GENERAL MILLS INC (GRM.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:GRM - US3703341046 - Common Stock
40.53 EUR
-0.36 (-0.88%)
Overall GRM gets a fundamental rating of 4 out of 10. We evaluated GRM against 59 industry peers in the Food Products industry. While GRM has a great profitability rating, there are quite some concerns on its financial health. GRM is valued correctly, but it does not seem to be growing. GRM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
GRM had positive earnings in the past year.
In the past year GRM had a positive cash flow from operations.
In the past 5 years GRM has always been profitable.
Each year in the past 5 years GRM had a positive operating cash flow.
1.2 Ratios
The Return On Assets of GRM (8.84%) is better than 86.44% of its industry peers.
The Return On Equity of GRM (30.71%) is better than 91.53% of its industry peers.
The Return On Invested Capital of GRM (10.30%) is better than 88.14% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GRM is above the industry average of 7.10%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.84% | ||
| ROE | 30.71% | ||
| ROIC | 10.3% |
ROA(3y)7.71%
ROA(5y)7.84%
ROE(3y)25.45%
ROE(5y)25.35%
ROIC(3y)10.86%
ROIC(5y)11.02%
1.3 Margins
With an excellent Profit Margin value of 15.24%, GRM belongs to the best of the industry, outperforming 93.22% of the companies in the same industry.
In the last couple of years the Profit Margin of GRM has remained more or less at the same level.
With an excellent Operating Margin value of 16.84%, GRM belongs to the best of the industry, outperforming 91.53% of the companies in the same industry.
GRM's Operating Margin has been stable in the last couple of years.
GRM has a Gross Margin (34.39%) which is in line with its industry peers.
GRM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.84% | ||
| PM (TTM) | 15.24% | ||
| GM | 34.39% |
OM growth 3Y-0.78%
OM growth 5Y0.01%
PM growth 3Y-6.16%
PM growth 5Y-0.98%
GM growth 3Y0.86%
GM growth 5Y-0.37%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so GRM is still creating some value.
GRM has less shares outstanding than it did 1 year ago.
The number of shares outstanding for GRM has been reduced compared to 5 years ago.
GRM has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.41 indicates that GRM is not a great score, but indicates only limited risk for bankruptcy at the moment.
GRM has a Altman-Z score (2.41) which is comparable to the rest of the industry.
The Debt to FCF ratio of GRM is 6.87, which is on the high side as it means it would take GRM, 6.87 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.87, GRM is in line with its industry, outperforming 59.32% of the companies in the same industry.
GRM has a Debt/Equity ratio of 1.29. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.29, GRM is doing worse than 81.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 6.87 | ||
| Altman-Z | 2.41 |
ROIC/WACC1.56
WACC6.59%
2.3 Liquidity
GRM has a Current Ratio of 0.66. This is a bad value and indicates that GRM is not financially healthy enough and could expect problems in meeting its short term obligations.
GRM has a worse Current ratio (0.66) than 91.53% of its industry peers.
A Quick Ratio of 0.40 indicates that GRM may have some problems paying its short term obligations.
GRM has a Quick ratio of 0.40. This is amonst the worse of the industry: GRM underperforms 83.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
GRM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.11%.
GRM shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.12% yearly.
Looking at the last year, GRM shows a decrease in Revenue. The Revenue has decreased by -3.26% in the last year.
GRM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.03% yearly.
EPS 1Y (TTM)-11.11%
EPS 3Y2.23%
EPS 5Y3.12%
EPS Q2Q%-19.63%
Revenue 1Y (TTM)-3.26%
Revenue growth 3Y0.86%
Revenue growth 5Y2.03%
Sales Q2Q%-6.82%
3.2 Future
GRM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.42% yearly.
Based on estimates for the next years, GRM will show a decrease in Revenue. The Revenue will decrease by -0.04% on average per year.
