CALIFORNIA RESOURCES CORP (CRC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CRC - US13057Q3056 - Common Stock
46.58 USD
+1.8 (+4.02%)
46.58 USD
0 (0%)
CRC gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 208 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of CRC get a neutral evaluation. Nothing too spectacular is happening here. CRC has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year CRC was profitable.
In the past year CRC had a positive cash flow from operations.
Each year in the past 5 years CRC has been profitable.
Each year in the past 5 years CRC had a positive operating cash flow.
1.2 Ratios
CRC's Return On Assets of 5.69% is fine compared to the rest of the industry. CRC outperforms 69.23% of its industry peers.
CRC has a better Return On Equity (11.15%) than 66.83% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.14%, CRC is in the better half of the industry, outperforming 79.81% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CRC is significantly below the industry average of 21.28%.
The last Return On Invested Capital (9.14%) for CRC is well below the 3 year average (14.73%), which needs to be investigated, but indicates that CRC had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.69% | ||
| ROE | 11.15% | ||
| ROIC | 9.14% |
ROA(3y)10.86%
ROA(5y)21.94%
ROE(3y)21.39%
ROE(5y)53.16%
ROIC(3y)14.73%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 10.60%, CRC perfoms like the industry average, outperforming 58.65% of the companies in the same industry.
In the last couple of years the Profit Margin of CRC has declined.
CRC has a Operating Margin (19.85%) which is comparable to the rest of the industry.
CRC's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 65.49%, CRC is in the better half of the industry, outperforming 73.08% of the companies in the same industry.
CRC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.85% | ||
| PM (TTM) | 10.6% | ||
| GM | 65.49% |
OM growth 3Y27.28%
OM growth 5Y7.28%
PM growth 3Y-28.67%
PM growth 5YN/A
GM growth 3Y3.65%
GM growth 5Y1.12%
2. Health
2.1 Basic Checks
CRC 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, CRC has more shares outstanding
The number of shares outstanding for CRC has been increased compared to 5 years ago.
Compared to 1 year ago, CRC has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.92 indicates that CRC is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of CRC (1.92) is better than 66.35% of its industry peers.
CRC has a debt to FCF ratio of 1.85. This is a very positive value and a sign of high solvency as it would only need 1.85 years to pay back of all of its debts.
CRC has a better Debt to FCF ratio (1.85) than 83.65% of its industry peers.
CRC has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.26, CRC is in the better half of the industry, outperforming 67.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 1.85 | ||
| Altman-Z | 1.92 |
ROIC/WACC1.07
WACC8.55%
2.3 Liquidity
CRC has a Current Ratio of 0.89. This is a bad value and indicates that CRC is not financially healthy enough and could expect problems in meeting its short term obligations.
CRC's Current ratio of 0.89 is on the low side compared to the rest of the industry. CRC is outperformed by 61.06% of its industry peers.
A Quick Ratio of 0.78 indicates that CRC may have some problems paying its short term obligations.
The Quick ratio of CRC (0.78) is worse than 60.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.11% over the past year.
The Earnings Per Share has been growing by 21.50% on average over the past years. This is a very strong growth
Looking at the last year, CRC shows a quite strong growth in Revenue. The Revenue has grown by 18.87% in the last year.
Measured over the past years, CRC shows a small growth in Revenue. The Revenue has been growing by 3.96% on average per year.
EPS 1Y (TTM)20.11%
EPS 3Y-14.99%
EPS 5Y21.5%
EPS Q2Q%-2.67%
Revenue 1Y (TTM)18.87%
Revenue growth 3Y19.18%
Revenue growth 5Y3.96%
Sales Q2Q%-36.81%
3.2 Future
Based on estimates for the next years, CRC will show a small growth in Earnings Per Share. The EPS will grow by 2.15% on average per year.
The Revenue is expected to grow by 6.50% on average over the next years.
