CALM
Cal-Maine Foods Inc
Crazy Numbers for Cal-Maine Foods
I was looking for comparisons in the industry for my Vital Farms research and found Cal-Maine Foods. They are stated as the largest producer and distributor of shell eggs in the USA. That makes them a perfect comparison to Vital Farms who fills the same economic niche.
The at a glance numbers from the research page are insane!!!
Market Cap: $3.72 Billion
Annual Revenue: $4.21 Billion
Net Income: $1.15 Billion
Debt: $0 !!!!!!!
Book Value: $2.7 Billion
P/E Ratio: 3.24
So literally you could by a company with ZERO debt, annual income of over $1 Billion! with assets of $2.7 Billion. You would make your money back in a little over 3 years with no growth to income (unlikely) and then still have almost 3 Billion in assets.
Yeah this just kind of blew my mind. Will definitely be doing a deeper dive here because i gotta know more. Might have to change from my Vital Farms research cause WOW! Haha