Del Monte Pacific (D03) AI Stock Analysis

• Market Cap: S$169.12M
• Dividend Yield: N/A
• Average Volume (3M): 718.45K
• Price to Earnings (P/E): 3.3
• Beta (1Y): 0.34
• Revenue Growth: -48.05%
• EPS Growth: -364.94%
• Country: SG
• Employees: 11,000
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): <0.01
• Shares Outstanding: 1,944,935,800
• 10 Day Avg. Volume: 126,590
• 30 Day Avg. Volume: 718,450
• PEG Ratio: >-0.01
• Price to Book (P/B): -0.14
• Price to Sales (P/S): 0.13
• P/FCF Ratio: 0.29
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 56 Neutral
• Price Target: S$0.09 ▼(-13.00% Downside)
• Action: Reiterated Date: 03/12/26
• Date: Action: Reiterated 03/12/26

The score is held back primarily by weak financial performance and balance-sheet stress (losses, revenue contraction, negative equity, and meaningful debt). Offsetting factors include constructive technical momentum, a low P/E valuation, and an earnings call showing improving operations (revenue/margin/EBITDA gains) and debt reduction, though with caution on second-half outlook and macro risks.

Positive Factors

Positive operating cash generation

Consistent positive operating cash flow and positive free cash flow provide durable liquidity to fund working capital, service debt and pursue strategic actions (deleveraging or asset sales). Over the next 2–6 months this cash generation supports capital structure repair and operational stability.

Material margin improvement and higher EBITDA

A 660bp gross margin lift driven by volume, pricing and cost reductions shows operational leverage and stronger unit economics. Sustained higher margins and rising EBITDA create structural cushion for profitability, improve cash conversion and enhance resilience to input cost swings.

Brand portfolio and export growth

Growth in fresh exports and established Del Monte branded presence across retail and foodservice signal diversified revenue channels and geographic reach. Structural demand in key export markets reduces single-market dependence and supports medium-term volume recovery.

Negative Factors

Negative equity and elevated leverage

Negative equity and large outstanding debt materially weaken balance-sheet flexibility and increase refinancing and covenant risk. Limited equity buffers constrain the company's ability to absorb shocks and make restructuring or growth investments more difficult over the coming months.

Sharp revenue decline and net losses

A sustained revenue contraction and large net loss indicate structural demand or execution issues that erode scale benefits and margin sustainability. Recovering profitability requires durable top-line improvement; absent that, margins and cash coverage remain under pressure.

Volatile free cash flow and working-capital pressure

Material FCF decline and historical volatility, coupled with inventory buildup cited in the results, raise the risk that cash generation may not reliably fund debt reduction or capex. Persistent working-capital swings can strain liquidity and delay structural deleveraging efforts.

Del Monte Pacific Business Overview & Revenue Model

Company Description

Del Monte Pacific Limited, an investment holding company, manufactures, processes, markets, and distributes food, beverages, and other related products in the Americas, the Asia Pacific, and Europe. The company is involved in growing, processing, and selling packaged fruit and vegetable products, including canned and fresh pineapples, and tropical mixed fruits, as well as canned beans, peaches, and corns; juices, juice drinks, and pineapple juice concentrates; fresh fruits; and tomato-based products, such as ketchup, tomato sauce, pasta sauce, recipe sauce, pizza sauce, pasta, broth, and condiments. It offers its products under the Del Monte, S&W, Today's, Contadina, and College Inn brand names. The company also produces and distributes private label food products, as well as offers UHP avocado and processed refrigerated fruit products; and provides administrative support and liaison services. In addition, it offers licensing, management, logistics, and marketing and support services, as well as holds real estate properties. The company was founded in 1886 and is based in Road Town, British Virgin Islands. Del Monte Pacific Limited is a subsidiary of NutriAsia Pacific Limited.

How the Company Makes Money

Del Monte Pacific makes money primarily by manufacturing and selling branded packaged food and beverage products to retail and foodservice customers. Its core revenue stream is the sale of shelf-stable and processed consumer goods (such as canned fruits and vegetables and fruit-based beverages) through supermarkets, mass retailers, distributors, and foodservice channels, with revenue recognized when products are delivered and sold under customer arrangements. Earnings are driven by product volume, pricing/mix (including premium vs. value offerings and portfolio mix across categories), brand strength and marketing execution, and distribution reach in its operating markets. Additional contributors typically include contract or private-label production and sales of products under multiple brands within its portfolio (where applicable), as well as operational efficiencies in sourcing, processing, and logistics that influence margins. Specific material partnership details or customer concentration data are null.

Del Monte Pacific Financial Statement Overview

Summary

Overall financial statement quality is weak: TTM shows sharp revenue contraction (~-32%) and a very large net loss, while the balance sheet is stressed with negative equity and sizable debt. Positive operating cash flow and free cash flow support near-term liquidity, but free cash flow declined materially (~-57%) and cash flows have been volatile.

Income Statement

TTM (Trailing-Twelve-Months) performance shows sharp revenue contraction (down ~32%) and a very large net loss with deeply negative net margin, despite still-positive gross profit and healthy EBITDA/EBIT margins. The company was profitable in 2021–2022 and roughly breakeven in 2023, but results deteriorated materially in 2024–2025 and worsened further in TTM, pointing to weak earnings quality and an unstable profit trajectory.

Balance Sheet

Financial risk is elevated: stockholders’ equity is negative in TTM and 2025, which weakens balance-sheet flexibility and makes leverage hard to support through equity. Debt remains sizable (TTM debt ~0.78B; 2025 debt ~1.10B), and the shift from positive equity in 2021–2024 to negative equity in 2025–TTM signals significant balance-sheet deterioration and limited shock-absorption capacity.

