XCEL ENERGY INC (XEL) Stock Fundamental Analysis
USA - NASDAQ:XEL - US98389B1008 - Common Stock
79.49 USD
-0.18 (-0.23%)
79.51 USD
+0.02 (+0.03%)
Taking everything into account, XEL scores 3 out of 10 in our fundamental rating. XEL was compared to 46 industry peers in the Electric Utilities industry. While XEL is still in line with the averages on profitability rating, there are concerns on its financial health. XEL is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
XEL had positive earnings in the past year.
XEL had a positive operating cash flow in the past year.
In the past 5 years XEL has always been profitable.
XEL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of XEL (2.42%) is worse than 69.57% of its industry peers.
With a Return On Equity value of 9.04%, XEL is not doing good in the industry: 65.22% of the companies in the same industry are doing better.
XEL has a Return On Invested Capital of 2.84%. This is amonst the worse of the industry: XEL underperforms 86.96% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for XEL is in line with the industry average of 5.00%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.42% | ||
| ROE | 9.04% | ||
| ROIC | 2.84% |
ROA(3y)2.79%
ROA(5y)2.77%
ROE(3y)10.13%
ROE(5y)10.14%
ROIC(3y)3.27%
ROIC(5y)3.27%
1.3 Margins
XEL has a Profit Margin (13.46%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of XEL has grown nicely.
Looking at the Operating Margin, with a value of 18.53%, XEL is doing worse than 65.22% of the companies in the same industry.
XEL's Operating Margin has been stable in the last couple of years.
XEL has a Gross Margin of 92.94%. This is amongst the best in the industry. XEL outperforms 95.65% of its industry peers.
In the last couple of years the Gross Margin of XEL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.53% | ||
| PM (TTM) | 13.46% | ||
| GM | 92.94% |
OM growth 3Y2.67%
OM growth 5Y-0.62%
PM growth 3Y6.6%
PM growth 5Y3.89%
GM growth 3Y0.42%
GM growth 5Y0.25%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so XEL is destroying value.
XEL has more shares outstanding than it did 1 year ago.
The number of shares outstanding for XEL has been increased compared to 5 years ago.
The debt/assets ratio for XEL is higher compared to a year ago.
2.2 Solvency
XEL has an Altman-Z score of 0.91. This is a bad value and indicates that XEL is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.91, XEL is in line with its industry, outperforming 50.00% of the companies in the same industry.
XEL has a Debt/Equity ratio of 1.64. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.64, XEL is not doing good in the industry: 65.22% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.64 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.91 |
ROIC/WACC0.42
WACC6.71%
2.3 Liquidity
XEL has a Current Ratio of 0.79. This is a bad value and indicates that XEL is not financially healthy enough and could expect problems in meeting its short term obligations.
XEL has a Current ratio (0.79) which is comparable to the rest of the industry.
XEL has a Quick Ratio of 0.79. This is a bad value and indicates that XEL is not financially healthy enough and could expect problems in meeting its short term obligations.
XEL has a Quick ratio (0.69) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 2.82% over the past year.
The Earnings Per Share has been growing slightly by 5.68% on average over the past years.
XEL shows a small growth in Revenue. In the last year, the Revenue has grown by 3.38%.
XEL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.12% yearly.
EPS 1Y (TTM)2.82%
EPS 3Y5.54%
EPS 5Y5.68%
EPS Q2Q%-0.8%
Revenue 1Y (TTM)3.38%
Revenue growth 3Y0.02%
Revenue growth 5Y3.12%
Sales Q2Q%7.44%
3.2 Future
XEL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.76% yearly.
Based on estimates for the next years, XEL will show a small growth in Revenue. The Revenue will grow by 5.54% on average per year.
EPS Next Y10.81%
EPS Next 2Y9.35%
EPS Next 3Y9.32%
EPS Next 5Y8.76%
Revenue Next Year2.38%
Revenue Next 2Y4.82%
Revenue Next 3Y5.52%
Revenue Next 5Y5.54%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.84 indicates a rather expensive valuation of XEL.
XEL's Price/Earnings ratio is a bit more expensive when compared to the industry. XEL is more expensive than 73.91% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.07, XEL is valued at the same level.
XEL is valuated rather expensively with a Price/Forward Earnings ratio of 19.10.
63.04% of the companies in the same industry are cheaper than XEL, based on the Price/Forward Earnings ratio.
XEL's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 34.08.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.84 | ||
| Fwd PE | 19.1 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, XEL is valued a bit more expensive than the industry average as 71.74% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.97 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates XEL does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.02
PEG (5Y)3.84
EPS Next 2Y9.35%
EPS Next 3Y9.32%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.84%, XEL has a reasonable but not impressive dividend return.
XEL's Dividend Yield is comparable with the industry average which is at 3.77.
Compared to an average S&P500 Dividend Yield of 2.44, XEL has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
5.2 History
On average, the dividend of XEL grows each year by 6.45%, which is quite nice.
XEL has paid a dividend for at least 10 years, which is a reliable track record.
XEL has decreased its dividend recently.
Dividend Growth(5Y)6.45%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
XEL pays out 65.69% of its income as dividend. This is not a sustainable payout ratio.
