FRESH DEL MONTE PRODUCE INC (FDP) Stock Fundamental Analysis
NYSE:FDP - New York Stock Exchange, Inc. - KYG367381053 - Common Stock - Currency: USD
FDP gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 90 industry peers in the Food Products industry. While FDP has a great health rating, its profitability is only average at the moment. FDP is not valued too expensively and it also shows a decent growth rate. Finally FDP also has an excellent dividend rating. These ratings could make FDP a good candidate for dividend investing.
1. Profitability
1.1 Basic Checks
In the past year FDP was profitable.
FDP had a positive operating cash flow in the past year.
Of the past 5 years FDP 4 years were profitable.
Each year in the past 5 years FDP had a positive operating cash flow.
1.2 Ratios
FDP has a Return On Assets of 4.59%. This is in the better half of the industry: FDP outperforms 63.33% of its industry peers.
FDP's Return On Equity of 7.14% is in line compared to the rest of the industry. FDP outperforms 54.44% of its industry peers.
With a Return On Invested Capital value of 4.97%, FDP perfoms like the industry average, outperforming 48.89% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FDP is below the industry average of 8.94%.
The last Return On Invested Capital (4.97%) for FDP is above the 3 year average (4.70%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.59% | ||
| ROE | 7.14% | ||
| ROIC | 4.97% |
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's Profit Margin of 3.32% is in line compared to the rest of the industry. FDP outperforms 56.67% of its industry peers.
FDP's Profit Margin has improved in the last couple of years.
FDP's Operating Margin of 3.77% is in line compared to the rest of the industry. FDP outperforms 51.11% of its industry peers.
FDP's Operating Margin has improved in the last couple of years.
The Gross Margin of FDP (8.36%) is worse than 76.67% of its industry peers.
FDP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.77% | ||
| PM (TTM) | 3.32% | ||
| GM | 8.36% |
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.
The number of shares outstanding for FDP has been increased compared to 1 year ago.
The number of shares outstanding for FDP remains at a similar level compared to 5 years ago.
FDP has a better debt/assets ratio than last year.
2.2 Solvency
FDP has an Altman-Z score of 3.30. This indicates that FDP is financially healthy and has little risk of bankruptcy at the moment.
FDP has a Altman-Z score of 3.30. This is in the better half of the industry: FDP outperforms 73.33% of its industry peers.
FDP has a debt to FCF ratio of 1.91. This is a very positive value and a sign of high solvency as it would only need 1.91 years to pay back of all of its debts.
The Debt to FCF ratio of FDP (1.91) is better than 82.22% of its industry peers.
A Debt/Equity ratio of 0.13 indicates that FDP is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.13, FDP is doing good in the industry, outperforming 74.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.91 | ||
| Altman-Z | 3.3 |
ROIC/WACC0.6
WACC8.27%
2.3 Liquidity
A Current Ratio of 2.13 indicates that FDP has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.13, FDP is in the better half of the industry, outperforming 65.56% of the companies in the same industry.
A Quick Ratio of 1.01 indicates that FDP should not have too much problems paying its short term obligations.
FDP has a Quick ratio (1.01) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.13 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
FDP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 43.16%, which is quite impressive.
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 decrease in Revenue. The Revenue has decreased by -0.94% in the last year.
Measured over the past years, FDP shows a decrease in Revenue. The Revenue has been decreasing by -0.95% on average per year.
EPS 1Y (TTM)43.16%
EPS 3Y12.87%
EPS 5Y17.83%
EPS Q2Q%85.29%
Revenue 1Y (TTM)-0.94%
Revenue growth 3Y0.22%
Revenue growth 5Y-0.95%
Sales Q2Q%-0.86%
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 11.29% yearly.
Based on estimates for the next years, FDP will show a small growth in Revenue. The Revenue will grow by 1.86% on average per year.
EPS Next Y9.31%
EPS Next 2Y11.29%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.17%
Revenue Next 2Y1.86%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.24 indicates a correct valuation of FDP.
73.33% of the companies in the same industry are more expensive than FDP, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 28.18, FDP is valued rather cheaply.
A Price/Forward Earnings ratio of 11.06 indicates a reasonable valuation of FDP.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FDP indicates a rather cheap valuation: FDP is cheaper than 86.67% of the companies listed in the same industry.
FDP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 20.81, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.24 | ||
| Fwd PE | 11.06 |
4.2 Price Multiples
77.78% of the companies in the same industry are more expensive than FDP, based on the Enterprise Value to EBITDA ratio.
