UNITED NATURAL FOODS INC (UNFI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:UNFI - US9111631035 - Common Stock
37.07 USD
+1.52 (+4.28%)
36.5077 USD
-0.56 (-1.52%)
UNFI gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 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.
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.
In the past 5 years UNFI always reported a positive cash flow from operatings.
1.2 Ratios
UNFI's Return On Assets of -1.55% is on the low side compared to the rest of the industry. UNFI is outperformed by 71.79% of its industry peers.
UNFI has a Return On Equity of -7.61%. This is in the lower half of the industry: UNFI underperforms 69.23% of its industry peers.
With a Return On Invested Capital value of 2.40%, UNFI is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
UNFI had an Average Return On Invested Capital over the past 3 years of 2.42%. This is significantly below the industry average of 8.76%.
| 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
Looking at the Operating Margin, with a value of 0.48%, 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.
UNFI's Gross Margin of 13.28% is on the low side compared to the rest of the industry. UNFI is outperformed by 79.49% of its industry peers.
In the last couple of years the Gross Margin of UNFI has declined.
| 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.
The number of shares outstanding for UNFI has been increased compared to 1 year ago.
UNFI has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, UNFI has an improved debt to assets ratio.
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.
UNFI has a Altman-Z score of 4.78. 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 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.
With a Debt to FCF ratio value of 7.86, UNFI perfoms like the industry average, outperforming 48.72% of the companies in the same industry.
UNFI has a Debt/Equity ratio of 1.21. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.21, UNFI is not doing good in the industry: 74.36% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 7.86 | ||
| Altman-Z | 4.78 |
ROIC/WACC0.3
WACC7.91%
2.3 Liquidity
A Current Ratio of 1.32 indicates that UNFI should not have too much problems paying its short term obligations.
UNFI's Current ratio of 1.32 is fine compared to the rest of the industry. UNFI outperforms 71.79% of its industry peers.
A Quick Ratio of 0.51 indicates that UNFI may have some problems paying its short term obligations.
UNFI has a Quick ratio of 0.51. This is in the lower half of the industry: UNFI underperforms 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.
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.
Looking at the last year, UNFI shows a small growth in Revenue. The Revenue has grown by 2.60% in the last 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
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 Y191.02%
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
UNFI is valuated quite expensively with a Price/Earnings ratio of 52.21.
Compared to the rest of the industry, the Price/Earnings ratio of UNFI indicates a slightly more expensive valuation: UNFI is more expensive than 71.79% of the companies listed in the same industry.
UNFI's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.98.
With a Price/Forward Earnings ratio of 17.94, UNFI is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as UNFI.
UNFI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 35.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 52.21 | ||
| Fwd PE | 17.94 |
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.
UNFI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. UNFI is cheaper than 82.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.41 | ||
| EV/EBITDA | 8.44 |
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.
A more expensive valuation may be justified as UNFI's earnings are expected to grow with 64.99% in the coming years.
PEG (NY)0.27
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 |
37.07
+1.52 (+4.28%)
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 Cap2.25B
Revenue(TTM)31.78B
Net Income(TTM)-118.00M
Analysts73.75
Price Target41.57 (12.14%)
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 | 52.21 | ||
| Fwd PE | 17.94 | ||
| P/S | 0.07 | ||
| P/FCF | 9.41 | ||
| P/OCF | 4.78 | ||
| P/B | 1.45 | ||
| P/tB | 2.35 | ||
| EV/EBITDA | 8.44 |
EPS(TTM)0.71
EY1.92%
EPS(NY)2.07
Fwd EY5.57%
FCF(TTM)3.94
FCFY10.63%
OCF(TTM)7.75
OCFY20.9%
SpS524.06
BVpS25.57
TBVpS15.76
PEG (NY)0.27
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
WACC7.91%
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.