FLOWERS FOODS INC (FLO) Stock Fundamental Analysis
USA - NYSE:FLO - US3434981011 - Common Stock
13.155 USD
+0.05 (+0.42%)
We assign a fundamental rating of 5 out of 10 to FLO. FLO was compared to 89 industry peers in the Food Products industry. While FLO has a great profitability rating, there are some minor concerns on its financial health. FLO has a valuation in line with the averages, but it does not seem to be growing. Finally FLO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
FLO had positive earnings in the past year.
In the past year FLO had a positive cash flow from operations.
In the past 5 years FLO has always been profitable.
In the past 5 years FLO always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.05%, FLO is in the better half of the industry, outperforming 69.66% of the companies in the same industry.
FLO has a Return On Equity of 15.37%. This is amongst the best in the industry. FLO outperforms 83.15% of its industry peers.
FLO has a better Return On Invested Capital (7.62%) than 74.16% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FLO is significantly below the industry average of 27.85%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.05% | ||
| ROE | 15.37% | ||
| ROIC | 7.62% |
ROA(3y)5.93%
ROA(5y)5.74%
ROE(3y)14.18%
ROE(5y)13.65%
ROIC(3y)9.98%
ROIC(5y)9.92%
1.3 Margins
FLO has a better Profit Margin (4.30%) than 66.29% of its industry peers.
In the last couple of years the Profit Margin of FLO has grown nicely.
FLO has a Operating Margin of 7.31%. This is in the better half of the industry: FLO outperforms 67.42% of its industry peers.
FLO's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 49.38%, FLO belongs to the best of the industry, outperforming 98.88% of the companies in the same industry.
FLO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.31% | ||
| PM (TTM) | 4.3% | ||
| GM | 49.38% |
OM growth 3Y-3.43%
OM growth 5Y4.23%
PM growth 3Y0.7%
PM growth 5Y4.04%
GM growth 3Y-0.18%
GM growth 5Y0.73%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FLO is creating some value.
The number of shares outstanding for FLO remains at a similar level compared to 1 year ago.
Compared to 5 years ago, FLO has less shares outstanding
Compared to 1 year ago, FLO has an improved debt to assets ratio.
2.2 Solvency
FLO has an Altman-Z score of 2.38. This is not the best score and indicates that FLO is in the grey zone with still only limited risk for bankruptcy at the moment.
FLO has a Altman-Z score (2.38) which is in line with its industry peers.
FLO has a debt to FCF ratio of 4.59. This is a neutral value as FLO would need 4.59 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 4.59, FLO is doing good in the industry, outperforming 75.28% of the companies in the same industry.
FLO has a Debt/Equity ratio of 1.23. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of FLO (1.23) is worse than 75.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 4.59 | ||
| Altman-Z | 2.38 |
ROIC/WACC1.07
WACC7.09%
2.3 Liquidity
A Current Ratio of 1.26 indicates that FLO should not have too much problems paying its short term obligations.
FLO's Current ratio of 1.26 is on the low side compared to the rest of the industry. FLO is outperformed by 67.42% of its industry peers.
A Quick Ratio of 0.74 indicates that FLO may have some problems paying its short term obligations.
With a Quick ratio value of 0.74, FLO is not doing good in the industry: 62.92% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
The earnings per share for FLO have decreased by -1.64% in the last year.
The Earnings Per Share has been growing slightly by 5.70% on average over the past years.
FLO shows a decrease in Revenue. In the last year, the revenue decreased by -0.61%.
FLO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.35% yearly.
EPS 1Y (TTM)-1.64%
EPS 3Y1.34%
EPS 5Y5.7%
EPS Q2Q%-16.67%
Revenue 1Y (TTM)-0.61%
Revenue growth 3Y5.63%
Revenue growth 5Y4.35%
Sales Q2Q%1.46%
3.2 Future
Based on estimates for the next years, FLO will show a decrease in Earnings Per Share. The EPS will decrease by -1.95% on average per year.
Based on estimates for the next years, FLO will show a small growth in Revenue. The Revenue will grow by 1.04% on average per year.
EPS Next Y-15.91%
EPS Next 2Y-8.18%
EPS Next 3Y-5.05%
EPS Next 5Y-1.95%
Revenue Next Year2.8%
Revenue Next 2Y1.43%
Revenue Next 3Y0.99%
Revenue Next 5Y1.04%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 10.96 indicates a reasonable valuation of FLO.
Compared to the rest of the industry, the Price/Earnings ratio of FLO indicates a somewhat cheap valuation: FLO is cheaper than 79.78% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of FLO to the average of the S&P500 Index (27.38), we can say FLO is valued rather cheaply.
A Price/Forward Earnings ratio of 12.19 indicates a correct valuation of FLO.
Based on the Price/Forward Earnings ratio, FLO is valued cheaply inside the industry as 80.90% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of FLO to the average of the S&P500 Index (22.86), we can say FLO is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.96 | ||
| Fwd PE | 12.19 |
4.2 Price Multiples
FLO's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. FLO is cheaper than 66.29% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, FLO is valued cheaply inside the industry as 87.64% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.24 | ||
| EV/EBITDA | 8.41 |
4.3 Compensation for Growth
FLO has a very decent profitability rating, which may justify a higher PE ratio.
FLO's earnings are expected to decrease with -5.05% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)1.92
EPS Next 2Y-8.18%
EPS Next 3Y-5.05%
5. Dividend
5.1 Amount
FLO has a Yearly Dividend Yield of 7.44%, which is a nice return.
FLO's Dividend Yield is rather good when compared to the industry average which is at 5.12. FLO pays more dividend than 93.26% of the companies in the same industry.