EPS Next Y-12.43%
EPS Next 2Y-4.52%
EPS Next 3Y-1.3%
EPS Next 5Y0.42%
Revenue Next Year-4.69%
Revenue Next 2Y-2.59%
Revenue Next 3Y-1.12%
Revenue Next 5Y-0.04%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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
GRM is valuated reasonably with a Price/Earnings ratio of 11.82.
GRM's Price/Earnings ratio is a bit cheaper when compared to the industry. GRM is cheaper than 72.88% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.11. GRM is valued rather cheaply when compared to this.
GRM is valuated correctly with a Price/Forward Earnings ratio of 12.30.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GRM indicates a somewhat cheap valuation: GRM is cheaper than 61.02% of the companies listed in the same industry.
GRM is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.21, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.82 | ||
| Fwd PE | 12.3 |
4.2 Price Multiples
GRM's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, GRM is valued a bit cheaper than the industry average as 76.27% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.01 | ||
| EV/EBITDA | 10.26 |
4.3 Compensation for Growth
The excellent profitability rating of GRM may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)3.78
EPS Next 2Y-4.52%
EPS Next 3Y-1.3%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.17%, GRM is a good candidate for dividend investing.
GRM's Dividend Yield is rather good when compared to the industry average which is at 3.35. GRM pays more dividend than 88.14% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, GRM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.17% |
5.2 History
The dividend of GRM has a limited annual growth rate of 4.26%.
Dividend Growth(5Y)4.26%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
45.62% of the earnings are spent on dividend by GRM. This is a bit on the high side, but may be sustainable.
GRM's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP45.62%
EPS Next 2Y-4.52%
EPS Next 3Y-1.3%
FRA:GRM (12/1/2025, 5:29:15 PM)
40.53
-0.36 (-0.88%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners86.7%
Inst Owner ChangeN/A
Ins Owners0.28%
Ins Owner ChangeN/A
Market Cap21.62B
Revenue(TTM)19.16B
Net Income(TTM)2.92B
Analysts65.38
Price Target47.61 (17.47%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.17% |
Yearly Dividend2.1
Dividend Growth(5Y)4.26%
DP45.62%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.8%
Min EPS beat(2)3.07%
Max EPS beat(2)4.53%
EPS beat(4)4
Avg EPS beat(4)6.19%
Min EPS beat(4)3.07%
Max EPS beat(4)13.83%
EPS beat(8)8
Avg EPS beat(8)5.44%
EPS beat(12)11
Avg EPS beat(12)4.45%
EPS beat(16)14
Avg EPS beat(16)4.55%
Revenue beat(2)0
Avg Revenue beat(2)-1.27%
Min Revenue beat(2)-1.66%
Max Revenue beat(2)-0.89%
Revenue beat(4)1
Avg Revenue beat(4)-1.25%
Min Revenue beat(4)-3.37%
Max Revenue beat(4)0.93%
Revenue beat(8)2
Avg Revenue beat(8)-1.51%
Revenue beat(12)3
Avg Revenue beat(12)-1.24%
Revenue beat(16)5
Avg Revenue beat(16)-0.84%
PT rev (1m)0.83%
