INGLES MARKETS INC-CLASS A (IMKTA) Stock Fundamental Analysis
USA - NASDAQ:IMKTA - US4570301048 - Common Stock
73 USD
-0.31 (-0.42%)
73 USD
0 (0%)
IMKTA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 39 industry peers in the Consumer Staples Distribution & Retail industry. Both the profitability and the financial health of IMKTA get a neutral evaluation. Nothing too spectacular is happening here. IMKTA does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
IMKTA had positive earnings in the past year.
IMKTA had a positive operating cash flow in the past year.
IMKTA had positive earnings in each of the past 5 years.
In the past 5 years IMKTA always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of IMKTA (2.22%) is comparable to the rest of the industry.
IMKTA's Return On Equity of 3.54% is in line compared to the rest of the industry. IMKTA outperforms 41.03% of its industry peers.
IMKTA has a Return On Invested Capital (3.80%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for IMKTA is in line with the industry average of 8.72%.
The last Return On Invested Capital (3.80%) for IMKTA is well below the 3 year average (10.21%), which needs to be investigated, but indicates that IMKTA had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 3.54% | ||
| ROIC | 3.8% |
ROA(3y)8.19%
ROA(5y)9.27%
ROE(3y)14.31%
ROE(5y)18.03%
ROIC(3y)10.21%
ROIC(5y)11.79%
1.3 Margins
Looking at the Profit Margin, with a value of 1.05%, IMKTA is in line with its industry, outperforming 46.15% of the companies in the same industry.
In the last couple of years the Profit Margin of IMKTA has remained more or less at the same level.
The Operating Margin of IMKTA (2.10%) is comparable to the rest of the industry.
IMKTA's Operating Margin has declined in the last couple of years.
IMKTA's Gross Margin of 23.67% is in line compared to the rest of the industry. IMKTA outperforms 46.15% of its industry peers.
IMKTA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.1% | ||
| PM (TTM) | 1.05% | ||
| GM | 23.67% |
OM growth 3Y-23.38%
OM growth 5Y-2.75%
PM growth 3Y-27.97%
PM growth 5Y-0.73%
GM growth 3Y-3.36%
GM growth 5Y-0.61%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), IMKTA is creating some value.
Compared to 1 year ago, IMKTA has about the same amount of shares outstanding.
Compared to 5 years ago, IMKTA has less shares outstanding
Compared to 1 year ago, IMKTA has an improved debt to assets ratio.
2.2 Solvency
IMKTA has an Altman-Z score of 4.30. This indicates that IMKTA is financially healthy and has little risk of bankruptcy at the moment.
IMKTA has a Altman-Z score (4.30) which is in line with its industry peers.
The Debt to FCF ratio of IMKTA is 63.12, which is on the high side as it means it would take IMKTA, 63.12 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 63.12, IMKTA is not doing good in the industry: 74.36% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.32 indicates that IMKTA is not too dependend on debt financing.
IMKTA has a Debt to Equity ratio of 0.32. This is in the better half of the industry: IMKTA outperforms 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 63.12 | ||
| Altman-Z | 4.3 |
ROIC/WACC0.53
WACC7.16%
2.3 Liquidity
IMKTA has a Current Ratio of 3.14. This indicates that IMKTA is financially healthy and has no problem in meeting its short term obligations.
IMKTA has a Current ratio of 3.14. This is amongst the best in the industry. IMKTA outperforms 94.87% of its industry peers.
A Quick Ratio of 1.53 indicates that IMKTA should not have too much problems paying its short term obligations.
IMKTA has a better Quick ratio (1.53) than 89.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.14 | ||
| Quick Ratio | 1.53 |
3. Growth
3.1 Past
The earnings per share for IMKTA have decreased strongly by -64.71% in the last year.
The Earnings Per Share has been growing slightly by 6.65% on average over the past years.
Looking at the last year, IMKTA shows a decrease in Revenue. The Revenue has decreased by -7.96% in the last year.
IMKTA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.06% yearly.
EPS 1Y (TTM)-64.71%
EPS 3Y-24.13%
EPS 5Y6.65%
EPS Q2Q%-17.37%
Revenue 1Y (TTM)-7.96%
Revenue growth 3Y4.18%
Revenue growth 5Y6.06%
Sales Q2Q%-3.4%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 24.66 indicates a rather expensive valuation of IMKTA.
Compared to the rest of the industry, the Price/Earnings ratio of IMKTA is on the same level as its industry peers.
When comparing the Price/Earnings ratio of IMKTA to the average of the S&P500 Index (26.35), we can say IMKTA is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.66 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IMKTA is valued cheaply inside the industry as 82.05% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IMKTA indicates a slightly more expensive valuation: IMKTA is more expensive than 74.36% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 168.08 | ||
| EV/EBITDA | 6.57 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)3.71
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
IMKTA has a yearly dividend return of 0.90%, which is pretty low.
