31.57 USD
+0.17 (+0.54%)
31.1 USD
-0.47 (-1.49%)
Overall CMCL gets a fundamental rating of 8 out of 10. We evaluated CMCL against 154 industry peers in the Metals & Mining industry. Both the health and profitability get an excellent rating, making CMCL a very profitable company, without any liquidiy or solvency issues. An interesting combination arises when we look at growth and value: CMCL is growing strongly while it also seems undervalued. 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
- In the past year CMCL was profitable.
- CMCL had a positive operating cash flow in the past year.
- CMCL had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years CMCL had a positive operating cash flow.
1.2 Ratios
- CMCL has a better Return On Assets (9.44%) than 86.36% of its industry peers.
- Looking at the Return On Equity, with a value of 15.41%, CMCL belongs to the top of the industry, outperforming 88.31% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 17.47%, CMCL belongs to the best of the industry, outperforming 91.56% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for CMCL is in line with the industry average of 10.32%.
- The 3 year average ROIC (12.13%) for CMCL is below the current ROIC(17.47%), indicating increased profibility in the last year.
| 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
- CMCL has a Profit Margin of 17.95%. This is amongst the best in the industry. CMCL outperforms 81.82% of its industry peers.
- CMCL's Profit Margin has declined in the last couple of years.
- CMCL has a better Operating Margin (37.66%) than 87.66% of its industry peers.
- In the last couple of years the Operating Margin of CMCL has declined.
- 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.
- CMCL has more shares outstanding than it did 5 years ago.
- CMCL has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 3.53 indicates that CMCL is not in any danger for bankruptcy at the moment.
- CMCL has a Altman-Z score (3.53) which is comparable to the rest of the industry.
- CMCL has a debt to FCF ratio of 1.48. This is a very positive value and a sign of high solvency as it would only need 1.48 years to pay back of all of its debts.
- With an excellent Debt to FCF ratio value of 1.48, CMCL belongs to the best of the industry, outperforming 83.77% of the companies in the same industry.
- A Debt/Equity ratio of 0.11 indicates that CMCL is not too dependend on debt financing.
- CMCL has a better Debt to Equity ratio (0.11) than 60.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1.48 | ||
| Altman-Z | 3.53 |
ROIC/WACC1.66
WACC10.55%
2.3 Liquidity
- A Current Ratio of 1.65 indicates that CMCL should not have too much problems paying its short term obligations.
- The Current ratio of CMCL (1.65) is worse than 69.48% of its industry peers.
- A Quick Ratio of 1.10 indicates that CMCL should not have too much problems paying its short term obligations.
- CMCL's Quick ratio of 1.10 is on the low side compared to the rest of the industry. CMCL is outperformed by 63.64% of its industry peers.
- The current and quick ratio evaluation for CMCL is rather negative, while it does have 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.
- CMCL shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -24.93% yearly.
- 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
- The Earnings Per Share is expected to grow by 25.88% on average over the next years. This is a very strong growth
- CMCL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.48% yearly.
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
- 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 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 12.33.
- Compared to the rest of the industry, the Price/Earnings ratio of CMCL indicates a rather cheap valuation: CMCL is cheaper than 98.70% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.25, CMCL is valued rather cheaply.
- CMCL is valuated reasonably with a Price/Forward Earnings ratio of 10.72.
- CMCL's Price/Forward Earnings ratio is rather cheap when compared to the industry. CMCL is cheaper than 87.01% of the companies in the same industry.
- CMCL is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.33 | ||
| Fwd PE | 10.72 |
4.2 Price Multiples
- 93.51% of the companies in the same industry are more expensive than CMCL, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, CMCL is valued cheaply inside the industry as 81.17% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.2 | ||
| EV/EBITDA | 6.11 |
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.
- The excellent profitability rating of CMCL 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)0.08
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%.
- Compared to an average industry Dividend Yield of 1.02, CMCL pays a better dividend. On top of this CMCL pays more dividend than 85.71% of the companies listed in the same industry.
- CMCL's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
5.2 History
- On average, the dividend of CMCL grows each year by 15.05%, which is quite nice.
- CMCL has paid a dividend for at least 10 years, which is a reliable track record.
- As CMCL did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
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.
- The dividend of CMCL is growing, but earnings are growing more, so the dividend growth is 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 12.33 and the Price/Book (PB) ratio is 2.56.
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.