CAN IMPERIAL BK OF COMMERCE (CM.CA) Stock Fundamental Analysis
TSX:CM - Toronto Stock Exchange - CA1360691010 - Common Stock - Currency: CAD
Taking everything into account, CM scores 3 out of 10 in our fundamental rating. CM was compared to 29 industry peers in the Banks industry. CM has a bad profitability rating. Also its financial health evaluation is rather negative. CM is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CM was profitable.
In the past year CM had a positive cash flow from operations.
In the past 5 years CM has always been profitable.
CM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
CM has a Return On Assets of 0.69%. This is in the lower half of the industry: CM underperforms 65.52% of its industry peers.
CM has a Return On Equity (12.19%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.69% | ||
| ROE | 12.19% | ||
| ROIC | N/A |
ROA(3y)0.59%
ROA(5y)0.6%
ROE(3y)10.88%
ROE(5y)11.06%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CM's Profit Margin of 27.32% is in line compared to the rest of the industry. CM outperforms 51.72% of its industry peers.
In the last couple of years the Profit Margin of CM has remained more or less at the same level.
CM does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 27.32% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.12%
PM growth 5Y-0.02%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CM does not have a ROIC to compare to the WACC, probably because it is not profitable.
CM has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, CM has more shares outstanding
The debt/assets ratio for CM is higher compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of CM is 7.47, which is on the high side as it means it would take CM, 7.47 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 7.47, CM is in line with its industry, outperforming 55.17% of the companies in the same industry.
A Debt/Equity ratio of 2.74 is on the high side and indicates that CM has dependencies on debt financing.
CM has a Debt to Equity ratio of 2.74. This is amonst the worse of the industry: CM underperforms 86.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.74 | ||
| Debt/FCF | 7.47 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC16.13%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 21.65% over the past year.
The Earnings Per Share has been growing slightly by 4.42% on average over the past years.
Looking at the last year, CM shows a quite strong growth in Revenue. The Revenue has grown by 14.30% in the last year.
Measured over the past years, CM shows a small growth in Revenue. The Revenue has been growing by 6.59% on average per year.
EPS 1Y (TTM)21.65%
EPS 3Y0.75%
EPS 5Y4.42%
EPS Q2Q%17.14%
Revenue 1Y (TTM)14.3%
Revenue growth 3Y8.56%
Revenue growth 5Y6.59%
Sales Q2Q%13.92%
3.2 Future
Based on estimates for the next years, CM will show a small growth in Earnings Per Share. The EPS will grow by 7.75% on average per year.
The Revenue is expected to grow by 4.36% on average over the next years.
EPS Next Y11.92%
EPS Next 2Y9.33%
EPS Next 3Y7.75%
EPS Next 5YN/A
Revenue Next Year10.8%
Revenue Next 2Y6.71%
Revenue Next 3Y5.44%
Revenue Next 5Y4.36%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
CM is valuated correctly with a Price/Earnings ratio of 12.33.
CM's Price/Earnings ratio is a bit more expensive when compared to the industry. CM is more expensive than 79.31% of the companies in the same industry.
When comparing the Price/Earnings ratio of CM to the average of the S&P500 Index (27.03), we can say CM is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 11.28, the valuation of CM can be described as reasonable.
Based on the Price/Forward Earnings ratio, CM is valued expensively inside the industry as 82.76% of the companies are valued cheaper.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.28, CM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.33 | ||
| Fwd PE | 11.28 |
4.2 Price Multiples
CM's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. CM is more expensive than 62.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.11 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.03
PEG (5Y)2.79
EPS Next 2Y9.33%
EPS Next 3Y7.75%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.85%, CM has a reasonable but not impressive dividend return.
CM's Dividend Yield is slightly below the industry average, which is at 4.60.
CM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
5.2 History
The dividend of CM has a limited annual growth rate of 3.04%.
CM has been paying a dividend for at least 10 years, so it has a reliable track record.
CM has decreased its dividend recently.
Dividend Growth(5Y)3.04%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
49.64% of the earnings are spent on dividend by CM. This is a bit on the high side, but may be sustainable.
CM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP49.64%
EPS Next 2Y9.33%
EPS Next 3Y7.75%
TSX:CM (8/5/2025, 7:00:00 PM)
99.77
+0.7 (+0.71%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners54.56%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap92.94B
Analysts75.83
Price Target102.83 (3.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
Yearly Dividend3.15
Dividend Growth(5Y)3.04%
DP49.64%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.87%
Min EPS beat(2)5.12%
Max EPS beat(2)8.63%
EPS beat(4)4
Avg EPS beat(4)6.32%
Min EPS beat(4)3.88%
Max EPS beat(4)8.63%
EPS beat(8)6
Avg EPS beat(8)2.72%
EPS beat(12)8
Avg EPS beat(12)0.84%
EPS beat(16)10
Avg EPS beat(16)1.19%
Revenue beat(2)1
Avg Revenue beat(2)0.99%
Min Revenue beat(2)-1.14%
Max Revenue beat(2)3.13%
Revenue beat(4)2
Avg Revenue beat(4)0.98%
Min Revenue beat(4)-1.14%
Max Revenue beat(4)3.13%
Revenue beat(8)2
Avg Revenue beat(8)-0.49%
Revenue beat(12)3
Avg Revenue beat(12)-1.23%
Revenue beat(16)4
Avg Revenue beat(16)-1.04%
PT rev (1m)0.33%
PT rev (3m)6.17%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.56%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.06%
Revenue NY rev (1m)0.55%
Revenue NY rev (3m)0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.33 | ||
| Fwd PE | 11.28 | ||
| P/S | 3.38 | ||
| P/FCF | 4.11 | ||
| P/OCF | 3.92 | ||
| P/B | 1.51 | ||
| P/tB | 1.74 | ||
| EV/EBITDA | N/A |
EPS(TTM)8.09
EY8.11%
EPS(NY)8.85
Fwd EY8.87%
FCF(TTM)24.27
FCFY24.33%
OCF(TTM)25.46
OCFY25.52%
SpS29.55
BVpS66.2
TBVpS57.38
PEG (NY)1.03
PEG (5Y)2.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.69% | ||
| ROE | 12.19% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.32% | ||
| GM | N/A | ||
| FCFM | 82.14% |
ROA(3y)0.59%
ROA(5y)0.6%
ROE(3y)10.88%
ROE(5y)11.06%
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 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.12%
PM growth 5Y-0.02%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.74 | ||
| Debt/FCF | 7.47 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 94.37% | ||
| Cap/Sales | 4.02% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 300.64% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC16.13%
ROIC/WACCN/A
Cap/Depr(3y)95.9%
Cap/Depr(5y)79.86%
Cap/Sales(3y)4.56%
Cap/Sales(5y)3.9%
Profit Quality(3y)246.24%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)21.65%
EPS 3Y0.75%
EPS 5Y4.42%
EPS Q2Q%17.14%
EPS Next Y11.92%
EPS Next 2Y9.33%
EPS Next 3Y7.75%
EPS Next 5YN/A
Revenue 1Y (TTM)14.3%
Revenue growth 3Y8.56%
Revenue growth 5Y6.59%
Sales Q2Q%13.92%
Revenue Next Year10.8%
Revenue Next 2Y6.71%
Revenue Next 3Y5.44%
Revenue Next 5Y4.36%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y1.81%
FCF growth 3YN/A
FCF growth 5Y-11.45%
OCF growth 1Y1.54%
OCF growth 3YN/A
OCF growth 5Y-9.86%