GENERAL MILLS INC (GRM.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:GRM - US3703341046 - Common Stock
40.99 EUR
+0.19 (+0.47%)
Taking everything into account, GRM scores 4 out of 10 in our fundamental rating. GRM was compared to 59 industry peers in the Food Products industry. GRM has an excellent profitability rating, but there are concerns on its financial health. GRM has a valuation in line with the averages, but it does not seem to be growing. Finally GRM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
GRM had positive earnings in the past year.
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.
1.2 Ratios
GRM has a better Return On Assets (8.84%) than 84.75% of its industry peers.
GRM has a better Return On Equity (30.71%) than 89.83% 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 7.13%.
| 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 91.53% of its industry peers.
GRM's Profit Margin has been stable in the last couple of years.
GRM's Operating Margin of 16.84% is amongst the best of the industry. GRM outperforms 91.53% of its industry peers.
GRM's Operating Margin has been stable in the last couple of years.
With a Gross Margin value of 34.39%, GRM perfoms like the industry average, outperforming 49.15% of the companies in the same industry.
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
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
The debt/assets ratio for GRM is higher compared to a year ago.
2.2 Solvency
GRM has an Altman-Z score of 2.41. This is not the best score and indicates that GRM is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of GRM (2.41) 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.
GRM has a Debt to FCF ratio (6.87) which is in line with its industry peers.
A Debt/Equity ratio of 1.29 is on the high side and indicates that GRM has dependencies on debt financing.
GRM has a Debt to Equity ratio of 1.29. This is in the lower half of the industry: GRM underperforms 79.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 6.87 | ||
| Altman-Z | 2.41 |
ROIC/WACC1.62
WACC6.34%
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's Current ratio of 0.66 is on the low side compared to the rest of the industry. GRM is outperformed by 89.83% of its industry peers.
GRM has a Quick 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's Quick ratio of 0.40 is on the low side compared to the rest of the industry. GRM is outperformed by 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.
The Revenue has been growing slightly by 2.03% on average over the past years.
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.
The Revenue is expected to decrease by -0.04% on average over the next years.
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
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.85, which indicates a very decent valuation of GRM.
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.
When comparing the Price/Earnings ratio of GRM to the average of the S&P500 Index (26.15), we can say GRM is valued rather cheaply.
GRM is valuated correctly with a Price/Forward Earnings ratio of 12.36.
Based on the Price/Forward Earnings ratio, GRM is valued a bit cheaper than the industry average as 62.71% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.12, GRM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.85 | ||
| Fwd PE | 12.36 |
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 76.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.07 | ||
| EV/EBITDA | 10.26 |
4.3 Compensation for Growth
GRM has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)3.79
EPS Next 2Y-4.52%
EPS Next 3Y-1.3%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.10%, GRM is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.35, GRM pays a better dividend. On top of this GRM pays more dividend than 88.14% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, GRM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.1% |
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.
The dividend of GRM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP45.62%
EPS Next 2Y-4.52%
EPS Next 3Y-1.3%
FRA:GRM (11/27/2025, 7:00:00 PM)
40.99
+0.19 (+0.47%)
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 Cap21.86B
Revenue(TTM)19.16B
Net Income(TTM)2.92B
Analysts65.38
Price Target47.61 (16.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.1% |
Yearly Dividend2.11
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%
EPS NQ rev (3m)-6.28%
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 | 11.85 | ||
| Fwd PE | 12.36 | ||
| P/S | 1.32 | ||
| P/FCF | 12.07 | ||
| P/OCF | 9.41 | ||
| P/B | 2.66 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.26 |
EPS(TTM)3.46
EY8.44%
EPS(NY)3.32
Fwd EY8.09%
FCF(TTM)3.39
FCFY8.28%
OCF(TTM)4.36
OCFY10.63%
SpS31.02
BVpS15.39
TBVpS-21.44
PEG (NY)N/A
PEG (5Y)3.79
Graham Number34.62
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
WACC6.34%
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-1.3%
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 3Y2.66%
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%.