UNITED NATURAL FOODS INC (UNFI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:UNFI - US9111631035 - Common Stock
33.51 USD
-0.21 (-0.62%)
33.8 USD
+0.29 (+0.87%)
Taking everything into account, UNFI scores 3 out of 10 in our fundamental rating. UNFI was compared to 38 industry peers in the Consumer Staples Distribution & Retail industry. UNFI may be in some trouble as it scores bad on both profitability and health. UNFI has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year UNFI was profitable.
In the past year UNFI had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: UNFI reported negative net income in multiple years.
UNFI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
UNFI has a Return On Assets of -1.34%. This is in the lower half of the industry: UNFI underperforms 71.05% of its industry peers.
With a Return On Equity value of -6.53%, UNFI is not doing good in the industry: 71.05% of the companies in the same industry are doing better.
UNFI has a worse Return On Invested Capital (2.90%) than 63.16% of its industry peers.
UNFI had an Average Return On Invested Capital over the past 3 years of 2.42%. This is significantly below the industry average of 28.32%.
The last Return On Invested Capital (2.90%) for UNFI is above the 3 year average (2.42%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.34% | ||
| ROE | -6.53% | ||
| ROIC | 2.9% |
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
UNFI's Operating Margin of 0.58% is on the low side compared to the rest of the industry. UNFI is outperformed by 68.42% of its industry peers.
UNFI's Operating Margin has declined in the last couple of years.
UNFI has a worse Gross Margin (13.38%) than 76.32% of its industry peers.
UNFI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.58% | ||
| PM (TTM) | N/A | ||
| GM | 13.38% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UNFI is destroying value.
UNFI has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, UNFI has more shares outstanding
Compared to 1 year ago, UNFI has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.83 indicates that UNFI is not in any danger for bankruptcy at the moment.
UNFI has a better Altman-Z score (4.83) than 73.68% of its industry peers.
UNFI has a debt to FCF ratio of 5.63. This is a neutral value as UNFI would need 5.63 years to pay back of all of its debts.
UNFI has a Debt to FCF ratio (5.63) which is comparable to the rest of the industry.
UNFI has a Debt/Equity ratio of 1.25. This is a high value indicating a heavy dependency on external financing.
UNFI has a worse Debt to Equity ratio (1.25) than 76.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 5.63 | ||
| Altman-Z | 4.83 |
ROIC/WACC0.37
WACC7.89%
2.3 Liquidity
A Current Ratio of 1.38 indicates that UNFI should not have too much problems paying its short term obligations.
The Current ratio of UNFI (1.38) is better than 71.05% of its industry peers.
UNFI has a Quick Ratio of 1.38. This is a bad value and indicates that UNFI is not financially healthy enough and could expect problems in meeting its short term obligations.
UNFI has a Quick ratio of 0.50. This is in the lower half of the industry: UNFI underperforms 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 0.5 |
3. Growth
3.1 Past
UNFI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 226.47%, which is quite impressive.
The earnings per share for UNFI have been decreasing by -24.53% on average. This is quite bad
UNFI shows a small growth in Revenue. In the last year, the Revenue has grown by 1.45%.
The Revenue has been growing slightly by 3.66% on average over the past years.
EPS 1Y (TTM)226.47%
EPS 3Y-45.84%
EPS 5Y-24.53%
EPS Q2Q%250%
Revenue 1Y (TTM)1.45%
Revenue growth 3Y3.19%
Revenue growth 5Y3.66%
Sales Q2Q%-0.39%
3.2 Future
Based on estimates for the next years, UNFI will show a very strong growth in Earnings Per Share. The EPS will grow by 32.85% on average per year.
The Revenue is expected to grow by 2.22% on average over the next years.
EPS Next Y210.31%
EPS Next 2Y98.66%
EPS Next 3Y67.69%
EPS Next 5Y32.85%
Revenue Next Year0.44%
Revenue Next 2Y1.29%
Revenue Next 3Y1.63%
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.
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
The Price/Earnings ratio is 30.19, which means the current valuation is very expensive for UNFI.
UNFI's Price/Earnings ratio is a bit more expensive when compared to the industry. UNFI is more expensive than 60.53% of the companies in the same industry.
UNFI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.77, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 11.96 indicates a reasonable valuation of UNFI.
78.95% of the companies in the same industry are more expensive than UNFI, based on the Price/Forward Earnings ratio.
UNFI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.35, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.19 | ||
| Fwd PE | 11.96 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of UNFI indicates a somewhat cheap valuation: UNFI is cheaper than 71.05% of the companies listed in the same industry.
