DANONE (BN.PA) Stock Fundamental Analysis
Europe - EPA:BN - FR0000120644 - Common Stock
77.52 EUR
+1.22 (+1.6%)
Overall BN gets a fundamental rating of 4 out of 10. We evaluated BN against 59 industry peers in the Food Products industry. Both the profitability and the financial health of BN get a neutral evaluation. Nothing too spectacular is happening here. BN is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
BN had positive earnings in the past year.
BN had a positive operating cash flow in the past year.
BN had positive earnings in each of the past 5 years.
In the past 5 years BN always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.20%, BN is in line with its industry, outperforming 57.63% of the companies in the same industry.
BN has a better Return On Equity (11.59%) than 61.02% of its industry peers.
With a Return On Invested Capital value of 6.83%, BN perfoms like the industry average, outperforming 59.32% of the companies in the same industry.
BN had an Average Return On Invested Capital over the past 3 years of 6.38%. This is in line with the industry average of 6.79%.
The last Return On Invested Capital (6.83%) for BN is above the 3 year average (6.38%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.2% | ||
| ROE | 11.59% | ||
| ROIC | 6.83% |
ROA(3y)2.83%
ROA(5y)3.44%
ROE(3y)7.34%
ROE(5y)9%
ROIC(3y)6.38%
ROIC(5y)6.21%
1.3 Margins
BN has a better Profit Margin (6.72%) than 71.19% of its industry peers.
BN's Profit Margin has been stable in the last couple of years.
BN has a better Operating Margin (13.25%) than 77.97% of its industry peers.
In the last couple of years the Operating Margin of BN has declined.
With a decent Gross Margin value of 50.47%, BN is doing good in the industry, outperforming 76.27% of the companies in the same industry.
In the last couple of years the Gross Margin of BN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.25% | ||
| PM (TTM) | 6.72% | ||
| GM | 50.47% |
OM growth 3Y-1.81%
OM growth 5Y-3.08%
PM growth 3Y-1.94%
PM growth 5Y-0.54%
GM growth 3Y1.56%
GM growth 5Y0.26%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BN is creating some value.
Compared to 1 year ago, BN has more shares outstanding
BN has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, BN has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.53 indicates that BN is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of BN (2.53) is better than 61.02% of its industry peers.
BN has a debt to FCF ratio of 5.07. This is a neutral value as BN would need 5.07 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.07, BN is in the better half of the industry, outperforming 69.49% of the companies in the same industry.
A Debt/Equity ratio of 0.83 indicates that BN is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.83, BN is not doing good in the industry: 71.19% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 5.07 | ||
| Altman-Z | 2.53 |
ROIC/WACC1.06
WACC6.42%
2.3 Liquidity
A Current Ratio of 0.95 indicates that BN may have some problems paying its short term obligations.
BN has a Current ratio of 0.95. This is in the lower half of the industry: BN underperforms 72.88% of its industry peers.
BN has a Quick Ratio of 0.95. This is a bad value and indicates that BN is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.78, BN is in line with its industry, outperforming 42.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
BN shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.47%.
Measured over the past years, BN shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.17% on average per year.
Looking at the last year, BN shows a small growth in Revenue. The Revenue has grown by 0.54% in the last year.
Measured over the past years, BN shows a small growth in Revenue. The Revenue has been growing by 1.60% on average per year.
EPS 1Y (TTM)4.47%
EPS 3Y3.12%
EPS 5Y-1.17%
EPS Q2Q%6.11%
Revenue 1Y (TTM)0.54%
Revenue growth 3Y4.08%
Revenue growth 5Y1.6%
Sales Q2Q%-0.15%
3.2 Future
BN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.84% yearly.
Based on estimates for the next years, BN will show a small growth in Revenue. The Revenue will grow by 3.24% on average per year.
EPS Next Y7.65%
EPS Next 2Y6.85%
EPS Next 3Y7.31%
EPS Next 5Y6.84%
Revenue Next Year0.54%
Revenue Next 2Y1.69%
Revenue Next 3Y2.42%
Revenue Next 5Y3.24%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.73, BN is valued on the expensive side.
Based on the Price/Earnings ratio, BN is valued a bit more expensive than 64.41% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.29, BN is valued a bit cheaper.
A Price/Forward Earnings ratio of 18.70 indicates a rather expensive valuation of BN.
BN's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. BN is more expensive than 66.10% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.85, BN is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.73 | ||
| Fwd PE | 18.7 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BN is on the same level as its industry peers.
