CAL-MAINE FOODS INC (CALM) Stock Fundamental Analysis
USA - NASDAQ:CALM - US1280302027 - Common Stock
93.26 USD
+1.23 (+1.34%)
93.5 USD
+0.24 (+0.26%)
Taking everything into account, CALM scores 8 out of 10 in our fundamental rating. CALM was compared to 87 industry peers in the Food Products industry. CALM has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. A decent growth rate in combination with a cheap valuation! Better keep an eye on CALM. These ratings could make CALM a good candidate for value and quality investing.
1. Profitability
1.1 Basic Checks
CALM had positive earnings in the past year.
In the past year CALM had a positive cash flow from operations.
Each year in the past 5 years CALM has been profitable.
CALM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 39.71%, CALM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
CALM's Return On Equity of 47.07% is amongst the best of the industry. CALM outperforms 100.00% of its industry peers.
CALM has a Return On Invested Capital of 41.57%. This is amongst the best in the industry. CALM outperforms 98.85% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CALM is above the industry average of 28.34%.
The 3 year average ROIC (31.96%) for CALM is below the current ROIC(41.57%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 39.71% | ||
| ROE | 47.07% | ||
| ROIC | 41.57% |
ROA(3y)30.35%
ROA(5y)20.1%
ROE(3y)36.71%
ROE(5y)24.47%
ROIC(3y)31.96%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 28.86%, CALM belongs to the top of the industry, outperforming 98.85% of the companies in the same industry.
CALM's Profit Margin has improved in the last couple of years.
The Operating Margin of CALM (36.21%) is better than 98.85% 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 43.54%, CALM belongs to the top of the industry, outperforming 97.70% of the companies in the same industry.
CALM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.21% | ||
| PM (TTM) | 28.86% | ||
| GM | 43.54% |
OM growth 3Y64.86%
OM growth 5Y138.61%
PM growth 3Y56.51%
PM growth 5Y83.89%
GM growth 3Y31.21%
GM growth 5Y26.32%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CALM is creating value.
Compared to 1 year ago, CALM has less shares outstanding
CALM has less shares outstanding than it did 5 years ago.
CALM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
CALM has an Altman-Z score of 10.15. This indicates that CALM is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 10.15, CALM belongs to the top of the industry, outperforming 94.25% of the companies in the same industry.
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 | 10.15 |
ROIC/WACC4.78
WACC8.69%
2.3 Liquidity
CALM has a Current Ratio of 6.84. This indicates that CALM is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 6.84, CALM belongs to the best of the industry, outperforming 96.55% of the companies in the same industry.
CALM has a Quick Ratio of 5.62. This indicates that CALM is financially healthy and has no problem in meeting its short term obligations.
CALM's Quick ratio of 5.62 is amongst the best of the industry. CALM outperforms 96.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.84 | ||
| Quick Ratio | 5.62 |
3. Growth
3.1 Past
CALM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 221.11%, which is quite impressive.
Measured over the past years, CALM shows a very strong growth in Earnings Per Share. The EPS has been growing by 132.15% on average per year.
CALM shows a strong growth in Revenue. In the last year, the Revenue has grown by 65.80%.
Measured over the past years, CALM shows a very strong growth in Revenue. The Revenue has been growing by 25.82% on average per year.
EPS 1Y (TTM)221.11%
EPS 3Y109.59%
EPS 5Y132.15%
EPS Q2Q%34.64%
Revenue 1Y (TTM)65.8%
Revenue growth 3Y33.85%
Revenue growth 5Y25.82%
Sales Q2Q%17.4%
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 -31.80% yearly.
Based on estimates for the next years, CALM will show a decrease in Revenue. The Revenue will decrease by -4.92% on average per year.
EPS Next Y-35.12%
EPS Next 2Y-44.63%
EPS Next 3Y-31.8%
EPS Next 5YN/A
Revenue Next Year-18.91%
Revenue Next 2Y-14.54%
Revenue Next 3Y-4.92%
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.
The Revenue 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
A Price/Earnings ratio of 3.59 indicates a rather cheap valuation of CALM.
CALM's Price/Earnings ratio is rather cheap when compared to the industry. CALM is cheaper than 96.55% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.50. CALM is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 12.19, which indicates a correct valuation of CALM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CALM indicates a rather cheap valuation: CALM is cheaper than 80.46% of the companies listed in the same industry.
CALM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.59 | ||
| Fwd PE | 12.19 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CALM indicates a rather cheap valuation: CALM is cheaper than 96.55% of the companies listed in the same industry.
94.25% of the companies in the same industry are more expensive than CALM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.72 | ||
| EV/EBITDA | 1.3 |
4.3 Compensation for Growth
The excellent profitability rating of CALM may justify a higher PE ratio.
A cheap valuation may be justified as CALM's earnings are expected to decrease with -31.80% in the coming years.
PEG (NY)N/A
PEG (5Y)0.03
EPS Next 2Y-44.63%
EPS Next 3Y-31.8%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.99%, CALM is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.05, CALM pays a better dividend. On top of this CALM pays more dividend than 87.36% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, CALM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.99% |
5.2 History
CALM has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of CALM decreased recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
32.04% of the earnings are spent on dividend by CALM. This is a low number and sustainable payout ratio.
