1.34%
-23.91%
-22.68%
-32.35%
-20.66%
-20.54%
-5.94%
AI Spotlight on GRG
Company Description
Greggs plc operates as a bakery food-on-the-go retailer in the United Kingdom.It offers a range of fresh and frozen bakery products, sandwiches, and drinks.The company sells products to franchise and wholesale partners for sale in their own outlets.
It is also involved in the property holding, non-trading, and trustee businesses.The company operates approximately 2,200 shops and 375 franchise locations.Greggs plc was founded in 1939 and is headquartered in Newcastle upon Tyne, the United Kingdom.
Market Data
| Last Price | 2120 |
| Change Percentage | 1.34% |
| Open | 2100 |
| Previous Close | 2092 |
| Market Cap ( Millions) | 2150 |
| Volume | 246571 |
| Year High | 3250 |
| Year Low | 2026 |
| M A 50 | 2567.56 |
| M A 200 | 2828.2 |
Financial Ratios
| FCF Yield | 7.24% |
| Dividend Yield | 2.78% |
| ROE | 26.79% |
| Debt / Equity | 66.19% |
| Net Debt / EBIDTA | 58.10% |
| Price To Book | 4.4 |
| Price Earnings Ratio | 15.81 |
| Price To FCF | 13.82 |
| Price To sales | 1.12 |
| EV / EBITDA | 7.31 |
News
- Jan -29 - Top 3 UK Dividend Stocks To Consider
- Jan -25 - Institutional owners may take dramatic actions as Greggs plc's (LON:GRG) recent 5.6% drop adds to one-year losses
- Jan -10 - Is There An Opportunity With Greggs plc's (LON:GRG) 23% Undervaluation?
- Jan -10 - Greggs and Greene King among firms backing drive to get offenders into work
- Jan -09 - Greggs raises prices and warns of higher costs as sales slow
- Jan -09 - Greggs raises prices across menu after yearly sales top Β£2 billion
- Jan -09 - UK consumer confidence falters after Christmas splurge
- Jan -09 - British Retailer Shares Decline Over Growing Fears About Economy
- Nov -03 - Greggs enlists Nigella Lawson to star in its first Christmas ad
- Oct -20 - Is It Time To Consider Buying Greggs plc (LON:GRG)?
- Oct -17 - The best stocks to buy in the UK, according to Barclays
- Oct -16 - Greggs to open champagne bar for Christmas
- Oct -16 - Greggs to open first Champagne bar for Christmas
- Oct -09 - Greggs PLC (GGGSY) Q2 2024 Earnings Call Highlights: Strong Sales Growth and Strategic Expansion
- Oct -07 - Stocks to watch ahead of the October budget
- Oct -01 - Greggs serves up softer sales despite autumn menu interest
- Sep -24 - UK stocks that have outperformed the FTSE All-Share index
- Sep -16 - Greggs plc's (LON:GRG) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
- Aug -21 - Greggs (LON:GRG) Has Announced A Dividend Of Β£0.19
- Aug -11 - The British city waging war on junk food
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Retail Company-managed Shops
Expected Growth : 8 %
What the company do ?
Greggs plc's Retail Company-managed Shops refer to bakery shops directly owned and operated by Greggs, offering a range of freshly baked goods and food-to-go products.
Why we expect these perspectives ?
Greggs plc's 8% growth in company-managed shops is driven by strategic store refurbishments, effective cost management, and a focus on customer convenience. Additionally, the company's investments in digital capabilities, such as mobile ordering and delivery, have enhanced the customer experience, attracting more customers and increasing sales.
Segment nΒ°2 -> Business to Business
Expected Growth : 12 %
What the company do ?
Greggs plc's B2B segment involves supplying freshly baked goods, sandwiches, and other food products to businesses, such as cafes, restaurants, and offices, for resale or internal consumption.
Why we expect these perspectives ?
Greggs plc's 12% Business-to-Business growth is driven by increasing demand for food-on-the-go and convenience, strategic partnerships with corporate clients, expansion into new markets, and investments in digital platforms and logistics, enabling efficient delivery and customer experience.
Greggs Plc Products
| Product Range | What is it ? |
|---|---|
| Savouries | Greggs offers a wide range of savoury products including sausage rolls, steak bakes, and chicken bakes. |
| Sandwiches | Greggs offers a variety of sandwiches, wraps, and flatbreads, including classic combinations and limited-edition seasonal options. |
| Cakes and Bakes | Greggs offers a wide range of sweet treats, including cakes, biscuits, and pastries. |
| Coffee and Drinks | Greggs offers a range of hot and cold drinks, including coffee, tea, and soft drinks. |
| Breakfast Items | Greggs offers a range of breakfast items, including bacon rolls, sausage rolls, and breakfast sandwiches. |
| Fresh Food | Greggs offers a range of fresh food options, including salads, fruit, and yoghurts. |
Greggs plc's Porter Forces
Threat Of Substitutes
Greggs plc faces moderate threat from substitutes as customers have limited alternatives for freshly baked goods and sandwiches. However, supermarkets and convenience stores offer some substitutes, which can affect sales.
Bargaining Power Of Customers
Greggs plc has a large customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are relatively low-cost, making it difficult for customers to negotiate prices.
Bargaining Power Of Suppliers
Greggs plc relies on a few large suppliers for ingredients and raw materials. While the company has some bargaining power due to its scale, suppliers can still exert some pressure on prices and quality.
Threat Of New Entrants
Entering the bakery and sandwich market requires significant investment in infrastructure, equipment, and staff training. This barrier to entry reduces the threat of new entrants for Greggs plc.
Intensity Of Rivalry
The bakery and sandwich market is highly competitive, with many established players and frequent promotions. Greggs plc faces intense rivalry from competitors like Pret a Manger, Costa Coffee, and Caffè Nero.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 37.58% |
| Debt Cost | 4.26% |
| Equity Weight | 62.42% |
| Equity Cost | 10.43% |
| WACC | 8.11% |
| Leverage | 60.20% |
Greggs plc : Quality Control
Greggs plc passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| COLR.BR | Etn. Fr. Colruyt NV, together with its subsidiaries, engages in the retail, wholesale, food service, and other activities in Belgium, France, and internationally. It operates through three segments: Retail, Wholesale β¦ |
| KESKOB.HE | Kesko Oyj engages in the grocery trading business in Finland. It operates through Grocery Trade, Building and Technical Trade, and Car Trade segments. The company's Grocery Trade segment is involved β¦ |
| SBRY.L | J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom and the Republic of Ireland. It β¦ |
| CA.PA | Carrefour SA operates stores in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, and Taiwan. The company operates hypermarkets, supermarkets, convenience stores, cash and carry β¦ |
| AXFO.ST | Axfood AB (publ) engages in the food retail and wholesale businesses in Sweden. It operates through Willys, HemkΓΆp, Dagab, and Axfood Snabbgross segments. The company operates its retail business through β¦ |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
π₯
Colruyt
A-Score
1-Year Total Return ->
π₯
Greggs
A-Score
1-Year Total Return ->
π₯
Kesko
A-Score
1-Year Total Return ->
4
Carrefour
A-Score
1-Year Total Return ->
5
Axfood
A-Score
1-Year Total Return ->
6
