SPARTANNASH CO (SPTN) Stock Fundamental Analysis
USA - NASDAQ:SPTN - US8472151005 - Common Stock
26.9 USD
+0.44 (+1.66%)
26.91 USD
+0.01 (+0.04%)
Overall SPTN gets a fundamental rating of 4 out of 10. We evaluated SPTN against 39 industry peers in the Consumer Staples Distribution & Retail industry. While SPTN seems to be doing ok healthwise, there are quite some concerns on its profitability. SPTN is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year SPTN was profitable.
SPTN had a positive operating cash flow in the past year.
In the past 5 years SPTN has always been profitable.
Each year in the past 5 years SPTN had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.62%, SPTN is doing worse than 72.50% of the companies in the same industry.
With a Return On Equity value of -2.13%, SPTN is not doing good in the industry: 70.00% of the companies in the same industry are doing better.
SPTN has a Return On Invested Capital (4.64%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SPTN is below the industry average of 8.75%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.62% | ||
| ROE | -2.13% | ||
| ROIC | 4.64% |
ROA(3y)1.23%
ROA(5y)2.04%
ROE(3y)3.72%
ROE(5y)6.09%
ROIC(3y)4.81%
ROIC(5y)5.11%
1.3 Margins
In the last couple of years the Profit Margin of SPTN has declined.
SPTN's Operating Margin of 1.13% is on the low side compared to the rest of the industry. SPTN is outperformed by 60.00% of its industry peers.
SPTN's Operating Margin has improved in the last couple of years.
SPTN's Gross Margin of 16.33% is on the low side compared to the rest of the industry. SPTN is outperformed by 75.00% of its industry peers.
SPTN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.13% | ||
| PM (TTM) | N/A | ||
| GM | 16.33% |
OM growth 3Y9.13%
OM growth 5Y10.43%
PM growth 3Y-84.35%
PM growth 5Y-45.65%
GM growth 3Y0.25%
GM growth 5Y1.68%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SPTN is destroying value.
SPTN has less shares outstanding than it did 1 year ago.
The number of shares outstanding for SPTN has been reduced compared to 5 years ago.
Compared to 1 year ago, SPTN has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.57 indicates that SPTN is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.57, SPTN is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
SPTN has a debt to FCF ratio of 10.44. This is a negative value and a sign of low solvency as SPTN would need 10.44 years to pay back of all of its debts.
The Debt to FCF ratio of SPTN (10.44) is worse than 62.50% of its industry peers.
A Debt/Equity ratio of 0.96 indicates that SPTN is somewhat dependend on debt financing.
SPTN has a Debt to Equity ratio of 0.96. This is in the lower half of the industry: SPTN underperforms 65.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | 10.44 | ||
| Altman-Z | 4.57 |
ROIC/WACC0.62
WACC7.47%
2.3 Liquidity
A Current Ratio of 1.57 indicates that SPTN should not have too much problems paying its short term obligations.
SPTN has a better Current ratio (1.57) than 75.00% of its industry peers.
A Quick Ratio of 0.80 indicates that SPTN may have some problems paying its short term obligations.
SPTN's Quick ratio of 0.80 is fine compared to the rest of the industry. SPTN outperforms 67.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.57 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
SPTN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.95%.
SPTN shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.72% yearly.
SPTN shows a small growth in Revenue. In the last year, the Revenue has grown by 1.54%.
Measured over the past years, SPTN shows a small growth in Revenue. The Revenue has been growing by 2.27% on average per year.
EPS 1Y (TTM)-10.95%
EPS 3Y5.71%
EPS 5Y12.72%
EPS Q2Q%-8.47%
Revenue 1Y (TTM)1.54%
Revenue growth 3Y2.26%
Revenue growth 5Y2.27%
Sales Q2Q%1.81%
3.2 Future
SPTN is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.60% yearly.
Based on estimates for the next years, SPTN will show a small growth in Revenue. The Revenue will grow by 1.73% on average per year.
EPS Next Y-13.15%
EPS Next 2Y-4.46%
EPS Next 3Y-5.71%
EPS Next 5Y-3.6%
Revenue Next Year4.18%
Revenue Next 2Y1.95%
Revenue Next 3Y1.64%
Revenue Next 5Y1.73%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 15.03, which indicates a correct valuation of SPTN.
Based on the Price/Earnings ratio, SPTN is valued a bit cheaper than 72.50% of the companies in the same industry.
When comparing the Price/Earnings ratio of SPTN to the average of the S&P500 Index (26.10), we can say SPTN is valued slightly cheaper.
The Price/Forward Earnings ratio is 14.59, which indicates a correct valuation of SPTN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SPTN indicates a somewhat cheap valuation: SPTN is cheaper than 80.00% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of SPTN to the average of the S&P500 Index (22.52), we can say SPTN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.03 | ||
| Fwd PE | 14.59 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SPTN is valued a bit cheaper than 70.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SPTN is valued a bit cheaper than 77.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.04 | ||
| EV/EBITDA | 7.22 |
4.3 Compensation for Growth
A cheap valuation may be justified as SPTN's earnings are expected to decrease with -5.71% in the coming years.
PEG (NY)N/A
PEG (5Y)1.18
EPS Next 2Y-4.46%
EPS Next 3Y-5.71%
5. Dividend
5.1 Amount
SPTN has a Yearly Dividend Yield of 3.27%. Purely for dividend investing, there may be better candidates out there.
SPTN's Dividend Yield is rather good when compared to the industry average which is at 1.93. SPTN pays more dividend than 95.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, SPTN pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.27% |
5.2 History
The dividend of SPTN has a limited annual growth rate of 5.56%.
SPTN has paid a dividend for at least 10 years, which is a reliable track record.
