XCEL ENERGY INC (XEL) Stock Fundamental Analysis
USA - NASDAQ:XEL - US98389B1008 - Common Stock
80.91 USD
+0.37 (+0.46%)
80.91 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. XEL has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
In the past year XEL had a positive cash flow from operations.
XEL had positive earnings in each of the past 5 years.
In the past 5 years XEL always reported a positive cash flow from operatings.
1.2 Ratios
XEL has a worse Return On Assets (2.42%) than 61.70% of its industry peers.
With a Return On Equity value of 9.04%, XEL is not doing good in the industry: 61.70% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 2.84%, XEL is doing worse than 85.11% of the companies in the same industry.
XEL had an Average Return On Invested Capital over the past 3 years of 3.27%. This is in line with the industry average of 4.90%.
| 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
The Profit Margin of XEL (13.46%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of XEL has grown nicely.
XEL has a worse Operating Margin (18.53%) than 63.83% of its industry peers.
In the last couple of years the Operating Margin of XEL has remained more or less at the same level.
XEL has a Gross Margin of 92.94%. This is amongst the best in the industry. XEL outperforms 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
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.
Compared to 5 years ago, XEL has more shares outstanding
Compared to 1 year ago, XEL has a worse debt to assets ratio.
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 has a Altman-Z score (0.92) which is comparable to the rest of the industry.
A Debt/Equity ratio of 1.64 is on the high side and indicates that XEL has dependencies on debt financing.
The Debt to Equity ratio of XEL (1.64) is worse 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
WACC6.72%
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 in line with its industry peers.
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 comparable to the rest of the 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.
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
The Earnings Per Share is expected to grow by 8.76% on average over the next years. This is quite good.
The Revenue is expected to grow by 5.54% on average over the next years.
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 22.23, the valuation of XEL can be described as rather expensive.
Based on the Price/Earnings ratio, XEL is valued a bit more expensive than the industry average as 76.60% of the companies are valued more cheaply.
XEL's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.83.
With a Price/Forward Earnings ratio of 19.44, XEL is valued on the expensive side.
XEL's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. XEL is more expensive than 70.21% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of XEL to the average of the S&P500 Index (32.68), we can say XEL is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.23 | ||
| Fwd PE | 19.44 |
4.2 Price Multiples
XEL's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. XEL is more expensive than 74.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.08 |
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)3.91
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.
Compared to an average industry Dividend Yield of 3.25, XEL has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, XEL has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
5.2 History
The dividend of XEL is nicely growing with an annual growth rate of 6.45%!
XEL has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of XEL decreased 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%
80.91
+0.37 (+0.46%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners90.66%
Inst Owner Change-0.45%
Ins Owners0.14%
Ins Owner Change0.22%
Market Cap47.85B
Revenue(TTM)14.23B
Net Income(TTM)1.92B
Analysts82.61
Price Target87.53 (8.18%)
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)11%
PT rev (3m)13.23%
EPS NQ rev (1m)-3.19%
EPS NQ rev (3m)-4.58%
EPS NY rev (1m)0.02%
EPS NY rev (3m)0.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.51%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-0.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.23 | ||
| Fwd PE | 19.44 | ||
| P/S | 3.36 | ||
| P/FCF | N/A | ||
| P/OCF | 10.54 | ||
| P/B | 2.26 | ||
| P/tB | 2.26 | ||
| EV/EBITDA | 14.08 |
EPS(TTM)3.64
EY4.5%
EPS(NY)4.16
Fwd EY5.14%
FCF(TTM)-8.71
FCFYN/A
OCF(TTM)7.67
OCFY9.48%
SpS24.06
BVpS35.81
TBVpS35.81
PEG (NY)2.06
PEG (5Y)3.91
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
WACC6.72%
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%.