GENERAL MILLS INC (GRM.DE) Fundamental Analysis & Valuation
FRA:GRM • US3703341046
Current stock price
32.29 EUR
+0.24 (+0.75%)
Last:
This GRM.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. GRM.DE Profitability Analysis
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
- The Return On Assets of GRM (6.83%) is better than 77.05% of its industry peers.
- Looking at the Return On Equity, with a value of 23.70%, GRM belongs to the top of the industry, outperforming 95.08% of the companies in the same industry.
- GRM's Return On Invested Capital of 8.93% is fine compared to the rest of the industry. GRM outperforms 77.05% 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 7.13%.
| Industry Rank | Sector 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%
1.3 Margins
- GRM has a Profit Margin of 12.05%. This is amongst the best in the industry. GRM outperforms 90.16% 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 90.16% 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 49.18% 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 | 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%
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
- Compared to 5 years ago, GRM has less shares outstanding
- GRM has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.20 indicates that GRM is not a great score, but indicates only limited risk for bankruptcy at the moment.
- GRM has a Altman-Z score (2.20) which is in line with its industry peers.
- The Debt to FCF ratio of GRM is 8.46, which is on the high side as it means it would take GRM, 8.46 years of fcf income to pay off all of its debts.
- GRM has a Debt to FCF ratio (8.46) which 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.
- GRM has a Debt to Equity ratio of 1.27. This is amonst the worse of the industry: GRM underperforms 81.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.27 | ||
| Debt/FCF | 8.46 | ||
| Altman-Z | 2.2 |
ROIC/WACC1.31
WACC6.84%
2.3 Liquidity
- A Current Ratio of 0.56 indicates that GRM may have some problems paying its short term obligations.
- GRM has a worse Current ratio (0.56) than 96.72% 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.
- GRM has a Quick ratio of 0.36. This is amonst the worse of the industry: GRM underperforms 93.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.56 | ||
| Quick Ratio | 0.36 |
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%.
- GRM shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.12% yearly.
- GRM shows a decrease in Revenue. In the last year, the revenue decreased by -6.48%.
- GRM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.03% yearly.
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
- Based on estimates for the next years, GRM will show a decrease in Earnings Per Share. The EPS will decrease by -0.70% on average per year.
- GRM is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.41% yearly.
EPS Next Y-15.94%
EPS Next 2Y-8.61%
EPS Next 3Y-4.43%
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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. GRM.DE Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 11.13, which indicates a very decent valuation of GRM.
- GRM's Price/Earnings ratio is rather cheap when compared to the industry. GRM is cheaper than 80.33% 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 26.17.
- Based on the Price/Forward Earnings ratio of 10.58, 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 75.41% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 23.05. GRM is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.13 | ||
| Fwd PE | 10.58 |
4.2 Price Multiples
- GRM's Enterprise Value to EBITDA is on the same level as the industry average.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of GRM indicates a somewhat cheap valuation: GRM is cheaper than 78.69% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.03 | ||
| EV/EBITDA | 9.79 |
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 -4.43% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)3.57
EPS Next 2Y-8.61%
EPS Next 3Y-4.43%
5. GRM.DE Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 6.69%, GRM is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 2.95, GRM pays a better dividend. On top of this GRM pays more dividend than 93.44% 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 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.69% |
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
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-8.61%
EPS Next 3Y-4.43%
GRM.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:GRM (4/2/2026, 7:00:00 PM)
32.29
+0.24 (+0.75%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)03-18 2026-03-18/bmo
Earnings (Next)06-23 2026-06-23/amc
Inst Owners88.26%
Inst Owner ChangeN/A
Ins Owners0.28%
Ins Owner ChangeN/A
Market Cap17.23B
Revenue(TTM)18.37B
Net Income(TTM)2.21B
Analysts57.14
Price Target42.65 (32.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.69% |
Yearly Dividend2.11
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)0%
PT rev (3m)-9.13%
EPS NQ rev (1m)7.07%
EPS NQ rev (3m)-5.99%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.11%
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.13 | ||
| Fwd PE | 10.58 | ||
| P/S | 1.08 | ||
| P/FCF | 12.03 | ||
| P/OCF | 8.92 | ||
| P/B | 2.13 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.79 |
EPS(TTM)2.9
EY8.98%
EPS(NY)3.05
Fwd EY9.45%
FCF(TTM)2.68
FCFY8.31%
OCF(TTM)3.62
OCFY11.21%
SpS29.87
BVpS15.19
TBVpS-21.66
PEG (NY)N/A
PEG (5Y)3.57
Graham Number31.49
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 2.2 |
F-Score5
WACC6.84%
ROIC/WACC1.31
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-15.94%
EPS Next 2Y-8.61%
EPS Next 3Y-4.43%
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 Year1.34%
EBIT Next 3Y0.83%
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%.