Cameco CorporationFind Ratings Reports
CAMECO CORP's gross profit margin for the third quarter of its fiscal year 2021 has significantly increased when compared to the same period a year ago. Sales and net income have dropped, underperforming the average competitor within its subsector. CAMECO CORP is extremely liquid. Currently, the Quick Ratio is 4.65 which clearly shows the ability to cover any short-term cash needs. CCJ managed to increase the liquidity from the same period a year ago, despite already having very strong liquidity to begin with. This would indicate improved cash flow.
During the same period, stockholders' equity ("net worth") has remained unchanged from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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|Income Statement||Q3 FY21||Q3 FY20|
|Net Sales ($mil)||361.22||378.87|
|Net Income ($mil)||-72.12||-60.77|
|Balance Sheet||Q3 FY21||Q3 FY20|
|Cash & Equiv. ($mil)||1359.67||792.74|
|Total Assets ($mil)||7409.7||7566.75|
|Total Debt ($mil)||996.07||997.22|
|Profitability||Q3 FY21||Q3 FY20|
|Gross Profit Margin||12.33||4.45|
|Return on Assets||-0.45||-0.06|
|Return on Equity||-0.7||-0.1|
|Debt||Q3 FY21||Q3 FY20|
|Share Data||Q3 FY21||Q3 FY20|
|Shares outstanding (mil)||397.95||395.85|
|Div / share||0.0||0.0|
|Book value / share||12.21||12.31|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||8340326.0||4052672.0|
HOLD. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. Conducting a second comparison, its price-to-book ratio of 1.89 indicates a significant discount versus the S&P 500 average of 4.61 and a discount versus the subsector average of 2.82. The price-to-sales ratio is well above the S&P 500 average, but well below the subsector average. After reviewing these and other key valuation criteria, CAMECO CORP proves to trade at a discount to investment alternatives.
|CCJ NM||Peers 15.77||CCJ 13.98||Peers 8.51|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
CCJ's P/E is negative making this valuation measure meaningless.
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.
|CCJ NA||Peers 10.91||CCJ NA||Peers 0.57|
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.
|CCJ 1.89||Peers 2.82||CCJ -700.00||Peers 247.95|
Discount. 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 significant discount to its peers.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, CCJ is expected to significantly trail its peers on the basis of its earnings growth rate.
|CCJ 5.89||Peers 7.03||CCJ -26.53||Peers 36.18|
Discount. 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 discount to its subsector on this measurement.
Lower. A sales growth rate that trails the subsector implies that a company is losing market share.
CCJ significantly trails its peers on the basis of sales growth.