THE CAMPBELL'S COMPANY (CPB) Stock Fundamental Analysis
USA - NASDAQ:CPB - US1344291091 - Common Stock
30.39 USD
+0.5 (+1.67%)
30.38 USD
-0.01 (-0.03%)
CPB gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 87 industry peers in the Food Products industry. CPB has a medium profitability rating, but doesn't score so well on its financial health evaluation. CPB is valued correctly, but it does not seem to be growing. Finally CPB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CPB had positive earnings in the past year.
In the past year CPB had a positive cash flow from operations.
In the past 5 years CPB has always been profitable.
CPB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CPB has a Return On Assets of 4.04%. This is in the better half of the industry: CPB outperforms 67.82% of its industry peers.
The Return On Equity of CPB (15.43%) is better than 85.06% of its industry peers.
CPB has a better Return On Invested Capital (8.43%) than 81.61% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CPB is significantly below the industry average of 28.35%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.04% | ||
| ROE | 15.43% | ||
| ROIC | 8.43% |
ROA(3y)4.96%
ROA(5y)5.96%
ROE(3y)17.94%
ROE(5y)21.66%
ROIC(3y)8.78%
ROIC(5y)9.55%
1.3 Margins
The Profit Margin of CPB (5.87%) is better than 74.71% of its industry peers.
In the last couple of years the Profit Margin of CPB has declined.
CPB has a Operating Margin of 13.90%. This is amongst the best in the industry. CPB outperforms 81.61% of its industry peers.
In the last couple of years the Operating Margin of CPB has declined.
Looking at the Gross Margin, with a value of 30.73%, CPB is in the better half of the industry, outperforming 70.11% of the companies in the same industry.
CPB's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.9% | ||
| PM (TTM) | 5.87% | ||
| GM | 30.73% |
OM growth 3Y-0.11%
OM growth 5Y-1.79%
PM growth 3Y-12.75%
PM growth 5Y-20.71%
GM growth 3Y-0.01%
GM growth 5Y-2.35%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CPB is still creating some value.
The number of shares outstanding for CPB remains at a similar level compared to 1 year ago.
CPB has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CPB has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.88 indicates that CPB is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of CPB (1.88) is comparable to the rest of the industry.
CPB has a debt to FCF ratio of 9.73. This is a negative value and a sign of low solvency as CPB would need 9.73 years to pay back of all of its debts.
With a Debt to FCF ratio value of 9.73, CPB perfoms like the industry average, outperforming 59.77% of the companies in the same industry.
A Debt/Equity ratio of 1.75 is on the high side and indicates that CPB has dependencies on debt financing.
CPB has a worse Debt to Equity ratio (1.75) than 83.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.75 | ||
| Debt/FCF | 9.73 | ||
| Altman-Z | 1.88 |
ROIC/WACC1.31
WACC6.44%
2.3 Liquidity
A Current Ratio of 0.77 indicates that CPB may have some problems paying its short term obligations.
The Current ratio of CPB (0.77) is worse than 82.76% of its industry peers.
CPB has a Quick Ratio of 0.77. This is a bad value and indicates that CPB is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of CPB (0.28) is worse than 89.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.28 |
3. Growth
3.1 Past
The earnings per share for CPB have decreased by -3.56% in the last year.
The Earnings Per Share has been growing slightly by 0.13% on average over the past years.
Looking at the last year, CPB shows a small growth in Revenue. The Revenue has grown by 6.40% in the last year.
CPB shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.36% yearly.
EPS 1Y (TTM)-3.56%
EPS 3Y1.62%
EPS 5Y0.13%
EPS Q2Q%-1.59%
Revenue 1Y (TTM)6.4%
Revenue growth 3Y6.19%
Revenue growth 5Y3.36%
Sales Q2Q%1.22%
3.2 Future
The Earnings Per Share is expected to grow by 5.30% on average over the next years.
CPB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.37% yearly.
EPS Next Y-16.06%
EPS Next 2Y-5.39%
EPS Next 3Y-2.21%
EPS Next 5Y5.3%
Revenue Next Year-3.21%
Revenue Next 2Y-1.05%
Revenue Next 3Y-0.09%
Revenue Next 5Y1.37%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CPB is valuated reasonably with a Price/Earnings ratio of 10.20.
CPB's Price/Earnings ratio is rather cheap when compared to the industry. CPB is cheaper than 86.21% of the companies in the same industry.
CPB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.02.
The Price/Forward Earnings ratio is 12.15, which indicates a correct valuation of CPB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CPB indicates a rather cheap valuation: CPB is cheaper than 82.76% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.57. CPB is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.2 | ||
| Fwd PE | 12.15 |
4.2 Price Multiples
CPB's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. CPB is cheaper than 70.11% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CPB indicates a somewhat cheap valuation: CPB is cheaper than 77.01% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.85 | ||
| EV/EBITDA | 8.02 |
4.3 Compensation for Growth
CPB has a very decent profitability rating, which may justify a higher PE ratio.
CPB's earnings are expected to decrease with -2.21% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)75.67
EPS Next 2Y-5.39%
EPS Next 3Y-2.21%
5. Dividend
5.1 Amount
CPB has a Yearly Dividend Yield of 5.22%, which is a nice return.
CPB's Dividend Yield is rather good when compared to the industry average which is at 5.10. CPB pays more dividend than 85.06% of the companies in the same industry.
CPB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.22% |
5.2 History
The dividend of CPB has a limited annual growth rate of 1.74%.
