CAL-MAINE FOODS INC (CALM)
US1280302027 - Common Stock
Overall CALM gets a fundamental rating of 6 out of 10. We evaluated CALM against 92 industry peers in the Food Products industry. Both the health and profitability get an excellent rating, making CALM a very profitable company, without any liquidiy or solvency issues. CALM has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
CALM had positive earnings in the past year.
CALM had a positive operating cash flow in the past year.
CALM had positive earnings in 4 of the past 5 years.
Of the past 5 years CALM 4 years had a positive operating cash flow.
1.2 Ratios
CALM has a Return On Assets of 12.91%. This is amongst the best in the industry. CALM outperforms 91.21% of its industry peers.
CALM has a better Return On Equity (15.98%) than 82.42% of its industry peers.
CALM's Return On Invested Capital of 12.80% is amongst the best of the industry. CALM outperforms 91.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.91% | ||
| ROE | 15.98% | ||
| ROIC | 12.8% |
ROA(3y)16.08%
ROA(5y)10.89%
ROE(3y)19.76%
ROE(5y)13.32%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CALM has a better Profit Margin (11.60%) than 87.91% of its industry peers.
In the last couple of years the Profit Margin of CALM has grown nicely.
CALM has a Operating Margin of 13.30%. This is amongst the best in the industry. CALM outperforms 84.62% of its industry peers.
In the last couple of years the Operating Margin of CALM has grown nicely.
Looking at the Gross Margin, with a value of 23.30%, CALM is in line with its industry, outperforming 58.24% of the companies in the same industry.
CALM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.3% | ||
| PM (TTM) | 11.6% | ||
| GM | 23.3% |
OM growth 3Y303.61%
OM growth 5Y20.45%
PM growth 3Y160.6%
PM growth 5Y23.53%
GM growth 3Y41.22%
GM growth 5Y9.63%
2. Health
2.1 Basic Checks
CALM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
There is no outstanding debt for CALM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
CALM has an Altman-Z score of 8.37. This indicates that CALM is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of CALM (8.37) is better than 93.41% of its industry peers.
There is no outstanding debt for CALM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 8.37 |
ROIC/WACC1.44
WACC8.92%
2.3 Liquidity
A Current Ratio of 5.65 indicates that CALM has no problem at all paying its short term obligations.
The Current ratio of CALM (5.65) is better than 96.70% of its industry peers.
CALM has a Quick Ratio of 4.40. This indicates that CALM is financially healthy and has no problem in meeting its short term obligations.
CALM has a better Quick ratio (4.40) than 97.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.65 | ||
| Quick Ratio | 4.4 |
3. Growth
3.1 Past
The earnings per share for CALM have decreased strongly by -67.42% in the last year.
The Earnings Per Share has been growing by 34.26% on average over the past years. This is a very strong growth
EPS 1Y (TTM)-67.42%
EPS 3Y401.99%
EPS 5Y34.26%
EPS Q2Q%2.2%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-6.95%
3.2 Future
The Earnings Per Share is expected to decrease by -33.56% on average over the next years. This is quite bad
The Revenue is expected to decrease by -5.77% on average over the next years.
EPS Next Y-59.68%
EPS Next 2Y-33.56%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-13.78%
Revenue Next 2Y-5.77%
Revenue Next 3YN/A
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.00, CALM is valued correctly.
CALM's Price/Earnings ratio is a bit cheaper when compared to the industry. CALM is cheaper than 76.92% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 24.41. CALM is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 34.72, the valuation of CALM can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CALM is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 20.59. CALM is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14 | ||
| Fwd PE | 34.72 |
4.2 Price Multiples
90.11% of the companies in the same industry are more expensive than CALM, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, CALM is valued a bit cheaper than 75.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.02 | ||
| EV/EBITDA | 6.25 |
4.3 Compensation for Growth
The decent profitability rating of CALM may justify a higher PE ratio.
CALM's earnings are expected to decrease with -33.56% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.41
EPS Next 2Y-33.56%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CALM has a Yearly Dividend Yield of 4.61%, which is a nice return.
CALM's Dividend Yield is rather good when compared to the industry average which is at 3.74. CALM pays more dividend than 89.01% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.30, CALM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.61% |
5.2 History
CALM has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of CALM decreased in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
CALM pays out 54.68% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP54.68%
EPS Next 2Y-33.56%
EPS Next 3YN/A
CAL-MAINE FOODS INC
NASDAQ:CALM (7/26/2024, 7:20:50 PM)
After market: 70.83 0 (0%)70.83
-0.22 (-0.31%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.47B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.61% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
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PT rev (1m)
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EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14 | ||
| Fwd PE | 34.72 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.91% | ||
| ROE | 15.98% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 13.3% | ||
| PM (TTM) | 11.6% | ||
| GM | 23.3% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 5.65 | ||
| Quick Ratio | 4.4 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-67.42%
EPS 3Y401.99%
EPS 5Y
EPS Q2Q%
EPS Next Y-59.68%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y