UTZ BRANDS INC (UTZ) Stock Fundamental Analysis
NYSE:UTZ - New York Stock Exchange, Inc. - US9180901012 - Common Stock - Currency: USD
Overall UTZ gets a fundamental rating of 3 out of 10. We evaluated UTZ against 91 industry peers in the Food Products industry. There are concerns on the financial health of UTZ while its profitability can be described as average. UTZ is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
UTZ had positive earnings in the past year.
UTZ had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: UTZ reported negative net income in multiple years.
Each year in the past 5 years UTZ had a positive operating cash flow.
1.2 Ratios
UTZ has a worse Return On Assets (0.99%) than 61.54% of its industry peers.
UTZ has a Return On Equity (3.79%) which is in line with its industry peers.
With a Return On Invested Capital value of 1.69%, UTZ perfoms like the industry average, outperforming 43.96% of the companies in the same industry.
UTZ had an Average Return On Invested Capital over the past 3 years of 0.94%. This is significantly below the industry average of 28.11%.
The last Return On Invested Capital (1.69%) for UTZ is above the 3 year average (0.94%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.99% | ||
| ROE | 3.79% | ||
| ROIC | 1.69% |
ROA(3y)-0.11%
ROA(5y)-0.66%
ROE(3y)-0.5%
ROE(5y)-3.19%
ROIC(3y)0.94%
ROIC(5y)0.81%
1.3 Margins
UTZ's Profit Margin of 1.94% is in line compared to the rest of the industry. UTZ outperforms 51.65% of its industry peers.
UTZ's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 3.81%, UTZ is in line with its industry, outperforming 52.75% of the companies in the same industry.
UTZ's Operating Margin has improved in the last couple of years.
The Gross Margin of UTZ (34.88%) is better than 79.12% of its industry peers.
In the last couple of years the Gross Margin of UTZ has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.81% | ||
| PM (TTM) | 1.94% | ||
| GM | 34.88% |
OM growth 3Y78.42%
OM growth 5YN/A
PM growth 3Y-13.39%
PM growth 5YN/A
GM growth 3Y2.59%
GM growth 5YN/A
2. Health
2.1 Basic Checks
UTZ 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 UTZ has been increased compared to 1 year ago.
The number of shares outstanding for UTZ has been increased compared to 5 years ago.
The debt/assets ratio for UTZ has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.03, we must say that UTZ is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.03, UTZ is not doing good in the industry: 68.13% of the companies in the same industry are doing better.
UTZ has a Debt/Equity ratio of 1.16. This is a high value indicating a heavy dependency on external financing.
UTZ's Debt to Equity ratio of 1.16 is on the low side compared to the rest of the industry. UTZ is outperformed by 74.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.03 |
ROIC/WACC0.23
WACC7.51%
2.3 Liquidity
UTZ has a Current Ratio of 1.32. This is a normal value and indicates that UTZ is financially healthy and should not expect problems in meeting its short term obligations.
UTZ has a Current ratio (1.32) which is in line with its industry peers.
A Quick Ratio of 0.91 indicates that UTZ may have some problems paying its short term obligations.
With a Quick ratio value of 0.91, UTZ perfoms like the industry average, outperforming 51.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
UTZ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 30.00%, which is quite impressive.
Measured over the past 5 years, UTZ shows a small growth in Earnings Per Share. The EPS has been growing by 0.77% on average per year.
UTZ shows a decrease in Revenue. In the last year, the revenue decreased by -1.30%.
UTZ shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.08% yearly.
EPS 1Y (TTM)30%
EPS 3Y11.38%
EPS 5Y0.77%
EPS Q2Q%14.29%
Revenue 1Y (TTM)-1.3%
Revenue growth 3Y6.08%
Revenue growth 5YN/A
Sales Q2Q%1.6%
3.2 Future
UTZ is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.73% yearly.
Based on estimates for the next years, UTZ will show a small growth in Revenue. The Revenue will grow by 5.24% on average per year.
EPS Next Y12.43%
EPS Next 2Y12.92%
EPS Next 3Y11.73%
EPS Next 5YN/A
Revenue Next Year0.98%
Revenue Next 2Y1.83%
Revenue Next 3Y2.28%
Revenue Next 5Y5.24%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 17.62 indicates a rather expensive valuation of UTZ.
Based on the Price/Earnings ratio, UTZ is valued a bit cheaper than the industry average as 61.54% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.30. UTZ is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 14.18, the valuation of UTZ can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of UTZ indicates a somewhat cheap valuation: UTZ is cheaper than 71.43% of the companies listed in the same industry.
UTZ's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.62 | ||
| Fwd PE | 14.18 |
4.2 Price Multiples
UTZ's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 22 |
4.3 Compensation for Growth
UTZ's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.42
PEG (5Y)23
EPS Next 2Y12.92%
EPS Next 3Y11.73%
5. Dividend
5.1 Amount
UTZ has a Yearly Dividend Yield of 1.85%.
