Hormel Foods Corp
$
39.49
-0.33 (-0.83%)
On watch
| Volume: | 4,688,985 | Avg Vol (1m): | 2,822,072 |
| Market Cap $: | 21.15 Bil | Enterprise Value $: | 21.27 Bil |
| P/E (TTM): | 22.54 | P/B: | 3.69 |
| Earnings Power Value | 15.34 |
| Net Current Asset Value | -0.66 |
| Tangible Book | 3.33 |
| Projected FCF | 21.23 |
| Median P/S Value | 24.08 |
| Graham Number | 11.45 |
| Peter Lynch Value | 13.46 |
| DCF (FCF Based) | 27.75 |
| DCF (Earnings Based) | 31.19 |
1Y (-%)
Manual of Stocks™ Web
Financial Strength : 8/10
GuruFocus Financial Strength Rank measures how strong a company's financial situation is . It is based on these factors
1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
| Current | vs industry | vs history | |
|---|---|---|---|
| Cash-to-Debt | 0.82 |
Cash-To-Debt ranked
higher than
57.02%
of
1666
companies
in the
Packaged Foods
industry.
Industry Max: 52026.33, Med: 0.49, Min: 0.01
HRL:
0.82
Ranked among companies with meaningful Cash-To-Debt only.
|
Cash-To-Debt range over the past 10 years
Min: 0.14, Med: 1.11, Max: 32.02
Current: 0.82
|
| Equity-to-Asset | 0.70 |
Equity-to-Asset ranked
higher than
73.39%
of
1642
companies
in the
Packaged Foods
industry.
Industry Max: 8.96, Med: 0.53, Min: -44.59
HRL:
0.7
Ranked among companies with meaningful Equity-to-Asset only.
|
Equity-to-Asset range over the past 10 years
Min: 0.45, Med: 0.6, Max: 0.74
Current: 0.7
|
| Debt-to-Equity | 0.11 |
Debt-to-Equity ranked
higher than
82.20%
of
1343
companies
in the
Packaged Foods
industry.
Industry Max: 1547.36, Med: 0.45, Min: 0.01
HRL:
0.11
Ranked among companies with meaningful Debt-to-Equity only.
|
Debt-to-Equity range over the past 10 years
Min: 0.01, Med: 0.15, Max: 0.56
Current: 0.11
|
| Debt-to-EBITDA | 0.46 |
Debt-to-EBITDA ranked
higher than
84.43%
of
1259
companies
in the
Packaged Foods
industry.
Industry Max: 619.85, Med: 2.54, Min: 0.01
HRL:
0.46
Ranked among companies with meaningful Debt-to-EBITDA only.
|
Debt-to-EBITDA range over the past 10 years
Min: 0.17, Med: 0.29, Max: 0.51
Current: 0.46
|
| Interest Coverage | 41.88 |
Interest Coverage ranked
higher than
71.12%
of
1437
companies
in the
Packaged Foods
industry.
Industry Max: 2496680, Med: 10.1, Min: 0.01
HRL:
41.88
Ranked among companies with meaningful Interest Coverage only.
|
Interest Coverage range over the past 10 years
Min: 19, Med: 59.77, Max: 99.93
Current: 41.88
|
| Piotroski F-Score | 4 |
0
1
2
3
4
5
6
7
8
9
| |
| Altman Z-Score | 7.99 |
DISTRESS
GREY
SAFE
| |
| Beneish M-Score | -2.56 |
Not Manipulator
Manipulator
| |
| WACC vs ROIC % |
ROIC 16.24%
WACC 1.2%
| ||
Profitability & Growth : 6/10
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
| Current | vs industry | vs history | |
|---|---|---|---|
| Operating Margin % | 12.21 |
Operating Margin ranked
higher than
76.32%
of
1664
companies
in the
Packaged Foods
industry.
