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Last update at 2024-09-11T00:10:00Z
BlackRock Inc. Expands Stake in Ingredion Inc.
Thu 12 Sep 24, 05:25 AMAre Investors Undervaluing Ingredion (INGR) Right Now?
Wed 11 Sep 24, 01:40 PM4 Low-Beta Stocks With Upside to Counter a Volatile September
Mon 09 Sep 24, 06:45 PMIs There An Opportunity With Ingredion Incorporated's (NYSE:INGR) 50% Undervaluation?
Mon 09 Sep 24, 01:21 PM5 Low-Leverage Stocks to Buy Following Dismal Job Data Release
Mon 09 Sep 24, 12:48 PMZacks Industry Outlook Highlights The Kraft Heinz, McCormick, Ingredion and Flowers Foods
Thu 05 Sep 24, 11:52 AM4 Food Stocks Positioned for Success as Industry Prospects Shine
Wed 04 Sep 24, 01:23 PMIngredion Incorporated Declares Quarterly Dividend of $0.80 per Share
Tue 27 Aug 24, 08:05 PMIs Ingredion (INGR) Stock Outpacing Its Consumer Staples Peers This Year?
Tue 27 Aug 24, 01:40 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 668.00M | 248.00M | 506.00M | 582.00M | 621.00M |
Minority interest | -10.00000M | -8.00000M | 6.00M | 11.00M | 11.00M |
Net income | 492.00M | 117.00M | 348.00M | 413.00M | 443.00M |
Selling general administrative | - | - | - | 611.00M | 607.00M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 1494.00M | 1331.00M | 1272.00M | 1312.00M | 1368.00M |
Reconciled depreciation | 215.00M | 220.00M | 213.00M | 220.00M | 247.00M |
Ebit | 762.00M | 709.00M | 582.00M | 664.00M | 771.00M |
Ebitda | 986.00M | 929.00M | 893.00M | 940.00M | 1018.00M |
Depreciation and amortization | 224.00M | 220.00M | 311.00M | 276.00M | 247.00M |
Non operating income net other | 5.00M | 12.00M | 5.00M | -1.00000M | 4.00M |
Operating income | 762.00M | 709.00M | 582.00M | 664.00M | 703.00M |
Other operating expenses | 7180.00M | 6197.00M | 5343.00M | 5488.00M | 5522.00M |
Interest expense | 99.00M | 74.00M | 81.00M | 81.00M | 86.00M |
Tax provision | 166.00M | 123.00M | 152.00M | 158.00M | 167.00M |
Interest income | - | - | 6.00M | 7.00M | 9.00M |
Net interest income | -99.00000M | -74.00000M | -81.00000M | -77.00000M | -72.00000M |
Extraordinary items | - | - | - | - | -3.00000M |
Non recurring | 4.00M | 387.00M | 93.00M | 57.00M | 64.00M |
Other items | - | - | - | - | - |
Income tax expense | 166.00M | 123.00M | 152.00M | 158.00M | 167.00M |
Total revenue | 7946.00M | 6894.00M | 5987.00M | 6209.00M | 6289.00M |
Total operating expenses | 728.00M | 634.00M | 628.00M | 591.00M | 601.00M |
Cost of revenue | 6452.00M | 5563.00M | 4715.00M | 4897.00M | 4921.00M |
Total other income expense net | -94.00000M | -461.00000M | -76.00000M | -82.00000M | -60.00000M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 502.00M | 125.00M | 354.00M | 424.00M | 454.00M |
Net income applicable to common shares | 492.00M | 117.00M | 348.00M | 413.00M | 443.00M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 7561.00M | 6999.00M | 6858.00M | 6040.00M | 5728.00M |
Intangible assets | 401.00M | 1348.00M | 444.00M | 437.00M | 460.00M |
Earning assets | - | - | - | - | - |
Other current assets | 62.00M | 63.00M | 54.00M | 54.00M | 29.00M |
Total liab | 4299.00M | 3774.00M | 3786.00M | 3299.00M | 3320.00M |
Total stockholder equity | 3195.00M | 3136.00M | 2981.00M | 2720.00M | 2388.00M |
Deferred long term liab | - | - | 217.00M | 195.00M | 189.00M |
Other current liab | 466.00M | 430.00M | 421.00M | 381.00M | 325.00M |
Common stock | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M |
Capital stock | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M |
Retained earnings | 4210.00M | 3899.00M | 3957.00M | 3780.00M | 3536.00M |
Other liab | 379.00M | 560.00M | 474.00M | 446.00M | 443.00M |
Good will | 900.00M | 914.00M | 902.00M | 801.00M | 791.00M |
