Darling Ingredients Inc. (DAR) vs Ingredion Incorporated (INGR)

Darling Ingredients Inc. and Ingredion Incorporated are both Packaged Foods companies. Darling Ingredients Inc. is the larger, with a market value of $8.0B against $6.1B — 1.3× the size. Darling Ingredients Inc. trades at the lower P/E: 9.5× against 10.4×. Darling Ingredients Inc. grew revenue faster over the last twelve months: 16.0% against −1.38%. Darling Ingredients Inc. has the higher net margin (12.5% vs 8.21%) and the lower return on invested capital (0.00% vs 10.0%). Across the 22 metrics below, Ingredion Incorporated leads on 13 and Darling Ingredients Inc. on 9.

Valuation

Metric DAR INGR Packaged Foods median
P/E 9.51 10.44 12.84
P/S 1.18 0.85 0.67
P/B 1.51 1.36 1.58
Price to free cash flow 8.90 12.75 8.97
EV/EBITDA 7.95 6.43 8.34
EV/Sales 1.74 0.97 0.97
Earnings yield 10.51% 9.58% 2.16%
Free cash flow yield 11.23% 7.85% 5.54%

Profitability

Metric DAR INGR Packaged Foods median
Gross margin 26.79% 23.73% 28.37%
Operating margin 17.90% 11.92% 2.53%
Net margin 12.48% 8.21% 0.53%
Free cash flow margin 0.00% 6.68% 2.31%
Return on equity 0.00% 13.54% 0.00%
Return on assets 0.00% 7.47% 0.00%
Return on invested capital 0.00% 10.04% 0.00%

Growth

Metric DAR INGR Packaged Foods median
Revenue growth (TTM) 15.95% (1.38%) 3.59%
EPS growth (last fiscal year) (77.46%) 15.14% 4.57%
Revenue growth, 5-year CAGR 11.43% 3.81% 3.81%
Net income growth, 5-year CAGR (26.70%) 15.94% 0.00%

Health

Metric DAR INGR Packaged Foods median
Debt to equity 0.74 0.39 0.18
Current ratio 1.56 2.80 1.84
Net debt to EBITDA 4.87 0.61 0.73

Dividend

Metric DAR INGR Packaged Foods median
Dividend yield — 3.39% 3.68%
Payout ratio — 0.36 0.62

Size

Metric DAR INGR Packaged Foods median
Market cap 8.00b 6.14b 268.23m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack