CALIFORNIA RESOURCES CORP (CRC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CRC - US13057Q3056 - Common Stock
47.26 USD
-0.38 (-0.8%)
47.26 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to CRC. CRC was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of CRC get a neutral evaluation. Nothing too spectacular is happening here. CRC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CRC was profitable.
CRC had a positive operating cash flow in the past year.
Each year in the past 5 years CRC has been profitable.
CRC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.69%, CRC is in the better half of the industry, outperforming 69.38% of the companies in the same industry.
With a decent Return On Equity value of 11.15%, CRC is doing good in the industry, outperforming 67.46% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 9.14%, CRC is in the better half of the industry, outperforming 79.90% of the companies in the same industry.
CRC had an Average Return On Invested Capital over the past 3 years of 14.73%. This is significantly below the industry average of 20.87%.
The last Return On Invested Capital (9.14%) for CRC is well below the 3 year average (14.73%), which needs to be investigated, but indicates that CRC had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.69% | ||
| ROE | 11.15% | ||
| ROIC | 9.14% |
ROA(3y)10.86%
ROA(5y)21.94%
ROE(3y)21.39%
ROE(5y)53.16%
ROIC(3y)14.73%
ROIC(5y)N/A
1.3 Margins
CRC has a Profit Margin (10.60%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of CRC has declined.
CRC has a Operating Margin (19.85%) which is in line with its industry peers.
In the last couple of years the Operating Margin of CRC has grown nicely.
CRC has a better Gross Margin (65.49%) than 72.73% of its industry peers.
In the last couple of years the Gross Margin of CRC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.85% | ||
| PM (TTM) | 10.6% | ||
| GM | 65.49% |
OM growth 3Y27.28%
OM growth 5Y7.28%
PM growth 3Y-28.67%
PM growth 5YN/A
GM growth 3Y3.65%
GM growth 5Y1.12%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CRC is still creating some value.
CRC has more shares outstanding than it did 1 year ago.
CRC has more shares outstanding than it did 5 years ago.
CRC has a worse debt/assets ratio than last year.
2.2 Solvency
CRC has an Altman-Z score of 1.94. This is not the best score and indicates that CRC is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.94, CRC is in the better half of the industry, outperforming 65.55% of the companies in the same industry.
CRC has a debt to FCF ratio of 1.85. This is a very positive value and a sign of high solvency as it would only need 1.85 years to pay back of all of its debts.
CRC has a better Debt to FCF ratio (1.85) than 83.73% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that CRC is not too dependend on debt financing.
CRC's Debt to Equity ratio of 0.26 is fine compared to the rest of the industry. CRC outperforms 66.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 1.85 | ||
| Altman-Z | 1.94 |
ROIC/WACC1.05
WACC8.74%
2.3 Liquidity
A Current Ratio of 0.89 indicates that CRC may have some problems paying its short term obligations.
The Current ratio of CRC (0.89) is worse than 61.24% of its industry peers.
A Quick Ratio of 0.78 indicates that CRC may have some problems paying its short term obligations.
With a Quick ratio value of 0.78, CRC is not doing good in the industry: 60.77% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.11% over the past year.
The Earnings Per Share has been growing by 21.50% on average over the past years. This is a very strong growth
CRC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.87%.
CRC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.96% yearly.
EPS 1Y (TTM)20.11%
EPS 3Y-14.99%
EPS 5Y21.5%
EPS Q2Q%-2.67%
Revenue 1Y (TTM)18.87%
Revenue growth 3Y19.18%
Revenue growth 5Y3.96%
Sales Q2Q%-36.81%
3.2 Future
The Earnings Per Share is expected to grow by 2.15% on average over the next years.
CRC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.57% yearly.
EPS Next Y11.22%
EPS Next 2Y-15.54%
EPS Next 3Y3.5%
EPS Next 5Y2.15%
Revenue Next Year16.02%
Revenue Next 2Y7.64%
Revenue Next 3Y7.57%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.41 indicates a reasonable valuation of CRC.
Compared to the rest of the industry, the Price/Earnings ratio of CRC indicates a somewhat cheap valuation: CRC is cheaper than 79.43% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.34. CRC is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 17.62, CRC is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CRC is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.56, CRC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.41 | ||
| Fwd PE | 17.62 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CRC is valued cheaper than 85.17% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CRC indicates a rather cheap valuation: CRC is cheaper than 89.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.72 | ||
| EV/EBITDA | 3.63 |
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 CRC may justify a higher PE ratio.
PEG (NY)0.93
PEG (5Y)0.48
EPS Next 2Y-15.54%
EPS Next 3Y3.5%
5. Dividend
5.1 Amount
CRC has a Yearly Dividend Yield of 3.39%.
CRC's Dividend Yield is comparable with the industry average which is at 5.71.
Compared to an average S&P500 Dividend Yield of 2.31, CRC pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.39% |
5.2 History
CRC has been paying a dividend for over 5 years, so it has already some track record.
CRC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
CRC pays out 35.94% of its income as dividend. This is a sustainable payout ratio.
