FRESH DEL MONTE PRODUCE INC (FDP)
KYG367381053 - Common Stock
FDP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 92 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. A decent growth rate in combination with a cheap valuation! Better keep an eye on FDP.
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.
FDP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.48%, FDP is doing worse than 62.79% of the companies in the same industry.
FDP has a worse Return On Equity (0.77%) than 61.63% of its industry peers.
FDP has a Return On Invested Capital of 4.84%. This is comparable to the rest of the industry: FDP outperforms 46.51% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FDP is below the industry average of 8.99%.
The 3 year average ROIC (4.10%) for FDP is below the current ROIC(4.84%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.48% | ||
| ROE | 0.77% | ||
| ROIC | 4.84% |
ROA(3y)1.62%
ROA(5y)1.66%
ROE(3y)3%
ROE(5y)3.15%
ROIC(3y)4.1%
ROIC(5y)3.5%
1.3 Margins
Looking at the Profit Margin, with a value of 0.36%, FDP is doing worse than 61.63% of the companies in the same industry.
FDP has a Operating Margin of 3.72%. This is comparable to the rest of the industry: FDP outperforms 48.84% of its industry peers.
In the last couple of years the Operating Margin of FDP has grown nicely.
The Gross Margin of FDP (8.23%) is worse than 76.74% of its industry peers.
In the last couple of years the Gross Margin of FDP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.72% | ||
| PM (TTM) | 0.36% | ||
| GM | 8.23% |
OM growth 3Y26.66%
OM growth 5Y14.92%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.48%
GM growth 5Y5.45%
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 less shares outstanding than it did 1 year ago.
FDP has less 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 3.14. This indicates that FDP is financially healthy and has little risk of bankruptcy at the moment.
FDP has a better Altman-Z score (3.14) than 74.42% of its industry peers.
The Debt to FCF ratio of FDP is 2.06, which is a good value as it means it would take FDP, 2.06 years of fcf income to pay off all of its debts.
FDP has a Debt to FCF ratio of 2.06. This is in the better half of the industry: FDP outperforms 77.91% of its industry peers.
FDP has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.14, FDP is in the better half of the industry, outperforming 75.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 2.06 | ||
| Altman-Z | 3.14 |
ROIC/WACC0.6
WACC8.1%
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 65.12% of its industry peers.
FDP has a Quick Ratio of 1.04. This is a normal value and indicates that FDP is financially healthy and should not expect problems in meeting its short term obligations.
FDP has a Quick ratio of 1.04. This is in the better half of the industry: FDP outperforms 62.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 4.76% over the past year.
Measured over the past years, FDP shows a very strong growth in Earnings Per Share. The EPS has been growing by 36.21% on average per year.
The Revenue has decreased by -1.75% in the past year.
Measured over the past years, FDP shows a decrease in Revenue. The Revenue has been decreasing by -0.78% on average per year.
EPS 1Y (TTM)4.76%
EPS 3Y22.42%
EPS 5Y36.21%
EPS Q2Q%120%
Revenue 1Y (TTM)-1.75%
Revenue growth 3Y0.93%
Revenue growth 5Y-0.78%
Sales Q2Q%1.63%
3.2 Future
The Earnings Per Share is expected to grow by 17.92% on average over the next years. This is quite good.
The Revenue is expected to grow by 0.43% on average over the next years.
EPS Next Y21.58%
EPS Next 2Y17.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.65%
Revenue Next 2Y0.43%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.85 indicates a correct valuation of FDP.
Based on the Price/Earnings ratio, FDP is valued a bit cheaper than the industry average as 74.42% of the companies are valued more expensively.
FDP is valuated cheaply when we compare the Price/Earnings ratio to 27.10, which is the current average of the S&P500 Index.
FDP is valuated reasonably with a Price/Forward Earnings ratio of 10.60.
87.21% of the companies in the same industry are more expensive than FDP, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.41, FDP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.85 | ||
| Fwd PE | 10.6 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FDP indicates a rather cheap valuation: FDP is cheaper than 80.23% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, FDP is valued a bit cheaper than the industry average as 76.74% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.13 | ||
| EV/EBITDA | 7.09 |
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 17.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.6
PEG (5Y)0.35
EPS Next 2Y17.92%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FDP has a Yearly Dividend Yield of 3.21%. 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 3.85.
FDP's Dividend Yield is a higher than the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.21% |
5.2 History
On average, the dividend of FDP grows each year by 8.22%, 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)8.22%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
296.73% 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.
