FRESH DEL MONTE PRODUCE INC (FDP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FDP - KYG367381053 - Common Stock
34.73 USD
-0.38 (-1.08%)
34.73 USD
0 (0%)
Overall FDP gets a fundamental rating of 6 out of 10. We evaluated FDP 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. Finally FDP also has an excellent dividend rating. These ratings would make FDP suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
FDP had positive earnings in the past year.
FDP had a positive operating cash flow in the past year.
FDP had positive earnings in 4 of the past 5 years.
Each year in the past 5 years FDP had a positive operating cash flow.
1.2 Ratios
FDP has a Return On Assets of 2.58%. This is comparable to the rest of the industry: FDP outperforms 54.02% of its industry peers.
Looking at the Return On Equity, with a value of 3.93%, FDP is in line with its industry, outperforming 51.72% of the companies in the same industry.
FDP has a Return On Invested Capital of 5.10%. This is comparable to the rest of the industry: FDP outperforms 59.77% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FDP is significantly below the industry average of 28.02%.
The last Return On Invested Capital (5.10%) for FDP is above the 3 year average (4.70%), which is a sign of increasing profitability.
| 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
FDP has a Profit Margin (1.84%) which is in line with its industry peers.
In the last couple of years the Profit Margin of FDP has grown nicely.
FDP has a Operating Margin (3.75%) which is comparable to the rest of the industry.
FDP's Operating Margin has improved in the last couple of years.
The Gross Margin of FDP (8.38%) is worse than 68.97% of its industry peers.
In the last couple of years the Gross Margin of FDP has grown nicely.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FDP is destroying value.
Compared to 1 year ago, FDP has more shares outstanding
Compared to 5 years ago, FDP has about the same amount of shares outstanding.
FDP has a better debt/assets ratio than last year.
2.2 Solvency
FDP has an Altman-Z score of 3.44. This indicates that FDP is financially healthy and has little risk of bankruptcy at the moment.
FDP's Altman-Z score of 3.44 is fine compared to the rest of the industry. FDP outperforms 74.71% of its industry peers.
FDP has a debt to FCF ratio of 1.01. This is a very positive value and a sign of high solvency as it would only need 1.01 years to pay back of all of its debts.
FDP has a better Debt to FCF ratio (1.01) than 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.
With a decent Debt to Equity ratio value of 0.09, FDP is doing good in the industry, outperforming 77.01% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.01 | ||
| Altman-Z | 3.44 |
ROIC/WACC0.62
WACC8.17%
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.
With a decent Current ratio value of 2.09, FDP is doing good in the industry, outperforming 65.52% of the companies in the same industry.
A Quick Ratio of 1.07 indicates that FDP should not have too much problems paying its short term obligations.
The Quick ratio of FDP (1.07) is better than 65.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.12% over the past year.
Measured over the past years, FDP shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.83% on average per year.
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
FDP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.96% yearly.
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.
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
Based on the Price/Earnings ratio of 12.36, the valuation of FDP can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of FDP indicates a somewhat cheap valuation: FDP is cheaper than 74.71% 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 26.92.
A Price/Forward Earnings ratio of 11.20 indicates a reasonable valuation of FDP.
Based on the Price/Forward Earnings ratio, FDP is valued a bit cheaper than 79.31% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.57. FDP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.36 | ||
| Fwd PE | 11.2 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FDP is valued a bit cheaper than the industry average as 77.01% of the companies are valued more expensively.
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 | 9.42 | ||
| EV/EBITDA | 7.43 |
4.3 Compensation for Growth
FDP's 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)0.7
PEG (5Y)0.69
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 2.40.
Compared to an average S&P500 Dividend Yield of 1.94, FDP pays a better dividend.
| 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 been paying a dividend for at least 10 years, so it has a reliable track record.
As FDP did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)10.71%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
FDP pays out 69.44% of its income as dividend. This is not a sustainable payout ratio.
FDP's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP69.44%
EPS Next 2Y12.96%
EPS Next 3YN/A
34.73
-0.38 (-1.08%)
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 Cap1.66B
Revenue(TTM)4.32B
Net Income(TTM)79.20M
Analysts80
Price Target46.92 (35.1%)
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 | 12.36 | ||
| Fwd PE | 11.2 | ||
| P/S | 0.38 | ||
| P/FCF | 9.42 | ||
| P/OCF | 7.23 | ||
| P/B | 0.82 | ||
| P/tB | 1.04 | ||
| EV/EBITDA | 7.43 |
EPS(TTM)2.81
EY8.09%
EPS(NY)3.1
Fwd EY8.93%
FCF(TTM)3.69
FCFY10.62%
OCF(TTM)4.8
OCFY13.83%
SpS90.35
BVpS42.17
TBVpS33.31
PEG (NY)0.7
PEG (5Y)0.69
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 | 3.44 |
F-Score7
WACC8.17%
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 12.36 and the Price/Book (PB) ratio is 0.82.
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%.