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.
Fair value with moderate growth potential.
Share Price & News
How has Premier Foods's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PFD's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PFD underperformed the UK Food industry which returned -23.9% over the past year.
Return vs Market: PFD underperformed the UK Market which returned -25% over the past year.
Price Volatility Vs. Market
How volatile is Premier Foods's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs Premier Foods (LON:PFD) A Risky Investment?
2 months ago | Simply Wall StAre Investors Undervaluing Premier Foods plc (LON:PFD) By 50%?
3 months ago | Simply Wall StDoes Premier Foods plc (LON:PFD) Have A Volatile Share Price?
Is Premier Foods 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: PFD (£0.24) is trading below our estimate of fair value (£0.6)
Significantly Below Fair Value: PFD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PFD is unprofitable, so we can't compare its PE Ratio to the Food industry average.
PE vs Market: PFD is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PFD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PFD is good value based on its PB Ratio (0.2x) compared to the GB Food industry average (1x).
How is Premier Foods forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PFD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).
Earnings vs Market: PFD is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PFD's is expected to become profitable in the next 3 years.
Revenue vs Market: PFD's revenue (2.1% per year) is forecast to grow slower than the UK market (2.4% per year).
High Growth Revenue: PFD's revenue (2.1% 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 (7.3%).
How has Premier Foods performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PFD is currently unprofitable.
Growing Profit Margin: PFD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PFD is unprofitable, but has reduced losses over the past 5 years at a rate of 15.3% per year.
Accelerating Growth: Unable to compare PFD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PFD is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (5.8%).
Return on Equity
High ROE: PFD has a negative Return on Equity (-1.81%), as it is currently unprofitable.
How is Premier Foods's financial position?
Financial Position Analysis
Short Term Liabilities: PFD's short term assets (£210.5M) do not cover its short term liabilities (£257.4M).
Long Term Liabilities: PFD's short term assets (£210.5M) do not cover its long term liabilities (£1.1B).
Debt to Equity History and Analysis
Debt Level: PFD's debt to equity ratio (43.5%) is considered high.
Reducing Debt: PFD's debt to equity ratio has reduced from 162.7% to 43.5% over the past 5 years.
Inventory Level: PFD has a low level of unsold assets or inventory.
Debt Coverage by Assets: PFD's debt is not covered by short term assets (assets are 0.4x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PFD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PFD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 7.8% per year.
What is Premier Foods's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PFD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PFD's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PFD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PFD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PFD is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PFD's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
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 & Director||0.67yr||no data||0.032% £63.0k|
|CFO & Director||0.33yr||no data||no data|
|Operations Director||1.25yrs||no data||no data|
|Director of Investor Relations & Treasury||no data||no data||no data|
|General Counsel & Company Secretary||1.67yrs||no data||no data|
|Human Resources & Communications Director||2.92yrs||no data||0.026% £51.6k|
|Chief Marketing Officer||0.50yr||no data||no data|
|Chief Customer Officer||0.50yr||no data||no data|
|Corporate Affairs Director||no data||no data||no data|
Experienced Management: PFD's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
|CEO & Director||0.67yr||no data||0.032% £63.0k|
|CFO & Director||0.33yr||no data||no data|
|Non-Executive Chairman||0.67yr||no data||no data|
|Non-Executive Director||1.17yrs||UK£4.99k||no data|
|Senior Independent Non-Executive Director||0.92yr||UK£57.00k||no data|
|Non-Executive Director||6.92yrs||UK£57.00k||0.019% £37.8k|
|Non-Executive Director||1.17yrs||no data||no data|
|Non-Executive Director||1.17yrs||no data||0.0086% £17.2k|
|Non-Executive Director||2.08yrs||no data||no data|
Experienced Board: PFD's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Premier Foods plc's company bio, employee growth, exchange listings and data sources
- Name: Premier Foods plc
- Ticker: PFD
- Exchange: LSE
- Founded: 1975
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: UK£199.659m
- Shares outstanding: 847.81m
- Website: https://www.premierfoods.co.uk
Number of Employees
- Premier Foods plc
- Premier House
- Centrium Business Park
- St Albans
- AL1 2RE
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PFD||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Jul 2004|
|PFOD.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jul 2004|
|FOJ1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 2004|
|PFDL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Jul 2004|
|FOJ1||MUN (Boerse Muenchen)||Yes||Ordinary Shares||DE||EUR||Jul 2004|
|PRRF.Y||OTCPK (Pink Sheets LLC)||UNSPONSORD ADR||US||USD||May 2012|
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. It operates through Grocery and Sweet Treats segments. The company offers a portfolio of product categories, including flavourings 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. Its products portfolio also comprises ambient desserts under the Ambrosia, Bird’s, Angel Delight, Mr Kipling, and Cadbury brands; and ambient cakes under the Mr Kipling, Cadbury, and Lyons brands. The company offers its products through supermarkets, discounters, convenience stores, and wholesale and food service facilities, as well as through online channels. Premier Foods plc was founded in 1975 and is headquartered in St Albans, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 20:31|
|End of Day Share Price||2020/04/01 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.