INGREDION INC (INGR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:INGR - US4571871023 - Common Stock
116.545 USD
+0.59 (+0.5%)
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. INGR gets an excellent profitability rating and is at the same time showing great financial health properties. INGR has a bad growth rate and is valued cheaply. These ratings would make INGR suitable 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.
- In the past 5 years INGR has always been profitable.
- Each year in the past 5 years INGR had a positive operating cash flow.
1.2 Ratios
- With an excellent Return On Assets value of 8.41%, INGR belongs to the best of the industry, outperforming 90.80% of the companies in the same industry.
- INGR's Return On Equity of 15.55% is amongst the best of the industry. INGR outperforms 88.51% of its industry peers.
- With an excellent Return On Invested Capital value of 11.85%, INGR belongs to the best of the industry, outperforming 90.80% 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 27.80%.
- The last Return On Invested Capital (11.85%) for INGR is above the 3 year average (10.82%), which is a sign of increasing profitability.
| 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 86.21% 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 89.66% of the companies in the same industry.
- 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 62.07% 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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so INGR is still creating some value.
- The number of shares outstanding for INGR has been reduced compared to 1 year ago.
- Compared to 5 years ago, INGR has less shares outstanding
- The debt/assets ratio for INGR has been reduced compared to a year ago.
2.2 Solvency
- INGR has an Altman-Z score of 3.93. This indicates that INGR is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of INGR (3.93) is better than 80.46% 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.
- With an excellent Debt to FCF ratio value of 3.29, INGR belongs to the best of the industry, outperforming 81.61% of the companies in the same industry.
- INGR has a Debt/Equity ratio of 0.42. This is a healthy value indicating a solid balance between debt and equity.
- INGR's Debt to Equity ratio of 0.42 is in line compared to the rest of the industry. INGR outperforms 50.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 3.29 | ||
| Altman-Z | 3.93 |
ROIC/WACC1.62
WACC7.31%
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 79.31% of its industry peers.
- A Quick Ratio of 1.79 indicates that INGR should not have too much problems paying its short term obligations.
- INGR has a better Quick ratio (1.79) than 82.76% of its industry peers.
| 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.
- The Earnings Per Share has been growing by 9.90% on average over the past years. This is quite good.
- 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 1.29% yearly.
- INGR is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.37% yearly.
EPS Next Y7.34%
EPS Next 2Y4.57%
EPS Next 3Y4.47%
EPS Next 5Y1.29%
Revenue Next Year-3.3%
Revenue Next 2Y-1.07%
Revenue Next 3Y-0.21%
Revenue Next 5Y-0.37%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- INGR is valuated reasonably with a Price/Earnings ratio of 10.39.
- Based on the Price/Earnings ratio, INGR is valued cheaply inside the industry as 83.91% of the companies are valued more expensively.
- INGR is valuated cheaply when we compare the Price/Earnings ratio to 27.33, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 10.03, which indicates a very decent valuation of INGR.
- Based on the Price/Forward Earnings ratio, INGR is valued cheaply inside the industry as 88.51% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.12, INGR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.39 | ||
| Fwd PE | 10.03 |
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 82.76% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of INGR indicates a somewhat cheap valuation: INGR is cheaper than 74.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.56 | ||
| EV/EBITDA | 6.4 |
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)1.41
PEG (5Y)1.05
EPS Next 2Y4.57%
EPS Next 3Y4.47%
5. Dividend
5.1 Amount
- INGR has a Yearly Dividend Yield of 2.90%. Purely for dividend investing, there may be better candidates out there.
- INGR's Dividend Yield is a higher than the industry average which is at 2.42.
- Compared to an average S&P500 Dividend Yield of 1.91, INGR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.9% |
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.
- INGR has decreased its dividend 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 (1/15/2026, 12:14:45 PM)
116.545
+0.59 (+0.5%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)11-04 2025-11-04/bmo
Earnings (Next)02-02 2026-02-02/amc
Inst Owners96.37%
Inst Owner Change-0.16%
Ins Owners0.83%
Ins Owner Change0.5%
Market Cap7.40B
Revenue(TTM)7.26B
Net Income(TTM)659.00M
Analysts75.38
Price Target126.56 (8.59%)
Short Float %3.09%
Short Ratio2.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.9% |
Yearly Dividend3.24
Dividend Growth(5Y)4.4%
DP32.02%
Div Incr Years1
Div Non Decr Years1
Ex-Date01-02 2026-01-02 (0.82)
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)-0.68%
PT rev (3m)-16.1%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.52%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.94%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.11%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)-2.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.39 | ||
| Fwd PE | 10.03 | ||
| P/S | 1.02 | ||
| P/FCF | 13.56 | ||
| P/OCF | 7.59 | ||
| P/B | 1.75 | ||
| P/tB | 2.5 | ||
| EV/EBITDA | 6.4 |
EPS(TTM)11.22
EY9.63%
EPS(NY)11.62
Fwd EY9.97%
FCF(TTM)8.59
FCFY7.37%
OCF(TTM)15.35
OCFY13.17%
SpS114.31
BVpS66.71
TBVpS46.67
PEG (NY)1.41
PEG (5Y)1.05
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 | 3.93 |
F-Score7
WACC7.31%
ROIC/WACC1.62
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-3.3%
Revenue Next 2Y-1.07%
Revenue Next 3Y-0.21%
Revenue Next 5Y-0.37%
EBIT growth 1Y10.19%
EBIT growth 3Y13.16%
EBIT growth 5Y6.97%
EBIT Next Year23.63%
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.
Can you provide the valuation status for INGREDION INC?
ChartMill assigns a valuation rating of 7 / 10 to INGREDION INC (INGR). This can be considered as Undervalued.
Can you provide the profitability details for INGREDION INC?
INGREDION INC (INGR) has a profitability rating of 9 / 10.
What is the expected EPS growth for INGREDION INC (INGR) stock?
The Earnings per Share (EPS) of INGREDION INC (INGR) is expected to grow by 7.34% in the next year.
How sustainable is the dividend of INGREDION INC (INGR) stock?
The dividend rating of INGREDION INC (INGR) is 5 / 10 and the dividend payout ratio is 32.02%.