XCEL ENERGY INC (XEL) Stock Fundamental Analysis
USA - NASDAQ:XEL - US98389B1008 - Common Stock
81.16 USD
+0.76 (+0.95%)
81.16 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to XEL. XEL was compared to 47 industry peers in the Electric Utilities industry. There are concerns on the financial health of XEL while its profitability can be described as average. XEL is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year XEL was profitable.
XEL had a positive operating cash flow in the past year.
Each year in the past 5 years XEL has been profitable.
In the past 5 years XEL always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 2.42%, XEL is not doing good in the industry: 70.21% of the companies in the same industry are doing better.
XEL's Return On Equity of 9.04% is on the low side compared to the rest of the industry. XEL is outperformed by 61.70% of its industry peers.
XEL has a worse Return On Invested Capital (2.84%) than 85.11% 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 5.02%.
| 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
Looking at the Profit Margin, with a value of 13.46%, XEL is in line with its industry, outperforming 51.06% of the companies in the same industry.
XEL's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 18.53%, XEL is not doing good in the industry: 63.83% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of XEL has remained more or less at the same level.
XEL has a better Gross Margin (92.94%) than 97.87% of its industry peers.
XEL's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), XEL is destroying value.
The number of shares outstanding for XEL has been increased compared to 1 year ago.
XEL has more shares outstanding than it did 5 years ago.
XEL has a worse debt/assets ratio than last year.
2.2 Solvency
XEL has an Altman-Z score of 0.92. This is a bad value and indicates that XEL is not financially healthy and even has some risk of bankruptcy.
XEL's Altman-Z score of 0.92 is in line compared to the rest of the industry. XEL outperforms 48.94% of its industry peers.
A Debt/Equity ratio of 1.64 is on the high side and indicates that XEL has dependencies on debt financing.
XEL has a worse Debt to Equity ratio (1.64) than 65.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.64 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.92 |
ROIC/WACC0.42
WACC6.74%
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.
A Quick Ratio of 0.69 indicates that XEL may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.69, XEL is in line with its industry, outperforming 53.19% of the companies in the same industry.
| 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.
Measured over the past 5 years, XEL shows a small growth in Earnings Per Share. The EPS has been growing by 5.68% on average per year.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 22.30, the valuation of XEL can be described as rather expensive.
74.47% of the companies in the same industry are cheaper than XEL, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of XEL to the average of the S&P500 Index (26.35), we can say XEL is valued inline with the index average.
XEL is valuated rather expensively with a Price/Forward Earnings ratio of 19.51.
68.09% of the companies in the same industry are cheaper than XEL, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of XEL to the average of the S&P500 Index (33.72), we can say XEL is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.3 | ||
| Fwd PE | 19.51 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of XEL indicates a slightly more expensive valuation: XEL is more expensive than 74.47% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.15 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.06
PEG (5Y)3.93
EPS Next 2Y9.35%
EPS Next 3Y9.32%
5. Dividend
5.1 Amount
XEL has a Yearly Dividend Yield of 2.84%.
XEL's Dividend Yield is comparable with the industry average which is at 3.23.
XEL's Dividend Yield is a higher than the S&P500 average which is at 2.36.
| 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 been paying a dividend for at least 10 years, so it has 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
65.69% of the earnings are spent on dividend by XEL. This is not a sustainable payout ratio.
XEL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP65.69%
EPS Next 2Y9.35%
EPS Next 3Y9.32%
81.16
+0.76 (+0.95%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners90.66%
Inst Owner Change0.46%
Ins Owners0.14%
Ins Owner Change0.22%
Market Cap48.00B
Revenue(TTM)14.23B
Net Income(TTM)1.92B
Analysts82.61
Price Target87.53 (7.85%)
Short Float %3.72%
Short Ratio4.62
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)14.96%
EPS NQ rev (3m)3.91%
EPS NY rev (1m)0.03%
EPS NY rev (3m)0.16%
Revenue NQ rev (1m)4.38%
Revenue NQ rev (3m)1.25%
Revenue NY rev (1m)-0.59%
Revenue NY rev (3m)-1.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.3 | ||
| Fwd PE | 19.51 | ||
| P/S | 3.37 | ||
| P/FCF | N/A | ||
| P/OCF | 10.58 | ||
| P/B | 2.27 | ||
| P/tB | 2.27 | ||
| EV/EBITDA | 14.15 |
EPS(TTM)3.64
EY4.48%
EPS(NY)4.16
Fwd EY5.13%
FCF(TTM)-8.71
FCFYN/A
OCF(TTM)7.67
OCFY9.45%
SpS24.06
BVpS35.81
TBVpS35.81
PEG (NY)2.06
PEG (5Y)3.93
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 | 0.92 |
F-Score4
WACC6.74%
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%.