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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | 2.7x - 3.0x | 2.9x |
Historical Pb Multiple | 2.0x - 3.0x | 2.1x |
Fair Value | $49.03 - $54.20 | $51.61 |
Upside | -7.2% - 2.6% | -2.3% |
Benchmarks | - | Full Ticker |
Mondelez International, Inc. | - | NasdaqGS:MDLZ |
Bunge Global SA | - | NYSE:BG |
Hormel Foods Corporation | - | NYSE:HRL |
The J. M. Smucker Company | - | NYSE:SJM |
The Campbell's Company | - | NasdaqGS:CPB |
Pilgrim's Pride Corporation | - | NasdaqGS:PPC |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
MDLZ | BG | HRL | SJM | CPB | PPC | |||
NasdaqGS:MDLZ | NYSE:BG | NYSE:HRL | NYSE:SJM | NasdaqGS:CPB | NasdaqGS:PPC | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 3.3% | NM- | -3.8% | 7.7% | 3.6% | 19.0% | ||
3Y CAGR | 2.4% | -17.8% | -4.0% | -5.2% | -17.5% | 227.3% | ||
Latest Twelve Months | -7.0% | -49.3% | -4.8% | -153.7% | -32.0% | 237.9% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 12.8% | 2.4% | 7.8% | 6.5% | 10.3% | 2.5% | ||
Prior Fiscal Year | 13.8% | 3.8% | 6.6% | -1.1% | 9.2% | 1.9% | ||
Latest Fiscal Year | 12.7% | 2.1% | 6.8% | 9.1% | 5.9% | 6.1% | ||
Latest Twelve Months | 12.7% | 2.1% | 6.4% | -2.9% | 5.1% | 6.1% | ||
Return on Equity | ||||||||
5 Year Average Margin | 14.4% | 17.5% | 12.6% | 6.5% | 25.2% | 13.6% | ||
Prior Fiscal Year | 18.0% | 22.3% | 10.4% | -1.2% | 24.5% | 10.4% | ||
Latest Twelve Months | 16.7% | 11.0% | 9.5% | -3.5% | 13.4% | 28.7% | ||
Next Fiscal Year | 14.4% | 10.8% | 11.0% | 13.4% | 22.7% | 26.2% | ||
Two Fiscal Years Forward | 16.2% | 12.5% | 11.8% | 12.8% | 21.9% | 17.7% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 2.4x | 0.2x | 1.4x | 1.4x | 1.1x | 0.7x | ||
Price / LTM EPS | 18.8x | 9.0x | 22.0x | -48.1x | 21.8x | 11.5x | ||
Price / Book | 3.2x | 1.0x | 2.1x | 1.8x | 2.9x | 3.0x | ||
Price / Fwd Book | 3.3x | 1.1x | 2.0x | 1.5x | 2.8x | 2.3x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | 1.0x | 2.1x | 3.2x | |||||
Historical P/B Ratio | 2.0x | 2.1x | 3.0x | |||||
Selected P/B Multiple | 2.7x | 2.9x | 3.0x | |||||
(x) Book Value | 4,239 | 4,239 | 4,239 |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | MDLZ | BG | HRL | SJM | CPB | PPC | |
Value of Common Equity | 86,866 | 10,222 | 16,668 | 12,338 | 11,373 | 12,522 | |
(/) Shares Outstanding | 1,295.5 | 134.0 | 549.9 | 106.4 | 298.2 | 237.1 | |
Implied Stock Price | 67.05 | 76.30 | 30.31 | 115.94 | 38.14 | 52.81 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 67.05 | 76.30 | 30.31 | 115.94 | 38.14 | 52.81 | |
Trading Currency | USD | USD | USD | USD | USD | USD | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |