Performance Food Stock Fair Value Calculator – PERFORMANCE FOOD Reports Fourth Quarter Earnings for FY2023

August 23, 2023

🌥️Earnings Overview

On June 30, 2023, PERFORMANCE FOOD ($NYSE:PFGC) reported their financial outcome for the fourth quarter of FY2023, which showed total revenue of USD 14865.2 million, a 1.9% growth from the prior year. Net income was reported as USD 150.1 million, a 97.5% improvement from the same period in the previous year.

Market Price

The stock opened at $59.3 and closed at $62.7, a rise of 9.1% from its last closing price of 57.5. The company’s performance was driven by strong sales growth across its core segments and verticals, coupled with cost-saving initiatives and a focus on operational improvements. The company’s sales were primarily driven by increasing demand for value-added convenience foods, which has been increasing steadily in recent years.

Additionally, PERFORMANCE FOOD benefited from its long-term supply chain and logistics partnerships, which enabled it to fulfill orders quickly and efficiently. PERFORMANCE FOOD also implemented several cost-saving initiatives during the fourth quarter, such as supply chain optimization, inventory management, and streamlining of customer service processes. These efforts helped to reduce expenses and improve profitability across the business. It is well-positioned to capitalize on the increasing demand for convenience foods and will continue leveraging its supply chain and logistics capabilities to increase market share. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Performance Food. More…

    Total Revenues Net Income Net Margin
    57.25k 397.2 0.7%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Performance Food. More…

    Operations Investing Financing
    832.1 -294.6 -536.2
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Performance Food. More…

    Total Assets Total Liabilities Book Value Per Share
    12.5k 8.75k 24.24
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Performance Food are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    31.7% 4.9% 1.3%
    FCF Margin ROE ROA
    1.0% 13.0% 3.8%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Performance Food Stock Fair Value Calculator

    GoodWhale conducted an analysis of PERFORMANCE FOOD‘s financials, and the results of our proprietary Valuation Line suggest that a fair value of PERFORMANCE FOOD share is estimated to be around $65.9. However, the current market price of PERFORMANCE FOOD stock is $62.7, which implies that the share is undervalued by approximately 4.9%. This presents a good opportunity for investors to buy the stock at a relatively cheaper price. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    The company operates through three segments: Performance Foodservice, PFG Customized, and Vistar. Performance Foodservice segment offers food and non-food products to independent restaurants, quick-service restaurants, caterers, and national restaurant chains. PFG Customized segment provides food and non-food products to customers who desire a customized distribution solution. Vistar segment supplies non-food products, equipment, and solutions to customers in the vending, office coffee service, theatre, and foodservice management industries.

    – US Foods Holding Corp ($NYSE:USFD)

    With a market capitalization of $6.66 billion as of 2022, US Foods Holding Corp is a publicly traded foodservice distributor. The company operates a network of nearly 300 distribution centers across the United States, serving more than 250,000 customers. US Foods Holding Corp also offers a variety of foodservice solutions, including custom-cut meat, seafood, and poultry; branded and private label products; and kitchen supplies and equipment. The company’s return on equity was 6.98% as of 2022.

    – Sysco Corp ($NYSE:SYY)

    Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of brands includesSysco, Brakes, FreshPoint and EFS. The company operates approximately 330 distribution facilities worldwide and serves more than 625,000 customer locations.

    – Sligro Food Group NV ($LTS:0MKM)

    Sligro Food Group is a Dutch food retailer and wholesaler. The company has a market cap of 662.56M as of 2022 and a return on equity of 8.07%. The company operates a chain of supermarkets and hypermarkets under the brand name “Sligro”.


    PERFORMANCE FOOD reported strong fourth quarter earnings results for FY2023 on June 30th, with total revenue at USD 14865.2 million and a 97.5% increase in net income to USD 150.1 million. The stock price responded positively to the news, evidencing investor confidence in the company’s financial performance. Looking forward, PERFORMANCE FOOD appears to be a compelling investment opportunity given its impressive growth figures and future outlook. Investors should consider monitoring the company’s financials and news updates as they assess its potential as an investment.

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