CAMECO CORP (CCO.CA) Fundamental Analysis & Valuation
TSX:CCO • CA13321L1085
164.02 CAD
+3 (+1.86%)
Last: Mar 4, 2026, 07:00 PM
This CCO.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 6 out of 10 to CCO. CCO was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. Both the health and profitability get an excellent rating, making CCO a very profitable company, without any liquidiy or solvency issues. CCO is quite expensive at the moment. It does show a decent growth rate. These ratings could make CCO a good candidate for quality investing.
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.
- The reported net income has been mixed in the past 5 years: CCO reported negative net income in multiple years.
- Of the past 5 years CCO 4 years had a positive operating cash flow.
1.2 Ratios
- CCO has a better Return On Assets (5.40%) than 85.24% of its industry peers.
- The Return On Equity of CCO (7.76%) is better than 63.81% of its industry peers.
- The Return On Invested Capital of CCO (4.86%) is better than 71.90% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for CCO is below the industry average of 6.66%.
- The 3 year average ROIC (2.19%) for CCO is below the current ROIC(4.86%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.4% | ||
| ROE | 7.76% | ||
| ROIC | 4.86% |
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
- With a decent Profit Margin value of 15.18%, CCO is doing good in the industry, outperforming 78.10% of the companies in the same industry.
- CCO's Profit Margin has improved in the last couple of years.
- With a decent Operating Margin value of 18.12%, CCO is doing good in the industry, outperforming 75.24% of the companies in the same industry.
- CCO's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 27.34%, CCO is in line with its industry, outperforming 52.86% of the companies in the same industry.
- CCO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.12% | ||
| PM (TTM) | 15.18% | ||
| GM | 27.34% |
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. 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.
- CCO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- An Altman-Z score of 15.44 indicates that CCO is not in any danger for bankruptcy at the moment.
- CCO has a better Altman-Z score (15.44) than 92.86% of its industry peers.
- The Debt to FCF ratio of CCO is 1.02, which is an excellent value as it means it would take CCO, only 1.02 years of fcf income to pay off all of its debts.
- CCO has a better Debt to FCF ratio (1.02) than 91.90% of its industry peers.
- A Debt/Equity ratio of 0.15 indicates that CCO is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.15, CCO is in the better half of the industry, outperforming 68.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.02 | ||
| Altman-Z | 15.44 |
ROIC/WACC0.61
WACC7.96%
2.3 Liquidity
- A Current Ratio of 2.99 indicates that CCO has no problem at all paying its short term obligations.
- CCO has a Current ratio of 2.99. This is amongst the best in the industry. CCO outperforms 81.90% of its industry peers.
- A Quick Ratio of 1.57 indicates that CCO should not have too much problems paying its short term obligations.
- CCO has a Quick ratio of 1.57. This is in the better half of the industry: CCO outperforms 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.99 | ||
| Quick Ratio | 1.57 |
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.
- Measured over the past years, CCO shows a very strong growth in Earnings Per Share. The EPS has been growing by 61.79% on average per year.
EPS 1Y (TTM)132.26%
EPS 3Y61.79%
EPS 5YN/A
EPS Q2Q%38.89%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
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 27.10% on average per year.
- The Revenue is expected to grow by 9.63% on average over the next years. This is quite good.
EPS Next Y43.6%
EPS Next 2Y33.69%
EPS Next 3Y28.05%
EPS Next 5Y27.1%
Revenue Next Year9.87%
Revenue Next 2Y9.32%
Revenue Next 3Y6.56%
Revenue Next 5Y9.63%
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.
4. CCO.CA Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 113.90, CCO can be considered very expensive at the moment.
- CCO's Price/Earnings ratio is in line with the industry average.
- CCO is valuated expensively when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 79.32, the valuation of CCO can be described as expensive.
- CCO's Price/Forward Earnings ratio is in line with the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 25.11. CCO is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 113.9 | ||
| Fwd PE | 79.32 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CCO is on the same level as its industry peers.
- CCO's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 73.44 | ||
| EV/EBITDA | 74.94 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The decent profitability rating of CCO may justify a higher PE ratio.
- CCO's earnings are expected to grow with 28.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.61
PEG (5Y)N/A
EPS Next 2Y33.69%
EPS Next 3Y28.05%
5. CCO.CA Dividend Analysis
5.1 Amount
- With a yearly dividend of 0.15%, CCO is not a good candidate for dividend investing.
- CCO's Dividend Yield is comparable with the industry average which is at 4.11.
- Compared to an average S&P500 Dividend Yield of 1.82, CCO's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.15% |
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 Years1
Div Non Decr Years6
5.3 Sustainability
- 13.24% of the earnings are spent on dividend by CCO. This is a low number and sustainable payout ratio.
