UNITED NATURAL FOODS INC (UNFI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:UNFI - US9111631035 - Common Stock
35 USD
+0.16 (+0.46%)
35 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to UNFI. UNFI was compared to 39 industry peers in the Consumer Staples Distribution & Retail industry. Both the profitability and financial health of UNFI have multiple concerns. UNFI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
UNFI had positive earnings in the past year.
UNFI had a positive operating cash flow in the past year.
In multiple years UNFI reported negative net income over the last 5 years.
In the past 5 years UNFI always reported a positive cash flow from operatings.
1.2 Ratios
UNFI has a Return On Assets of -1.55%. This is in the lower half of the industry: UNFI underperforms 74.36% of its industry peers.
With a Return On Equity value of -7.61%, UNFI is not doing good in the industry: 71.79% of the companies in the same industry are doing better.
With a Return On Invested Capital value of 2.40%, UNFI is not doing good in the industry: 64.10% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for UNFI is significantly below the industry average of 8.70%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.55% | ||
| ROE | -7.61% | ||
| ROIC | 2.4% |
ROA(3y)-0.91%
ROA(5y)0.5%
ROE(3y)-4.35%
ROE(5y)2.13%
ROIC(3y)2.42%
ROIC(5y)3.62%
1.3 Margins
The Operating Margin of UNFI (0.48%) is worse than 69.23% of its industry peers.
In the last couple of years the Operating Margin of UNFI has declined.
With a Gross Margin value of 13.28%, UNFI is not doing good in the industry: 79.49% of the companies in the same industry are doing better.
UNFI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.48% | ||
| PM (TTM) | N/A | ||
| GM | 13.28% |
OM growth 3Y-27.09%
OM growth 5Y-17.78%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.78%
GM growth 5Y-1.93%
2. Health
2.1 Basic Checks
UNFI 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, UNFI has more shares outstanding
UNFI has more shares outstanding than it did 5 years ago.
UNFI has a better debt/assets ratio than last year.
2.2 Solvency
UNFI has an Altman-Z score of 4.78. This indicates that UNFI is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.78, UNFI is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
UNFI has a debt to FCF ratio of 7.86. This is a slightly negative value and a sign of low solvency as UNFI would need 7.86 years to pay back of all of its debts.
The Debt to FCF ratio of UNFI (7.86) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.21 is on the high side and indicates that UNFI has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.21, UNFI is doing worse than 74.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 7.86 | ||
| Altman-Z | 4.78 |
ROIC/WACC0.3
WACC7.89%
2.3 Liquidity
UNFI has a Current Ratio of 1.32. This is a normal value and indicates that UNFI is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.32, UNFI is in the better half of the industry, outperforming 71.79% of the companies in the same industry.
A Quick Ratio of 0.51 indicates that UNFI may have some problems paying its short term obligations.
The Quick ratio of UNFI (0.51) is worse than 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
UNFI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 407.14%, which is quite impressive.
The earnings per share for UNFI have been decreasing by -24.53% on average. This is quite bad
The Revenue has been growing slightly by 2.60% in the past year.
Measured over the past years, UNFI shows a small growth in Revenue. The Revenue has been growing by 3.66% on average per year.
EPS 1Y (TTM)407.14%
EPS 3Y-45.84%
EPS 5Y-24.53%
EPS Q2Q%-1200%
Revenue 1Y (TTM)2.6%
Revenue growth 3Y3.19%
Revenue growth 5Y3.66%
Sales Q2Q%-5.63%
3.2 Future
The Earnings Per Share is expected to grow by 32.85% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 2.22% on average over the next years.
EPS Next Y191.02%
EPS Next 2Y93.93%
EPS Next 3Y64.99%
EPS Next 5Y32.85%
Revenue Next Year0.71%
Revenue Next 2Y1.32%
Revenue Next 3Y1.58%
Revenue Next 5Y2.22%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
A Price/Earnings ratio of 49.30 indicates a quite expensive valuation of UNFI.
69.23% of the companies in the same industry are cheaper than UNFI, based on the Price/Earnings ratio.
UNFI is valuated expensively when we compare the Price/Earnings ratio to 25.45, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 16.94, the valuation of UNFI can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of UNFI is on the same level as its industry peers.
