(CMS) CMS Energy - Ratings and Ratios
Electricity, Natural Gas, Renewable Energy
CMS EPS (Earnings per Share)
CMS Revenue
Description: CMS CMS Energy
CMS Energy Corporation is a multi-utility company operating primarily in Michigan, with a diverse customer base of 1.9 million electric and 1.8 million gas customers across residential, commercial, and industrial sectors. The companys operations are segmented into Electric Utility, Gas Utility, and NorthStar Clean Energy, providing a range of energy services including generation, distribution, and sales.
The Electric Utility segment boasts an extensive distribution system, with a total of 86,570 miles of electric distribution lines and 1,098 substations, indicating a significant infrastructure investment. The Gas Utility segment has a substantial transmission and distribution network, with 2,342 miles of transmission lines and 28,368 miles of distribution mains, as well as 15 gas storage fields and 8 compressor stations, suggesting a strong capability to meet customer demand.
From a performance perspective, CMS Energys key metrics include a market capitalization of $21.08 billion, a price-to-earnings ratio of 20.85, and a forward P/E of 19.61, indicating a relatively stable valuation. The companys return on equity stands at 12.49%, suggesting a decent level of profitability. Additional KPIs worth monitoring include the companys dividend yield, debt-to-equity ratio, and the percentage of renewable energy in its generation mix, which could be indicative of its commitment to clean energy and long-term sustainability.
Further analysis could involve examining CMS Energys revenue growth, operating margins, and cash flow generation to assess its financial health and ability to invest in its infrastructure and renewable energy projects. The companys guidance on future growth initiatives, such as expansion of its renewable energy portfolio through NorthStar Clean Energy, could also provide insights into its strategic priorities and potential areas for future growth.
CMS Stock Overview
| Market Cap in USD | 21,408m |
| Sub-Industry | Multi-Utilities |
| IPO / Inception | 1984-12-31 |
CMS Stock Ratings
| Growth Rating | 46.8% |
| Fundamental | 55.1% |
| Dividend Rating | 61.0% |
| Return 12m vs S&P 500 | -11.4% |
| Analyst Rating | 3.79 of 5 |
CMS Dividends
| Dividend Yield 12m | 3.04% |
| Yield on Cost 5y | 4.06% |
| Annual Growth 5y | 4.79% |
| Payout Consistency | 85.6% |
| Payout Ratio | 62.3% |
CMS Growth Ratios
| Growth Correlation 3m | 61.3% |
| Growth Correlation 12m | 66% |
| Growth Correlation 5y | 64.8% |
| CAGR 5y | 5.76% |
| CAGR/Max DD 3y | 0.26 |
| CAGR/Mean DD 3y | 0.84 |
| Sharpe Ratio 12m | 1.71 |
| Alpha | -14.35 |
| Beta | 0.962 |
| Volatility | 16.05% |
| Current Volume | 1911.1k |
| Average Volume 20d | 1807.2k |
| Stop Loss | 69.5 (-3%) |
| Signal | -0.30 |
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income (1.02b TTM) > 0 and > 6% of Revenue (6% = 481.0m TTM) |
| FCFTA 0.03 (>2.0%) and ΔFCFTA -0.26pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -0.04% (prev 6.17%; Δ -6.21pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.06 (>3.0%) and CFO 2.12b > Net Income 1.02b (YES >=105%, WARN >=100%) |
| Net Debt (17.20b) to EBITDA (3.22b) ratio: 5.34 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.00 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (299.1m) change vs 12m ago 0.20% (target <= -2.0% for YES) |
| Gross Margin 42.09% (prev 32.53%; Δ 9.56pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 22.25% (prev 21.56%; Δ 0.70pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 2.60 (EBITDA TTM 3.22b / Interest Expense TTM 744.0m) >= 6 (WARN >= 3) |
Altman Z'' 0.63
| (A) -0.00 = (Total Current Assets 3.19b - Total Current Liabilities 3.20b) / Total Assets 37.70b |
| (B) 0.06 = Retained Earnings (Balance) 2.21b / Total Assets 37.70b |
| (C) 0.05 = EBIT TTM 1.94b / Avg Total Assets 36.03b |
| (D) 0.08 = Book Value of Equity 2.17b / Total Liabilities 28.73b |
| Total Rating: 0.63 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 55.14
| 1. Piotroski 4.0pt = -1.0 |
| 2. FCF Yield 2.76% = 1.38 |
| 3. FCF Margin 13.66% = 3.41 |
| 4. Debt/Equity 2.28 = 0.34 |
| 5. Debt/Ebitda 5.95 = -2.50 |
| 6. ROIC - WACC 1.11% = 1.39 |
| 7. RoE 12.37% = 1.03 |
| 8. Rev. Trend -7.00% = -0.35 |
| 9. Rev. CAGR -3.44% = -0.57 |
| 10. EPS Trend 55.49% = 1.39 |
| 11. EPS CAGR 6.25% = 0.63 |
What is the price of CMS shares?
