Hormel Foods Corp. (HRL)

Index:

S&P 500

$ 30.04
   
  • Change Today:
    $-0.70
  • 52 Week High: $36.77
  • 52 Week Low: $28.29
  • Currency: US Dollars
  • Shares Issued: 548.00m
  • Volume: 4,345,265
  • Market Cap: $16,462m
  • RiskGrade: 135

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 27-Oct-24 29-Oct-23 30-Oct-22 31-Oct-21 25-Oct-20
Continuing Operations          
Revenue 11,920.80 12,110.01 12,458.81 11,386.19 9,608.46
Operating Profit/(Loss) 1,067.93 1,072.05 1,312.61 1,122.60 1,100.22
Profit Before Tax 1,035.43 1,013.47 1,278.10 1,126.17 1,114.75
Profit After Tax 804.63 792.92 1,000.23 909.14 908.35
           
Earnings per Share - Basic 147.00¢ 145.00¢ 184.00¢ 168.00¢ 169.00¢
Earnings per Share - Adjusted 147.00¢ 145.00¢ 184.00¢ 168.00¢ 169.00¢
           
Dividend per Share 113.00¢ 110.00¢ 104.00¢ 98.00¢ 93.00¢
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 27-Oct-24 29-Oct-23 30-Oct-22 31-Oct-21 25-Oct-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 2,194.73 2,165.82 2,141.15 2,109.12 1,898.22
Intangible Assets 6,656.19 6,685.63 6,728.86 6,751.38 3,689.01
Other Non-Current Assets 1,337.33 1,300.07 799.79 888.01 741.99
  10,188.25 10,151.52 9,669.79 9,748.51 6,329.22
Current Assets          
Inventories 1,576.30 1,680.41 1,716.06 1,369.20 1,072.76
Cash at Bank & in Hand 741.88 736.53 982.11 613.53 1,714.31
Other Current Assets 928.29 880.31 938.96 965.09 791.99
  3,246.48 3,297.25 3,637.13 2,947.82 3,579.06
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 13,434.73 13,448.77 13,306.92 12,696.33 9,908.28
Current Liabilities          
Borrowings 7.81 950.53 8.80 8.76 258.69
Other Current Liabilities 1,391.49 1,361.25 1,464.47 1,406.89 1,245.27
           
Current Liabilities 1,399.30 2,311.78 1,473.27 1,415.65 1,503.97
           
Net Current Assets c1,847.18 c313.07 c2,163.86 c1,532.16 c2,075.10
           
Borrowings 2,850.94 2,358.72 3,290.55 3,315.15 1,044.94
Other Non-Current Liabilities 1,180.48 1,039.29 1,002.88 987.17 929.06
Non-Current Liabilities 4,031.42 3,398.01 4,293.43 4,302.32 1,973.99
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 5,430.72 5,709.79 5,766.70 5,717.97 3,477.96
           
Net Assets 8,004.01 7,738.99 7,540.22 6,978.36 6,430.33
           
Shareholders Funds 7,993.42 7,734.88 7,535.28 6,972.88 6,425.55
           
Minority Interests/Other Equity 10.59 4.10 4.94 5.48 4.78
Total Equity 8,004.01 7,738.99 7,540.22 6,978.36 6,430.33
Cash Flow 27-Oct-24 29-Oct-23 30-Oct-22 31-Oct-21 25-Oct-20
Net Cash Flow From Operating Activities 1,266.74 1,047.85 1,134.98 1,001.93 1,128.02
Net Cash Flow from Investing Activities (236.91) (689.54) (258.04) (3,625.84) (656.32)
Net Cash Flow from Financing Activities (1,024.48) (603.88) (508.36) (1,523.13) 569.70
Net Increase/Decrease In Cash 5.35 (245.57) 368.58 (4,147.04) 1,041.41
Ratios - based on IFRS 27-Oct-24 29-Oct-23 30-Oct-22 31-Oct-21 25-Oct-20
Continuing Operations          
PE Ratio - Adjusted 21.1 21.6 25.5 25.2 29.4
PEG - Adjusted 21.1 n/a 2.6 n/a n/a
Earnings per Share Growth - Adjusted 1% -21% 10% -1% -8%
Dividend Cover 1.30 1.32 1.77 1.71 1.82
Revenue per Share 2,175.33¢ 2,209.86¢ 2,273.51¢ 20.98¢ 1,753.37¢
Pre-Tax Profit per Share 188.95¢ 184.94¢ 233.23¢ 2.08¢ 203.42¢
Operating Margin 8.96% 8.85% 10.54% 9.86% 11.45%
Return on Capital Employed 24.61% 23.23% 31.09% 0.32% 27.56%
           
Dividend Yield 3.6% 3.5% 2.2% 2.3% 1.9%
Dividend per Share Growth 2.73% 5.77% 6.12% 5.38% 10.71%
Operating Cash Flow per Share 231.16¢ 191.21¢ 207.11¢ 182.83¢ 205.84¢
Cash Incr/Decr per Share 0.98¢ (44.81¢) 67.26¢ (7.64¢) 190.04¢
Net Asset Value per Share (exc. Intangibles) 245.95¢ 192.22¢ 148.06¢ 41.42¢ 500.24¢
Net Gearing 26.48% 33.26% 30.75% 38.87% -6.39%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

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