Greencore (GNC) AI Stock Analysis

• Market Cap: £1.07B
• Dividend Yield: 0.82%
• Average Volume (3M): 861.23K
• Price to Earnings (P/E): 20.4
• Beta (1Y): 0.97
• Revenue Growth: 0.49%
• EPS Growth: 14.18%
• Country: UK
• Employees: 13,300
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 0.04
• Shares Outstanding: 441,718,600
• 10 Day Avg. Volume: 1,337,390
• 30 Day Avg. Volume: 861,227
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: £242.50
• Price Target Upside: -0.61% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 64 Neutral
• Price Target: 261.00p ▲(6.97% Upside)

Greencore's overall stock score is driven by its solid financial performance, particularly in cash flow management, despite the need for margin improvements. Technical analysis indicates weak momentum, and valuation metrics suggest a fair market price. The absence of recent earnings call insights and corporate events limits additional context.

Positive Factors

Cash Flow Management

Strong cash flow management supports Greencore's ability to invest in growth opportunities and maintain financial stability, ensuring long-term operational success.

Market Position

Long-term contracts with major retailers solidify Greencore's market position, providing a stable revenue stream and reducing exposure to market volatility.

Operational Efficiency

Strong operational efficiency, as evidenced by healthy margins, enables Greencore to remain competitive and adapt to changing market conditions, supporting sustainable growth.

Negative Factors

Debt Levels

High debt levels can limit financial flexibility and increase risk, potentially impacting Greencore's ability to invest in future growth and manage economic downturns.

Margin Improvement Needs

While operational efficiency is strong, there is a need to improve net profit margins to enhance profitability and ensure long-term financial health.

Revenue Decline

A slight decline in revenue suggests potential market challenges, which could affect future growth if not addressed through strategic initiatives and market expansion.

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. Its key revenue streams include ready meals, sandwiches, and salads, which are sold to retailers, food service chains, and other food distributors. The company benefits from long-term contracts with major grocery chains and food service providers, ensuring a steady demand for its products. Additionally, Greencore invests in innovation and product development to meet changing consumer preferences, which helps to drive sales growth. Strategic partnerships and collaborations with other food brands also contribute to its earnings, enhancing its market presence and expanding its product offerings.

Greencore Financial Statement Overview

Summary

Greencore exhibits a well-rounded financial profile with efficient operations and solid cash flow management. However, there is a need for margin enhancements and careful monitoring of debt levels.

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 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.81B	1.81B	1.91B	1.74B	1.32B	1.26B
Gross Profit	569.50M	599.60M	568.80M	523.00M	422.90M	405.20M
EBITDA	135.60M	147.80M	124.10M	110.60M	101.30M	80.30M
Net Income	46.30M	46.30M	35.90M	32.30M	25.40M	-9.90M
Balance Sheet
Total Assets	1.20B	1.20B	1.30B	1.34B	1.29B	1.43B
Cash, Cash Equivalents and Short-Term Investments	57.30M	57.30M	116.50M	99.60M	119.10M	267.00M
Total Debt	250.30M	250.30M	315.50M	327.60M	361.80M	678.20M
Total Liabilities	754.50M	754.50M	837.90M	873.10M	868.30M	1.14B
Stockholders Equity	450.20M	450.20M	459.80M	465.60M	423.20M	276.50M
Cash Flow
Free Cash Flow	80.50M	79.60M	61.60M	42.90M	62.50M	-29.40M
Operating Cash Flow	112.00M	112.00M	99.00M	92.90M	102.70M	2.50M
Investing Cash Flow	-31.70M	-31.70M	-31.30M	-50.00M	-17.60M	-31.60M
Financing Cash Flow	-98.70M	-98.70M	-81.50M	-69.40M	-58.10M	34.60M

Greencore Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 244.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 Negative. The current price of 244 is below the 20-day moving average (MA) of 249.10, below the 50-day MA of 249.06, and above the 200-day MA of 210.76, indicating a neutral trend. The MACD of -1.56 indicates Positive momentum. The RSI at 43.11 is Neutral, neither overbought nor oversold. The STOCH value of 61.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:GNC.

