CAL-MAINE FOODS INC (CALM) Fundamental Analysis & Valuation

NASDAQ:CALM • US1280302027

89.84 USD
+0.49 (+0.55%)
At close: Mar 6, 2026
89.63 USD
-0.21 (-0.23%)
After Hours: 3/6/2026, 8:04:12 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This CALM fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

8

We assign a fundamental rating of 8 out of 10 to CALM. CALM was compared to 88 industry peers in the Food Products industry. CALM gets an excellent profitability rating and is at the same time showing great financial health properties. CALM may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, CALM could be worth investigating further for value and quality investing!.


Dividend Valuation Growth Profitability Health

9

1. CALM Profitability Analysis

1.1 Basic Checks

  • In the past year CALM was profitable.
  • In the past year CALM had a positive cash flow from operations.
  • CALM had positive earnings in each of the past 5 years.
  • Each year in the past 5 years CALM had a positive operating cash flow.
CALM Yearly Net Income VS EBIT VS OCF VS FCFCALM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B

1.2 Ratios

  • The Return On Assets of CALM (36.68%) is better than 100.00% of its industry peers.
  • Looking at the Return On Equity, with a value of 42.84%, CALM belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • The Return On Invested Capital of CALM (37.57%) is better than 98.86% of its industry peers.
  • CALM had an Average Return On Invested Capital over the past 3 years of 31.96%. This is above the industry average of 28.23%.
  • The last Return On Invested Capital (37.57%) for CALM is above the 3 year average (31.96%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 36.68%
ROE 42.84%
ROIC 37.57%
ROA(3y)30.35%
ROA(5y)20.1%
ROE(3y)36.71%
ROE(5y)24.47%
ROIC(3y)31.96%
ROIC(5y)N/A
CALM Yearly ROA, ROE, ROICCALM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 30 40

1.3 Margins

  • CALM has a Profit Margin of 27.37%. This is amongst the best in the industry. CALM outperforms 98.86% 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 34.15%, CALM belongs to the top of the industry, outperforming 98.86% of the companies in the same industry.
  • In the last couple of years the Operating Margin of CALM has grown nicely.
  • CALM has a better Gross Margin (41.92%) than 94.32% of its industry peers.
  • In the last couple of years the Gross Margin of CALM has grown nicely.
Industry RankSector Rank
OM 34.15%
PM (TTM) 27.37%
GM 41.92%
OM growth 3Y64.86%
OM growth 5Y138.61%
PM growth 3Y56.51%
PM growth 5Y83.89%
GM growth 3Y31.21%
GM growth 5Y26.32%
CALM Yearly Profit, Operating, Gross MarginsCALM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

10

2. CALM Health Analysis

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.
CALM Yearly Shares OutstandingCALM Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M
CALM Yearly Total Debt VS Total AssetsCALM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • CALM has an Altman-Z score of 10.31. This indicates that CALM is financially healthy and has little risk of bankruptcy at the moment.
  • CALM has a better Altman-Z score (10.31) than 95.45% 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 RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 10.31
ROIC/WACC4.27
WACC8.79%
CALM Yearly LT Debt VS Equity VS FCFCALM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B 2B 2.5B

2.3 Liquidity

  • CALM has a Current Ratio of 8.02. This indicates that CALM is financially healthy and has no problem in meeting its short term obligations.
  • The Current ratio of CALM (8.02) is better than 96.59% of its industry peers.
  • A Quick Ratio of 6.46 indicates that CALM has no problem at all paying its short term obligations.
  • Looking at the Quick ratio, with a value of 6.46, CALM belongs to the top of the industry, outperforming 96.59% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 8.02
Quick Ratio 6.46
CALM Yearly Current Assets VS Current LiabilitesCALM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. CALM Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 93.70% over the past year.
  • The Earnings Per Share has been growing by 132.15% on average over the past years. This is a very strong growth
  • CALM shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.60%.
  • The Revenue has been growing by 25.82% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)93.7%
EPS 3Y109.59%
EPS 5Y132.15%
EPS Q2Q%-52.35%
Revenue 1Y (TTM)36.6%
Revenue growth 3Y33.85%
Revenue growth 5Y25.82%
Sales Q2Q%-19.4%

