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CMS EnergyMEX:CMS1 76 EV-to-EBITDA is 12.36 as of Aug. 01, 2026, which is 0% below its 10-year median of 12.37. GuruFocus rates MEX:CMS1 with a GF Score™ of 76/100 and a GF Value™ of MXN1,378.70. The stock has 11 warning signs investors should review. Among 467 Utilities - Regulated companies, CMS Energy ranks worse than 69.81% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, CMS Energy's enterprise value is MXN737,061 Mil.
CMS Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was MXN59,612 Mil. Therefore, CMS Energy's EV-to-EBITDA for today is 12.36.
The historical rank and industry rank for CMS Energy's EV-to-EBITDA or its related term are showing as below:
MEX:CMS1'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.01 Med: 12.37 Max: 14.86
Current: 12.82
During the past 13 years, the highest EV-to-EBITDA of CMS Energy was 14.86. The lowest was 10.01. And the median was 12.37.
MEX:CMS1's EV-to-EBITDA is ranked worse than 69.81% of 467
companies
in the Utilities - Regulated industry
Industry Median: 9.91
vs MEX:CMS1: 12.82
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
CMS Energy's share price for today is MXN1312.00.
CMS Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN59.845.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for CMS Energy's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:CMS1 vs EVRG, LNT, PPL: EV-to-EBITDA Comparison
For the Utilities - Regulated Electric subindustry, CMS Energy's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CMS Energy EV-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CMS Energy's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where CMS Energy's EV-to-EBITDA falls into.
CMS Energy's current Enterprise Value is MXN737,061 Mil.
CMS Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN59,612 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CMS Energy (MEX:CMS1) has a EV-to-EBITDA of 12.36 as of Aug. 01, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on CMS Energy. This is near median its historical median of 12.37. Over the past decade, CMS Energy's EV-to-EBITDA has ranged from 10.01 to 14.86. According to the industry distribution chart, CMS Energy ranks #326 out of 467 companies in the Utilities - Regulated industry, placing it in the top 69.8%.
Is CMS Energy's EV-to-EBITDA too high?
CMS Energy's current EV-to-EBITDA of 12.36 is near median its 10-year median of 12.37. Over the past 10 years, this metric has ranged from a low of 10.01 to a high of 14.86. The Utilities - Regulated industry median EV-to-EBITDA is 9.91. CMS Energy's value of 12.36 is 24.7% above this industry median. Based on the distribution chart, CMS Energy ranks #326 out of 467 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, CMS Energy has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does CMS Energy's EV-to-EBITDA compare to EVRG and LNT?
According to the Utilities - Regulated industry distribution chart, CMS Energy ranks #326 out of 467 companies for EV-to-EBITDA. This places CMS Energy in the lower half of its industry. The industry median EV-to-EBITDA is 9.91. CMS Energy's value of 12.36 is 24.7% above this benchmark. Historically, CMS Energy's own EV-to-EBITDA has ranged from 10.01 to 14.86 over the past decade. While the company's 10-year median is 12.37 vs. the industry median of 9.91, CMS Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.91, based on 467 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CMS Energy's current EV-to-EBITDA of 12.36 is 24.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on CMS Energy. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMS Energy's current EV-to-EBITDA is 12.36, which is near median its own 10-year median of 12.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMS Energy stock overvalued right now?
CMS Energy (MEX:CMS1) has a current EV-to-EBITDA of 12.36. The stock's GF Value™ is MXN1,378.70, compared to a current price of MXN1,312.00 — trading 4.8% below its estimated fair value. The current EV-to-EBITDA is 12.36, which is near median its 10-year median of 12.37 and 24.7% above the Utilities - Regulated industry median of 9.91. CMS Energy's overall GF Score™ is 76/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For CMS Energy (MEX:CMS1), the current EV-to-EBITDA is 12.36 as of Aug. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CMS Energy (MEX:CMS1) Overvalued in 2026?
Based on GuruFocus' analysis, CMS Energy stock appears to be undervalued.
The current stock price of MXN1,312.00 is trading 4.8% below its estimated GF Value™ of MXN1,378.70.
Key valuation signals for MEX:CMS1:
EV-to-EBITDA: 12.36 (near median its 10-year median of 12.37)
GF Value™: MXN1,378.70 vs. price of MXN1,312.00 (4.8% below fair value)
Industry Position: 24.7% above the Utilities - Regulated median (#326 of 467)
No single metric tells the full story. See the MEX:CMS1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. NorthStar Clean Energy, formerly CMS Enterprises, is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
76GF Score
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