Cash Flow

Cash generation is a relative bright spot: TTM operating cash flow (~0.34B) and free cash flow (~0.16B) are positive, and 2025 also showed positive free cash flow. However, free cash flow fell meaningfully versus the prior period (TTM free cash flow growth ~-57%), and the history is volatile (notably negative operating and free cash flow in 2023), suggesting cash conversion can swing and may not consistently offset earnings pressure.

Breakdown	TTM	Jul 2025	Apr 2024	Apr 2023	Apr 2022	Apr 2021
Income Statement
Total Revenue	878.00M	789.46M	2.43B	2.42B	2.34B	2.16B
Gross Profit	284.51M	223.97M	419.56M	606.99M	622.66M	555.96M
EBITDA	327.33M	278.62M	255.47M	367.89M	444.79M	392.32M
Net Income	-709.70M	-834.39M	-129.16M	16.95M	100.03M	63.26M
Balance Sheet
Total Assets	777.25M	2.26B	3.11B	3.14B	2.58B	2.42B
Cash, Cash Equivalents and Short-Term Investments	9.91M	11.13M	13.12M	19.85M	23.14M	30.76M
Total Debt	1.06B	1.10B	2.39B	2.38B	1.70B	1.42B
Total Liabilities	1.37B	2.88B	2.86B	2.75B	2.09B	1.78B
Stockholders Equity	-681.61M	-697.27M	129.85M	318.82M	425.57M	581.18M
Cash Flow
Free Cash Flow	163.47M	346.46M	181.69M	-620.00M	-13.66M	93.51M
Operating Cash Flow	339.98M	346.46M	369.30M	-195.23M	260.18M	316.36M
Investing Cash Flow	-165.73M	-3.30M	-181.49M	-430.34M	-275.68M	-51.15M
Financing Cash Flow	-116.31M	-171.88M	-196.89M	628.18M	14.69M	-275.09M

Del Monte Pacific Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:D03, the sentiment is Negative. The current price of 0.1 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.09, and above the 200-day MA of 0.09, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 33.96 is Neutral, neither overbought nor oversold. The STOCH value of 17.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:D03.

Del Monte Pacific Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Q01	73 Outperform	S$569.52M	12.92	5.33%	5.62%	-0.51%	-25.57%
P34	72 Outperform	S$577.54M	11.33	9.80%	3.56%	-4.54%	-35.71%
5JS	70 Outperform	S$551.38M	5.12	8.01%	2.67%	13.03%	35.10%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
MV4	59 Neutral	S$465.21M	6.21	7.17%	2.72%	47.72%	16.14%
D03	56 Neutral	S$169.12M	3.29	147.49%	―	-48.05%	-364.94%

Del Monte Pacific Corporate Events

Del Monte Pacific Marks Key Milestones in U.S. Chapter 11 Restructuring

Del Monte Pacific said the U.S. Bankruptcy Court in New Jersey has approved a settlement among its U.S. debtors, lender groups, the unsecured creditors’ committee, and other stakeholders, as well as the sale of substantially all operating assets of the relevant debtor entities under Section 363. These approvals mark key milestones in the Chapter 11 restructuring, though the settlement plan still requires court confirmation and satisfaction of customary conditions, with no assurance of completion.

The company reiterated that it had already fully impaired US$703.5 million of related assets in FY2025, resulting in a complete write-down of its investment in the affected entities and no expected recovery on its equity interests. The approvals are aligned with the previously disclosed restructuring framework, do not change the earlier assessed financial impact, and follow the deconsolidation of these entities from DMPL’s accounts as of 1 May 2025, while the company continues to monitor the proceedings and update investors as required.

The most recent analyst rating on (SG:D03) stock is a Hold with a S$0.09 price target. To see the full list of analyst forecasts on Del Monte Pacific stock, see the SG:D03 Stock Forecast page.

Del Monte Pacific Distances Itself From U.S. Unit’s Chapter 11 Auction Outcomes

Del Monte Pacific Limited has clarified that its indirect U.S. subsidiary, Del Monte Foods, Inc., which is undergoing Chapter 11 proceedings, has completed a court-supervised auction that has yielded proposed transactions still subject to documentation, conditions and approval by the U.S. Bankruptcy Court. The parent company emphasized that it is not a debtor in the Chapter 11 process, has not participated in any transactions arising from the auction, and does not control the outcome, while continuing to monitor developments and evaluate their potential impact at the parent-company level in light of its prior deconsolidation of the U.S. food business and existing provisions on related exposures.

The most recent analyst rating on (SG:D03) stock is a Hold with a S$0.10 price target. To see the full list of analyst forecasts on Del Monte Pacific stock, see the SG:D03 Stock Forecast page.

Del Monte Pacific Completes 4.99% Sundrop Stake Sale, Agrees Further 1.45% Disposal

Del Monte Pacific Limited has completed the previously announced sale of a 4.99% equity stake in Sundrop Brands Limited by its indirect subsidiary DMPL India Limited to CAG-Tech (Mauritius) Limited, receiving approximately US$15 million in proceeds. The company has also signed an additional share purchase agreement to sell a further 1.45% stake in Sundrop Brands to an independent third-party buyer on substantially similar, arm’s length terms, with completion subject to customary conditions precedent, signalling continued steps in its planned divestment of this investment and potential reallocation of capital within the Group.

The most recent analyst rating on (SG:D03) stock is a Hold with a S$0.10 price target. To see the full list of analyst forecasts on Del Monte Pacific stock, see the SG:D03 Stock Forecast page.