CAL-MAINE FOODS INC (CALM)

US1280302027 - Common Stock

58.7  +0.13 (+0.22%)

Fundamental Rating

7

CALM gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 93 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 it does not seem to be growing.



8

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 each of the past 5 years.
In the past 5 years CALM always reported a positive cash flow from operatings.

1.2 Ratios

CALM's Return On Assets of 12.91% is amongst the best of the industry. CALM outperforms 92.39% of its industry peers.
Looking at the Return On Equity, with a value of 15.98%, CALM belongs to the top of the industry, outperforming 83.70% of the companies in the same industry.
With an excellent Return On Invested Capital value of 12.80%, CALM belongs to the best of the industry, outperforming 92.39% of the companies in the same industry.
Industry RankSector 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's Profit Margin of 11.60% is amongst the best of the industry. CALM outperforms 89.13% of its industry peers.
CALM's Profit Margin has improved in the last couple of years.
The Operating Margin of CALM (13.30%) is better than 85.87% of its industry peers.
CALM's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 23.30%, CALM is in line with its industry, outperforming 58.70% of the companies in the same industry.
In the last couple of years the Gross Margin of CALM has grown nicely.
Industry RankSector 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%

9

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.
CALM has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CALM has been increased compared to 5 years ago.
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

An Altman-Z score of 7.47 indicates that CALM is not in any danger for bankruptcy at the moment.
CALM's Altman-Z score of 7.47 is amongst the best of the industry. CALM outperforms 91.30% 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 RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 7.47
ROIC/WACC1.4
WACC9.13%

2.3 Liquidity

CALM has a Current Ratio of 5.65. This indicates that CALM is financially healthy and has no problem in meeting its short term obligations.
CALM has a better Current ratio (5.65) than 96.74% 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.
With an excellent Quick ratio value of 4.40, CALM belongs to the best of the industry, outperforming 96.74% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 5.65
Quick Ratio 4.4

3

3. Growth

3.1 Past

CALM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -67.70%.
The Earnings Per Share has been growing by 39.31% on average over the past years. This is a very strong growth
CALM shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -22.17%.
CALM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.92% yearly.
EPS 1Y (TTM)-67.7%
EPS 3Y247.53%
EPS 5Y39.31%
EPS Q2Q%-64.2%
Revenue 1Y (TTM)-22.17%
Revenue growth 3Y32.53%
Revenue growth 5Y15.92%
Sales Q2Q%-29.52%

3.2 Future

CALM is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -47.60% yearly.
CALM is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -12.90% yearly.
EPS Next Y-69.33%
EPS Next 2Y-61.18%
EPS Next 3Y-47.6%
EPS Next 5YN/A
Revenue Next Year-25.58%
Revenue Next 2Y-19.98%
Revenue Next 3Y-12.9%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.

5

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 11.72, the valuation of CALM can be described as reasonable.
CALM's Price/Earnings ratio is rather cheap when compared to the industry. CALM is cheaper than 85.87% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.24. CALM is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 25.08 indicates a quite expensive valuation of CALM.
The rest of the industry has a similar Price/Forward Earnings ratio as CALM.
CALM is valuated rather expensively when we compare the Price/Forward Earnings ratio to 19.93, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 11.72
Fwd PE 25.08

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, CALM is valued cheaply inside the industry as 92.39% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, CALM is valued a bit cheaper than the industry average as 78.26% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 11.62
EV/EBITDA 4.7

4.3 Compensation for Growth

CALM has an outstanding profitability rating, which may justify a higher PE ratio.
CALM's earnings are expected to decrease with -47.60% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.3
EPS Next 2Y-61.18%
EPS Next 3Y-47.6%

6

5. Dividend

5.1 Amount

CALM has a Yearly Dividend Yield of 6.80%, which is a nice return.
Compared to an average industry Dividend Yield of 3.67, CALM pays a better dividend. On top of this CALM pays more dividend than 97.83% of the companies listed in the same industry.
CALM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
Industry RankSector Rank
Dividend Yield 6.8%

5.2 History

CALM has paid a dividend for at least 10 years, which is a reliable track record.
CALM has decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2

5.3 Sustainability

54.68% of the earnings are spent on dividend by CALM. This is a bit on the high side, but may be sustainable.
DP54.68%
EPS Next 2Y-61.18%
EPS Next 3Y-47.6%

CAL-MAINE FOODS INC

NASDAQ:CALM (6/12/2024, 1:44:48 PM)

58.7

+0.13 (+0.22%)

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 Cap2.88B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 6.8%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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Min EPS beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 11.72
Fwd PE 25.08
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)0.3
Profitability
Industry RankSector 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 RankSector 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)-67.7%
EPS 3Y247.53%
EPS 5Y
EPS Q2Q%
EPS Next Y-69.33%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-22.17%
Revenue growth 3Y32.53%
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