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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#2734
Positioning
Market Dominance
Finance, Insurance, And Real Estate
Banking
$646M
Gregory A. Dufour
Camden National Corporation operates as the bank holding company for Camden National Bank. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. As of December 31, 2021, the company had 57 branches within Maine; one residential mortgage lending office in Braintree, Massachusetts; two locations in New Hampshire; and an online residential mortgage and small commercial digital loan platform.
Headcount
620
HQ Base
Camden, Maine
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Dates updated upon official exchange announcement.
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X-AXIS: EV/EBITDA (LOWER = CHEAPER) | Y-AXIS: ROE (HIGHER = ELITE) | RED CIRCLE = CAC ANALYSIS TARGET
| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$SII SPROTT INC. | 75 | 91 | 87 | 98 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PUK PRUDENTIAL PLC | 73 | 88 | 97 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$NMR NOMURA HOLDINGS INC | 72 | 81 | 92 | 87 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PSLV Sprott Physical Silver Trust | 69 | 82 | 80 | 98 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$UFCS UNITED FIRE GROUP INC | 68 | 81 | 93 | 76 | 5.0x | 3.5x | 13.2% | 4.1% | 99.9% | 14.7% | 11.1% | 9.2% | 2.1% | 16.0x | $775M | VS | |
$SLF SUN LIFE FINANCIAL INC | 68 | 83 | 95 | 63 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$CBOE Cboe Global Markets, Inc. | 68 | 75 | 63 | 77 | 21.3x | 15.7x | 24.0% | 13.7% | 41.7% | 32.4% | 26.4% | 8.2% | 1.1% | 30.0x | $25.7B | VS | |
$VTMX Vesta Real Estate Corporation, S.A.B. de C.V. | 67 | 69 | 77 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PHYS Sprott Physical Gold Trust | 67 | 64 | 82 | 91 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$GLDM World Gold Trust | 66 | 54 | 85 | 92 | 11.3x | 11.3x | - | 20.9% | 100.0% | 97.1% | 554.8% | -19.0% | 0.0% | - | $32.0B | VS | |
$CAC CAMDEN NATIONAL CORP | 45 | 27 | 39 | 68 | 14.9x | 12.6x | 8.2% | 0.8% | 0.0% | 165.5% | 139.4% | 18.2% | 4.4% | 932.0x | $646M | ||
| SECTOR BENCH | - | - | - | - | - | 11.9x | 7.8x | 9.0% | 1.3% | 77.7% | 18.1% | 21.9% | 10.7% | 2.0% | 0.5x | - | REF |
CAMDEN NATIONAL CORP (CAC) receives a "Reduce" rating with a composite score of 45.4/100. It ranks #2734 out of 7,333 stocks in our coverage universe and carries a 2-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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Outperforming peers — winners tend to keep winning over 3-12 months
Fair valuation relative to peers
Weak fundamentals — higher risk of value trap
Average volatility — neutral timing signal
Aggressive spending — empire-building risk, dilutive growth
Mid-range overall rating
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Relative valuation derived from Finance, Insurance, And Real Estate sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
Projection based on user-defined inputs. Re-calculated daily against current market data.
Reverse DCF Framework — Mauboussin Methodology
Institutional-grade Reverse DCF analysis. This model identifies the growth hurdles embedded in current market prices. When implied growth is significantly lower than historical or projected rates, a margin of safety may exist. Re-audited daily.
No analyst ratings for CAC.
View All Ratings| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 27 | 16 | +11ALPHA |
| MOMENTUM | 68 | 75 | -7DRAG |
| VALUATION | 39 | 40 | -1NEUTRAL |
| INVESTMENT | 28 | 31 | -3NEUTRAL |
| STABILITY | 51 | 51 | 0NEUTRAL |
| SHORT INT | 25 | 12 | +13ALPHA |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROIC 2.8% vs WACC 6.4% (spread -3.5%)
GM 0% vs sector 78%, OM 166% vs sector 18%
Capital turnover 0.01x
Rev growth 18%, 10yr history
Interest coverage 0.9x, Net debt/EBITDA 27.9x
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
We rate CAMDEN NATIONAL CORP (CAC) as a Reduce with a composite score of 45.4/100 at a current price of $46.75. The quantitative profile shows weakness across multiple dimensions, suggesting limited upside potential.
CAMDEN NATIONAL CORP holds a top-quartile position (#0 of 50) within the Finance, Insurance, And Real Estate sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 45.4/100 places it at rank #2734 in our full universe.
The near-term outlook is constructive, with revenue growing at 18% and momentum in the 68th percentile confirming positive market sentiment. The combination of strong top-line growth and favorable price dynamics suggests the company is executing well on its growth strategy.
