UNITED NATURAL FOODS INC (UNFI) Stock Fundamental Analysis
USA - NYSE:UNFI - US9111631035 - Common Stock
39.54 USD
-0.31 (-0.78%)
39.54 USD
0 (0%)
Taking everything into account, UNFI scores 3 out of 10 in our fundamental rating. UNFI was compared to 39 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
UNFI had positive earnings in the past year.
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 Return On Assets of -1.55%. This is in the lower half of the industry: UNFI underperforms 71.79% of its industry peers.
The Return On Equity of UNFI (-7.61%) is worse than 69.23% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.40%, UNFI is doing worse than 61.54% of the companies in the same industry.
UNFI had an Average Return On Invested Capital over the past 3 years of 2.42%. This is significantly below the industry average of 8.71%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.55% | ||
| ROE | -7.61% | ||
| ROIC | 2.4% |
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
With a Operating Margin value of 0.48%, UNFI is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
UNFI's Operating Margin has declined in the last couple of years.
UNFI has a worse Gross Margin (13.28%) than 79.49% of its industry peers.
UNFI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.48% | ||
| PM (TTM) | N/A | ||
| GM | 13.28% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UNFI is destroying value.
Compared to 1 year ago, UNFI has more shares outstanding
Compared to 5 years ago, UNFI has more shares outstanding
UNFI has a better debt/assets ratio than last year.
2.2 Solvency
UNFI has an Altman-Z score of 4.81. This indicates that UNFI is financially healthy and has little risk of bankruptcy at the moment.
UNFI's Altman-Z score of 4.81 is fine compared to the rest of the industry. UNFI outperforms 69.23% of its industry peers.
UNFI has a debt to FCF ratio of 7.86. This is a slightly negative value and a sign of low solvency as UNFI would need 7.86 years to pay back of all of its debts.
With a Debt to FCF ratio value of 7.86, UNFI perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
UNFI has a Debt/Equity ratio of 1.21. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of UNFI (1.21) is worse than 71.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 7.86 | ||
| Altman-Z | 4.81 |
ROIC/WACC0.31
WACC7.72%
2.3 Liquidity
UNFI has a Current Ratio of 1.32. This is a normal value and indicates that UNFI is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.32, UNFI is doing good in the industry, outperforming 71.79% of the companies in the same industry.
A Quick Ratio of 0.51 indicates that UNFI may have some problems paying its short term obligations.
UNFI's Quick ratio of 0.51 is in line compared to the rest of the industry. UNFI outperforms 43.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
UNFI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 407.14%, which is quite impressive.
Measured over the past years, UNFI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -24.53% on average per year.
The Revenue has been growing slightly by 2.60% in the past year.
UNFI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.66% yearly.
EPS 1Y (TTM)407.14%
EPS 3Y-45.84%
EPS 5Y-24.53%
EPS Q2Q%-1200%
Revenue 1Y (TTM)2.6%
Revenue growth 3Y3.19%
Revenue growth 5Y3.66%
Sales Q2Q%-5.63%
3.2 Future
Based on estimates for the next years, UNFI will show a very strong growth in Earnings Per Share. The EPS will grow by 32.85% on average per year.
The Revenue is expected to grow by 2.22% on average over the next years.
EPS Next Y105.6%
EPS Next 2Y62.58%
EPS Next 3Y64.99%
EPS Next 5Y32.85%
Revenue Next Year0.95%
Revenue Next 2Y1.32%
Revenue Next 3Y1.58%
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
With a Price/Earnings ratio of 55.69, UNFI can be considered very expensive at the moment.
UNFI's Price/Earnings ratio is a bit more expensive when compared to the industry. UNFI is more expensive than 69.23% of the companies in the same industry.
UNFI is valuated expensively when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 27.09 indicates a quite expensive valuation of UNFI.
UNFI's Price/Forward Earnings is on the same level as the industry average.
UNFI's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 55.69 | ||
| Fwd PE | 27.09 |
4.2 Price Multiples
UNFI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. UNFI is cheaper than 69.23% of the companies in the same industry.
