DT MIDSTREAM, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 64.04 USD | -0.85% |
|
+1.28% | +16.86% |
| Apr. 10 | Energy Transfer Stay on New Pipeline by DT Midstream Overturned by Appeals Court | MT |
| Apr. 05 | Barclays Raises Price Target on DT Midstream to $66 From $59, Maintains Overweight Rating | MT |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 4,641 | 5,346 | 5,314 | 6,219 | - | - |
| Enterprise Value (EV) 1 | 7,555 | 5,346 | 8,488 | 9,437 | 9,402 | 9,241 |
| P/E ratio | 15.2 x | 14.5 x | 13.9 x | 16.5 x | 15 x | 13.6 x |
| Yield | 2.5% | 4.63% | 5.04% | 4.6% | 4.86% | 5.21% |
| Capitalization / Revenue | 5.53 x | 5.81 x | 5.76 x | 6.31 x | 5.8 x | 5.35 x |
| EV / Revenue | 8.99 x | 5.81 x | 9.21 x | 9.57 x | 8.77 x | 7.96 x |
| EV / EBITDA | 9.84 x | 6.44 x | 9.19 x | 9.76 x | 9.14 x | 8.5 x |
| EV / FCF | 17.5 x | - | 326 x | 25 x | 20.8 x | 19 x |
| FCF Yield | 5.72% | - | 0.31% | 4.01% | 4.82% | 5.27% |
| Price to Book | 1.2 x | - | 1.28 x | 1.47 x | 1.42 x | 1.36 x |
| Nbr of stocks (in thousands) | 96,732 | 96,751 | 96,971 | 97,109 | - | - |
| Reference price 2 | 47.98 | 55.26 | 54.80 | 64.04 | 64.04 | 64.04 |
| Announcement Date | 2/25/22 | 2/16/23 | 2/16/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 840 | 920 | 922 | 986 | 1,072 | 1,162 |
| EBITDA 1 | - | 768 | 830 | 924 | 967 | 1,029 | 1,087 |
| EBIT 1 | - | 402 | 478 | 471 | 484.9 | 543.2 | 561.2 |
| Operating Margin | - | 47.86% | 51.96% | 51.08% | 49.18% | 50.66% | 48.32% |
| Earnings before Tax (EBT) 1 | - | - | - | 500 | 512.9 | 569.3 | 614.8 |
| Net income 1 | 247 | - | 370 | 384 | 381.1 | 416.6 | 458.8 |
| Net margin | - | - | 40.22% | 41.65% | 38.65% | 38.86% | 39.5% |
| EPS 2 | 2.550 | 3.160 | 3.810 | 3.940 | 3.884 | 4.283 | 4.709 |
| Free Cash Flow 1 | - | 432 | - | 26 | 378.2 | 453 | 487.3 |
| FCF margin | - | 51.43% | - | 2.82% | 38.36% | 42.26% | 41.95% |
| FCF Conversion (EBITDA) | - | 56.25% | - | 2.81% | 39.12% | 44.04% | 44.83% |
| FCF Conversion (Net income) | - | - | - | 6.77% | 99.26% | 108.73% | 106.22% |
| Dividend per Share 2 | - | 1.200 | 2.560 | 2.760 | 2.948 | 3.115 | 3.336 |
| Announcement Date | 5/7/21 | 2/25/22 | 2/16/23 | 2/16/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 212 | 223 | 215 | 227 | 235 | 243 | 220 | 224 | 234 | 244 | 242.3 | 241.4 | 252.1 | 261.9 | 268 |
| EBITDA 1 | 188 | 196 | 191 | 205 | 207 | 227 | 225 | 224 | 236 | 239 | 239.7 | 235.4 | 242.4 | 251.8 | 261.3 |
| EBIT 1 | 106 | 110 | 104 | 137 | 121 | 116 | 110 | 117 | 124 | 130 | 118 | 117.7 | 125.6 | 133.9 | 146 |
| Operating Margin | 50% | 49.33% | 48.37% | 60.35% | 51.49% | 47.74% | 50% | 52.23% | 52.99% | 53.28% | 48.72% | 48.75% | 49.84% | 51.11% | 54.48% |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | - | 123 | 124 | 127 | 126 | 124.5 | 122.5 | 130.6 | 136.8 | 147 |
| Net income 1 | - | - | - | 91 | 113 | 85 | 81 | 91 | 91 | 121 | 92.01 | 88.55 | 94.76 | 100.9 | 104 |
| Net margin | - | - | - | 40.09% | 48.09% | 34.98% | 36.82% | 40.62% | 38.89% | 49.59% | 37.97% | 36.68% | 37.59% | 38.53% | 38.81% |
| EPS 2 | 0.7700 | 0.8900 | 0.8400 | 0.9300 | 1.160 | 0.8800 | 0.8400 | 0.9300 | 0.9400 | 1.240 | 0.9553 | 0.9276 | 0.9664 | 1.008 | 1.070 |
| Dividend per Share 2 | - | 0.6000 | 0.6400 | 0.6400 | 0.6400 | 0.6400 | 0.6900 | 0.6900 | 0.6900 | 0.6900 | 0.7360 | 0.7360 | 0.7370 | 0.7470 | 0.7850 |
| Announcement Date | 11/5/21 | 2/25/22 | 5/5/22 | 8/3/22 | 10/28/22 | 2/16/23 | 5/2/23 | 8/1/23 | 11/1/23 | 2/16/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 2,914 | - | 3,174 | 3,219 | 3,183 | 3,022 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 3.794 x | - | 3.435 x | 3.328 x | 3.094 x | 2.78 x |
| Free Cash Flow 1 | - | 432 | - | 26 | 378 | 453 | 487 |
| ROE (net income / shareholders' equity) | - | 7.73% | - | 9.43% | 9.14% | 10% | 10.6% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - |
| Book Value Per Share 2 | - | 40.00 | - | 42.70 | 43.60 | 45.10 | 46.90 |
| Cash Flow per Share | - | 5.900 | - | - | - | - | - |
| Capex 1 | - | 140 | - | 772 | 337 | 392 | 395 |
| Capex / Sales | - | 16.67% | - | 83.73% | 34.14% | 36.57% | 34.01% |
| Announcement Date | 5/7/21 | 2/25/22 | 2/16/23 | 2/16/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
HOLD
Number of Analysts
12
Last Close Price
64.04
USD
Average target price
62.04
USD
Spread / Average Target
-3.13%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +16.86% | 6.22B | |
| +15.65% | 53.75B | |
| -7.43% | 15.43B | |
| 0.00% | 2.22B | |
| +34.17% | 1.65B | |
| -5.23% | 1.63B | |
| -1.23% | 1.11B | |
| -0.11% | 761M | |
| -.--% | 328M | |
| -4.76% | 156M |
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- Financials DT Midstream, Inc.
