DTE

NYSE

DTE ENERGY CO

Utilities, Multi-Utilities

$139.87

close 7 Aug 2026

-0.04%

52-week change

$29.10B

market cap

$126.23

$155.75

52-week range

Expected price

$113.38 – $138.57

Current price

$139.87

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)22.09x

P/S (TTM)1.77x

P/B2.40x

EV/EBITDA (TTM)13.77x

FCF yield (TTM)-6.69%

PEG (TTM, GAAP)2.63

Context

P/E, own 5-year average21.19x

P/E, sector median21.33x*

Price at 5-year median P/E$124.70*

Indicated dividend yield3.33%

Forward — analyst consensus

Forward P/E (FY2026)18.14x*

Forward P/E (FY2027)16.73x

Forward PEG2.14*

Consensus EPS FY2026 (17 analysts)$7.71

EPS growth (FY2026→FY2027)8.47%

Revenue growth (FY2026)1.15%

Street view

Price target (mean)$160.57*

Target upside14.80%

Ratings (buy / hold / sell)11 / 7 / 0

FY2026 EPS revisions, 30d (up / down)1 / 4

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 28 Jul 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$139.87

Cash & equivalents$42.00M

Total debt$27.58B

Shares outstanding208.03M

Result

DCF price per share-$344.42

Current price$139.87

Margin of safety-346.24%

PV of years 1–10-$16.73B

PV of terminal value-$27.38B

Equity value-$71.65B

Market-implied growth—

The base free cash flow is not positive; growing a negative flow is rarely a meaningful valuation.

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	-$2.04B	-$2.15B	-$2.25B	-$2.37B	-$2.48B	-$2.61B	-$2.74B	-$2.88B	-$3.02B	-$3.17B	-$59.10B
PV	-$1.89B	-$1.84B	-$1.79B	-$1.74B	-$1.69B	-$1.64B	-$1.60B	-$1.55B	-$1.51B	-$1.47B	-$27.38B

period to 30 Jun 2026, filed 28 Jul 2026, close 7 Aug 2026