MARZETTI COMPANY/THE (MZTI) Stock Fundamental Analysis
USA - NASDAQ:MZTI - US5138471033 - Common Stock
166.54 USD
-0.52 (-0.31%)
166.54 USD
0 (0%)
Taking everything into account, MZTI scores 6 out of 10 in our fundamental rating. MZTI was compared to 86 industry peers in the Food Products industry. MZTI has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. While showing a medium growth rate, MZTI is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
MZTI had positive earnings in the past year.
MZTI had a positive operating cash flow in the past year.
Each year in the past 5 years MZTI has been profitable.
MZTI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MZTI has a better Return On Assets (13.09%) than 97.70% of its industry peers.
MZTI has a better Return On Equity (16.71%) than 90.80% of its industry peers.
The Return On Invested Capital of MZTI (16.11%) is better than 93.10% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MZTI is significantly below the industry average of 28.75%.
The last Return On Invested Capital (16.11%) for MZTI is above the 3 year average (15.37%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.09% | ||
| ROE | 16.71% | ||
| ROIC | 16.11% |
ROA(3y)12.06%
ROA(5y)11.45%
ROE(3y)15.56%
ROE(5y)14.82%
ROIC(3y)15.37%
ROIC(5y)14.84%
1.3 Margins
The Profit Margin of MZTI (8.74%) is better than 82.76% of its industry peers.
In the last couple of years the Profit Margin of MZTI has declined.
Looking at the Operating Margin, with a value of 11.81%, MZTI is in the better half of the industry, outperforming 77.01% of the companies in the same industry.
In the last couple of years the Operating Margin of MZTI has declined.
MZTI has a Gross Margin of 23.87%. This is comparable to the rest of the industry: MZTI outperforms 58.62% of its industry peers.
MZTI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.81% | ||
| PM (TTM) | 8.74% | ||
| GM | 23.87% |
OM growth 3Y10.4%
OM growth 5Y-2.28%
PM growth 3Y17.91%
PM growth 5Y-3.12%
GM growth 3Y4%
GM growth 5Y-2.31%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MZTI is creating value.
MZTI has about the same amout of shares outstanding than it did 1 year ago.
MZTI has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for MZTI has been reduced compared to a year ago.
2.2 Solvency
MZTI has an Altman-Z score of 14.07. This indicates that MZTI is financially healthy and has little risk of bankruptcy at the moment.
MZTI's Altman-Z score of 14.07 is amongst the best of the industry. MZTI outperforms 96.55% of its industry peers.
MZTI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 14.07 |
ROIC/WACC1.86
WACC8.66%
2.3 Liquidity
A Current Ratio of 2.38 indicates that MZTI has no problem at all paying its short term obligations.
The Current ratio of MZTI (2.38) is better than 71.26% of its industry peers.
MZTI has a Quick Ratio of 1.47. This is a normal value and indicates that MZTI is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of MZTI (1.47) is better than 77.01% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.38 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
MZTI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.57%.
MZTI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.48% yearly.
MZTI shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -18.18%.
Measured over the past years, MZTI shows a small growth in Revenue. The Revenue has been growing by 7.43% on average per year.
EPS 1Y (TTM)5.57%
EPS 3Y3.85%
EPS 5Y1.48%
EPS Q2Q%-6.35%
Revenue 1Y (TTM)-18.18%
Revenue growth 3Y4.43%
Revenue growth 5Y7.43%
Sales Q2Q%4.99%
3.2 Future
MZTI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.49% yearly.
Based on estimates for the next years, MZTI will show a small growth in Revenue. The Revenue will grow by 1.95% on average per year.
EPS Next Y18.2%
EPS Next 2Y11.34%
EPS Next 3Y8.49%
EPS Next 5YN/A
Revenue Next Year2.64%
Revenue Next 2Y2.58%
Revenue Next 3Y1.95%
Revenue Next 5YN/A
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 accelerating.
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 27.44 indicates a quite expensive valuation of MZTI.
MZTI's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.89, MZTI is valued at the same level.
Based on the Price/Forward Earnings ratio of 23.21, the valuation of MZTI can be described as rather expensive.
MZTI's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.99, MZTI is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.44 | ||
| Fwd PE | 23.21 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as MZTI.
Based on the Price/Free Cash Flow ratio, MZTI is valued a bit cheaper than 65.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.53 | ||
| EV/EBITDA | 15.38 |
4.3 Compensation for Growth
MZTI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
MZTI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.51
PEG (5Y)18.53
EPS Next 2Y11.34%
EPS Next 3Y8.49%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.27%, MZTI has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.10, MZTI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.31, MZTI has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.27% |
5.2 History
The dividend of MZTI is nicely growing with an annual growth rate of 6.46%!
MZTI has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)6.46%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
MZTI pays out 62.02% of its income as dividend. This is not a sustainable payout ratio.