EPS Next Y12.48%
EPS Next 2Y-24.31%
EPS Next 3Y1.01%
EPS Next 5Y2.15%
Revenue Next Year16.32%
Revenue Next 2Y6.19%
Revenue Next 3Y6.5%
Revenue Next 5YN/A
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.
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
CRC is valuated reasonably with a Price/Earnings ratio of 10.26.
CRC's Price/Earnings ratio is a bit cheaper when compared to the industry. CRC is cheaper than 78.85% of the companies in the same industry.
CRC is valuated cheaply when we compare the Price/Earnings ratio to 27.00, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 21.62, the valuation of CRC can be described as rather expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as CRC.
When comparing the Price/Forward Earnings ratio of CRC to the average of the S&P500 Index (23.70), we can say CRC is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.26 | ||
| Fwd PE | 21.62 |
4.2 Price Multiples
86.06% of the companies in the same industry are more expensive than CRC, based on the Enterprise Value to EBITDA ratio.
CRC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CRC is cheaper than 88.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.62 | ||
| EV/EBITDA | 3.56 |
4.3 Compensation for Growth
CRC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CRC has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.82
PEG (5Y)0.48
EPS Next 2Y-24.31%
EPS Next 3Y1.01%
5. Dividend
5.1 Amount
CRC has a Yearly Dividend Yield of 3.62%. Purely for dividend investing, there may be better candidates out there.
CRC's Dividend Yield is comparable with the industry average which is at 3.96.
Compared to an average S&P500 Dividend Yield of 1.94, CRC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.62% |
5.2 History
CRC has been paying a dividend for over 5 years, so it has already some track record.
CRC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
CRC pays out 35.94% of its income as dividend. This is a sustainable payout ratio.
DP35.94%
EPS Next 2Y-24.31%
EPS Next 3Y1.01%
46.58
+1.8 (+4.02%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners98.7%
Inst Owner Change0%
Ins Owners1.01%
Ins Owner Change14.62%
Market Cap3.62B
Revenue(TTM)3.62B
Net Income(TTM)384.00M
Analysts82.35
Price Target66.54 (42.85%)
Short Float %5.01%
Short Ratio4.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.62% |
Yearly Dividend1.41
Dividend Growth(5Y)N/A
DP35.94%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.39%
Min EPS beat(2)14.93%
Max EPS beat(2)19.85%
EPS beat(4)3
Avg EPS beat(4)15.8%
Min EPS beat(4)-6.92%
Max EPS beat(4)35.33%
EPS beat(8)6
Avg EPS beat(8)10.12%
EPS beat(12)8
Avg EPS beat(12)7.59%
EPS beat(16)10
Avg EPS beat(16)2.43%
Revenue beat(2)1
Avg Revenue beat(2)10.96%
Min Revenue beat(2)-1.47%
Max Revenue beat(2)23.39%
Revenue beat(4)2
Avg Revenue beat(4)5.86%
Min Revenue beat(4)-3.28%
Max Revenue beat(4)23.39%
Revenue beat(8)5
Avg Revenue beat(8)10.11%
Revenue beat(12)7
Avg Revenue beat(12)6.72%
Revenue beat(16)10
Avg Revenue beat(16)10.16%
