COMERICA INC (CMA) Stock Fundamental Analysis
USA - NYSE:CMA - US2003401070 - Common Stock
78.31 USD
+0.2 (+0.26%)
78.31 USD
0 (0%)
CMA gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 388 industry peers in the Banks industry. CMA may be in some trouble as it scores bad on both profitability and health. CMA is valued expensive and it does not seem to be growing.
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.
Each year in the past 5 years CMA has been profitable.
CMA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CMA has a Return On Assets (0.89%) which is comparable to the rest of the industry.
CMA has a Return On Equity (9.29%) which is in line with its industry peers.
| 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
CMA's Profit Margin of 20.65% is on the low side compared to the rest of the industry. CMA is outperformed by 63.14% of its industry peers.
In the last couple of years the Profit Margin of CMA has declined.
The Operating Margin and Gross Margin are not available for CMA so they could not be analyzed.
| 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
Compared to 1 year ago, CMA has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of CMA is 100.67, which is on the high side as it means it would take CMA, 100.67 years of fcf income to pay off all of its debts.
CMA's Debt to FCF ratio of 100.67 is on the low side compared to the rest of the industry. CMA is outperformed by 85.82% of its industry peers.
A Debt/Equity ratio of 0.33 indicates that CMA is not too dependend on debt financing.
CMA has a worse Debt to Equity ratio (0.33) than 68.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 100.67 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.37%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CMA shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.41%.
CMA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.99% yearly.
CMA shows a small growth in Revenue. In the last year, the Revenue has grown by 4.37%.
CMA shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.64% yearly.
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
The Earnings Per Share is expected to grow by 1.31% on average over the next years.
Based on estimates for the next years, CMA will show a small growth in Revenue. The Revenue will grow by 1.52% on average per year.
EPS Next Y-2.29%
EPS Next 2Y1.04%
EPS Next 3Y3.03%
EPS Next 5Y1.31%
Revenue Next Year2.81%
Revenue Next 2Y2.89%
Revenue Next 3Y2.89%
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
With a Price/Earnings ratio of 14.56, CMA is valued correctly.
CMA's Price/Earnings ratio is a bit more expensive when compared to the industry. CMA is more expensive than 67.78% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.89, CMA is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 14.02, the valuation of CMA can be described as correct.
Based on the Price/Forward Earnings ratio, CMA is valued a bit more expensive than the industry average as 72.68% of the companies are valued more cheaply.
CMA is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.56 | ||
| Fwd PE | 14.02 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CMA is valued more expensive than 84.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 416.31 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.04%
EPS Next 3Y3.03%
5. Dividend
5.1 Amount
CMA has a Yearly Dividend Yield of 3.64%.
Compared to an average industry Dividend Yield of 3.39, CMA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, CMA pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.64% |
5.2 History
The dividend of CMA has a limited annual growth rate of 2.70%.
CMA has been paying a dividend for at least 10 years, so it has 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.
CMA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP57.68%
EPS Next 2Y1.04%
EPS Next 3Y3.03%
78.31
+0.2 (+0.26%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners96.4%
Inst Owner Change1.96%
Ins Owners0.82%
Ins Owner Change0.72%
Market Cap9.99B
Revenue(TTM)3.34B
Net Income(TTM)690.00M
Analysts66.67
Price Target77.46 (-1.09%)
Short Float %4.95%
Short Ratio2.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.64% |
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)9.39%
PT rev (3m)16.2%
EPS NQ rev (1m)-0.31%
EPS NQ rev (3m)-0.46%
EPS NY rev (1m)0.79%
EPS NY rev (3m)1.26%
Revenue NQ rev (1m)-0.3%
Revenue NQ rev (3m)-0.3%
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.56 | ||
| Fwd PE | 14.02 | ||
| P/S | 2.99 | ||
| P/FCF | 416.31 | ||
| P/OCF | 79.93 | ||
| P/B | 1.34 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | N/A |
EPS(TTM)5.38
EY6.87%
EPS(NY)5.58
Fwd EY7.13%
FCF(TTM)0.19
FCFY0.24%
OCF(TTM)0.98
OCFY1.25%
SpS26.19
BVpS58.23
TBVpS58.23
PEG (NY)N/A
PEG (5Y)N/A
Graham Number83.95
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
WACC13.37%
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-2.29%
EPS Next 2Y1.04%
EPS Next 3Y3.03%
EPS Next 5Y1.31%
Revenue 1Y (TTM)4.37%
Revenue growth 3Y3.02%
Revenue growth 5Y-0.64%
Sales Q2Q%3.33%
Revenue Next Year2.81%
Revenue Next 2Y2.89%
Revenue Next 3Y2.89%
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 -2.29% 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%.