ANDERSONS INC/THE (ANDE) Stock Fundamental Analysis
NASDAQ:ANDE - Nasdaq - US0341641035 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to ANDE. ANDE was compared to 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.
ANDE had a positive operating cash flow in the past year.
In the past 5 years ANDE has always been profitable.
In multiple years ANDE reported negative operating cash flow during the last 5 years.
1.2 Ratios
ANDE has a Return On Assets (2.86%) which is in line with its industry peers.
With a Return On Equity value of 8.02%, ANDE perfoms like the industry average, outperforming 47.50% of the companies in the same industry.
ANDE has a Return On Invested Capital of 5.95%. This is comparable to the rest of the industry: ANDE outperforms 52.50% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ANDE is in line with the industry average of 8.23%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.86% | ||
| ROE | 8.02% | ||
| ROIC | 5.95% |
ROA(3y)2.74%
ROA(5y)2.14%
ROE(3y)9.05%
ROE(5y)7.54%
ROIC(3y)7.58%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of ANDE (0.97%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of ANDE has grown nicely.
ANDE's Operating Margin of 1.68% is in line compared to the rest of the industry. ANDE outperforms 42.50% of its industry peers.
In the last couple of years the Operating Margin of ANDE has grown nicely.
With a Gross Margin value of 6.42%, ANDE is not doing good in the industry: 92.50% of the companies in the same industry are doing better.
ANDE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.68% | ||
| PM (TTM) | 0.97% | ||
| GM | 6.42% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ANDE is still creating some value.
ANDE has more shares outstanding than it did 1 year ago.
ANDE has more shares outstanding than it did 5 years ago.
ANDE has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.13 indicates that ANDE is not in any danger for bankruptcy at the moment.
ANDE's Altman-Z score of 4.13 is in line compared to the rest of the industry. ANDE outperforms 52.50% of its industry peers.
ANDE has a debt to FCF ratio of 16.75. This is a negative value and a sign of low solvency as ANDE would need 16.75 years to pay back of all of its debts.
ANDE has a worse Debt to FCF ratio (16.75) than 65.00% of its industry peers.
A Debt/Equity ratio of 0.60 indicates that ANDE is somewhat dependend on debt financing.
ANDE has a Debt to Equity ratio (0.60) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 16.75 | ||
| Altman-Z | 4.13 |
ROIC/WACC0.85
WACC7.02%
2.3 Liquidity
A Current Ratio of 1.76 indicates that ANDE should not have too much problems paying its short term obligations.
ANDE's Current ratio of 1.76 is amongst the best of the industry. ANDE outperforms 85.00% of its industry peers.
ANDE has a Quick Ratio of 1.76. This is a bad value and indicates that ANDE is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of ANDE (0.89) is better than 77.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.76 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
ANDE shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.06%.
The Earnings Per Share has been growing by 20.99% on average over the past years. This is a very strong growth
Looking at the last year, ANDE shows a very negative growth in Revenue. The Revenue has decreased by -17.58% in the last year.
Measured over the past years, ANDE shows a small growth in Revenue. The Revenue has been growing by 7.06% on average per year.
EPS 1Y (TTM)-2.06%
EPS 3Y3.27%
EPS 5Y20.99%
EPS Q2Q%-25%
Revenue 1Y (TTM)-17.58%
Revenue growth 3Y-3.72%
Revenue growth 5Y7.06%
Sales Q2Q%-2.17%
3.2 Future
The Earnings Per Share is expected to decrease by -6.37% on average over the next years.
ANDE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.12% yearly.
EPS Next Y-30.69%
EPS Next 2Y-6.37%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.23%
Revenue Next 2Y5.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.56 indicates a reasonable valuation of ANDE.
85.00% of the companies in the same industry are more expensive than ANDE, based on the Price/Earnings ratio.
ANDE is valuated cheaply when we compare the Price/Earnings ratio to 27.28, which is the current average of the S&P500 Index.
ANDE is valuated correctly with a Price/Forward Earnings ratio of 13.03.
Based on the Price/Forward Earnings ratio, ANDE is valued cheaply inside the industry as 87.50% of the companies are valued more expensively.
ANDE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.56 | ||
| Fwd PE | 13.03 |
4.2 Price Multiples
ANDE's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ANDE is cheaper than 85.00% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as ANDE.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.23 | ||
| EV/EBITDA | 5.39 |
4.3 Compensation for Growth
A cheap valuation may be justified as ANDE's earnings are expected to decrease with -6.37% in the coming years.
