Cameco Corporation (CCJ) Valuation — DCF, Graham & Comparables

Cameco Corporation (CCJ) — Price $83.49 (closing price, October 29, 2026) — Energy — Uranium — NYSE

Latest reported results:

Valuation dashboard for Cameco Corporation (CCJ) with P/E 150.41, P/B 7.51, EV/EBITDA 59.05 and dividend yield 0.20%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Energy companies.

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.

Analysis Summary

Cameco Corporation reported revenue of 3.48B CAD in the most recent fiscal year, growing at a 5-year CAGR of 14.1%.

Trailing-twelve-month margins: gross margin 27.6%, operating margin 14.3%, net margin 10.2%.

At $83.49 (closing price, October 29, 2026), CCJ trades at a P/E of 150.41 and an ROE of 5.09%. Market capitalisation stands at $36.4B, placing it among large-cap names.

Balance sheet quality for CCJ: current ratio of 2.5. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio150.41
Price / Book7.51
EV / EBITDA59.05
Dividend Yield0.20%

Valuation Models

DCF Fair Value$31.63
vs Current Price-62.1%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
CCJCameco Corporation$36.4B150.417.515.1%
NXE.TONexGen Energy Ltd.$8.1B4.78-16.1%
DML.TODenison Mines Corp.$3.0B10.58-83.5%
CCO.TOCameco Corporation$50.8B142.657.125.1%
0R35.LCameco Corporation$45.8B134.706.725.1%
KAP.LJSC National Atomic Company Kazatomprom$16.0B13.283.2423.4%
0V9D.LNexGen Energy Ltd.$8.0B4.11-16.1%
NXENexGen Energy Ltd.$5.8B4.46-16.1%

Price

Price$83.49 (closing price, October 29, 2026)
Market Cap$36.4B
ExchangeNYSE
CountryCA

Profitability

Return on Equity5.09%
Return on Invested Capital3.93%
Return on Assets3.45%
Gross Margin27.57%
Operating Margin14.26%
Net Margin10.21%

Related companies: NXE.TO · DML.TO · CCO.TO · 0R35.L · KAP.L · 0V9D.L · NXE · UEC

Explore sector: Energy · Uranium

More sections of CCJ: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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