XCEL ENERGY INC (XEL) Stock Fundamental Analysis
USA - NASDAQ:XEL - US98389B1008 - Common Stock
80.58 USD
+0.44 (+0.55%)
80.4 USD
-0.18 (-0.22%)
We assign a fundamental rating of 3 out of 10 to XEL. XEL was compared to 46 industry peers in the Electric Utilities industry. There are concerns on the financial health of XEL while its profitability can be described as average. While showing a medium growth rate, XEL is valued expensive at the moment.
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.
XEL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
XEL has a worse Return On Assets (2.42%) than 66.67% of its industry peers.
The Return On Equity of XEL (9.04%) is worse than 62.50% of its industry peers.
With a Return On Invested Capital value of 2.84%, XEL is not doing good in the industry: 87.50% of the companies in the same industry are doing better.
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 in line with its industry peers.
In the last couple of years the Profit Margin of XEL has grown nicely.
The Operating Margin of XEL (18.53%) is worse than 66.67% of its industry peers.
XEL's Operating Margin has been stable in the last couple of years.
The Gross Margin of XEL (92.94%) is better than 95.83% 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.
XEL has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, XEL has more shares outstanding
The debt/assets ratio for XEL is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.92, we must say that XEL is in the distress zone and has some risk of bankruptcy.
XEL has a Altman-Z score of 0.92. This is comparable to the rest of the industry: XEL outperforms 47.92% 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.
The Debt to Equity ratio of XEL (1.64) is worse than 66.67% 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's Current ratio of 0.79 is in line compared to the rest of the industry. XEL outperforms 47.92% of its industry peers.
A Quick Ratio of 0.69 indicates that XEL may have some problems paying its short term obligations.
With a Quick ratio value of 0.69, XEL perfoms like the industry average, outperforming 52.08% 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.
The Revenue has been growing slightly by 3.38% in the past year.
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.
XEL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.54% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 22.14, the valuation of XEL can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of XEL indicates a slightly more expensive valuation: XEL is more expensive than 75.00% of the companies listed in the same industry.
XEL's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.89.
With a Price/Forward Earnings ratio of 19.37, XEL is valued on the expensive side.
Based on the Price/Forward Earnings ratio, XEL is valued a bit more expensive than the industry average as 68.75% of the companies are valued more cheaply.
XEL is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.14 | ||
| Fwd PE | 19.37 |
4.2 Price Multiples
72.92% of the companies in the same industry are cheaper than XEL, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.09 |
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)2.05
PEG (5Y)3.9
EPS Next 2Y9.35%
EPS Next 3Y9.32%
5. Dividend
5.1 Amount
XEL has a Yearly Dividend Yield of 2.84%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.77, XEL has a dividend in line with its industry peers.
XEL's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| 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 paid a dividend for at least 10 years, which is 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
XEL pays out 65.69% of its income as dividend. 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%
80.58
+0.44 (+0.55%)
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 Cap47.66B
Revenue(TTM)14.23B
Net Income(TTM)1.92B
Analysts82.61
Price Target87.53 (8.62%)
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)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 | 22.14 | ||
| Fwd PE | 19.37 | ||
| P/S | 3.35 | ||
| P/FCF | N/A | ||
| P/OCF | 10.5 | ||
| P/B | 2.25 | ||
| P/tB | 2.25 | ||
| EV/EBITDA | 14.09 |
EPS(TTM)3.64
EY4.52%
EPS(NY)4.16
Fwd EY5.16%
FCF(TTM)-8.71
FCFYN/A
OCF(TTM)7.67
OCFY9.52%
SpS24.06
BVpS35.81
TBVpS35.81
PEG (NY)2.05
PEG (5Y)3.9
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%.