CALEDONIA MINING CORP PLC (CMCL) Stock Fundamental Analysis

NYSEARCA:CMCL • JE00BF0XVB15

29.79 USD
-2.08 (-6.53%)
At close: Mar 3, 2026
29.86 USD
+0.07 (+0.23%)
After Hours: 3/3/2026, 5:19:36 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

7

CMCL gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 157 industry peers in the Metals & Mining industry. CMCL scores excellent on profitability, but there are some minor concerns on its financial health. CMCL is evaluated to be cheap and growing strongly. This does not happen too often! Finally CMCL also has an excellent dividend rating. These ratings could make CMCL a good candidate for value and dividend and growth investing.


Dividend Valuation Growth Profitability Health

7

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.
  • In the past 5 years CMCL always reported a positive cash flow from operatings.
CMCL Yearly Net Income VS EBIT VS OCF VS FCFCMCL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M

1.2 Ratios

  • CMCL has a Return On Assets of 9.44%. This is amongst the best in the industry. CMCL outperforms 83.44% of its industry peers.
  • CMCL has a Return On Equity of 15.41%. This is amongst the best in the industry. CMCL outperforms 84.08% of its industry peers.
  • The Return On Invested Capital of CMCL (17.47%) is better than 89.81% 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 10.98%.
  • The 3 year average ROIC (12.13%) for CMCL is below the current ROIC(17.47%), indicating increased profibility in the last year.
Industry RankSector 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%
CMCL Yearly ROA, ROE, ROICCMCL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30

1.3 Margins

  • Looking at the Profit Margin, with a value of 17.95%, CMCL is in the better half of the industry, outperforming 78.98% 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 86.62% of the companies in the same industry.
  • CMCL's Operating Margin has declined in the last couple of years.
  • CMCL has a better Gross Margin (49.47%) than 82.80% of its industry peers.
  • In the last couple of years the Gross Margin of CMCL has remained more or less at the same level.
Industry RankSector 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%
CMCL Yearly Profit, Operating, Gross MarginsCMCL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CMCL is still creating some 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
  • Compared to 1 year ago, CMCL has an improved debt to assets ratio.
CMCL Yearly Shares OutstandingCMCL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
CMCL Yearly Total Debt VS Total AssetsCMCL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

  • CMCL has an Altman-Z score of 3.55. This indicates that CMCL is financially healthy and has little risk of bankruptcy at the moment.
  • CMCL has a Altman-Z score (3.55) which is comparable to the rest of the 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.
  • CMCL has a Debt to FCF ratio of 1.48. This is amongst the best in the industry. CMCL outperforms 80.25% of its industry peers.
  • CMCL has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of CMCL (0.11) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 1.48
Altman-Z 3.55
ROIC/WACC1.64
WACC10.64%
CMCL Yearly LT Debt VS Equity VS FCFCMCL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M

2.3 Liquidity

  • CMCL has a Current Ratio of 1.65. This is a normal value and indicates that CMCL is financially healthy and should not expect problems in meeting its short term obligations.
  • CMCL's Current ratio of 1.65 is on the low side compared to the rest of the industry. CMCL is outperformed by 69.43% 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.
  • CMCL has a worse Quick ratio (1.10) than 64.33% of its industry peers.
Industry RankSector Rank
Current Ratio 1.65
Quick Ratio 1.1
CMCL Yearly Current Assets VS Current LiabilitesCMCL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

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%.
  • The Revenue has been growing by 19.27% on average over the past years. This is quite good.
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 20.76% on average over the next years. This is a very strong growth
EPS Next Y146.84%
EPS Next 2Y50.94%
EPS Next 3Y25.88%
EPS Next 5YN/A
Revenue Next Year48.46%
Revenue Next 2Y32.92%
Revenue Next 3Y20.76%
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 stable.
CMCL Yearly Revenue VS EstimatesCMCL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M
CMCL Yearly EPS VS EstimatesCMCL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3

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Find the best growth stocksShow best growing peers

9

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 11.64, the valuation of CMCL can be described as very reasonable.
  • Compared to the rest of the industry, the Price/Earnings ratio of CMCL indicates a rather cheap valuation: CMCL is cheaper than 98.09% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.83, CMCL is valued rather cheaply.
  • The Price/Forward Earnings ratio is 10.11, which indicates a very decent valuation of CMCL.
  • CMCL's Price/Forward Earnings ratio is rather cheap when compared to the industry. CMCL is cheaper than 85.99% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 24.95. CMCL is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 11.64
Fwd PE 10.11
CMCL Price Earnings VS Forward Price EarningsCMCL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CMCL indicates a rather cheap valuation: CMCL is cheaper than 94.90% of the companies listed in the same industry.
  • 81.53% of the companies in the same industry are more expensive than CMCL, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 30.38
EV/EBITDA 6.17
CMCL Per share dataCMCL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

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 decent 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%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • CMCL has a Yearly Dividend Yield of 1.72%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 1.01, CMCL pays a better dividend. On top of this CMCL pays more dividend than 84.71% of the companies listed 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 RankSector Rank
Dividend Yield 1.72%

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
CMCL Yearly Dividends per shareCMCL Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

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%
CMCL Yearly Income VS Free CF VS DividendCMCL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M -10M 20M 30M 40M
CMCL Dividend Payout.CMCL Dividend Payout, showing the Payout Ratio.CMCL Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

CALEDONIA MINING CORP PLC

NYSEARCA:CMCL (3/3/2026, 5:19:36 PM)

After market: 29.86 +0.07 (+0.23%)

29.79

-2.08 (-6.53%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-10
Earnings (Next)03-25
Inst Owners52.11%
Inst Owner Change8.42%
Ins Owners1.45%
Ins Owner ChangeN/A
Market Cap574.95M
Revenue(TTM)173.75M
Net Income(TTM)36.74M
Analysts82.5
Price Target41.85 (40.48%)
Short Float %7.54%
Short Ratio2.82
Dividend
Industry RankSector Rank
Dividend Yield 1.72%
Yearly Dividend0.64
Dividend Growth(5Y)15.05%
DP42.63%
Div Incr Years0
Div Non Decr Years6
Ex-DateN/A
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)10.3%
PT rev (3m)23.35%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)2.62%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)1.49%
Revenue NY rev (3m)6.79%
Valuation
Industry RankSector Rank
PE 11.64
Fwd PE 10.11
P/S 2.81
P/FCF 30.38
P/OCF 9.7
P/B 2.41
P/tB 2.41
EV/EBITDA 6.17
EPS(TTM)2.56
EY8.59%
EPS(NY)2.95
Fwd EY9.89%
FCF(TTM)0.98
FCFY3.29%
OCF(TTM)3.07
OCFY10.31%
SpS10.61
BVpS12.35
TBVpS12.35
PEG (NY)0.08
PEG (5Y)N/A
Graham Number26.68
Profitability
Industry RankSector 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 RankSector 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 3.55
F-Score7
WACC10.64%
ROIC/WACC1.64
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 Y146.84%
EPS Next 2Y50.94%
EPS Next 3Y25.88%
EPS Next 5YN/A
Revenue 1Y (TTM)25.29%
Revenue growth 3Y14.68%
Revenue growth 5Y19.27%
Sales Q2Q%52.42%
Revenue Next Year48.46%
Revenue Next 2Y32.92%
Revenue Next 3Y20.76%
Revenue Next 5YN/A
EBIT growth 1Y182.99%
EBIT growth 3Y9.64%
EBIT growth 5Y16.51%
EBIT Next Year166.18%
EBIT Next 3Y45.02%
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 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 7 / 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 11.64 and the Price/Book (PB) ratio is 2.41.


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.