COMERICA INC (CMA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CMA - US2003401070 - Common Stock
88.65 USD
+1.72 (+1.98%)
88.65 USD
0 (0%)
CMA gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 387 industry peers in the Banks industry. Both the profitability and financial health of CMA have multiple concerns. CMA has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year CMA was profitable.
CMA had a positive operating cash flow in the past year.
CMA had positive earnings in each of the past 5 years.
In the past 5 years CMA always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CMA (0.89%) is comparable to the rest of the industry.
CMA has a Return On Equity (9.29%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.89% | ||
| ROE | 9.29% | ||
| ROIC | N/A |
ROA(3y)1.05%
ROA(5y)0.98%
ROE(3y)15.08%
ROE(5y)13.13%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 20.65%, CMA is not doing good in the industry: 65.12% of the companies in the same industry are doing better.
CMA's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for CMA so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 20.65% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-18.65%
PM growth 5Y-10.33%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CMA does not have a ROIC to compare to the WACC, probably because it is not profitable.
CMA has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CMA has less shares outstanding
The debt/assets ratio for CMA is higher compared to a year ago.
2.2 Solvency
CMA has a debt to FCF ratio of 100.67. This is a negative value and a sign of low solvency as CMA would need 100.67 years to pay back of all of its debts.
CMA has a worse Debt to FCF ratio (100.67) than 85.79% of its industry peers.
CMA has a Debt/Equity ratio of 0.33. This is a healthy value indicating a solid balance between debt and equity.
CMA has a worse Debt to Equity ratio (0.33) than 69.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 100.67 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC12.99%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CMA shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.41%.
Measured over the past years, CMA shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.99% on average per year.
Looking at the last year, CMA shows a small growth in Revenue. The Revenue has grown by 4.37% in the last year.
Measured over the past years, CMA shows a decrease in Revenue. The Revenue has been decreasing by -0.64% on average per year.
EPS 1Y (TTM)-3.41%
EPS 3Y-13.01%
EPS 5Y-6.99%
EPS Q2Q%1.5%
Revenue 1Y (TTM)4.37%
Revenue growth 3Y3.02%
Revenue growth 5Y-0.64%
Sales Q2Q%3.33%
3.2 Future
CMA is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.31% yearly.
CMA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.52% yearly.
EPS Next Y-2.02%
EPS Next 2Y0.77%
EPS Next 3Y2.24%
EPS Next 5Y1.31%
Revenue Next Year2.63%
Revenue Next 2Y2.74%
Revenue Next 3Y2.72%
Revenue Next 5Y1.52%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.48 indicates a correct valuation of CMA.
Based on the Price/Earnings ratio, CMA is valued a bit more expensive than 73.13% of the companies in the same industry.
When comparing the Price/Earnings ratio of CMA to the average of the S&P500 Index (26.60), we can say CMA is valued slightly cheaper.
With a Price/Forward Earnings ratio of 15.96, CMA is valued correctly.
CMA's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. CMA is more expensive than 75.71% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.23. CMA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.48 | ||
| Fwd PE | 15.96 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CMA is valued more expensive than 84.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 472.02 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.77%
EPS Next 3Y2.24%
5. Dividend
5.1 Amount
CMA has a Yearly Dividend Yield of 3.27%. Purely for dividend investing, there may be better candidates out there.
CMA's Dividend Yield is a higher than the industry average which is at 2.78.
CMA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.27% |
5.2 History
The dividend of CMA has a limited annual growth rate of 2.70%.
CMA has been paying a dividend for at least 10 years, so it has a reliable track record.
As CMA did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)2.7%
Div Incr Years0
Div Non Decr Years7
5.3 Sustainability
57.68% of the earnings are spent on dividend by CMA. This is a bit on the high side, but may be sustainable.
