CAL-MAINE FOODS INC (CALM) Fundamental Analysis & Valuation
NASDAQ:CALM • US1280302027
89.14 USD
+0.96 (+1.09%)
At close: Mar 12, 2026
88.87 USD
-0.27 (-0.3%)
After Hours: 3/12/2026, 8:26:34 PM
This CALM fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
CALM gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 88 industry peers in the Food Products industry. CALM scores excellent points on both the profitability and health parts. This is a solid base for a good stock. CALM has a decent growth rate and is not valued too expensively. With these ratings, CALM could be worth investigating further for quality investing!.
1. CALM Profitability Analysis
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.
- Each year in the past 5 years CALM had a positive operating cash flow.
1.2 Ratios
- With an excellent Return On Assets value of 36.68%, CALM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- CALM has a Return On Equity of 42.84%. This is amongst the best in the industry. CALM outperforms 100.00% of its industry peers.
- CALM's Return On Invested Capital of 37.57% is amongst the best of the industry. CALM outperforms 100.00% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for CALM is significantly above the industry average of 7.13%.
- The last Return On Invested Capital (37.57%) for CALM is above the 3 year average (31.96%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 36.68% | ||
| ROE | 42.84% | ||
| ROIC | 37.57% |
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
- With an excellent Profit Margin value of 27.37%, CALM belongs to the best of the industry, outperforming 98.86% of the companies in the same industry.
- CALM's Profit Margin has improved in the last couple of years.
- CALM has a Operating Margin of 34.15%. This is amongst the best in the industry. CALM outperforms 100.00% 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 41.92%, CALM belongs to the top of the industry, outperforming 96.59% of the companies in the same industry.
- CALM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.15% | ||
| PM (TTM) | 27.37% | ||
| GM | 41.92% |
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. CALM Health Analysis
2.1 Basic Checks
- CALM has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- The number of shares outstanding for CALM has been reduced compared to 1 year ago.
- The number of shares outstanding for CALM has been reduced 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
- CALM has an Altman-Z score of 10.30. This indicates that CALM is financially healthy and has little risk of bankruptcy at the moment.
- With an excellent Altman-Z score value of 10.30, CALM belongs to the best of the industry, outperforming 96.59% of the companies in the same industry.
- CALM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 10.3 |
ROIC/WACC4.25
WACC8.85%
2.3 Liquidity
- CALM has a Current Ratio of 8.02. This indicates that CALM is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 8.02, CALM belongs to the top of the industry, outperforming 97.73% of the companies in the same industry.
- A Quick Ratio of 6.46 indicates that CALM has no problem at all paying its short term obligations.
- CALM has a better Quick ratio (6.46) than 97.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.02 | ||
| Quick Ratio | 6.46 |
3. CALM Growth Analysis
3.1 Past
- CALM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 93.70%, which is quite impressive.
- The Earnings Per Share has been growing by 132.15% on average over the past years. This is a very strong growth
- CALM shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.60%.
- CALM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 25.82% yearly.
EPS 1Y (TTM)93.7%
EPS 3Y109.59%
EPS 5Y132.15%
EPS Q2Q%-52.35%
Revenue 1Y (TTM)36.6%
Revenue growth 3Y33.85%
Revenue growth 5Y25.82%
Sales Q2Q%-19.4%
3.2 Future
- Based on estimates for the next years, CALM will show a very negative growth in Earnings Per Share. The EPS will decrease by -37.32% on average per year.
- The Revenue is expected to decrease by -8.27% on average over the next years.
EPS Next Y-66.8%
EPS Next 2Y-57.19%
EPS Next 3Y-37.32%
EPS Next 5YN/A
Revenue Next Year-26.26%
Revenue Next 2Y-18.67%
Revenue Next 3Y-8.27%
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. CALM Valuation Analysis
4.1 Price/Earnings Ratio
- CALM is valuated cheaply with a Price/Earnings ratio of 3.77.
- Based on the Price/Earnings ratio, CALM is valued cheaper than 97.73% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 25.71, CALM is valued rather cheaply.
- CALM is valuated rather expensively with a Price/Forward Earnings ratio of 19.50.
- The rest of the industry has a similar Price/Forward Earnings ratio as CALM.
- The average S&P500 Price/Forward Earnings ratio is at 23.82. CALM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.77 | ||
| Fwd PE | 19.5 |
4.2 Price Multiples
- CALM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CALM is cheaper than 98.86% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of CALM indicates a rather cheap valuation: CALM is cheaper than 98.86% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.63 | ||
| EV/EBITDA | 1.51 |
4.3 Compensation for Growth
- The excellent profitability rating of CALM may justify a higher PE ratio.
- CALM's earnings are expected to decrease with -37.32% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.03
EPS Next 2Y-57.19%
EPS Next 3Y-37.32%
5. CALM Dividend Analysis
5.1 Amount
- CALM has a Yearly Dividend Yield of 3.24%. Purely for dividend investing, there may be better candidates out there.
- CALM's Dividend Yield is a higher than the industry average which is at 2.30.
- CALM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.24% |
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
- 36.69% of the earnings are spent on dividend by CALM. This is a low number and sustainable payout ratio.