3.2 Future

  • Based on estimates for the next years, CALM will show a very negative growth in Earnings Per Share. The EPS will decrease by -37.32% on average per year.
  • The Revenue is expected to decrease by -8.27% on average over the next years.
EPS Next Y-66.8%
EPS Next 2Y-57.19%
EPS Next 3Y-37.32%
EPS Next 5YN/A
Revenue Next Year-26.26%
Revenue Next 2Y-18.67%
Revenue Next 3Y-8.27%
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.
CALM Yearly Revenue VS EstimatesCALM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B 4B
CALM Yearly EPS VS EstimatesCALM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 5 10 15 20

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Find the best growth stocksShow best growing peers

7

4. CALM Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 3.80, the valuation of CALM can be described as very cheap.
  • Based on the Price/Earnings ratio, CALM is valued cheaply inside the industry as 97.73% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 26.29, CALM is valued rather cheaply.
  • A Price/Forward Earnings ratio of 19.65 indicates a rather expensive valuation of CALM.
  • 62.50% of the companies in the same industry are more expensive than CALM, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of CALM to the average of the S&P500 Index (24.57), we can say CALM is valued slightly cheaper.
Industry RankSector Rank
PE 3.8
Fwd PE 19.65
CALM Price Earnings VS Forward Price EarningsCALM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, CALM is valued cheaply inside the industry as 97.73% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, CALM is valued cheaper than 98.86% of the companies in the same industry.
Industry RankSector Rank
P/FCF 3.66
EV/EBITDA 1.52
CALM Per share dataCALM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80

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 -37.32% in the coming years.
PEG (NY)N/A
PEG (5Y)0.03
EPS Next 2Y-57.19%
EPS Next 3Y-37.32%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. CALM Dividend Analysis

5.1 Amount

  • CALM has a Yearly Dividend Yield of 3.24%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 2.21, CALM pays a bit more dividend than its industry peers.
  • CALM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 3.24%

5.2 History

  • CALM has paid a dividend for at least 10 years, which is a reliable track record.
  • The dividend of CALM decreased recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
CALM Yearly Dividends per shareCALM Yearly Dividends per shareYearly Dividends per share 2016 2018 2019 2021 2022 2023 2024 2025 2026 2 4 6 8

5.3 Sustainability

  • 36.69% of the earnings are spent on dividend by CALM. This is a low number and sustainable payout ratio.
DP36.69%
EPS Next 2Y-57.19%
EPS Next 3Y-37.32%
CALM Yearly Income VS Free CF VS DividendCALM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M 1B
CALM Dividend Payout.CALM Dividend Payout, showing the Payout Ratio.CALM Dividend Payout.PayoutRetained Earnings

More info and screens

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CALM Fundamentals: All Metrics, Ratios and Statistics

CAL-MAINE FOODS INC

NASDAQ:CALM (3/6/2026, 8:04:12 PM)

After market: 89.63 -0.21 (-0.23%)

