The Kroger Co

FRA : KOG
USA·Consumer Defensive·Retail - Defensive·Ordinary Shares
€56.35
+1.06 (+2.18%)Oct 16 close
Market Cap
€34.60B
Enterprise Value
€53.06B
P/E (TTM)
34.41
P/B
5.57
Net Cash / (Debt)
−€17.18B
52-Week Range
€48 — €66
5-Year Range
€33 — €66
Avg Volume (3M)
538

Kroger operates about 2,700 grocery stores across the U.S. under banners like Kroger, Ralphs, Fred Meyer, and King Soopers. It sells food, household goods, pharmacy products, and fuel. Customers are everyday consumers shopping in-store or online. Revenue comes primarily from retail grocery sales, with smaller contributions from in-store pharmacies, fuel centers, and a growing advertising/data business that monetizes its shopper data with consumer brands.

Employees403,000IPOJan 12, 1951SIC5411HQ1014 Vine Street, Cincinnati, OH, USA, 45202-1100
to

Financials (EUR)

Profitability

Metric
Current
Margins
Gross Margin
23.2%
Operating Margin
1.3%
EBITDA Margin
3.9%
Net Margin
0.7%
OCF Margin
4.7%
FCF Margin
1.9%
Returns on Capital
ROE
14.0%
ROA
2.0%
ROIC
3.9%
ROCE
5.6%
ROC (Greenblatt)
6.1%
3Y ROIIC
340.8%
Consistency
Years Profitable / 10Y
10

Valuation

Metric
Current
Earnings Multiples
P/E (TTM)
34.41
Forward P/E
10.74
P/E ex-NRI
11.82
Shiller P/E (CAPE)
17.90
Cash Flow Multiples
P/FCF
13.16
P/OCF
5.38
P/Owner Earnings
56.79
FCF Yield
8.12%
Enterprise Value Multiples
EV / EBIT
29.27
EV / Forward EBIT
11.41
EV / EBITDA
9.75
EV / Forward EBITDA
6.94
EV / Revenue
0.38
EV / Forward Revenue
0.38
Asset / Sales
P/S
0.25
P/B
5.57
P/Tangible Book
12.05
Growth-Adjusted
PEG
7.39

Capital Returns

Metric
Current
Dividends
Dividend Yield (TTM)
2.50%
Forward Dividend Yield
2.50%
3Y Dividend Growth
12.5%
Payout Ratio
0.28
5Y Yield on Cost
5.03%
Buybacks & Dilution
3Y Buyback Ratio
4.90%
Combined
Shareholder Yield
10.24%

Balance Sheet

Metric
Current
Leverage
Debt / Equity
3.74
Gross Debt / EBITDA
4.19
Cash / Debt
0.17
Equity / Assets
0.13
Coverage
Interest Coverage
3.05
Short-Term Liquidity
Current Ratio
0.79
Quick Ratio
0.39
Cash Ratio
0.23
Composite Scores
Piotroski F-Score
6
Altman Z-Score
4.29

5-Step DuPont Analysis

ROE %
13.26%
Net Margin %
0.70%
Operating Margin %
1.32%
Operating Income
€1.68B
÷
Revenue
€127.16B
×
Tax Burden
0.8269
Net Income
€893M
÷
Pretax Income
€1.08B
×
Interest Burden
0.6432
Pretax Income
€1.08B
÷
Operating Income
€1.68B
×
Asset Turnover
2.81
Revenue
€127.16B
÷
Average Total Assets
€45.20B
Begin Total Assets
€47.39B
End Total Assets
€43.00B
×
Equity Multiplier
6.71
Avg Total Assets
€45.20B
÷
Avg Stockholders Equity
€6.73B
Begin Equity
€7.93B
End Equity
€5.53B