INGREDION INC (INGR) Stock Fundamental Analysis
USA - NYSE:INGR - US4571871023 - Common Stock
107.4 USD
+0.4 (+0.37%)
Taking everything into account, INGR scores 7 out of 10 in our fundamental rating. INGR was compared to 87 industry peers in the Food Products industry. Both the health and profitability get an excellent rating, making INGR a very profitable company, without any liquidiy or solvency issues. INGR is cheap, but on the other hand it scores bad on growth. With these ratings, INGR could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
INGR had positive earnings in the past year.
INGR had a positive operating cash flow in the past year.
In the past 5 years INGR has always been profitable.
In the past 5 years INGR always reported a positive cash flow from operatings.
1.2 Ratios
INGR has a better Return On Assets (8.41%) than 89.66% of its industry peers.
Looking at the Return On Equity, with a value of 15.55%, INGR belongs to the top of the industry, outperforming 88.51% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 11.85%, INGR belongs to the top of the industry, outperforming 89.66% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for INGR is significantly below the industry average of 28.37%.
The 3 year average ROIC (10.82%) for INGR is below the current ROIC(11.85%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.41% | ||
| ROE | 15.55% | ||
| ROIC | 11.85% |
ROA(3y)7.87%
ROA(5y)6.07%
ROE(3y)16.94%
ROE(5y)13.28%
ROIC(3y)10.82%
ROIC(5y)9.98%
1.3 Margins
INGR's Profit Margin of 9.07% is amongst the best of the industry. INGR outperforms 85.06% of its industry peers.
In the last couple of years the Profit Margin of INGR has grown nicely.
Looking at the Operating Margin, with a value of 14.60%, INGR belongs to the top of the industry, outperforming 85.06% of the companies in the same industry.
In the last couple of years the Operating Margin of INGR has grown nicely.
INGR's Gross Margin of 25.43% is fine compared to the rest of the industry. INGR outperforms 63.22% of its industry peers.
INGR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.6% | ||
| PM (TTM) | 9.07% | ||
| GM | 25.43% |
OM growth 3Y10.37%
OM growth 5Y3.2%
PM growth 3Y72.48%
PM growth 5Y5.54%
GM growth 3Y7.68%
GM growth 5Y2.67%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), INGR is creating some value.
The number of shares outstanding for INGR has been reduced compared to 1 year ago.
INGR has less shares outstanding than it did 5 years ago.
The debt/assets ratio for INGR has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.85 indicates that INGR is not in any danger for bankruptcy at the moment.
INGR's Altman-Z score of 3.85 is amongst the best of the industry. INGR outperforms 83.91% of its industry peers.
The Debt to FCF ratio of INGR is 3.29, which is a good value as it means it would take INGR, 3.29 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of INGR (3.29) is better than 80.46% of its industry peers.
A Debt/Equity ratio of 0.42 indicates that INGR is not too dependend on debt financing.
INGR has a Debt to Equity ratio (0.42) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 3.29 | ||
| Altman-Z | 3.85 |
ROIC/WACC1.65
WACC7.19%
2.3 Liquidity
A Current Ratio of 2.75 indicates that INGR has no problem at all paying its short term obligations.
INGR has a better Current ratio (2.75) than 78.16% of its industry peers.
INGR has a Quick Ratio of 1.79. This is a normal value and indicates that INGR is financially healthy and should not expect problems in meeting its short term obligations.
With an excellent Quick ratio value of 1.79, INGR belongs to the best of the industry, outperforming 80.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.75 | ||
| Quick Ratio | 1.79 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.54% over the past year.
INGR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.90% yearly.
INGR shows a decrease in Revenue. In the last year, the revenue decreased by -3.83%.
INGR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.66% yearly.
EPS 1Y (TTM)12.54%
EPS 3Y16.87%
EPS 5Y9.9%
EPS Q2Q%-9.84%
Revenue 1Y (TTM)-3.83%
Revenue growth 3Y2.53%
Revenue growth 5Y3.66%
Sales Q2Q%-2.89%
3.2 Future
INGR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.42% yearly.
