Cal Maine Financials
CALM Stock | USD 89.50 0.40 0.44% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
---|---|---|---|---|---|---|---|---|---|
Debt Equity Ratio | 0.0976 | 0.1027 |
|
| |||||
Current Ratio | 3.68 | 5.4528 |
|
|
Investors should never underestimate Cal Maine's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Cal Maine's cash flow, debt, and profitability to make informed and accurate decisions about investing in Cal Maine Foods.
Net Income |
|
Cal | Select Account or Indicator |
Understanding current and past Cal Maine Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cal Maine's financial statements are interrelated, with each one affecting the others. For example, an increase in Cal Maine's assets may result in an increase in income on the income statement.
Cal Maine Stock Summary
Cal Maine competes with Bunge, Tyson Foods, Dole PLC, Adecoagro, and Limoneira. Cal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. Cal-Maine Foods, Inc. was founded in 1957 and is headquartered in Ridgeland, Mississippi. Cal-Maine Foods operates under Farm Products classification in the United States and is traded on NASDAQ Exchange. It employs 2845 people.Specialization | Consumer Defensive, Food, Beverage & Tobacco |
Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
ISIN | US1280302027 |
CUSIP | 128030202 |
Location | Mississippi; U.S.A |
Business Address | 1052 Highland Colony |
Sector | Food Products |
Industry | Consumer Staples |
Benchmark | Dow Jones Industrial |
Website | www.calmainefoods.com |
Phone | 601 948 6813 |
Currency | USD - US Dollar |
Cal Maine Key Financial Ratios
Return On Equity | 0.24 | ||||
Profit Margin | 0.16 % | ||||
Operating Margin | 0.24 % | ||||
Price To Sales | 1.65 X | ||||
Revenue | 2.33 B |
Cal Maine Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 1.2B | 1.4B | 2.0B | 2.2B | 2.3B | |
Other Current Liab | 36.3M | 36.4M | 101.9M | 100.1M | 151.9M | 159.5M | |
Net Debt | (74.7M) | (55.0M) | (57.6M) | (291.9M) | (237.9M) | (226.0M) | |
Retained Earnings | 975.1M | 976.0M | 1.1B | 1.6B | 1.8B | 1.8B | |
Accounts Payable | 92.2M | 52.8M | 82.0M | 82.6M | 75.9M | 53.0M | |
Cash | 78.1M | 57.4M | 59.1M | 292.8M | 237.9M | 249.8M | |
Net Receivables | 98.4M | 126.6M | 219.4M | 187.2M | 162.4M | 170.6M | |
Inventory | 187.2M | 218.4M | 263.3M | 284.4M | 261.8M | 274.9M | |
Other Current Assets | 4.4M | 5.4M | 4.3M | 5.4M | 5.2M | 5.0M | |
Total Liab | 197.0M | 216.4M | 323.1M | 344.9M | 401.9M | 361.7M | |
Total Current Assets | 522.3M | 519.9M | 661.5M | 1.1B | 1.2B | 1.3B | |
Short Term Debt | 1.7M | 1.0M | 906K | 696K | 626.4K | 595.1K | |
Intangible Assets | 22.8M | 20.3M | 18.1M | 15.9M | 16.0M | 12.6M | |
Other Liab | 90.7M | 101.4M | 124.8M | 137.7M | 158.4M | 166.3M | |
Other Assets | 2.0M | 1.8M | 2.7M | 5.4M | 6.2M | 4.2M | |
Treasury Stock | (26.7M) | (27.4M) | (28.4M) | (30.0M) | (27.0M) | (28.4M) | |
Net Tangible Assets | 951.3M | 956.9M | 1.0B | 1.6B | 1.8B | 938.4M |
Cal Maine Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 498K | 213K | 403K | 583K | 549K | 521.6K | |
Total Revenue | 1.4B | 1.3B | 1.8B | 3.1B | 2.3B | 2.4B | |
Gross Profit | 179.6M | 160.7M | 337.1M | 1.2B | 541.6M | 568.6M | |
Operating Income | (56.7M) | (15.8M) | 143.5M | 967.7M | 295.4M | 310.2M | |
Ebit | 1.2M | (15.8M) | 151.2M | 985.4M | 295.4M | 310.2M | |
Ebitda | 1.4M | 43.7M | 219.6M | 1.1B | 375.7M | 394.5M | |
Cost Of Revenue | 1.2B | 1.2B | 1.4B | 1.9B | 1.8B | 1.9B | |
Income Before Tax | 20.1M | (9.9M) | 166.0M | 998.6M | 360.0M | 378.0M | |
Net Income | 18.4M | 2.1M | 132.7M | 758.0M | 277.9M | 291.8M | |
Income Tax Expense | 1.7M | (12.0M) | 33.6M | 241.8M | 83.7M | 87.9M | |
Minority Interest | (63K) | (1K) | (209K) | (1.3M) | 1.6M | 1.7M | |
Non Recurring | 2M | 3.0M | (5.1M) | (131K) | (117.9K) | (112.0K) | |
Tax Provision | 1.7M | (12.0M) | 33.6M | 241.8M | 83.7M | 62.6M | |
Net Interest Income | 4.5M | 2.6M | 585K | 18.0M | 31.7M | 33.3M | |
Interest Income | 5.0M | 2.8M | 988K | 18.6M | 32.3M | 33.9M |
Cal Maine Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | (9.7M) | (31.2M) | (36.2M) | (21.1M) | 28.8M | 30.2M | |
