Financials Performance Food Group Company Deutsche Boerse AG

Equities

P5F

US71377A1034

Food Retail & Distribution

Market Closed - Deutsche Boerse AG Other stock markets 01:25:02 21/06/2024 am IST			5-day change	1st Jan Change
62.5 ^EUR	0.00%		-1.57%	0.00%

15/05	Transcript : Performance Food Group Company Presents at 19th Annual Global Farm to Market Conference, May-15-2024 02:00 PM
08/05	Tranche Update on Performance Food Group Company's Equity Buyback Plan announced on November 16, 2022.	CI

Valuation

Fiscal Period: July	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	4,176	3,675	6,451	7,338	9,406	10,469	-	-
Enterprise Value (EV) ¹	5,511	5,827	8,984	11,682	13,404	14,473	13,782	12,943
P/E ratio	25 x	-27.5 x	161 x	64 x	23.7 x	23.8 x	17 x	14 x
Yield	-	-	-	-	-	-	-	-
Capitalization / Revenue	0.21 x	0.15 x	0.21 x	0.14 x	0.16 x	0.18 x	0.17 x	0.16 x
EV / Revenue	0.28 x	0.23 x	0.3 x	0.23 x	0.23 x	0.25 x	0.23 x	0.2 x
EV / EBITDA	11.6 x	14.4 x	14.4 x	11.5 x	9.83 x	9.72 x	8.39 x	7.27 x
EV / FCF	30.9 x	12.5 x	-72.3 x	192 x	23.8 x	22.9 x	15.8 x	-
FCF Yield	3.24%	7.99%	-1.38%	0.52%	4.2%	4.37%	6.34%	-
Price to Book	3.17 x	1.56 x	3.03 x	2.2 x	2.48 x	2.52 x	2.18 x	1.87 x
Nbr of stocks (in thousands)	1,05,185	1,32,481	1,33,806	1,55,002	1,56,146	1,55,610	-	-
Reference price ²	39.70	27.74	48.21	47.34	60.24	67.28	67.28	67.28
Announcement Date	14/08/19	12/08/20	19/08/21	17/08/22	16/08/23	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: July	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	19,744	25,086	30,399	50,894	57,255	58,431	61,115	64,069
EBITDA ¹	475.5	405.5	625.3	1,020	1,363	1,489	1,643	1,781
EBIT ¹	320.5	129.2	286.4	557	866.7	1,134	1,265	1,395
Operating Margin	1.62%	0.52%	0.94%	1.09%	1.51%	1.94%	2.07%	2.18%
Earnings before Tax (EBT) ¹	218.3	-222.2	54.7	167.1	544	604.6	833.5	995.6
Net income ¹	166.8	-114.1	40.7	112.5	397.2	438.6	606.7	727
Net margin	0.84%	-0.45%	0.13%	0.22%	0.69%	0.75%	0.99%	1.13%
EPS ²	1.590	-1.010	0.3000	0.7400	2.540	2.825	3.958	4.815
Free Cash Flow ¹	178.3	465.6	-124.2	61	562.4	633.2	873.3	-
FCF margin	0.9%	1.86%	-0.41%	0.12%	0.98%	1.08%	1.43%	-
FCF Conversion (EBITDA)	37.5%	114.82%	-	5.98%	41.25%	42.52%	53.16%	-
FCF Conversion (Net income)	106.89%	-	-	54.22%	141.59%	144.35%	143.94%	-
Dividend per Share ²	-	-	-	-	-	-	-	-
Announcement Date	14/08/19	12/08/20	19/08/21	17/08/22	16/08/23	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: July	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	12,839	13,079	14,590	14,719	13,899	13,771	14,865	14,939	14,296	13,858	15,311	15,606	14,938	14,551	16,011
EBITDA ¹	241.1	237.9	357.1	354.7	308.8	314.7	385.2	383.8	345.4	320.7	439.1	420.9	378.7	358.9	487.1
EBIT ¹	124.6	113.8	233.6	235.5	183.6	189.9	257.7	254.5	202.1	181.4	346.3	327.3	285.5	264.7	391.8
Operating Margin	0.97%	0.87%	1.6%	1.6%	1.32%	1.38%	1.73%	1.7%	1.41%	1.31%	2.26%	2.1%	1.91%	1.82%	2.45%
Earnings before Tax (EBT) ¹	11.4	34	116.2	129.9	96.2	111.8	206.1	163.3	111.7	96.8	239.3	211.2	173.1	166.5	287.4
Net income ¹	8.4	23.4	76	95.7	71.1	80.3	150.1	120.7	78.3	70.4	167.5	154.8	127	122	210.8
Net margin	0.07%	0.18%	0.52%	0.65%	0.51%	0.58%	1.01%	0.81%	0.55%	0.51%	1.09%	0.99%	0.85%	0.84%	1.32%
EPS ²	0.0500	0.1500	0.4900	0.6200	0.4600	0.5100	0.9600	0.7700	0.5100	0.4500	1.085	0.9950	0.8350	0.8100	1.385
Dividend per Share ²	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	09/02/22	11/05/22	17/08/22	09/11/22	08/02/23	10/05/23	16/08/23	08/11/23	07/02/24	08/05/24	-	-	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: July	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	1,335	2,152	2,533	4,344	3,997	4,004	3,312	2,474
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	2.808 x	5.308 x	4.051 x	4.259 x	2.932 x	2.688 x	2.016 x	1.389 x
Free Cash Flow ¹	178	466	-124	61	562	633	873	-
ROE (net income / shareholders' equity)	13.7%	-6.9%	1.98%	4.16%	11.3%	15.8%	16.4%	16.5%
ROA (Net income/ Total Assets)	3.86%	-1.84%	0.52%	1.11%	-	5.17%	6.08%	6.98%
Assets ¹	4,327	6,187	7,782	10,111	-	8,490	9,983	10,415
Book Value Per Share ²	12.50	17.80	15.90	21.50	24.20	26.70	30.90	36.00
Cash Flow per Share ²	3.470	-	3.140	5.050	-	7.040	7.460	8.760
Capex ¹	139	158	189	216	270	294	348	364
Capex / Sales	0.7%	0.63%	0.62%	0.42%	0.47%	0.5%	0.57%	0.57%
Announcement Date	14/08/19	12/08/20	19/08/21	17/08/22	16/08/23	-	-	-

¹USD in Million²USD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Performance Food Group Company

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

67.28 USD

Average target price

83.5 USD

Spread / Average Target

+24.11%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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