CMS Energy (CMS) fundamentals: P/E, valuation, undervalued?
CMS Energy · Utilities · ref. ETF XLU · price $66.3
In short — CMS Energy trades at 19.8× earnings (P/E), 16.0× forward, with a net margin of 11.6 % and revenue growth of -1 %. Read: Average P/E (P/E 20 (near the ~20-25 average)).
Is CMS Energy stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$66.3-10.8% over range
Oct 14, 25low $62.6 · high $79.94Oct 13, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
60% recommend buying · 10 analysts
Valuation : Average P/E — P/E 20 (near the ~20-25 average)
Valuation
19.8
P/E (price/earnings)
16.0
Forward P/E
—
PEG
2.2
Price/book (P/B)
$20.5B
Market cap
3.35
EPS
Profitability & growth
11.6 %
Net margin
-1 %
Revenue growth
-44 %
Earnings growth
$19.3B
Total debt
CMS Energy income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $8.6B | $827M | 9.6 % |
| 2023 | $7.5B | $877M | 11.8 % |
| 2024 | $7.5B | $993M | 13.2 % |
| 2025 | $8.5B | $1.1B | 12.4 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is CMS Energy's P/E and is the stock undervalued? What's a good P/E?
CMS Energy's P/E is 19.8 (forward 16.0). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Average P/E".
Is CMS Energy profitable?
CMS Energy has a net margin of 11.6 % (EPS 3.35). The company is profitable.
Is CMS stock expensive?
Our read: "Average P/E" — P/E 20 (near the ~20-25 average). Cross-check with growth and sector.
💬 A question about CMS Energy? The JPI assistant answers using our backtest data.