SPARTANNASH CO (SPTN) Stock Fundamental Analysis
NASDAQ:SPTN - Nasdaq - US8472151005 - Common Stock - Currency: USD
SPTN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 41 industry peers in the Consumer Staples Distribution & Retail industry. Both the profitability and the financial health of SPTN get a neutral evaluation. Nothing too spectacular is happening here. SPTN has a valuation in line with the averages, but on the other hand it scores bad on growth. Finally SPTN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year SPTN was profitable.
In the past year SPTN had a positive cash flow from operations.
Each year in the past 5 years SPTN has been profitable.
In the past 5 years SPTN always reported a positive cash flow from operatings.
1.2 Ratios
SPTN has a worse Return On Assets (0.01%) than 63.41% of its industry peers.
SPTN has a Return On Equity of 0.04%. This is in the lower half of the industry: SPTN underperforms 63.41% of its industry peers.
SPTN has a Return On Invested Capital (5.43%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for SPTN is below the industry average of 8.03%.
The last Return On Invested Capital (5.43%) for SPTN is above the 3 year average (4.81%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.01% | ||
| ROE | 0.04% | ||
| ROIC | 5.43% |
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
The Profit Margin of SPTN (0.00%) is worse than 63.41% of its industry peers.
SPTN's Profit Margin has declined in the last couple of years.
SPTN has a Operating Margin (1.37%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of SPTN has grown nicely.
The Gross Margin of SPTN (15.84%) is worse than 80.49% of its industry peers.
In the last couple of years the Gross Margin of SPTN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.37% | ||
| PM (TTM) | 0% | ||
| GM | 15.84% |
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.
Compared to 1 year ago, SPTN has less shares outstanding
Compared to 5 years ago, SPTN has less shares outstanding
The debt/assets ratio for SPTN is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.38 indicates that SPTN is not in any danger for bankruptcy at the moment.
The Altman-Z score of SPTN (4.38) is comparable to the rest of the industry.
SPTN has a debt to FCF ratio of 10.26. This is a negative value and a sign of low solvency as SPTN would need 10.26 years to pay back of all of its debts.
SPTN has a Debt to FCF ratio (10.26) which is comparable to the rest of the industry.
SPTN has a Debt/Equity ratio of 1.00. This is a neutral value indicating SPTN is somewhat dependend on debt financing.
SPTN has a worse Debt to Equity ratio (1.00) than 63.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 10.26 | ||
| Altman-Z | 4.38 |
ROIC/WACC0.52
WACC10.42%
2.3 Liquidity
A Current Ratio of 1.57 indicates that SPTN should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.57, SPTN is doing good in the industry, outperforming 78.05% of the companies in the same industry.
SPTN has a Quick Ratio of 1.57. This is a bad value and indicates that SPTN is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.78, SPTN is in the better half of the industry, outperforming 65.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.57 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The earnings per share for SPTN have decreased by -7.34% in the last year.
Measured over the past years, SPTN shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.72% on average per year.
The Revenue has decreased by -1.85% in the past year.
The Revenue has been growing slightly by 2.27% on average over the past years.
EPS 1Y (TTM)-7.34%
EPS 3Y5.71%
EPS 5Y12.72%
EPS Q2Q%20%
Revenue 1Y (TTM)-1.85%
Revenue growth 3Y2.26%
Revenue growth 5Y2.27%
Sales Q2Q%0.73%
3.2 Future
Based on estimates for the next years, SPTN will show a decrease in Earnings Per Share. The EPS will decrease by -1.29% on average per year.
Based on estimates for the next years, SPTN will show a small growth in Revenue. The Revenue will grow by 1.63% on average per year.
EPS Next Y-11%
EPS Next 2Y-5.73%
EPS Next 3Y-4.04%
EPS Next 5Y-1.29%
Revenue Next Year3.93%
Revenue Next 2Y1.56%
Revenue Next 3Y1.51%
Revenue Next 5Y1.63%
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
A Price/Earnings ratio of 9.64 indicates a reasonable valuation of SPTN.
Based on the Price/Earnings ratio, SPTN is valued cheaper than 95.12% of the companies in the same industry.
When comparing the Price/Earnings ratio of SPTN to the average of the S&P500 Index (25.91), we can say SPTN is valued rather cheaply.
SPTN is valuated reasonably with a Price/Forward Earnings ratio of 10.84.
Based on the Price/Forward Earnings ratio, SPTN is valued cheaper than 87.80% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.77, SPTN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.64 | ||
| Fwd PE | 10.84 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SPTN indicates a somewhat cheap valuation: SPTN is cheaper than 75.61% of the companies listed in the same industry.
SPTN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SPTN is cheaper than 87.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.97 | ||
| EV/EBITDA | 5.84 |
4.3 Compensation for Growth
A cheap valuation may be justified as SPTN's earnings are expected to decrease with -4.04% in the coming years.
