CAMDEN NATIONAL CORP (CAC) Stock Fundamental Analysis
NASDAQ:CAC - US1330341082 - Common Stock
40.725 USD
+2.02 (+5.21%)
40.725 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to CAC. CAC was compared to 393 industry peers in the Banks industry. CAC has a bad profitability rating. Also its financial health evaluation is rather negative. 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.
In the past 5 years CAC has always been profitable.
Each year in the past 5 years CAC had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.68%, CAC is not doing good in the industry: 62.34% of the companies in the same industry are doing better.
CAC's Return On Equity of 7.35% is in line compared to the rest of the industry. CAC outperforms 43.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.68% | ||
| ROE | 7.35% | ||
| 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 24.08%, CAC is in line with its industry, outperforming 53.44% of the companies in the same industry.
CAC's Profit Margin has declined in the last couple of years.
CAC does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 24.08% | ||
| 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.
Compared to 5 years ago, CAC has less shares outstanding
Compared to 1 year ago, CAC has an improved debt to assets ratio.
2.2 Solvency
CAC has a debt to FCF ratio of 8.12. This is a slightly negative value and a sign of low solvency as CAC would need 8.12 years to pay back of all of its debts.
CAC has a Debt to FCF ratio of 8.12. This is in the lower half of the industry: CAC underperforms 75.32% of its industry peers.
CAC has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
CAC has a worse Debt to Equity ratio (0.47) than 76.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 8.12 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.24%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CAC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.28%, which is quite impressive.
Looking at the last year, CAC shows a very strong growth in Revenue. 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
The Earnings Per Share is expected to grow by 17.96% on average over the next years. This is quite good.
CAC is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.01% yearly.
EPS Next Y22.31%
EPS Next 2Y17.96%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year41.39%
Revenue Next 2Y22.01%
Revenue Next 3YN/A
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 accelerating.
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 10.69, the valuation of CAC can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of CAC indicates a somewhat cheap valuation: CAC is cheaper than 78.12% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CAC to the average of the S&P500 Index (27.24), we can say CAC is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.93, the valuation of CAC can be described as very cheap.
85.75% of the companies in the same industry are more expensive than CAC, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of CAC to the average of the S&P500 Index (35.82), we can say CAC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.69 | ||
| Fwd PE | 7.93 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CAC indicates a slightly more expensive valuation: CAC is more expensive than 66.41% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.42 | ||
| 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.
CAC's earnings are expected to grow with 17.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.48
PEG (5Y)N/A
EPS Next 2Y17.96%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CAC has a Yearly Dividend Yield of 4.26%, which is a nice return.
CAC's Dividend Yield is a higher than the industry average which is at 3.41.
Compared to an average S&P500 Dividend Yield of 2.36, CAC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
5.2 History
The dividend of CAC is nicely growing with an annual growth rate of 6.82%!
CAC has been paying a dividend for at least 10 years, so it has a reliable track record.
CAC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)6.82%
Div Incr Years0
Div Non Decr Years16
5.3 Sustainability
CAC pays out 54.23% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of CAC is growing, but earnings are growing more, so the dividend growth is sustainable.
DP54.23%
EPS Next 2Y17.96%
EPS Next 3YN/A
40.725
+2.02 (+5.21%)
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 Change5.78%
Market Cap689.07M
Analysts72.5
Price Target47.69 (17.1%)
Short Float %2.61%
Short Ratio6.14
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
Yearly Dividend1.69
Dividend Growth(5Y)6.82%
DP54.23%
Div Incr Years0
Div Non Decr Years16
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.34%
Min EPS beat(2)-4.56%
Max EPS beat(2)15.23%
EPS beat(4)3
Avg EPS beat(4)9.18%
Min EPS beat(4)-4.56%
Max EPS beat(4)15.23%
EPS beat(8)5
Avg EPS beat(8)3.84%
EPS beat(12)5
Avg EPS beat(12)0.65%
EPS beat(16)8
Avg EPS beat(16)1.34%
Revenue beat(2)2
Avg Revenue beat(2)3.52%
Min Revenue beat(2)2.91%
Max Revenue beat(2)4.13%
Revenue beat(4)4
Avg Revenue beat(4)2.54%
Min Revenue beat(4)1.45%
Max Revenue beat(4)4.13%
Revenue beat(8)6
Avg Revenue beat(8)6.38%
Revenue beat(12)7
Avg Revenue beat(12)3.44%
Revenue beat(16)9
Avg Revenue beat(16)2.54%
PT rev (1m)-3.11%
PT rev (3m)-6.5%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.25%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.69 | ||
| Fwd PE | 7.93 | ||
| P/S | 3.53 | ||
| P/FCF | 18.42 | ||
| P/OCF | 15.59 | ||
| P/B | 1.08 | ||
| P/tB | 1.57 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.81
EY9.36%
EPS(NY)5.13
Fwd EY12.61%
FCF(TTM)2.21
FCFY5.43%
OCF(TTM)2.61
OCFY6.42%
SpS11.55
BVpS37.83
TBVpS25.96
PEG (NY)0.48
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.68% | ||
| ROE | 7.35% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 24.08% | ||
| GM | N/A | ||
| FCFM | 19.14% |
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 | 0.47 | ||
| Debt/FCF | 8.12 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 115.18% | ||
| Cap/Sales | 3.48% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 79.51% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC13.24%
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 Y22.31%
EPS Next 2Y17.96%
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 Year41.39%
Revenue Next 2Y22.01%
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-49.84%
FCF growth 3Y-26.74%
FCF growth 5Y14.12%
OCF growth 1Y-42.51%
OCF growth 3Y-24.7%
OCF growth 5Y13.12%