CAMECO CORP (CCO.CA) Fundamental Analysis & Valuation
TSX:CCO • CA13321L1085
Current stock price
160.73 CAD
+1.11 (+0.7%)
Last:
This CCO.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. CCO.CA Profitability Analysis
1.1 Basic Checks
- CCO had positive earnings in the past year.
- CCO had a positive operating cash flow in the past year.
- Of the past 5 years CCO 4 years were profitable.
- Each year in the past 5 years CCO had a positive operating cash flow.
1.2 Ratios
- With an excellent Return On Assets value of 5.72%, CCO belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
- With a decent Return On Equity value of 8.54%, CCO is doing good in the industry, outperforming 65.24% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 4.80%, CCO is in the better half of the industry, outperforming 70.48% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for CCO is below the industry average of 6.90%.
- The 3 year average ROIC (3.77%) for CCO is below the current ROIC(4.80%), indicating increased profibility in the last year.
| Industry Rank | Sector 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
1.3 Margins
- Looking at the Profit Margin, with a value of 16.93%, CCO is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of CCO has grown nicely.
- Looking at the Operating Margin, with a value of 17.84%, CCO is in the better half of the industry, outperforming 75.24% of the companies in the same industry.
- CCO's Operating Margin has improved in the last couple of years.
- The Gross Margin of CCO (27.87%) is comparable to the rest of the industry.
- CCO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector 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%
2. CCO.CA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CCO is destroying value.
- Compared to 1 year ago, CCO has about the same amount of shares outstanding.
- The number of shares outstanding for CCO has been increased compared to 5 years ago.
- Compared to 1 year ago, CCO has an improved debt to assets ratio.
2.2 Solvency
- CCO has an Altman-Z score of 13.49. This indicates that CCO is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 13.49, CCO belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
- The Debt to FCF ratio of CCO is 0.93, which is an excellent value as it means it would take CCO, only 0.93 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 0.93, CCO belongs to the top of the industry, outperforming 94.29% of the companies in the same industry.
- CCO has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
- CCO's Debt to Equity ratio of 0.14 is fine compared to the rest of the industry. CCO outperforms 70.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.93 | ||
| Altman-Z | 13.49 |
ROIC/WACC0.61
WACC7.85%
2.3 Liquidity
- CCO has a Current Ratio of 2.47. This indicates that CCO is financially healthy and has no problem in meeting its short term obligations.
- The Current ratio of CCO (2.47) is better than 82.38% of its industry peers.
- CCO has a Quick Ratio of 1.52. This is a normal value and indicates that CCO is financially healthy and should not expect problems in meeting its short term obligations.
- CCO's Quick ratio of 1.52 is fine compared to the rest of the industry. CCO outperforms 72.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.47 | ||
| Quick Ratio | 1.52 |
3. CCO.CA Growth Analysis
3.1 Past
- CCO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 132.26%, which is quite impressive.
- CCO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 61.79% yearly.
- CCO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.04%.
- Measured over the past years, CCO shows a quite strong growth in Revenue. The Revenue has been growing by 14.11% on average per year.
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
- Based on estimates for the next years, CCO will show a very strong growth in Earnings Per Share. The EPS will grow by 23.48% on average per year.
- The Revenue is expected to grow by 7.98% on average over the next years.
EPS Next Y22.93%
EPS Next 2Y34.67%
EPS Next 3Y28.65%
EPS Next 5Y23.48%
Revenue Next Year0.55%
Revenue Next 2Y6.22%
Revenue Next 3Y5.23%
Revenue Next 5Y7.98%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. CCO.CA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 111.62 indicates a quite expensive valuation of CCO.
- CCO's Price/Earnings is on the same level as the industry average.
- The average S&P500 Price/Earnings ratio is at 26.78. CCO is valued rather expensively when compared to this.
- CCO is valuated quite expensively with a Price/Forward Earnings ratio of 90.79.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of CCO is on the same level as its industry peers.
