CASCADES INC (CAS.CA) Fundamental Analysis & Valuation
TSX:CAS • CA1469001053
Current stock price
10.69 CAD
-0.38 (-3.43%)
Last:
This CAS.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. CAS.CA Profitability Analysis
1.1 Basic Checks
- CAS had positive earnings in the past year.
- CAS had a positive operating cash flow in the past year.
- In multiple years CAS reported negative net income over the last 5 years.
- In the past 5 years CAS always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of CAS (1.50%) is worse than 75.00% of its industry peers.
- CAS has a worse Return On Equity (4.07%) than 75.00% of its industry peers.
- With a Return On Invested Capital value of 6.05%, CAS is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
- The Average Return On Invested Capital over the past 3 years for CAS is below the industry average of 8.77%.
- The 3 year average ROIC (5.18%) for CAS is below the current ROIC(6.05%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.5% | ||
| ROE | 4.07% | ||
| ROIC | 6.05% |
ROA(3y)-0.24%
ROA(5y)0.43%
ROE(3y)-0.7%
ROE(5y)0.94%
ROIC(3y)5.18%
ROIC(5y)4.15%
1.3 Margins
- The Profit Margin of CAS (1.47%) is worse than 75.00% of its industry peers.
- CAS's Profit Margin has declined in the last couple of years.
- CAS's Operating Margin of 6.05% is on the low side compared to the rest of the industry. CAS is outperformed by 75.00% of its industry peers.
- CAS's Operating Margin has declined in the last couple of years.
- The Gross Margin of CAS (40.81%) is better than 75.00% of its industry peers.
- In the last couple of years the Gross Margin of CAS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.05% | ||
| PM (TTM) | 1.47% | ||
| GM | 40.81% |
OM growth 3Y31.08%
OM growth 5Y-3.03%
PM growth 3YN/A
PM growth 5Y-17.52%
GM growth 3Y3.88%
GM growth 5Y20.63%
2. CAS.CA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CAS is destroying value.
- CAS has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for CAS has been reduced compared to 5 years ago.
- CAS has a better debt/assets ratio than last year.
2.2 Solvency
- CAS has an Altman-Z score of 1.85. This is not the best score and indicates that CAS is in the grey zone with still only limited risk for bankruptcy at the moment.
- CAS has a worse Altman-Z score (1.85) than 75.00% of its industry peers.
- CAS has a debt to FCF ratio of 8.56. This is a slightly negative value and a sign of low solvency as CAS would need 8.56 years to pay back of all of its debts.
- With a Debt to FCF ratio value of 8.56, CAS is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
- CAS has a Debt/Equity ratio of 1.09. This is a high value indicating a heavy dependency on external financing.
- CAS has a worse Debt to Equity ratio (1.09) than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.09 | ||
| Debt/FCF | 8.56 | ||
| Altman-Z | 1.85 |
ROIC/WACC0.85
WACC7.12%
2.3 Liquidity
- A Current Ratio of 1.43 indicates that CAS should not have too much problems paying its short term obligations.
- CAS's Current ratio of 1.43 is on the low side compared to the rest of the industry. CAS is outperformed by 62.50% of its industry peers.
- A Quick Ratio of 0.61 indicates that CAS may have some problems paying its short term obligations.
- The Quick ratio of CAS (0.61) is worse than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.43 | ||
| Quick Ratio | 0.61 |
3. CAS.CA Growth Analysis
3.1 Past
- CAS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 83.33%, which is quite impressive.
- The earnings per share for CAS have been decreasing by -10.82% on average. This is quite bad
- Looking at the last year, CAS shows a small growth in Revenue. The Revenue has grown by 1.60% in the last year.
- Measured over the past years, CAS shows a decrease in Revenue. The Revenue has been decreasing by -1.52% on average per year.
EPS 1Y (TTM)83.33%
EPS 3Y43.79%
EPS 5Y-10.82%
EPS Q2Q%60%
Revenue 1Y (TTM)1.6%
Revenue growth 3Y2.26%
Revenue growth 5Y-1.52%
Sales Q2Q%-1.16%
3.2 Future
- CAS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.30% yearly.