Based on estimates for the next years, INGR will show a small growth in Revenue. The Revenue will grow by 1.01% on average per year.
EPS Next Y9.05%
EPS Next 2Y6.02%
EPS Next 3Y6.06%
EPS Next 5Y3.42%
Revenue Next Year-0.89%
Revenue Next 2Y0.84%
Revenue Next 3Y1.39%
Revenue Next 5Y1.01%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
INGR is valuated reasonably with a Price/Earnings ratio of 9.57.
Compared to the rest of the industry, the Price/Earnings ratio of INGR indicates a rather cheap valuation: INGR is cheaper than 87.36% of the companies listed in the same industry.
INGR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.56.
Based on the Price/Forward Earnings ratio of 8.99, the valuation of INGR can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of INGR indicates a rather cheap valuation: INGR is cheaper than 93.10% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.62, INGR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.57 | ||
| Fwd PE | 8.99 |
4.2 Price Multiples
82.76% of the companies in the same industry are more expensive than INGR, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, INGR is valued a bit cheaper than 79.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.62 | ||
| EV/EBITDA | 6.01 |
4.3 Compensation for Growth
INGR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of INGR may justify a higher PE ratio.
PEG (NY)1.06
PEG (5Y)0.97
EPS Next 2Y6.02%
EPS Next 3Y6.06%
5. Dividend
5.1 Amount
INGR has a Yearly Dividend Yield of 3.05%.
Compared to an average industry Dividend Yield of 5.17, INGR pays a bit more dividend than its industry peers.
INGR's Dividend Yield is a higher than the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
5.2 History
The dividend of INGR has a limited annual growth rate of 4.40%.
INGR has been paying a dividend for at least 10 years, so it has a reliable track record.
INGR has decreased its dividend recently.
Dividend Growth(5Y)4.4%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
INGR pays out 32.02% of its income as dividend. This is a sustainable payout ratio.
INGR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP32.02%
EPS Next 2Y6.02%
EPS Next 3Y6.06%
NYSE:INGR (11/18/2025, 11:08:08 AM)
107.4
+0.4 (+0.37%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners93.91%
Inst Owner Change1.05%
Ins Owners0.82%
Ins Owner Change0.65%
Market Cap6.89B
Revenue(TTM)7.26B
Net Income(TTM)659.00M
Analysts76.92
Price Target144.59 (34.63%)
Short Float %2.86%
Short Ratio2.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
Yearly Dividend3.24
Dividend Growth(5Y)4.4%
DP32.02%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.85%
Min EPS beat(2)-6.61%
Max EPS beat(2)0.92%
EPS beat(4)3
Avg EPS beat(4)3.86%
Min EPS beat(4)-6.61%
Max EPS beat(4)20.64%
EPS beat(8)6
Avg EPS beat(8)5.84%
EPS beat(12)9
Avg EPS beat(12)9.16%
EPS beat(16)12
Avg EPS beat(16)6.9%
Revenue beat(2)0
Avg Revenue beat(2)-5.63%
Min Revenue beat(2)-6.39%
Max Revenue beat(2)-4.88%
Revenue beat(4)0
Avg Revenue beat(4)-5.1%
Min Revenue beat(4)-6.39%
Max Revenue beat(4)-3.31%
