CLEARWATER PAPER CORP (CLW) Stock Fundamental Analysis
USA - NYSE:CLW - US18538R1032 - Common Stock
21.78 USD
+0.24 (+1.11%)
21.78 USD
0 (0%)
Taking everything into account, CLW scores 4 out of 10 in our fundamental rating. CLW was compared to 9 industry peers in the Paper & Forest Products industry. CLW has an average financial health and profitability rating. CLW has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year CLW was profitable.
CLW had a negative operating cash flow in the past year.
Of the past 5 years CLW 4 years were profitable.
Each year in the past 5 years CLW had a positive operating cash flow.
1.2 Ratios
The Return On Assets of CLW (12.27%) is better than 100.00% of its industry peers.
With an excellent Return On Equity value of 24.06%, CLW belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
CLW's Return On Invested Capital of 0.49% is in line compared to the rest of the industry. CLW outperforms 44.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.27% | ||
| ROE | 24.06% | ||
| ROIC | 0.49% |
ROA(3y)6.94%
ROA(5y)4.69%
ROE(3y)15.7%
ROE(5y)11.28%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 12.98%, CLW belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
CLW has a Operating Margin (0.59%) which is comparable to the rest of the industry.
The Gross Margin of CLW (8.03%) is worse than 66.67% of its industry peers.
CLW's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.59% | ||
| PM (TTM) | 12.98% | ||
| GM | 8.03% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-18.87%
GM growth 5Y-10.05%
2. Health
2.1 Basic Checks
CLW has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
CLW has less shares outstanding than it did 1 year ago.
The number of shares outstanding for CLW has been reduced compared to 5 years ago.
Compared to 1 year ago, CLW has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.15 indicates that CLW is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.15, CLW is doing good in the industry, outperforming 66.67% of the companies in the same industry.
CLW has a Debt/Equity ratio of 0.39. This is a healthy value indicating a solid balance between debt and equity.
CLW has a Debt to Equity ratio of 0.39. This is in the better half of the industry: CLW outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.15 |
ROIC/WACC0.05
WACC9.91%
2.3 Liquidity
A Current Ratio of 1.97 indicates that CLW should not have too much problems paying its short term obligations.
CLW has a Current ratio of 1.97. This is comparable to the rest of the industry: CLW outperforms 44.44% of its industry peers.
CLW has a Quick Ratio of 1.97. This is a bad value and indicates that CLW is not financially healthy enough and could expect problems in meeting its short term obligations.
CLW has a worse Quick ratio (0.87) than 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.97 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
The earnings per share for CLW have decreased strongly by -97.53% in the last year.
The Earnings Per Share has been growing by 72.63% on average over the past years. This is a very strong growth
Looking at the last year, CLW shows a very negative growth in Revenue. The Revenue has decreased by -27.29% in the last year.
CLW shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.71% yearly.
EPS 1Y (TTM)-97.53%
EPS 3Y-2.41%
EPS 5Y72.63%
EPS Q2Q%241.67%
Revenue 1Y (TTM)-27.29%
Revenue growth 3Y-7.93%
Revenue growth 5Y-4.71%
Sales Q2Q%-33.19%
3.2 Future
The Earnings Per Share is expected to grow by 42.76% on average over the next years. This is a very strong growth
Based on estimates for the next years, CLW will show a decrease in Revenue. The Revenue will decrease by -6.65% on average per year.
EPS Next Y-159.28%
EPS Next 2Y43.66%
EPS Next 3Y42.76%
EPS Next 5YN/A
Revenue Next Year-20.73%
Revenue Next 2Y-10.26%
Revenue Next 3Y-6.65%
Revenue Next 5YN/A
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. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 181.50 indicates a quite expensive valuation of CLW.
CLW's Price/Earnings ratio is a bit cheaper when compared to the industry. CLW is cheaper than 66.67% of the companies in the same industry.
When comparing the Price/Earnings ratio of CLW to the average of the S&P500 Index (27.41), we can say CLW is valued expensively.
Based on the Price/Forward Earnings ratio of 11.47, the valuation of CLW can be described as reasonable.
