Village Super Market, Inc. (VLGEA) 주식 분석

회사 개요

Village Super Market, Inc. is a United States-based enterprise dedicated to operating a chain of supermarkets, offering a comprehensive array of grocery items including fresh produce, meat, dairy, seafood, and prepared foods alongside non-food categories such as health and beauty care. This organization operates within the Consumer Defensive sector, specifically the Grocery Stores industry, a classification that denotes businesses providing essential consumer goods where demand typically remains stable regardless of broader economic fluctuations. The company demonstrates a significant operational footprint, employing 2,160 staff members to support its extensive retail network across the country. With a market capitalization of $645.55M and trailing twelve-month revenue of $2.39B, the firm's scale positions it as a mid-cap player in the grocery retail landscape, indicating a substantial asset base capable of sustaining operations through various market conditions while maintaining a diverse product portfolio that serves a wide demographic of shoppers.

재무 건전성

Village Super Market, Inc. reported total revenue of $2.39B and generated net income of $54.74M over the trailing twelve months, resulting in an EBITDA of $110.75M that highlights the company's cash earnings before interest, taxes, depreciation, and amortization. The disparity between the $2.39B in revenue and the $54.74M in net income reveals a cost structure where operating expenses, including cost of goods sold and administrative overhead, absorb approximately 97.6% of top-line sales, which is characteristic of the low-margin grocery retail model. The company generated free cash flow of $42.97M, a metric that underscores its financial flexibility to fund capital expenditures, service debt obligations, or return capital to shareholders without relying on external financing. Profitability analysis shows a gross margin of 28.3%, an operating margin of 3.7%, and a profit margin of 2.4%, indicating that the company maintains tight control over direct product costs but faces significant pressure from operational expenses that compresses final profitability. On the balance sheet, the company holds $160.10M in cash against $329.14M in debt, resulting in a debt-to-equity ratio of 63.70, which suggests a leveraged capital structure typical for capital-intensive retail businesses that rely on debt financing for expansion or working capital. Despite the leverage, the current ratio stands at 1.23, indicating that the company possesses sufficient current assets to cover its short-term liabilities, thereby maintaining adequate liquidity for day-to-day operational needs. Management effectiveness is evidenced by a Return on Equity of 11.4% and a Return on Assets of 4.6%, metrics that demonstrate the ability to generate value from shareholder investments and utilize the company's asset base efficiently to produce earnings.

밸류에이션 평가

The stock carries a trailing P/E ratio of 11.46, while the forward P/E is not available in current filings, a situation that implies analysts may lack sufficient data to project near-term earnings growth or that the market is pricing in uncertainty regarding future profitability. The price-to-book ratio stands at 1.25, suggesting that the market values the company at a slight premium over its net asset book value, reflecting intangible assets such as brand reputation and store locations that are not fully captured on the balance sheet. Alternative valuation metrics provide further context, with a price-to-sales ratio of 0.27 and an EV/EBITDA of 7.36, figures that indicate the stock is priced conservatively relative to its sales volume and earnings power compared to peers in the consumer defensive sector. Regarding trading range, the stock has fluctuated between a 52-week high of $43.76 and a low of $30.08, meaning the current price sits within this historical band and reflects the typical volatility expected for a utility-like grocery stock. The beta value of 0.43 indicates that the stock exhibits low price volatility relative to the broader market, moving less than half as much as the overall market index, which makes it an attractive component for portfolios seeking stability during periods of economic uncertainty.

Growth & Income

The company recorded a revenue growth rate of 6.9% year-over-year and an earnings growth rate of 5.9% year-over-year, indicating that earnings are growing at a pace slightly slower than revenue, which implies that the company is successfully passing on some inflationary pressures to consumers or facing margin compression as sales expand. As a consistent dividend payer, the company offers a dividend yield of 2.3% with a payout ratio of 26.2%, a conservative payout level that suggests the dividend is highly sustainable given the earnings generation and leaves ample room for retaining earnings to fund operations or strategic initiatives. The low payout ratio further reinforces the company's preference for maintaining financial resilience rather than maximizing immediate shareholder returns through high dividend distributions. Overall, the growth and income profile presents a balanced approach where steady single-digit revenue expansion supports a modest but reliable dividend stream, catering to income-focused investors who prioritize capital preservation and predictable cash distributions.