Published on 1 Jun 2024 on Simply Wall St. via Yahoo Finance
A Look At The Intrinsic Value Of CMS Energy Corporation (NYSE:CMS)
Key Insights
The projected fair value for CMS Energy is US$61.29 based on Dividend Discount ModelCurrent share price of US$62.93 suggests CMS Energy is potentially trading close to its fair value Analyst price target for CMS is US$64.11, which is 4.6% above our fair value estimate
Does the June share price for CMS Energy Corporation (NYSE:CMS) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by taking the forecast future cash flows of the company and discounting them back to today's value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. Believe it or not, it's not too difficult to follow, as you'll see from our example!