30.04 USD
+0.44 (+1.49%)
30.2 USD
+0.16 (+0.53%)
We assign a fundamental rating of 5 out of 10 to CPB. CPB was compared to 86 industry peers in the Food Products industry. While CPB is still in line with the averages on profitability rating, there are concerns on its financial health. CPB is valued correctly, but it does not seem to be growing. CPB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CPB had positive earnings in the past year.
In the past year CPB had a positive cash flow from operations.
Each year in the past 5 years CPB has been profitable.
In the past 5 years CPB always reported a positive cash flow from operatings.
1.2 Ratios
CPB has a Return On Assets of 4.04%. This is in the better half of the industry: CPB outperforms 67.44% of its industry peers.
CPB has a Return On Equity of 15.43%. This is amongst the best in the industry. CPB outperforms 87.21% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.43%, CPB belongs to the top of the industry, outperforming 82.56% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CPB is significantly below the industry average of 28.77%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.04% | ||
| ROE | 15.43% | ||
| ROIC | 8.43% |
ROA(3y)4.96%
ROA(5y)5.96%
ROE(3y)17.94%
ROE(5y)21.66%
ROIC(3y)8.78%
ROIC(5y)9.55%
1.3 Margins
CPB's Profit Margin of 5.87% is fine compared to the rest of the industry. CPB outperforms 75.58% of its industry peers.
CPB's Profit Margin has declined in the last couple of years.
The Operating Margin of CPB (13.90%) is better than 83.72% of its industry peers.
CPB's Operating Margin has declined in the last couple of years.
The Gross Margin of CPB (30.73%) is better than 69.77% of its industry peers.
In the last couple of years the Gross Margin of CPB has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.9% | ||
| PM (TTM) | 5.87% | ||
| GM | 30.73% |
OM growth 3Y-0.11%
OM growth 5Y-1.79%
PM growth 3Y-12.75%
PM growth 5Y-20.71%
GM growth 3Y-0.01%
GM growth 5Y-2.35%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CPB is creating some value.
CPB has about the same amout of shares outstanding than it did 1 year ago.
CPB has less shares outstanding than it did 5 years ago.
CPB has a better debt/assets ratio than last year.
2.2 Solvency
CPB has an Altman-Z score of 1.87. This is not the best score and indicates that CPB is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of CPB (1.87) is comparable to the rest of the industry.
The Debt to FCF ratio of CPB is 9.73, which is on the high side as it means it would take CPB, 9.73 years of fcf income to pay off all of its debts.
CPB's Debt to FCF ratio of 9.73 is fine compared to the rest of the industry. CPB outperforms 61.63% of its industry peers.
A Debt/Equity ratio of 1.75 is on the high side and indicates that CPB has dependencies on debt financing.
CPB has a worse Debt to Equity ratio (1.75) than 84.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.75 | ||
| Debt/FCF | 9.73 | ||
| Altman-Z | 1.87 |
ROIC/WACC1.24
WACC6.78%
2.3 Liquidity
CPB has a Current Ratio of 0.77. This is a bad value and indicates that CPB is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.77, CPB is doing worse than 82.56% of the companies in the same industry.
CPB has a Quick Ratio of 0.77. This is a bad value and indicates that CPB is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.28, CPB is not doing good in the industry: 93.02% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.28 |
3. Growth
3.1 Past
The earnings per share for CPB have decreased by -3.56% in the last year.
CPB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.13% yearly.
CPB shows a small growth in Revenue. In the last year, the Revenue has grown by 6.40%.
CPB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.36% yearly.
EPS 1Y (TTM)-3.56%
EPS 3Y1.62%
EPS 5Y0.13%
EPS Q2Q%-1.59%
Revenue 1Y (TTM)6.4%
Revenue growth 3Y6.19%
Revenue growth 5Y3.36%
Sales Q2Q%1.22%
3.2 Future
The Earnings Per Share is expected to grow by 3.91% on average over the next years.
The Revenue is expected to grow by 0.75% on average over the next years.
