ANDERSONS INC/THE (ANDE) Stock Fundamental Analysis
NASDAQ:ANDE - Nasdaq - US0341641035 - Common Stock - Currency: USD
ANDE gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 40 industry peers in the Consumer Staples Distribution & Retail industry. ANDE has a medium profitability rating, but doesn't score so well on its financial health evaluation. ANDE is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year ANDE was profitable.
In the past year ANDE had a positive cash flow from operations.
In the past 5 years ANDE has always been profitable.
The reported operating cash flow has been mixed in the past 5 years: ANDE reported negative operating cash flow in multiple years.
1.2 Ratios
ANDE has a Return On Assets (2.77%) which is comparable to the rest of the industry.
ANDE has a Return On Equity (7.13%) which is in line with its industry peers.
ANDE has a Return On Invested Capital (6.07%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ANDE is in line with the industry average of 8.35%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.77% | ||
| ROE | 7.13% | ||
| ROIC | 6.07% |
ROA(3y)2.74%
ROA(5y)2.14%
ROE(3y)8.65%
ROE(5y)7.29%
ROIC(3y)7.58%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 1.01%, ANDE is in line with its industry, outperforming 48.72% of the companies in the same industry.
ANDE's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 1.69%, ANDE perfoms like the industry average, outperforming 43.59% of the companies in the same industry.
In the last couple of years the Operating Margin of ANDE has grown nicely.
With a Gross Margin value of 6.16%, ANDE is not doing good in the industry: 92.31% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of ANDE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.69% | ||
| PM (TTM) | 1.01% | ||
| GM | 6.16% |
OM growth 3Y8.05%
OM growth 5Y21.55%
PM growth 3Y7.09%
PM growth 5Y35.11%
GM growth 3Y9.45%
GM growth 5Y1.36%
2. Health
2.1 Basic Checks
ANDE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, ANDE has more shares outstanding
ANDE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ANDE has a worse debt to assets ratio.
2.2 Solvency
ANDE has a debt to FCF ratio of 4.45. This is a neutral value as ANDE would need 4.45 years to pay back of all of its debts.
ANDE has a better Debt to FCF ratio (4.45) than 64.10% of its industry peers.
A Debt/Equity ratio of 0.48 indicates that ANDE is not too dependend on debt financing.
ANDE has a Debt to Equity ratio (0.48) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 4.45 | ||
| Altman-Z | N/A |
ROIC/WACC0.81
WACC7.48%
2.3 Liquidity
ANDE has a Current Ratio of 1.65. This is a normal value and indicates that ANDE is financially healthy and should not expect problems in meeting its short term obligations.
ANDE has a better Current ratio (1.65) than 79.49% of its industry peers.
ANDE has a Quick Ratio of 1.65. This is a bad value and indicates that ANDE is not financially healthy enough and could expect problems in meeting its short term obligations.
ANDE's Quick ratio of 0.90 is fine compared to the rest of the industry. ANDE outperforms 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
ANDE shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.03%.
ANDE shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.99% yearly.
ANDE shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -23.68%.
The Revenue has been growing slightly by 7.06% on average over the past years.
EPS 1Y (TTM)-2.03%
EPS 3Y3.27%
EPS 5Y20.99%
EPS Q2Q%-14.47%
Revenue 1Y (TTM)-23.68%
Revenue growth 3Y-3.72%
Revenue growth 5Y7.06%
Sales Q2Q%-2.8%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
Based on estimates for the next years, ANDE will show a small growth in Revenue. The Revenue will grow by 7.33% on average per year.
EPS Next Y9.11%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.6%
Revenue Next 2Y7.33%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 13.51, which indicates a correct valuation of ANDE.
Based on the Price/Earnings ratio, ANDE is valued a bit cheaper than the industry average as 74.36% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 29.63. ANDE is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 12.38, the valuation of ANDE can be described as correct.
Based on the Price/Forward Earnings ratio, ANDE is valued cheaper than 82.05% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.68, ANDE is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.51 | ||
| Fwd PE | 12.38 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ANDE is valued cheaply inside the industry as 87.18% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ANDE is valued cheaply inside the industry as 94.87% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.51 | ||
| EV/EBITDA | 5.2 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.48
PEG (5Y)0.64
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
ANDE has a Yearly Dividend Yield of 1.63%. Purely for dividend investing, there may be better candidates out there.
ANDE's Dividend Yield is a higher than the industry average which is at 2.53.
ANDE's Dividend Yield is slightly below the S&P500 average, which is at 2.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.63% |
5.2 History
The dividend of ANDE has a limited annual growth rate of 1.60%.
ANDE has been paying a dividend for at least 10 years, so it has a reliable track record.
ANDE has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.6%
Div Incr Years27
Div Non Decr Years27
5.3 Sustainability
ANDE pays out 23.04% of its income as dividend. This is a sustainable payout ratio.
