(PFGC) Performance Food - Overview
Sector: Consumer Defensive | Industry: Food Distribution | Exchange: NYSE (USA) | Market Cap: 13.041m USD | Total Return: 10.5% in 12m
Avg Trading Vol: 112M USD
Peers RS (IBD): 29.7
EPS Trend: -37.1%
Qual. Beats: 0
Rev. Trend: 83.7%
Qual. Beats: 0
Performance Food Group Company (PFGC) is a North-American food-service distributor that operates through three segments-Foodservice, Convenience, and Specialty-offering a broad portfolio that includes fresh meat, seafood, frozen and refrigerated foods, dry groceries, snacks, beverages, health-and-beauty items, and even nicotine products. The firm supplements product sales with marketing programs, technology platforms, and value-added services such as menu development and procurement consulting for restaurants, chains, vending operators, theaters, and convenience retailers.
In its most recent fiscal year (2025), PFGC generated $22.1 billion in revenue, up 5.2% year-over-year, and reported an adjusted EBITDA margin of 4.8%, reflecting steady cost-control amid rising labor expenses. Same-store sales in the Foodservice segment grew 3.4% Q4-2025, while the Convenience segment saw a 2.1% increase in transaction volume, driven by higher demand for ready-to-eat and on-the-go items.
Key drivers for the sector include persistent inflationary pressure on food prices, ongoing supply-chain constraints that favor large, integrated distributors, and a gradual rebound in out-of-home dining as consumer confidence improves. Monitoring these macro trends alongside PFGC’s inventory turnover and cash-conversion cycle can provide insight into its operational resilience. For a deeper quantitative analysis, you might want to explore ValueRay’s data platform.
- Foodservice segment growth drives revenue
- Convenience segment sales impact overall performance
- Commodity price fluctuations affect profitability
- Distribution network efficiency crucial for margins
- Restaurant and convenience store demand dictates sales
| Net Income: 345.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 1.23 > 1.0 |
| NWC/Revenue: 4.19% < 20% (prev 4.59%; Δ -0.40% < -1%) |
| CFO/TA 0.07 > 3% & CFO 1.29b > Net Income 345.1m |
| Net Debt (7.95b) to EBITDA (1.64b): 4.84 < 3 |
| Current Ratio: 1.60 > 1.5 & < 3 |
| Outstanding Shares: last quarter (156.8m) vs 12m ago 0.32% < -2% |
| Gross Margin: 11.87% > 18% (prev 0.11%; Δ 1.18k% > 0.5%) |
| Asset Turnover: 372.8% > 50% (prev 351.5%; Δ 21.30% > 0%) |
| Interest Coverage Ratio: 2.16 > 6 (EBITDA TTM 1.64b / Interest Expense TTM 400.3m) |
| A: 0.15 (Total Current Assets 7.37b - Total Current Liabilities 4.62b) / Total Assets 18.18b |
| B: 0.10 (Retained Earnings 1.80b / Total Assets 18.18b) |
| C: 0.05 (EBIT TTM 863.7m / Avg Total Assets 17.64b) |
| D: 0.13 (Book Value of Equity 1.80b / Total Liabilities 13.53b) |
| Altman-Z'' Score: 1.78 = BBB |
| DSRI: 0.95 (Receivables 2.80b/2.69b, Revenue 65.77b/60.10b) |
| GMI: 0.97 (GM 11.87% / 11.49%) |
| AQI: 0.92 (AQ_t 0.29 / AQ_t-1 0.32) |
| SGI: 1.09 (Revenue 65.77b / 60.10b) |
| TATA: -0.05 (NI 345.1m - CFO 1.29b) / TA 18.18b) |
| Beneish M-Score: -3.13 (Cap -4..+1) = AA |
Over the past week, the price has changed by +1.20%, over one month by -8.73%, over three months by -4.60% and over the past year by +10.47%.
