Associated British Foods PLC ASBFF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if ASBFF is a good fit for your portfolio.
News
-
'The ship has turned.' JPMorgan upgrades iconic U.K. retailer Marks & Spencer
-
AB Foods Lifts Guidance on Robust Sales Growth; Sees Primark Margins Improving in Fiscal Year 2024 — Update
-
AB Foods Lifts Views on Robust Sales Growth
-
Correction to Associated British Foods Headline
-
AB Foods to Buy National Milk Records for GBP48.0 Million
-
Trending: Primark Owner ABF Shares Fall on Slower 2nd Half Sales Growth Guidance
-
Primark-owner Associated British Foods posts profit fall, but backs guidance
-
AB Foods Backs Fiscal Year 2023 Views After 1st Half Sales Rose, Although Profit Fell
Trading Information
- Previous Close Price
- $29.96
- Day Range
- $28.75–29.52
- 52-Week Range
- $22.95–30.83
- Bid/Ask
- $29.14 / $31.47
- Market Cap
- $22.22 Bil
- Volume/Avg
- 13,913 / 2,059
Key Statistics
- Price/Earnings (Normalized)
- 18.20
- Price/Sales
- 0.96
- Dividend Yield (Trailing)
- 2.05%
- Dividend Yield (Forward)
- 2.05%
- Total Yield
- 4.67%
Company Profile
Associated British Foods is a diversified international retail, food, and ingredients group with 130,000 employees and operations in 50 countries across Europe, southern Africa, the Americas, Asia, and Australia. The group sells branded grocery products, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the popular Primark clothing retail chain. It also supplies ingredients like baker's yeast, enzymes, lipids, and cereal specialities. Some 40% of sales are in the U.K., and Primark generates more than half of the firm's operating profit.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Stock Style Box
- Large Core
- Total Number of Employees
- 133,000
- Website
- https://www.abf.co.uk
Competitors
Valuation
|
Metric
|
ASBFF
|
GPS
|
ITX
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.20 | 14.67 | 25.29 |
Price/Book Value | 1.61 | 3.00 | 7.30 |
Price/Sales | 0.96 | 0.53 | 3.79 |
Price/Cash Flow | 10.57 | 7.64 | 15.61 |
Price/Earnings
ASBFF
GPS
ITX
Financial Strength
|
Metric
|
ASBFF
|
GPS
|
ITX
|
|---|---|---|---|
Quick Ratio | 0.85 | 0.71 | 1.45 |
Current Ratio | 1.83 | 1.42 | 1.79 |
Interest Coverage | 5.43 | 6.22 | 24.95 |
Quick Ratio
ASBFF
GPS
ITX
Profitability
|
Metric
|
ASBFF
|
GPS
|
ITX
|
|---|---|---|---|
Return on Assets (Normalized) | 6.06% | 4.85% | 17.22% |
Return on Equity (Normalized) | 10.36% | 22.84% | 32.33% |
Return on Invested Capital (Normalized) | 7.78% | 6.69% | 23.96% |
Return on Assets
ASBFF
GPS
ITX
Packaged Foods Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NSRGY
| Nestle SA ADR | Vnflgqzg | Zvc | $268.4 Bil | |
KHC
| The Kraft Heinz Co | Vvbrgrmb | Yvwk | $45.1 Bil | |
DANOY
| Danone SA ADR | Vfnrfxqzv | Qfpvzy | $39.9 Bil | |
GIS
| General Mills Inc | Lnqpnvjd | Hxhwn | $39.0 Bil | |
MKC
| McCormick & Co Inc Registered Shs Non Vtg | Spxfvgvwj | Cqqg | $19.5 Bil | |
K
| Kellanova Co | Dmzfjjf | Kzsljgj | $19.2 Bil | |
HRL
| Hormel Foods Corp | Nmbylrpby | Fnrtyp | $18.8 Bil | |
CAG
| Conagra Brands Inc | Prhdqpgyw | Hcdrh | $14.5 Bil | |
CPB
| Campbell Soup Co | Qwrmhfcvz | Gqwxc | $12.9 Bil | |
SJM
| JM Smucker Co | Hbgd | Mgfv | $11.7 Bil |