No-moat Albertsons delivered lackluster first-quarter results that were weighed down by weak food sales and elevated operating expenses. We plan to slightly reduce our $27 fair value estimate as we expect intensifying retail competition to weigh on top-line gains and profits in coming quarters.
Albertsons has grown its loyalty members at a rapid pace in recent years (to nearly 40 million), which should help drive recurring foot traffic.
Albertsons faces stringent price competition from larger peers, which could weigh on margins.
|
Metric
|
ACI
|
KR
|
AD
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.81 | 11.52 | 11.72 |
Price/Book Value | 4.05 | 3.15 | 1.83 |
Price/Sales | 0.15 | 0.26 | 0.32 |
Price/Cash Flow | 3.22 | 6.82 | 4.36 |
|
Metric
|
ACI
|
KR
|
AD
|
|---|---|---|---|
Quick Ratio | 0.16 | 0.37 | 0.56 |
Current Ratio | 0.88 | 0.86 | 0.87 |
Interest Coverage | 3.90 | 7.78 | 3.75 |
|
Metric
|
ACI
|
KR
|
AD
|
|---|---|---|---|
Return on Assets (Normalized) | 5.88% | 6.44% | 4.90% |
Return on Equity (Normalized) | 62.06% | 28.12% | 15.89% |
Return on Invested Capital (Normalized) | 11.27% | 11.42% | 12.65% |
|
1-Day Chart
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Price
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Morningstar Rating for Stocks
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Market Cap
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