Dte Energy Co Stock Beta

DTW Stock

USD 23.18 0.15 0.65%

DTE Energy Co fundamentals help investors to digest information that contributes to DTE Energy's financial success or failures. It also enables traders to predict the movement of DTE Stock. The fundamental analysis module provides a way to measure DTE 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 DTE Energy stock.

Short Long Term Debt Total Total Assets

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DTE Energy Co Company Beta Analysis

DTE 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 DTE Energy Beta

0.15

Most of DTE 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, DTE Energy Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

DTE Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for DTE Energy is extremely important. It helps to project a fair market value of DTE Stock properly, considering its historical fundamentals such as Beta. Since DTE 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 DTE 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 DTE Energy's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Total Liab	Short Term Debt	Common Stock	Good Will	Total Current Assets	Net Tangible Assets	Current Deferred Revenue	Long Term Debt	Net Receivables	Long Term Debt Total	Deferred Long Term Liab	Intangible Assets	Property Plant Equipment	Long Term Investments	Short Long Term Debt	Accumulated Depreciation	Short Term Investments
Total Assets		-0.15	0.92	0.58	0.71	0.79	0.48	0.77	-0.13	0.75	-0.38	0.68	0.81	0.73	0.81	-0.35	0.17	0.81	0.59	-0.67	0.1	-0.46
Total Stockholder Equity	-0.15		0.06	-0.2	-0.13	-0.33	0.07	-0.03	0.08	-0.62	-0.15	-0.07	0.18	0.03	0.18	0.19	-0.01	0.14	0.23	-0.06	0.15	-0.11
Net Debt	0.92	0.06		0.46	0.76	0.75	0.61	0.82	-0.19	0.64	-0.49	0.72	0.9	0.8	0.9	-0.33	0.12	0.91	0.6	-0.73	0.14	-0.57
Retained Earnings	0.58	-0.2	0.46		0.18	0.59	-0.25	0.27	0.41	0.51	0.24	0.26	0.48	0.37	0.48	-0.29	0.49	0.35	0.8	-0.36	0.05	0.17
Accounts Payable	0.71	-0.13	0.76	0.18		0.74	0.63	0.8	-0.05	0.7	-0.38	0.78	0.71	0.87	0.71	-0.1	-0.1	0.78	0.24	-0.58	-0.19	-0.56
Total Liab	0.79	-0.33	0.75	0.59	0.74		0.34	0.87	0.01	0.87	-0.43	0.61	0.84	0.62	0.84	-0.15	0.15	0.83	0.47	-0.47	0.1	-0.31
Short Term Debt	0.48	0.07	0.61	-0.25	0.63	0.34		0.56	-0.5	0.31	-0.67	0.3	0.48	0.53	0.48	0.06	-0.2	0.62	0.12	-0.43	0.32	-0.63
Common Stock	0.77	-0.03	0.82	0.27	0.8	0.87	0.56		-0.25	0.71	-0.69	0.74	0.9	0.67	0.9	-0.11	0.01	0.95	0.3	-0.48	0.2	-0.65
Good Will	-0.13	0.08	-0.19	0.41	-0.05	0.01	-0.5	-0.25		-0.18	0.52	-0.04	-0.11	0.14	-0.11	0.01	0.61	-0.21	0.3	-0.01	-0.28	0.59
Total Current Assets	0.75	-0.62	0.64	0.51	0.7	0.87	0.31	0.71	-0.18		-0.28	0.64	0.6	0.6	0.6	-0.19	-0.02	0.61	0.3	-0.4	-0.07	-0.42
Net Tangible Assets	-0.38	-0.15	-0.49	0.24	-0.38	-0.43	-0.67	-0.69	0.52	-0.28		-0.29	-0.58	-0.22	-0.58	-0.2	0.19	-0.65	-0.05	0.2	-0.44	0.54
Current Deferred Revenue	0.68	-0.07	0.72	0.26	0.78	0.61	0.3	0.74	-0.04	0.64	-0.29		0.62	0.77	0.62	-0.32	0.11	0.64	0.18	-0.43	-0.31	-0.59
Long Term Debt	0.81	0.18	0.9	0.48	0.71	0.84	0.48	0.9	-0.11	0.6	-0.58	0.62		0.7	1.0	-0.13	0.07	0.98	0.62	-0.65	0.2	-0.53
Net Receivables	0.73	0.03	0.8	0.37	0.87	0.62	0.53	0.67	0.14	0.6	-0.22	0.77	0.7		0.7	-0.1	0.14	0.71	0.51	-0.65	-0.18	-0.55
Long Term Debt Total	0.81	0.18	0.9	0.48	0.71	0.84	0.48	0.9	-0.11	0.6	-0.58	0.62	1.0	0.7		-0.13	0.07	0.98	0.62	-0.65	0.2	-0.53
Deferred Long Term Liab	-0.35	0.19	-0.33	-0.29	-0.1	-0.15	0.06	-0.11	0.01	-0.19	-0.2	-0.32	-0.13	-0.1	-0.13		-0.36	-0.13	-0.02	0.37	0.05	0.07
Intangible Assets	0.17	-0.01	0.12	0.49	-0.1	0.15	-0.2	0.01	0.61	-0.02	0.19	0.11	0.07	0.14	0.07	-0.36		0.02	0.34	-0.06	0.09	0.28
Property Plant Equipment	0.81	0.14	0.91	0.35	0.78	0.83	0.62	0.95	-0.21	0.61	-0.65	0.64	0.98	0.71	0.98	-0.13	0.02		0.49	-0.63	0.23	-0.6
Long Term Investments	0.59	0.23	0.6	0.8	0.24	0.47	0.12	0.3	0.3	0.3	-0.05	0.18	0.62	0.51	0.62	-0.02	0.34	0.49		-0.49	0.18	0.02
Short Long Term Debt	-0.67	-0.06	-0.73	-0.36	-0.58	-0.47	-0.43	-0.48	-0.01	-0.4	0.2	-0.43	-0.65	-0.65	-0.65	0.37	-0.06	-0.63	-0.49		0.01	0.44
Accumulated Depreciation	0.1	0.15	0.14	0.05	-0.19	0.1	0.32	0.2	-0.28	-0.07	-0.44	-0.31	0.2	-0.18	0.2	0.05	0.09	0.23	0.18	0.01		-0.11
Short Term Investments	-0.46	-0.11	-0.57	0.17	-0.56	-0.31	-0.63	-0.65	0.59	-0.42	0.54	-0.59	-0.53	-0.55	-0.53	0.07	0.28	-0.6	0.02	0.44	-0.11

