Cameco Corporation
Find Ratings ReportsCAMECO CORP's gross profit margin for the fourth quarter of its fiscal year 2023 has significantly increased when compared to the same period a year ago. The company grew its sales and net income significantly quarter versus same quarter a year prior, and was able to outpace the average competitor in the subsector when comparing revenue growth, but not when comparing net income growth. CAMECO CORP has weak liquidity. Currently, the Quick Ratio is 0.83 which shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
At the same time, stockholders' equity ("net worth") has remained virtually unchanged only increasing by 4.42% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.
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Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 843.72 | 523.73 |
EBITDA ($mil) | 65.28 | -29.4 |
EBIT ($mil) | 6.01 | -66.09 |
Net Income ($mil) | 80.11 | -15.42 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 566.81 | 2281.85 |
Total Assets ($mil) | 9934.06 | 8632.79 |
Total Debt ($mil) | 1784.17 | 997.0 |
Equity ($mil) | 6094.31 | 5836.05 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 15.57 | 0.99 |
EBITDA Margin | 7.73 | -5.61 |
Operating Margin | 0.71 | -12.62 |
Sales Turnover | 0.26 | 0.22 |
Return on Assets | 3.63 | 1.03 |
Return on Equity | 5.92 | 1.53 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 1.55 | 5.92 |
Debt/Capital | 0.23 | 0.15 |
Interest Expense | 34.6 | 21.25 |
Interest Coverage | 0.17 | -3.11 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 434.18 | 432.52 |
Div / share | 0.09 | 0.09 |
EPS | 0.18 | -0.04 |
Book value / share | 14.04 | 13.49 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 5477330.0 | 5193894.0 |
BUY. CAMECO CORP's P/E ratio indicates a significant premium compared to an average of 21.33 for the Mining (except Oil and Gas) subsector and a significant premium compared to the S&P 500 average of 27.95. Conducting a second comparison, its price-to-book ratio of 2.85 indicates a significant discount versus the S&P 500 average of 4.68 and a discount versus the subsector average of 3.13. The price-to-sales ratio is well above both the S&P 500 average and the subsector average, indicating a premium. The valuation analysis reveals that, CAMECO CORP seems to be trading at a premium to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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CCJ 48.72 | Peers 21.33 | CCJ 25.21 | Peers 11.36 | |||||||||||||||||||||
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. CCJ is trading at a significant premium to its peers. |
Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. CCJ is trading at a significant premium to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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CCJ NA | Peers 14.45 | CCJ NA | Peers 2.19 | |||||||||||||||||||||
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential. Ratio not available. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
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Price/Book |
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Earnings Growth |
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CCJ 2.85 | Peers 3.13 | CCJ 272.72 | Peers -3.47 | |||||||||||||||||||||
Average. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. CCJ is trading at a valuation on par with its peers. |
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. CCJ is expected to have an earnings growth rate that significantly exceeds its peers. |
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Price/Sales |
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Sales Growth |
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CCJ 6.70 | Peers 4.47 | CCJ 38.53 | Peers 20.15 | |||||||||||||||||||||
Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. CCJ is trading at a significant premium to its subsector. |
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share. CCJ has a sales growth rate that significantly exceeds its peers. |
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