Skip to Content

Ingredion Inc INGR

Morningstar Rating
$115.37 +0.62 (0.54%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Ingredion's Specialty Ingredients Position Company for Steady Long-Term Profit Growth

Ingredion manufactures starches and sweeteners by wet milling and processing corn and other starch-based raw materials. The company steeps these raw materials in a water-based solution before separating the ingredients from co-products (animal feed and corn oil). Starches are the largest category, generating around 45% of revenue, followed by sweeteners at roughly 35%, and co-products at 20%. The starches are then further processed into starch and sweetener ingredients used primarily by the food and beverage industries.

Price vs Fair Value

INGR is trading at a 4% discount.
Price
$115.37
Fair Value
$925.00
Uncertainty
Medium
1-Star Price
$443.00
5-Star Price
$11.00
Economic Moat
Sdbssr
Capital Allocation
Fztqcyyrx

Bulls Say, Bears Say

Bulls

Ingredion benefits from its growing proportion of specialty ingredients that carry some degree of pricing power and generate higher profit margins.

Bears

High-fructose corn syrup (roughly 10% of sales) has been linked with obesity and diabetes and is in declining use as a beverage sweetener.

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 INGR is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$114.75
Day Range
$114.34116.55
52-Week Range
$89.54118.83
Bid/Ask
$113.89 / $115.20
Market Cap
$7.56 Bil
Volume/Avg
358,300 / 396,161

Key Statistics

Price/Earnings (Normalized)
12.25
Price/Sales
0.95
Dividend Yield (Trailing)
2.58%
Dividend Yield (Forward)
2.70%
Total Yield
3.92%

Company Profile

Ingredion is an ingredients provider for the food, beverage, brewing, and animal nutrition industries. The company processes corn, tapioca, potatoes, stevia, grains, fruits, gums, and vegetables into value-added ingredients. The company has two main product lines: specialty and core ingredients. Specialty ingredients includes starch-based texturizers, natural alternative sweeteners such as stevia, and plant proteins for alternative dairy and snacks. Core ingredients includes sweeteners, such as high-fructose corn syrup, and commodity starches, such as those used for sustainable packaging.
Sector
Consumer Defensive
Industry
Packaged Foods
Stock Style Box
Small Core
Total Number of Employees
11,600

Competitors

Valuation

Metric
INGR
IFF
KYGA
Price/Earnings (Normalized)
12.2535.9819.50
Price/Book Value
2.131.462.27
Price/Sales
0.951.861.82
Price/Cash Flow
7.8922.4017.17
Price/Earnings
INGR
IFF
KYGA

Financial Strength

Metric
INGR
IFF
KYGA
Quick Ratio
0.950.741.10
Current Ratio
1.921.671.66
Interest Coverage
8.36−5.6311.58
Quick Ratio
INGR
IFF
KYGA

Profitability

Metric
INGR
IFF
KYGA
Return on Assets (Normalized)
8.68%0.70%6.46%
Return on Equity (Normalized)
19.76%1.40%12.26%
Return on Invested Capital (Normalized)
12.55%1.90%8.88%
Return on Assets
INGR
IFF
KYGA
See how this stock stacks up to its competitors with Morningstar Investor

Packaged Foods Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
NSRGY
Nestle SA ADRFfhbs$280.9 Bil
KHC
The Kraft Heinz CoXksmb$42.4 Bil
DANOY
Danone SA ADRYrljr$41.6 Bil
GIS
General Mills IncGcrwj$38.5 Bil
HRL
Hormel Foods CorpNbgfz$18.8 Bil
K
Kellanova CoVnjrh$18.7 Bil
MKC
McCormick & Co Inc Registered Shs Non VtgZqly$18.3 Bil
LW
Lamb Weston Holdings IncDpzscr$14.9 Bil
CAG
Conagra Brands IncBqdb$13.5 Bil
SJM
JM Smucker CoVkfrd$13.0 Bil

Sponsor Center