COMERICA INC (CMA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CMA - US2003401070 - Common Stock
87.88 USD
-0.23 (-0.26%)
87.88 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to CMA. CMA was compared to 385 industry peers in the Banks industry. CMA may be in some trouble as it scores bad on both profitability and health. CMA does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
CMA had positive earnings in the past year.
In the past year CMA had a positive cash flow from operations.
In the past 5 years CMA has always been profitable.
In the past 5 years CMA always reported a positive cash flow from operatings.
1.2 Ratios
CMA's Return On Assets of 0.89% is in line compared to the rest of the industry. CMA outperforms 49.35% of its industry peers.
With a Return On Equity value of 9.29%, CMA perfoms like the industry average, outperforming 55.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.89% | ||
| ROE | 9.29% | ||
| ROIC | N/A |
ROA(3y)1.05%
ROA(5y)0.98%
ROE(3y)15.08%
ROE(5y)13.13%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 20.65%, CMA is not doing good in the industry: 64.68% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of CMA has declined.
CMA does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 20.65% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-18.65%
PM growth 5Y-10.33%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CMA does not have a ROIC to compare to the WACC, probably because it is not profitable.
CMA has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CMA has less shares outstanding
CMA has a worse debt/assets ratio than last year.
2.2 Solvency
CMA has a debt to FCF ratio of 100.67. This is a negative value and a sign of low solvency as CMA would need 100.67 years to pay back of all of its debts.
CMA has a worse Debt to FCF ratio (100.67) than 85.97% of its industry peers.
CMA has a Debt/Equity ratio of 0.33. This is a healthy value indicating a solid balance between debt and equity.
CMA's Debt to Equity ratio of 0.33 is on the low side compared to the rest of the industry. CMA is outperformed by 70.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 100.67 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.06%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for CMA have decreased by -3.41% in the last year.
The Earnings Per Share has been decreasing by -6.99% on average over the past years.
Looking at the last year, CMA shows a small growth in Revenue. The Revenue has grown by 4.37% in the last year.
The Revenue has been decreasing by -0.64% on average over the past years.
EPS 1Y (TTM)-3.41%
EPS 3Y-13.01%
EPS 5Y-6.99%
EPS Q2Q%1.5%
Revenue 1Y (TTM)4.37%
Revenue growth 3Y3.02%
Revenue growth 5Y-0.64%
Sales Q2Q%3.33%
3.2 Future
Based on estimates for the next years, CMA will show a small growth in Earnings Per Share. The EPS will grow by 1.31% on average per year.
The Revenue is expected to grow by 1.52% on average over the next years.
EPS Next Y-2.15%
EPS Next 2Y0.99%
EPS Next 3Y2.8%
EPS Next 5Y1.31%
Revenue Next Year2.72%
Revenue Next 2Y2.87%
Revenue Next 3Y2.86%
Revenue Next 5Y1.52%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.33, which indicates a correct valuation of CMA.
Compared to the rest of the industry, the Price/Earnings ratio of CMA indicates a slightly more expensive valuation: CMA is more expensive than 73.25% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.22, CMA is valued a bit cheaper.
CMA is valuated correctly with a Price/Forward Earnings ratio of 15.75.
75.58% of the companies in the same industry are cheaper than CMA, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.58, CMA is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.33 | ||
| Fwd PE | 15.75 |
4.2 Price Multiples
CMA's Price/Free Cash Flow ratio is rather expensive when compared to the industry. CMA is more expensive than 84.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 467.92 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.99%
EPS Next 3Y2.8%
5. Dividend
5.1 Amount
CMA has a Yearly Dividend Yield of 3.16%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.70, CMA pays a bit more dividend than its industry peers.
CMA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.16% |
5.2 History
The dividend of CMA has a limited annual growth rate of 2.70%.
CMA has paid a dividend for at least 10 years, which is a reliable track record.
