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Last Updated

2021/04/19 22:43 UTC

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Company Financials +

Executive Summary

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. More Details

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




US Food


US Market

1 Year Return




US Food


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

7 Day0.9%1.7%1.3%
30 Day0%2.0%5.1%
90 Day12.5%10.2%8.9%
1 Year14.8%11.7%24.1%21.1%56.6%53.8%
3 Year12.7%3.7%32.7%22.0%64.4%53.6%
5 Year24.0%-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


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


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?


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?


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


What is Conagra Brands's current dividend yield, its reliability and sustainability?


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


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Sean Connolly (55 yo)





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).


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:

Number of Employees


  • Conagra Brands, Inc.
  • 222 West Merchandise Mart Plaza
  • Suite 1300
  • Chicago
  • Illinois
  • 60654
  • United States



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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 22:43
End of Day Share Price2021/04/19 00:00
Annual Earnings2020/05/31

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.