- The Revenue is expected to grow by 0.57% on average over the next years.
EPS Next Y30.08%
EPS Next 2Y22.11%
EPS Next 3Y28.3%
EPS Next 5YN/A
Revenue Next Year0.35%
Revenue Next 2Y0.57%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. CAS.CA Valuation Analysis
4.1 Price/Earnings Ratio
- CAS is valuated reasonably with a Price/Earnings ratio of 9.72.
- Compared to the rest of the industry, the Price/Earnings ratio of CAS indicates a somewhat cheap valuation: CAS is cheaper than 62.50% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of CAS to the average of the S&P500 Index (26.78), we can say CAS is valued rather cheaply.
- CAS is valuated cheaply with a Price/Forward Earnings ratio of 7.47.
- Based on the Price/Forward Earnings ratio, CAS is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
- CAS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.54.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.72 | ||
| Fwd PE | 7.47 |
4.2 Price Multiples
- 75.00% of the companies in the same industry are more expensive than CAS, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of CAS indicates a somewhat cheap valuation: CAS is cheaper than 75.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.77 | ||
| EV/EBITDA | 5.16 |
4.3 Compensation for Growth
- CAS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as CAS's earnings are expected to grow with 28.30% in the coming years.
PEG (NY)0.32
PEG (5Y)N/A
EPS Next 2Y22.11%
EPS Next 3Y28.3%
5. CAS.CA Dividend Analysis
5.1 Amount
- CAS has a Yearly Dividend Yield of 4.34%, which is a nice return.
- Compared to an average industry Dividend Yield of 5.67, CAS pays a bit more dividend than its industry peers.
- CAS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
5.2 History
- On average, the dividend of CAS grows each year by 8.96%, which is quite nice.
- CAS has paid a dividend for at least 10 years, which is a reliable track record.
- CAS has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.96%
Div Incr Years0
Div Non Decr Years24
5.3 Sustainability
- 70.00% of the earnings are spent on dividend by CAS. This is not a sustainable payout ratio.
- CAS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP70%
EPS Next 2Y22.11%
EPS Next 3Y28.3%
CAS.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:CAS (4/10/2026, 7:00:00 PM)
10.69
-0.38 (-3.43%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)02-26 2026-02-26/bmo
Earnings (Next)05-07 2026-05-07
Inst Owners26.36%
Inst Owner ChangeN/A
Ins Owners11.56%
Ins Owner ChangeN/A
Market Cap1.08B
Revenue(TTM)4.78B
Net Income(TTM)70.00M
Analysts74
Price Target15.6 (45.93%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
Yearly Dividend0.48
Dividend Growth(5Y)8.96%
DP70%
Div Incr Years0
Div Non Decr Years24
Ex-Date03-12 2026-03-12 (0.12)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.22%
Min EPS beat(2)6.46%
Max EPS beat(2)27.97%
EPS beat(4)2
Avg EPS beat(4)6.62%
Min EPS beat(4)-6.95%
Max EPS beat(4)27.97%
EPS beat(8)5
Avg EPS beat(8)26.78%
EPS beat(12)8
Avg EPS beat(12)18.74%
EPS beat(16)11
Avg EPS beat(16)-5.45%
Revenue beat(2)1
Avg Revenue beat(2)0.5%
Min Revenue beat(2)-1.48%
Max Revenue beat(2)2.48%
