FRESH DEL MONTE PRODUCE INC (FDP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FDP - KYG367381053 - Common Stock
35.97 USD
+0.08 (+0.22%)
35.97 USD
0 (0%)
Overall FDP gets a fundamental rating of 6 out of 10. We evaluated FDP against 87 industry peers in the Food Products industry. FDP has an excellent financial health rating, but there are some minor concerns on its profitability. FDP is valued quite cheap, but it does not seem to be growing. FDP also has an excellent dividend rating. These ratings could make FDP a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
In the past year FDP was profitable.
FDP had a positive operating cash flow in the past year.
Of the past 5 years FDP 4 years were profitable.
FDP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FDP has a Return On Assets of 2.58%. This is comparable to the rest of the industry: FDP outperforms 52.87% of its industry peers.
FDP's Return On Equity of 3.93% is in line compared to the rest of the industry. FDP outperforms 50.57% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.10%, FDP is in line with its industry, outperforming 59.77% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FDP is significantly below the industry average of 28.50%.
The 3 year average ROIC (4.70%) for FDP is below the current ROIC(5.10%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.58% | ||
| ROE | 3.93% | ||
| ROIC | 5.1% |
ROA(3y)2.36%
ROA(5y)2.18%
ROE(3y)3.91%
ROE(5y)3.8%
ROIC(3y)4.7%
ROIC(5y)3.9%
1.3 Margins
FDP has a Profit Margin of 1.84%. This is comparable to the rest of the industry: FDP outperforms 55.17% of its industry peers.
In the last couple of years the Profit Margin of FDP has grown nicely.
FDP has a Operating Margin (3.75%) which is comparable to the rest of the industry.
FDP's Operating Margin has improved in the last couple of years.
FDP has a Gross Margin of 8.38%. This is in the lower half of the industry: FDP underperforms 70.11% of its industry peers.
FDP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.75% | ||
| PM (TTM) | 1.84% | ||
| GM | 8.38% |
OM growth 3Y12.98%
OM growth 5Y9.99%
PM growth 3Y20.87%
PM growth 5Y17.53%
GM growth 3Y5.38%
GM growth 5Y4.54%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FDP is destroying value.
Compared to 1 year ago, FDP has more shares outstanding
FDP has about the same amout of shares outstanding than it did 5 years ago.
FDP has a better debt/assets ratio than last year.
2.2 Solvency
FDP has an Altman-Z score of 3.46. This indicates that FDP is financially healthy and has little risk of bankruptcy at the moment.
FDP has a better Altman-Z score (3.46) than 77.01% of its industry peers.
FDP has a debt to FCF ratio of 1.01. This is a very positive value and a sign of high solvency as it would only need 1.01 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.01, FDP belongs to the top of the industry, outperforming 93.10% of the companies in the same industry.
FDP has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.09, FDP is in the better half of the industry, outperforming 74.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.01 | ||
| Altman-Z | 3.46 |
ROIC/WACC0.63
WACC8.16%
2.3 Liquidity
FDP has a Current Ratio of 2.09. This indicates that FDP is financially healthy and has no problem in meeting its short term obligations.
FDP's Current ratio of 2.09 is fine compared to the rest of the industry. FDP outperforms 65.52% of its industry peers.
A Quick Ratio of 1.07 indicates that FDP should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.07, FDP is in the better half of the industry, outperforming 65.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
FDP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.12%, which is quite good.
FDP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.83% yearly.
FDP shows a small growth in Revenue. In the last year, the Revenue has grown by 0.94%.
Measured over the past years, FDP shows a decrease in Revenue. The Revenue has been decreasing by -0.95% on average per year.
EPS 1Y (TTM)16.12%
EPS 3Y12.87%
EPS 5Y17.83%
EPS Q2Q%-10.39%
Revenue 1Y (TTM)0.94%
Revenue growth 3Y0.22%
Revenue growth 5Y-0.95%
Sales Q2Q%0.24%
3.2 Future
The Earnings Per Share is expected to grow by 12.96% on average over the next years. This is quite good.
The Revenue is expected to decrease by -1.58% on average over the next years.
EPS Next Y17.63%
EPS Next 2Y12.96%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.21%
Revenue Next 2Y-1.58%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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
Based on the Price/Earnings ratio of 12.80, the valuation of FDP can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of FDP indicates a somewhat cheap valuation: FDP is cheaper than 74.71% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.59. FDP is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 11.60, which indicates a very decent valuation of FDP.
Based on the Price/Forward Earnings ratio, FDP is valued cheaply inside the industry as 80.46% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.03, FDP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.8 | ||
| Fwd PE | 11.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FDP is valued a bit cheaper than 75.86% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FDP is valued cheaper than 87.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.75 | ||
| EV/EBITDA | 7.61 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FDP's earnings are expected to grow with 12.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.73
PEG (5Y)0.72
EPS Next 2Y12.96%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FDP has a Yearly Dividend Yield of 3.10%. Purely for dividend investing, there may be better candidates out there.
FDP's Dividend Yield is a higher than the industry average which is at 2.36.
FDP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.1% |
5.2 History
On average, the dividend of FDP grows each year by 10.71%, which is quite nice.
FDP has paid a dividend for at least 10 years, which is a reliable track record.
As FDP did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)10.71%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
69.44% of the earnings are spent on dividend by FDP. This is not a sustainable payout ratio.
