General Mills, Inc. manufactures and markets branded consumer foods worldwide. More Details
Established dividend payer and good value.
Share Price & News
How has General Mills's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GIS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: GIS's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: GIS underperformed the US Food industry which returned 10.5% over the past year.
Return vs Market: GIS underperformed the US Market which returned 35.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is General Mills's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StWhat Type Of Shareholders Make Up General Mills, Inc.'s (NYSE:GIS) Share Registry?
2 weeks ago | Simply Wall StGeneral Mills, Inc. (NYSE:GIS) Insiders Have Been Selling
4 weeks ago | Simply Wall StOnly Four Days Left To Cash In On General Mills' (NYSE:GIS) Dividend
Is General Mills 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: GIS ($58.86) is trading below our estimate of fair value ($107.97)
Significantly Below Fair Value: GIS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GIS is good value based on its PE Ratio (15.4x) compared to the US Food industry average (21.3x).
PE vs Market: GIS is good value based on its PE Ratio (15.4x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: GIS is poor value based on its PEG Ratio (6.3x)
Price to Book Ratio
PB vs Industry: GIS is overvalued based on its PB Ratio (3.8x) compared to the US Food industry average (2.2x).
How is General Mills forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GIS's forecast earnings growth (2.5% per year) is above the savings rate (2%).
Earnings vs Market: GIS's earnings (2.5% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: GIS's earnings are forecast to grow, but not significantly.
Revenue vs Market: GIS's revenue (0.4% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: GIS's revenue (0.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GIS's Return on Equity is forecast to be high in 3 years time (21.8%)
How has General Mills performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GIS has high quality earnings.
Growing Profit Margin: GIS's current net profit margins (12.9%) are higher than last year (12.4%).
Past Earnings Growth Analysis
Earnings Trend: GIS's earnings have grown by 8.1% per year over the past 5 years.
Accelerating Growth: GIS's earnings growth over the past year (7.3%) is below its 5-year average (8.1% per year).
Earnings vs Industry: GIS earnings growth over the past year (7.3%) underperformed the Food industry 25.4%.
Return on Equity
High ROE: Whilst GIS's Return on Equity (22.61%) is high, this metric is skewed due to their high level of debt.
How is General Mills's financial position?
Financial Position Analysis
Short Term Liabilities: GIS's short term assets ($5.8B) do not cover its short term liabilities ($8.3B).
Long Term Liabilities: GIS's short term assets ($5.8B) do not cover its long term liabilities ($13.2B).
Debt to Equity History and Analysis
Debt Level: GIS's debt to equity ratio (121.5%) is considered high.
Reducing Debt: GIS's debt to equity ratio has reduced from 137.2% to 121.5% over the past 5 years.
Debt Coverage: GIS's debt is well covered by operating cash flow (23.7%).
Interest Coverage: GIS's interest payments on its debt are well covered by EBIT (8.3x coverage).
What is General Mills's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GIS's dividend (3.47%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: GIS's dividend (3.47%) is low compared to the top 25% of dividend payers in the US market (3.54%).
Stability and Growth of Payments
Stable Dividend: GIS's dividends per share have been stable in the past 10 years.
Growing Dividend: GIS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53%), GIS's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GIS's dividends in 3 years are forecast to be covered by earnings (56.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Harmening (54 yo)
Mr. Jeffrey L. Harmening, also known as Jeff, has been the Chief Executive Officer at General Mills, Inc. since June 1, 2017. Mr. Harmening served as the President of General Mills, Inc. since July 1, 2016...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD15.84M) is above average for companies of similar size in the US market ($USD11.17M).
Compensation vs Earnings: Jeff's compensation has increased by more than 20% in the past year.
Experienced Management: GIS's management team is considered experienced (4.5 years average tenure).
Experienced Board: GIS's board of directors are considered experienced (4.3 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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
General Mills, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: General Mills, Inc.
- Ticker: GIS
- Exchange: NYSE
- Founded: 1866
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: US$35.740b
- Shares outstanding: 607.21m
- Website: https://www.generalmills.com
Number of Employees
- General Mills, Inc.
- Number One General Mills Boulevard
- United States
General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates in five segments: North America Retail; Convenience Stores & Foodservice; Europe & Australia; Asia & Lati...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/31 22:49|
|End of Day Share Price||2021/07/30 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.