PEG (NY)N/A
PEG (5Y)0.55
EPS Next 2Y-6.37%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.13%, ANDE has a reasonable but not impressive dividend return.
ANDE's Dividend Yield is rather good when compared to the industry average which is at 2.08. ANDE pays more dividend than 85.00% of the companies in the same industry.
ANDE's Dividend Yield is comparable with the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.13% |
5.2 History
The dividend of ANDE has a limited annual growth rate of 1.62%.
ANDE has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.62%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
24.33% of the earnings are spent on dividend by ANDE. This is a low number and sustainable payout ratio.
DP24.33%
EPS Next 2Y-6.37%
EPS Next 3YN/A
38.49
+0.74 (+1.96%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners90.82%
Inst Owner Change1.74%
Ins Owners4.13%
Ins Owner Change11.3%
Market Cap1.32B
Analysts82.22
Price Target47.6 (23.67%)
Short Float %1.65%
Short Ratio1.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.13% |
Yearly Dividend0.77
Dividend Growth(5Y)1.62%
DP24.33%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)131.29%
Min EPS beat(2)44.93%
Max EPS beat(2)217.65%
EPS beat(4)3
Avg EPS beat(4)84.85%
Min EPS beat(4)-5.56%
Max EPS beat(4)217.65%
EPS beat(8)6
Avg EPS beat(8)64.81%
EPS beat(12)10
Avg EPS beat(12)67.14%
EPS beat(16)13
Avg EPS beat(16)71.49%
Revenue beat(2)1
Avg Revenue beat(2)2.42%
Min Revenue beat(2)-7.83%
Max Revenue beat(2)12.67%
Revenue beat(4)1
Avg Revenue beat(4)-5.23%
Min Revenue beat(4)-14.36%
Max Revenue beat(4)12.67%
Revenue beat(8)1
Avg Revenue beat(8)-10.4%
Revenue beat(12)4
Avg Revenue beat(12)-2.93%
Revenue beat(16)8
Avg Revenue beat(16)4.68%
PT rev (1m)-6.67%
PT rev (3m)-15.15%
EPS NQ rev (1m)8.16%
EPS NQ rev (3m)-55.65%
EPS NY rev (1m)4.57%
EPS NY rev (3m)-27.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.56 | ||
| Fwd PE | 13.03 | ||
| P/S | 0.12 | ||
| P/FCF | 25.23 | ||
| P/OCF | 5.95 | ||
| P/B | 0.97 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | 5.39 |
EPS(TTM)3.33
EY8.65%
EPS(NY)2.95
Fwd EY7.68%
FCF(TTM)1.53
FCFY3.96%
OCF(TTM)6.47
OCFY16.8%
SpS327.54
BVpS39.65
TBVpS39.65
PEG (NY)N/A
PEG (5Y)0.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.86% | ||
| ROE | 8.02% | ||
| ROCE | 7.97% | ||
| ROIC | 5.95% | ||
| ROICexc | 6.5% | ||
| ROICexgc | 6.5% | ||
| OM | 1.68% | ||
| PM (TTM) | 0.97% | ||
| GM | 6.42% | ||
| FCFM | 0.47% |
ROA(3y)2.74%
ROA(5y)2.14%
ROE(3y)9.05%
ROE(5y)7.54%
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-Score5
Asset Turnover2.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 16.75 | ||
| Debt/EBITDA | 2.54 | ||
| Cap/Depr | 128.79% | ||
| Cap/Sales | 1.51% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 69.17% | ||
| Profit Quality | 47.97% | ||
| Current Ratio | 1.76 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 4.13 |
F-Score5
WACC7.02%
ROIC/WACC0.85
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)-2.06%
EPS 3Y3.27%
EPS 5Y20.99%
EPS Q2Q%-25%
EPS Next Y-30.69%
EPS Next 2Y-6.37%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-17.58%
Revenue growth 3Y-3.72%
Revenue growth 5Y7.06%
Sales Q2Q%-2.17%
Revenue Next Year5.23%
Revenue Next 2Y5.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-18.51%
EBIT growth 3Y4.04%
EBIT growth 5Y30.13%
EBIT Next Year95.23%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-94.12%
FCF growth 3YN/A
FCF growth 5Y18.48%
OCF growth 1Y-78.5%
OCF growth 3YN/A
OCF growth 5Y-1%