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Performance Food Group Company (PFGC)

NEUTRAL
Consumer DefensiveFood DistributionUnited States

Fundamental

61

मूल्य

$104.96

मार्केट कैप

$16.73B

भाग 1 · कंपनी का मूल्य कितना है

अवलोकन

Performance Food Group buys food and related products in bulk from manufacturers and resells them, delivered by truck, to restaurants, convenience stores and institutions across North America. It does not make the food it sells: its business is the logistics of buying, warehousing and distributing more than 300,000 products from over 150 distribution centers to more than 300,000 customer locations that would otherwise have to source from many separate suppliers.

यह पैसा कैसे कमाती है

Revenue comes from marking up products bought from suppliers and reselling them, mostly against individual purchase orders rather than long-term contracts. Because it only handles and moves goods rather than manufacturing them, margins are thin by nature, so profit depends on volume, purchasing scale and selling higher-margin private-label "Performance Brands" products rather than on pricing power over any single item.

सेगमेंट के अनुसार राजस्व

Foodservice53.4%

Delivery of food, equipment and supplies to independent and chain restaurants and other food-away-from-home outlets.

Convenience38.9%

Distribution of snacks, beverages, tobacco and other packaged goods to convenience stores and gas-station retailers.

Specialty7.8%

Distribution of candy, snacks and other specialty products to vending operators, theaters and other non-traditional channels.

प्रतिस्पर्धी बढ़त (Moat)

स्केल · संकीर्ण

The company points to economies of scale in purchasing and a nationwide network of over 150 distribution centers as its edge in a business it itself calls low-margin and intensely competitive. Most customers buy order-by-order with no exclusivity, so the advantage lies in buying and routing goods more cheaply than smaller regional rivals, not in locking customers in.

मांग को क्या चलाता है

चक्रीय

Demand tracks how often people eat away from home, which the company itself ties to consumer confidence and discretionary spending — both of which contract in a downturn. Foodservice volumes therefore move with the broader economy more than a typical grocery distributor, even though eating is a basic need.

प्रमुख जोखिम

  • Thin margins amplify swings — The company operates in what it calls a low-margin industry, so a small decline in sales or a small rise in costs can produce a disproportionately large swing in net income.
  • No exclusivity with customers — Many customers buy under individual purchase orders with no obligation to keep buying, so a competitor offering better pricing or service can take business away with little friction.
  • Reliance on third-party suppliers — The company depends on outside suppliers for the products it distributes, so labor shortages, weather, recalls or disease outbreaks upstream can interrupt supply or raise costs.
  • Significant debt load — Total indebtedness of about $6.8 billion constrains financial flexibility and increases exposure to interest-rate movements on variable-rate borrowings.
  • Sensitivity to consumer spending — Unfavorable economic conditions, inflation or tariffs can reduce consumer confidence and discretionary spending, directly lowering demand for food-away-from-home.

ग्राहक Concentration

The company states that no single customer accounted for more than 10% of consolidated net sales in fiscal 2025, 2024 or 2023, without disclosing an exact figure for the largest one.

खरीदने के पक्ष में तर्क

Buyers argue that a nationwide distribution network built through years of acquisitions gives the company purchasing scale that smaller regional distributors cannot match, and that growing the mix of higher-margin independent restaurant and private-label sales can lift profitability even in a structurally thin-margin industry.

बेचने के पक्ष में तर्क

Sellers fear that a low-margin, largely order-by-order business tied to discretionary restaurant spending leaves little cushion in a downturn, and that nearly $6.8 billion of debt limits room to maneuver if sales volumes or interest rates move against the company.

