Smithfield Foods, Inc. (SFD) 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

+369.5%

$86.50

vs $18.43 price

Levered DCF

$146.61

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

3.19

Safe zone

Rating

A+

Overall 4 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2015	FY2014	FY2012
P/E	9.01×	8.47×	474.31×	9.27×	17.08×	17.22×	14.03×	16.26×
P/B	1.3×	1.33×	1.11×	1.06×	0×	1.62×	1.72×	0.96×
P/S	0.57×	0.55×	0.55×	0.48×	0.54×	0.54×	0.52×	0.23×
EV / EBITDA	5.92×	6.28×	26.29×	6.17×	0×	9.23×	8.67×	8.11×
Gross margin	13.5%	13.4%	6.1%	9.2%	10.5%	12.2%	11.8%	10.0%
Operating margin	8.3%	7.9%	-0.4%	6.9%	3.5%	5.5%	6.2%	3.9%
Net margin	6.4%	6.7%	0.1%	5.4%	3.1%	3.1%	3.7%	1.4%
Current ratio	2.97×	2.46×	2.01×	2.14×	0×	2.42×	2.55×	2.03×
Debt / equity	0.35×	0.4×	0.34×	0.33×	0×	0.47×	0.6×	0.81×
Interest coverage	31.51×	16.94×	-0.74×	12.84×	5.6×	5.93×	5.84×	3.08×
Dividend yield	4.5%	3.7%	4.0%	6.4%	2.4%	0.4%	0.0%	0.0%
Payout ratio	40.1%	30.2%	1900.0%	57.0%	40.7%	6.6%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2015	FY2014	FY2012
Return on equity	14.5%	16.3%	0.2%	11.8%	0.0%	9.4%	12.3%	5.9%
Return on invested capital	9.6%	8.9%	-0.4%	7.7%	0.0%	6.6%	7.7%	6.2%
Return on assets	8.1%	8.6%	0.1%	6.3%	0.0%	4.6%	5.5%	2.4%
Free cash flow yield	8.1%	10.1%	7.9%	2.3%	7.1%	5.4%	6.6%	-3.5%
Earnings yield	11.1%	12.2%	0.2%	11.2%	5.9%	5.8%	7.1%	6.2%
Enterprise value	$9.7B	$9.2B	$9.8B	$9.7B	$0	$9.4B	$10.1B	$5.2B
Net debt / EBITDA	0.52×	0.97×	4.75×	1.22×	0×	1.56×	1.97×	3.44×
Cash conversion cycle (days)	64	63	61	65	0	60	63	77