EPS Next Y-16.64%
EPS Next 2Y-5.24%
EPS Next 3Y-1.16%
EPS Next 5Y3.91%
Revenue Next Year-3.16%
Revenue Next 2Y-1.05%
Revenue Next 3Y-0.32%
Revenue Next 5Y0.75%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
Based on the Price/Earnings ratio of 10.08, the valuation of CPB can be described as reasonable.
83.72% of the companies in the same industry are more expensive than CPB, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.34, CPB is valued rather cheaply.
A Price/Forward Earnings ratio of 12.09 indicates a correct valuation of CPB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CPB indicates a rather cheap valuation: CPB is cheaper than 80.23% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of CPB to the average of the S&P500 Index (23.56), we can say CPB is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.08 | ||
| Fwd PE | 12.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CPB is valued a bit cheaper than the industry average as 70.93% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CPB indicates a somewhat cheap valuation: CPB is cheaper than 79.07% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.68 | ||
| EV/EBITDA | 7.96 |
4.3 Compensation for Growth
CPB has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)74.8
EPS Next 2Y-5.24%
EPS Next 3Y-1.16%
5. Dividend
5.1 Amount
CPB has a Yearly Dividend Yield of 5.31%, which is a nice return.
Compared to an average industry Dividend Yield of 5.10, CPB pays a better dividend. On top of this CPB pays more dividend than 84.88% of the companies listed in the same industry.
CPB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.31% |
5.2 History
The dividend of CPB has a limited annual growth rate of 1.74%.
CPB has paid a dividend for at least 10 years, which is a reliable track record.
CPB has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.74%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
CPB pays out 76.25% of its income as dividend. This is not a sustainable payout ratio.
The dividend of CPB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP76.25%
EPS Next 2Y-5.24%
EPS Next 3Y-1.16%
30.04
+0.44 (+1.49%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners66.16%
Inst Owner Change6.58%
Ins Owners0.64%
Ins Owner Change0.75%
Market Cap8.94B
Revenue(TTM)10.25B
Net Income(TTM)602.00M
Analysts55
Price Target35.23 (17.28%)
Short Float %15.95%
Short Ratio5.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.31% |
Yearly Dividend1.54
Dividend Growth(5Y)1.74%
DP76.25%
Div Incr Years0
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.79%
Min EPS beat(2)9.42%
Max EPS beat(2)10.16%
EPS beat(4)4
Avg EPS beat(4)5.44%
Min EPS beat(4)0.9%
Max EPS beat(4)10.16%
EPS beat(8)8
Avg EPS beat(8)4.36%
EPS beat(12)11
Avg EPS beat(12)5.05%
EPS beat(16)13
Avg EPS beat(16)5.03%
Revenue beat(2)1
Avg Revenue beat(2)-0.31%
Min Revenue beat(2)-1.44%
Max Revenue beat(2)0.81%
Revenue beat(4)1
Avg Revenue beat(4)-1.37%
Min Revenue beat(4)-2.89%
Max Revenue beat(4)0.81%
Revenue beat(8)1
Avg Revenue beat(8)-1.09%
Revenue beat(12)3
Avg Revenue beat(12)-0.47%
Revenue beat(16)4
Avg Revenue beat(16)-0.55%
