Commercial Metals (CMC)
Commercial Metals Statistics
Share Statistics
Commercial Metals has 113M shares outstanding. The number of shares has increased by -1.73% in one year.
| Shares Outstanding | 113M |
| Shares Change (YoY) | -1.73% |
| Shares Change (QoQ) | -0.9% |
| Owned by Institutions (%) | 90.35% |
| Shares Floating | 111.96M |
| Failed to Deliver (FTD) Shares | 77 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 3.7M, so 3.25% of the outstanding shares have been sold short.
| Short Interest | 3.7M |
| Short % of Shares Out | 3.25% |
| Short % of Float | 3.28% |
| Short Ratio (days to cover) | 5.09 |
Valuation Ratios
The PE ratio is 12.79 and the forward PE ratio is 11.58. Commercial Metals's PEG ratio is -0.3.
| PE Ratio | 12.79 |
| Forward PE | 11.58 |
| PS Ratio | 0.78 |
| Forward PS | 0.5 |
| PB Ratio | 1.44 |
| P/FCF Ratio | 10.79 |
| PEG Ratio | -0.3 |
Enterprise Valuation
Commercial Metals has an Enterprise Value (EV) of 6.54B.
| EV / Sales | 0.83 |
| EV / EBITDA | 6.78 |
| EV / EBIT | 7.27 |
| EV / FCF | 11.36 |
Financial Position
The company has a current ratio of 3.94, with a Debt / Equity ratio of 0.28.
| Current Ratio | 3.94 |
| Quick Ratio | 2.78 |
| Debt / Equity | 0.28 |
| Debt / EBITDA | 1.23 |
| Debt / FCF | 2.07 |
| Interest Coverage | 14.48 |
Financial Efficiency
Return on Equity is 11.29% and Return on Invested Capital is 8.8%.
| Return on Equity | 11.29% |
| Return on Assets | 7.12% |
| Return on Invested Capital | 8.8% |
| Revenue Per Employee | $601.45K |
| Profits Per Employee | $36.84K |
| Employee Count | 13,178 |
| Asset Turnover | 1.16 |
| Inventory Turnover | 6.76 |
Taxes
| Income Tax | 150.18M |
| Effective Tax Rate | 23.63% |
Stock Price Statistics
The stock price has increased by -24.91% in the last 52 weeks. The beta is 1.16, so Commercial Metals's price volatility has been higher than the market average.
| Beta | 1.16 |
| 52-Week Price Change | -24.91% |
| 50-Day Moving Average | 47.05 |
| 200-Day Moving Average | 52.61 |
| Relative Strength Index (RSI) | 40.54 |
| Average Volume (20 Days) | 1.29M |
Income Statement
In the last 12 months, Commercial Metals had revenue of 7.93B and earned 485.49M in profits. Earnings per share was 4.19.
| Revenue | 7.93B |
| Gross Profit | 1.36B |
| Operating Income | 693.6M |
| Net Income | 485.49M |
| EBITDA | 963.93M |
| EBIT | 683.56M |
| Earnings Per Share (EPS) | 4.19 |
Balance Sheet
The company has 857.92M in cash and 1.19B in debt, giving a net cash position of -331.7M.
| Cash & Cash Equivalents | 857.92M |
| Total Debt | 1.19B |
| Net Cash | -331.7M |
| Retained Earnings | 4.5B |
| Total Assets | 6.69B |
| Working Capital | 2.02B |
Cash Flow
In the last 12 months, operating cash flow was 899.71M and capital expenditures -324.27M, giving a free cash flow of 575.44M.
| Operating Cash Flow | 899.71M |
| Capital Expenditures | -324.27M |
| Free Cash Flow | 575.44M |
| FCF Per Share | 4.97 |
Margins
Gross margin is 17.14%, with operating and profit margins of 8.75% and 6.13%.
| Gross Margin | 17.14% |
| Operating Margin | 8.75% |
| Pretax Margin | 8.02% |
| Profit Margin | 6.13% |
| EBITDA Margin | 12.16% |
| EBIT Margin | 8.75% |
| FCF Margin | 7.26% |
Dividends & Yields
CMC pays an annual dividend of $0.9, which amounts to a dividend yield of 1.56%.
| Dividend Per Share | $0.90 |
| Dividend Yield | 1.56% |
| Dividend Growth (YoY) | 12.5% |
| Payout Ratio | 157.89% |
| Earnings Yield | 7.82% |
| FCF Yield | 9.27% |
Analyst Forecast
The average price target for CMC is $58, which is 38.5% higher than the current price. The consensus rating is "Hold".
| Price Target | $58 |
| Price Target Difference | 38.5% |
| Analyst Consensus | Hold |
| Analyst Count | 7 |
Stock Splits
The last stock split was on May 23, 2006. It was a forward split with a ratio of 2:1.
| Last Split Date | May 23, 2006 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 3.49 |
| Piotroski F-Score | 5 |