89.84

+0.49 (+0.55%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)01-07
Earnings (Next)03-31
Inst Owners90.11%
Inst Owner Change-2.45%
Ins Owners6.08%
Ins Owner Change0.47%
Market Cap4.28B
Revenue(TTM)4.21B
Net Income(TTM)1.15B
Analysts74.55
Price Target88.83 (-1.12%)
Short Float %12.97%
Short Ratio4.35
Dividend
Industry RankSector Rank
Dividend Yield 3.24%
Yearly Dividend6.77
Dividend Growth(5Y)N/A
DP36.69%
Div Incr Years1
Div Non Decr Years1
Ex-Date01-28
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.48%
Min EPS beat(2)-20.75%
Max EPS beat(2)7.78%
EPS beat(4)2
Avg EPS beat(4)-0.35%
Min EPS beat(4)-20.75%
Max EPS beat(4)18.25%
EPS beat(8)5
Avg EPS beat(8)7.94%
EPS beat(12)7
Avg EPS beat(12)-5.57%
EPS beat(16)8
Avg EPS beat(16)-3.68%
Revenue beat(2)0
Avg Revenue beat(2)-7.26%
Min Revenue beat(2)-8.71%
Max Revenue beat(2)-5.81%
Revenue beat(4)1
Avg Revenue beat(4)-0.58%
Min Revenue beat(4)-8.71%
Max Revenue beat(4)14.91%
Revenue beat(8)4
Avg Revenue beat(8)6.29%
Revenue beat(12)6
Avg Revenue beat(12)5.29%
Revenue beat(16)8
Avg Revenue beat(16)4.21%
PT rev (1m)-0.75%
PT rev (3m)-14.62%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-56.98%
EPS NY rev (1m)0.03%
EPS NY rev (3m)-20.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-25.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-11.28%
Valuation
Industry RankSector Rank
PE 3.8
Fwd PE 19.65
P/S 1.02
P/FCF 3.66
P/OCF 3.15
P/B 1.59
P/tB 1.68
EV/EBITDA 1.52
EPS(TTM)23.67
EY26.35%
EPS(NY)4.57
Fwd EY5.09%
FCF(TTM)24.56
FCFY27.33%
OCF(TTM)28.5
OCFY31.72%
SpS88.42
BVpS56.48
TBVpS53.5
PEG (NY)N/A
PEG (5Y)0.03
Graham Number173.44
Profitability
Industry RankSector Rank
ROA 36.68%
ROE 42.84%
ROCE 49.19%
ROIC 37.57%
ROICexc 61.53%
ROICexgc 66.85%
OM 34.15%
PM (TTM) 27.37%
GM 41.92%
FCFM 27.77%
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 Turnover1.34
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 173.94%
Cap/Sales 4.46%
Interest Coverage 250
Cash Conversion 87.78%
Profit Quality 101.48%
Current Ratio 8.02
Quick Ratio 6.46
Altman-Z 10.31
F-Score9
WACC8.79%
ROIC/WACC4.27
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)93.7%
EPS 3Y109.59%
EPS 5Y132.15%
EPS Q2Q%-52.35%
EPS Next Y-66.8%
EPS Next 2Y-57.19%
EPS Next 3Y-37.32%
EPS Next 5YN/A
Revenue 1Y (TTM)36.6%
Revenue growth 3Y33.85%
Revenue growth 5Y25.82%
Sales Q2Q%-19.4%
Revenue Next Year-26.26%
Revenue Next 2Y-18.67%
Revenue Next 3Y-8.27%
Revenue Next 5YN/A
EBIT growth 1Y93.22%
EBIT growth 3Y120.66%
EBIT growth 5Y200.22%
EBIT Next Year-59.82%
EBIT Next 3Y-33.53%
EBIT Next 5YN/A
FCF growth 1Y160.51%
FCF growth 3Y170.39%
FCF growth 5YN/A
OCF growth 1Y129.44%
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.


Can you provide the valuation status for CAL-MAINE FOODS INC?

ChartMill assigns a valuation rating of 7 / 10 to CAL-MAINE FOODS INC (CALM). This can be considered as Undervalued.


Can you provide the profitability details for CAL-MAINE FOODS INC?

CAL-MAINE FOODS INC (CALM) has a profitability rating of 9 / 10.


Can you provide the expected EPS growth for CALM stock?

The Earnings per Share (EPS) of CAL-MAINE FOODS INC (CALM) is expected to decline by -66.8% in the next year.


Can you provide the dividend sustainability for CALM stock?

The dividend rating of CAL-MAINE FOODS INC (CALM) is 5 / 10 and the dividend payout ratio is 36.69%.