Intrinsic value of The Kroger Co. (KR)

Previos Close

$32.43

STOCK VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate, %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Revenue / Adjusted assets

Based on fiscal year data as of 2020-01-31 and quarterly data as of 2020-07-31.

NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.

Premium membership allows you to recalculate the intrinsic value for different input parameters.

MEMBERSHIP

  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

COMPANY DESCRIPTION: The Kroger Co. operates as a retailer in the United States. The company operates supermarkets, multi-department stores, marketplace stores, and price impact warehouse stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys. The company's marketplace stores offer full-service grocery, pharmacy, health and beauty care departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys; and price impact warehouse stores provides grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. It also manufactures and processes food products for sale in its supermarkets; and sells fuel through 1,567 fuel centers. As of March 25, 2020, the company operated 2,757 retail food stores under various banner names in 35 states and the District of Columbia, as well as an online retail store. The Kroger Co. has a strategic partnership with Ocado Solutions to construct three new customer fulfillment centers in the Great Lakes, Pacific Northwest, and West regions. The company was founded in 1883 and is based in Cincinnati, Ohio.

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %0.4NaN
Revenue, $122286NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m120035NaN
Operating income, $m2251NaN
EBITDA, $m5540NaN
Interest expense (income), $mNaN
Earnings before tax, $m2128NaN
Tax expense, $m469NaN
Net income, $m1659NaN

BALANCE SHEET

Cash and short-term investments, $m1578NaN
Total assets, $m45256NaN
Adjusted assets (=assets-cash), $m43678NaN
Average production assets, $m25997NaN
Working capital, $m-3353NaN
Total debt, $m14076NaN
Total liabilities, $m36683NaN
Total equity, $m8573NaN
Debt-to-equity ratio1.642NaN
Adjusted equity ratio0.205NaN

CASH FLOW

Net income, $m1659NaN
Depreciation, amort., depletion, $m3289NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m4664NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-2855NaN
Cash from investing activities, $mNaN
Free cash flow, $m7519NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow (-), $mNaN
Cash flow adjustment, $mNaN
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN