CADRE HOLDINGS INC (CDRE) Stock Fundamental Analysis
USA - NYSE:CDRE - US12763L1052 - Common Stock
33.77 USD
-0.53 (-1.55%)
33.77 USD
0 (0%)
Overall CDRE gets a fundamental rating of 6 out of 10. We evaluated CDRE against 69 industry peers in the Aerospace & Defense industry. While CDRE belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. CDRE is not valued too expensively and it also shows a decent growth rate.
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.
In the past 5 years CDRE has always been profitable.
In the past 5 years CDRE always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 4.80%, CDRE is doing good in the industry, outperforming 66.67% of the companies in the same industry.
With a decent Return On Equity value of 11.46%, CDRE is doing good in the industry, outperforming 76.81% of the companies in the same industry.
CDRE has a better Return On Invested Capital (7.10%) 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 8.29%.
| 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
With a decent Profit Margin value of 6.65%, CDRE is doing good in 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.
With a decent Operating Margin value of 12.22%, CDRE is doing good in the industry, outperforming 78.26% of the companies in the same industry.
CDRE's Operating Margin has improved in the last couple of years.
The Gross Margin of CDRE (41.49%) is better than 84.06% of its industry peers.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CDRE is destroying value.
Compared to 1 year ago, CDRE has more shares outstanding
The number of shares outstanding for CDRE has been increased compared to 5 years ago.
Compared to 1 year ago, CDRE has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.25 indicates that CDRE is not in any danger for bankruptcy at the moment.
CDRE has a Altman-Z score of 3.25. This is comparable 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 has a better Debt to FCF ratio (9.51) than 60.87% of its industry peers.
A Debt/Equity ratio of 0.91 indicates that CDRE is somewhat dependend on debt financing.
The Debt to Equity ratio of CDRE (0.91) is worse than 72.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 9.51 | ||
| Altman-Z | 3.25 |
ROIC/WACC0.73
WACC9.75%
2.3 Liquidity
CDRE has a Current Ratio of 3.59. This indicates that CDRE is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of CDRE (3.59) is better than 78.26% 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.
Looking at the Quick ratio, with a value of 2.56, CDRE is in the better half of the industry, outperforming 78.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.59 | ||
| Quick Ratio | 2.56 |
3. Growth
3.1 Past
The earnings per share for CDRE have decreased by -8.74% in the last year.
CDRE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 34.28% yearly.
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 Y38.27%
EPS Next 2Y26.11%
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
Based on the Price/Earnings ratio of 35.93, the valuation of CDRE can be described as expensive.
CDRE's Price/Earnings ratio is a bit cheaper when compared to the industry. CDRE is cheaper than 66.67% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.38, CDRE is valued a bit more expensive.
The Price/Forward Earnings ratio is 23.59, which indicates a rather expensive current valuation of CDRE.
71.01% of the companies in the same industry are more expensive than CDRE, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of CDRE to the average of the S&P500 Index (22.86), we can say CDRE is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.93 | ||
| Fwd PE | 23.59 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CDRE is valued a bit cheaper than 68.12% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CDRE is valued a bit cheaper than 71.01% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.06 | ||
| EV/EBITDA | 17.99 |
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.
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)0.94
PEG (5Y)N/A
EPS Next 2Y26.11%
EPS Next 3Y19.48%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.11%, CDRE has a reasonable but not impressive dividend return.
CDRE's Dividend Yield is rather good when compared to the industry average which is at 1.46. CDRE pays more dividend than 88.41% of the companies in the same industry.
With a Dividend Yield of 1.11, CDRE pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
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 2Y26.11%
EPS Next 3Y19.48%
33.77
-0.53 (-1.55%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners69.4%
Inst Owner Change-0.36%
Ins Owners30.6%
Ins Owner Change0%
Market Cap1.37B
Analysts78.46
Price Target39.27 (16.29%)
Short Float %6.84%
Short Ratio6.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
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)-9.77%
PT rev (3m)-9.77%
EPS NQ rev (1m)-3.2%
EPS NQ rev (3m)-23.74%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.5%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.93 | ||
| Fwd PE | 23.59 | ||
| P/S | 2.4 | ||
| P/FCF | 41.06 | ||
| P/OCF | 35.69 | ||
| P/B | 4.13 | ||
| P/tB | 43.47 | ||
| EV/EBITDA | 17.99 |
EPS(TTM)0.94
EY2.78%
EPS(NY)1.43
Fwd EY4.24%
FCF(TTM)0.82
FCFY2.44%
OCF(TTM)0.95
OCFY2.8%
SpS14.08
BVpS8.18
TBVpS0.78
PEG (NY)0.94
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 | 3.25 |
F-Score5
WACC9.75%
ROIC/WACC0.73
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 Y38.27%
EPS Next 2Y26.11%
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 Year76.73%
EBIT Next 3Y30.01%
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%