Over the past week, the price has changed by +1.40%, over one month by -1.25%, over three months by +3.83% and over the past year by +4.82%.
Is CMS Energy a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CMS is around 70.55 USD . This means that CMS is currently overvalued and has a potential downside of -1.58%.
Is CMS a buy, sell or hold?
- Strong Buy: 6
- Buy: 4
- Hold: 8
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the CMS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 76.5 | 6.8% |
| Analysts Target Price | 76.5 | 6.8% |
| ValueRay Target Price | 76.5 | 6.7% |
Last update: 2025-09-05 04:37
CMS Fundamental Data Overview
CCE Cash And Equivalents = 844.0m USD (last quarter)
P/E Trailing = 21.0973
P/E Forward = 18.5529
P/S = 2.6704
P/B = 2.6204
P/EG = 2.636
Beta = 0.348
Revenue TTM = 8.02b USD
EBIT TTM = 1.94b USD
EBITDA TTM = 3.22b USD
Long Term Debt = 18.05b USD (from longTermDebt, last quarter)
Short Term Debt = 1.12b USD (from shortTermDebt, last quarter)
Debt = 19.17b USD (Calculated: Short Term 1.12b + Long Term 18.05b)
Net Debt = 17.20b USD (from netDebt column, last quarter)
Enterprise Value = 39.73b USD (21.41b + Debt 19.17b - CCE 844.0m)
Interest Coverage Ratio = 2.60 (Ebit TTM 1.94b / Interest Expense TTM 744.0m)
FCF Yield = 2.76% (FCF TTM 1.09b / Enterprise Value 39.73b)
FCF Margin = 13.66% (FCF TTM 1.09b / Revenue TTM 8.02b)
Net Margin = 12.76% (Net Income TTM 1.02b / Revenue TTM 8.02b)
Gross Margin = 42.09% ((Revenue TTM 8.02b - Cost of Revenue TTM 4.64b) / Revenue TTM)
Tobins Q-Ratio = 18.29 (Enterprise Value 39.73b / Book Value Of Equity 2.17b)
Interest Expense / Debt = 1.04% (Interest Expense 199.0m / Debt 19.17b)
Taxrate = 15.67% (176.0m / 1.12b)
NOPAT = 1.63b (EBIT 1.94b * (1 - 15.67%))
Current Ratio = 1.00 (Total Current Assets 3.19b / Total Current Liabilities 3.20b)
Debt / Equity = 2.28 (Debt 19.17b / last Quarter total Stockholder Equity 8.39b)
Debt / EBITDA = 5.95 (Net Debt 17.20b / EBITDA 3.22b)
Debt / FCF = 17.51 (Debt 19.17b / FCF TTM 1.09b)
Total Stockholder Equity = 8.27b (last 4 quarters mean)
RoA = 2.71% (Net Income 1.02b, Total Assets 37.70b )
RoE = 12.37% (Net Income TTM 1.02b / Total Stockholder Equity 8.27b)
RoCE = 7.36% (Ebit 1.94b / (Equity 8.27b + L.T.Debt 18.05b))
RoIC = 6.57% (NOPAT 1.63b / Invested Capital 24.86b)
WACC = 5.46% (E(21.41b)/V(40.58b) * Re(9.56%)) + (D(19.17b)/V(40.58b) * Rd(1.04%) * (1-Tc(0.16)))
Shares Correlation 3-Years: 92.32 | Cagr: 0.28%
Discount Rate = 9.56% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 64.07% ; FCFE base≈1.09b ; Y1≈720.7m ; Y5≈333.4m
Fair Price DCF = 17.29 (DCF Value 5.18b / Shares Outstanding 299.3m; 5y FCF grow -39.59% → 3.0% )
Revenue Correlation: -7.00 | Revenue CAGR: -3.44%
Rev Growth-of-Growth: 18.30
EPS Correlation: 55.49 | EPS CAGR: 6.25%
EPS Growth-of-Growth: -19.04
Additional Sources for CMS Stock
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