Greencore (GNC) AI Stock Analysis

• Market Cap: £1.09B
• Dividend Yield: 0.79%
• Average Volume (3M): 1.51M
• Price to Earnings (P/E): 19.0
• Beta (1Y): 0.75
• Revenue Growth: 7.74%
• EPS Growth: 30.09%
• Country: UK
• Employees: 13,300
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 0.09
• Shares Outstanding: 442,920,700
• 10 Day Avg. Volume: 1,533,080
• 30 Day Avg. Volume: 1,508,070
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £231.00
• Price Target Upside: -8.33% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: 266.00p ▲(5.56% Upside)

Greencore's overall stock score is driven by its strong earnings call performance, indicating robust profitability and strategic growth initiatives. Financial performance is solid, with stable revenue growth and profitability margins. Technical analysis shows moderate bullish momentum, while valuation suggests the stock is fairly priced. The absence of significant corporate events further supports a stable outlook.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and successful product offerings, supporting long-term business expansion.

Operational Excellence

Improved operational efficiency enhances productivity and cost management, contributing to sustainable profitability.

New Product Launches

Frequent new product launches demonstrate innovation and adaptability to consumer trends, strengthening market position.

Negative Factors

Inflationary Pressures

Rising costs due to inflation can squeeze margins and challenge profitability if not managed effectively.

Challenges in Salad Portfolio

Underperformance in the salad segment could indicate product-specific issues, affecting overall revenue diversification.

Water Reduction Target Missed

Missing sustainability targets can impact brand reputation and operational costs, especially with increasing regulatory focus.

Greencore Business Overview & Revenue Model

Company Description

Greencore Group plc, together with its subsidiaries, engages in the manufacture and sale of convenience food products primarily in the United Kingdom and Ireland. The company provides various products, including sandwiches, salads, sushi, chilled snacking, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, and frozen Yorkshire Puddings. It is also involved in the trading of Irish ingredients; finance activities; and property business. The company supplies its products to supermarkets, convenience and travel retail outlets, discounters, coffee shops, foodservice, and other retailers. Greencore Group plc was incorporated in 1991 and is headquartered in Dublin, Ireland.

How the Company Makes Money

Greencore generates revenue primarily through the production and sale of convenience food products to retailers and food service businesses. The company's key revenue streams include ready-to-eat meals, sandwiches, salads, and other prepared foods, which are sold to large supermarket chains and food service operators. Greencore's business model is centered around long-term contracts with major clients, which provide a stable source of income. Additionally, the company invests in innovation to develop new products that cater to changing consumer tastes and trends, enhancing its market position. Strategic partnerships with prominent retailers also play a crucial role in its earnings, as they facilitate broader distribution and increased sales volumes. Factors contributing to Greencore's earnings include its operational efficiency, ability to adapt to market demands, and a focus on sustainability, which resonates with environmentally conscious consumers.

Greencore Financial Statement Overview

Summary

Greencore exhibits a well-rounded financial profile with efficient operations and solid cash flow management. While the balance sheet is stable, the income statement indicates a need for margin enhancements. Continued focus on reducing debt and improving profitability will be crucial for sustained growth.

Income Statement

Greencore's income statement shows a stable revenue base with a slight decline from the previous year, indicating potential market challenges. The company maintains healthy gross and EBIT margins, implying strong operational efficiency. However, net profit margins are modest, suggesting room for improvement in managing expenses.

Balance Sheet

The balance sheet reflects a sound equity position with a manageable debt-to-equity ratio. Return on equity has been positive, indicating decent profitability for shareholders. Nevertheless, the company's total debt level should be monitored to prevent financial strain.