DP36.69%
EPS Next 2Y-57.19%
EPS Next 3Y-37.32%
CALM Fundamentals: All Metrics, Ratios and Statistics
89.14
+0.96 (+1.09%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)01-07 2026-01-07/bmo
Earnings (Next)03-31 2026-03-31
Inst Owners90.11%
Inst Owner Change-2.41%
Ins Owners6.08%
Ins Owner Change0.47%
Market Cap4.25B
Revenue(TTM)4.21B
Net Income(TTM)1.15B
Analysts74.55
Price Target88.83 (-0.35%)
Short Float %12.97%
Short Ratio4.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.24% |
Yearly Dividend6.77
Dividend Growth(5Y)N/A
DP36.69%
Div Incr Years1
Div Non Decr Years1
Ex-Date01-28 2026-01-28 (0.723)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.48%
Min EPS beat(2)-20.75%
Max EPS beat(2)7.78%
EPS beat(4)2
Avg EPS beat(4)-0.35%
Min EPS beat(4)-20.75%
Max EPS beat(4)18.25%
EPS beat(8)5
Avg EPS beat(8)7.94%
EPS beat(12)7
Avg EPS beat(12)-5.57%
EPS beat(16)8
Avg EPS beat(16)-3.68%
Revenue beat(2)0
Avg Revenue beat(2)-7.26%
Min Revenue beat(2)-8.71%
Max Revenue beat(2)-5.81%
Revenue beat(4)1
Avg Revenue beat(4)-0.58%
Min Revenue beat(4)-8.71%
Max Revenue beat(4)14.91%
Revenue beat(8)4
Avg Revenue beat(8)6.29%
Revenue beat(12)6
Avg Revenue beat(12)5.29%
Revenue beat(16)8
Avg Revenue beat(16)4.21%
PT rev (1m)0%
PT rev (3m)-12.91%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-54.4%
EPS NY rev (1m)0%
EPS NY rev (3m)-20.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-23.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-11.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.77 | ||
| Fwd PE | 19.5 | ||
| P/S | 1.01 | ||
| P/FCF | 3.63 | ||
| P/OCF | 3.13 | ||
| P/B | 1.58 | ||
| P/tB | 1.67 | ||
| EV/EBITDA | 1.51 |
EPS(TTM)23.67
EY26.55%
EPS(NY)4.57
Fwd EY5.13%
FCF(TTM)24.56
FCFY27.55%
OCF(TTM)28.5
OCFY31.97%
SpS88.42
BVpS56.48
TBVpS53.5
PEG (NY)N/A
PEG (5Y)0.03
Graham Number173.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 36.68% | ||
| ROE | 42.84% | ||
| ROCE | 49.19% | ||
| ROIC | 37.57% | ||
| ROICexc | 61.53% | ||
| ROICexgc | 66.85% | ||
| OM | 34.15% | ||
| PM (TTM) | 27.37% | ||
| GM | 41.92% | ||
| FCFM | 27.77% |
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
ROICexgc growth 3Y101.46%
ROICexgc 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 Turnover1.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 173.94% | ||
| Cap/Sales | 4.46% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.78% | ||
| Profit Quality | 101.48% | ||
| Current Ratio | 8.02 | ||
| Quick Ratio | 6.46 | ||
| Altman-Z | 10.3 |
F-Score9
WACC8.85%
ROIC/WACC4.25
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)93.7%
EPS 3Y109.59%
EPS 5Y132.15%
EPS Q2Q%-52.35%
EPS Next Y-66.8%
EPS Next 2Y-57.19%
EPS Next 3Y-37.32%
EPS Next 5YN/A
Revenue 1Y (TTM)36.6%
Revenue growth 3Y33.85%
Revenue growth 5Y25.82%
Sales Q2Q%-19.4%
Revenue Next Year-26.26%
Revenue Next 2Y-18.67%
Revenue Next 3Y-8.27%
Revenue Next 5YN/A
EBIT growth 1Y93.22%
EBIT growth 3Y120.66%
EBIT growth 5Y200.22%
EBIT Next Year-59.82%
EBIT Next 3Y-33.53%
EBIT Next 5YN/A
FCF growth 1Y160.51%
FCF growth 3Y170.39%
FCF growth 5YN/A
OCF growth 1Y129.44%
OCF growth 3Y113.3%
OCF growth 5Y75.48%
CAL-MAINE FOODS INC / CALM FAQ
Can you provide the ChartMill fundamental rating for CAL-MAINE FOODS INC?
ChartMill assigns a fundamental rating of 8 / 10 to CALM.
Can you provide the valuation status for CAL-MAINE FOODS INC?
ChartMill assigns a valuation rating of 6 / 10 to CAL-MAINE FOODS INC (CALM). This can be considered as Fairly Valued.
Can you provide the profitability details for CAL-MAINE FOODS INC?
CAL-MAINE FOODS INC (CALM) has a profitability rating of 10 / 10.
Can you provide the expected EPS growth for CALM stock?
The Earnings per Share (EPS) of CAL-MAINE FOODS INC (CALM) is expected to decline by -66.8% in the next year.
Can you provide the dividend sustainability for CALM stock?
The dividend rating of CAL-MAINE FOODS INC (CALM) is 5 / 10 and the dividend payout ratio is 36.69%.