| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
CCJ Stock Overview
Cameco Corporation produces and sells uranium.
Rewards
Risk Analysis
No risks detected for CCJ from our risk checks.
Cameco Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$21.82 |
| 52 Week High | CA$28.49 |
| 52 Week Low | CA$12.16 |
| Beta | 0.76 |
| 1 Month Change | 5.06% |
| 3 Month Change | -16.14% |
| 1 Year Change | 72.76% |
| 3 Year Change | 89.74% |
| 5 Year Change | 69.94% |
| Change since IPO | 141.89% |
Recent News & Updates
Cameco Stock: High Uranium Prices Are Starting To Bite
The company closed Q3 2021 with a loss of $72 million and each $5/lb increase in uranium prices is expected to increase its Q4 loss by $3 million. Cameco is stuck in no man’s land as uranium prices don't seem high enough for the company to restart the idled McArthur River mine. Even if McArthur River is restarted immediately, investors are currently paying over $22/lb for reserves. If uranium prices reach $100/lb and stay there, Cameco’s average realized price will vary between $58/lb and $65/lb in the next four years.
Cameco: Get Ready For Nuclear Energy Renaissance
The global energy crisis, triggered in large part by a significant shortfall in EU intermittent energy generation this year, is leading to a change in the global energy outlook paradigm. 10 EU nations recently petitioned the EU to include nuclear energy as a green energy source due to low emissions. A lack of reliability of wind & solar power, which was recently exposed, combined with a lack of prospects for oil & gas supply growth is creating an energy void. Cameco remains well-positioned to exploit the situation for the long term, while providing a solid investment that can survive any short-term volatility that may still arise in the shorter-term.
Cameco Stock Continues To Be My Favorite Investment For This Decade
Five years after the uranium market ended its decade-long slide and finally stabilized, investors are starting to grow comfortable with the idea that the uranium market turned a corner. Cameco is well-positioned to continue profiting from improving uranium market fundamentals that will most likely last throughout the decade. It has ample viable reserves, a profitable business model and sustainable financial situation that can help it weather the volatile nature of the uranium industry.
Shareholder Returns
| CCJ | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -8.5% | 0.7% | -4.6% |
| 1Y | 72.8% | 45.7% | 7.7% |
Return vs Industry: CCJ exceeded the US Oil and Gas industry which returned 46.8% over the past year.
Return vs Market: CCJ exceeded the US Market which returned 10.2% over the past year.
Price Volatility
| CCJ volatility | |
|---|---|
| CCJ Average Weekly Movement | 7.7% |
| Oil and Gas Industry Average Movement | 7.3% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: CCJ is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: CCJ's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | n/a | Tim Gitzel | https://www.cameco.com |
Cameco Corporation produces and sells uranium. It operates in two segments, Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrate.
Cameco Fundamentals Summary
| CCJ fundamental statistics | |
|---|---|
| Market Cap | CA$10.86b |
| Earnings (TTM) | -CA$33.98m |
| Revenue (TTM) | CA$1.56b |
7.0x
P/S Ratio-319.7x
P/E RatioIs CCJ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CCJ income statement (TTM) | |
|---|---|
| Revenue | CA$1.56b |
| Cost of Revenue | CA$1.09b |
| Gross Profit | CA$469.45m |
| Expenses | CA$503.43m |
| Earnings | -CA$33.98m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 09, 2022
| Earnings per share (EPS) | -0.085 |
| Gross Margin | 30.08% |
| Net Profit Margin | -2.18% |
| Debt/Equity Ratio | 20.8% |
How did CCJ perform over the long term?
See historical performance and comparisonDividends
0.3%
Current Dividend Yield-93%
Payout RatioValuation
Is Cameco undervalued compared to its fair value and its price relative to the market?
33.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CCJ ($21.82) is trading below our estimate of fair value ($32.64)
Significantly Below Fair Value: CCJ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CCJ is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: CCJ is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CCJ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CCJ's PB Ratio (2.2x) is in line with the US Oil and Gas industry average.
Future Growth
How is Cameco forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
60.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CCJ is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: CCJ is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CCJ's is expected to become profitable in the next 3 years.
Revenue vs Market: CCJ's revenue (5.2% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: CCJ's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CCJ's Return on Equity is forecast to be low in 3 years time (3.8%).
Past Performance
How has Cameco performed over the past 5 years?
26.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CCJ is currently unprofitable.
Growing Profit Margin: CCJ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CCJ is unprofitable, but has reduced losses over the past 5 years at a rate of 26.1% per year.
Accelerating Growth: Unable to compare CCJ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CCJ is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (17.4%).
Return on Equity
High ROE: CCJ has a negative Return on Equity (-0.7%), as it is currently unprofitable.
Financial Health
How is Cameco's financial position?
Financial Position Analysis
Short Term Liabilities: CCJ's short term assets (CA$2.1B) exceed its short term liabilities (CA$325.2M).
Long Term Liabilities: CCJ's short term assets (CA$2.1B) do not cover its long term liabilities (CA$2.2B).
Debt to Equity History and Analysis
Debt Level: CCJ has more cash than its total debt.
Reducing Debt: CCJ's debt to equity ratio has reduced from 27.9% to 20.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CCJ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CCJ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10% per year.
Dividend
What is Cameco current dividend yield, its reliability and sustainability?
0.29%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CCJ's dividend (0.29%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: CCJ's dividend (0.29%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: CCJ is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: CCJ is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: CCJ is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CCJ's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.6yrs
Average management tenure
CEO
Tim Gitzel (58 yo)
11.67yrs
Tenure
CA$6,542,185
Compensation
Mr. Timothy S. Gitzel, also known as Tim, has been the Chief Executive Officer at Cameco Corporation since July 1, 2011 and has been its President since May 14, 2010. Mr. Gitzel serves as the President of...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD5.23M) is about average for companies of similar size in the US market ($USD6.41M).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CCJ's management team is seasoned and experienced (9.6 years average tenure).
Board Members
Experienced Board: CCJ's board of directors are seasoned and experienced ( 11 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CCJ insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Cameco Corporation's employee growth, exchange listings and data sources
Key Information
- Name: Cameco Corporation
- Ticker: CCJ
- Exchange: NYSE
- Founded: 1987
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Implied Market Cap: CA$10.860b
- Listing Market Cap: CA$8.682b
- Shares outstanding: 397.96m
- Website: https://www.cameco.com
Number of Employees
Location
- Cameco Corporation
- 2121-11th Street West
- Saskatoon
- Saskatchewan
- S7M 1J3
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 23:36 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.