PERFORMANCE FOOD GROUP CO (PFGC) Stock Fundamental Analysis
NYSE:PFGC - New York Stock Exchange, Inc. - US71377A1034 - Common Stock
We assign a fundamental rating of 4 out of 10 to PFGC. PFGC was compared to 41 industry peers in the Consumer Staples Distribution & Retail industry. Both the profitability and the financial health of PFGC get a neutral evaluation. Nothing too spectacular is happening here. PFGC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year PFGC was profitable.
PFGC had a positive operating cash flow in the past year.
Of the past 5 years PFGC 4 years were profitable.
In the past 5 years PFGC always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.94%, PFGC is in line with its industry, outperforming 50.00% of the companies in the same industry.
PFGC's Return On Equity of 10.06% is in line compared to the rest of the industry. PFGC outperforms 57.50% of its industry peers.
With a Return On Invested Capital value of 5.69%, PFGC perfoms like the industry average, outperforming 47.50% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PFGC is below the industry average of 8.38%.
The last Return On Invested Capital (5.69%) for PFGC is above the 3 year average (5.08%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.94% | ||
| ROE | 10.06% | ||
| ROIC | 5.69% |
ROA(3y)2.45%
ROA(5y)1.28%
ROE(3y)8.19%
ROE(5y)4.17%
ROIC(3y)5.08%
ROIC(5y)N/A
1.3 Margins
PFGC's Profit Margin of 0.72% is in line compared to the rest of the industry. PFGC outperforms 42.50% of its industry peers.
PFGC's Profit Margin has declined in the last couple of years.
PFGC has a Operating Margin of 1.40%. This is in the lower half of the industry: PFGC underperforms 60.00% of its industry peers.
PFGC's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 11.37%, PFGC is doing worse than 87.50% of the companies in the same industry.
In the last couple of years the Gross Margin of PFGC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.4% | ||
| PM (TTM) | 0.72% | ||
| GM | 11.37% |
OM growth 3Y21.55%
OM growth 5Y-0.22%
PM growth 3Y77%
PM growth 5Y-2.43%
GM growth 3Y-1.25%
GM growth 5Y-2.38%
2. Health
2.1 Basic Checks
PFGC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, PFGC has less shares outstanding
Compared to 5 years ago, PFGC has more shares outstanding
The debt/assets ratio for PFGC has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.45 indicates that PFGC is not in any danger for bankruptcy at the moment.
PFGC's Altman-Z score of 5.45 is fine compared to the rest of the industry. PFGC outperforms 77.50% of its industry peers.
The Debt to FCF ratio of PFGC is 7.04, which is on the high side as it means it would take PFGC, 7.04 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 7.04, PFGC perfoms like the industry average, outperforming 52.50% of the companies in the same industry.
PFGC has a Debt/Equity ratio of 1.12. This is a high value indicating a heavy dependency on external financing.
PFGC's Debt to Equity ratio of 1.12 is on the low side compared to the rest of the industry. PFGC is outperformed by 72.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 7.04 | ||
| Altman-Z | 5.45 |
ROIC/WACC0.7
WACC8.16%
2.3 Liquidity
A Current Ratio of 1.70 indicates that PFGC should not have too much problems paying its short term obligations.
PFGC has a better Current ratio (1.70) than 80.00% of its industry peers.
PFGC has a Quick Ratio of 1.70. This is a bad value and indicates that PFGC is not financially healthy enough and could expect problems in meeting its short term obligations.
PFGC has a Quick ratio (0.73) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.7 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.11% over the past year.
PFGC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.37% yearly.
The Revenue has been growing slightly by 2.23% in the past year.
The Revenue has been growing by 24.17% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)9.11%
EPS 3Y47.13%
EPS 5Y18.37%
EPS Q2Q%0.87%
Revenue 1Y (TTM)2.23%
Revenue growth 3Y24.23%
Revenue growth 5Y24.17%
Sales Q2Q%3.19%
3.2 Future
PFGC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.83% yearly.
Based on estimates for the next years, PFGC will show a small growth in Revenue. The Revenue will grow by 2.94% on average per year.
EPS Next Y14.41%
EPS Next 2Y15.64%
EPS Next 3Y15%
EPS Next 5Y10.83%
Revenue Next Year7.9%
Revenue Next 2Y6.54%
Revenue Next 3Y5.78%
Revenue Next 5Y2.94%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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
The Price/Earnings ratio is 20.64, which indicates a rather expensive current valuation of PFGC.
The rest of the industry has a similar Price/Earnings ratio as PFGC.
When comparing the Price/Earnings ratio of PFGC to the average of the S&P500 Index (28.29), we can say PFGC is valued slightly cheaper.
The Price/Forward Earnings ratio is 15.47, which indicates a correct valuation of PFGC.
67.50% of the companies in the same industry are more expensive than PFGC, based on the Price/Forward Earnings ratio.
