UNITED NATURAL FOODS INC (UNFI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:UNFI - US9111631035 - Common Stock
34.47 USD
-0.2 (-0.58%)
34.47 USD
0 (0%)
Taking everything into account, UNFI scores 3 out of 10 in our fundamental rating. 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 has a correct valuation and a medium 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.
The reported net income has been mixed in the past 5 years: UNFI reported negative net income in multiple 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 -1.34%. This is in the lower half of the industry: UNFI underperforms 69.23% of its industry peers.
Looking at the Return On Equity, with a value of -6.53%, UNFI is doing worse than 69.23% of the companies in the same industry.
UNFI has a Return On Invested Capital of 2.90%. This is in the lower half of the industry: UNFI underperforms 61.54% 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 8.84%.
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
Looking at the Operating Margin, with a value of 0.58%, UNFI is doing worse than 66.67% of the companies in the same industry.
In the last couple of years the Operating Margin of UNFI has declined.
With a Gross Margin value of 13.38%, UNFI is not doing good in the industry: 76.92% 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 | 0.58% | ||
| 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
UNFI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
UNFI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for UNFI has been increased compared to 5 years ago.
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 Altman-Z score of 4.83. This is in the better half of the industry: UNFI outperforms 74.36% 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.
With a Debt to FCF ratio value of 5.63, UNFI perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
UNFI has a Debt/Equity ratio of 1.25. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.25, UNFI is doing worse than 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 5.63 | ||
| Altman-Z | 4.83 |
ROIC/WACC0.37
WACC7.95%
2.3 Liquidity
A Current Ratio of 1.38 indicates that UNFI should not have too much problems paying its short term obligations.
UNFI has a Current ratio of 1.38. This is in the better half of the industry: UNFI outperforms 74.36% of its industry peers.
A Quick Ratio of 0.50 indicates that UNFI may have some problems paying its short term obligations.
UNFI has a worse Quick ratio (0.50) than 64.10% 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.
Measured over the past years, UNFI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -24.53% on average per year.
UNFI shows a small growth in Revenue. In the last year, the Revenue has grown by 1.45%.
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)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
UNFI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.85% yearly.
Based on estimates for the next years, UNFI will show a small growth in Revenue. The Revenue will grow by 2.22% on average per year.
EPS Next Y191.63%
EPS Next 2Y93.93%
EPS Next 3Y65.01%
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
The Price/Earnings ratio is 31.05, which means the current valuation is very expensive for UNFI.
The rest of the industry has a similar Price/Earnings ratio as UNFI.
UNFI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.28, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 12.91, the valuation of UNFI can be described as correct.
Based on the Price/Forward Earnings ratio, UNFI is valued a bit cheaper than the industry average as 71.79% of the companies are valued more expensively.
UNFI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.52.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.05 | ||
| Fwd PE | 12.91 |
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 71.79% 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 87.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.11 | ||
| EV/EBITDA | 7.97 |
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.
A more expensive valuation may be justified as UNFI's earnings are expected to grow with 65.01% in the coming years.
PEG (NY)0.16
PEG (5Y)N/A
EPS Next 2Y93.93%
EPS Next 3Y65.01%
5. Dividend
5.1 Amount
UNFI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
34.47
-0.2 (-0.58%)
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 Change2.48%
Market Cap2.10B
Revenue(TTM)31.75B
Net Income(TTM)-101.00M
Analysts73.75
Price Target41.69 (20.95%)
Short Float %5.85%
Short Ratio3.36
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)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)0.31%
PT rev (3m)42.17%
EPS NQ rev (1m)4.9%
EPS NQ rev (3m)27.31%
EPS NY rev (1m)0.21%
EPS NY rev (3m)41.85%
Revenue NQ rev (1m)-0.47%
Revenue NQ rev (3m)-0.79%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.05 | ||
| Fwd PE | 12.91 | ||
| P/S | 0.07 | ||
| P/FCF | 6.11 | ||
| P/OCF | 3.88 | ||
| P/B | 1.36 | ||
| P/tB | 2.17 | ||
| EV/EBITDA | 7.97 |
EPS(TTM)1.11
EY3.22%
EPS(NY)2.67
Fwd EY7.75%
FCF(TTM)5.65
FCFY16.38%
OCF(TTM)8.9
OCFY25.81%
SpS521.14
BVpS25.39
TBVpS15.92
PEG (NY)0.16
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
WACC7.95%
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 Y191.63%
EPS Next 2Y93.93%
EPS Next 3Y65.01%
EPS Next 5Y32.85%
Revenue 1Y (TTM)1.45%
Revenue growth 3Y3.19%
Revenue growth 5Y3.66%
Sales Q2Q%-0.39%
Revenue Next Year0.71%
Revenue Next 2Y1.32%
Revenue Next 3Y1.58%
Revenue Next 5Y2.22%
EBIT growth 1Y7.56%
EBIT growth 3Y-24.77%
EBIT growth 5Y-14.77%
EBIT Next Year281.37%
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.