UNITED NATURAL FOODS INC (UNFI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:UNFI - US9111631035 - Common Stock
33.72 USD
+0.31 (+0.93%)
33.7709 USD
+0.05 (+0.15%)
Overall UNFI gets a fundamental rating of 3 out of 10. We evaluated UNFI against 38 industry peers in the Consumer Staples Distribution & Retail industry. Both the profitability and financial health of UNFI have multiple concerns. UNFI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year UNFI was profitable.
UNFI had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: UNFI reported negative net income in multiple years.
Each year in the past 5 years UNFI had a positive operating cash flow.
1.2 Ratios
UNFI has a worse Return On Assets (-1.34%) than 71.05% of its industry peers.
UNFI's Return On Equity of -6.53% is on the low side compared to the rest of the industry. UNFI is outperformed by 71.05% of its industry peers.
With a Return On Invested Capital value of 2.90%, UNFI is not doing good in the industry: 63.16% of the companies in the same industry are doing better.
UNFI had an Average Return On Invested Capital over the past 3 years of 2.42%. This is significantly below the industry average of 28.32%.
The last Return On Invested Capital (2.90%) for UNFI is above the 3 year average (2.42%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.34% | ||
| ROE | -6.53% | ||
| ROIC | 2.9% |
ROA(3y)-0.91%
ROA(5y)0.5%
ROE(3y)-4.35%
ROE(5y)2.13%
ROIC(3y)2.42%
ROIC(5y)3.62%
1.3 Margins
Looking at the Operating Margin, with a value of 0.58%, UNFI is doing worse than 68.42% of the companies in the same industry.
In the last couple of years the Operating Margin of UNFI has declined.
UNFI has a worse Gross Margin (13.38%) than 76.32% of its industry peers.
In the last couple of years the Gross Margin of UNFI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.58% | ||
| PM (TTM) | N/A | ||
| GM | 13.38% |
OM growth 3Y-27.09%
OM growth 5Y-17.78%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.78%
GM growth 5Y-1.93%
2. Health
2.1 Basic Checks
UNFI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, UNFI has more shares outstanding
UNFI has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, UNFI has an improved debt to assets ratio.
2.2 Solvency
UNFI has an Altman-Z score of 4.83. This indicates that UNFI is financially healthy and has little risk of bankruptcy at the moment.
UNFI has a better Altman-Z score (4.83) than 73.68% of its industry peers.
UNFI has a debt to FCF ratio of 5.63. This is a neutral value as UNFI would need 5.63 years to pay back of all of its debts.
UNFI has a Debt to FCF ratio of 5.63. This is comparable to the rest of the industry: UNFI outperforms 47.37% of its industry peers.
A Debt/Equity ratio of 1.25 is on the high side and indicates that UNFI has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.25, UNFI is doing worse than 76.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 5.63 | ||
| Altman-Z | 4.83 |
ROIC/WACC0.37
WACC7.9%
2.3 Liquidity
A Current Ratio of 1.38 indicates that UNFI should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.38, UNFI is doing good in the industry, outperforming 71.05% of the companies in the same industry.
UNFI has a Quick Ratio of 1.38. This is a bad value and indicates that UNFI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.50, UNFI is not doing good in the industry: 63.16% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 0.5 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 226.47% over the past year.
The earnings per share for UNFI have been decreasing by -24.53% on average. This is quite bad
The Revenue has been growing slightly by 1.45% in the past year.
Measured over the past years, UNFI shows a small growth in Revenue. The Revenue has been growing by 3.66% on average per year.
EPS 1Y (TTM)226.47%
EPS 3Y-45.84%
EPS 5Y-24.53%
EPS Q2Q%250%
Revenue 1Y (TTM)1.45%
Revenue growth 3Y3.19%
Revenue growth 5Y3.66%
Sales Q2Q%-0.39%
3.2 Future
UNFI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.85% yearly.
The Revenue is expected to grow by 2.22% on average over the next years.
EPS Next Y210.31%
EPS Next 2Y98.66%
EPS Next 3Y67.69%
EPS Next 5Y32.85%
Revenue Next Year0.44%
Revenue Next 2Y1.29%
Revenue Next 3Y1.63%
Revenue Next 5Y2.22%
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 accelerating.
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
Based on the Price/Earnings ratio of 30.38, the valuation of UNFI can be described as expensive.
Based on the Price/Earnings ratio, UNFI is valued a bit more expensive than the industry average as 60.53% of the companies are valued more cheaply.
UNFI's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.84.
With a Price/Forward Earnings ratio of 12.03, UNFI is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of UNFI indicates a somewhat cheap valuation: UNFI is cheaper than 78.95% of the companies listed in the same industry.
UNFI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.40, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.38 | ||
| Fwd PE | 12.03 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of UNFI indicates a somewhat cheap valuation: UNFI is cheaper than 71.05% of the companies listed in the same industry.
UNFI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. UNFI is cheaper than 89.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.97 | ||
| EV/EBITDA | 7.86 |
4.3 Compensation for Growth
UNFI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
UNFI's earnings are expected to grow with 67.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.14
PEG (5Y)N/A
EPS Next 2Y98.66%
EPS Next 3Y67.69%
5. Dividend
5.1 Amount
No dividends for UNFI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
33.72
+0.31 (+0.93%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners99.37%
Inst Owner Change-1.29%
Ins Owners1.71%
Ins Owner Change9.83%
Market Cap2.05B
Revenue(TTM)31.75B
Net Income(TTM)-101.00M
Analysts73.75
Price Target41.31 (22.51%)
Short Float %6%
Short Ratio3.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)2
Avg EPS beat(2)37.37%
Min EPS beat(2)32.52%
Max EPS beat(2)42.23%
EPS beat(4)4
Avg EPS beat(4)48.22%
Min EPS beat(4)16.24%
Max EPS beat(4)101.92%
EPS beat(8)8
Avg EPS beat(8)257.02%
EPS beat(12)10
Avg EPS beat(12)174.01%
EPS beat(16)11
Avg EPS beat(16)130.7%
Revenue beat(2)0
Avg Revenue beat(2)-2.03%
Min Revenue beat(2)-2.84%
Max Revenue beat(2)-1.22%
Revenue beat(4)2
Avg Revenue beat(4)-0.5%
Min Revenue beat(4)-2.84%
Max Revenue beat(4)1.51%
Revenue beat(8)4
Avg Revenue beat(8)-0.67%
Revenue beat(12)4
Avg Revenue beat(12)-1.18%
Revenue beat(16)6
Avg Revenue beat(16)-1.03%
PT rev (1m)-0.61%
PT rev (3m)40.87%
EPS NQ rev (1m)3.34%
EPS NQ rev (3m)25.42%
EPS NY rev (1m)6.63%
EPS NY rev (3m)50.93%
Revenue NQ rev (1m)-0.54%
Revenue NQ rev (3m)-0.86%
Revenue NY rev (1m)-0.27%
Revenue NY rev (3m)-0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.38 | ||
| Fwd PE | 12.03 | ||
| P/S | 0.06 | ||
| P/FCF | 5.97 | ||
| P/OCF | 3.79 | ||
| P/B | 1.33 | ||
| P/tB | 2.12 | ||
| EV/EBITDA | 7.86 |
EPS(TTM)1.11
EY3.29%
EPS(NY)2.8
Fwd EY8.31%
FCF(TTM)5.65
FCFY16.74%
OCF(TTM)8.9
OCFY26.38%
SpS521.14
BVpS25.39
TBVpS15.92
PEG (NY)0.14
PEG (5Y)N/A
Graham Number25.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.34% | ||
| ROE | -6.53% | ||
| ROCE | 3.68% | ||
| ROIC | 2.9% | ||
| ROICexc | 2.93% | ||
| ROICexgc | 3.31% | ||
| OM | 0.58% | ||
| PM (TTM) | N/A | ||
| GM | 13.38% | ||
| FCFM | 1.08% |
ROA(3y)-0.91%
ROA(5y)0.5%
ROE(3y)-4.35%
ROE(5y)2.13%
ROIC(3y)2.42%
ROIC(5y)3.62%
ROICexc(3y)2.44%
ROICexc(5y)3.65%
ROICexgc(3y)2.81%
ROICexgc(5y)4.33%
ROCE(3y)3.06%
ROCE(5y)4.58%
ROICexgc growth 3Y-24.92%
ROICexgc growth 5Y-15.46%
ROICexc growth 3Y-23.68%
ROICexc growth 5Y-14.02%
OM growth 3Y-27.09%
OM growth 5Y-17.78%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.78%
GM growth 5Y-1.93%
F-Score4
Asset Turnover4.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.25 | ||
| Debt/FCF | 5.63 | ||
| Debt/EBITDA | 3.83 | ||
| Cap/Depr | 62.26% | ||
| Cap/Sales | 0.62% | ||
| Interest Coverage | 1.29 | ||
| Cash Conversion | 107.75% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.38 | ||
| Quick Ratio | 0.5 | ||
| Altman-Z | 4.83 |
F-Score4
WACC7.9%
ROIC/WACC0.37
Cap/Depr(3y)95.45%
Cap/Depr(5y)96.64%
Cap/Sales(3y)0.97%
Cap/Sales(5y)0.99%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)226.47%
EPS 3Y-45.84%
EPS 5Y-24.53%
EPS Q2Q%250%
EPS Next Y210.31%
EPS Next 2Y98.66%
EPS Next 3Y67.69%
EPS Next 5Y32.85%
Revenue 1Y (TTM)1.45%
Revenue growth 3Y3.19%
Revenue growth 5Y3.66%
Sales Q2Q%-0.39%
Revenue Next Year0.44%
Revenue Next 2Y1.29%
Revenue Next 3Y1.63%
Revenue Next 5Y2.22%
EBIT growth 1Y7.56%
EBIT growth 3Y-24.77%
EBIT growth 5Y-14.77%
EBIT Next Year281.93%
EBIT Next 3Y63.97%
EBIT Next 5Y35.95%
FCF growth 1Y13.91%
FCF growth 3Y44.02%
FCF growth 5Y-3.38%
OCF growth 1Y-14.24%
OCF growth 3Y12.4%
OCF growth 5Y0.58%
UNITED NATURAL FOODS INC / UNFI FAQ
What is the fundamental rating for UNFI stock?
ChartMill assigns a fundamental rating of 3 / 10 to UNFI.
Can you provide the valuation status for UNITED NATURAL FOODS INC?
ChartMill assigns a valuation rating of 6 / 10 to UNITED NATURAL FOODS INC (UNFI). This can be considered as Fairly Valued.
Can you provide the profitability details for UNITED NATURAL FOODS INC?
UNITED NATURAL FOODS INC (UNFI) has a profitability rating of 2 / 10.
What is the financial health of UNITED NATURAL FOODS INC (UNFI) stock?
The financial health rating of UNITED NATURAL FOODS INC (UNFI) is 3 / 10.