Regulated Electric
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CMSC vs EVRG
Revenue, margins, valuation, and 5-year total return — side by side.
Regulated Electric
CMSC vs EVRG — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Regulated Electric | Regulated Electric |
| Market Cap | $7.04B | $19.05B |
| Revenue (TTM) | $8.54B | $5.99B |
| Net Income (TTM) | $1.07B | $882M |
| Gross Margin | 26.2% | 41.5% |
| Operating Margin | 20.2% | 25.4% |
| Forward P/E | 5.9x | 19.5x |
| Total Debt | $18.90B | $15.44B |
| Cash & Equiv. | $615M | $25M |
CMSC vs EVRG — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| CMS Energy Corporat… (CMSC) | 100 | 85.0 | -15.0% |
| Evergy, Inc. (EVRG) | 100 | 134.1 | +34.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CMSC vs EVRG
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CMSC carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 14 yrs, beta 0.69, yield 9.6%
- Rev growth 13.6%, EPS growth 6.0%, 3Y rev CAGR -0.2%
- PEG 0.99 vs EVRG's 3.19
EVRG is the clearest fit if your priority is long-term compounding and sleep-well-at-night.
- 100.7% 10Y total return vs CMSC's 36.7%
- Lower volatility, beta 0.06, current ratio 0.49x
- 14.7% margin vs CMSC's 12.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 13.6% revenue growth vs EVRG's 1.7% | |
| Value | Lower P/E (5.9x vs 19.5x), PEG 0.99 vs 3.19 | |
| Quality / Margins | 14.7% margin vs CMSC's 12.5% | |
| Stability / Safety | Beta 0.06 vs CMSC's 0.69, lower leverage | |
| Dividends | 9.6% yield, 14-year raise streak, vs EVRG's 3.2% | |
| Momentum (1Y) | +22.7% vs CMSC's +10.3% | |
| Efficiency (ROA) | 2.8% ROA vs EVRG's 2.6%, ROIC 4.9% vs 4.5% |
CMSC vs EVRG — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CMSC vs EVRG — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
EVRG leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CMSC and EVRG operate at a comparable scale, with $8.5B and $6.0B in trailing revenue. Profitability is closely matched — net margins range from 14.7% (EVRG) to 12.5% (CMSC). On growth, CMSC holds the edge at +12.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $8.5B | $6.0B |
| EBITDAEarnings before interest/tax | $2.8B | $2.7B |
| Net IncomeAfter-tax profit | $1.1B | $882M |
| Free Cash FlowCash after capex | $2.2B | -$1.1B |
| Gross MarginGross profit ÷ Revenue | +26.2% | +41.5% |
| Operating MarginEBIT ÷ Revenue | +20.2% | +25.4% |
| Net MarginNet income ÷ Revenue | +12.5% | +14.7% |
| FCF MarginFCF ÷ Revenue | +26.2% | -18.3% |
| Rev. Growth (YoY)Latest quarter vs prior year | +12.3% | +5.5% |
| EPS Growth (YoY)Latest quarter vs prior year | +6.8% | +18.5% |
Valuation Metrics
CMSC leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 6.5x trailing earnings, CMSC trades at a 71% valuation discount to EVRG's 22.6x P/E. Adjusting for growth (PEG ratio), CMSC offers better value at 1.09x vs EVRG's 3.70x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||
|---|---|---|
| Market CapShares × price | $7.0B | $19.1B |
| Enterprise ValueMkt cap + debt − cash | $25.3B | $34.5B |
| Trailing P/EPrice ÷ TTM EPS | 6.51x | 22.60x |
| Forward P/EPrice ÷ next-FY EPS est. | 5.93x | 19.52x |
| PEG RatioP/E ÷ EPS growth rate | 1.09x | 3.70x |
| EV / EBITDAEnterprise value multiple | 8.94x | 12.72x |
| Price / SalesMarket cap ÷ Revenue | 0.82x | 3.22x |
| Price / BookPrice ÷ Book value/share | 0.71x | 1.88x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
EVRG leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
CMSC delivers a 11.6% return on equity — every $100 of shareholder capital generates $12 in annual profit, vs $9 for EVRG. EVRG carries lower financial leverage with a 1.50x debt-to-equity ratio, signaling a more conservative balance sheet compared to CMSC's 1.95x. On the Piotroski fundamental quality scale (0–9), CMSC scores 6/9 vs EVRG's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +11.6% | +8.6% |
| ROA (TTM)Return on assets | +2.8% | +2.6% |
| ROICReturn on invested capital | +4.9% | +4.5% |
| ROCEReturn on capital employed | +4.9% | +4.9% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 4 |
| Debt / EquityFinancial leverage | 1.95x | 1.50x |
| Net DebtTotal debt minus cash | $18.3B | $15.4B |
| Cash & Equiv.Liquid assets | $615M | $25M |
| Total DebtShort + long-term debt | $18.9B | $15.4B |
| Interest CoverageEBIT ÷ Interest expense | 2.42x | 2.46x |
Total Returns (Dividends Reinvested)
EVRG leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in EVRG five years ago would be worth $14,912 today (with dividends reinvested), compared to $11,011 for CMSC. Over the past 12 months, EVRG leads with a +22.7% total return vs CMSC's +10.3%. The 3-year compound annual growth rate (CAGR) favors EVRG at 13.4% vs CMSC's 3.8% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +2.0% | +14.2% |
| 1-Year ReturnPast 12 months | +10.3% | +22.7% |
| 3-Year ReturnCumulative with dividends | +12.0% | +46.0% |
| 5-Year ReturnCumulative with dividends | +10.1% | +49.1% |
| 10-Year ReturnCumulative with dividends | +36.7% | +100.7% |
