Commercial Metals Company Statistics
Total Valuation
CMC has a market cap or net worth of $6.40 billion. The enterprise value is $6.92 billion.
| Market Cap | 6.40B |
| Enterprise Value | 6.92B |
Important Dates
The last earnings date was Thursday, March 21, 2024, before market open.
| Earnings Date | Mar 21, 2024 |
| Ex-Dividend Date | Mar 28, 2024 |
Share Statistics
CMC has 115.71 million shares outstanding. The number of shares has decreased by -1.01% in one year.
| Shares Outstanding | 115.71M |
| Shares Change (YoY) | -1.01% |
| Shares Change (QoQ) | -0.70% |
| Owned by Insiders (%) | 0.73% |
| Owned by Institutions (%) | 88.80% |
| Float | 114.69M |
Valuation Ratios
The trailing PE ratio is 9.60 and the forward PE ratio is 12.15. CMC's PEG ratio is 12.25.
| PE Ratio | 9.60 |
| Forward PE | 12.15 |
| PS Ratio | 0.76 |
| Forward PS | 0.79 |
| PB Ratio | 1.51 |
| P/FCF Ratio | 9.73 |
| PEG Ratio | 12.25 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.84, with an EV/FCF ratio of 10.52.
| EV / Earnings | 10.17 |
| EV / Sales | 0.82 |
| EV / EBITDA | 5.84 |
| EV / EBIT | 7.44 |
| EV / FCF | 10.52 |
Financial Position
The company has a current ratio of 4.19, with a Debt / Equity ratio of 0.28.
| Current Ratio | 4.19 |
| Quick Ratio | 2.30 |
| Debt / Equity | 0.28 |
| Debt / EBITDA | 0.98 |
| Debt / FCF | 1.77 |
| Interest Coverage | 22.82 |
Financial Efficiency
Return on equity (ROE) is 16.40% and return on invested capital (ROIC) is 13.21%.
| Return on Equity (ROE) | 16.40% |
| Return on Assets (ROA) | 10.30% |
| Return on Capital (ROIC) | 13.21% |
| Revenue Per Employee | $645,489 |
| Profits Per Employee | $52,239 |
| Employee Count | 13,022 |
| Asset Turnover | 1.27 |
| Inventory Turnover | 5.93 |
Taxes
In the past 12 months, CMC has paid $209.34 million in taxes.
| Income Tax | 209.34M |
| Effective Tax Rate | 23.53% |
Stock Price Statistics
The stock price has increased by +14.24% in the last 52 weeks. The beta is 1.33, so CMC's price volatility has been higher than the market average.
| Beta (1Y) | 1.33 |
| 52-Week Price Change | +14.24% |
| 50-Day Moving Average | 55.25 |
| 200-Day Moving Average | 51.35 |
| Relative Strength Index (RSI) | 45.11 |
| Average Volume (30 Days) | 962,016 |
Short Selling Information
The latest short interest is 2.42 million, so 2.09% of the outstanding shares have been sold short.
| Short Interest | 2.42M |
| Short Previous Month | 2.97M |
| Short % of Shares Out | 2.09% |
| Short % of Float | 2.11% |
| Short Ratio (days to cover) | 2.27 |
Income Statement
In the last 12 months, CMC had revenue of $8.41 billion and earned $680.26 million in profits. Earnings per share was $5.76.
| Revenue | 8.41B |
| Gross Profit | 1.60B |
| Operating Income | 930.36M |
| Pretax Income | 889.59M |
| Net Income | 680.26M |
| EBITDA | 1.18B |
| EBIT | 930.36M |
| Earnings Per Share (EPS) | $5.76 |
Balance Sheet
The company has $638.26 million in cash and $1.16 billion in debt, giving a net cash position of -$523.54 million or -$4.52 per share.
| Cash & Cash Equivalents | 638.26M |
| Total Debt | 1.16B |
| Net Cash | -523.54M |
| Net Cash Per Share | -$4.52 |
| Equity / Book Value | 4.22B |
| Book Value Per Share | 36.49 |
| Working Capital | 2.44B |
Cash Flow
In the last 12 months, operating cash flow was $1.14 billion and capital expenditures -$477.71 million, giving a free cash flow of $657.51 million.
| Operating Cash Flow | 1.14B |
| Capital Expenditures | -477.71M |
| Free Cash Flow | 657.51M |
| FCF Per Share | $5.65 |
Margins
Gross margin is 19.07%, with operating and profit margins of 11.07% and 8.09%.
| Gross Margin | 19.07% |
| Operating Margin | 11.07% |
| Pretax Margin | 10.58% |
| Profit Margin | 8.09% |
| EBITDA Margin | 14.09% |
| EBIT Margin | 11.07% |
| FCF Margin | 7.82% |
Dividends & Yields
This stock pays an annual dividend of $0.72, which amounts to a dividend yield of 1.30%.
| Dividend Per Share | $0.72 |
| Dividend Yield | 1.30% |
| Dividend Growth (YoY) | 6.45% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 12.50% |
| Buyback Yield | 1.01% |
| Shareholder Yield | 2.31% |
| Earnings Yield | 10.64% |
| FCF Yield | 10.28% |
Analyst Forecast
The average price target for CMC is $55.75, which is 0.85% higher than the current price. The consensus rating is "Buy".
| Price Target | $55.75 |
| Price Target Difference | 0.85% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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
CMC has an Altman Z-Score of 4.64 and a Piotroski F-Score of 6.
| Altman Z-Score | 4.64 |
| Piotroski F-Score | 6 |