FRESH DEL MONTE PRODUCE INC (FDP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FDP - KYG367381053 - Common Stock
35.11 USD
+0.35 (+1.01%)
35.11 USD
0 (0%)
FDP gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 87 industry peers in the Food Products industry. While FDP has a great health rating, its profitability is only average at the moment. FDP has a bad growth rate and is valued cheaply. FDP also has an excellent dividend rating. These ratings would make FDP suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
In the past year FDP was profitable.
In the past year FDP had a positive cash flow from operations.
Of the past 5 years FDP 4 years were profitable.
In the past 5 years FDP always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 2.58%, FDP perfoms like the industry average, outperforming 54.02% of the companies in the same industry.
FDP's Return On Equity of 3.93% is in line compared to the rest of the industry. FDP outperforms 51.72% of its industry peers.
The Return On Invested Capital of FDP (5.10%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for FDP is significantly below the industry average of 28.02%.
The 3 year average ROIC (4.70%) for FDP is below the current ROIC(5.10%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.58% | ||
| ROE | 3.93% | ||
| ROIC | 5.1% |
ROA(3y)2.36%
ROA(5y)2.18%
ROE(3y)3.91%
ROE(5y)3.8%
ROIC(3y)4.7%
ROIC(5y)3.9%
1.3 Margins
Looking at the Profit Margin, with a value of 1.84%, FDP is in line with its industry, outperforming 55.17% of the companies in the same industry.
FDP's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 3.75%, FDP is in line with its industry, outperforming 56.32% of the companies in the same industry.
FDP's Operating Margin has improved in the last couple of years.
FDP's Gross Margin of 8.38% is on the low side compared to the rest of the industry. FDP is outperformed by 68.97% of its industry peers.
FDP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.75% | ||
| PM (TTM) | 1.84% | ||
| GM | 8.38% |
OM growth 3Y12.98%
OM growth 5Y9.99%
PM growth 3Y20.87%
PM growth 5Y17.53%
GM growth 3Y5.38%
GM growth 5Y4.54%
2. Health
2.1 Basic Checks
FDP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for FDP has been increased compared to 1 year ago.
Compared to 5 years ago, FDP has about the same amount of shares outstanding.
Compared to 1 year ago, FDP has an improved debt to assets ratio.
2.2 Solvency
FDP has an Altman-Z score of 3.43. This indicates that FDP is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.43, FDP is in the better half of the industry, outperforming 74.71% of the companies in the same industry.
The Debt to FCF ratio of FDP is 1.01, which is an excellent value as it means it would take FDP, only 1.01 years of fcf income to pay off all of its debts.
FDP has a Debt to FCF ratio of 1.01. This is amongst the best in the industry. FDP outperforms 91.95% of its industry peers.
FDP has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of FDP (0.09) is better than 77.01% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.01 | ||
| Altman-Z | 3.43 |
ROIC/WACC0.62
WACC8.18%
2.3 Liquidity
FDP has a Current Ratio of 2.09. This indicates that FDP is financially healthy and has no problem in meeting its short term obligations.
FDP's Current ratio of 2.09 is fine compared to the rest of the industry. FDP outperforms 65.52% of its industry peers.
FDP has a Quick Ratio of 1.07. This is a normal value and indicates that FDP is financially healthy and should not expect problems in meeting its short term obligations.
FDP's Quick ratio of 1.07 is fine compared to the rest of the industry. FDP outperforms 65.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
FDP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.12%, which is quite good.
The Earnings Per Share has been growing by 17.83% on average over the past years. This is quite good.
Looking at the last year, FDP shows a small growth in Revenue. The Revenue has grown by 0.94% in the last year.
The Revenue has been decreasing by -0.95% on average over the past years.
EPS 1Y (TTM)16.12%
EPS 3Y12.87%
EPS 5Y17.83%
EPS Q2Q%-10.39%
Revenue 1Y (TTM)0.94%
Revenue growth 3Y0.22%
Revenue growth 5Y-0.95%
Sales Q2Q%0.24%
3.2 Future
The Earnings Per Share is expected to grow by 12.96% on average over the next years. This is quite good.
FDP is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.58% yearly.
EPS Next Y17.63%
EPS Next 2Y12.96%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.21%
Revenue Next 2Y-1.58%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
FDP is valuated correctly with a Price/Earnings ratio of 12.49.
Compared to the rest of the industry, the Price/Earnings ratio of FDP indicates a somewhat cheap valuation: FDP is cheaper than 75.86% of the companies listed in the same industry.
FDP's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.87.
The Price/Forward Earnings ratio is 11.32, which indicates a very decent valuation of FDP.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FDP indicates a somewhat cheap valuation: FDP is cheaper than 79.31% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of FDP to the average of the S&P500 Index (23.46), we can say FDP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.49 | ||
| Fwd PE | 11.32 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FDP indicates a somewhat cheap valuation: FDP is cheaper than 77.01% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, FDP is valued cheaply inside the industry as 86.21% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.52 | ||
| EV/EBITDA | 7.36 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FDP's earnings are expected to grow with 12.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.71
PEG (5Y)0.7
EPS Next 2Y12.96%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FDP has a Yearly Dividend Yield of 3.37%. Purely for dividend investing, there may be better candidates out there.
FDP's Dividend Yield is a higher than the industry average which is at 2.41.
FDP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.37% |
5.2 History
The dividend of FDP is nicely growing with an annual growth rate of 10.71%!
FDP has paid a dividend for at least 10 years, which is a reliable track record.
FDP has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)10.71%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
69.44% of the earnings are spent on dividend by FDP. This is not a sustainable payout ratio.
The dividend of FDP is growing, but earnings are growing more, so the dividend growth is sustainable.
