CALIFORNIA RESOURCES CORP (CRC) Stock Fundamental Analysis
USA - NYSE:CRC - US13057Q3056 - Common Stock
46.17 USD
+0.04 (+0.09%)
46.17 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to CRC. CRC was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. While CRC belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on CRC.
1. Profitability
1.1 Basic Checks
In the past year CRC was profitable.
In the past year CRC had a positive cash flow from operations.
In the past 5 years CRC has always been profitable.
In the past 5 years CRC always reported a positive cash flow from operatings.
1.2 Ratios
CRC's Return On Assets of 9.91% is amongst the best of the industry. CRC outperforms 87.14% of its industry peers.
With an excellent Return On Equity value of 19.52%, CRC belongs to the best of the industry, outperforming 85.24% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 14.94%, CRC belongs to the top of the industry, outperforming 92.38% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CRC is significantly below the industry average of 21.78%.
The last Return On Invested Capital (14.94%) for CRC is above the 3 year average (14.73%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.91% | ||
| ROE | 19.52% | ||
| ROIC | 14.94% |
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
With a decent Profit Margin value of 16.14%, CRC is doing good in the industry, outperforming 68.10% of the companies in the same industry.
In the last couple of years the Profit Margin of CRC has declined.
CRC has a Operating Margin of 28.30%. This is in the better half of the industry: CRC outperforms 69.52% of its industry peers.
In the last couple of years the Operating Margin of CRC has grown nicely.
CRC has a Gross Margin of 69.78%. This is in the better half of the industry: CRC outperforms 79.52% of its industry peers.
CRC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.3% | ||
| PM (TTM) | 16.14% | ||
| GM | 69.78% |
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.
Compared to 1 year ago, CRC has more shares outstanding
The number of shares outstanding for CRC has been increased compared to 5 years ago.
The debt/assets ratio for CRC is higher compared to a year ago.
2.2 Solvency
CRC has an Altman-Z score of 2.25. 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 2.25, CRC is in the better half of the industry, outperforming 70.95% of the companies in the same industry.
The Debt to FCF ratio of CRC is 2.02, which is a good value as it means it would take CRC, 2.02 years of fcf income to pay off all of its debts.
CRC has a better Debt to FCF ratio (2.02) than 82.38% 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 64.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 2.02 | ||
| Altman-Z | 2.25 |
ROIC/WACC1.74
WACC8.6%
2.3 Liquidity
CRC has a Current Ratio of 0.78. This is a bad value and indicates that CRC is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of CRC (0.78) is worse than 69.05% of its industry peers.
A Quick Ratio of 0.68 indicates that CRC may have some problems paying its short term obligations.
With a Quick ratio value of 0.68, CRC is not doing good in the industry: 70.48% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.11% over the past year.
CRC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.50% yearly.
The Revenue has grown by 14.17% in the past year. This is quite good.
Measured over the past years, CRC shows a small growth in Revenue. The Revenue has been growing by 3.96% on average per year.
EPS 1Y (TTM)20.11%
EPS 3Y-14.99%
EPS 5Y21.5%
EPS Q2Q%-2.67%
Revenue 1Y (TTM)14.17%
Revenue growth 3Y19.18%
Revenue growth 5Y3.96%
Sales Q2Q%-36.81%
3.2 Future
CRC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.15% yearly.
Based on estimates for the next years, CRC will show a small growth in Revenue. The Revenue will grow by 7.38% on average per year.
EPS Next Y9.03%
EPS Next 2Y-11.63%
EPS Next 3Y0.75%
EPS Next 5Y2.15%
Revenue Next Year16.84%
Revenue Next 2Y8.53%
Revenue Next 3Y7.38%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.17, the valuation of CRC can be described as reasonable.
Based on the Price/Earnings ratio, CRC is valued a bit cheaper than 76.67% of the companies in the same industry.
CRC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.83.
A Price/Forward Earnings ratio of 15.73 indicates a correct valuation of CRC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CRC is on the same level as its industry peers.
CRC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 32.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.17 | ||
| Fwd PE | 15.73 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CRC indicates a rather cheap valuation: CRC is cheaper than 90.48% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CRC is valued cheaply inside the industry as 84.76% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.74 | ||
| EV/EBITDA | 2.81 |
4.3 Compensation for Growth
CRC's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of CRC may justify a higher PE ratio.
PEG (NY)1.13
PEG (5Y)0.47
EPS Next 2Y-11.63%
EPS Next 3Y0.75%
5. Dividend
5.1 Amount
CRC has a Yearly Dividend Yield of 3.51%.