Industry Max: 102517.55, Med: 5.4, Min: -10008.57
HRL:
12.21
Ranked among companies with meaningful Operating Margin only.
|
Operating Margin range over the past 10 years
Min: 8.14, Med: 9.44, Max: 13.54
Current: 12.21
|
| Net Margin % | 9.93 |
Net Margin ranked
higher than
80.94%
of
1663
companies
in the
Packaged Foods
industry.
Industry Max: 102374.91, Med: 3.51, Min: -16110.87
HRL:
9.93
Ranked among companies with meaningful Net Margin only.
|
Net Margin range over the past 10 years
Min: 5.25, Med: 6.28, Max: 10.6
Current: 9.93
|
| ROE % | 17.52 |
ROE ranked
higher than
83.19%
of
1636
companies
in the
Packaged Foods
industry.
Industry Max: 621315.08, Med: 7.12, Min: -7403.01
HRL:
17.52
Ranked among companies with meaningful ROE only.
|
ROE range over the past 10 years
Min: 16.6, Med: 18.05, Max: 21.08
Current: 17.52
|
| ROA % | 11.92 |
ROA ranked
higher than
88.43%
of
1702
companies
in the
Packaged Foods
industry.
Industry Max: 16579.18, Med: 3.29, Min: -9150
HRL:
11.92
Ranked among companies with meaningful ROA only.
|
ROA range over the past 10 years
Min: 9.38, Med: 11.53, Max: 14.23
Current: 11.92
|
| ROC (Joel Greenblatt) % | 62.27 |
ROC (Joel Greenblatt) ranked
higher than
91.24%
of
1689
companies
in the
Packaged Foods
industry.
Industry Max: 736000, Med: 11.84, Min: -84580.25
HRL:
62.27
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
|
ROC (Joel Greenblatt) range over the past 10 years
Min: 36.62, Med: 50.13, Max: 79.62
Current: 62.27
|
| 3-Year Total Revenue Growth Rate | 1.00 |
3-Year Revenue Growth Rate ranked
lower than
58.57%
of
1540
companies
in the
Packaged Foods
industry.
Industry Max: 889.9, Med: 2.7, Min: -100
HRL:
0.8
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
|
3-Year Revenue Growth Rate range over the past 10 years
Min: -0.5, Med: 5.6, Max: 11.6
Current: 0.8
|
| 3-Year Total EBITDA Growth Rate | 4.40 |
3-Year EBITDA Growth Rate ranked
lower than
56.49%
of
1363
companies
in the
Packaged Foods
industry.
Industry Max: 1122.8, Med: 6.6, Min: -800.2
HRL:
4.2
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
|
3-Year EBITDA Growth Rate range over the past 10 years
Min: -3.5, Med: 8.5, Max: 24.5
Current: 4.2
|
| 3-Year EPS w/o NRI Growth Rate | 13.60 |
3-Year EPS w/o NRI Growth Rate ranked
higher than
59.63%
of
1231
companies
in the
Packaged Foods
industry.
Industry Max: 1230.8, Med: 8.8, Min: -856.6
HRL:
13.6
Ranked among companies with meaningful 3-Year EPS w/o NRI Growth Rate only.
|
3-Year EPS w/o NRI Growth Rate range over the past 10 years
Min: -7.6, Med: 10.4, Max: 28.8
Current: 13.6
|
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Financials (Next Earnings Date: 2019-05-23)
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Business Description
| Industry | Consumer Packaged Goods » Packaged Foods   NAICS : 311612   SIC : 2011 |
| Compare | NYSE:K NYSE:MKC.V HKSE:00288 LSE:ABF SAU:2280 SHSE:600887 NSE:NESTLEIND NYSE:CAG HKSE:02319 NYSE:SJM TPE:1216 TSX:SAP BSP:JBSS3 SZSE:000895 NYSE:GIS NYSE:CPB TSE:2269 MEX:BIMBO A SZSE:300498 BOM:500825 |
| Traded in other countries | HO7.Germany 0J5Z.UK |
| Address | 1 Hormel Place, Austin, MN, USA, 55912-3680 |
| Hormel manufactures, sells, and distributes a variety of food products, primarily pork and turkey. In addition to commodity meat sales and meat products under its namesake brand (particularly bacon, pepperoni, and chili), Hormel owns the Spam, Jennie-O Turkey, Skippy, Muscle Milk, and Applegate labels. The firm sells the vast majority of its products in the U.S. (94% in fiscal 2017). Over two thirds of Hormel's fiscal 2017 sales came from perishable (54%) and poultry (primarily turkey; 19%) items, with the remainder from shelf-stable products. | |
Ratios
| Current | vs industry | vs history | |
|---|---|---|---|
| PE Ratio (TTM) | 22.54 |
PE Ratio ranked
lower than
61.98%
of
1302
companies
in the
Packaged Foods
industry.
