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KYGA

Kerry Group LSE:KYGA Stock Report

Last Price

€90.28

Market Cap

€16.5b

7D

-7.0%

1Y

-22.1%

Updated

29 Sep, 2022

Data

Company Financials +
KYGA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance5/6
Financial Health5/6
Dividends0/6

KYGA Stock Overview

Kerry Group plc, together with its subsidiaries, develops, manufactures, and delivers taste and nutrition solutions for the food, beverage, and pharmaceutical industries in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Kerry Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kerry Group
Historical stock prices
Current Share Price€90.28
52 Week High€119.80
52 Week Low€86.84
Beta0.46
1 Month Change-11.79%
3 Month Change-4.06%
1 Year Change-22.07%
3 Year Change-14.26%
5 Year Change8.44%
Change since IPO7,122.40%

Recent News & Updates

Sep 02
Kerry Group (LON:KYGA) Will Want To Turn Around Its Return Trends

Kerry Group (LON:KYGA) Will Want To Turn Around Its Return Trends

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Aug 06
Kerry Group's (LON:KYGA) Earnings Are Weaker Than They Seem

Kerry Group's (LON:KYGA) Earnings Are Weaker Than They Seem

Kerry Group plc's ( LON:KYGA ) robust earnings report didn't manage to move the market for its stock. We did some...

Aug 03
Kerry Group plc Just Recorded A 5.7% Revenue Beat: Here's What Analysts Think

Kerry Group plc Just Recorded A 5.7% Revenue Beat: Here's What Analysts Think

Investors in Kerry Group plc ( LON:KYGA ) had a good week, as its shares rose 6.9% to close at €106 following the...

Shareholder Returns

KYGAGB FoodGB Market
7D-7.0%-3.5%-3.5%
1Y-22.1%-32.9%-14.9%

Return vs Industry: KYGA exceeded the UK Food industry which returned -32.9% over the past year.

Return vs Market: KYGA underperformed the UK Market which returned -14.9% over the past year.

Price Volatility

Is KYGA's price volatile compared to industry and market?
KYGA volatility
KYGA Average Weekly Movement3.9%
Food Industry Average Movement4.7%
Market Average Movement5.3%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.7%

Stable Share Price: KYGA is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: KYGA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197222,000Edmond Scanlonhttps://www.kerrygroup.com

Kerry Group plc, together with its subsidiaries, develops, manufactures, and delivers taste and nutrition solutions for the food, beverage, and pharmaceutical industries in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Taste & Nutrition and Consumer Foods. The Taste & Nutrition segment provides taste, nutrition, and functional ingredients technologies and solutions for the food, beverage, and pharmaceutical markets.

Kerry Group Fundamentals Summary

How do Kerry Group's earnings and revenue compare to its market cap?
KYGA fundamental statistics
Market Cap€16.46b
Earnings (TTM)€763.60m
Revenue (TTM)€7.83b

21.6x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KYGA income statement (TTM)
Revenue€7.83b
Cost of Revenue€3.93b
Gross Profit€3.90b
Other Expenses€3.14b
Earnings€763.60m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Oct 27, 2022

Earnings per share (EPS)4.31
Gross Margin49.83%
Net Profit Margin9.76%
Debt/Equity Ratio52.3%

How did KYGA perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

23%

Payout Ratio

Does KYGA pay a reliable dividends?

See KYGA dividend history and benchmarks
When do you need to buy KYGA by to receive an upcoming dividend?
Kerry Group dividend dates
Ex Dividend DateOct 13 2022
Dividend Pay DateNov 11 2022
Days until Ex dividend13 days
Days until Dividend pay date42 days

Does KYGA pay a reliable dividends?

See KYGA dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is KYGA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KYGA?

Other financial metrics that can be useful for relative valuation.

KYGA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.4x
Enterprise Value/EBITDA17.9x
PEG Ratio1.9x

Price to Earnings Ratio vs Peers

How does KYGA's PE Ratio compare to its peers?

KYGA PE Ratio vs Peers
The above table shows the PE ratio for KYGA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average34.5x
ABF Associated British Foods
12.3x5.7%UK£10.2b
TATE Tate & Lyle
100.6x31.3%UK£2.6b
CWK Cranswick
13.5x4.3%UK£1.5b
PFD Premier Foods
10.3x6.7%UK£819.0m
KYGA Kerry Group
21.6x11.3%€16.5b

Price-To-Earnings vs Peers: KYGA is good value based on its Price-To-Earnings Ratio (21.6x) compared to the peer average (34.5x).


Price to Earnings Ratio vs Industry

How does KYGA's PE Ratio compare vs other companies in the European Food Industry?

