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CMP

Compass Minerals InternationalNYSE:CMP Stock Report

Market Cap

US$2.2b

7D

7.1%

1Y

8.5%

Updated

27 Sep, 2021

Data

Company Financials +
CMP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance1/6
Financial Health1/6
Dividends5/6

CMP Overview

Compass Minerals International, Inc., produces and sells essential minerals primarily in the United States, Canada, Brazil, the United Kingdom, and internationally.

Compass Minerals International Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Compass Minerals International
Historical stock prices
Current Share PriceUS$63.96
52 Week HighUS$54.24
52 Week LowUS$72.00
Beta1.63
1 Month Change-4.01%
3 Month Change8.61%
1 Year Change8.48%
3 Year Change-4.79%
5 Year Change-13.07%
Change since IPO365.16%

Recent News & Updates

Aug 02

Compass Minerals International: Improved Picture Due To Restructuring And Lithium Resources

The 2.4 million tons of lithium might lead to a stable source of additional revenue from Compass Minerals in the years to come. The sale of the South American business is improving the company's balance sheet. Compass Minerals International seems to be fairly valued at this point.

Jul 28
Compass Minerals International (NYSE:CMP) May Have Issues Allocating Its Capital

Compass Minerals International (NYSE:CMP) May Have Issues Allocating Its Capital

Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...

Shareholder Returns

CMPUS Metals and MiningUS Market
7D7.1%3.9%2.0%
1Y8.5%43.6%32.8%

Return vs Industry: CMP underperformed the US Metals and Mining industry which returned 43.6% over the past year.

Return vs Market: CMP underperformed the US Market which returned 32.8% over the past year.

Price Volatility

Is CMP's price volatile compared to industry and market?
CMP volatility
CMP Beta1.63
Industry Beta1.33
Market Beta1

Stable Share Price: CMP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: CMP's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19933,229Kevin Crutchfieldhttps://www.compassminerals.com

Compass Minerals International, Inc., produces and sells essential minerals primarily in the United States, Canada, Brazil, the United Kingdom, and internationally. It operates through three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. The Salt segment offers sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with salt to produce specialty products.

Compass Minerals International Fundamentals Summary

How do Compass Minerals International's earnings and revenue compare to its market cap?
CMP fundamental statistics
Market CapUS$2.18b
Earnings (TTM)US$50.80m
Revenue (TTM)US$1.48b

42.9x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CMP income statement (TTM)
RevenueUS$1.48b
Cost of RevenueUS$1.15b
Gross ProfitUS$327.20m
ExpensesUS$276.40m
EarningsUS$50.80m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.49
Gross Margin22.15%
Net Profit Margin3.44%
Debt/Equity Ratio617.8%

How did CMP perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

193%

Payout Ratio

Valuation

Is Compass Minerals International undervalued compared to its fair value and its price relative to the market?

42.86x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CMP ($63.96) is trading above our estimate of fair value ($44.48)

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


Price To Earnings Ratio

PE vs Industry: CMP is poor value based on its PE Ratio (42.9x) compared to the US Metals and Mining industry average (11.8x).

PE vs Market: CMP is poor value based on its PE Ratio (42.9x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: CMP is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: CMP is overvalued based on its PB Ratio (11.7x) compared to the US Metals and Mining industry average (2.2x).


Future Growth

How is Compass Minerals International forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

64.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CMP's forecast earnings growth (64% per year) is above the savings rate (2%).

Earnings vs Market: CMP's earnings (64% per year) are forecast to grow faster than the US market (15% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CMP's revenue (3.6% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: CMP's revenue (3.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CMP's Return on Equity is forecast to be very high in 3 years time (61.4%).


Past Performance

How has Compass Minerals International performed over the past 5 years?

-17.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CMP has high quality earnings.

Growing Profit Margin: CMP's current net profit margins (3.4%) are lower than last year (7.2%).


Past Earnings Growth Analysis

Earnings Trend: CMP's earnings have declined by 17.8% per year over the past 5 years.

Accelerating Growth: CMP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CMP had negative earnings growth (-48.4%) over the past year, making it difficult to compare to the Metals and Mining industry average (108.8%).


Return on Equity

High ROE: Whilst CMP's Return on Equity (27.97%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Compass Minerals International's financial position?


Financial Position Analysis

Short Term Liabilities: CMP's short term assets ($883.3M) exceed its short term liabilities ($427.7M).

Long Term Liabilities: CMP's short term assets ($883.3M) do not cover its long term liabilities ($1.4B).


Debt to Equity History and Analysis

Debt Level: CMP's debt to equity ratio (617.8%) is considered high.

Reducing Debt: CMP's debt to equity ratio has increased from 110.4% to 617.8% over the past 5 years.

Debt Coverage: CMP's debt is not well covered by operating cash flow (13.2%).

Interest Coverage: CMP's interest payments on its debt are not well covered by EBIT (2.2x coverage).


Balance Sheet


Dividend

What is Compass Minerals International current dividend yield, its reliability and sustainability?

4.50%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CMP's dividend (4.5%) is higher than the bottom 25% of dividend payers in the US market (1.3%).

High Dividend: CMP's dividend (4.5%) is in the top 25% of dividend payers in the US market (3.57%)


Stability and Growth of Payments

Stable Dividend: CMP's dividends per share have been stable in the past 10 years.

Growing Dividend: CMP's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (192.6%), CMP's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CMP's dividends in 3 years are forecast to be covered by earnings (78.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Kevin Crutchfield (60 yo)

2.33yrs

Tenure

US$5,734,860

Compensation

Mr. Kevin S. Crutchfield is President, Chief Executive Officer and Director at Compass Minerals International, Inc. since May 7, 2019. He joined Compass Minerals in May 2019. Mr. Crutchfield served as the...


CEO Compensation Analysis

Compensation vs Market: Kevin's total compensation ($USD5.73M) is above average for companies of similar size in the US market ($USD3.66M).

Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CMP's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: CMP's board of directors are considered experienced (7.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Compass Minerals International, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Compass Minerals International, Inc.
  • Ticker: CMP
  • Exchange: NYSE
  • Founded: 1993
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: US$2.177b
  • Shares outstanding: 34.04m
  • Website: https://www.compassminerals.com

Number of Employees


Location

  • Compass Minerals International, Inc.
  • 9900 West 109th Street
  • Suite 100
  • Overland Park
  • Kansas
  • 66210
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 23:01
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
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.