CLEARWATER PAPER CORP (CLW)
US18538R1032 - Common Stock
We assign a fundamental rating of 5 out of 10 to CLW. CLW was compared to 9 industry peers in the Paper & Forest Products industry. CLW has only an average score on both its financial health and profitability. CLW is valued quite cheap, while showing a decent growth score. This is a good combination! With these ratings, CLW could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
In the past year CLW was profitable.
CLW had a positive operating cash flow in the past year.
In multiple years CLW reported negative net income over the last 5 years.
In the past 5 years CLW always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CLW (6.02%) is comparable to the rest of the industry.
CLW's Return On Equity of 14.77% is fine compared to the rest of the industry. CLW outperforms 66.67% of its industry peers.
CLW has a Return On Invested Capital of 8.86%. This is in the better half of the industry: CLW outperforms 66.67% of its industry peers.
CLW had an Average Return On Invested Capital over the past 3 years of 6.14%. This is significantly below the industry average of 11.23%.
The 3 year average ROIC (6.14%) for CLW is below the current ROIC(8.86%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.02% | ||
| ROE | 14.77% | ||
| ROIC | 8.86% |
ROA(3y)2.49%
ROA(5y)2.29%
ROE(3y)6.22%
ROE(5y)6.43%
ROIC(3y)6.14%
ROIC(5y)5.52%
1.3 Margins
Looking at the Profit Margin, with a value of 4.92%, CLW is in line with its industry, outperforming 55.56% of the companies in the same industry.
In the last couple of years the Profit Margin of CLW has grown nicely.
CLW has a Operating Margin (8.63%) which is in line with its industry peers.
CLW's Operating Margin has improved in the last couple of years.
CLW has a Gross Margin (16.00%) which is in line with its industry peers.
CLW's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.63% | ||
| PM (TTM) | 4.92% | ||
| GM | 16% |
OM growth 3Y0.47%
OM growth 5Y15.4%
PM growth 3Y7.81%
PM growth 5YN/A
GM growth 3Y0.29%
GM growth 5Y8.02%
2. Health
2.1 Basic Checks
CLW has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, CLW has less shares outstanding
Compared to 5 years ago, CLW has about the same amount of shares outstanding.
CLW has a better debt/assets ratio than last year.
2.2 Solvency
CLW has an Altman-Z score of 2.80. This is not the best score and indicates that CLW is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of CLW (2.80) is better than 66.67% of its industry peers.
The Debt to FCF ratio of CLW is 2.35, which is a good value as it means it would take CLW, 2.35 years of fcf income to pay off all of its debts.
CLW has a better Debt to FCF ratio (2.35) than 88.89% of its industry peers.
CLW has a Debt/Equity ratio of 0.65. This is a neutral value indicating CLW is somewhat dependend on debt financing.
CLW has a better Debt to Equity ratio (0.65) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 2.35 | ||
| Altman-Z | 2.8 |
ROIC/WACC1.17
WACC7.6%
2.3 Liquidity
A Current Ratio of 1.91 indicates that CLW should not have too much problems paying its short term obligations.
The Current ratio of CLW (1.91) is comparable to the rest of the industry.
CLW has a Quick Ratio of 1.91. This is a bad value and indicates that CLW is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.82, CLW is not doing good in the industry: 77.78% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.91 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 63.26% over the past year.
CLW shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.59% yearly.
CLW shows a decrease in Revenue. In the last year, the revenue decreased by -3.01%.
The Revenue has been growing slightly by 3.85% on average over the past years.
EPS 1Y (TTM)63.26%
EPS 3Y8.53%
EPS 5Y21.59%
EPS growth Q2Q-2.72%
Revenue 1Y (TTM)-3.01%
Revenue growth 3Y3.68%
Revenue growth 5Y3.85%
Revenue growth Q2Q-5.56%
3.2 Future
Based on estimates for the next years, CLW will show a very negative growth in Earnings Per Share. The EPS will decrease by -14.55% on average per year.
The Revenue is expected to grow by 13.48% on average over the next years. This is quite good.
EPS Next Y-48.38%
EPS Next 2Y-14.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year12.16%
Revenue Next 2Y13.48%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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 6.69, the valuation of CLW can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of CLW indicates a rather cheap valuation: CLW is cheaper than 88.89% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CLW to the average of the S&P500 Index (28.06), we can say CLW is valued rather cheaply.
CLW is valuated reasonably with a Price/Forward Earnings ratio of 9.10.
Based on the Price/Forward Earnings ratio, CLW is valued cheaper than 100.00% of the companies in the same industry.
CLW is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.69 | ||
| Fwd PE | 9.1 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CLW indicates a rather cheap valuation: CLW is cheaper than 88.89% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CLW indicates a rather cheap valuation: CLW is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.96 | ||
| EV/EBITDA | 4.11 |
4.3 Compensation for Growth
CLW has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as CLW's earnings are expected to decrease with -14.55% in the coming years.
PEG (NY)N/A
PEG (5Y)0.31
EPS Next 2Y-14.55%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for CLW!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
CLEARWATER PAPER CORP
NYSE:CLW (5/2/2024, 7:04:00 PM)
After market: 44.86 0 (0%)44.86
+0.38 (+0.85%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryPaper & Forest Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap745.57M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.69 | ||
| Fwd PE | 9.1 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.02% | ||
| ROE | 14.77% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 8.63% | ||
| PM (TTM) | 4.92% | ||
| GM | 16% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.91 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)63.26%
EPS 3Y8.53%
EPS 5Y
EPS growth Q2Q
EPS Next Y-48.38%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-3.01%
Revenue growth 3Y3.68%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y