CAL-MAINE FOODS INC (CALM) Stock Fundamental Analysis
USA - NASDAQ:CALM - US1280302027 - Common Stock
90.47 USD
-1.1 (-1.2%)
90.4748 USD
+0 (+0.01%)
We assign a fundamental rating of 8 out of 10 to CALM. CALM was compared to 86 industry peers in the Food Products industry. Both the health and profitability get an excellent rating, making CALM a very profitable company, without any liquidiy or solvency issues. CALM may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make CALM suitable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year CALM was profitable.
CALM had a positive operating cash flow in the past year.
CALM had positive earnings in each of the past 5 years.
In the past 5 years CALM always reported a positive cash flow from operatings.
1.2 Ratios
CALM has a better Return On Assets (39.71%) than 100.00% of its industry peers.
CALM has a Return On Equity of 47.07%. This is amongst the best in the industry. CALM outperforms 100.00% of its industry peers.
CALM has a better Return On Invested Capital (41.57%) than 98.84% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CALM is above the industry average of 29.14%.
The last Return On Invested Capital (41.57%) for CALM is above the 3 year average (31.96%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 39.71% | ||
| ROE | 47.07% | ||
| ROIC | 41.57% |
ROA(3y)30.35%
ROA(5y)20.1%
ROE(3y)36.71%
ROE(5y)24.47%
ROIC(3y)31.96%
ROIC(5y)N/A
1.3 Margins
CALM has a better Profit Margin (28.86%) than 98.84% of its industry peers.
In the last couple of years the Profit Margin of CALM has grown nicely.
CALM has a better Operating Margin (36.21%) than 98.84% of its industry peers.
In the last couple of years the Operating Margin of CALM has grown nicely.
CALM's Gross Margin of 43.54% is amongst the best of the industry. CALM outperforms 97.67% of its industry peers.
CALM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.21% | ||
| PM (TTM) | 28.86% | ||
| GM | 43.54% |
OM growth 3Y64.86%
OM growth 5Y138.61%
PM growth 3Y56.51%
PM growth 5Y83.89%
GM growth 3Y31.21%
GM growth 5Y26.32%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CALM is creating value.
CALM has less shares outstanding than it did 1 year ago.
CALM has less 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 10.06 indicates that CALM is not in any danger for bankruptcy at the moment.
CALM has a better Altman-Z score (10.06) than 95.35% of its industry peers.
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 | 10.06 |
ROIC/WACC4.73
WACC8.78%
2.3 Liquidity
A Current Ratio of 6.84 indicates that CALM has no problem at all paying its short term obligations.
The Current ratio of CALM (6.84) is better than 96.51% of its industry peers.
CALM has a Quick Ratio of 5.62. This indicates that CALM is financially healthy and has no problem in meeting its short term obligations.
CALM has a better Quick ratio (5.62) than 95.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.84 | ||
| Quick Ratio | 5.62 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 221.11% over the past year.
Measured over the past years, CALM shows a very strong growth in Earnings Per Share. The EPS has been growing by 132.15% on average per year.
The Revenue has grown by 65.80% in the past year. This is a very strong growth!
The Revenue has been growing by 25.82% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)221.11%
EPS 3Y109.59%
EPS 5Y132.15%
EPS Q2Q%34.64%
Revenue 1Y (TTM)65.8%
Revenue growth 3Y33.85%
Revenue growth 5Y25.82%
Sales Q2Q%17.4%
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 -33.60% yearly.
CALM is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -4.92% yearly.
EPS Next Y-58.4%
EPS Next 2Y-50.47%
EPS Next 3Y-33.6%
EPS Next 5YN/A
Revenue Next Year-16.88%
Revenue Next 2Y-13.67%
Revenue Next 3Y-4.92%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 3.48, which indicates a rather cheap valuation of CALM.
Based on the Price/Earnings ratio, CALM is valued cheaper than 98.84% of the companies in the same industry.
When comparing the Price/Earnings ratio of CALM to the average of the S&P500 Index (25.89), we can say CALM is valued rather cheaply.
The Price/Forward Earnings ratio is 14.78, which indicates a correct valuation of CALM.
Based on the Price/Forward Earnings ratio, CALM is valued a bit cheaper than the industry average as 70.93% of the companies are valued more expensively.
CALM is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.48 | ||
| Fwd PE | 14.78 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CALM indicates a rather cheap valuation: CALM is cheaper than 97.67% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CALM indicates a rather cheap valuation: CALM is cheaper than 95.35% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.61 | ||
| EV/EBITDA | 1.26 |
4.3 Compensation for Growth
CALM has an outstanding profitability rating, which may justify a higher PE ratio.
CALM's earnings are expected to decrease with -33.60% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.03
EPS Next 2Y-50.47%
EPS Next 3Y-33.6%
5. Dividend
5.1 Amount
CALM has a Yearly Dividend Yield of 6.02%, which is a nice return.
Compared to an average industry Dividend Yield of 5.16, CALM pays a better dividend. On top of this CALM pays more dividend than 87.21% of the companies listed in the same industry.
CALM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.02% |
5.2 History
CALM has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of CALM decreased recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
32.04% of the earnings are spent on dividend by CALM. This is a low number and sustainable payout ratio.
