PERFORMANCE FOOD GROUP CO (PFGC) Stock Fundamental Analysis
USA - NYSE:PFGC - US71377A1034 - Common Stock
102.57 USD
+0.14 (+0.14%)
102.57 USD
0 (0%)
Overall PFGC gets a fundamental rating of 4 out of 10. We evaluated PFGC against 39 industry peers in the Consumer Staples Distribution & Retail industry. While PFGC is still in line with the averages on profitability rating, there are concerns on its financial health. PFGC is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
PFGC had positive earnings in the past year.
In the past year PFGC had a positive cash flow from operations.
Each year in the past 5 years PFGC has been profitable.
Each year in the past 5 years PFGC had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 1.90%, PFGC is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
The Return On Equity of PFGC (7.61%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 4.50%, PFGC is in line with its industry, outperforming 43.59% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PFGC is below the industry average of 8.75%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.9% | ||
| ROE | 7.61% | ||
| ROIC | 4.5% |
ROA(3y)2.78%
ROA(5y)1.95%
ROE(3y)9.59%
ROE(5y)6.83%
ROIC(3y)5.7%
ROIC(5y)4.64%
1.3 Margins
PFGC has a worse Profit Margin (0.54%) than 61.54% of its industry peers.
In the last couple of years the Profit Margin of PFGC has grown nicely.
PFGC has a Operating Margin (1.29%) which is in line with its industry peers.
PFGC's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 11.72%, PFGC is not doing good in the industry: 84.62% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of PFGC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.29% | ||
| PM (TTM) | 0.54% | ||
| GM | 11.72% |
OM growth 3Y26.14%
OM growth 5YN/A
PM growth 3Y34.27%
PM growth 5YN/A
GM growth 3Y4.3%
GM growth 5Y0.49%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PFGC is destroying value.
The number of shares outstanding for PFGC has been increased compared to 1 year ago.
PFGC has more shares outstanding than it did 5 years ago.
The debt/assets ratio for PFGC is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.71 indicates that PFGC is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.71, PFGC is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
The Debt to FCF ratio of PFGC is 9.93, which is on the high side as it means it would take PFGC, 9.93 years of fcf income to pay off all of its debts.
PFGC has a worse Debt to FCF ratio (9.93) than 61.54% of its industry peers.
A Debt/Equity ratio of 1.51 is on the high side and indicates that PFGC has dependencies on debt financing.
PFGC has a worse Debt to Equity ratio (1.51) than 82.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.51 | ||
| Debt/FCF | 9.93 | ||
| Altman-Z | 4.71 |
ROIC/WACC0.58
WACC7.7%
2.3 Liquidity
A Current Ratio of 1.58 indicates that PFGC should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.58, PFGC is doing good in the industry, outperforming 74.36% of the companies in the same industry.
A Quick Ratio of 0.72 indicates that PFGC may have some problems paying its short term obligations.
PFGC has a Quick ratio (0.72) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 4.19% over the past year.
The Earnings Per Share has been growing by 41.14% on average over the past years. This is a very strong growth
The Revenue has grown by 8.61% in the past year. This is quite good.
The Revenue has been growing by 20.34% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)4.19%
EPS 3Y20.19%
EPS 5Y41.14%
EPS Q2Q%6.9%
Revenue 1Y (TTM)8.61%
Revenue growth 3Y7.54%
Revenue growth 5Y20.34%
Sales Q2Q%11.52%
3.2 Future
Based on estimates for the next years, PFGC will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.30% on average per year.
PFGC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.70% yearly.
EPS Next Y17.49%
EPS Next 2Y20.23%
EPS Next 3Y19.3%
EPS Next 5YN/A
Revenue Next Year6.51%
Revenue Next 2Y6.32%
Revenue Next 3Y5.48%
Revenue Next 5Y1.7%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
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 22.90, which indicates a rather expensive current valuation of PFGC.
Compared to the rest of the industry, the Price/Earnings ratio of PFGC is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.86. PFGC is around the same levels.
Based on the Price/Forward Earnings ratio of 19.49, the valuation of PFGC can be described as rather expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as PFGC.
The average S&P500 Price/Forward Earnings ratio is at 23.32. PFGC is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.9 | ||
| Fwd PE | 19.49 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PFGC is valued a bit more expensive than 61.54% of the companies in the same industry.
