Stock fact sheet · data as of
DTE Energy Company 2020 Series (DTB): fair value, margin of safety and Wheel Score
Ticker symbol DTB · Utilities · Regulated Electric · United States · Blend
Is DTB undervalued?
At 15.16 (close of 5 Nov 2026), DTB trades 53% below the GLS average fair value of 32.27. That average comes from 6 models run on the latest filings, and 3 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns DTE Energy Company 2020 Series the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
The 6 models disagree widely: GLS Growth gives 4.27 while Graham Number gives 91.29. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for DTB, so the nightly engine files it under Blend (value score 48, growth score 60, out of 100).
Nine valuation models for DTB
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 91.29 | +502% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 16.34 | +8% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 5.39 | -64% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 4.27 | -72% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 68.57 | +352% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 7.77 | -49% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -180.03 | -1288% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
On financial health DTB scores 7/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is low at 4.5 out of 10: returns on capital, margins or the balance sheet have not shown a lasting edge yet - often a young company, a thin-margin business or one that has only recently turned profitable.
Returns on capital are thin or negative - ROIC 3.8%, ROE 11.9%, ROA 2.7% - with debt at 2.16 times equity and negative free cash flow. Debt of 2.16 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
The dividend yield is 3.39% at a payout ratio of 69%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Electric 45%, Energy Trading 36%, Gas 14% (fiscal year FY2023).
Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 7 / 9 | ROIC | 3.8% |
|---|---|---|---|
| GLS Moat | 4.5 / 10 | ROE | 11.9% |
| Debt / equity | 2.16 | ROA | 2.7% |
| Free-cash-flow yield | -6.7% | Payout ratio | 69% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 34: No options
DTB has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business. It fails the first Wheel Trade Filter (options that actually trade), so the score stays under 70 and is shown as "No options" (34 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 41k shares a day on a market cap of $3.2B, with a beta of 0.50 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Fails | 7.0 years to repay its debt (over 6) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | no implied volatility |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 53% below fair value | |
| Premium | Weak | no option data | |
| Moat | Fair | moat 4.5/10 | |
| Health | Good | Piotroski 7/9 | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Fair | beta 0.50, $3.2B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
DTE Energy Company 2020 Series reports earnings on 5 Nov 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk. The next ex-dividend date is 31 Dec 2026 (0.2734 per share).
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Regulated Electric
The 12 companies below are the closest to DTE Energy Company 2020 Series by market cap within the Regulated Electric industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| DTG DTE Energy Company 2021 Series | 15.36 | 32.35 | +53% | 33No options | $3.2B |
| MGEE MGE Energy, Inc. | 77.59 | 45.16 | -72% | 34Weak | $2.9B |
| PAM Pampa Energía S.A. | 64.84 | 137.06 | +53% | 49Weak | $3.5B |
| WELPM Wisconsin Electric Power Company | 103.90 | 616.45 | +83% | 32No options | $2.1B |
| WELPP Wisconsin Electric Power Company PFD 3.60% | 62.00 | 391.26 | +84% | 28No options | $2.1B |
| ELPC Companhia Paranaense de Energia | 10.67 | 18.32 | +42% | 34No options | $2.0B |
| NWE Northwestern Energy Group Inc | 82.00 | 33.17 | -147% | 33Weak | $5.0B |
| CIG Companhia Energética de Minas Gerais | 1.82 | 4.36 | +58% | 44Weak | $5.2B |
| POR Portland General Electric Company | 46.00 | 27.26 | -69% | 27Weak | $5.5B |
| ENIC Enel Chile S.A. | 4.39 | 5.18 | +15% | 35Weak | $6.1B |
| UEPEM Union Electric Company | 60.05 | 52.24 | -15% | 20No options | $6.1B |
| CMSC CMS Energy Corporation 5.875% J | 20.36 | 30.94 | +34% | 30No options | $6.2B |
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Start free See the Sunday ScanQuestions about DTB
Is DTB undervalued right now?
By the GLS models, yes: at 15.16 the stock is 53% below the average fair value of 32.27 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of DTB and what does it mean?
DTB has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for DTB?
32.27 per share as of 5 Nov 2026 - the simple average of the 6 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does DTE Energy Company 2020 Series report earnings next?
The next earnings report is due on 5 Nov 2026 (before the open), 0 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does DTB have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on DTB, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.