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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#1239
Positioning
Market Dominance
Mining
Petroleum And Natural Gas
$0
Pending
Detailed business profile pending verification.
Headcount
—
HQ Base
INDIANAPOLIS, Indiana
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| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$VALE Vale S.A. | 75 | 88 | 93 | 67 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$SU SUNCOR ENERGY INC | 74 | 87 | 90 | 53 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$TRX TRX GOLD Corp | 72 | 83 | 77 | 96 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$ORLA Orla Mining Ltd. | 72 | 94 | 83 | 78 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$KGC KINROSS GOLD CORP | 71 | 83 | 89 | 79 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$AEM AGNICO EAGLE MINES LTD | 71 | 80 | 80 | 71 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$RIO RIO TINTO PLC | 70 | 76 | 84 | 64 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$IAG IAMGOLD CORP | 70 | 71 | 82 | 89 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$NGD New Gold Inc. /FI | 70 | 76 | 67 | 92 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PDS PRECISION DRILLING Corp | 70 | 77 | 90 | 65 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$CLMT Calumet, Inc. /DE | 55 | 59 | 25 | 63 | 8.0x | 15.5x | - | -3.5% | 5.7% | 2.5% | -2.7% | -4.9% | - | - | $0 | ||
| SECTOR BENCH | - | - | - | - | - | 13.7x | 5.2x | 4.3% | 3.9% | 45.8% | 7.6% | 5.8% | 0.1% | 0.0% | 0.3x | - | REF |
Calumet, Inc. /DE (CLMT) receives a "Hold" rating with a composite score of 55.2/100. It ranks #1239 out of 7,333 stocks in our coverage universe and carries a 3-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
Expensive relative to fundamentals — limited margin of safety
Average quality profile
Average volatility — neutral timing signal
Moderate investment profile
Mid-range overall rating
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Relative valuation derived from Mining 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 CLMT.
View All Ratings| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 59 | 68 | -9DRAG |
| MOMENTUM | 63 | 68 | -5NEUTRAL |
| VALUATION | 25 | 15 | +10ALPHA |
| INVESTMENT | 48 | 79 | -31DRAG |
| STABILITY | 40 | 35 | +5NEUTRAL |
| SHORT INT | 52 | 63 | -11DRAG |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROIC 14.6% vs WACC 6.1% (spread +8.5%)
GM 6% vs sector 46%, OM 3% vs sector 8%
Capital turnover 0.49x
Rev growth -5%, 4yr history
Interest coverage 6.1x, Net debt/EBITDA 5.9x
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 Calumet, Inc. /DE (CLMT) as a Hold with a composite score of 55.2/100 at a current price of $29.15. The stock presents a mixed quantitative picture — neither compelling enough to warrant new accumulation nor weak enough to justify selling.
Calumet, Inc. /DE holds a top-quartile position (#0 of 50) within the Mining sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 55.2/100 places it at rank #1239 in our full universe.
The near-term outlook is constructive, with revenue growing at -5% and momentum in the 63th 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
Stable competitive position in a defensive sector.
Vulnerability to macroeconomic shocks and interest rate volatility.
Calumet, Inc. /DE represents a hold based on multi-factor quantitative performance.
Our model assigns Calumet, Inc. /DE a Hold rating, with a composite score of 55.2/100 and 3 out of 5 stars. Ranked #1239 of 7,333 stocks, CLMT presents a mixed quantitative picture — neither compelling enough to initiate new positions nor weak enough to warrant selling. Investors already holding may consider maintaining their position while monitoring for changes in the factor profile.
With a quality score of 59/100, CLMT shows adequate but unremarkable business quality. The company reports gross margins of 5.7% (sector avg: 45.8%), net margins of -2.7% (sector avg: 5.8%). This suggests the company generates acceptable returns but may lack the competitive positioning or operational efficiency to stand out from peers.
CLMT registers a value score of just 25/100, suggesting the stock trades at a significant premium to its fundamental metrics. Key valuation metrics include a P/E ratio of 8.03x, an EV/EBITDA of 15.47x. High-premium valuations like this require strong future execution to avoid multiple compression, and downside risk is elevated if growth disappoints.
