FRESH DEL MONTE PRODUCE INC (FDP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FDP - KYG367381053 - Common Stock
36.51 USD
+0.5 (+1.39%)
36.51 USD
0 (0%)
Taking everything into account, FDP scores 6 out of 10 in our fundamental rating. FDP was compared to 87 industry peers in the Food Products industry. While FDP has a great health rating, its profitability is only average at the moment. FDP is valued quite cheap, but it does not seem to be growing. FDP also has an excellent dividend rating. With these ratings, FDP could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
In the past year FDP was profitable.
In the past year FDP had a positive cash flow from operations.
Of the past 5 years FDP 4 years were profitable.
In the past 5 years FDP always reported a positive cash flow from operatings.
1.2 Ratios
FDP's Return On Assets of 2.58% is in line compared to the rest of the industry. FDP outperforms 52.87% of its industry peers.
With a Return On Equity value of 3.93%, FDP perfoms like the industry average, outperforming 50.57% of the companies in the same industry.
With a Return On Invested Capital value of 5.10%, FDP perfoms like the industry average, outperforming 58.62% 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 27.80%.
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
The Profit Margin of FDP (1.84%) is comparable to the rest of the industry.
FDP's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 3.75%, FDP is in line with its industry, outperforming 55.17% of the companies in the same industry.
FDP's Operating Margin has improved in the last couple of years.
FDP has a worse Gross Margin (8.38%) than 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.
Compared to 1 year ago, FDP has an improved debt to assets ratio.
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.
The Altman-Z score of FDP (3.46) is better than 73.56% 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.
FDP has a better Debt to FCF ratio (1.01) than 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.
FDP has a Debt to Equity ratio of 0.09. This is in the better half of the industry: FDP outperforms 77.01% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.01 | ||
| Altman-Z | 3.46 |
ROIC/WACC0.62
WACC8.19%
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.
FDP's Quick ratio of 1.07 is fine compared to the rest of the industry. FDP outperforms 65.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.12% over the past year.
FDP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.83% yearly.
The Revenue has been growing slightly by 0.94% in the past year.
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
FDP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.96% yearly.
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.
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
A Price/Earnings ratio of 12.99 indicates a correct valuation of FDP.
Based on the Price/Earnings ratio, FDP is valued a bit cheaper than the industry average as 72.41% of the companies are valued more expensively.
FDP is valuated cheaply when we compare the Price/Earnings ratio to 27.25, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.77, which indicates a very decent valuation of FDP.
79.31% of the companies in the same industry are more expensive than FDP, based on the Price/Forward Earnings ratio.
FDP is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.99 | ||
| Fwd PE | 11.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FDP is valued a bit cheaper than 73.56% of the companies in the same industry.
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 | 9.9 | ||
| EV/EBITDA | 7.62 |
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)0.74
PEG (5Y)0.73
EPS Next 2Y12.96%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FDP has a Yearly Dividend Yield of 3.37%.
Compared to an average industry Dividend Yield of 2.47, FDP pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.92, FDP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.37% |
5.2 History
On average, the dividend of FDP grows each year by 10.71%, which is quite nice.
FDP has been paying a dividend for at least 10 years, so it has a reliable track record.
FDP has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)10.71%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
FDP pays out 69.44% of its income as dividend. 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
36.51
+0.5 (+1.39%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners73.68%
Inst Owner Change0.16%
Ins Owners17.82%
Ins Owner Change-1.3%
Market Cap1.74B
Revenue(TTM)4.32B
Net Income(TTM)79.20M
Analysts80
Price Target46.92 (28.51%)
Short Float %3.93%
Short Ratio4.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.37% |
Yearly Dividend1
Dividend Growth(5Y)10.71%
DP69.44%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
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 | 12.99 | ||
| Fwd PE | 11.77 | ||
| P/S | 0.4 | ||
| P/FCF | 9.9 | ||
| P/OCF | 7.6 | ||
| P/B | 0.87 | ||
| P/tB | 1.1 | ||
| EV/EBITDA | 7.62 |
EPS(TTM)2.81
EY7.7%
EPS(NY)3.1
Fwd EY8.49%
FCF(TTM)3.69
FCFY10.1%
OCF(TTM)4.8
OCFY13.16%
SpS90.35
BVpS42.17
TBVpS33.31
PEG (NY)0.74
PEG (5Y)0.73
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
WACC8.19%
ROIC/WACC0.62
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.
Can you provide the valuation status for FRESH DEL MONTE PRODUCE INC?
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.
What are the PE and PB ratios of FRESH DEL MONTE PRODUCE INC (FDP) stock?
The Price/Earnings (PE) ratio for FRESH DEL MONTE PRODUCE INC (FDP) is 12.99 and the Price/Book (PB) ratio is 0.87.
Can you provide the dividend sustainability for FDP stock?
The dividend rating of FRESH DEL MONTE PRODUCE INC (FDP) is 7 / 10 and the dividend payout ratio is 69.44%.