INGREDION INC (INGR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:INGR - US4571871023 - Common Stock
107.315 USD
-0.81 (-0.75%)
Taking everything into account, INGR scores 7 out of 10 in our fundamental rating. INGR was compared to 87 industry peers in the Food Products industry. INGR gets an excellent profitability rating and is at the same time showing great financial health properties. INGR has a bad growth rate and is valued cheaply. These ratings could make INGR a good candidate for value investing.
1. Profitability
1.1 Basic Checks
INGR had positive earnings in the past year.
In the past year INGR had a positive cash flow from operations.
Each year in the past 5 years INGR has been profitable.
INGR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 8.41%, INGR belongs to the top of the industry, outperforming 89.66% of the companies in the same industry.
INGR has a better Return On Equity (15.55%) than 88.51% of its industry peers.
The Return On Invested Capital of INGR (11.85%) is better than 89.66% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for INGR is significantly below the industry average of 28.38%.
The last Return On Invested Capital (11.85%) for INGR is above the 3 year average (10.82%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.41% | ||
| ROE | 15.55% | ||
| ROIC | 11.85% |
ROA(3y)7.87%
ROA(5y)6.07%
ROE(3y)16.94%
ROE(5y)13.28%
ROIC(3y)10.82%
ROIC(5y)9.98%
1.3 Margins
The Profit Margin of INGR (9.07%) is better than 85.06% of its industry peers.
INGR's Profit Margin has improved in the last couple of years.
INGR's Operating Margin of 14.60% is amongst the best of the industry. INGR outperforms 86.21% of its industry peers.
INGR's Operating Margin has improved in the last couple of years.
INGR has a better Gross Margin (25.43%) than 62.07% of its industry peers.
INGR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.6% | ||
| PM (TTM) | 9.07% | ||
| GM | 25.43% |
OM growth 3Y10.37%
OM growth 5Y3.2%
PM growth 3Y72.48%
PM growth 5Y5.54%
GM growth 3Y7.68%
GM growth 5Y2.67%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), INGR is creating some value.
The number of shares outstanding for INGR has been reduced compared to 1 year ago.
The number of shares outstanding for INGR has been reduced compared to 5 years ago.
INGR has a better debt/assets ratio than last year.
2.2 Solvency
INGR has an Altman-Z score of 3.85. This indicates that INGR is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of INGR (3.85) is better than 85.06% of its industry peers.
INGR has a debt to FCF ratio of 3.29. This is a good value and a sign of high solvency as INGR would need 3.29 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.29, INGR belongs to the top of the industry, outperforming 82.76% of the companies in the same industry.
A Debt/Equity ratio of 0.42 indicates that INGR is not too dependend on debt financing.
INGR has a Debt to Equity ratio (0.42) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 3.29 | ||
| Altman-Z | 3.85 |
ROIC/WACC1.67
WACC7.1%
2.3 Liquidity
INGR has a Current Ratio of 2.75. This indicates that INGR is financially healthy and has no problem in meeting its short term obligations.
INGR has a better Current ratio (2.75) than 80.46% of its industry peers.
A Quick Ratio of 1.79 indicates that INGR should not have too much problems paying its short term obligations.
The Quick ratio of INGR (1.79) is better than 81.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.75 | ||
| Quick Ratio | 1.79 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.54% over the past year.
Measured over the past years, INGR shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.90% on average per year.
The Revenue has decreased by -3.83% in the past year.
INGR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.66% yearly.
EPS 1Y (TTM)12.54%
EPS 3Y16.87%
EPS 5Y9.9%
EPS Q2Q%-9.84%
Revenue 1Y (TTM)-3.83%
Revenue growth 3Y2.53%
Revenue growth 5Y3.66%
Sales Q2Q%-2.89%
3.2 Future
The Earnings Per Share is expected to grow by 1.29% on average over the next years.
Based on estimates for the next years, INGR will show a decrease in Revenue. The Revenue will decrease by -0.37% on average per year.
EPS Next Y9.05%
EPS Next 2Y6.02%
EPS Next 3Y6.06%
EPS Next 5Y1.29%
Revenue Next Year-0.89%
Revenue Next 2Y0.84%
Revenue Next 3Y1.39%
Revenue Next 5Y-0.37%
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
The Price/Earnings ratio is 9.56, which indicates a very decent valuation of INGR.
INGR's Price/Earnings ratio is rather cheap when compared to the industry. INGR is cheaper than 87.36% of the companies in the same industry.
INGR is valuated cheaply when we compare the Price/Earnings ratio to 26.11, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 8.98, the valuation of INGR can be described as very reasonable.
INGR's Price/Forward Earnings ratio is rather cheap when compared to the industry. INGR is cheaper than 94.25% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of INGR to the average of the S&P500 Index (36.21), we can say INGR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.56 | ||
| Fwd PE | 8.98 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, INGR is valued cheaper than 83.91% of the companies in the same industry.
77.01% of the companies in the same industry are more expensive than INGR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.49 | ||
| EV/EBITDA | 6.01 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
INGR has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.06
PEG (5Y)0.97
EPS Next 2Y6.02%
EPS Next 3Y6.06%
5. Dividend
5.1 Amount
INGR has a Yearly Dividend Yield of 3.05%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.06, INGR pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, INGR pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
5.2 History
The dividend of INGR has a limited annual growth rate of 4.40%.
INGR has been paying a dividend for at least 10 years, so it has a reliable track record.
INGR has decreased its dividend recently.
Dividend Growth(5Y)4.4%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
32.02% of the earnings are spent on dividend by INGR. This is a low number and sustainable payout ratio.
