INGREDION INC (INGR) Stock Fundamental Analysis
USA - NYSE:INGR - US4571871023 - Common Stock
115.71 USD
-1.91 (-1.62%)
115.71 USD
0 (0%)
Overall INGR gets a fundamental rating of 7 out of 10. We evaluated INGR against 86 industry peers in the Food Products industry. INGR has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. INGR scores decently on growth, while it is valued quite cheap. This could make an interesting combination. 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.
INGR had positive earnings in each of the past 5 years.
INGR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
INGR has a better Return On Assets (8.69%) than 87.21% of its industry peers.
Looking at the Return On Equity, with a value of 16.11%, INGR belongs to the top of the industry, outperforming 86.05% of the companies in the same industry.
The Return On Invested Capital of INGR (12.25%) is better than 87.21% of its industry peers.
The Average Return On Invested Capital over the past 3 years for INGR is significantly below the industry average of 28.75%.
The 3 year average ROIC (10.82%) for INGR is below the current ROIC(12.25%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.69% | ||
| ROE | 16.11% | ||
| ROIC | 12.25% |
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
INGR has a better Profit Margin (9.24%) than 83.72% of its industry peers.
INGR's Profit Margin has improved in the last couple of years.
INGR has a Operating Margin of 14.87%. This is amongst the best in the industry. INGR outperforms 83.72% of its industry peers.
INGR's Operating Margin has improved in the last couple of years.
INGR has a Gross Margin of 25.57%. This is in the better half of the industry: INGR outperforms 61.63% of its industry peers.
In the last couple of years the Gross Margin of INGR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.87% | ||
| PM (TTM) | 9.24% | ||
| GM | 25.57% |
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.
INGR has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, INGR has less shares outstanding
The debt/assets ratio for INGR has been reduced compared to a year ago.
2.2 Solvency
INGR has an Altman-Z score of 3.98. This indicates that INGR is financially healthy and has little risk of bankruptcy at the moment.
INGR's Altman-Z score of 3.98 is amongst the best of the industry. INGR outperforms 82.56% of its industry peers.
INGR has a debt to FCF ratio of 2.23. This is a good value and a sign of high solvency as INGR would need 2.23 years to pay back of all of its debts.
The Debt to FCF ratio of INGR (2.23) is better than 84.88% of its industry peers.
A Debt/Equity ratio of 0.43 indicates that INGR is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.43, INGR perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 2.23 | ||
| Altman-Z | 3.98 |
ROIC/WACC1.71
WACC7.17%
2.3 Liquidity
A Current Ratio of 2.78 indicates that INGR has no problem at all paying its short term obligations.
INGR has a Current ratio of 2.78. This is amongst the best in the industry. INGR outperforms 81.40% of its industry peers.
A Quick Ratio of 1.81 indicates that INGR should not have too much problems paying its short term obligations.
INGR's Quick ratio of 1.81 is amongst the best of the industry. INGR outperforms 81.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.78 | ||
| Quick Ratio | 1.81 |
3. Growth
3.1 Past
INGR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.54%, which is quite impressive.
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 -5.16% 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)24.54%
EPS 3Y16.87%
EPS 5Y9.9%
EPS Q2Q%0%
Revenue 1Y (TTM)-5.16%
Revenue growth 3Y2.53%
Revenue growth 5Y3.66%
Sales Q2Q%-2.4%
3.2 Future
INGR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.42% yearly.
Based on estimates for the next years, INGR will show a small growth in Revenue. The Revenue will grow by 1.01% on average per year.
EPS Next Y9.61%
EPS Next 2Y6.56%
EPS Next 3Y6.03%
EPS Next 5Y3.42%
Revenue Next Year-0.89%
Revenue Next 2Y0.84%
Revenue Next 3Y1.39%
Revenue Next 5Y1.01%
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
INGR is valuated reasonably with a Price/Earnings ratio of 10.04.
84.88% of the companies in the same industry are more expensive than INGR, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.76. INGR is valued rather cheaply when compared to this.
INGR is valuated reasonably with a Price/Forward Earnings ratio of 9.59.
88.37% of the companies in the same industry are more expensive than INGR, based on the Price/Forward Earnings ratio.
INGR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.04 | ||
| Fwd PE | 9.59 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, INGR is valued a bit cheaper than the industry average as 77.91% of the companies are valued more expensively.
86.05% 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 | 9.25 | ||
| EV/EBITDA | 6.46 |
4.3 Compensation for Growth
INGR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of INGR may justify a higher PE ratio.
PEG (NY)1.04
PEG (5Y)1.01
EPS Next 2Y6.56%
EPS Next 3Y6.03%
5. Dividend
5.1 Amount
INGR has a Yearly Dividend Yield of 2.75%.