FDP's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. FDP is cheaper than 74.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.17 | ||
| EV/EBITDA | 7.58 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of FDP may justify a higher PE ratio.
PEG (NY)1.31
PEG (5Y)0.69
EPS Next 2Y11.29%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.29%, FDP has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.44, FDP pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, FDP pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.29% |
5.2 History
On average, the dividend of FDP grows each year by 10.71%, which is quite nice.
FDP has been paying a dividend for at least 10 years, so it has 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
33.61% of the earnings are spent on dividend by FDP. This is a low number and sustainable payout ratio.
FDP's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP33.61%
EPS Next 2Y11.29%
EPS Next 3YN/A
NYSE:FDP (5/5/2025, 1:00:28 PM)
33.28
-0.12 (-0.36%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners68.36%
Inst Owner Change-0.55%
Ins Owners21.93%
Ins Owner Change1.8%
Market Cap1.59B
Analysts80
Price Target38.76 (16.47%)
Short Float %2.62%
Short Ratio2.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.29% |
Yearly Dividend1
Dividend Growth(5Y)10.71%
DP33.61%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)15.04%
Min EPS beat(2)-30.43%
Max EPS beat(2)60.5%
EPS beat(4)2
Avg EPS beat(4)15.16%
Min EPS beat(4)-44.36%
Max EPS beat(4)74.92%
EPS beat(8)3
Avg EPS beat(8)9.49%
EPS beat(12)6
Avg EPS beat(12)133.43%
EPS beat(16)8
Avg EPS beat(16)82.33%
Revenue beat(2)0
Avg Revenue beat(2)-1.5%
Min Revenue beat(2)-2.95%
Max Revenue beat(2)-0.05%
Revenue beat(4)0
Avg Revenue beat(4)-3.05%
Min Revenue beat(4)-4.74%
Max Revenue beat(4)-0.05%
Revenue beat(8)0
Avg Revenue beat(8)-3.79%
Revenue beat(12)3
Avg Revenue beat(12)-2.12%
Revenue beat(16)3
Avg Revenue beat(16)-2.34%
PT rev (1m)0%
PT rev (3m)-2.56%
EPS NQ rev (1m)10.57%
EPS NQ rev (3m)-20.93%
EPS NY rev (1m)-2.59%
EPS NY rev (3m)-9.47%
Revenue NQ rev (1m)-0.62%
Revenue NQ rev (3m)-2.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.24 | ||
| Fwd PE | 11.06 | ||
| P/S | 0.37 | ||
| P/FCF | 12.17 | ||
| P/OCF | 8.73 | ||
| P/B | 0.8 | ||
| P/tB | 1.02 | ||
| EV/EBITDA | 7.58 |
EPS(TTM)2.72
EY8.17%
EPS(NY)3.01
Fwd EY9.04%
FCF(TTM)2.73
FCFY8.21%
OCF(TTM)3.81
OCFY11.46%
SpS89.45
BVpS41.6
TBVpS32.62
PEG (NY)1.31
PEG (5Y)0.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.59% | ||
| ROE | 7.14% | ||
| ROCE | 6.29% | ||
| ROIC | 4.97% | ||
| ROICexc | 5.03% | ||
| ROICexgc | 6.06% | ||
| OM | 3.77% | ||
| PM (TTM) | 3.32% | ||
| GM | 8.36% | ||
| FCFM | 3.06% |
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%
ROICexcg growth 3Y14.74%
ROICexcg 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-Score8
Asset Turnover1.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.91 | ||
| Debt/EBITDA | 1.04 | ||
| Cap/Depr | 65.86% | ||
| Cap/Sales | 1.21% | ||
| Interest Coverage | 7.94 | ||
| Cash Conversion | 76.14% | ||
| Profit Quality | 91.98% | ||
| Current Ratio | 2.13 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 3.3 |
F-Score8
WACC8.27%
ROIC/WACC0.6
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)43.16%
EPS 3Y12.87%
EPS 5Y17.83%
EPS Q2Q%85.29%
EPS Next Y9.31%
EPS Next 2Y11.29%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-0.94%
Revenue growth 3Y0.22%
Revenue growth 5Y-0.95%
Sales Q2Q%-0.86%
Revenue Next Year1.17%
Revenue Next 2Y1.86%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-1.77%
EBIT growth 3Y13.23%
EBIT growth 5Y8.95%
EBIT Next Year52.88%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y8.82%
FCF growth 3Y63.37%
FCF growth 5Y22.82%
OCF growth 1Y2.59%
OCF growth 3Y12.41%
OCF growth 5Y1.54%