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Del Monte Pacific (FRA:X0T) Preferred Stock : €0 Mil (As of Jul. 2024)


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What is Del Monte Pacific Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Del Monte Pacific's preferred stock for the quarter that ended in Jul. 2024 was €0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Del Monte Pacific's Enterprise Value for the quarter that ended in Jul. 2024 was €2,335 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Del Monte Pacific's Book Value per Share for the quarter that ended in Jul. 2024 was €0.04.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Del Monte Pacific's Earnings per Share (Diluted) for the three months ended in Jul. 2024 was €-0.02.


Del Monte Pacific Preferred Stock Historical Data

The historical data trend for Del Monte Pacific's Preferred Stock 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.

* Premium members only.

Del Monte Pacific Preferred Stock Chart

Del Monte Pacific Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Preferred Stock
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.60 - 9.26 - -

Del Monte Pacific Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Preferred Stock 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 - - - - -

Del Monte Pacific Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Del Monte Pacific  (FRA:X0T) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Del Monte Pacific's Enterprise Value for the quarter that ended in Jul. 2024 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Del Monte Pacific's Book Value per Share for the quarter that ended in Jul. 2024 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Del Monte Pacific's Earnings per Share (Diluted) (EPS) for the three months ended in Jul. 2024 is calculated as

* 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.


Del Monte Pacific Preferred Stock Related Terms

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Del Monte Pacific Business Description

Traded in Other Exchanges
Address
17 Bukit Pasoh Road, Singapore, SGP, 089831
Del Monte Pacific Ltd is engaged in growing, processing, developing, manufacturing, marketing, distributing, and selling packaged fruits and vegetables, and other food products. The company operates through four divisions Packaged fruit and vegetable which includes the sale of processed fruit and vegetable products under the Del Monte and S&W brands; the Beverage segment includes the sale of pineapple juice in the can, tetra, and PET packaging, and pineapple juice concentrate; Culinary segment includes sale of packaged tomato-based products such as ketchup, tomato sauce, pasta sauce, recipe sauce, pizza sauce, pasta and other; and Fresh fruit and others includes sale of S&W branded fresh pineapples in Asia Pacific. The majority of the company's revenue comes from the Americas.

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