Performance Food Group
Market Cap
€3.1b
Last Updated
2020/07/03 21:41 UTC
Data Sources
Company Financials +
Executive Summary
Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States.
Rewards
Risk Analysis
Snowflake Analysis
Good value with reasonable growth potential.
Similar Companies
Share Price & News
How has Performance Food Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: P5F has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-3.3%
P5F
-0.4%
DE Consumer Retailing
2.7%
DE Market
1 Year Return
-36.7%
P5F
-0.1%
DE Consumer Retailing
0.2%
DE Market
Return vs Industry: P5F underperformed the German Consumer Retailing industry which returned -0.1% over the past year.
Return vs Market: P5F underperformed the German Market which returned 0.2% over the past year.
Shareholder returns
| P5F | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.3% | -0.4% | 2.7% |
| 30 Day | -8.7% | 1.1% | 3.7% |
| 90 Day | 17.2% | 4.3% | 28.3% |
| 1 Year | -36.7%-36.7% | 2.9%-0.1% | 2.3%0.2% |
| 3 Year | -2.5%-2.5% | 9.2%-1.4% | 4.0%-4.5% |
| 5 Year | n/a | 10.5%-6.4% | 14.9%-0.3% |
Price Volatility Vs. Market
How volatile is Performance Food Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Performance Food Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: P5F (€23.6) is trading below our estimate of fair value (€75.71)
Significantly Below Fair Value: P5F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: P5F is poor value based on its PE Ratio (28.2x) compared to the Consumer Retailing industry average (19.5x).
PE vs Market: P5F is poor value based on its PE Ratio (28.2x) compared to the German market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: P5F is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: P5F is good value based on its PB Ratio (1.7x) compared to the XE Consumer Retailing industry average (1.7x).
Next Steps
Future Growth
How is Performance Food Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
58.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: P5F's forecast earnings growth (58.8% per year) is above the savings rate (0.2%).
Earnings vs Market: P5F's earnings (58.8% per year) are forecast to grow faster than the German market (22.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: P5F's revenue (6.7% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: P5F's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: P5F's Return on Equity is forecast to be low in 3 years time (10.1%).
Next Steps
Past Performance
How has Performance Food Group performed over the past 5 years?
24.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: P5F has high quality earnings.
Growing Profit Margin: P5F's current net profit margins (0.4%) are lower than last year (0.9%).
Past Earnings Growth Analysis
Earnings Trend: P5F's earnings have grown significantly by 24.3% per year over the past 5 years.
Accelerating Growth: P5F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: P5F had negative earnings growth (-40.3%) over the past year, making it difficult to compare to the Consumer Retailing industry average (3.1%).
Return on Equity
High ROE: P5F's Return on Equity (5.5%) is considered low.
Next Steps
Financial Health
How is Performance Food Group's financial position?
Financial Position Analysis
Short Term Liabilities: P5F's short term assets ($3.6B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: P5F's short term assets ($3.6B) do not cover its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: P5F's debt to equity ratio (174.8%) is considered high.
Reducing Debt: P5F's debt to equity ratio has reduced from 321.6% to 174.8% over the past 5 years.
Debt Coverage: P5F's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: P5F's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Performance Food Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate P5F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate P5F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if P5F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if P5F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of P5F's dividend in 3 years as they are not forecast to pay a notable one for the German market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
George Holm (65yo)
17.83yrs
Tenure
US$6,061,690
Compensation
Mr. George L. Holm has been the Chief Executive Officer and President of Performance Food Group Company since September 2002. Mr. Holm served as an Acting Chief Executive Officer and President of Performan ...
CEO Compensation Analysis
Compensation vs Market: George's total compensation ($USD6.06M) is above average for companies of similar size in the German market ($USD2.58M).
Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 17.83yrs | US$6.06m | 1.57% $48.8m | |
| Executive VP & CFO | 2.33yrs | US$2.21m | 0.080% $2.5m | |
| Executive Vice President | 11.83yrs | US$1.72m | 0.11% $3.4m | |
| President | 1.42yrs | US$1.46m | 0.081% $2.5m | |
| Chief Accounting Officer & VP | no data | no data | 0.011% $357.1k | |
| Senior VP & Chief Information Officer | 1.33yrs | no data | 0.0060% $186.0k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP | 4.33yrs | no data | 0.021% $641.8k | |
| Director of Communications & Engagement | no data | no data | no data | |
| Senior VP & Chief HR Officer | 1yr | no data | 0.0032% $98.1k |
2.3yrs
Average Tenure
58.5yo
Average Age
Experienced Management: P5F's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 17.83yrs | US$6.06m | 1.57% $48.8m | |
| Lead Independent Director | 1.5yrs | US$250.55k | 0.0036% $113.1k | |
| Independent Director | 0.67yr | no data | no data | |
| Director | 18.5yrs | US$220.00k | 0.0028% $88.2k | |
| Independent Director | 0.67yr | no data | no data | |
| Independent Director | 0.67yr | no data | 0.011% $356.8k | |
| Independent Director | 7.5yrs | US$220.00k | no data | |
| Independent Director | 2.17yrs | US$226.25k | 0.0028% $88.2k | |
| Independent Director | 3yrs | US$220.00k | 0.0053% $165.1k | |
| Independent Director | 3.83yrs | US$220.00k | 0.0036% $113.1k |
1.8yrs
Average Tenure
63yo
Average Age
Experienced Board: P5F's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26%.
Top Shareholders
Company Information
Performance Food Group Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Performance Food Group Company
- Ticker: P5F
- Exchange: DB
- Founded: 2002
- Industry: Food Distributors
- Sector: Consumer Retailing
- Market Cap: US$3.503b
- Listing Market Cap: US$3.116b
- Shares outstanding: 132.48m
- Website: https://www.pfgc.com
Number of Employees
Location
- Performance Food Group Company
- 12500 West Creek Parkway
- Richmond
- Virginia
- 23238
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PFGC | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Oct 2015 |
| P5F | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Oct 2015 |
Biography
Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. It operates in two segments, Foodservice and Vistar. The company offers a range of frozen foods, including meats, fully prepared appetizers and entrees, fruits, vegetables, and desserts; canned and dry foods; fresh meats; dairy products; beverage products; beverage products; imported specialties; fresh produce; and candy, snack, and other products, as well as beef, seafood, shortenings and oils, baked goods, salad dressings, teas and cocoas, pork, and others. It also supplies various non-food items, such as paper products comprising pizza boxes, disposable napkins, plates, and cups; tableware that include china and silverware; cookware, which comprise pots, pans, and utensils; restaurant and kitchen equipment and supplies; cigarettes and other tobacco products; and cleaning supplies. In addition, the company offers value-added services related to foodservice distribution, including electronic order-taking, payment, and other Internet based services; various reports and other data, menu planning advice, food safety training, and assistance in inventory control, as well as access to various third-party services designed to add value to its customers’ businesses. It serves street and chain restaurants, schools, business and industry locations, hospitals, vending distributors, office coffee service distributors, retailers, theaters, convenience stores, and hospitality providers, as well as franchises and other institutional customers. The company markets and distributes approximately 160,000 food and food-related products from 83 distribution centers to approximately 170,000 customer locations. Performance Food Group Company was founded in 2002 and is headquartered in Richmond, Virginia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/03 21:41 |
| End of Day Share Price | 2020/07/03 00:00 |
| Earnings | 2020/03/28 |
| Annual Earnings | 2019/06/29 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.