DP32.04%
EPS Next 2Y-50.47%
EPS Next 3Y-33.6%
90.47
-1.1 (-1.2%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners94.36%
Inst Owner Change1.81%
Ins Owners5.95%
Ins Owner Change-4.58%
Market Cap4.39B
Revenue(TTM)4.40B
Net Income(TTM)1.27B
Analysts76
Price Target104.04 (15%)
Short Float %10.51%
Short Ratio4.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.02% |
Yearly Dividend6.77
Dividend Growth(5Y)N/A
DP32.04%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.25%
Min EPS beat(2)-20.75%
Max EPS beat(2)18.25%
EPS beat(4)2
Avg EPS beat(4)2.48%
Min EPS beat(4)-20.75%
Max EPS beat(4)19.09%
EPS beat(8)4
Avg EPS beat(8)-0.34%
EPS beat(12)6
Avg EPS beat(12)-6.71%
EPS beat(16)7
Avg EPS beat(16)-9.88%
Revenue beat(2)1
Avg Revenue beat(2)4.55%
Min Revenue beat(2)-5.81%
Max Revenue beat(2)14.91%
Revenue beat(4)2
Avg Revenue beat(4)7.74%
Min Revenue beat(4)-5.81%
Max Revenue beat(4)24.55%
Revenue beat(8)4
Avg Revenue beat(8)7.09%
Revenue beat(12)6
Avg Revenue beat(12)5.89%
Revenue beat(16)8
Avg Revenue beat(16)4.66%
PT rev (1m)-4.67%
PT rev (3m)-6.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-50.58%
EPS NY rev (1m)-35.87%
EPS NY rev (3m)20.34%
Revenue NQ rev (1m)2.65%
Revenue NQ rev (3m)-10.82%
Revenue NY rev (1m)2.51%
Revenue NY rev (3m)-8.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.48 | ||
| Fwd PE | 14.78 | ||
| P/S | 1 | ||
| P/FCF | 3.61 | ||
| P/OCF | 3.17 | ||
| P/B | 1.63 | ||
| P/tB | 1.71 | ||
| EV/EBITDA | 1.26 |
EPS(TTM)26.01
EY28.75%
EPS(NY)6.12
Fwd EY6.76%
FCF(TTM)25.05
FCFY27.69%
OCF(TTM)28.58
OCFY31.59%
SpS90.69
BVpS55.6
TBVpS53
PEG (NY)N/A
PEG (5Y)0.03
Graham Number180.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 39.71% | ||
| ROE | 47.07% | ||
| ROCE | 54.43% | ||
| ROIC | 41.57% | ||
| ROICexc | 72.71% | ||
| ROICexgc | 78.65% | ||
| OM | 36.21% | ||
| PM (TTM) | 28.86% | ||
| GM | 43.54% | ||
| FCFM | 27.62% |
ROA(3y)30.35%
ROA(5y)20.1%
ROE(3y)36.71%
ROE(5y)24.47%
ROIC(3y)31.96%
ROIC(5y)N/A
ROICexc(3y)56.96%
ROICexc(5y)N/A
ROICexgc(3y)59.91%
ROICexgc(5y)N/A
ROCE(3y)41.84%
ROCE(5y)N/A
ROICexgc growth 3Y101.46%
ROICexgc growth 5Y173.05%
ROICexc growth 3Y102.41%
ROICexc growth 5Y174.29%
OM growth 3Y64.86%
OM growth 5Y138.61%
PM growth 3Y56.51%
PM growth 5Y83.89%
GM growth 3Y31.21%
GM growth 5Y26.32%
F-Score9
Asset Turnover1.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 168.04% | ||
| Cap/Sales | 3.88% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 81.78% | ||
| Profit Quality | 95.72% | ||
| Current Ratio | 6.84 | ||
| Quick Ratio | 5.62 | ||
| Altman-Z | 10.06 |
F-Score9
WACC8.78%
ROIC/WACC4.73
Cap/Depr(3y)181.35%
Cap/Depr(5y)161.95%
Cap/Sales(3y)4.82%
Cap/Sales(5y)5.11%
Profit Quality(3y)97.5%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)221.11%
EPS 3Y109.59%
EPS 5Y132.15%
EPS Q2Q%34.64%
EPS Next Y-58.4%
EPS Next 2Y-50.47%
EPS Next 3Y-33.6%
EPS Next 5YN/A
Revenue 1Y (TTM)65.8%
Revenue growth 3Y33.85%
Revenue growth 5Y25.82%
Sales Q2Q%17.4%
Revenue Next Year-16.88%
Revenue Next 2Y-13.67%
Revenue Next 3Y-4.92%
Revenue Next 5YN/A
EBIT growth 1Y218.24%
EBIT growth 3Y120.66%
EBIT growth 5Y200.22%
EBIT Next Year-26.44%
EBIT Next 3Y-30.79%
EBIT Next 5YN/A
FCF growth 1Y110.12%
FCF growth 3Y170.39%
FCF growth 5YN/A
OCF growth 1Y94.13%
OCF growth 3Y113.3%
OCF growth 5Y75.48%
CAL-MAINE FOODS INC / CALM FAQ
Can you provide the ChartMill fundamental rating for CAL-MAINE FOODS INC?
ChartMill assigns a fundamental rating of 8 / 10 to CALM.
What is the valuation status for CALM stock?
ChartMill assigns a valuation rating of 7 / 10 to CAL-MAINE FOODS INC (CALM). This can be considered as Undervalued.
What is the profitability of CALM stock?
CAL-MAINE FOODS INC (CALM) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for CALM stock?
The Price/Earnings (PE) ratio for CAL-MAINE FOODS INC (CALM) is 3.48 and the Price/Book (PB) ratio is 1.63.
How financially healthy is CAL-MAINE FOODS INC?
The financial health rating of CAL-MAINE FOODS INC (CALM) is 10 / 10.