Cms Energy Stock Beta

CMS Stock

USD 65.77 0.16 0.24%

CMS Energy fundamentals help investors to digest information that contributes to CMS Energy's financial success or failures. It also enables traders to predict the movement of CMS Stock. The fundamental analysis module provides a way to measure CMS Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CMS Energy stock.

Short Long Term Debt Total Total Assets

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CMS Energy Company Beta Analysis

CMS Energy's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current CMS Energy Beta

0.41

Most of CMS Energy's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CMS Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CMS Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for CMS Energy is extremely important. It helps to project a fair market value of CMS Stock properly, considering its historical fundamentals such as Beta. Since CMS Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CMS Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CMS Energy's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Property Plant Equipment	Short Term Investments	Current Deferred Revenue	Deferred Long Term Liab	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Accumulated Depreciation	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.79	0.99	0.71	0.89	0.64	1.0	0.76	0.53	0.28	0.91	0.98	-0.63	0.02	0.75	0.91	0.91	0.84	-0.48	0.66	-0.74	-0.24	0.83	0.38	0.31
Total Stockholder Equity	0.79		0.77	0.92	0.79	0.5	0.78	0.72	0.34	0.02	0.74	0.77	-0.57	0.25	0.92	0.87	0.83	0.91	-0.6	0.6	-0.69	-0.09	0.88	0.43	0.29
Net Debt	0.99	0.77		0.7	0.85	0.67	0.99	0.73	0.61	0.32	0.93	0.97	-0.61	0.03	0.76	0.89	0.93	0.82	-0.48	0.72	-0.76	-0.37	0.83	0.35	0.34
Retained Earnings	0.71	0.92	0.7		0.65	0.27	0.69	0.49	0.21	-0.02	0.8	0.74	-0.23	0.31	0.87	0.91	0.86	0.91	-0.67	0.57	-0.72	-0.07	0.91	0.5	0.35
Accounts Payable	0.89	0.79	0.85	0.65		0.76	0.88	0.9	0.34	0.39	0.71	0.88	-0.73	0.02	0.71	0.81	0.73	0.73	-0.34	0.47	-0.65	0.02	0.67	0.58	0.43
Net Receivables	0.64	0.5	0.67	0.27	0.76		0.66	0.83	0.6	0.56	0.42	0.6	-0.82	-0.05	0.48	0.43	0.47	0.37	-0.07	0.54	-0.55	-0.33	0.31	0.41	0.53
Total Liab	1.0	0.78	0.99	0.69	0.88	0.66		0.75	0.58	0.3	0.9	0.98	-0.65	-0.01	0.75	0.89	0.9	0.82	-0.46	0.7	-0.75	-0.29	0.81	0.33	0.28
Total Current Assets	0.76	0.72	0.73	0.49	0.9	0.83	0.75		0.39	0.2	0.51	0.68	-0.82	0.21	0.63	0.64	0.58	0.6	-0.34	0.33	-0.41	-0.09	0.58	0.5	0.48
Short Term Debt	0.53	0.34	0.61	0.21	0.34	0.6	0.58	0.39		0.2	0.45	0.47	-0.52	-0.06	0.42	0.33	0.5	0.37	-0.02	0.82	-0.47	-0.75	0.35	-0.18	0.12
Common Stock	0.28	0.02	0.32	-0.02	0.39	0.56	0.3	0.2	0.2		0.24	0.38	-0.33	-0.65	0.15	0.14	0.19	-0.03	0.09	0.33	-0.47	-0.01	-0.11	0.38	0.37
Long Term Debt	0.91	0.74	0.93	0.8	0.71	0.42	0.9	0.51	0.45	0.24		0.93	-0.3	0.08	0.74	0.93	0.98	0.87	-0.61	0.69	-0.78	-0.34	0.9	0.37	0.34
Property Plant Equipment	0.98	0.77	0.97	0.74	0.88	0.6	0.98	0.68	0.47	0.38	0.93		-0.54	-0.05	0.74	0.93	0.91	0.83	-0.47	0.67	-0.79	-0.18	0.81	0.45	0.34
Short Term Investments	-0.63	-0.57	-0.61	-0.23	-0.73	-0.82	-0.65	-0.82	-0.52	-0.33	-0.3	-0.54		0.18	-0.49	-0.37	-0.38	-0.35	0.1	-0.43	0.43	0.11	-0.3	-0.14	-0.1
Current Deferred Revenue	0.02	0.25	0.03	0.31	0.02	-0.05	-0.01	0.21	-0.06	-0.65	0.08	-0.05	0.18		0.15	0.2	0.14	0.27	-0.15	-0.15	0.1	-0.22	0.36	0.21	0.33
Deferred Long Term Liab	0.75	0.92	0.76	0.87	0.71	0.48	0.75	0.63	0.42	0.15	0.74	0.74	-0.49	0.15		0.81	0.81	0.83	-0.55	0.65	-0.65	-0.22	0.82	0.36	0.33
Net Tangible Assets	0.91	0.87	0.89	0.91	0.81	0.43	0.89	0.64	0.33	0.14	0.93	0.93	-0.37	0.2	0.81		0.94	0.94	-0.63	0.6	-0.75	-0.1	0.94	0.55	0.4
Long Term Debt Total	0.91	0.83	0.93	0.86	0.73	0.47	0.9	0.58	0.5	0.19	0.98	0.91	-0.38	0.14	0.81	0.94		0.91	-0.65	0.73	-0.8	-0.37	0.94	0.37	0.35
Capital Surpluse	0.84	0.91	0.82	0.91	0.73	0.37	0.82	0.6	0.37	-0.03	0.87	0.83	-0.35	0.27	0.83	0.94	0.91		-0.61	0.62	-0.64	-0.16	0.96	0.38	0.26
Long Term Investments	-0.48	-0.6	-0.48	-0.67	-0.34	-0.07	-0.46	-0.34	-0.02	0.09	-0.61	-0.47	0.1	-0.15	-0.55	-0.63	-0.65	-0.61		-0.22	0.38	0.03	-0.73	-0.36	-0.29
Short Long Term Debt	0.66	0.6	0.72	0.57	0.47	0.54	0.7	0.33	0.82	0.33	0.69	0.67	-0.43	-0.15	0.65	0.6	0.73	0.62	-0.22		-0.78	-0.57	0.56	0.04	0.15
Accumulated Depreciation	-0.74	-0.69	-0.76	-0.72	-0.65	-0.55	-0.75	-0.41	-0.47	-0.47	-0.78	-0.79	0.43	0.1	-0.65	-0.75	-0.8	-0.64	0.38	-0.78		0.27	-0.63	-0.4	-0.3
Cash And Equivalents	-0.24	-0.09	-0.37	-0.07	0.02	-0.33	-0.29	-0.09	-0.75	-0.01	-0.34	-0.18	0.11	-0.22	-0.22	-0.1	-0.37	-0.16	0.03	-0.57	0.27		-0.26	0.34	-0.12
Net Invested Capital	0.83	0.88	0.83	0.91	0.67	0.31	0.81	0.58	0.35	-0.11	0.9	0.81	-0.3	0.36	0.82	0.94	0.94	0.96	-0.73	0.56	-0.63	-0.26		0.35	0.29
Net Working Capital	0.38	0.43	0.35	0.5	0.58	0.41	0.33	0.5	-0.18	0.38	0.37	0.45	-0.14	0.21	0.36	0.55	0.37	0.38	-0.36	0.04	-0.4	0.34	0.35		0.84
Capital Stock	0.31	0.29	0.34	0.35	0.43	0.53	0.28	0.48	0.12	0.37	0.34	0.34	-0.1	0.33	0.33	0.4	0.35	0.26	-0.29	0.15	-0.3	-0.12	0.29	0.84

