Market Cap
US$33.2b
Last Updated
2020/10/23 00:47 UTC
Data Sources
Company Financials +
Executive Summary
Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Reasonable growth potential average dividend payer.
Similar Companies
Share Price & News
How has Sysco's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SYY has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.9%
SYY
-0.9%
US Consumer Retailing
-0.8%
US Market
1 Year Return
-17.6%
SYY
16.2%
US Consumer Retailing
18.0%
US Market
Return vs Industry: SYY underperformed the US Consumer Retailing industry which returned 16.9% over the past year.
Return vs Market: SYY underperformed the US Market which returned 17.8% over the past year.
Shareholder returns
| SYY | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.9% | -0.9% | -0.8% |
| 30 Day | 7.8% | 5.2% | 6.8% |
| 90 Day | 18.7% | 8.8% | 8.9% |
| 1 Year | -15.0%-17.6% | 18.1%16.2% | 20.7%18.0% |
| 3 Year | 28.4%19.0% | 65.1%55.9% | 41.5%32.1% |
| 5 Year | 79.8%58.1% | 98.5%78.5% | 84.6%63.8% |
Price Volatility Vs. Market
How volatile is Sysco's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Calculating The Intrinsic Value Of Sysco Corporation (NYSE:SYY)2 weeks ago | Simply Wall St
Why Sysco Corporation (NYSE:SYY) Looks Like A Quality Company1 month ago | Simply Wall St
Here's Why We Think Sysco's (NYSE:SYY) Statutory Earnings Might Be ConservativeValuation
Is Sysco undervalued compared to its fair value and its price relative to the market?
12.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SYY ($65.21) is trading below our estimate of fair value ($74.18)
Significantly Below Fair Value: SYY is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SYY is poor value based on its PE Ratio (154.4x) compared to the US Consumer Retailing industry average (15.6x).
PE vs Market: SYY is poor value based on its PE Ratio (154.4x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: SYY is poor value based on its PEG Ratio (5x)
Price to Book Ratio
PB vs Industry: SYY is overvalued based on its PB Ratio (28.6x) compared to the US Consumer Retailing industry average (1.6x).
Next Steps
Future Growth
How is Sysco forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
31.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SYY's forecast earnings growth (31% per year) is above the savings rate (2.2%).
Earnings vs Market: SYY's earnings (31% per year) are forecast to grow faster than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SYY's revenue (6% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: SYY's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SYY's Return on Equity is forecast to be very high in 3 years time (127.2%).
Next Steps
Past Performance
How has Sysco performed over the past 5 years?
12.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SYY has a large one-off loss of $944.7M impacting its June 27 2020 financial results.
Growing Profit Margin: SYY's current net profit margins (0.4%) are lower than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: SYY's earnings have grown by 12.1% per year over the past 5 years.
Accelerating Growth: SYY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SYY had negative earnings growth (-87.1%) over the past year, making it difficult to compare to the Consumer Retailing industry average (46.1%).
Return on Equity
High ROE: SYY's Return on Equity (18.1%) is considered low.
Next Steps
Financial Health
How is Sysco's financial position?
Financial Position Analysis
Short Term Liabilities: SYY's short term assets ($12.3B) exceed its short term liabilities ($6.7B).
Long Term Liabilities: SYY's short term assets ($12.3B) do not cover its long term liabilities ($14.7B).
Debt to Equity History and Analysis
Debt Level: SYY's debt to equity ratio (1202.5%) is considered high.
Reducing Debt: SYY's debt to equity ratio has increased from 136.3% to 1202.5% over the past 5 years.
Debt Coverage: SYY's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: SYY's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
Next Steps
Dividend
What is Sysco current dividend yield, its reliability and sustainability?
2.76%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SYY's dividend (2.76%) is higher than the bottom 25% of dividend payers in the US market (1.65%).
High Dividend: SYY's dividend (2.76%) is low compared to the top 25% of dividend payers in the US market (4.67%).
Stability and Growth of Payments
Stable Dividend: SYY's dividends per share have been stable in the past 10 years.
Growing Dividend: SYY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (411.9%), SYY's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SYY's dividends in 3 years are forecast to be covered by earnings (57.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Kevin Hourican (47 yo)
0.67
Tenure
US$25,872,425
Compensation
Mr. Kevin P. Hourican has been President and Chief Executive Officer at Sysco Corporation since February 1, 2020 and serves as its Director. Mr. Hourican served as Executive Vice President at CVS Health Co ...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD25.87M) is above average for companies of similar size in the US market ($USD11.20M).
Compensation vs Earnings: Insufficient data to compare Kevin's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim Executive Chairman | 0.75yr | US$2.34m | 0.0028% $ 929.5k | |
| President | 0.67yr | US$25.87m | no data | |
| Executive VP & CFO | 5.08yrs | US$3.42m | 0.012% $ 3.8m | |
| Executive VP | 0.83yr | US$7.09m | no data | |
| Executive Vice President of U.S. Foodservice Operations | 8.25yrs | US$3.59m | 0.0065% $ 2.2m | |
| Chief Supply Chain Officer & Executive VP | 0.58yr | US$3.49m | no data | |
| Senior VP & Chief Accounting Officer | 3.5yrs | no data | 0.00018% $ 59.8k | |
| Senior Director of Investor Relations | no data | no data | no data | |
| Senior VP of Legal | 1.75yrs | no data | 0.0013% $ 441.5k | |
| Vice President of Compliance | 4.83yrs | no data | no data | |
| Vice President Corporate Affairs | no data | no data | no data | |
| Senior Vice President of Merchandising & Marketing | no data | no data | 0.0043% $ 1.4m |
1.8yrs
Average Tenure
50.5yo
Average Age
Experienced Management: SYY's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim Executive Chairman | 0.75yr | US$2.34m | 0.0028% $ 929.5k | |
| President | 0.67yr | US$25.87m | no data | |
| Independent Director | 10.08yrs | US$305.01k | 0.014% $ 4.5m | |
| Independent Director | 5.17yrs | US$285.01k | 0.00045% $ 149.4k | |
| Independent Director | 15.92yrs | US$305.01k | 0.011% $ 3.5m | |
| Independent Director | 3.08yrs | US$285.01k | 0.00014% $ 46.5k | |
| Independent Director | 12.75yrs | US$285.01k | 0.011% $ 3.6m | |
| Independent Director | 4.08yrs | US$300.01k | 0.0037% $ 1.2m | |
| Lead Independent Director | 0.75yr | US$335.01k | 0.0030% $ 986.0k | |
| Independent Director | 14.67yrs | US$285.01k | 0.012% $ 4.0m | |
| Independent Director | 2.5yrs | US$285.01k | 0.000040% $ 13.3k | |
| Independent Director | 5.17yrs | US$285.01k | 0.00045% $ 149.4k |
4.6yrs
Average Tenure
65yo
Average Age
Experienced Board: SYY's board of directors are considered experienced (4.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SYY 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
Sysco Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sysco Corporation
- Ticker: SYY
- Exchange: NYSE
- Founded: 1969
- Industry: Food Distributors
- Sector: Consumer Retailing
- Market Cap: US$33.198b
- Shares outstanding: 509.09m
- Website: https://www.sysco.com
Number of Employees
Location
- Sysco Corporation
- 1390 Enclave Parkway
- Houston
- Texas
- 77077-2099
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SYY | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Feb 1971 |
| SYY | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 1971 |
| SYY * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Feb 1971 |
| 0LC6 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Feb 1971 |
| SYY | ETLX (Eurotlx) | Yes | Common Stock | IT | EUR | Feb 1971 |
| SYY | BASE (Buenos Aires Stock Exchange) | CEDEAR EACH 2 REP 1 ORD USD1 | AR | ARS | Jun 2009 | |
| S1YY34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REPR 2 COM | BR | BRL | Jan 2020 |
Biography
Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, the Unit ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/23 00:47 |
| End of Day Share Price | 2020/10/22 00:00 |
| Earnings | 2020/06/27 |
| Annual Earnings | 2020/06/27 |
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.