Flowers Foods, Inc. (FLO) vs Seneca Foods Corp. (SENEA)

Flowers Foods, Inc. and Seneca Foods Corp. are both Packaged Foods companies. Flowers Foods, Inc. and Seneca Foods Corp. are of similar size ($1.3B and $1.2B). Seneca Foods Corp. trades at the lower P/E: 10.4× against 22.1×. Seneca Foods Corp. grew revenue faster over the last twelve months: 12.5% against 2.46%. Seneca Foods Corp. has the higher net margin (6.74% vs 1.06%) and the higher return on invested capital (10.3% vs 3.03%). Across the 22 metrics below, Seneca Foods Corp. leads on 15 and Flowers Foods, Inc. on 7.

Valuation

Metric FLO SENEA Packaged Foods median
P/E 22.08 10.44 12.69
P/S 0.23 0.70 0.61
P/B 0.92 1.60 1.47
Price to free cash flow 4.11 5.36 8.50
EV/EBITDA 9.30 7.06 8.20
EV/Sales 0.55 0.78 0.85
Earnings yield 4.53% 9.58% 0.00%
Free cash flow yield 24.35% 18.67% 6.05%

Profitability

Metric FLO SENEA Packaged Foods median
Gross margin 48.63% 13.42% 27.54%
Operating margin 2.74% 8.57% 0.00%
Net margin 1.06% 6.74% 0.00%
Free cash flow margin 5.87% 13.06% 2.56%
Return on equity 4.01% 16.81% 0.00%
Return on assets 1.29% 9.84% 0.00%
Return on invested capital 3.03% 10.34% 0.00%

Growth

Metric FLO SENEA Packaged Foods median
Revenue growth (TTM) 2.46% 12.46% 5.69%
EPS growth (last fiscal year) (65.81%) 181.19% —
Revenue growth, 5-year CAGR 3.68% 2.49% 3.81%
Net income growth, 5-year CAGR (11.26%) (1.83%) 0.00%

Health

Metric FLO SENEA Packaged Foods median
Debt to equity 1.27 0.29 0.26
Current ratio 0.77 3.77 1.64
Net debt to EBITDA 5.11 1.21 0.87

Dividend

Metric FLO SENEA Packaged Foods median
Dividend yield 3.99% — 3.21%
Payout ratio 0.85 0.00 0.00

Size

Metric FLO SENEA Packaged Foods median
Market cap 1.24b 1.25b 245.45m

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