Greencore Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CWK	72 Outperform	£2.79B	20.83	14.14%	1.95%	4.77%	18.94%
PFD	69 Neutral	£1.63B	13.24	9.02%	1.48%	1.01%	11.12%
TATE	67 Neutral	£2.29B	36.56	3.39%	3.84%	5.40%	-67.46%
HFG	66 Neutral	£598.69M	15.29	12.72%	5.23%	8.58%	-15.81%
GNC	64 Neutral	£1.07B	20.39	12.12%	0.82%	0.49%	14.18%
Sector *	62 Neutral	$20.51B	14.76	-3.30%	3.19%	1.94%	-10.37%
BAKK	61 Neutral	£1.29B	34.62	5.88%	2.73%	0.59%	-41.66%

Greencore Corporate Events

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.

Greencore Reports Strong Q3 Performance and Updates on Bakkavor Acquisition

Greencore Group PLC reported a strong financial and operational performance for Q3 FY25, with a 9.9% increase in revenue to £511.1 million, driven by favorable weather and new business wins. The company achieved a 99.3% operational service level and launched 168 new products, enhancing its market position. Despite economic uncertainties and inflationary pressures, Greencore anticipates an adjusted operating profit of £118-121 million for FY25, surpassing previous guidance. The company is progressing with its acquisition of Bakkavor Group PLC, expected to complete in early 2026, pending regulatory approval.

The most recent analyst rating on (GB:GNC) stock is a Hold with a £160.00 price target. To see the full list of analyst forecasts on Greencore stock, see the GB:GNC Stock Forecast page.

Greencore’s Acquisition of Bakkavor Approved at EGM

Greencore Group PLC announced that all resolutions at its Extraordinary General Meeting were passed, approving the acquisition of Bakkavor Group PLC. This transaction, to be executed through a court-sanctioned scheme of arrangement, is still subject to Bakkavor’s shareholder approval and court sanction. The acquisition is expected to enhance Greencore’s market positioning and operational capabilities in the convenience food sector.

The most recent analyst rating on (GB:GNC) stock is a Hold with a £160.00 price target. To see the full list of analyst forecasts on Greencore stock, see the GB:GNC Stock Forecast page.

Greencore Announces Change in Major Holdings

Greencore Group PLC, a non-UK issuer, has announced a change in its major holdings due to FIL Limited’s acquisition or disposal of voting rights. As of June 25, 2025, FIL Limited holds 5.1155% of voting rights in Greencore, totaling 22,590,965 voting rights. This adjustment in holdings may influence Greencore’s shareholder dynamics and could have implications for its governance and strategic decisions.

The most recent analyst rating on (GB:GNC) stock is a Hold with a £160.00 price target. To see the full list of analyst forecasts on Greencore stock, see the GB:GNC Stock Forecast page.

Greencore Announces Acquisition of Bakkavor Group

Greencore Group PLC has announced a recommended acquisition of Bakkavor Group PLC, involving a cash and share offer for the entire issued share capital of Bakkavor. This transaction is set to be implemented through a court-approved scheme of arrangement. An irrevocable undertaking from Polaris Capital Management LLC to vote in favor of the acquisition has been partially reduced due to the sale of some shares, affecting the percentage of shares committed to the deal. The acquisition is expected to enhance Greencore’s market position in the convenience food sector, although the reduction in committed shares may influence stakeholder confidence.

The most recent analyst rating on (GB:GNC) stock is a Hold with a £160.00 price target. To see the full list of analyst forecasts on Greencore stock, see the GB:GNC Stock Forecast page.

Greencore Announces Acquisition of Bakkavor Group

Greencore Group PLC has announced a recommended acquisition of Bakkavor Group PLC, involving a cash and share offer for the entire issued share capital of Bakkavor. The transaction is to be implemented through a court-approved scheme of arrangement. An irrevocable undertaking from Polaris Capital Management to vote in favor of the acquisition has been partially reduced due to the sale of some shares. This acquisition could potentially strengthen Greencore’s market position in the convenience food sector.

The most recent analyst rating on (GB:GNC) stock is a Hold with a £185.00 price target. To see the full list of analyst forecasts on Greencore stock, see the GB:GNC Stock Forecast page.