CAL-MAINE FOODS INC (CALM) Stock Fundamental Analysis
NASDAQ:CALM - Nasdaq - US1280302027 - Common Stock - Currency: USD
Overall CALM gets a fundamental rating of 8 out of 10. We evaluated CALM against 91 industry peers in the Food Products industry. CALM gets an excellent profitability rating and is at the same time showing great financial health properties. A decent growth rate in combination with a cheap valuation! Better keep an eye on CALM. CALM also has an excellent dividend rating. With these ratings, CALM could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
CALM had positive earnings in the past year.
CALM had a positive operating cash flow in the past year.
Each year in the past 5 years CALM has been profitable.
In the past 5 years CALM always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 25.26%, CALM belongs to the best of the industry, outperforming 97.80% of the companies in the same industry.
With an excellent Return On Equity value of 30.75%, CALM belongs to the best of the industry, outperforming 96.70% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 25.48%, CALM belongs to the top of the industry, outperforming 97.80% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CALM is significantly above the industry average of 8.87%.
The last Return On Invested Capital (25.48%) for CALM is above the 3 year average (20.77%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 25.26% | ||
| ROE | 30.75% | ||
| ROIC | 25.48% |
ROA(3y)20.27%
ROA(5y)12.5%
ROE(3y)24.83%
ROE(5y)15.31%
ROIC(3y)20.77%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CALM (20.39%) is better than 96.70% of its industry peers.
CALM's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 24.15%, CALM belongs to the top of the industry, outperforming 97.80% of the companies in the same industry.
CALM's Operating Margin has improved in the last couple of years.
CALM's Gross Margin of 32.68% is fine compared to the rest of the industry. CALM outperforms 74.73% of its industry peers.
In the last couple of years the Gross Margin of CALM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.15% | ||
| PM (TTM) | 20.39% | ||
| GM | 32.68% |
OM growth 3YN/A
OM growth 5Y30.29%
PM growth 3Y324.94%
PM growth 5Y24.57%
GM growth 3Y24.03%
GM growth 5Y7.29%
2. Health
2.1 Basic Checks
CALM has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
CALM has about the same amout of shares outstanding than it did 1 year ago.
CALM has more shares outstanding than it did 5 years ago.
There is no outstanding debt for CALM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 9.77 indicates that CALM is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 9.77, CALM belongs to the top of the industry, outperforming 96.70% of the companies in the same industry.
CALM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 9.77 |
ROIC/WACC2.9
WACC8.8%
2.3 Liquidity
A Current Ratio of 5.46 indicates that CALM has no problem at all paying its short term obligations.
With an excellent Current ratio value of 5.46, CALM belongs to the best of the industry, outperforming 96.70% of the companies in the same industry.
CALM has a Quick Ratio of 4.32. This indicates that CALM is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of CALM (4.32) is better than 95.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.46 | ||
| Quick Ratio | 4.32 |
3. Growth
3.1 Past
CALM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 31.97%, which is quite impressive.
The Earnings Per Share has been growing by 34.26% on average over the past years. This is a very strong growth
The Revenue has grown by 15.58% in the past year. This is quite good.
Measured over the past years, CALM shows a quite strong growth in Revenue. The Revenue has been growing by 11.32% on average per year.
EPS 1Y (TTM)31.97%
EPS 3Y401.99%
EPS 5Y34.26%
EPS Q2Q%1177.14%
Revenue 1Y (TTM)15.58%
Revenue growth 3Y19.92%
Revenue growth 5Y11.32%
Sales Q2Q%82.46%
3.2 Future
CALM is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -14.60% yearly.
The Revenue is expected to decrease by -0.80% on average over the next years.
EPS Next Y220.82%
EPS Next 2Y1.44%
EPS Next 3Y-14.6%
EPS Next 5YN/A
Revenue Next Year47.27%
Revenue Next 2Y2.03%
Revenue Next 3Y-0.8%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.01, the valuation of CALM can be described as very cheap.
Based on the Price/Earnings ratio, CALM is valued cheaply inside the industry as 95.60% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of CALM to the average of the S&P500 Index (29.41), we can say CALM is valued rather cheaply.
CALM is valuated correctly with a Price/Forward Earnings ratio of 16.45.
69.23% of the companies in the same industry are more expensive than CALM, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.12. CALM is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.01 | ||
| Fwd PE | 16.45 |
4.2 Price Multiples
90.11% of the companies in the same industry are more expensive than CALM, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, CALM is valued cheaply inside the industry as 83.52% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.92 | ||
| EV/EBITDA | 3.47 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of CALM may justify a higher PE ratio.
A cheap valuation may be justified as CALM's earnings are expected to decrease with -14.60% in the coming years.
PEG (NY)0.03
PEG (5Y)0.2
EPS Next 2Y1.44%
EPS Next 3Y-14.6%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.71%, CALM is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.92, CALM pays a better dividend. On top of this CALM pays more dividend than 92.31% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.30, CALM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.71% |
5.2 History
On average, the dividend of CALM grows each year by 16.93%, which is quite nice.
CALM has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of CALM decreased in the last 3 years.
