Cameco Corporation (CCJ) is a publicly traded company in the Energy — Uranium industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Cameco Corporation is a prominent global enterprise specializing in the production and distribution of uranium. Its operations are structured into two core divisions: Uranium and Fuel Services. The Uranium division manages the full upstream process, encompassing the exploration, extraction, and initial processing (milling) of uranium ore, as well as the procurement and sale of uranium concentrate.
Is Cameco Corporation stock overvalued or undervalued in 2026?
Cameco Corporation (CCJ) trades at 151× earnings (P/E), against a median of 17.3× across the 140 energy companies above $2bn in Kaplio's universe. No valuation verdict: it is a cyclical and today's P/E (151) does not tell whether it is cheap.
Kaplio overview: Cameco Corporation
Market cap $37B · 52 weeks $79 – $134 (37 % below the high) · P/E 151× · 2027 expected P/E 45.3× · Dividend 0.19 % · Next earnings October 30, 2026 · expected EPS $0.23 · Closing price, Oct 28 · accounts published Jul 31.
- Valuation: P/E 151.0× (no verdict).
- Business: 5-year ROIC 1.8 % (weak).
- Balance sheet: Net cash/EBITDA 0.1× (solid).
- Earnings: 5 of 8 (uneven).
What would it be worth at its usual multiples?
No valuation verdict: it is a cyclical and today's P/E (151) does not tell whether it is cheap.
In cyclicals the P/E misleads: today's earnings are not the normal ones.
What matters in energy: 4 of 8 pass
- FCF yield 2.3 %, fails.
- 5y avg ROIC 1.8 %, fails.
- EV/EBITDA vs own 10y 59.1×, fails.
- Capex / Revenue 9.6 %, borderline.
- Positive FCF through the cycle 9 de 10 ejercicios, passes.
- Dividend coverage (FCF / div) 10.3×, passes.
- Net debt / EBITDA −0.1×, passes.
- P/E read in reverse (cyclicals) 151.0×, passes.
Against its peers (reference peers) — Cameco Corporation: P/E 151×; EV/EBITDA 59.0×; ROIC 3.9 %; $36.5B. Centrus Energy Corp. (P/E 50.9×; EV/EBITDA 20.2×; ROIC 0.3 %; $2.2B).
Expensive or cheap against its last ten years?
P/E at each close: today 151× · median 38.9× · minimum 21.1× · maximum 151× · cheap below 31.8× · expensive above 64.1×. It has been cheaper than today 100% of the time over its last ten years.
Dividend
token · Yield 0.19 % ($0.17 per ADS in 2025) · Years raising it 2 · 5-year growth +31 % a year · Free cash flow coverage 10.2× · With $1,000 invested today you'd collect $1.90 a year ($0.16 a month).
Investor methods verdict
Would Peter Lynch approve Cameco today?
The Lynch Method would wait for a better price for Cameco. Business quality: 100 out of 100 (price not included). Lynch classifies it as a fast grower. Kaplio assessment with data from the week of 2026-10-26; not investment advice.
Profitability
| Return on Equity | 5.09% |
| Return on Invested Capital | 3.93% |
| Return on Assets | 3.45% |
| Gross Margin | 27.57% |
| Operating Margin | 14.26% |
| Net Margin | 10.21% |
Financial Health
| Debt / Equity | 0.14 |
| Current Ratio | 3.06 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 10.86 |
Price Performance
| 1 month | -3.50% |
| 3 months | -2.94% |
| Year-to-date | -8.36% |
| 1 year | -21.40% |
| 3 years | +121.45% |
| 5 years | +245.02% |
| 10 years | +988.83% |
Dividend History
Paid in the last 12 months: $0.1719 per share in 1 payments.
| Date | Amount |
|---|---|
| 2025-12-01 | $0.1719 |
| 2024-11-27 | $0.1141 |
| 2023-11-29 | $0.0883 |
| 2022-11-29 | $0.0880 |
| 2021-11-29 | $0.0650 |
| 2020-11-27 | $0.0610 |
| 2019-11-26 | $0.0602 |
| 2018-11-29 | $0.0602 |
| 2017-12-28 | $0.0794 |
| 2017-09-28 | $0.1000 |
Amounts adjusted for stock splits.
Related companies: NXE.TO · DML.TO · CCO.TO · 0R35.L · KAP.L · 0V9D.L · NXE · UEC
Explore sector: Energy · Uranium
More sections of CCJ: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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