Kroger Company (The)
Find Ratings ReportsKROGER CO's gross profit margin for the fourth quarter of its fiscal year 2023 is essentially unchanged when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its subsector this quarter as compared to the same quarter a year ago. KROGER CO has very weak liquidity. Currently, the Quick Ratio is 0.33 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year, indicating improving cash flow.
During the same period, stockholders' equity ("net worth") has increased by 15.52% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
Income Statement | Q4 FY23 | Q4 FY22 |
---|---|---|
Net Sales ($mil) | 37064.0 | 34822.0 |
EBITDA ($mil) | 2061.0 | 1723.0 |
EBIT ($mil) | 1332.0 | 1017.0 |
Net Income ($mil) | 736.0 | 451.0 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 3117.0 | 2142.0 |
Total Assets ($mil) | 50523.0 | 49623.0 |
Total Debt ($mil) | 19247.0 | 20412.0 |
Equity ($mil) | 11601.0 | 10042.0 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 22.72 | 21.76 |
EBITDA Margin | 5.56 | 4.94 |
Operating Margin | 3.59 | 2.92 |
Sales Turnover | 2.97 | 2.99 |
Return on Assets | 4.28 | 4.52 |
Return on Equity | 18.65 | 22.35 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 0.81 | 0.74 |
Debt/Capital | 0.62 | 0.67 |
Interest Expense | 100.0 | 113.0 |
Interest Coverage | 13.32 | 9.0 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 720.0 | 716.0 |
Div / share | 0.29 | 0.26 |
EPS | 1.01 | 0.62 |
Book value / share | 16.11 | 14.03 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 5140904.0 | 4690872.0 |
BUY. This stock's P/E ratio indicates a premium compared to an average of 18.22 for the Food and Beverage Retailers subsector and a discount compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 3.45 indicates a discount versus the S&P 500 average of 4.68 and a discount versus the subsector average of 3.62. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
KR 18.75 | Peers 18.22 | KR 5.89 | Peers 7.80 | |||||||||||||||||||||
Average. An average P/E ratio can signify an subsector neutral price for a stock and an average growth expectation. KR is trading at a valuation on par with its peers. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. KR is trading at a discount to its peers. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
KR 12.07 | Peers 15.83 | KR 0.38 | Peers 0.47 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. KR is trading at a discount to its peers. |
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. KR trades at a discount to its peers. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
KR 3.45 | Peers 3.62 | KR -3.59 | Peers -4.31 | |||||||||||||||||||||
Average. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. KR is trading at a valuation on par with its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, KR is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
KR 0.27 | Peers 1.07 | KR 1.20 | Peers 4.71 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. KR is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. KR significantly trails its peers on the basis of sales growth. |
|||||||||||||||||||||||