No Moat
High
Poor
Fair Value
Positive momentum indicates institutional accumulation.
Stable competitive position in a defensive sector.
Leverage of 932% D/E amplifies downside risk.
Below-average quality raises earnings sustainability concerns.
Vulnerability to macroeconomic shocks and interest rate volatility.
CAMDEN NATIONAL CORP represents a reduce based on multi-factor quantitative performance.
CAMDEN NATIONAL CORP receives a Reduce rating from our analysis, with a composite score of 45.4/100 and 2 out of 5 stars, ranking #2734 out of 7,333 stocks. CAC's factor profile shows weakness across multiple dimensions, suggesting the stock may underperform going forward. Existing holders may want to consider trimming positions or tightening stop-losses.
CAC's quality score of 27/100 is below average, suggesting challenges with profitability or capital efficiency. The company reports a return on equity of 8.2% (sector avg: 9.0%), gross margins of 0.0% (sector avg: 77.7%), net margins of 139.4% (sector avg: 21.9%). Investors should examine whether management is actively addressing these weaknesses or if they reflect structural industry headwinds.
With a value score of 39/100, CAC appears somewhat expensive relative to its fundamentals. Key valuation metrics include a P/E ratio of 14.95x, an EV/EBITDA of 12.56x, a P/B ratio of 1.23x. Investors paying a premium here are likely betting on above-average growth or margin expansion to justify current prices.
CAMDEN NATIONAL CORP's investment score of 28/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of 18.2% vs. a sector average of 10.7% and a return on assets of 0.8% (sector: 1.3%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
CAC demonstrates moderate momentum with a score of 68/100, suggesting a neutral price trend without strong directional conviction. Revenue growth stands at 18.2% year-over-year, while a beta of 0.78 reflects its sensitivity to broader market moves. Moderate momentum may indicate the stock is consolidating or transitioning between trends, warranting close monitoring of upcoming catalysts.
With a stability score of 51/100, CAC exhibits average financial resilience. Key stability metrics include a beta of 0.78 and a debt-to-equity ratio of 932.00x (sector avg: 0.5x). While the balance sheet is not a major concern, the stock is subject to typical market volatility and may experience sharper drawdowns during risk-off episodes.
CAMDEN NATIONAL CORP's short interest score of 25/100 reveals significant bearish positioning, suggesting institutional investors are actively betting against the stock. Specific risk factors include elevated leverage (D/E: 932.00x), small-cap liquidity risk. At $646M (small-cap), CAC carries meaningful risk and is best suited for investors with high risk tolerance who have thoroughly evaluated the bear thesis.
CAMDEN NATIONAL CORP offers an attractive dividend yield of 4.4%, placing it among the higher-yielding stocks in its peer group. This compares to a sector average dividend yield of 2.0%. A yield this high can provide meaningful income, but investors should verify the payout is sustainable by examining the payout ratio, free cash flow coverage, and any history of dividend cuts.
CAMDEN NATIONAL CORP is a small-cap company in the Finance, Insurance, And Real Estate sector, ranked #0 of 50 in its sector (100th percentile) and #2734 of 7,333 overall (63rd percentile). Key comparisons include ROE of 8.2% trailing the 9.0% sector median and operating margins of 165.5% above the 18.1% sector average. This top-quartile standing reflects exceptional competitive strength relative to Finance, Insurance, And Real Estate peers.
While CAC currently exhibits a REDUCE profile, superior opportunities exist within the FINANCE, INSURANCE, AND REAL ESTATE sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Finance, Insurance, And Real Estate Alpha →Quant Factor Profile
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Improvement in Short Int. (25) would have the largest impact on the composite score.
EV/EBITDA 62% ABOVE SECTOR MEDIAN
ROE 9% BELOW SECTOR MEDIAN
Gross Margin 100% BELOW SECTOR MEDIAN
Above 50MA
37.18%
Net New Highs
+51081
Camden National Bank’s 30.2% return over the past six months has outpaced the S&P 500 by 24.3%, and its stock price has climbed to $50.55 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Camden National Bank (NASDAQ:CAC) and the best and worst performers in the regional banks industry.
Elliot: Good day, and welcome to Camden National Corporation
Camden National Corporation has received regulatory approvals to complete its merger with Northway Financial, Inc. The transaction is expected to close on or about January 2, 2025, pending satisfaction of customary closing conditions.
The M&A Class Action Firm is investigating the proposed mergers of Camden National Corp. (CAC), Outbrain Inc. (OB), Smartsheet Inc. (SMAR), and Premier Financial Corp. (PFC), and is encouraging shareholders to act now ahead of the upcoming shareholder votes.