CAL-MAINE FOODS INC (CALM) Stock Fundamental Analysis
NASDAQ:CALM - US1280302027 - Common Stock
115.4 USD
-1.4 (-1.2%)
115.4 USD
0 (0%)
Overall CALM gets a fundamental rating of 8 out of 10. We evaluated CALM against 90 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 may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make CALM suitable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year CALM was profitable.
In the past year CALM had a positive cash flow from operations.
Each year in the past 5 years CALM has been profitable.
In the past 5 years CALM always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 39.55%, CALM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
CALM's Return On Equity of 47.65% is amongst the best of the industry. CALM outperforms 100.00% of its industry peers.
CALM has a better Return On Invested Capital (42.26%) than 98.89% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CALM is above the industry average of 27.81%.
The last Return On Invested Capital (42.26%) for CALM is above the 3 year average (31.96%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 39.55% | ||
| ROE | 47.65% | ||
| ROIC | 42.26% |
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
CALM has a better Profit Margin (28.63%) than 97.78% of its industry peers.
CALM's Profit Margin has improved in the last couple of years.
CALM has a better Operating Margin (36.05%) than 98.89% of its industry peers.
In the last couple of years the Operating Margin of CALM has grown nicely.
The Gross Margin of CALM (43.43%) is better than 97.78% of its industry peers.
In the last couple of years the Gross Margin of CALM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.05% | ||
| PM (TTM) | 28.63% | ||
| GM | 43.43% |
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so CALM is creating value.
The number of shares outstanding for CALM has been reduced compared to 1 year ago.
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 11.32. This indicates that CALM is financially healthy and has little risk of bankruptcy at the moment.
CALM's Altman-Z score of 11.32 is amongst the best of the industry. CALM outperforms 94.44% 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 | 11.32 |
ROIC/WACC4.76
WACC8.88%
2.3 Liquidity
A Current Ratio of 6.38 indicates that CALM has no problem at all paying its short term obligations.
With an excellent Current ratio value of 6.38, CALM belongs to the best of the industry, outperforming 95.56% of the companies in the same industry.
CALM has a Quick Ratio of 5.42. This indicates that CALM is financially healthy and has no problem in meeting its short term obligations.
CALM has a better Quick ratio (5.42) than 95.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.38 | ||
| Quick Ratio | 5.42 |
3. Growth
3.1 Past
CALM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 393.08%, 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.
The Revenue has grown by 83.20% in the past year. This is a very strong growth!
CALM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 25.82% yearly.
EPS 1Y (TTM)393.08%
EPS 3Y109.59%
EPS 5Y132.15%
EPS Q2Q%203.45%
Revenue 1Y (TTM)83.2%
Revenue growth 3Y33.85%
Revenue growth 5Y25.82%
Sales Q2Q%72.23%
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 -31.80% on average per year.
The Revenue is expected to decrease by -6.14% on average over the next years.
EPS Next Y-35.12%
EPS Next 2Y-44.63%
EPS Next 3Y-31.8%
EPS Next 5YN/A
Revenue Next Year-7.25%
Revenue Next 2Y-11.25%
Revenue Next 3Y-6.14%
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.
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
Based on the Price/Earnings ratio of 4.63, the valuation of CALM can be described as very cheap.
95.56% of the companies in the same industry are more expensive than CALM, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of CALM to the average of the S&P500 Index (27.17), we can say CALM is valued rather cheaply.
A Price/Forward Earnings ratio of 7.13 indicates a rather cheap valuation of CALM.
CALM's Price/Forward Earnings ratio is rather cheap when compared to the industry. CALM is cheaper than 98.89% of the companies in the same industry.
CALM is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.63 | ||
| Fwd PE | 7.13 |
4.2 Price Multiples
96.67% of the companies in the same industry are more expensive than CALM, based on the Enterprise Value to EBITDA ratio.
CALM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CALM is cheaper than 93.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.26 | ||
| EV/EBITDA | 2.07 |
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 -31.80% in the coming years. This may justify a cheaper valuation.
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 8.31%, CALM is a good candidate for dividend investing.
CALM's Dividend Yield is rather good when compared to the industry average which is at 4.61. CALM pays more dividend than 96.67% of the companies in the same industry.
