Weis Markets
Market Cap
US$1.0b
Last Updated
2020/02/17 00:06 UTC
Data Sources
Company Financials
Executive Summary
Weis Markets, Inc. engages in the retail sale of food in Pennsylvania and surrounding states.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet, undervalued and pays a dividend.
Similar Companies
Share Price & News
How has Weis Markets's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WMK has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.4%
WMK
1.7%
US Consumer Retailing
1.5%
US Market
1 Year Return
-29.1%
WMK
15.6%
US Consumer Retailing
20.1%
US Market
Return vs Industry: WMK underperformed the US Consumer Retailing industry which returned 15.6% over the past year.
Return vs Market: WMK underperformed the US Market which returned 20.1% over the past year.
Shareholder returns
| WMK | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | 1.7% | 1.5% |
| 30 Day | -3.9% | 1.6% | 1.4% |
| 90 Day | -4.5% | -1.1% | 8.7% |
| 1 Year | -26.8%-29.1% | 17.7%15.6% | 22.7%20.1% |
| 3 Year | -33.7%-39.0% | 50.0%40.5% | 50.1%40.5% |
| 5 Year | -9.2%-20.7% | 47.8%32.6% | 73.1%54.1% |
Price Volatility Vs. Market
How volatile is Weis Markets's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Read This Before You Buy Weis Markets, Inc. (NYSE:WMK) Because Of Its P/E Ratio1 month ago | Simply Wall St
Weis Markets, Inc. (NYSE:WMK) Is Yielding 3.1% - But Is It A Buy?2 months ago | Simply Wall St
Should You Be Concerned About Weis Markets, Inc.'s (NYSE:WMK) ROE?Valuation
Is Weis Markets undervalued compared to its fair value and its price relative to the market?
34.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WMK ($37.43) is trading below our estimate of fair value ($57.1)
Significantly Below Fair Value: WMK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WMK is good value based on its PE Ratio (16.1x) compared to the Consumer Retailing industry average (22.2x).
PE vs Market: WMK is good value based on its PE Ratio (16.1x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WMK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WMK is good value based on its PB Ratio (1x) compared to the US Consumer Retailing industry average (2.1x).
Next Steps
Future Growth
How is Weis Markets forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
5.4%
Forecasted Consumer Retailing industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Weis Markets has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Weis Markets is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Weis Markets competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Retailing industry.
Past Performance
How has Weis Markets performed over the past 5 years?
7.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WMK has high quality earnings.
Growing Profit Margin: WMK's current net profit margins (1.8%) are lower than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: WMK's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: WMK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WMK had negative earnings growth (-44.8%) over the past year, making it difficult to compare to the Consumer Retailing industry average (-6.1%).
Return on Equity
High ROE: WMK's Return on Equity (5.9%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Weis Markets's financial position?
Financial Position Analysis
Short Term Liabilities: WMK's short term assets ($492.6M) exceed its short term liabilities ($284.7M).
Long Term Liabilities: WMK's short term assets ($492.6M) exceed its long term liabilities ($304.6M).
Debt to Equity History and Analysis
Debt Level: WMK is debt free.
Reducing Debt: WMK had no debt 5 years ago.
Debt Coverage: WMK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WMK has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: WMK has a high level of physical assets or inventory.
Debt Coverage by Assets: WMK's debt is covered by short term assets (assets are 1.733234945654E+16x debt).
Next Steps
Dividend
What is Weis Markets's current dividend yield, its reliability and sustainability?
3.31%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: WMK's dividend (3.31%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: WMK's dividend (3.31%) is low compared to the top 25% of dividend payers in the US market (3.69%).
Stability and Growth of Payments
Stable Dividend: WMK's dividends per share have been stable in the past 10 years.
Growing Dividend: WMK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.5%), WMK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.4yrs
Average management tenure
CEO
Jonathan Weis (51yo)
6.4yrs
Tenure
US$5,876,245
Compensation
Mr. Jonathan H. Weis has been the Chief Executive Officer and President at Weis Markets, Inc. since February 11, 2014 and served as its Secretary April 2002. Mr. Weis served as an Interim Chief Executive O ...
CEO Compensation Analysis
Compensation vs Market: Jonathan's total compensation ($USD5.88M) is above average for companies of similar size in the US market ($USD2.47M).
Compensation vs Earnings: Jonathan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 6.4yrs | US$5.88m | 39.32% $395.9m | |
| Senior VP | 10.3yrs | US$1.08m | 0.013% $135.4k | |
| Chief Operating Officer | 5.9yrs | US$2.01m | 0.011% $112.3k | |
| Senior Vice President of Operations | 5.8yrs | US$752.91k | no data | |
| Senior VP of Real Estate & Development | 8.8yrs | US$818.05k | 0.0077% $77.5k | |
| Director of Technical Services | 9.3yrs | no data | no data | |
| Chief Information Officer and Vice President | 3.3yrs | no data | no data | |
| Vice President of Legal Affairs and Real Estate | 7.9yrs | no data | no data | |
| Vice President of Talent Development and Vice President of Associate Relations | 0yrs | no data | no data | |
| Sales Director | 6.8yrs | no data | no data |
6.4yrs
Average Tenure
52yo
Average Age
Experienced Management: WMK's management team is seasoned and experienced (6.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 6.4yrs | US$5.88m | 39.32% $395.9m | |
| Senior VP of Real Estate & Development | 8.8yrs | US$818.05k | 0.0077% $77.5k | |
| Independent Director | 9.6yrs | US$90.00k | 0.019% $187.2k | |
| Independent Director | 8.1yrs | US$90.00k | 0.0074% $74.9k | |
| Independent Director | 4.6yrs | US$96.00k | 0.019% $187.2k |
8.1yrs
Average Tenure
63yo
Average Age
Experienced Board: WMK's board of directors are considered experienced (8.1 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Weis Markets, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Weis Markets, Inc.
- Ticker: WMK
- Exchange: NYSE
- Founded: 1912
- Industry: Food Retail
- Sector: Consumer Retailing
- Market Cap: US$1.007b
- Shares outstanding: 26.90m
- Website: https://www.weismarkets.com
Number of Employees
Location
- Weis Markets, Inc.
- 1000 South Second Street
- PO Box 471
- Sunbury
- Pennsylvania
- 17801
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WMK | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| 76K | BST (Boerse-Stuttgart) | Yes | Common Stock | DE | EUR | Jan 1968 |
Biography
Weis Markets, Inc. engages in the retail sale of food in Pennsylvania and surrounding states. The company's retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products. It operates stores primarily under the Weis Markets trade name, as well as trademarks for its product lines and promotions, such as Weis, Weis 2 Go, Weis Wonder Chicken, Weis Great Meals Start Here, Weis Gas-n-Go, and Weis Nutri-Facts. As of December 31, 2018, the company owned and operated 200 retail food stores in Pennsylvania, Maryland, Delaware, New Jersey, New York, Virginia, and West Virginia. Weis Markets, Inc. was founded in 1912 and is based in Sunbury, Pennsylvania.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 00:06 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/09/28 |
| Annual Earnings | 2018/12/29 |
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.