CALIFORNIA RESOURCES CORP (CRC) Stock Fundamental Analysis
USA - NYSE:CRC - US13057Q3056 - Common Stock
47.78 USD
-1.05 (-2.15%)
47.78 USD
0 (0%)
CRC gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. CRC has an excellent profitability rating, but there are some minor concerns on its financial health. CRC scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
CRC had positive earnings in the past year.
CRC had a positive operating cash flow in the past year.
CRC had positive earnings in each of the past 5 years.
CRC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CRC has a Return On Assets of 9.91%. This is amongst the best in the industry. CRC outperforms 87.62% of its industry peers.
CRC has a better Return On Equity (19.52%) than 85.71% of its industry peers.
With an excellent Return On Invested Capital value of 14.94%, CRC belongs to the best of the industry, outperforming 93.33% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CRC is significantly below the industry average of 21.71%.
The last Return On Invested Capital (14.94%) for CRC is above the 3 year average (14.73%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.91% | ||
| ROE | 19.52% | ||
| ROIC | 14.94% |
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
CRC has a better Profit Margin (16.14%) than 67.62% of its industry peers.
CRC's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 28.30%, CRC is doing good in the industry, outperforming 69.52% of the companies in the same industry.
CRC's Operating Margin has improved in the last couple of years.
CRC's Gross Margin of 69.78% is fine compared to the rest of the industry. CRC outperforms 78.57% of its industry peers.
CRC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.3% | ||
| PM (TTM) | 16.14% | ||
| GM | 69.78% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CRC is creating some value.
The number of shares outstanding for CRC has been increased compared to 1 year ago.
CRC has more shares outstanding than it did 5 years ago.
CRC has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.29 indicates that CRC is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.29, CRC is doing good in the industry, outperforming 70.95% of the companies in the same industry.
CRC has a debt to FCF ratio of 2.02. This is a good value and a sign of high solvency as CRC would need 2.02 years to pay back of all of its debts.
The Debt to FCF ratio of CRC (2.02) is better than 83.33% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that CRC is not too dependend on debt financing.
CRC has a better Debt to Equity ratio (0.26) than 64.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 2.02 | ||
| Altman-Z | 2.29 |
ROIC/WACC1.69
WACC8.82%
2.3 Liquidity
A Current Ratio of 0.78 indicates that CRC may have some problems paying its short term obligations.
CRC has a worse Current ratio (0.78) than 68.10% of its industry peers.
A Quick Ratio of 0.68 indicates that CRC may have some problems paying its short term obligations.
CRC has a Quick ratio of 0.68. This is in the lower half of the industry: CRC underperforms 68.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.11% over the past year.
CRC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.50% yearly.
The Revenue has grown by 14.17% in the past year. This is quite good.
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)14.17%
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.
Based on estimates for the next years, CRC will show a small growth in Revenue. The Revenue will grow by 7.38% on average per year.
EPS Next Y9.03%
EPS Next 2Y-11.63%
EPS Next 3Y0.75%
EPS Next 5Y2.15%
Revenue Next Year16.84%
Revenue Next 2Y8.53%
Revenue Next 3Y7.38%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.52, the valuation of CRC can be described as reasonable.
76.19% of the companies in the same industry are more expensive than CRC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of CRC to the average of the S&P500 Index (25.56), we can say CRC is valued rather cheaply.
The Price/Forward Earnings ratio is 16.27, which indicates a correct valuation of CRC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CRC is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.62, CRC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.52 | ||
| Fwd PE | 16.27 |
4.2 Price Multiples
90.00% 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 84.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.01 | ||
| EV/EBITDA | 2.94 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of CRC may justify a higher PE ratio.
PEG (NY)1.17
PEG (5Y)0.49
EPS Next 2Y-11.63%
EPS Next 3Y0.75%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.31%, CRC has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.86, CRC has a dividend in line with its industry peers.
CRC's Dividend Yield is a higher than the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
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 21.05% of its income as dividend. This is a sustainable payout ratio.