Revenue beat(4)1
Avg Revenue beat(4)-0.88%
Min Revenue beat(4)-3.43%
Max Revenue beat(4)2.48%
Revenue beat(8)3
Avg Revenue beat(8)-0.8%
Revenue beat(12)5
Avg Revenue beat(12)-0.94%
Revenue beat(16)7
Avg Revenue beat(16)-0.66%
PT rev (1m)1.38%
PT rev (3m)14.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)21.11%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.74%
Revenue NQ rev (1m)-0.34%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.72 | ||
| Fwd PE | 7.47 | ||
| P/S | 0.23 | ||
| P/FCF | 4.77 | ||
| P/OCF | 2.86 | ||
| P/B | 0.63 | ||
| P/tB | 0.9 | ||
| EV/EBITDA | 5.16 |
EPS(TTM)1.1
EY10.29%
EPS(NY)1.43
Fwd EY13.38%
FCF(TTM)2.24
FCFY20.96%
OCF(TTM)3.74
OCFY35%
SpS47.14
BVpS16.99
TBVpS11.84
PEG (NY)0.32
PEG (5Y)N/A
Graham Number20.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.5% | ||
| ROE | 4.07% | ||
| ROCE | 7.48% | ||
| ROIC | 6.05% | ||
| ROICexc | 6.13% | ||
| ROICexgc | 7.1% | ||
| OM | 6.05% | ||
| PM (TTM) | 1.47% | ||
| GM | 40.81% | ||
| FCFM | 4.75% |
ROA(3y)-0.24%
ROA(5y)0.43%
ROE(3y)-0.7%
ROE(5y)0.94%
ROIC(3y)5.18%
ROIC(5y)4.15%
ROICexc(3y)5.24%
ROICexc(5y)4.23%
ROICexgc(3y)6.08%
ROICexgc(5y)4.93%
ROCE(3y)6.41%
ROCE(5y)5.14%
ROICexgc growth 3Y36.36%
ROICexgc growth 5Y-4.34%
ROICexc growth 3Y36.5%
ROICexc growth 5Y-3.58%
OM growth 3Y31.08%
OM growth 5Y-3.03%
PM growth 3YN/A
PM growth 5Y-17.52%
GM growth 3Y3.88%
GM growth 5Y20.63%
F-Score7
Asset Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.09 | ||
| Debt/FCF | 8.56 | ||
| Debt/EBITDA | 3.25 | ||
| Cap/Depr | 52.96% | ||
| Cap/Sales | 3.18% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 65.8% | ||
| Profit Quality | 324.29% | ||
| Current Ratio | 1.43 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 1.85 |
F-Score7
WACC7.12%
ROIC/WACC0.85
Cap/Depr(3y)79.58%
Cap/Depr(5y)110.21%
Cap/Sales(3y)4.72%
Cap/Sales(5y)6.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)83.33%
EPS 3Y43.79%
EPS 5Y-10.82%
EPS Q2Q%60%
EPS Next Y30.08%
EPS Next 2Y22.11%
EPS Next 3Y28.3%
EPS Next 5YN/A
Revenue 1Y (TTM)1.6%
Revenue growth 3Y2.26%
Revenue growth 5Y-1.52%
Sales Q2Q%-1.16%
Revenue Next Year0.35%
Revenue Next 2Y0.57%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y31.96%
EBIT growth 3Y34.04%
EBIT growth 5Y-4.51%
EBIT Next Year139.51%
EBIT Next 3Y37.08%
EBIT Next 5Y18.14%
FCF growth 1Y104.51%
FCF growth 3YN/A
FCF growth 5Y-7.6%
OCF growth 1Y39.34%
OCF growth 3Y38.07%
OCF growth 5Y-8.38%
CASCADES INC / CAS.CA Fundamental Analysis FAQ
What is the ChartMill fundamental rating of CASCADES INC (CAS.CA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to CAS.CA.
Can you provide the valuation status for CASCADES INC?
ChartMill assigns a valuation rating of 7 / 10 to CASCADES INC (CAS.CA). This can be considered as Undervalued.
What is the profitability of CAS stock?
CASCADES INC (CAS.CA) has a profitability rating of 3 / 10.
What are the PE and PB ratios of CASCADES INC (CAS.CA) stock?
The Price/Earnings (PE) ratio for CASCADES INC (CAS.CA) is 9.72 and the Price/Book (PB) ratio is 0.63.
What is the earnings growth outlook for CASCADES INC?
The Earnings per Share (EPS) of CASCADES INC (CAS.CA) is expected to grow by 30.08% in the next year.