Market Cap
US$5.9b
Last Updated
2021/01/16 00:25 UTC
Data Sources
Company Financials +
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
Rewards
Risk Analysis
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
-2.2%
FRPT
-1.3%
US Food
0.6%
US Market
1 Year Return
118.8%
FRPT
1.1%
US Food
21.0%
US Market
Return vs Industry: FRPT exceeded the US Food industry which returned 1.1% over the past year.
Return vs Market: FRPT exceeded the US Market which returned 21% over the past year.
Shareholder returns
| FRPT | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.2% | -1.3% | 0.6% |
| 30 Day | 9.6% | -0.9% | 4.2% |
| 90 Day | 16.2% | -1.1% | 12.4% |
| 1 Year | 118.8%118.8% | 3.6%1.1% | 23.7%21.0% |
| 3 Year | 675.4%675.4% | 6.6%-2.3% | 47.4%37.6% |
| 5 Year | 1,919.7%1,919.7% | 25.7%8.5% | 131.6%105.9% |
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
2 weeks ago | Simply Wall St
Freshpet, Inc.'s (NASDAQ:FRPT) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?1 month ago | Simply Wall St
We're Not Counting On Freshpet (NASDAQ:FRPT) To Sustain Its Statutory Profitability2 months ago | Simply Wall St
Analysts Have Made A Financial Statement On Freshpet, Inc.'s (NASDAQ:FRPT) Third-Quarter ReportValuation
Is Freshpet undervalued compared to its fair value and its price relative to the market?
1177.35x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FRPT ($143.5) is trading above our estimate of fair value ($99.92)
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 (1168.3x) compared to the US Food industry average (25.3x).
PE vs Market: FRPT is poor value based on its PE Ratio (1168.3x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: FRPT is poor value based on its PEG Ratio (27x)
Price to Book Ratio
PB vs Industry: FRPT is overvalued based on its PB Ratio (14.8x) 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 12 analysts?
43.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FRPT's forecast earnings growth (43.3% per year) is above the savings rate (2%).
Earnings vs Market: FRPT's earnings (43.3% 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 (25.1% per year) is forecast to grow faster than the US market (10.2% per year).
High Growth Revenue: FRPT's revenue (25.1% 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 (8.9%).
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 (-6.5%).
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 ($USD6.20M).
Compensation vs Earnings: Billy's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 4.33yrs | US$1.17m | 1.11% $ 65.2m | |
| Co-Founder | 4.83yrs | US$737.42k | 0.38% $ 22.6m | |
| Co-Founder | 15yrs | US$593.06k | 0.14% $ 8.2m | |
| Vice Chairman | 0.33yr | US$748.89k | 0.21% $ 12.4m | |
| Executive Vice President of Operations | 5.5yrs | US$574.96k | no data | |
| Chief Financial Officer | 0.25yr | no data | 0.015% $ 867.4k | |
| Senior Vice President of Sales | 8yrs | no data | no data | |
| Vice President of Business Development | 5.5yrs | no data | no data | |
| Vice President of Marketing | 4.67yrs | no data | no data | |
| Senior Vice President of Human Resources | 0.42yr | no data | no data | |
| Senior Vice President of Manufacturing Operations | 7yrs | no data | no data | |
| Senior Vice President of Grocery & Mass Sales | 3.83yrs | no data | no data |
4.8yrs
Average Tenure
53yo
Average Age
Experienced Management: FRPT's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 4.33yrs | US$1.17m | 1.11% $ 65.2m | |
| Independent Director | 10.08yrs | US$119.99k | 0.069% $ 4.0m | |
| Independent Director | 6.17yrs | US$134.99k | 0.056% $ 3.3m | |
| Independent Director | 6.17yrs | US$127.49k | 0.12% $ 7.1m | |
| Independent Chairman of the Board | 14.25yrs | US$169.99k | 1.45% $ 85.0m | |
| Independent Director | 6.17yrs | US$119.99k | 0.10% $ 6.1m | |
| Independent Director | 10yrs | US$121.87k | 0.12% $ 7.3m | |
| Independent Director | 1.92yrs | US$115.83k | 0.011% $ 617.1k | |
| Independent Director | 2.33yrs | US$119.99k | 0.013% $ 772.2k | |
| Independent Director | 1.25yrs | US$47.49k | 0.0054% $ 315.6k |
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$5.877b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FRPT | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Nov 2014 |
| 7FP | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 2014 |
| FRPT * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Nov 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 00:25 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.