Price-To-Earnings vs Industry: KYGA is expensive based on its Price-To-Earnings Ratio (21.6x) compared to the European Food industry average (14.7x)


Price to Earnings Ratio vs Fair Ratio

What is KYGA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KYGA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.6x
Fair PE Ratio20.9x

Price-To-Earnings vs Fair Ratio: KYGA is expensive based on its Price-To-Earnings Ratio (21.6x) compared to the estimated Fair Price-To-Earnings Ratio (20.9x).


Share Price vs Fair Value

What is the Fair Price of KYGA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KYGA (€90.28) is trading below our estimate of fair value (€141.42)

Significantly Below Fair Value: KYGA is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


Discover undervalued companies

Future Growth

How is Kerry Group forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KYGA's forecast earnings growth (11.3% per year) is above the savings rate (0.9%).

Earnings vs Market: KYGA's earnings (11.3% per year) are forecast to grow faster than the UK market (8.9% per year).

High Growth Earnings: KYGA's earnings are forecast to grow, but not significantly.

Revenue vs Market: KYGA's revenue (4% per year) is forecast to grow slower than the UK market (4.5% per year).

High Growth Revenue: KYGA's revenue (4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KYGA's Return on Equity is forecast to be low in 3 years time (13.1%).


Discover growth companies

Past Performance

How has Kerry Group performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


5.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KYGA has high quality earnings.

Growing Profit Margin: KYGA's current net profit margins (9.8%) are higher than last year (8%).


Past Earnings Growth Analysis

Earnings Trend: KYGA's earnings have grown by 5.1% per year over the past 5 years.

Accelerating Growth: KYGA's earnings growth over the past year (34.4%) exceeds its 5-year average (5.1% per year).

Earnings vs Industry: KYGA earnings growth over the past year (34.4%) exceeded the Food industry 8.2%.


Return on Equity

High ROE: KYGA's Return on Equity (12.5%) is considered low.


Discover strong past performing companies

Financial Health

How is Kerry Group's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: KYGA's short term assets (€3.9B) exceed its short term liabilities (€3.0B).

Long Term Liabilities: KYGA's short term assets (€3.9B) exceed its long term liabilities (€3.2B).


Debt to Equity History and Analysis

Debt Level: KYGA's net debt to equity ratio (39.2%) is considered satisfactory.

Reducing Debt: KYGA's debt to equity ratio has reduced from 55% to 52.3% over the past 5 years.

Debt Coverage: KYGA's debt is not well covered by operating cash flow (16.9%).

Interest Coverage: KYGA's interest payments on its debt are well covered by EBIT (11.8x coverage).


Balance Sheet


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Dividend

What is Kerry Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.06%

Current Dividend Yield

Upcoming Dividend Payment

TodaySep 29 2022Ex Dividend DateOct 13 2022Dividend Pay DateNov 11 202229 days from Ex DividendBuy in the next 13 days to receive the upcoming dividend

Dividend Yield vs Market

Kerry Group Dividend Yield vs Market
How does Kerry Group dividend yield compare to the market?
SegmentDividend Yield
Company (Kerry Group)1.1%
Market Bottom 25% (GB)2.1%
Market Top 25% (GB)6.1%
Industry Average (Food)3.0%
Analyst forecast in 3 Years (Kerry Group)1.3%

Notable Dividend: KYGA's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.12%).

High Dividend: KYGA's dividend (1.06%) is low compared to the top 25% of dividend payers in the UK market (6.08%).


Stability and Growth of Payments

Stable Dividend: KYGA is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.

Growing Dividend: KYGA is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: KYGA is not paying a notable dividend for the UK market.


Cash Payout to Shareholders

Cash Flow Coverage: KYGA is not paying a notable dividend for the UK market.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Edmond Scanlon (49 yo)

4.92yrs

Tenure

€3,855,000

Compensation

Mr. Edmond Scanlon has been Group Chief Executive Officer and Executive Director of Kerry Group plc since October 1, 2017. Mr. Scanlon has been the Chief Executive Officer and President of Asia-Pacific at...


CEO Compensation Analysis

Edmond Scanlon's Compensation vs Kerry Group Earnings
How has Edmond Scanlon's remuneration changed compared to Kerry Group's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

€764m

Mar 31 2022n/an/a

€763m

Dec 31 2021€4m€1m

€763m

Sep 30 2021n/an/a

€666m

Jun 30 2021n/an/a

€568m

Mar 31 2021n/an/a

€561m

Dec 31 2020€2m€1m

€554m

Sep 30 2020n/an/a

€547m

Jun 30 2020n/an/a

€540m

Mar 31 2020n/an/a

€553m

Dec 31 2019€4m€1m

€567m

Sep 30 2019n/an/a

€560m

Jun 30 2019n/an/a

€553m

Mar 31 2019n/an/a

€547m

Dec 31 2018€3m€1m

€541m

Sep 30 2018n/an/a

€565m

Jun 30 2018n/an/a

€590m

Mar 31 2018n/an/a

€589m

Dec 31 2017€2m€263k

€589m

Compensation vs Market: Edmond's total compensation ($USD3.77M) is below average for companies of similar size in the UK market ($USD5.61M).

Compensation vs Earnings: Edmond's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: KYGA's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: KYGA's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: KYGA insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

LSE:KYGA Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
05 Sep 22Buy€153,450Hugh BradyIndividual1,550€99.00
29 Jul 22Buy€102,900Christopher RogersIndividual1,000€102.90
15 Mar 22Buy€349,559Hugh BradyIndividual3,600€97.11
15 Mar 22Buy€46,883Tom MoranIndividual490€95.68
25 Feb 22Buy€297,675Marguerite LarkinIndividual2,835€105.00
09 Dec 21Buy€1,109,250Edmond ScanlonIndividual10,000€110.92
26 Nov 21Buy€323,700Philip ToomeyIndividual3,000€108.00

Ownership Breakdown

What is the ownership structure of KYGA?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders175,4570.1%
Private Companies20,528,00011.6%
Institutions69,115,98239.1%
General Public87,146,23149.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 40.01% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
11.6%
Kerry Co-Operative Creameries Limited
20,528,000€1.9b0%no data
5.05%
BlackRock, Inc.
8,941,393€807.2m0%0.02%
3.37%
The Vanguard Group, Inc.
5,963,210€538.4m1.7%0.01%
3.04%
Royal Bank of Canada, Banking & Securities Investments
5,380,232€485.7m0%0.4%
2.99%
Amundi Asset Management
5,297,280€478.2m77.97%0.15%
2.32%
RBC Global Asset Management Inc.
4,112,530€371.3m0%0.28%
1.54%
Nordea Investment Management AB
2,733,863€246.8m1.89%0.22%
1.13%
Capital Research and Management Company
1,996,581€180.3m-12.23%0.01%
1.11%
Massachusetts Financial Services Company
1,972,448€178.1m-0.04%0.05%
0.97%
Candriam Luxembourg S.A.
1,719,515€155.2m-4.21%0.55%
0.95%
Degroof Petercam Asset Management
1,688,628€152.4m0%1%
0.75%
UBS Asset Management
1,333,537€120.4m-1.3%0.02%
0.68%
Columbia Management Investment Advisers, LLC
1,196,081€108.0m-1.06%0.03%
0.59%
Pictet Asset Management Limited
1,050,360€94.8m-0.61%0.09%
0.57%
Geode Capital Management, LLC
1,007,414€90.9m1.98%0.01%
0.47%
AXA Investment Managers S.A.
826,242€74.6m0%0.16%
0.41%
Schroder Investment Management Limited
732,978€66.2m0%0.05%
0.35%
CCLA Investment Management Limited
614,490€55.5m0%0.75%
0.34%
Swedbank Robur Fonder AB
600,000€54.2m-14.29%0.08%
0.31%
Deutsche Asset & Wealth Management
546,734€49.4m0%0.02%
0.3%
BLI - Banque De Luxembourg Investments S.A.
535,753€48.4m6.4%0.57%
0.3%
KBC Asset Management NV
524,901€47.4m158.46%0.13%
0.29%
Liontrust Asset Management PLC
510,846€46.1m0%0.21%
0.28%
Phoenix Unit Trust Managers Limited
494,094€44.6m0%1%
0.28%
Union Bancaire Privee, CBI-TDB, Asset Management Arm
493,716€44.6m0%1.33%

Company Information

Kerry Group plc's employee growth, exchange listings and data sources


Key Information

  • Name: Kerry Group plc
  • Ticker: KYGA
  • Exchange: LSE
  • Founded: 1972
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: €16.458b
  • Shares outstanding: 176.97m
  • Website: https://www.kerrygroup.com

Number of Employees


Location

  • Kerry Group plc
  • Prince's Street
  • Tralee
  • Co. Kerry
  • V92 EH11
  • Ireland


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KRZDB (Deutsche Boerse AG)YesA Ordinary SharesDEEURJan 1992
KRZISE (Irish Stock Exchange)YesA Ordinary SharesIEEURJan 1992
KYGALSE (London Stock Exchange)YesA Ordinary SharesGBEURJan 1992
KRYA.FOTCPK (Pink Sheets LLC)YesA Ordinary SharesUSUSDJan 1992
KYGALBATS-CHIXE (BATS 'Chi-X Europe')YesA Ordinary SharesGBEURJan 1992
KYGA NBMV (Bolsa Mexicana de Valores)YesA Ordinary SharesMXMXNJan 1992
KRYA.YOTCPK (Pink Sheets LLC)SPON ADR EA REP 1 ORD EUR0.125USUSDJan 2005
KRZADB (Deutsche Boerse AG)SPON ADR EA REP 1 ORD EUR0.125DEEURJan 2005

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/29 00:00
End of Day Share Price2022/09/29 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.