The Kroger Co

LTS : 0JS2
USA·Consumer Defensive·Retail - Defensive·Ordinary Shares
$63.42
+0.88 (+1.24%)Oct 16 close
Market Cap
$40.13B
Enterprise Value
$60.26B
P/E (TTM)
68.62
P/B
6.75
Net Cash / (Debt)
−$20.10B
52-Week Range
$56 — $75
5-Year Range
$39 — $75
Avg Volume (3M)
1.96K

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.

Employees409,000IPOJan 18, 2018SIC5411HQ1014 Vine Street, Cincinnati, OH, USA, 45202
to

Financials

Profitability

Metric
Current
Margins
Gross Margin
23.2%
Operating Margin
1.1%
EBITDA Margin
3.7%
Net Margin
0.5%
OCF Margin
—
FCF Margin
2.3%
Returns on Capital
ROE
8.4%
ROA
1.4%
ROIC
3.6%
ROCE
3.8%
ROC (Greenblatt)
4.6%
3Y ROIIC
−9.9%
Consistency
Years Profitable / 10Y
10

Valuation

Metric
Current
Earnings Multiples
P/E (TTM)
68.62
Forward P/E
13.66
P/E ex-NRI
15.70
Shiller P/E (CAPE)
24.02
Cash Flow Multiples
P/FCF
21.93
P/OCF
8.19
P/Owner Earnings
—
FCF Yield
4.84%
Enterprise Value Multiples
EV / EBIT
45.72
EV / Forward EBIT
13.67
EV / EBITDA
12.35
EV / Forward EBITDA
8.13
EV / Revenue
0.46
EV / Forward Revenue
0.44
Asset / Sales
P/S
0.34
P/B
6.75
P/Tangible Book
13.56
Growth-Adjusted
PEG
2.45

Capital Returns

Metric
Current
Dividends
Dividend Yield (TTM)
1.90%
Forward Dividend Yield
1.94%
3Y Dividend Growth
16.1%
Payout Ratio
0.28
5Y Yield on Cost
3.97%
Buybacks & Dilution
3Y Buyback Ratio
3.20%
Combined
Shareholder Yield
7.27%

Balance Sheet

Metric
Current
Leverage
Debt / Equity
3.58
Gross Debt / EBITDA
4.64
Cash / Debt
0.20
Equity / Assets
0.14
Coverage
Interest Coverage
2.41
Short-Term Liquidity
Current Ratio
0.88
Quick Ratio
0.45
Cash Ratio
0.28
Composite Scores
Piotroski F-Score
6
Altman Z-Score
4.31

5-Step DuPont Analysis

ROE %
14.29%
Net Margin %
0.69%
Operating Margin %
1.28%
Operating Income
$1.89B
÷
Revenue
$147.64B
×
Tax Burden
0.8460
Net Income
$1.02B
÷
Pretax Income
$1.20B
×
Interest Burden
0.6354
Pretax Income
$1.20B
÷
Operating Income
$1.89B
×
Asset Turnover
2.88
Revenue
$147.64B
÷
Average Total Assets
$51.28B
Begin Total Assets
$52.62B
End Total Assets
$49.94B
×
Equity Multiplier
7.21
Avg Total Assets
$51.28B
÷
Avg Stockholders Equity
$7.11B
Begin Equity
$8.29B
End Equity
$5.94B