CMS Energy Corp
NYSE:CMS
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EV/EBIT
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBIT returns to its 3-Year Average (22.9), the stock would be worth $74.55 (5% downside from current price).
| Scenario | EV/EBIT Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 24.1 | $78.45 |
0%
|
| 3-Year Average | 22.9 | $74.55 |
-5%
|
| 5-Year Average | 22.9 | $74.55 |
-5%
|
| Industry Average | 21 | $68.35 |
-13%
|
| Country Average | 19.6 | $63.85 |
-19%
|
Forward EV/EBIT
Today’s price vs future ebit
| Today's Enterprise Value | EBIT | Forward EV/EBIT | ||
|---|---|---|---|---|
|
$40.9B
|
/ |
Jan 2026
$1.7B
|
= |
|
|
$40.9B
|
/ |
Dec 2026
$2B
|
= |
|
|
$40.9B
|
/ |
Dec 2027
$2.3B
|
= |
|
|
$40.9B
|
/ |
Dec 2028
$2.4B
|
= |
|
Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.
Peer Comparison
| Market Cap | EV/EBIT | P/E | ||||
|---|---|---|---|---|---|---|
| US |
|
CMS Energy Corp
NYSE:CMS
|
24B USD | 24.1 | 22.7 | |
| UK |
|
National Grid PLC
LSE:NG
|
65.5B GBP | 20 | 22.6 | |
| FR |
|
Engie SA
PAR:ENGI
|
70.5B EUR | 12.4 | 19.6 | |
| US |
|
Sempra Energy
NYSE:SRE
|
62.8B USD | 31.1 | 35 | |
| DE |
|
E.ON SE
XETRA:EOAN
|
50.7B EUR | 12.6 | 29.3 | |
| US |
|
Dominion Energy Inc
NYSE:D
|
55.4B USD | 20.6 | 18.7 | |
| US |
S
|
Sempra
VSE:SREN
|
43.4B EUR | 27 | 27.8 | |
| DE |
|
RWE AG
XETRA:RWE
|
41.8B EUR | 34.4 | 13.4 | |
| US |
|
Public Service Enterprise Group Inc
NYSE:PEG
|
40.5B USD | 21.3 | 19.2 | |
| US |
|
Consolidated Edison Inc
NYSE:ED
|
40.4B USD | 22.7 | 20 | |
| US |
|
WEC Energy Group Inc
NYSE:WEC
|
37.9B USD | 24.7 | 24.3 |
Market Distribution
| Min | 0 |
| 30th Percentile | 13.6 |
| Median | 19.6 |
| 70th Percentile | 27.8 |
| Max | 1 826 183.2 |
Other Multiples
CMS Energy Corp
Glance View
CMS Energy Corp., headquartered in Jackson, Michigan, is a prominent figure in the energy sector, weaving a story of innovation and reliability that dates back more than a century. At the heart of its operations is Consumers Energy, its principal subsidiary, renowned for providing electricity and natural gas to millions of Michiganders. This utility powerhouse runs an extensive network comprising power plants, natural gas pipelines, and renewable energy sources, all working in concert to meet the region’s energy demands. The company effectively balances its portfolio between fossil fuels and increasingly robust investments in renewable energy, showcasing its commitment to sustainable practices and forward-thinking strategies. Navigating the intricate fabric of the energy market, CMS Energy derives its revenue primarily through regulated utility operations, ensuring a steady flow of income while maintaining a responsive relationship with fluctuating energy needs and regulatory requirements. By investing aggressively in renewable energy sources such as wind and solar, alongside their continuous upgrade of natural gas infrastructure, CMS Energy is not only diversifying its operations but also positioning itself as a leader in the transition to cleaner energy. This strategic blending of traditional and green energy avenues enables the company to cater to the evolving expectations of stakeholders, meeting customer demands while adhering to regulatory compliances, thus sustaining its legacy of reliable service in an ever-evolving energy landscape.