WallStSmart

DT Midstream Inc (DTM)vsEnergy Transfer LP (ET)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Energy Transfer LP generates 8097% more annual revenue ($107.38B vs $1.31B). DTM leads profitability with a 35.7% profit margin vs 4.9%. ET trades at a lower P/E of 14.9x. ET earns a higher WallStSmart Score of 72/100 (B).

DTM

Buy

55

out of 100

Grade: C

Growth: 6.0Profit: 8.0Value: 4.3Quality: 5.0
Piotroski: 5/9Altman Z: 1.05

ET

Strong Buy

72

out of 100

Grade: B

Growth: 7.3Profit: 6.0Value: 8.7Quality: 4.3
Piotroski: 3/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

DTMSignificantly Overvalued (-68.8%)

Margin of Safety

-68.8%

Fair Value

$78.01

Current Price

$125.05

$47.04 premium

UndervaluedFair: $78.01Overvalued
ETUndervalued (+86.4%)

Margin of Safety

+86.4%

Fair Value

$156.76

Current Price

$20.46

$136.30 discount

UndervaluedFair: $156.76Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

DTM3 strengths · Avg: 9.3/10
Profit MarginProfitability
35.7%10/10

Keeps 36 of every $100 in revenue as profit

Operating MarginProfitability
50.4%10/10

Strong operational efficiency at 50.4%

Price/BookValuation
2.7x8/10

Reasonable price relative to book value

ET6 strengths · Avg: 8.8/10
Revenue GrowthGrowth
78.4%10/10

Revenue surging 78.4% year-over-year

EPS GrowthGrowth
85.3%10/10

Earnings expanding 85.3% YoY

Market CapQuality
$74.20B9/10

Large-cap with strong market position

PEG RatioValuation
0.678/10

Growing faster than its price suggests

P/E RatioValuation
14.9x8/10

Attractively priced relative to earnings

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

Areas to Watch

DTM3 concerns · Avg: 3.3/10
P/E RatioValuation
27.4x4/10

Moderate valuation

EPS GrowthGrowth
4.8%4/10

4.8% earnings growth

Altman Z-ScoreHealth
1.052/10

Distress zone — elevated risk

ET3 concerns · Avg: 3.0/10
Profit MarginProfitability
4.9%3/10

4.9% margin — thin

Debt/EquityHealth
1.993/10

Elevated debt levels

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : DTM

The strongest argument for DTM centers on Profit Margin, Operating Margin, Price/Book. Profitability is solid with margins at 35.7% and operating margin at 50.4%. Revenue growth of 11.0% demonstrates continued momentum.

Bull Case : ET

The strongest argument for ET centers on Revenue Growth, EPS Growth, Market Cap. Revenue growth of 78.4% demonstrates continued momentum. PEG of 0.67 suggests the stock is reasonably priced for its growth.

Bear Case : DTM

The primary concerns for DTM are P/E Ratio, EPS Growth, Altman Z-Score.

Bear Case : ET

The primary concerns for ET are Profit Margin, Debt/Equity, Piotroski F-Score. Debt-to-equity of 1.99 is elevated, increasing financial risk. Thin 4.9% margins leave little buffer for downturns.

Key Dynamics to Monitor

DTM profiles as a mature stock while ET is a hypergrowth play — different risk/reward profiles.

DTM carries more volatility with a beta of 0.72 — expect wider price swings.

ET is growing revenue faster at 78.4% — sustainability is the question.

ET generates stronger free cash flow (2.7B), providing more financial flexibility.

Bottom Line

ET scores higher overall (72/100 vs 55/100) and 78.4% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

DT Midstream Inc

ENERGY · OIL & GAS MIDSTREAM · USA

DT Midstream Inc. is a premier energy infrastructure company focused on the transportation, storage, and processing of natural gas and natural gas liquids across the United States. Boasting a robust portfolio that includes over 1,000 miles of interstate pipelines and extensive storage facilities, DT Midstream plays a crucial role in ensuring energy reliability while actively pursuing sustainability initiatives. The company’s emphasis on operational excellence and innovative solutions enhances its competitive edge in the evolving energy landscape, presenting a compelling investment opportunity for institutional investors seeking growth in North America's energy sector.

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Energy Transfer LP

ENERGY · OIL & GAS MIDSTREAM · USA

Energy Transfer LP offers energy related services. The company is headquartered in Dallas, Texas.

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