CADRE HOLDINGS INC (CDRE) Stock Fundamental Analysis
USA - NYSE:CDRE - US12763L1052 - Common Stock
40.99 USD
+0.4 (+0.99%)
40.99 USD
0 (0%)
Taking everything into account, CDRE scores 5 out of 10 in our fundamental rating. CDRE was compared to 69 industry peers in the Aerospace & Defense industry. CDRE scores excellent on profitability, but there are some minor concerns on its financial health. CDRE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
CDRE had positive earnings in the past year.
In the past year CDRE had a positive cash flow from operations.
Each year in the past 5 years CDRE has been profitable.
CDRE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CDRE has a Return On Assets of 4.80%. This is in the better half of the industry: CDRE outperforms 66.67% of its industry peers.
The Return On Equity of CDRE (11.46%) is better than 76.81% of its industry peers.
The Return On Invested Capital of CDRE (7.10%) is better than 65.22% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CDRE is in line with the industry average of 8.33%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.8% | ||
| ROE | 11.46% | ||
| ROIC | 7.1% |
ROA(3y)5.33%
ROA(5y)6.73%
ROE(3y)11.56%
ROE(5y)96.32%
ROIC(3y)8.67%
ROIC(5y)11.97%
1.3 Margins
Looking at the Profit Margin, with a value of 6.65%, CDRE is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Profit Margin of CDRE has grown nicely.
Looking at the Operating Margin, with a value of 12.22%, CDRE is in the better half of the industry, outperforming 78.26% of the companies in the same industry.
CDRE's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 41.49%, CDRE belongs to the best of the industry, outperforming 82.61% of the companies in the same industry.
In the last couple of years the Gross Margin of CDRE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.22% | ||
| PM (TTM) | 6.65% | ||
| GM | 41.49% |
OM growth 3Y-0.25%
OM growth 5Y8.48%
PM growth 3Y28.91%
PM growth 5YN/A
GM growth 3Y0.98%
GM growth 5Y3.46%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CDRE is destroying value.
Compared to 1 year ago, CDRE has more shares outstanding
Compared to 5 years ago, CDRE has more shares outstanding
The debt/assets ratio for CDRE is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.61 indicates that CDRE is not in any danger for bankruptcy at the moment.
CDRE's Altman-Z score of 3.61 is in line compared to the rest of the industry. CDRE outperforms 49.28% of its industry peers.
CDRE has a debt to FCF ratio of 9.51. This is a negative value and a sign of low solvency as CDRE would need 9.51 years to pay back of all of its debts.
CDRE's Debt to FCF ratio of 9.51 is fine compared to the rest of the industry. CDRE outperforms 60.87% of its industry peers.
A Debt/Equity ratio of 0.91 indicates that CDRE is somewhat dependend on debt financing.
CDRE's Debt to Equity ratio of 0.91 is on the low side compared to the rest of the industry. CDRE is outperformed by 72.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 9.51 | ||
| Altman-Z | 3.61 |
ROIC/WACC0.74
WACC9.65%
2.3 Liquidity
A Current Ratio of 3.59 indicates that CDRE has no problem at all paying its short term obligations.
CDRE's Current ratio of 3.59 is fine compared to the rest of the industry. CDRE outperforms 79.71% of its industry peers.
CDRE has a Quick Ratio of 2.56. This indicates that CDRE is financially healthy and has no problem in meeting its short term obligations.
CDRE has a better Quick ratio (2.56) than 79.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.59 | ||
| Quick Ratio | 2.56 |
3. Growth
3.1 Past
CDRE shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.74%.
The Earnings Per Share has been growing by 34.28% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 7.66% in the past year.
CDRE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.17% yearly.
EPS 1Y (TTM)-8.74%
EPS 3Y34.28%
EPS 5YN/A
EPS Q2Q%-3.23%
Revenue 1Y (TTM)7.66%
Revenue growth 3Y9.92%
Revenue growth 5Y6.17%
Sales Q2Q%8.87%
3.2 Future
The Earnings Per Share is expected to grow by 19.48% on average over the next years. This is quite good.
Based on estimates for the next years, CDRE will show a quite strong growth in Revenue. The Revenue will grow by 8.99% on average per year.
EPS Next Y41.99%
EPS Next 2Y27.24%
EPS Next 3Y19.48%
EPS Next 5YN/A
Revenue Next Year11.34%
Revenue Next 2Y9.51%
Revenue Next 3Y8.99%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
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 43.61 indicates a quite expensive valuation of CDRE.
Based on the Price/Earnings ratio, CDRE is valued a bit cheaper than the industry average as 62.32% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.31, CDRE is valued quite expensively.
Based on the Price/Forward Earnings ratio of 28.13, the valuation of CDRE can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CDRE indicates a somewhat cheap valuation: CDRE is cheaper than 66.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.85, CDRE is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.61 | ||
| Fwd PE | 28.13 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CDRE indicates a somewhat cheap valuation: CDRE is cheaper than 65.22% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CDRE is valued a bit cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 49.84 | ||
| EV/EBITDA | 21.2 |
4.3 Compensation for Growth
CDRE's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of CDRE may justify a higher PE ratio.
A more expensive valuation may be justified as CDRE's earnings are expected to grow with 19.48% in the coming years.
PEG (NY)1.04
PEG (5Y)N/A
EPS Next 2Y27.24%
EPS Next 3Y19.48%
5. Dividend
5.1 Amount
With a yearly dividend of 0.99%, CDRE is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.16, CDRE pays a better dividend. On top of this CDRE pays more dividend than 86.96% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, CDRE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
5.2 History
CDRE has been paying a dividend for over 5 years, so it has already some track record.
CDRE has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years3
5.3 Sustainability
38.92% of the earnings are spent on dividend by CDRE. This is a low number and sustainable payout ratio.
DP38.92%
EPS Next 2Y27.24%
EPS Next 3Y19.48%
40.99
+0.4 (+0.99%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners69.62%
Inst Owner Change-0.02%
Ins Owners29.12%
Ins Owner Change-0.02%
Market Cap1.67B
Analysts78.46
Price Target39.27 (-4.2%)
Short Float %6.85%
Short Ratio5.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
Yearly Dividend0.36
Dividend Growth(5Y)N/A
DP38.92%
Div Incr Years1
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)49.6%
Min EPS beat(2)11.29%
Max EPS beat(2)87.91%
EPS beat(4)3
Avg EPS beat(4)27.62%
Min EPS beat(4)-31.8%
Max EPS beat(4)87.91%
EPS beat(8)6
Avg EPS beat(8)20.75%
EPS beat(12)8
Avg EPS beat(12)16%
EPS beat(16)10
Avg EPS beat(16)32.32%
Revenue beat(2)2
Avg Revenue beat(2)2.38%
Min Revenue beat(2)0.27%
Max Revenue beat(2)4.48%
Revenue beat(4)3
Avg Revenue beat(4)-2.33%
Min Revenue beat(4)-15.05%
Max Revenue beat(4)4.48%
Revenue beat(8)6
Avg Revenue beat(8)0.05%
Revenue beat(12)9
Avg Revenue beat(12)0.71%
Revenue beat(16)11
Avg Revenue beat(16)0.59%
PT rev (1m)0%
PT rev (3m)-9.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-22.39%
EPS NY rev (1m)2.69%
EPS NY rev (3m)1.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.8%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.61 | ||
| Fwd PE | 28.13 | ||
| P/S | 2.91 | ||
| P/FCF | 49.84 | ||
| P/OCF | 43.32 | ||
| P/B | 5.01 | ||
| P/tB | 52.76 | ||
| EV/EBITDA | 21.2 |
EPS(TTM)0.94
EY2.29%
EPS(NY)1.46
Fwd EY3.55%
FCF(TTM)0.82
FCFY2.01%
OCF(TTM)0.95
OCFY2.31%
SpS14.08
BVpS8.18
TBVpS0.78
PEG (NY)1.04
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.8% | ||
| ROE | 11.46% | ||
| ROCE | 10.17% | ||
| ROIC | 7.1% | ||
| ROICexc | 8.87% | ||
| ROICexgc | 19.55% | ||
| OM | 12.22% | ||
| PM (TTM) | 6.65% | ||
| GM | 41.49% | ||
| FCFM | 5.84% |
ROA(3y)5.33%
ROA(5y)6.73%
ROE(3y)11.56%
ROE(5y)96.32%
ROIC(3y)8.67%
ROIC(5y)11.97%
ROICexc(3y)11.24%
ROICexc(5y)14.1%
ROICexgc(3y)24.24%
ROICexgc(5y)30.41%
ROCE(3y)12.41%
ROCE(5y)17.14%
ROICexcg growth 3Y-11.18%
ROICexcg growth 5Y5.68%
ROICexc growth 3Y-14.82%
ROICexc growth 5Y2.49%
OM growth 3Y-0.25%
OM growth 5Y8.48%
PM growth 3Y28.91%
PM growth 5YN/A
GM growth 3Y0.98%
GM growth 5Y3.46%
F-Score5
Asset Turnover0.72
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 9.51 | ||
| Debt/EBITDA | 3.49 | ||
| Cap/Depr | 30.73% | ||
| Cap/Sales | 0.88% | ||
| Interest Coverage | 4.33 | ||
| Cash Conversion | 44.54% | ||
| Profit Quality | 87.78% | ||
| Current Ratio | 3.59 | ||
| Quick Ratio | 2.56 | ||
| Altman-Z | 3.61 |
F-Score5
WACC9.65%
ROIC/WACC0.74
Cap/Depr(3y)35.32%
Cap/Depr(5y)31.71%
Cap/Sales(3y)1.12%
Cap/Sales(5y)1.04%
Profit Quality(3y)322.36%
Profit Quality(5y)273.24%
High Growth Momentum
Growth
EPS 1Y (TTM)-8.74%
EPS 3Y34.28%
EPS 5YN/A
EPS Q2Q%-3.23%
EPS Next Y41.99%
EPS Next 2Y27.24%
EPS Next 3Y19.48%
EPS Next 5YN/A
Revenue 1Y (TTM)7.66%
Revenue growth 3Y9.92%
Revenue growth 5Y6.17%
Sales Q2Q%8.87%
Revenue Next Year11.34%
Revenue Next 2Y9.51%
Revenue Next 3Y8.99%
Revenue Next 5YN/A
EBIT growth 1Y6.25%
EBIT growth 3Y9.65%
EBIT growth 5Y15.18%
EBIT Next Year72.55%
EBIT Next 3Y29.43%
EBIT Next 5YN/A
FCF growth 1Y-26.08%
FCF growth 3Y-11.18%
FCF growth 5Y43.24%
OCF growth 1Y-22.52%
OCF growth 3Y-7.45%
OCF growth 5Y33.8%