Cash Flow

Greencore's cash flow statement is robust, with consistent free cash flow generation and positive operating cash flow to net income ratio. The company has demonstrated effective cash management practices, supporting operational and strategic initiatives.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.86B	1.95B	1.81B	1.91B	1.74B	1.32B
Gross Profit	589.70M	632.50M	599.60M	568.80M	523.00M	422.90M
EBITDA	152.60M	158.70M	147.80M	124.10M	110.60M	101.30M
Net Income	54.60M	57.60M	46.30M	35.90M	32.30M	25.40M
Balance Sheet
Total Assets	1.23B	1.27B	1.20B	1.30B	1.34B	1.29B
Cash, Cash Equivalents and Short-Term Investments	87.90M	81.80M	57.30M	116.50M	99.60M	119.10M
Total Debt	275.80M	207.70M	250.30M	315.50M	327.60M	361.80M
Total Liabilities	772.80M	780.70M	754.50M	837.90M	873.10M	868.30M
Stockholders Equity	452.30M	492.00M	450.20M	459.80M	465.60M	423.20M
Cash Flow
Free Cash Flow	139.40M	122.20M	79.60M	61.60M	42.90M	62.50M
Operating Cash Flow	176.80M	165.60M	112.00M	99.00M	92.90M	102.70M
Investing Cash Flow	-37.50M	-43.40M	-31.70M	-31.30M	-50.00M	-17.60M
Financing Cash Flow	-138.30M	-85.50M	-98.70M	-81.50M	-69.40M	-58.10M

Greencore Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 252.00
• 50DMA: Positive
• 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 GB:GNC, the sentiment is Positive. The current price of 252 is above the 20-day moving average (MA) of 247.80, above the 50-day MA of 240.91, and above the 200-day MA of 226.49, indicating a bullish trend. The MACD of 4.83 indicates Negative momentum. The RSI at 56.28 is Neutral, neither overbought nor oversold. The STOCH value of 63.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:GNC.

Greencore Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CWK	78 Outperform	£2.64B	17.82	15.07%	2.06%	6.96%	28.47%
PFD	76 Outperform	£1.49B	11.32	9.47%	1.62%	0.50%	20.52%
HFG	71 Outperform	£447.89M	11.44	12.72%	7.01%	8.58%	-15.81%
GNC	70 Outperform	£1.09B	19.03	12.23%	0.79%	7.74%	30.09%
TATE	65 Neutral	£1.68B	49.39	2.48%	5.27%	26.84%	-81.73%
BAKK	64 Neutral	£1.36B	36.55	5.88%	2.52%	0.59%	-41.66%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Greencore Corporate Events

Greencore’s Acquisition of Bakkavor Clears CMA Phase 1

Greencore Group PLC has received a positive Phase 1 decision from the UK’s Competition and Markets Authority (CMA) regarding its acquisition of Bakkavor Group plc. The CMA found no significant competition concerns for 99% of the combined group’s revenues, with only a potential issue in the supply of own label chilled sauces. Greencore now has the opportunity to propose remedies to address this concern, avoiding a more in-depth Phase 2 investigation. The transaction is expected to be completed in early 2026, with both companies expressing optimism about the merger’s benefits for stakeholders and the creation of a national food champion.

The most recent analyst rating on (GB:GNC) stock is a Hold with a £255.00 price target. To see the full list of analyst forecasts on Greencore stock, see the GB:GNC Stock Forecast page.

Greencore Reports Strong FY25 Performance and Progresses with Bakkavor Acquisition

Greencore Group PLC reported strong financial performance for the fourth quarter and full year of 2025, with an 8% revenue growth driven by new business wins, product innovation, and favorable weather conditions. The company launched 130 new products in Q4 and improved profit conversion through cost management initiatives. Greencore’s net debt significantly decreased, and it anticipates a higher-than-expected adjusted operating profit. The company is progressing with the acquisition of Bakkavor Group PLC, pending regulatory approval, which could enhance its product offerings and market position.

The most recent analyst rating on (GB:GNC) stock is a Hold with a £261.00 price target. To see the full list of analyst forecasts on Greencore stock, see the GB:GNC Stock Forecast page.

Greencore Announces Current Voting Rights and Capital Structure

Greencore Group PLC has announced its current issued ordinary share capital consists of 441,718,592 shares, each carrying one vote, totaling the same number of voting rights. This information is crucial for shareholders to determine their notification obligations under the FCA’s Disclosure and Transparency Rules.

The most recent analyst rating on (GB:GNC) stock is a Buy with a £3.00 price target. To see the full list of analyst forecasts on Greencore stock, see the GB:GNC Stock Forecast page.