DTM Valuation

DT Midstream Inc

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104.180

+0.04(0.038%)1D

Overview
Forecast
Valuation
Earnings

DTM Relative Valuation

DTM's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, DTM is overvalued; if below, it's undervalued.

Historical Valuation

DT Midstream Inc (DTM) is now in the Overvalued zone, suggesting that its current forward PE ratio of 23.36 is considered Overvalued compared with the five-year average of 16.56. The fair price of DT Midstream Inc (DTM) is between 62.55 to 91.70 according to relative valuation methord. Compared to the current price of 104.18 USD , DT Midstream Inc is Overvalued By 13.62%.

Relative Value

Fair Zone

62.55-91.70

Current Price：104.18

13.62%

Overvalued

23.36

Trailing

Forward

11.85

EV/EBITDA

DT Midstream Inc. (DTM) has a current EV/EBITDA of 11.85. The 5-year average EV/EBITDA is 9.95. The thresholds are as follows: Strongly Undervalued below 7.57, Undervalued between 7.57 and 8.76, Fairly Valued between 11.15 and 8.76, Overvalued between 11.15 and 12.34, and Strongly Overvalued above 12.34. The current Forward EV/EBITDA of 11.85 falls within the Overvalued range.

20.54

EV/EBIT

DT Midstream Inc. (DTM) has a current EV/EBIT of 20.54. The 5-year average EV/EBIT is 18.16. The thresholds are as follows: Strongly Undervalued below 13.21, Undervalued between 13.21 and 15.68, Fairly Valued between 20.64 and 15.68, Overvalued between 20.64 and 23.11, and Strongly Overvalued above 23.11. The current Forward EV/EBIT of 20.54 falls within the Historic Trend Line -Fairly Valued range.

8.12

DT Midstream Inc. (DTM) has a current PS of 8.12. The 5-year average PS is 6.21. The thresholds are as follows: Strongly Undervalued below 3.27, Undervalued between 3.27 and 4.74, Fairly Valued between 7.67 and 4.74, Overvalued between 7.67 and 9.14, and Strongly Overvalued above 9.14. The current Forward PS of 8.12 falls within the Overvalued range.

9.52

P/OCF

DT Midstream Inc. (DTM) has a current P/OCF of 9.52. The 5-year average P/OCF is 7.42. The thresholds are as follows: Strongly Undervalued below 2.70, Undervalued between 2.70 and 5.06, Fairly Valued between 9.78 and 5.06, Overvalued between 9.78 and 12.14, and Strongly Overvalued above 12.14. The current Forward P/OCF of 9.52 falls within the Historic Trend Line -Fairly Valued range.

27.35

P/FCF

DT Midstream Inc. (DTM) has a current P/FCF of 27.35. The 5-year average P/FCF is -1.83. The thresholds are as follows: Strongly Undervalued below -168.15, Undervalued between -168.15 and -84.99, Fairly Valued between 81.33 and -84.99, Overvalued between 81.33 and 164.49, and Strongly Overvalued above 164.49. The current Forward P/FCF of 27.35 falls within the Historic Trend Line -Fairly Valued range.

DT Midstream Inc (DTM) has a current Price-to-Book (P/B) ratio of 2.26. Compared to its 3-year average P/B ratio of 1.62 , the current P/B ratio is approximately 39.92% higher. Relative to its 5-year average P/B ratio of 1.50, the current P/B ratio is about 50.69% higher. DT Midstream Inc (DTM) has a Forward Free Cash Flow (FCF) yield of approximately 4.40%. Compared to its 3-year average FCF yield of 3.78%, the current FCF yield is approximately 16.51% lower. Relative to its 5-year average FCF yield of 5083.49% , the current FCF yield is about -99.91% lower.

2.26

P/B

Median3y

1.62

Median5y

1.50

4.40

FCF Yield

Median3y

3.78

Median5y

5083.49

Competitors Valuation Multiple

The average P/S ratio for DTM's competitors is 3.23, providing a benchmark for relative valuation. DT Midstream Inc Corp (DTM) exhibits a P/S ratio of 7.94, which is 146.20% above the industry average. Given its robust revenue growth of 26.64%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Antero Midstream Corp

Plains All American Pipeline LP

Plains GP Holdings LP

0.08

-16.58%

3.82B

Performance Decomposition

Market capitalization of DTM increased by 32.51% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 244.00M to 309.00M.

The secondary factor is the P/E Change, contributed 18.22%to the performance.

Overall, the performance of DTM in the past 1 year is driven by Revenue Growth. Which is more sustainable.

26.64%

244.00M → 309.00M

Revenue Growth

-12.35%

40.98 → 35.92

Margin Expansion

18.22%

23.55 → 27.84

P/E Change

32.51%