CALIFORNIA RESOURCES CORP (CRC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CRC - US13057Q3056 - Common Stock
45.49 USD
+0.85 (+1.9%)
45.49 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. 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.
CRC had a positive operating cash flow in the past year.
In the past 5 years CRC has always been profitable.
Each year in the past 5 years CRC had a positive operating cash flow.
1.2 Ratios
CRC's Return On Assets of 5.69% is fine compared to the rest of the industry. CRC outperforms 69.23% of its industry peers.
CRC's Return On Equity of 11.15% is fine compared to the rest of the industry. CRC outperforms 67.31% of its industry peers.
CRC's Return On Invested Capital of 9.14% is fine compared to the rest 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 21.00%.
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.
Looking at the Operating Margin, with a value of 19.85%, CRC is in line with its industry, outperforming 55.77% of the companies in the same industry.
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 72.60% 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
CRC has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, CRC has more shares outstanding
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 1.91. 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's Altman-Z score of 1.91 is fine compared to the rest of the industry. CRC outperforms 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.
With an excellent Debt to FCF ratio value of 1.85, CRC belongs to the best of the industry, outperforming 83.65% of the companies in the same industry.
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 65.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 1.85 | ||
| Altman-Z | 1.91 |
ROIC/WACC1.04
WACC8.75%
2.3 Liquidity
CRC has a Current Ratio of 0.89. This is a bad value and indicates that CRC is not financially healthy enough and could expect problems in meeting its short term obligations.
CRC has a Current ratio of 0.89. This is in the lower half of the industry: CRC underperforms 61.54% of its industry peers.
CRC has a Quick Ratio of 0.89. 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 Quick ratio of CRC (0.78) is worse than 61.06% of its industry peers.
| 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
The Revenue has grown by 18.87% in the past year. This is quite good.
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
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 7.57% 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
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
CRC is valuated reasonably with a Price/Earnings ratio of 10.02.
CRC's Price/Earnings ratio is a bit cheaper when compared to the industry. CRC is cheaper than 78.37% of the companies in the same industry.
When comparing the Price/Earnings ratio of CRC to the average of the S&P500 Index (26.22), we can say CRC is valued rather cheaply.
CRC is valuated correctly with a Price/Forward Earnings ratio of 16.96.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CRC is on the same level as its industry peers.
CRC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.58, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.02 | ||
| Fwd PE | 16.96 |
4.2 Price Multiples
CRC's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CRC is cheaper than 85.58% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CRC is valued cheaply inside the industry as 88.94% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.47 | ||
| EV/EBITDA | 3.5 |
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.
CRC has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.89
PEG (5Y)0.47
EPS Next 2Y-15.54%
EPS Next 3Y3.5%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.44%, CRC has a reasonable but not impressive dividend return.
CRC's Dividend Yield is comparable with the industry average which is at 3.83.
Compared to an average S&P500 Dividend Yield of 1.87, CRC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.44% |
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%
45.49
+0.85 (+1.9%)
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 Cap3.53B
Revenue(TTM)3.62B
Net Income(TTM)384.00M
Analysts82.35
Price Target67.08 (47.46%)
Short Float %4.95%
Short Ratio4.14
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.44% |
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)7.52%
EPS NQ rev (1m)2.02%
EPS NQ rev (3m)-17.08%
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 | 10.02 | ||
| Fwd PE | 16.96 | ||
| P/S | 0.97 | ||
| P/FCF | 6.47 | ||
| P/OCF | 4.22 | ||
| P/B | 1.03 | ||
| P/tB | 1.03 | ||
| EV/EBITDA | 3.5 |
EPS(TTM)4.54
EY9.98%
EPS(NY)2.68
Fwd EY5.9%
FCF(TTM)7.04
FCFY15.47%
OCF(TTM)10.77
OCFY23.68%
SpS46.67
BVpS44.36
TBVpS44.36
PEG (NY)0.89
PEG (5Y)0.47
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 | 1.91 |
F-Score6
WACC8.75%
ROIC/WACC1.04
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 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 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 5 / 10 and the dividend payout ratio is 35.94%.