Industry Max: 17777.78, Med: 18.26, Min: 0.01
HRL:
22.54
Ranked among companies with meaningful PE Ratio only.
|
PE Ratio range over the past 10 years
Min: 12.77, Med: 20.64, Max: 32.01
Current: 22.54
|
| Forward PE Ratio | 22.32 |
Forward P/E ranked
lower than
73.17%
of
246
companies
in the
Packaged Foods
industry.
Industry Max: 142.86, Med: 18.18, Min: 3.01
HRL:
22.32
Ranked among companies with meaningful Forward P/E only.
| N/A |
| PE Ratio without NRI | 22.54 |
PE without NRI ranked
lower than
62.13%
of
1265
companies
in the
Packaged Foods
industry.
Industry Max: 17777.78, Med: 18.16, Min: 0
HRL:
22.54
Ranked among companies with meaningful PE without NRI only.
|
PE without NRI range over the past 10 years
Min: 12.77, Med: 20.64, Max: 32.01
Current: 22.54
|
| Price-to-Owner-Earnings | 23.78 |
Price-to-Owner-Earnings ranked
lower than
56.60%
of
712
companies
in the
Packaged Foods
industry.
Industry Max: 4270, Med: 20, Min: 0.03
HRL:
23.78
Ranked among companies with meaningful Price-to-Owner-Earnings only.
|
Price-to-Owner-Earnings range over the past 10 years
Min: 10.29, Med: 20.65, Max: 33.87
Current: 23.78
|
| PB Ratio | 3.69 |
PB Ratio ranked
lower than
84.21%
of
1678
companies
in the
Packaged Foods
industry.
Industry Max: 2550, Med: 1.47, Min: 0.01
HRL:
3.69
Ranked among companies with meaningful PB Ratio only.
|
PB Ratio range over the past 10 years
Min: 1.78, Med: 3.51, Max: 5.6
Current: 3.69
|
| PS Ratio | 2.27 |
PS Ratio ranked
lower than
77.76%
of
1664
companies
in the
Packaged Foods
industry.
Industry Max: 6016.68, Med: 0.95, Min: 0.02
HRL:
2.27
Ranked among companies with meaningful PS Ratio only.
|
PS Ratio range over the past 10 years
Min: 0.54, Med: 1.37, Max: 2.61
Current: 2.27
|
| Price-to-Free-Cash-Flow | 28.74 |
Price-to-Free-Cash-Flow ranked
lower than
60.44%
of
733
companies
in the
Packaged Foods
industry.
Industry Max: 101000, Med: 9999, Min: 0.17
HRL:
28.74
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
|
Price-to-Free-Cash-Flow range over the past 10 years
Min: 10.34, Med: 22.29, Max: 34.12
Current: 28.74
|
| Price-to-Operating-Cash-Flow | 19.15 |
Price-to-Operating-Cash-Flow ranked
lower than
67.06%
of
1029
companies
in the
Packaged Foods
industry.
Industry Max: 7106.06, Med: 13.28, Min: 0.01
HRL:
19.15
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
|
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 8.54, Med: 16.83, Max: 24.92
Current: 19.15
|
| EV-to-EBIT | 17.57 |
EV-to-EBIT ranked
lower than
63.46%
of
1404
companies
in the
Packaged Foods
industry.
