Conagra Brands
Market Cap
US$18.0b
Last Updated
2021/04/19 22:43 UTC
Data Sources
Company Financials +
Executive Summary
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record, good value and pays a dividend.
Similar Companies
Share Price & News
How has Conagra Brands's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CAG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CAG's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.9%
CAG
1.7%
US Food
1.3%
US Market
1 Year Return
11.7%
CAG
21.1%
US Food
53.8%
US Market
Return vs Industry: CAG underperformed the US Food industry which returned 21.1% over the past year.
Return vs Market: CAG underperformed the US Market which returned 53.8% over the past year.
Shareholder returns
| CAG | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.9% | 1.7% | 1.3% |
| 30 Day | 0% | 2.0% | 5.1% |
| 90 Day | 12.5% | 10.2% | 8.9% |
| 1 Year | 14.8%11.7% | 24.1%21.1% | 56.6%53.8% |
| 3 Year | 12.7%3.7% | 32.7%22.0% | 64.4%53.6% |
| 5 Year | 24.0%-15.0% | 28.2%10.4% | 120.4%95.7% |
Long-Term Price Volatility Vs. Market
How volatile is Conagra Brands's share price compared to the market and industry in the last 5 years?
Simply Wall St News
20 hours ago | Simply Wall St
Does Conagra Brands (NYSE:CAG) Deserve A Spot On Your Watchlist?1 week ago | Simply Wall St
Does Conagra Brands (NYSE:CAG) Have A Healthy Balance Sheet?2 months ago | Simply Wall St
An Intrinsic Calculation For Conagra Brands, Inc. (NYSE:CAG) Suggests It's 41% UndervaluedValuation
Is Conagra Brands undervalued compared to its fair value and its price relative to the market?
43.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CAG ($37.55) is trading below our estimate of fair value ($66.65)
Significantly Below Fair Value: CAG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CAG is good value based on its PE Ratio (15.4x) compared to the US Food industry average (23.7x).
PE vs Market: CAG is good value based on its PE Ratio (15.4x) compared to the US market (22.4x).
Price to Earnings Growth Ratio
PEG Ratio: CAG is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: CAG's PB Ratio (2.2x) is in line with the US Food industry average.
Future Growth
How is Conagra Brands forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
5.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CAG's forecast earnings growth (5.6% per year) is above the savings rate (2%).
Earnings vs Market: CAG's earnings (5.6% per year) are forecast to grow slower than the US market (17.9% per year).
High Growth Earnings: CAG's earnings are forecast to grow, but not significantly.
Revenue vs Market: CAG's revenue is expected to decline over the next 3 years (-0.09% per year).
High Growth Revenue: CAG's revenue is forecast to decline over the next 3 years (-0.09% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CAG's Return on Equity is forecast to be low in 3 years time (14.4%).
Past Performance
How has Conagra Brands performed over the past 5 years?
25.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CAG has high quality earnings.
Growing Profit Margin: CAG's current net profit margins (10.1%) are higher than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: CAG's earnings have grown significantly by 25.3% per year over the past 5 years.
Accelerating Growth: CAG's earnings growth over the past year (54.7%) exceeds its 5-year average (25.3% per year).
Earnings vs Industry: CAG earnings growth over the past year (54.7%) exceeded the Food industry 10.3%.
Return on Equity
High ROE: CAG's Return on Equity (14.3%) is considered low.
Financial Health
How is Conagra Brands's financial position?
Financial Position Analysis
Short Term Liabilities: CAG's short term assets ($2.6B) do not cover its short term liabilities ($3.3B).
Long Term Liabilities: CAG's short term assets ($2.6B) do not cover its long term liabilities ($10.5B).
Debt to Equity History and Analysis
Debt Level: CAG's debt to equity ratio (109%) is considered high.
Reducing Debt: CAG's debt to equity ratio has reduced from 143.4% to 109% over the past 5 years.
Debt Coverage: CAG's debt is well covered by operating cash flow (22.1%).
Interest Coverage: CAG's interest payments on its debt are well covered by EBIT (4.9x coverage).
Balance Sheet
Dividend
What is Conagra Brands's current dividend yield, its reliability and sustainability?
2.91%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CAG's dividend (2.93%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: CAG's dividend (2.93%) is low compared to the top 25% of dividend payers in the US market (3.46%).
Stability and Growth of Payments
Stable Dividend: CAG's dividend payments have been volatile in the past 10 years.
Growing Dividend: CAG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39.9%), CAG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CAG's dividends in 3 years are forecast to be well covered by earnings (38.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Sean Connolly (55 yo)
6yrs
Tenure
US$11,882,832
Compensation
Mr. Sean M. Connolly has been the Chief Executive Officer and President of Conagra Brands, Inc. since April 6, 2015. Mr. Connolly served as the Chief Executive Officer at The Hillshire Brands Company since...
CEO Compensation Analysis
Compensation vs Market: Sean's total compensation ($USD11.88M) is about average for companies of similar size in the US market ($USD11.16M).
Compensation vs Earnings: Sean's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CAG's management team is seasoned and experienced (5 years average tenure).
Board Members
Experienced Board: CAG's board of directors are considered experienced (4.4 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
Conagra Brands, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Conagra Brands, Inc.
- Ticker: CAG
- Exchange: NYSE
- Founded: 1919
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: US$18.022b
- Shares outstanding: 479.95m
- Website: https://www.conagrabrands.com
Number of Employees
Location
- Conagra Brands, Inc.
- 222 West Merchandise Mart Plaza
- Suite 1300
- Chicago
- Illinois
- 60654
- United States
Listings
Biography
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates through Grocery & Snacks, Refrigerated & Frozen, Internationa...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/19 22:43 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2021/02/28 |
| Annual Earnings | 2020/05/31 |
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.