CASCADES INC (CAS.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:CAS • CA1469001053
12.93 CAD
+0.14 (+1.09%)
Last: Feb 2, 2026, 07:00 PM
We assign a fundamental rating of 4 out of 10 to CAS. CAS was compared to 9 industry peers in the Containers & Packaging industry. CAS may be in some trouble as it scores bad on both profitability and health. CAS is valued quite cheap, while showing a decent growth score. This is a good combination! Finally CAS also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year CAS was profitable.
- 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
- CAS's Return On Assets of 0.41% is on the low side compared to the rest of the industry. CAS is outperformed by 77.78% of its industry peers.
- With a Return On Equity value of 1.17%, CAS is not doing good in the industry: 77.78% of the companies in the same industry are doing better.
- CAS has a Return On Invested Capital of 4.90%. This is in the lower half of the industry: CAS underperforms 77.78% of its industry peers.
- CAS had an Average Return On Invested Capital over the past 3 years of 3.51%. This is below the industry average of 7.93%.
- The 3 year average ROIC (3.51%) for CAS is below the current ROIC(4.90%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.41% | ||
| ROE | 1.17% | ||
| ROIC | 4.9% |
ROA(3y)-0.96%
ROA(5y)0.86%
ROE(3y)-2.66%
ROE(5y)2.39%
ROIC(3y)3.51%
ROIC(5y)3.81%
1.3 Margins
- CAS's Profit Margin of 0.42% is on the low side compared to the rest of the industry. CAS is outperformed by 77.78% of its industry peers.
- The Operating Margin of CAS (5.76%) is worse than 66.67% of its industry peers.
- CAS's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 40.58%, CAS is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
- CAS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.76% | ||
| PM (TTM) | 0.42% | ||
| GM | 40.58% |
OM growth 3Y9.66%
OM growth 5Y-6.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y27.9%
GM growth 5Y20.84%
2. Health
2.1 Basic Checks
- CAS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- CAS has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, CAS has more shares outstanding
- Compared to 1 year ago, CAS has a worse debt to assets ratio.
2.2 Solvency
- CAS has an Altman-Z score of 1.82. 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.
- The Altman-Z score of CAS (1.82) is worse than 77.78% of its industry peers.
- The Debt to FCF ratio of CAS is 10.75, which is on the high side as it means it would take CAS, 10.75 years of fcf income to pay off all of its debts.
- CAS's Debt to FCF ratio of 10.75 is on the low side compared to the rest of the industry. CAS is outperformed by 77.78% of its industry peers.
- CAS has a Debt/Equity ratio of 1.19. This is a high value indicating a heavy dependency on external financing.
- The Debt to Equity ratio of CAS (1.19) is worse than 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.19 | ||
| Debt/FCF | 10.75 | ||
| Altman-Z | 1.82 |
ROIC/WACC0.66
WACC7.43%
2.3 Liquidity
- A Current Ratio of 1.53 indicates that CAS should not have too much problems paying its short term obligations.
- CAS has a worse Current ratio (1.53) than 66.67% of its industry peers.
- A Quick Ratio of 0.73 indicates that CAS may have some problems paying its short term obligations.
- CAS's Quick ratio of 0.73 is on the low side compared to the rest of the industry. CAS is outperformed by 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.53 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
- CAS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 137.50%, which is quite impressive.
- The earnings per share for CAS have been decreasing by -10.07% on average. This is quite bad
- Looking at the last year, CAS shows a small growth in Revenue. The Revenue has grown by 3.50% in the last year.
- CAS shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.21% yearly.
EPS 1Y (TTM)137.5%
EPS 3Y32.15%
EPS 5Y-10.07%
EPS Q2Q%40.74%
Revenue 1Y (TTM)3.5%
Revenue growth 3Y5.92%
Revenue growth 5Y-1.21%
Sales Q2Q%3.08%
3.2 Future
- Based on estimates for the next years, CAS will show a very strong growth in Earnings Per Share. The EPS will grow by 39.68% on average per year.
- CAS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.92% yearly.
EPS Next Y78.15%
EPS Next 2Y58.11%
EPS Next 3Y35.56%
EPS Next 5Y39.68%
Revenue Next Year2.07%
Revenue Next 2Y1.34%
Revenue Next 3Y0.92%
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 accelerating.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 13.61, the valuation of CAS can be described as correct.
- Based on the Price/Earnings ratio, CAS is valued a bit cheaper than 66.67% of the companies in the same industry.
- CAS is valuated cheaply when we compare the Price/Earnings ratio to 28.41, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 8.62, the valuation of CAS can be described as reasonable.
- Based on the Price/Forward Earnings ratio, CAS is valued cheaply inside the industry as 100.00% 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 25.64.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.61 | ||
| Fwd PE | 8.62 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CAS indicates a somewhat cheap valuation: CAS is cheaper than 77.78% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of CAS indicates a rather cheap valuation: CAS is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.71 | ||
| EV/EBITDA | 5.85 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- CAS's earnings are expected to grow with 35.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.17
PEG (5Y)N/A
EPS Next 2Y58.11%
EPS Next 3Y35.56%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.70%, CAS has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 2.07, 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 | 3.7% |
5.2 History
- The dividend of CAS is nicely growing with an annual growth rate of 14.28%!
- 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)14.28%
Div Incr Years0
Div Non Decr Years23
5.3 Sustainability
- 240.00% 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.
DP240%
EPS Next 2Y58.11%
EPS Next 3Y35.56%
TSX:CAS (2/2/2026, 7:00:00 PM)
12.93
+0.14 (+1.09%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)11-06 2025-11-06/bmo
Earnings (Next)02-26 2026-02-26
Inst Owners23.98%
Inst Owner ChangeN/A
Ins Owners11.52%
Ins Owner ChangeN/A
Market Cap1.31B
Revenue(TTM)4.79B
Net Income(TTM)20.00M
Analysts74
Price Target13.6 (5.18%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.7% |
Yearly Dividend0.48
Dividend Growth(5Y)14.28%
DP240%
Div Incr Years0
Div Non Decr Years23
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)13.49%
Min EPS beat(2)-0.99%
Max EPS beat(2)27.97%
EPS beat(4)1
Avg EPS beat(4)1.22%
Min EPS beat(4)-15.14%
Max EPS beat(4)27.97%
EPS beat(8)4
Avg EPS beat(8)15.42%
EPS beat(12)8
Avg EPS beat(12)20.44%
EPS beat(16)11
Avg EPS beat(16)-5.43%
Revenue beat(2)1
Avg Revenue beat(2)0.7%
Min Revenue beat(2)-1.08%
Max Revenue beat(2)2.48%
Revenue beat(4)2
Avg Revenue beat(4)-0.32%
Min Revenue beat(4)-3.43%
Max Revenue beat(4)2.48%
Revenue beat(8)3
Avg Revenue beat(8)-1.39%
Revenue beat(12)5
Avg Revenue beat(12)-0.89%
Revenue beat(16)8
Avg Revenue beat(16)-0.45%
PT rev (1m)0%
PT rev (3m)15.11%
EPS NQ rev (1m)2.26%
EPS NQ rev (3m)32.84%
EPS NY rev (1m)0.63%
EPS NY rev (3m)19.59%
Revenue NQ rev (1m)-0.41%
Revenue NQ rev (3m)2.1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.61 | ||
| Fwd PE | 8.62 | ||
| P/S | 0.27 | ||
| P/FCF | 6.71 | ||
| P/OCF | 3.74 | ||
| P/B | 0.77 | ||
| P/tB | 1.11 | ||
| EV/EBITDA | 5.85 |
EPS(TTM)0.95
EY7.35%
EPS(NY)1.5
Fwd EY11.6%
FCF(TTM)1.93
FCFY14.89%
OCF(TTM)3.46
OCFY26.73%
SpS47.3
BVpS16.86
TBVpS11.64
PEG (NY)0.17
PEG (5Y)N/A
Graham Number18.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.41% | ||
| ROE | 1.17% | ||
| ROCE | 6.81% | ||
| ROIC | 4.9% | ||
| ROICexc | 5% | ||
| ROICexgc | 5.77% | ||
| OM | 5.76% | ||
| PM (TTM) | 0.42% | ||
| GM | 40.58% | ||
| FCFM | 4.07% |
ROA(3y)-0.96%
ROA(5y)0.86%
ROE(3y)-2.66%
ROE(5y)2.39%
ROIC(3y)3.51%
ROIC(5y)3.81%
ROICexc(3y)3.56%
ROICexc(5y)3.99%
ROICexgc(3y)4.13%
ROICexgc(5y)4.7%
ROCE(3y)4.88%
ROCE(5y)5.31%
ROICexgc growth 3Y12.07%
ROICexgc growth 5Y-7.78%
ROICexc growth 3Y12.83%
ROICexc growth 5Y-6.94%
OM growth 3Y9.66%
OM growth 5Y-6.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y27.9%
GM growth 5Y20.84%
F-Score7
Asset Turnover0.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.19 | ||
| Debt/FCF | 10.75 | ||
| Debt/EBITDA | 3.58 | ||
| Cap/Depr | 53.26% | ||
| Cap/Sales | 3.24% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 61.73% | ||
| Profit Quality | 975% | ||
| Current Ratio | 1.53 | ||
| Quick Ratio | 0.73 | ||
| Altman-Z | 1.82 |
F-Score7
WACC7.43%
ROIC/WACC0.66
Cap/Depr(3y)128.19%
Cap/Depr(5y)116.34%
Cap/Sales(3y)7.4%
Cap/Sales(5y)6.85%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)137.5%
EPS 3Y32.15%
EPS 5Y-10.07%
EPS Q2Q%40.74%
EPS Next Y78.15%
EPS Next 2Y58.11%
EPS Next 3Y35.56%
EPS Next 5Y39.68%
Revenue 1Y (TTM)3.5%
Revenue growth 3Y5.92%
Revenue growth 5Y-1.21%
Sales Q2Q%3.08%
Revenue Next Year2.07%
Revenue Next 2Y1.34%
Revenue Next 3Y0.92%
Revenue Next 5YN/A
EBIT growth 1Y39.39%
EBIT growth 3Y16.16%
EBIT growth 5Y-7.37%
EBIT Next Year214.74%
EBIT Next 3Y48.74%
EBIT Next 5Y40.7%
FCF growth 1Y6400%
FCF growth 3Y-26.63%
FCF growth 5Y-11.29%
OCF growth 1Y-24.89%
OCF growth 3Y-21.72%
OCF growth 5Y-9.98%
CASCADES INC / CAS.CA 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 8 / 10 to CASCADES INC (CAS.CA). This can be considered as Undervalued.
Can you provide the profitability details for CASCADES INC?
CASCADES INC (CAS.CA) has a profitability rating of 3 / 10.
Can you provide the financial health for CAS stock?
The financial health rating of CASCADES INC (CAS.CA) is 1 / 10.
What is the earnings growth outlook for CASCADES INC?
The Earnings per Share (EPS) of CASCADES INC (CAS.CA) is expected to grow by 78.15% in the next year.