CAL-MAINE FOODS INC (CALM) Stock Fundamental Analysis
USA - NASDAQ:CALM - US1280302027 - Common Stock
93.26 USD
+1.23 (+1.34%)
93.5 USD
+0.24 (+0.26%)
Taking everything into account, CALM scores 8 out of 10 in our fundamental rating. CALM was compared to 87 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 is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make CALM a good candidate for value and quality 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.
In the past 5 years CALM has always 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 39.71%, CALM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
The Return On Equity of CALM (47.07%) is better than 100.00% of its industry peers.
CALM has a better Return On Invested Capital (41.57%) than 98.85% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CALM is above the industry average of 28.34%.
The 3 year average ROIC (31.96%) for CALM is below the current ROIC(41.57%), indicating increased profibility in the last year.
| 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
Looking at the Profit Margin, with a value of 28.86%, CALM belongs to the top of the industry, outperforming 98.85% of the companies in the same industry.
CALM's Profit Margin has improved in the last couple of years.
CALM's Operating Margin of 36.21% is amongst the best of the industry. CALM outperforms 98.85% of its industry peers.
CALM's Operating Margin has improved in the last couple of years.
CALM has a better Gross Margin (43.54%) than 97.70% 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so CALM is creating value.
Compared to 1 year ago, CALM has less shares outstanding
The number of shares outstanding for CALM has been reduced compared to 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
CALM has an Altman-Z score of 10.23. This indicates that CALM is financially healthy and has little risk of bankruptcy at the moment.
CALM has a better Altman-Z score (10.23) than 94.25% of its industry peers.
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 10.23 |
ROIC/WACC4.78
WACC8.69%
2.3 Liquidity
CALM has a Current Ratio of 6.84. This indicates that CALM is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 6.84, CALM belongs to the best of the industry, outperforming 96.55% of the companies in the same industry.
A Quick Ratio of 5.62 indicates that CALM has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 5.62, CALM belongs to the top of the industry, outperforming 96.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.84 | ||
| Quick Ratio | 5.62 |
3. Growth
3.1 Past
CALM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 221.11%, which is quite impressive.
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.
Looking at the last year, CALM shows a very strong growth in Revenue. The Revenue has grown by 65.80%.
Measured over the past years, CALM shows a very strong growth in Revenue. The Revenue has been growing by 25.82% on average per year.
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
The Earnings Per Share is expected to decrease by -31.80% on average over the next years. This is quite bad
The Revenue is expected to decrease by -4.92% on average over the next years.
EPS Next Y-35.12%
EPS Next 2Y-44.63%
EPS Next 3Y-31.8%
EPS Next 5YN/A
Revenue Next Year-18.91%
Revenue Next 2Y-14.54%
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
A Price/Earnings ratio of 3.59 indicates a rather cheap valuation of CALM.
CALM's Price/Earnings ratio is rather cheap when compared to the industry. CALM is cheaper than 96.55% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.49, CALM is valued rather cheaply.
The Price/Forward Earnings ratio is 12.19, which indicates a correct valuation of CALM.
80.46% of the companies in the same industry are more expensive than CALM, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.99, CALM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.59 | ||
| Fwd PE | 12.19 |
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 96.55% of the companies listed in the same industry.
94.25% of the companies in the same industry are more expensive than CALM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.72 | ||
| EV/EBITDA | 1.34 |
4.3 Compensation for Growth
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 -31.80% in the coming years.
PEG (NY)N/A
PEG (5Y)0.03
EPS Next 2Y-44.63%
EPS Next 3Y-31.8%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.99%, CALM is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.05, CALM pays a better dividend. On top of this CALM pays more dividend than 87.36% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.43, CALM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.99% |
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-44.63%
EPS Next 3Y-31.8%
93.26
+1.23 (+1.34%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners94.36%
Inst Owner Change0.54%
Ins Owners5.95%
Ins Owner Change-2.68%
Market Cap4.52B
Analysts76
Price Target109.14 (17.03%)
Short Float %11.25%
Short Ratio5.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.99% |
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)-2.28%
PT rev (3m)5.25%
EPS NQ rev (1m)-6.25%
EPS NQ rev (3m)90.45%
EPS NY rev (1m)0%
EPS NY rev (3m)87.66%
Revenue NQ rev (1m)-3.35%
Revenue NQ rev (3m)31.75%
Revenue NY rev (1m)-12.58%
Revenue NY rev (3m)18.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.59 | ||
| Fwd PE | 12.19 | ||
| P/S | 1.03 | ||
| P/FCF | 3.72 | ||
| P/OCF | 3.26 | ||
| P/B | 1.68 | ||
| P/tB | 1.76 | ||
| EV/EBITDA | 1.34 |
EPS(TTM)26.01
EY27.89%
EPS(NY)7.65
Fwd EY8.2%
FCF(TTM)25.05
FCFY26.86%
OCF(TTM)28.58
OCFY30.64%
SpS90.69
BVpS55.6
TBVpS53
PEG (NY)N/A
PEG (5Y)0.03
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
ROICexcg growth 3Y101.46%
ROICexcg 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 | 10.23 |
F-Score9
WACC8.69%
ROIC/WACC4.78
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-35.12%
EPS Next 2Y-44.63%
EPS Next 3Y-31.8%
EPS Next 5YN/A
Revenue 1Y (TTM)65.8%
Revenue growth 3Y33.85%
Revenue growth 5Y25.82%
Sales Q2Q%17.4%
Revenue Next Year-18.91%
Revenue Next 2Y-14.54%
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%