32.33 USD
+1.35 (+4.36%)
32.32 USD
-0.01 (-0.03%)
CMCL gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. CMCL scores excellent points on both the profitability and health parts. This is a solid base for a good stock. CMCL has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! CMCL also has an excellent dividend rating. With these ratings, CMCL could be worth investigating further for value and dividend and growth and quality investing!.
1. Profitability
1.1 Basic Checks
- CMCL had positive earnings in the past year.
- CMCL had a positive operating cash flow in the past year.
- Of the past 5 years CMCL 4 years were profitable.
- In the past 5 years CMCL always reported a positive cash flow from operatings.
1.2 Ratios
- With an excellent Return On Assets value of 9.44%, CMCL belongs to the best of the industry, outperforming 86.36% of the companies in the same industry.
- CMCL has a Return On Equity of 15.41%. This is amongst the best in the industry. CMCL outperforms 88.31% of its industry peers.
- CMCL's Return On Invested Capital of 17.47% is amongst the best of the industry. CMCL outperforms 91.56% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for CMCL is in line with the industry average of 10.32%.
- The last Return On Invested Capital (17.47%) for CMCL is above the 3 year average (12.13%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.44% | ||
| ROE | 15.41% | ||
| ROIC | 17.47% |
ROA(3y)3.45%
ROA(5y)6.15%
ROE(3y)5%
ROE(5y)8.22%
ROIC(3y)12.13%
ROIC(5y)14.64%
1.3 Margins
- Looking at the Profit Margin, with a value of 17.95%, CMCL belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
- CMCL's Profit Margin has declined in the last couple of years.
- With an excellent Operating Margin value of 37.66%, CMCL belongs to the best of the industry, outperforming 87.66% of the companies in the same industry.
- CMCL's Operating Margin has declined in the last couple of years.
- With an excellent Gross Margin value of 49.47%, CMCL belongs to the best of the industry, outperforming 86.36% of the companies in the same industry.
- CMCL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.66% | ||
| PM (TTM) | 17.95% | ||
| GM | 49.47% |
OM growth 3Y-4.4%
OM growth 5Y-2.32%
PM growth 3Y-13.6%
PM growth 5Y-29.3%
GM growth 3Y-1.97%
GM growth 5Y0.59%
2. Health
2.1 Basic Checks
- CMCL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- The number of shares outstanding for CMCL remains at a similar level compared to 1 year ago.
- The number of shares outstanding for CMCL has been increased compared to 5 years ago.
- The debt/assets ratio for CMCL has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 3.49 indicates that CMCL is not in any danger for bankruptcy at the moment.
- CMCL's Altman-Z score of 3.49 is in line compared to the rest of the industry. CMCL outperforms 46.75% of its industry peers.
- The Debt to FCF ratio of CMCL is 1.48, which is an excellent value as it means it would take CMCL, only 1.48 years of fcf income to pay off all of its debts.
- CMCL has a better Debt to FCF ratio (1.48) than 83.77% of its industry peers.
- A Debt/Equity ratio of 0.11 indicates that CMCL is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.11, CMCL is in the better half of the industry, outperforming 60.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1.48 | ||
| Altman-Z | 3.49 |
ROIC/WACC1.65
WACC10.56%
2.3 Liquidity
- A Current Ratio of 1.65 indicates that CMCL should not have too much problems paying its short term obligations.
- CMCL has a Current ratio of 1.65. This is in the lower half of the industry: CMCL underperforms 69.48% of its industry peers.
- CMCL has a Quick Ratio of 1.10. This is a normal value and indicates that CMCL is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.10, CMCL is doing worse than 63.64% of the companies in the same industry.
- CMCL does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
- CMCL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 141.51%, which is quite impressive.
- Measured over the past years, CMCL shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -24.93% on average per year.
- Looking at the last year, CMCL shows a very strong growth in Revenue. The Revenue has grown by 25.29%.
- CMCL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 19.27% yearly.
EPS 1Y (TTM)141.51%
EPS 3Y-14.85%
EPS 5Y-24.93%
EPS Q2Q%196.15%
Revenue 1Y (TTM)25.29%
Revenue growth 3Y14.68%
Revenue growth 5Y19.27%
Sales Q2Q%52.42%
3.2 Future
- CMCL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 25.88% yearly.
- The Revenue is expected to grow by 10.48% on average over the next years. This is quite good.
EPS Next Y146.84%
EPS Next 2Y50.94%
EPS Next 3Y25.88%
EPS Next 5YN/A
Revenue Next Year46.28%
Revenue Next 2Y25.44%
Revenue Next 3Y10.48%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
- CMCL is valuated correctly with a Price/Earnings ratio of 12.63.
- Compared to the rest of the industry, the Price/Earnings ratio of CMCL indicates a rather cheap valuation: CMCL is cheaper than 99.35% of the companies listed in the same industry.
- CMCL is valuated cheaply when we compare the Price/Earnings ratio to 28.60, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 10.98, the valuation of CMCL can be described as reasonable.
- CMCL's Price/Forward Earnings ratio is rather cheap when compared to the industry. CMCL is cheaper than 88.31% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.83. CMCL is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.63 | ||
| Fwd PE | 10.98 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CMCL is valued cheaper than 94.16% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, CMCL is valued cheaper than 82.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.97 | ||
| EV/EBITDA | 5.99 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- CMCL has an outstanding profitability rating, which may justify a higher PE ratio.
- CMCL's earnings are expected to grow with 25.88% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y50.94%
EPS Next 3Y25.88%
5. Dividend
5.1 Amount
- CMCL has a Yearly Dividend Yield of 1.89%. Purely for dividend investing, there may be better candidates out there.
- CMCL's Dividend Yield is rather good when compared to the industry average which is at 1.02. CMCL pays more dividend than 85.71% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, CMCL has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
5.2 History
- The dividend of CMCL is nicely growing with an annual growth rate of 15.05%!
- CMCL has paid a dividend for at least 10 years, which is a reliable track record.
- CMCL has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)15.05%
Div Incr Years0
Div Non Decr Years6
5.3 Sustainability
- 42.63% of the earnings are spent on dividend by CMCL. This is a bit on the high side, but may be sustainable.
- CMCL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP42.63%
EPS Next 2Y50.94%
EPS Next 3Y25.88%
CALEDONIA MINING CORP PLC / CMCL FAQ
What is the ChartMill fundamental rating of CALEDONIA MINING CORP PLC (CMCL) stock?
ChartMill assigns a fundamental rating of 8 / 10 to CMCL.
What is the valuation status for CMCL stock?
ChartMill assigns a valuation rating of 9 / 10 to CALEDONIA MINING CORP PLC (CMCL). This can be considered as Undervalued.
What is the profitability of CMCL stock?
CALEDONIA MINING CORP PLC (CMCL) has a profitability rating of 8 / 10.
What are the PE and PB ratios of CALEDONIA MINING CORP PLC (CMCL) stock?
The Price/Earnings (PE) ratio for CALEDONIA MINING CORP PLC (CMCL) is 12.63 and the Price/Book (PB) ratio is 2.62.
What is the expected EPS growth for CALEDONIA MINING CORP PLC (CMCL) stock?
The Earnings per Share (EPS) of CALEDONIA MINING CORP PLC (CMCL) is expected to grow by 146.84% in the next year.