Simply Good Foods
Market Cap
US$1.8b
Last Updated
2020/10/31 00:53 UTC
Data Sources
Company Financials +
Executive Summary
The Simply Good Foods Company operates as a consumer packaged food and beverage company in North America and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with limited growth.
Similar Companies
Share Price & News
How has Simply Good Foods's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SMPL's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-11.1%
SMPL
-5.7%
US Food
-5.3%
US Market
1 Year Return
-22.3%
SMPL
1.2%
US Food
10.4%
US Market
Return vs Industry: SMPL underperformed the US Food industry which returned 2% over the past year.
Return vs Market: SMPL underperformed the US Market which returned 12% over the past year.
Shareholder returns
| SMPL | Industry | Market | |
|---|---|---|---|
| 7 Day | -11.1% | -5.7% | -5.3% |
| 30 Day | -15.2% | -3.1% | -2.1% |
| 90 Day | -21.8% | -3.2% | 1.7% |
| 1 Year | -22.3%-22.3% | 3.8%1.2% | 12.9%10.4% |
| 3 Year | 60.7%60.7% | 6.9%-1.9% | 34.3%25.4% |
| 5 Year | n/a | 15.0%-0.6% | 73.7%54.3% |
Price Volatility Vs. Market
How volatile is Simply Good Foods's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
The Simply Good Foods (NASDAQ:SMPL) Share Price Has Gained 86% And Shareholders Are Hoping For More1 month ago | Simply Wall St
Is There An Opportunity With The Simply Good Foods Company's (NASDAQ:SMPL) 43% Undervaluation?1 month ago | Simply Wall St
How Many The Simply Good Foods Company (NASDAQ:SMPL) Shares Did Insiders Buy, In The Last Year?Valuation
Is Simply Good Foods undervalued compared to its fair value and its price relative to the market?
36.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SMPL ($18.8) is trading below our estimate of fair value ($29.42)
Significantly Below Fair Value: SMPL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SMPL is poor value based on its PE Ratio (50.9x) compared to the US Food industry average (24.7x).
PE vs Market: SMPL is poor value based on its PE Ratio (50.9x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: SMPL is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: SMPL is good value based on its PB Ratio (1.5x) compared to the US Food industry average (2x).
Next Steps
Future Growth
How is Simply Good Foods forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
20.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SMPL's forecast earnings growth (20.8% per year) is above the savings rate (2.2%).
Earnings vs Market: SMPL's earnings (20.8% per year) are forecast to grow slower than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SMPL's revenue (5.8% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: SMPL's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SMPL's Return on Equity is forecast to be low in 3 years time (6.8%).
Next Steps
Past Performance
How has Simply Good Foods performed over the past 5 years?
29.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SMPL has a large one-off loss of $53.9M impacting its August 29 2020 financial results.
Growing Profit Margin: SMPL's current net profit margins (4.2%) are lower than last year (9.1%).
Past Earnings Growth Analysis
Earnings Trend: SMPL has become profitable over the past 5 years, growing earnings by 29.8% per year.
Accelerating Growth: SMPL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SMPL had negative earnings growth (-27.1%) over the past year, making it difficult to compare to the Food industry average (-7.8%).
Return on Equity
High ROE: SMPL's Return on Equity (2.8%) is considered low.
Next Steps
Financial Health
How is Simply Good Foods's financial position?
Financial Position Analysis
Short Term Liabilities: SMPL's short term assets ($260.3M) exceed its short term liabilities ($71.5M).
Long Term Liabilities: SMPL's short term assets ($260.3M) do not cover its long term liabilities ($704.0M).
Debt to Equity History and Analysis
Debt Level: SMPL's debt to equity ratio (48.4%) is considered high.
Reducing Debt: Insufficient data to determine if SMPL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SMPL's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: SMPL's interest payments on its debt are well covered by EBIT (4.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Simply Good Foods's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SMPL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SMPL'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 SMPL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SMPL'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 SMPL'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?
3.2yrs
Average management tenure
CEO
Joe Scalzo (61 yo)
3.25yrs
Tenure
US$3,659,783
Compensation
Mr. Joseph E. Scalzo, also known as Joe, serves as the Chief Executive Officer and President of Conyers Park Acquisition Corp. Mr. Scalzo has been the Chief Executive Officer and President of Atkins Nutrit ...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD3.66M) is about average for companies of similar size in the US market ($USD4.53M).
Compensation vs Earnings: Joe'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 |
|---|---|---|---|---|
| CEO, President & Director | 3.25yrs | US$3.66m | 0.40% $ 7.2m | |
| Chief Financial Officer | 3.17yrs | US$1.29m | 0.016% $ 282.1k | |
| Chief Legal Officer | no data | US$1.58m | 0.0047% $ 84.4k | |
| Chief Marketing Officer of Atkins | 9.75yrs | US$1.58m | 0.096% $ 1.7m | |
| Senior Vice President of Operations | 0.58yr | no data | no data | |
| VP, Controller & Chief Accounting Officer | 3.25yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Director of Communications | no data | no data | no data | |
| Chief Customer Officer | 3.17yrs | no data | 0.038% $ 677.8k | |
| Chief Marketing Officer of Quest | 0.17yr | no data | no data |
3.2yrs
Average Tenure
53.5yo
Average Age
Experienced Management: SMPL's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 3.25yrs | US$3.66m | 0.40% $ 7.2m | |
| Independent Director | 3.75yrs | US$149.99k | 0.085% $ 1.5m | |
| Independent Director | 3.75yrs | US$157.49k | 0.078% $ 1.4m | |
| Independent Director | 3.75yrs | US$159.99k | 0.058% $ 1.0m | |
| Independent Director | 1.25yrs | US$34.72k | 0.015% $ 262.6k | |
| Independent Director | 3.25yrs | US$149.99k | 0.032% $ 574.4k | |
| Independent Chairman of the Board | 3.25yrs | US$174.99k | 1% $ 18.1m | |
| Independent Vice Chairman | 3.25yrs | US$174.99k | 0.016% $ 292.3k | |
| Independent Director | 1.25yrs | US$21.10k | 0.0066% $ 119.1k | |
| Independent Director | 3.25yrs | US$149.99k | 0.051% $ 912.9k | |
| Independent Director | 3.25yrs | US$154.99k | 0.15% $ 2.6m | |
| Director | 0.83yr | no data | no data |
3.3yrs
Average Tenure
64.5yo
Average Age
Experienced Board: SMPL's board of directors are considered experienced (3.3 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
The Simply Good Foods Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Simply Good Foods Company
- Ticker: SMPL
- Exchange: NasdaqCM
- Founded:
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: US$1.799b
- Shares outstanding: 95.68m
- Website: https://www.thesimplygoodfoodscompany.com
Number of Employees
Location
- The Simply Good Foods Company
- 1225 17th Street
- Suite 1000
- Denver
- Colorado
- 80202
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SMPL | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Sep 2016 |
| 76L | BST (Boerse-Stuttgart) | Yes | Common Stock | DE | EUR | Sep 2016 |
Biography
The Simply Good Foods Company operates as a consumer packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offer ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/31 00:53 |
| End of Day Share Price | 2020/10/30 00:00 |
| Earnings | 2020/08/29 |
| Annual Earnings | 2020/08/29 |
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.