Kraft Heinz
Market Cap
US$33.9b
Last Updated
2019/10/22 00:28 UTC
Data Sources
Company Financials +
Executive Summary
The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, the Middle East, and Africa.
Snowflake
Fundamentals
Fair value second-rate dividend payer.
Similar Companies
Share Price & News
How has Kraft Heinz's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.2%
KHC
-1.2%
US Food
0.5%
US Market
1 Year Return
-50.9%
KHC
0.3%
US Food
6.8%
US Market
Return vs Industry: KHC underperformed the US Food industry which returned 0.3% over the past year.
Return vs Market: KHC underperformed the US Market which returned 6.8% over the past year.
Shareholder returns
| KHC | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.2% | -1.2% | 0.5% |
| 30 Day | -1.2% | -2.9% | -0.8% |
| 90 Day | -13.3% | -1.8% | -0.9% |
| 1 Year | -48.1%-50.9% | 3.2%0.3% | 9.2%6.8% |
| 3 Year | -64.5%-68.5% | -2.1%-10.7% | 45.6%36.2% |
| 5 Year | n/a | 44.2%27.0% | 63.2%45.4% |
Price Volatility Vs. Market
How volatile is Kraft Heinz's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall St
Imagine Owning Kraft Heinz And Wondering If The 35% Share Price Slide Is Justified8 months ago | Simply Wall St
At US$47.46, Is The Kraft Heinz Company (NASDAQ:KHC) Worth Looking At Closely?8 months ago | Simply Wall St
Is The Kraft Heinz Company (NASDAQ:KHC) A Great Dividend Stock?Valuation
Is Kraft Heinz undervalued compared to its fair value and its price relative to the market?
49.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KHC ($27.81) is trading below our estimate of fair value ($54.67)
Significantly Below Fair Value: KHC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KHC is unprofitable, so we can't compare its PE Ratio to the Food industry average.
PE vs Market: KHC 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 KHC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KHC is good value based on its PB Ratio (0.7x) compared to the US Food industry average (2.1x).
Next Steps
Future Growth
How is Kraft Heinz forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
49.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KHC is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: KHC is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: KHC is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: KHC's revenue (0.2% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: KHC's revenue (0.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KHC's Return on Equity is forecast to be low in 3 years time (6%).
Next Steps
Past Performance
How has Kraft Heinz performed over the past 5 years?
0.01%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: KHC is unprofitable, but has reduced losses over the past 5 years at a rate of 0.01% per year.
Accelerating Growth: Unable to compare KHC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KHC is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-22.7%).
Return on Equity
High ROE: KHC has a negative Return on Equity (-21.59%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: KHC is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: KHC is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is Kraft Heinz's financial position?
Financial Position Analysis
Short Term Liabilities: KHC's short term assets ($9.2B) exceeds its short term liabilities ($7.8B)
Long Term Liabilities: KHC's short term assets (9.2B) do not cover its long term liabilities (43.7B)
Debt to Equity History and Analysis
Debt Level: KHC's debt to equity ratio (59.9%) is considered high
Reducing Debt: KHC's debt to equity ratio has reduced from 89.2% to 59.9% over the past 5 years.
Debt Coverage: KHC's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: KHC is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Inventory Level: KHC has a low level of unsold assets or inventory.
Debt Coverage by Assets: KHC's debt is not covered by short term assets (assets are 0.3x debt).
Next Steps
Dividend
What is Kraft Heinz's current dividend yield, its reliability and sustainability?
5.75%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: KHC's dividend (5.75%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: KHC's dividend (5.75%) is in the top 25% of dividend payers in the US market (3.73%)
Stable Dividend: KHC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: KHC has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: KHC is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: KHC's dividends in 3 years are forecast to be covered by earnings (62.3% payout ratio).
Next Steps
Management
What is the CEO of Kraft Heinz's salary, the management and board of directors tenure and is there insider trading?
0.8yrs
Average management tenure
CEO
Miguel Patricio (53yo)
0.3yrs
Tenure
Mr. Miguel Patricio has been the Chief Executive Officer of The Kraft Heinz Company since June 25, 2019 and has been its Interim President of U.S. Zone sincxe July 1, 2019. Mr. Patricio serves as Chief of ...
Management Age and Tenure
0.8yrs
Average Tenure
46yo
Average Age
Experienced Management: KHC's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Age and Tenure
4.3yrs
Average Tenure
54.5yo
Average Age
Experienced Board: KHC's board of directors are considered experienced (4.3 years average tenure).
