CAMECO CORP (CCJ) Fundamental Analysis & Valuation

NYSE:CCJ • CA13321L1085

116.14 USD
+6.46 (+5.89%)
At close: Mar 9, 2026
115.51 USD
-0.63 (-0.54%)
After Hours: 3/9/2026, 8:04:00 PM

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

Fundamental Rating

6

CCJ gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 207 industry peers in the Oil, Gas & Consumable Fuels industry. While CCJ has a great health rating, its profitability is only average at the moment. CCJ is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. CCJ Profitability Analysis

1.1 Basic Checks

  • CCJ had positive earnings in the past year.
  • CCJ had a positive operating cash flow in the past year.
  • Of the past 5 years CCJ 4 years were profitable.
  • CCJ had a positive operating cash flow in each of the past 5 years.
CCJ Yearly Net Income VS EBIT VS OCF VS FCFCCJ 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

1.2 Ratios

  • CCJ has a Return On Assets of 5.72%. This is in the better half of the industry: CCJ outperforms 66.67% of its industry peers.
  • The Return On Equity of CCJ (8.54%) is comparable to the rest of the industry.
  • CCJ has a Return On Invested Capital (4.80%) which is comparable to the rest of the industry.
  • CCJ had an Average Return On Invested Capital over the past 3 years of 3.77%. This is significantly below the industry average of 22.53%.
  • The last Return On Invested Capital (4.80%) for CCJ is above the 3 year average (3.77%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 5.72%
ROE 8.54%
ROIC 4.8%
ROA(3y)3.7%
ROA(5y)2.15%
ROE(3y)5.72%
ROE(5y)3.32%
ROIC(3y)3.77%
ROIC(5y)N/A
CCJ Yearly ROA, ROE, ROICCCJ Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2 -2 4 -4 6 8

1.3 Margins

  • With a decent Profit Margin value of 16.93%, CCJ is doing good in the industry, outperforming 70.05% of the companies in the same industry.
  • In the last couple of years the Profit Margin of CCJ has grown nicely.
  • CCJ has a Operating Margin (17.84%) which is in line with its industry peers.
  • In the last couple of years the Operating Margin of CCJ has grown nicely.
  • CCJ has a Gross Margin of 27.87%. This is comparable to the rest of the industry: CCJ outperforms 41.55% of its industry peers.
  • In the last couple of years the Gross Margin of CCJ has grown nicely.
Industry RankSector Rank
OM 17.84%
PM (TTM) 16.93%
GM 27.87%
OM growth 3Y169.33%
OM growth 5YN/A
PM growth 3Y52.39%
PM growth 5YN/A
GM growth 3Y30.67%
GM growth 5Y36.36%
CCJ Yearly Profit, Operating, Gross MarginsCCJ Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20

8

2. CCJ Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CCJ is destroying value.
  • Compared to 1 year ago, CCJ has about the same amount of shares outstanding.
  • 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.
CCJ Yearly Shares OutstandingCCJ Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M
CCJ Yearly Total Debt VS Total AssetsCCJ Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • An Altman-Z score of 12.72 indicates that CCJ is not in any danger for bankruptcy at the moment.
  • CCJ has a better Altman-Z score (12.72) than 94.69% of its industry peers.
  • The Debt to FCF ratio of CCJ is 0.93, which is an excellent value as it means it would take CCJ, only 0.93 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of CCJ (0.93) is better than 88.41% of its industry peers.
  • CCJ has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
  • CCJ has a Debt to Equity ratio of 0.14. This is in the better half of the industry: CCJ outperforms 76.81% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.14
Debt/FCF 0.93
Altman-Z 12.72
ROIC/WACC0.61
WACC7.94%
CCJ Yearly LT Debt VS Equity VS FCFCCJ Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B

2.3 Liquidity

  • CCJ has a Current Ratio of 2.47. This indicates that CCJ is financially healthy and has no problem in meeting its short term obligations.
  • CCJ's Current ratio of 2.47 is amongst the best of the industry. CCJ outperforms 80.68% of its industry peers.
  • CCJ has a Quick Ratio of 1.52. This is a normal value and indicates that CCJ is financially healthy and should not expect problems in meeting its short term obligations.
  • CCJ has a Quick ratio of 1.52. This is in the better half of the industry: CCJ outperforms 71.50% of its industry peers.
Industry RankSector Rank
Current Ratio 2.47
Quick Ratio 1.52
CCJ Yearly Current Assets VS Current LiabilitesCCJ Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

