FLO

Flowers FoodsNYSE:FLO Stock Report

Market Cap

US$4.9b

7D

-1.4%

1Y

-1.1%

Updated

16 Sep, 2021

Data

Company Financials +
FLO fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance5/6
Financial Health4/6
Dividends6/6

FLO Overview

Flowers Foods, Inc. produces and markets packaged bakery products in the United States.

Share Price & News

How has Flowers Foods's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FLO is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: FLO's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-1.4%

FLO

0.8%

US Food

-0.6%

US Market


1 Year Return

-1.1%

FLO

9.7%

US Food

33.6%

US Market

Return vs Industry: FLO underperformed the US Food industry which returned 9.3% over the past year.

Return vs Market: FLO underperformed the US Market which returned 33.7% over the past year.


Shareholder returns

FLOIndustryMarket
7 Day-1.4%0.8%-0.6%
30 Day-8.0%-3.7%1.3%
90 Day-2.4%-4.0%5.3%
1 Year2.4%-1.1%12.3%9.7%35.6%33.6%
3 Year32.6%19.6%22.8%13.2%60.9%51.0%
5 Year76.2%47.8%17.0%0.8%123.4%99.1%

Long-Term Price Volatility Vs. Market

How volatile is Flowers Foods's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Flowers Foods Fundamentals Summary

How do Flowers Foods's earnings and revenue compare to its market cap?
FLO fundamental statistics
Market CapUS$4.90b
Earnings (TTM)US$228.18m
Revenue (TTM)US$4.33b

21.5x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FLO income statement (TTM)
RevenueUS$4.33b
Cost of RevenueUS$2.17b
Gross ProfitUS$2.17b
ExpensesUS$1.94b
EarningsUS$228.18m

Last Reported Earnings

Jul 17, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.08
Gross Margin49.98%
Net Profit Margin5.27%
Debt/Equity Ratio63.2%

How did FLO perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

75%

Payout Ratio

Valuation

Is Flowers Foods undervalued compared to its fair value and its price relative to the market?

8.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FLO ($23.16) is trading below our estimate of fair value ($25.31)

Significantly Below Fair Value: FLO is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: FLO is poor value based on its PE Ratio (21.5x) compared to the US Food industry average (21x).

PE vs Market: FLO is poor value based on its PE Ratio (21.5x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: FLO is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: FLO is overvalued based on its PB Ratio (3.4x) compared to the US Food industry average (2.3x).


Future Growth

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

11.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FLO's forecast earnings growth (11% per year) is above the savings rate (2%).

Earnings vs Market: FLO's earnings (11% per year) are forecast to grow slower than the US market (14.9% per year).

High Growth Earnings: FLO's earnings are forecast to grow, but not significantly.

Revenue vs Market: FLO's revenue (1.3% per year) is forecast to grow slower than the US market (9.7% per year).

High Growth Revenue: FLO's revenue (1.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FLO's Return on Equity is forecast to be low in 3 years time (19.1%).


Past Performance

How has Flowers Foods performed over the past 5 years?

0.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FLO has high quality earnings.

Growing Profit Margin: FLO's current net profit margins (5.3%) are higher than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: FLO's earnings have grown by 0.6% per year over the past 5 years.

Accelerating Growth: FLO's earnings growth over the past year (133.3%) exceeds its 5-year average (0.6% per year).

Earnings vs Industry: FLO earnings growth over the past year (133.3%) exceeded the Food industry 31.7%.


Return on Equity

High ROE: FLO's Return on Equity (16%) is considered low.


Financial Health

How is Flowers Foods's financial position?


Financial Position Analysis

Short Term Liabilities: FLO's short term assets ($840.0M) exceed its short term liabilities ($509.8M).

Long Term Liabilities: FLO's short term assets ($840.0M) do not cover its long term liabilities ($1.4B).


Debt to Equity History and Analysis

Debt Level: FLO's debt to equity ratio (63.2%) is considered high.

Reducing Debt: FLO's debt to equity ratio has reduced from 88.9% to 63.2% over the past 5 years.

Debt Coverage: FLO's debt is well covered by operating cash flow (44.6%).

Interest Coverage: FLO's interest payments on its debt are well covered by EBIT (32.3x coverage).


Balance Sheet


Dividend

What is Flowers Foods's current dividend yield, its reliability and sustainability?

3.63%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FLO's dividend (3.63%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: FLO's dividend (3.63%) is in the top 25% of dividend payers in the US market (3.58%)


Stability and Growth of Payments

Stable Dividend: FLO's dividends per share have been stable in the past 10 years.

Growing Dividend: FLO's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (75.2%), FLO's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: FLO's dividends in 3 years are forecast to be covered by earnings (65% payout ratio).


Next Steps

Management

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

3.9yrs

Average management tenure


CEO

A. McMullian (51 yo)

2.33yrs

Tenure

US$5,086,770

Compensation

Mr. A. Ryals McMullian, Jr., is President and Chief Executive Officer of Flowers Foods, Inc. since May 23, 2019 and its Director since August 16, 2019. He served as Chief Operating Officer at Flowers Foods...


CEO Compensation Analysis

Compensation vs Market: A.'s total compensation ($USD5.09M) is about average for companies of similar size in the US market ($USD6.50M).

Compensation vs Earnings: A.'s compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: FLO's management team is considered experienced (3.9 years average tenure).


Board Members

Experienced Board: FLO's board of directors are considered experienced (6.2 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Flowers Foods, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Flowers Foods, Inc.
  • Ticker: FLO
  • Exchange: NYSE
  • Founded: 1919
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: US$4.904b
  • Shares outstanding: 211.75m
  • Website: https://www.flowersfoods.com

Number of Employees


Location

  • Flowers Foods, Inc.
  • 1919 Flowers Circle
  • Thomasville
  • Georgia
  • 31757
  • United States

Listings


Biography

Flowers Foods, Inc. produces and markets packaged bakery products in the United States. It offers fresh breads, buns, rolls, snack cakes, and tortillas, as well as frozen breads and rolls under the Nature’...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 22:52
End of Day Share Price2021/09/16 00:00
Earnings2021/07/17
Annual Earnings2021/01/02


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.