Compared to an average industry Dividend Yield of 6.76, CRC has a dividend in line with its industry peers.
CRC's Dividend Yield is a higher than the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.51% |
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 21.05% of its income as dividend. This is a sustainable payout ratio.
DP21.05%
EPS Next 2Y-11.63%
EPS Next 3Y0.75%
46.17
+0.04 (+0.09%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners101.22%
Inst Owner Change-0.58%
Ins Owners0.75%
Ins Owner Change0.27%
Market Cap3.86B
Revenue(TTM)3.20B
Net Income(TTM)665.00M
Analysts82.35
Price Target68.26 (47.84%)
Short Float %4.14%
Short Ratio3.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.51% |
Yearly Dividend1.41
Dividend Growth(5Y)N/A
DP21.05%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)27.59%
Min EPS beat(2)19.85%
Max EPS beat(2)35.33%
EPS beat(4)3
Avg EPS beat(4)14.83%
Min EPS beat(4)-6.92%
Max EPS beat(4)35.33%
EPS beat(8)6
Avg EPS beat(8)11.25%
EPS beat(12)8
Avg EPS beat(12)6.5%
EPS beat(16)10
Avg EPS beat(16)11.48%
Revenue beat(2)2
Avg Revenue beat(2)14.09%
Min Revenue beat(2)4.8%
Max Revenue beat(2)23.39%
Revenue beat(4)3
Avg Revenue beat(4)15.8%
Min Revenue beat(4)-3.28%
Max Revenue beat(4)38.28%
Revenue beat(8)5
Avg Revenue beat(8)9.01%
Revenue beat(12)8
Avg Revenue beat(12)14.45%
Revenue beat(16)11
Avg Revenue beat(16)11.53%
PT rev (1m)9.4%
PT rev (3m)13.9%
EPS NQ rev (1m)-4.93%
EPS NQ rev (3m)13.32%
EPS NY rev (1m)-3.85%
EPS NY rev (3m)9.03%
Revenue NQ rev (1m)-1.57%
Revenue NQ rev (3m)3.95%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)7.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.17 | ||
| Fwd PE | 15.73 | ||
| P/S | 0.94 | ||
| P/FCF | 7.74 | ||
| P/OCF | 4.97 | ||
| P/B | 1.13 | ||
| P/tB | 1.13 | ||
| EV/EBITDA | 2.81 |
EPS(TTM)4.54
EY9.83%
EPS(NY)2.94
Fwd EY6.36%
FCF(TTM)5.96
FCFY12.91%
OCF(TTM)9.28
OCFY20.11%
SpS49.23
BVpS40.71
TBVpS40.71
PEG (NY)1.13
PEG (5Y)0.47
Graham Number64.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.91% | ||
| ROE | 19.52% | ||
| ROCE | 20.16% | ||
| ROIC | 14.94% | ||
| ROICexc | 15.13% | ||
| ROICexgc | 15.13% | ||
| OM | 28.3% | ||
| PM (TTM) | 16.14% | ||
| GM | 69.78% | ||
| FCFM | 12.11% |
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-Score8
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 2.02 | ||
| Debt/EBITDA | 0.52 | ||
| Cap/Depr | 51.39% | ||
| Cap/Sales | 6.75% | ||
| Interest Coverage | 11 | ||
| Cash Conversion | 45.52% | ||
| Profit Quality | 75.04% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | 2.25 |
F-Score8
WACC8.6%
ROIC/WACC1.74
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 Y9.03%
EPS Next 2Y-11.63%
EPS Next 3Y0.75%
EPS Next 5Y2.15%
Revenue 1Y (TTM)14.17%
Revenue growth 3Y19.18%
Revenue growth 5Y3.96%
Sales Q2Q%-36.81%
Revenue Next Year16.84%
Revenue Next 2Y8.53%
Revenue Next 3Y7.38%
Revenue Next 5YN/A
EBIT growth 1Y277.35%
EBIT growth 3Y51.69%
EBIT growth 5Y11.52%
EBIT Next Year134.54%
EBIT Next 3Y31.11%
EBIT Next 5Y21.09%
FCF growth 1Y0%
FCF growth 3Y-8.67%
FCF growth 5Y9.94%
OCF growth 1Y1.3%
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 6 / 10 to CRC.
What is the valuation status of CALIFORNIA RESOURCES CORP (CRC) stock?
ChartMill assigns a valuation rating of 7 / 10 to CALIFORNIA RESOURCES CORP (CRC). This can be considered as Undervalued.
What is the profitability of CRC stock?
CALIFORNIA RESOURCES CORP (CRC) has a profitability rating of 7 / 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 21.05%.