UNITED NATURAL FOODS INC (UNFI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:UNFI - US9111631035 - Common Stock
33 USD
-0.3 (-0.9%)
32.34 USD
-0.66 (-2%)
UNFI gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 38 industry peers in the Consumer Staples Distribution & Retail industry. UNFI has a bad profitability rating. Also its financial health evaluation is rather negative. 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.
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 71.05% of its industry peers.
Looking at the Return On Equity, with a value of -6.53%, UNFI is doing worse than 71.05% of the companies in the same industry.
UNFI's Return On Invested Capital of 2.90% is on the low side compared to the rest of the industry. UNFI is outperformed by 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 3 year average ROIC (2.42%) for UNFI is below the current ROIC(2.90%), indicating increased profibility in the last year.
| 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 has a Operating Margin of 0.58%. This is in the lower half of the industry: UNFI underperforms 68.42% of its industry peers.
In the last couple of years the Operating Margin of UNFI has declined.
The Gross Margin of UNFI (13.38%) is worse than 76.32% of its industry peers.
In the last couple of years the Gross Margin of UNFI has declined.
| 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.
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
An Altman-Z score of 4.82 indicates that UNFI is not in any danger for bankruptcy at the moment.
UNFI has a better Altman-Z score (4.82) than 73.68% of its industry peers.
The Debt to FCF ratio of UNFI is 5.63, which is a neutral value as it means it would take UNFI, 5.63 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 5.63, UNFI perfoms like the industry average, outperforming 47.37% 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 76.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 5.63 | ||
| Altman-Z | 4.82 |
ROIC/WACC0.38
WACC7.68%
2.3 Liquidity
A Current Ratio of 1.38 indicates that UNFI should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.38, UNFI is doing good in the industry, outperforming 71.05% of the companies in the same industry.
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.
Looking at the Quick ratio, with a value of 0.50, UNFI is doing worse than 63.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 0.5 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 226.47% over the past year.
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%.
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.
UNFI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.22% yearly.
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
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
With a Price/Earnings ratio of 29.73, UNFI can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of UNFI indicates a slightly more expensive valuation: UNFI is more expensive than 60.53% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.00. UNFI is around the same levels.
Based on the Price/Forward Earnings ratio of 11.78, the valuation of UNFI can be described as reasonable.
Based on the Price/Forward Earnings ratio, UNFI is valued a bit cheaper than the industry average as 78.95% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.70, UNFI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.73 | ||
| Fwd PE | 11.78 |
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 | 5.85 | ||
| EV/EBITDA | 7.77 |
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
UNFI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
33
-0.3 (-0.9%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners99.39%
Inst Owner Change-0.05%
Ins Owners2.02%
Ins Owner Change9.31%
Market Cap2.01B
Revenue(TTM)31.75B
Net Income(TTM)-101.00M
Analysts73.75
Price Target41.31 (25.18%)
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)34.44%
EPS NQ rev (1m)-1.49%
EPS NQ rev (3m)25.42%
EPS NY rev (1m)6.4%
EPS NY rev (3m)50.93%
Revenue NQ rev (1m)-0.07%
Revenue NQ rev (3m)-0.86%
Revenue NY rev (1m)-0.27%
Revenue NY rev (3m)-0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.73 | ||
| Fwd PE | 11.78 | ||
| P/S | 0.06 | ||
| P/FCF | 5.85 | ||
| P/OCF | 3.71 | ||
| P/B | 1.3 | ||
| P/tB | 2.07 | ||
| EV/EBITDA | 7.77 |
EPS(TTM)1.11
EY3.36%
EPS(NY)2.8
Fwd EY8.49%
FCF(TTM)5.65
FCFY17.11%
OCF(TTM)8.9
OCFY26.96%
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 | 4.82 |
F-Score4
WACC7.68%
ROIC/WACC0.38
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.
What is the valuation status of UNITED NATURAL FOODS INC (UNFI) stock?
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.
Can you provide the expected EPS growth for UNFI stock?
The Earnings per Share (EPS) of UNITED NATURAL FOODS INC (UNFI) is expected to grow by 210.31% in the next year.