DANONE (BN.PA) Stock Fundamental Analysis

EPA:BN • FR0000120644

72.48 EUR
+0.06 (+0.08%)
Last: Feb 26, 2026, 09:19 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

Overall BN gets a fundamental rating of 5 out of 10. We evaluated BN against 59 industry peers in the Food Products industry. BN scores excellent on profitability, but there are concerns on its financial health. BN has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year BN was profitable.
  • BN had a positive operating cash flow in the past year.
  • BN had positive earnings in each of the past 5 years.
  • Each year in the past 5 years BN had a positive operating cash flow.
BN.PA Yearly Net Income VS EBIT VS OCF VS FCFBN.PA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 4.20%, BN is in the better half of the industry, outperforming 66.10% of the companies in the same industry.
  • BN's Return On Equity of 11.59% is fine compared to the rest of the industry. BN outperforms 71.19% of its industry peers.
  • BN's Return On Invested Capital of 6.83% is fine compared to the rest of the industry. BN outperforms 67.80% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for BN is in line with the industry average of 6.61%.
  • The 3 year average ROIC (6.38%) for BN is below the current ROIC(6.83%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.2%
ROE 11.59%
ROIC 6.83%
ROA(3y)2.83%
ROA(5y)3.44%
ROE(3y)7.34%
ROE(5y)9%
ROIC(3y)6.38%
ROIC(5y)6.21%
BN.PA Yearly ROA, ROE, ROICBN.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • BN has a better Profit Margin (6.72%) than 74.58% of its industry peers.
  • In the last couple of years the Profit Margin of BN has remained more or less at the same level.
  • BN has a better Operating Margin (13.25%) than 83.05% of its industry peers.
  • BN's Operating Margin has declined in the last couple of years.
  • BN has a Gross Margin of 50.47%. This is amongst the best in the industry. BN outperforms 83.05% of its industry peers.
  • BN's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 13.25%
PM (TTM) 6.72%
GM 50.47%
OM growth 3Y-1.81%
OM growth 5Y-3.08%
PM growth 3Y-1.94%
PM growth 5Y-0.54%
GM growth 3Y1.56%
GM growth 5Y0.26%
BN.PA Yearly Profit, Operating, Gross MarginsBN.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BN is still creating some value.
  • The number of shares outstanding for BN has been increased compared to 1 year ago.
  • The number of shares outstanding for BN has been reduced compared to 5 years ago.
  • Compared to 1 year ago, BN has an improved debt to assets ratio.
BN.PA Yearly Shares OutstandingBN.PA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
BN.PA Yearly Total Debt VS Total AssetsBN.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B

2.2 Solvency

  • BN has an Altman-Z score of 2.47. This is not the best score and indicates that BN is in the grey zone with still only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 2.47, BN is in the better half of the industry, outperforming 66.10% of the companies in the same industry.
  • The Debt to FCF ratio of BN is 5.07, which is a neutral value as it means it would take BN, 5.07 years of fcf income to pay off all of its debts.
  • BN's Debt to FCF ratio of 5.07 is fine compared to the rest of the industry. BN outperforms 71.19% of its industry peers.
  • A Debt/Equity ratio of 0.83 indicates that BN is somewhat dependend on debt financing.
  • The Debt to Equity ratio of BN (0.83) is worse than 72.88% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.83
Debt/FCF 5.07
Altman-Z 2.47
ROIC/WACC1.06
WACC6.44%
BN.PA Yearly LT Debt VS Equity VS FCFBN.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.3 Liquidity

