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 53,736 - -
Change - 20.93% 86.74% 29.77% 70.13% -1.8% - -
Enterprise Value (EV) 1 10,640 11,989 26,004 32,846 54,504 53,038 52,034 50,701
Change - 12.68% 116.91% 26.31% 65.94% -2.69% -1.89% -2.56%
P/E -106x 140x 68.8x 190x 93.1x 75.9x 39.9x 32.5x
PBR - - - 5.05x 7.93x 7.07x 6.1x 5.1x
PEG - -1x 0x -3.6x 0x 3.7x 0.4x 1.4x
Capitalization / Revenue 7.44x 7.11x 9.58x 10.3x 15.7x 15.4x 13.5x 12.2x
EV / Revenue 7.21x 6.42x 10x 10.5x 15.7x 15.2x 13.1x 11.5x
EV / EBITDA 196x 62.3x 51.7x 21.1x 28.3x 28.2x 20.9x 17.4x
EV / EBIT -78.1x 797x 91.9x 64.4x 88.2x 84.7x 46x 37x
EV / FCF 29.6x 74.4x 48.7x 47.4x 50.7x 288x 49.2x 41.2x
FCF Yield 3.38% 1.34% 2.06% 2.11% 1.97% 0.35% 2.03% 2.43%
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% 0.21% 0.22% 0.24%
EPS 2 -0.26 0.22 0.83 0.39 1.35 1.625 3.089 3.796
Distribution rate -30.8% 54.5% 14.5% 41% 17.8% 15.6% 8.63% 7.9%
Net sales 1 1,475 1,868 2,588 3,136 3,482 3,484 3,979 4,400
EBITDA 1 54.2 192.4 503.2 1,553 1,929 1,881 2,488 2,915
EBIT 1 -136.2 15.05 282.9 510.1 618.1 626.3 1,132 1,371
Net income 1 -103 89 360.8 171.9 590 594.3 1,178 1,338
Net Debt 1 -336.1 -1,285 1,217 680.8 -218.1 -697.9 -1,702 -3,035
Reference price 2 27.58 30.69 57.13 73.91 125.68 123.38 123.38 123.38
Nbr of stocks (in thousands) 397,962 432,500 433,865 435,189 435,407 435,533 - -
Announcement Date 2/9/22 A 2/9/23 A 2/8/24 A 2/20/25 A 2/13/26 A - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
75.93x15.23x28.19x0.21% 37.85B
56.28x - - - 18.57B
12.52x3.39x6.4x3.27% 17.32B
-64.78x - -81.77x - 6.13B
-53.24x72.33x-50.57x - 4.68B
47.15x6.79x20.44x-.--% 2.97B
49.31x8.55x76.62x-.--% 2.85B
-45.14x26.59x-73.06x - 2.77B
-28.1x173.52x-68.57x - 2.35B
Average 5.55x 43.77x -17.79x 0.87% 10.61B
Weighted average by Cap. 37.48x 21.19x 4.62x 1.06%

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. C1CJ34 Stock
  5. Valuation Cameco Corporation