Other assets | 544.00M | 531.00M | 410.00M | 184.00M | 141.00M |
Cash | 236.00M | 328.00M | 665.00M | 264.00M | 327.00M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 1882.00M | 1512.00M | 1078.00M | 967.00M | 946.00M |
Current deferred revenue | - | - | 23.00M | - | - |
Net debt | 2247.00M | 1718.00M | 1657.00M | 1704.00M | 1773.00M |
Short term debt | 543.00M | 308.00M | 58.00M | 82.00M | 169.00M |
Short long term debt | 543.00M | 308.00M | 58.00M | 82.00M | 169.00M |
Short long term debt total | 2483.00M | 2046.00M | 2322.00M | 1968.00M | 2100.00M |
Other stockholder equity | 32.00M | 133.00M | 156.00M | 97.00M | 5.00M |
Property plant equipment | 2407.00M | 2423.00M | 2455.00M | 2306.00M | 2198.00M |
Total current assets | 3309.00M | 2697.00M | 2647.00M | 2160.00M | 2138.00M |
Long term investments | - | - | - | 1.00M | 2.00M |
Net tangible assets | 1945.00M | 1752.00M | 1705.00M | 1633.00M | 1174.00M |
Short term investments | 3.00M | 4.00M | 0.00000M | 4.00M | 7.00M |
Net receivables | 1411.00M | 1130.00M | 1011.00M | 977.00M | 951.00M |
Long term debt | 1940.00M | 1738.00M | 1748.00M | 1766.00M | 1931.00M |
Inventory | 1597.00M | 1172.00M | 917.00M | 861.00M | 824.00M |
Accounts payable | 873.00M | 774.00M | 599.00M | 504.00M | 452.00M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | 16.00M | 18.00M | 21.00M | 21.00M | 20.00M |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -1048.00000M | -897.00000M | -1133.00000M | -1158.00000M | -1154.00000M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | 4210.00M | 3899.00M | 3957.00M | 3780.00M | 3536.00M |
Treasury stock | - | - | - | -1040.00000M | -1091.00000M |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 544.00M | 531.00M | 214.00M | 172.00M | 131.00M |
Deferred long term asset charges | - | - | - | - | 10.00M |
Non current assets total | 4252.00M | 4302.00M | 4211.00M | 3880.00M | 3590.00M |
Capital lease obligations | 194.00M | 201.00M | 136.00M | 161.00M | - |
Long term debt total | 1940.00M | 1738.00M | 1748.00M | 1766.00M | 1931.00M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -320.00000M | -335.00000M | -2.00000M | -7.00000M | -14.00000M |
Change to liabilities | 158.00M | 226.00M | 124.00M | 51.00M | -3.00000M |
Total cashflows from investing activities | -320.00000M | -335.00000M | -571.00000M | -374.00000M | -361.00000M |
Net borrowings | 433.00M | -140.00000M | 317.00M | -256.00000M | 249.00M |
Total cash from financing activities | 103.00M | -373.00000M | 143.00M | -364.00000M | -589.00000M |
Change to operating activities | -44.00000M | -280.00000M | 150.00M | -1.00000M | 5.00M |
Net income | 502.00M | 125.00M | 354.00M | 424.00M | 454.00M |
Change in cash | -92.00000M | -337.00000M | 401.00M | -63.00000M | -268.00000M |
Begin period cash flow | 328.00M | 665.00M | 264.00M | 327.00M | 595.00M |
End period cash flow | 236.00M | 328.00M | 665.00M | 264.00M | 327.00M |
Total cash from operating activities | 152.00M | 392.00M | 829.00M | 680.00M | 703.00M |
Issuance of capital stock | - | - | - | 63.00M | 1.00M |
Depreciation | 215.00M | 220.00M | 213.00M | 220.00M | 247.00M |
Other cashflows from investing activities | -20.00000M | -13.00000M | -229.00000M | -39.00000M | 3.00M |
Dividends paid | 181.00M | 184.00M | 178.00M | 174.00M | 182.00M |
Change to inventory | -468.00000M | -312.00000M | -14.00000M | -43.00000M | -50.00000M |
Change to account receivables | -310.00000M | -162.00000M | -3.00000M | -61.00000M | -70.00000M |
Sale purchase of stock | -103.00000M | -49.00000M | - | 63.00M | -656.00000M |
Other cashflows from financing activities | 919.00M | 1501.00M | 1545.00M | 1149.00M | 986.00M |
Change to netincome | 44.00M | 335.00M | 58.00M | 33.00M | 63.00M |
Capital expenditures | 300.00M | 300.00M | 333.00M | 328.00M | 349.00M |