CMA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP57.68%
EPS Next 2Y0.77%
EPS Next 3Y2.24%
88.65
+1.72 (+1.98%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners91.58%
Inst Owner Change0%
Ins Owners0.84%
Ins Owner Change-0.09%
Market Cap11.33B
Revenue(TTM)3.34B
Net Income(TTM)690.00M
Analysts66.67
Price Target82.98 (-6.4%)
Short Float %6.22%
Short Ratio5.11
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.27% |
Yearly Dividend3.04
Dividend Growth(5Y)2.7%
DP57.68%
Div Incr Years0
Div Non Decr Years7
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.67%
Min EPS beat(2)2.32%
Max EPS beat(2)13.02%
EPS beat(4)4
Avg EPS beat(4)7.58%
Min EPS beat(4)2.32%
Max EPS beat(4)13.02%
EPS beat(8)8
Avg EPS beat(8)10.84%
EPS beat(12)12
Avg EPS beat(12)8.78%
EPS beat(16)15
Avg EPS beat(16)7.15%
Revenue beat(2)0
Avg Revenue beat(2)-0.99%
Min Revenue beat(2)-1.79%
Max Revenue beat(2)-0.18%
Revenue beat(4)0
Avg Revenue beat(4)-1.15%
Min Revenue beat(4)-1.79%
Max Revenue beat(4)-0.18%
Revenue beat(8)1
Avg Revenue beat(8)-2.11%
Revenue beat(12)5
Avg Revenue beat(12)-1.09%
Revenue beat(16)8
Avg Revenue beat(16)-0.84%
PT rev (1m)1.17%
PT rev (3m)17.19%
EPS NQ rev (1m)-0.04%
EPS NQ rev (3m)-1.02%
EPS NY rev (1m)0.13%
EPS NY rev (3m)1.08%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)-0.52%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)-0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.48 | ||
| Fwd PE | 15.96 | ||
| P/S | 3.39 | ||
| P/FCF | 472.02 | ||
| P/OCF | 90.63 | ||
| P/B | 1.52 | ||
| P/tB | 1.52 | ||
| EV/EBITDA | N/A |
EPS(TTM)5.38
EY6.07%
EPS(NY)5.55
Fwd EY6.27%
FCF(TTM)0.19
FCFY0.21%
OCF(TTM)0.98
OCFY1.1%
SpS26.14
BVpS58.13
TBVpS58.13
PEG (NY)N/A
PEG (5Y)N/A
Graham Number83.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.89% | ||
| ROE | 9.29% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 20.65% | ||
| GM | N/A | ||
| FCFM | 0.72% |
ROA(3y)1.05%
ROA(5y)0.98%
ROE(3y)15.08%
ROE(5y)13.13%
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-18.65%
PM growth 5Y-10.33%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 100.67 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 101% | ||
| Cap/Sales | 3.02% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 3.48% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC12.99%
ROIC/WACCN/A
Cap/Depr(3y)141.46%
Cap/Depr(5y)113.65%
Cap/Sales(3y)3.77%
Cap/Sales(5y)3.27%
Profit Quality(3y)81.63%
Profit Quality(5y)94.1%
High Growth Momentum
Growth
EPS 1Y (TTM)-3.41%
EPS 3Y-13.01%
EPS 5Y-6.99%
EPS Q2Q%1.5%
EPS Next Y-2.02%
EPS Next 2Y0.77%
EPS Next 3Y2.24%
EPS Next 5Y1.31%
Revenue 1Y (TTM)4.37%
Revenue growth 3Y3.02%
Revenue growth 5Y-0.64%
Sales Q2Q%3.33%
Revenue Next Year2.63%
Revenue Next 2Y2.74%
Revenue Next 3Y2.72%
Revenue Next 5Y1.52%
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 1Y-96.06%
FCF growth 3Y-7.39%
FCF growth 5Y-14.9%
OCF growth 1Y-82.78%
OCF growth 3Y-1.77%
OCF growth 5Y-11.23%
COMERICA INC / CMA FAQ
What is the ChartMill fundamental rating of COMERICA INC (CMA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to CMA.
Can you provide the valuation status for COMERICA INC?
ChartMill assigns a valuation rating of 2 / 10 to COMERICA INC (CMA). This can be considered as Overvalued.
What is the profitability of CMA stock?
COMERICA INC (CMA) has a profitability rating of 3 / 10.
How financially healthy is COMERICA INC?
The financial health rating of COMERICA INC (CMA) is 1 / 10.
Is the dividend of COMERICA INC sustainable?
The dividend rating of COMERICA INC (CMA) is 6 / 10 and the dividend payout ratio is 57.68%.