NYSE:UNFI

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Executive Summary

United Natural Foods, Inc., together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. More Details


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

How has United Natural Foods's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: UNFI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: UNFI's weekly volatility has decreased from 16% to 9% over the past year.


Market Performance


7 Day Return

11.4%

UNFI

0.3%

US Consumer Retailing

2.1%

US Market


1 Year Return

97.7%

UNFI

20.4%

US Consumer Retailing

19.8%

US Market

Return vs Industry: UNFI exceeded the US Consumer Retailing industry which returned 20.4% over the past year.

Return vs Market: UNFI exceeded the US Market which returned 19.7% over the past year.


Shareholder returns

UNFIIndustryMarket
7 Day11.4%0.3%2.1%
30 Day17.8%5.8%8.1%
90 Day1.7%7.7%6.0%
1 Year97.7%97.7%22.4%20.4%22.5%19.8%
3 Year-62.3%-62.3%55.8%47.0%46.5%36.8%
5 Year-58.0%-58.0%104.6%84.4%96.9%75.3%

Long-Term Price Volatility Vs. Market

How volatile is United Natural Foods's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is United Natural Foods 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: UNFI ($17.97) is trading below our estimate of fair value ($37.35)

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


Price To Earnings Ratio

PE vs Industry: UNFI is unprofitable, so we can't compare its PE Ratio to the US Consumer Retailing industry average.

PE vs Market: UNFI is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate UNFI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: UNFI is good value based on its PB Ratio (0.9x) compared to the US Consumer Retailing industry average (2.1x).


Next Steps

Future Growth

How is United Natural Foods forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

67.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UNFI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: UNFI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: UNFI's is expected to become profitable in the next 3 years.

Revenue vs Market: UNFI's revenue (1.8% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: UNFI's revenue (1.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UNFI's Return on Equity is forecast to be low in 3 years time (11%).


Next Steps

Past Performance

How has United Natural Foods performed over the past 5 years?

-60.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UNFI is currently unprofitable.

Growing Profit Margin: UNFI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: UNFI is unprofitable, and losses have increased over the past 5 years at a rate of 60.3% per year.

Accelerating Growth: Unable to compare UNFI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: UNFI is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (48.2%).


Return on Equity

High ROE: UNFI has a negative Return on Equity (-22.24%), as it is currently unprofitable.


Next Steps

Financial Health

How is United Natural Foods's financial position?


Financial Position Analysis

Short Term Liabilities: UNFI's short term assets ($3.7B) exceed its short term liabilities ($2.4B).

Long Term Liabilities: UNFI's short term assets ($3.7B) do not cover its long term liabilities ($4.1B).


Debt to Equity History and Analysis

Debt Level: UNFI's debt to equity ratio (230.8%) is considered high.

Reducing Debt: UNFI's debt to equity ratio has increased from 39.6% to 230.8% over the past 5 years.


Balance Sheet


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 UNFI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: UNFI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 25.8% per year.


Next Steps

Dividend

What is United Natural Foods's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate UNFI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate UNFI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if UNFI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if UNFI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of UNFI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Steve Spinner (60 yo)

12.17yrs

Tenure

US$8,864,168

Compensation

Mr. Steven L. Spinner, also known as Steve, has been the Chief Executive Officer of United Natural Foods, Inc. (UNFI) since September 2008 and served as its President since September 2008 until August 1, 2...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD8.86M) is above average for companies of similar size in the US market ($USD2.56M).

Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Steven Spinner
Chairman & CEO12.17yrsUS$8.86m0.54%
$ 5.4m
Christopher Testa
President2.25yrsUS$2.26m0.095%
$ 963.0k
Michael Funk
Co-Founder & Director24.75yrsUS$252.00k0.14%
$ 1.5m
John Howard
Chief Financial Officer1.25yrsUS$2.22m0.011%
$ 115.6k
Eric Dorne
Chief Operating Officer0.67yrUS$2.13m0.084%
$ 852.8k
Jill Sutton
Chief Legal Officer2.5yrsUS$1.73m0.043%
$ 429.8k
Sean Griffin
0.67yrUS$4.96m0.15%
$ 1.5m
Richard Esper
Chief Accounting Officer & Controllerno datano datano data
John Clare
Chief Information Officer0.67yrno datano data
Steven Bloomquist
Vice President Investor Relationsno datano datano data
Jeffrey Swanson
Vice President of Corporate Communications & Media Relationsno datano datano data
Danielle Benedict
Chief Human Resource Officer3.17yrsno data0.044%
$ 443.7k

1.8yrs

Average Tenure

50.5yo

Average Age

Experienced Management: UNFI's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Steven Spinner
Chairman & CEO12.17yrsUS$8.86m0.54%
$ 5.4m
Michael Funk
Co-Founder & Director24.75yrsUS$252.00k0.14%
$ 1.5m
Daphne Dufresne
Independent Director4.08yrsUS$254.39k0.063%
$ 639.7k
Peter Roy
Lead Independent Director1.17yrsUS$302.89k0.14%
$ 1.4m
James Heffernan
Independent Director20.67yrsUS$272.00k0.091%
$ 918.8k
Jack Stahl
Independent Director1.42yrsUS$296.83k0.047%
$ 478.2k
James Muehlbauer
Independent Director1.58yrsUS$325.23k0.11%
$ 1.1m
Ann Bates
Independent Director7.08yrsUS$282.00k0.11%
$ 1.1m
Eric Artz
Independent Director5.08yrsUS$252.00k0.069%
$ 701.1k
Denise Clark
Independent Director7.75yrsUS$270.50k0.082%
$ 829.1k

4.6yrs

Average Tenure

62yo

Average Age

Experienced Board: UNFI'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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4%.


Top Shareholders

Company Information

United Natural Foods, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: United Natural Foods, Inc.
  • Ticker: UNFI
  • Exchange: NYSE
  • Founded: 1976
  • Industry: Food Distributors
  • Sector: Consumer Retailing
  • Market Cap: US$1.011b
  • Shares outstanding: 56.05m
  • Website: https://www.unfi.com

Number of Employees


Location

  • United Natural Foods, Inc.
  • 313 Iron Horse Way
  • Providence
  • Rhode Island
  • 2908
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UNFINYSE (New York Stock Exchange)YesCommon StockUSUSDNov 1996
UN3DB (Deutsche Boerse AG)YesCommon StockDEEURNov 1996

Biography

United Natural Foods, Inc., together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/27 23:46
End of Day Share Price2020/11/27 00:00
Earnings2020/08/01
Annual Earnings2020/08/01


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.