Change In Cash | 8.9M | (20.8M) | 1.7M | 233.7M | (54.9M) | (52.2M) | |
Free Cash Flow | (50.6M) | (68.9M) | 53.8M | 726.4M | 307.3M | 322.6M | |
Depreciation | 58.1M | 59.5M | 68.4M | 72.2M | 80.2M | 84.3M | |
Other Non Cash Items | 3.6M | 4.5M | (5.3M) | (1.5M) | 154.2M | 162.0M | |
Capital Expenditures | 124.2M | 95.1M | 72.4M | 136.6M | 147.1M | 154.5M | |
Net Income | 18.3M | 2.1M | 132.4M | 756.7M | 277.9M | 291.8M | |
End Period Cash Flow | 78.1M | 57.4M | 59.1M | 292.8M | 237.9M | 249.8M | |
Investments | 104.2M | 47.5M | (8.1M) | (239.1M) | (412.6M) | (392.0M) | |
Net Borrowings | (3.8M) | (1.5M) | (205K) | (215K) | (247.3K) | (259.6K) | |
Change To Netincome | 12.4M | 30.7M | (4.9M) | 31.3M | 35.9M | 37.7M |
Cal Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cal Maine's current stock value. Our valuation model uses many indicators to compare Cal Maine value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cal Maine competition to find correlations between indicators driving Cal Maine's intrinsic value. More Info.Cal Maine Foods is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.61 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cal Maine Foods is roughly 1.64 . At this time, Cal Maine's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Cal Maine by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Cal Maine Foods Systematic Risk
Cal Maine's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cal Maine volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Cal Maine Foods correlated with the market. If Beta is less than 0 Cal Maine generally moves in the opposite direction as compared to the market. If Cal Maine Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cal Maine Foods is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cal Maine is generally in the same direction as the market. If Beta > 1 Cal Maine moves generally in the same direction as, but more than the movement of the benchmark.
Cal Maine Thematic Clasifications
Cal Maine Foods is part of Agriculture investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Agriculture industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Agriculture industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Agriculture | View |
Today, most investors in Cal Maine Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cal Maine's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Cal Maine growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
|
Cal Maine October 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cal Maine help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cal Maine Foods. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cal Maine Foods based on widely used predictive technical indicators. In general, we focus on analyzing Cal Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cal Maine's daily price indicators and compare them against related drivers.
Downside Deviation | 1.2 | |||
Information Ratio | 0.2675 | |||
Maximum Drawdown | 9.27 | |||
Value At Risk | (1.86) | |||
Potential Upside | 3.32 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cal Maine Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cal Maine. If investors know Cal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cal Maine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 159.9 | Dividend Share 2.902 | Earnings Share 8.73 | Revenue Per Share 54.437 | Quarterly Revenue Growth 0.711 |
The market value of Cal Maine Foods is measured differently than its book value, which is the value of Cal that is recorded on the company's balance sheet. Investors also form their own opinion of Cal Maine's value that differs from its market value or its book value, called intrinsic value, which is Cal Maine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cal Maine's market value can be influenced by many factors that don't directly affect Cal Maine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cal Maine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cal Maine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cal Maine's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.