Stock Analiz

Cms Energy Corp. CMS

Power Generation · data as of November 13, 2026

$70.38Market cap $22.1B
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Cms Energy Corp. (CMS) is a utility company listed in the US with a market value of about $22.1B. In the twelve months to September 30, 2026 it had revenue of $9.0B and net income of $862M, a net margin of 9.6%.

Its overall Stock Analiz score is 0.4 out of 5 (weak). The strongest part is future growth (1/5); the weakest is value (0/5).

Key numbers: a P/E of 25.2, 5-year revenue growth of 6% a year, a 5-year average ROIC of 5%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 60% below the current price.

Score: 0.4 / 5

Value0/5
Future growth1/5
Track record1/5
Financial health0/5
Shareholder returns0/5

Checks passed

  • Revenue growth above 10% last year
  • Profitable 5 years in a row

Checks not passed

  • P/E below 25
  • P/E below the industry median
  • P/FCF below 20
  • Price below intrinsic value (DCF, moderate assumptions)
  • PEG below 1.5
  • 3-year revenue growth above 10% a year
  • Profit margin improving
  • 3-year free cash flow growth above 10% a year

Valuation

P/E (TTM)25.2
Forward P/E16.5
P/FCF—
P/S2.5
P/B2.3
EV/EBITDA13.1
PEG4.22
Dividend yield3.27%
FCF yield-9.8%
Shareholder yield3.3%
Intrinsic value vs. price−60%

Growth and quality

Revenue growth (1 yr)13.6%
Revenue growth (5 yrs, per year)5.9%
EPS growth (5 yrs, per year)6.0%
FCF growth (3 yrs, per year)—
Net margin (5-yr avg.)13.2%
ROIC (5-yr avg.)5.0%
Profitable years (of last 10)10
Years paying a dividend7

Financials, last 10 years

Fiscal yearTTM2025202420232022202120202019201820172016
Revenue$9.0B$8.5B$7.5B$7.5B$8.6B$7.3B$6.4B$6.6B$6.9B$6.6B$6.4B
Net income$862M$1.1B$1.0B$887M$837M$1.4B$755M$680M$657M$460M$551M
Free cash flow-$2.2B———-$1.5B-$257M-$1.0B-$307M-$371M$40M-$43M
EPS (diluted)$2.79$3.53$3.33$3.01$2.85$4.66$2.64$2.39$2.32$1.64$1.98
Net margin9.6%12.5%13.4%11.9%9.7%18.5%11.8%10.3%9.6%7.0%8.6%
ROIC—4.9%5.1%4.5%5.1%5.3%5.9%5.1%6.0%4.7%6.1%

From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.

What analysts expect

The average 12-month price target from 13 analysts is $73.85, 5% above the current price; targets range from $68.00 to $78.00; the consensus rating is “Buy”; expected EPS is $3.88 for the fiscal year ending December 31, 2026.

Frequently asked questions

What is Cms Energy’s P/E ratio?

About 25.2, based on the last twelve months of diluted earnings per share (forward P/E about 16.5).

Is Cms Energy stock undervalued?

Our DCF model with moderate assumptions puts its intrinsic value about 60% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.

Does Cms Energy pay a dividend?

Yes. The dividend yield is about 3.27%, and it has paid dividends for 7 years in our data.

Is Cms Energy a good stock to buy?

We do not give buy or sell advice. Cms Energy scores 0.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.

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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.