Company Valuation: Cameco Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 10,976 13,273 24,787 32,165 54,722 55,792 - -
Change - 20.93% 86.74% 29.77% 70.13% 1.95% - -
Enterprise Value (EV) 1 10,640 11,989 26,004 32,846 54,504 55,094 54,432 52,756
Change - 12.68% 116.91% 26.31% 65.94% 1.08% -1.2% -3.08%
P/E -106x 140x 68.8x 190x 93.1x 78.8x 42.4x 33.4x
PBR - - - 5.05x 7.93x 7.34x 6.33x 5.29x
PEG - -1x 0x -3.6x 0x 3.9x 0.5x 1.2x
Capitalization / Revenue 7.44x 7.11x 9.58x 10.3x 15.7x 16x 14x 12.8x
EV / Revenue 7.21x 6.42x 10x 10.5x 15.7x 15.8x 13.7x 12.1x
EV / EBITDA 196x 62.3x 51.7x 21.1x 28.3x 29.7x 22.1x 18.5x
EV / EBIT -78.1x 797x 91.9x 64.4x 88.2x 89x 49.2x 38.9x
EV / FCF 29.6x 74.4x 48.7x 47.4x 50.7x 253x 50x 42x
FCF Yield 3.38% 1.34% 2.06% 2.11% 1.97% 0.39% 2% 2.38%
Dividend per Share 2 0.08 0.12 0.12 0.16 0.24 0.2533 0.2667 0.3
Rate of return 0.29% 0.39% 0.21% 0.22% 0.19% 0.2% 0.21% 0.23%
EPS 2 -0.26 0.22 0.83 0.39 1.35 1.625 3.021 3.83
Distribution rate -30.8% 54.5% 14.5% 41% 17.8% 15.6% 8.83% 7.83%
Net sales 1 1,475 1,868 2,588 3,136 3,482 3,487 3,986 4,370
EBITDA 1 54.2 192.4 503.2 1,553 1,929 1,854 2,464 2,854
EBIT 1 -136.2 15.05 282.9 510.1 618.1 618.9 1,107 1,357
Net income 1 -103 89 360.8 171.9 590 582.2 1,162 1,347
Net Debt 1 -336.1 -1,285 1,217 680.8 -218.1 -697.9 -1,360 -3,035
Reference price 2 27.58 30.69 57.13 73.91 125.68 128.10 128.10 128.10
Nbr of stocks (in thousands) 397,962 432,500 433,865 435,189 435,407 435,533 - -
Announcement Date 9/2/22 9/2/23 8/2/24 20/2/25 13/2/26 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
78.83x15.8x29.64x0.2% 39.83B
59.63x - - 0.45% 19.69B
-49.05x169.45x-46.18x - 4.85B
52.36x8.8x78.86x-.--% 2.97B
20.2x1.91x17.73x0.78% 2.2B
7.21x - 9.32x-.--% 1.9B
12.05x35.88x61x - 1.74B
19.22x3.4x7.88x-.--% 475M
Average 25.06x 39.20x 22.61x 0.24% 9.21B
Weighted average by Cap. 58.64x 29.69x 25.15x 0.28%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. CCO Stock
  4. CCJ Stock
  5. Valuation Cameco Corporation
-40%: Exceptional extension
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