ANDERSONS INC/THE (ANDE) Stock Fundamental Analysis
NASDAQ:ANDE - Nasdaq - US0341641035 - Common Stock - Currency: USD
Taking everything into account, ANDE scores 5 out of 10 in our fundamental rating. ANDE was compared to 40 industry peers in the Consumer Staples Distribution & Retail industry. ANDE has only an average score on both its financial health and profitability. ANDE has a decent growth rate and is not valued too expensively. ANDE also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
ANDE had positive earnings in the past year.
In the past year ANDE had a positive cash flow from operations.
Each year in the past 5 years ANDE has been profitable.
The reported operating cash flow has been mixed in the past 5 years: ANDE reported negative operating cash flow in multiple years.
1.2 Ratios
With a Return On Assets value of 2.77%, ANDE perfoms like the industry average, outperforming 47.50% of the companies in the same industry.
ANDE has a Return On Equity of 8.35%. This is comparable to the rest of the industry: ANDE outperforms 47.50% of its industry peers.
ANDE has a Return On Invested Capital (6.07%) which is comparable to the rest of the industry.
ANDE had an Average Return On Invested Capital over the past 3 years of 7.58%. This is in line with the industry average of 8.15%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.77% | ||
| ROE | 8.35% | ||
| ROIC | 6.07% |
ROA(3y)2.74%
ROA(5y)2.14%
ROE(3y)9.05%
ROE(5y)7.54%
ROIC(3y)7.58%
ROIC(5y)N/A
1.3 Margins
ANDE has a Profit Margin of 1.01%. This is comparable to the rest of the industry: ANDE outperforms 47.50% of its industry peers.
ANDE's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 1.69%, ANDE is in line with its industry, outperforming 42.50% of the companies in the same industry.
ANDE's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 6.16%, ANDE is doing worse than 92.50% of the companies in the same industry.
In the last couple of years the Gross Margin of ANDE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.69% | ||
| PM (TTM) | 1.01% | ||
| GM | 6.16% |
OM growth 3Y8.05%
OM growth 5Y21.55%
PM growth 3Y7.09%
PM growth 5Y35.11%
GM growth 3Y9.45%
GM growth 5Y1.36%
2. Health
2.1 Basic Checks
ANDE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for ANDE has been increased compared to 1 year ago.
ANDE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ANDE is higher compared to a year ago.
2.2 Solvency
ANDE has an Altman-Z score of 3.82. This indicates that ANDE is financially healthy and has little risk of bankruptcy at the moment.
ANDE's Altman-Z score of 3.82 is in line compared to the rest of the industry. ANDE outperforms 50.00% of its industry peers.
ANDE has a debt to FCF ratio of 4.45. This is a neutral value as ANDE would need 4.45 years to pay back of all of its debts.
With a Debt to FCF ratio value of 4.45, ANDE perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
A Debt/Equity ratio of 0.57 indicates that ANDE is somewhat dependend on debt financing.
ANDE has a Debt to Equity ratio (0.57) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 4.45 | ||
| Altman-Z | 3.82 |
ROIC/WACC0.86
WACC7.03%
2.3 Liquidity
ANDE has a Current Ratio of 1.65. This is a normal value and indicates that ANDE is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of ANDE (1.65) is better than 80.00% of its industry peers.
ANDE has a Quick Ratio of 1.65. This is a bad value and indicates that ANDE is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of ANDE (0.90) is better than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
ANDE shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.03%.
Measured over the past years, ANDE shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.99% on average per year.
Looking at the last year, ANDE shows a very negative growth in Revenue. The Revenue has decreased by -23.68% in the last year.
Measured over the past years, ANDE shows a small growth in Revenue. The Revenue has been growing by 7.06% on average per year.
EPS 1Y (TTM)-2.03%
EPS 3Y3.27%
EPS 5Y20.99%
EPS Q2Q%-14.47%
Revenue 1Y (TTM)-23.68%
Revenue growth 3Y-3.72%
Revenue growth 5Y7.06%
Sales Q2Q%-2.8%
3.2 Future
The Earnings Per Share is expected to grow by 13.82% on average over the next years. This is quite good.
ANDE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.03% yearly.
EPS Next Y-4.05%
EPS Next 2Y13.82%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.79%
Revenue Next 2Y6.03%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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
ANDE is valuated reasonably with a Price/Earnings ratio of 11.28.
ANDE's Price/Earnings ratio is a bit cheaper when compared to the industry. ANDE is cheaper than 80.00% of the companies in the same industry.
ANDE is valuated cheaply when we compare the Price/Earnings ratio to 28.79, which is the current average of the S&P500 Index.
ANDE is valuated reasonably with a Price/Forward Earnings ratio of 11.76.
Based on the Price/Forward Earnings ratio, ANDE is valued cheaper than 85.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ANDE to the average of the S&P500 Index (21.38), we can say ANDE is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.28 | ||
| Fwd PE | 11.76 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ANDE is valued cheaply inside the industry as 95.00% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ANDE is valued cheaper than 95.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.13 | ||
| EV/EBITDA | 4.35 |
4.3 Compensation for Growth
ANDE's earnings are expected to grow with 13.82% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.54
EPS Next 2Y13.82%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ANDE has a Yearly Dividend Yield of 2.05%. Purely for dividend investing, there may be better candidates out there.