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict CMS Energy

In accordance with the recently published financial statements, CMS Energy has a Beta of 0.407. This is 9.56% lower than that of the Multi-Utilities sector and significantly higher than that of the Utilities industry. The beta for all United States stocks is notably lower than that of the firm.

CMS Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CMS Energy's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CMS Energy could also be used in its relative valuation, which is a method of valuing CMS Energy by comparing valuation metrics of similar companies.

CMS Energy is currently under evaluation in beta category among its peers.

CMS Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, CMS Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CMS Energy's managers, analysts, and investors.

Environmental

Governance

Social

CMS Energy Institutional Holders

Institutional Holdings refers to the ownership stake in CMS Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CMS Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CMS Energy's value.

		Shares
Amvescap Plc.	2024-09-30	4.5 M
Deutsche Bank Ag	2024-09-30	4.5 M
Amundi	2024-09-30	4.5 M
Goldman Sachs Group Inc	2024-09-30	3.7 M
Legal & General Group Plc	2024-09-30	3.6 M
Gqg Partners Llc	2024-09-30	3.4 M
Bank Of America Corp	2024-09-30	3.3 M
Fidelity International Ltd	2024-09-30	2.9 M
Pictet Asset Manangement Sa	2024-09-30	2.8 M
Vanguard Group Inc	2024-09-30	37.9 M
Blackrock Inc	2024-09-30	30.7 M

As returns on the market increase, CMS Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding CMS Energy is expected to be smaller as well.

CMS Fundamentals

	Return On Equity	0.12
	Return On Asset	0.0305
	Profit Margin	0.14 %
	Operating Margin	0.23 %
	Current Valuation	35.63 B
	Shares Outstanding	298.78 M
	Shares Owned By Insiders	0.40 %
	Shares Owned By Institutions	97.24 %
	Number Of Shares Shorted	8.63 M
	Price To Earning	20.03 X
	Price To Book	2.49 X
	Price To Sales	2.65 X
	Revenue	7.46 B
	Gross Profit	3.16 B
	EBITDA	2.78 B
	Net Income	808 M
	Cash And Equivalents	164 M
	Cash Per Share	0.58 X
	Total Debt	15.64 B
	Debt To Equity	1.83 %
	Current Ratio	2.03 X
	Book Value Per Share	26.40 X
	Cash Flow From Operations	2.31 B
	Short Ratio	4.60 X
	Earnings Per Share	3.50 X
	Price To Earnings To Growth	2.35 X
	Target Price	71.86
	Number Of Employees	8.36 K
	Beta	0.41
	Market Capitalization	19.78 B
	Total Asset	33.52 B
	Retained Earnings	1.66 B
	Working Capital	(56 M)
	Current Asset	3 B
	Current Liabilities	1.75 B
	Annual Yield	0.03 %
	Five Year Return	2.71 %
	Net Asset	33.52 B
	Last Dividend Paid	2.03

About CMS Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CMS Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CMS Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CMS Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for CMS Stock Analysis

When running CMS Energy's price analysis, check to measure CMS Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CMS Energy is operating at the current time. Most of CMS Energy's value examination focuses on studying past and present price action to predict the probability of CMS Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CMS Energy's price. Additionally, you may evaluate how the addition of CMS Energy to your portfolios can decrease your overall portfolio volatility.

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