Compared to an average industry Dividend Yield of 2.02, IMKTA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.36, IMKTA's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.9% |
5.2 History
The dividend of IMKTA has a limited annual growth rate of 0.12%.
IMKTA has paid a dividend for at least 10 years, which is a reliable track record.
IMKTA has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.12%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
21.75% of the earnings are spent on dividend by IMKTA. This is a low number and sustainable payout ratio.
IMKTA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP21.75%
EPS Next 2YN/A
EPS Next 3YN/A
73
-0.31 (-0.42%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners91.64%
Inst Owner Change-0.55%
Ins Owners0.08%
Ins Owner Change0%
Market Cap1.39B
Revenue(TTM)5.36B
Net Income(TTM)56.42M
Analysts84.44
Price TargetN/A
Short Float %6.04%
Short Ratio8.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.9% |
Yearly Dividend0.65
Dividend Growth(5Y)0.12%
DP21.75%
Div Incr Years0
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.66 | ||
| Fwd PE | N/A | ||
| P/S | 0.26 | ||
| P/FCF | 168.08 | ||
| P/OCF | 8.28 | ||
| P/B | 0.87 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | 6.57 |
EPS(TTM)2.96
EY4.05%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.43
FCFY0.59%
OCF(TTM)8.82
OCFY12.08%
SpS282.42
BVpS83.93
TBVpS83.93
PEG (NY)N/A
PEG (5Y)3.71
Graham Number74.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.22% | ||
| ROE | 3.54% | ||
| ROCE | 5.02% | ||
| ROIC | 3.8% | ||
| ROICexc | 4.47% | ||
| ROICexgc | 4.47% | ||
| OM | 2.1% | ||
| PM (TTM) | 1.05% | ||
| GM | 23.67% | ||
| FCFM | 0.15% |
ROA(3y)8.19%
ROA(5y)9.27%
ROE(3y)14.31%
ROE(5y)18.03%
ROIC(3y)10.21%
ROIC(5y)11.79%
ROICexc(3y)11.97%
ROICexc(5y)12.99%
ROICexgc(3y)11.97%
ROICexgc(5y)12.99%
ROCE(3y)13.5%
ROCE(5y)15.58%
ROICexgc growth 3Y-23.42%
ROICexgc growth 5Y-0.13%
ROICexc growth 3Y-23.42%
ROICexc growth 5Y-0.13%
OM growth 3Y-23.38%
OM growth 5Y-2.75%
PM growth 3Y-27.97%
PM growth 5Y-0.73%
GM growth 3Y-3.36%
GM growth 5Y-0.61%
F-Score6
Asset Turnover2.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 63.12 | ||
| Debt/EBITDA | 2.1 | ||
| Cap/Depr | 126.05% | ||
| Cap/Sales | 2.97% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 70.04% | ||
| Profit Quality | 14.62% | ||
| Current Ratio | 3.14 | ||
| Quick Ratio | 1.53 | ||
| Altman-Z | 4.3 |
F-Score6
WACC7.16%
ROIC/WACC0.53
Cap/Depr(3y)141.53%
Cap/Depr(5y)130.04%
Cap/Sales(3y)2.93%
Cap/Sales(5y)2.85%
Profit Quality(3y)57.87%
Profit Quality(5y)73.45%
High Growth Momentum
Growth
EPS 1Y (TTM)-64.71%
EPS 3Y-24.13%
EPS 5Y6.65%
EPS Q2Q%-17.37%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.96%
Revenue growth 3Y4.18%
Revenue growth 5Y6.06%
Sales Q2Q%-3.4%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-46.27%
EBIT growth 3Y-20.18%
EBIT growth 5Y3.14%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-88.44%
FCF growth 3Y-32.19%
FCF growth 5Y0.76%
OCF growth 1Y-34.3%
OCF growth 3Y-5.01%
OCF growth 5Y4.42%
INGLES MARKETS INC-CLASS A / IMKTA FAQ
What is the fundamental rating for IMKTA stock?
ChartMill assigns a fundamental rating of 4 / 10 to IMKTA.
What is the valuation status of INGLES MARKETS INC-CLASS A (IMKTA) stock?
ChartMill assigns a valuation rating of 1 / 10 to INGLES MARKETS INC-CLASS A (IMKTA). This can be considered as Overvalued.
How profitable is INGLES MARKETS INC-CLASS A (IMKTA) stock?
INGLES MARKETS INC-CLASS A (IMKTA) has a profitability rating of 5 / 10.
How sustainable is the dividend of INGLES MARKETS INC-CLASS A (IMKTA) stock?
The dividend rating of INGLES MARKETS INC-CLASS A (IMKTA) is 6 / 10 and the dividend payout ratio is 21.75%.