INGLES MARKETS INC-CLASS A (IMKTA) Stock Fundamental Analysis
NASDAQ:IMKTA - Nasdaq - US4570301048 - Common Stock - Currency: USD
Taking everything into account, IMKTA scores 5 out of 10 in our fundamental rating. IMKTA was compared to 40 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 has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
IMKTA had positive earnings in the past year.
In the past year IMKTA had a positive cash flow from operations.
In the past 5 years IMKTA has always been profitable.
Each year in the past 5 years IMKTA had a positive operating cash flow.
1.2 Ratios
IMKTA has a Return On Assets of 4.18%. This is comparable to the rest of the industry: IMKTA outperforms 58.97% of its industry peers.
Looking at the Return On Equity, with a value of 6.83%, IMKTA is in line with its industry, outperforming 46.15% of the companies in the same industry.
IMKTA has a Return On Invested Capital (5.93%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.18% | ||
| ROE | 6.83% | ||
| ROIC | 5.93% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of IMKTA (1.87%) is better than 64.10% of its industry peers.
IMKTA's Profit Margin has been stable in the last couple of years.
With a decent Operating Margin value of 3.07%, IMKTA is doing good in the industry, outperforming 64.10% of the companies in the same industry.
In the last couple of years the Operating Margin of IMKTA has declined.
The Gross Margin of IMKTA (23.59%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of IMKTA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.07% | ||
| PM (TTM) | 1.87% | ||
| GM | 23.59% |
OM growth 3Y-23.38%
OM growth 5Y-2.75%
PM growth 3Y-27.96%
PM growth 5Y-0.74%
GM growth 3Y-3.36%
GM growth 5Y-0.61%
2. Health
2.1 Basic Checks
IMKTA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
There is no outstanding debt for IMKTA. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 4.34 indicates that IMKTA is not in any danger for bankruptcy at the moment.
IMKTA has a Altman-Z score of 4.34. This is comparable to the rest of the industry: IMKTA outperforms 58.97% of its industry peers.
The Debt to FCF ratio of IMKTA is 10.37, which is on the high side as it means it would take IMKTA, 10.37 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 10.37, IMKTA perfoms like the industry average, outperforming 41.03% of the companies in the same industry.
A Debt/Equity ratio of 0.33 indicates that IMKTA is not too dependend on debt financing.
The Debt to Equity ratio of IMKTA (0.33) is better than 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 10.37 | ||
| Altman-Z | 4.34 |
ROIC/WACC0.7
WACC8.49%
2.3 Liquidity
A Current Ratio of 2.89 indicates that IMKTA has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.89, IMKTA belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
A Quick Ratio of 1.45 indicates that IMKTA should not have too much problems paying its short term obligations.
The Quick ratio of IMKTA (1.45) is better than 87.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.89 | ||
| Quick Ratio | 1.45 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.80% over the past year.
The Earnings Per Share has been growing by 40.11% on average over the past years. This is a very strong growth
The Revenue has grown by 13.85% in the past year. This is quite good.
Measured over the past years, IMKTA shows a small growth in Revenue. The Revenue has been growing by 7.25% on average per year.
EPS 1Y (TTM)12.8%
EPS 3Y52.74%
EPS 5Y40.11%
EPS Q2Q%-61.84%
Revenue 1Y (TTM)13.85%
Revenue growth 3Y10.56%
Revenue growth 5Y7.25%
Sales Q2Q%-13.03%
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
IMKTA is valuated cheaply with a Price/Earnings ratio of 4.46.
Based on the Price/Earnings ratio, IMKTA is valued cheaply inside the industry as 97.44% of the companies are valued more expensively.
IMKTA is valuated cheaply when we compare the Price/Earnings ratio to 29.63, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.46 | ||
| Fwd PE | N/A |
4.2 Price Multiples
IMKTA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. IMKTA is cheaper than 92.31% of the companies in the same industry.
66.67% of the companies in the same industry are more expensive than IMKTA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.54 | ||
| EV/EBITDA | 4.77 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.11
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
IMKTA has a Yearly Dividend Yield of 1.02%.
IMKTA's Dividend Yield is a higher than the industry average which is at 2.53.
Compared to an average S&P500 Dividend Yield of 2.29, IMKTA's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.02% |
5.2 History
The dividend of IMKTA has a limited annual growth rate of 0.16%.
IMKTA has been paying a dividend for at least 10 years, so it has 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)0.16%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
IMKTA pays out 11.62% of its income as dividend. This is a sustainable payout ratio.
IMKTA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP11.62%
EPS Next 2YN/A
EPS Next 3YN/A
64.03
-0.38 (-0.59%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners90.19%
Inst Owner Change3.14%
Ins Owners0.08%
Ins Owner Change0%
Market Cap1.22B
Analysts84.44
Price TargetN/A
Short Float %5.31%
Short Ratio6.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.02% |
Yearly Dividend0.65
Dividend Growth(5Y)0.16%
DP11.62%
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 | 4.46 | ||
| Fwd PE | N/A | ||
| P/S | 0.22 | ||
| P/FCF | 23.54 | ||
| P/OCF | 4.63 | ||
| P/B | 0.79 | ||
| P/tB | 0.79 | ||
| EV/EBITDA | 4.77 |
EPS(TTM)14.35
EY22.41%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)2.72
FCFY4.25%
OCF(TTM)13.82
OCFY21.59%
SpS296.98
BVpS81.4
TBVpS81.4
PEG (NY)N/A
PEG (5Y)0.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.18% | ||
| ROE | 6.83% | ||
| ROCE | 7.83% | ||
| ROIC | 5.93% | ||
| ROICexc | 7.06% | ||
| ROICexgc | 7.06% | ||
| OM | 3.07% | ||
| PM (TTM) | 1.87% | ||
| GM | 23.59% | ||
| FCFM | 0.92% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-23.38%
OM growth 5Y-2.75%
PM growth 3Y-27.96%
PM growth 5Y-0.74%
GM growth 3Y-3.36%
GM growth 5Y-0.61%
F-Score5
Asset Turnover2.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 10.37 | ||
| Debt/EBITDA | 1.76 | ||
| Cap/Depr | 173.37% | ||
| Cap/Sales | 3.74% | ||
| Interest Coverage | 7.87 | ||
| Cash Conversion | 89.12% | ||
| Profit Quality | 48.95% | ||
| Current Ratio | 2.89 | ||
| Quick Ratio | 1.45 | ||
| Altman-Z | 4.34 |
F-Score5
WACC8.49%
ROIC/WACC0.7
Cap/Depr(3y)141.52%
Cap/Depr(5y)130.05%
Cap/Sales(3y)2.93%
Cap/Sales(5y)2.85%
Profit Quality(3y)57.86%
Profit Quality(5y)73.44%
High Growth Momentum
Growth
EPS 1Y (TTM)12.8%
EPS 3Y52.74%
EPS 5Y40.11%
EPS Q2Q%-61.84%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)13.85%
Revenue growth 3Y10.56%
Revenue growth 5Y7.25%
Sales Q2Q%-13.03%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-40.27%
EBIT growth 3Y-20.18%
EBIT growth 5Y3.15%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-44.34%
FCF growth 3Y-32.19%
FCF growth 5Y0.78%
OCF growth 1Y-1.46%
OCF growth 3Y-5.01%
OCF growth 5Y4.42%