PERFORMANCE FOOD GROUP CO (PFGC) Stock Fundamental Analysis
USA - NYSE:PFGC - US71377A1034 - Common Stock
105.88 USD
-0.37 (-0.35%)
105.88 USD
0 (0%)
Taking everything into account, PFGC scores 4 out of 10 in our fundamental rating. PFGC was compared to 40 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
In the past year PFGC was profitable.
PFGC had a positive operating cash flow in the past year.
Each year in the past 5 years PFGC has been profitable.
PFGC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PFGC has a Return On Assets of 1.90%. This is in the lower half of the industry: PFGC underperforms 60.00% of its industry peers.
The Return On Equity of PFGC (7.61%) is comparable to the rest of the industry.
PFGC has a Return On Invested Capital (4.50%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for PFGC is below the industry average of 8.47%.
| 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 65.00% of its industry peers.
PFGC's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 1.29%, PFGC perfoms like the industry average, outperforming 42.50% of the companies in the same industry.
PFGC's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 11.72%, PFGC is doing worse than 85.00% of the companies in the same industry.
PFGC's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so PFGC is destroying value.
The number of shares outstanding for PFGC has been increased compared to 1 year ago.
Compared to 5 years ago, PFGC has more shares outstanding
Compared to 1 year ago, PFGC has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.74 indicates that PFGC is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.74, PFGC is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
PFGC has a debt to FCF ratio of 9.93. This is a negative value and a sign of low solvency as PFGC would need 9.93 years to pay back of all of its debts.
The Debt to FCF ratio of PFGC (9.93) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.51 is on the high side and indicates that PFGC has dependencies on debt financing.
PFGC's Debt to Equity ratio of 1.51 is on the low side compared to the rest of the industry. PFGC is outperformed by 77.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.51 | ||
| Debt/FCF | 9.93 | ||
| Altman-Z | 4.74 |
ROIC/WACC0.59
WACC7.67%
2.3 Liquidity
A Current Ratio of 1.58 indicates that PFGC should not have too much problems paying its short term obligations.
The Current ratio of PFGC (1.58) is better than 77.50% of its industry peers.
PFGC has a Quick Ratio of 1.58. 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 (0.72) 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.
PFGC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 41.14% yearly.
PFGC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.61%.
Measured over the past years, PFGC shows a very strong growth in Revenue. The Revenue has been growing by 20.34% on average per year.
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
The Earnings Per Share is expected to grow by 19.33% on average over the next years. This is quite good.
The Revenue is expected to grow by 1.70% on average over the next years.
EPS Next Y17.13%
EPS Next 2Y20.15%
EPS Next 3Y19.33%
EPS Next 5YN/A
Revenue Next Year6.51%
Revenue Next 2Y6.32%
Revenue Next 3Y5.55%
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
PFGC is valuated rather expensively with a Price/Earnings ratio of 23.63.
PFGC's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of PFGC to the average of the S&P500 Index (27.30), we can say PFGC is valued inline with the index average.
With a Price/Forward Earnings ratio of 20.18, PFGC is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PFGC indicates a somewhat cheap valuation: PFGC is cheaper than 62.50% of the companies listed in the same industry.
PFGC's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.63 | ||
| Fwd PE | 20.18 |
4.2 Price Multiples
PFGC's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PFGC is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.54 | ||
| EV/EBITDA | 15.31 |
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 19.33% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.38
PEG (5Y)0.57
EPS Next 2Y20.15%
EPS Next 3Y19.33%
5. Dividend
5.1 Amount
PFGC does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
105.88
-0.37 (-0.35%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners102.03%
Inst Owner Change1.08%
Ins Owners2%
Ins Owner Change0.5%
Market Cap16.57B
Analysts79.13
Price Target116.83 (10.34%)
Short Float %2.91%
Short Ratio2.59
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)8.45%
PT rev (3m)11.26%
EPS NQ rev (1m)-5.16%
EPS NQ rev (3m)-4.83%
EPS NY rev (1m)-1.9%
EPS NY rev (3m)-1.19%
Revenue NQ rev (1m)-0.27%
Revenue NQ rev (3m)-0.26%
Revenue NY rev (1m)0.54%
Revenue NY rev (3m)0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.63 | ||
| Fwd PE | 20.18 | ||
| P/S | 0.26 | ||
| P/FCF | 23.54 | ||
| P/OCF | 13.7 | ||
| P/B | 3.71 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.31 |
EPS(TTM)4.48
EY4.23%
EPS(NY)5.25
Fwd EY4.96%
FCF(TTM)4.5
FCFY4.25%
OCF(TTM)7.73
OCFY7.3%
SpS404.41
BVpS28.57
TBVpS-4.45
PEG (NY)1.38
PEG (5Y)0.57
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 | 4.74 |
F-Score5
WACC7.67%
ROIC/WACC0.59
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 Y17.13%
EPS Next 2Y20.15%
EPS Next 3Y19.33%
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 3Y5.55%
Revenue Next 5Y1.7%
EBIT growth 1Y-1.2%
EBIT growth 3Y35.65%
EBIT growth 5YN/A
EBIT Next Year52.15%
EBIT Next 3Y23.26%
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%