FLO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.44% |
5.2 History
The dividend of FLO is nicely growing with an annual growth rate of 7.46%!
FLO has paid a dividend for at least 10 years, which is a reliable track record.
FLO has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.46%
Div Incr Years22
Div Non Decr Years22
5.3 Sustainability
FLO pays out 93.80% of its income as dividend. This is not a sustainable payout ratio.
FLO's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP93.8%
EPS Next 2Y-8.18%
EPS Next 3Y-5.05%
NYSE:FLO (9/22/2025, 3:06:58 PM)
13.155
+0.05 (+0.42%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners80.73%
Inst Owner Change2.52%
Ins Owners2.34%
Ins Owner Change0.23%
Market Cap2.78B
Analysts52
Price Target16.7 (26.95%)
Short Float %9.7%
Short Ratio6.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.44% |
Yearly Dividend0.96
Dividend Growth(5Y)7.46%
DP93.8%
Div Incr Years22
Div Non Decr Years22
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.65%
Min EPS beat(2)-7.75%
Max EPS beat(2)0.45%
EPS beat(4)3
Avg EPS beat(4)2.21%
Min EPS beat(4)-7.75%
Max EPS beat(4)11.18%
EPS beat(8)5
Avg EPS beat(8)0.31%
EPS beat(12)7
Avg EPS beat(12)1.66%
EPS beat(16)10
Avg EPS beat(16)3.51%
Revenue beat(2)0
Avg Revenue beat(2)-3.26%
Min Revenue beat(2)-3.76%
Max Revenue beat(2)-2.75%
Revenue beat(4)0
Avg Revenue beat(4)-2.73%
Min Revenue beat(4)-3.76%
Max Revenue beat(4)-1.69%
Revenue beat(8)0
Avg Revenue beat(8)-2.2%
Revenue beat(12)2
Avg Revenue beat(12)-1.69%
Revenue beat(16)4
Avg Revenue beat(16)-1.28%
PT rev (1m)-9.66%
PT rev (3m)-12.67%
EPS NQ rev (1m)-4.73%
EPS NQ rev (3m)-11.49%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.9%
Revenue NQ rev (1m)-0.56%
Revenue NQ rev (3m)-1.51%
Revenue NY rev (1m)-0.13%
Revenue NY rev (3m)-1.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.96 | ||
| Fwd PE | 12.19 | ||
| P/S | 0.54 | ||
| P/FCF | 7.24 | ||
| P/OCF | 5.44 | ||
| P/B | 1.95 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.41 |
EPS(TTM)1.2
EY9.12%
EPS(NY)1.08
Fwd EY8.2%
FCF(TTM)1.82
FCFY13.8%
OCF(TTM)2.42
OCFY18.38%
SpS24.14
BVpS6.76
TBVpS-3.6
PEG (NY)N/A
PEG (5Y)1.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.05% | ||
| ROE | 15.37% | ||
| ROCE | 9.92% | ||
| ROIC | 7.62% | ||
| ROICexc | 7.64% | ||
| ROICexgc | 18.29% | ||
| OM | 7.31% | ||
| PM (TTM) | 4.3% | ||
| GM | 49.38% | ||
| FCFM | 7.52% |
ROA(3y)5.93%
ROA(5y)5.74%
ROE(3y)14.18%
ROE(5y)13.65%
ROIC(3y)9.98%
ROIC(5y)9.92%
ROICexc(3y)10.22%
ROICexc(5y)10.45%
ROICexgc(3y)19.22%
ROICexgc(5y)20.02%
ROCE(3y)13.04%
ROCE(5y)12.97%
ROICexcg growth 3Y-3.32%
ROICexcg growth 5Y5.84%
ROICexc growth 3Y-1.65%
ROICexc growth 5Y7.13%
OM growth 3Y-3.43%
OM growth 5Y4.23%
PM growth 3Y0.7%
PM growth 5Y4.04%
GM growth 3Y-0.18%
GM growth 5Y0.73%
F-Score7
Asset Turnover1.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.23 | ||
| Debt/FCF | 4.59 | ||
| Debt/EBITDA | 3.29 | ||
| Cap/Depr | 77.92% | ||
| Cap/Sales | 2.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 95.31% | ||
| Profit Quality | 174.74% | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 2.38 |
F-Score7
WACC7.09%
ROIC/WACC1.07
Cap/Depr(3y)95.72%
Cap/Depr(5y)92.68%
Cap/Sales(3y)2.88%
Cap/Sales(5y)2.85%
Profit Quality(3y)125.18%
Profit Quality(5y)141.19%
High Growth Momentum
Growth
EPS 1Y (TTM)-1.64%
EPS 3Y1.34%
EPS 5Y5.7%
EPS Q2Q%-16.67%
EPS Next Y-15.91%
EPS Next 2Y-8.18%
EPS Next 3Y-5.05%
EPS Next 5Y-1.95%
Revenue 1Y (TTM)-0.61%
Revenue growth 3Y5.63%
Revenue growth 5Y4.35%
Sales Q2Q%1.46%
Revenue Next Year2.8%
Revenue Next 2Y1.43%
Revenue Next 3Y0.99%
Revenue Next 5Y1.04%
EBIT growth 1Y4.7%
EBIT growth 3Y2%
EBIT growth 5Y8.76%
EBIT Next Year47.38%
EBIT Next 3Y14.54%
EBIT Next 5Y8.49%
FCF growth 1Y130.51%
FCF growth 3Y12.24%
FCF growth 5Y1.28%
OCF growth 1Y66.92%
OCF growth 3Y6.19%
OCF growth 5Y2.37%