CALIFORNIA RESOURCES CORP (CRC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CRC - US13057Q3056 - Common Stock
46.58 USD
+1.8 (+4.02%)
46.58 USD
0 (0%)
CRC gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 208 industry peers in the Oil, Gas & Consumable Fuels industry. CRC has only an average score on both its financial health and profitability. CRC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
CRC had positive earnings in the past year.
CRC had a positive operating cash flow in the past year.
CRC had positive earnings in each of the past 5 years.
CRC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 5.69%, CRC is doing good in the industry, outperforming 69.23% of the companies in the same industry.
CRC has a Return On Equity of 11.15%. This is in the better half of the industry: CRC outperforms 66.83% of its industry peers.
CRC has a Return On Invested Capital of 9.14%. This is in the better half of the industry: CRC outperforms 79.81% of its industry peers.
CRC had an Average Return On Invested Capital over the past 3 years of 14.73%. This is significantly below the industry average of 21.28%.
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
Looking at the Profit Margin, with a value of 10.60%, CRC is in line with its industry, outperforming 58.65% 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 19.85%. This is comparable to the rest of the industry: CRC outperforms 56.73% of its industry peers.
CRC's Operating Margin has improved in the last couple of years.
CRC has a Gross Margin of 65.49%. This is in the better half of the industry: CRC outperforms 73.08% 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CRC is creating some value.
Compared to 1 year ago, CRC has more shares outstanding
Compared to 5 years ago, CRC has more shares outstanding
Compared to 1 year ago, CRC has a worse debt to assets ratio.
2.2 Solvency
CRC has an Altman-Z score of 1.90. 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.
The Altman-Z score of CRC (1.90) is better than 66.83% of its industry peers.
The Debt to FCF ratio of CRC is 1.85, which is an excellent value as it means it would take CRC, only 1.85 years of fcf income to pay off all of its debts.
CRC has a better Debt to FCF ratio (1.85) than 83.65% of its industry peers.
CRC has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.26, CRC is in the better half of the industry, outperforming 67.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 1.85 | ||
| Altman-Z | 1.9 |
ROIC/WACC1.06
WACC8.59%
2.3 Liquidity
A Current Ratio of 0.89 indicates that CRC may have some problems paying its short term obligations.
CRC's Current ratio of 0.89 is on the low side compared to the rest of the industry. CRC is outperformed by 61.06% of its industry peers.
A Quick Ratio of 0.78 indicates that CRC may have some problems paying its short term obligations.
The Quick ratio of CRC (0.78) is worse than 60.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
CRC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.11%, which is quite impressive.
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 18.87% in the past year. This is quite good.
The Revenue has been growing slightly by 3.96% on average over the past years.
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.
Based on estimates for the next years, CRC will show a small growth in Revenue. The Revenue will grow by 6.50% on average per year.
EPS Next Y12.48%
EPS Next 2Y-24.31%
EPS Next 3Y1.01%
EPS Next 5Y2.15%
Revenue Next Year16.32%
Revenue Next 2Y6.19%
Revenue Next 3Y6.5%
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 10.26 indicates a reasonable valuation of CRC.
Based on the Price/Earnings ratio, CRC is valued a bit cheaper than 79.81% 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 27.00.
CRC is valuated rather expensively with a Price/Forward Earnings ratio of 21.62.
CRC's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of CRC to the average of the S&P500 Index (23.70), we can say CRC is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.26 | ||
| Fwd PE | 21.62 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CRC is valued cheaper than 86.06% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CRC is valued cheaper than 88.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.62 | ||
| EV/EBITDA | 3.45 |
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)0.82
PEG (5Y)0.48
EPS Next 2Y-24.31%
EPS Next 3Y1.01%
5. Dividend
5.1 Amount
CRC has a Yearly Dividend Yield of 3.62%.
Compared to an average industry Dividend Yield of 3.96, CRC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.94, CRC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.62% |
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
35.94% of the earnings are spent on dividend by CRC. This is a low number and sustainable payout ratio.
DP35.94%
EPS Next 2Y-24.31%
EPS Next 3Y1.01%
46.58
+1.8 (+4.02%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners98.7%
Inst Owner Change0%
Ins Owners1.01%
Ins Owner Change14.62%
Market Cap3.62B
Revenue(TTM)3.62B
Net Income(TTM)384.00M
Analysts82.35
Price Target66.54 (42.85%)
Short Float %5.01%
Short Ratio4.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.62% |
Yearly Dividend1.41
Dividend Growth(5Y)N/A
DP35.94%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
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)-1.91%
PT rev (3m)-3.43%
EPS NQ rev (1m)-3.95%
EPS NQ rev (3m)-16.4%
EPS NY rev (1m)1.13%
EPS NY rev (3m)0.29%
Revenue NQ rev (1m)-0.39%
Revenue NQ rev (3m)-1.96%
Revenue NY rev (1m)0.26%
Revenue NY rev (3m)-0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.26 | ||
| Fwd PE | 21.62 | ||
| P/S | 1 | ||
| P/FCF | 6.62 | ||
| P/OCF | 4.32 | ||
| P/B | 1.05 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 3.45 |
EPS(TTM)4.54
EY9.75%
EPS(NY)2.15
Fwd EY4.62%
FCF(TTM)7.04
FCFY15.1%
OCF(TTM)10.77
OCFY23.13%
SpS46.67
BVpS44.36
TBVpS44.36
PEG (NY)0.82
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 | 1.9 |
F-Score6
WACC8.59%
ROIC/WACC1.06
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 Y12.48%
EPS Next 2Y-24.31%
EPS Next 3Y1.01%
EPS Next 5Y2.15%
Revenue 1Y (TTM)18.87%
Revenue growth 3Y19.18%
Revenue growth 5Y3.96%
Sales Q2Q%-36.81%
Revenue Next Year16.32%
Revenue Next 2Y6.19%
Revenue Next 3Y6.5%
Revenue Next 5YN/A
EBIT growth 1Y-20.02%
EBIT growth 3Y51.69%
EBIT growth 5Y11.52%
EBIT Next Year131.25%
EBIT Next 3Y33.59%
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 for CRC stock?
ChartMill assigns a valuation rating of 6 / 10 to CALIFORNIA RESOURCES CORP (CRC). This can be considered as Fairly Valued.
Can you provide the profitability details for CALIFORNIA RESOURCES CORP?
CALIFORNIA RESOURCES CORP (CRC) has a profitability rating of 6 / 10.
How financially healthy is CALIFORNIA RESOURCES CORP?
The financial health rating of CALIFORNIA RESOURCES CORP (CRC) is 4 / 10.
How sustainable is the dividend of CALIFORNIA RESOURCES CORP (CRC) stock?
The dividend rating of CALIFORNIA RESOURCES CORP (CRC) is 5 / 10 and the dividend payout ratio is 35.94%.