FDP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP69.44%
EPS Next 2Y12.96%
EPS Next 3YN/A
35.97
+0.08 (+0.22%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners73.65%
Inst Owner Change-0.08%
Ins Owners17.88%
Ins Owner Change-1.3%
Market Cap1.72B
Revenue(TTM)4.32B
Net Income(TTM)79.20M
Analysts80
Price TargetN/A
Short Float %4.13%
Short Ratio5.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.1% |
Yearly Dividend1
Dividend Growth(5Y)10.71%
DP69.44%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)32.41%
Min EPS beat(2)28.19%
Max EPS beat(2)36.63%
EPS beat(4)2
Avg EPS beat(4)6.53%
Min EPS beat(4)-30.43%
Max EPS beat(4)36.63%
EPS beat(8)4
Avg EPS beat(8)12.29%
EPS beat(12)6
Avg EPS beat(12)101.88%
EPS beat(16)8
Avg EPS beat(16)82.01%
Revenue beat(2)1
Avg Revenue beat(2)-0.85%
Min Revenue beat(2)-2.86%
Max Revenue beat(2)1.15%
Revenue beat(4)1
Avg Revenue beat(4)-1.71%
Min Revenue beat(4)-2.95%
Max Revenue beat(4)1.15%
Revenue beat(8)1
Avg Revenue beat(8)-2.44%
Revenue beat(12)1
Avg Revenue beat(12)-2.88%
Revenue beat(16)4
Avg Revenue beat(16)-1.98%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-26.32%
EPS NY rev (1m)0%
EPS NY rev (3m)3.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.12%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.8 | ||
| Fwd PE | 11.6 | ||
| P/S | 0.4 | ||
| P/FCF | 9.75 | ||
| P/OCF | 7.49 | ||
| P/B | 0.85 | ||
| P/tB | 1.08 | ||
| EV/EBITDA | 7.61 |
EPS(TTM)2.81
EY7.81%
EPS(NY)3.1
Fwd EY8.62%
FCF(TTM)3.69
FCFY10.25%
OCF(TTM)4.8
OCFY13.36%
SpS90.35
BVpS42.17
TBVpS33.31
PEG (NY)0.73
PEG (5Y)0.72
Graham Number51.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.58% | ||
| ROE | 3.93% | ||
| ROCE | 6.46% | ||
| ROIC | 5.1% | ||
| ROICexc | 5.31% | ||
| ROICexgc | 6.44% | ||
| OM | 3.75% | ||
| PM (TTM) | 1.84% | ||
| GM | 8.38% | ||
| FCFM | 4.08% |
ROA(3y)2.36%
ROA(5y)2.18%
ROE(3y)3.91%
ROE(5y)3.8%
ROIC(3y)4.7%
ROIC(5y)3.9%
ROICexc(3y)4.76%
ROICexc(5y)3.94%
ROICexgc(3y)5.78%
ROICexgc(5y)4.83%
ROCE(3y)5.95%
ROCE(5y)4.94%
ROICexgc growth 3Y14.74%
ROICexgc growth 5Y9.67%
ROICexc growth 3Y16.45%
ROICexc growth 5Y10.8%
OM growth 3Y12.98%
OM growth 5Y9.99%
PM growth 3Y20.87%
PM growth 5Y17.53%
GM growth 3Y5.38%
GM growth 5Y4.54%
F-Score7
Asset Turnover1.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.01 | ||
| Debt/EBITDA | 0.75 | ||
| Cap/Depr | 71.54% | ||
| Cap/Sales | 1.23% | ||
| Interest Coverage | 9.47 | ||
| Cash Conversion | 97.04% | ||
| Profit Quality | 222.48% | ||
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.07 | ||
| Altman-Z | 3.46 |
F-Score7
WACC8.16%
ROIC/WACC0.63
Cap/Depr(3y)61.97%
Cap/Depr(5y)89.11%
Cap/Sales(3y)1.21%
Cap/Sales(5y)1.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)16.12%
EPS 3Y12.87%
EPS 5Y17.83%
EPS Q2Q%-10.39%
EPS Next Y17.63%
EPS Next 2Y12.96%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)0.94%
Revenue growth 3Y0.22%
Revenue growth 5Y-0.95%
Sales Q2Q%0.24%
Revenue Next Year0.21%
Revenue Next 2Y-1.58%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y1.76%
EBIT growth 3Y13.23%
EBIT growth 5Y8.95%
EBIT Next Year45.66%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y111.78%
FCF growth 3Y63.37%
FCF growth 5Y22.82%
OCF growth 1Y68.5%
OCF growth 3Y12.41%
OCF growth 5Y1.54%
FRESH DEL MONTE PRODUCE INC / FDP FAQ
Can you provide the ChartMill fundamental rating for FRESH DEL MONTE PRODUCE INC?
ChartMill assigns a fundamental rating of 6 / 10 to FDP.
What is the valuation status for FDP stock?
ChartMill assigns a valuation rating of 7 / 10 to FRESH DEL MONTE PRODUCE INC (FDP). This can be considered as Undervalued.
What is the profitability of FDP stock?
FRESH DEL MONTE PRODUCE INC (FDP) has a profitability rating of 5 / 10.
How financially healthy is FRESH DEL MONTE PRODUCE INC?
The financial health rating of FRESH DEL MONTE PRODUCE INC (FDP) is 7 / 10.
What is the expected EPS growth for FRESH DEL MONTE PRODUCE INC (FDP) stock?
The Earnings per Share (EPS) of FRESH DEL MONTE PRODUCE INC (FDP) is expected to grow by 17.63% in the next year.