CALM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.31% |
5.2 History
CALM has been paying a dividend for at least 10 years, so it has 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
CALM pays out 27.07% of its income as dividend. This is a sustainable payout ratio.
DP27.07%
EPS Next 2Y-44.63%
EPS Next 3Y-31.8%
115.4
-1.4 (-1.2%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners90.9%
Inst Owner Change6.98%
Ins Owners6.39%
Ins Owner Change1.83%
Market Cap5.60B
Analysts77.78
Price Target111.69 (-3.21%)
Short Float %12.5%
Short Ratio6.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.31% |
Yearly Dividend6.77
Dividend Growth(5Y)N/A
DP27.07%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.79%
Min EPS beat(2)-6.68%
Max EPS beat(2)18.25%
EPS beat(4)3
Avg EPS beat(4)14.81%
Min EPS beat(4)-6.68%
Max EPS beat(4)28.57%
EPS beat(8)4
Avg EPS beat(8)-9.51%
EPS beat(12)6
Avg EPS beat(12)-5.11%
EPS beat(16)8
Avg EPS beat(16)-5.99%
Revenue beat(2)1
Avg Revenue beat(2)6.11%
Min Revenue beat(2)-2.7%
Max Revenue beat(2)14.91%
Revenue beat(4)3
Avg Revenue beat(4)15.52%
Min Revenue beat(4)-2.7%
Max Revenue beat(4)25.32%
Revenue beat(8)4
Avg Revenue beat(8)7.05%
Revenue beat(12)7
Avg Revenue beat(12)6.76%
Revenue beat(16)9
Avg Revenue beat(16)5.13%
PT rev (1m)3.96%
PT rev (3m)7.7%
EPS NQ rev (1m)24.59%
EPS NQ rev (3m)314.55%
EPS NY rev (1m)87.66%
EPS NY rev (3m)87.66%
Revenue NQ rev (1m)1.95%
Revenue NQ rev (3m)57.15%
Revenue NY rev (1m)35.2%
Revenue NY rev (3m)35.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.63 | ||
| Fwd PE | 7.13 | ||
| P/S | 1.31 | ||
| P/FCF | 5.26 | ||
| P/OCF | 4.57 | ||
| P/B | 2.19 | ||
| P/tB | 2.24 | ||
| EV/EBITDA | 2.07 |
EPS(TTM)24.95
EY21.62%
EPS(NY)16.19
Fwd EY14.03%
FCF(TTM)21.93
FCFY19%
OCF(TTM)25.25
OCFY21.88%
SpS87.87
BVpS52.8
TBVpS51.52
PEG (NY)N/A
PEG (5Y)0.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 39.55% | ||
| ROE | 47.65% | ||
| ROCE | 55.34% | ||
| ROIC | 42.26% | ||
| ROICexc | 84.77% | ||
| ROICexgc | 88.74% | ||
| OM | 36.05% | ||
| PM (TTM) | 28.63% | ||
| GM | 43.43% | ||
| FCFM | 24.95% |
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 | 171.51% | ||
| Cap/Sales | 3.78% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 75.12% | ||
| Profit Quality | 87.17% | ||
| Current Ratio | 6.38 | ||
| Quick Ratio | 5.42 | ||
| Altman-Z | 11.32 |
F-Score9
WACC8.88%
ROIC/WACC4.76
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)393.08%
EPS 3Y109.59%
EPS 5Y132.15%
EPS Q2Q%203.45%
EPS Next Y-35.12%
EPS Next 2Y-44.63%
EPS Next 3Y-31.8%
EPS Next 5YN/A
Revenue 1Y (TTM)83.2%
Revenue growth 3Y33.85%
Revenue growth 5Y25.82%
Sales Q2Q%72.23%
Revenue Next Year-7.25%
Revenue Next 2Y-11.25%
Revenue Next 3Y-6.14%
Revenue Next 5YN/A
EBIT growth 1Y397.98%
EBIT growth 3Y120.66%
EBIT growth 5Y200.22%
EBIT Next Year-31.33%
EBIT Next 3Y-30.22%
EBIT Next 5YN/A
FCF growth 1Y249.5%
FCF growth 3Y170.39%
FCF growth 5YN/A
OCF growth 1Y171.32%
OCF growth 3Y113.3%
OCF growth 5Y75.48%