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CMS EnergyFRA:CSG -1.13%81 Market Cap is €19,328 Mil as of Aug. 09, 2026. GuruFocus rates FRA:CSG with a GF Score™ of 81/100 and a GF Value™ of €66.91 (Fairly Valued). The stock has 8 warning signs investors should review. Among 510 Utilities - Regulated companies, CMS Energy ranks better than 91.18% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). CMS Energy's share price for the quarter that ended in Jun. 2026 was €68.14. CMS Energy's Shares Outstanding (EOP) for the quarter that ended in Jun. 2026 was 314 Mil. Therefore, CMS Energy's market cap for the quarter that ended in Jun. 2026 was €21,369 Mil.
CMS Energy's quarterly market cap
increased
from Dec. 2025 (€18,231 Mil) to Mar. 2026 (€20,696 Mil) and
increased
from Mar. 2026 (€20,696 Mil) to Jun. 2026 (€21,369 Mil).
CMS Energy's annual market cap
increased
from Dec. 2023 (€15,362 Mil) to Dec. 2024 (€19,122 Mil) but then
declined
from Dec. 2024 (€19,122 Mil) to Dec. 2025 (€18,231 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. CMS Energy's Enterprise Value for Today is €36,605 Mil.
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
CMS Energy Market Cap Related Terms
CMS Energy Market Cap Historical Data
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The historical data trend for CMS Energy's Market Cap 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.
For the Utilities - Regulated Electric subindustry, CMS Energy's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CMS Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where CMS Energy's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
CMS Energy's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (FRA:CSG) has a Market Cap of €19,328 Mil as of Aug. 09, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on CMS Energy and its competitors. According to the industry distribution chart, CMS Energy ranks #45 out of 510 companies in the Utilities - Regulated industry, placing it in the top 8.8%.
Is CMS Energy's Market Cap too high?
CMS Energy's current Market Cap is €19,328 Mil. Based on the distribution chart, CMS Energy ranks #45 out of 510 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, CMS Energy has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMS Energy's Market Cap compare to EVRG and LNT?
According to the Utilities - Regulated industry distribution chart, CMS Energy ranks #45 out of 510 companies for Market Cap. This places CMS Energy in the top 9% of its industry — outperforming the majority of peers. The industry median Market Cap is 912.98. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Utilities - Regulated company?
The median Market Cap among Utilities - Regulated companies is 912.98, based on 510 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on CMS Energy and its competitors. For the Utilities - Regulated industry, the median Market Cap is 912.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMS Energy's current Market Cap is €19,328 Mil. 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?
Based on GuruFocus' analysis, CMS Energy (FRA:CSG) is currently considered Fairly Valued. The stock's GF Value™ is €66.91, compared to a current price of €60.98 — trading 8.9% below its estimated fair value. The current Market Cap is €19,328 Mil. CMS Energy's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For CMS Energy (FRA:CSG), the current Market Cap is €19,328 Mil as of Aug. 09, 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 (FRA:CSG) Overvalued in 2026?
Based on GuruFocus' analysis, CMS Energy stock appears to be undervalued.
The current stock price of €60.98 is trading 8.9% below its estimated GF Value™ of €66.91.
GuruFocus considers CMS Energy to be Fairly Valued.
Key valuation signals for FRA:CSG:
Market Cap: €19,328 Mil
GF Value™: €66.91 vs. price of €60.98 (8.9% below fair value)
No single metric tells the full story. See the FRA:CSG 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.
81GF Score
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