DTE Energy Valuation

Is DTE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DTE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DTE ($113) is trading below our estimate of fair value ($123.32)

Significantly Below Fair Value: DTE is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for DTE?

Other financial metrics that can be useful for relative valuation.

DTE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.7x
Enterprise Value/EBITDA13.7x
PEG Ratio2.3x

Price to Earnings Ratio vs Peers

How does DTE's PE Ratio compare to its peers?

The above table shows the PE ratio for DTE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.5x
WEC WEC Energy Group
17.4x8.1%US$25.5b
CNP CenterPoint Energy
20.9x9.7%US$18.9b
CMS CMS Energy
19.1x7.8%US$18.3b
AEE Ameren
16.5x8.4%US$19.0b
DTE DTE Energy
18.5x7.9%US$23.4b

Price-To-Earnings vs Peers: DTE is expensive based on its Price-To-Earnings Ratio (18.5x) compared to the peer average (18.5x).


Price to Earnings Ratio vs Industry

How does DTE's PE Ratio compare vs other companies in the Global Integrated Utilities Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a10.0%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a10.0%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: DTE is expensive based on its Price-To-Earnings Ratio (18.5x) compared to the Global Integrated Utilities industry average (16.8x).


Price to Earnings Ratio vs Fair Ratio

What is DTE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DTE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.5x
Fair PE Ratio19.8x

Price-To-Earnings vs Fair Ratio: DTE is good value based on its Price-To-Earnings Ratio (18.5x) compared to the estimated Fair Price-To-Earnings Ratio (19.8x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DTE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$113.00
US$120.31
+6.5%
2.8%US$125.00US$111.00n/a15
May ’25US$111.33
US$119.11
+7.0%
3.6%US$125.00US$108.00n/a15
Apr ’25US$110.73
US$117.58
+6.2%
4.5%US$129.00US$109.00n/a15
Mar ’25US$108.11
US$117.18
+8.4%
4.6%US$129.00US$108.00n/a15
Feb ’25US$107.47
US$117.71
+9.5%
4.4%US$129.00US$111.00n/a15
Jan ’25US$110.26
US$115.69
+4.9%
5.2%US$124.00US$103.00n/a16
Dec ’24US$108.17
US$111.25
+2.8%
5.4%US$124.00US$103.00n/a16
Nov ’24US$96.61
US$113.88
+17.9%
7.5%US$139.00US$103.00n/a16
Oct ’24US$99.28
US$124.20
+25.1%
5.7%US$139.00US$115.00n/a15
Sep ’24US$102.18
US$124.87
+22.2%
6.6%US$144.00US$115.00n/a15
Aug ’24US$113.15
US$126.36
+11.7%
6.0%US$144.00US$116.00n/a14
Jul ’24US$110.02
US$125.93
+14.5%
6.5%US$144.00US$116.00n/a14
Jun ’24US$107.26
US$128.21
+19.5%
5.6%US$144.00US$116.00n/a14
May ’24US$112.96
US$128.86
+14.1%
5.4%US$144.00US$116.00US$111.3314
Apr ’24US$109.54
US$128.29
+17.1%
6.2%US$144.00US$116.00US$110.7314
Mar ’24US$106.86
US$129.80
+21.5%
5.2%US$144.00US$116.00US$108.1115
Feb ’24US$116.19
US$130.20
+12.1%
5.1%US$144.00US$116.00US$107.4715
Jan ’24US$117.53
US$125.87
+7.1%
5.5%US$139.00US$116.00US$110.2615
Dec ’23US$116.12
US$124.29
+7.0%
5.0%US$139.00US$115.00US$108.1714
Nov ’23US$112.53
US$123.73
+10.0%
6.8%US$142.00US$115.00US$96.6115
Oct ’23US$115.05
US$139.59
+21.3%
5.9%US$149.00US$115.00US$99.2816
Sep ’23US$132.74
US$139.72
+5.3%
5.9%US$149.00US$115.00US$102.1816
Aug ’23US$130.42
US$137.91
+5.7%
6.2%US$149.00US$114.00US$113.1516
Jul ’23US$129.16
US$138.56
+7.3%
6.1%US$149.00US$114.00US$110.0217
Jun ’23US$132.56
US$139.12
+4.9%
5.4%US$149.00US$114.00US$107.2617
May ’23US$131.04
US$139.47
+6.4%
5.5%US$149.00US$114.00US$112.9617

Analyst Forecast: Target price is less than 20% higher than the current share price.


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