With an investment score of 48/100, CLMT exhibits moderate growth-oriented spending. Key growth metrics include revenue growth of -4.9% vs. a sector average of 0.1% and a return on assets of -3.5% (sector: 3.9%). The company appears to be balancing growth investments with capital returns, though the pace of investment may not be enough to accelerate top-line growth meaningfully.
CLMT demonstrates moderate momentum with a score of 63/100, suggesting a neutral price trend without strong directional conviction. Revenue growth stands at -4.9% year-over-year, while a beta of 1.45 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.
CLMT's stability score of 40/100 signals elevated volatility and/or leverage concerns. Key stability metrics include a beta of 1.45. Investors should be prepared for wider-than-average price swings and consider position sizing accordingly to manage portfolio risk.
The short interest score of 52/100 for CLMT suggests somewhat elevated bearish positioning by institutional traders. Specific risk factors include above-average market sensitivity (beta: 1.45), micro-cap liquidity risk. With a $0 market cap (micro-cap), Calumet, Inc. /DE may experience above-average volatility. Investors should consider whether the short thesis has merit or if it creates a potential short-squeeze opportunity.
Calumet, Inc. /DE is a micro-cap company in the Mining sector, ranked #0 of 50 in its sector (100th percentile) and #1239 of 7,333 overall (83rd percentile). Key comparisons include operating margins of 2.5% below the 7.6% sector average. This top-quartile standing reflects exceptional competitive strength relative to Mining peers.
While CLMT currently exhibits a HOLD profile, superior opportunities exist within the MINING sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Mining Alpha →Quant Factor Profile
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Value (25) is the limiting factor — improvement here would lift the composite score most.
EV/EBITDA 196% ABOVE SECTOR MEDIAN
Gross Margin 88% BELOW SECTOR MEDIAN
Op. Margin 67% BELOW SECTOR MEDIAN
Above 50MA
37.18%
Net New Highs
+51081
Over the past year, insiders at Calumet, Inc. (NASDAQ:CLMT) sold a substantial US$4.7 million worth of stock, primarily through a large sale by an independent director at a price below the current market value. While insider selling can have various motivations, a high volume of sales might prompt shareholders to investigate further. Despite these sales, insiders still own 4.1% of Calumet shares, valued at around US$91 million, which is considered a reasonable degree of alignment with company interests.
Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) reached a 52-week high of $23.44, tripling its value from its 52-week low, despite being considered overvalued with a significant debt burden and having been unprofitable in the last year. The company's recent strong performance is supported by strategic initiatives, a surprising Q3 2025 earnings report, and successful financial maneuvers including a private placement of $405 million in senior notes and an extended asset-based loan facility. Investors are awaiting its upcoming earnings report on February 27, which could impact its momentum.
Great Lakes Advisors LLC has purchased a new position of 169,195 shares in Calumet, Inc. (NASDAQ:CLMT) for approximately $3.088 million during the third quarter. This acquisition gives Great Lakes Advisors LLC about 0.20% of Calumet. Other institutional investors have also adjusted their holdings in the oil and gas company, which currently has a "Hold" consensus rating and a target price of $20.71 from analysts.
Calumet, Inc. (NASDAQ:CLMT) has extended its asset-based loan facility to January 2031 and increased total commitments to $500 million. This strategic move aims to improve the company's debt maturity profile and follows its recent successful private placement of $405 million in 9.75% Senior Notes due 2031, which will be used to redeem earlier senior notes. The stock has seen a significant price increase of 31.65% over the past six months, nearing its 52-week high.
Calumet (NASDAQ: CLMT) has extended its a $500 million senior secured asset-based revolving credit facility from January 2027 to January 2031, led by Bank of America. This move expands their banking partners and optimizes borrowing capacity following the sale of the industrial Royal Purple business. The extension aims to lengthen the company's overall debt maturity profile and enhance financial flexibility.