PEG (NY)N/A
PEG (5Y)0.76
EPS Next 2Y-5.73%
EPS Next 3Y-4.04%
5. Dividend
5.1 Amount
SPTN has a Yearly Dividend Yield of 4.53%, which is a nice return.
Compared to an average industry Dividend Yield of 2.18, SPTN pays a better dividend. On top of this SPTN pays more dividend than 97.56% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, SPTN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.53% |
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 Years13
Div Non Decr Years17
5.3 Sustainability
10036.58% of the earnings are spent on dividend by SPTN. This is not a sustainable payout ratio.
The Dividend Rate of SPTN has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP10036.58%
EPS Next 2Y-5.73%
EPS Next 3Y-4.04%
NASDAQ:SPTN (5/27/2025, 2:54:09 PM)
19.48
+0.67 (+3.56%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners86.3%
Inst Owner Change3.72%
Ins Owners1.25%
Ins Owner Change5.3%
Market Cap659.40M
Analysts50
Price Target20.91 (7.34%)
Short Float %3.39%
Short Ratio4.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.53% |
Yearly Dividend0.88
Dividend Growth(5Y)5.56%
DP10036.58%
Div Incr Years13
Div Non Decr Years17
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)15.43%
Min EPS beat(2)-1.96%
Max EPS beat(2)32.83%
EPS beat(4)3
Avg EPS beat(4)8.78%
Min EPS beat(4)-1.96%
Max EPS beat(4)32.83%
EPS beat(8)3
Avg EPS beat(8)1.39%
EPS beat(12)6
Avg EPS beat(12)3.92%
EPS beat(16)8
Avg EPS beat(16)2.16%
Revenue beat(2)0
Avg Revenue beat(2)-1.41%
Min Revenue beat(2)-1.54%
Max Revenue beat(2)-1.29%
Revenue beat(4)0
Avg Revenue beat(4)-2.51%
Min Revenue beat(4)-3.6%
Max Revenue beat(4)-1.29%
Revenue beat(8)0
Avg Revenue beat(8)-2.96%
Revenue beat(12)4
Avg Revenue beat(12)-1.31%
Revenue beat(16)4
Avg Revenue beat(16)-1.42%
PT rev (1m)0%
PT rev (3m)-8.21%
EPS NQ rev (1m)-0.8%
EPS NQ rev (3m)3.33%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.37%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.64 | ||
| Fwd PE | 10.84 | ||
| P/S | 0.07 | ||
| P/FCF | 8.97 | ||
| P/OCF | 3.2 | ||
| P/B | 0.89 | ||
| P/tB | 1.48 | ||
| EV/EBITDA | 5.84 |
EPS(TTM)2.02
EY10.37%
EPS(NY)1.8
Fwd EY9.23%
FCF(TTM)2.17
FCFY11.14%
OCF(TTM)6.08
OCFY31.22%
SpS282.11
BVpS21.96
TBVpS13.14
PEG (NY)N/A
PEG (5Y)0.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.01% | ||
| ROE | 0.04% | ||
| ROCE | 6.88% | ||
| ROIC | 5.43% | ||
| ROICexc | 5.5% | ||
| ROICexgc | 6.53% | ||
| OM | 1.37% | ||
| PM (TTM) | 0% | ||
| GM | 15.84% | ||
| FCFM | 0.77% |
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%
ROICexcg growth 3Y3.02%
ROICexcg 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-Score5
Asset Turnover3.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 10.26 | ||
| Debt/EBITDA | 3.16 | ||
| Cap/Depr | 128.03% | ||
| Cap/Sales | 1.39% | ||
| Interest Coverage | 3.03 | ||
| Cash Conversion | 87.76% | ||
| Profit Quality | 24658.7% | ||
| Current Ratio | 1.57 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 4.38 |
F-Score5
WACC10.42%
ROIC/WACC0.52
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)-7.34%
EPS 3Y5.71%
EPS 5Y12.72%
EPS Q2Q%20%
EPS Next Y-11%
EPS Next 2Y-5.73%
EPS Next 3Y-4.04%
EPS Next 5Y-1.29%
Revenue 1Y (TTM)-1.85%
Revenue growth 3Y2.26%
Revenue growth 5Y2.27%
Sales Q2Q%0.73%
Revenue Next Year3.93%
Revenue Next 2Y1.56%
Revenue Next 3Y1.51%
Revenue Next 5Y1.63%
EBIT growth 1Y9.85%
EBIT growth 3Y11.59%
EBIT growth 5Y12.94%
EBIT Next Year103.3%
EBIT Next 3Y29.52%
EBIT Next 5Y22.66%
FCF growth 1Y337.02%
FCF growth 3Y-3.51%
FCF growth 5Y-6.92%
OCF growth 1Y130.48%
OCF growth 3Y8.5%
OCF growth 5Y2.72%