CAMECO CORP (CCJ) Stock Fundamental Analysis
NYSE:CCJ - New York Stock Exchange, Inc. - CA13321L1085 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to CCJ. CCJ was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. CCJ has an excellent financial health rating, but there are some minor concerns on its profitability. While showing a medium growth rate, CCJ is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
CCJ had positive earnings in the past year.
CCJ had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: CCJ reported negative net income in multiple years.
In the past 5 years CCJ always reported a positive cash flow from operatings.
1.2 Ratios
CCJ has a Return On Assets (2.65%) which is comparable to the rest of the industry.
The Return On Equity of CCJ (3.83%) is comparable to the rest of the industry.
The Return On Invested Capital of CCJ (4.57%) is worse than 61.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CCJ is significantly below the industry average of 23.80%.
The last Return On Invested Capital (4.57%) for CCJ is above the 3 year average (2.19%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.65% | ||
| ROE | 3.83% | ||
| ROIC | 4.57% |
ROA(3y)2.13%
ROA(5y)0.87%
ROE(3y)3.38%
ROE(5y)1.39%
ROIC(3y)2.19%
ROIC(5y)N/A
1.3 Margins
CCJ has a Profit Margin (7.55%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of CCJ has grown nicely.
CCJ has a Operating Margin of 17.38%. This is comparable to the rest of the industry: CCJ outperforms 49.52% of its industry peers.
CCJ's Operating Margin has improved in the last couple of years.
The Gross Margin of CCJ (26.31%) is worse than 61.90% of its industry peers.
CCJ's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.38% | ||
| PM (TTM) | 7.55% | ||
| GM | 26.31% |
OM growth 3YN/A
OM growth 5Y26.35%
PM growth 3YN/A
PM growth 5Y6.65%
GM growth 3Y475.23%
GM growth 5Y13.99%
2. Health
2.1 Basic Checks
CCJ has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for CCJ has been increased compared to 1 year ago.
The number of shares outstanding for CCJ has been increased compared to 5 years ago.
Compared to 1 year ago, CCJ has an improved debt to assets ratio.
2.2 Solvency
CCJ has an Altman-Z score of 10.14. This indicates that CCJ is financially healthy and has little risk of bankruptcy at the moment.
CCJ's Altman-Z score of 10.14 is amongst the best of the industry. CCJ outperforms 94.29% of its industry peers.
The Debt to FCF ratio of CCJ is 1.37, which is an excellent value as it means it would take CCJ, only 1.37 years of fcf income to pay off all of its debts.
CCJ has a Debt to FCF ratio of 1.37. This is amongst the best in the industry. CCJ outperforms 86.19% of its industry peers.
A Debt/Equity ratio of 0.15 indicates that CCJ is not too dependend on debt financing.
The Debt to Equity ratio of CCJ (0.15) is better than 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.37 | ||
| Altman-Z | 10.14 |
ROIC/WACC0.57
WACC8.05%
2.3 Liquidity
A Current Ratio of 2.71 indicates that CCJ has no problem at all paying its short term obligations.
The Current ratio of CCJ (2.71) is better than 83.33% of its industry peers.
CCJ has a Quick Ratio of 1.26. This is a normal value and indicates that CCJ is financially healthy and should not expect problems in meeting its short term obligations.
CCJ's Quick ratio of 1.26 is fine compared to the rest of the industry. CCJ outperforms 66.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.71 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
CCJ shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.00%.
Measured over the past years, CCJ shows a very strong growth in Earnings Per Share. The EPS has been growing by 41.32% on average per year.
The Revenue has grown by 29.88% in the past year. This is a very strong growth!
Measured over the past years, CCJ shows a quite strong growth in Revenue. The Revenue has been growing by 10.98% on average per year.
EPS 1Y (TTM)0%
EPS 3YN/A
EPS 5Y41.32%
EPS Q2Q%23.08%
Revenue 1Y (TTM)29.88%
Revenue growth 3Y28.58%
Revenue growth 5Y10.98%
Sales Q2Q%24.45%
3.2 Future
CCJ is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 39.39% yearly.
CCJ is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 8.00% yearly.
EPS Next Y139.17%
EPS Next 2Y88.33%
EPS Next 3Y59.73%
EPS Next 5Y39.39%
Revenue Next Year12.57%
Revenue Next 2Y11.04%
Revenue Next 3Y9.22%
Revenue Next 5Y8%
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 stable.
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
With a Price/Earnings ratio of 159.87, CCJ can be considered very expensive at the moment.
Based on the Price/Earnings ratio, CCJ is valued a bit more expensive than the industry average as 68.10% of the companies are valued more cheaply.
CCJ's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.52.
Based on the Price/Forward Earnings ratio of 46.82, the valuation of CCJ can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CCJ indicates a slightly more expensive valuation: CCJ is more expensive than 67.62% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.58. CCJ is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 159.87 | ||
| Fwd PE | 46.82 |
4.2 Price Multiples
72.86% of the companies in the same industry are cheaper than CCJ, based on the Enterprise Value to EBITDA ratio.
CCJ's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 61.88 | ||
| EV/EBITDA | 50.56 |
4.3 Compensation for Growth
CCJ's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
CCJ's earnings are expected to grow with 59.73% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.15
PEG (5Y)3.87
EPS Next 2Y88.33%
EPS Next 3Y59.73%
5. Dividend
5.1 Amount
CCJ has a yearly dividend return of 0.16%, which is pretty low.
