SPARTANNASH COMPANY |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 19.75 USD | +2.38% |
|
+0.36% | -13.90% |
| May. 31 | BMO Capital Adjusts SpartanNash Price Target to $20 From $22, Maintains Market Perform Rating | MT |
| May. 30 | Transcript : SpartanNash Company, Q1 2024 Earnings Call, May 30, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 517.6 | 617.2 | 929.9 | 1,066 | 794.7 | 653.8 | - | - |
| Enterprise Value (EV) 1 | 1,182 | 1,084 | 1,325 | 1,541 | 1,374 | 1,241 | 653.8 | 653.8 |
| P/E ratio | 89 x | 8.12 x | 12.6 x | 31.8 x | 15.3 x | 9.83 x | 9.63 x | 10 x |
| Yield | 5.34% | 4.47% | 3.09% | 2.78% | - | 4.56% | 4.61% | - |
| Capitalization / Revenue | 0.06 x | 0.07 x | 0.1 x | 0.11 x | 0.08 x | 0.07 x | 0.07 x | 0.07 x |
| EV / Revenue | 0.14 x | 0.12 x | 0.15 x | 0.16 x | 0.14 x | 0.13 x | 0.07 x | 0.07 x |
| EV / EBITDA | 6.64 x | 4.53 x | 6.2 x | 6.34 x | 5.34 x | 4.76 x | 2.42 x | 2.5 x |
| EV / FCF | 11.2 x | 4.53 x | 16.2 x | 118 x | -44.3 x | 17.2 x | 7.97 x | 7.69 x |
| FCF Yield | 8.92% | 22.1% | 6.17% | 0.85% | -2.26% | 5.8% | 12.5% | 13% |
| Price to Book | 0.75 x | 0.84 x | 1.19 x | 1.43 x | - | - | - | - |
| Nbr of stocks (in thousands) | 36,347 | 35,863 | 35,944 | 35,262 | 34,626 | 33,892 | - | - |
| Reference price 2 | 14.24 | 17.21 | 25.87 | 30.24 | 22.95 | 19.29 | 19.29 | 19.29 |
| Announcement Date | 2/19/20 | 2/24/21 | 2/24/22 | 2/23/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 8,536 | 9,348 | 8,931 | 9,643 | 9,729 | 9,585 | 9,797 | 9,960 |
| EBITDA 1 | 177.9 | 239.1 | 213.7 | 242.9 | 257.4 | 260.7 | 270 | 262 |
| EBIT 1 | 82.13 | 135.7 | 95.44 | 136.7 | 106.7 | 137.2 | 136.9 | 134.1 |
| Operating Margin | 0.96% | 1.45% | 1.07% | 1.42% | 1.1% | 1.43% | 1.4% | 1.35% |
| Earnings before Tax (EBT) 1 | 3.575 | 85.36 | 98.66 | 46.92 | 70.12 | 90.55 | 94.08 | 90.6 |
| Net income 1 | 5.742 | 75.91 | 73.75 | 34.52 | 52.24 | 64.94 | 68.8 | 66.1 |
| Net margin | 0.07% | 0.81% | 0.83% | 0.36% | 0.54% | 0.68% | 0.7% | 0.66% |
| EPS 2 | 0.1600 | 2.120 | 2.050 | 0.9500 | 1.500 | 1.962 | 2.002 | 1.920 |
| Free Cash Flow 1 | 105.4 | 239.4 | 81.73 | 13.05 | -31 | 72 | 82 | 85 |
| FCF margin | 1.23% | 2.56% | 0.92% | 0.14% | -0.32% | 0.75% | 0.84% | 0.85% |
| FCF Conversion (EBITDA) | 59.22% | 100.15% | 38.24% | 5.37% | - | 27.62% | 30.37% | 32.44% |
| FCF Conversion (Net income) | 1,835.2% | 315.38% | 110.82% | 37.81% | - | 110.87% | 119.19% | 128.59% |
| Dividend per Share 2 | 0.7600 | 0.7700 | 0.8000 | 0.8400 | - | 0.8800 | 0.8900 | - |
| Announcement Date | 2/19/20 | 2/24/21 | 2/24/22 | 2/23/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2025 Q2 | 2025 Q3 | 2025 Q4 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,309 | 2,907 | 2,312 | 2,264 | 2,245 | 2,806 | 2,302 | 2,309 | 2,390 |
| EBITDA 1 | 47.15 | 76.77 | 66.11 | 60.88 | 53.65 | 74.9 | 65.16 | 63.26 | 67.09 |
| EBIT 1 | 22.02 | 24.31 | 40.36 | 34.07 | 23.54 | 30.62 | 30 | 30 | 38 |
| Operating Margin | 0.95% | 0.84% | 1.75% | 1.5% | 1.05% | 1.09% | 1.3% | 1.3% | 1.59% |
| Earnings before Tax (EBT) 1 | 1.517 | 13.76 | 27.12 | 14.58 | 14.66 | 18.18 | 25 | 22.85 | 25 |
| Net income 1 | 0.65 | 11.34 | 19.47 | 11.13 | 10.3 | 12.97 | 18.6 | 17 | 18.5 |
| Net margin | 0.03% | 0.39% | 0.84% | 0.49% | 0.46% | 0.46% | 0.81% | 0.74% | 0.77% |
| EPS 2 | 0.0200 | 0.3200 | 0.5600 | 0.3200 | 0.3000 | 0.3700 | 0.5450 | 0.5000 | 0.5550 |
| Dividend per Share 2 | 0.2100 | 0.2150 | 0.2150 | 0.2150 | - | - | 0.2200 | 0.2200 | 0.2200 |
| Announcement Date | 2/23/23 | 6/1/23 | 8/17/23 | 11/8/23 | 2/15/24 | 5/30/24 | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 664 | 467 | 395 | 474 | 580 | 588 | - | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.734 x | 1.952 x | 1.849 x | 1.954 x | 2.251 x | 2.254 x | - | - |
| Free Cash Flow 1 | 105 | 239 | 81.7 | 13.1 | -31 | 72 | 82 | 85 |
| ROE (net income / shareholders' equity) | 5.69% | 12.8% | 9.72% | 4.46% | 9.84% | - | - | - |
| ROA (Net income/ Total Assets) | 1.88% | 3.99% | 3.29% | 1.53% | - | - | - | - |
| Assets 1 | 305.5 | 1,902 | 2,242 | 2,257 | - | - | - | - |
| Book Value Per Share | 18.90 | 20.50 | 21.80 | 21.10 | - | - | - | - |
| Cash Flow per Share | 5.100 | 8.550 | 4.480 | 3.040 | - | - | - | - |
| Capex 1 | 74.8 | 67.3 | 79.4 | 97.3 | 120 | 140 | 120 | 120 |
| Capex / Sales | 0.88% | 0.72% | 0.89% | 1.01% | 1.24% | 1.46% | 1.22% | 1.2% |
| Announcement Date | 2/19/20 | 2/24/21 | 2/24/22 | 2/23/23 | 2/15/24 | - | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
19.29
USD
Average target price
23.25
USD
Spread / Average Target
+20.53%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -15.95% | 654M | |
| +25.37% | 530B | |
| +13.72% | 37.51B | |
| -0.64% | 36.18B | |
| +25.45% | 35.72B | |
| +8.40% | 28.65B | |
| +5.68% | 27B | |
| -12.80% | 26.08B | |
| +12.19% | 19.25B | |
| +18.70% | 18.87B |
- Stock Market
- Equities
- SPTN Stock
- Financials SpartanNash Company