UNFI is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.46, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.3 | ||
| Fwd PE | 16.94 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UNFI is valued a bit cheaper than 71.79% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, UNFI is valued cheaply inside the industry as 82.05% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.88 | ||
| EV/EBITDA | 8.37 |
4.3 Compensation for Growth
UNFI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
UNFI's earnings are expected to grow with 64.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y93.93%
EPS Next 3Y64.99%
5. Dividend
5.1 Amount
No dividends for UNFI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35
+0.16 (+0.46%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners99.41%
Inst Owner Change-1.29%
Ins Owners1.74%
Ins Owner Change2.2%
Market Cap2.12B
Revenue(TTM)31.78B
Net Income(TTM)-118.00M
Analysts73.75
Price Target41.57 (18.77%)
Short Float %6.18%
Short Ratio3.42
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)2
Avg EPS beat(2)72.07%
Min EPS beat(2)42.23%
Max EPS beat(2)101.92%
EPS beat(4)4
Avg EPS beat(4)282.96%
Min EPS beat(4)16.24%
Max EPS beat(4)971.46%
EPS beat(8)8
Avg EPS beat(8)263.87%
EPS beat(12)9
Avg EPS beat(12)170.98%
EPS beat(16)11
Avg EPS beat(16)132.95%
Revenue beat(2)1
Avg Revenue beat(2)0.15%
Min Revenue beat(2)-1.22%
Max Revenue beat(2)1.51%
Revenue beat(4)3
Avg Revenue beat(4)0.55%
Min Revenue beat(4)-1.22%
Max Revenue beat(4)1.51%
Revenue beat(8)4
Avg Revenue beat(8)-0.66%
Revenue beat(12)4
Avg Revenue beat(12)-1.04%
Revenue beat(16)7
Avg Revenue beat(16)-0.8%
PT rev (1m)35.27%
PT rev (3m)41.74%
EPS NQ rev (1m)0%
EPS NQ rev (3m)58.71%
EPS NY rev (1m)0%
EPS NY rev (3m)41.55%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.07%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.3 | ||
| Fwd PE | 16.94 | ||
| P/S | 0.07 | ||
| P/FCF | 8.88 | ||
| P/OCF | 4.52 | ||
| P/B | 1.37 | ||
| P/tB | 2.22 | ||
| EV/EBITDA | 8.37 |
EPS(TTM)0.71
EY2.03%
EPS(NY)2.07
Fwd EY5.9%
FCF(TTM)3.94
FCFY11.26%
OCF(TTM)7.75
OCFY22.14%
SpS524.06
BVpS25.57
TBVpS15.76
PEG (NY)0.26
PEG (5Y)N/A
Graham Number20.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.55% | ||
| ROE | -7.61% | ||
| ROCE | 3.04% | ||
| ROIC | 2.4% | ||
| ROICexc | 2.43% | ||
| ROICexgc | 2.76% | ||
| OM | 0.48% | ||
| PM (TTM) | N/A | ||
| GM | 13.28% | ||
| FCFM | 0.75% |
ROA(3y)-0.91%
ROA(5y)0.5%
ROE(3y)-4.35%
ROE(5y)2.13%
ROIC(3y)2.42%
ROIC(5y)3.62%
ROICexc(3y)2.44%
ROICexc(5y)3.65%
ROICexgc(3y)2.81%
ROICexgc(5y)4.33%
ROCE(3y)3.06%
ROCE(5y)4.58%
ROICexgc growth 3Y-24.92%
ROICexgc growth 5Y-15.46%
ROICexc growth 3Y-23.68%
ROICexc growth 5Y-14.02%
OM growth 3Y-27.09%
OM growth 5Y-17.78%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.78%
GM growth 5Y-1.93%
F-Score4
Asset Turnover4.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 7.86 | ||
| Debt/EBITDA | 3.95 | ||
| Cap/Depr | 71.96% | ||
| Cap/Sales | 0.73% | ||
| Interest Coverage | 1.03 | ||
| Cash Conversion | 99.37% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.51 | ||
| Altman-Z | 4.78 |
F-Score4
WACC7.89%
ROIC/WACC0.3
Cap/Depr(3y)95.45%
Cap/Depr(5y)96.64%
Cap/Sales(3y)0.97%
Cap/Sales(5y)0.99%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)407.14%
EPS 3Y-45.84%
EPS 5Y-24.53%
EPS Q2Q%-1200%
EPS Next Y191.02%
EPS Next 2Y93.93%
EPS Next 3Y64.99%
EPS Next 5Y32.85%
Revenue 1Y (TTM)2.6%
Revenue growth 3Y3.19%
Revenue growth 5Y3.66%
Sales Q2Q%-5.63%
Revenue Next Year0.71%
Revenue Next 2Y1.32%
Revenue Next 3Y1.58%
Revenue Next 5Y2.22%
EBIT growth 1Y-0.65%
EBIT growth 3Y-24.77%
EBIT growth 5Y-14.77%
EBIT Next Year252.84%
EBIT Next 3Y63.42%
EBIT Next 5Y35.95%
FCF growth 1Y359.78%
FCF growth 3Y44.02%
FCF growth 5Y-3.38%
OCF growth 1Y85.77%
OCF growth 3Y12.4%
OCF growth 5Y0.58%
UNITED NATURAL FOODS INC / UNFI FAQ
What is the fundamental rating for UNFI stock?
ChartMill assigns a fundamental rating of 3 / 10 to UNFI.
Can you provide the valuation status for UNITED NATURAL FOODS INC?
ChartMill assigns a valuation rating of 5 / 10 to UNITED NATURAL FOODS INC (UNFI). This can be considered as Fairly Valued.
Can you provide the profitability details for UNITED NATURAL FOODS INC?
UNITED NATURAL FOODS INC (UNFI) has a profitability rating of 2 / 10.
What is the financial health of UNITED NATURAL FOODS INC (UNFI) stock?
The financial health rating of UNITED NATURAL FOODS INC (UNFI) is 3 / 10.