회사 개요
Weis Markets, Inc. is a retailer primarily engaged in the sale of food products through a network of supermarket locations. The enterprise operates within the consumer defensive sector, specifically classified under the grocery stores industry, which typically provides essential goods that maintain demand regardless of broader economic cycles. This corporation employs a substantial workforce of 22,000 individuals to manage its extensive retail operations and supply chain logistics. With a total market capitalization of $1.80B and annual revenue reaching $4.96B, the company demonstrates a significant scale within the regional retail landscape. These valuation and revenue figures suggest that Weis Markets commands a substantial position in its specific geographic markets, reflecting a large operational footprint and a consistent ability to generate sales volume.
재무 건전성
The company reported a total revenue of $4.96B over the trailing twelve months, resulting in a net income of $93.69M and an EBITDA of $238.44M. The substantial disparity between the revenue figure and the net income highlights a cost structure where operating expenses, including cost of goods sold, labor, and general administrative costs, consume a significant portion of top-line sales before reaching the bottom line. Free cash flow for the period stood at $-20,334,750, indicating a net cash outflow that may reflect heavy capital expenditures for store maintenance, expansion, or inventory buildup, thereby impacting immediate financial flexibility for share buybacks or aggressive debt reduction. Gross margin stands at 25.5%, which is typical for the grocery industry but leaves limited room for pricing power increases. Operating margin is 2.8%, suggesting that overhead costs are tightly managed yet still compress profit potential relative to sales. Profit margin sits at 1.9%, reflecting the low-margin, high-volume nature of the grocery retail business. Total cash reserves of $214.18M exceed total debt obligations of $172.09M, providing a net cash position that bolsters solvency, while the debt-to-equity ratio of 12.73 indicates a leveraged capital structure typical for capital-intensive retailers. The current ratio of 1.93 demonstrates strong short-term liquidity, ensuring the company can comfortably meet its current liabilities with existing current assets. Return on equity is 6.7% and return on assets is 3.5%, metrics that reveal the efficiency with which management utilizes shareholder equity and total assets to generate profits.
밸류에이션 평가
The trailing twelve-month P/E ratio is 19.88, while the forward P/E ratio is listed as N/A, implying that market participants or analysts may not have consensus estimates available for future earnings growth or that forward earnings are currently undefined in available data. The price-to-book ratio of 1.33 suggests that the market values the company's equity at a premium of 33% over its book value, which is common for established retailers with intangible brand value or stable cash flows. Alternative valuation metrics such as the price-to-sales ratio of 0.36 and an EV/EBITDA of 7.36 provide context that the company is trading at a low multiple relative to its sales and earnings before interest, taxes, depreciation, and amortization. The stock's 52-week trading range spans from a low of $59.99 to a high of $90.23, placing the current trading price within this historical volatility band and offering a reference point for assessing recent price movements. A beta of 0.43 indicates that the stock price exhibits significantly lower volatility than the broader market, suggesting a defensive characteristic where the stock tends to move less than 43% as much as the market index in either direction.
Growth & Income
Revenue growth year-over-year is recorded at 5.1%, whereas earnings growth year-over-year is -3.1%, indicating that earnings are currently expanding at a slower pace than revenue, likely due to inflationary pressures on input costs or temporary margin compression. As a dividend payer, the company offers a dividend yield of 1.9% with a payout ratio of 37.3%, a level that appears sustainable given the positive net income and moderate leverage, allowing for potential future dividend increases if margins improve. The current negative free cash flow complicates the sustainability narrative, as high payout ratios combined with cash outflows could constrain the ability to increase dividends without raising external capital. Overall, the growth and income profile presents a mix of steady top-line expansion and defensive income generation, tempered by recent earnings contraction and cash flow challenges.