GENERAL MILLS INC (GRM.DE) Stock Fundamental Analysis
Europe - FRA:GRM - US3703341046 - Common Stock
40.735 EUR
+0.42 (+1.05%)
GRM gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 59 industry peers in the Food Products industry. GRM has an excellent profitability rating, but there are concerns on its financial health. GRM is valued correctly, but it does not seem to be growing. Finally GRM also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year GRM was profitable.
In the past year GRM had a positive cash flow from operations.
Each year in the past 5 years GRM has been profitable.
In the past 5 years GRM always reported a positive cash flow from operatings.
1.2 Ratios
GRM's Return On Assets of 8.84% is amongst the best of the industry. GRM outperforms 86.44% of its industry peers.
GRM has a Return On Equity of 30.71%. This is amongst the best in the industry. GRM outperforms 91.53% of its industry peers.
The Return On Invested Capital of GRM (10.30%) is better than 88.14% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GRM is above the industry average of 7.26%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.84% | ||
| ROE | 30.71% | ||
| ROIC | 10.3% |
ROA(3y)7.71%
ROA(5y)7.84%
ROE(3y)25.45%
ROE(5y)25.35%
ROIC(3y)10.86%
ROIC(5y)11.02%
1.3 Margins
With an excellent Profit Margin value of 15.24%, GRM belongs to the best of the industry, outperforming 93.22% of the companies in the same industry.
GRM's Profit Margin has been stable in the last couple of years.
With an excellent Operating Margin value of 16.84%, GRM belongs to the best of the industry, outperforming 93.22% of the companies in the same industry.
GRM's Operating Margin has been stable in the last couple of years.
The Gross Margin of GRM (34.39%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of GRM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.84% | ||
| PM (TTM) | 15.24% | ||
| GM | 34.39% |
OM growth 3Y-0.78%
OM growth 5Y0.01%
PM growth 3Y-6.16%
PM growth 5Y-0.98%
GM growth 3Y0.86%
GM growth 5Y-0.37%
2. Health
2.1 Basic Checks
GRM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for GRM has been reduced compared to 1 year ago.
Compared to 5 years ago, GRM has less shares outstanding
Compared to 1 year ago, GRM has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.41 indicates that GRM is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of GRM (2.41) is comparable to the rest of the industry.
The Debt to FCF ratio of GRM is 6.87, which is on the high side as it means it would take GRM, 6.87 years of fcf income to pay off all of its debts.
GRM's Debt to FCF ratio of 6.87 is in line compared to the rest of the industry. GRM outperforms 57.63% of its industry peers.
GRM has a Debt/Equity ratio of 1.29. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.29, GRM is doing worse than 81.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 6.87 | ||
| Altman-Z | 2.41 |
ROIC/WACC1.61
WACC6.38%
2.3 Liquidity
GRM has a Current Ratio of 0.66. This is a bad value and indicates that GRM is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.66, GRM is doing worse than 88.14% of the companies in the same industry.
GRM has a Quick Ratio of 0.66. This is a bad value and indicates that GRM is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.40, GRM is not doing good in the industry: 84.75% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
GRM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.11%.
GRM shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.12% yearly.
The Revenue has decreased by -3.26% in the past year.
The Revenue has been growing slightly by 2.03% on average over the past years.
EPS 1Y (TTM)-11.11%
EPS 3Y2.23%
EPS 5Y3.12%
EPS Q2Q%-19.63%
Revenue 1Y (TTM)-3.26%
Revenue growth 3Y0.86%
Revenue growth 5Y2.03%
Sales Q2Q%-6.82%
3.2 Future
Based on estimates for the next years, GRM will show a small growth in Earnings Per Share. The EPS will grow by 0.42% on average per year.
The Revenue is expected to decrease by -0.04% on average over the next years.