6

3. CCJ Growth Analysis

3.1 Past

  • CCJ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 132.26%, which is quite impressive.
  • Measured over the past years, CCJ shows a very strong growth in Earnings Per Share. The EPS has been growing by 61.79% on average per year.
  • Looking at the last year, CCJ shows a quite strong growth in Revenue. The Revenue has grown by 11.04% in the last year.
  • CCJ shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 14.11% yearly.
EPS 1Y (TTM)132.26%
EPS 3Y61.79%
EPS 5YN/A
EPS Q2Q%38.89%
Revenue 1Y (TTM)11.04%
Revenue growth 3Y23.07%
Revenue growth 5Y14.11%
Sales Q2Q%1.52%

3.2 Future

  • CCJ is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.48% yearly.
  • CCJ is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.98% yearly.
EPS Next Y22.93%
EPS Next 2Y34.67%
EPS Next 3Y28.65%
EPS Next 5Y23.48%
Revenue Next Year0.38%
Revenue Next 2Y6.76%
Revenue Next 3Y5.08%
Revenue Next 5Y7.98%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
CCJ Yearly Revenue VS EstimatesCCJ Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B 4B 5B
CCJ Yearly EPS VS EstimatesCCJ Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 2 3 4

2

4. CCJ Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 110.61, the valuation of CCJ can be described as expensive.
  • Compared to the rest of the industry, the Price/Earnings ratio of CCJ indicates a slightly more expensive valuation: CCJ is more expensive than 65.70% of the companies listed in the same industry.
  • CCJ's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.46.
  • With a Price/Forward Earnings ratio of 89.56, CCJ can be considered very expensive at the moment.
  • Based on the Price/Forward Earnings ratio, CCJ is valued a bit more expensive than 63.77% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.65, CCJ is valued quite expensively.
Industry RankSector Rank
PE 110.61
Fwd PE 89.56
CCJ Price Earnings VS Forward Price EarningsCCJ Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, CCJ is valued a bit more expensive than 72.46% of the companies in the same industry.
  • CCJ's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 64.21
EV/EBITDA 70.97
CCJ Per share dataCCJ EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CCJ does not grow enough to justify the current Price/Earnings ratio.
  • The decent profitability rating of CCJ may justify a higher PE ratio.
  • CCJ's earnings are expected to grow with 28.65% in the coming years. This may justify a more expensive valuation.
PEG (NY)4.82
PEG (5Y)N/A
EPS Next 2Y34.67%
EPS Next 3Y28.65%

4

5. CCJ Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.15%, CCJ is not a good candidate for dividend investing.
  • CCJ's Dividend Yield is slightly below the industry average, which is at 3.41.
  • Compared to an average S&P500 Dividend Yield of 1.82, CCJ's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.15%

5.2 History

  • On average, the dividend of CCJ grows each year by 24.64%, which is quite nice.
  • 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)24.64%
Div Incr Years1
Div Non Decr Years6
CCJ Yearly Dividends per shareCCJ Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 0 0 0 0

5.3 Sustainability

  • 17.72% of the earnings are spent on dividend by CCJ. This is a low number and sustainable payout ratio.
  • The dividend of CCJ is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP17.72%
EPS Next 2Y34.67%
EPS Next 3Y28.65%
CCJ Yearly Income VS Free CF VS DividendCCJ 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 -200M 400M 600M 800M 1B
CCJ Dividend Payout.CCJ Dividend Payout, showing the Payout Ratio.CCJ Dividend Payout.PayoutRetained Earnings

CCJ Fundamentals: All Metrics, Ratios and Statistics

CAMECO CORP

NYSE:CCJ (3/9/2026, 8:04:00 PM)

After market: 115.51 -0.63 (-0.54%)

