GENERAL MILLS INC (GRM.DE) Fundamental Analysis & Valuation

FRA:GRM • US3703341046

Current stock price

29.955 EUR
-0.04 (-0.12%)
Last:

This GRM.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. GRM.DE Profitability Analysis

1.1 Basic Checks

  • In the past year GRM was profitable.
  • GRM had a positive operating cash flow in the past year.
  • Each year in the past 5 years GRM has been profitable.
  • GRM had a positive operating cash flow in each of the past 5 years.
GRM.DE Yearly Net Income VS EBIT VS OCF VS FCFGRM.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

1.2 Ratios

  • The Return On Assets of GRM (6.83%) is better than 72.58% of its industry peers.
  • The Return On Equity of GRM (23.70%) is better than 90.32% of its industry peers.
  • GRM has a Return On Invested Capital of 8.93%. This is in the better half of the industry: GRM outperforms 77.42% of its industry peers.
  • GRM had an Average Return On Invested Capital over the past 3 years of 10.86%. This is above the industry average of 7.10%.
Industry RankSector Rank
ROA 6.83%
ROE 23.7%
ROIC 8.93%
ROA(3y)7.71%
ROA(5y)7.84%
ROE(3y)25.45%
ROE(5y)25.35%
ROIC(3y)10.86%
ROIC(5y)11.02%
GRM.DE Yearly ROA, ROE, ROICGRM.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

1.3 Margins

  • GRM has a Profit Margin of 12.05%. This is amongst the best in the industry. GRM outperforms 83.87% of its industry peers.
  • GRM's Profit Margin has been stable in the last couple of years.
  • Looking at the Operating Margin, with a value of 14.91%, GRM belongs to the top of the industry, outperforming 87.10% of the companies in the same industry.
  • In the last couple of years the Operating Margin of GRM has remained more or less at the same level.
  • With a Gross Margin value of 33.14%, GRM perfoms like the industry average, outperforming 46.77% of the companies in the same industry.
  • GRM's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 14.91%
PM (TTM) 12.05%
GM 33.14%
OM growth 3Y-0.79%
OM growth 5Y0.02%
PM growth 3Y-6.16%
PM growth 5Y-0.98%
GM growth 3Y0.86%
GM growth 5Y-0.37%
GRM.DE Yearly Profit, Operating, Gross MarginsGRM.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

2

2. GRM.DE Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), GRM is creating some value.
  • GRM has less shares outstanding than it did 1 year ago.
  • GRM has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, GRM has a worse debt to assets ratio.
GRM.DE Yearly Shares OutstandingGRM.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
GRM.DE Yearly Total Debt VS Total AssetsGRM.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.2 Solvency

  • An Altman-Z score of 2.17 indicates that GRM is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • GRM has a Altman-Z score of 2.17. This is comparable to the rest of the industry: GRM outperforms 51.61% of its industry peers.
  • GRM has a debt to FCF ratio of 8.46. This is a slightly negative value and a sign of low solvency as GRM would need 8.46 years to pay back of all of its debts.
  • The Debt to FCF ratio of GRM (8.46) is comparable to the rest of the industry.
  • GRM has a Debt/Equity ratio of 1.27. This is a high value indicating a heavy dependency on external financing.
  • With a Debt to Equity ratio value of 1.27, GRM is not doing good in the industry: 80.65% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.27
Debt/FCF 8.46
Altman-Z 2.17
ROIC/WACC1.36
WACC6.55%
GRM.DE Yearly LT Debt VS Equity VS FCFGRM.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.3 Liquidity

  • GRM has a Current Ratio of 0.56. 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 Current ratio of 0.56. This is amonst the worse of the industry: GRM underperforms 96.77% of its industry peers.
  • GRM has a Quick Ratio of 0.56. This is a bad value and indicates that GRM is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.36, GRM is not doing good in the industry: 93.55% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.56
Quick Ratio 0.36
GRM.DE Yearly Current Assets VS Current LiabilitesGRM.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

1

3. GRM.DE Growth Analysis

3.1 Past

  • GRM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.45%.
  • Measured over the past 5 years, GRM shows a small growth in Earnings Per Share. The EPS has been growing by 3.12% on average per year.
  • GRM shows a decrease in Revenue. In the last year, the revenue decreased by -6.48%.
  • The Revenue has been growing slightly by 2.03% on average over the past years.
EPS 1Y (TTM)-25.45%
EPS 3Y2.23%
EPS 5Y3.12%
EPS Q2Q%-36%
Revenue 1Y (TTM)-6.48%
Revenue growth 3Y0.86%
Revenue growth 5Y2.03%
Sales Q2Q%-8.37%

