Danone SA BN

Morningstar Rating
€61.76 −1.20 (1.91%)
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Company Report

Strength in Specialized Nutrition Supports Solid Growth Momentum for Danone

Danone has undergone a transformation in recent years, fueled by management’s efforts to address shortcomings in execution and financial discipline, underpinned by a cultural reset. Under the refreshed strategy, the company has optimized its category and channel footprint, divested assets representing almost 10% of sales, and increased investment in research, innovation, digital capabilities, and, most importantly, brand and marketing support.

Price vs Fair Value

BN is trading at a LOCK|&$gH<rj premium.
Price
€62.96
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Danone has seen a step-up in performance in recent years thanks to more focus on execution, portfolio management, financial discipline, and business reinvestment in key areas.

Bears

Danone's large exposure to product categories with high price elasticity for demand, such as yogurt, is suboptimal and leads to lower organic growth than peers.

News

Trading Information

Previous Close Price
€62.96
Day Range
€61.7262.88
52-Week Range
€60.6480.14
Bid/Ask
€61.72 / €62.90
Shares Outstanding
644.09M
Market Cap
€39.78B
Volume/Avg
2M / 1M

Key Statistics

Price/Earnings (Normalized)
25.05
Price/Sales
1.48
Dividend Yield (Trailing)
3.57%
Dividend Yield (Forward)
3.57%
Dividend Payment Schedule
May
Total Yield
4.06%

Company Profile

Danone is a global food and beverage industry leader with more than EUR 27 billion annual revenue. Its operations are organized into three broad segments: essential dairy and plant-based products, representing just over half of group revenue; specialized nutrition; and bottled water. The firm's portfolio includes well-known brands such as Danone/Dannon dairy products, Alpro plant-based dairy, Aptamil infant milk formula, Evian and Volvic bottled water, and leading medical nutrition brands.
Sector
Consumer Defensive
Industry
Packaged Foods
Stock Style Box
Large Value
Total Number of Employees
88,659

Competitors

Valuation

Metric
BN
KHC
PEP
Price/Earnings (Normalized)
25.0510.1716.35
Price/Book Value
2.300.818.45
Price/Sales
1.481.171.93
Price/Cash Flow
11.357.5312.91
Price/Earnings
BN
KHC
PEP

Financial Strength

Metric
BN
KHC
PEP
Quick Ratio
0.710.570.69
Current Ratio
0.971.060.93
Interest Coverage
5.40−4.5912.66
Quick Ratio
BN
KHC
PEP

Profitability

Metric
BN
KHC
PEP
Return on Assets (Normalized)
5.40%3.58%10.57%
Return on Equity (Normalized)
14.74%7.08%56.34%
Return on Invested Capital (Normalized)
8.18%5.47%17.14%
Return on Assets
BN
KHC
PEP

Packaged Foods Industry Comparables

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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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Danone SA ADR
DANOY
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The Kraft Heinz Co
KHC
LOCK|!<yZNrLOCK|DwKbg$29B
General Mills Inc
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LOCK|^<QV>d@LOCK|$S<$Q$20B
McCormick & Co Inc Ordinary Shares (Non Voting)
MKC
LOCK|Q&#hJQXLOCK|rT$14B
JM Smucker Co
SJM
LOCK|XlLOCK|>d$13B
The Magnum Ice Cream Co NV
MICC
LOCK|jnd?YJnLOCK|s#$12B
Hormel Foods Corp
HRL
LOCK|R%D%s&gLOCK|sM!t@$12B
Lamb Weston Holdings Inc
LW
LOCK|>FLOCK|%f%FM$7B
The Campbell's Co
CPB
LOCK|rbwH#qLOCK|?@$7B

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