General Mills Stock Fair Value – General Mills Shares Slump 1.23% on Rough Trading Day
August 11, 2023
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On Thursday, the stock market had a difficult session overall, with the S&P 500 dropping by 1.23% to $74.52 and General Mills ($NYSE:GIS) Inc. shares following suit, closing at $74.52 as well. As a result of the rough trading day, General Mills Inc. shares experienced a slip of 1.23%, making it one of the worst-performing stocks on the day. Despite this, the company’s shares have experienced good growth over the past year and remain an attractive option for investors.
Analysis – General Mills Stock Fair Value
At GoodWhale, we have conducted in-depth analyses of GENERAL MILLS‘s financials. After careful consideration of the company’s performance, our proprietary Valuation Line has estimated the fair value of GENERAL MILLS’ share to be around $74.1. Currently, the company’s stock is being traded at $73.6, which is a fair price given the estimated fair value. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for General Mills. More…
| Total Revenues | Net Income | Net Margin |
| 20.09k | 2.59k | 11.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for General Mills. More…
| Operations | Investing | Financing |
| 2.78k | -346.4 | -2.4k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for General Mills. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 31.45k | 20.75k | 17.81 |
Key Ratios Snapshot
Some of the financial key ratios for General Mills are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.5% | 0.7% | 17.6% |
| FCF Margin | ROE | ROA |
| 10.4% | 21.4% | 7.0% |
Peers
JM Smucker Co, Newberry Specialty Bakers Inc, and J&J Snack Foods Corp are all companies that compete with General Mills Inc.
– JM Smucker Co ($NYSE:SJM)
The J.M. Smucker Company has a market capitalization of $14.97 billion as of 2022 and a return on equity of 7.19%. The company manufactures and markets food and beverage products, including coffee, peanut butter, shortening and oils, frozen sandwiches, fruit spreads, syrups, and toppings. It also produces pet food, pet snacks, and pet food ingredients. The company was founded in 1897 and is headquartered in Orrville, Ohio.
– Newberry Specialty Bakers Inc ($OTCPK:NBRY)
J&J Snack Foods Corp is a leading manufacturer and distributor of snack foods and beverages. The company’s products include pretzels, chips, popcorn, frozen desserts, and more. J&J Snack Foods Corp has a strong presence in the United States and internationally. The company’s products are sold in over 100 countries. J&J Snack Foods Corp is a publicly traded company on the NASDAQ stock exchange. The company’s stock ticker symbol is JJSF. J&J Snack Foods Corp was founded in 1971 and is headquartered in Pennsauken, New Jersey.
Summary
General Mills Inc. experienced a poor trading session Thursday, with its share price dropping 1.23% to $74.52. This followed the trend of the overall stock market, with the S&P 500 dropping significantly. Analysts believe that investors are becoming increasingly cautious about equities, and this could continue to have a negative effect on General Mills. Investors should monitor the situation closely in order to assess the stock’s performance and make informed decisions.
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