Industry Max: 18101.88, Med: 14.69, Min: 0.1
HRL:
17.57
Ranked among companies with meaningful EV-to-EBIT only.
|
EV-to-EBIT range over the past 10 years
Min: 7.6, Med: 13.8, Max: 20.9
Current: 17.57
|
| EV-to-EBITDA | 15.47 |
EV-to-EBITDA ranked
lower than
70.12%
of
1456
companies
in the
Packaged Foods
industry.
Industry Max: 12193.11, Med: 11.48, Min: 0.07
HRL:
15.47
Ranked among companies with meaningful EV-to-EBITDA only.
|
EV-to-EBITDA range over the past 10 years
Min: 6.1, Med: 12.3, Max: 18.4
Current: 15.47
|
| EV-to-Revenue | 2.24 |
EV-to-Revenue ranked
lower than
73.47%
of
1685
companies
in the
Packaged Foods
industry.
Industry Max: 6392.37, Med: 1.18, Min: 0.01
HRL:
2.24
Ranked among companies with meaningful EV-to-Revenue only.
|
EV-to-Revenue range over the past 10 years
Min: 0.6, Med: 1.3, Max: 2.6
Current: 2.24
|
| PEG Ratio | 2.59 |
PEG Ratio ranked
lower than
64.62%
of
653
companies
in the
Packaged Foods
industry.
Industry Max: 539.17, Med: 1.72, Min: 0.02
HRL:
2.59
Ranked among companies with meaningful PEG Ratio only.
|
PEG Ratio range over the past 10 years
Min: 1.21, Med: 2.1, Max: 3.92
Current: 2.59
|
| Shiller PE Ratio | 31.05 |
Shiller PE Ratio ranked
lower than
75.98%
of
537
companies
in the
Packaged Foods
industry.
Industry Max: 2724.22, Med: 20.26, Min: 0.1
HRL:
31.05
Ranked among companies with meaningful Shiller PE Ratio only.
|
Shiller PE Ratio range over the past 10 years
Min: 14.43, Med: 30, Max: 50.01
Current: 31.05
|
| Current Ratio | 1.46 |
Current Ratio ranked
higher than
57.57%
of
1657
companies
in the
Packaged Foods
industry.
Industry Max: 461.57, Med: 1.6, Min: 0.01
HRL:
1.46
Ranked among companies with meaningful Current Ratio only.
|
Current Ratio range over the past 10 years
Min: 1.46, Med: 2.33, Max: 3.25
Current: 1.46
|
| Quick Ratio | 0.77 |
Quick Ratio ranked
lower than
56.16%
of
1656
companies
in the
Packaged Foods
industry.
Industry Max: 461.57, Med: 1.07, Min: 0.01
HRL:
0.77
Ranked among companies with meaningful Quick Ratio only.
|
Quick Ratio range over the past 10 years
Min: 0.73, Med: 1.32, Max: 2.1
Current: 0.77
|
| Days Inventory | 47.53 |
Days Inventory ranked
higher than
65.51%
of
1586
companies
in the
Packaged Foods
industry.
Industry Max: 864.23, Med: 64.89, Min: 0.01
HRL:
47.53
Ranked among companies with meaningful Days Inventory only.
|
Days Inventory range over the past 10 years
Min: 45.55, Med: 48.14, Max: 50.6
Current: 47.53
|
| Days Sales Outstanding | 21.54 |
Days Sales Outstanding ranked
higher than
76.70%
of
1605
companies
in the
Packaged Foods
industry.
Industry Max: 827.96, Med: 43.34, Min: 0.02
HRL:
21.54
Ranked among companies with meaningful Days Sales Outstanding only.
|
Days Sales Outstanding range over the past 10 years
Min: 20.8, Med: 22.81, Max: 24.62
Current: 21.54
|
| Days Payable | 24.30 |
Days Payable ranked
lower than
71.68%
of
1550
companies
in the
Packaged Foods
industry.