PFGC's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.8 | ||
| EV/EBITDA | 14.97 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PFGC's earnings are expected to grow with 19.30% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.31
PEG (5Y)0.56
EPS Next 2Y20.23%
EPS Next 3Y19.3%
5. Dividend
5.1 Amount
No dividends for PFGC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
102.57
+0.14 (+0.14%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners103.28%
Inst Owner Change0%
Ins Owners1.93%
Ins Owner Change0.5%
Market Cap16.05B
Analysts80.91
Price Target117.9 (14.95%)
Short Float %3.36%
Short Ratio3.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.13%
Min EPS beat(2)-10.98%
Max EPS beat(2)4.72%
EPS beat(4)1
Avg EPS beat(4)-5.32%
Min EPS beat(4)-10.98%
Max EPS beat(4)4.72%
EPS beat(8)3
Avg EPS beat(8)-3.17%
EPS beat(12)6
Avg EPS beat(12)2.33%
EPS beat(16)9
Avg EPS beat(16)2.46%
Revenue beat(2)0
Avg Revenue beat(2)-2.04%
Min Revenue beat(2)-2.57%
Max Revenue beat(2)-1.5%
Revenue beat(4)0
Avg Revenue beat(4)-1.61%
Min Revenue beat(4)-2.57%
Max Revenue beat(4)-1.1%
Revenue beat(8)0
Avg Revenue beat(8)-2.11%
Revenue beat(12)1
Avg Revenue beat(12)-2.08%
Revenue beat(16)2
Avg Revenue beat(16)-1.87%
PT rev (1m)3.27%
PT rev (3m)12.27%
EPS NQ rev (1m)-1.48%
EPS NQ rev (3m)-4.83%
EPS NY rev (1m)0.31%
EPS NY rev (3m)-1.52%
Revenue NQ rev (1m)-0.35%
Revenue NQ rev (3m)-0.26%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.9 | ||
| Fwd PE | 19.49 | ||
| P/S | 0.25 | ||
| P/FCF | 22.8 | ||
| P/OCF | 13.27 | ||
| P/B | 3.59 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.97 |
EPS(TTM)4.48
EY4.37%
EPS(NY)5.26
Fwd EY5.13%
FCF(TTM)4.5
FCFY4.39%
OCF(TTM)7.73
OCFY7.54%
SpS404.41
BVpS28.57
TBVpS-4.45
PEG (NY)1.31
PEG (5Y)0.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.9% | ||
| ROE | 7.61% | ||
| ROCE | 6.11% | ||
| ROIC | 4.5% | ||
| ROICexc | 4.52% | ||
| ROICexgc | 7.4% | ||
| OM | 1.29% | ||
| PM (TTM) | 0.54% | ||
| GM | 11.72% | ||
| FCFM | 1.11% |
ROA(3y)2.78%
ROA(5y)1.95%
ROE(3y)9.59%
ROE(5y)6.83%
ROIC(3y)5.7%
ROIC(5y)4.64%
ROICexc(3y)5.72%
ROICexc(5y)4.65%
ROICexgc(3y)9.08%
ROICexgc(5y)7.48%
ROCE(3y)7.75%
ROCE(5y)6.3%
ROICexcg growth 3Y17.38%
ROICexcg growth 5YN/A
ROICexc growth 3Y17.95%
ROICexc growth 5YN/A
OM growth 3Y26.14%
OM growth 5YN/A
PM growth 3Y34.27%
PM growth 5YN/A
GM growth 3Y4.3%
GM growth 5Y0.49%
F-Score5
Asset Turnover3.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.51 | ||
| Debt/FCF | 9.93 | ||
| Debt/EBITDA | 4.41 | ||
| Cap/Depr | 70.48% | ||
| Cap/Sales | 0.8% | ||
| Interest Coverage | 2.37 | ||
| Cash Conversion | 78.88% | ||
| Profit Quality | 206.97% | ||
| Current Ratio | 1.58 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 4.71 |
F-Score5
WACC7.7%
ROIC/WACC0.58
Cap/Depr(3y)65.28%
Cap/Depr(5y)59.62%
Cap/Sales(3y)0.65%
Cap/Sales(5y)0.6%
Profit Quality(3y)174.89%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)4.19%
EPS 3Y20.19%
EPS 5Y41.14%
EPS Q2Q%6.9%
EPS Next Y17.49%
EPS Next 2Y20.23%
EPS Next 3Y19.3%
EPS Next 5YN/A
Revenue 1Y (TTM)8.61%
Revenue growth 3Y7.54%
Revenue growth 5Y20.34%
Sales Q2Q%11.52%
Revenue Next Year6.51%
Revenue Next 2Y6.32%
Revenue Next 3Y5.48%
Revenue Next 5Y1.7%
EBIT growth 1Y-1.2%
EBIT growth 3Y35.65%
EBIT growth 5YN/A
EBIT Next Year51.85%
EBIT Next 3Y23.24%
EBIT Next 5YN/A
FCF growth 1Y-8.25%
FCF growth 3Y126%
FCF growth 5Y8.62%
OCF growth 1Y4.05%
OCF growth 3Y63.57%
OCF growth 5Y14.18%