Click cells to compare fundamentals

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.

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Predict DTE Energy

In accordance with the recently published financial statements, DTE Energy Co has a Beta of 0.15. This is 66.67% lower than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The beta for all United States stocks is 200.0% lower than that of the firm.

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DTE 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, DTE Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to DTE Energy's managers, analysts, and investors.

Environmental

Governance

Social

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

DTE Fundamentals

	Return On Equity	0.0752
	Price To Earning	3.49 X
	Revenue	12.74 B
	EBITDA	3.96 B
	Net Income	1.4 B
	Cash And Equivalents	164 M
	Cash Per Share	0.90 X
	Total Debt	20.95 B
	Debt To Equity	124.70 %
	Current Ratio	1.16 X
	Book Value Per Share	54.48 X
	Cash Flow From Operations	2.27 B
	Number Of Employees	10.2 K
	Beta	0.15
	Market Capitalization	4.16 B
	Total Asset	44.76 B
	Retained Earnings	4.4 B
	Annual Yield	0.06 %
	Net Asset	44.76 B
	Last Dividend Paid	3.41

About DTE Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze DTE Energy Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DTE Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DTE Energy Co 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 DTE Stock Analysis

When running DTE Energy's price analysis, check to measure DTE 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 DTE Energy is operating at the current time. Most of DTE Energy's value examination focuses on studying past and present price action to predict the probability of DTE 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 DTE Energy's price. Additionally, you may evaluate how the addition of DTE Energy to your portfolios can decrease your overall portfolio volatility.

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