CAN IMPERIAL BK OF COMMERCE (CM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CM - CA1360691010 - Common Stock
92.96 USD
+0.41 (+0.44%)
92.96 USD
0 (0%)
CM gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 388 industry peers in the Banks industry. There are concerns on the financial health of CM while its profitability can be described as average. CM is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CM had positive earnings in the past year.
In the past year CM had a positive cash flow from operations.
CM had positive earnings in each of the past 5 years.
CM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of CM (0.72%) is worse than 63.92% of its industry peers.
CM has a Return On Equity of 12.58%. This is amongst the best in the industry. CM outperforms 84.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 12.58% | ||
| ROIC | N/A |
ROA(3y)0.62%
ROA(5y)0.65%
ROE(3y)11.06%
ROE(5y)11.8%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 27.68%, CM is in the better half of the industry, outperforming 68.81% of the companies in the same industry.
In the last couple of years the Profit Margin of CM has grown nicely.
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) | 27.68% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-0.03%
PM growth 5Y7.18%
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.
Compared to 1 year ago, CM has less shares outstanding
CM has more shares outstanding than it did 5 years ago.
CM has a worse debt/assets ratio than last year.
2.2 Solvency
CM has a debt to FCF ratio of 13.21. This is a negative value and a sign of low solvency as CM would need 13.21 years to pay back of all of its debts.
CM has a worse Debt to FCF ratio (13.21) than 80.41% of its industry peers.
CM has a Debt/Equity ratio of 2.62. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of CM (2.62) is worse than 90.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.62 | ||
| Debt/FCF | 13.21 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.74%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.49%, which is quite good.
The Earnings Per Share has been growing by 12.24% on average over the past years. This is quite good.
The Revenue has grown by 13.77% in the past year. This is quite good.
Measured over the past years, CM shows a quite strong growth in Revenue. The Revenue has been growing by 9.22% on average per year.
EPS 1Y (TTM)16.49%
EPS 3Y6.93%
EPS 5Y12.24%
EPS Q2Q%15.71%
Revenue 1Y (TTM)13.77%
Revenue growth 3Y10.09%
Revenue growth 5Y9.22%
Sales Q2Q%14.49%
3.2 Future
The Earnings Per Share is expected to decrease by -0.01% on average over the next years.
The Revenue is expected to grow by 1.73% on average over the next years.
EPS Next Y13.71%
EPS Next 2Y11.95%
EPS Next 3Y10.64%
EPS Next 5Y-0.01%
Revenue Next Year6.44%
Revenue Next 2Y5.86%
Revenue Next 3Y4.79%
Revenue Next 5Y1.73%
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 decreasing.
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
With a Price/Earnings ratio of 14.76, CM is valued correctly.
CM's Price/Earnings ratio is a bit more expensive when compared to the industry. CM is more expensive than 65.46% of the companies in the same industry.
CM's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.57.
With a Price/Forward Earnings ratio of 12.98, CM is valued correctly.
68.30% of the companies in the same industry are cheaper than CM, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of CM to the average of the S&P500 Index (24.04), we can say CM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.76 | ||
| Fwd PE | 12.98 |
4.2 Price Multiples
CM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CM is cheaper than 72.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.28 | ||
| 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)1.08
PEG (5Y)1.21
EPS Next 2Y11.95%
EPS Next 3Y10.64%
5. Dividend
5.1 Amount
CM has a Yearly Dividend Yield of 3.13%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.75, CM pays a bit more dividend than its industry peers.
CM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.13% |
5.2 History
On average, the dividend of CM grows each year by 8.20%, which is quite nice.
CM has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of CM decreased recently.
Dividend Growth(5Y)8.2%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
49.51% of the earnings are spent on dividend by CM. This is a bit on the high side, but may be sustainable.