MZTI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.02%
EPS Next 2Y11.34%
EPS Next 3Y8.49%
166.54
-0.52 (-0.31%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners64.32%
Inst Owner ChangeN/A
Ins Owners7.21%
Ins Owner Change8.36%
Market Cap4.58B
Revenue(TTM)1.91B
Net Income(TTM)166.89M
Analysts73.85
Price Target200.26 (20.25%)
Short Float %2.39%
Short Ratio3.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.27% |
Yearly Dividend3.76
Dividend Growth(5Y)6.46%
DP62.02%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.91%
Min EPS beat(2)-13.71%
Max EPS beat(2)-8.11%
EPS beat(4)0
Avg EPS beat(4)-8.88%
Min EPS beat(4)-13.71%
Max EPS beat(4)-4.21%
EPS beat(8)1
Avg EPS beat(8)-8.08%
EPS beat(12)2
Avg EPS beat(12)-9.02%
EPS beat(16)3
Avg EPS beat(16)-2.46%
Revenue beat(2)1
Avg Revenue beat(2)-2.63%
Min Revenue beat(2)-7.25%
Max Revenue beat(2)1.98%
Revenue beat(4)2
Avg Revenue beat(4)-1.71%
Min Revenue beat(4)-7.25%
Max Revenue beat(4)1.98%
Revenue beat(8)3
Avg Revenue beat(8)9.42%
Revenue beat(12)4
Avg Revenue beat(12)5.7%
Revenue beat(16)7
Avg Revenue beat(16)4.51%
PT rev (1m)0%
PT rev (3m)0.73%
EPS NQ rev (1m)-0.21%
EPS NQ rev (3m)0.56%
EPS NY rev (1m)0.27%
EPS NY rev (3m)-0.46%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.07%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.44 | ||
| Fwd PE | 23.21 | ||
| P/S | 2.4 | ||
| P/FCF | 22.53 | ||
| P/OCF | 17.53 | ||
| P/B | 4.59 | ||
| P/tB | 5.91 | ||
| EV/EBITDA | 15.38 |
EPS(TTM)6.07
EY3.64%
EPS(NY)7.17
Fwd EY4.31%
FCF(TTM)7.39
FCFY4.44%
OCF(TTM)9.5
OCFY5.7%
SpS69.35
BVpS36.27
TBVpS28.18
PEG (NY)1.51
PEG (5Y)18.53
Graham Number70.38
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.09% | ||
| ROE | 16.71% | ||
| ROCE | 20.71% | ||
| ROIC | 16.11% | ||
| ROICexc | 18.92% | ||
| ROICexgc | 24.9% | ||
| OM | 11.81% | ||
| PM (TTM) | 8.74% | ||
| GM | 23.87% | ||
| FCFM | 10.66% |
ROA(3y)12.06%
ROA(5y)11.45%
ROE(3y)15.56%
ROE(5y)14.82%
ROIC(3y)15.37%
ROIC(5y)14.84%
ROICexc(3y)17.81%
ROICexc(5y)17.27%
ROICexgc(3y)23.55%
ROICexgc(5y)23.96%
ROCE(3y)19.76%
ROCE(5y)19.07%
ROICexgc growth 3Y10.73%
ROICexgc growth 5Y-6.47%
ROICexc growth 3Y12.64%
ROICexc growth 5Y-1.66%
OM growth 3Y10.4%
OM growth 5Y-2.28%
PM growth 3Y17.91%
PM growth 5Y-3.12%
GM growth 3Y4%
GM growth 5Y-2.31%
F-Score6
Asset Turnover1.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 93.3% | ||
| Cap/Sales | 3.04% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 90.93% | ||
| Profit Quality | 121.94% | ||
| Current Ratio | 2.38 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z | 14.07 |
F-Score6
WACC8.66%
ROIC/WACC1.86
Cap/Depr(3y)130.12%
Cap/Depr(5y)175.1%
Cap/Sales(3y)3.87%
Cap/Sales(5y)5.09%
Profit Quality(3y)120.16%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.57%
EPS 3Y3.85%
EPS 5Y1.48%
EPS Q2Q%-6.35%
EPS Next Y18.2%
EPS Next 2Y11.34%
EPS Next 3Y8.49%
EPS Next 5YN/A
Revenue 1Y (TTM)-18.18%
Revenue growth 3Y4.43%
Revenue growth 5Y7.43%
Sales Q2Q%4.99%
Revenue Next Year2.64%
Revenue Next 2Y2.58%
Revenue Next 3Y1.95%
Revenue Next 5YN/A
EBIT growth 1Y-16.84%
EBIT growth 3Y15.29%
EBIT growth 5Y4.98%
EBIT Next Year34.5%
EBIT Next 3Y12%
EBIT Next 5YN/A
FCF growth 1Y10.61%
FCF growth 3YN/A
FCF growth 5Y18.2%
OCF growth 1Y3.95%
OCF growth 3Y36.95%
OCF growth 5Y8.89%
MARZETTI COMPANY/THE / MZTI FAQ
What is the ChartMill fundamental rating of MARZETTI COMPANY/THE (MZTI) stock?
ChartMill assigns a fundamental rating of 6 / 10 to MZTI.
What is the valuation status for MZTI stock?
ChartMill assigns a valuation rating of 3 / 10 to MARZETTI COMPANY/THE (MZTI). This can be considered as Overvalued.
How profitable is MARZETTI COMPANY/THE (MZTI) stock?
MARZETTI COMPANY/THE (MZTI) has a profitability rating of 7 / 10.
What are the PE and PB ratios of MARZETTI COMPANY/THE (MZTI) stock?
The Price/Earnings (PE) ratio for MARZETTI COMPANY/THE (MZTI) is 27.44 and the Price/Book (PB) ratio is 4.59.
What is the earnings growth outlook for MARZETTI COMPANY/THE?
The Earnings per Share (EPS) of MARZETTI COMPANY/THE (MZTI) is expected to grow by 18.2% in the next year.