ANDE's Dividend Yield is rather good when compared to the industry average which is at 2.29. ANDE pays more dividend than 82.50% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.47, ANDE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.05% |
5.2 History
The dividend of ANDE has a limited annual growth rate of 1.62%.
ANDE has been paying a dividend for at least 10 years, so it has a reliable track record.
ANDE has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.62%
Div Incr Years27
Div Non Decr Years27
5.3 Sustainability
23.04% of the earnings are spent on dividend by ANDE. This is a low number and sustainable payout ratio.
ANDE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP23.04%
EPS Next 2Y13.82%
EPS Next 3YN/A
38.02
-0.08 (-0.21%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners90.48%
Inst Owner Change-57.66%
Ins Owners4.21%
Ins Owner Change9.51%
Market Cap1.30B
Analysts85
Price Target56.1 (47.55%)
Short Float %2.59%
Short Ratio2.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.05% |
Yearly Dividend0.77
Dividend Growth(5Y)1.62%
DP23.04%
Div Incr Years27
Div Non Decr Years27
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)63.66%
Min EPS beat(2)44.93%
Max EPS beat(2)82.4%
EPS beat(4)3
Avg EPS beat(4)70.8%
Min EPS beat(4)-5.56%
Max EPS beat(4)161.44%
EPS beat(8)6
Avg EPS beat(8)38.72%
EPS beat(12)9
Avg EPS beat(12)43.04%
EPS beat(16)13
Avg EPS beat(16)136.2%
Revenue beat(2)1
Avg Revenue beat(2)0.64%
Min Revenue beat(2)-11.39%
Max Revenue beat(2)12.67%
Revenue beat(4)1
Avg Revenue beat(4)-9.02%
Min Revenue beat(4)-22.97%
Max Revenue beat(4)12.67%
Revenue beat(8)1
Avg Revenue beat(8)-9.86%
Revenue beat(12)5
Avg Revenue beat(12)0.89%
Revenue beat(16)9
Avg Revenue beat(16)6.8%
PT rev (1m)0%
PT rev (3m)-15.38%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-148.39%
EPS NY rev (1m)0%
EPS NY rev (3m)-14.32%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.54%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.28 | ||
| Fwd PE | 11.76 | ||
| P/S | 0.12 | ||
| P/FCF | 7.13 | ||
| P/OCF | 3.92 | ||
| P/B | 0.95 | ||
| P/tB | 1.11 | ||
| EV/EBITDA | 4.35 |
EPS(TTM)3.37
EY8.86%
EPS(NY)3.23
Fwd EY8.5%
FCF(TTM)5.33
FCFY14.03%
OCF(TTM)9.7
OCFY25.5%
SpS329.26
BVpS39.96
TBVpS34.19
PEG (NY)N/A
PEG (5Y)0.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.77% | ||
| ROE | 8.35% | ||
| ROCE | 7.96% | ||
| ROIC | 6.07% | ||
| ROICexc | 7.78% | ||
| ROICexgc | 8.64% | ||
| OM | 1.69% | ||
| PM (TTM) | 1.01% | ||
| GM | 6.16% | ||
| FCFM | 1.62% |
ROA(3y)2.74%
ROA(5y)2.14%
ROE(3y)9.05%
ROE(5y)7.54%
ROIC(3y)7.58%
ROIC(5y)N/A
ROICexc(3y)9.49%
ROICexc(5y)N/A
ROICexgc(3y)10.72%
ROICexgc(5y)N/A
ROCE(3y)9.94%
ROCE(5y)N/A
ROICexcg growth 3Y10.33%
ROICexcg growth 5Y36.01%
ROICexc growth 3Y10.51%
ROICexc growth 5Y36.71%
OM growth 3Y8.05%
OM growth 5Y21.55%
PM growth 3Y7.09%
PM growth 5Y35.11%
GM growth 3Y9.45%
GM growth 5Y1.36%
F-Score6
Asset Turnover2.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 4.45 | ||
| Debt/EBITDA | 2.44 | ||
| Cap/Depr | 116.73% | ||
| Cap/Sales | 1.33% | ||
| Interest Coverage | 6.12 | ||
| Cash Conversion | 104.21% | ||
| Profit Quality | 159.91% | ||
| Current Ratio | 1.65 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 3.82 |
F-Score6
WACC7.03%
ROIC/WACC0.86
Cap/Depr(3y)113.57%
Cap/Depr(5y)88.41%
Cap/Sales(3y)1.05%
Cap/Sales(5y)1.02%
Profit Quality(3y)353.13%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.03%
EPS 3Y3.27%
EPS 5Y20.99%
EPS Q2Q%-14.47%
EPS Next Y-4.05%
EPS Next 2Y13.82%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-23.68%
Revenue growth 3Y-3.72%
Revenue growth 5Y7.06%
Sales Q2Q%-2.8%
Revenue Next Year7.79%
Revenue Next 2Y6.03%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-24.81%
EBIT growth 3Y4.04%
EBIT growth 5Y30.13%
EBIT Next Year116.82%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-77.1%
FCF growth 3YN/A
FCF growth 5Y18.48%
OCF growth 1Y-64.98%
OCF growth 3YN/A
OCF growth 5Y-1%