(SMPL) Simply Good Foods - Overview
Sector: Consumer Defensive | Industry: Packaged Foods | Exchange: NASDAQ (USA) | Market Cap: 1.074m USD | Total Return: -67.3% in 12m
Avg Turnover: 27.1M
EPS Trend: 53.1%
Qual. Beats: 1
Rev. Trend: 95.1%
Qual. Beats: -1
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
The Simply Good Foods Company (SMPL) is a North American consumer-packaged food provider specializing in the nutritional snacking and meal replacement categories. Its portfolio is anchored by the Quest, Atkins, and OWYN brands, offering high-protein bars, ready-to-drink shakes, and savory snacks. The company utilizes an asset-light business model, outsourcing manufacturing to third-party providers while maintaining internal control over product development and marketing.
Operations are diversified across multiple retail channels, including mass merchandisers, grocery stores, and e-commerce platforms like Amazon. The packaged foods sector currently faces a shift in consumer preference toward functional foods that offer specific health benefits such as high protein or low sugar content. Investors may find it useful to examine ValueRay for deeper fundamental analysis of the companys market position.
Headquartered in Denver, Colorado, the company also generates revenue through licensing its trademarks and logos for complementary product lines. This multi-channel distribution strategy allows SMPL to capture demand in both traditional retail environments and the growing direct-to-consumer digital market.
- Quest brand volume growth offsets declining Atkins legacy brand demand
- OWYN acquisition expands footprint into plant-based ready-to-drink protein segment
- Fluctuating dairy and protein commodity costs impact gross profit margins
- GLP-1 weight loss drug adoption shifts consumer demand for high-protein snacks
- Retail distribution gains in mass and club channels drive revenue scale
| Net Income: -105.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -0.45 > 1.0 |
| NWC/Revenue: 24.89% < 20% (prev 24.11%; Δ 0.78% < -1%) |
| CFO/TA 0.08 > 3% & CFO 173.4m > Net Income -105.7m |
| Net Debt (334.9m) to EBITDA (143.3m): 2.34 < 3 |
| Current Ratio: 5.06 > 1.5 & < 3 |
| Outstanding Shares: last quarter (92.3m) vs 12m ago -9.31% < -2% |
| Gross Margin: 32.85% > 18% (prev 0.37%; Δ 3.25k% > 0.5%) |
| Asset Turnover: 62.21% > 50% (prev 58.15%; Δ 4.06% > 0%) |
| Interest Coverage Ratio: 6.40 > 6 (EBITDA TTM 143.3m / Interest Expense TTM 19.2m) |
| A: 0.17 (Total Current Assets 439.3m - Total Current Liabilities 86.9m) / Total Assets 2.13b |
| B: 0.21 (Retained Earnings 456.4m / Total Assets 2.13b) |
| C: 0.05 (EBIT TTM 122.7m / Avg Total Assets 2.28b) |
| D: 0.72 (Book Value of Equity 455.9m / Total Liabilities 635.9m) |
| Altman-Z'' = 2.90 = A |
| DSRI: 0.78 (Receivables 123.5m/157.1m, Revenue 1.42b/1.41b) |
| GMI: 1.13 (GM 32.85% / 37.09%) |
| AQI: 0.97 (AQ_t 0.77 / AQ_t-1 0.79) |
| SGI: 1.00 (Revenue 1.42b / 1.41b) |
| TATA: -0.13 (NI -105.7m - CFO 173.4m) / TA 2.13b) |
| Beneish M = -3.24 (Cap -4..+1) = AA |
As of May 27, 2026, the stock is trading at USD 11.40 with a total of 2,370,417 shares traded.
Over the past week, the price has changed by -3.39%,
over one month by -14.54%,
over three months by -33.14% and
over the past year by -67.34%.
Simply Good Foods has received a consensus analysts rating of 4.17. Therefore, it is recommended to buy SMPL.
