CAMDEN NATIONAL CORP (CAC) Stock Fundamental Analysis
USA - NASDAQ:CAC - US1330341082 - Common Stock
39.82 USD
+0.02 (+0.05%)
39.82 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to CAC. CAC was compared to 392 industry peers in the Banks industry. Both the profitability and financial health of CAC have multiple concerns. CAC is growing strongly while it is still valued neutral. This is a good combination! CAC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CAC was profitable.
In the past year CAC had a positive cash flow from operations.
Each year in the past 5 years CAC has been profitable.
CAC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CAC has a worse Return On Assets (0.71%) than 60.71% of its industry peers.
CAC has a Return On Equity (7.54%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.71% | ||
| ROE | 7.54% | ||
| ROIC | N/A |
ROA(3y)0.92%
ROA(5y)1.04%
ROE(3y)10.77%
ROE(5y)11.24%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 22.87%, CAC is in line with its industry, outperforming 47.70% of the companies in the same industry.
In the last couple of years the Profit Margin of CAC has declined.
The Operating Margin and Gross Margin are not available for CAC so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 22.87% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-6.62%
PM growth 5Y-2.31%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CAC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CAC has about the same amount of shares outstanding.
CAC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CAC has an improved debt to assets ratio.
2.2 Solvency
CAC has a debt to FCF ratio of 10.49. This is a negative value and a sign of low solvency as CAC would need 10.49 years to pay back of all of its debts.
With a Debt to FCF ratio value of 10.49, CAC is not doing good in the industry: 76.02% of the companies in the same industry are doing better.
CAC has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of CAC (0.46) is worse than 75.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 10.49 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.31%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 28.28% over the past year.
CAC shows a strong growth in Revenue. In the last year, the Revenue has grown by 33.67%.
The Revenue has been growing slightly by 0.84% on average over the past years.
EPS 1Y (TTM)28.28%
EPS 3Y-7.08%
EPS 5Y0%
EPS Q2Q%9.88%
Revenue 1Y (TTM)33.67%
Revenue growth 3Y-1.83%
Revenue growth 5Y0.84%
Sales Q2Q%45.41%
3.2 Future
Based on estimates for the next years, CAC will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.21% on average per year.
Based on estimates for the next years, CAC will show a very strong growth in Revenue. The Revenue will grow by 22.69% on average per year.
EPS Next Y16.53%
EPS Next 2Y18.21%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year42.67%
Revenue Next 2Y22.69%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 10.45, the valuation of CAC can be described as very reasonable.
77.30% of the companies in the same industry are more expensive than CAC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of CAC to the average of the S&P500 Index (27.20), we can say CAC is valued rather cheaply.
CAC is valuated cheaply with a Price/Forward Earnings ratio of 7.72.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CAC indicates a rather cheap valuation: CAC is cheaper than 87.50% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.70. CAC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.45 | ||
| Fwd PE | 7.72 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CAC is valued a bit more expensive than 72.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.43 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
CAC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CAC's earnings are expected to grow with 18.21% in the coming years.
PEG (NY)0.63
PEG (5Y)N/A
EPS Next 2Y18.21%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.13%, CAC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.73, CAC pays a bit more dividend than its industry peers.
CAC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.13% |
5.2 History
The dividend of CAC is nicely growing with an annual growth rate of 6.82%!
CAC has paid a dividend for at least 10 years, which is a reliable track record.
CAC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.82%
Div Incr Years0
Div Non Decr Years16
5.3 Sustainability
CAC pays out 53.90% of its income as dividend. This is a bit on the high side, but may be sustainable.
CAC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP53.9%
EPS Next 2Y18.21%
EPS Next 3YN/A
39.82
+0.02 (+0.05%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners73.6%
Inst Owner Change0.53%
Ins Owners1.89%
Ins Owner Change4.97%
Market Cap673.75M
Analysts77.5
Price Target46.41 (16.55%)
Short Float %2.82%
Short Ratio6.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.13% |
Yearly Dividend1.69
Dividend Growth(5Y)6.82%
DP53.9%
Div Incr Years0
Div Non Decr Years16
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-12.53%
Min EPS beat(2)-20.51%
Max EPS beat(2)-4.56%
EPS beat(4)2
Avg EPS beat(4)0.66%
Min EPS beat(4)-20.51%
Max EPS beat(4)15.23%
EPS beat(8)4
Avg EPS beat(8)0.71%
EPS beat(12)5
Avg EPS beat(12)-0.64%
EPS beat(16)7
Avg EPS beat(16)-0.25%
Revenue beat(2)2
Avg Revenue beat(2)1.83%
Min Revenue beat(2)0.76%
Max Revenue beat(2)2.91%
Revenue beat(4)4
Avg Revenue beat(4)2.31%
Min Revenue beat(4)0.76%
Max Revenue beat(4)4.13%
Revenue beat(8)6
Avg Revenue beat(8)6.43%
Revenue beat(12)7
Avg Revenue beat(12)3.44%
Revenue beat(16)10
Avg Revenue beat(16)2.9%
PT rev (1m)-2.67%
PT rev (3m)-5.7%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.36%
EPS NY rev (1m)-4.72%
EPS NY rev (3m)-4.72%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.69%
Revenue NY rev (1m)0.9%
Revenue NY rev (3m)0.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.45 | ||
| Fwd PE | 7.72 | ||
| P/S | 3.14 | ||
| P/FCF | 23.43 | ||
| P/OCF | 18.85 | ||
| P/B | 1.03 | ||
| P/tB | 1.48 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.81
EY9.57%
EPS(NY)5.16
Fwd EY12.95%
FCF(TTM)1.7
FCFY4.27%
OCF(TTM)2.11
OCFY5.31%
SpS12.7
BVpS38.54
TBVpS26.9
PEG (NY)0.63
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.71% | ||
| ROE | 7.54% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 22.87% | ||
| GM | N/A | ||
| FCFM | 13.38% |
ROA(3y)0.92%
ROA(5y)1.04%
ROE(3y)10.77%
ROE(5y)11.24%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-6.62%
PM growth 5Y-2.31%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 10.49 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 90.45% | ||
| Cap/Sales | 3.25% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 58.52% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC13.31%
ROIC/WACCN/A
Cap/Depr(3y)88.02%
Cap/Depr(5y)74.34%
Cap/Sales(3y)1.97%
Cap/Sales(5y)1.7%
Profit Quality(3y)140.75%
Profit Quality(5y)130.54%
High Growth Momentum
Growth
EPS 1Y (TTM)28.28%
EPS 3Y-7.08%
EPS 5Y0%
EPS Q2Q%9.88%
EPS Next Y16.53%
EPS Next 2Y18.21%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)33.67%
Revenue growth 3Y-1.83%
Revenue growth 5Y0.84%
Sales Q2Q%45.41%
Revenue Next Year42.67%
Revenue Next 2Y22.69%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-55.89%
FCF growth 3Y-26.74%
FCF growth 5Y14.12%
OCF growth 1Y-46.96%
OCF growth 3Y-24.7%
OCF growth 5Y13.12%