DP32.04%
EPS Next 2Y-44.63%
EPS Next 3Y-31.8%
93.26
+1.23 (+1.34%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners94.36%
Inst Owner Change0.54%
Ins Owners5.95%
Ins Owner Change-2.68%
Market Cap4.52B
Analysts76
Price Target109.14 (17.03%)
Short Float %11.25%
Short Ratio5.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.99% |
Yearly Dividend6.77
Dividend Growth(5Y)N/A
DP32.04%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.25%
Min EPS beat(2)-20.75%
Max EPS beat(2)18.25%
EPS beat(4)2
Avg EPS beat(4)2.48%
Min EPS beat(4)-20.75%
Max EPS beat(4)19.09%
EPS beat(8)4
Avg EPS beat(8)-0.34%
EPS beat(12)6
Avg EPS beat(12)-6.71%
EPS beat(16)7
Avg EPS beat(16)-9.88%
Revenue beat(2)1
Avg Revenue beat(2)4.55%
Min Revenue beat(2)-5.81%
Max Revenue beat(2)14.91%
Revenue beat(4)2
Avg Revenue beat(4)7.74%
Min Revenue beat(4)-5.81%
Max Revenue beat(4)24.55%
Revenue beat(8)4
Avg Revenue beat(8)7.09%
Revenue beat(12)6
Avg Revenue beat(12)5.89%
Revenue beat(16)8
Avg Revenue beat(16)4.66%
PT rev (1m)-2.28%
PT rev (3m)5.25%
EPS NQ rev (1m)-6.25%
EPS NQ rev (3m)90.45%
EPS NY rev (1m)0%
EPS NY rev (3m)87.66%
Revenue NQ rev (1m)-3.35%
Revenue NQ rev (3m)31.75%
Revenue NY rev (1m)-12.58%
Revenue NY rev (3m)18.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.59 | ||
| Fwd PE | 12.19 | ||
| P/S | 1.03 | ||
| P/FCF | 3.72 | ||
| P/OCF | 3.26 | ||
| P/B | 1.68 | ||
| P/tB | 1.76 | ||
| EV/EBITDA | 1.3 |
EPS(TTM)26.01
EY27.89%
EPS(NY)7.65
Fwd EY8.2%
FCF(TTM)25.05
FCFY26.86%
OCF(TTM)28.58
OCFY30.64%
SpS90.69
BVpS55.6
TBVpS53
PEG (NY)N/A
PEG (5Y)0.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 39.71% | ||
| ROE | 47.07% | ||
| ROCE | 54.43% | ||
| ROIC | 41.57% | ||
| ROICexc | 72.71% | ||
| ROICexgc | 78.65% | ||
| OM | 36.21% | ||
| PM (TTM) | 28.86% | ||
| GM | 43.54% | ||
| FCFM | 27.62% |
ROA(3y)30.35%
ROA(5y)20.1%
ROE(3y)36.71%
ROE(5y)24.47%
ROIC(3y)31.96%
ROIC(5y)N/A
ROICexc(3y)56.96%
ROICexc(5y)N/A
ROICexgc(3y)59.91%
ROICexgc(5y)N/A
ROCE(3y)41.84%
ROCE(5y)N/A
ROICexcg growth 3Y101.46%
ROICexcg growth 5Y173.05%
ROICexc growth 3Y102.41%
ROICexc growth 5Y174.29%
OM growth 3Y64.86%
OM growth 5Y138.61%
PM growth 3Y56.51%
PM growth 5Y83.89%
GM growth 3Y31.21%
GM growth 5Y26.32%
F-Score9
Asset Turnover1.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 168.04% | ||
| Cap/Sales | 3.88% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 81.78% | ||
| Profit Quality | 95.72% | ||
| Current Ratio | 6.84 | ||
| Quick Ratio | 5.62 | ||
| Altman-Z | 10.15 |
F-Score9
WACC8.69%
ROIC/WACC4.78
Cap/Depr(3y)181.35%
Cap/Depr(5y)161.95%
Cap/Sales(3y)4.82%
Cap/Sales(5y)5.11%
Profit Quality(3y)97.5%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)221.11%
EPS 3Y109.59%
EPS 5Y132.15%
EPS Q2Q%34.64%
EPS Next Y-35.12%
EPS Next 2Y-44.63%
EPS Next 3Y-31.8%
EPS Next 5YN/A
Revenue 1Y (TTM)65.8%
Revenue growth 3Y33.85%
Revenue growth 5Y25.82%
Sales Q2Q%17.4%
Revenue Next Year-18.91%
Revenue Next 2Y-14.54%
Revenue Next 3Y-4.92%
Revenue Next 5YN/A
EBIT growth 1Y218.24%
EBIT growth 3Y120.66%
EBIT growth 5Y200.22%
EBIT Next Year-26.44%
EBIT Next 3Y-30.79%
EBIT Next 5YN/A
FCF growth 1Y110.12%
FCF growth 3Y170.39%
FCF growth 5YN/A
OCF growth 1Y94.13%
OCF growth 3Y113.3%
OCF growth 5Y75.48%