Ingles Markets Stock Fair Value Calculator – Ingles Markets Renovates Stores and Proves to be an Undervalued Supermarket Business
January 5, 2024
🌥️Trending News
Ingles Markets ($NASDAQ:IMKTA) Supermarket is proving to be an undervalued business opportunity for investors. With recent renovations to stores, the company has made significant improvements to customer service, product availability, and overall shopping experience. From a financial perspective, Ingles Markets is a strong and stable business with consistent returns over the last few years. Ingles Markets also owns and operates several distribution centers and manufacturing facilities. The renovations at Ingles Markets Supermarket have made it a very attractive investment option for many investors. The company has done an excellent job of enhancing the customer experience at its locations and providing customers with a wide variety of products at competitive prices.
Additionally, the company’s financial position is solid, with consistent returns over the last few years. For these reasons, investors are taking notice and seeing an opportunity to capitalize on an undervalued business. Ultimately, Ingles Markets Supermarket is proving to be a great investment opportunity and one that will likely continue to show strong returns in the future. With the recent renovations and improvements to customer service, product selection, and overall shopping experience, investors have plenty of reasons to take advantage of this undervalued business.
Share Price
On Thursday, the stock opened at $88.5 and closed at the same price, up 0.8% from its prior closing of 87.9. The renovations have already had a positive impact on the performance of the business, as it has seen improvements in both sales and profits. This indicates that investors are beginning to recognize the potential of this undervalued business, and as such, are willing to invest in it.
Furthermore, the renovations have allowed Ingles Markets to offer more competitive prices and a wider variety of products to their customers, further boosting their sales. With these improvements in place, the future of Ingles Markets looks very promising. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ingles Markets. More…
| Total Revenues | Net Income | Net Margin |
| 5.89k | 210.81 | 3.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ingles Markets. More…
| Operations | Investing | Financing |
| 266.41 | -170.1 | -34.97 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ingles Markets. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.47k | 1.01k | 76.81 |
Key Ratios Snapshot
Some of the financial key ratios for Ingles Markets are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.5% | 1.5% | 5.1% |
| FCF Margin | ROE | ROA |
| 1.6% | 13.1% | 7.6% |
Analysis – Ingles Markets Stock Fair Value Calculator
At GoodWhale, we recently conducted an analysis of INGLES MARKETS‘s wellbeing. Our proprietary Valuation Line system resulted in an intrinsic value of around $78.1 for INGLES MARKETS shares. Currently, INGLES MARKETS stock is traded at $88.5 – a fair price that is overvalued by 13.4%. This indicates that investors may need to re-examine their expectations for the stock and the company’s future prospects. We believe this analysis gives a good indication of the current state of INGLES MARKETS and the potential for its future performance. More…
Peers
The grocery store industry is highly competitive. Ingles Markets Inc competes against PesoRama Inc, Halows Co Ltd, and X5 Retail Group NV. All of these companies are striving to be the best in the industry and offer the best products and services to their customers.
– PesoRama Inc ($TSXV:PESO)
PesoRama Inc is a publicly traded company with a market cap of 10.57M as of 2022. The company has a Return on Equity of -102.32%. PesoRama Inc is a provider of financial services. The company offers a variety of services including peso-denominated accounts, money transfers, foreign exchange, and credit products.
– Halows Co Ltd ($TSE:2742)
As of 2022, Halows Co Ltd has a market cap of 62.57B and a Return on Equity of 11.12%. The company is engaged in the business of providing software and services to the financial industry. Halows Co Ltd has a strong presence in the US, UK, Canada, and Australia. The company has a diversified product portfolio and a strong customer base.
Summary
Ingles Markets is a publicly traded supermarket chain, operating throughout the Southeastern United States. The company has recently announced a large-scale store renovation initiative, which includes remodeling existing stores and opening new locations. This effort has been well-received by the market, as investors see solid future growth potential in the company.
Additionally, recent financial statements have shown that the company is undervalued compared to its peers, making it an attractive investment opportunity. As such, investors should consider exercising caution and doing further research before investing in Ingles Markets.
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