DP296.73%
EPS Next 2Y17.92%
EPS Next 3YN/A
FRESH DEL MONTE PRODUCE INC
NYSE:FDP (1/13/2025, 8:18:41 PM)
After market: 31.09 0 (0%)31.09
+0.57 (+1.87%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners67.9%
Inst Owner Change0.12%
Ins Owners21.95%
Ins Owner Change-0.18%
Market Cap1.49B
Analysts80
Price Target39.78 (27.95%)
Short Float %0.69%
Short Ratio0.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.21% |
Dividend Growth(5Y)8.22%
DP296.73%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)67.71%
Min EPS beat(2)60.5%
Max EPS beat(2)74.92%
EPS beat(4)2
Avg EPS beat(4)18.05%
Min EPS beat(4)-44.36%
Max EPS beat(4)74.92%
EPS beat(8)4
Avg EPS beat(8)149.56%
EPS beat(12)6
Avg EPS beat(12)107.17%
EPS beat(16)9
Avg EPS beat(16)87.48%
Revenue beat(2)0
Avg Revenue beat(2)-2.26%
Min Revenue beat(2)-4.47%
Max Revenue beat(2)-0.05%
Revenue beat(4)0
Avg Revenue beat(4)-3.16%
Min Revenue beat(4)-4.74%
Max Revenue beat(4)-0.05%
Revenue beat(8)0
Avg Revenue beat(8)-3.47%
Revenue beat(12)3
Avg Revenue beat(12)-2.07%
Revenue beat(16)3
Avg Revenue beat(16)-2.18%
PT rev (1m)0%
PT rev (3m)20%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.6%
EPS NY rev (1m)-1.93%
EPS NY rev (3m)23.3%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.85 | ||
| Fwd PE | 10.6 | ||
| P/S | 0.35 | ||
| P/FCF | 11.13 | ||
| P/OCF | 8.06 | ||
| P/B | 0.75 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | 7.09 |
EPS(TTM)2.42
EY7.78%
EPS(NY)2.93
Fwd EY9.44%
FCF(TTM)2.79
FCFY8.98%
OCF(TTM)3.86
OCFY12.41%
SpS89.19
BVpS41.54
TBVpS32.45
PEG (NY)0.6
PEG (5Y)0.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.48% | ||
| ROE | 0.77% | ||
| ROCE | 6.12% | ||
| ROIC | 4.84% | ||
| ROICexc | 4.93% | ||
| ROICexgc | 5.95% | ||
| OM | 3.72% | ||
| PM (TTM) | 0.36% | ||
| GM | 8.23% | ||
| FCFM | 3.13% |
ROA(3y)1.62%
ROA(5y)1.66%
ROE(3y)3%
ROE(5y)3.15%
ROIC(3y)4.1%
ROIC(5y)3.5%
ROICexc(3y)4.14%
ROICexc(5y)3.53%
ROICexgc(3y)5.1%
ROICexgc(5y)4.39%
ROCE(3y)5.2%
ROCE(5y)4.43%
ROICexcg growth 3Y28.29%
ROICexcg growth 5Y12.77%
ROICexc growth 3Y30.43%
ROICexc growth 5Y14.35%
OM growth 3Y26.66%
OM growth 5Y14.92%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.48%
GM growth 5Y5.45%
F-Score6
Asset Turnover1.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 2.06 | ||
| Debt/EBITDA | 1.15 | ||
| Cap/Depr | 64.6% | ||
| Cap/Sales | 1.2% | ||
| Interest Coverage | 8.34 | ||
| Cash Conversion | 77.63% | ||
| Profit Quality | 875.16% | ||
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 3.14 |
F-Score6
WACC8.1%
ROIC/WACC0.6
Cap/Depr(3y)73.93%
Cap/Depr(5y)100.92%
Cap/Sales(3y)1.58%
Cap/Sales(5y)2.21%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)4.76%
EPS 3Y22.42%
EPS 5Y36.21%
EPS Q2Q%120%
EPS Next Y21.58%
EPS Next 2Y17.92%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-1.75%
Revenue growth 3Y0.93%
Revenue growth 5Y-0.78%
Sales Q2Q%1.63%
Revenue Next Year-1.65%
Revenue Next 2Y0.43%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-11.51%
EBIT growth 3Y27.84%
EBIT growth 5Y14.02%
EBIT Next Year40.71%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y322.4%
FCF growth 3Y57.78%
FCF growth 5Y4.58%
OCF growth 1Y123.97%
OCF growth 3Y-0.5%
OCF growth 5Y-6.32%