DP69.44%
EPS Next 2Y12.96%
EPS Next 3YN/A
35.11
+0.35 (+1.01%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners73.68%
Inst Owner Change0%
Ins Owners17.82%
Ins Owner Change-1.3%
Market Cap1.68B
Revenue(TTM)4.32B
Net Income(TTM)79.20M
Analysts80
Price Target46.92 (33.64%)
Short Float %3.93%
Short Ratio4.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.37% |
Yearly Dividend1
Dividend Growth(5Y)10.71%
DP69.44%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)32.41%
Min EPS beat(2)28.19%
Max EPS beat(2)36.63%
EPS beat(4)2
Avg EPS beat(4)6.53%
Min EPS beat(4)-30.43%
Max EPS beat(4)36.63%
EPS beat(8)4
Avg EPS beat(8)12.29%
EPS beat(12)6
Avg EPS beat(12)101.88%
EPS beat(16)8
Avg EPS beat(16)82.01%
Revenue beat(2)1
Avg Revenue beat(2)-0.85%
Min Revenue beat(2)-2.86%
Max Revenue beat(2)1.15%
Revenue beat(4)1
Avg Revenue beat(4)-1.71%
Min Revenue beat(4)-2.95%
Max Revenue beat(4)1.15%
Revenue beat(8)1
Avg Revenue beat(8)-2.44%
Revenue beat(12)1
Avg Revenue beat(12)-2.88%
Revenue beat(16)4
Avg Revenue beat(16)-1.98%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-26.32%
EPS NY rev (1m)0%
EPS NY rev (3m)3.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.12%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.49 | ||
| Fwd PE | 11.32 | ||
| P/S | 0.39 | ||
| P/FCF | 9.52 | ||
| P/OCF | 7.31 | ||
| P/B | 0.83 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 7.36 |
EPS(TTM)2.81
EY8%
EPS(NY)3.1
Fwd EY8.83%
FCF(TTM)3.69
FCFY10.51%
OCF(TTM)4.8
OCFY13.68%
SpS90.35
BVpS42.17
TBVpS33.31
PEG (NY)0.71
PEG (5Y)0.7
Graham Number51.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.58% | ||
| ROE | 3.93% | ||
| ROCE | 6.46% | ||
| ROIC | 5.1% | ||
| ROICexc | 5.31% | ||
| ROICexgc | 6.44% | ||
| OM | 3.75% | ||
| PM (TTM) | 1.84% | ||
| GM | 8.38% | ||
| FCFM | 4.08% |
ROA(3y)2.36%
ROA(5y)2.18%
ROE(3y)3.91%
ROE(5y)3.8%
ROIC(3y)4.7%
ROIC(5y)3.9%
ROICexc(3y)4.76%
ROICexc(5y)3.94%
ROICexgc(3y)5.78%
ROICexgc(5y)4.83%
ROCE(3y)5.95%
ROCE(5y)4.94%
ROICexgc growth 3Y14.74%
ROICexgc growth 5Y9.67%
ROICexc growth 3Y16.45%
ROICexc growth 5Y10.8%
OM growth 3Y12.98%
OM growth 5Y9.99%
PM growth 3Y20.87%
PM growth 5Y17.53%
GM growth 3Y5.38%
GM growth 5Y4.54%
F-Score7
Asset Turnover1.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.01 | ||
| Debt/EBITDA | 0.75 | ||
| Cap/Depr | 71.54% | ||
| Cap/Sales | 1.23% | ||
| Interest Coverage | 9.47 | ||
| Cash Conversion | 97.04% | ||
| Profit Quality | 222.48% | ||
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.07 | ||
| Altman-Z | 3.43 |
F-Score7
WACC8.18%
ROIC/WACC0.62
Cap/Depr(3y)61.97%
Cap/Depr(5y)89.11%
Cap/Sales(3y)1.21%
Cap/Sales(5y)1.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)16.12%
EPS 3Y12.87%
EPS 5Y17.83%
EPS Q2Q%-10.39%
EPS Next Y17.63%
EPS Next 2Y12.96%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)0.94%
Revenue growth 3Y0.22%
Revenue growth 5Y-0.95%
Sales Q2Q%0.24%
Revenue Next Year0.21%
Revenue Next 2Y-1.58%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y1.76%
EBIT growth 3Y13.23%
EBIT growth 5Y8.95%
EBIT Next Year45.66%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y111.78%
FCF growth 3Y63.37%
FCF growth 5Y22.82%
OCF growth 1Y68.5%
OCF growth 3Y12.41%
OCF growth 5Y1.54%
FRESH DEL MONTE PRODUCE INC / FDP FAQ
Can you provide the ChartMill fundamental rating for FRESH DEL MONTE PRODUCE INC?
ChartMill assigns a fundamental rating of 6 / 10 to FDP.
Can you provide the valuation status for FRESH DEL MONTE PRODUCE INC?
ChartMill assigns a valuation rating of 7 / 10 to FRESH DEL MONTE PRODUCE INC (FDP). This can be considered as Undervalued.
What is the profitability of FDP stock?
FRESH DEL MONTE PRODUCE INC (FDP) has a profitability rating of 5 / 10.
What are the PE and PB ratios of FRESH DEL MONTE PRODUCE INC (FDP) stock?
The Price/Earnings (PE) ratio for FRESH DEL MONTE PRODUCE INC (FDP) is 12.49 and the Price/Book (PB) ratio is 0.83.
Can you provide the dividend sustainability for FDP stock?
The dividend rating of FRESH DEL MONTE PRODUCE INC (FDP) is 7 / 10 and the dividend payout ratio is 69.44%.