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CMS Energy Corporation CMS-PC NYSE

NYSE • Utilities • Regulated Electric • US • USD

SharesGrow Score
52/100
2/7 Pass
SharesGrow Intrinsic Value
$35.00
+100.9%
SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

CMS Energy Corporation (CMS-PC) trades at a trailing P/E of 22.4, forward P/E of 4.5. Trailing earnings yield is 4.46%, forward earnings yield 22.27%. PEG 3.74. Graham Number is $50.90.

Criteria proven by this page:

  • VALUE (39/100, Fail) — PEG > 2.0 means the stock is expensive even after accounting for growth (PEG 3.74).
  • Forward P/E 4.5 (down from trailing 22.4) — analysts expect earnings to grow, which would improve the valuation.
  • PEG Ratio 3.74 — above 2.0 suggests expensive relative to earnings growth.
  • Trailing Earnings Yield 4.46% — roughly competitive with bond yields (~4.3%), moderate risk-reward. Forward yield improves to 22.27% as earnings recover.

Overall SharesGrow Score: 52/100 with 2/7 criteria passed.

SharesGrow 7-Criteria Score
52/100
SG Score
View full scorecard →
VALUE
39/100
Price-to-Earnings & upside
Proven by this page
~
FUTURE
40/100
Analyst consensus
→ Forecast
PAST
100/100
→ Income
HEALTH
0/100
Debt-to-Equity & liquidity
→ Health
MOAT
74/100
→ Income
~
GROWTH
55/100
→ Income
~
INCOME
55/100
→ Income

Valuation Snapshot — CMS-PC

Valuation Multiples
P/E (TTM)22.4
Forward P/E4.5
PEG Ratio3.74
Forward PEG0.46
P/B Ratio2.63
P/S Ratio2.87
EV/EBITDA13.4
Per Share Data
EPS (TTM)$3.56
Forward EPS (Est.)$3.88
Book Value / Share$32.31
Revenue / Share$28.41
FCF / Share$-5.29
Yields & Fair Value
Earnings Yield4.46%
Forward Earnings Yield22.27%
Dividend Yield2.75%
Graham Number$50.90
SharesGrow IV$35.00 (+100.9%)

Historical Valuation

Year P/E (TTM) PEG Ratio P/B Ratio P/S Ratio Dividend Yield
2016 21.0 4.43 2.72 1.81 3.00%
2017 28.8 -1.64 2.98 2.01 2.85%
2018 21.3 0.51 2.95 2.04 2.90%
2019 26.2 8.71 3.54 2.68 2.45%
2020 23.0 2.21 3.16 2.71 2.69%
2021 13.9 0.18 2.84 2.57 2.71%
2022 21.9 -0.56 2.61 2.13 2.98%
2023 19.1 3.18 2.24 2.27 3.42%
2024 19.8 1.80 2.41 2.64 3.16%
2025 19.6 3.45 2.30 2.46 3.15%

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year EPS (Diluted) Revenue Net Income Net Margin
2016 $1.98 $6.4B $551M 8.6%
2017 $1.64 $6.58B $460M 7%
2018 $2.32 $6.87B $657M 9.6%
2019 $2.39 $6.85B $680M 9.9%
2020 $2.64 $6.68B $755M 11.3%
2021 $2.51 $7.33B $728M 9.9%
2022 $2.85 $8.6B $837M 9.7%
2023 $3.01 $7.46B $887M 11.9%
2024 $3.33 $7.52B $1B 13.3%
2025 $3.53 $8.54B $1.07B 12.5%

Analyst Estimates

Year EPS (Avg) EPS Range Revenue (Avg) Revenue Range Analysts
2026 $3.88 $3.53 – $4.21 $8.66B $8.12B – $9.16B 1
2027 $4.18 $3.80 – $4.54 $9.06B $8.37B – $9.74B 1
2028 $4.51 $4.10 – $4.90 $9.4B $8.75B – $10.03B 1
2029 $4.86 $4.42 – $5.29 $9.93B $9.24B – $10.6B 1
2030 $5.24 $4.77 – $5.70 $10.33B $9.61B – $11.01B 1
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