PT rev (3m)-2.5%
EPS NQ rev (1m)-0.06%
EPS NQ rev (3m)-6.17%
EPS NY rev (1m)0%
EPS NY rev (3m)0.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.9%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.82 | ||
| Fwd PE | 12.3 | ||
| P/S | 1.31 | ||
| P/FCF | 12.01 | ||
| P/OCF | 9.36 | ||
| P/B | 2.65 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.26 |
EPS(TTM)3.43
EY8.46%
EPS(NY)3.3
Fwd EY8.13%
FCF(TTM)3.37
FCFY8.33%
OCF(TTM)4.33
OCFY10.69%
SpS30.84
BVpS15.3
TBVpS-21.31
PEG (NY)N/A
PEG (5Y)3.78
Graham Number34.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.84% | ||
| ROE | 30.71% | ||
| ROCE | 12.88% | ||
| ROIC | 10.3% | ||
| ROICexc | 10.71% | ||
| ROICexgc | 187.52% | ||
| OM | 16.84% | ||
| PM (TTM) | 15.24% | ||
| GM | 34.39% | ||
| FCFM | 10.94% |
ROA(3y)7.71%
ROA(5y)7.84%
ROE(3y)25.45%
ROE(5y)25.35%
ROIC(3y)10.86%
ROIC(5y)11.02%
ROICexc(3y)11.08%
ROICexc(5y)11.42%
ROICexgc(3y)120.36%
ROICexgc(5y)166.96%
ROCE(3y)13.69%
ROCE(5y)13.98%
ROICexgc growth 3Y-15.78%
ROICexgc growth 5Y-18.87%
ROICexc growth 3Y-3.26%
ROICexc growth 5Y-1.02%
OM growth 3Y-0.78%
OM growth 5Y0.01%
PM growth 3Y-6.16%
PM growth 5Y-0.98%
GM growth 3Y0.86%
GM growth 5Y-0.37%
F-Score4
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 6.87 | ||
| Debt/EBITDA | 3.25 | ||
| Cap/Depr | 110.48% | ||
| Cap/Sales | 3.1% | ||
| Interest Coverage | 6.25 | ||
| Cash Conversion | 71.48% | ||
| Profit Quality | 71.81% | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.4 | ||
| Altman-Z | 2.41 |
F-Score4
WACC6.59%
ROIC/WACC1.56
Cap/Depr(3y)127.4%
Cap/Depr(5y)114.04%
Cap/Sales(3y)3.51%
Cap/Sales(5y)3.29%
Profit Quality(3y)93.9%
Profit Quality(5y)97.6%
High Growth Momentum
Growth
EPS 1Y (TTM)-11.11%
EPS 3Y2.23%
EPS 5Y3.12%
EPS Q2Q%-19.63%
EPS Next Y-12.43%
EPS Next 2Y-4.52%
EPS Next 3Y-1.3%
EPS Next 5Y0.42%
Revenue 1Y (TTM)-3.26%
Revenue growth 3Y0.86%
Revenue growth 5Y2.03%
Sales Q2Q%-6.82%
Revenue Next Year-4.69%
Revenue Next 2Y-2.59%
Revenue Next 3Y-1.12%
Revenue Next 5Y-0.04%
EBIT growth 1Y-9.08%
EBIT growth 3Y0.07%
EBIT growth 5Y2.04%
EBIT Next Year5.08%
EBIT Next 3Y2.65%
EBIT Next 5Y2.69%
FCF growth 1Y3.4%
FCF growth 3Y-5.85%
FCF growth 5Y-6.54%
OCF growth 1Y-2.78%
OCF growth 3Y-4.17%
OCF growth 5Y-4.51%
GENERAL MILLS INC / GRM.DE FAQ
What is the ChartMill fundamental rating of GENERAL MILLS INC (GRM.DE) stock?
ChartMill assigns a fundamental rating of 4 / 10 to GRM.DE.
Can you provide the valuation status for GENERAL MILLS INC?
ChartMill assigns a valuation rating of 6 / 10 to GENERAL MILLS INC (GRM.DE). This can be considered as Fairly Valued.
How profitable is GENERAL MILLS INC (GRM.DE) stock?
GENERAL MILLS INC (GRM.DE) has a profitability rating of 8 / 10.
What is the expected EPS growth for GENERAL MILLS INC (GRM.DE) stock?
The Earnings per Share (EPS) of GENERAL MILLS INC (GRM.DE) is expected to decline by -12.43% in the next year.
How sustainable is the dividend of GENERAL MILLS INC (GRM.DE) stock?
The dividend rating of GENERAL MILLS INC (GRM.DE) is 7 / 10 and the dividend payout ratio is 45.62%.