CAL-MAINE FOODS INC (CALM) Fundamental Analysis & Valuation
NASDAQ:CALM • US1280302027
88.5 USD
+0.51 (+0.58%)
At close: Mar 4, 2026
88.5 USD
0 (0%)
After Hours: 3/4/2026, 6:11:26 PM
This CALM fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
CALM gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 88 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make CALM suitable for value and quality investing!
1. CALM Profitability Analysis
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.
- CALM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- CALM has a better Return On Assets (36.68%) than 100.00% of its industry peers.
- CALM has a Return On Equity of 42.84%. This is amongst the best in the industry. CALM outperforms 100.00% of its industry peers.
- CALM has a Return On Invested Capital of 37.57%. This is amongst the best in the industry. CALM outperforms 98.86% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for CALM 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 Rank | Sector 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
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.
- In the last couple of years the Profit Margin of CALM has grown nicely.
- With an excellent Operating Margin value of 34.15%, CALM belongs to the best 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.
- The Gross Margin of CALM (41.92%) is better than 94.32% of its industry peers.
- CALM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector 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%
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.
- Compared to 5 years ago, CALM has less shares outstanding
- 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.
- With an excellent Altman-Z score value of 10.23, CALM belongs to the best of the industry, outperforming 95.45% 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 | 10.23 |
ROIC/WACC4.32
WACC8.7%
2.3 Liquidity
- A Current Ratio of 8.02 indicates that CALM has no problem at all paying 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.
- The Quick ratio of CALM (6.46) is better than 96.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.02 | ||
| Quick Ratio | 6.46 |
3. CALM Growth Analysis
3.1 Past
- CALM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 93.70%, which is quite impressive.
- CALM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 132.15% yearly.
- CALM shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.60%.
- CALM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 25.82% yearly.
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
- The Earnings Per Share is expected to decrease by -37.32% on average over the next years. This is quite bad
- CALM is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -8.27% yearly.
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.
4. CALM Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 3.74, the valuation of CALM can be described as very cheap.
- 97.73% of the companies in the same industry are more expensive than CALM, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 27.03, CALM is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 19.36, the valuation of CALM can be described as rather expensive.
- Based on the Price/Forward Earnings ratio, CALM is valued a bit cheaper than 62.50% of the companies in the same industry.
- CALM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.11, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.74 | ||
| Fwd PE | 19.36 |
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.
- 98.86% 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 | 3.6 | ||
| EV/EBITDA | 1.48 |
4.3 Compensation for Growth
- The excellent profitability rating of CALM may justify a higher PE ratio.
- CALM's earnings are expected to decrease with -37.32% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.03
EPS Next 2Y-57.19%
EPS Next 3Y-37.32%
5. CALM Dividend Analysis
5.1 Amount
- CALM has a Yearly Dividend Yield of 3.45%.
- CALM's Dividend Yield is a higher than the industry average which is at 2.23.
- CALM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
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
- CALM pays out 36.69% of its income as dividend. This is a sustainable payout ratio.
DP36.69%
EPS Next 2Y-57.19%
EPS Next 3Y-37.32%
CALM Fundamentals: All Metrics, Ratios and Statistics
88.5
+0.51 (+0.58%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)01-07 2026-01-07/bmo
Earnings (Next)04-06 2026-04-06
Inst Owners93.01%
Inst Owner Change-2.45%
Ins Owners5.95%
Ins Owner Change0.47%
Market Cap4.22B
Revenue(TTM)4.21B
Net Income(TTM)1.15B
Analysts74.55
Price Target88.83 (0.37%)
Short Float %12.97%
Short Ratio4.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
Yearly Dividend6.77
Dividend Growth(5Y)N/A
DP36.69%
Div Incr Years1
Div Non Decr Years1
Ex-Date01-28 2026-01-28 (0.723)
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.74 | ||
| Fwd PE | 19.36 | ||
| P/S | 1 | ||
| P/FCF | 3.6 | ||
| P/OCF | 3.11 | ||
| P/B | 1.57 | ||
| P/tB | 1.65 | ||
| EV/EBITDA | 1.48 |
EPS(TTM)23.67
EY26.75%
EPS(NY)4.57
Fwd EY5.17%
FCF(TTM)24.56
FCFY27.75%
OCF(TTM)28.5
OCFY32.2%
SpS88.42
BVpS56.48
TBVpS53.5
PEG (NY)N/A
PEG (5Y)0.03
Graham Number173.44
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 10.23 |
F-Score9
WACC8.7%
ROIC/WACC4.32
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%.