ANDE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP23.04%
EPS Next 2YN/A
EPS Next 3YN/A
45.53
-0.64 (-1.39%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners93.17%
Inst Owner Change-2.56%
Ins Owners3.91%
Ins Owner Change6.56%
Market Cap1.55B
Analysts85
Price Target63.75 (40.02%)
Short Float %2.09%
Short Ratio1.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.63% |
Yearly Dividend0.77
Dividend Growth(5Y)1.6%
DP23.04%
Div Incr Years27
Div Non Decr Years27
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)63.66%
Min EPS beat(2)44.93%
Max EPS beat(2)82.4%
EPS beat(4)3
Avg EPS beat(4)70.8%
Min EPS beat(4)-5.56%
Max EPS beat(4)161.44%
EPS beat(8)6
Avg EPS beat(8)38.72%
EPS beat(12)9
Avg EPS beat(12)43.04%
EPS beat(16)13
Avg EPS beat(16)136.2%
Revenue beat(2)1
Avg Revenue beat(2)0.64%
Min Revenue beat(2)-11.39%
Max Revenue beat(2)12.67%
Revenue beat(4)1
Avg Revenue beat(4)-9.02%
Min Revenue beat(4)-22.97%
Max Revenue beat(4)12.67%
Revenue beat(8)1
Avg Revenue beat(8)-9.86%
Revenue beat(12)5
Avg Revenue beat(12)0.89%
Revenue beat(16)9
Avg Revenue beat(16)6.8%
PT rev (1m)-3.85%
PT rev (3m)-10.71%
EPS NQ rev (1m)-2.65%
EPS NQ rev (3m)-9.8%
EPS NY rev (1m)-1.18%
EPS NY rev (3m)-3.61%
Revenue NQ rev (1m)-0.29%
Revenue NQ rev (3m)-2.94%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.51 | ||
| Fwd PE | 12.38 | ||
| P/S | 0.14 | ||
| P/FCF | 8.51 | ||
| P/OCF | 4.68 | ||
| P/B | 0.97 | ||
| P/tB | 1.11 | ||
| EV/EBITDA | 5.2 |
EPS(TTM)3.37
EY7.4%
EPS(NY)3.68
Fwd EY8.08%
FCF(TTM)5.35
FCFY11.75%
OCF(TTM)9.73
OCFY21.37%
SpS330.42
BVpS46.96
TBVpS41.17
PEG (NY)1.48
PEG (5Y)0.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.77% | ||
| ROE | 7.13% | ||
| ROCE | 7.96% | ||
| ROIC | 6.07% | ||
| ROICexc | 7.78% | ||
| ROICexgc | 8.64% | ||
| OM | 1.69% | ||
| PM (TTM) | 1.01% | ||
| GM | 6.16% | ||
| FCFM | 1.62% |
ROA(3y)2.74%
ROA(5y)2.14%
ROE(3y)8.65%
ROE(5y)7.29%
ROIC(3y)7.58%
ROIC(5y)N/A
ROICexc(3y)9.49%
ROICexc(5y)N/A
ROICexgc(3y)10.72%
ROICexgc(5y)N/A
ROCE(3y)9.94%
ROCE(5y)N/A
ROICexcg growth 3Y10.33%
ROICexcg growth 5Y36.01%
ROICexc growth 3Y10.51%
ROICexc growth 5Y36.71%
OM growth 3Y8.05%
OM growth 5Y21.55%
PM growth 3Y7.09%
PM growth 5Y35.11%
GM growth 3Y9.45%
GM growth 5Y1.36%
F-Score6
Asset Turnover2.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 4.45 | ||
| Debt/EBITDA | 2.44 | ||
| Cap/Depr | 116.73% | ||
| Cap/Sales | 1.33% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 104.21% | ||
| Profit Quality | 159.91% | ||
| Current Ratio | 1.65 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | N/A |
F-Score6
WACC7.48%
ROIC/WACC0.81
Cap/Depr(3y)113.57%
Cap/Depr(5y)88.41%
Cap/Sales(3y)1.05%
Cap/Sales(5y)1.02%
Profit Quality(3y)353.13%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.03%
EPS 3Y3.27%
EPS 5Y20.99%
EPS Q2Q%-14.47%
EPS Next Y9.11%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-23.68%
Revenue growth 3Y-3.72%
Revenue growth 5Y7.06%
Sales Q2Q%-2.8%
Revenue Next Year6.6%
Revenue Next 2Y7.33%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-24.81%
EBIT growth 3Y4.04%
EBIT growth 5Y30.13%
EBIT Next Year111%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-77.1%
FCF growth 3YN/A
FCF growth 5Y18.48%
OCF growth 1Y-64.98%
OCF growth 3YN/A
OCF growth 5Y-1%