United Natural Foods, Inc.

NYSE:UNFI Stock Report

Market Cap: US$1.2b

United Natural Foods Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: UNFI ($21.45) is trading below our estimate of fair value ($56.71)

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


Key Valuation Metric

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

Key metric: As UNFI is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for UNFI. This is calculated by dividing UNFI's market cap by their current revenue.
What is UNFI's PS Ratio?
PS Ratio0.04x
SalesUS$30.98b
Market CapUS$1.23b

Price to Sales Ratio vs Peers

How does UNFI's PS Ratio compare to its peers?

The above table shows the PS ratio for UNFI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.2x
ANDE Andersons
0.1x5.1%US$1.6b
SPTN SpartanNash
0.06x1.3%US$618.4m
CHEF Chefs' Warehouse
0.4x7.1%US$1.7b
HFFG HF Foods Group
0.2x2.8%US$180.4m
UNFI United Natural Foods
0.04x0.1%US$1.2b

Price-To-Sales vs Peers: UNFI is good value based on its Price-To-Sales Ratio (0x) compared to the peer average (0.2x).


Price to Sales Ratio vs Industry

How does UNFI's PS Ratio compare vs other companies in the US Consumer Retailing Industry?

12 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.0.4x4.7%
UNFI United Natural Foods
0.04x0.1%US$1.23b
WBA Walgreens Boots Alliance
0.05x1.5%US$7.81b
SPTN SpartanNash
0.06x1.3%US$618.39m
UNFI 0.0xIndustry Avg. 0.4xNo. of Companies12PS00.40.81.21.62+
12 CompaniesEstimated GrowthMarket Cap
Industry Avg.0.4x12.1%
UNFI United Natural Foods
0.04x99.4%US$1.23b
No more companies

Price-To-Sales vs Industry: UNFI is good value based on its Price-To-Sales Ratio (0x) compared to the US Consumer Retailing industry average (0.4x).


Price to Sales Ratio vs Fair Ratio

What is UNFI's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

UNFI PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.04x
Fair PS Ratio0.1x

Price-To-Sales vs Fair Ratio: UNFI is good value based on its Price-To-Sales Ratio (0x) compared to the estimated Fair Price-To-Sales Ratio (0.1x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst UNFI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$21.45
US$21.50
+0.2%
10.1%US$26.00US$18.00n/a8
Nov ’25US$20.58
US$21.50
+4.5%
10.1%US$26.00US$18.00n/a8
Oct ’25US$21.96
US$14.71
-33.0%
11.9%US$18.00US$12.00n/a7
Sep ’25US$15.13
US$13.86
-8.4%
9.8%US$16.00US$12.00n/a7
Aug ’25US$14.75
US$13.86
-6.1%
9.8%US$16.00US$12.00n/a7
Jul ’25US$12.79
US$13.71
+7.2%
11.5%US$16.00US$11.00n/a7
Jun ’25US$12.01
US$12.79
+6.5%
8.3%US$14.00US$11.00n/a7
May ’25US$9.04
US$12.79
+41.4%
8.3%US$14.00US$11.00n/a7
Apr ’25US$11.20
US$12.79
+14.2%
8.3%US$14.00US$11.00n/a7
Mar ’25US$15.38
US$14.00
-9.0%
11.5%US$16.00US$11.00n/a7
Feb ’25US$16.11
US$14.50
-10.0%
13.8%US$18.00US$11.00n/a8
Jan ’25US$16.23
US$14.63
-9.9%
14.1%US$18.00US$11.00n/a8
Dec ’24US$15.60
US$15.25
-2.2%
13.4%US$20.00US$13.00n/a8
Nov ’24US$14.42
US$16.25
+12.7%
20.1%US$23.00US$13.00US$20.588
Oct ’24US$14.14
US$16.25
+14.9%
20.1%US$23.00US$13.00US$21.968
Sep ’24US$19.90
US$25.78
+29.5%
34.2%US$50.00US$20.00US$15.139
Aug ’24US$21.14
US$25.78
+21.9%
34.2%US$50.00US$20.00US$14.759
Jul ’24US$19.55
US$26.25
+34.3%
35.2%US$50.00US$20.00US$12.798
Jun ’24US$26.23
US$32.44
+23.7%
20.8%US$50.00US$28.00US$12.019
May ’24US$27.09
US$32.44
+19.8%
20.8%US$50.00US$28.00US$9.049
Apr ’24US$26.35
US$34.22
+29.9%
20.4%US$50.00US$28.00US$11.209
Mar ’24US$41.64
US$47.20
+13.4%
15.4%US$63.00US$40.00US$15.3810
Feb ’24US$42.39
US$46.70
+10.2%
15.6%US$63.00US$40.00US$16.1110
Jan ’24US$38.71
US$46.90
+21.2%
15.7%US$63.00US$40.00US$16.2310
Dec ’23US$45.45
US$48.20
+6.1%
15.1%US$63.00US$40.00US$15.6010
Nov ’23US$42.00
US$47.60
+13.3%
16.1%US$63.00US$40.00US$14.4210

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies