(CALM) Cal-Maine Foods - Overview

Sector: Consumer Defensive | Industry: Farm Products | Exchange: NASDAQ (USA) | Market Cap: 3.642m USD | Total Return: -14.5% in 12m

Shell Eggs, Specialty Eggs, Egg Products, Animal Feed
Total Rating 44
Safety 76
Buy Signal -0.44
Farm Products
Industry Rotation: +5.7
Market Cap: 3.64B
Avg Turnover: 48.1M
Risk 3d forecast
Volatility29.2%
VaR 5th Pctl4.98%
VaR vs Median3.59%
Reward TTM
Sharpe Ratio-0.44
Rel. Str. IBD14.9
Rel. Str. Peer Group39.2
Character TTM
Beta0.069
Beta Downside0.070
Hurst Exponent0.658
Drawdowns 3y
Max DD37.00%
CAGR/Max DD0.65
CAGR/Mean DD2.23
EPS (Earnings per Share) EPS (Earnings per Share) of CALM over the last years for every Quarter: "2021-05": -0.09, "2021-08": -0.37, "2021-11": 0.02, "2022-02": 0.81, "2022-05": 2.25, "2022-08": 2.57, "2022-11": 4.07, "2023-02": 6.62, "2023-05": 2.27, "2023-08": 0.02, "2023-11": 0.35, "2024-02": 2.37, "2024-05": 2.32, "2024-08": 3.06, "2024-11": 4.4786, "2025-02": 10.3919, "2025-05": 7.04, "2025-08": 4.0012, "2025-11": 2.13, "2026-02": 1.0649,
EPS CAGR: 40.31%
EPS Trend: 53.1%
Last SUE: -0.14
Qual. Beats: 0
Revenue Revenue of CALM over the last years for every Quarter: 2021-05: 349.798, 2021-08: 324.986, 2021-11: 381.723, 2022-02: 477.485, 2022-05: 592.964, 2022-08: 658.344, 2022-11: 801.7, 2023-02: 997.493, 2023-05: 688.68, 2023-08: 459.344, 2023-11: 523.234, 2024-02: 703.076, 2024-05: 640.789, 2024-08: 785.871, 2024-11: 954.671, 2025-02: 1417.685, 2025-05: 1103.658, 2025-08: 922.602, 2025-11: 769.498, 2026-02: 666.951,
Rev. CAGR: 18.80%
Rev. Trend: 68.7%
Last SUE: 0.22
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: CALM Cal-Maine Foods

Cal-Maine Foods, Inc. is the largest producer and distributor of shell eggs in the United States. The company manages a vertically integrated business model, encompassing the entire production process from chick hatcheries and feed mills to grading, packaging, and distribution. Its portfolio includes conventional eggs and high-margin specialty products such as cage-free, organic, and nutritionally enhanced varieties sold under national brands like Egg-Land’s Best and Land O Lakes.

The company serves a broad customer base including national grocery chains, club stores, and foodservice distributors across the majority of the U.S. and Puerto Rico. In the packaged foods sector, shell egg pricing is highly cyclical and sensitive to fluctuations in feed costs, primarily corn and soybean meal, which represent the largest variable expenses for producers. Investors may find ValueRay useful for analyzing these commodity price sensitivities and historical valuation trends. Cal-Maine also produces value-added egg products, such as hard-cooked eggs and protein wraps, to diversify its revenue streams beyond raw agricultural commodities.

