DOLE PLC (DOLE) Stock Fundamental Analysis
NYSE:DOLE - New York Stock Exchange, Inc. - IE0003LFZ4U7 - Common Stock - Currency: USD
Overall DOLE gets a fundamental rating of 5 out of 10. We evaluated DOLE against 89 industry peers in the Food Products industry. DOLE has only an average score on both its financial health and profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on DOLE.
1. Profitability
1.1 Basic Checks
In the past year DOLE was profitable.
DOLE had a positive operating cash flow in the past year.
DOLE had positive earnings in 4 of the past 5 years.
DOLE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
DOLE has a Return On Assets (2.82%) which is in line with its industry peers.
DOLE has a Return On Equity of 9.70%. This is in the better half of the industry: DOLE outperforms 62.92% of its industry peers.
DOLE has a Return On Invested Capital of 6.26%. This is in the better half of the industry: DOLE outperforms 64.04% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DOLE is below the industry average of 8.94%.
The 3 year average ROIC (4.79%) for DOLE is below the current ROIC(6.26%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.82% | ||
| ROE | 9.7% | ||
| ROIC | 6.26% |
ROA(3y)2.48%
ROA(5y)2.01%
ROE(3y)9.03%
ROE(5y)7.25%
ROIC(3y)4.79%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 1.48%, DOLE perfoms like the industry average, outperforming 46.07% of the companies in the same industry.
In the last couple of years the Profit Margin of DOLE has grown nicely.
DOLE's Operating Margin of 2.87% is in line compared to the rest of the industry. DOLE outperforms 46.07% of its industry peers.
DOLE's Operating Margin has improved in the last couple of years.
The Gross Margin of DOLE (8.47%) is worse than 74.16% of its industry peers.
In the last couple of years the Gross Margin of DOLE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.87% | ||
| PM (TTM) | 1.48% | ||
| GM | 8.47% |
OM growth 3YN/A
OM growth 5Y19.19%
PM growth 3YN/A
PM growth 5Y2.29%
GM growth 3Y16.12%
GM growth 5Y3.13%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DOLE is destroying value.
Compared to 1 year ago, DOLE has about the same amount of shares outstanding.
Compared to 5 years ago, DOLE has more shares outstanding
Compared to 1 year ago, DOLE has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.63 indicates that DOLE is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.63, DOLE perfoms like the industry average, outperforming 58.43% of the companies in the same industry.
DOLE has a debt to FCF ratio of 4.72. This is a neutral value as DOLE would need 4.72 years to pay back of all of its debts.
DOLE has a Debt to FCF ratio of 4.72. This is in the better half of the industry: DOLE outperforms 73.03% of its industry peers.
A Debt/Equity ratio of 0.68 indicates that DOLE is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.68, DOLE is in line with its industry, outperforming 41.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 4.72 | ||
| Altman-Z | 2.63 |
ROIC/WACC0.96
WACC6.49%
2.3 Liquidity
A Current Ratio of 1.18 indicates that DOLE should not have too much problems paying its short term obligations.
DOLE's Current ratio of 1.18 is on the low side compared to the rest of the industry. DOLE is outperformed by 62.92% of its industry peers.
A Quick Ratio of 0.91 indicates that DOLE may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.91, DOLE is in line with its industry, outperforming 56.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.18 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
DOLE shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 1.60%.
The Earnings Per Share has been growing by 17.30% on average over the past years. This is quite good.
DOLE shows a small growth in Revenue. In the last year, the Revenue has grown by 2.79%.
The Revenue has been growing by 15.26% on average over the past years. This is quite good.
EPS 1Y (TTM)1.6%
EPS 3YN/A
EPS 5Y17.3%
EPS Q2Q%0%
Revenue 1Y (TTM)2.79%
Revenue growth 3Y9.5%
Revenue growth 5Y15.26%
Sales Q2Q%4.61%
3.2 Future
The Earnings Per Share is expected to grow by 7.17% on average over the next years.
The Revenue is expected to grow by 1.91% on average over the next years.
EPS Next Y5.29%
EPS Next 2Y9.9%
EPS Next 3Y7.17%
EPS Next 5YN/A
Revenue Next Year2.08%
Revenue Next 2Y2.01%
Revenue Next 3Y1.91%
Revenue Next 5YN/A
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 decreasing.
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
With a Price/Earnings ratio of 11.39, the valuation of DOLE can be described as very reasonable.
Based on the Price/Earnings ratio, DOLE is valued a bit cheaper than 79.78% of the companies in the same industry.
When comparing the Price/Earnings ratio of DOLE to the average of the S&P500 Index (28.33), we can say DOLE is valued rather cheaply.
DOLE is valuated reasonably with a Price/Forward Earnings ratio of 10.82.
Based on the Price/Forward Earnings ratio, DOLE is valued cheaper than 92.13% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.37, DOLE is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.39 | ||
| Fwd PE | 10.82 |
4.2 Price Multiples
DOLE's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. DOLE is cheaper than 84.27% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DOLE indicates a rather cheap valuation: DOLE is cheaper than 88.76% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.79 | ||
| EV/EBITDA | 5.65 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates DOLE does not grow enough to justify the current Price/Earnings ratio.
