Fresh Del Monte Produce (FDP) AI Stock Analysis

• Market Cap: $1.59B
• Dividend Yield: 3.62%
• Average Volume (3M): 379.84K
• Price to Earnings (P/E): 10.8
• Beta (1Y): -0.09
• Revenue Growth: -0.64%
• EPS Growth: N/A
• Country: US
• Employees: 33,798
• Sector: Consumer Cyclical
• Sector Strength: 60
• Industry: Agricultural Farm Products
• EPS (TTM): 0.63
• Shares Outstanding: 47,927,980
• 10 Day Avg. Volume: 403,570
• 30 Day Avg. Volume: 379,842
• PEG Ratio: 0.56
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 91.36
• Enterprise Value/Market Cap: 1.24
• Enterprise Value/Revenue: 0.12
• Enterprise Value/Gross Profit: 5.38
• Enterprise Value/Ebitda: 2.69
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 72 Outperform
• Price Target: $37.00 ▲(11.68%Upside)

Fresh Del Monte Produce's strong financial performance and positive earnings call sentiment are the primary drivers of the overall score. The attractive valuation further supports the investment case, while technical analysis indicates a neutral market position.

Fresh Del Monte Produce Business Overview & Revenue Model

Company Description

Fresh Del Monte Produce Inc., through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Europe, the Middle East, Africa, Asia, and internationally. It operates through three segments: Fresh and Value-Added Products, Banana, and Other Products and Services. It offers pineapples, fresh-cut fruit, fresh-cut vegetables, melons, and vegetables; non-tropical fruits, such as grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries, and kiwis; other fruit and vegetables, and avocados; and prepared fruit and vegetables, juices, other beverages, and meals and snacks. The company also engages in the sale of poultry and meat products; and third-party freight services business. In addition, it manufactures and sells plastic and box products, such as bins, trays, bags, and boxes. The company offers its products under the Del Monte brand, as well as under other brands, such as UTC, Rosy, Fruit Express, Just Juice, Fruitini, Mann's Logo, Arcadian Harvest, Nourish Bowls, Broccolini, Caulilini, Better Burger Leaf, RomaLeaf, and other regional brands. It markets and distributes its products to retail stores, club stores, convenience stores, wholesalers, distributors, and foodservice operators. Fresh Del Monte Produce Inc. was founded in 1886 and is based in George Town, Cayman Islands.

How the Company Makes Money

Fresh Del Monte Produce Inc. generates revenue primarily through the sale of fresh and prepared produce. Its key revenue streams include the marketing and distribution of bananas, pineapples, melons, and other fresh fruits and vegetables to retailers, wholesalers, and foodservice operators. Additionally, the company earns money through its prepared food segment, which involves the production and sale of canned fruits and vegetables, beverages, and snacks. Significant partnerships with global retailers and a robust supply chain infrastructure contribute to its earnings by ensuring efficient product distribution and market reach. The company's revenue is also influenced by factors such as global supply and demand dynamics, pricing strategies, and its ability to innovate and introduce new product lines.

Fresh Del Monte Produce Financial Statement Overview

Summary

Fresh Del Monte Produce demonstrates strong financial health across all three financial statements. The company maintains stable profitability and operational efficiency, supported by a robust balance sheet with low leverage and high equity. Cash flow is particularly strong, indicating excellent cash management and potential for growth. Despite slight challenges in revenue growth, the overall financial position remains solid, making it well-positioned for future opportunities.

Income Statement

The income statement for Fresh Del Monte Produce shows a stable gross profit margin of approximately 8.6% in TTM, indicating consistent cost management. The net profit margin improved to 3.4% in TTM, reflecting better profitability. However, revenue has slightly declined from the previous annual period by 0.23%, suggesting a potential challenge in revenue growth. EBIT and EBITDA margins are healthy at 4.5% and 5.8% respectively, showing operational efficiency.

Balance Sheet

The balance sheet reveals a strong equity position, with an equity ratio of 63.6% in TTM, highlighting financial stability. The debt-to-equity ratio improved to 0.14, indicating reduced leverage risk. Return on equity is robust at 7.34%, showing efficient use of equity to generate profit. Overall, the balance sheet reflects a solid financial foundation, although the total assets have slightly decreased over time.

Cash Flow

Cash flow analysis shows a robust free cash flow growth of 22.94% in TTM, highlighting strong cash-generating capabilities. The operating cash flow to net income ratio is 1.43, indicating a strong conversion of profit into cash. The free cash flow to net income ratio is also solid at 1.09, showcasing effective cash management. These metrics suggest healthy cash flow management and potential for reinvestment.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Mar 2021
Income Statement
Total Revenue	4.27B	4.28B	4.32B	4.44B	4.25B	4.20B
Gross Profit	366.50M	357.90M	350.70M	340.20M	303.80M	250.90M
EBITDA	263.30M	274.20M	134.20M	230.10M	204.00M	145.10M
Net Income	147.20M	142.20M	-11.40M	98.60M	80.00M	49.20M
Balance Sheet
Total Assets	3.15B	3.10B	3.18B	3.46B	3.40B	3.34B
Cash, Cash Equivalents and Short-Term Investments	34.40M	32.60M	33.80M	17.20M	16.10M	16.50M
Total Debt	405.20M	411.30M	598.20M	737.30M	702.00M	685.20M
Total Liabilities	1.13B	1.09B	1.27B	1.48B	1.52B	1.54B
Stockholders Equity	2.01B	1.99B	1.90B	1.90B	1.80B	1.73B
Cash Flow
Free Cash Flow	160.80M	130.80M	120.20M	13.70M	30.00M	30.60M
Operating Cash Flow	209.80M	182.50M	177.90M	61.80M	128.50M	180.60M
Investing Cash Flow	7.70M	20.40M	56.40M	-49.10M	-82.50M	-108.80M
Financing Cash Flow	-228.30M	-209.90M	-213.50M	-12.00M	-53.20M	-85.80M

Fresh Del Monte Produce Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 33.13
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FDP, the sentiment is Positive. The current price of 33.13 is above the 20-day moving average (MA) of 32.74, below the 50-day MA of 33.31, and above the 200-day MA of 31.33, indicating a neutral trend. The MACD of -0.10 indicates Negative momentum. The RSI at 51.81 is Neutral, neither overbought nor oversold. The STOCH value of 72.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FDP.

Fresh Del Monte Produce Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CALM	84 Outperform	$5.48B	5.08	48.27%	13.40%	60.00%	259.01%
FDP	72 Outperform	$1.59B	10.82	7.51%	3.62%	-0.64%	―
DOLE	71 Outperform	$1.35B	14.43	8.87%	2.41%	0.91%	-49.71%
BG	69 Neutral	$10.54B	9.94	10.36%	3.57%	-10.90%	-36.54%
ADM	66 Neutral	$26.57B	19.72	6.03%	3.69%	-8.59%	-50.72%
AGRO	65 Neutral	$936.94M	14.96	4.51%	3.74%	17.05%	-73.53%
Sector *	62 Neutral	C$5.25B	11.07	18.94%	3.79%	5.08%	6.52%

Fresh Del Monte Produce Corporate Events

Fresh Del Monte’s Shareholders Approve Key Proposals at AGM

On June 5, 2025, Fresh Del Monte Produce Inc. held its virtual Annual General Meeting of Shareholders, where 93% of the Ordinary Shares were represented. During the meeting, shareholders approved the election of three directors, ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for 2025, and approved the compensation of the company’s named executive officers for 2024.