Fair value (multi-method)
Four independent methods triangulate what CMS is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$131.10
Method range
$28.31 – $131.10
median $75.69
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $131.10 | +81.98% |
| Exit multiple | $71.70 | -0.47% |
| Analyst target | $79.67 | +10.59% |
| Graham number | $28.31 | -60.70% |
- Forward DCF$131.10
- Exit multiple$71.70
- Analyst target$79.67
- Graham number$28.31
Stock price
$72.04
EPS (TTM)
$3.65
5Y EPS CAGR
6.0%
Fair value @ hist. growth
$131.10
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied EPS growth
-1.2%
per year over your projection horizon
Margin of safety 45.0% vs hist-growth DCF
Historical 5Y CAGR
6.0%
Your model implies
-1.2%
Next-year analyst consensus
6.4%
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 5.0% | -3.0% | -4.3% | -5.7% | -7.5% | -9.9% |
| 5.3% | -2.1% | -3.2% | -4.5% | -6.1% | -8.1% |
| 6.3% | 0.7% | -0.2% | -1.2% | -2.4% | -3.7% |
| 7.3% | 3.1% | 2.3% | 1.5% | 0.6% | -0.4% |
| 8.3% | 5.2% | 4.6% | 4.0% | 3.2% | 2.4% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
PEG
0.85
Low vs growth
Net debt
$18.3B
Total debt − cash
Beta
0.35
Vs market benchmark
Annual diluted EPS
Per-share earnings by fiscal year — last 5 years anchor the CAGR reference above.
Frequently asked questions
CMS Energy (CMS) Key Financials
Charts, filings, and peer comparison for every metric
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