DOLE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.15
PEG (5Y)0.66
EPS Next 2Y9.9%
EPS Next 3Y7.17%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.30%, DOLE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.35, DOLE pays a bit more dividend than its industry peers.
DOLE's Dividend Yield is comparable with the S&P500 average which is at 2.51.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.3% |
5.2 History
DOLE has been paying a dividend for over 5 years, so it has already some track record.
DOLE has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
DOLE pays out 24.34% of its income as dividend. This is a sustainable payout ratio.
DP24.34%
EPS Next 2Y9.9%
EPS Next 3Y7.17%
14.47
+0.49 (+3.51%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners53.84%
Inst Owner Change1.16%
Ins Owners12.54%
Ins Owner ChangeN/A
Market Cap1.38B
Analysts77.78
Price Target16.83 (16.31%)
Short Float %2.44%
Short Ratio3.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.3% |
Yearly Dividend0.32
Dividend Growth(5Y)N/A
DP24.34%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)51.14%
Min EPS beat(2)-6.86%
Max EPS beat(2)109.15%
EPS beat(4)3
Avg EPS beat(4)37.72%
Min EPS beat(4)-6.86%
Max EPS beat(4)109.15%
EPS beat(8)7
Avg EPS beat(8)63.09%
EPS beat(12)10
Avg EPS beat(12)50.33%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)2.7%
Min Revenue beat(2)1.2%
Max Revenue beat(2)4.21%
Revenue beat(4)2
Avg Revenue beat(4)0.75%
Min Revenue beat(4)-1.9%
Max Revenue beat(4)4.21%
Revenue beat(8)2
Avg Revenue beat(8)-3.74%
Revenue beat(12)3
Avg Revenue beat(12)-5.51%
Revenue beat(16)3
Avg Revenue beat(16)-12.4%
PT rev (1m)0%
PT rev (3m)4.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-13.33%
EPS NY rev (1m)-7.81%
EPS NY rev (3m)-7.97%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.24%
Revenue NY rev (1m)0.94%
Revenue NY rev (3m)1.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.39 | ||
| Fwd PE | 10.82 | ||
| P/S | 0.16 | ||
| P/FCF | 6.79 | ||
| P/OCF | 4.83 | ||
| P/B | 1.06 | ||
| P/tB | 2.59 | ||
| EV/EBITDA | 5.65 |
EPS(TTM)1.27
EY8.78%
EPS(NY)1.34
Fwd EY9.24%
FCF(TTM)2.13
FCFY14.74%
OCF(TTM)3
OCFY20.72%
SpS89.08
BVpS13.59
TBVpS5.59
PEG (NY)2.15
PEG (5Y)0.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.82% | ||
| ROE | 9.7% | ||
| ROCE | 8.54% | ||
| ROIC | 6.26% | ||
| ROICexc | 7.09% | ||
| ROICexgc | 10.14% | ||
| OM | 2.87% | ||
| PM (TTM) | 1.48% | ||
| GM | 8.47% | ||
| FCFM | 2.39% |
ROA(3y)2.48%
ROA(5y)2.01%
ROE(3y)9.03%
ROE(5y)7.25%
ROIC(3y)4.79%
ROIC(5y)N/A
ROICexc(3y)5.33%
ROICexc(5y)N/A
ROICexgc(3y)7.77%
ROICexgc(5y)N/A
ROCE(3y)6.52%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y13.31%
ROICexc growth 3YN/A
ROICexc growth 5Y13.52%
OM growth 3YN/A
OM growth 5Y19.19%
PM growth 3YN/A
PM growth 5Y2.29%
GM growth 3Y16.12%
GM growth 5Y3.13%
F-Score7
Asset Turnover1.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 4.72 | ||
| Debt/EBITDA | 2.56 | ||
| Cap/Depr | 83.42% | ||
| Cap/Sales | 0.97% | ||
| Interest Coverage | 3.62 | ||
| Cash Conversion | 83.31% | ||
| Profit Quality | 161.64% | ||
| Current Ratio | 1.18 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | 2.63 |
F-Score7
WACC6.49%
ROIC/WACC0.96
Cap/Depr(3y)77.72%
Cap/Depr(5y)77.37%
Cap/Sales(3y)0.99%
Cap/Sales(5y)0.91%
Profit Quality(3y)161.36%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1.6%
EPS 3YN/A
EPS 5Y17.3%
EPS Q2Q%0%
EPS Next Y5.29%
EPS Next 2Y9.9%
EPS Next 3Y7.17%
EPS Next 5YN/A
Revenue 1Y (TTM)2.79%
Revenue growth 3Y9.5%
Revenue growth 5Y15.26%
Sales Q2Q%4.61%
Revenue Next Year2.08%
Revenue Next 2Y2.01%
Revenue Next 3Y1.91%
Revenue Next 5YN/A
EBIT growth 1Y10.65%
EBIT growth 3YN/A
EBIT growth 5Y37.38%
EBIT Next Year48.2%
EBIT Next 3Y16.11%
EBIT Next 5YN/A
FCF growth 1Y2.49%
FCF growth 3YN/A
FCF growth 5Y33.3%
OCF growth 1Y3.38%
OCF growth 3Y159.12%
OCF growth 5Y30.56%