116.14

+6.46 (+5.89%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-13
Earnings (Next)04-29
Inst Owners68.8%
Inst Owner Change-1.15%
Ins Owners0.36%
Ins Owner ChangeN/A
Market Cap50.58B
Revenue(TTM)3.48B
Net Income(TTM)589.58M
Analysts81.05
Price Target165.19 (42.23%)
Short Float %1.19%
Short Ratio1.25
Dividend
Industry RankSector Rank
Dividend Yield 0.15%
Yearly Dividend0.18
Dividend Growth(5Y)24.64%
DP17.72%
Div Incr Years1
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-32.35%
Min EPS beat(2)-77.2%
Max EPS beat(2)12.51%
EPS beat(4)2
Avg EPS beat(4)-12.45%
Min EPS beat(4)-77.2%
Max EPS beat(4)34.2%
EPS beat(8)3
Avg EPS beat(8)-30.55%
EPS beat(12)5
Avg EPS beat(12)-15.26%
EPS beat(16)9
Avg EPS beat(16)103.8%
Revenue beat(2)1
Avg Revenue beat(2)-5.92%
Min Revenue beat(2)-18.41%
Max Revenue beat(2)6.57%
Revenue beat(4)2
Avg Revenue beat(4)-1.84%
Min Revenue beat(4)-18.41%
Max Revenue beat(4)7.89%
Revenue beat(8)3
Avg Revenue beat(8)-6.09%
Revenue beat(12)5
Avg Revenue beat(12)-5.7%
Revenue beat(16)8
Avg Revenue beat(16)-2.07%
PT rev (1m)7.54%
PT rev (3m)10.36%
EPS NQ rev (1m)-5.56%
EPS NQ rev (3m)-14.29%
EPS NY rev (1m)-14.39%
EPS NY rev (3m)-16.05%
Revenue NQ rev (1m)-4.36%
Revenue NQ rev (3m)-6.21%
Revenue NY rev (1m)-7.21%
Revenue NY rev (3m)-5.8%
Valuation
Industry RankSector Rank
PE 110.61
Fwd PE 89.56
P/S 19.83
P/FCF 64.21
P/OCF 49.03
P/B 10
P/tB 10.06
EV/EBITDA 70.97
EPS(TTM)1.05
EY0.9%
EPS(NY)1.3
Fwd EY1.12%
FCF(TTM)1.81
FCFY1.56%
OCF(TTM)2.37
OCFY2.04%
SpS5.86
BVpS11.61
TBVpS11.55
PEG (NY)4.82
PEG (5Y)N/A
Graham Number16.56
Profitability
Industry RankSector Rank
ROA 5.72%
ROE 8.54%
ROCE 6.73%
ROIC 4.8%
ROICexc 5.53%
ROICexgc 5.56%
OM 17.84%
PM (TTM) 16.93%
GM 27.87%
FCFM 30.89%
ROA(3y)3.7%
ROA(5y)2.15%
ROE(3y)5.72%
ROE(5y)3.32%
ROIC(3y)3.77%
ROIC(5y)N/A
ROICexc(3y)4.17%
ROICexc(5y)N/A
ROICexgc(3y)4.19%
ROICexgc(5y)N/A
ROCE(3y)5.28%
ROCE(5y)N/A
ROICexgc growth 3Y197.03%
ROICexgc growth 5YN/A
ROICexc growth 3Y197.39%
ROICexc growth 5YN/A
OM growth 3Y169.33%
OM growth 5YN/A
PM growth 3Y52.39%
PM growth 5YN/A
GM growth 3Y30.67%
GM growth 5Y36.36%
F-Score8
Asset Turnover0.34
Health
Industry RankSector Rank
Debt/Equity 0.14
Debt/FCF 0.93
Debt/EBITDA 1.09
Cap/Depr 113.62%
Cap/Sales 9.56%
Interest Coverage 11.8
Cash Conversion 154.04%
Profit Quality 182.4%
Current Ratio 2.47
Quick Ratio 1.52
Altman-Z 12.72
F-Score8
WACC7.94%
ROIC/WACC0.61
Cap/Depr(3y)86.25%
Cap/Depr(5y)78.3%
Cap/Sales(3y)7.42%
Cap/Sales(5y)7.33%
Profit Quality(3y)244.72%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)132.26%
EPS 3Y61.79%
EPS 5YN/A
EPS Q2Q%38.89%
EPS Next Y22.93%
EPS Next 2Y34.67%
EPS Next 3Y28.65%
EPS Next 5Y23.48%
Revenue 1Y (TTM)11.04%
Revenue growth 3Y23.07%
Revenue growth 5Y14.11%
Sales Q2Q%1.52%
Revenue Next Year0.38%
Revenue Next 2Y6.76%
Revenue Next 3Y5.08%
Revenue Next 5Y7.98%
EBIT growth 1Y21.54%
EBIT growth 3Y231.46%
EBIT growth 5YN/A
EBIT Next Year184.2%
EBIT Next 3Y58.71%
EBIT Next 5Y37.56%
FCF growth 1Y55.04%
FCF growth 3Y88.27%
FCF growth 5YN/A
OCF growth 1Y55.58%
OCF growth 3Y66.6%
OCF growth 5Y89.99%

CAMECO CORP / CCJ FAQ

What is the fundamental rating for CCJ stock?

ChartMill assigns a fundamental rating of 6 / 10 to CCJ.


What is the valuation status for CCJ stock?

ChartMill assigns a valuation rating of 2 / 10 to CAMECO CORP (CCJ). This can be considered as Overvalued.


Can you provide the profitability details for CAMECO CORP?

CAMECO CORP (CCJ) has a profitability rating of 6 / 10.


What is the valuation of CAMECO CORP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for CAMECO CORP (CCJ) is 110.61 and the Price/Book (PB) ratio is 10.


Can you provide the dividend sustainability for CCJ stock?

The dividend rating of CAMECO CORP (CCJ) is 4 / 10 and the dividend payout ratio is 17.72%.