FRESH DEL MONTE PRODUCE INC (FDP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:FDP - KYG367381053 - Common Stock
36.07 USD
-1.48 (-3.94%)
36 USD
-0.07 (-0.19%)
We assign a fundamental rating of 6 out of 10 to FDP. FDP was compared to 87 industry peers in the Food Products industry. FDP has an excellent financial health rating, but there are some minor concerns on its profitability. FDP has a bad growth rate and is valued cheaply. FDP also has an excellent dividend rating. These ratings could make FDP a good candidate 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
FDP has a Return On Assets of 2.58%. This is comparable to the rest of the industry: FDP outperforms 52.87% of its industry peers.
FDP has a Return On Equity (3.93%) which is comparable to the rest of the industry.
With a Return On Invested Capital value of 5.10%, FDP perfoms like the industry average, outperforming 59.77% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FDP is significantly below the industry average of 28.50%.
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 of 1.84%. This is comparable to the rest of the industry: FDP outperforms 55.17% of its industry peers.
FDP's Profit Margin has improved in the last couple of years.
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.
FDP has a Gross Margin of 8.38%. This is in the lower half of the industry: FDP underperforms 70.11% 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.
FDP has more shares outstanding than it did 1 year ago.
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
An Altman-Z score of 3.50 indicates that FDP is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.50, FDP is in the better half of the industry, outperforming 75.86% of the companies in the same industry.
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.
With an excellent Debt to FCF ratio value of 1.01, FDP belongs to the best of the industry, outperforming 93.10% of the companies in the same industry.
FDP has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.09, FDP is in the better half of the industry, outperforming 74.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.01 | ||
| Altman-Z | 3.5 |
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.
FDP's Current ratio of 2.09 is fine compared to the rest of the industry. FDP outperforms 65.52% of its industry peers.
A Quick Ratio of 1.07 indicates that FDP should not have too much problems paying 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.
FDP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.83% yearly.
FDP shows a small growth in Revenue. In the last year, the Revenue has grown by 0.94%.
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
Based on estimates for the next years, FDP will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.96% on average per year.
The Revenue is expected to decrease by -1.58% on average over the next years.
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
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.84 indicates a correct valuation of FDP.
70.11% of the companies in the same industry are more expensive than FDP, based on the Price/Earnings ratio.
FDP is valuated cheaply when we compare the Price/Earnings ratio to 26.61, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 11.63, the valuation of FDP can be described as reasonable.
FDP's Price/Forward Earnings ratio is rather cheap when compared to the industry. FDP is cheaper than 80.46% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 24.01. FDP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.84 | ||
| Fwd PE | 11.63 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FDP is valued a bit cheaper than the industry average as 72.41% of the companies are valued more expensively.
FDP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FDP is cheaper than 87.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.78 | ||
| EV/EBITDA | 7.93 |
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)0.73
PEG (5Y)0.72
EPS Next 2Y12.96%
EPS Next 3YN/A
5. Dividend
5.1 Amount
FDP has a Yearly Dividend Yield of 3.10%.
Compared to an average industry Dividend Yield of 2.36, FDP pays a bit more dividend than its industry peers.
FDP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.1% |
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.
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
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
36.07
-1.48 (-3.94%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners73.65%
Inst Owner Change-0.08%
Ins Owners17.88%
Ins Owner Change-1.3%
Market Cap1.72B
Revenue(TTM)4.32B
Net Income(TTM)79.20M
Analysts80
Price Target46.92 (30.08%)
Short Float %4.13%
Short Ratio5.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.1% |
Yearly Dividend1
Dividend Growth(5Y)10.71%
DP69.44%
Div Incr Years5
Div Non Decr Years5
Ex-Date
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 | 12.84 | ||
| Fwd PE | 11.63 | ||
| P/S | 0.4 | ||
| P/FCF | 9.78 | ||
| P/OCF | 7.51 | ||
| P/B | 0.86 | ||
| P/tB | 1.08 | ||
| EV/EBITDA | 7.93 |
EPS(TTM)2.81
EY7.79%
EPS(NY)3.1
Fwd EY8.6%
FCF(TTM)3.69
FCFY10.23%
OCF(TTM)4.8
OCFY13.32%
SpS90.35
BVpS42.17
TBVpS33.31
PEG (NY)0.73
PEG (5Y)0.72
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 | 3.5 |
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.
What is the valuation status for FDP stock?
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.
How financially healthy is FRESH DEL MONTE PRODUCE INC?
The financial health rating of FRESH DEL MONTE PRODUCE INC (FDP) is 7 / 10.
What is the expected EPS growth for FRESH DEL MONTE PRODUCE INC (FDP) stock?
The Earnings per Share (EPS) of FRESH DEL MONTE PRODUCE INC (FDP) is expected to grow by 17.63% in the next year.