CMS Energy Corp (CMS) Files 10-K for the Fiscal Year Ended on December 31, 2018
- By insider
CMS Energy Corp (CMS) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. CMS Energy Corp is utility company operating in Michigan. It is engaged in independent power production and owns power generation facilities fueled by natural gas and renewable sources. CMS Energy Corp has a market cap of $14.73 billion; its shares were traded at around $52.00 with a P/E ratio of 26.94 and P/S ratio of 2.14. The dividend yield of CMS Energy Corp stocks is 2.80%. CMS Energy Corp had annual average EBITDA growth of 0.80% over the past ten years.
Warning! GuruFocus has detected 4 Warning Sign with CMS. Click here to check it out.
The intrinsic value of CMS
For the last quarter CMS Energy Corp reported a revenue of $1.8 billion, compared with the revenue of $1.8 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $6.9 billion, an increase of 4.4% from last year. For the last five years CMS Energy Corp had an average revenue decline of 0.1% a year. The CMS Energy Corp had a decent operating margin of 16.91%, compared with the operating margin of 20.33% a year before. The 10-year historical median operating margin of CMS Energy Corp is 16.48%. The profitability rank of the company is 6 (out of 10).
At the end of the fiscal year, CMS Energy Corp has the cash and cash equivalents of $153.0 million, compared with $182.0 million in the previous year. The long term debt was $11.5 billion, compared with $9.2 billion in the previous year. The interest coverage to the debt is 2.5, which is not a favorable level. CMS Energy Corp has a financial strength rank of 4 (out of 10).
At the current stock price of $52.00, CMS Energy Corp is traded at 91% premium to its historical median P/S valuation band of $27.22. The P/S ratio of the stock is 2.14, while the historical median P/S ratio is 1.12. The stock gained 23.76% during the past 12 months.
For the complete 20-year historical financial data of CMS, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 4 Warning Sign with CMS. Click here to check it out.
The intrinsic value of CMS
