PERFORMANCE FOOD GROUP CO (PFGC)

US71377A1034 - Common Stock

75.02  -0.73 (-0.96%)

Fundamental Rating

4

Taking everything into account, PFGC scores 4 out of 10 in our fundamental rating. PFGC was compared to 41 industry peers in the Consumer Staples Distribution & Retail industry. PFGC has only an average score on both its financial health and profitability. PFGC is not valued too expensively and it also shows a decent growth rate.



4

1. Profitability

1.1 Basic Checks

In the past year PFGC was profitable.
In the past year PFGC had a positive cash flow from operations.
PFGC had positive earnings in 4 of the past 5 years.
Each year in the past 5 years PFGC had a positive operating cash flow.

1.2 Ratios

PFGC has a Return On Assets (3.32%) which is in line with its industry peers.
PFGC's Return On Equity of 11.12% is in line compared to the rest of the industry. PFGC outperforms 58.54% of its industry peers.
PFGC has a Return On Invested Capital (6.10%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for PFGC is significantly below the industry average of 9.87%.
The last Return On Invested Capital (6.10%) for PFGC is above the 3 year average (3.92%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 3.32%
ROE 11.12%
ROIC 6.1%
ROA(3y)1.54%
ROA(5y)1.34%
ROE(3y)5.32%
ROE(5y)4.63%
ROIC(3y)3.92%
ROIC(5y)N/A

1.3 Margins

PFGC's Profit Margin of 0.74% is in line compared to the rest of the industry. PFGC outperforms 43.90% of its industry peers.
In the last couple of years the Profit Margin of PFGC has declined.
PFGC's Operating Margin of 1.42% is in line compared to the rest of the industry. PFGC outperforms 41.46% of its industry peers.
In the last couple of years the Operating Margin of PFGC has remained more or less at the same level.
PFGC's Gross Margin of 11.13% is on the low side compared to the rest of the industry. PFGC is outperformed by 85.37% of its industry peers.
PFGC's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 1.42%
PM (TTM) 0.74%
GM 11.13%
OM growth 3YN/A
OM growth 5Y-1.48%
PM growth 3YN/A
PM growth 5Y-9.3%
GM growth 3Y-1.51%
GM growth 5Y-3.44%

4

2. Health

2.1 Basic Checks

PFGC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
PFGC has more shares outstanding than it did 1 year ago.
The number of shares outstanding for PFGC has been increased compared to 5 years ago.
The debt/assets ratio for PFGC has been reduced compared to a year ago.

2.2 Solvency

An Altman-Z score of 5.82 indicates that PFGC is not in any danger for bankruptcy at the moment.
PFGC's Altman-Z score of 5.82 is amongst the best of the industry. PFGC outperforms 90.24% of its industry peers.
PFGC has a debt to FCF ratio of 6.47. This is a slightly negative value and a sign of low solvency as PFGC would need 6.47 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.47, PFGC is in line with its industry, outperforming 53.66% of the companies in the same industry.
A Debt/Equity ratio of 1.05 is on the high side and indicates that PFGC has dependencies on debt financing.
The Debt to Equity ratio of PFGC (1.05) is worse than 68.29% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.05
Debt/FCF 6.47
Altman-Z 5.82
ROIC/WACC0.81
WACC7.51%

2.3 Liquidity

PFGC has a Current Ratio of 1.71. This is a normal value and indicates that PFGC is financially healthy and should not expect problems in meeting its short term obligations.
PFGC has a Current ratio of 1.71. This is in the better half of the industry: PFGC outperforms 75.61% of its industry peers.
PFGC has a Quick Ratio of 1.71. This is a bad value and indicates that PFGC is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of PFGC (0.75) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.71
Quick Ratio 0.75

6

3. Growth

3.1 Past

PFGC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.19%, which is quite good.
The Earnings Per Share has been growing by 20.30% on average over the past years. This is a very strong growth
PFGC shows a small growth in Revenue. In the last year, the Revenue has grown by 2.81%.
PFGC shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 26.58% yearly.
EPS 1Y (TTM)15.19%
EPS 3Y69.27%
EPS 5Y20.3%
EPS growth Q2Q8.43%
Revenue 1Y (TTM)2.81%
Revenue growth 3Y31.66%
Revenue growth 5Y26.58%
Revenue growth Q2Q2.85%

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 10.01% on average per year.
PFGC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.92% yearly.
EPS Next Y12.84%
EPS Next 2Y15.68%
EPS Next 3Y15.43%
EPS Next 5Y10.01%
Revenue Next Year2.75%
Revenue Next 2Y3.88%
Revenue Next 3Y4.27%
Revenue Next 5Y5.92%

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.

5

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 18.66, the valuation of PFGC can be described as rather expensive.
Based on the Price/Earnings ratio, PFGC is valued a bit cheaper than 70.73% of the companies in the same industry.
When comparing the Price/Earnings ratio of PFGC to the average of the S&P500 Index (26.42), we can say PFGC is valued slightly cheaper.
A Price/Forward Earnings ratio of 14.45 indicates a correct valuation of PFGC.
82.93% of the companies in the same industry are more expensive than PFGC, based on the Price/Forward Earnings ratio.
PFGC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.74.
Industry RankSector Rank
PE 18.66
Fwd PE 14.45

4.2 Price Multiples

PFGC's Enterprise Value to EBITDA is on the same level as the industry average.
80.49% of the companies in the same industry are more expensive than PFGC, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 18.16
EV/EBITDA 11.83

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as PFGC's earnings are expected to grow with 15.43% in the coming years.
PEG (NY)1.45
PEG (5Y)0.92
EPS Next 2Y15.68%
EPS Next 3Y15.43%

0

5. Dividend

5.1 Amount

No dividends for PFGC!.
Industry RankSector Rank
Dividend Yield N/A

PERFORMANCE FOOD GROUP CO

NYSE:PFGC (3/28/2024, 2:33:07 PM)

75.02

-0.73 (-0.96%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap11.67B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield N/A
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 18.66
Fwd PE 14.45
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.45
PEG (5Y)0.92
Profitability
Industry RankSector Rank
ROA 3.32%
ROE 11.12%
ROCE
ROIC
ROICexc
ROICexgc
OM 1.42%
PM (TTM) 0.74%
GM 11.13%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover4.48
Health
Industry RankSector Rank
Debt/Equity 1.05
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 1.71
Quick Ratio 0.75
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)15.19%
EPS 3Y69.27%
EPS 5Y
EPS growth Q2Q
EPS Next Y12.84%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)2.81%
Revenue growth 3Y31.66%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y