3.2 Future

  • GRM is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.70% yearly.
  • Based on estimates for the next years, GRM will show a decrease in Revenue. The Revenue will decrease by -0.41% on average per year.
EPS Next Y-17.73%
EPS Next 2Y-11.13%
EPS Next 3Y-6.32%
EPS Next 5Y-0.7%
Revenue Next Year-5.54%
Revenue Next 2Y-3.97%
Revenue Next 3Y-2.29%
Revenue Next 5Y-0.41%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
GRM.DE Yearly Revenue VS EstimatesGRM.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B
GRM.DE Yearly EPS VS EstimatesGRM.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4

6

4. GRM.DE Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 10.55, the valuation of GRM can be described as reasonable.
  • Based on the Price/Earnings ratio, GRM is valued a bit cheaper than the industry average as 77.42% of the companies are valued more expensively.
  • The average S&P500 Price/Earnings ratio is at 27.95. GRM is valued rather cheaply when compared to this.
  • GRM is valuated reasonably with a Price/Forward Earnings ratio of 10.59.
  • Based on the Price/Forward Earnings ratio, GRM is valued a bit cheaper than the industry average as 77.42% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of GRM to the average of the S&P500 Index (38.68), we can say GRM is valued rather cheaply.
Industry RankSector Rank
PE 10.55
Fwd PE 10.59
GRM.DE Price Earnings VS Forward Price EarningsGRM.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • GRM's Enterprise Value to EBITDA ratio is in line with the industry average.
  • GRM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. GRM is cheaper than 79.03% of the companies in the same industry.
Industry RankSector Rank
P/FCF 11.39
EV/EBITDA 9.47
GRM.DE Per share dataGRM.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20 -20

4.3 Compensation for Growth

  • GRM has a very decent profitability rating, which may justify a higher PE ratio.
  • GRM's earnings are expected to decrease with -6.32% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)3.38
EPS Next 2Y-11.13%
EPS Next 3Y-6.32%

7

5. GRM.DE Dividend Analysis

5.1 Amount

  • GRM has a Yearly Dividend Yield of 6.91%, which is a nice return.
  • In the last 3 months the price of GRM has falen by -20.61%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
  • Compared to an average industry Dividend Yield of 2.37, GRM pays a better dividend. On top of this GRM pays more dividend than 95.16% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.81, GRM pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.91%

5.2 History

  • The dividend of GRM has a limited annual growth rate of 4.25%.
Dividend Growth(5Y)4.25%
Div Incr Years7
Div Non Decr Years7
GRM.DE Yearly Dividends per shareGRM.DE Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2

5.3 Sustainability

  • 59.50% 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 declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP59.5%
EPS Next 2Y-11.13%
EPS Next 3Y-6.32%
GRM.DE Yearly Income VS Free CF VS DividendGRM.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B
GRM.DE Dividend Payout.GRM.DE Dividend Payout, showing the Payout Ratio.GRM.DE Dividend Payout.PayoutRetained Earnings

GRM.DE Fundamentals: All Metrics, Ratios and Statistics

GENERAL MILLS INC

FRA:GRM (4/21/2026, 5:07:13 PM)

