Commercial Metals Stock Performance
| CMC Stock | USD 61.22 0.78 1.29% |
On a scale of 0 to 100, Commercial Metals holds a performance score of 6. The firm shows a Beta (market volatility) of 2.53, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Commercial Metals will likely underperform. Please check Commercial Metals' jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether Commercial Metals' price patterns will revert.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Commercial Metals are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather uncertain primary indicators, Commercial Metals exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.29 | Five Day Return 2.51 | Year To Date Return 22 | Ten Year Return 261.39 | All Time Return 22.2 K |
Forward Dividend Yield 0.0118 | Payout Ratio 0.158 | Last Split Factor 2:1 | Forward Dividend Rate 0.72 | Dividend Date 2024-11-14 |
1 | Disposition of tradable shares by Perkins Tandra C of Commercial Metals subject to Rule 16b-3 | 08/30/2024 |
2 | Commercial Metals Strong Earnings Track Record and Positive Outlook | 09/10/2024 |
3 | Acquisition by Avril-groves Vicki L of tradable shares of Commercial Metals at 52.59 subject to Rule 16b-3 | 10/04/2024 |
4 | Disposition of 1004 shares by Jennifer Durbin of Commercial Metals at 52.59 subject to Rule 16b-3 | 10/10/2024 |
5 | Disposition of 186 shares by Lindsay Sloan of Commercial Metals at 52.59 subject to Rule 16b-3 | 10/11/2024 |
6 | Commercial Metals Q4 2024 Earnings Call Transcript | 10/17/2024 |
7 | Commercial Metals Company Q4 2024 Earnings Call Transcript | 10/18/2024 |
8 | Commercial Metals Co Stock Price Up 4.04 percent on Oct 28 | 10/28/2024 |
9 | CMC Metals Announces Results of AGM and Granting of Options | 11/06/2024 |
10 | Meritage Portfolio Management Increases Holdings in Commercial Metals | 11/12/2024 |
| Commercial Metals dividend paid on 14th of November 2024 | 11/14/2024 |
11 | Acquisition by Sarah Raiss of tradable shares of Commercial Metals at 59.43 subject to Rule 16b-3 | 11/18/2024 |
12 | CMC Metals Ltd. Options the Silverknife Property to Coeur Mining, Inc. | 11/20/2024 |
| Begin Period Cash Flow | 595.7 M |
Commercial |
Commercial Metals Relative Risk vs. Return Landscape
If you would invest 5,401 in Commercial Metals on August 26, 2024 and sell it today you would earn a total of 721.00 from holding Commercial Metals or generate 13.35% return on investment over 90 days. Commercial Metals is generating 0.2229% of daily returns assuming volatility of 2.5149% on return distribution over 90 days investment horizon. In other words, 22% of stocks are less volatile than Commercial, and above 96% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Commercial Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Commercial Metals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Commercial Metals, and traders can use it to determine the average amount a Commercial Metals' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0886
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Commercial Metals is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Commercial Metals by adding it to a well-diversified portfolio.
Commercial Metals Fundamentals Growth
Commercial Stock prices reflect investors' perceptions of the future prospects and financial health of Commercial Metals, and Commercial Metals fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Commercial Stock performance.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0644 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 7.31 B | ||||
| Shares Outstanding | 113.91 M | ||||
| Price To Earning | 22.20 X | ||||
| Price To Book | 1.62 X | ||||
| Price To Sales | 0.88 X | ||||
| Revenue | 7.93 B | ||||
| Gross Profit | 1.81 B | ||||
| EBITDA | 963.93 M | ||||
| Net Income | 485.49 M | ||||
| Cash And Equivalents | 592.33 M | ||||
| Cash Per Share | 5.73 X | ||||
| Total Debt | 1.19 B | ||||
| Debt To Equity | 0.50 % | ||||
| Current Ratio | 2.54 X | ||||
| Book Value Per Share | 37.68 X | ||||
| Cash Flow From Operations | 899.71 M | ||||
| Earnings Per Share | 4.14 X | ||||
| Market Capitalization | 6.97 B | ||||
| Total Asset | 6.82 B | ||||
| Retained Earnings | 4.5 B | ||||
| Working Capital | 2.46 B | ||||
| Current Asset | 2.05 B | ||||
| Current Liabilities | 821.12 M | ||||
About Commercial Metals Performance
By analyzing Commercial Metals' fundamental ratios, stakeholders can gain valuable insights into Commercial Metals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Commercial Metals has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Commercial Metals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 54.01 | 36.25 | |
| Return On Tangible Assets | 0.08 | 0.04 | |
| Return On Capital Employed | 0.12 | 0.14 | |
| Return On Assets | 0.07 | 0.04 | |
| Return On Equity | 0.11 | 0.09 |
Things to note about Commercial Metals performance evaluation
Checking the ongoing alerts about Commercial Metals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Commercial Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 90.0% of the company shares are held by institutions such as insurance companies | |
| On 14th of November 2024 Commercial Metals paid $ 0.18 per share dividend to its current shareholders | |
| Latest headline from globenewswire.com: CMC Metals Ltd. Options the Silverknife Property to Coeur Mining, Inc. |
- Analyzing Commercial Metals' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Commercial Metals' stock is overvalued or undervalued compared to its peers.
- Examining Commercial Metals' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Commercial Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Commercial Metals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Commercial Metals' stock. These opinions can provide insight into Commercial Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Commercial Stock analysis
When running Commercial Metals' price analysis, check to measure Commercial Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Commercial Metals is operating at the current time. Most of Commercial Metals' value examination focuses on studying past and present price action to predict the probability of Commercial Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commercial Metals' price. Additionally, you may evaluate how the addition of Commercial Metals to your portfolios can decrease your overall portfolio volatility.
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