Campbell Soup
Market Cap
US$13.3b
Last Updated
2020/03/28 00:45 UTC
Data Sources
Company Financials +
Executive Summary
Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -5.9% per year for the next 3 years
Snowflake Analysis
Average dividend payer and slightly overvalued.
Similar Companies
Share Price & News
How has Campbell Soup's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CPB has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.5%
CPB
5.9%
US Food
10.5%
US Market
1 Year Return
15.9%
CPB
-8.8%
US Food
-11.5%
US Market
Return vs Industry: CPB exceeded the US Food industry which returned -8.8% over the past year.
Return vs Market: CPB exceeded the US Market which returned -11.5% over the past year.
Shareholder returns
| CPB | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.5% | 5.9% | 10.5% |
| 30 Day | -3.3% | -9.0% | -15.4% |
| 90 Day | -10.7% | -17.7% | -21.4% |
| 1 Year | 19.7%15.9% | -6.5%-8.8% | -9.6%-11.5% |
| 3 Year | -15.0%-22.8% | -15.9%-22.7% | 12.6%5.4% |
| 5 Year | 9.4%-5.2% | 17.5%3.8% | 32.8%18.1% |
Price Volatility Vs. Market
How volatile is Campbell Soup's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
These 4 Measures Indicate That Campbell Soup (NYSE:CPB) Is Using Debt Extensively3 weeks ago | Simply Wall St
A Closer Look At Campbell Soup Company's (NYSE:CPB) Impressive ROE1 month ago | Simply Wall St
How Much Are Campbell Soup Company (NYSE:CPB) Insiders Taking Off The Table?Valuation
Is Campbell Soup undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CPB ($44.19) is trading below our estimate of fair value ($100.04)
Significantly Below Fair Value: CPB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CPB is poor value based on its PE Ratio (29x) compared to the Food industry average (17.9x).
PE vs Market: CPB is poor value based on its PE Ratio (29x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: CPB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CPB is overvalued based on its PB Ratio (5.4x) compared to the US Food industry average (1.6x).
Next Steps
Future Growth
How is Campbell Soup forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
-5.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CPB's earnings are forecast to decline over the next 3 years (-5.9% per year).
Earnings vs Market: CPB's earnings are forecast to decline over the next 3 years (-5.9% per year).
High Growth Earnings: CPB's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CPB's revenue is expected to decline over the next 3 years (-0.6% per year).
High Growth Revenue: CPB's revenue is forecast to decline over the next 3 years (-0.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CPB's Return on Equity is forecast to be high in 3 years time (28.1%)
Next Steps
Past Performance
How has Campbell Soup performed over the past 5 years?
-5.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CPB has a large one-off loss of $166.0M impacting its January 26 2020 financial results.
Growing Profit Margin: CPB's current net profit margins (5.7%) are lower than last year (6.5%).
Past Earnings Growth Analysis
Earnings Trend: CPB's earnings have declined by -5% per year over the past 5 years.
Accelerating Growth: CPB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CPB had negative earnings growth (-1.5%) over the past year, making it difficult to compare to the Food industry average (-0.7%).
Return on Equity
High ROE: CPB's Return on Equity (18.3%) is considered low.
Next Steps
Financial Health
How is Campbell Soup's financial position?
Financial Position Analysis
Short Term Liabilities: CPB's short term assets ($1.6B) do not cover its short term liabilities ($2.5B).
Long Term Liabilities: CPB's short term assets ($1.6B) do not cover its long term liabilities ($6.6B).
Debt to Equity History and Analysis
Debt Level: CPB's debt to equity ratio (232.7%) is considered high.
Reducing Debt: CPB's debt to equity ratio has reduced from 258.8% to 232.7% over the past 5 years.
Debt Coverage: CPB's debt is well covered by operating cash flow (23.6%).
Interest Coverage: CPB's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
Inventory Level: CPB has a high level of physical assets or inventory.
Debt Coverage by Assets: CPB's debt is not covered by short term assets (assets are 0.3x debt).
Next Steps
Dividend
What is Campbell Soup's current dividend yield, its reliability and sustainability?
3.17%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CPB's dividend (3.17%) is higher than the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: CPB's dividend (3.17%) is low compared to the top 25% of dividend payers in the US market (5.45%).
Stability and Growth of Payments
Stable Dividend: CPB's dividends per share have been stable in the past 10 years.