DP49.51%
EPS Next 2Y11.95%
EPS Next 3Y10.64%
92.96
+0.41 (+0.44%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners54.08%
Inst Owner Change-1.55%
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap86.34B
Revenue(TTM)29.13B
Net Income(TTM)8.06B
Analysts75.83
Price Target94.72 (1.89%)
Short Float %1%
Short Ratio10.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.13% |
Yearly Dividend3.1
Dividend Growth(5Y)8.2%
DP49.51%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.89%
Min EPS beat(2)2.96%
Max EPS beat(2)4.83%
EPS beat(4)4
Avg EPS beat(4)5.38%
Min EPS beat(4)2.96%
Max EPS beat(4)8.63%
EPS beat(8)8
Avg EPS beat(8)5.26%
EPS beat(12)10
Avg EPS beat(12)3.46%
EPS beat(16)11
Avg EPS beat(16)1.39%
Revenue beat(2)2
Avg Revenue beat(2)0.69%
Min Revenue beat(2)0.06%
Max Revenue beat(2)1.32%
Revenue beat(4)3
Avg Revenue beat(4)0.84%
Min Revenue beat(4)-1.14%
Max Revenue beat(4)3.13%
Revenue beat(8)4
Avg Revenue beat(8)0.43%
Revenue beat(12)5
Avg Revenue beat(12)-0.34%
Revenue beat(16)6
Avg Revenue beat(16)-0.74%
PT rev (1m)16.44%
PT rev (3m)15.85%
EPS NQ rev (1m)5%
EPS NQ rev (3m)3.17%
EPS NY rev (1m)4.82%
EPS NY rev (3m)4.96%
Revenue NQ rev (1m)4.46%
Revenue NQ rev (3m)3.84%
Revenue NY rev (1m)3.34%
Revenue NY rev (3m)3.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.76 | ||
| Fwd PE | 12.98 | ||
| P/S | 4.06 | ||
| P/FCF | 9.28 | ||
| P/OCF | 8.54 | ||
| P/B | 1.84 | ||
| P/tB | 2.12 | ||
| EV/EBITDA | N/A |
EPS(TTM)6.3
EY6.78%
EPS(NY)7.16
Fwd EY7.71%
FCF(TTM)10.02
FCFY10.77%
OCF(TTM)10.89
OCFY11.71%
SpS22.92
BVpS50.46
TBVpS43.88
PEG (NY)1.08
PEG (5Y)1.21
Graham Number84.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 12.58% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.68% | ||
| GM | N/A | ||
| FCFM | 43.69% |
ROA(3y)0.62%
ROA(5y)0.65%
ROE(3y)11.06%
ROE(5y)11.8%
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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-0.03%
PM growth 5Y7.18%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.62 | ||
| Debt/FCF | 13.21 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 94.14% | ||
| Cap/Sales | 3.81% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 157.83% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score9
WACC14.74%
ROIC/WACCN/A
Cap/Depr(3y)91.98%
Cap/Depr(5y)92.87%
Cap/Sales(3y)4.14%
Cap/Sales(5y)4.34%
Profit Quality(3y)179.69%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)16.49%
EPS 3Y6.93%
EPS 5Y12.24%
EPS Q2Q%15.71%
EPS Next Y13.71%
EPS Next 2Y11.95%
EPS Next 3Y10.64%
EPS Next 5Y-0.01%
Revenue 1Y (TTM)13.77%
Revenue growth 3Y10.09%
Revenue growth 5Y9.22%
Sales Q2Q%14.49%
Revenue Next Year6.44%
Revenue Next 2Y5.86%
Revenue Next 3Y4.79%
Revenue Next 5Y1.73%
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 1Y27.3%
FCF growth 3Y-16.17%
FCF growth 5Y-26.66%
OCF growth 1Y24.8%
OCF growth 3Y-15.23%
OCF growth 5Y-25.5%
CAN IMPERIAL BK OF COMMERCE / CM FAQ
What is the fundamental rating for CM stock?
ChartMill assigns a fundamental rating of 3 / 10 to CM.
Can you provide the valuation status for CAN IMPERIAL BK OF COMMERCE?
ChartMill assigns a valuation rating of 3 / 10 to CAN IMPERIAL BK OF COMMERCE (CM). This can be considered as Overvalued.
What is the profitability of CM stock?
CAN IMPERIAL BK OF COMMERCE (CM) has a profitability rating of 4 / 10.
How financially healthy is CAN IMPERIAL BK OF COMMERCE?
The financial health rating of CAN IMPERIAL BK OF COMMERCE (CM) is 0 / 10.
Is the dividend of CAN IMPERIAL BK OF COMMERCE sustainable?
The dividend rating of CAN IMPERIAL BK OF COMMERCE (CM) is 5 / 10 and the dividend payout ratio is 49.51%.