CAMECO CORP (CCO.CA) Fundamental Analysis & Valuation
TSX:CCO • CA13321L1085
157.75 CAD
+8.73 (+5.86%)
Last: Mar 9, 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.
Taking everything into account, CCO scores 6 out of 10 in our fundamental rating. CCO was compared to 212 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. While showing a medium growth rate, CCO is valued expensive at the moment. 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.
- Of the past 5 years CCO 4 years were profitable.
- CCO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 5.72%, CCO belongs to the best of the industry, outperforming 84.91% 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 65.09% of the companies in the same industry.
- CCO's Return On Invested Capital of 4.80% is fine compared to the rest of the industry. CCO outperforms 71.70% of its industry peers.
- CCO had an Average Return On Invested Capital over the past 3 years of 3.77%. This is below the industry average of 6.67%.
- The last Return On Invested Capital (4.80%) for CCO is above the 3 year average (3.77%), which is a sign of increasing profitability.
| 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 79.72% of the companies in the same industry.
- In the last couple of years the Profit Margin of CCO has grown nicely.
- With a decent Operating Margin value of 17.84%, CCO is doing good in the industry, outperforming 75.47% of the companies in the same industry.
- In the last couple of years the Operating Margin of CCO has grown nicely.
- CCO has a Gross Margin (27.87%) which is in line with its industry peers.
- In the last couple of years the Gross Margin of CCO has grown nicely.
| 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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.
- CCO has a better debt/assets ratio than last year.
2.2 Solvency
- CCO has an Altman-Z score of 13.34. This indicates that CCO is financially healthy and has little risk of bankruptcy at the moment.
- CCO's Altman-Z score of 13.34 is amongst the best of the industry. CCO outperforms 92.92% of its industry peers.
- CCO has a debt to FCF ratio of 0.93. This is a very positive value and a sign of high solvency as it would only need 0.93 years to pay back of all of its debts.
- With an excellent Debt to FCF ratio value of 0.93, CCO belongs to the best of the industry, outperforming 92.92% of the companies in the same industry.
- A Debt/Equity ratio of 0.14 indicates that CCO is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.14, CCO is in the better half of the industry, outperforming 68.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.93 | ||
| Altman-Z | 13.34 |
ROIC/WACC0.6
WACC7.96%
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 81.60% of its industry peers.
- A Quick Ratio of 1.52 indicates that CCO should not have too much problems paying its short term obligations.
- CCO has a better Quick ratio (1.52) than 74.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.47 | ||
| Quick Ratio | 1.52 |
3. CCO.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 132.26% over the past year.
- 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.
- Looking at the last year, CCO shows a quite strong growth in Revenue. The Revenue has grown by 11.04% in the last year.
- CCO 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
- CCO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.48% yearly.
- CCO 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
- 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 109.55 indicates a quite expensive valuation of CCO.
- The rest of the industry has a similar Price/Earnings ratio as CCO.
- CCO is valuated expensively when we compare the Price/Earnings ratio to 26.46, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 89.11 indicates a quite expensive valuation of CCO.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of CCO is on the same level as its industry peers.
- CCO is valuated expensively when we compare the Price/Forward Earnings ratio to 24.65, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 109.55 | ||
| Fwd PE | 89.11 |
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 | 63.89 | ||
| EV/EBITDA | 74.79 |
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.
- A more expensive valuation may be justified as CCO's earnings are expected to grow with 28.65% in the coming years.
PEG (NY)4.78
PEG (5Y)N/A
EPS Next 2Y34.67%
EPS Next 3Y28.65%
5. CCO.CA Dividend Analysis
5.1 Amount
- With a yearly dividend of 0.15%, CCO is not a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 4.17, CCO pays a bit more dividend than its industry peers.
- With a Dividend Yield of 0.15, CCO pays less dividend than the S&P500 average, which is at 1.82.
| 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
- 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 (3/9/2026, 7:00:00 PM)
157.75
+8.73 (+5.86%)
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 Owners68.8%
Inst Owner ChangeN/A
Ins Owners0.36%
Ins Owner ChangeN/A
Market Cap68.70B
Revenue(TTM)3.48B
Net Income(TTM)589.58M
Analysts81.05
Price Target226.2 (43.39%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.15% |
Yearly Dividend0.24
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)7.74%
PT rev (3m)8.28%
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 109.55 | ||
| Fwd PE | 89.11 | ||
| P/S | 19.73 | ||
| P/FCF | 63.89 | ||
| P/OCF | 48.78 | ||
| P/B | 9.95 | ||
| P/tB | 10 | ||
| EV/EBITDA | 74.79 |
EPS(TTM)1.44
EY0.91%
EPS(NY)1.77
Fwd EY1.12%
FCF(TTM)2.47
FCFY1.57%
OCF(TTM)3.23
OCFY2.05%
SpS7.99
BVpS15.85
TBVpS15.77
PEG (NY)4.78
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 | 13.34 |
F-Score8
WACC7.96%
ROIC/WACC0.6
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 / 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 109.55 and the Price/Book (PB) ratio is 9.95.
Is the dividend of CAMECO CORP sustainable?
The dividend rating of CAMECO CORP (CCO.CA) is 5 / 10 and the dividend payout ratio is 17.72%.