- StrongBuy: 7
- Buy: 3
- Hold: 6
- Sell: 0
- StrongSell: 0
| Wallstreet Target Price | 117.5 | 37.2% |
| Analysts Target Price | 117.5 | 37.2% |
P/E Forward = 15.6986
P/S = 0.2091
P/B = 2.8053
P/EG = 0.6659
Revenue TTM = 65.77b USD
EBIT TTM = 863.7m USD
EBITDA TTM = 1.64b USD
Long Term Debt = 5.27b USD (from longTermDebt, last quarter)
Short Term Debt = 351.4m USD (from shortTermDebt, last quarter)
Debt = 7.99b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.95b USD (from netDebt column, last quarter)
Enterprise Value = 20.99b USD (13.04b + Debt 7.99b - CCE 41.0m)
Interest Coverage Ratio = 2.16 (Ebit TTM 863.7m / Interest Expense TTM 400.3m)
EV/FCF = 26.47x (Enterprise Value 20.99b / FCF TTM 792.7m)
FCF Yield = 3.78% (FCF TTM 792.7m / Enterprise Value 20.99b)
FCF Margin = 1.21% (FCF TTM 792.7m / Revenue TTM 65.77b)
Net Margin = 0.52% (Net Income TTM 345.1m / Revenue TTM 65.77b)
Gross Margin = 11.87% ((Revenue TTM 65.77b - Cost of Revenue TTM 57.96b) / Revenue TTM)
Gross Margin QoQ = 11.96% (prev 11.81%)
Tobins Q-Ratio = 1.15 (Enterprise Value 20.99b / Total Assets 18.18b)
Interest Expense / Debt = 1.31% (Interest Expense 104.5m / Debt 7.99b)
Taxrate = 28.84% (25.0m / 86.7m)
NOPAT = 614.7m (EBIT 863.7m * (1 - 28.84%))
Current Ratio = 1.60 (Total Current Assets 7.37b / Total Current Liabilities 4.62b)
Debt / Equity = 1.72 (Debt 7.99b / totalStockholderEquity, last quarter 4.65b)
Debt / EBITDA = 4.84 (Net Debt 7.95b / EBITDA 1.64b)
Debt / FCF = 10.02 (Net Debt 7.95b / FCF TTM 792.7m)
Total Stockholder Equity = 4.51b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.96% (Net Income 345.1m / Total Assets 18.18b)
RoE = 7.66% (Net Income TTM 345.1m / Total Stockholder Equity 4.51b)
RoCE = 8.83% (EBIT 863.7m / Capital Employed (Equity 4.51b + L.T.Debt 5.27b))
RoIC = 6.18% (NOPAT 614.7m / Invested Capital 9.94b)
WACC = 6.20% (E(13.04b)/V(21.03b) * Re(9.42%) + D(7.99b)/V(21.03b) * Rd(1.31%) * (1-Tc(0.29)))
Discount Rate = 9.42% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.35%
[DCF] Terminal Value 87.74% ; FCFF base≈689.9m ; Y1≈851.0m ; Y5≈1.45b
[DCF] Fair Price = 200.8 (EV 39.49b - Net Debt 7.95b = Equity 31.55b / Shares 157.1m; r=6.20% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: -37.12 | EPS CAGR: -48.36% | SUE: -4.0 | # QB: 0
Revenue Correlation: 83.69 | Revenue CAGR: 6.30% | SUE: -0.41 | # QB: 0
EPS current Year (2026-06-30): EPS=4.63 | Chg7d=+0.001 | Chg30d=+0.011 | Revisions Net=+0 | Growth EPS=+3.3% | Growth Revenue=+6.8%
EPS next Year (2027-06-30): EPS=5.94 | Chg7d=-0.005 | Chg30d=-0.010 | Revisions Net=-1 | Growth EPS=+28.3% | Growth Revenue=+6.5%
[Growth] Implied Growth Rate = 6.8% (Discount Rate 9.4% - Earnings Yield 2.7%)
[Growth] Growth Spread = -0.2% (Analyst 6.5% - Implied 6.8%)