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

FRA:GRM • US3703341046

Current stock price

29.72 EUR
+0.37 (+1.26%)
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

  • GRM had positive earnings in the past year.
  • In the past year GRM had a positive cash flow from operations.
  • GRM had positive earnings in each of the past 5 years.
  • 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

  • With a decent Return On Assets value of 6.83%, GRM is doing good in the industry, outperforming 74.14% of the companies in the same industry.
  • GRM's Return On Equity of 23.70% is amongst the best of the industry. GRM outperforms 89.66% of its industry peers.
  • The Return On Invested Capital of GRM (8.93%) is better than 75.86% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for GRM is above the industry average of 7.16%.
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

  • With an excellent Profit Margin value of 12.05%, GRM belongs to the best of the industry, outperforming 86.21% of the companies in the same industry.
  • GRM's Profit Margin has been stable in the last couple of years.
  • GRM has a Operating Margin of 14.91%. This is amongst the best in the industry. GRM outperforms 89.66% of its industry peers.
  • In the last couple of years the Operating Margin of GRM has remained more or less at the same level.
  • Looking at the Gross Margin, with a value of 33.14%, GRM is in line with its industry, outperforming 44.83% 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 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.
  • Compared to 1 year ago, GRM has less shares outstanding
  • GRM has less shares outstanding than it did 5 years ago.
  • GRM has a worse debt/assets ratio than last year.
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 2.16 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 2.16, GRM perfoms like the industry average, outperforming 55.17% of the companies in the same industry.
  • 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.
  • GRM has a Debt to FCF ratio (8.46) which is in line with its industry peers.
  • A Debt/Equity ratio of 1.27 is on the high side and indicates that GRM has dependencies on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 1.27, GRM is doing worse than 79.31% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.27
Debt/FCF 8.46
Altman-Z 2.16
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

  • A Current Ratio of 0.56 indicates that GRM may have some problems paying its short term obligations.
  • GRM's Current ratio of 0.56 is on the low side compared to the rest of the industry. GRM is outperformed by 96.55% 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.
  • Looking at the Quick ratio, with a value of 0.36, GRM is doing worse than 93.10% of the companies in the same industry.
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%.
  • The Earnings Per Share has been growing slightly by 3.12% on average over the past years.
  • The Revenue has decreased by -6.48% in the past year.
  • 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

  • The Earnings Per Share is expected to decrease by -0.70% on average over the next years.
  • GRM is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.41% yearly.
EPS Next Y-17.73%
EPS Next 2Y-11.13%
EPS Next 3Y-6.32%
EPS Next 5Y-0.7%
Revenue Next Year-5.57%
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.
  • 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.
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 10.46, the valuation of GRM can be described as reasonable.
  • 75.86% of the companies in the same industry are more expensive than GRM, based on the Price/Earnings ratio.
  • GRM's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.38.
  • Based on the Price/Forward Earnings ratio of 10.53, the valuation of GRM can be described as reasonable.
  • Based on the Price/Forward Earnings ratio, GRM is valued a bit cheaper than the industry average as 75.86% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of GRM to the average of the S&P500 Index (38.20), we can say GRM is valued rather cheaply.
Industry RankSector Rank
PE 10.46
Fwd PE 10.53
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 is on the same level as the industry average.
  • GRM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. GRM is cheaper than 79.31% of the companies in the same industry.
Industry RankSector Rank
P/FCF 11.32
EV/EBITDA 9.36
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

  • The decent profitability rating of GRM may justify a higher PE ratio.
  • A cheap valuation may be justified as GRM's earnings are expected to decrease with -6.32% in the coming years.
PEG (NY)N/A
PEG (5Y)3.35
EPS Next 2Y-11.13%
EPS Next 3Y-6.32%

7

5. GRM.DE Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 6.64%, GRM is a good candidate for dividend investing.
  • The stock price of GRM dropped by -24.10% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
  • Compared to an average industry Dividend Yield of 2.60, GRM pays a better dividend. On top of this GRM pays more dividend than 94.83% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, GRM pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.64%

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

  • GRM pays out 59.50% of its income as dividend. 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 (4/16/2026, 3:32:01 PM)

29.72

+0.37 (+1.26%)

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 Cap15.86B
Revenue(TTM)18.37B
Net Income(TTM)2.21B
Analysts57.14
Price Target36.03 (21.23%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.64%
Yearly Dividend2.08
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)-15.52%
PT rev (3m)-23.24%
EPS NQ rev (1m)7.07%
EPS NQ rev (3m)-5.99%
EPS NY rev (1m)-2.14%
EPS NY rev (3m)-6.16%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)-2.7%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-1.05%
Valuation
Industry RankSector Rank
PE 10.46
Fwd PE 10.53
P/S 1.02
P/FCF 11.32
P/OCF 8.39
P/B 2
P/tB N/A
EV/EBITDA 9.36
EPS(TTM)2.84
EY9.56%
EPS(NY)2.82
Fwd EY9.5%
FCF(TTM)2.62
FCFY8.83%
OCF(TTM)3.54
OCFY11.91%
SpS29.22
BVpS14.86
TBVpS-21.19
PEG (NY)N/A
PEG (5Y)3.35
Graham Number30.8168 (3.69%)
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 2.16
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-5.57%
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%.