Dole PLC (DOLE) vs Limoneira Co (LMNR)

Dole PLC and Limoneira Co are both Farm Products companies. Dole PLC is the larger, with a market value of $1.2B against $217.0M — 5.6× the size. Limoneira Co has negative trailing earnings, so its P/E is not meaningful; Dole PLC trades at 20.9×. Dole PLC grew revenue faster over the last twelve months: 8.32% against −19.9%. Dole PLC has the higher net margin (0.63% vs −33.2%) and the higher return on invested capital (4.77% vs −11.1%). Both pay a dividend; Dole PLC yields more (2.97% vs 1.69%). Across the 20 metrics below, Dole PLC leads on 16 and Limoneira Co on 4.

Valuation

Metric DOLE LMNR Farm Products median
P/E 20.94 n/m 21.24
P/S 0.13 1.64 0.50
P/B 0.86 1.41 1.20
Price to free cash flow 13.08 n/m 13.98
EV/EBITDA 6.95 n/m 8.14
EV/Sales 0.20 2.41 0.58
Earnings yield 4.78% (20.29%) 0.56%
Free cash flow yield 7.65% (11.69%) (3.01%)

Profitability

Metric DOLE LMNR Farm Products median
Gross margin 7.32% (5.09%) 6.87%
Operating margin 1.70% (33.73%) 0.11%
Net margin 0.63% (33.23%) 0.63%
Free cash flow margin 0.99% (19.21%) 0.00%
Return on equity 4.09% (25.87%) 1.52%
Return on assets 1.30% (14.28%) 0.02%
Return on invested capital 4.77% (11.11%) 0.00%

Growth

Metric DOLE LMNR Farm Products median
Revenue growth (TTM) 8.32% (19.91%) 7.27%
EPS growth (last fiscal year) (59.85%) (332.50%) —
Revenue growth, 5-year CAGR 16.11% (0.59%) 8.40%
Net income growth, 5-year CAGR (0.45%) 0.00% 0.00%

Health

Metric DOLE LMNR Farm Products median
Debt to equity 0.68 0.63 0.24
Current ratio 1.28 1.51 1.43
Net debt to EBITDA 1.57 (8.51) (0.04)

Dividend

Metric DOLE LMNR Farm Products median
Dividend yield 2.97% 1.69% 3.06%
Payout ratio 0.33 0.56 0.17

Size

Metric DOLE LMNR Farm Products median
Market cap 1.22b 217.04m 293.80m

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