Industry Max: 929.09, Med: 48.97, Min: 0.01
HRL:
24.3
Ranked among companies with meaningful Days Payable only.
|
Days Payable range over the past 10 years
Min: 19.26, Med: 22.42, Max: 29.92
Current: 24.3
|
Dividend & Buy Back
| Current | vs industry | vs history | |
|---|---|---|---|
| Dividend Yield % | 1.99 |
Trailing Dividend Yield ranked
lower than
57.47%
of
1733
companies
in the
Packaged Foods
industry.
Industry Max: 484.35, Med: 2.2, Min: 0.03
HRL:
1.99
Ranked among companies with meaningful Trailing Dividend Yield only.
|
Trailing Dividend Yield range over the past 10 years
Min: 1.18, Med: 1.79, Max: 2.77
Current: 1.99
|
| Dividend Payout Ratio | 0.44 |
Dividend Payout Ratio ranked
lower than
56.20%
of
1057
companies
in the
Packaged Foods
industry.
Industry Max: 314.47, Med: 9999, Min: 0.01
HRL:
0.44
Ranked among companies with meaningful Dividend Payout Ratio only.
|
Dividend Payout Ratio range over the past 10 years
Min: 0.29, Med: 0.35, Max: 0.44
Current: 0.44
|
| 3-Year Dividend Growth Rate (Per Share) | 14.50 |
3-Year Dividend Growth Rate ranked
higher than
70.64%
of
729
companies
in the
Packaged Foods
industry.
Industry Max: 206.5, Med: 6.4, Min: -100
HRL:
14.5
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
|
3-Year Dividend Growth Rate range over the past 10 years
Min: 3.1, Med: 11.3, Max: 19.5
Current: 14.5
|
| Forward Dividend Yield % | 2.11 |
Forward Dividend Yield ranked
lower than
57.06%
of
1637
companies
in the
Packaged Foods
industry.
Industry Max: 484.35, Med: 2.35, Min: 0.01
HRL:
2.11
Ranked among companies with meaningful Forward Dividend Yield only.
| N/A |
| Yield-on-Cost (5-Year) % | 4.50 |
Yield-on-Cost (5y) ranked
higher than
72.32%
of
1709
companies
in the
Packaged Foods
industry.
Industry Max: 484.35, Med: 2.74, Min: 0.03
HRL:
4.5
Ranked among companies with meaningful Yield-on-Cost (5y) only.
|
Yield-on-Cost (5y) range over the past 10 years
Min: 2.67, Med: 4.04, Max: 6.26
Current: 4.5
|
| 3-Year Share Buyback Rate | -0.40 |
3-Year Share Buyback Rate ranked
higher than
68.17%
of
845
companies
in the
Packaged Foods
industry.
Industry Max: 90, Med: -2.7, Min: -1618.2
HRL:
-0.4
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
|
3-Year Share Buyback Rate range over the past 10 years
Min: -0.4, Med: 0.3, Max: 2.9
Current: -0.4
|
Valuation & Return
| Current | vs industry | vs history | |
|---|---|---|---|
| Price-to-Tangible-Book | 11.86 |
Price-to-Tangible-Book ranked
lower than
94.40%
of
1607
companies
in the
Packaged Foods
industry.
Industry Max: 2241.67, Med: 1.67, Min: 0.01
HRL:
11.86
Ranked among companies with meaningful Price-to-Tangible-Book only.
|
Price-to-Tangible-Book range over the past 10 years
Min: 2.18, Med: 3.84, Max: 15.54
Current: 11.86
|
| Price-to-Projected-FCF | 1.86 |
Price-to-Intrinsic-Value-Projected-FCF ranked
lower than
70.52%
of
865
companies
in the
Packaged Foods
industry.