Change receivables | -310.00000M | -162.00000M | -3.00000M | -61.00000M | -70.00000M |
Cash flows other operating | 11.00M | 23.00M | 97.00M | 56.00M | 62.00M |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | -65.00000M | -316.00000M | 401.00M | -58.00000M | -247.00000M |
Change in working capital | -664.00000M | -280.00000M | 150.00M | -54.00000M | -118.00000M |
Stock based compensation | - | 340.00M | 4.00M | 3.00M | 1.00M |
Other non cash items | 102.00M | 48.00M | 115.00M | 84.00M | 142.00M |
Free cash flow | -148.00000M | 92.00M | 496.00M | 352.00M | 354.00M |
Sector: Consumer Defensive Industry: Packaged Foods
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
INGR Ingredion Incorporated |
-0.26 0.19% | 135.48 | 11.42 | 10.92 | 0.84 | 2.04 | 1.10 | 7.99 |
NSRGF Nestle SA |
0.58 0.56% | 104.29 | 26.86 | 18.76 | 3.13 | 7.10 | 3.81 | 21.70 |
NSRGY Nestle SA ADR |
1.04 1.00% | 104.63 | 26.82 | 18.66 | 3.18 | 7.07 | 3.81 | 21.70 |
KHC Kraft Heinz Co |
-0.53 1.47% | 35.52 | 15.59 | 11.79 | 1.64 | 0.88 | 2.34 | 11.32 |
DANOY Danone PK |
0.04 0.28% | 14.52 | 28.42 | 16.39 | 1.44 | 2.23 | 1.85 | 12.41 |
Ingredion Incorporated, together with its subsidiaries, produces and sells sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries in North America, South America, the Asia Pacific, Europe, the Middle East, and Africa. The company offers starch products for use in a range of processed foods; cornstarch; specialty paper starches for enhanced drainage, fiber retention, oil and grease resistance, improved printability, and biochemical oxygen demand control; starches and specialty starches for textile industry; industrial starches are used in the production of construction materials, textiles, adhesives, pharmaceuticals, and cosmetics, as well as in mining and water filtration; and specialty industrial starches for use in biomaterial applications, including biodegradable plastics, fabric softeners and detergents, hair and skin care applications, dusting powders for surgical gloves, and in the production of glass fiber and insulation. It also provides sweetener products comprising glucose syrups, high maltose syrup, high fructose corn syrup, dextrose, polyols, maltodextrin, glucose syrup solids, and non-genetically modified organism syrups for use in food and beverage products, such as baked goods, snack foods, canned fruits, condiments, candy and other sweets, dairy products, ice cream, jams and jellies, prepared mixes, table syrups, soft drinks, fruit-flavored drinks, and others. In addition, the company refined corn oil, corn gluten feed, and corn gluten meal; and other products, including fruit and vegetable products, such as concentrates, purees, and essences, as well as pulse proteins and hydrocolloids systems and blends. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, Illinois.
5 Westbrook Corporate Center, Westchester, IL, United States, 60154
Name | Title | Year Born |
---|---|---|
Mr. James P. Zallie | Pres, CEO & Director | 1961 |
Mr. James Derek Gray | Exec. VP & CFO | 1967 |
Mr. Eric Seip | Sr. VP of Global Operations & Chief Supply Chain Officer | 1968 |
Mr. Jorgen Kokke | Exec. VP & Pres of Americas | 1969 |
Mr. Jinghuai Xu | Sr. VP & Chief Innovation Officer | 1968 |
Ms. Davida M. Gable | VP of Global Shared Services, Controller & Principal Accounting Officer | 1968 |
Jason Payant | VP of Corp. Fin. & Interim VP of Investor Relations | NA |
Ms. Tanya Jaeger de Foras | Sr. VP, Chief Legal Officer, Corp. Sec. & Chief Compliance Officer | NA |
Ms. Nancy Wolfe | Sr. VP & Chief HR Officer | NA |
Mr. Pierre Perez Y. Landazuri | Sr. VP of Corp. Strategy & Specialties and Pres of EMEA | 1969 |
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