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DAR

Darling Ingredients NYSE:DAR Stock Report

Last Price

US$63.93

Market Cap

US$10.4b

7D

-7.0%

1Y

-2.6%

Updated

28 Jun, 2022

Data

Company Financials +
DAR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance5/6
Financial Health4/6
Dividends0/6

DAR Stock Overview

Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients.

Darling Ingredients Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Darling Ingredients
Historical stock prices
Current Share PriceUS$63.93
52 Week HighUS$87.59
52 Week LowUS$58.92
Beta1.11
1 Month Change-21.71%
3 Month Change-20.57%
1 Year Change-2.64%
3 Year Change221.90%
5 Year Change298.07%
Change since IPO2,031.00%

Recent News & Updates

Jun 08
When Should You Buy Darling Ingredients Inc. (NYSE:DAR)?

When Should You Buy Darling Ingredients Inc. (NYSE:DAR)?

Today we're going to take a look at the well-established Darling Ingredients Inc. ( NYSE:DAR ). The company's stock led...

Shareholder Returns

DARUS FoodUS Market
7D-7.0%1.9%1.7%
1Y-2.6%-1.7%-20.4%

Return vs Industry: DAR underperformed the US Food industry which returned -1.4% over the past year.

Return vs Market: DAR exceeded the US Market which returned -18.8% over the past year.

Price Volatility

Is DAR's price volatile compared to industry and market?
DAR volatility
DAR Average Weekly Movement7.5%
Food Industry Average Movement6.5%
Market Average Movement8.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.2%

Stable Share Price: DAR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: DAR's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18829,900Randy Stuewehttps://www.darlingii.com

Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients. The company operates through three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It offers ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries.

Darling Ingredients Fundamentals Summary

How do Darling Ingredients's earnings and revenue compare to its market cap?
DAR fundamental statistics
Market CapUS$10.43b
Earnings (TTM)US$687.20m
Revenue (TTM)US$5.06b

15.0x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DAR income statement (TTM)
RevenueUS$5.06b
Cost of RevenueUS$3.75b
Gross ProfitUS$1.31b
Other ExpensesUS$626.61m
EarningsUS$687.20m

Last Reported Earnings

Apr 02, 2022

Next Earnings Date

n/a

Earnings per share (EPS)4.25
Gross Margin25.96%
Net Profit Margin13.58%
Debt/Equity Ratio49.0%

How did DAR perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is DAR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DAR?

Other financial metrics that can be useful for relative valuation.

DAR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.4x
Enterprise Value/EBITDA13.4x
PEG Ratio0.6x

Price to Earnings Ratio vs Peers

How does DAR's PE Ratio compare to its peers?

DAR PE Ratio vs Peers
The above table shows the PE ratio for DAR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average13.6x
BG Bunge
7.2x-3.4%US$13.8b
INGR Ingredion
12x10.6%US$6.0b
ADM Archer-Daniels-Midland
13.9x-5.8%US$42.8b
FDP Fresh Del Monte Produce
21.3x26.8%US$1.3b
DAR Darling Ingredients
15x26.6%US$10.4b

Price-To-Earnings vs Peers: DAR is expensive based on its Price-To-Earnings Ratio (15x) compared to the peer average (13.6x).


Price to Earnings Ratio vs Industry

How does DAR's PE Ratio compare vs other companies in the US Food Industry?

Price-To-Earnings vs Industry: DAR is good value based on its Price-To-Earnings Ratio (15x) compared to the US Food industry average (18.3x)


Price to Earnings Ratio vs Fair Ratio

What is DAR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DAR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15x
Fair PE Ratio32x

Price-To-Earnings vs Fair Ratio: DAR is good value based on its Price-To-Earnings Ratio (15x) compared to the estimated Fair Price-To-Earnings Ratio (32x).


Share Price vs Fair Value

What is the Fair Price of DAR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DAR ($63.93) is trading below our estimate of fair value ($411)

Significantly Below Fair Value: DAR is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: DAR is good value based on its PEG Ratio (0.6x)


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Future Growth

How is Darling Ingredients forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


26.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DAR's forecast earnings growth (26.6% per year) is above the savings rate (1.9%).

Earnings vs Market: DAR's earnings (26.6% per year) are forecast to grow faster than the US market (13.8% per year).

High Growth Earnings: DAR's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: DAR's revenue (3% per year) is forecast to grow slower than the US market (8.3% per year).

High Growth Revenue: DAR's revenue (3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if DAR's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Darling Ingredients performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


40.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DAR has high quality earnings.

Growing Profit Margin: DAR's current net profit margins (13.6%) are higher than last year (9.6%).


Past Earnings Growth Analysis

Earnings Trend: DAR's earnings have grown significantly by 40.5% per year over the past 5 years.

Accelerating Growth: DAR's earnings growth over the past year (89.7%) exceeds its 5-year average (40.5% per year).

Earnings vs Industry: DAR earnings growth over the past year (89.7%) exceeded the Food industry 13.1%.


Return on Equity

High ROE: DAR's Return on Equity (19.9%) is considered low.


Discover strong past performing companies

Financial Health

How is Darling Ingredients's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: DAR's short term assets ($1.3B) exceed its short term liabilities ($813.4M).

Long Term Liabilities: DAR's short term assets ($1.3B) do not cover its long term liabilities ($2.3B).


Debt to Equity History and Analysis

Debt Level: DAR's net debt to equity ratio (46.2%) is considered high.

Reducing Debt: DAR's debt to equity ratio has reduced from 83.2% to 49% over the past 5 years.

Debt Coverage: DAR's debt is well covered by operating cash flow (41.9%).

Interest Coverage: DAR's interest payments on its debt are well covered by EBIT (9.8x coverage).


Balance Sheet


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Dividend

What is Darling Ingredients's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.36%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate DAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DAR'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 DAR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DAR's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as DAR has not reported any payouts.


Discover strong dividend paying companies

Management

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

6.1yrs

Average management tenure


CEO

Randy Stuewe (58 yo)

19.33yrs

Tenure

US$7,956,652

Compensation

Mr. Randall C. Stuewe, also known as Randy, has been the Chairman and Chief Executive Officer of Darling Ingredients Inc. since February, 3, 2003. Mr. Stuewe served as the President of ConAgra Foods, Inc....


CEO Compensation Analysis

Compensation vs Market: Randy's total compensation ($USD7.96M) is below average for companies of similar size in the US market ($USD13.41M).

Compensation vs Earnings: Randy's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: DAR's management team is seasoned and experienced (6.1 years average tenure).


Board Members

Experienced Board: DAR's board of directors are considered experienced (5.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: DAR insiders have sold more shares than they have bought 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

Darling Ingredients Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Darling Ingredients Inc.
  • Ticker: DAR
  • Exchange: NYSE
  • Founded: 1882
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: US$10.434b
  • Shares outstanding: 161.51m
  • Website: https://www.darlingii.com

Number of Employees


Location

  • Darling Ingredients Inc.
  • 5601 North MacArthur Boulevard
  • Irving
  • Texas
  • 75038
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/28 00:00
End of Day Share Price2022/06/28 00:00
Earnings2022/04/02
Annual Earnings2022/01/01


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.