0.87%
4.21%
-2.35%
14.72%
74.09%
69.11%
81.57%

Company Description

Pilgrim's Pride Corporation engages in the production, processing, marketing and distribution of fresh, frozen and value-added chicken, and pork products to retailers, distributors, and foodservice operators in the United States, the United Kingdom, Mexico, the Middle East, Asia, Continental Europe, and internationally.The company offers fresh products, including pre-marinated or non-marinated chicken, frozen whole chickens, breast fillets, mini breast fillets and prepackaged case-ready chicken, primary pork cuts, and pork and pork ribs; prepared products, which include portion-controlled breast fillets, tenderloins and strips, delicatessen products, salads, formed nuggets and patties, and bone-in chicken parts; processed sausages, bacon, slow cooked, smoked meat, gammon joints, as well as variety of meat products, pre-packed meats, sandwich and deli counter meats, pulled pork balls, meatballs, and coated foods.In addition, its exported products include whole chickens and chicken parts sold either refrigerated for distributors in the U.S. or frozen for distribution to export markets and primary pork cuts, hog heads and trotters frozen for distribution to export markets.


The company offers its products under the Pilgrim's, Just BARE, Gold'n Pump, Gold Kist, County Pride, Pierce Chicken, Pilgrim's Mexico, County Post, Savoro, To-Ricos, Del Dia, Moy Park, O'Kane, Richmond, Fridge Raiders, and Denny brands.Pilgrim's Pride Corporation sells its products to the foodservice market principally consists of chain restaurants, food processors, broad-line distributors, and other institutions; and retail market, which comprise primarily grocery store chains, wholesale clubs, and other retail distributors.The company was founded in 1946 and is headquartered in Greeley, Colorado.


Pilgrim's Pride Corporation operates as a subsidiary of JBS S.A.

Market Data

Last Price 47.3
Change Percentage 0.87%
Open 47
Previous Close 46.89
Market Cap ( Millions) 11216
Volume 760889
Year High 55.5
Year Low 26.52
M A 50 48.27
M A 200 43.02

Financial Ratios

FCF Yield 13.29%
Dividend Yield 0.00%
ROE 26.72%
Debt / Equity 82.18%
Net Debt / EBIDTA 81.22%
Price To Book 2.67
Price Earnings Ratio 11.38
Price To FCF 7.52
Price To sales 0.62
EV / EBITDA 6.59

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Fresh Products

Expected Growth : 1.8 %

What the company do ?

Fresh Products from Pilgrim's Pride Corporation offers a range of fresh chicken and turkey products, including whole birds, parts, and value-added items.

Why we expect these perspectives ?

Pilgrim's Pride Corporation's Fresh Products segment growth of 1.8% is driven by increasing demand for protein-rich foods, strategic acquisitions, and expansion into new markets. Additionally, the company's focus on operational efficiency, cost savings, and investments in technology have contributed to the growth. Furthermore, the rising popularity of organic and premium products has also boosted sales.

Segment nΒ°2 -> Prepared Products

Expected Growth : 1.9 %

What the company do ?

Prepared Products from Pilgrim's Pride Corporation refers to a range of value-added chicken products, including breaded and frozen items, such as nuggets, strips, and patties.

Why we expect these perspectives ?

Pilgrim's Pride Corporation's Prepared Products segment growth of 1.9% is driven by increasing demand for convenient and protein-rich foods, strategic acquisitions, and expansion into new markets. Additionally, the company's focus on innovation, product diversification, and operational efficiencies have contributed to the growth.

Segment nΒ°3 -> Exports

Expected Growth : 2.1 %

What the company do ?

Pilgrim's Pride Corporation exports a significant amount of poultry products, including chicken, turkey, and beef, to over 100 countries worldwide.

Why we expect these perspectives ?

Pilgrim's Pride Corporation's 2.1% export growth is driven by increasing global demand for protein, particularly in Asia and Latin America. Strong operational efficiency, competitive pricing, and strategic partnerships also contribute to the growth. Furthermore, the company's diversified product portfolio, including chicken, beef, and pork, helps to mitigate risks and capitalize on market opportunities.

Segment nΒ°4 -> Other Products

Expected Growth : 1.7 %

What the company do ?

Pilgrim's Pride Corporation's other products include frozen meals, snacks, and specialty meat products, such as deli, bacon, and sausage.

Why we expect these perspectives ?

Pilgrim's Pride Corporation's 1.7% growth in Other Products is driven by increasing demand for value-added products, expansion into new markets, and strategic acquisitions. Additionally, the company's focus on innovation, quality, and customer satisfaction has led to market share gains and pricing power. Furthermore, cost savings initiatives and operational efficiencies have also contributed to the segment's growth.

Pilgrim'S Pride Corporation Products

Product Range What is it ?
Chicken Products Pilgrim's Pride Corporation offers a wide range of chicken products, including fresh and frozen whole birds, parts, and value-added products such as breaded and marinated chicken.
Prepared Foods The company's prepared foods segment includes a variety of products such as chicken nuggets, chicken strips, and other value-added products.
Export Products Pilgrim's Pride exports a range of chicken products to countries around the world, including whole birds, parts, and value-added products.
Feed and Ingredients The company's feed and ingredients segment includes a range of products such as poultry feed, pet food, and animal nutrition products.

Pilgrim's Pride Corporation's Porter Forces

Pilgrim's Pride Corporation faces moderate threat from substitutes, as consumers have limited alternatives to chicken products. However, the increasing popularity of plant-based meat alternatives and other protein sources poses a moderate threat to the company's market share.

Pilgrim's Pride Corporation has a diverse customer base, including retailers, distributors, and foodservice providers, which reduces the bargaining power of individual customers. Additionally, the company's strong brand recognition and product offerings limit the ability of customers to negotiate prices.

Pilgrim's Pride Corporation relies on a network of suppliers for feed, transportation, and other essential services. While the company has some bargaining power due to its scale, suppliers may still exert some pressure on prices and terms, particularly in times of high demand or supply chain disruptions.

The poultry industry has significant barriers to entry, including high capital requirements, complex regulatory compliance, and established relationships with suppliers and customers. These barriers limit the threat of new entrants and provide Pilgrim's Pride Corporation with a relatively stable market position.

The poultry industry is highly competitive, with several large players vying for market share. Pilgrim's Pride Corporation faces intense competition from rivals such as Tyson Foods, Sanderson Farms, and Perdue Farms, which can lead to pricing pressure and advertising wars.

Capital Structure

Value
Debt Weight 50.56%
Debt Cost 5.70%
Equity Weight 49.44%
Equity Cost 7.76%
WACC 6.72%
Leverage 102.27%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
CPB Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The …
CAG Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, …
POST Post Holdings, Inc. operates as a consumer packaged goods holding company in the United States and internationally. It operates through five segments: Post Consumer Brands, Weetabix, Foodservice, Refrigerated Retail, and …
FLO Flowers Foods, Inc. produces and markets packaged bakery products in the United States. It offers fresh breads, buns, rolls, snack cakes, and tortillas, as well as frozen breads and rolls …
CENT Central Garden & Pet Company produces and distributes various products for the lawn and garden, and pet supplies markets in the United States. It operates through two segments, Pet and …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
47.3$
Current Price
47.3$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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