CCJ's Dividend Yield is slightly below the industry average, which is at 6.41.
Compared to an average S&P500 Dividend Yield of 2.35, CCJ's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.16% |
5.2 History
The dividend of CCJ is nicely growing with an annual growth rate of 14.96%!
CCJ has paid a dividend for at least 10 years, which is a reliable track record.
As CCJ did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)14.96%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
28.00% of the earnings are spent on dividend by CCJ. This is a low number and sustainable payout ratio.
CCJ's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP28%
EPS Next 2Y88.33%
EPS Next 3Y59.73%
75.14
+2.44 (+3.36%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners73.47%
Inst Owner Change0.01%
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap32.71B
Analysts82.35
Price Target95.15 (26.63%)
Short Float %4.22%
Short Ratio3.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.16% |
Yearly Dividend0.12
Dividend Growth(5Y)14.96%
DP28%
Div Incr Years1
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.43%
Min EPS beat(2)-19.32%
Max EPS beat(2)10.45%
EPS beat(4)1
Avg EPS beat(4)-39.82%
Min EPS beat(4)-103.96%
Max EPS beat(4)10.45%
EPS beat(8)2
Avg EPS beat(8)-19.84%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.88%
Min Revenue beat(2)-3.4%
Max Revenue beat(2)7.16%
Revenue beat(4)1
Avg Revenue beat(4)-5.7%
Min Revenue beat(4)-22.8%
Max Revenue beat(4)7.16%
Revenue beat(8)3
Avg Revenue beat(8)-7.71%
Revenue beat(12)5
Avg Revenue beat(12)-2.89%
Revenue beat(16)6
Avg Revenue beat(16)-3.32%
PT rev (1m)13.85%
PT rev (3m)16.5%
EPS NQ rev (1m)13.38%
EPS NQ rev (3m)77.3%
EPS NY rev (1m)16.47%
EPS NY rev (3m)8.04%
Revenue NQ rev (1m)-1.36%
Revenue NQ rev (3m)-2.1%
Revenue NY rev (1m)0.62%
Revenue NY rev (3m)0.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 159.87 | ||
| Fwd PE | 46.82 | ||
| P/S | 13.62 | ||
| P/FCF | 61.88 | ||
| P/OCF | 47.06 | ||
| P/B | 6.9 | ||
| P/tB | 6.95 | ||
| EV/EBITDA | 50.56 |
EPS(TTM)0.47
EY0.63%
EPS(NY)1.6
Fwd EY2.14%
FCF(TTM)1.21
FCFY1.62%
OCF(TTM)1.6
OCFY2.12%
SpS5.52
BVpS10.88
TBVpS10.82
PEG (NY)1.15
PEG (5Y)3.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.65% | ||
| ROE | 3.83% | ||
| ROCE | 6.48% | ||
| ROIC | 4.57% | ||
| ROICexc | 4.76% | ||
| ROICexgc | 4.78% | ||
| OM | 17.38% | ||
| PM (TTM) | 7.55% | ||
| GM | 26.31% | ||
| FCFM | 22% |
ROA(3y)2.13%
ROA(5y)0.87%
ROE(3y)3.38%
ROE(5y)1.39%
ROIC(3y)2.19%
ROIC(5y)N/A
ROICexc(3y)2.37%
ROICexc(5y)N/A
ROICexgc(3y)2.38%
ROICexgc(5y)N/A
ROCE(3y)3.11%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y32.23%
ROICexc growth 3YN/A
ROICexc growth 5Y32.37%
OM growth 3YN/A
OM growth 5Y26.35%
PM growth 3YN/A
PM growth 5Y6.65%
GM growth 3Y475.23%
GM growth 5Y13.99%
F-Score8
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.37 | ||
| Debt/EBITDA | 1.14 | ||
| Cap/Depr | 76.5% | ||
| Cap/Sales | 6.93% | ||
| Interest Coverage | 6.21 | ||
| Cash Conversion | 109.44% | ||
| Profit Quality | 291.24% | ||
| Current Ratio | 2.71 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z | 10.14 |
F-Score8
WACC8.05%
ROIC/WACC0.57
Cap/Depr(3y)75.33%
Cap/Depr(5y)63%
Cap/Sales(3y)6.79%
Cap/Sales(5y)6.27%
Profit Quality(3y)244.02%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3YN/A
EPS 5Y41.32%
EPS Q2Q%23.08%
EPS Next Y139.17%
EPS Next 2Y88.33%
EPS Next 3Y59.73%
EPS Next 5Y39.39%
Revenue 1Y (TTM)29.88%
Revenue growth 3Y28.58%
Revenue growth 5Y10.98%
Sales Q2Q%24.45%
Revenue Next Year12.57%
Revenue Next 2Y11.04%
Revenue Next 3Y9.22%
Revenue Next 5Y8%
EBIT growth 1Y80.21%
EBIT growth 3YN/A
EBIT growth 5Y40.22%
EBIT Next Year150.71%
EBIT Next 3Y53.03%
EBIT Next 5Y30.88%
FCF growth 1Y249.42%
FCF growth 3Y24.49%
FCF growth 5Y8.95%
OCF growth 1Y173.99%
OCF growth 3Y25.47%
OCF growth 5Y11.43%