DOLE PLC (DOLE) Stock Fundamental Analysis
NYSE:DOLE - New York Stock Exchange, Inc. - IE0003LFZ4U7 - Common Stock - Currency: USD
Overall DOLE gets a fundamental rating of 5 out of 10. We evaluated DOLE against 89 industry peers in the Food Products industry. DOLE has a medium profitability rating, but doesn't score so well on its financial health evaluation. DOLE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
DOLE had positive earnings in the past year.
DOLE had a positive operating cash flow in the past year.
Of the past 5 years DOLE 4 years were profitable.
Each year in the past 5 years DOLE had a positive operating cash flow.
1.2 Ratios
DOLE has a Return On Assets (2.09%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 7.05%, DOLE is in line with its industry, outperforming 58.43% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.75%, DOLE is in the better half of the industry, outperforming 62.92% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for DOLE is significantly below the industry average of 29.14%.
The 3 year average ROIC (4.79%) for DOLE is below the current ROIC(5.75%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.09% | ||
| ROE | 7.05% | ||
| ROIC | 5.75% |
ROA(3y)2.48%
ROA(5y)2.01%
ROE(3y)9.03%
ROE(5y)7.25%
ROIC(3y)4.79%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 1.12%, DOLE is in line with its industry, outperforming 42.70% of the companies in the same industry.
In the last couple of years the Profit Margin of DOLE has grown nicely.
With a Operating Margin value of 2.74%, DOLE perfoms like the industry average, outperforming 46.07% of the companies in the same industry.
DOLE's Operating Margin has improved in the last couple of years.
DOLE has a worse Gross Margin (8.34%) than 76.40% of its industry peers.
DOLE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.74% | ||
| PM (TTM) | 1.12% | ||
| GM | 8.34% |
OM growth 3YN/A
OM growth 5Y19.19%
PM growth 3YN/A
PM growth 5Y2.29%
GM growth 3Y16.12%
GM growth 5Y3.13%
2. Health
2.1 Basic Checks
DOLE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, DOLE has about the same amount of shares outstanding.
The number of shares outstanding for DOLE has been increased compared to 5 years ago.
Compared to 1 year ago, DOLE has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.62 indicates that DOLE is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of DOLE (2.62) is better than 62.92% of its industry peers.
The Debt to FCF ratio of DOLE is 10.23, which is on the high side as it means it would take DOLE, 10.23 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of DOLE (10.23) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.71 indicates that DOLE is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.71, DOLE is in line with its industry, outperforming 40.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 10.23 | ||
| Altman-Z | 2.62 |
ROIC/WACC0.91
WACC6.33%
2.3 Liquidity
DOLE has a Current Ratio of 1.26. This is a normal value and indicates that DOLE is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of DOLE (1.26) is worse than 66.29% of its industry peers.
A Quick Ratio of 0.98 indicates that DOLE may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.98, DOLE is in line with its industry, outperforming 57.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
The earnings per share for DOLE have decreased strongly by -11.19% in the last year.
Measured over the past years, DOLE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.30% on average per year.
The Revenue has been growing slightly by 0.91% in the past year.
DOLE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.26% yearly.
EPS 1Y (TTM)-11.19%
EPS 3YN/A
EPS 5Y17.3%
EPS Q2Q%-18.6%
Revenue 1Y (TTM)0.91%
Revenue growth 3Y9.5%
Revenue growth 5Y15.26%
Sales Q2Q%-1.02%
3.2 Future
DOLE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.88% yearly.
The Revenue is expected to grow by 2.73% on average over the next years.
EPS Next Y4.17%
EPS Next 2Y9.73%
EPS Next 3Y6.88%
EPS Next 5YN/A
Revenue Next Year3.56%
Revenue Next 2Y2.74%
Revenue Next 3Y2.73%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.30 indicates a reasonable valuation of DOLE.
DOLE's Price/Earnings ratio is a bit cheaper when compared to the industry. DOLE is cheaper than 75.28% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.41. DOLE is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 8.80, the valuation of DOLE can be described as reasonable.
Based on the Price/Forward Earnings ratio, DOLE is valued cheaper than 91.01% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 33.87. DOLE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.3 | ||
| Fwd PE | 8.8 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DOLE indicates a rather cheap valuation: DOLE is cheaper than 80.90% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, DOLE is valued a bit cheaper than the industry average as 76.40% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.24 | ||
| EV/EBITDA | 6.32 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
DOLE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.71
PEG (5Y)0.65
EPS Next 2Y9.73%
EPS Next 3Y6.88%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.23%, DOLE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.71, DOLE pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.39, DOLE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.23% |
5.2 History
DOLE has been paying a dividend for over 5 years, so it has already some track record.