EPS Next Y-12.43%
EPS Next 2Y-4.52%
EPS Next 3Y-1.09%
EPS Next 5Y0.42%
Revenue Next Year-4.69%
Revenue Next 2Y-2.59%
Revenue Next 3Y-1.11%
Revenue Next 5Y-0.04%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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
With a Price/Earnings ratio of 11.77, the valuation of GRM can be described as very reasonable.
Based on the Price/Earnings ratio, GRM is valued a bit cheaper than 69.49% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.19, GRM is valued rather cheaply.
With a Price/Forward Earnings ratio of 12.26, GRM is valued correctly.
Based on the Price/Forward Earnings ratio, GRM is valued a bit cheaper than 62.71% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of GRM to the average of the S&P500 Index (22.50), we can say GRM is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.77 | ||
| Fwd PE | 12.26 |
4.2 Price Multiples
GRM's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, GRM is valued a bit cheaper than the industry average as 76.27% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.97 | ||
| EV/EBITDA | 10.23 |
4.3 Compensation for Growth
GRM has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)3.77
EPS Next 2Y-4.52%
EPS Next 3Y-1.09%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.09%, GRM is a good candidate for dividend investing.
GRM's Dividend Yield is rather good when compared to the industry average which is at 3.32. GRM pays more dividend than 89.83% of the companies in the same industry.
GRM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.09% |
5.2 History
The dividend of GRM has a limited annual growth rate of 4.26%.
Dividend Growth(5Y)4.26%
Div Incr Years6
Div Non Decr Years6
5.3 Sustainability
45.62% of the earnings are spent on dividend by GRM. This is a bit on the high side, but may be sustainable.
The dividend of GRM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP45.62%
EPS Next 2Y-4.52%
EPS Next 3Y-1.09%
FRA:GRM (10/30/2025, 7:00:00 PM)
40.735
+0.42 (+1.05%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners86.7%
Inst Owner ChangeN/A
Ins Owners0.28%
Ins Owner ChangeN/A
Market Cap21.73B
Revenue(TTM)19.16B
Net Income(TTM)2.92B
Analysts65.38
Price Target47.21 (15.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.09% |
Yearly Dividend2.09
Dividend Growth(5Y)4.26%
DP45.62%
Div Incr Years6
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.8%
Min EPS beat(2)3.07%
Max EPS beat(2)4.53%
EPS beat(4)4
Avg EPS beat(4)6.19%
Min EPS beat(4)3.07%
Max EPS beat(4)13.83%
EPS beat(8)8
Avg EPS beat(8)5.44%
EPS beat(12)11
Avg EPS beat(12)4.45%
EPS beat(16)14
Avg EPS beat(16)4.55%
Revenue beat(2)0
Avg Revenue beat(2)-1.27%
Min Revenue beat(2)-1.66%
Max Revenue beat(2)-0.89%
Revenue beat(4)1
Avg Revenue beat(4)-1.25%
Min Revenue beat(4)-3.37%
Max Revenue beat(4)0.93%
Revenue beat(8)2
Avg Revenue beat(8)-1.51%
Revenue beat(12)3
Avg Revenue beat(12)-1.24%
Revenue beat(16)5
Avg Revenue beat(16)-0.84%
PT rev (1m)-1.23%
PT rev (3m)-3.73%
EPS NQ rev (1m)-6.13%
EPS NQ rev (3m)-6.33%