The dividend of XEL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP65.69%
EPS Next 2Y9.35%
EPS Next 3Y9.32%
79.49
-0.18 (-0.23%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners90.66%
Inst Owner Change4.76%
Ins Owners0.14%
Ins Owner Change0.35%
Market Cap47.01B
Revenue(TTM)14.23B
Net Income(TTM)1.92B
Analysts82.61
Price Target87.53 (10.11%)
Short Float %3.7%
Short Ratio4.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
Yearly Dividend2.08
Dividend Growth(5Y)6.45%
DP65.69%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.85%
Min EPS beat(2)-6.97%
Max EPS beat(2)14.67%
EPS beat(4)1
Avg EPS beat(4)-2.52%
Min EPS beat(4)-9.55%
Max EPS beat(4)14.67%
EPS beat(8)3
Avg EPS beat(8)-0.53%
EPS beat(12)5
Avg EPS beat(12)-1.25%
EPS beat(16)6
Avg EPS beat(16)-1.19%
Revenue beat(2)1
Avg Revenue beat(2)0.5%
Min Revenue beat(2)-0.38%
Max Revenue beat(2)1.39%
Revenue beat(4)1
Avg Revenue beat(4)-4.7%
Min Revenue beat(4)-18.13%
Max Revenue beat(4)1.39%
Revenue beat(8)1
Avg Revenue beat(8)-7.88%
Revenue beat(12)3
Avg Revenue beat(12)-4.13%
Revenue beat(16)7
Avg Revenue beat(16)-0.72%
PT rev (1m)6.16%
PT rev (3m)11.65%
EPS NQ rev (1m)12.89%
EPS NQ rev (3m)4.89%
EPS NY rev (1m)0.03%
EPS NY rev (3m)0.16%
Revenue NQ rev (1m)4%
Revenue NQ rev (3m)1.28%
Revenue NY rev (1m)-0.59%
Revenue NY rev (3m)-1.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.84 | ||
| Fwd PE | 19.1 | ||
| P/S | 3.3 | ||
| P/FCF | N/A | ||
| P/OCF | 10.36 | ||
| P/B | 2.22 | ||
| P/tB | 2.22 | ||
| EV/EBITDA | 13.97 |
EPS(TTM)3.64
EY4.58%
EPS(NY)4.16
Fwd EY5.23%
FCF(TTM)-8.71
FCFYN/A
OCF(TTM)7.67
OCFY9.65%
SpS24.06
BVpS35.81
TBVpS35.81
PEG (NY)2.02
PEG (5Y)3.84
Graham Number54.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.42% | ||
| ROE | 9.04% | ||
| ROCE | 3.66% | ||
| ROIC | 2.84% | ||
| ROICexc | 2.88% | ||
| ROICexgc | 2.88% | ||
| OM | 18.53% | ||
| PM (TTM) | 13.46% | ||
| GM | 92.94% | ||
| FCFM | N/A |
ROA(3y)2.79%
ROA(5y)2.77%
ROE(3y)10.13%
ROE(5y)10.14%
ROIC(3y)3.27%
ROIC(5y)3.27%
ROICexc(3y)3.28%
ROICexc(5y)3.28%
ROICexgc(3y)3.28%
ROICexgc(5y)3.28%
ROCE(3y)4.2%
ROCE(5y)4.2%
ROICexgc growth 3Y-3.22%
ROICexgc growth 5Y-4%
ROICexc growth 3Y-3.22%
ROICexc growth 5Y-4%
OM growth 3Y2.67%
OM growth 5Y-0.62%
PM growth 3Y6.6%
PM growth 5Y3.89%
GM growth 3Y0.42%
GM growth 5Y0.25%
F-Score4
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.64 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.1 | ||
| Cap/Depr | 318.86% | ||
| Cap/Sales | 68.08% | ||
| Interest Coverage | 2.25 | ||
| Cash Conversion | 79.96% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.79 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 0.91 |
F-Score4
WACC6.71%
ROIC/WACC0.42
Cap/Depr(3y)221.93%
Cap/Depr(5y)222.34%
Cap/Sales(3y)42.1%
Cap/Sales(5y)40.89%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.82%
EPS 3Y5.54%
EPS 5Y5.68%
EPS Q2Q%-0.8%
EPS Next Y10.81%
EPS Next 2Y9.35%
EPS Next 3Y9.32%
EPS Next 5Y8.76%
Revenue 1Y (TTM)3.38%
Revenue growth 3Y0.02%
Revenue growth 5Y3.12%
Sales Q2Q%7.44%
Revenue Next Year2.38%
Revenue Next 2Y4.82%
Revenue Next 3Y5.52%
Revenue Next 5Y5.54%
EBIT growth 1Y-1.86%
EBIT growth 3Y2.7%
EBIT growth 5Y2.48%
EBIT Next Year112.39%
EBIT Next 3Y38.49%
EBIT Next 5Y25.6%
FCF growth 1Y-1083.68%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-11.33%
OCF growth 3Y28.47%
OCF growth 5Y7.3%
XCEL ENERGY INC / XEL FAQ
Can you provide the ChartMill fundamental rating for XCEL ENERGY INC?
ChartMill assigns a fundamental rating of 3 / 10 to XEL.
What is the valuation status of XCEL ENERGY INC (XEL) stock?
ChartMill assigns a valuation rating of 1 / 10 to XCEL ENERGY INC (XEL). This can be considered as Overvalued.
How profitable is XCEL ENERGY INC (XEL) stock?
XCEL ENERGY INC (XEL) has a profitability rating of 4 / 10.
How financially healthy is XCEL ENERGY INC?
The financial health rating of XCEL ENERGY INC (XEL) is 1 / 10.
Can you provide the dividend sustainability for XEL stock?
The dividend rating of XCEL ENERGY INC (XEL) is 5 / 10 and the dividend payout ratio is 65.69%.