SMPL Stock Fair Value – KBC Group NV Invests $274,000 in The Simply Good Foods Company
August 9, 2023
☀️Trending News
KBC Group NV recently invested a stake of $274,000 in The Simply Good Foods ($NASDAQ:SMPL) Company, as reported by Defense World. The Simply Good Foods Company is a US-based specialty food producer and distributor that focuses on high-quality, low-calorie, and low-carb foods. Simply Good Foods is committed to providing delicious snacks that are full of taste, but also free of unhealthy ingredients. Their products, such as their protein bars, popcorn, and chips, feature natural ingredients like dried fruits, nuts, and oats.
They are also committed to sustainability, using recycled materials in their packaging and utilizing renewable energy throughout their operations. Simply Good Foods’ stock has been steadily rising since the KBC Group NV investment and is currently trading at an all-time high. This investment marks an important milestone for the company as it continues to expand its presence in the health-focused food industry.
Price History
The company’s stock opened at $38.3 and closed at $38.8, up by 1.4% from the previous closing price of $38.3. This investment of $274,000 will undoubtedly have a positive impact on The Simply Good Foods Company and its shareholders alike. It reinforces the confidence the company has in its products and services, which have enabled it to remain competitive in the food industry. Furthermore, it shows that The Simply Good Foods Company is dedicated to providing its customers with quality, nutritious foods that are sustainably sourced and produced. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for SMPL. More…
| Total Revenues | Net Income | Net Margin |
| 1.2k | 127.06 | 10.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for SMPL. More…
| Operations | Investing | Financing |
| 153.69 | -11.32 | -130.13 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for SMPL. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.08k | 549.18 | 15.38 |
Key Ratios Snapshot
Some of the financial key ratios for SMPL are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.7% | 25.5% | 16.1% |
| FCF Margin | ROE | ROA |
| 11.9% | 8.0% | 5.8% |
Analysis – SMPL Stock Fair Value
GoodWhale has conducted an in-depth analysis of SIMPLY GOOD FOODS’s financials. Our proprietary Valuation Line calculated a fair value of around $37.3 for SIMPLY GOOD FOODS share. At present, SIMPLY GOOD FOODS stock is traded at $38.8, which is a slightly overvalued price at 3.9%. As such, investors should be wary of the current market price and may want to reconsider investing at this time. However, if SIMPLY GOOD FOODS shares drop below the fair value price, it could be an attractive opportunity for investors. More…
Peers
The Simply Good Foods Co is in a fierce competition with several other companies in the food industry. These competitors include High Liner Foods Inc, Ganyuan Foods Co Ltd, and Mowi ASA. All of these companies are striving to provide the best quality foods and services to their customers while remaining competitive in the market. As each company seeks to outdo the other, they are continually pushing the boundaries of innovation in order to offer the best products and services.
– High Liner Foods Inc ($TSX:HLF)
High Liner Foods Inc is a leading frozen seafood processing and marketing company in North America. It is one of the largest players in the frozen seafood industry, with operations in the United States, Canada, and Europe. As of 2022, High Liner Foods Inc has a market cap of 456.85M, making it one of the largest companies in the industry. Moreover, the company has an impressive Return on Equity (ROE) of 14.66% which shows the company is well managed and efficiently utilizing its resources to generate shareholder returns.
– Ganyuan Foods Co Ltd ($SZSE:002991)
Ganyuan Foods Co Ltd is a Chinese agricultural and food processing company. It has an impressive market capitalization of 7.22B as of 2022, which makes it one of the largest companies in the sector. The company has also achieved a Return on Equity (ROE) of 9.48%, demonstrating the effectiveness of its financial strategies. Ganyuan Foods Co Ltd is active in the production of grain, oilseed, tea, and other agricultural products, as well as in the processing and sale of these products to both domestic and international markets. The company also produces and sells a variety of processed foods, including noodles, grains, and snacks. By leveraging its extensive experience in agricultural production and food processing, Ganyuan Foods Co Ltd continues to be a leader in the industry.
– Mowi ASA ($BER:PND)
Mowi ASA is a multinational seafood company that specializes in the production and sale of farmed salmon and other seafood products. As of 2022, Mowi has a market capitalization of 7.96 billion USD, making it one of the largest seafood companies in the world. The company also has an impressive Return on Equity (ROE) of 17.38%, which is indicative of its strong financial performance and overall success. Mowi has achieved this impressive ROE figure through its commitment to efficiency, innovation, and sustainable practices. This has allowed the company to remain competitive despite the many challenges posed by the global seafood industry.
Summary
Investors have shown strong interest in Simply Good Foods Company, as KBC Group NV recently reported a $274,000 stake in the company. Simply Good Foods is a diversified snack food company with exposure to both retail and foodservice channels. The company’s product portfolio includes low-carb and no-carb products, all-natural snacks and candy, as well as nutrition bars. Investors have been attracted to the company’s track record of strong financial performance and its potential for future growth.
Additionally, Simply Good Foods has a long-term strategy to expand its product offerings to capitalize on growing consumer demand for healthy snacks. With its well-positioned business model and innovative products, analysts believe Simply Good Foods is well positioned to continue to generate strong returns for investors in the years ahead.
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