Fresh Del Monte Produce (FDP) Is Trading Below Book Value

Shares of Small-cap basic materials company Fresh Del Monte Produce moved 9.69 this afternoon, and are now trading at $28.63 per share. On the other hand, the average analyst target price for the stock is $33.

Fresh Del Monte Produce Inc. produces, markets and distributes fresh and fresh cut fruits and vegetables in North America, Europe, the Middle East, Africa, Asia and internationally.

Fresh Del Monte Produce has moved 3.94% over the last year. Based on its trailing earning per share of 1.44, Fresh Del Monte Produce has a trailing 12 month Price to Earnings (P/E) ratio of 19.88 FDP has a forward P/E ratio of 17.92.

The company has a price to earnings growth (PEG) ratio of 1.73, implying that the company may be overvalued in terms of its earnings grwoth potential. On the other hand, the company may be undervalued compared to its assets, since its Price to Book (P/B) ratio is 0.673 Fresh Del Monte Produce currently returns an annual dividend yield of 2.08%.

2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31
EPS $1.68 $1.04 $1.38 -$0.45 $2.48
EPS Growth 62.0% -25.0% 407.0% -118.0% n/a
Net Income (k) $80,000 $49,200 $66,500 -$21,900 $120,800
Net Income Growth 62.6% -26.0% 403.6% -118.1% n/a
Shares Outstanding (k) 47,555 47,372 48,015 48,442 48,759
Shares Growth 0.0% -1.0% -1.0% -1.0% n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.