Revenue beat(8)0
Avg Revenue beat(8)-6.33%
Revenue beat(12)0
Avg Revenue beat(12)-6.03%
Revenue beat(16)2
Avg Revenue beat(16)-4.12%
PT rev (1m)-4.15%
PT rev (3m)-4.15%
EPS NQ rev (1m)-1.67%
EPS NQ rev (3m)-1.15%
EPS NY rev (1m)-0.38%
EPS NY rev (3m)0.58%
Revenue NQ rev (1m)-5.01%
Revenue NQ rev (3m)-4.51%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-1.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.57 | ||
| Fwd PE | 8.99 | ||
| P/S | 0.95 | ||
| P/FCF | 12.62 | ||
| P/OCF | 7.07 | ||
| P/B | 1.63 | ||
| P/tB | 2.32 | ||
| EV/EBITDA | 6.01 |
EPS(TTM)11.22
EY10.45%
EPS(NY)11.95
Fwd EY11.13%
FCF(TTM)8.51
FCFY7.92%
OCF(TTM)15.19
OCFY14.14%
SpS113.15
BVpS66.03
TBVpS46.2
PEG (NY)1.06
PEG (5Y)0.97
Graham Number129.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.41% | ||
| ROE | 15.55% | ||
| ROCE | 16.17% | ||
| ROIC | 11.85% | ||
| ROICexc | 13.77% | ||
| ROICexgc | 17.74% | ||
| OM | 14.6% | ||
| PM (TTM) | 9.07% | ||
| GM | 25.43% | ||
| FCFM | 7.52% |
ROA(3y)7.87%
ROA(5y)6.07%
ROE(3y)16.94%
ROE(5y)13.28%
ROIC(3y)10.82%
ROIC(5y)9.98%
ROICexc(3y)11.98%
ROICexc(5y)11%
ROICexgc(3y)15.53%
ROICexgc(5y)14.43%
ROCE(3y)15.46%
ROCE(5y)14.31%
ROICexgc growth 3Y14.86%
ROICexgc growth 5Y5.37%
ROICexc growth 3Y15.04%
ROICexc growth 5Y5.66%
OM growth 3Y10.37%
OM growth 5Y3.2%
PM growth 3Y72.48%
PM growth 5Y5.54%
GM growth 3Y7.68%
GM growth 5Y2.67%
F-Score7
Asset Turnover0.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 3.29 | ||
| Debt/EBITDA | 1.41 | ||
| Cap/Depr | 195.89% | ||
| Cap/Sales | 5.91% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.23% | ||
| Profit Quality | 82.85% | ||
| Current Ratio | 2.75 | ||
| Quick Ratio | 1.79 | ||
| Altman-Z | 3.85 |
F-Score7
WACC7.19%
ROIC/WACC1.65
Cap/Depr(3y)141.49%
Cap/Depr(5y)144.09%
Cap/Sales(3y)3.9%
Cap/Sales(5y)4.35%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.54%
EPS 3Y16.87%
EPS 5Y9.9%
EPS Q2Q%-9.84%
EPS Next Y9.05%
EPS Next 2Y6.02%
EPS Next 3Y6.06%
EPS Next 5Y3.42%
Revenue 1Y (TTM)-3.83%
Revenue growth 3Y2.53%
Revenue growth 5Y3.66%
Sales Q2Q%-2.89%
Revenue Next Year-0.89%
Revenue Next 2Y0.84%
Revenue Next 3Y1.39%
Revenue Next 5Y1.01%
EBIT growth 1Y10.19%
EBIT growth 3Y13.16%
EBIT growth 5Y6.97%
EBIT Next Year26.71%
EBIT Next 3Y10.25%
EBIT Next 5Y4.96%
FCF growth 1Y40.36%
FCF growth 3Y131.07%
FCF growth 5Y26.38%
OCF growth 1Y35.6%
OCF growth 3Y54.15%
OCF growth 5Y16.13%
INGREDION INC / INGR FAQ
Can you provide the ChartMill fundamental rating for INGREDION INC?
ChartMill assigns a fundamental rating of 7 / 10 to INGR.
What is the valuation status of INGREDION INC (INGR) stock?
ChartMill assigns a valuation rating of 8 / 10 to INGREDION INC (INGR). This can be considered as Undervalued.
What is the profitability of INGR stock?
INGREDION INC (INGR) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for INGR stock?
The Price/Earnings (PE) ratio for INGREDION INC (INGR) is 9.57 and the Price/Book (PB) ratio is 1.63.
What is the financial health of INGREDION INC (INGR) stock?
The financial health rating of INGREDION INC (INGR) is 8 / 10.