BN's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.41 | ||
| EV/EBITDA | 10.96 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
BN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.71
PEG (5Y)N/A
EPS Next 2Y6.85%
EPS Next 3Y7.31%
5. Dividend
5.1 Amount
BN has a Yearly Dividend Yield of 2.83%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.36, BN pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, BN has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.83% |
5.2 History
The dividend of BN has a limited annual growth rate of 1.58%.
Dividend Growth(5Y)1.58%
Div Incr Years3
Div Non Decr Years4
5.3 Sustainability
74.99% of the earnings are spent on dividend by BN. This is not a sustainable payout ratio.
BN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP74.99%
EPS Next 2Y6.85%
EPS Next 3Y7.31%
EPA:BN (10/17/2025, 5:36:15 PM)
77.52
+1.22 (+1.6%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners55.49%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap52.82B
Analysts74.84
Price Target78.79 (1.64%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.83% |
Yearly Dividend2.1
Dividend Growth(5Y)1.58%
DP74.99%
Div Incr Years3
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)1.95%
PT rev (3m)3.5%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.47%
EPS NY rev (3m)-0.29%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.33%
Revenue NY rev (3m)-1.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.73 | ||
| Fwd PE | 18.7 | ||
| P/S | 1.93 | ||
| P/FCF | 18.41 | ||
| P/OCF | 13.73 | ||
| P/B | 3.33 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.96 |
EPS(TTM)3.74
EY4.82%
EPS(NY)4.14
Fwd EY5.35%
FCF(TTM)4.21
FCFY5.43%
OCF(TTM)5.64
OCFY7.28%
SpS40.15
BVpS23.28
TBVpS-9.5
PEG (NY)2.71
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.2% | ||
| ROE | 11.59% | ||
| ROCE | 12.02% | ||
| ROIC | 6.83% | ||
| ROICexc | 8.36% | ||
| ROICexgc | 50.58% | ||
| OM | 13.25% | ||
| PM (TTM) | 6.72% | ||
| GM | 50.47% | ||
| FCFM | 10.49% |
ROA(3y)2.83%
ROA(5y)3.44%
ROE(3y)7.34%
ROE(5y)9%
ROIC(3y)6.38%
ROIC(5y)6.21%
ROICexc(3y)7.67%
ROICexc(5y)7.39%
ROICexgc(3y)52.44%
ROICexgc(5y)45.6%
ROCE(3y)10.98%
ROCE(5y)10.58%
ROICexcg growth 3Y19.7%
ROICexcg growth 5Y13.36%
ROICexc growth 3Y4.65%
ROICexc growth 5Y1.26%
OM growth 3Y-1.81%
OM growth 5Y-3.08%
PM growth 3Y-1.94%
PM growth 5Y-0.54%
GM growth 3Y1.56%
GM growth 5Y0.26%
F-Score8
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 5.07 | ||
| Debt/EBITDA | 2.71 | ||
| Cap/Depr | 77.72% | ||
| Cap/Sales | 3.57% | ||
| Interest Coverage | 23.53 | ||
| Cash Conversion | 78.8% | ||
| Profit Quality | 156.01% | ||
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 2.53 |
F-Score8
WACC6.42%
ROIC/WACC1.06
Cap/Depr(3y)59.49%
Cap/Depr(5y)65.43%
Cap/Sales(3y)3.2%
Cap/Sales(5y)3.59%
Profit Quality(3y)220.86%
Profit Quality(5y)178.79%
High Growth Momentum
Growth
EPS 1Y (TTM)4.47%
EPS 3Y3.12%
EPS 5Y-1.17%
EPS Q2Q%6.11%
EPS Next Y7.65%
EPS Next 2Y6.85%
EPS Next 3Y7.31%
EPS Next 5Y6.84%
Revenue 1Y (TTM)0.54%
Revenue growth 3Y4.08%
Revenue growth 5Y1.6%
Sales Q2Q%-0.15%
Revenue Next Year0.54%
Revenue Next 2Y1.69%
Revenue Next 3Y2.42%
Revenue Next 5Y3.24%
EBIT growth 1Y3.81%
EBIT growth 3Y2.2%
EBIT growth 5Y-1.53%
EBIT Next Year35.38%
EBIT Next 3Y14.38%
EBIT Next 5Y10.86%
FCF growth 1Y12.42%
FCF growth 3Y6.14%
FCF growth 5Y3.12%
OCF growth 1Y12.55%
OCF growth 3Y3.31%
OCF growth 5Y2.15%