CASCADES INC (CAS.CA) Stock Fundamental Analysis
TSX:CAS - CA1469001053 - Common Stock
9.83 CAD
-0.01 (-0.1%)
Overall CAS gets a fundamental rating of 4 out of 10. We evaluated CAS against 8 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.
In the past year CAS had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: CAS reported negative net income in multiple years.
CAS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of -0.17%, CAS is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of -0.48%, CAS is doing worse than 75.00% of the companies in the same industry.
CAS has a worse Return On Invested Capital (4.65%) than 75.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CAS is below the industry average of 8.04%.
The last Return On Invested Capital (4.65%) for CAS is above the 3 year average (3.51%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.17% | ||
| ROE | -0.48% | ||
| ROIC | 4.65% |
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 Operating Margin of 5.49% 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.
CAS's Gross Margin of 40.29% is fine compared to the rest of the industry. CAS outperforms 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 | 5.49% | ||
| PM (TTM) | N/A | ||
| GM | 40.29% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CAS is destroying value.
The number of shares outstanding for CAS has been increased compared to 1 year ago.
CAS has more shares outstanding than it did 5 years ago.
The debt/assets ratio for CAS is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.75, we must say that CAS is in the distress zone and has some risk of bankruptcy.
CAS has a worse Altman-Z score (1.75) than 87.50% of its industry peers.
The Debt to FCF ratio of CAS is 19.19, which is on the high side as it means it would take CAS, 19.19 years of fcf income to pay off all of its debts.
CAS's Debt to FCF ratio of 19.19 is on the low side compared to the rest of the industry. CAS is outperformed by 75.00% of its industry peers.
CAS has a Debt/Equity ratio of 1.23. This is a high value indicating a heavy dependency on external financing.
CAS has a worse Debt to Equity ratio (1.23) than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 19.19 | ||
| Altman-Z | 1.75 |
ROIC/WACC0.73
WACC6.39%
2.3 Liquidity
CAS has a Current Ratio of 1.54. This is a normal value and indicates that CAS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.54, CAS is doing worse than 87.50% of the companies in the same industry.
A Quick Ratio of 0.66 indicates that CAS may have some problems paying its short term obligations.
CAS has a worse Quick ratio (0.66) than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.54 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
CAS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 47.37%, which is quite impressive.
CAS shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.07% yearly.
CAS shows a small growth in Revenue. In the last year, the Revenue has grown by 2.77%.
The Revenue has been decreasing by -1.21% on average over the past years.
EPS 1Y (TTM)47.37%
EPS 3Y32.15%
EPS 5Y-10.07%
EPS Q2Q%137.5%
Revenue 1Y (TTM)2.77%
Revenue growth 3Y5.92%
Revenue growth 5Y-1.21%
Sales Q2Q%0.59%
3.2 Future
CAS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 39.86% yearly.
The Revenue is expected to grow by 1.02% on average over the next years.
EPS Next Y48.98%
EPS Next 2Y47.46%
EPS Next 3Y29.66%
EPS Next 5Y39.86%
Revenue Next Year0.36%
Revenue Next 2Y0.45%
Revenue Next 3Y1.02%
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. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.70, the valuation of CAS can be described as reasonable.
Based on the Price/Earnings ratio, CAS is valued a bit cheaper than 62.50% of the companies in the same industry.
When comparing the Price/Earnings ratio of CAS to the average of the S&P500 Index (27.13), we can say CAS is valued rather cheaply.
CAS is valuated cheaply with a Price/Forward Earnings ratio of 7.53.
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 is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.7 | ||
| Fwd PE | 7.53 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CAS is valued a bit cheaper than 62.50% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CAS is valued a bit cheaper than the industry average as 62.50% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.97 | ||
| EV/EBITDA | 5.63 |
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.
CAS's earnings are expected to grow with 29.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.24
PEG (5Y)N/A
EPS Next 2Y47.46%
EPS Next 3Y29.66%
5. Dividend
5.1 Amount
CAS has a Yearly Dividend Yield of 4.88%, which is a nice return.
CAS's Dividend Yield is rather good when compared to the industry average which is at 3.25. CAS pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, CAS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.88% |
5.2 History
The dividend of CAS is nicely growing with an annual growth rate of 14.28%!
CAS has been paying a dividend for at least 10 years, so it has a reliable track record.