EPS NY rev (1m)-0.09%
EPS NY rev (3m)-0.13%
Revenue NQ rev (1m)-0.8%
Revenue NQ rev (3m)-0.9%
Revenue NY rev (1m)-0.56%
Revenue NY rev (3m)-0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.77 | ||
| Fwd PE | 12.26 | ||
| P/S | 1.31 | ||
| P/FCF | 11.97 | ||
| P/OCF | 9.33 | ||
| P/B | 2.64 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.23 |
EPS(TTM)3.46
EY8.49%
EPS(NY)3.32
Fwd EY8.16%
FCF(TTM)3.4
FCFY8.35%
OCF(TTM)4.37
OCFY10.72%
SpS31.09
BVpS15.43
TBVpS-21.49
PEG (NY)N/A
PEG (5Y)3.77
Graham Number34.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.84% | ||
| ROE | 30.71% | ||
| ROCE | 12.88% | ||
| ROIC | 10.3% | ||
| ROICexc | 10.71% | ||
| ROICexgc | 187.52% | ||
| OM | 16.84% | ||
| PM (TTM) | 15.24% | ||
| GM | 34.39% | ||
| FCFM | 10.94% |
ROA(3y)7.71%
ROA(5y)7.84%
ROE(3y)25.45%
ROE(5y)25.35%
ROIC(3y)10.86%
ROIC(5y)11.02%
ROICexc(3y)11.08%
ROICexc(5y)11.42%
ROICexgc(3y)120.36%
ROICexgc(5y)166.96%
ROCE(3y)13.69%
ROCE(5y)13.98%
ROICexgc growth 3Y-15.78%
ROICexgc growth 5Y-18.87%
ROICexc growth 3Y-3.26%
ROICexc growth 5Y-1.02%
OM growth 3Y-0.78%
OM growth 5Y0.01%
PM growth 3Y-6.16%
PM growth 5Y-0.98%
GM growth 3Y0.86%
GM growth 5Y-0.37%
F-Score4
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 6.87 | ||
| Debt/EBITDA | 3.25 | ||
| Cap/Depr | 110.48% | ||
| Cap/Sales | 3.1% | ||
| Interest Coverage | 6.25 | ||
| Cash Conversion | 71.48% | ||
| Profit Quality | 71.81% | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.4 | ||
| Altman-Z | 2.41 |
F-Score4
WACC6.38%
ROIC/WACC1.61
Cap/Depr(3y)127.4%
Cap/Depr(5y)114.04%
Cap/Sales(3y)3.51%
Cap/Sales(5y)3.29%
Profit Quality(3y)93.9%
Profit Quality(5y)97.6%
High Growth Momentum
Growth
EPS 1Y (TTM)-11.11%
EPS 3Y2.23%
EPS 5Y3.12%
EPS Q2Q%-19.63%
EPS Next Y-12.43%
EPS Next 2Y-4.52%
EPS Next 3Y-1.09%
EPS Next 5Y0.42%
Revenue 1Y (TTM)-3.26%
Revenue growth 3Y0.86%
Revenue growth 5Y2.03%
Sales Q2Q%-6.82%
Revenue Next Year-4.69%
Revenue Next 2Y-2.59%
Revenue Next 3Y-1.11%
Revenue Next 5Y-0.04%
EBIT growth 1Y-9.08%
EBIT growth 3Y0.07%
EBIT growth 5Y2.04%
EBIT Next Year5.08%
EBIT Next 3Y2.73%
EBIT Next 5Y2.69%
FCF growth 1Y3.4%
FCF growth 3Y-5.85%
FCF growth 5Y-6.54%
OCF growth 1Y-2.78%
OCF growth 3Y-4.17%
OCF growth 5Y-4.51%
GENERAL MILLS INC / GRM.DE FAQ
What is the ChartMill fundamental rating of GENERAL MILLS INC (GRM.DE) stock?
ChartMill assigns a fundamental rating of 4 / 10 to GRM.DE.
Can you provide the valuation status for GENERAL MILLS INC?
ChartMill assigns a valuation rating of 5 / 10 to GENERAL MILLS INC (GRM.DE). This can be considered as Fairly Valued.
How profitable is GENERAL MILLS INC (GRM.DE) stock?
GENERAL MILLS INC (GRM.DE) has a profitability rating of 8 / 10.
What is the expected EPS growth for GENERAL MILLS INC (GRM.DE) stock?
The Earnings per Share (EPS) of GENERAL MILLS INC (GRM.DE) is expected to decline by -12.43% in the next year.
How sustainable is the dividend of GENERAL MILLS INC (GRM.DE) stock?
The dividend rating of GENERAL MILLS INC (GRM.DE) is 7 / 10 and the dividend payout ratio is 45.62%.