Dole plc (DOLE) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+302.8%

$53.35

vs $13.25 price

Levered DCF

$17.86

After debt service

Piotroski score

8 / 9

Strong

Altman Z-score

2.86

Grey zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	27.76×	10.26×	7.98×	10.6×	-133.2×	25.89×	24.58×	154.26×
P/B	1.05×	0.99×	0.93×	0.79×	0.89×	2.52×	2.73×	11.38×
P/S	0.16×	0.15×	0.14×	0.11×	0.16×	0.31×	0.32×	1.29×
EV / EBITDA	6.92×	6.58×	5.94×	7.37×	35.48×	15.88×	19.42×	55.67×
Gross margin	7.8%	8.5%	8.4%	7.5%	5.8%	7.7%	7.3%	7.4%
Operating margin	2.4%	3.3%	3.3%	2.2%	-0.1%	1.5%	1.1%	2.0%
Net margin	0.7%	1.5%	1.5%	1.1%	-0.1%	1.2%	1.3%	0.8%
Current ratio	1.17×	1.18×	1.12×	1.1×	1.2×	1.06×	1.02×	1.08×
Debt / equity	0.91×	1.01×	1.15×	1.32×	1.61×	0.92×	1.04×	0.74×
Interest coverage	2.61×	3.88×	3.36×	3.11×	-0.32×	6.38×	3.95×	6.2×
Dividend yield	2.2%	2.4%	2.6%	3.3%	1.8%	0.9%	1.1%	0.3%
Payout ratio	47.8%	24.3%	24.5%	35.1%	-236.8%	22.6%	27.1%	41.5%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	4.8%	9.7%	9.9%	7.4%	-0.7%	9.8%	11.1%	7.4%
Return on invested capital	4.3%	6.5%	7.0%	5.3%	-0.3%	4.3%	3.4%	6.0%
Return on assets	1.4%	2.8%	2.7%	1.9%	-0.2%	2.8%	3.1%	2.2%
Free cash flow yield	-1.8%	15.8%	17.0%	15.4%	-5.1%	9.0%	3.6%	0.5%
Earnings yield	4.6%	9.8%	10.6%	9.4%	-0.8%	3.9%	4.1%	0.6%
Enterprise value	$2.4B	$2.3B	$2.3B	$2.2B	$2.4B	$1.7B	$1.7B	$5.9B
Net debt / EBITDA	2.81×	2.83×	2.95×	4.34×	21.55×	3.12×	4.29×	2.37×
Cash conversion cycle (days)	23	20	20	27	38	4	8	3