DOLE has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
DOLE pays out 32.59% of its income as dividend. This is a sustainable payout ratio.
DP32.59%
EPS Next 2Y9.73%
EPS Next 3Y6.88%
13.45
-1.18 (-8.07%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners54.49%
Inst Owner Change0.38%
Ins Owners12.53%
Ins Owner ChangeN/A
Market Cap1.28B
Analysts78
Price Target17.6 (30.86%)
Short Float %2.13%
Short Ratio2.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.23% |
Yearly Dividend0.32
Dividend Growth(5Y)N/A
DP32.59%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)48.57%
Min EPS beat(2)-12.02%
Max EPS beat(2)109.15%
EPS beat(4)2
Avg EPS beat(4)25.72%
Min EPS beat(4)-12.02%
Max EPS beat(4)109.15%
EPS beat(8)6
Avg EPS beat(8)51.26%
EPS beat(12)10
Avg EPS beat(12)50.74%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)2.3%
Min Revenue beat(2)0.4%
Max Revenue beat(2)4.21%
Revenue beat(4)3
Avg Revenue beat(4)1.32%
Min Revenue beat(4)-0.52%
Max Revenue beat(4)4.21%
Revenue beat(8)3
Avg Revenue beat(8)-2.32%
Revenue beat(12)4
Avg Revenue beat(12)-4.09%
Revenue beat(16)4
Avg Revenue beat(16)-8.97%
PT rev (1m)0%
PT rev (3m)4.55%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.82%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.3 | ||
| Fwd PE | 8.8 | ||
| P/S | 0.15 | ||
| P/FCF | 13.24 | ||
| P/OCF | 5.99 | ||
| P/B | 0.96 | ||
| P/tB | 2.25 | ||
| EV/EBITDA | 6.32 |
EPS(TTM)1.19
EY8.85%
EPS(NY)1.53
Fwd EY11.37%
FCF(TTM)1.02
FCFY7.55%
OCF(TTM)2.25
OCFY16.7%
SpS88.85
BVpS14.06
TBVpS5.99
PEG (NY)2.71
PEG (5Y)0.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.09% | ||
| ROE | 7.05% | ||
| ROCE | 7.83% | ||
| ROIC | 5.75% | ||
| ROICexc | 6.3% | ||
| ROICexgc | 8.8% | ||
| OM | 2.74% | ||
| PM (TTM) | 1.12% | ||
| GM | 8.34% | ||
| FCFM | 1.14% |
ROA(3y)2.48%
ROA(5y)2.01%
ROE(3y)9.03%
ROE(5y)7.25%
ROIC(3y)4.79%
ROIC(5y)N/A
ROICexc(3y)5.33%
ROICexc(5y)N/A
ROICexgc(3y)7.77%
ROICexgc(5y)N/A
ROCE(3y)6.52%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y13.31%
ROICexc growth 3YN/A
ROICexc growth 5Y13.52%
OM growth 3YN/A
OM growth 5Y19.19%
PM growth 3YN/A
PM growth 5Y2.29%
GM growth 3Y16.12%
GM growth 5Y3.13%
F-Score5
Asset Turnover1.87
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 10.23 | ||
| Debt/EBITDA | 2.83 | ||
| Cap/Depr | 115.6% | ||
| Cap/Sales | 1.38% | ||
| Interest Coverage | 3.48 | ||
| Cash Conversion | 64.17% | ||
| Profit Quality | 102.5% | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | 2.62 |
F-Score5
WACC6.33%
ROIC/WACC0.91
Cap/Depr(3y)77.72%
Cap/Depr(5y)77.37%
Cap/Sales(3y)0.99%
Cap/Sales(5y)0.91%
Profit Quality(3y)161.36%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-11.19%
EPS 3YN/A
EPS 5Y17.3%
EPS Q2Q%-18.6%
EPS Next Y4.17%
EPS Next 2Y9.73%
EPS Next 3Y6.88%
EPS Next 5YN/A
Revenue 1Y (TTM)0.91%
Revenue growth 3Y9.5%
Revenue growth 5Y15.26%
Sales Q2Q%-1.02%
Revenue Next Year3.56%
Revenue Next 2Y2.74%
Revenue Next 3Y2.73%
Revenue Next 5YN/A
EBIT growth 1Y-2.57%
EBIT growth 3YN/A
EBIT growth 5Y37.38%
EBIT Next Year51.3%
EBIT Next 3Y17.15%
EBIT Next 5YN/A
FCF growth 1Y-67.66%
FCF growth 3YN/A
FCF growth 5Y33.3%
OCF growth 1Y-46.5%
OCF growth 3Y159.12%
OCF growth 5Y30.56%