SPTN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.56%
Div Incr Years14
Div Non Decr Years18
5.3 Sustainability
SPTN has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-190.15%
EPS Next 2Y-4.46%
EPS Next 3Y-5.71%
26.9
+0.44 (+1.66%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners99.62%
Inst Owner Change-1.01%
Ins Owners1.21%
Ins Owner Change-32.58%
Market Cap910.83M
Revenue(TTM)9.69B
Net Income(TTM)-15790000
Analysts50
Price Target27.44 (2.01%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.27% |
Yearly Dividend0.88
Dividend Growth(5Y)5.56%
DP-190.15%
Div Incr Years14
Div Non Decr Years18
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.72%
Min EPS beat(2)-20.94%
Max EPS beat(2)7.49%
EPS beat(4)2
Avg EPS beat(4)4.36%
Min EPS beat(4)-20.94%
Max EPS beat(4)32.83%
EPS beat(8)4
Avg EPS beat(8)0.07%
EPS beat(12)5
Avg EPS beat(12)-0.54%
EPS beat(16)8
Avg EPS beat(16)0.82%
Revenue beat(2)0
Avg Revenue beat(2)-1.52%
Min Revenue beat(2)-2.48%
Max Revenue beat(2)-0.56%
Revenue beat(4)0
Avg Revenue beat(4)-1.47%
Min Revenue beat(4)-2.48%
Max Revenue beat(4)-0.56%
Revenue beat(8)0
Avg Revenue beat(8)-2.42%
Revenue beat(12)2
Avg Revenue beat(12)-1.95%
Revenue beat(16)4
Avg Revenue beat(16)-1.35%
PT rev (1m)0%
PT rev (3m)28.1%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.23%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.04%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.03 | ||
| Fwd PE | 14.59 | ||
| P/S | 0.09 | ||
| P/FCF | 13.04 | ||
| P/OCF | 4.89 | ||
| P/B | 1.23 | ||
| P/tB | 2.05 | ||
| EV/EBITDA | 7.22 |
EPS(TTM)1.79
EY6.65%
EPS(NY)1.84
Fwd EY6.85%
FCF(TTM)2.06
FCFY7.67%
OCF(TTM)5.5
OCFY20.46%
SpS286.27
BVpS21.91
TBVpS13.15
PEG (NY)N/A
PEG (5Y)1.18
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.62% | ||
| ROE | -2.13% | ||
| ROCE | 5.87% | ||
| ROIC | 4.64% | ||
| ROICexc | 4.7% | ||
| ROICexgc | 5.61% | ||
| OM | 1.13% | ||
| PM (TTM) | N/A | ||
| GM | 16.33% | ||
| FCFM | 0.72% |
ROA(3y)1.23%
ROA(5y)2.04%
ROE(3y)3.72%
ROE(5y)6.09%
ROIC(3y)4.81%
ROIC(5y)5.11%
ROICexc(3y)4.87%
ROICexc(5y)5.17%
ROICexgc(3y)5.86%
ROICexgc(5y)6.29%
ROCE(3y)6.09%
ROCE(5y)6.47%
ROICexgc growth 3Y3.02%
ROICexgc growth 5Y8.87%
ROICexc growth 3Y4.32%
ROICexc growth 5Y10.44%
OM growth 3Y9.13%
OM growth 5Y10.43%
PM growth 3Y-84.35%
PM growth 5Y-45.65%
GM growth 3Y0.25%
GM growth 5Y1.68%
F-Score3
Asset Turnover3.79
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | 10.44 | ||
| Debt/EBITDA | 3.19 | ||
| Cap/Depr | 102.06% | ||
| Cap/Sales | 1.2% | ||
| Interest Coverage | 2.35 | ||
| Cash Conversion | 83.36% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.57 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 4.57 |
F-Score3
WACC7.47%
ROIC/WACC0.62
Cap/Depr(3y)117.77%
Cap/Depr(5y)102.76%
Cap/Sales(3y)1.21%
Cap/Sales(5y)1.05%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10.95%
EPS 3Y5.71%
EPS 5Y12.72%
EPS Q2Q%-8.47%
EPS Next Y-13.15%
EPS Next 2Y-4.46%
EPS Next 3Y-5.71%
EPS Next 5Y-3.6%
Revenue 1Y (TTM)1.54%
Revenue growth 3Y2.26%
Revenue growth 5Y2.27%
Sales Q2Q%1.81%
Revenue Next Year4.18%
Revenue Next 2Y1.95%
Revenue Next 3Y1.64%
Revenue Next 5Y1.73%
EBIT growth 1Y-15.11%
EBIT growth 3Y11.59%
EBIT growth 5Y12.94%
EBIT Next Year103.89%
EBIT Next 3Y29.37%
EBIT Next 5Y22.45%
FCF growth 1Y250.97%
FCF growth 3Y-3.51%
FCF growth 5Y-6.92%
OCF growth 1Y41.6%
OCF growth 3Y8.5%
OCF growth 5Y2.72%
SPARTANNASH CO / SPTN FAQ
What is the fundamental rating for SPTN stock?
ChartMill assigns a fundamental rating of 4 / 10 to SPTN.
What is the valuation status for SPTN stock?
ChartMill assigns a valuation rating of 4 / 10 to SPARTANNASH CO (SPTN). This can be considered as Fairly Valued.
How profitable is SPARTANNASH CO (SPTN) stock?
SPARTANNASH CO (SPTN) has a profitability rating of 3 / 10.
Can you provide the financial health for SPTN stock?
The financial health rating of SPARTANNASH CO (SPTN) is 4 / 10.
What is the expected EPS growth for SPARTANNASH CO (SPTN) stock?
The Earnings per Share (EPS) of SPARTANNASH CO (SPTN) is expected to decline by -13.15% in the next year.