Dividend Growth(5Y)16.93%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
22.63% of the earnings are spent on dividend by CALM. This is a low number and sustainable payout ratio.
DP22.63%
EPS Next 2Y1.44%
EPS Next 3Y-14.6%
NASDAQ:CALM (3/5/2025, 2:23:03 PM)
85.68
-2.86 (-3.23%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners91.92%
Inst Owner Change2.76%
Ins Owners1.29%
Ins Owner Change0.02%
Market Cap4.20B
Analysts80
Price Target104.55 (22.02%)
Short Float %11.66%
Short Ratio5.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.71% |
Yearly Dividend1.87
Dividend Growth(5Y)16.93%
DP22.63%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)23.83%
Min EPS beat(2)19.09%
Max EPS beat(2)28.57%
EPS beat(4)3
Avg EPS beat(4)16.23%
Min EPS beat(4)-5.68%
Max EPS beat(4)28.57%
EPS beat(8)5
Avg EPS beat(8)-8.18%
EPS beat(12)6
Avg EPS beat(12)-4.79%
EPS beat(16)8
Avg EPS beat(16)0.56%
Revenue beat(2)2
Avg Revenue beat(2)24.94%
Min Revenue beat(2)24.55%
Max Revenue beat(2)25.32%
Revenue beat(4)3
Avg Revenue beat(4)13.16%
Min Revenue beat(4)-0.44%
Max Revenue beat(4)25.32%
Revenue beat(8)5
Avg Revenue beat(8)8.23%
Revenue beat(12)7
Avg Revenue beat(12)5.8%
Revenue beat(16)8
Avg Revenue beat(16)3.31%
PT rev (1m)0%
PT rev (3m)31.41%
EPS NQ rev (1m)0%
EPS NQ rev (3m)295.95%
EPS NY rev (1m)0%
EPS NY rev (3m)89.8%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)68.22%
Revenue NY rev (1m)0%
Revenue NY rev (3m)31.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.01 | ||
| Fwd PE | 16.45 | ||
| P/S | 1.36 | ||
| P/FCF | 8.92 | ||
| P/OCF | 6.8 | ||
| P/B | 2.05 | ||
| P/tB | 2.12 | ||
| EV/EBITDA | 3.47 |
EPS(TTM)12.22
EY14.26%
EPS(NY)5.21
Fwd EY6.08%
FCF(TTM)9.6
FCFY11.21%
OCF(TTM)12.6
OCFY14.71%
SpS62.9
BVpS41.71
TBVpS40.44
PEG (NY)0.03
PEG (5Y)0.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 25.26% | ||
| ROE | 30.75% | ||
| ROCE | 33.41% | ||
| ROIC | 25.48% | ||
| ROICexc | 39.66% | ||
| ROICexgc | 41.46% | ||
| OM | 24.15% | ||
| PM (TTM) | 20.39% | ||
| GM | 32.68% | ||
| FCFM | 15.27% |
ROA(3y)20.27%
ROA(5y)12.5%
ROE(3y)24.83%
ROE(5y)15.31%
ROIC(3y)20.77%
ROIC(5y)N/A
ROICexc(3y)32.07%
ROICexc(5y)N/A
ROICexgc(3y)33.9%
ROICexgc(5y)N/A
ROCE(3y)27.23%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y33.01%
ROICexc growth 3YN/A
ROICexc growth 5Y33.69%
OM growth 3YN/A
OM growth 5Y30.29%
PM growth 3Y324.94%
PM growth 5Y24.57%
GM growth 3Y24.03%
GM growth 5Y7.29%
F-Score6
Asset Turnover1.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 169.54% | ||
| Cap/Sales | 4.76% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 74.32% | ||
| Profit Quality | 74.88% | ||
| Current Ratio | 5.46 | ||
| Quick Ratio | 4.32 | ||
| Altman-Z | 9.77 |
F-Score6
WACC8.8%
ROIC/WACC2.9
Cap/Depr(3y)159.46%
Cap/Depr(5y)170.4%
Cap/Sales(3y)4.91%
Cap/Sales(5y)6.2%
Profit Quality(3y)81.96%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)31.97%
EPS 3Y401.99%
EPS 5Y34.26%
EPS Q2Q%1177.14%
EPS Next Y220.82%
EPS Next 2Y1.44%
EPS Next 3Y-14.6%
EPS Next 5YN/A
Revenue 1Y (TTM)15.58%
Revenue growth 3Y19.92%
Revenue growth 5Y11.32%
Sales Q2Q%82.46%
Revenue Next Year47.27%
Revenue Next 2Y2.03%
Revenue Next 3Y-0.8%
Revenue Next 5YN/A
EBIT growth 1Y31.16%
EBIT growth 3YN/A
EBIT growth 5Y45.03%
EBIT Next Year299.8%
EBIT Next 3Y-5.88%
EBIT Next 5YN/A
FCF growth 1Y22.97%
FCF growth 3YN/A
FCF growth 5Y45.23%
OCF growth 1Y27.01%
OCF growth 3Y158.61%
OCF growth 5Y31.43%