PFGC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.44, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.64 | ||
| Fwd PE | 15.47 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PFGC is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, PFGC is valued a bit cheaper than 72.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.07 | ||
| EV/EBITDA | 13.31 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PFGC's earnings are expected to grow with 15.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.43
PEG (5Y)1.12
EPS Next 2Y15.64%
EPS Next 3Y15%
5. Dividend
5.1 Amount
No dividends for PFGC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PERFORMANCE FOOD GROUP CO
NYSE:PFGC (1/22/2025, 2:30:01 PM)
88.95
-0.17 (-0.19%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners97.61%
Inst Owner Change0.35%
Ins Owners2.06%
Ins Owner Change0.66%
Market Cap13.86B
Analysts78.1
Price Target98.94 (11.23%)
Short Float %1.58%
Short Ratio2.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.28%
Min EPS beat(2)-6.48%
Max EPS beat(2)3.93%
EPS beat(4)1
Avg EPS beat(4)-3.39%
Min EPS beat(4)-7.08%
Max EPS beat(4)3.93%
EPS beat(8)4
Avg EPS beat(8)1.24%
EPS beat(12)7
Avg EPS beat(12)4.49%
EPS beat(16)10
Avg EPS beat(16)3.15%
Revenue beat(2)0
Avg Revenue beat(2)-1.86%
Min Revenue beat(2)-2.45%
Max Revenue beat(2)-1.28%
Revenue beat(4)0
Avg Revenue beat(4)-2.41%
Min Revenue beat(4)-4.24%
Max Revenue beat(4)-1.28%
Revenue beat(8)0
Avg Revenue beat(8)-2.48%
Revenue beat(12)1
Avg Revenue beat(12)-2.12%
Revenue beat(16)4
Avg Revenue beat(16)-1.15%
PT rev (1m)1.04%
PT rev (3m)13.63%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.67%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.17%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)4.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.64 | ||
| Fwd PE | 15.47 | ||
| P/S | 0.24 | ||
| P/FCF | 20.07 | ||
| P/OCF | 12.27 | ||
| P/B | 3.29 | ||
| P/tB | 52.16 | ||
| EV/EBITDA | 13.31 |
EPS(TTM)4.31
EY4.85%
EPS(NY)5.75
Fwd EY6.46%
FCF(TTM)4.43
FCFY4.98%
OCF(TTM)7.25
OCFY8.15%
SpS377.11
BVpS27.01
TBVpS1.71
PEG (NY)1.43
PEG (5Y)1.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.94% | ||
| ROE | 10.06% | ||
| ROCE | 7.8% | ||
| ROIC | 5.69% | ||
| ROICexc | 5.72% | ||
| ROICexgc | 9.13% | ||
| OM | 1.4% | ||
| PM (TTM) | 0.72% | ||
| GM | 11.37% | ||
| FCFM | 1.18% |
ROA(3y)2.45%
ROA(5y)1.28%
ROE(3y)8.19%
ROE(5y)4.17%
ROIC(3y)5.08%
ROIC(5y)N/A
ROICexc(3y)5.09%
ROICexc(5y)N/A
ROICexgc(3y)8.07%
ROICexgc(5y)N/A
ROCE(3y)6.96%
ROCE(5y)N/A
ROICexcg growth 3Y20.42%
ROICexcg growth 5Y-1.47%
ROICexc growth 3Y23.88%
ROICexc growth 5Y-2.24%
OM growth 3Y21.55%
OM growth 5Y-0.22%
PM growth 3Y77%
PM growth 5Y-2.43%
GM growth 3Y-1.25%
GM growth 5Y-2.38%
F-Score5
Asset Turnover4.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.12 | ||
| Debt/FCF | 7.04 | ||
| Debt/EBITDA | 3.34 | ||
| Cap/Depr | 75.63% | ||
| Cap/Sales | 0.75% | ||
| Interest Coverage | 3.24 | ||
| Cash Conversion | 80.34% | ||
| Profit Quality | 163.16% | ||
| Current Ratio | 1.7 | ||
| Quick Ratio | 0.73 | ||
| Altman-Z | 5.45 |
F-Score5
WACC8.16%
ROIC/WACC0.7
Cap/Depr(3y)57.31%
Cap/Depr(5y)56.96%
Cap/Sales(3y)0.52%
Cap/Sales(5y)0.56%
Profit Quality(3y)123.9%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.11%
EPS 3Y47.13%
EPS 5Y18.37%
EPS Q2Q%0.87%
EPS Next Y14.41%
EPS Next 2Y15.64%
EPS Next 3Y15%
EPS Next 5Y10.83%
Revenue 1Y (TTM)2.23%
Revenue growth 3Y24.23%
Revenue growth 5Y24.17%
Sales Q2Q%3.19%
Revenue Next Year7.9%
Revenue Next 2Y6.54%
Revenue Next 3Y5.78%
Revenue Next 5Y2.94%
EBIT growth 1Y4.36%
EBIT growth 3Y51.01%
EBIT growth 5Y23.9%
EBIT Next Year62.83%
EBIT Next 3Y24.92%
EBIT Next 5Y19.64%
FCF growth 1Y109.62%
FCF growth 3YN/A
FCF growth 5Y33.9%
OCF growth 1Y101.46%
OCF growth 3Y162.09%
OCF growth 5Y29.66%