DTE Energy Company 2020 Series (DTB) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of DTE Energy Company 2020 Series $11.28, price $14.84, upside -24.0%, quality 42 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range $13.45 – $20.25 · fair‑value band $9.44 – $14.37 · the $14.84 price screens above the $11.28 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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DTE Energy Company 2020 Series (DTB) currently trades at $14.84, while our model-based Fair Value estimate is $11.28, 24.0% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $12.37 per share, and 0 of the 13 models we run sit above the $14.84 price.
Bear case: the Economic Profit group reads lowest at $2.16, and 13 of the 13 models stay below the price. Evidence for this calculation is low.
Scenario range: $9.44 (bear) to $14.37 (bull), the price of $14.84 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 42/100 (below-average quality), in the Utilities sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
DTE Energy Company 2020 Series reported revenue of $15.3B in FY2025 versus $15.0B in FY2021, a compound +0.5%/yr. Reported net income was $1.5B in FY2025, compounding +12.7%/yr from FY2021.
Key figures
Market cap $26.6B · Dividend yield 6.3% · Net margin 9.6% · Return on equity 7.5% · Return on assets (EBIT) 4.2% · Free cash flow −$1.0B · Net debt $26.3B.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (medium confidence).
What moves the price
The share trades about 16% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −31% fair-value upside, at −24%, DTB screens cheaper than that median.
Fair Value models
Bear $9.44Fair Value $11.28Bull $14.37
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.33/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+22.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−7.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.8%
Start year 2020 (pandemic). Over 10 years: +4.0% a year
Revenue growth 24 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.4%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+8.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+2.3%
Dividend (yield on the price)6.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.2.3% vs 3.9%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.15% → 13%
Compare DTE Energy Company 2020 Series with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Multi-Utilities” was too small, so the broader sector is used.)Utilities · 655 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "DTE Energy Company 2020 Series Fair Value". https://www.fairvalue-calculator.com/stock/DTB
Frequently asked questions
Is DTE Energy Company 2020 Series (DTB) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of $11.28 versus a price of $14.84, about −24% upside (overvalued).
What is the fair value of DTB?
Our model-based fair value for DTE Energy Company 2020 Series is $11.28 (as of Sep 27, 2026), built from audited fundamentals. The current price: $14.84.
What is the quality score of DTB?
DTE Energy Company 2020 Series has a Quality Score of 42/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for DTE Energy Company 2020 Series (DTB)?
Our model-based price target is the fair value of $11.28 (as of Sep 27, 2026) from 13 valuation models. Cautious scenario $9.44, optimistic scenario $14.37. It is a calculation from audited fundamentals, not an analyst target.
What is the DTE Energy Company 2020 Series stock forecast for 2026?
Our models put fair value at $11.28, about −24% upside versus a price of $14.84 (overvalued). Cautious scenario $9.44, optimistic scenario $14.37. The calculation is refreshed regularly with new filings.
Does DTE Energy Company 2020 Series pay a dividend?
DTE Energy Company 2020 Series currently shows a dividend yield of about 6.25% relative to its recent price (as of Sep 27, 2026).
What is the intrinsic value of DTE Energy Company 2020 Series (DTB)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For DTE Energy Company 2020 Series it is $11.28 per share (as of Sep 27, 2026), against a price of $14.84. It is the blended result of 13 valuation models (cash flow, earnings, asset, dividend).
Is DTE Energy Company 2020 Series stock overvalued or undervalued in 2026?
As of Sep 27, 2026, DTB trades above its calculated fair value: price $14.84, fair value $11.28, a gap of about −24% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of DTB?
No. The price is what the market pays today ($14.84); the fair value is what the company's own numbers justify ($11.28). For DTE Energy Company 2020 Series the two are $3.56 per share apart. That gap is exactly why we show both numbers side by side.
How much is DTE Energy Company 2020 Series worth?
The market values DTE Energy Company 2020 Series at about $26.6B (market capitalisation, as of Sep 27, 2026). Per share that is $14.84; our models calculate a fair value of $11.28 per share.
What do the bullish and bearish scenarios say about DTB?
Our models span a range for DTE Energy Company 2020 Series: cautious scenario $9.44, base $11.28, optimistic $14.37 per share (as of Sep 27, 2026, price $14.84). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of DTE Energy Company 2020 Series (DTB)?
Balance-sheet figures for DTE Energy Company 2020 Series (as of Sep 27, 2026): return on equity 7.5%, debt of 1.37 per unit of equity. They feed the Quality Score of 42/100, which measures business quality independently of the share price.
How far is DTB from its 52-week high?
DTE Energy Company 2020 Series trades at $14.84, about 16% below its 52-week high of $17.66 and 2% above the low of $14.50 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of $11.28 is for.
Which stocks are comparable to DTE Energy Company 2020 Series?
From the same area (Utilities) we also value NextEra Energy, Inc, Iberdrola, S.A, China Yangtze Power Co, Enel SpA, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is DTE Energy Company 2020 Series stock attractive at the current price?
The data as of Sep 27, 2026: price $14.84, calculated fair value $11.28 (−24%), Quality Score 42/100, from 13 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of DTB calculated?
We run DTE Energy Company 2020 Series through 13 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $11.28, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. DTE Energy Company 2020 Series itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of DTE Energy Company 2020 Series (DTB)?
The closing price on Oct 2, 2026 was $14.84. Our model-based fair value is $11.28, about −24% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with DTE Energy Company 2020 Series right now?
The price sits above even our optimistic bull case ($14.37). The favourable scenario is already priced in. Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Where does the earnings growth of DTE Energy Company 2020 Series (DTB) come from?
Earnings per share at DTE Energy Company 2020 Series grew +4.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share +0.3 %, EBIT margin +2.0 %, tax rate +2.8 %, residual (interest, one-offs) −0.7 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of DTE Energy Company 2020 Series
How large is the market capitalisation of DTE Energy Company 2020 Series (DTB)?
The market capitalisation of DTE Energy Company 2020 Series is $26.6B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the dividend yield of DTE Energy Company 2020 Series (DTB)?
The dividend yield of DTE Energy Company 2020 Series is 6.3%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of DTE Energy Company 2020 Series (DTB)?
The net margin of DTE Energy Company 2020 Series is 9.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of DTE Energy Company 2020 Series (DTB)?
The return on equity (ROE) of DTE Energy Company 2020 Series is 7.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of DTE Energy Company 2020 Series (DTB)?
On an EBIT basis the return on assets of DTE Energy Company 2020 Series is 4.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
How much free cash flow does DTE Energy Company 2020 Series (DTB) generate?
The free cash flow of DTE Energy Company 2020 Series is −$1.0B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does DTE Energy Company 2020 Series (DTB) carry?
The net debt of DTE Energy Company 2020 Series is $26.3B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Sep 27, 2026