CHEMOURS CO/THE (CC) Stock Fundamental Analysis
NYSE:CC - New York Stock Exchange, Inc. - US1638511089 - Common Stock - Currency: USD
We assign a fundamental rating of 3 out of 10 to CC. CC was compared to 85 industry peers in the Chemicals industry. CC has a bad profitability rating. Also its financial health evaluation is rather negative. CC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CC was profitable.
In the past year CC has reported a negative cash flow from operations.
CC had positive earnings in 4 of the past 5 years.
Of the past 5 years CC 4 years had a positive operating cash flow.
1.2 Ratios
CC has a Return On Assets (0.42%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 5.35%, CC is in line with its industry, outperforming 60.00% of the companies in the same industry.
With a Return On Invested Capital value of 5.05%, CC perfoms like the industry average, outperforming 55.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 5.35% | ||
| ROIC | 5.05% |
ROA(3y)1.94%
ROA(5y)3.39%
ROE(3y)11.39%
ROE(5y)23.47%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CC has a Profit Margin (0.53%) which is in line with its industry peers.
CC's Profit Margin has declined in the last couple of years.
CC has a Operating Margin of 7.36%. This is comparable to the rest of the industry: CC outperforms 41.18% of its industry peers.
In the last couple of years the Operating Margin of CC has remained more or less at the same level.
CC has a Gross Margin of 18.98%. This is in the lower half of the industry: CC underperforms 69.41% of its industry peers.
In the last couple of years the Gross Margin of CC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.36% | ||
| PM (TTM) | 0.53% | ||
| GM | 18.98% |
OM growth 3Y-9.74%
OM growth 5Y0.08%
PM growth 3Y-46.26%
PM growth 5YN/A
GM growth 3Y-2.93%
GM growth 5Y0.69%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CC is destroying value.
The number of shares outstanding for CC has been increased compared to 1 year ago.
CC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CC has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.68, we must say that CC is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.68, CC is not doing good in the industry: 61.18% of the companies in the same industry are doing better.
CC has a Debt/Equity ratio of 7.02. This is a high value indicating a heavy dependency on external financing.
CC has a Debt to Equity ratio of 7.02. This is amonst the worse of the industry: CC underperforms 92.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.02 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.68 |
ROIC/WACC0.63
WACC8.05%
2.3 Liquidity
CC has a Current Ratio of 1.75. This is a normal value and indicates that CC is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.75, CC is doing worse than 60.00% of the companies in the same industry.
A Quick Ratio of 0.83 indicates that CC may have some problems paying its short term obligations.
CC has a Quick ratio of 0.83. This is in the lower half of the industry: CC underperforms 76.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
CC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -56.78%.
Measured over the past years, CC shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -13.51% on average per year.
Looking at the last year, CC shows a decrease in Revenue. The Revenue has decreased by -0.68% in the last year.
Measured over the past years, CC shows a small growth in Revenue. The Revenue has been growing by 0.91% on average per year.
EPS 1Y (TTM)-56.78%
EPS 3Y-32.82%
EPS 5Y-13.51%
EPS Q2Q%-59.37%
Revenue 1Y (TTM)-0.68%
Revenue growth 3Y-3.05%
Revenue growth 5Y0.91%
Sales Q2Q%1.33%
3.2 Future
CC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.99% yearly.
The Revenue is expected to grow by 3.73% on average over the next years.
EPS Next Y31.01%
EPS Next 2Y43.21%
EPS Next 3Y32.99%
EPS Next 5YN/A
Revenue Next Year2.43%
Revenue Next 2Y3.06%
Revenue Next 3Y3.73%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 13.55 indicates a correct valuation of CC.
Compared to the rest of the industry, the Price/Earnings ratio of CC indicates a somewhat cheap valuation: CC is cheaper than 75.29% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CC to the average of the S&P500 Index (27.41), we can say CC is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 5.57, the valuation of CC can be described as very cheap.
Based on the Price/Forward Earnings ratio, CC is valued cheaper than 97.65% of the companies in the same industry.
CC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.55 | ||
| Fwd PE | 5.57 |
4.2 Price Multiples
76.47% of the companies in the same industry are more expensive than CC, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.67 |
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.
A more expensive valuation may be justified as CC's earnings are expected to grow with 32.99% in the coming years.
PEG (NY)0.44
PEG (5Y)N/A
EPS Next 2Y43.21%
EPS Next 3Y32.99%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.49%, CC has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.53, CC pays a bit more dividend than its industry peers.
CC's Dividend Yield is comparable with the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.49% |
5.2 History
The dividend of CC has a limited annual growth rate of 0.25%.