Growing Dividend: CPB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (92%), CPB's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CPB's dividends in 3 years are forecast to be covered by earnings (54.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Mark Clouse (51yo)
1.17s
Tenure
US$7,358,305
Compensation
Mr. Mark A. Clouse has been President, Chief Executive Officer and Director of Campbell Soup Company since January 22, 2019. He served as the Chief Executive Officer of Pinnacle Foods Inc. from May 23, 201 ...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD7.36M) is below average for companies of similar size in the US market ($USD11.74M).
Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.17yrs | US$7.36m | 0.019% $2.5m | |
| Executive VP | 4.67yrs | US$3.05m | 0.028% $3.8m | |
| Executive VP & CFO | 0.50yr | no data | 0.023% $3.1m | |
| Chief Technology & Information Officer and VP | 2.42yrs | no data | no data | |
| VP of Finance Strategy & Investor Relations | no data | no data | no data | |
| Senior Vice President of Communications & Public Affairs | 4yrs | no data | no data | |
| Vice President of Corporate Development | 8.92yrs | no data | no data | |
| VP & Chief Marketing Officer | 1.67yrs | no data | no data | |
| Executive VP & Chief Human Resources Officer | 1.58yrs | no data | 0.0071% $946.7k | |
| VP of Corporate Responsibility & Chief Sustainability Officer | no data | no data | no data |
2.0yrs
Average Tenure
51yo
Average Age
Experienced Management: CPB's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.17yrs | US$7.36m | 0.019% $2.5m | |
| Independent Director | 1.33yrs | US$268.67k | 0.000090% $12.0k | |
| Independent Director | 31.17yrs | US$248.00k | 14.89% $2.0b | |
| Independent Director | 30.17yrs | US$248.00k | 17.66% $2.4b | |
| Independent Chairman | 1yr | US$3.75m | 0.017% $2.3m | |
| Independent Director | 3yrs | US$248.00k | 0.0027% $366.7k | |
| Independent Director | 10.33yrs | US$270.50k | 0.63% $83.9m | |
| Independent Director | 2.17yrs | US$255.50k | 0.0014% $190.7k | |
| Independent Director | 2.33yrs | US$273.00k | 0.00014% $18.7k | |
| Independent Director | 5.75yrs | US$255.50k | 0.00047% $62.7k |
2.7yrs
Average Tenure
56.5yo
Average Age
Experienced Board: CPB's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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
Campbell Soup Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Campbell Soup Company
- Ticker: CPB
- Exchange: NYSE
- Founded: 1869
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: US$13.334b
- Shares outstanding: 301.74m
- Website: https://www.campbellsoupcompany.com
Number of Employees
Location
- Campbell Soup Company
- 1 Campbell Place
- Camden
- New Jersey
- 8103
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CPB | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| 0HST | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1968 |
| CSC | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| CPB * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1968 |
| C1PB34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 1 REPR 1 SHS UNSPON | BR | BRL | Jan 2020 |
Biography
Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products. It operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada. This segment provides condensed and ready-to-serve soups; Swanson broth and stocks; Pacific Foods broth, soups, non-dairy beverages, and other simple meals; Prego pasta sauces; Pace Mexican sauces; Campbell’s gravies, pasta, beans, and dinner sauces; Swanson canned poultry; Plum baby food and snacks; V8 juices and beverages; and Campbell’s tomato juice. The segment also offers simple meals and shelf-stable beverages in Latin America. The Snacks segment retails Pepperidge Farm cookies, crackers, fresh bakery, and frozen products in the United States; Milano cookies and Goldfish crackers; and Snyder’s of Hanover pretzels, Lance sandwich crackers, Cape Cod and Kettle Brand potato chips, Late July snacks, Snack Factory Pretzel Crisps, Pop Secret popcorn, Emerald nuts, and other snacking products in the United States and Canada. The segment also engages in the chips business in Europe. The company sells its products through retail food chains, mass discounters, mass merchandisers, club stores, convenience stores, drug stores, and dollar stores, as well as e-commerce and other retail, commercial, and non-commercial establishments; and independent contractor distributors. Campbell Soup Company was founded in 1869 and is headquartered in Camden, New Jersey.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/28 00:45 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2020/01/26 |
| Annual Earnings | 2019/07/28 |
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.