DP35.94%
EPS Next 2Y-15.54%
EPS Next 3Y3.5%
47.26
-0.38 (-0.8%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners113.35%
Inst Owner Change1.73%
Ins Owners1.16%
Ins Owner Change14.4%
Market Cap3.67B
Revenue(TTM)3.62B
Net Income(TTM)384.00M
Analysts82.35
Price Target67.08 (41.94%)
Short Float %4.57%
Short Ratio3.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.39% |
Yearly Dividend1.41
Dividend Growth(5Y)N/A
DP35.94%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.39%
Min EPS beat(2)14.93%
Max EPS beat(2)19.85%
EPS beat(4)3
Avg EPS beat(4)15.8%
Min EPS beat(4)-6.92%
Max EPS beat(4)35.33%
EPS beat(8)6
Avg EPS beat(8)10.12%
EPS beat(12)8
Avg EPS beat(12)7.59%
EPS beat(16)10
Avg EPS beat(16)2.43%
Revenue beat(2)1
Avg Revenue beat(2)10.96%
Min Revenue beat(2)-1.47%
Max Revenue beat(2)23.39%
Revenue beat(4)2
Avg Revenue beat(4)5.86%
Min Revenue beat(4)-3.28%
Max Revenue beat(4)23.39%
Revenue beat(8)5
Avg Revenue beat(8)10.11%
Revenue beat(12)7
Avg Revenue beat(12)6.72%
Revenue beat(16)10
Avg Revenue beat(16)10.16%
PT rev (1m)-1.71%
PT rev (3m)8.56%
EPS NQ rev (1m)2.02%
EPS NQ rev (3m)-14.26%
EPS NY rev (1m)2%
EPS NY rev (3m)4.39%
Revenue NQ rev (1m)-0.37%
Revenue NQ rev (3m)-3.3%
Revenue NY rev (1m)-0.7%
Revenue NY rev (3m)-0.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.41 | ||
| Fwd PE | 17.62 | ||
| P/S | 1.01 | ||
| P/FCF | 6.72 | ||
| P/OCF | 4.39 | ||
| P/B | 1.07 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | 3.63 |
EPS(TTM)4.54
EY9.61%
EPS(NY)2.68
Fwd EY5.68%
FCF(TTM)7.04
FCFY14.89%
OCF(TTM)10.77
OCFY22.79%
SpS46.67
BVpS44.36
TBVpS44.36
PEG (NY)0.93
PEG (5Y)0.48
Graham Number67.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.69% | ||
| ROE | 11.15% | ||
| ROCE | 12.32% | ||
| ROIC | 9.14% | ||
| ROICexc | 9.45% | ||
| ROICexgc | 9.45% | ||
| OM | 19.85% | ||
| PM (TTM) | 10.6% | ||
| GM | 65.49% | ||
| FCFM | 15.07% |
ROA(3y)10.86%
ROA(5y)21.94%
ROE(3y)21.39%
ROE(5y)53.16%
ROIC(3y)14.73%
ROIC(5y)N/A
ROICexc(3y)16.58%
ROICexc(5y)N/A
ROICexgc(3y)16.58%
ROICexgc(5y)N/A
ROCE(3y)19.88%
ROCE(5y)N/A
ROICexgc growth 3Y17.49%
ROICexgc growth 5Y13.2%
ROICexc growth 3Y17.49%
ROICexc growth 5Y13.2%
OM growth 3Y27.28%
OM growth 5Y7.28%
PM growth 3Y-28.67%
PM growth 5YN/A
GM growth 3Y3.65%
GM growth 5Y1.12%
F-Score6
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 1.85 | ||
| Debt/EBITDA | 0.72 | ||
| Cap/Depr | 55.34% | ||
| Cap/Sales | 8.01% | ||
| Interest Coverage | 8.46 | ||
| Cash Conversion | 67.26% | ||
| Profit Quality | 142.19% | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 1.94 |
F-Score6
WACC8.74%
ROIC/WACC1.05
Cap/Depr(3y)113.12%
Cap/Depr(5y)88.68%
Cap/Sales(3y)9.53%
Cap/Sales(5y)8.37%
Profit Quality(3y)78.91%
Profit Quality(5y)63.2%
High Growth Momentum
Growth
EPS 1Y (TTM)20.11%
EPS 3Y-14.99%
EPS 5Y21.5%
EPS Q2Q%-2.67%
EPS Next Y11.22%
EPS Next 2Y-15.54%
EPS Next 3Y3.5%
EPS Next 5Y2.15%
Revenue 1Y (TTM)18.87%
Revenue growth 3Y19.18%
Revenue growth 5Y3.96%
Sales Q2Q%-36.81%
Revenue Next Year16.02%
Revenue Next 2Y7.64%
Revenue Next 3Y7.57%
Revenue Next 5YN/A
EBIT growth 1Y-20.02%
EBIT growth 3Y51.69%
EBIT growth 5Y11.52%
EBIT Next Year131.8%
EBIT Next 3Y33.93%
EBIT Next 5Y21.09%
FCF growth 1Y23.53%
FCF growth 3Y-8.67%
FCF growth 5Y9.94%
OCF growth 1Y31.45%
OCF growth 3Y-2.59%
OCF growth 5Y-2.03%
CALIFORNIA RESOURCES CORP / CRC FAQ
What is the fundamental rating for CRC stock?
ChartMill assigns a fundamental rating of 5 / 10 to CRC.
What is the valuation status of CALIFORNIA RESOURCES CORP (CRC) stock?
ChartMill assigns a valuation rating of 6 / 10 to CALIFORNIA RESOURCES CORP (CRC). This can be considered as Fairly Valued.
What is the profitability of CRC stock?
CALIFORNIA RESOURCES CORP (CRC) has a profitability rating of 6 / 10.
What is the financial health of CALIFORNIA RESOURCES CORP (CRC) stock?
The financial health rating of CALIFORNIA RESOURCES CORP (CRC) is 4 / 10.
Can you provide the dividend sustainability for CRC stock?
The dividend rating of CALIFORNIA RESOURCES CORP (CRC) is 4 / 10 and the dividend payout ratio is 35.94%.