CLW's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CLW is cheaper than 77.78% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.88. CLW is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 181.5 | ||
| Fwd PE | 11.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CLW is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.3 |
4.3 Compensation for Growth
CLW's earnings are expected to grow with 42.76% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)2.5
EPS Next 2Y43.66%
EPS Next 3Y42.76%
5. Dividend
5.1 Amount
CLW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
21.78
+0.24 (+1.11%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryPaper & Forest Products
Earnings (Last)
Earnings (Next)
Inst Owners87.82%
Inst Owner Change0.99%
Ins Owners3.15%
Ins Owner Change-1.09%
Market Cap350.66M
Analysts80
Price Target36.72 (68.6%)
Short Float %2.88%
Short Ratio2.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)11.03%
Min EPS beat(2)-75.95%
Max EPS beat(2)98.02%
EPS beat(4)2
Avg EPS beat(4)-20.12%
Min EPS beat(4)-122.02%
Max EPS beat(4)98.02%
EPS beat(8)4
Avg EPS beat(8)-22.41%
EPS beat(12)6
Avg EPS beat(12)-29.2%
EPS beat(16)9
Avg EPS beat(16)-19.72%
Revenue beat(2)0
Avg Revenue beat(2)-2.76%
Min Revenue beat(2)-3.24%
Max Revenue beat(2)-2.29%
Revenue beat(4)2
Avg Revenue beat(4)-0.49%
Min Revenue beat(4)-3.24%
Max Revenue beat(4)2.5%
Revenue beat(8)3
Avg Revenue beat(8)-0.73%
Revenue beat(12)5
Avg Revenue beat(12)-0.76%
Revenue beat(16)9
Avg Revenue beat(16)0.22%
PT rev (1m)0%
PT rev (3m)-2.7%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-227.03%
EPS NY rev (1m)-145.76%
EPS NY rev (3m)-145.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.19%
Revenue NY rev (1m)-1.39%
Revenue NY rev (3m)-2.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 181.5 | ||
| Fwd PE | 11.47 | ||
| P/S | 0.23 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.42 | ||
| P/tB | 0.45 | ||
| EV/EBITDA | 6.3 |
EPS(TTM)0.12
EY0.55%
EPS(NY)1.9
Fwd EY8.72%
FCF(TTM)-11.26
FCFYN/A
OCF(TTM)-2.84
OCFYN/A
SpS96.3
BVpS51.97
TBVpS48.79
PEG (NY)N/A
PEG (5Y)2.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.27% | ||
| ROE | 24.06% | ||
| ROCE | 0.66% | ||
| ROIC | 0.49% | ||
| ROICexc | 0.51% | ||
| ROICexgc | 0.53% | ||
| OM | 0.59% | ||
| PM (TTM) | 12.98% | ||
| GM | 8.03% | ||
| FCFM | N/A |
ROA(3y)6.94%
ROA(5y)4.69%
ROE(3y)15.7%
ROE(5y)11.28%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-18.87%
GM growth 5Y-10.05%
F-Score6
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.29 | ||
| Cap/Depr | 149.5% | ||
| Cap/Sales | 8.75% | ||
| Interest Coverage | 0.22 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.97 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 2.15 |
F-Score6
WACC9.91%
ROIC/WACC0.05
Cap/Depr(3y)74.67%
Cap/Depr(5y)59.25%
Cap/Sales(3y)5.91%
Cap/Sales(5y)4.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-97.53%
EPS 3Y-2.41%
EPS 5Y72.63%
EPS Q2Q%241.67%
EPS Next Y-159.28%
EPS Next 2Y43.66%
EPS Next 3Y42.76%
EPS Next 5YN/A
Revenue 1Y (TTM)-27.29%
Revenue growth 3Y-7.93%
Revenue growth 5Y-4.71%
Sales Q2Q%-33.19%
Revenue Next Year-20.73%
Revenue Next 2Y-10.26%
Revenue Next 3Y-6.65%
Revenue Next 5YN/A
EBIT growth 1Y-90.87%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year798.48%
EBIT Next 3Y129.97%
EBIT Next 5YN/A
FCF growth 1Y-1483.97%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-167.5%
OCF growth 3Y-13.96%
OCF growth 5Y2%