INGREDION INC (INGR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:INGR - US4571871023 - Common Stock
106.66 USD
+0.17 (+0.16%)
We assign a fundamental rating of 7 out of 10 to INGR. INGR was compared to 86 industry peers in the Food Products industry. INGR has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. INGR is valued quite cheap, but it does not seem to be growing. These ratings could make INGR a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year INGR was profitable.
In the past year INGR had a positive cash flow from operations.
Each year in the past 5 years INGR has been profitable.
INGR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 8.41%, INGR belongs to the top of the industry, outperforming 89.53% of the companies in the same industry.
INGR's Return On Equity of 15.55% is amongst the best of the industry. INGR outperforms 88.37% of its industry peers.
With an excellent Return On Invested Capital value of 11.85%, INGR belongs to the best of the industry, outperforming 89.53% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for INGR is significantly below the industry average of 28.77%.
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 84.88% of its industry peers.
INGR's Profit Margin has improved in the last couple of years.
The Operating Margin of INGR (14.60%) is better than 86.05% of its industry peers.
In the last couple of years the Operating Margin of INGR has grown nicely.
Looking at the Gross Margin, with a value of 25.43%, INGR is in the better half of the industry, outperforming 61.63% of the companies in the same industry.
In the last couple of years the Gross Margin of INGR has grown nicely.
| 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.
Compared to 1 year ago, INGR has less shares outstanding
INGR has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, INGR has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.83 indicates that INGR is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.83, INGR belongs to the top of the industry, outperforming 81.40% of the companies in the same industry.
INGR has a debt to FCF ratio of 3.29. This is a good value and a sign of high solvency as INGR would need 3.29 years to pay back of all of its debts.
INGR has a better Debt to FCF ratio (3.29) than 83.72% of its industry peers.
INGR has a Debt/Equity ratio of 0.42. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of INGR (0.42) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 3.29 | ||
| Altman-Z | 3.83 |
ROIC/WACC1.65
WACC7.17%
2.3 Liquidity
A Current Ratio of 2.75 indicates that INGR has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.75, INGR is doing good in the industry, outperforming 79.07% of the companies in the same industry.
A Quick Ratio of 1.79 indicates that INGR should not have too much problems paying its short term obligations.
With an excellent Quick ratio value of 1.79, INGR belongs to the best of the industry, outperforming 81.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.75 | ||
| Quick Ratio | 1.79 |
3. Growth
3.1 Past
INGR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.54%, which is quite good.
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
Based on estimates for the next years, INGR will show a small growth in Earnings Per Share. The EPS will grow by 1.29% on average per year.
Based on estimates for the next years, INGR will show a decrease in Revenue. The Revenue will decrease by -0.37% on average per year.
EPS Next Y7.34%
EPS Next 2Y4.57%
EPS Next 3Y4.47%
EPS Next 5Y1.29%
Revenue Next Year-3.32%
Revenue Next 2Y-1.07%
Revenue Next 3Y-0.18%
Revenue Next 5Y-0.37%
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
With a Price/Earnings ratio of 9.51, the valuation of INGR can be described as very reasonable.
88.37% of the companies in the same industry are more expensive than INGR, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of INGR to the average of the S&P500 Index (26.34), we can say INGR is valued rather cheaply.
The Price/Forward Earnings ratio is 9.18, which indicates a very decent valuation of INGR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of INGR indicates a rather cheap valuation: INGR is cheaper than 91.86% of the companies listed in the same industry.
INGR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.56.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.51 | ||
| Fwd PE | 9.18 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of INGR indicates a rather cheap valuation: INGR is cheaper than 84.88% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, INGR is valued a bit cheaper than the industry average as 79.07% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.41 | ||
| EV/EBITDA | 5.93 |
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)1.29
PEG (5Y)0.96
EPS Next 2Y4.57%
EPS Next 3Y4.47%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.03%, INGR has a reasonable but not impressive dividend return.
INGR's Dividend Yield is a higher than the industry average which is at 5.10.
Compared to an average S&P500 Dividend Yield of 2.31, INGR pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.03% |
5.2 History
The dividend of INGR has a limited annual growth rate of 4.40%.
INGR has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of INGR decreased recently.
Dividend Growth(5Y)4.4%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
32.02% of the earnings are spent on dividend by INGR. This is a low number and sustainable payout ratio.
INGR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP32.02%
EPS Next 2Y4.57%
EPS Next 3Y4.47%
NYSE:INGR (12/9/2025, 11:09:33 AM)
106.66
+0.17 (+0.16%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners96.47%
Inst Owner Change1.11%
Ins Owners0.83%
Ins Owner Change0.3%
Market Cap6.78B
Revenue(TTM)7.26B
Net Income(TTM)659.00M
Analysts75.38
Price Target127.42 (19.46%)
Short Float %2.54%
Short Ratio2.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.03% |
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)-11.88%
PT rev (3m)-15.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.52%
EPS NY rev (1m)-1.57%
EPS NY rev (3m)-1.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.51%
Revenue NY rev (1m)-2.46%
Revenue NY rev (3m)-2.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.51 | ||
| Fwd PE | 9.18 | ||
| P/S | 0.93 | ||
| P/FCF | 12.41 | ||
| P/OCF | 6.95 | ||
| P/B | 1.6 | ||
| P/tB | 2.29 | ||
| EV/EBITDA | 5.93 |
EPS(TTM)11.22
EY10.52%
EPS(NY)11.62
Fwd EY10.9%
FCF(TTM)8.59
FCFY8.06%
OCF(TTM)15.35
OCFY14.39%
SpS114.31
BVpS66.71
TBVpS46.67
PEG (NY)1.29
PEG (5Y)0.96
Graham Number129.77
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 | 3.83 |
F-Score7
WACC7.17%
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 Y7.34%
EPS Next 2Y4.57%
EPS Next 3Y4.47%
EPS Next 5Y1.29%
Revenue 1Y (TTM)-3.83%
Revenue growth 3Y2.53%
Revenue growth 5Y3.66%
Sales Q2Q%-2.89%
Revenue Next Year-3.32%
Revenue Next 2Y-1.07%
Revenue Next 3Y-0.18%
Revenue Next 5Y-0.37%
EBIT growth 1Y10.19%
EBIT growth 3Y13.16%
EBIT growth 5Y6.97%
EBIT Next Year23.54%
EBIT Next 3Y9.29%
EBIT Next 5Y3.58%
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 9.51 and the Price/Book (PB) ratio is 1.6.
What is the financial health of INGREDION INC (INGR) stock?
The financial health rating of INGREDION INC (INGR) is 8 / 10.