Industry Max: 676.93, Med: 1.3, Min: 0.01
HRL:
1.86
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
|
Price-to-Intrinsic-Value-Projected-FCF range over the past 10 years
Min: 0.84, Med: 1.61, Max: 3.04
Current: 1.86
|
| Price-to-DCF (Earnings Based) | 1.27 |
Price-to-Intrinsic-Value-DCF (Earnings Based) ranked
lower than
52.38%
of
147
companies
in the
Packaged Foods
industry.
Industry Max: 5.8, Med: 1.27, Min: 0.05
HRL:
1.27
Ranked among companies with meaningful Price-to-Intrinsic-Value-DCF (Earnings Based) only.
|
Price-to-Intrinsic-Value-DCF (Earnings Based) range over the past 10 years
Min: 0.96, Med: 1.21, Max: 1.86
Current: 1.27
|
| Price-to-Median-PS-Value | 1.64 |
Price-to-Median-PS-Value ranked
lower than
88.24%
of
1530
companies
in the
Packaged Foods
industry.
Industry Max: 497, Med: 0.95, Min: 0.01
HRL:
1.64
Ranked among companies with meaningful Price-to-Median-PS-Value only.
|
Price-to-Median-PS-Value range over the past 10 years
Min: 0.29, Med: 0.6, Max: 1.81
Current: 1.64
|
| Price-to-Peter-Lynch-Fair-Value | 2.93 |
Price-to-Peter-Lynch-Fair-Value ranked
lower than
81.31%
of
412
companies
in the
Packaged Foods
industry.
Industry Max: 136, Med: 1.19, Min: 0.01
HRL:
2.93
Ranked among companies with meaningful Price-to-Peter-Lynch-Fair-Value only.
|
Price-to-Peter-Lynch-Fair-Value range over the past 10 years
Min: 0.71, Med: 1.88, Max: 3.41
Current: 2.93
|
| Price-to-Graham-Number | 3.45 |
Price-to-Graham-Number ranked
lower than
90.48%
of
1177
companies
in the
Packaged Foods
industry.
Industry Max: 185.34, Med: 1.28, Min: 0.03
HRL:
3.45
Ranked among companies with meaningful Price-to-Graham-Number only.
|
Price-to-Graham-Number range over the past 10 years
Min: 1.1, Med: 1.76, Max: 4.11
Current: 3.45
|
| Earnings Yield (Joel Greenblatt) % | 5.67 |
Earnings Yield (Greenblatt) ranked
lower than
50.57%
of
1752
companies
in the
Packaged Foods
industry.
Industry Max: 1000, Med: 5.25, Min: -5000
HRL:
5.67
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
|
Earnings Yield (Greenblatt) range over the past 10 years
Min: 4.8, Med: 7.3, Max: 13.2
Current: 5.67
|
| Forward Rate of Return (Yacktman) % | 11.25 |
Forward Rate of Return ranked
higher than
61.92%
of
998
companies
in the
Packaged Foods
industry.
Industry Max: 2405.83, Med: 8.21, Min: -9426.11
HRL:
11.25
Ranked among companies with meaningful Forward Rate of Return only.
|
Forward Rate of Return range over the past 10 years
Min: 10.5, Med: 12.5, Max: 17
Current: 11.25
|
More Statistics
| Revenue (TTM) (Mil) $ | 9,574.76 |
| EPS (TTM) $ | 1.75 |
| Beta | -0.21 |
| Volatility % | 20.21 |
| 52-Week Range $ | 34.12 - 46.26 |
| Shares Outstanding (Mil) | 535.68 |
Analyst Estimate
Piotroski F-Score Details
| Piotroski F-Score | 4 |
| Positive ROA | Y |
| Positive CFROA | Y |
| Higher ROA yoy | N |
| CFROA > ROA | Y |
| Lower Leverage yoy | Y |
| Higher Current Ratio yoy | N |
| Less Shares Outstanding yoy | N |
| Higher Gross Margin yoy | N |
| Higher Asset Turnover yoy | N |