SpartanNash
Market Cap
US$645.2m
Last Updated
2021/01/16 23:17 UTC
Data Sources
Company Financials +
Executive Summary
SpartanNash Company distributes and retails grocery products. More Details
Rewards
Risk Analysis
Snowflake Analysis
6 star dividend payer and undervalued.
Similar Companies
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: SPTN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SPTN's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
4.6%
SPTN
-0.4%
US Consumer Retailing
-1.0%
US Market
1 Year Return
34.3%
SPTN
19.8%
US Consumer Retailing
19.6%
US Market
Return vs Industry: SPTN exceeded the US Consumer Retailing industry which returned 19.8% over the past year.
Return vs Market: SPTN exceeded the US Market which returned 19.6% over the past year.
Shareholder returns
| SPTN | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.6% | -0.4% | -1.0% |
| 30 Day | 4.0% | 0.6% | 2.2% |
| 90 Day | -13.5% | 1.1% | 11.5% |
| 1 Year | 40.6%34.3% | 22.5%19.8% | 22.3%19.6% |
| 3 Year | -16.3%-27.2% | 42.1%33.6% | 45.3%35.7% |
| 5 Year | 15.6%-3.6% | 100.0%79.0% | 124.8%99.8% |
Long-Term 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
2 weeks ago | Simply Wall St
Are SpartanNash's (NASDAQ:SPTN) Statutory Earnings A Good Reflection Of Its Earnings Potential?1 month ago | Simply Wall St
What Is SpartanNash Company's (NASDAQ:SPTN) Share Price Doing?1 month ago | Simply Wall St
What To Know Before Buying SpartanNash Company (NASDAQ:SPTN) For Its DividendValuation
Is SpartanNash 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: SPTN ($17.99) is trading below our estimate of fair value ($46.82)
Significantly Below Fair Value: SPTN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SPTN is good value based on its PE Ratio (9.3x) compared to the US Consumer Retailing industry average (14.7x).
PE vs Market: SPTN is good value based on its PE Ratio (9.3x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: SPTN is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: SPTN is good value based on its PB Ratio (0.9x) compared to the US Consumer Retailing industry average (2.2x).
Next Steps
Future Growth
How is SpartanNash forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
5.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPTN's forecast earnings growth (5.5% per year) is above the savings rate (2%).
Earnings vs Market: SPTN's earnings (5.5% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: SPTN's earnings are forecast to grow, but not significantly.
Revenue vs Market: SPTN's revenue (0.1% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: SPTN's revenue (0.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SPTN's Return on Equity is forecast to be low in 3 years time (9%).
Next Steps
Past Performance
How has SpartanNash performed over the past 5 years?
-15.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPTN has a large one-off loss of $23.6M impacting its October 3 2020 financial results.
Growing Profit Margin: SPTN became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SPTN's earnings have declined by 15% per year over the past 5 years.
Accelerating Growth: SPTN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SPTN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (57.8%).
Return on Equity
High ROE: SPTN's Return on Equity (9.6%) is considered low.
Next Steps
Financial Health
How is SpartanNash's financial position?
Financial Position Analysis
Short Term Liabilities: SPTN's short term assets ($1.1B) exceed its short term liabilities ($694.6M).
Long Term Liabilities: SPTN's short term assets ($1.1B) exceed its long term liabilities ($903.5M).
Debt to Equity History and Analysis
Debt Level: SPTN's debt to equity ratio (75.5%) is considered high.
Reducing Debt: SPTN's debt to equity ratio has increased from 70.4% to 75.5% over the past 5 years.
Debt Coverage: SPTN's debt is well covered by operating cash flow (48.3%).
Interest Coverage: SPTN's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
Next Steps
Dividend
What is SpartanNash current dividend yield, its reliability and sustainability?
4.28%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SPTN's dividend (4.28%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: SPTN's dividend (4.28%) is in the top 25% of dividend payers in the US market (3.85%)
Stability and Growth of Payments
Stable Dividend: SPTN's dividends per share have been stable in the past 10 years.
Growing Dividend: SPTN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39.9%), SPTN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SPTN's dividends in 3 years are forecast to be well covered by earnings (36.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average management tenure
CEO
Tony Sarsam (58 yo)
0.33
Tenure
Mr. Tony B. Sarsam has been President, Chief Executive Officer and Director at SpartanNash Company since September 21, 2020. Mr. Sarsam was the Chief Executive Officer of Ready Pac Produce, Inc. from Octob...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive VP & CFO | 3.33yrs | US$953.37k | 0.15% $ 987.9k | |
| Executive VP | 5.17yrs | US$982.12k | 0.21% $ 1.4m | |
| Executive VP | 2.83yrs | US$713.42k | 0.11% $ 679.8k | |
| Executive VP & Chief Merchandising & Marketing Officer | 1.92yrs | US$736.81k | 0.067% $ 430.7k | |
| President | 0.33yr | no data | 0.062% $ 401.4k | |
| Chief Accounting Officer & VP of Finance | 4.42yrs | no data | 0.068% $ 439.4k | |
| Chief Information Officer & Senior VP | 2yrs | no data | 0.047% $ 301.6k | |
| Vice President of Treasury & Corporate Development | 3.83yrs | no data | no data | |
| Senior VP & Chief Supply Chain Officer | 3.67yrs | no data | no data | |
| Executive VP & GM of Corporate Retail | 2.25yrs | no data | 0.063% $ 405.2k | |
| Senior Vice President of Center Store & Fresh Merchandising | 2.25yrs | no data | no data | |
| Senior VP & President of MDV Military Division | 0.92yr | no data | 0.011% $ 73.6k |
2.5yrs
Average Tenure
54yo
Average Age
Experienced Management: SPTN's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 0.33yr | no data | 0.062% $ 401.4k | |
| Independent Director | 10.25yrs | US$233.95k | 0.084% $ 539.8k | |
| Independent Director | 17.42yrs | US$241.45k | 0.10% $ 649.6k | |
| Lead Independent Director | 2.67yrs | US$238.95k | 0.12% $ 786.0k | |
| Independent Director | 20.42yrs | US$214.57k | 0.11% $ 727.5k | |
| Independent Director | 7.17yrs | US$228.95k | 0.11% $ 689.1k | |
| Independent Director | 2.92yrs | US$208.32k | 0.052% $ 336.2k | |
| Chairman | 4.58yrs | US$3.50m | 0.58% $ 3.7m | |
| Independent Director | 17.42yrs | US$208.95k | 0.12% $ 753.4k | |
| Independent Director | 7.17yrs | US$208.95k | 0.081% $ 522.5k |
7.2yrs
Average Tenure
65.5yo
Average Age
Experienced Board: SPTN's board of directors are considered experienced (7.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SPTN insiders have only sold shares 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
SpartanNash Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: SpartanNash Company
- Ticker: SPTN
- Exchange: NasdaqGS
- Founded: 1917
- Industry: Food Distributors
- Sector: Consumer Retailing
- Market Cap: US$645.180m
- Shares outstanding: 35.86m
- Website: https://www.spartannash.com
Number of Employees
Location
- SpartanNash Company
- 850 76th Street, S.W.
- PO Box 8700
- Grand Rapids
- Michigan
- 49518
- United States
Listings
| 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 |
Biography
SpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail. The Food Distribution segment offers approximately 52,000 stock-keeping...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 23:17 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/10/03 |
| Annual Earnings | 2019/12/28 |
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.