GENERAL MILLS INC (GRM.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:GRM - US3703341046 - Common Stock
37.69 EUR
+0.24 (+0.65%)
Taking everything into account, GRM scores 4 out of 10 in our fundamental rating. GRM was compared to 60 industry peers in the Food Products industry. While GRM has a great profitability rating, there are quite some concerns on its financial health. GRM has a valuation in line with the averages, but it does not seem to be growing. GRM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year GRM was profitable.
GRM had a positive operating cash flow in the past year.
GRM had positive earnings in each of the past 5 years.
Each year in the past 5 years GRM had a positive operating cash flow.
1.2 Ratios
GRM has a Return On Assets of 7.79%. This is amongst the best in the industry. GRM outperforms 83.33% of its industry peers.
With an excellent Return On Equity value of 27.23%, GRM belongs to the best of the industry, outperforming 91.67% of the companies in the same industry.
With an excellent Return On Invested Capital value of 9.65%, GRM belongs to the best of the industry, outperforming 85.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for GRM is above the industry average of 6.36%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.79% | ||
| ROE | 27.23% | ||
| ROIC | 9.65% |
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 13.51%, GRM belongs to the best of the industry, outperforming 93.33% 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.
GRM has a Operating Margin of 15.95%. This is amongst the best in the industry. GRM outperforms 90.00% 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 33.83%, GRM is in line with its industry, outperforming 48.33% 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 | 15.95% | ||
| PM (TTM) | 13.51% | ||
| GM | 33.83% |
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%
2. Health
2.1 Basic Checks
GRM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for GRM has been reduced compared to 1 year ago.
Compared to 5 years ago, GRM has less shares outstanding
Compared to 1 year ago, GRM has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.36 indicates that GRM is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.36, GRM perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
GRM has a debt to FCF ratio of 7.70. This is a slightly negative value and a sign of low solvency as GRM would need 7.70 years to pay back of all of its debts.
The Debt to FCF ratio of GRM (7.70) is comparable to the rest of the industry.
GRM has a Debt/Equity ratio of 1.31. This is a high value indicating a heavy dependency on external financing.
GRM's Debt to Equity ratio of 1.31 is on the low side compared to the rest of the industry. GRM is outperformed by 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.31 | ||
| Debt/FCF | 7.7 | ||
| Altman-Z | 2.36 |
ROIC/WACC1.51
WACC6.41%
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 Current ratio of 0.66. This is amonst the worse of the industry: GRM underperforms 88.33% of its industry peers.
A Quick Ratio of 0.39 indicates that GRM may have some problems paying its short term obligations.
With a Quick ratio value of 0.39, GRM is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.39 |
3. Growth
3.1 Past
The earnings per share for GRM have decreased strongly by -20.43% in the last year.
The Earnings Per Share has been growing slightly by 3.12% on average over the past years.
Looking at the last year, GRM shows a decrease in Revenue. The Revenue has decreased by -5.65% 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)-20.43%
EPS 3Y2.23%
EPS 5Y3.12%
EPS Q2Q%-21.43%
Revenue 1Y (TTM)-5.65%
Revenue growth 3Y0.86%
Revenue growth 5Y2.03%
Sales Q2Q%-7.24%
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-12.33%
EPS Next 2Y-5.16%
EPS Next 3Y-1.49%
EPS Next 5Y0.42%
Revenue Next Year-4.57%
Revenue Next 2Y-2.59%
Revenue Next 3Y-1.09%
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.
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
GRM is valuated reasonably with a Price/Earnings ratio of 11.89.
GRM's Price/Earnings ratio is a bit cheaper when compared to the industry. GRM is cheaper than 75.00% of the companies in the same industry.
GRM's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.19.
GRM is valuated reasonably with a Price/Forward Earnings ratio of 11.62.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GRM indicates a somewhat cheap valuation: GRM is cheaper than 70.00% of the companies listed in the same industry.
GRM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.89 | ||
| Fwd PE | 11.62 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GRM is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, GRM is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.17 | ||
| EV/EBITDA | 10.27 |
4.3 Compensation for Growth
The excellent profitability rating of GRM may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)3.81
EPS Next 2Y-5.16%
EPS Next 3Y-1.49%
5. Dividend
5.1 Amount
GRM has a Yearly Dividend Yield of 5.56%, which is a nice return.
GRM's Dividend Yield is rather good when compared to the industry average which is at 2.29. GRM pays more dividend than 91.67% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.90, GRM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.56% |
5.2 History
The dividend of GRM has a limited annual growth rate of 4.25%.
Dividend Growth(5Y)4.25%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
52.10% 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.
DP52.1%
EPS Next 2Y-5.16%
EPS Next 3Y-1.49%
FRA:GRM (1/9/2026, 7:00:00 PM)
37.69
+0.24 (+0.65%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners86.24%
Inst Owner ChangeN/A
Ins Owners0.28%
Ins Owner ChangeN/A
Market Cap20.10B
Revenue(TTM)18.78B
Net Income(TTM)2.54B
Analysts68
Price Target46.93 (24.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.56% |
Yearly Dividend2.09
Dividend Growth(5Y)4.25%
DP52.1%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.3%
Min EPS beat(2)4.53%
Max EPS beat(2)6.07%
EPS beat(4)4
Avg EPS beat(4)4.25%
Min EPS beat(4)3.07%
Max EPS beat(4)6.07%
EPS beat(8)8
Avg EPS beat(8)5.3%
EPS beat(12)11
Avg EPS beat(12)4.76%
EPS beat(16)15
Avg EPS beat(16)5.33%
Revenue beat(2)1
Avg Revenue beat(2)-0.12%
Min Revenue beat(2)-0.89%
Max Revenue beat(2)0.66%
Revenue beat(4)1
Avg Revenue beat(4)-1.31%
Min Revenue beat(4)-3.37%
Max Revenue beat(4)0.66%
Revenue beat(8)3
Avg Revenue beat(8)-0.82%
Revenue beat(12)4
Avg Revenue beat(12)-1.14%
Revenue beat(16)5
Avg Revenue beat(16)-0.97%
PT rev (1m)-1.41%
PT rev (3m)-0.59%
EPS NQ rev (1m)-8.06%
EPS NQ rev (3m)-8.19%
EPS NY rev (1m)0.11%
EPS NY rev (3m)0.02%
Revenue NQ rev (1m)-0.65%
Revenue NQ rev (3m)-0.7%
Revenue NY rev (1m)0.15%
Revenue NY rev (3m)0.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.89 | ||
| Fwd PE | 11.62 | ||
| P/S | 1.25 | ||
| P/FCF | 13.17 | ||
| P/OCF | 9.95 | ||
| P/B | 2.52 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.27 |
EPS(TTM)3.17
EY8.41%
EPS(NY)3.24
Fwd EY8.61%
FCF(TTM)2.86
FCFY7.59%
OCF(TTM)3.79
OCFY10.05%
SpS30.15
BVpS14.96
TBVpS-21.37
PEG (NY)N/A
PEG (5Y)3.81
Graham Number32.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.79% | ||
| ROE | 27.23% | ||
| ROCE | 12.06% | ||
| ROIC | 9.65% | ||
| ROICexc | 9.92% | ||
| ROICexgc | 155.16% | ||
| OM | 15.95% | ||
| PM (TTM) | 13.51% | ||
| GM | 33.83% | ||
| FCFM | 9.49% |
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-Score3
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.31 | ||
| Debt/FCF | 7.7 | ||
| Debt/EBITDA | 3.44 | ||
| Cap/Depr | 105.6% | ||
| Cap/Sales | 3.07% | ||
| Interest Coverage | 4.96 | ||
| Cash Conversion | 66.63% | ||
| Profit Quality | 70.27% | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.39 | ||
| Altman-Z | 2.36 |
F-Score3
WACC6.41%
ROIC/WACC1.51
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)-20.43%
EPS 3Y2.23%
EPS 5Y3.12%
EPS Q2Q%-21.43%
EPS Next Y-12.33%
EPS Next 2Y-5.16%
EPS Next 3Y-1.49%
EPS Next 5Y0.42%
Revenue 1Y (TTM)-5.65%
Revenue growth 3Y0.86%
Revenue growth 5Y2.03%
Sales Q2Q%-7.24%
Revenue Next Year-4.57%
Revenue Next 2Y-2.59%
Revenue Next 3Y-1.09%
Revenue Next 5Y-0.04%
EBIT growth 1Y-18.94%
EBIT growth 3Y0.06%
EBIT growth 5Y2.04%
EBIT Next Year5.14%
EBIT Next 3Y2.64%
EBIT Next 5Y2.69%
FCF growth 1Y-23.06%
FCF growth 3Y-5.85%
FCF growth 5Y-6.54%
OCF growth 1Y-23.23%
OCF growth 3Y-4.17%
OCF growth 5Y-4.51%
GENERAL MILLS INC / GRM.DE 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.
What is the profitability of GRM stock?
GENERAL MILLS INC (GRM.DE) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for GRM stock?
The Price/Earnings (PE) ratio for GENERAL MILLS INC (GRM.DE) is 11.89 and the Price/Book (PB) ratio is 2.52.
What is the earnings growth outlook for GENERAL MILLS INC?
The Earnings per Share (EPS) of GENERAL MILLS INC (GRM.DE) is expected to decline by -12.33% in the next year.