  • BN has a Current Ratio of 0.95. This is a bad value and indicates that BN is not financially healthy enough and could expect problems in meeting its short term obligations.
  • BN's Current ratio of 0.95 is on the low side compared to the rest of the industry. BN is outperformed by 74.58% of its industry peers.
  • BN has a Quick Ratio of 0.95. This is a bad value and indicates that BN is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.78, BN is not doing good in the industry: 61.02% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.95
Quick Ratio 0.78
BN.PA Yearly Current Assets VS Current LiabilitesBN.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • BN shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.47%.
  • The Earnings Per Share has been decreasing by -1.17% on average over the past years.
  • Looking at the last year, BN shows a small growth in Revenue. The Revenue has grown by 0.54% in the last year.
  • Measured over the past years, BN shows a small growth in Revenue. The Revenue has been growing by 1.60% on average per year.
EPS 1Y (TTM)4.47%
EPS 3Y3.12%
EPS 5Y-1.17%
EPS Q2Q%6.11%
Revenue 1Y (TTM)0.54%
Revenue growth 3Y4.08%
Revenue growth 5Y1.6%
Sales Q2Q%-0.15%

3.2 Future

  • The Earnings Per Share is expected to grow by 6.97% on average over the next years.
  • Based on estimates for the next years, BN will show a small growth in Revenue. The Revenue will grow by 3.07% on average per year.
EPS Next Y7.53%
EPS Next 2Y7.18%
EPS Next 3Y7.53%
EPS Next 5Y6.97%
Revenue Next Year0.7%
Revenue Next 2Y1.88%
Revenue Next 3Y2.56%
Revenue Next 5Y3.07%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
BN.PA Yearly Revenue VS EstimatesBN.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B
BN.PA Yearly EPS VS EstimatesBN.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4 5

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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 19.38, BN is valued on the expensive side.
  • BN's Price/Earnings ratio is in line with the industry average.
  • BN is valuated rather cheaply when we compare the Price/Earnings ratio to 27.05, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 17.38, the valuation of BN can be described as rather expensive.
  • The rest of the industry has a similar Price/Forward Earnings ratio as BN.
  • The average S&P500 Price/Forward Earnings ratio is at 28.03. BN is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 19.38
Fwd PE 17.38
BN.PA Price Earnings VS Forward Price EarningsBN.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as BN.
  • 67.80% of the companies in the same industry are more expensive than BN, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 17.21
EV/EBITDA 10.37
BN.PA Per share dataBN.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • BN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.57
PEG (5Y)N/A
EPS Next 2Y7.18%
EPS Next 3Y7.53%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • BN has a Yearly Dividend Yield of 2.97%.
  • Compared to an average industry Dividend Yield of 2.53, BN pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.80, BN pays a better dividend.
Industry RankSector Rank
Dividend Yield 2.97%

5.2 History

  • The dividend of BN has a limited annual growth rate of 1.58%.
Dividend Growth(5Y)1.58%
Div Incr Years3
Div Non Decr Years4
BN.PA Yearly Dividends per shareBN.PA Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4

5.3 Sustainability

  • BN pays out 74.99% of its income as dividend. This is not a sustainable payout ratio.
  • BN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP74.99%
EPS Next 2Y7.18%
EPS Next 3Y7.53%
BN.PA Yearly Income VS Free CF VS DividendBN.PA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B
BN.PA Dividend Payout.BN.PA Dividend Payout, showing the Payout Ratio.BN.PA Dividend Payout.PayoutRetained Earnings

More info and screens

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DANONE

EPA:BN (2/26/2026, 9:19:19 AM)

