XCEL ENERGY INC (XEL)
US98389B1008 - Common Stock
Taking everything into account, XEL scores 4 out of 10 in our fundamental rating. 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. 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.
In the past year XEL had a positive cash flow from operations.
Each year in the past 5 years XEL has been profitable.
Each year in the past 5 years XEL had a positive operating cash flow.
1.2 Ratios
XEL has a Return On Assets (2.73%) which is in line with its industry peers.
XEL has a Return On Equity of 10.33%. This is in the better half of the industry: XEL outperforms 71.11% of its industry peers.
XEL has a worse Return On Invested Capital (3.43%) than 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for XEL is in line with the industry average of 4.77%.
The last Return On Invested Capital (3.43%) for XEL is above the 3 year average (3.37%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.73% | ||
| ROE | 10.33% | ||
| ROIC | 3.43% |
ROA(3y)2.79%
ROA(5y)2.76%
ROE(3y)10.23%
ROE(5y)10.23%
ROIC(3y)3.37%
ROIC(5y)3.41%
1.3 Margins
XEL has a Profit Margin (13.46%) which is comparable to the rest of the industry.
XEL's Profit Margin has improved in the last couple of years.
XEL's Operating Margin of 19.77% is in line compared to the rest of the industry. XEL outperforms 46.67% of its industry peers.
XEL's Operating Margin has been stable in the last couple of years.
The Gross Margin of XEL (92.18%) is better than 97.78% of its industry peers.
XEL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.77% | ||
| PM (TTM) | 13.46% | ||
| GM | 92.18% |
OM growth 3Y-0.26%
OM growth 5Y1.31%
PM growth 3Y-0.82%
PM growth 5Y2.67%
GM growth 3Y-1.55%
GM growth 5Y-0.66%
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.
Compared to 1 year ago, XEL has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.96, we must say that XEL is in the distress zone and has some risk of bankruptcy.
XEL's Altman-Z score of 0.96 is in line compared to the rest of the industry. XEL outperforms 55.56% of its industry peers.
A Debt/Equity ratio of 1.59 is on the high side and indicates that XEL has dependencies on debt financing.
The Debt to Equity ratio of XEL (1.59) is worse than 62.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.59 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.96 |
ROIC/WACC0.52
WACC6.55%
2.3 Liquidity
A Current Ratio of 0.97 indicates that XEL may have some problems paying its short term obligations.
XEL has a Current ratio (0.97) which is comparable to the rest of the industry.
XEL has a Quick Ratio of 0.97. This is a bad value and indicates that XEL is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of XEL (0.86) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.63% over the past year.
XEL shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.47% yearly.
Looking at the last year, XEL shows a decrease in Revenue. The Revenue has decreased by -7.21% in the last year.
XEL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.25% yearly.
EPS 1Y (TTM)10.63%
EPS 3Y6.73%
EPS 5Y6.47%
EPS Q2Q%1.63%
Revenue 1Y (TTM)-7.21%
Revenue growth 3Y7.22%
Revenue growth 5Y4.25%
Sales Q2Q%-0.49%
3.2 Future
XEL is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.71% yearly.
XEL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.16% yearly.
EPS Next Y6.43%
EPS Next 2Y6.97%
EPS Next 3Y7.19%
EPS Next 5Y6.71%
Revenue Next Year-2.21%
Revenue Next 2Y1.79%
Revenue Next 3Y2.87%
Revenue Next 5Y4.16%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 18.59 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 62.22% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 30.20. XEL is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 17.02 indicates a rather expensive valuation of XEL.
Based on the Price/Forward Earnings ratio, XEL is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 23.28. XEL is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.59 | ||
| Fwd PE | 17.02 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as XEL.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.97 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
XEL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.89
PEG (5Y)2.87
EPS Next 2Y6.97%
EPS Next 3Y7.19%
5. Dividend
5.1 Amount
XEL has a Yearly Dividend Yield of 3.28%.
XEL's Dividend Yield is comparable with the industry average which is at 3.45.
Compared to an average S&P500 Dividend Yield of 2.26, XEL pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.28% |
5.2 History
On average, the dividend of XEL grows each year by 6.72%, which is quite nice.
XEL has paid a dividend for at least 10 years, which is a reliable track record.
XEL has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.72%
Div Incr Years20
Div Non Decr Years20
5.3 Sustainability
60.97% of the earnings are spent on dividend by XEL. This is not a sustainable payout ratio.
The dividend of XEL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP60.97%
EPS Next 2Y6.97%
EPS Next 3Y7.19%
XCEL ENERGY INC
NASDAQ:XEL (11/4/2024, 8:00:02 PM)
After market: 65.6 -0.22 (-0.33%)65.82
-0.87 (-1.3%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap37.80B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.28% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.59 | ||
| Fwd PE | 17.02 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)2.89
PEG (5Y)2.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.73% | ||
| ROE | 10.33% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 19.77% | ||
| PM (TTM) | 13.46% | ||
| GM | 92.18% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.59 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)10.63%
EPS 3Y6.73%
EPS 5Y
EPS Q2Q%
EPS Next Y6.43%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-7.21%
Revenue growth 3Y7.22%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y