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PFD

Premier Foods LSE:PFD Stock Report

Last Price

UK£1.15

Market Cap

UK£989.2m

7D

-2.9%

1Y

8.3%

Updated

26 Jun, 2022

Data

Company Financials +
PFD fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends0/6

PFD Stock Overview

Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally.

Premier Foods Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Premier Foods
Historical stock prices
Current Share PriceUK£1.15
52 Week HighUK£1.28
52 Week LowUK£0.95
Beta1.31
1 Month Change-3.52%
3 Month Change-1.71%
1 Year Change8.29%
3 Year Change240.74%
5 Year Change183.95%
Change since IPO-94.75%

Recent News & Updates

May 21
Premier Foods plc Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Premier Foods plc Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

It's been a pretty great week for Premier Foods plc ( LON:PFD ) shareholders, with its shares surging 11% to UK£1.19 in...

Shareholder Returns

PFDGB FoodGB Market
7D-2.9%1.8%2.3%
1Y8.3%-22.7%-8.6%

Return vs Industry: PFD exceeded the UK Food industry which returned -22.7% over the past year.

Return vs Market: PFD exceeded the UK Market which returned -8.6% over the past year.

Price Volatility

Is PFD's price volatile compared to industry and market?
PFD volatility
PFD Average Weekly Movement4.7%
Food Industry Average Movement4.5%
Market Average Movement5.5%
10% most volatile stocks in GB Market10.8%
10% least volatile stocks in GB Market2.8%

Stable Share Price: PFD is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: PFD's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19754,000Alex Whitehousehttps://www.premierfoods.co.uk

Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. The company operates through Grocery, Sweet Treats, and International segments. It offers a portfolio of product categories, including flavorings and seasonings under the Bisto, OXO, and Paxo brands; cooking sauces and accompaniments under the Sharwood’s, Loyd Grossman, and Homepride brands; and quick meals, snacks, and soups under the Batchelors and Smash brands.

Premier Foods Fundamentals Summary

How do Premier Foods's earnings and revenue compare to its market cap?
PFD fundamental statistics
Market CapUK£989.20m
Earnings (TTM)UK£77.50m
Revenue (TTM)UK£900.50m

12.8x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PFD income statement (TTM)
RevenueUK£900.50m
Cost of RevenueUK£573.40m
Gross ProfitUK£327.10m
Other ExpensesUK£249.60m
EarningsUK£77.50m

Last Reported Earnings

Apr 02, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.09
Gross Margin36.32%
Net Profit Margin8.61%
Debt/Equity Ratio21.4%

How did PFD perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

13%

Payout Ratio

Does PFD pay a reliable dividends?

See PFD dividend history and benchmarks
When do you need to buy PFD by to receive an upcoming dividend?
Premier Foods dividend dates
Ex Dividend DateJun 30 2022
Dividend Pay DateJul 29 2022
Days until Ex dividend3 days
Days until Dividend pay date32 days

Does PFD pay a reliable dividends?

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

Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

PFD 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/Revenue1.4x
Enterprise Value/EBITDA7.6x
PEG Ratio2x

Price to Earnings Ratio vs Peers

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

PFD PE Ratio vs Peers
The above table shows the PE ratio for PFD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average18.1x

Price-To-Earnings vs Peers: PFD is good value based on its Price-To-Earnings Ratio (12.8x) compared to the peer average (18.1x).


Price to Earnings Ratio vs Industry

How does PFD's PE Ratio compare vs other companies in the U.K. Food Industry?

Price-To-Earnings vs Industry: PFD is good value based on its Price-To-Earnings Ratio (12.8x) compared to the UK Food industry average (15.9x)


Price to Earnings Ratio vs Fair Ratio

What is PFD'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.

PFD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.8x
Fair PE Ratio14.7x

Price-To-Earnings vs Fair Ratio: PFD is good value based on its Price-To-Earnings Ratio (12.8x) compared to the estimated Fair Price-To-Earnings Ratio (14.7x).