- StrongBuy: 7
- Buy: 0
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 18.1 | 58.8% |
P/E Forward = 7.2307
P/S = 0.7753
P/B = 0.7204
P/EG = 1.6428
Revenue TTM = 1.42b USD
EBIT TTM = 122.7m USD
EBITDA TTM = 143.3m USD
Long Term Debt = 396.9m USD (from longTermDebt, last quarter)
Short Term Debt = 5.87m USD (from shortTermDebt, last fiscal year)
Debt = 442.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 45.5m
Net Debt = 334.9m USD (calculated: Debt 442.4m - CCE 107.4m)
Enterprise Value = 1.41b USD (1.07b + Debt 442.4m - CCE 107.4m)
Interest Coverage Ratio = 6.40 (Ebit TTM 122.7m / Interest Expense TTM 19.2m)
EV/FCF = 9.65x (Enterprise Value 1.41b / FCF TTM 146.0m)
FCF Yield = 10.36% (FCF TTM 146.0m / Enterprise Value 1.41b)
FCF Margin = 10.31% (FCF TTM 146.0m / Revenue TTM 1.42b)
Net Margin = -7.46% (Net Income TTM -105.7m / Revenue TTM 1.42b)
Gross Margin = 32.85% ((Revenue TTM 1.42b - Cost of Revenue TTM 951.1m) / Revenue TTM)
Gross Margin QoQ = 30.28% (prev 32.30%)
Tobins Q-Ratio = 0.66 (Enterprise Value 1.41b / Total Assets 2.13b)
Interest Expense / Debt = 4.33% (Interest Expense 19.2m / Debt 442.4m)
Taxrate = 23.76% (32.3m / 135.9m)
NOPAT = 93.6m (EBIT 122.7m * (1 - 23.76%))
Current Ratio = 5.06 (Total Current Assets 439.3m / Total Current Liabilities 86.9m)
Debt / Equity = 0.30 (Debt 442.4m / totalStockholderEquity, last quarter 1.49b)
Debt / EBITDA = 2.34 (Net Debt 334.9m / EBITDA 143.3m)
Debt / FCF = 2.29 (Net Debt 334.9m / FCF TTM 146.0m)
Total Stockholder Equity = 1.72b (last 4 quarters mean from totalStockholderEquity)
RoA = -4.64% (Net Income -105.7m / Total Assets 2.13b)
RoE = -6.15% (Net Income TTM -105.7m / Total Stockholder Equity 1.72b)
RoCE = 5.80% (EBIT 122.7m / Capital Employed (Equity 1.72b + L.T.Debt 396.9m))
RoIC = 4.79% (NOPAT 93.6m / Invested Capital 1.95b)
WACC = 4.81% (E(1.07b)/V(1.52b) * Re(5.43%) + D(442.4m)/V(1.52b) * Rd(4.33%) * (1-Tc(0.24)))
Discount Rate = 5.43% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -15.56 | Cagr: -3.94%
[DCF] Terminal Value 73.10% ; FCFF base≈158.6m ; Y1≈139.1m ; Y5≈112.4m
[DCF] Fair Price = 16.24 (EV 1.80b - Net Debt 334.9m = Equity 1.47b / Shares 90.5m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 53.10 | EPS CAGR: 4.79% | SUE: 1.70 | # QB: 1
Revenue Correlation: 95.06 | Revenue CAGR: 7.72% | SUE: -4.0 | # QB: -1
EPS current Quarter (2026-05-31): EPS=0.34 | Chg30d=-39.85% | Revisions=-67% | Analysts=10
EPS current Year (2026-08-31): EPS=1.61 | Chg30d=-16.30% | Revisions=-67% | GrowthEPS=-16.1% | GrowthRev=-8.0%
EPS next Year (2027-08-31): EPS=1.74 | Chg30d=-18.44% | Revisions=-67% | GrowthEPS=+7.8% | GrowthRev=-0.7%
[Analyst] Revisions Ratio: -67%