Compared to an average industry Dividend Yield of 5.10, INGR pays a bit more dividend than its industry peers.
INGR's Dividend Yield is comparable with the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.75% |
5.2 History
The dividend of INGR has a limited annual growth rate of 4.40%.
INGR has paid a dividend for at least 10 years, which is 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
INGR pays out 31.36% of its income as dividend. This is a sustainable payout ratio.
INGR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP31.36%
EPS Next 2Y6.56%
EPS Next 3Y6.03%
115.71
-1.91 (-1.62%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners93.91%
Inst Owner Change-0.76%
Ins Owners0.82%
Ins Owner Change0.11%
Market Cap7.43B
Revenue(TTM)7.32B
Net Income(TTM)676.00M
Analysts76.92
Price Target150.85 (30.37%)
Short Float %3.13%
Short Ratio3.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.75% |
Yearly Dividend3.24
Dividend Growth(5Y)4.4%
DP31.36%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.78%
Min EPS beat(2)0.92%
Max EPS beat(2)20.64%
EPS beat(4)4
Avg EPS beat(4)9.44%
Min EPS beat(4)0.51%
Max EPS beat(4)20.64%
EPS beat(8)7
Avg EPS beat(8)8.85%
EPS beat(12)10
Avg EPS beat(12)10.12%
EPS beat(16)13
Avg EPS beat(16)8.14%
Revenue beat(2)0
Avg Revenue beat(2)-4.09%
Min Revenue beat(2)-4.88%
Max Revenue beat(2)-3.31%
Revenue beat(4)0
Avg Revenue beat(4)-4.95%
Min Revenue beat(4)-5.81%
Max Revenue beat(4)-3.31%
Revenue beat(8)0
Avg Revenue beat(8)-6.24%
Revenue beat(12)0
Avg Revenue beat(12)-5.7%
Revenue beat(16)3
Avg Revenue beat(16)-3.72%
PT rev (1m)0%
PT rev (3m)-1.88%
EPS NQ rev (1m)-0.07%
EPS NQ rev (3m)-0.58%
EPS NY rev (1m)0.13%
EPS NY rev (3m)1.09%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)-1.27%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-1.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.04 | ||
| Fwd PE | 9.59 | ||
| P/S | 1.02 | ||
| P/FCF | 9.25 | ||
| P/OCF | 6.31 | ||
| P/B | 1.77 | ||
| P/tB | 2.55 | ||
| EV/EBITDA | 6.46 |
EPS(TTM)11.52
EY9.96%
EPS(NY)12.07
Fwd EY10.43%
FCF(TTM)12.51
FCFY10.81%
OCF(TTM)18.34
OCFY15.85%
SpS113.99
BVpS65.39
TBVpS45.45
PEG (NY)1.04
PEG (5Y)1.01
Graham Number130.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.69% | ||
| ROE | 16.11% | ||
| ROCE | 16.69% | ||
| ROIC | 12.25% | ||
| ROICexc | 14.12% | ||
| ROICexgc | 18.22% | ||
| OM | 14.87% | ||
| PM (TTM) | 9.24% | ||
| GM | 25.57% | ||
| FCFM | 10.98% |
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 Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 2.23 | ||
| Debt/EBITDA | 1.37 | ||
| Cap/Depr | 173.95% | ||
| Cap/Sales | 5.11% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 90.33% | ||
| Profit Quality | 118.79% | ||
| Current Ratio | 2.78 | ||
| Quick Ratio | 1.81 | ||
| Altman-Z | 3.98 |
F-Score7
WACC7.17%
ROIC/WACC1.71
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)24.54%
EPS 3Y16.87%
EPS 5Y9.9%
EPS Q2Q%0%
EPS Next Y9.61%
EPS Next 2Y6.56%
EPS Next 3Y6.03%
EPS Next 5Y3.42%
Revenue 1Y (TTM)-5.16%
Revenue growth 3Y2.53%
Revenue growth 5Y3.66%
Sales Q2Q%-2.4%
Revenue Next Year-0.89%
Revenue Next 2Y0.84%
Revenue Next 3Y1.39%
Revenue Next 5Y1.01%
EBIT growth 1Y20.22%
EBIT growth 3Y13.16%
EBIT growth 5Y6.97%
EBIT Next Year26.71%
EBIT Next 3Y10.25%
EBIT Next 5Y4.96%
FCF growth 1Y542.4%
FCF growth 3Y131.07%
FCF growth 5Y26.38%
OCF growth 1Y170.58%
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 10.04 and the Price/Book (PB) ratio is 1.77.
What is the financial health of INGREDION INC (INGR) stock?
The financial health rating of INGREDION INC (INGR) is 8 / 10.