NYSE · Food and Kindred Products
Quote as of Oct 9, 2:31 PM ET · delayed
Undervalued. Our fair value estimate is USD 15.95 against a price of USD 13.46, +19% implied upside. Reasoning and scenarios are in Conagra Brands stock: earnings rise as grocery volumes retreat.
Conagra Brands declared USD 1.40 per share in dividends in FY2026, unchanged from FY2025. At USD 13.46 that is a 10.41% trailing yield.
Conagra Brands stock is cheaper after a steep decline, but its latest quarter paired higher EPS with falling sales and weaker margins. The guidance is intact; the recovery in customer volumes is not yet visible.
StockLarge CapConsumerNo earnings notes for this company yet.
Revenue (USD, billions)
Margins (%)
Free cash flow (USD, billions)
Estimated ROIC (%)
Net debt (USD, billions)
Monetary values are in USD; revenue, FCF and net debt are in billions; EPS is per share. Missing values appear as gaps and “Not available.” Source: SEC EDGAR XBRL filings, latest restated values; quarterly cash flow derived from year-to-date figures; Q4 = fiscal year minus nine months. ROIC is NOPAT (21% tax) over debt plus equity.
| Period | Revenue | Gross % | Op % | FCF | EPS | ROIC % | Net debt |
|---|---|---|---|---|---|---|---|
| FY2017 | 7.83 | Not available | 15.8 | 0.93 | 1.46 | 14.1 | 2.72 |
| FY2018 | 7.94 | Not available | 17.8 | 0.70 | 1.98 | 15.5 | 3.41 |
| FY2019 | 9.54 | Not available | 17.2 | 0.77 | 1.52 | 7.18 | 10.4 |
| FY2020 | 11.1 | Not available | 16.4 | 1.47 | 1.72 | 8.14 | 9.20 |
| FY2021 | 11.2 | Not available | 19.1 | 0.96 | 2.66 | 10.0 | 8.22 |
| FY2022 | 11.5 | Not available | 13.8 | 0.71 | 1.84 | 7.13 | 8.72 |
| FY2023 | 12.3 | 26.6 | 8.76 | 0.63 | 1.42 | 4.90 | 8.51 |
| FY2024 | 12.1 | 27.7 | 7.08 | 1.63 | 0.72 | 4.22 | 7.43 |
| FY2025 | 11.6 | 25.9 | 11.8 | 1.30 | 2.40 | 6.66 | 7.19 |
| FY2026 | 11.3 | 23.9 | -14.4 | 0.98 | -4.00 | Not available | 7.01 |
Current price
USD 13.46
Fair value estimate
USD 15.95
Implied upside
+18.5%
Bear
25%USD 13
Direct equity valuation using assumed fiscal 2027 adjusted EPS multiplied by an assumed price-to-earnings multiple.
Weak volume and margin pressure persist, and the market assigns a lower multiple to guided adjusted earnings. This scenario does not assume additional EPS deterioration beyond the selected multiple.
Base
50%USD 16
Direct equity valuation using assumed fiscal 2027 adjusted EPS multiplied by an assumed price-to-earnings multiple.
The company delivers the midpoint of its adjusted EPS guide, while its volume, margin and leverage challenges justify a restrained multiple. This is a preliminary estimate, not a conclusion that the underlying recovery is established.
Bull
25%USD 19
Direct equity valuation using assumed fiscal 2027 adjusted EPS multiplied by an assumed price-to-earnings multiple.
The company delivers its adjusted EPS midpoint and earns a higher multiple as the market gives more credit to the brand portfolio and cash-generation prospects. The multiple expansion is an assumption, not a reported development.
No news items logged for this company yet.