Headlines to Watch Out For
  • Highly volatile shell egg pricing directly impacts quarterly revenue and profit margins
  • Feed cost fluctuations for corn and soybean meal drive operating expense volatility
  • Highly pathogenic avian influenza outbreaks significantly disrupt domestic egg supply and pricing
  • Shift toward specialty and cage-free egg sales expands long-term premium product margins
  • Consolidation through strategic acquisitions increases national market share and production capacity
Piotroski VR‑10 (Strict) 6.0
Net Income: 695.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.23 > 0.02 and ΔFCF/TA -4.85 > 1.0
NWC/Revenue: 44.37% < 20% (prev 38.68%; Δ 5.69% < -1%)
CFO/TA 0.28 > 3% & CFO 892.4m > Net Income 695.0m
Net Debt (-392.2m) to EBITDA (1.05b): -0.37 < 3
Current Ratio: 8.21 > 1.5 & < 3
Outstanding Shares: last quarter (47.4m) vs 12m ago -3.18% < -2%
Gross Margin: 33.77% > 18% (prev 0.40%; Δ 3.34k% > 0.5%)
Asset Turnover: 111.3% > 50% (prev 123.3%; Δ -11.96% > 0%)
Interest Coverage Ratio: 1.86k > 6 (EBITDA TTM 1.05b / Interest Expense TTM 506k)
Altman Z'' 10.00
A: 0.49 (Total Current Assets 1.75b - Total Current Liabilities 213.0m) / Total Assets 3.14b
B: 0.89 (Retained Earnings 2.80b / Total Assets 3.14b)
C: 0.30 (EBIT TTM 939.6m / Avg Total Assets 3.11b)
D: 6.49 (Book Value of Equity 2.80b / Total Liabilities 432.1m)
Altman-Z'' Score: 14.96 = AAA
Beneish M -2.86
DSRI: 0.60 (Receivables 234.9m/428.4m, Revenue 3.46b/3.80b)
GMI: 1.17 (GM 33.77% / 39.64%)
AQI: 1.78 (AQ_t 0.05 / AQ_t-1 0.03)
SGI: 0.91 (Revenue 3.46b / 3.80b)
TATA: -0.06 (NI 695.0m - CFO 892.4m) / TA 3.14b)
Beneish M-Score: -2.86 (Cap -4..+1) = A
What is the price of CALM shares? As of May 21, 2026, the stock is trading at USD 78.26 with a total of 534,075 shares traded.
Over the past week, the price has changed by -1.57%, over one month by +4.66%, over three months by -6.19% and over the past year by -14.54%.
Is CALM a buy, sell or hold? Cal-Maine Foods has received a consensus analysts rating of 3.67. Therefor, it is recommend to hold CALM.
  • StrongBuy: 1
  • Buy: 0
  • Hold: 2
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the CALM price?
Analysts Target Price 88 12.4%
Cal-Maine Foods (CALM) - Fundamental Data Overview as of 19 May 2026
P/E Trailing = 5.35
P/E Forward = 19.802
P/S = 1.0519
P/B = 1.3356
P/EG = 2.1983
Revenue TTM = 3.46b USD
EBIT TTM = 939.6m USD
EBITDA TTM = 1.05b USD
 Long Term Debt = unknown (none)
 Short Term Debt = unknown (none)
 Debt = unknown
 Net Debt = -392.2m USD (from netDebt column, last quarter)
Enterprise Value = 2.49b USD (3.64b + (null Debt) - CCE 1.15b)
Interest Coverage Ratio = 1.86k (Ebit TTM 939.6m / Interest Expense TTM 506k)
EV/FCF = 3.45x (Enterprise Value 2.49b / FCF TTM 722.9m)
FCF Yield = 29.03% (FCF TTM 722.9m / Enterprise Value 2.49b)
FCF Margin = 20.88% (FCF TTM 722.9m / Revenue TTM 3.46b)
Net Margin = 20.07% (Net Income TTM 695.0m / Revenue TTM 3.46b)
Gross Margin = 33.77% ((Revenue TTM 3.46b - Cost of Revenue TTM 2.29b) / Revenue TTM)
Gross Margin QoQ = 17.88% (prev 26.95%)
Tobins Q-Ratio = 0.79 (Enterprise Value 2.49b / Total Assets 3.14b)
 Interest Expense / Debt = unknown (Interest Expense 201k / Debt none)
 Taxrate = 12.15% (7.07m / 58.2m)
NOPAT = 825.5m (EBIT 939.6m * (1 - 12.15%))
Current Ratio = 8.21 (Total Current Assets 1.75b / Total Current Liabilities 213.0m)
 Debt / Equity = unknown (Debt none)
 Debt / EBITDA = -0.37 (Net Debt -392.2m / EBITDA 1.05b)
Debt / FCF = -0.54 (Net Debt -392.2m / FCF TTM 722.9m)
Total Stockholder Equity = 2.66b (last 4 quarters mean from totalStockholderEquity)
RoA = 22.35% (Net Income 695.0m / Total Assets 3.14b)
RoE = 26.11% (Net Income TTM 695.0m / Total Stockholder Equity 2.66b)
RoCE = 32.11% (EBIT 939.6m / Capital Employed (Total Assets 3.14b - Current Liab 213.0m))
RoIC = 31.01% (NOPAT 825.5m / Invested Capital 2.66b)
WACC = 6.23% (E(3.64b)/V(3.64b) * Re(6.23%) + (debt-free company))
Discount Rate = 6.23% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares (quarterly) Correlation: -33.33 | Cagr: -1.33%
[DCF] Terminal Value 87.62% ; FCFF base≈777.3m ; Y1≈958.9m ; Y5≈1.64b
[DCF] Fair Price = 937.3 (EV 44.02b - Net Debt -392.2m = Equity 44.41b / Shares 47.4m; r=6.23% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 53.12 | EPS CAGR: 40.31% | SUE: -0.14 | # QB: 0
Revenue Correlation: 68.70 | Revenue CAGR: 18.80% | SUE: 0.22 | # QB: 0
EPS next Quarter (2026-08-31): EPS=0.55 | Chg30d=+5.77% | Revisions=+20% | Analysts=1
EPS current Year (2026-05-31): EPS=7.93 | Chg30d=+1.93% | Revisions=+20% | GrowthEPS=-68.3% | GrowthRev=-29.2%
EPS next Year (2027-05-31): EPS=3.60 | Chg30d=-6.97% | Revisions=-33% | GrowthEPS=-54.6% | GrowthRev=-7.0%
[Analyst] Revisions Ratio: -33%