CHEMOURS CO/THE (CC) Stock Fundamental Analysis
NYSE:CC - New York Stock Exchange, Inc. - US1638511089 - Common Stock - Currency: USD
CC gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 85 industry peers in the Chemicals industry. CC has a bad profitability rating. Also its financial health evaluation is rather negative. CC scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year CC was profitable.
CC had a negative operating cash flow in the past year.
Of the past 5 years CC 4 years were profitable.
CC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
CC's Return On Assets of 0.42% is in line compared to the rest of the industry. CC outperforms 44.71% of its industry peers.
CC has a Return On Equity of 5.35%. This is comparable to the rest of the industry: CC outperforms 57.65% of its industry peers.
CC has a Return On Invested Capital (5.05%) which is comparable to the rest of the 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.
The Operating Margin of CC (7.36%) is comparable to the rest of the industry.
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
CC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
CC has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CC has been reduced compared to 5 years ago.
The debt/assets ratio for CC is higher compared to a year ago.
2.2 Solvency
CC has an Altman-Z score of 1.63. This is a bad value and indicates that CC is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of CC (1.63) is worse than 63.53% of its industry peers.
CC has a Debt/Equity ratio of 7.02. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of CC (7.02) is worse than 92.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.02 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.63 |
ROIC/WACC0.66
WACC7.69%
2.3 Liquidity
A Current Ratio of 1.75 indicates that CC should not have too much problems paying its short term obligations.
CC has a Current ratio (1.75) which is in line with its industry peers.
A Quick Ratio of 0.83 indicates that CC may have some problems paying its short term obligations.
With a Quick ratio value of 0.83, CC is not doing good in the industry: 74.12% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
The earnings per share for CC have decreased strongly by -56.78% in the last year.
CC shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -13.51% yearly.
Looking at the last year, CC shows a decrease in Revenue. The Revenue has decreased by -0.68% in the last year.
CC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.91% yearly.
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 34.46% yearly.
Based on estimates for the next years, CC will show a small growth in Revenue. The Revenue will grow by 3.64% on average per year.
EPS Next Y40.43%
EPS Next 2Y44.4%
EPS Next 3Y34.46%
EPS Next 5YN/A
Revenue Next Year2.14%
Revenue Next 2Y2.96%
Revenue Next 3Y3.64%
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 10.33 indicates a reasonable valuation of CC.
Based on the Price/Earnings ratio, CC is valued cheaply inside the industry as 84.71% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of CC to the average of the S&P500 Index (26.03), we can say CC is valued rather cheaply.
With a Price/Forward Earnings ratio of 4.18, the valuation of CC can be described as very cheap.
Based on the Price/Forward Earnings ratio, CC is valued cheaply inside the industry as 97.65% of the companies are valued more expensively.
CC is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.33 | ||
| Fwd PE | 4.18 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CC is valued a bit cheaper than the industry average as 78.82% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7 |
4.3 Compensation for Growth
CC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CC's earnings are expected to grow with 34.46% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y44.4%
EPS Next 3Y34.46%
5. Dividend
5.1 Amount
CC has a Yearly Dividend Yield of 3.17%.
In the last 3 months the price of CC has falen by -37.11%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
CC's Dividend Yield is a higher than the industry average which is at 3.70.
CC's Dividend Yield is a higher than the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.17% |
5.2 History
The dividend of CC has a limited annual growth rate of 0.25%.
CC has been paying a dividend for at least 10 years, so it has a reliable track record.
CC has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
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.
The dividend of CC is growing, but earnings are growing more, so the dividend growth is sustainable.
DP477.42%
EPS Next 2Y44.4%
EPS Next 3Y34.46%
10.54
-0.63 (-5.64%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners86.05%
Inst Owner Change11.29%
Ins Owners0.3%
Ins Owner Change13.84%
Market Cap1.58B
Analysts73.68
Price Target21.11 (100.28%)
Short Float %8.57%
Short Ratio3.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.17% |
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)-12.29%
PT rev (3m)-19.77%
EPS NQ rev (1m)-13.4%
EPS NQ rev (3m)-20.91%
EPS NY rev (1m)-10.23%
EPS NY rev (3m)-22.71%
Revenue NQ rev (1m)-0.68%
Revenue NQ rev (3m)-2.25%
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-2.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.33 | ||
| Fwd PE | 4.18 | ||
| P/S | 0.27 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.72 | ||
| P/tB | 2.97 | ||
| EV/EBITDA | 7 |
EPS(TTM)1.02
EY9.68%
EPS(NY)2.52
Fwd EY23.94%
FCF(TTM)-5.33
FCFYN/A
OCF(TTM)-3.04
OCFYN/A
SpS38.82
BVpS3.87
TBVpS3.55
PEG (NY)0.26
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 | 1.63 |
F-Score4
WACC7.69%
ROIC/WACC0.66
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 Y40.43%
EPS Next 2Y44.4%
EPS Next 3Y34.46%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.68%
Revenue growth 3Y-3.05%
Revenue growth 5Y0.91%
Sales Q2Q%1.33%
Revenue Next Year2.14%
Revenue Next 2Y2.96%
Revenue Next 3Y3.64%
Revenue Next 5YN/A
EBIT growth 1Y318.97%
EBIT growth 3Y-12.49%
EBIT growth 5Y0.99%
EBIT Next Year106.78%
EBIT Next 3Y37.08%
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