3.54%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.82, DUK has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, DUK pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.54% |
5.2 History
The dividend of DUK has a limited annual growth rate of 2.59%.
DUK has been paying a dividend for at least 10 years, so it has a reliable track record.
DUK has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.59%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
DUK pays out 68.02% of its income as dividend. This is not a sustainable payout ratio.
The dividend of DUK is growing, but earnings are growing more, so the dividend growth is sustainable.
DP68.02%
EPS Next 2Y7.23%
EPS Next 3Y7.15%
121.08
+0.69 (+0.57%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners68.82%
Inst Owner Change3.34%
Ins Owners0.05%
Ins Owner Change-0.25%
Market Cap94.15B
Analysts72.5
Price Target133.24 (10.04%)
Short Float %1.81%
Short Ratio4.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.54% |
Yearly Dividend4.15
Dividend Growth(5Y)2.59%
DP68.02%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.98%
Min EPS beat(2)5.29%
Max EPS beat(2)8.68%
EPS beat(4)2
Avg EPS beat(4)1.86%
Min EPS beat(4)-5.36%
Max EPS beat(4)8.68%
EPS beat(8)5
Avg EPS beat(8)2.84%
EPS beat(12)6
Avg EPS beat(12)0.58%
EPS beat(16)8
Avg EPS beat(16)0.66%
Revenue beat(2)2
Avg Revenue beat(2)2.21%
Min Revenue beat(2)1.39%
Max Revenue beat(2)3.03%
Revenue beat(4)3
Avg Revenue beat(4)1.02%
Min Revenue beat(4)-0.53%
Max Revenue beat(4)3.03%
Revenue beat(8)5
Avg Revenue beat(8)1.16%
Revenue beat(12)9
Avg Revenue beat(12)5.59%
Revenue beat(16)11
Avg Revenue beat(16)4.24%
PT rev (1m)1.87%
PT rev (3m)2.9%
EPS NQ rev (1m)-1.51%
EPS NQ rev (3m)-1.02%
EPS NY rev (1m)0%
EPS NY rev (3m)0.17%
Revenue NQ rev (1m)0.3%
Revenue NQ rev (3m)0.48%
Revenue NY rev (1m)0.23%
Revenue NY rev (3m)0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.25 | ||
| Fwd PE | 17.85 | ||
| P/S | 3.01 | ||
| P/FCF | N/A | ||
| P/OCF | 7.88 | ||
| P/B | 1.85 | ||
| P/tB | 2.98 | ||
| EV/EBITDA | 11.56 |
EPS(TTM)6.29
EY5.19%
EPS(NY)6.78
Fwd EY5.6%
FCF(TTM)-0.72
FCFYN/A
OCF(TTM)15.36
OCFY12.68%
SpS40.21
BVpS65.44
TBVpS40.62
PEG (NY)2.3
PEG (5Y)6.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.51% | ||
| ROE | 9.34% | ||
| ROCE | 4.9% | ||
| ROIC | 4.31% | ||
| ROICexc | 4.32% | ||
| ROICexgc | 4.86% | ||
| OM | 26.86% | ||
| PM (TTM) | 15.2% | ||
| GM | 69.92% | ||
| FCFM | N/A |
ROA(3y)1.76%
ROA(5y)1.66%
ROE(3y)6.44%
ROE(5y)5.93%
ROIC(3y)3.87%
ROIC(5y)3.68%
ROICexc(3y)3.88%
ROICexc(5y)3.68%
ROICexgc(3y)4.39%
ROICexgc(5y)4.19%
ROCE(3y)4.42%
ROCE(5y)4.19%
ROICexcg growth 3Y7.33%
ROICexcg growth 5Y3.3%
ROICexc growth 3Y7.73%
ROICexc growth 5Y3.73%
OM growth 3Y3.31%
OM growth 5Y2.83%
PM growth 3Y-2.07%
PM growth 5Y-0.38%
GM growth 3Y-1.86%
GM growth 5Y-0.71%
F-Score7
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.62 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.36 | ||
| Cap/Depr | 179.19% | ||
| Cap/Sales | 39.99% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.65% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.42 | ||
| Altman-Z | 0.71 |
F-Score7
WACC6.37%
ROIC/WACC0.68
Cap/Depr(3y)197.67%
Cap/Depr(5y)189.03%
Cap/Sales(3y)41.11%
Cap/Sales(5y)40.86%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)3.62%
EPS 3Y4.1%
EPS 5Y3.12%
EPS Q2Q%5.93%
EPS Next Y8.36%
EPS Next 2Y7.23%
EPS Next 3Y7.15%
EPS Next 5Y7.06%
Revenue 1Y (TTM)4.07%
Revenue growth 3Y7.23%
Revenue growth 5Y3.89%
Sales Q2Q%4.68%
Revenue Next Year4.63%
Revenue Next 2Y3.91%
Revenue Next 3Y3.69%
Revenue Next 5Y4.55%
EBIT growth 1Y8.51%
EBIT growth 3Y10.78%
EBIT growth 5Y6.83%
EBIT Next Year86.23%
EBIT Next 3Y29.27%
EBIT Next 5Y21.89%
FCF growth 1Y91.77%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y110.34%
OCF growth 3Y14.14%
OCF growth 5Y8.47%