SpartanNash Company distributes and retails grocery products.
+ 1 more risk
Established dividend payer and fair value.
Share Price & News
How has SpartanNash's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SRJ has not had significant price volatility in the past 3 months.
7 Day Return
DE Consumer Retailing
1 Year Return
DE Consumer Retailing
Return vs Industry: SRJ underperformed the German Consumer Retailing industry which returned -1.5% over the past year.
Return vs Market: SRJ underperformed the German Market which returned 6.1% over the past year.
Price Volatility Vs. Market
How volatile is SpartanNash's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is SpartanNash undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SRJ (€12.4) is trading below our estimate of fair value (€30.37)
Significantly Below Fair Value: SRJ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SRJ is poor value based on its PE Ratio (81.7x) compared to the Consumer Retailing industry average (19.6x).
PE vs Market: SRJ is poor value based on its PE Ratio (81.7x) compared to the German market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: SRJ is poor value based on its PEG Ratio (4.8x)
Price to Book Ratio
PB vs Industry: SRJ is good value based on its PB Ratio (0.7x) compared to the XE Consumer Retailing industry average (1.6x).
How is SpartanNash forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SRJ's forecast earnings growth (17.2% per year) is above the savings rate (-0.4%).
Earnings vs Market: SRJ's earnings (17.2% per year) are forecast to grow faster than the German market (13% per year).
High Growth Earnings: SRJ's earnings are forecast to grow, but not significantly.
Revenue vs Market: SRJ's revenue (1% per year) is forecast to grow slower than the German market (5.1% per year).
High Growth Revenue: SRJ's revenue (1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SRJ's Return on Equity is forecast to be low in 3 years time (4%).
How has SpartanNash performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SRJ has a large one-off loss of $14.8M impacting its December 28 2019 financial results.
Growing Profit Margin: SRJ's current net profit margins (0.07%) are lower than last year (0.4%).
Past Earnings Growth Analysis
Earnings Trend: SRJ's earnings have declined by -31.2% per year over the past 5 years.
Accelerating Growth: SRJ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SRJ had negative earnings growth (-82.4%) over the past year, making it difficult to compare to the Consumer Retailing industry average (2%).
Return on Equity
High ROE: SRJ's Return on Equity (0.9%) is considered low.
Return on Assets
Return on Capital Employed
How is SpartanNash's financial position?
Financial Position Analysis
Short Term Liabilities: SRJ's short term assets ($996.7M) exceed its short term liabilities ($565.1M).
Long Term Liabilities: SRJ's short term assets ($996.7M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: SRJ's debt to equity ratio (100.1%) is considered high.
Reducing Debt: SRJ's debt to equity ratio has increased from 76.2% to 100.1% over the past 5 years.
Debt Coverage: SRJ's debt is well covered by operating cash flow (26.1%).
Interest Coverage: SRJ's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Inventory Level: SRJ has a high level of physical assets or inventory.
Debt Coverage by Assets: SRJ's debt is covered by short term assets (assets are 1.4x debt).
What is SpartanNash's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SRJ's dividend (5.7%) is higher than the bottom 25% of dividend payers in the German market (1.43%).
High Dividend: SRJ's dividend (5.7%) is in the top 25% of dividend payers in the German market (3.8%)
Stability and Growth of Payments
Stable Dividend: SRJ's dividends per share have been stable in the past 10 years.
Growing Dividend: SRJ's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (465.9%), SRJ's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SRJ's dividends in 3 years are forecast to be covered by earnings (69.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dennis Eidson (65yo)
Mr. Dennis Eidson has been the President of Spartan Stores Inc. since October 22, 2007 and has been the Chief Executive Officer since October 15, 2008. He serves as an Interim President and CEO of SpartanN ...
CEO Compensation Analysis
Compensation vs Market: Dennis's total compensation ($USD281.31K) is below average for companies of similar size in the German market ($USD806.68K).
Compensation vs Earnings: Dennis's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||2.4yrs||US$904.26k||0.11% $494.0k|
|Executive VP & Chief Legal Officer||4.3yrs||US$1.04m||0.17% $773.1k|
|Executive VP||1.9yrs||US$655.57k||0.084% $376.0k|
|Chief Accounting Officer & VP of Finance||3.5yrs||no data||0.052% $229.9k|
|Chief Information Officer & Senior VP||1.1yrs||no data||0.025% $113.0k|
|Vice President of Treasury & Corporate Development||2.9yrs||no data||no data|
|Executive VP & Chief Merchandising & Marketing Officer||1yrs||no data||0.036% $161.4k|
|Senior VP & Chief Supply Chain Officer||2.8yrs||no data||no data|
|Senior VP & GM of Corporate Retail||1.3yrs||no data||0.052% $231.9k|
Experienced Management: SRJ's management team is considered experienced (2.6 years average tenure).
|Independent Director||9.3yrs||US$218.70k||0.088% $390.6k|
|Independent Director||16.5yrs||US$211.20k||0.12% $554.7k|
|Lead Independent Director||1.8yrs||US$218.70k||0.11% $494.4k|
|Independent Director||19.5yrs||US$199.33k||0.095% $424.0k|
|Independent Director||6.3yrs||US$206.20k||0.089% $397.8k|
|Independent Director||2yrs||US$173.72k||0.035% $157.4k|
|Independent Director||16.5yrs||US$193.70k||0.13% $576.4k|
|Independent Director||6.3yrs||US$193.70k||0.063% $278.8k|
Experienced Board: SRJ's board of directors are considered experienced (6.3 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3%.
SpartanNash Company's company bio, employee growth, exchange listings and data sources
- Name: SpartanNash Company
- Ticker: SRJ
- Exchange: DB
- Founded: 1917
- Industry: Food Distributors
- Sector: Consumer Retailing
- Market Cap: US$484.559m
- Listing Market Cap: US$445.406m
- Shares outstanding: 36.35m
- Website: https://www.spartannash.com
Number of Employees
- SpartanNash Company
- 850 76th Street, SW
- PO Box 8700
- Grand Rapids
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SPTN||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Aug 2000|
|SRJ||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Aug 2000|
SpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail. The Food Distribution segment offers approximately 60,000 stock-keeping units, such as dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmacy products to independent retailers, national retailers, food service distributors, e-commerce providers, and corporate owned retail stores. This segment also offers various value-added services to retailers. The Military segment sells and distributes grocery products to military commissaries and exchanges located in 50 states across the United States and the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Bahrain, Djibouti, and Egypt. The Retail segment primarily operates neighborhood supermarkets. As of August 12, 2019, it operated 160 supermarkets, primarily under the banners of Family Fare Supermarkets, Martin's Super Markets, D&W Fresh Market, VG's Grocery, Dan's Supermarket, and Family Fresh Market. SpartanNash Company also markets and distributes private brand items primarily under the Our Family, Open Acres, Top Care, Tippy Toes, Full Circle, Culinary Tours, PAWS Premium, Valu Time, Pure Harmony, Freedom’s Choice, and Home Base brands. The company was formerly known as Spartan Stores, Inc. and changed its name to SpartanNash Company in November 2013. SpartanNash Company was founded in 1917 and is headquartered in Grand Rapids, Michigan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 21:17|
|End of Day Share Price||2020/02/25 00:00|
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.