Associated British Foods (LSE:ABF) Beginning Cash Position: £926 Mil (As of Feb. 2026)

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LSE:ABF Associated British Foods PLC LSE:ABF
80 GF Score
Price £20.16
GF Value £22.59
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Associated British Foods Beginning Cash Position?

Associated British Foods LSE:ABF -0.20% 80 Beginning Cash Position is £926 Mil as of Feb. 2026. GuruFocus rates LSE:ABF with a GF Score™ of 80/100 and a GF Value™ of £22.59 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Associated British Foods's Beginning Cash Position for the quarter that ended in Feb. 2026 was £926 Mil.

Associated British Foods's quarterly Beginning Cash Position declined from Feb. 2025 (£1,235 Mil) to Aug. 2025 (£626 Mil) but then increased from Aug. 2025 (£626 Mil) to Feb. 2026 (£926 Mil).

Associated British Foods's annual Beginning Cash Position declined from Aug. 2023 (£1,995 Mil) to Aug. 2024 (£1,388 Mil) and declined from Aug. 2024 (£1,388 Mil) to Aug. 2025 (£1,235 Mil).

Associated British Foods Beginning Cash Position Related Terms

Associated British Foods Beginning Cash Position Historical Data

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The historical data trend for Associated British Foods's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Associated British Foods Beginning Cash Position Chart

Associated British Foods Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,909.00 2,189.00 1,995.00 1,388.00 1,235.00

Associated British Foods Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,388.00 1,209.00 1,235.00 626.00 926.00
LSE:ABF
80GF Score
Associated British Foods PLC LSE:ABF
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Associated British Foods Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of £926 Mil mean?
Associated British Foods (LSE:ABF) has a Beginning Cash Position of £926 Mil as of Feb. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Associated British Foods and its competitors.
Is Associated British Foods' Beginning Cash Position too high?
Associated British Foods' current Beginning Cash Position is £926 Mil. Overall, Associated British Foods has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Associated British Foods' Beginning Cash Position compare to KHC and GIS?
Associated British Foods' Beginning Cash Position of £926 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Consumer Packaged Goods company?
A good Beginning Cash Position depends on the Consumer Packaged Goods industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Associated British Foods and its competitors. Associated British Foods's current Beginning Cash Position is £926 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated British Foods stock overvalued right now?
Based on GuruFocus' analysis, Associated British Foods (LSE:ABF) is currently considered Modestly Undervalued. The stock's GF Value™ is £22.59, compared to a current price of £20.16 — trading 10.8% below its estimated fair value. The current Beginning Cash Position is £926 Mil. Associated British Foods' overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Associated British Foods (LSE:ABF), the current Beginning Cash Position is £926 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Associated British Foods (LSE:ABF) Overvalued in 2026?

Based on GuruFocus' analysis, Associated British Foods stock appears to be undervalued. The current stock price of £20.16 is trading 10.8% below its estimated GF Value™ of £22.59. GuruFocus considers Associated British Foods to be Modestly Undervalued.

Key valuation signals for LSE:ABF:

  • Beginning Cash Position: £926 Mil
  • GF Value™: £22.59 vs. price of £20.16 (10.8% below fair value)
  • GF Score™: 80/100 with 2 warning signs

No single metric tells the full story. See the LSE:ABF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Associated British Foods Business Description

Address 10 Grosvenor Street, Weston Centre, London, GBR, W1K 4QY
Associated British Foods is a diversified international food, ingredients, and retail group with 138,000 employees and operations in 56 countries across Europe, Africa, the Americas, Asia, and Australia. The group sells branded groceries, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the multinational Primark clothing retail chain. It also supplies ingredients like bakers' yeast, enzymes, lipids, and cereal specialties. In fiscal 2025, approximately 36% of sales came from the UK, and Primark accounted for around 60% of operating profit.On April 21, 2026, ABF announced it plans to separate Primark and the food businesses. Subject to approvals, the demerger is expected to become effective at the end of 2027.
80GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£20.16
Price
£22.59
GF Value