CAS has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)14.28%
Div Incr Years0
Div Non Decr Years23
5.3 Sustainability
The earnings of CAS are negative and hence is the payout ratio. CAS will probably not be able to sustain this dividend level.
The dividend of CAS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-600%
EPS Next 2Y47.46%
EPS Next 3Y29.66%
TSX:CAS (8/29/2025, 7:00:00 PM)
9.83
-0.01 (-0.1%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners26.11%
Inst Owner ChangeN/A
Ins Owners11.61%
Ins Owner ChangeN/A
Market Cap995.39M
Analysts70
Price Target10.97 (11.6%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.88% |
Yearly Dividend0.48
Dividend Growth(5Y)14.28%
DP-600%
Div Incr Years0
Div Non Decr Years23
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.97%
Min EPS beat(2)-6.95%
Max EPS beat(2)-0.99%
EPS beat(4)1
Avg EPS beat(4)11%
Min EPS beat(4)-15.14%
Max EPS beat(4)67.08%
EPS beat(8)4
Avg EPS beat(8)14.22%
EPS beat(12)8
Avg EPS beat(12)19.24%
EPS beat(16)10
Avg EPS beat(16)-14.2%
Revenue beat(2)0
Avg Revenue beat(2)-2.26%
Min Revenue beat(2)-3.43%
Max Revenue beat(2)-1.08%
Revenue beat(4)2
Avg Revenue beat(4)-0.82%
Min Revenue beat(4)-3.43%
Max Revenue beat(4)0.75%
Revenue beat(8)2
Avg Revenue beat(8)-1.76%
Revenue beat(12)5
Avg Revenue beat(12)-0.84%
Revenue beat(16)8
Avg Revenue beat(16)-0.57%
PT rev (1m)6.61%
PT rev (3m)-3.01%
EPS NQ rev (1m)-3.82%
EPS NQ rev (3m)-37.08%
EPS NY rev (1m)-38.83%
EPS NY rev (3m)-38.83%
Revenue NQ rev (1m)-1.47%
Revenue NQ rev (3m)-6.02%
Revenue NY rev (1m)-1.1%
Revenue NY rev (3m)-4.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.7 | ||
| Fwd PE | 7.53 | ||
| P/S | 0.21 | ||
| P/FCF | 8.97 | ||
| P/OCF | 3.67 | ||
| P/B | 0.59 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | 5.63 |
EPS(TTM)0.84
EY8.55%
EPS(NY)1.3
Fwd EY13.27%
FCF(TTM)1.1
FCFY11.15%
OCF(TTM)2.68
OCFY27.23%
SpS46.94
BVpS16.52
TBVpS11.35
PEG (NY)0.24
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.17% | ||
| ROE | -0.48% | ||
| ROCE | 6.47% | ||
| ROIC | 4.65% | ||
| ROICexc | 4.69% | ||
| ROICexgc | 5.39% | ||
| OM | 5.49% | ||
| PM (TTM) | N/A | ||
| GM | 40.29% | ||
| FCFM | 2.34% |
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%
ROICexcg growth 3Y12.07%
ROICexcg 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-Score6
Asset Turnover0.99
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 19.19 | ||
| Debt/EBITDA | 3.76 | ||
| Cap/Depr | 55.75% | ||
| Cap/Sales | 3.37% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 49.45% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.54 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 1.75 |
F-Score6
WACC6.39%
ROIC/WACC0.73
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)47.37%
EPS 3Y32.15%
EPS 5Y-10.07%
EPS Q2Q%137.5%
EPS Next Y48.98%
EPS Next 2Y47.46%
EPS Next 3Y29.66%
EPS Next 5Y39.86%
Revenue 1Y (TTM)2.77%
Revenue growth 3Y5.92%
Revenue growth 5Y-1.21%
Sales Q2Q%0.59%
Revenue Next Year0.36%
Revenue Next 2Y0.45%
Revenue Next 3Y1.02%
Revenue Next 5YN/A
EBIT growth 1Y18.64%
EBIT growth 3Y16.16%
EBIT growth 5Y-7.37%
EBIT Next Year200.31%
EBIT Next 3Y42.24%
EBIT Next 5Y40.32%
FCF growth 1Y155.22%
FCF growth 3Y-26.63%
FCF growth 5Y-11.29%
OCF growth 1Y-16.62%
OCF growth 3Y-21.72%
OCF growth 5Y-9.98%