CC has paid a dividend for at least 10 years, which is a reliable track record.
As CC did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)0.25%
Div Incr Years0
Div Non Decr Years8
5.3 Sustainability
CC pays out 477.42% of its income as dividend. This is not a sustainable payout ratio.
CC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP477.42%
EPS Next 2Y43.21%
EPS Next 3Y32.99%
13.82
-0.23 (-1.64%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners95.09%
Inst Owner Change0%
Ins Owners0.44%
Ins Owner Change14.5%
Market Cap2.07B
Analysts74.44
Price Target15.43 (11.65%)
Short Float %9.63%
Short Ratio3.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.49% |
Yearly Dividend0.99
Dividend Growth(5Y)0.25%
DP477.42%
Div Incr Years0
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-24.43%
Min EPS beat(2)-40.66%
Max EPS beat(2)-8.2%
EPS beat(4)1
Avg EPS beat(4)-11.89%
Min EPS beat(4)-40.66%
Max EPS beat(4)36.8%
EPS beat(8)3
Avg EPS beat(8)3.61%
EPS beat(12)6
Avg EPS beat(12)6.3%
EPS beat(16)9
Avg EPS beat(16)9.91%
Revenue beat(2)0
Avg Revenue beat(2)-1.22%
Min Revenue beat(2)-1.79%
Max Revenue beat(2)-0.64%
Revenue beat(4)1
Avg Revenue beat(4)-0.94%
Min Revenue beat(4)-2.41%
Max Revenue beat(4)1.08%
Revenue beat(8)2
Avg Revenue beat(8)-2.03%
Revenue beat(12)6
Avg Revenue beat(12)-0.64%
Revenue beat(16)9
Avg Revenue beat(16)0.46%
PT rev (1m)1.21%
PT rev (3m)-35.91%
EPS NQ rev (1m)-9.99%
EPS NQ rev (3m)-22.09%
EPS NY rev (1m)-6.71%
EPS NY rev (3m)-18.64%
Revenue NQ rev (1m)0.74%
Revenue NQ rev (3m)0.25%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.55 | ||
| Fwd PE | 5.57 | ||
| P/S | 0.36 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 3.57 | ||
| P/tB | 3.9 | ||
| EV/EBITDA | 7.67 |
EPS(TTM)1.02
EY7.38%
EPS(NY)2.48
Fwd EY17.96%
FCF(TTM)-5.33
FCFYN/A
OCF(TTM)-3.04
OCFYN/A
SpS38.76
BVpS3.87
TBVpS3.55
PEG (NY)0.44
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.42% | ||
| ROE | 5.35% | ||
| ROCE | 7.46% | ||
| ROIC | 5.05% | ||
| ROICexc | 5.5% | ||
| ROICexgc | 5.55% | ||
| OM | 7.36% | ||
| PM (TTM) | 0.53% | ||
| GM | 18.98% | ||
| FCFM | N/A |
ROA(3y)1.94%
ROA(5y)3.39%
ROE(3y)11.39%
ROE(5y)23.47%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-17.6%
ROICexcg growth 5Y-0.48%
ROICexc growth 3Y-17.16%
ROICexc growth 5Y0.07%
OM growth 3Y-9.74%
OM growth 5Y0.08%
PM growth 3Y-46.26%
PM growth 5YN/A
GM growth 3Y-2.93%
GM growth 5Y0.69%
F-Score4
Asset Turnover0.78
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.02 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.46 | ||
| Cap/Depr | 107.55% | ||
| Cap/Sales | 5.9% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.75 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 1.68 |
F-Score4
WACC8.05%
ROIC/WACC0.63
Cap/Depr(3y)115.21%
Cap/Depr(5y)103.29%
Cap/Sales(3y)5.63%
Cap/Sales(5y)5.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-56.78%
EPS 3Y-32.82%
EPS 5Y-13.51%
EPS Q2Q%-59.37%
EPS Next Y31.01%
EPS Next 2Y43.21%
EPS Next 3Y32.99%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.68%
Revenue growth 3Y-3.05%
Revenue growth 5Y0.91%
Sales Q2Q%1.33%
Revenue Next Year2.43%
Revenue Next 2Y3.06%
Revenue Next 3Y3.73%
Revenue Next 5YN/A
EBIT growth 1Y318.97%
EBIT growth 3Y-12.49%
EBIT growth 5Y0.99%
EBIT Next Year98.66%
EBIT Next 3Y35.71%
EBIT Next 5YN/A
FCF growth 1Y-333.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-171.88%
OCF growth 3YN/A
OCF growth 5YN/A