FRESH DEL MONTE PRODUCE INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 24.53 USD | +0.04% |
|
-4.59% | -6.55% |
| May. 02 | Transcript : Fresh Del Monte Produce Inc., Q1 2024 Earnings Call, May 02, 2024 | |
| May. 02 | Earnings Flash (FDP) FRESH DEL MONTE PRODUCE Reports Q1 Revenue $1.11B, vs. Street Est of $1.15B | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,688 | 1,151 | 1,318 | 1,262 | 1,263 | 1,175 | - |
| Enterprise Value (EV) 1 | 2,242 | 1,677 | 1,831 | 1,262 | 1,263 | 1,175 | 1,175 |
| P/E ratio | 25.6 x | 23.6 x | 16.5 x | - | -109 x | 10.4 x | 9.36 x |
| Yield | 0.4% | 1.23% | 1.8% | - | - | - | - |
| Capitalization / Revenue | 0.38 x | 0.27 x | 0.31 x | 0.28 x | 0.29 x | 0.27 x | 0.26 x |
| EV / Revenue | 0.38 x | 0.27 x | 0.31 x | 0.28 x | 0.29 x | 0.27 x | 0.26 x |
| EV / EBITDA | 8 x | 6.28 x | 6.33 x | 5.22 x | 5.05 x | 4.72 x | 4.41 x |
| EV / FCF | 36.1 x | 37.6 x | 43.9 x | 92.1 x | - | 8.18 x | 10.1 x |
| FCF Yield | 2.77% | 2.66% | 2.28% | 1.09% | - | 12.2% | 9.95% |
| Price to Book | 0.99 x | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 48,082 | 47,367 | 47,545 | 47,847 | 48,128 | 47,898 | - |
| Reference price 2 | 35.11 | 24.31 | 27.73 | 26.38 | 26.25 | 24.53 | 24.53 |
| Announcement Date | 2/19/20 | 2/24/21 | 2/23/22 | 2/22/23 | 2/26/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,489 | 4,202 | 4,252 | 4,442 | 4,321 | 4,361 | 4,581 |
| EBITDA 1 | 211.1 | 183.5 | 208.3 | 241.7 | 250.1 | 248.8 | 266.4 |
| EBIT 1 | 113.2 | 88.5 | 111.5 | 149.2 | 164 | 168.8 | 184 |
| Operating Margin | 2.52% | 2.11% | 2.62% | 3.36% | 3.8% | 3.87% | 4.02% |
| Earnings before Tax (EBT) 1 | 90.7 | 51.3 | - | - | 16.5 | 139.3 | 157.5 |
| Net income 1 | 66.5 | 49.2 | 80 | 98.6 | -11.4 | 112.8 | 126 |
| Net margin | 1.48% | 1.17% | 1.88% | 2.22% | -0.26% | 2.59% | 2.75% |
| EPS 2 | 1.370 | 1.030 | 1.680 | - | -0.2400 | 2.350 | 2.620 |
| Free Cash Flow 1 | 46.8 | 30.6 | 30 | 13.7 | - | 143.7 | 116.9 |
| FCF margin | 1.04% | 0.73% | 0.71% | 0.31% | - | 3.3% | 2.55% |
| FCF Conversion (EBITDA) | 22.17% | 16.68% | 14.4% | 5.67% | - | 57.76% | 43.88% |
| FCF Conversion (Net income) | 70.38% | 62.2% | 37.5% | 13.89% | - | 127.39% | 92.78% |
| Dividend per Share | 0.1400 | 0.3000 | 0.5000 | - | - | - | - |
| Announcement Date | 2/19/20 | 2/24/21 | 2/23/22 | 2/22/23 | 2/26/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,017 | 1,137 | 1,212 | 1,054 | 1,040 | 1,128 | 1,180 | 1,003 | 1,009 | 1,108 | 1,186 | 1,026 | 1,040 |
| EBITDA 1 | - | 62.8 | 55.7 | 64.1 | 56.5 | 73.3 | 89.5 | 55.5 | 31.9 | 50.6 | 76.9 | 55.5 | 53 |
| EBIT 1 | - | 40.4 | 33.4 | 41.2 | 34.2 | 51.2 | 67.9 | 34.3 | 18.3 | 30.6 | 56.9 | 35.5 | 33 |
| Operating Margin | - | 3.55% | 2.76% | 3.91% | 3.29% | 4.54% | 5.75% | 3.42% | 1.81% | 2.76% | 4.8% | 3.46% | 3.17% |
| Earnings before Tax (EBT) 1 | - | 30.5 | 26 | 35.9 | 25.5 | 57.3 | 59.6 | 12.9 | -113.3 | 31.4 | 49.4 | 28.5 | 26 |
| Net income 1 | - | 25.8 | 21.2 | 33.3 | 18.3 | 39 | 47.7 | 8.4 | -106.4 | 26.1 | 40 | 23.1 | 21.1 |
| Net margin | - | 2.27% | 1.75% | 3.16% | 1.76% | 3.46% | 4.04% | 0.84% | -10.55% | 2.36% | 3.37% | 2.25% | 2.03% |
| EPS 2 | - | 0.5400 | 0.4400 | 0.6900 | 0.3800 | 0.8100 | 0.9900 | 0.1700 | -2.220 | 0.5500 | 0.8300 | 0.4800 | 0.4400 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/23/22 | 5/4/22 | 8/3/22 | 11/2/22 | 2/22/23 | 5/3/23 | 8/2/23 | 11/1/23 | 2/26/24 | 5/2/24 | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt | 554 | 526 | 513 | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.623 x | 2.864 x | 2.462 x | - | - | - | - |
| Free Cash Flow 1 | 46.8 | 30.6 | 30 | 13.7 | - | 144 | 117 |
| ROE (net income / shareholders' equity) | 3.9% | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | 2.01% | - | - | - | - | - | - |
| Assets 1 | 3,303 | - | - | - | - | - | - |
| Book Value Per Share | 35.60 | - | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex | 122 | 150 | 98.5 | - | - | - | - |
| Capex / Sales | 2.72% | 3.57% | 2.32% | - | - | - | - |
| Announcement Date | 2/19/20 | 2/24/21 | 2/23/22 | 2/22/23 | 2/26/24 | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
24.53
USD
Average target price
31.5
USD
Spread / Average Target
+28.41%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -6.55% | 1.17B | |
| +15.24% | 3.36B | |
| -95.58% | 1.61B | |
| -1.22% | 1.59B | |
| +1.62% | 1.28B | |
| -.--% | 1.22B | |
| -12.02% | 1.21B | |
| 0.00% | 1.2B | |
| +1.06% | 1.18B | |
| -11.20% | 1.18B |
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- Financials Fresh Del Monte Produce Inc.