UNFI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. UNFI is cheaper than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.03 | ||
| EV/EBITDA | 8.99 |
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 64.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.53
PEG (5Y)N/A
EPS Next 2Y62.58%
EPS Next 3Y64.99%
5. Dividend
5.1 Amount
UNFI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
39.54
-0.31 (-0.78%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners99.41%
Inst Owner Change0.1%
Ins Owners1.74%
Ins Owner Change2.19%
Market Cap2.40B
Revenue(TTM)31.78B
Net Income(TTM)-118000000
Analysts74.12
Price Target30.73 (-22.28%)
Short Float %8.13%
Short Ratio4.48
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)2
Avg EPS beat(2)72.07%
Min EPS beat(2)42.23%
Max EPS beat(2)101.92%
EPS beat(4)4
Avg EPS beat(4)282.96%
Min EPS beat(4)16.24%
Max EPS beat(4)971.46%
EPS beat(8)8
Avg EPS beat(8)263.87%
EPS beat(12)9
Avg EPS beat(12)170.98%
EPS beat(16)11
Avg EPS beat(16)132.95%
Revenue beat(2)1
Avg Revenue beat(2)0.15%
Min Revenue beat(2)-1.22%
Max Revenue beat(2)1.51%
Revenue beat(4)3
Avg Revenue beat(4)0.55%
Min Revenue beat(4)-1.22%
Max Revenue beat(4)1.51%
Revenue beat(8)4
Avg Revenue beat(8)-0.66%
Revenue beat(12)4
Avg Revenue beat(12)-1.04%
Revenue beat(16)7
Avg Revenue beat(16)-0.8%
PT rev (1m)4.78%
PT rev (3m)13.37%
EPS NQ rev (1m)58.71%
EPS NQ rev (3m)110.26%
EPS NY rev (1m)0%
EPS NY rev (3m)13.28%
Revenue NQ rev (1m)-1.07%
Revenue NQ rev (3m)0.25%
Revenue NY rev (1m)-0.29%
Revenue NY rev (3m)0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 55.69 | ||
| Fwd PE | 27.09 | ||
| P/S | 0.08 | ||
| P/FCF | 10.03 | ||
| P/OCF | 5.1 | ||
| P/B | 1.55 | ||
| P/tB | 2.51 | ||
| EV/EBITDA | 8.99 |
EPS(TTM)0.71
EY1.8%
EPS(NY)1.46
Fwd EY3.69%
FCF(TTM)3.94
FCFY9.97%
OCF(TTM)7.75
OCFY19.6%
SpS524.06
BVpS25.57
TBVpS15.76
PEG (NY)0.53
PEG (5Y)N/A
Graham Number20.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.55% | ||
| ROE | -7.61% | ||
| ROCE | 3.04% | ||
| ROIC | 2.4% | ||
| ROICexc | 2.43% | ||
| ROICexgc | 2.76% | ||
| OM | 0.48% | ||
| PM (TTM) | N/A | ||
| GM | 13.28% | ||
| FCFM | 0.75% |
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 Turnover4.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 7.86 | ||
| Debt/EBITDA | 3.95 | ||
| Cap/Depr | 71.96% | ||
| Cap/Sales | 0.73% | ||
| Interest Coverage | 1.03 | ||
| Cash Conversion | 99.37% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.51 | ||
| Altman-Z | 4.81 |
F-Score4
WACC7.72%
ROIC/WACC0.31
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)407.14%
EPS 3Y-45.84%
EPS 5Y-24.53%
EPS Q2Q%-1200%
EPS Next Y105.6%
EPS Next 2Y62.58%
EPS Next 3Y64.99%
EPS Next 5Y32.85%
Revenue 1Y (TTM)2.6%
Revenue growth 3Y3.19%
Revenue growth 5Y3.66%
Sales Q2Q%-5.63%
Revenue Next Year0.95%
Revenue Next 2Y1.32%
Revenue Next 3Y1.58%
Revenue Next 5Y2.22%
EBIT growth 1Y-0.65%
EBIT growth 3Y-24.77%
EBIT growth 5Y-14.77%
EBIT Next Year252.84%
EBIT Next 3Y63.42%
EBIT Next 5Y35.95%
FCF growth 1Y359.78%
FCF growth 3Y44.02%
FCF growth 5Y-3.38%
OCF growth 1Y85.77%
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 5 / 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.