PT rev (1m)-1.91%
PT rev (3m)-3.43%
EPS NQ rev (1m)-3.95%
EPS NQ rev (3m)-16.4%
EPS NY rev (1m)1.13%
EPS NY rev (3m)0.29%
Revenue NQ rev (1m)-0.39%
Revenue NQ rev (3m)-1.96%
Revenue NY rev (1m)0.26%
Revenue NY rev (3m)-0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.26 | ||
| Fwd PE | 21.62 | ||
| P/S | 1 | ||
| P/FCF | 6.62 | ||
| P/OCF | 4.32 | ||
| P/B | 1.05 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 3.56 |
EPS(TTM)4.54
EY9.75%
EPS(NY)2.15
Fwd EY4.62%
FCF(TTM)7.04
FCFY15.1%
OCF(TTM)10.77
OCFY23.13%
SpS46.67
BVpS44.36
TBVpS44.36
PEG (NY)0.82
PEG (5Y)0.48
Graham Number67.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.69% | ||
| ROE | 11.15% | ||
| ROCE | 12.32% | ||
| ROIC | 9.14% | ||
| ROICexc | 9.45% | ||
| ROICexgc | 9.45% | ||
| OM | 19.85% | ||
| PM (TTM) | 10.6% | ||
| GM | 65.49% | ||
| FCFM | 15.07% |
ROA(3y)10.86%
ROA(5y)21.94%
ROE(3y)21.39%
ROE(5y)53.16%
ROIC(3y)14.73%
ROIC(5y)N/A
ROICexc(3y)16.58%
ROICexc(5y)N/A
ROICexgc(3y)16.58%
ROICexgc(5y)N/A
ROCE(3y)19.88%
ROCE(5y)N/A
ROICexgc growth 3Y17.49%
ROICexgc growth 5Y13.2%
ROICexc growth 3Y17.49%
ROICexc growth 5Y13.2%
OM growth 3Y27.28%
OM growth 5Y7.28%
PM growth 3Y-28.67%
PM growth 5YN/A
GM growth 3Y3.65%
GM growth 5Y1.12%
F-Score6
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 1.85 | ||
| Debt/EBITDA | 0.72 | ||
| Cap/Depr | 55.34% | ||
| Cap/Sales | 8.01% | ||
| Interest Coverage | 8.46 | ||
| Cash Conversion | 67.26% | ||
| Profit Quality | 142.19% | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 1.92 |
F-Score6
WACC8.55%
ROIC/WACC1.07
Cap/Depr(3y)113.12%
Cap/Depr(5y)88.68%
Cap/Sales(3y)9.53%
Cap/Sales(5y)8.37%
Profit Quality(3y)78.91%
Profit Quality(5y)63.2%
High Growth Momentum
Growth
EPS 1Y (TTM)20.11%
EPS 3Y-14.99%
EPS 5Y21.5%
EPS Q2Q%-2.67%
EPS Next Y12.48%
EPS Next 2Y-24.31%
EPS Next 3Y1.01%
EPS Next 5Y2.15%
Revenue 1Y (TTM)18.87%
Revenue growth 3Y19.18%
Revenue growth 5Y3.96%
Sales Q2Q%-36.81%
Revenue Next Year16.32%
Revenue Next 2Y6.19%
Revenue Next 3Y6.5%
Revenue Next 5YN/A
EBIT growth 1Y-20.02%
EBIT growth 3Y51.69%
EBIT growth 5Y11.52%
EBIT Next Year131.25%
EBIT Next 3Y33.59%
EBIT Next 5Y21.09%
FCF growth 1Y23.53%
FCF growth 3Y-8.67%
FCF growth 5Y9.94%
OCF growth 1Y31.45%
OCF growth 3Y-2.59%
OCF growth 5Y-2.03%
CALIFORNIA RESOURCES CORP / CRC FAQ
What is the fundamental rating for CRC stock?
ChartMill assigns a fundamental rating of 5 / 10 to CRC.
What is the valuation status for CRC stock?
ChartMill assigns a valuation rating of 6 / 10 to CALIFORNIA RESOURCES CORP (CRC). This can be considered as Fairly Valued.
Can you provide the profitability details for CALIFORNIA RESOURCES CORP?
CALIFORNIA RESOURCES CORP (CRC) has a profitability rating of 6 / 10.
How financially healthy is CALIFORNIA RESOURCES CORP?
The financial health rating of CALIFORNIA RESOURCES CORP (CRC) is 4 / 10.
How sustainable is the dividend of CALIFORNIA RESOURCES CORP (CRC) stock?
The dividend rating of CALIFORNIA RESOURCES CORP (CRC) is 5 / 10 and the dividend payout ratio is 35.94%.