Cal Maine Story

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CALM -- USA Stock  

USD 36.67  0.76  2.03%

Cal Maine is currently does not generate positive expected returns and assumes 1.1969% risk (volatility on return distribution) over the 90 days horizon. While many risk-averse stakeholders are getting carried away by overanalyzing consumer defensive space, it is reasonable to summarize Cal Maine Foods. We will cover the possibilities of Cal Maine's current volatility to continue through February. Cal Maine's very low volatility may have no significant impact on the stock's value as we estimate Cal Maine as currently undervalued. The real value, based on our calculations, is getting close to 41.50 per share.
Published over two weeks ago
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Is Cal Maine (NASDAQ:CALM) low volatility a good sign for stakeholders?
Cal Maine Foods currently holds roughly 193.33 M in cash with 119.49 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.96.
Volatility is a rate at which the price of Cal Maine or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Cal Maine may increase or decrease. In other words, similar to Cal Maine's beta indicator, it measures the risk of Cal Maine and helps estimate the fluctuations that may happen in a short period of time. So if prices of Cal Maine fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is Cal Maine's Liquidity

Cal Maine financial leverage refers to using borrowed capital as a funding source to finance Cal Maine Foods ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Cal Maine financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Cal Maine's total debt and its cash.

How Cal Maine utilizes its cash?

To perform a cash flow analysis of Cal Maine, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Cal Maine is receiving and how much cash it distributes out in a given period. The Cal Maine cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Cal Maine Net Cash Flow from Operations is relatively stable at the moment as compared to the past year. The company's current value of Net Cash Flow from Operations is estimated at 138.14 Million

Cal Maine Volatility Drivers

Cal Maine unsystematic risk is unique to Cal Maine Foods and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Cal Maine you can also buy Fresh Del Monte. You can also mitigate this risk by investing in the farm products sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Cal Maine important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Cal Maine income statement and balance sheet. Here are more details about Cal Maine volatility.
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