CALEDONIA MINING CORP PLC (CMCL) Stock Fundamental Analysis
USA - NYSEARCA:CMCL - JE00BF0XVB15 - Common Stock
27.33 USD
+0.83 (+3.13%)
27.33 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to CMCL. CMCL was compared to 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. CMCL scores decently on growth, while it is valued quite cheap. This could make an interesting combination. This makes CMCL very considerable for value 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.
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 88.31% of the companies in the same industry.
Looking at the Return On Equity, with a value of 15.41%, CMCL belongs to the top of the industry, outperforming 87.66% of the companies in the same industry.
CMCL has a better Return On Invested Capital (17.47%) than 94.81% of its industry peers.
CMCL had an Average Return On Invested Capital over the past 3 years of 12.13%. This is in line with the industry average of 12.60%.
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 83.77% of the companies in the same industry.
CMCL's Profit Margin has declined in the last couple of years.
CMCL has a Operating Margin of 37.66%. This is amongst the best in the industry. CMCL outperforms 88.96% of its industry peers.
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 87.01% of the companies in the same industry.
In the last couple of years the Gross Margin of CMCL has remained more or less at the same level.
| 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so CMCL is creating value.
CMCL has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, CMCL has more shares outstanding
The debt/assets ratio for CMCL has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.21 indicates that CMCL is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.21, CMCL is in line with its industry, outperforming 53.90% of the companies in the same industry.
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.
With an excellent Debt to FCF ratio value of 1.48, CMCL belongs to the best of the industry, outperforming 84.42% 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's Debt to Equity ratio of 0.11 is in line compared to the rest of the industry. CMCL outperforms 57.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1.48 | ||
| Altman-Z | 3.21 |
ROIC/WACC1.92
WACC9.11%
2.3 Liquidity
A Current Ratio of 1.65 indicates that CMCL should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.65, CMCL is doing worse than 70.13% of the companies in the same industry.
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 66.88% of its industry peers.
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
The Earnings Per Share has grown by an impressive 105.00% over the past year.
The earnings per share for CMCL have been decreasing by -24.93% on average. This is quite bad
The Revenue has grown by 28.06% in the past year. This is a very strong growth!
The Revenue has been growing by 19.27% on average over the past years. This is quite good.
EPS 1Y (TTM)105%
EPS 3Y-14.85%
EPS 5Y-24.93%
EPS Q2Q%111.18%
Revenue 1Y (TTM)28.06%
Revenue growth 3Y14.68%
Revenue growth 5Y19.27%
Sales Q2Q%30.33%
3.2 Future
CMCL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.41% yearly.
CMCL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.86% yearly.
EPS Next Y140.52%
EPS Next 2Y42.59%
EPS Next 3Y8.41%
EPS Next 5YN/A
Revenue Next Year39.02%
Revenue Next 2Y19.78%
Revenue Next 3Y6.86%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 13.33, the valuation of CMCL can be described as correct.
Based on the Price/Earnings ratio, CMCL is valued cheaper than 90.26% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.06, CMCL is valued a bit cheaper.
A Price/Forward Earnings ratio of 10.40 indicates a reasonable valuation of CMCL.
77.92% of the companies in the same industry are more expensive than CMCL, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.73, CMCL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.33 | ||
| Fwd PE | 10.4 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CMCL is valued cheaply inside the industry as 93.51% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, CMCL is valued a bit cheaper than 77.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.87 | ||
| EV/EBITDA | 5.23 |
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.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y42.59%
EPS Next 3Y8.41%
5. Dividend
5.1 Amount
CMCL has a Yearly Dividend Yield of 2.11%.
Compared to an average industry Dividend Yield of 2.64, CMCL pays a better dividend. On top of this CMCL pays more dividend than 84.42% of the companies listed in the same industry.
CMCL's Dividend Yield is comparable with the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.11% |
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.
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.
The dividend of CMCL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP42.63%
EPS Next 2Y42.59%
EPS Next 3Y8.41%
27.33
+0.83 (+3.13%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners51.66%
Inst Owner Change3.6%
Ins Owners1.51%
Ins Owner ChangeN/A
Market Cap527.47M
Revenue(TTM)204.74M
Net Income(TTM)36.74M
Analysts82.5
Price Target32.91 (20.42%)
Short Float %1.86%
Short Ratio1.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.11% |
Yearly Dividend0.64
Dividend Growth(5Y)15.05%
DP42.63%
Div Incr Years0
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)69.44%
Min EPS beat(2)1.53%
Max EPS beat(2)137.36%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)1.04%
Min Revenue beat(2)-5.7%
Max Revenue beat(2)7.78%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)26.04%
PT rev (3m)55.24%
EPS NQ rev (1m)4%
EPS NQ rev (3m)30%
EPS NY rev (1m)4.96%
EPS NY rev (3m)108.92%
Revenue NQ rev (1m)1.72%
Revenue NQ rev (3m)3.99%
Revenue NY rev (1m)0%
Revenue NY rev (3m)7.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.33 | ||
| Fwd PE | 10.4 | ||
| P/S | 2.58 | ||
| P/FCF | 27.87 | ||
| P/OCF | 8.9 | ||
| P/B | 2.21 | ||
| P/tB | 2.21 | ||
| EV/EBITDA | 5.23 |
EPS(TTM)2.05
EY7.5%
EPS(NY)2.63
Fwd EY9.62%
FCF(TTM)0.98
FCFY3.59%
OCF(TTM)3.07
OCFY11.23%
SpS10.61
BVpS12.35
TBVpS12.35
PEG (NY)0.09
PEG (5Y)N/A
Graham Number23.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.44% | ||
| ROE | 15.41% | ||
| ROCE | 22.99% | ||
| ROIC | 17.47% | ||
| ROICexc | 19.59% | ||
| ROICexgc | 19.59% | ||
| OM | 37.66% | ||
| PM (TTM) | 17.95% | ||
| GM | 49.47% | ||
| FCFM | 9.24% |
ROA(3y)3.45%
ROA(5y)6.15%
ROE(3y)5%
ROE(5y)8.22%
ROIC(3y)12.13%
ROIC(5y)14.64%
ROICexc(3y)12.42%
ROICexc(5y)15.65%
ROICexgc(3y)12.42%
ROICexgc(5y)15.65%
ROCE(3y)16.21%
ROCE(5y)19.06%
ROICexgc growth 3Y-9.34%
ROICexgc growth 5Y-3.05%
ROICexc growth 3Y-9.34%
ROICexc growth 5Y-3.05%
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%
F-Score7
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1.48 | ||
| Debt/EBITDA | 0.29 | ||
| Cap/Depr | 254.24% | ||
| Cap/Sales | 19.7% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 63.73% | ||
| Profit Quality | 51.5% | ||
| Current Ratio | 1.65 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 3.21 |
F-Score7
WACC9.11%
ROIC/WACC1.92
Cap/Depr(3y)280.02%
Cap/Depr(5y)382.26%
Cap/Sales(3y)24.2%
Cap/Sales(5y)26.95%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)105%
EPS 3Y-14.85%
EPS 5Y-24.93%
EPS Q2Q%111.18%
EPS Next Y140.52%
EPS Next 2Y42.59%
EPS Next 3Y8.41%
EPS Next 5YN/A
Revenue 1Y (TTM)28.06%
Revenue growth 3Y14.68%
Revenue growth 5Y19.27%
Sales Q2Q%30.33%
Revenue Next Year39.02%
Revenue Next 2Y19.78%
Revenue Next 3Y6.86%
Revenue Next 5YN/A
EBIT growth 1Y182.99%
EBIT growth 3Y9.64%
EBIT growth 5Y16.51%
EBIT Next Year140.81%
EBIT Next 3Y20.94%
EBIT Next 5YN/A
FCF growth 1Y199.86%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y368.42%
OCF growth 3Y10.73%
OCF growth 5Y18.36%
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 7 / 10 to CMCL.
What is the valuation status of CALEDONIA MINING CORP PLC (CMCL) stock?
ChartMill assigns a valuation rating of 7 / 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.
How financially healthy is CALEDONIA MINING CORP PLC?
The financial health rating of CALEDONIA MINING CORP PLC (CMCL) is 7 / 10.
Can you provide the dividend sustainability for CMCL stock?
The dividend rating of CALEDONIA MINING CORP PLC (CMCL) is 6 / 10 and the dividend payout ratio is 42.63%.