Vital Farms Inc.
Find Ratings ReportsVITAL FARMS INC's gross profit margin for the fourth quarter of its fiscal year 2023 has increased 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. VITAL FARMS INC is extremely liquid. Currently, the Quick Ratio is 2.40 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year.
During the same period, stockholders' equity ("net worth") has increased by 21.69% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties 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 ($mil) | 135.81 | 110.08 |
EBITDA ($mil) | 11.42 | 5.09 |
EBIT ($mil) | 9.09 | 3.45 |
Net Income ($mil) | 7.21 | 1.87 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 116.82 | 78.73 |
Total Assets ($mil) | 275.18 | 214.67 |
Total Debt ($mil) | 22.56 | 10.69 |
Equity ($mil) | 192.68 | 158.33 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 34.99 | 31.76 |
EBITDA Margin | 8.4 | 4.62 |
Operating Margin | 6.69 | 3.13 |
Sales Turnover | 1.71 | 1.69 |
Return on Assets | 9.29 | 0.58 |
Return on Equity | 13.27 | 0.79 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 3.0 | 3.14 |
Debt/Capital | 0.1 | 0.06 |
Interest Expense | 0.27 | 0.09 |
Interest Coverage | 33.79 | 39.6 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 41.69 | 40.75 |
Div / share | 0.0 | 0.0 |
EPS | 0.17 | 0.05 |
Book value / share | 4.62 | 3.89 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 293026.0 | 272361.0 |
BUY. VITAL FARMS INC's P/E ratio indicates a significant premium compared to an average of 18.97 for the Food Manufacturing subsector and a significant premium compared to the S&P 500 average of 27.95. Conducting a second comparison, its price-to-book ratio of 4.84 indicates valuation on par with the S&P 500 average of 4.68 and a significant premium when compared to the subsector average of 3.25. The current price-to-sales ratio is well below the S&P 500 average, but above the subsector average. Upon assessment of these and other key valuation criteria, VITAL FARMS INC proves to trade at a premium to investment alternatives.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
VITL 38.59 | Peers 18.97 | VITL 18.33 | Peers 15.53 | |||||||||||||||||||||
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. VITL is trading at a significant premium to its peers. |
Premium. 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. VITL is trading at a premium to its peers. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
VITL 24.73 | Peers 17.86 | VITL 1.75 | Peers 2.46 | |||||||||||||||||||||
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations. VITL is trading at a significant premium 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. VITL trades at a significant discount to its peers. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
VITL 4.84 | Peers 3.25 | VITL 1833.33 | Peers 9.57 | |||||||||||||||||||||
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. VITL is trading at a significant premium to its peers. |
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. VITL is expected to have an earnings growth rate that significantly exceeds its peers. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
VITL 1.98 | Peers 1.95 | VITL 30.27 | Peers 5.94 | |||||||||||||||||||||
Average. 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. VITL is trading at a valuation on par with its subsector on this measurement. |
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share. VITL has a sales growth rate that significantly exceeds its peers. |
|||||||||||||||||||||||