INGR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP32.02%
EPS Next 2Y6.02%
EPS Next 3Y6.06%
NYSE:INGR (12/2/2025, 9:53:17 AM)
107.315
-0.81 (-0.75%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners93.91%
Inst Owner Change1.1%
Ins Owners0.82%
Ins Owner Change0.3%
Market Cap6.82B
Revenue(TTM)7.26B
Net Income(TTM)659.00M
Analysts76.92
Price Target127.42 (18.73%)
Short Float %2.54%
Short Ratio2.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
Yearly Dividend3.24
Dividend Growth(5Y)4.4%
DP32.02%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.85%
Min EPS beat(2)-6.61%
Max EPS beat(2)0.92%
EPS beat(4)3
Avg EPS beat(4)3.86%
Min EPS beat(4)-6.61%
Max EPS beat(4)20.64%
EPS beat(8)6
Avg EPS beat(8)5.84%
EPS beat(12)9
Avg EPS beat(12)9.16%
EPS beat(16)12
Avg EPS beat(16)6.9%
Revenue beat(2)0
Avg Revenue beat(2)-5.63%
Min Revenue beat(2)-6.39%
Max Revenue beat(2)-4.88%
Revenue beat(4)0
Avg Revenue beat(4)-5.1%
Min Revenue beat(4)-6.39%
Max Revenue beat(4)-3.31%
Revenue beat(8)0
Avg Revenue beat(8)-6.33%
Revenue beat(12)0
Avg Revenue beat(12)-6.03%
Revenue beat(16)2
Avg Revenue beat(16)-4.12%
PT rev (1m)-15.53%
PT rev (3m)-15.53%
EPS NQ rev (1m)-0.31%
EPS NQ rev (3m)-1.52%
EPS NY rev (1m)-0.51%
EPS NY rev (3m)-0.06%
Revenue NQ rev (1m)-4.86%
Revenue NQ rev (3m)-4.51%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.56 | ||
| Fwd PE | 8.98 | ||
| P/S | 0.94 | ||
| P/FCF | 12.49 | ||
| P/OCF | 6.99 | ||
| P/B | 1.61 | ||
| P/tB | 2.3 | ||
| EV/EBITDA | 6.01 |
EPS(TTM)11.22
EY10.46%
EPS(NY)11.95
Fwd EY11.13%
FCF(TTM)8.59
FCFY8.01%
OCF(TTM)15.35
OCFY14.3%
SpS114.31
BVpS66.71
TBVpS46.67
PEG (NY)1.06
PEG (5Y)0.97
Graham Number129.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.41% | ||
| ROE | 15.55% | ||
| ROCE | 16.17% | ||
| ROIC | 11.85% | ||
| ROICexc | 13.77% | ||
| ROICexgc | 17.74% | ||
| OM | 14.6% | ||
| PM (TTM) | 9.07% | ||
| GM | 25.43% | ||
| FCFM | 7.52% |
ROA(3y)7.87%
ROA(5y)6.07%
ROE(3y)16.94%
ROE(5y)13.28%
ROIC(3y)10.82%
ROIC(5y)9.98%
ROICexc(3y)11.98%
ROICexc(5y)11%
ROICexgc(3y)15.53%
ROICexgc(5y)14.43%
ROCE(3y)15.46%
ROCE(5y)14.31%
ROICexgc growth 3Y14.86%
ROICexgc growth 5Y5.37%
ROICexc growth 3Y15.04%
ROICexc growth 5Y5.66%
OM growth 3Y10.37%
OM growth 5Y3.2%
PM growth 3Y72.48%
PM growth 5Y5.54%
GM growth 3Y7.68%
GM growth 5Y2.67%
F-Score7
Asset Turnover0.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 3.29 | ||
| Debt/EBITDA | 1.41 | ||
| Cap/Depr | 195.89% | ||
| Cap/Sales | 5.91% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.23% | ||
| Profit Quality | 82.85% | ||
| Current Ratio | 2.75 | ||
| Quick Ratio | 1.79 | ||
| Altman-Z | 3.85 |
F-Score7
WACC7.1%
ROIC/WACC1.67
Cap/Depr(3y)141.49%
Cap/Depr(5y)144.09%
Cap/Sales(3y)3.9%
Cap/Sales(5y)4.35%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.54%
EPS 3Y16.87%
EPS 5Y9.9%
EPS Q2Q%-9.84%
EPS Next Y9.05%
EPS Next 2Y6.02%
EPS Next 3Y6.06%
EPS Next 5Y1.29%
Revenue 1Y (TTM)-3.83%
Revenue growth 3Y2.53%
Revenue growth 5Y3.66%
Sales Q2Q%-2.89%
Revenue Next Year-0.89%
Revenue Next 2Y0.84%
Revenue Next 3Y1.39%
Revenue Next 5Y-0.37%
EBIT growth 1Y10.19%
EBIT growth 3Y13.16%
EBIT growth 5Y6.97%
EBIT Next Year26.71%
EBIT Next 3Y10.25%
EBIT Next 5Y3.58%
FCF growth 1Y40.36%
FCF growth 3Y131.07%
FCF growth 5Y26.38%
OCF growth 1Y35.6%
OCF growth 3Y54.15%
OCF growth 5Y16.13%
INGREDION INC / INGR FAQ
Can you provide the ChartMill fundamental rating for INGREDION INC?
ChartMill assigns a fundamental rating of 7 / 10 to INGR.
What is the valuation status of INGREDION INC (INGR) stock?
ChartMill assigns a valuation rating of 8 / 10 to INGREDION INC (INGR). This can be considered as Undervalued.
What is the profitability of INGR stock?
INGREDION INC (INGR) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for INGR stock?
The Price/Earnings (PE) ratio for INGREDION INC (INGR) is 9.56 and the Price/Book (PB) ratio is 1.61.
What is the financial health of INGREDION INC (INGR) stock?
The financial health rating of INGREDION INC (INGR) is 8 / 10.