PT rev (1m)-1.06%
PT rev (3m)-0.76%
EPS NQ rev (1m)-0.88%
EPS NQ rev (3m)-4.49%
EPS NY rev (1m)-0.6%
EPS NY rev (3m)-7.36%
Revenue NQ rev (1m)-0.41%
Revenue NQ rev (3m)-1.9%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)-0.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.08 | ||
| Fwd PE | 12.09 | ||
| P/S | 0.87 | ||
| P/FCF | 12.68 | ||
| P/OCF | 7.91 | ||
| P/B | 2.29 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.96 |
EPS(TTM)2.98
EY9.92%
EPS(NY)2.48
Fwd EY8.27%
FCF(TTM)2.37
FCFY7.88%
OCF(TTM)3.8
OCFY12.65%
SpS34.44
BVpS13.11
TBVpS-18.29
PEG (NY)N/A
PEG (5Y)74.8
Graham Number29.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.04% | ||
| ROE | 15.43% | ||
| ROCE | 11.88% | ||
| ROIC | 8.43% | ||
| ROICexc | 8.52% | ||
| ROICexgc | 33.09% | ||
| OM | 13.9% | ||
| PM (TTM) | 5.87% | ||
| GM | 30.73% | ||
| FCFM | 6.88% |
ROA(3y)4.96%
ROA(5y)5.96%
ROE(3y)17.94%
ROE(5y)21.66%
ROIC(3y)8.78%
ROIC(5y)9.55%
ROICexc(3y)8.9%
ROICexc(5y)9.66%
ROICexgc(3y)34.15%
ROICexgc(5y)38.39%
ROCE(3y)12.37%
ROCE(5y)13.19%
ROICexgc growth 3Y-10.38%
ROICexgc growth 5Y-12.07%
ROICexc growth 3Y-4.69%
ROICexc growth 5Y-5.25%
OM growth 3Y-0.11%
OM growth 5Y-1.79%
PM growth 3Y-12.75%
PM growth 5Y-20.71%
GM growth 3Y-0.01%
GM growth 5Y-2.35%
F-Score7
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.75 | ||
| Debt/FCF | 9.73 | ||
| Debt/EBITDA | 3.67 | ||
| Cap/Depr | 98.16% | ||
| Cap/Sales | 4.15% | ||
| Interest Coverage | 4.32 | ||
| Cash Conversion | 60.84% | ||
| Profit Quality | 117.11% | ||
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.28 | ||
| Altman-Z | 1.87 |
F-Score7
WACC6.78%
ROIC/WACC1.24
Cap/Depr(3y)106.52%
Cap/Depr(5y)95.62%
Cap/Sales(3y)4.49%
Cap/Sales(5y)3.91%
Profit Quality(3y)108.34%
Profit Quality(5y)104.98%
High Growth Momentum
Growth
EPS 1Y (TTM)-3.56%
EPS 3Y1.62%
EPS 5Y0.13%
EPS Q2Q%-1.59%
EPS Next Y-16.64%
EPS Next 2Y-5.24%
EPS Next 3Y-1.16%
EPS Next 5Y3.91%
Revenue 1Y (TTM)6.4%
Revenue growth 3Y6.19%
Revenue growth 5Y3.36%
Sales Q2Q%1.22%
Revenue Next Year-3.16%
Revenue Next 2Y-1.05%
Revenue Next 3Y-0.32%
Revenue Next 5Y0.75%
EBIT growth 1Y10.72%
EBIT growth 3Y6.07%
EBIT growth 5Y1.51%
EBIT Next Year18.04%
EBIT Next 3Y8.22%
EBIT Next 5Y7.54%
FCF growth 1Y5.54%
FCF growth 3Y-9.11%
FCF growth 5Y-8.46%
OCF growth 1Y-4.56%
OCF growth 3Y-1.43%
OCF growth 5Y-4.12%
THE CAMPBELL'S COMPANY / CPB FAQ
What is the ChartMill fundamental rating of THE CAMPBELL'S COMPANY (CPB) stock?
ChartMill assigns a fundamental rating of 5 / 10 to CPB.
What is the valuation status for CPB stock?
ChartMill assigns a valuation rating of 6 / 10 to THE CAMPBELL'S COMPANY (CPB). This can be considered as Fairly Valued.
What is the profitability of CPB stock?
THE CAMPBELL'S COMPANY (CPB) has a profitability rating of 6 / 10.
What are the PE and PB ratios of THE CAMPBELL'S COMPANY (CPB) stock?
The Price/Earnings (PE) ratio for THE CAMPBELL'S COMPANY (CPB) is 10.08 and the Price/Book (PB) ratio is 2.29.
How sustainable is the dividend of THE CAMPBELL'S COMPANY (CPB) stock?
The dividend rating of THE CAMPBELL'S COMPANY (CPB) is 8 / 10 and the dividend payout ratio is 76.25%.