Cameco Corporation produces and sells uranium worldwide. The company operates through Uranium, Fuel Services, and NUKEM segments. The company was founded in 1987 and is based in Saskatoon, Canada.
CCJ Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Cameco Corp. To summarize, we found that Cameco Corp ranked in the 99th percentile in terms of potential gain offered. Our DCF analysis implies the stock could yield a return of 61572.17% if fairly valued; such returns are always unlikely, though, so further investigation is likely warranted. The most interesting components of our discounted cash flow analysis for Cameco Corp ended up being:
Its compound free cash flow growth rate, as measured over the past 5.06 years, is 2.52% -- higher than 96.94% of stocks in our DCF forecasting set.
Cameco Corp's effective tax rate, as measured by taxes paid relative to net income, is at 21 -- greater than 84.83% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Basic Materials), Cameco Corp has a reliance on debt greater than just 24% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Cameco Corp? See SND, PQG, FRD, VEDL, and KRA.