- The average S&P500 Price/Forward Earnings ratio is at 23.54. CCO is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 111.62 | ||
| Fwd PE | 90.79 |
4.2 Price Multiples
- CCO's Enterprise Value to EBITDA ratio is in line with the industry average.
- CCO's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 65.09 | ||
| EV/EBITDA | 75.68 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CCO does not grow enough to justify the current Price/Earnings ratio.
- The decent profitability rating of CCO may justify a higher PE ratio.
- CCO's earnings are expected to grow with 28.65% in the coming years. This may justify a more expensive valuation.
PEG (NY)4.87
PEG (5Y)N/A
EPS Next 2Y34.67%
EPS Next 3Y28.65%
5. CCO.CA Dividend Analysis
5.1 Amount
- CCO has a yearly dividend return of 0.08%, which is pretty low.
- Compared to an average industry Dividend Yield of 4.58, CCO has a dividend in line with its industry peers.
- With a Dividend Yield of 0.08, CCO pays less dividend than the S&P500 average, which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.08% |
5.2 History
- On average, the dividend of CCO grows each year by 24.64%, which is quite nice.
- CCO has been paying a dividend for at least 10 years, so it has a reliable track record.
- As CCO did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)24.64%
Div Incr Years2
Div Non Decr Years7
5.3 Sustainability
- CCO pays out 17.72% of its income as dividend. This is a sustainable payout ratio.
- CCO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP17.72%
EPS Next 2Y34.67%
EPS Next 3Y28.65%
CCO.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:CCO (4/10/2026, 7:00:00 PM)
160.73
+1.11 (+0.7%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-13 2026-02-13/bmo
Earnings (Next)05-05 2026-05-05
Inst Owners69.32%
Inst Owner ChangeN/A
Ins Owners0.36%
Ins Owner ChangeN/A
Market Cap70.00B
Revenue(TTM)3.48B
Net Income(TTM)589.58M
Analysts81.05
Price Target229.39 (42.72%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.08% |
Yearly Dividend0.24
Dividend Growth(5Y)24.64%
DP17.72%
Div Incr Years2
Div Non Decr Years7
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)0%
PT rev (3m)9.47%
EPS NQ rev (1m)0.85%
EPS NQ rev (3m)-8.95%
EPS NY rev (1m)0%
EPS NY rev (3m)-14.89%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.36%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)-7.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 111.62 | ||
| Fwd PE | 90.79 | ||
| P/S | 20.1 | ||
| P/FCF | 65.09 | ||
| P/OCF | 49.7 | ||
| P/B | 10.14 | ||
| P/tB | 10.19 | ||
| EV/EBITDA | 75.68 |
EPS(TTM)1.44
EY0.9%
EPS(NY)1.77
Fwd EY1.1%
FCF(TTM)2.47
FCFY1.54%
OCF(TTM)3.23
OCFY2.01%
SpS7.99
BVpS15.85
TBVpS15.77
PEG (NY)4.87
PEG (5Y)N/A
Graham Number22.66
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 13.49 |
F-Score8
WACC7.85%
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 Year0.55%
Revenue Next 2Y6.22%
Revenue Next 3Y5.23%
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 / CCO.CA Fundamental Analysis FAQ
What is the fundamental rating for CCO stock?
ChartMill assigns a fundamental rating of 6 / 10 to CCO.CA.
What is the valuation status of CAMECO CORP (CCO.CA) stock?
ChartMill assigns a valuation rating of 2 / 10 to CAMECO CORP (CCO.CA). This can be considered as Overvalued.
What is the profitability of CCO stock?
CAMECO CORP (CCO.CA) has a profitability rating of 7 / 10.
How financially healthy is CAMECO CORP?
The financial health rating of CAMECO CORP (CCO.CA) is 8 / 10.
Can you provide the dividend sustainability for CCO stock?
The dividend rating of CAMECO CORP (CCO.CA) is 5 / 10 and the dividend payout ratio is 17.72%.