GENERAL MILLS INC (GRM.DE) Stock Fundamental Analysis
Europe - FRA:GRM - US3703341046 - Common Stock
39.975 EUR
-0.43 (-1.08%)
Taking everything into account, GRM scores 4 out of 10 in our fundamental rating. GRM was compared to 58 industry peers in the Food Products industry. While GRM belongs to the best of the industry regarding profitability, there are 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.
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.
1.2 Ratios
With an excellent Return On Assets value of 8.84%, GRM belongs to the best of the industry, outperforming 86.21% of the companies in the same industry.
Looking at the Return On Equity, with a value of 30.71%, GRM belongs to the top of the industry, outperforming 91.38% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 10.30%, GRM belongs to the top of the industry, outperforming 86.21% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for GRM is above the industry average of 7.46%.
| 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
The Profit Margin of GRM (15.24%) is better than 93.10% of its industry peers.
In the last couple of years the Profit Margin of GRM has remained more or less at the same level.
GRM has a better Operating Margin (16.84%) than 93.10% of its industry peers.
GRM's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 34.39%, GRM is in line with its industry, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Gross Margin of GRM has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), GRM is creating some value.
The number of shares outstanding for GRM has been reduced compared to 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 2.40 indicates that GRM is not a great score, but indicates only limited risk for bankruptcy at the moment.
GRM has a Altman-Z score (2.40) 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 58.62% 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 82.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 6.87 | ||
| Altman-Z | 2.4 |
ROIC/WACC1.62
WACC6.37%
2.3 Liquidity
A Current Ratio of 0.66 indicates that GRM may have some problems paying its short term obligations.
GRM has a Current ratio of 0.66. This is amonst the worse of the industry: GRM underperforms 89.66% 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 86.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
The earnings per share for GRM have decreased strongly by -11.11% in the last year.
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.
Looking at the last year, GRM shows a decrease in Revenue. The Revenue has decreased by -3.26% in the last year.
Measured over the past years, GRM shows a small growth in Revenue. The Revenue has been growing by 2.03% on average per year.
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
The Earnings Per Share is expected to grow by 0.42% on average over the next years.
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-1.09%
EPS Next 5Y0.42%
Revenue Next Year-4.69%
Revenue Next 2Y-2.59%
Revenue Next 3Y-1.11%
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
The Price/Earnings ratio is 11.49, which indicates a very decent valuation of GRM.
Based on the Price/Earnings ratio, GRM is valued a bit cheaper than 65.52% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.13. GRM is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 11.97, the valuation of GRM can be described as reasonable.
65.52% of the companies in the same industry are more expensive than GRM, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of GRM to the average of the S&P500 Index (22.35), we can say GRM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.49 | ||
| Fwd PE | 11.97 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as GRM.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GRM indicates a somewhat cheap valuation: GRM is cheaper than 77.59% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.69 | ||
| EV/EBITDA | 10.08 |
4.3 Compensation for Growth
GRM has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)3.68
EPS Next 2Y-4.52%
EPS Next 3Y-1.09%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.19%, GRM is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.52, GRM pays a better dividend. On top of this GRM pays more dividend than 86.21% of the companies listed in the same industry.
GRM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.19% |
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
GRM pays out 45.62% of its income as dividend. 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-1.09%
FRA:GRM (11/5/2025, 7:00:00 PM)
39.975
-0.43 (-1.08%)
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 Cap21.32B
Revenue(TTM)19.16B
Net Income(TTM)2.92B
Analysts65.38
Price Target48.02 (20.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.19% |
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)0.46%
PT rev (3m)-2.08%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.33%
EPS NY rev (1m)-0.09%
EPS NY rev (3m)-0.13%
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 | 11.49 | ||
| Fwd PE | 11.97 | ||
| P/S | 1.28 | ||
| P/FCF | 11.69 | ||
| P/OCF | 9.11 | ||
| P/B | 2.58 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.08 |
EPS(TTM)3.48
EY8.71%
EPS(NY)3.34
Fwd EY8.36%
FCF(TTM)3.42
FCFY8.56%
OCF(TTM)4.39
OCFY10.98%
SpS31.25
BVpS15.51
TBVpS-21.6
PEG (NY)N/A
PEG (5Y)3.68
Graham Number34.85
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 | 2.4 |
F-Score4
WACC6.37%
ROIC/WACC1.62
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-1.09%
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-1.11%
Revenue Next 5Y-0.04%
EBIT growth 1Y-9.08%
EBIT growth 3Y0.07%
EBIT growth 5Y2.04%
EBIT Next Year5.08%
EBIT Next 3Y2.73%
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%.