UTZ BRANDS INC (UTZ)
US9180901012 - Common Stock
We assign a fundamental rating of 3 out of 10 to UTZ. UTZ was compared to 93 industry peers in the Food Products industry. Both the profitability and financial health of UTZ have multiple concerns. While showing a medium growth rate, UTZ is valued expensive at the moment.
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.
In multiple years UTZ reported negative net income over the last 5 years.
UTZ had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of -0.75%, UTZ perfoms like the industry average, outperforming 45.65% of the companies in the same industry.
With a Return On Equity value of -2.95%, UTZ perfoms like the industry average, outperforming 45.65% of the companies in the same industry.
The Return On Invested Capital of UTZ (1.16%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for UTZ is significantly below the industry average of 7.76%.
The 3 year average ROIC (0.40%) for UTZ is below the current ROIC(1.16%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.75% | ||
| ROE | -2.95% | ||
| ROIC | 1.16% |
ROA(3y)-0.05%
ROA(5y)-0.43%
ROE(3y)-0.25%
ROE(5y)-3.27%
ROIC(3y)0.4%
ROIC(5y)N/A
1.3 Margins
UTZ has a Operating Margin (2.45%) which is comparable to the rest of the industry.
UTZ's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 32.90%, UTZ is in the better half of the industry, outperforming 79.35% of the companies in the same industry.
UTZ's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.45% | ||
| PM (TTM) | N/A | ||
| GM | 32.9% |
OM growth 3Y-17.64%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.65%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so UTZ is destroying value.
The number of shares outstanding for UTZ has been increased compared to 1 year ago.
UTZ has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, UTZ has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.26, we must say that UTZ is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.26, UTZ is doing worse than 68.48% of the companies in the same industry.
UTZ has a debt to FCF ratio of 38.10. This is a negative value and a sign of low solvency as UTZ would need 38.10 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 38.10, UTZ is in line with its industry, outperforming 51.09% of the companies in the same industry.
A Debt/Equity ratio of 1.13 is on the high side and indicates that UTZ has dependencies on debt financing.
UTZ has a worse Debt to Equity ratio (1.13) than 73.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 38.1 | ||
| Altman-Z | 1.26 |
ROIC/WACC0.15
WACC7.81%
2.3 Liquidity
UTZ has a Current Ratio of 1.40. This is a normal value and indicates that UTZ is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.40, UTZ is in line with its industry, outperforming 42.39% of the companies in the same industry.
UTZ has a Quick Ratio of 1.40. This is a bad value and indicates that UTZ is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.95, UTZ perfoms like the industry average, outperforming 58.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.09% over the past year.
UTZ shows a small growth in Revenue. In the last year, the Revenue has grown by 1.02%.
The Revenue has been growing by 14.25% on average over the past years. This is quite good.
EPS 1Y (TTM)9.09%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%27.27%
Revenue 1Y (TTM)1.02%
Revenue growth 3Y14.25%
Revenue growth 5YN/A
Sales Q2Q%-1.4%
3.2 Future
Based on estimates for the next years, UTZ will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.64% on average per year.
The Revenue is expected to grow by 4.11% on average over the next years.
EPS Next Y25.32%
EPS Next 2Y21.21%
EPS Next 3Y18.64%
EPS Next 5YN/A
Revenue Next Year-0.28%
Revenue Next 2Y1.84%
Revenue Next 3Y2.85%
Revenue Next 5Y4.11%
3.3 Evolution
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
Based on the Price/Earnings ratio of 30.90, the valuation of UTZ can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of UTZ is on the same level as its industry peers.
When comparing the Price/Earnings ratio of UTZ to the average of the S&P500 Index (28.05), we can say UTZ is valued inline with the index average.
UTZ is valuated rather expensively with a Price/Forward Earnings ratio of 22.14.
Based on the Price/Forward Earnings ratio, UTZ is valued a bit cheaper than 63.04% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.07. UTZ is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.9 | ||
| Fwd PE | 22.14 |
4.2 Price Multiples
UTZ's Enterprise Value to EBITDA is on the same level as the industry average.
UTZ's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 126.92 | ||
| EV/EBITDA | 29.36 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as UTZ's earnings are expected to grow with 18.64% in the coming years.
PEG (NY)1.22
PEG (5Y)N/A
EPS Next 2Y21.21%
EPS Next 3Y18.64%
5. Dividend
5.1 Amount
UTZ has a Yearly Dividend Yield of 1.29%.
Compared to an average industry Dividend Yield of 3.64, UTZ pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.29, UTZ pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
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 Years3
Div Non Decr Years3
5.3 Sustainability
UTZ has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-93.65%
EPS Next 2Y21.21%
EPS Next 3Y18.64%
UTZ BRANDS INC
NYSE:UTZ (5/31/2024, 7:11:40 PM)
After market: 18.54 0 (0%)18.54
+0.24 (+1.31%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.61B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
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)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.9 | ||
| Fwd PE | 22.14 | ||
| 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)1.22
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.75% | ||
| ROE | -2.95% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 2.45% | ||
| PM (TTM) | N/A | ||
| GM | 32.9% | ||
| 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 Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.95 | ||
| 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)9.09%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y25.32%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.02%
Revenue growth 3Y14.25%
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