CALIFORNIA RESOURCES CORP (CRC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CRC - US13057Q3056 - Common Stock
46.25 USD
+0.13 (+0.28%)
46.25 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to CRC. CRC was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. CRC has an excellent profitability rating, but there are some minor concerns on its financial health. CRC is valued quite cheap, while showing a decent growth score. This is a good combination!
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.
Each year in the past 5 years CRC has been profitable.
Each year in the past 5 years CRC had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 9.91%, CRC belongs to the best of the industry, outperforming 88.04% of the companies in the same industry.
The Return On Equity of CRC (19.52%) is better than 86.60% of its industry peers.
CRC's Return On Invested Capital of 14.94% is amongst the best of the industry. CRC outperforms 94.26% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CRC is significantly below the industry average of 21.66%.
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 67.46% 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 69.86% of its industry peers.
In the last couple of years the Operating Margin of CRC has grown nicely.
Looking at the Gross Margin, with a value of 69.78%, CRC is in the better half of the industry, outperforming 78.47% of the companies in the same industry.
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.
CRC has more shares outstanding than it did 1 year ago.
CRC has more shares outstanding than it did 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.
CRC has a Altman-Z score of 2.25. This is in the better half of the industry: CRC outperforms 70.33% of its industry peers.
CRC has a debt to FCF ratio of 2.02. This is a good value and a sign of high solvency as CRC would need 2.02 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 2.02, CRC belongs to the best of the industry, outperforming 83.73% of the companies in the same industry.
A Debt/Equity ratio of 0.26 indicates that CRC is not too dependend on debt financing.
The Debt to Equity ratio of CRC (0.26) is better than 65.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 2.02 | ||
| Altman-Z | 2.25 |
ROIC/WACC1.71
WACC8.73%
2.3 Liquidity
A Current Ratio of 0.78 indicates that CRC may have some problems paying its short term obligations.
CRC has a worse Current ratio (0.78) than 68.42% 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: 68.42% 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
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.
Measured over the past years, CRC shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.50% on average per year.
Looking at the last year, CRC shows a quite strong growth in Revenue. The Revenue has grown by 14.17% in the last year.
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)14.17%
Revenue growth 3Y19.18%
Revenue growth 5Y3.96%
Sales Q2Q%-36.81%
3.2 Future
Based on estimates for the next years, CRC will show a small growth in Earnings Per Share. The EPS will grow by 2.15% on average per year.
CRC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.38% yearly.
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
The Price/Earnings ratio is 10.19, which indicates a very decent valuation of CRC.
Based on the Price/Earnings ratio, CRC is valued a bit cheaper than the industry average as 77.51% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.45. CRC is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 15.75, CRC is valued correctly.
The rest of the industry has a similar Price/Forward Earnings ratio as CRC.
CRC is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.19 | ||
| Fwd PE | 15.75 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CRC is valued cheaply inside the industry as 90.91% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, CRC is valued cheaper than 86.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.76 | ||
| EV/EBITDA | 2.82 |
4.3 Compensation for Growth
The 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%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.91, CRC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, CRC pays a bit more dividend than the S&P500 average.
| 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
21.05% of the earnings are spent on dividend by CRC. This is a low number and sustainable payout ratio.
DP21.05%
EPS Next 2Y-11.63%
EPS Next 3Y0.75%
46.25
+0.13 (+0.28%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners101.22%
Inst Owner Change1.73%
Ins Owners0.75%
Ins Owner Change14.4%
Market Cap3.87B
Revenue(TTM)3.20B
Net Income(TTM)665.00M
Analysts82.35
Price Target67.83 (46.66%)
Short Float %3.63%
Short Ratio2.78
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)-1.55%
PT rev (3m)10.07%
EPS NQ rev (1m)-0.22%
EPS NQ rev (3m)5.43%
EPS NY rev (1m)1.11%
EPS NY rev (3m)2.34%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)-2.51%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.19 | ||
| Fwd PE | 15.75 | ||
| P/S | 0.94 | ||
| P/FCF | 7.76 | ||
| P/OCF | 4.98 | ||
| P/B | 1.14 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | 2.82 |
EPS(TTM)4.54
EY9.82%
EPS(NY)2.94
Fwd EY6.35%
FCF(TTM)5.96
FCFY12.89%
OCF(TTM)9.28
OCFY20.07%
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
WACC8.73%
ROIC/WACC1.71
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%.