UNFI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. UNFI is cheaper than 89.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.94 | ||
| EV/EBITDA | 7.86 |
4.3 Compensation for Growth
The 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 67.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.14
PEG (5Y)N/A
EPS Next 2Y98.66%
EPS Next 3Y67.69%
5. Dividend
5.1 Amount
No dividends for UNFI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
33.51
-0.21 (-0.62%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners99.37%
Inst Owner Change-1.29%
Ins Owners1.71%
Ins Owner Change9.83%
Market Cap2.04B
Revenue(TTM)31.75B
Net Income(TTM)-101.00M
Analysts73.75
Price Target41.31 (23.28%)
Short Float %6.07%
Short Ratio3.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)37.37%
Min EPS beat(2)32.52%
Max EPS beat(2)42.23%
EPS beat(4)4
Avg EPS beat(4)48.22%
Min EPS beat(4)16.24%
Max EPS beat(4)101.92%
EPS beat(8)8
Avg EPS beat(8)257.02%
EPS beat(12)10
Avg EPS beat(12)174.01%
EPS beat(16)11
Avg EPS beat(16)130.7%
Revenue beat(2)0
Avg Revenue beat(2)-2.03%
Min Revenue beat(2)-2.84%
Max Revenue beat(2)-1.22%
Revenue beat(4)2
Avg Revenue beat(4)-0.5%
Min Revenue beat(4)-2.84%
Max Revenue beat(4)1.51%
Revenue beat(8)4
Avg Revenue beat(8)-0.67%
Revenue beat(12)4
Avg Revenue beat(12)-1.18%
Revenue beat(16)6
Avg Revenue beat(16)-1.03%
PT rev (1m)-0.61%
PT rev (3m)40.87%
EPS NQ rev (1m)3.34%
EPS NQ rev (3m)25.42%
EPS NY rev (1m)6.63%
EPS NY rev (3m)50.93%
Revenue NQ rev (1m)-0.54%
Revenue NQ rev (3m)-0.86%
Revenue NY rev (1m)-0.27%
Revenue NY rev (3m)-0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.19 | ||
| Fwd PE | 11.96 | ||
| P/S | 0.06 | ||
| P/FCF | 5.94 | ||
| P/OCF | 3.77 | ||
| P/B | 1.32 | ||
| P/tB | 2.1 | ||
| EV/EBITDA | 7.86 |
EPS(TTM)1.11
EY3.31%
EPS(NY)2.8
Fwd EY8.36%
FCF(TTM)5.65
FCFY16.85%
OCF(TTM)8.9
OCFY26.55%
SpS521.14
BVpS25.39
TBVpS15.92
PEG (NY)0.14
PEG (5Y)N/A
Graham Number25.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.34% | ||
| ROE | -6.53% | ||
| ROCE | 3.68% | ||
| ROIC | 2.9% | ||
| ROICexc | 2.93% | ||
| ROICexgc | 3.31% | ||
| OM | 0.58% | ||
| PM (TTM) | N/A | ||
| GM | 13.38% | ||
| FCFM | 1.08% |
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 Turnover4.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 5.63 | ||
| Debt/EBITDA | 3.83 | ||
| Cap/Depr | 62.26% | ||
| Cap/Sales | 0.62% | ||
| Interest Coverage | 1.29 | ||
| Cash Conversion | 107.75% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.38 | ||
| Quick Ratio | 0.5 | ||
| Altman-Z | 4.83 |
F-Score4
WACC7.89%
ROIC/WACC0.37
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)226.47%
EPS 3Y-45.84%
EPS 5Y-24.53%
EPS Q2Q%250%
EPS Next Y210.31%
EPS Next 2Y98.66%
EPS Next 3Y67.69%
EPS Next 5Y32.85%
Revenue 1Y (TTM)1.45%
Revenue growth 3Y3.19%
Revenue growth 5Y3.66%
Sales Q2Q%-0.39%
Revenue Next Year0.44%
Revenue Next 2Y1.29%
Revenue Next 3Y1.63%
Revenue Next 5Y2.22%
EBIT growth 1Y7.56%
EBIT growth 3Y-24.77%
EBIT growth 5Y-14.77%
EBIT Next Year281.93%
EBIT Next 3Y63.97%
EBIT Next 5Y35.95%
FCF growth 1Y13.91%
FCF growth 3Y44.02%
FCF growth 5Y-3.38%
OCF growth 1Y-14.24%
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 6 / 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.