CMA has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)2.7%
Div Incr Years0
Div Non Decr Years7
5.3 Sustainability
CMA pays out 57.68% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of CMA is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP57.68%
EPS Next 2Y0.99%
EPS Next 3Y2.8%
87.88
-0.23 (-0.26%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners91.67%
Inst Owner Change2.17%
Ins Owners0.84%
Ins Owner Change0.43%
Market Cap11.23B
Revenue(TTM)3.34B
Net Income(TTM)690.00M
Analysts66.67
Price Target82.08 (-6.6%)
Short Float %5.71%
Short Ratio2.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.16% |
Yearly Dividend3.04
Dividend Growth(5Y)2.7%
DP57.68%
Div Incr Years0
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.67%
Min EPS beat(2)2.32%
Max EPS beat(2)13.02%
EPS beat(4)4
Avg EPS beat(4)7.58%
Min EPS beat(4)2.32%
Max EPS beat(4)13.02%
EPS beat(8)8
Avg EPS beat(8)10.84%
EPS beat(12)12
Avg EPS beat(12)8.78%
EPS beat(16)15
Avg EPS beat(16)7.15%
Revenue beat(2)0
Avg Revenue beat(2)-0.99%
Min Revenue beat(2)-1.79%
Max Revenue beat(2)-0.18%
Revenue beat(4)0
Avg Revenue beat(4)-1.15%
Min Revenue beat(4)-1.79%
Max Revenue beat(4)-0.18%
Revenue beat(8)1
Avg Revenue beat(8)-2.11%
Revenue beat(12)5
Avg Revenue beat(12)-1.09%
Revenue beat(16)8
Avg Revenue beat(16)-0.84%
PT rev (1m)5.96%
PT rev (3m)17.86%
EPS NQ rev (1m)-0.7%
EPS NQ rev (3m)-0.99%
EPS NY rev (1m)0.15%
EPS NY rev (3m)1.08%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)-0.46%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)-0.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.33 | ||
| Fwd PE | 15.75 | ||
| P/S | 3.36 | ||
| P/FCF | 467.92 | ||
| P/OCF | 89.84 | ||
| P/B | 1.51 | ||
| P/tB | 1.51 | ||
| EV/EBITDA | N/A |
EPS(TTM)5.38
EY6.12%
EPS(NY)5.58
Fwd EY6.35%
FCF(TTM)0.19
FCFY0.21%
OCF(TTM)0.98
OCFY1.11%
SpS26.14
BVpS58.13
TBVpS58.13
PEG (NY)N/A
PEG (5Y)N/A
Graham Number83.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.89% | ||
| ROE | 9.29% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 20.65% | ||
| GM | N/A | ||
| FCFM | 0.72% |
ROA(3y)1.05%
ROA(5y)0.98%
ROE(3y)15.08%
ROE(5y)13.13%
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-18.65%
PM growth 5Y-10.33%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 100.67 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 101% | ||
| Cap/Sales | 3.02% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 3.48% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC13.06%
ROIC/WACCN/A
Cap/Depr(3y)141.46%
Cap/Depr(5y)113.65%
Cap/Sales(3y)3.77%
Cap/Sales(5y)3.27%
Profit Quality(3y)81.63%
Profit Quality(5y)94.1%
High Growth Momentum
Growth
EPS 1Y (TTM)-3.41%
EPS 3Y-13.01%
EPS 5Y-6.99%
EPS Q2Q%1.5%
EPS Next Y-2.15%
EPS Next 2Y0.99%
EPS Next 3Y2.8%
EPS Next 5Y1.31%
Revenue 1Y (TTM)4.37%
Revenue growth 3Y3.02%
Revenue growth 5Y-0.64%
Sales Q2Q%3.33%
Revenue Next Year2.72%
Revenue Next 2Y2.87%
Revenue Next 3Y2.86%
Revenue Next 5Y1.52%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-96.06%
FCF growth 3Y-7.39%
FCF growth 5Y-14.9%
OCF growth 1Y-82.78%
OCF growth 3Y-1.77%
OCF growth 5Y-11.23%
COMERICA INC / CMA FAQ
What is the ChartMill fundamental rating of COMERICA INC (CMA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to CMA.
What is the valuation status for CMA stock?
ChartMill assigns a valuation rating of 2 / 10 to COMERICA INC (CMA). This can be considered as Overvalued.
How profitable is COMERICA INC (CMA) stock?
COMERICA INC (CMA) has a profitability rating of 3 / 10.
Can you provide the expected EPS growth for CMA stock?
The Earnings per Share (EPS) of COMERICA INC (CMA) is expected to decline by -2.15% in the next year.
How sustainable is the dividend of COMERICA INC (CMA) stock?
The dividend rating of COMERICA INC (CMA) is 6 / 10 and the dividend payout ratio is 57.68%.