Insider Trading
Insider Buying: KHC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 25,068,657 |
| Max Price | US$28.44 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 3,496,503 |
| Max Price | US$28.60 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Interim President of U.S. Zone |
| Shares | 787,091 |
| Max Price | US$25.41 |
Ownership Breakdown
Management Team
Miguel Patricio (53yo)
CEO & Interim President of U.S. Zone
- Tenure: 0.3yrs
Michael Mullen (50yo)
Senior Vice President of Corporate Affairs
- Tenure: 0yrs
Rashida La Lande (45yo)
Senior VP
- Tenure: 1.8yrs
- Compensation: US$5.80m
Chris Jakubik
Head of Global Investor Relations
- Tenure: 0yrs
Paulo Luiz Basilio (44yo)
Global Chief Financial Officer
- Tenure: 0.08yrs
- Compensation: US$18.85m
Melissa Werneck (46yo)
Global Chief People Officer
- Tenure: 0yrs
Andy Keatings
Chief Quality Officer
- Tenure: 0yrs
Peter Hall
Vice President of Sales
- Tenure: 0yrs
Vince Garlati (43yo)
VP, Principal Accounting Officer & Global Controller
- Tenure: 1.3yrs
Joao Araujo (46yo)
Head of U.S. Operations
- Tenure: 0.8yrs
Board Members
John Cahill (62yo)
Vice Chairman
- Tenure: 4.3yrs
- Compensation: US$735.05k
Jack Pope (70yo)
Independent Director
- Tenure: 4.3yrs
- Compensation: US$255.05k
Jorge Paulo Alberto Lemann (80yo)
Independent Director
- Tenure: 6.8yrs
- Compensation: US$235.10k
Jeanne Jackson (67yo)
Independent Director
- Tenure: 4.3yrs
- Compensation: US$235.05k
Greg Abel (57yo)
Independent Director
- Tenure: 6.3yrs
- Compensation: US$235.10k
Alexandre Behring (52yo)
Independent Chairman
- Tenure: 6.3yrs
- Compensation: US$395.05k
Tracy Cool (34yo)
Independent Director
- Tenure: 6.3yrs
- Compensation: US$235.10k
George El-Zoghbi (52yo)
Director
- Tenure: 1.8yrs
- Compensation: US$17.07m
Feroz Dewan (43yo)
Independent Director
- Tenure: 3yrs
- Compensation: US$235.10k
Joao Castro-Neves (52yo)
Independent Director
- Tenure: 0.3yrs
Company Information
The Kraft Heinz Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Kraft Heinz Company
- Ticker: KHC
- Exchange: NasdaqGS
- Founded: 1869
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: US$33.928b
- Shares outstanding: 1.22b
- Website: https://www.kraftheinzcompany.com
Number of Employees
Location
- The Kraft Heinz Company
- One PPG Place
- Pittsburgh
- Pennsylvania
- 15222
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KHC | NasdaqGS (Nasdaq Global Select) | Yes | New Common Stock | US | USD | Jul 2015 |
| KHNZ | XTRA (XETRA Trading Platform) | Yes | New Common Stock | DE | EUR | Jul 2015 |
| KHC * | BMV (Bolsa Mexicana de Valores) | Yes | New Common Stock | MX | MXN | Jul 2015 |
| KHNZ | DB (Deutsche Boerse AG) | Yes | New Common Stock | DE | EUR | Jul 2015 |
| KHC | SWX (SIX Swiss Exchange) | Yes | New Common Stock | CH | CHF | Jul 2015 |
| KHC | WBAG (Wiener Boerse AG) | Yes | New Common Stock | AT | EUR | Jul 2015 |
| 0JRV | LSE (London Stock Exchange) | Yes | New Common Stock | GB | USD | Jul 2015 |
| KHCB34 | BOVESPA (Bolsa de Valores de Sao Paulo) | EACH BDR REPR 1 COM USD0.01 | BR | BRL | Sep 2015 |
Biography
The Kraft Heinz Company manufactures and markets food and beverage products in the United States, Canada, Europe, the Middle East, and Africa. Its products include condiments and sauces, cheese and dairy, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 00:28 |
| End of Day Share Price | 2019/10/21 00:00 |
| Earnings | 2019/06/29 |
| 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.