29.955

-0.04 (-0.12%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)03-18
Earnings (Next)06-23
Inst Owners88.45%
Inst Owner ChangeN/A
Ins Owners0.28%
Ins Owner ChangeN/A
Market Cap15.99B
Revenue(TTM)18.37B
Net Income(TTM)2.21B
Analysts57.14
Price Target35.54 (18.64%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.91%
Yearly Dividend2.06
Dividend Growth(5Y)4.25%
DP59.5%
Div Incr Years7
Div Non Decr Years7
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.33%
Min EPS beat(2)-12.73%
Max EPS beat(2)6.07%
EPS beat(4)3
Avg EPS beat(4)0.23%
Min EPS beat(4)-12.73%
Max EPS beat(4)6.07%
EPS beat(8)7
Avg EPS beat(8)2.36%
EPS beat(12)10
Avg EPS beat(12)3.39%
EPS beat(16)14
Avg EPS beat(16)4.13%
Revenue beat(2)1
Avg Revenue beat(2)0.05%
Min Revenue beat(2)-0.57%
Max Revenue beat(2)0.66%
Revenue beat(4)1
Avg Revenue beat(4)-0.61%
Min Revenue beat(4)-1.66%
Max Revenue beat(4)0.66%
Revenue beat(8)2
Avg Revenue beat(8)-1.09%
Revenue beat(12)3
Avg Revenue beat(12)-1.36%
Revenue beat(16)5
Avg Revenue beat(16)-0.93%
PT rev (1m)-16.66%
PT rev (3m)-24.22%
EPS NQ rev (1m)6.75%
EPS NQ rev (3m)-6.27%
EPS NY rev (1m)-2.14%
EPS NY rev (3m)-6.16%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)-2.59%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)-1.08%
Valuation
Industry RankSector Rank
PE 10.55
Fwd PE 10.59
P/S 1.02
P/FCF 11.39
P/OCF 8.45
P/B 2.01
P/tB N/A
EV/EBITDA 9.47
EPS(TTM)2.84
EY9.48%
EPS(NY)2.83
Fwd EY9.44%
FCF(TTM)2.63
FCFY8.78%
OCF(TTM)3.55
OCFY11.84%
SpS29.27
BVpS14.89
TBVpS-21.23
PEG (NY)N/A
PEG (5Y)3.38
Graham Number30.843 (2.96%)
Profitability
Industry RankSector Rank
ROA 6.83%
ROE 23.7%
ROCE 11.55%
ROIC 8.93%
ROICexc 9.23%
ROICexgc 198.43%
OM 14.91%
PM (TTM) 12.05%
GM 33.14%
FCFM 8.98%
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)120.35%
ROICexgc(5y)166.93%
ROCE(3y)13.69%
ROCE(5y)13.98%
ROICexgc growth 3Y-15.77%
ROICexgc growth 5Y-18.86%
ROICexc growth 3Y-3.27%
ROICexc growth 5Y-1.02%
OM growth 3Y-0.79%
OM growth 5Y0.02%
PM growth 3Y-6.16%
PM growth 5Y-0.98%
GM growth 3Y0.86%
GM growth 5Y-0.37%
F-Score5
Asset Turnover0.57
Health
Industry RankSector Rank
Debt/Equity 1.27
Debt/FCF 8.46
Debt/EBITDA 3.6
Cap/Depr 104.35%
Cap/Sales 3.13%
Interest Coverage 5
Cash Conversion 67.64%
Profit Quality 74.52%
Current Ratio 0.56
Quick Ratio 0.36
Altman-Z 2.17
F-Score5
WACC6.55%
ROIC/WACC1.36
Cap/Depr(3y)127.4%
Cap/Depr(5y)114.04%
Cap/Sales(3y)3.51%
Cap/Sales(5y)3.29%
Profit Quality(3y)93.91%
Profit Quality(5y)97.6%
High Growth Momentum
Growth
EPS 1Y (TTM)-25.45%
EPS 3Y2.23%
EPS 5Y3.12%
EPS Q2Q%-36%
EPS Next Y-17.73%
EPS Next 2Y-11.13%
EPS Next 3Y-6.32%
EPS Next 5Y-0.7%
Revenue 1Y (TTM)-6.48%
Revenue growth 3Y0.86%
Revenue growth 5Y2.03%
Sales Q2Q%-8.37%
Revenue Next Year-5.54%
Revenue Next 2Y-3.97%
Revenue Next 3Y-2.29%
Revenue Next 5Y-0.41%
EBIT growth 1Y-23.93%
EBIT growth 3Y0.06%
EBIT growth 5Y2.04%
EBIT Next Year-0.42%
EBIT Next 3Y-0.62%
EBIT Next 5Y2.14%
FCF growth 1Y-30.28%
FCF growth 3Y-5.85%
FCF growth 5Y-6.54%
OCF growth 1Y-30.24%
OCF growth 3Y-4.17%
OCF growth 5Y-4.51%

GENERAL MILLS INC / GRM.DE Fundamental Analysis FAQ

What is the fundamental rating for GRM stock?

ChartMill assigns a fundamental rating of 4 / 10 to GRM.DE.


What is the valuation status for GRM stock?

ChartMill assigns a valuation rating of 6 / 10 to GENERAL MILLS INC (GRM.DE). This can be considered as Fairly Valued.


Can you provide the profitability details for GENERAL MILLS INC?

GENERAL MILLS INC (GRM.DE) has a profitability rating of 7 / 10.


Can you provide the financial health for GRM stock?

The financial health rating of GENERAL MILLS INC (GRM.DE) is 2 / 10.


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 59.5%.