CALEDONIA MINING CORP PLC (CMCL) Stock Fundamental Analysis
USA - NYSEARCA:CMCL - JE00BF0XVB15 - Common Stock
28.18 USD
-0.59 (-2.05%)
28.5 USD
+0.32 (+1.14%)
CMCL gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. CMCL gets an excellent profitability rating and is at the same time showing great financial health properties. CMCL is valued quite cheap, while showing a decent growth score. This is a good combination! With these ratings, CMCL could be worth investigating further for value 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.
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.
The Return On Equity of CMCL (15.41%) is better than 87.66% of its industry peers.
CMCL's Return On Invested Capital of 17.47% is amongst the best of the industry. CMCL outperforms 94.16% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CMCL is in line with the industry average of 12.85%.
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
CMCL's Profit Margin of 17.95% is amongst the best of the industry. CMCL outperforms 82.47% of its industry peers.
In the last couple of years the Profit Margin of CMCL has declined.
CMCL has a better Operating Margin (37.66%) than 88.31% 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
CMCL has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating 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.
Compared to 1 year ago, CMCL has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.27 indicates that CMCL is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.27, CMCL is in line with its industry, outperforming 50.65% 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.
Looking at the Debt to FCF ratio, with a value of 1.48, CMCL belongs to the top of the industry, outperforming 84.42% of the companies in the same industry.
CMCL has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.11, CMCL is in line with its industry, outperforming 57.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1.48 | ||
| Altman-Z | 3.27 |
ROIC/WACC1.94
WACC9.02%
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 71.43% 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 68.18% 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 141.51% over the past year.
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 8.41% on average over the next years. This is quite good.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.01, the valuation of CMCL can be described as reasonable.
Based on the Price/Earnings ratio, CMCL is valued cheaper than 96.75% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.89. CMCL is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 10.72, the valuation of CMCL can be described as very reasonable.
77.27% of the companies in the same industry are more expensive than CMCL, based on the Price/Forward Earnings ratio.
CMCL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.01 | ||
| Fwd PE | 10.72 |
4.2 Price Multiples
CMCL's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CMCL is cheaper than 92.86% of the companies in the same industry.
CMCL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CMCL is cheaper than 75.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.74 | ||
| EV/EBITDA | 5.41 |
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)0.08
PEG (5Y)N/A
EPS Next 2Y42.59%
EPS Next 3Y8.41%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.95%, CMCL has a reasonable but not impressive dividend return.
CMCL's Dividend Yield is rather good when compared to the industry average which is at 2.63. CMCL pays more dividend than 83.77% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.44, CMCL is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.95% |
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.
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
CMCL pays out 42.63% of its income as dividend. This is a bit on the high side, but may be sustainable.
CMCL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP42.63%
EPS Next 2Y42.59%
EPS Next 3Y8.41%
28.18
-0.59 (-2.05%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners51.66%
Inst Owner Change6.08%
Ins Owners1.51%
Ins Owner ChangeN/A
Market Cap543.87M
Revenue(TTM)173.75M
Net Income(TTM)36.74M
Analysts82.5
Price Target32.91 (16.78%)
Short Float %1.86%
Short Ratio1.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.95% |
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)0%
EPS NQ rev (3m)30%
EPS NY rev (1m)4.96%
EPS NY rev (3m)108.92%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.99%
Revenue NY rev (1m)0%
Revenue NY rev (3m)7.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.01 | ||
| Fwd PE | 10.72 | ||
| P/S | 2.66 | ||
| P/FCF | 28.74 | ||
| P/OCF | 9.18 | ||
| P/B | 2.28 | ||
| P/tB | 2.28 | ||
| EV/EBITDA | 5.41 |
EPS(TTM)2.56
EY9.08%
EPS(NY)2.63
Fwd EY9.33%
FCF(TTM)0.98
FCFY3.48%
OCF(TTM)3.07
OCFY10.89%
SpS10.61
BVpS12.35
TBVpS12.35
PEG (NY)0.08
PEG (5Y)N/A
Graham Number26.68
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 | 3.27 |
F-Score7
WACC9.02%
ROIC/WACC1.94
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)141.51%
EPS 3Y-14.85%
EPS 5Y-24.93%
EPS Q2Q%196.15%
EPS Next Y140.52%
EPS Next 2Y42.59%
EPS Next 3Y8.41%
EPS Next 5YN/A
Revenue 1Y (TTM)25.29%
Revenue growth 3Y14.68%
Revenue growth 5Y19.27%
Sales Q2Q%52.42%
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 8 / 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%.