CPB has paid a dividend for at least 10 years, which is a reliable track record.
CPB has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.74%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
76.25% of the earnings are spent on dividend by CPB. This is not a sustainable payout ratio.
CPB's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP76.25%
EPS Next 2Y-5.39%
EPS Next 3Y-2.21%
30.39
+0.5 (+1.67%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners64.82%
Inst Owner Change0%
Ins Owners18.27%
Ins Owner Change0.63%
Market Cap9.06B
Analysts55.86
Price Target35.61 (17.18%)
Short Float %15.58%
Short Ratio4.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.22% |
Yearly Dividend1.54
Dividend Growth(5Y)1.74%
DP76.25%
Div Incr Years0
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.79%
Min EPS beat(2)9.42%
Max EPS beat(2)10.16%
EPS beat(4)4
Avg EPS beat(4)5.44%
Min EPS beat(4)0.9%
Max EPS beat(4)10.16%
EPS beat(8)8
Avg EPS beat(8)4.36%
EPS beat(12)11
Avg EPS beat(12)5.05%
EPS beat(16)13
Avg EPS beat(16)5.03%
Revenue beat(2)1
Avg Revenue beat(2)-0.31%
Min Revenue beat(2)-1.44%
Max Revenue beat(2)0.81%
Revenue beat(4)1
Avg Revenue beat(4)-1.37%
Min Revenue beat(4)-2.89%
Max Revenue beat(4)0.81%
Revenue beat(8)1
Avg Revenue beat(8)-1.09%
Revenue beat(12)3
Avg Revenue beat(12)-0.47%
Revenue beat(16)4
Avg Revenue beat(16)-0.55%
PT rev (1m)0.3%
PT rev (3m)-7.37%
EPS NQ rev (1m)-3.51%
EPS NQ rev (3m)-11.74%
EPS NY rev (1m)-6.71%
EPS NY rev (3m)-13.31%
Revenue NQ rev (1m)-1.61%
Revenue NQ rev (3m)-2.57%
Revenue NY rev (1m)-0.89%
Revenue NY rev (3m)-1.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.2 | ||
| Fwd PE | 12.15 | ||
| P/S | 0.88 | ||
| P/FCF | 12.85 | ||
| P/OCF | 8.01 | ||
| P/B | 2.32 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.02 |
EPS(TTM)2.98
EY9.81%
EPS(NY)2.5
Fwd EY8.23%
FCF(TTM)2.37
FCFY7.78%
OCF(TTM)3.8
OCFY12.49%
SpS34.41
BVpS13.09
TBVpS-18.27
PEG (NY)N/A
PEG (5Y)75.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.04% | ||
| ROE | 15.43% | ||
| ROCE | 11.88% | ||
| ROIC | 8.43% | ||
| ROICexc | 8.52% | ||
| ROICexgc | 33.09% | ||
| OM | 13.9% | ||
| PM (TTM) | 5.87% | ||
| GM | 30.73% | ||
| FCFM | 6.88% |
ROA(3y)4.96%
ROA(5y)5.96%
ROE(3y)17.94%
ROE(5y)21.66%
ROIC(3y)8.78%
ROIC(5y)9.55%
ROICexc(3y)8.9%
ROICexc(5y)9.66%
ROICexgc(3y)34.15%
ROICexgc(5y)38.39%
ROCE(3y)12.37%
ROCE(5y)13.19%
ROICexcg growth 3Y-10.38%
ROICexcg growth 5Y-12.07%
ROICexc growth 3Y-4.69%
ROICexc growth 5Y-5.25%
OM growth 3Y-0.11%
OM growth 5Y-1.79%
PM growth 3Y-12.75%
PM growth 5Y-20.71%
GM growth 3Y-0.01%
GM growth 5Y-2.35%
F-Score7
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.75 | ||
| Debt/FCF | 9.73 | ||
| Debt/EBITDA | 3.67 | ||
| Cap/Depr | 98.16% | ||
| Cap/Sales | 4.15% | ||
| Interest Coverage | 4.32 | ||
| Cash Conversion | 60.84% | ||
| Profit Quality | 117.11% | ||
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.28 | ||
| Altman-Z | 1.88 |
F-Score7
WACC6.44%
ROIC/WACC1.31
Cap/Depr(3y)106.52%
Cap/Depr(5y)95.62%
Cap/Sales(3y)4.49%
Cap/Sales(5y)3.91%
Profit Quality(3y)108.34%
Profit Quality(5y)104.98%
High Growth Momentum
Growth
EPS 1Y (TTM)-3.56%
EPS 3Y1.62%
EPS 5Y0.13%
EPS Q2Q%-1.59%
EPS Next Y-16.06%
EPS Next 2Y-5.39%
EPS Next 3Y-2.21%
EPS Next 5Y5.3%
Revenue 1Y (TTM)6.4%
Revenue growth 3Y6.19%
Revenue growth 5Y3.36%
Sales Q2Q%1.22%
Revenue Next Year-3.21%
Revenue Next 2Y-1.05%
Revenue Next 3Y-0.09%
Revenue Next 5Y1.37%
EBIT growth 1Y10.72%
EBIT growth 3Y6.07%
EBIT growth 5Y1.51%
EBIT Next Year18.45%
EBIT Next 3Y8.74%
EBIT Next 5Y8.41%
FCF growth 1Y5.54%
FCF growth 3Y-9.11%
FCF growth 5Y-8.46%
OCF growth 1Y-4.56%
OCF growth 3Y-1.43%
OCF growth 5Y-4.12%