CALEDONIA MINING CORP PLC (CMCL)
JE00BF0XVB15 - Common Stock
CMCL gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. There are concerns on the financial health of CMCL while its profitability can be described as average. CMCL is valued correctly, but it does not seem to be growing. CMCL also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CMCL has reported negative net income.
CMCL had a positive operating cash flow in the past year.
Of the past 5 years CMCL 4 years were profitable.
Each year in the past 5 years CMCL had a positive operating cash flow.
1.2 Ratios
CMCL has a Return On Assets (-1.28%) which is in line with its industry peers.
CMCL has a Return On Equity of -1.75%. This is comparable to the rest of the industry: CMCL outperforms 53.25% of its industry peers.
The Return On Invested Capital of CMCL (5.27%) is better than 66.23% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CMCL is above the industry average of 8.77%.
The last Return On Invested Capital (5.27%) for CMCL is well below the 3 year average (13.23%), which needs to be investigated, but indicates that CMCL had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.28% | ||
| ROE | -1.75% | ||
| ROIC | 5.27% |
ROA(3y)5.02%
ROA(5y)11.2%
ROE(3y)6.71%
ROE(5y)14.71%
ROIC(3y)13.23%
ROIC(5y)14.91%
1.3 Margins
CMCL's Operating Margin of 14.74% is fine compared to the rest of the industry. CMCL outperforms 75.97% of its industry peers.
In the last couple of years the Operating Margin of CMCL has declined.
CMCL's Gross Margin of 29.91% is fine compared to the rest of the industry. CMCL outperforms 74.68% of its industry peers.
CMCL's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.74% | ||
| PM (TTM) | N/A | ||
| GM | 29.91% |
OM growth 3Y-30.1%
OM growth 5Y-14.92%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-15.26%
GM growth 5Y-2.08%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CMCL is still creating some value.
CMCL has more shares outstanding than it did 1 year ago.
CMCL has more shares outstanding than it did 5 years ago.
The debt/assets ratio for CMCL is higher compared to a year ago.
2.2 Solvency
CMCL has an Altman-Z score of 2.34. This is not the best score and indicates that CMCL is in the grey zone with still only limited risk for bankruptcy at the moment.
CMCL's Altman-Z score of 2.34 is in line compared to the rest of the industry. CMCL outperforms 46.75% of its industry peers.
CMCL has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.10, CMCL perfoms like the industry average, outperforming 57.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.34 |
ROIC/WACC0.61
WACC8.66%
2.3 Liquidity
A Current Ratio of 1.35 indicates that CMCL should not have too much problems paying its short term obligations.
CMCL's Current ratio of 1.35 is on the low side compared to the rest of the industry. CMCL is outperformed by 79.87% of its industry peers.
CMCL has a Quick Ratio of 1.35. This is a bad value and indicates that CMCL is not financially healthy enough and could expect problems in meeting its short term obligations.
CMCL has a worse Quick ratio (0.85) than 84.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
CMCL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -118.25%.
Looking at the last year, CMCL shows a small growth in Revenue. The Revenue has grown by 2.77% in the last year.
Measured over the past years, CMCL shows a quite strong growth in Revenue. The Revenue has been growing by 16.36% on average per year.
EPS 1Y (TTM)-118.25%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q70.37%
Revenue 1Y (TTM)2.77%
Revenue growth 3Y13.44%
Revenue growth 5Y16.36%
Revenue growth Q2Q12.98%
3.2 Future
CMCL is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.88% yearly.
CMCL is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.02% yearly.
EPS Next Y159.44%
EPS Next 2Y34.76%
EPS Next 3Y26.88%
EPS Next 5YN/A
Revenue Next Year2.26%
Revenue Next 2Y-0.57%
Revenue Next 3Y-3.02%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for CMCL. In the last year negative earnings were reported.
CMCL is valuated correctly with a Price/Forward Earnings ratio of 13.66.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CMCL indicates a somewhat cheap valuation: CMCL is cheaper than 74.03% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.39. CMCL is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.66 |
4.2 Price Multiples
83.12% of the companies in the same industry are more expensive than CMCL, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.46 |
4.3 Compensation for Growth
CMCL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CMCL's earnings are expected to grow with 26.88% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y34.76%
EPS Next 3Y26.88%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.61%, CMCL is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.86, CMCL pays a better dividend. On top of this CMCL pays more dividend than 95.45% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, CMCL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.61% |
5.2 History
On average, the dividend of CMCL grows each year by 16.01%, which is quite nice.
CMCL has paid a dividend for at least 10 years, which is a reliable track record.
CMCL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)16.01%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
CMCL has negative earnings and hence a negative payout ratio. The dividend may be in danger.
CMCL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-264.51%
EPS Next 2Y34.76%
EPS Next 3Y26.88%
CALEDONIA MINING CORP PLC
NYSEARCA:CMCL (5/8/2024, 8:41:43 AM)
9.89
-0.06 (-0.6%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap189.79M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.61% |
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)
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EPS beat(4)
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Min EPS beat(4)
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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)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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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 | N/A | ||
| Fwd PE | 13.66 | ||
| 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)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.28% | ||
| ROE | -1.75% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 14.74% | ||
| PM (TTM) | N/A | ||
| GM | 29.91% | ||
| 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 Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.85 | ||
| 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)-118.25%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y159.44%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)2.77%
Revenue growth 3Y13.44%
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