| CAGR (3Y)Annualised 3-year return | +3.8% | +13.4% |
Risk & Volatility
EVRG leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
EVRG is the less volatile stock with a 0.06 beta — it tends to amplify market swings less than CMSC's 0.69 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. EVRG currently trades 97.0% from its 52-week high vs CMSC's 93.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.69x | 0.06x |
| 52-Week HighHighest price in past year | $24.53 | $85.27 |
| 52-Week LowLowest price in past year | $6.15 | $63.29 |
| % of 52W HighCurrent price vs 52-week peak | +93.6% | +97.0% |
| RSI (14)Momentum oscillator 0–100 | 70.8 | 45.8 |
| Avg Volume (50D)Average daily shares traded | 18K | 1.8M |
Analyst Outlook
CMSC leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
For income investors, CMSC offers the higher dividend yield at 9.59% vs EVRG's 3.17%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Hold |
| Price TargetConsensus 12-month target | — | $89.00 |
| # AnalystsCovering analysts | — | 18 |
| Dividend YieldAnnual dividend ÷ price | +9.6% | +3.2% |
| Dividend StreakConsecutive years of raises | 14 | 6 |
| Dividend / ShareAnnual DPS | $2.20 | $2.62 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
EVRG leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). CMSC leads in 2 (Valuation Metrics, Analyst Outlook).
CMSC vs EVRG: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is CMSC or EVRG a better buy right now?
For growth investors, CMS Energy Corporation 5.
875% J (CMSC) is the stronger pick with 13. 6% revenue growth year-over-year, versus 1. 7% for Evergy, Inc. (EVRG). CMS Energy Corporation 5. 875% J (CMSC) offers the better valuation at 6. 5x trailing P/E (5. 9x forward), making it the more compelling value choice. Analysts rate Evergy, Inc. (EVRG) a "Hold" — based on 18 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CMSC or EVRG?
On trailing P/E, CMS Energy Corporation 5.
875% J (CMSC) is the cheapest at 6. 5x versus Evergy, Inc. at 22. 6x. On forward P/E, CMS Energy Corporation 5. 875% J is actually cheaper at 5. 9x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: CMS Energy Corporation 5. 875% J wins at 0. 99x versus Evergy, Inc. 's 3. 19x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — CMSC or EVRG?
Over the past 5 years, Evergy, Inc.
(EVRG) delivered a total return of +49. 1%, compared to +10. 1% for CMS Energy Corporation 5. 875% J (CMSC). Over 10 years, the gap is even starker: EVRG returned +100. 7% versus CMSC's +36. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CMSC or EVRG?
By beta (market sensitivity over 5 years), Evergy, Inc.
(EVRG) is the lower-risk stock at 0. 06β versus CMS Energy Corporation 5. 875% J's 0. 69β — meaning CMSC is approximately 998% more volatile than EVRG relative to the S&P 500. On balance sheet safety, Evergy, Inc. (EVRG) carries a lower debt/equity ratio of 150% versus 195% for CMS Energy Corporation 5. 875% J — giving it more financial flexibility in a downturn.
05Which is growing faster — CMSC or EVRG?
By revenue growth (latest reported year), CMS Energy Corporation 5.
875% J (CMSC) is pulling ahead at 13. 6% versus 1. 7% for Evergy, Inc. (EVRG). On earnings-per-share growth, the picture is similar: CMS Energy Corporation 5. 875% J grew EPS 6. 0% year-over-year, compared to -3. 4% for Evergy, Inc.. Over a 3-year CAGR, EVRG leads at 0. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CMSC or EVRG?
Evergy, Inc.
(EVRG) is the more profitable company, earning 14. 5% net margin versus 12. 5% for CMS Energy Corporation 5. 875% J — meaning it keeps 14. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: EVRG leads at 25. 2% versus 20. 2% for CMSC. At the gross margin level — before operating expenses — EVRG leads at 32. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CMSC or EVRG more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, CMS Energy Corporation 5. 875% J (CMSC) is the more undervalued stock at a PEG of 0. 99x versus Evergy, Inc. 's 3. 19x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, CMS Energy Corporation 5. 875% J (CMSC) trades at 5. 9x forward P/E versus 19. 5x for Evergy, Inc. — 13. 6x cheaper on a one-year earnings basis.
08Which pays a better dividend — CMSC or EVRG?
All stocks in this comparison pay dividends.
CMS Energy Corporation 5. 875% J (CMSC) offers the highest yield at 9. 6%, versus 3. 2% for Evergy, Inc. (EVRG).
09Is CMSC or EVRG better for a retirement portfolio?
For long-horizon retirement investors, Evergy, Inc.
(EVRG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 06), 3. 2% yield, +100. 7% 10Y return). Both have compounded well over 10 years (EVRG: +100. 7%, CMSC: +36. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CMSC and EVRG?
Both stocks operate in the Utilities sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: CMSC is a small-cap deep-value stock; EVRG is a mid-cap income-oriented stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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