FRESH DEL MONTE PRODUCE INC (FDP) Stock Fundamental Analysis
USA - NYSE:FDP - KYG367381053 - Common Stock
35.03 USD
+0.51 (+1.48%)
35.03 USD
0 (0%)
FDP gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 87 industry peers in the Food Products industry. FDP is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. FDP has a bad growth rate and is valued cheaply. These ratings would make FDP suitable for value investing!
1. Profitability
1.1 Basic Checks
FDP had positive earnings in the past year.
In the past year FDP had a positive cash flow from operations.
FDP had positive earnings in 4 of the past 5 years.
In the past 5 years FDP always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of FDP (2.58%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 3.93%, FDP is in line with its industry, outperforming 47.13% of the companies in the same industry.
FDP's Return On Invested Capital of 5.10% is in line compared to the rest of the industry. FDP outperforms 58.62% of its industry peers.
FDP had an Average Return On Invested Capital over the past 3 years of 4.70%. This is significantly below the industry average of 28.38%.
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 (1.84%) which is in line with its industry peers.
In the last couple of years the Profit Margin of FDP has grown nicely.
Looking at the Operating Margin, with a value of 3.75%, FDP is in line with its industry, outperforming 56.32% of the companies in the same industry.
In the last couple of years the Operating Margin of FDP has grown nicely.
The Gross Margin of FDP (8.38%) is worse than 72.41% of its industry peers.
In the last couple of years the Gross Margin of FDP has grown nicely.
| 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
FDP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
FDP has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, FDP has about the same amount of shares outstanding.
FDP has a better debt/assets ratio than last year.
2.2 Solvency
FDP has an Altman-Z score of 3.42. This indicates that FDP is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of FDP (3.42) is better than 74.71% of its industry peers.
The Debt to FCF ratio of FDP is 1.01, which is an excellent value as it means it would take FDP, only 1.01 years of fcf income to pay off all of its debts.
FDP's Debt to FCF ratio of 1.01 is amongst the best of the industry. FDP outperforms 90.80% of its industry peers.
FDP has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.09, FDP is doing good in the industry, outperforming 72.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.01 | ||
| Altman-Z | 3.42 |
ROIC/WACC0.63
WACC8.11%
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 has a better Current ratio (2.09) than 65.52% of its industry peers.
FDP has a Quick Ratio of 1.07. This is a normal value and indicates that FDP is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of FDP (1.07) is better than 65.52% of its industry peers.
| 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.
The Earnings Per Share has been growing by 17.83% on average over the past years. This is quite good.
FDP shows a small growth in Revenue. In the last year, the Revenue has grown by 0.94%.
FDP shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.95% yearly.
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
Based on estimates for the next years, FDP will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.96% on average per year.
Based on estimates for the next years, FDP will show a decrease in Revenue. The Revenue will decrease by -1.58% on average per year.
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
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.47 indicates a correct valuation of FDP.
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 25.45. FDP is valued rather cheaply when compared to this.
FDP is valuated reasonably with a Price/Forward Earnings ratio of 11.30.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FDP indicates a rather cheap valuation: FDP is cheaper than 81.61% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.46, FDP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.47 | ||
| Fwd PE | 11.3 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FDP is valued a bit cheaper than the industry average as 78.16% of the companies are valued more expensively.
86.21% of the companies in the same industry are more expensive than FDP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.54 | ||
| EV/EBITDA | 7.34 |
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.
A more expensive valuation may be justified as FDP's earnings are expected to grow with 12.96% in the coming years.
PEG (NY)0.71
PEG (5Y)0.7
EPS Next 2Y12.96%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FDP has a Yearly Dividend Yield of 3.34%. 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 5.15.
Compared to an average S&P500 Dividend Yield of 2.45, FDP pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.34% |
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.
The dividend of FDP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP69.44%
EPS Next 2Y12.96%
EPS Next 3YN/A
35.03
+0.51 (+1.48%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners73.62%
Inst Owner Change-0.09%
Ins Owners17.82%
Ins Owner Change-1.02%
Market Cap1.68B
Revenue(TTM)4.32B
Net Income(TTM)79.20M
Analysts80
Price Target46.92 (33.94%)
Short Float %4.56%
Short Ratio5.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.34% |
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)-26.32%
EPS NQ rev (3m)-26.32%
EPS NY rev (1m)3.66%
EPS NY rev (3m)9.69%
Revenue NQ rev (1m)-3.12%
Revenue NQ rev (3m)-3.12%
Revenue NY rev (1m)-1.2%
Revenue NY rev (3m)-0.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.47 | ||
| Fwd PE | 11.3 | ||
| P/S | 0.39 | ||
| P/FCF | 9.54 | ||
| P/OCF | 7.32 | ||
| P/B | 0.83 | ||
| P/tB | 1.06 | ||
| EV/EBITDA | 7.34 |
EPS(TTM)2.81
EY8.02%
EPS(NY)3.1
Fwd EY8.85%
FCF(TTM)3.67
FCFY10.49%
OCF(TTM)4.78
OCFY13.66%
SpS89.97
BVpS41.99
TBVpS33.17
PEG (NY)0.71
PEG (5Y)0.7
Graham Number51.53
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 | 3.42 |
F-Score7
WACC8.11%
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 Year45.49%
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.