Written by the editors, published on 18 अगस्त 2026

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Who this company fights with for the same customers

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बैलेंस शीट और तरलता

राजस्व

$67.84B

पिछले 12 महीने (27/6/2026 तक)

शुद्ध आय

$359M

पिछले 12 महीने (27/6/2026 तक)

Free Cash Flow

$1.03B

कुल इक्विटी

$4.90B

कुल देनदारियाँ

$13.95B

Current Ratio

1.51

Interest Coverage

2.15

Debt/EBITDA

4.57

Earnings Per Share

राजस्व और शुद्ध आय

Free Cash Flow

आय विवरण

ऐतिहासिक विवरण

समय के साथ मार्जिन

समय के साथ ऋण

ऋण कितना भारी है

वृद्धि तालिका

वृद्धि — राजस्व

Fair Value अनुमान

उचित मूल्यांकित

Fair Value

$105.92

वर्तमान मूल्य

$104.96

Margin of Safety

+0.9%

Fair Value सीमा

$68.85 - $142.99

अनुमान विधियाँ

Analyst Target:$123.62
DCF:$132.77
PE-based:$42.31
Graham Growth:$37.28
EPV:$44.85
विश्लेषक सहमति:दृढ़ खरीदें (19B / 2H / 0S)
अंतिम Earnings सरप्राइज़:-2.68%

मूल्यांकन मेट्रिक्स

P/E Ratio

46.19

ROE

7.3%

P/B Ratio

3.40

P/FCF

16.18

Gross Margin

11.9%

ROIC

5.1%

लाभप्रदता Radar

Value Creation (Economic Moat)

ROIC

5.1%

WACC

7.7%

ROIC − WACC

-2.6 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

Fundamental विश्लेषण मानदंड

पास (16)

  • EPS shows upward trend
  • EPS CAGR 23.61%
  • Price CAGR 15.90%
  • ROIC 5.1%
  • P/FCF 16.18
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • Revenue Growth 5Y 20.3%
  • Analyst Consensus 90% Buy
  • Earnings Quality (OCF/NI) 3.93
  • Share Dilution 0.5%
  • Piotroski F-Score 8/9

फेल (10)

  • Gross Margin 11.9%
  • P/B Ratio 3.40
  • Operating Margin 1.3%
  • CapEx intensity
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • ROE 7.1%
  • Earnings Surprise avg -4.6%
  • Net Margin Trend 0.5% vs 0.5%

अनुपलब्ध (2)

  • Dividend Payout NaN%
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-Score

8/9

मजबूत वित्तीय स्वास्थ्य

score
criteria

Earnings गुणवत्ता

3.93

उच्च गुणवत्ता: earnings नकदी द्वारा समर्थित

शेयर Dilution

0.5%

शेयर संख्या स्थिर है

प्रशासन

कार्यकारी टीम

नामपदआयु
Mr. George L. HolmExecutive Chair70
Mr. Scott E. McPhersonCEO, President & Director55
Mr. H. Patrick HatcherExecutive VP & CFO55
Mr. Allen Brent King J.D.Executive VP, General Counsel & Secretary56
Ms. Chasity GroshSenior VP & Chief Accounting Officer47
Mr. Donald S. BulmerExecutive VP & Chief Information Officer60
Mr. Bill Marshall C.F.A.Senior Vice President of Investor Relations-
Mr. Scott GoldenDirector of Communications & Engagement-
Ms. Erika T. Davis CCPExecutive VP & Chief Human Resources Officer61
Mr. George HearnSenior VP & CFO of Performance Foodservice-

Audit जोखिम

5

बोर्ड जोखिम

4

मुआवजा जोखिम

1

शेयरधारक अधिकार जोखिम

1

भाग 2 · कीमत और खरीदने का समय

यह हिस्सा यह नहीं बताता कि कंपनी अच्छी है या नहीं: यह तय करने में मदद करता है कि उसे कब खरीदें, जब फंडामेंटल आपको आश्वस्त कर चुके हों। इसमें: तकनीकी विश्लेषण, संभावना, ऐतिहासिक गिरावट, गामा एक्सपोज़र।

Latest News

Recent headlines for PFGC, sourced from Markets Gazette.

No recent news for PFGC.
Disclaimer

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