Share Price vs Fair Value

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

Below Fair Value: PFD (£1.15) is trading below our estimate of fair value (£3.01)

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


Price to Earnings Growth Ratio

PEG Ratio: PFD is poor value based on its PEG Ratio (2x)


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Future Growth

How is Premier Foods forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


6.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PFD's forecast earnings growth (6.3% per year) is above the savings rate (0.9%).

Earnings vs Market: PFD's earnings (6.3% per year) are forecast to grow slower than the UK market (11% per year).

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

Revenue vs Market: PFD's revenue (2.8% per year) is forecast to grow slower than the UK market (4.1% per year).

High Growth Revenue: PFD's revenue (2.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PFD's Return on Equity is forecast to be low in 3 years time (5.4%).


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Past Performance

How has Premier Foods performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


38.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PFD has high quality earnings.

Growing Profit Margin: PFD's current net profit margins (8.6%) are lower than last year (11.2%).


Past Earnings Growth Analysis

Earnings Trend: PFD's earnings have grown significantly by 38.6% per year over the past 5 years.

Accelerating Growth: PFD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PFD had negative earnings growth (-26.8%) over the past year, making it difficult to compare to the Food industry average (34.6%).


Return on Equity

High ROE: PFD's Return on Equity (5.1%) is considered low.


Discover strong past performing companies

Financial Health

How is Premier Foods's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PFD's short term assets (£231.3M) do not cover its short term liabilities (£258.7M).

Long Term Liabilities: PFD's short term assets (£231.3M) do not cover its long term liabilities (£767.9M).


Debt to Equity History and Analysis

Debt Level: PFD's net debt to equity ratio (17.8%) is considered satisfactory.

Reducing Debt: PFD's debt to equity ratio has reduced from 66.5% to 21.4% over the past 5 years.

Debt Coverage: PFD's debt is well covered by operating cash flow (27.9%).

Interest Coverage: PFD's interest payments on its debt are well covered by EBIT (6.4x coverage).


Balance Sheet


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Dividend

What is Premier Foods's 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

  • Future Dividend Coverage


1.04%

Current Dividend Yield

Upcoming Dividend Payment

TodayJun 26 2022Ex Dividend DateJun 30 2022Dividend Pay DateJul 29 202229 days from Ex DividendBuy in the next 3 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: PFD's dividend (1.04%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.88%).

High Dividend: PFD's dividend (1.04%) is low compared to the top 25% of dividend payers in the UK market (5.18%).


Stability and Growth of Payments

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

Growing Dividend: PFD 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: PFD is not paying a notable dividend for the UK market.


Cash Payout to Shareholders

Cash Flow Coverage: PFD 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?

2.8yrs

Average management tenure


CEO

Alex Whitehouse

2.83yrs

Tenure

UK£2,200,000

Compensation

Mr. Alexander Whitehouse, also known as Alex, served as Managing Director of UK at Premier Foods plc since May 24, 2017 until August 30, 2019 and serves as its Chief Executive Officer and Director since Au...


CEO Compensation Analysis

Compensation vs Market: Alex's total compensation ($USD2.70M) is above average for companies of similar size in the UK market ($USD2.07M).

Compensation vs Earnings: Alex's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PFD's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: PFD's board of directors are not considered experienced ( 2.7 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: PFD insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Premier Foods plc's employee growth, exchange listings and data sources


Key Information

  • Name: Premier Foods plc
  • Ticker: PFD
  • Exchange: LSE
  • Founded: 1975
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: UK£989.205m
  • Shares outstanding: 860.18m
  • Website: https://www.premierfoods.co.uk

Number of Employees


Location

  • Premier Foods plc
  • Premier House
  • Centrium Business Park
  • Saint Albans
  • Hertfordshire
  • AL1 2RE
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/04/02
Annual Earnings2022/04/02


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.