NasdaqGM:FRPT

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Executive Summary

Freshpet, Inc. manufactures and markets natural fresh products, refrigerated meals, and treats for dogs and cats in the United States, Canada, and the United Kingdom. More Details


Snowflake Analysis

Flawless balance sheet with high growth potential.


Similar Companies

Share Price & News

How has Freshpet's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FRPT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: FRPT's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

1.4%

FRPT

1.2%

US Food

1.5%

US Market


1 Year Return

120.7%

FRPT

1.5%

US Food

22.8%

US Market

Return vs Industry: FRPT exceeded the US Food industry which returned 1.5% over the past year.

Return vs Market: FRPT exceeded the US Market which returned 22.8% over the past year.


Shareholder returns

FRPTIndustryMarket
7 Day1.4%1.2%1.5%
30 Day0.8%-0.5%5.0%
90 Day23.5%0.7%15.2%
1 Year120.7%120.7%4.1%1.5%25.6%22.8%
3 Year673.7%673.7%5.5%-3.3%47.3%37.5%
5 Year2,369.4%2,369.4%24.2%7.2%133.4%107.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Freshpet undervalued compared to its fair value and its price relative to the market?

1184.19x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FRPT ($145.45) is trading above our estimate of fair value ($99.99)

Significantly Below Fair Value: FRPT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FRPT is poor value based on its PE Ratio (1184.2x) compared to the US Food industry average (24.1x).

PE vs Market: FRPT is poor value based on its PE Ratio (1184.2x) compared to the US market (21.1x).


Price to Earnings Growth Ratio

PEG Ratio: FRPT is poor value based on its PEG Ratio (27.3x)


Price to Book Ratio

PB vs Industry: FRPT is overvalued based on its PB Ratio (15x) compared to the US Food industry average (2.1x).


Next Steps

Future Growth

How is Freshpet forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

43.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FRPT's forecast earnings growth (43.4% per year) is above the savings rate (2%).

Earnings vs Market: FRPT's earnings (43.4% per year) are forecast to grow faster than the US market (21.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FRPT's revenue (24.4% per year) is forecast to grow faster than the US market (10.5% per year).

High Growth Revenue: FRPT's revenue (24.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FRPT's Return on Equity is forecast to be low in 3 years time (8.3%).


Next Steps

Past Performance

How has Freshpet performed over the past 5 years?

67.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FRPT has a high level of non-cash earnings.

Growing Profit Margin: FRPT became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: FRPT has become profitable over the past 5 years, growing earnings by 67.3% per year.

Accelerating Growth: FRPT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: FRPT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (-0.3%).


Return on Equity

High ROE: FRPT's Return on Equity (1.2%) is considered low.


Next Steps

Financial Health

How is Freshpet's financial position?


Financial Position Analysis

Short Term Liabilities: FRPT's short term assets ($137.5M) exceed its short term liabilities ($24.0M).

Long Term Liabilities: FRPT's short term assets ($137.5M) exceed its long term liabilities ($7.5M).


Debt to Equity History and Analysis

Debt Level: FRPT is debt free.

Reducing Debt: FRPT had no debt 5 years ago.

Debt Coverage: FRPT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: FRPT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Freshpet current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate FRPT'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 FRPT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FRPT'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 FRPT'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?

4.8yrs

Average management tenure


CEO

Billy Cyr (57 yo)

4.33yrs

Tenure

US$1,166,950

Compensation

Mr. William B. Cyr, also known as Billy, has been Chief Executive Officer of Freshpet, Inc. since September 06, 2016. Mr. Cyr joined Freshpet with experience in key consumer packaged foods leadership roles...


CEO Compensation Analysis

Compensation vs Market: Billy's total compensation ($USD1.17M) is below average for companies of similar size in the US market ($USD6.22M).

Compensation vs Earnings: Billy's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
William Cyr
CEO & Executive Director4.33yrsUS$1.17m1.11%
$ 65.5m
Scott Morris
Co-Founder4.83yrsUS$737.42k0.38%
$ 22.7m
Cathal Walsh
Co-Founder15yrsUS$593.06k0.14%
$ 8.2m
Richard Kassar
Vice Chairman0.33yrUS$748.89k0.21%
$ 12.5m
Stephen Weise
Executive Vice President of Operations5.5yrsUS$574.96kno data
Heather Pomerantz
Chief Financial Officer0.25yrno data0.015%
$ 872.5k
Thomas Farina
Senior Vice President of Sales8yrsno datano data
Lisa Barrette
Vice President of Business Development5.5yrsno datano data
John Speranza
Vice President of Marketing4.67yrsno datano data
Thembi Machaba
Senior Vice President of Human Resources0.42yrno datano data
Michael Hieger
Senior Vice President of Manufacturing Operations7yrsno datano data
Edward Young
Senior Vice President of Grocery & Mass Sales3.83yrsno datano data

4.8yrs

Average Tenure

53yo

Average Age

Experienced Management: FRPT's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Cyr
CEO & Executive Director4.33yrsUS$1.17m1.11%
$ 65.5m
J. Basto
Independent Director10.08yrsUS$119.99k0.069%
$ 4.1m
Craig Steeneck
Independent Director6.17yrsUS$134.99k0.056%
$ 3.3m
Lawrence Coben
Independent Director6.17yrsUS$127.49k0.12%
$ 7.2m
Charles Norris
Independent Chairman of the Board14.25yrsUS$169.99k1.45%
$ 85.5m
Walter George
Independent Director6.17yrsUS$119.99k0.10%
$ 6.1m
Daryl Brewster
Independent Director10yrsUS$121.87k0.12%
$ 7.3m
Jackie Kelley
Independent Director1.92yrsUS$115.83k0.011%
$ 620.7k
Leta Priest
Independent Director2.33yrsUS$119.99k0.013%
$ 776.7k
Olufunlayo Fajemirokun-Beck
Independent Director1.25yrsUS$47.49k0.0054%
$ 317.4k

6.2yrs

Average Tenure

61yo

Average Age

Experienced Board: FRPT's board of directors are considered experienced (6.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: FRPT insiders have only sold shares 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 12.6%.


Top Shareholders

Company Information

Freshpet, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Freshpet, Inc.
  • Ticker: FRPT
  • Exchange: NasdaqGM
  • Founded: 2004
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: US$5.911b
  • Shares outstanding: 40.64m
  • Website: https://www.freshpet.com

Number of Employees


Location

  • Freshpet, Inc.
  • 400 Plaza Drive
  • 1st Floor
  • Secaucus
  • New Jersey
  • 7094
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FRPTNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDNov 2014
7FPDB (Deutsche Boerse AG)YesCommon StockDEEURNov 2014
FRPT *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNNov 2014

Biography

Freshpet, Inc. manufactures and markets natural fresh products, refrigerated meals, and treats for dogs and cats in the United States, Canada, and the United Kingdom. The company sells its products under t...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 23:23
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.