CASCADES INC (CAS.CA) Fundamental Analysis & Valuation
TSX:CAS • CA1469001053
12.11 CAD
-0.01 (-0.08%)
Last: Mar 3, 2026, 07:00 PM
This CAS.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
CAS gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 7 industry peers in the Containers & Packaging industry. There are concerns on the financial health of CAS while its profitability can be described as average. CAS is valued quite cheap, while showing a decent growth score. This is a good combination! CAS also has an excellent dividend rating.
1. CAS.CA Profitability Analysis
1.1 Basic Checks
- In the past year CAS was profitable.
- CAS had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: CAS reported negative net income in multiple years.
- Each year in the past 5 years CAS had a positive operating cash flow.
1.2 Ratios
- CAS has a Return On Assets of 0.41%. This is in the lower half of the industry: CAS underperforms 71.43% of its industry peers.
- Looking at the Return On Equity, with a value of 1.17%, CAS is doing worse than 71.43% of the companies in the same industry.
- CAS has a Return On Invested Capital of 4.90%. This is in the lower half of the industry: CAS underperforms 71.43% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for CAS is below the industry average of 7.66%.
- The last Return On Invested Capital (4.90%) for CAS is above the 3 year average (3.51%), which is a sign of increasing profitability.
| 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
- With a Profit Margin value of 0.42%, CAS is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
- The Operating Margin of CAS (5.76%) is comparable to the rest of the industry.
- CAS's Operating Margin has declined in the last couple of years.
- With an excellent Gross Margin value of 40.58%, CAS belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
- In the last couple of years the Gross Margin of CAS has grown nicely.
| 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. 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.
- Compared to 1 year ago, CAS has more shares outstanding
- 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 1.80. This is a bad value and indicates that CAS is not financially healthy and even has some risk of bankruptcy.
- CAS's Altman-Z score of 1.80 is on the low side compared to the rest of the industry. CAS is outperformed by 71.43% of its industry peers.
- CAS has a debt to FCF ratio of 10.75. This is a negative value and a sign of low solvency as CAS would need 10.75 years to pay back of all of its debts.
- With a Debt to FCF ratio value of 10.75, CAS is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
- A Debt/Equity ratio of 1.19 is on the high side and indicates that CAS has dependencies on debt financing.
- The Debt to Equity ratio of CAS (1.19) is worse than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.19 | ||
| Debt/FCF | 10.75 | ||
| Altman-Z | 1.8 |
ROIC/WACC0.67
WACC7.27%
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 Current ratio of 1.53. This is in the lower half of the industry: CAS underperforms 71.43% of its industry peers.
- CAS has a Quick Ratio of 1.53. This is a bad value and indicates that CAS is not financially healthy enough and could expect problems in meeting its short term obligations.
- CAS has a worse Quick ratio (0.73) than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.53 | ||
| Quick Ratio | 0.73 |
3. CAS.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 137.50% over the past year.
- 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.
- Measured over the past years, CAS shows a decrease in Revenue. The Revenue has been decreasing by -1.21% on average per year.
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
- CAS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 39.68% yearly.
- Based on estimates for the next years, CAS will show a small growth in Revenue. The Revenue will grow by 1.21% on average per year.
EPS Next Y78.15%
EPS Next 2Y58.11%
EPS Next 3Y35.56%
EPS Next 5Y39.68%
Revenue Next Year2.01%
Revenue Next 2Y1.26%
Revenue Next 3Y1.21%
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. CAS.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 12.75, which indicates a correct valuation of CAS.
- CAS's Price/Earnings ratio is a bit cheaper when compared to the industry. CAS is cheaper than 71.43% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.03. CAS is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 8.07, which indicates a very decent valuation of CAS.
- 100.00% of the companies in the same industry are more expensive than CAS, based on the Price/Forward Earnings ratio.
- CAS is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.11, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.75 | ||
| Fwd PE | 8.07 |
4.2 Price Multiples
- 100.00% of the companies in the same industry are more expensive than CAS, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, CAS is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.29 | ||
| EV/EBITDA | 5.7 |
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)0.16
PEG (5Y)N/A
EPS Next 2Y58.11%
EPS Next 3Y35.56%
5. CAS.CA Dividend Analysis
5.1 Amount
- CAS has a Yearly Dividend Yield of 3.90%.
- CAS's Dividend Yield is rather good when compared to the industry average which is at 1.88. CAS pays more dividend than 100.00% of the companies in the same industry.
- CAS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.9% |
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.
- The dividend of CAS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP240%
EPS Next 2Y58.11%
EPS Next 3Y35.56%
CAS.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:CAS (3/3/2026, 7:00:00 PM)
12.11
-0.01 (-0.08%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)02-26 2026-02-26
Earnings (Next)05-06 2026-05-06
Inst Owners23.98%
Inst Owner ChangeN/A
Ins Owners11.52%
Ins Owner ChangeN/A
Market Cap1.23B
Revenue(TTM)4.79B
Net Income(TTM)20.00M
Analysts74
Price Target15.39 (27.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.9% |
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)13.13%
PT rev (3m)13.13%
EPS NQ rev (1m)2.76%
EPS NQ rev (3m)5.08%
EPS NY rev (1m)0%
EPS NY rev (3m)19.36%
Revenue NQ rev (1m)-0.08%
Revenue NQ rev (3m)-0.49%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)1.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.75 | ||
| Fwd PE | 8.07 | ||
| P/S | 0.26 | ||
| P/FCF | 6.29 | ||
| P/OCF | 3.5 | ||
| P/B | 0.72 | ||
| P/tB | 1.04 | ||
| EV/EBITDA | 5.7 |
EPS(TTM)0.95
EY7.84%
EPS(NY)1.5
Fwd EY12.39%
FCF(TTM)1.93
FCFY15.9%
OCF(TTM)3.46
OCFY28.54%
SpS47.29
BVpS16.85
TBVpS11.64
PEG (NY)0.16
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 | 1.8 |
F-Score7
WACC7.27%
ROIC/WACC0.67
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 Year2.01%
Revenue Next 2Y1.26%
Revenue Next 3Y1.21%
Revenue Next 5YN/A
EBIT growth 1Y39.39%
EBIT growth 3Y16.16%
EBIT growth 5Y-7.37%
EBIT Next Year215.67%
EBIT Next 3Y50.26%
EBIT Next 5Y26.74%
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 4 / 10.
Can you provide the financial health for CAS stock?
The financial health rating of CASCADES INC (CAS.CA) is 0 / 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.