Compared to an average industry Dividend Yield of 4.66, UTZ pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.37, UTZ is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
5.2 History
UTZ has been paying a dividend for over 5 years, so it has already some track record.
UTZ has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
81.92% of the earnings are spent on dividend by UTZ. This is not a sustainable payout ratio.
DP81.92%
EPS Next 2Y12.92%
EPS Next 3Y11.73%
13.74
-0.04 (-0.29%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners93.8%
Inst Owner Change0%
Ins Owners11.92%
Ins Owner Change-0.52%
Market Cap1.94B
Analysts80
Price Target17.6 (28.09%)
Short Float %11.23%
Short Ratio6.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
Yearly Dividend0.15
Dividend Growth(5Y)N/A
DP81.92%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.28%
Min EPS beat(2)2.99%
Max EPS beat(2)13.57%
EPS beat(4)4
Avg EPS beat(4)9.26%
Min EPS beat(4)2.99%
Max EPS beat(4)16.25%
EPS beat(8)7
Avg EPS beat(8)7.63%
EPS beat(12)11
Avg EPS beat(12)10.92%
EPS beat(16)13
Avg EPS beat(16)7.68%
Revenue beat(2)0
Avg Revenue beat(2)-2%
Min Revenue beat(2)-3.49%
Max Revenue beat(2)-0.52%
Revenue beat(4)0
Avg Revenue beat(4)-1.46%
Min Revenue beat(4)-3.49%
Max Revenue beat(4)-0.52%
Revenue beat(8)0
Avg Revenue beat(8)-1.12%
Revenue beat(12)3
Avg Revenue beat(12)0.21%
Revenue beat(16)7
Avg Revenue beat(16)0.85%
PT rev (1m)3.97%
PT rev (3m)-4.17%
EPS NQ rev (1m)-4.18%
EPS NQ rev (3m)-11.94%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.11%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.62 | ||
| Fwd PE | 14.18 | ||
| P/S | 1.37 | ||
| P/FCF | N/A | ||
| P/OCF | 20.45 | ||
| P/B | 2.68 | ||
| P/tB | N/A | ||
| EV/EBITDA | 22 |
EPS(TTM)0.78
EY5.68%
EPS(NY)0.97
Fwd EY7.05%
FCF(TTM)-0.27
FCFYN/A
OCF(TTM)0.67
OCFY4.89%
SpS10.01
BVpS5.13
TBVpS-8.03
PEG (NY)1.42
PEG (5Y)23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.99% | ||
| ROE | 3.79% | ||
| ROCE | 2.14% | ||
| ROIC | 1.69% | ||
| ROICexc | 1.73% | ||
| ROICexgc | 7.16% | ||
| OM | 3.81% | ||
| PM (TTM) | 1.94% | ||
| GM | 34.88% | ||
| FCFM | N/A |
ROA(3y)-0.11%
ROA(5y)-0.66%
ROE(3y)-0.5%
ROE(5y)-3.19%
ROIC(3y)0.94%
ROIC(5y)0.81%
ROICexc(3y)0.96%
ROICexc(5y)0.83%
ROICexgc(3y)4.56%
ROICexgc(5y)4.6%
ROCE(3y)1.19%
ROCE(5y)1.03%
ROICexcg growth 3Y77.46%
ROICexcg growth 5YN/A
ROICexc growth 3Y91.86%
ROICexc growth 5YN/A
OM growth 3Y78.42%
OM growth 5YN/A
PM growth 3Y-13.39%
PM growth 5YN/A
GM growth 3Y2.59%
GM growth 5YN/A
F-Score6
Asset Turnover0.51
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.16 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.75 | ||
| Cap/Depr | 186.35% | ||
| Cap/Sales | 9.4% | ||
| Interest Coverage | 1.39 | ||
| Cash Conversion | 75.85% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | 1.03 |
F-Score6
WACC7.51%
ROIC/WACC0.23
Cap/Depr(3y)107.83%
Cap/Depr(5y)118.32%
Cap/Sales(3y)5.92%
Cap/Sales(5y)6.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)30%
EPS 3Y11.38%
EPS 5Y0.77%
EPS Q2Q%14.29%
EPS Next Y12.43%
EPS Next 2Y12.92%
EPS Next 3Y11.73%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.3%
Revenue growth 3Y6.08%
Revenue growth 5YN/A
Sales Q2Q%1.6%
Revenue Next Year0.98%
Revenue Next 2Y1.83%
Revenue Next 3Y2.28%
Revenue Next 5Y5.24%
EBIT growth 1Y53.15%
EBIT growth 3Y89.27%
EBIT growth 5YN/A
EBIT Next Year26.77%
EBIT Next 3Y13.33%
EBIT Next 5YN/A
FCF growth 1Y-111.29%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y25.43%
OCF growth 3Y29.94%
OCF growth 5YN/A