Valuation models
price $70.10 · as of Nov 2, 2026
P/E · peers68.23 – 90.1872.613% undervaluedP/E · own historyused70.29 – 80.4976.438% undervaluedPEG—43.1363% overvaluedEV/EBITDA · peers64.27 – 91.5677.6510% undervaluedEV/Revenue · peers38.06 – 106.7578.6611% undervaluedDividend discount37.08 – 111.4157.9621% overvaluedWall St. consensus target—73.004% belowCost of capital (WACC)—5.69%—
P/E · own history leads for a regulated utility. How the headline model is chosen.
Model value · P/E · own history
76.43
CMS Energy closed at $70.10 — undervalued by 8% vs model.
70.29the model's range80.49
P/E · own history leads for a regulated utility. From its own five-year median P/E applied to its earnings.
Other models
43.13 – 78.66
Wall St. target
73.00 4% below
Below model, 1y
24 of 30 days
How it is valued
Valued asRegulated utility
Low/slowing growth (~7% recent)Moderate margins (13% net margin)Strong dividend yieldHighly cyclical earningsHigh leverage (D/E 2.1x)Negative free cash flow
Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; how each model works is in the manual.