Cameco
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
39.0333.2029.7325.73
Price/Sales ratio
9.438.989.008.54
Earnings per Share (EPS)
$1.88$2.21$2.47$2.86

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
40.71103.35-87.91-23.4436.8561.76-127.18-106.79139.2668.53292.2136.85
Price/Sales ratio
3.142.442.222.222.932.453.757.436.669.5511.762.93
Price/Book Value ratio
1.381.211.030.981.220.911.362.262.134.055.481.22
Price/Cash Flow ratio
15.7014.9917.338.069.188.67118.9323.9240.8635.9366.889.18
Price/Free Cash Flow ratio
101.91K73.7856.739.9610.0110.11-328.8730.4977.2446.26103.4410.01
Price/Earnings Growth ratio
-0.96-1.560.43-0.10-0.20-1.120.75-1.06-0.750.2412.16-0.20
Dividend Yield
2.09%2.34%2.92%3.29%1.16%0.69%0.46%0.29%0.41%0.21%0.15%0.69%
Profitability Indicator Ratios
Gross Profit Margin
26.60%25.30%19.06%20.22%14.13%12.97%5.91%0.13%12.48%30.21%21.19%14.13%
Operating Profit Margin
1.59%8.91%-5.83%-5.92%3.35%8.30%-0.37%-3.54%6.97%10.93%13.80%3.35%
Pretax Profit Margin
-4.96%-2.87%-6.34%-9.60%1.90%7.24%-2.19%-7.04%4.53%18.82%6.26%1.90%
Net Profit Margin
7.72%2.37%-2.53%-9.50%7.95%3.97%-2.95%-6.95%4.78%13.94%4.16%4.16%
Effective Tax Rate
147.16%179.93%61.17%1.21%-316.32%45.23%-34.57%1.15%-5.27%25.93%64.77%-316.32%
Return on Assets
2.18%0.74%-0.74%-2.63%2.07%0.99%-0.70%-1.36%1.03%3.63%1.25%1.25%
Return On Equity
3.40%1.17%-1.17%-4.21%3.33%1.48%-1.07%-2.11%1.53%5.92%1.89%1.89%
Return on Capital Employed
0.48%3.02%-1.82%-1.73%0.98%2.16%-0.09%-0.73%1.61%3.23%4.40%0.98%
Liquidity Ratios
Current Ratio
4.003.254.355.192.376.516.40N/AN/AN/A2.872.37
Quick Ratio
2.001.061.242.521.745.043.863.954.450.840.965.04
Cash ratio
1.090.680.681.430.813.122.392.451.610.470.303.12
Days of Sales Outstanding
65.2834.3939.7175.1973.8466.2733.6775.3142.4358.3640.7366.27
Days of Inventory outstanding
214.19260.05270.24233.27113.2091.46165.90125.09183.67170.11167.08113.20
Operating Cycle
279.48294.45309.95308.46187.04157.74199.57200.40226.10228.48207.82187.04
Days of Payables Outstanding
37.9835.3239.5937.5525.0422.6029.5652.8755.8178.6060.8425.04
Cash Conversion Cycle
241.50259.12270.35270.90162.00135.13170.00147.53170.29149.87146.98135.13
Debt Ratios
Debt Ratio
0.170.160.180.190.180.130.130.130.110.170.130.13
Debt Equity Ratio
0.270.260.280.300.290.190.200.200.170.290.200.19
Long-term Debt to Capitalization
0.210.210.220.230.160.160.160.170.140.170.160.16
Total Debt to Capitalization
0.210.210.220.230.230.160.160.170.140.220.160.16
Interest Coverage Ratio
-0.21-0.844.113.66-2.045.74-0.69N/AN/AN/A2.82-2.04
Cash Flow to Debt Ratio
0.320.300.200.390.440.520.050.460.300.380.400.52
Company Equity Multiplier
1.551.581.561.601.601.481.521.551.471.631.491.48
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.200.160.120.270.310.280.030.310.160.260.180.28
Free Cash Flow / Operating Cash Flow Ratio
0.000.200.300.800.910.85-0.360.780.520.770.620.85
Cash Flow Coverage Ratio
0.320.300.200.390.440.520.050.460.300.380.400.52
Short Term Coverage Ratio
N/AN/AN/AN/A1.33N/AN/AN/AN/A1.36N/AN/A
Dividend Payout Ratio
85.40%242.49%-256.95%-77.23%42.82%42.72%-59.47%-31.01%58.05%14.43%44.70%42.82%