UNITED NATURAL FOODS INC (UNFI) Stock Fundamental Analysis
USA - NYSE:UNFI - US9111631035 - Common Stock
29.49 USD
+0.62 (+2.15%)
29.49 USD
0 (0%)
Overall UNFI gets a fundamental rating of 3 out of 10. We evaluated UNFI against 40 industry peers in the Consumer Staples Distribution & Retail industry. UNFI has a bad profitability rating. Also its financial health evaluation is rather negative. 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.
UNFI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.89%, UNFI is doing worse than 75.00% of the companies in the same industry.
UNFI has a worse Return On Equity (-4.18%) than 75.00% of its industry peers.
The Return On Invested Capital of UNFI (3.26%) is worse than 62.50% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for UNFI is significantly below the industry average of 8.47%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.89% | ||
| ROE | -4.18% | ||
| ROIC | 3.26% |
ROA(3y)0.7%
ROA(5y)0.09%
ROE(3y)2.8%
ROE(5y)-1.14%
ROIC(3y)3.42%
ROIC(5y)4.16%
1.3 Margins
Looking at the Operating Margin, with a value of 0.66%, UNFI is doing worse than 67.50% 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 (13.36%) than 80.00% of its industry peers.
In the last couple of years the Gross Margin of UNFI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.66% | ||
| PM (TTM) | N/A | ||
| GM | 13.36% |
OM growth 3Y-27.27%
OM growth 5Y-14.68%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.47%
GM growth 5Y-1.21%
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.
UNFI has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, UNFI has more shares outstanding
The debt/assets ratio for UNFI is higher compared to a year ago.
2.2 Solvency
UNFI has an Altman-Z score of 4.87. This indicates that UNFI is financially healthy and has little risk of bankruptcy at the moment.
UNFI's Altman-Z score of 4.87 is fine compared to the rest of the industry. UNFI outperforms 72.50% of its industry peers.
The Debt to FCF ratio of UNFI is 8.84, which is on the high side as it means it would take UNFI, 8.84 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 8.84, UNFI perfoms like the industry average, outperforming 47.50% of the companies in the same industry.
A Debt/Equity ratio of 1.21 is on the high side and indicates that UNFI has dependencies on debt financing.
With a Debt to Equity ratio value of 1.21, UNFI is not doing good in the industry: 72.50% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 8.84 | ||
| Altman-Z | 4.87 |
ROIC/WACC0.41
WACC8.04%
2.3 Liquidity
A Current Ratio of 1.41 indicates that UNFI should not have too much problems paying its short term obligations.
The Current ratio of UNFI (1.41) is better than 72.50% of its industry peers.
UNFI has a Quick Ratio of 1.41. This is a bad value and indicates that UNFI is not financially healthy enough and could expect problems in meeting its short term obligations.
UNFI has a Quick ratio (0.51) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| 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 791.67%, which is quite impressive.
The earnings per share for UNFI have been decreasing by -41.71% on average. This is quite bad
Looking at the last year, UNFI shows a small growth in Revenue. The Revenue has grown by 6.62% in the last year.
The Revenue has been growing slightly by 6.76% on average over the past years.
EPS 1Y (TTM)791.67%
EPS 3Y-66.96%
EPS 5Y-41.71%
EPS Q2Q%340%
Revenue 1Y (TTM)6.62%
Revenue growth 3Y4.75%
Revenue growth 5Y6.76%
Sales Q2Q%7.48%
3.2 Future
UNFI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 58.43% yearly.
UNFI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.98% yearly.
EPS Next Y359%
EPS Next 2Y222.9%
EPS Next 3Y137.56%
EPS Next 5Y58.43%
Revenue Next Year3.19%
Revenue Next 2Y2.21%
Revenue Next 3Y1.89%
Revenue Next 5Y0.98%
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.
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
With a Price/Earnings ratio of 35.53, UNFI can be considered very expensive at the moment.
Based on the Price/Earnings ratio, UNFI is valued a bit more expensive than the industry average as 67.50% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of UNFI to the average of the S&P500 Index (27.41), we can say UNFI is valued slightly more expensively.
Based on the Price/Forward Earnings ratio of 20.20, the valuation of UNFI can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of UNFI is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 22.87. UNFI is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.53 | ||
| Fwd PE | 20.2 |
4.2 Price Multiples
UNFI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. UNFI is cheaper than 75.00% of the companies in the same industry.
90.00% of the companies in the same industry are more expensive than UNFI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.97 | ||
| EV/EBITDA | 6.79 |
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.
A more expensive valuation may be justified as UNFI's earnings are expected to grow with 137.56% in the coming years.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y222.9%
EPS Next 3Y137.56%
5. Dividend
5.1 Amount
No dividends for UNFI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
29.49
+0.62 (+2.15%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners91.89%
Inst Owner Change5.05%
Ins Owners1.74%
Ins Owner Change-0.42%
Market Cap1.79B
Analysts72.94
Price Target29.33 (-0.54%)
Short Float %8.29%
Short Ratio5.08
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)59.08%
Min EPS beat(2)16.24%
Max EPS beat(2)101.92%
EPS beat(4)4
Avg EPS beat(4)299.94%
Min EPS beat(4)16.24%
Max EPS beat(4)971.46%
EPS beat(8)8
Avg EPS beat(8)260.35%
EPS beat(12)8
Avg EPS beat(12)167.33%
EPS beat(16)11
Avg EPS beat(16)133.05%
Revenue beat(2)2
Avg Revenue beat(2)1.02%
Min Revenue beat(2)0.53%
Max Revenue beat(2)1.51%
Revenue beat(4)4
Avg Revenue beat(4)1.02%
Min Revenue beat(4)0.53%
Max Revenue beat(4)1.51%
Revenue beat(8)4
Avg Revenue beat(8)-0.84%
Revenue beat(12)4
Avg Revenue beat(12)-1.18%
Revenue beat(16)7
Avg Revenue beat(16)-0.92%
PT rev (1m)0.44%
PT rev (3m)9.52%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-183.13%
EPS NY rev (1m)0%
EPS NY rev (3m)-15.9%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.49%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.53 | ||
| Fwd PE | 20.2 | ||
| P/S | 0.06 | ||
| P/FCF | 7.97 | ||
| P/OCF | 3.51 | ||
| P/B | 1.1 | ||
| P/tB | 1.76 | ||
| EV/EBITDA | 6.79 |
EPS(TTM)0.83
EY2.81%
EPS(NY)1.46
Fwd EY4.95%
FCF(TTM)3.7
FCFY12.54%
OCF(TTM)8.4
OCFY28.5%
SpS532.33
BVpS26.83
TBVpS16.72
PEG (NY)0.1
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.89% | ||
| ROE | -4.18% | ||
| ROCE | 4.13% | ||
| ROIC | 3.26% | ||
| ROICexc | 3.29% | ||
| ROICexgc | 3.74% | ||
| OM | 0.66% | ||
| PM (TTM) | N/A | ||
| GM | 13.36% | ||
| FCFM | 0.69% |
ROA(3y)0.7%
ROA(5y)0.09%
ROE(3y)2.8%
ROE(5y)-1.14%
ROIC(3y)3.42%
ROIC(5y)4.16%
ROICexc(3y)3.45%
ROICexc(5y)4.19%
ROICexgc(3y)4.06%
ROICexgc(5y)5.05%
ROCE(3y)4.33%
ROCE(5y)5.27%
ROICexcg growth 3Y-25.98%
ROICexcg growth 5Y-13.26%
ROICexc growth 3Y-24.44%
ROICexc growth 5Y-9.28%
OM growth 3Y-27.27%
OM growth 5Y-14.68%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.47%
GM growth 5Y-1.21%
F-Score5
Asset Turnover4.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 8.84 | ||
| Debt/EBITDA | 3.6 | ||
| Cap/Depr | 85.59% | ||
| Cap/Sales | 0.88% | ||
| Interest Coverage | 1.33 | ||
| Cash Conversion | 93.05% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 0.51 | ||
| Altman-Z | 4.87 |
F-Score5
WACC8.04%
ROIC/WACC0.41
Cap/Depr(3y)100.82%
Cap/Depr(5y)94.51%
Cap/Sales(3y)1.02%
Cap/Sales(5y)0.97%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)791.67%
EPS 3Y-66.96%
EPS 5Y-41.71%
EPS Q2Q%340%
EPS Next Y359%
EPS Next 2Y222.9%
EPS Next 3Y137.56%
EPS Next 5Y58.43%
Revenue 1Y (TTM)6.62%
Revenue growth 3Y4.75%
Revenue growth 5Y6.76%
Sales Q2Q%7.48%
Revenue Next Year3.19%
Revenue Next 2Y2.21%
Revenue Next 3Y1.89%
Revenue Next 5Y0.98%
EBIT growth 1Y245.16%
EBIT growth 3Y-23.81%
EBIT growth 5Y-8.91%
EBIT Next Year269.93%
EBIT Next 3Y64.78%
EBIT Next 5Y36.13%
FCF growth 1Y-50.55%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-33.38%
OCF growth 3Y-25.59%
OCF growth 5Y-2.32%