- CCO's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP13.24%
EPS Next 2Y33.69%
EPS Next 3Y28.05%
CCO.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:CCO (3/4/2026, 7:00:00 PM)
164.02
+3 (+1.86%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-13 2026-02-13/bmo
Earnings (Next)04-29 2026-04-29
Inst Owners68.87%
Inst Owner ChangeN/A
Ins Owners0.37%
Ins Owner ChangeN/A
Market Cap71.42B
Revenue(TTM)N/A
Net Income(TTM)525.98M
Analysts81.05
Price Target226.2 (37.91%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.15% |
Yearly Dividend0.24
Dividend Growth(5Y)24.64%
DP13.24%
Div Incr Years1
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-21.5%
Min EPS beat(2)-77.2%
Max EPS beat(2)34.2%
EPS beat(4)2
Avg EPS beat(4)-12.97%
Min EPS beat(4)-77.2%
Max EPS beat(4)34.2%
EPS beat(8)2
Avg EPS beat(8)-32.8%
EPS beat(12)5
Avg EPS beat(12)-11.38%
EPS beat(16)9
Avg EPS beat(16)106.05%
Revenue beat(2)1
Avg Revenue beat(2)-5.26%
Min Revenue beat(2)-18.41%
Max Revenue beat(2)7.89%
Revenue beat(4)2
Avg Revenue beat(4)-1.69%
Min Revenue beat(4)-18.41%
Max Revenue beat(4)7.89%
Revenue beat(8)3
Avg Revenue beat(8)-6.59%
Revenue beat(12)5
Avg Revenue beat(12)-4.9%
Revenue beat(16)8
Avg Revenue beat(16)-2.48%
PT rev (1m)8.84%
PT rev (3m)8.09%
EPS NQ rev (1m)-0.75%
EPS NQ rev (3m)3.53%
EPS NY rev (1m)1.13%
EPS NY rev (3m)-11.12%
Revenue NQ rev (1m)0.27%
Revenue NQ rev (3m)3.11%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-0.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 113.9 | ||
| Fwd PE | 79.32 | ||
| P/S | 20.62 | ||
| P/FCF | 73.44 | ||
| P/OCF | 56.65 | ||
| P/B | 10.53 | ||
| P/tB | 10.59 | ||
| EV/EBITDA | 74.94 |
EPS(TTM)1.44
EY0.88%
EPS(NY)2.07
Fwd EY1.26%
FCF(TTM)2.23
FCFY1.36%
OCF(TTM)2.9
OCFY1.77%
SpS7.96
BVpS15.57
TBVpS15.49
PEG (NY)2.61
PEG (5Y)N/A
Graham Number22.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.4% | ||
| ROE | 7.76% | ||
| ROCE | 6.89% | ||
| ROIC | 4.86% | ||
| ROICexc | 5.31% | ||
| ROICexgc | 5.34% | ||
| OM | 18.12% | ||
| PM (TTM) | 15.18% | ||
| GM | 27.34% | ||
| FCFM | 28.07% |
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
ROICexgc growth 3YN/A
ROICexgc 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 Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.02 | ||
| Debt/EBITDA | 1.06 | ||
| Cap/Depr | 92.78% | ||
| Cap/Sales | 8.32% | ||
| Interest Coverage | 10.93 | ||
| Cash Conversion | 134.33% | ||
| Profit Quality | 184.9% | ||
| Current Ratio | 2.99 | ||
| Quick Ratio | 1.57 | ||
| Altman-Z | 15.44 |
F-Score8
WACC7.96%
ROIC/WACC0.61
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)132.26%
EPS 3Y61.79%
EPS 5YN/A
EPS Q2Q%38.89%
EPS Next Y43.6%
EPS Next 2Y33.69%
EPS Next 3Y28.05%
EPS Next 5Y27.1%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%1.52%
Revenue Next Year9.87%
Revenue Next 2Y9.32%
Revenue Next 3Y6.56%
Revenue Next 5Y9.63%
EBIT growth 1Y79.74%
EBIT growth 3YN/A
EBIT growth 5Y40.22%
EBIT Next Year164.3%
EBIT Next 3Y52.96%
EBIT Next 5Y35.38%
FCF growth 1Y131.48%
FCF growth 3Y24.49%
FCF growth 5Y8.95%
OCF growth 1Y123.43%
OCF growth 3Y25.47%
OCF growth 5Y11.43%
CAMECO CORP / CCO.CA FAQ
What is the fundamental rating for CCO stock?
ChartMill assigns a fundamental rating of 6 / 10 to CCO.CA.
Can you provide the valuation status for CAMECO CORP?
ChartMill assigns a valuation rating of 2 / 10 to CAMECO CORP (CCO.CA). This can be considered as Overvalued.
Can you provide the profitability details for CAMECO CORP?
CAMECO CORP (CCO.CA) has a profitability rating of 7 / 10.
What are the PE and PB ratios of CAMECO CORP (CCO.CA) stock?
The Price/Earnings (PE) ratio for CAMECO CORP (CCO.CA) is 113.9 and the Price/Book (PB) ratio is 10.53.
Is the dividend of CAMECO CORP sustainable?
The dividend rating of CAMECO CORP (CCO.CA) is 5 / 10 and the dividend payout ratio is 13.24%.