CASCADES INC (CAS.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:CAS - CA1469001053 - Common Stock
12.54 CAD
+0.05 (+0.4%)
Overall CAS gets a fundamental rating of 4 out of 10. We evaluated CAS 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 not valued too expensively and it also shows a decent growth rate. Finally CAS also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CAS had positive earnings in the past year.
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.
Each year in the past 5 years CAS had a positive operating cash flow.
1.2 Ratios
CAS has a worse Return On Assets (0.41%) than 71.43% of its industry peers.
With a Return On Equity value of 1.17%, CAS is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
CAS has a worse Return On Invested Capital (4.90%) than 71.43% 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 7.88%.
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 has a Profit Margin of 0.42%. This is in the lower half of the industry: CAS underperforms 71.43% of its industry peers.
With a Operating Margin value of 5.76%, CAS perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
In the last couple of years the Operating Margin of CAS has declined.
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. 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.
The number of shares outstanding for CAS has been increased compared to 5 years ago.
CAS has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.81 indicates that CAS is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of CAS (1.81) is worse than 71.43% 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 has a Debt to FCF ratio of 10.75. This is in the lower half of the industry: CAS underperforms 71.43% 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.
CAS has a Debt to Equity ratio of 1.19. This is amonst the worse of the industry: CAS underperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.19 | ||
| Debt/FCF | 10.75 | ||
| Altman-Z | 1.81 |
ROIC/WACC0.68
WACC7.21%
2.3 Liquidity
CAS has a Current Ratio of 1.53. This is a normal value and indicates that CAS is financially healthy and should not expect problems in meeting 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.
A Quick Ratio of 0.73 indicates that CAS may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.73, CAS is doing worse than 71.43% of the companies in the same industry.
| 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
The Revenue has been growing slightly by 3.50% in the past year.
The Revenue has been decreasing by -1.21% on average over the past years.
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 39.01% on average per year.
Based on estimates for the next years, CAS will show a small growth in Revenue. The Revenue will grow by 0.72% on average per year.
EPS Next Y49.26%
EPS Next 2Y52.6%
EPS Next 3Y32.12%
EPS Next 5Y39.01%
Revenue Next Year0.68%
Revenue Next 2Y0.82%
Revenue Next 3Y0.72%
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
A Price/Earnings ratio of 13.20 indicates a correct valuation of CAS.
Based on the Price/Earnings ratio, CAS is valued a bit cheaper than 71.43% of the companies in the same industry.
CAS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.65.
Based on the Price/Forward Earnings ratio of 8.98, the valuation of CAS can be described as reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as CAS.
The average S&P500 Price/Forward Earnings ratio is at 34.45. CAS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.2 | ||
| Fwd PE | 8.98 |
4.2 Price Multiples
71.43% 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 71.43% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.51 | ||
| EV/EBITDA | 5.78 |
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 32.12% in the coming years.
PEG (NY)0.27
PEG (5Y)N/A
EPS Next 2Y52.6%
EPS Next 3Y32.12%
5. Dividend
5.1 Amount
CAS has a Yearly Dividend Yield of 3.91%. Purely for dividend investing, there may be better candidates out there.
CAS's Dividend Yield is rather good when compared to the industry average which is at 2.80. CAS pays more dividend than 85.71% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, CAS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
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 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
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 2Y52.6%
EPS Next 3Y32.12%
TSX:CAS (11/24/2025, 7:00:00 PM)
12.54
+0.05 (+0.4%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryContainers & Packaging
Earnings (Last)
Earnings (Next)
Inst Owners24.63%
Inst Owner ChangeN/A
Ins Owners11.61%
Ins Owner ChangeN/A
Market Cap1.27B
Revenue(TTM)4.79B
Net Income(TTM)20.00M
Analysts74
Price Target13.6 (8.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
Yearly Dividend0.48
Dividend Growth(5Y)14.28%
DP240%
Div Incr Years0
Div Non Decr Years23
Ex-Date
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)24.03%
PT rev (3m)24.03%
EPS NQ rev (1m)21.23%
EPS NQ rev (3m)21.23%
EPS NY rev (1m)0.19%
EPS NY rev (3m)0.19%
Revenue NQ rev (1m)0.59%
Revenue NQ rev (3m)0.67%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)0.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.2 | ||
| Fwd PE | 8.98 | ||
| P/S | 0.27 | ||
| P/FCF | 6.51 | ||
| P/OCF | 3.63 | ||
| P/B | 0.74 | ||
| P/tB | 1.08 | ||
| EV/EBITDA | 5.78 |
EPS(TTM)0.95
EY7.58%
EPS(NY)1.4
Fwd EY11.14%
FCF(TTM)1.93
FCFY15.36%
OCF(TTM)3.46
OCFY27.56%
SpS47.3
BVpS16.86
TBVpS11.64
PEG (NY)0.27
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 | 1.81 |
F-Score7
WACC7.21%
ROIC/WACC0.68
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 Y49.26%
EPS Next 2Y52.6%
EPS Next 3Y32.12%
EPS Next 5Y39.01%
Revenue 1Y (TTM)3.5%
Revenue growth 3Y5.92%
Revenue growth 5Y-1.21%
Sales Q2Q%3.08%
Revenue Next Year0.68%
Revenue Next 2Y0.82%
Revenue Next 3Y0.72%
Revenue Next 5YN/A
EBIT growth 1Y39.39%
EBIT growth 3Y16.16%
EBIT growth 5Y-7.37%
EBIT Next Year198.3%
EBIT Next 3Y46.92%
EBIT Next 5Y39.96%
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.
What is the valuation status of CASCADES INC (CAS.CA) stock?
ChartMill assigns a valuation rating of 6 / 10 to CASCADES INC (CAS.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for CASCADES INC?
CASCADES INC (CAS.CA) has a profitability rating of 4 / 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 13.2 and the Price/Book (PB) ratio is 0.74.
What is the earnings growth outlook for CASCADES INC?
The Earnings per Share (EPS) of CASCADES INC (CAS.CA) is expected to grow by 49.26% in the next year.