UNITED NATURAL FOODS INC (UNFI)
US9111631035 - Common Stock
We assign a fundamental rating of 3 out of 10 to UNFI. UNFI was compared to 41 industry peers in the Consumer Staples Distribution & Retail industry. UNFI has a bad profitability rating. Also its financial health evaluation is rather negative. UNFI is valied quite expensively at the moment, while it does show a decent 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.
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 worse Return On Assets (-1.49%) than 68.29% of its industry peers.
UNFI has a Return On Equity of -6.83%. This is in the lower half of the industry: UNFI underperforms 68.29% of its industry peers.
UNFI has a Return On Invested Capital of 2.34%. This is in the lower half of the industry: UNFI underperforms 73.17% of its industry peers.
UNFI had an Average Return On Invested Capital over the past 3 years of 3.42%. This is significantly below the industry average of 9.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.49% | ||
| ROE | -6.83% | ||
| ROIC | 2.34% |
ROA(3y)0.7%
ROA(5y)0.09%
ROE(3y)2.8%
ROE(5y)-1.14%
ROIC(3y)3.42%
ROIC(5y)4.16%
1.3 Margins
UNFI has a Operating Margin of 0.49%. This is in the lower half of the industry: UNFI underperforms 73.17% of its industry peers.
UNFI's Operating Margin has declined in the last couple of years.
UNFI's Gross Margin of 13.56% is on the low side compared to the rest of the industry. UNFI is outperformed by 82.93% of its industry peers.
UNFI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.49% | ||
| PM (TTM) | N/A | ||
| GM | 13.56% |
OM growth 3Y-27.27%
OM growth 5Y-14.68%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.47%
GM growth 5Y-1.21%
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.
Compared to 5 years ago, UNFI has more shares outstanding
UNFI has a worse debt/assets ratio than last year.
2.2 Solvency
UNFI has an Altman-Z score of 4.68. 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 4.68, UNFI is in the better half of the industry, outperforming 60.98% of the companies in the same industry.
UNFI has a Debt/Equity ratio of 1.28. This is a high value indicating a heavy dependency on external financing.
UNFI has a worse Debt to Equity ratio (1.28) than 75.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.68 |
ROIC/WACC0.32
WACC7.27%
2.3 Liquidity
UNFI has a Current Ratio of 1.44. This is a normal value and indicates that UNFI is financially healthy and should not expect problems in meeting its short term obligations.
UNFI has a Current ratio of 1.44. This is in the better half of the industry: UNFI outperforms 75.61% of its industry peers.
A Quick Ratio of 0.52 indicates that UNFI may have some problems paying its short term obligations.
UNFI has a Quick ratio of 0.52. This is comparable to the rest of the industry: UNFI outperforms 51.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 0.52 |
3. Growth
3.1 Past
The earnings per share for UNFI have decreased strongly by -93.64% in the last year.
Measured over the past years, UNFI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -41.71% on average per year.
UNFI shows a small growth in Revenue. In the last year, the Revenue has grown by 2.34%.
Measured over the past years, UNFI shows a small growth in Revenue. The Revenue has been growing by 6.76% on average per year.
EPS 1Y (TTM)-93.64%
EPS 3Y-66.96%
EPS 5Y-41.71%
EPS Q2Q%104%
Revenue 1Y (TTM)2.34%
Revenue growth 3Y4.75%
Revenue growth 5Y6.76%
Sales Q2Q%9.95%
3.2 Future
The Earnings Per Share is expected to grow by 44.60% on average over the next years. This is a very strong growth
UNFI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.51% yearly.
EPS Next Y300.71%
EPS Next 2Y175.85%
EPS Next 3Y123.14%
EPS Next 5Y44.6%
Revenue Next Year-0.08%
Revenue Next 2Y0.42%
Revenue Next 3Y0.24%
Revenue Next 5Y2.51%
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 140.71, UNFI can be considered very expensive at the moment.
68.29% of the companies in the same industry are cheaper than UNFI, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 30.20, UNFI is valued quite expensively.
Based on the Price/Forward Earnings ratio of 35.12, the valuation of UNFI can be described as expensive.
Based on the Price/Forward Earnings ratio, UNFI is valued a bit more expensive than the industry average as 60.98% of the companies are valued more cheaply.
UNFI is valuated expensively when we compare the Price/Forward Earnings ratio to 23.28, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 140.71 | ||
| Fwd PE | 35.12 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UNFI is valued a bit cheaper than the industry average as 68.29% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.97 |
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 123.14% in the coming years.
PEG (NY)0.47
PEG (5Y)N/A
EPS Next 2Y175.85%
EPS Next 3Y123.14%
5. Dividend
5.1 Amount
UNFI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
UNITED NATURAL FOODS INC
NYSE:UNFI (11/4/2024, 8:04:00 PM)
After market: 19.7 0 (0%)19.7
-0.88 (-4.28%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.17B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(12)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
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Revenue NQ rev (1m)
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Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 140.71 | ||
| Fwd PE | 35.12 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.47
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.49% | ||
| ROE | -6.83% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 0.49% | ||
| PM (TTM) | N/A | ||
| GM | 13.56% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover4.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.44 | ||
| Quick Ratio | 0.52 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-93.64%
EPS 3Y-66.96%
EPS 5Y
EPS Q2Q%
EPS Next Y300.71%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)2.34%
Revenue growth 3Y4.75%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y