72.48

+0.06 (+0.08%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)10-07
Earnings (Next)02-20
Inst Owners54.21%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap49.39B
Revenue(TTM)27.36B
Net Income(TTM)1.84B
Analysts75.63
Price Target80.74 (11.4%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.97%
Yearly Dividend2.1
Dividend Growth(5Y)1.58%
DP74.99%
Div Incr Years3
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.45%
PT rev (3m)-0.19%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.43%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.02%
Valuation
Industry RankSector Rank
PE 19.38
Fwd PE 17.38
P/S 1.81
P/FCF 17.21
P/OCF 12.84
P/B 3.11
P/tB N/A
EV/EBITDA 10.37
EPS(TTM)3.74
EY5.16%
EPS(NY)4.17
Fwd EY5.75%
FCF(TTM)4.21
FCFY5.81%
OCF(TTM)5.64
OCFY7.79%
SpS40.15
BVpS23.28
TBVpS-9.5
PEG (NY)2.57
PEG (5Y)N/A
Graham Number44.26
Profitability
Industry RankSector Rank
ROA 4.2%
ROE 11.59%
ROCE 12.02%
ROIC 6.83%
ROICexc 8.36%
ROICexgc 50.58%
OM 13.25%
PM (TTM) 6.72%
GM 50.47%
FCFM 10.49%
ROA(3y)2.83%
ROA(5y)3.44%
ROE(3y)7.34%
ROE(5y)9%
ROIC(3y)6.38%
ROIC(5y)6.21%
ROICexc(3y)7.67%
ROICexc(5y)7.39%
ROICexgc(3y)52.44%
ROICexgc(5y)45.6%
ROCE(3y)10.98%
ROCE(5y)10.58%
ROICexgc growth 3Y19.7%
ROICexgc growth 5Y13.36%
ROICexc growth 3Y4.65%
ROICexc growth 5Y1.26%
OM growth 3Y-1.81%
OM growth 5Y-3.08%
PM growth 3Y-1.94%
PM growth 5Y-0.54%
GM growth 3Y1.56%
GM growth 5Y0.26%
F-Score8
Asset Turnover0.63
Health
Industry RankSector Rank
Debt/Equity 0.83
Debt/FCF 5.07
Debt/EBITDA 2.71
Cap/Depr 77.72%
Cap/Sales 3.57%
Interest Coverage 23.53
Cash Conversion 78.8%
Profit Quality 156.01%
Current Ratio 0.95
Quick Ratio 0.78
Altman-Z 2.47
F-Score8
WACC6.44%
ROIC/WACC1.06
Cap/Depr(3y)59.49%
Cap/Depr(5y)65.43%
Cap/Sales(3y)3.2%
Cap/Sales(5y)3.59%
Profit Quality(3y)220.86%
Profit Quality(5y)178.79%
High Growth Momentum
Growth
EPS 1Y (TTM)4.47%
EPS 3Y3.12%
EPS 5Y-1.17%
EPS Q2Q%6.11%
EPS Next Y7.53%
EPS Next 2Y7.18%
EPS Next 3Y7.53%
EPS Next 5Y6.97%
Revenue 1Y (TTM)0.54%
Revenue growth 3Y4.08%
Revenue growth 5Y1.6%
Sales Q2Q%-0.15%
Revenue Next Year0.7%
Revenue Next 2Y1.88%
Revenue Next 3Y2.56%
Revenue Next 5Y3.07%
EBIT growth 1Y3.81%
EBIT growth 3Y2.2%
EBIT growth 5Y-1.53%
EBIT Next Year35.93%
EBIT Next 3Y14.73%
EBIT Next 5Y10.55%
FCF growth 1Y12.42%
FCF growth 3Y6.14%
FCF growth 5Y3.12%
OCF growth 1Y12.55%
OCF growth 3Y3.31%
OCF growth 5Y2.15%

DANONE / BN.PA FAQ

What is the ChartMill fundamental rating of DANONE (BN.PA) stock?

ChartMill assigns a fundamental rating of 5 / 10 to BN.PA.


What is the valuation status for BN stock?

ChartMill assigns a valuation rating of 4 / 10 to DANONE (BN.PA). This can be considered as Fairly Valued.


How profitable is DANONE (BN.PA) stock?

DANONE (BN.PA) has a profitability rating of 7 / 10.


What are the PE and PB ratios of DANONE (BN.PA) stock?

The Price/Earnings (PE) ratio for DANONE (BN.PA) is 19.38 and the Price/Book (PB) ratio is 3.11.


What is the earnings growth outlook for DANONE?

The Earnings per Share (EPS) of DANONE (BN.PA) is expected to grow by 7.53% in the next year.