FRESH DEL MONTE PRODUCE INC (FDP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FDP - KYG367381053 - Common Stock
38.21 USD
+1.66 (+4.54%)
38.21 USD
0 (0%)
Taking everything into account, FDP scores 5 out of 10 in our fundamental rating. FDP was compared to 86 industry peers in the Food Products industry. While FDP has a great health rating, its profitability is only average at the moment. FDP has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
FDP had positive earnings in the past year.
FDP had a positive operating cash flow in the past year.
FDP had positive earnings in 4 of the past 5 years.
FDP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 2.58%, FDP perfoms like the industry average, outperforming 52.33% of the companies in the same industry.
FDP has a Return On Equity (3.93%) which is comparable to the rest of the industry.
FDP has a Return On Invested Capital (5.10%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for FDP is significantly below the industry average of 28.69%.
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 comparable to the rest of the industry.
In the last couple of years the Profit Margin of FDP has grown nicely.
FDP's Operating Margin of 3.75% is in line compared to the rest of the industry. FDP outperforms 56.98% of its industry peers.
In the last couple of years the Operating Margin of FDP has grown nicely.
With a Gross Margin value of 8.38%, FDP is not doing good in the industry: 70.93% of the companies in the same industry are doing better.
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
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
An Altman-Z score of 3.48 indicates that FDP is not in any danger for bankruptcy at the moment.
The Altman-Z score of FDP (3.48) is better than 76.74% 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 91.86% of the companies in the same industry.
A Debt/Equity ratio of 0.09 indicates that FDP is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.09, FDP is doing good in the industry, outperforming 73.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.01 | ||
| Altman-Z | 3.48 |
ROIC/WACC0.62
WACC8.18%
2.3 Liquidity
A Current Ratio of 2.09 indicates that FDP has no problem at all paying its short term obligations.
FDP has a better Current ratio (2.09) than 66.28% 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 65.12% 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.
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.
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
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.
FDP is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.58% yearly.
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
With a Price/Earnings ratio of 13.60, FDP is valued correctly.
73.26% of the companies in the same industry are more expensive than FDP, based on the Price/Earnings ratio.
FDP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.76.
With a Price/Forward Earnings ratio of 12.32, FDP is valued correctly.
80.23% of the companies in the same industry are more expensive than FDP, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of FDP to the average of the S&P500 Index (23.96), we can say FDP is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.6 | ||
| Fwd PE | 12.32 |
4.2 Price Multiples
FDP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. FDP is cheaper than 75.58% of the companies in the same industry.
FDP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FDP is cheaper than 88.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.36 | ||
| EV/EBITDA | 7.73 |
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)0.77
PEG (5Y)0.76
EPS Next 2Y12.96%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.25%, FDP has a reasonable but not impressive dividend return.
FDP's Dividend Yield is a higher than the industry average which is at 5.10.
Compared to an average S&P500 Dividend Yield of 2.31, FDP pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.25% |
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.
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
FDP pays out 69.44% of its income as dividend. 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
38.21
+1.66 (+4.54%)
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-0.97%
Market Cap1.83B
Revenue(TTM)4.32B
Net Income(TTM)79.20M
Analysts80
Price Target46.92 (22.8%)
Short Float %4.33%
Short Ratio5.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.25% |
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 | 13.6 | ||
| Fwd PE | 12.32 | ||
| P/S | 0.42 | ||
| P/FCF | 10.36 | ||
| P/OCF | 7.95 | ||
| P/B | 0.91 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 7.73 |
EPS(TTM)2.81
EY7.35%
EPS(NY)3.1
Fwd EY8.11%
FCF(TTM)3.69
FCFY9.65%
OCF(TTM)4.8
OCFY12.57%
SpS90.35
BVpS42.17
TBVpS33.31
PEG (NY)0.77
PEG (5Y)0.76
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 | 3.48 |
F-Score7
WACC8.18%
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 5 / 10 to FDP.
What is the valuation status for FDP stock?
ChartMill assigns a valuation rating of 6 / 10 to FRESH DEL MONTE PRODUCE INC (FDP). This can be considered as Fairly Valued.
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.