FRESH DEL MONTE PRODUCE INC (FDP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FDP - KYG367381053 - Common Stock
35.63 USD
+0.15 (+0.42%)
35.63 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. 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. These ratings would make FDP suitable 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.
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
Looking at the Return On Assets, with a value of 2.58%, FDP is in line with its industry, outperforming 54.02% of the companies in the same industry.
FDP's Return On Equity of 3.93% is in line compared to the rest of the industry. FDP outperforms 51.72% of its industry peers.
The Return On Invested Capital of FDP (5.10%) is comparable to the rest of the industry.
FDP had an Average Return On Invested Capital over the past 3 years of 4.70%. This is significantly below the industry average of 28.50%.
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
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.
FDP's Operating Margin of 3.75% is in line compared to the rest of the industry. FDP outperforms 57.47% of its industry peers.
In the last couple of years the Operating Margin of FDP has grown nicely.
The Gross Margin of FDP (8.38%) is worse than 68.97% 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
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.
The number of shares outstanding for FDP remains at a similar level compared to 5 years ago.
The debt/assets ratio for FDP has been reduced compared to a year ago.
2.2 Solvency
FDP has an Altman-Z score of 3.45. This indicates that FDP is financially healthy and has little risk of bankruptcy at the moment.
FDP has a Altman-Z score of 3.45. This is in the better half of the industry: FDP outperforms 72.41% 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.
Looking at the Debt to FCF ratio, with a value of 1.01, FDP belongs to the top of the industry, outperforming 91.95% 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 77.01% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.01 | ||
| Altman-Z | 3.45 |
ROIC/WACC0.63
WACC8.15%
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.
A Quick Ratio of 1.07 indicates that FDP should not have too much problems paying its short term obligations.
FDP has a Quick ratio of 1.07. This is in the better half 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
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.
Measured over the past years, FDP shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.83% on average per year.
Looking at the last year, FDP shows a small growth in Revenue. The Revenue has grown by 0.94% in the last 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
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
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
The Price/Earnings ratio is 12.68, which indicates a correct valuation of FDP.
Based on the Price/Earnings ratio, FDP is valued a bit cheaper than the industry average as 73.56% of the companies are valued more expensively.
FDP is valuated cheaply when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 11.49, which indicates a very decent valuation of FDP.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FDP indicates a rather cheap valuation: FDP is cheaper than 80.46% of the companies listed in the same industry.
FDP's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.68 | ||
| Fwd PE | 11.49 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FDP is valued a bit cheaper than the industry average as 75.86% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, FDP is valued cheaply inside the industry as 86.21% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.66 | ||
| EV/EBITDA | 7.54 |
4.3 Compensation for Growth
FDP's 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)0.72
PEG (5Y)0.71
EPS Next 2Y12.96%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.34%, FDP has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.42, FDP pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, FDP pays a better dividend.
| 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 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
35.63
+0.15 (+0.42%)
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 Cap1.70B
Revenue(TTM)4.32B
Net Income(TTM)79.20M
Analysts80
Price Target46.92 (31.69%)
Short Float %3.93%
Short Ratio4.94
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-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 | 12.68 | ||
| Fwd PE | 11.49 | ||
| P/S | 0.39 | ||
| P/FCF | 9.66 | ||
| P/OCF | 7.42 | ||
| P/B | 0.84 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | 7.54 |
EPS(TTM)2.81
EY7.89%
EPS(NY)3.1
Fwd EY8.7%
FCF(TTM)3.69
FCFY10.35%
OCF(TTM)4.8
OCFY13.48%
SpS90.35
BVpS42.17
TBVpS33.31
PEG (NY)0.72
PEG (5Y)0.71
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 | 3.45 |
F-Score7
WACC8.15%
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.
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 12.68 and the Price/Book (PB) ratio is 0.84.
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%.