Fresh Del Monte Produce Inc., through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Europe, the Middle East, Africa, Asia, and internationally. More Details
Excellent balance sheet and fair value.
Share Price & News
How has Fresh Del Monte Produce's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FDP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: FDP's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: FDP underperformed the US Food industry which returned 5.7% over the past year.
Return vs Market: FDP underperformed the US Market which returned 19.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Fresh Del Monte Produce's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StFresh Del Monte Produce's(NYSE:FDP) Share Price Is Down 48% Over The Past Three Years.
2 weeks ago | Simply Wall StWould Fresh Del Monte Produce Inc. (NYSE:FDP) Be Valuable To Income Investors?
2 weeks ago | Simply Wall StFour Days Left To Buy Fresh Del Monte Produce Inc. (NYSE:FDP) Before The Ex-Dividend Date
Is Fresh Del Monte Produce 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: FDP ($24.12) is trading below our estimate of fair value ($29.49)
Significantly Below Fair Value: FDP is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FDP is poor value based on its PE Ratio (51.2x) compared to the US Food industry average (25.8x).
PE vs Market: FDP is poor value based on its PE Ratio (51.2x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: FDP is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: FDP is good value based on its PB Ratio (0.7x) compared to the US Food industry average (2.1x).
How is Fresh Del Monte Produce forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FDP's forecast earnings growth (79.4% per year) is above the savings rate (2.2%).
Earnings vs Market: FDP's earnings (79.4% per year) are forecast to grow faster than the US market (21.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FDP's revenue (6.4% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: FDP's revenue (6.4% 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 FDP's Return on Equity is forecast to be high in 3 years time
How has Fresh Del Monte Produce performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FDP has a large one-off loss of $18.0M impacting its September 25 2020 financial results.
Growing Profit Margin: FDP's current net profit margins (0.5%) are lower than last year (1.3%).
Past Earnings Growth Analysis
Earnings Trend: FDP's earnings have declined by 33.7% per year over the past 5 years.
Accelerating Growth: FDP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FDP had negative earnings growth (-61.1%) over the past year, making it difficult to compare to the Food industry average (-5.6%).
Return on Equity
High ROE: FDP's Return on Equity (1.2%) is considered low.
How is Fresh Del Monte Produce's financial position?
Financial Position Analysis
Short Term Liabilities: FDP's short term assets ($990.0M) exceed its short term liabilities ($549.2M).
Long Term Liabilities: FDP's short term assets ($990.0M) exceed its long term liabilities ($940.3M).
Debt to Equity History and Analysis
Debt Level: FDP's debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: FDP's debt to equity ratio has increased from 11.6% to 31.6% over the past 5 years.
Debt Coverage: FDP's debt is well covered by operating cash flow (37.6%).
Interest Coverage: FDP's interest payments on its debt are well covered by EBIT (3.8x coverage).
What is Fresh Del Monte Produce current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FDP's dividend (1.66%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: FDP's dividend (1.66%) is low compared to the top 25% of dividend payers in the US market (4.2%).
Stability and Growth of Payments
Stable Dividend: FDP's dividend payments have been volatile in the past 10 years.
Growing Dividend: FDP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (63.6%), FDP's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mohammad Abu-Ghazaleh (78 yo)
Mr. Mohammad Abu-Ghazaleh has been Chairman and Chief Executive Officer of Fresh Del Monte Produce Inc. since 1996. He also serves as the Chairman of the Royal Jordanian Air Academy. From 1997 to 2010 he s...
CEO Compensation Analysis
Compensation vs Market: Mohammad's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD2.60M).
Compensation vs Earnings: Mohammad's compensation has been consistent with company performance over the past year.
|President & COO||no data||US$2.41m||0.028% |
|CFO, Chief Accounting Officer & Senior VP||1.67yrs||US$773.33k||0.0041% |
|Senior VP||no data||US$725.85k||0.0041% |
|Senior Vice President of North America Operations||2yrs||US$772.59k||0.0021% |
|Chairman & CEO||23.92yrs||US$6.67m||14.55% |
|VP & Investor Relations Officer||no data||no data||no data|
|Senior Vice President of Human Resources||2.67yrs||no data||0.0020% |
|Senior Vice President of Shipping Operations||2.83yrs||no data||0.0083% |
|Chief Sustainability Officer & Senior Vice President of Corporate R&D||1.75yrs||no data||0.0079% |
|Senior Vice President of Asia Pacific & Middle East Region||1.08yrs||no data||0.022% |
|Vice President of Internal Audit||21.5yrs||no data||no data|
Experienced Management: FDP's management team is considered experienced (2.3 years average tenure).
|Chairman & CEO||23.92yrs||US$6.67m||14.55% |
|Lead Independent Director||1.5yrs||US$268.31k||0.042% |
|Independent Director||21.5yrs||US$236.99k||0.16% |
|Independent Director||1.5yrs||US$163.65k||0.010% |
|Independent Director||0.58yr||no data||0.0024% |
Experienced Board: FDP's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Fresh Del Monte Produce Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Fresh Del Monte Produce Inc.
- Ticker: FDP
- Exchange: NYSE
- Founded: 1886
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: US$1.142b
- Shares outstanding: 47.37m
- Website: https://www.freshdelmonte.com
Number of Employees
- Fresh Del Monte Produce Inc.
- 190 Elgin Avenue
- George Town
- Grand Cayman
- Cayman Islands
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FDP||NYSE (New York Stock Exchange)||Yes||Ordinary Shares||US||USD||Oct 1997|
|FDM||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Oct 1997|
Fresh Del Monte Produce Inc., through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Europe, the Middle East, Africa, Asia, and internation...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/22 23:49|
|End of Day Share Price||2020/11/20 00:00|
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.