NYSE:CCJ

Stock Analysis Report

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Executive Summary

Cameco Corporation produces and sells uranium. More Details


Snowflake Analysis

Moderate growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has Cameco's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CCJ is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: CCJ's weekly volatility (10%) has been stable over the past year.


Market Performance


7 Day Return

-5.7%

CCJ

3.0%

US Oil and Gas

-3.6%

US Market


1 Year Return

80.4%

CCJ

4.9%

US Oil and Gas

36.5%

US Market

Return vs Industry: CCJ exceeded the US Oil and Gas industry which returned 4.9% over the past year.

Return vs Market: CCJ exceeded the US Market which returned 36.4% over the past year.


Shareholder returns

CCJIndustryMarket
7 Day-5.7%3.0%-3.6%
30 Day26.1%18.5%2.7%
90 Day56.3%29.7%7.5%
1 Year81.5%80.4%12.2%4.9%39.5%36.5%
3 Year77.7%74.6%-14.0%-26.1%53.5%43.6%
5 Year35.8%25.5%1.9%-18.1%117.5%93.2%

Long-Term Price Volatility Vs. Market

How volatile is Cameco's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Cameco undervalued compared to its fair value and its price relative to the market?

1.6x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: CCJ ($15.66) is trading above our estimate of fair value ($7.35)

Significantly Below Fair Value: CCJ is trading above our estimate of fair value.


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 is overvalued based on its PB Ratio (1.6x) compared to the US Oil and Gas industry average (1.4x).


Next Steps

Future Growth

How is Cameco forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

63.1%

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 (0.8% per year) is forecast to grow slower than the US market (10.4% per year).

High Growth Revenue: CCJ's revenue (0.8% 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 (3.1%).


Next Steps

Past Performance

How has Cameco performed over the past 5 years?

15.0%

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 15% 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 (-38.8%).


Return on Equity

High ROE: CCJ has a negative Return on Equity (-1.07%), as it is currently unprofitable.


Next Steps

Financial Health

How is Cameco's financial position?


Financial Position Analysis

Short Term Liabilities: CCJ's short term assets (CA$1.9B) exceed its short term liabilities (CA$303.8M).

Long Term Liabilities: CCJ's short term assets (CA$1.9B) do not cover its long term liabilities (CA$2.3B).


Debt to Equity History and Analysis

Debt Level: CCJ's debt to equity ratio (20.2%) is considered satisfactory.

Reducing Debt: CCJ's debt to equity ratio has reduced from 27% to 20.2% over the past 5 years.

Debt Coverage: CCJ's debt is not well covered by operating cash flow (5.7%).

Interest Coverage: CCJ is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Cameco current dividend yield, its reliability and sustainability?

0.40%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CCJ's dividend (0.4%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: CCJ's dividend (0.4%) is low compared to the top 25% of dividend payers in the US market (3.77%).


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?

8.8yrs

Average management tenure


CEO

Tim Gitzel (57 yo)

9.58yrs

Tenure

CA$7,024,798

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 ($USD5.53M) is about average for companies of similar size in the US market ($USD6.40M).

Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Timothy Gitzel
President9.58yrsCA$7.02m0.093%
CA$ 5.8m
Grant Isaac
Senior VP & CFO9.58yrsCA$2.85m0.022%
CA$ 1.4m
Brian Reilly
Senior VP & COO3.58yrsCA$2.34m0.0070%
CA$ 439.3k
Sean Quinn
Senior VP6.83yrsCA$2.18m0.011%
CA$ 677.1k
Alice Wong
Senior VP & Chief Corporate Officer9.58yrsCA$2.00m0.019%
CA$ 1.2m
Rachelle Girard
Director of Investor Relations8.58yrsno data0.0022%
CA$ 139.2k
Scott McHardy
Director of North American Exploration & VP of Exploration8.83yrsno data0.0042%
CA$ 259.0k
Heidi Shockey
Vice-President & Controllerno datano data0.0023%
CA$ 146.0k
Leah Hipperson
Manager of Treasury & Insuranceno datano datano data

8.8yrs

Average Tenure

Experienced Management: CCJ's management team is seasoned and experienced (8.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Timothy Gitzel
President9.58yrsCA$7.02m0.093%
CA$ 5.8m
James Gowans
Independent Director12.08yrsCA$227.80k0.0023%
CA$ 141.7k
Ian Bruce
Independent Chairman of the Board & Presiding Director2.75yrsCA$230.00k0.019%
CA$ 1.2m
Daniel Camus
Independent Director10.08yrsCA$231.53kno data
Kathryn Jackson
Independent Director4.08yrsCA$216.30kno data
Donald Kayne
Independent Director5.08yrsCA$236.80kno data
A. McLellan
Independent Director15.08yrsCA$216.00k0.000030%
CA$ 1.9k
Catherine Gignac
Independent Director7.08yrsCA$227.80k0.0050%
CA$ 314.5k
Donald H. Deranger
Independent Director12.08yrsCA$205.00kno data
Leontine van Leeuwen-Atkins
Independent Corporate Director0.50yrno data0.00082%
CA$ 51.2k

8.6yrs

Average Tenure

63.5yo

Average Age

Experienced Board: CCJ's board of directors are considered experienced (8.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CCJ insiders have only sold shares 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 company bio, 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
  • Market Cap: CA$7.925b
  • Listing Market Cap: CA$6.240b
  • Shares outstanding: 396.86m
  • Website: https://www.cameco.com

Number of Employees


Location

  • Cameco Corporation
  • 2121-11th Street West
  • Saskatoon
  • Saskatchewan
  • S7M 1J3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CCJNYSE (New York Stock Exchange)YesCommon SharesUSUSDJul 1991
CCOTSX (The Toronto Stock Exchange)YesCommon SharesCACADJul 1991
CJ6DB (Deutsche Boerse AG)YesCommon SharesDEEURJul 1991
0R35LSE (London Stock Exchange)YesCommon SharesGBCADJul 1991

Biography

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 s...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/28 23:50
End of Day Share Price2021/02/26 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.