DP21.05%
EPS Next 2Y-11.63%
EPS Next 3Y0.75%
47.78
-1.05 (-2.15%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners101.22%
Inst Owner Change1.84%
Ins Owners0.75%
Ins Owner Change18.52%
Market Cap4.00B
Revenue(TTM)3.20B
Net Income(TTM)665.00M
Analysts82.35
Price Target68.26 (42.86%)
Short Float %4.14%
Short Ratio3.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
Yearly Dividend1.41
Dividend Growth(5Y)N/A
DP21.05%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)27.59%
Min EPS beat(2)19.85%
Max EPS beat(2)35.33%
EPS beat(4)3
Avg EPS beat(4)14.83%
Min EPS beat(4)-6.92%
Max EPS beat(4)35.33%
EPS beat(8)6
Avg EPS beat(8)11.25%
EPS beat(12)8
Avg EPS beat(12)6.5%
EPS beat(16)10
Avg EPS beat(16)11.48%
Revenue beat(2)2
Avg Revenue beat(2)14.09%
Min Revenue beat(2)4.8%
Max Revenue beat(2)23.39%
Revenue beat(4)3
Avg Revenue beat(4)15.8%
Min Revenue beat(4)-3.28%
Max Revenue beat(4)38.28%
Revenue beat(8)5
Avg Revenue beat(8)9.01%
Revenue beat(12)8
Avg Revenue beat(12)14.45%
Revenue beat(16)11
Avg Revenue beat(16)11.53%
PT rev (1m)-0.93%
PT rev (3m)14.22%
EPS NQ rev (1m)-1.78%
EPS NQ rev (3m)6.54%
EPS NY rev (1m)-2.79%
EPS NY rev (3m)10.24%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)1.52%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)7.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.52 | ||
| Fwd PE | 16.27 | ||
| P/S | 0.97 | ||
| P/FCF | 8.01 | ||
| P/OCF | 5.15 | ||
| P/B | 1.17 | ||
| P/tB | 1.17 | ||
| EV/EBITDA | 2.94 |
EPS(TTM)4.54
EY9.5%
EPS(NY)2.94
Fwd EY6.14%
FCF(TTM)5.96
FCFY12.48%
OCF(TTM)9.28
OCFY19.43%
SpS49.23
BVpS40.71
TBVpS40.71
PEG (NY)1.17
PEG (5Y)0.49
Graham Number64.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.91% | ||
| ROE | 19.52% | ||
| ROCE | 20.16% | ||
| ROIC | 14.94% | ||
| ROICexc | 15.13% | ||
| ROICexgc | 15.13% | ||
| OM | 28.3% | ||
| PM (TTM) | 16.14% | ||
| GM | 69.78% | ||
| FCFM | 12.11% |
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-Score8
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 2.02 | ||
| Debt/EBITDA | 0.52 | ||
| Cap/Depr | 51.39% | ||
| Cap/Sales | 6.75% | ||
| Interest Coverage | 11 | ||
| Cash Conversion | 45.52% | ||
| Profit Quality | 75.04% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | 2.29 |
F-Score8
WACC8.82%
ROIC/WACC1.69
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 Y9.03%
EPS Next 2Y-11.63%
EPS Next 3Y0.75%
EPS Next 5Y2.15%
Revenue 1Y (TTM)14.17%
Revenue growth 3Y19.18%
Revenue growth 5Y3.96%
Sales Q2Q%-36.81%
Revenue Next Year16.84%
Revenue Next 2Y8.53%
Revenue Next 3Y7.38%
Revenue Next 5YN/A
EBIT growth 1Y277.35%
EBIT growth 3Y51.69%
EBIT growth 5Y11.52%
EBIT Next Year134.54%
EBIT Next 3Y31.11%
EBIT Next 5Y21.09%
FCF growth 1Y0%
FCF growth 3Y-8.67%
FCF growth 5Y9.94%
OCF growth 1Y1.3%
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 6 / 10 to CRC.
What is the valuation status of CALIFORNIA RESOURCES CORP (CRC) stock?
ChartMill assigns a valuation rating of 7 / 10 to CALIFORNIA RESOURCES CORP (CRC). This can be considered as Undervalued.
What is the profitability of CRC stock?
CALIFORNIA RESOURCES CORP (CRC) has a profitability rating of 7 / 10.
What is the financial health of CALIFORNIA RESOURCES CORP (CRC) stock?
The financial health rating of CALIFORNIA RESOURCES CORP (CRC) is 4 / 10.
Can you provide the dividend sustainability for CRC stock?
The dividend rating of CALIFORNIA RESOURCES CORP (CRC) is 4 / 10 and the dividend payout ratio is 21.05%.