Associated British Foods plc (ASBFF) Stock

About Associated British Foods plc

Associated British Foods plc (ABF) is a global diversified entity engaged in the production of food, manufacturing of ingredients, and retail operations. Its extensive business activities are organized into five primary divisions: Grocery, Sugar, Agriculture, Ingredients, and Retail. Within the Grocery segment, ABF manufactures and distributes a broad spectrum of food products, including hot beverages, various sweeteners, cooking oils (such as balsamic vinegars), baked goods, breakfast cereals, ethnic dishes, and meat products. These items are supplied to a diverse customer base spanning retail outlets, wholesale distributors, and foodservice providers. The Sugar division is dedicated to the cultivation, processing, and sale of both beet and cane sugar, primarily catering to industrial clients. ABF's Agriculture segment focuses on producing and marketing animal feed, alongside offering supplementary products and services to the farming sector. The Ingredients division specializes in creating various components like baker's yeast, different bakery additives, enzymes, lipids, yeast extracts, and unique cereal-based products. Finally, the Retail segment is responsible for sourcing and marketing clothing and accessories through its popular Primark and Penneys store networks. These chains provide an array of fashion for women, men, and children, as well as accessories, homeware, and beauty items. Founded in 1934, Associated British Foods plc maintains its headquarters in London, United Kingdom, and functions as a subsidiary of Wittington Investments Limited.

Associated British Foods plc is headquartered in GB.

Associated British Foods plc (ASBFF) stock trades at $25.66 with a market capitalization of $17.96B. The stock is valued at a price-to-earnings (P/E) ratio of 15.01, price-to-book of 1.25, price-to-sales of 0.73. Over the past 52 weeks the stock has ranged between $23.18 and $31.08, and currently trades 17.4% below its 52-week high. It pays a dividend yielding 2.18%.

On profitability, Associated British Foods plc generates a return on equity (ROE) of 8.44%, return on capital employed of 9.35%, an operating margin of 7.53%, a net profit margin of 4.89%.

In its most recent fiscal year, Associated British Foods plc reported annual revenue of $26.1B, net profit of $1.4B, revenue has compounded at 13.4% a year over the last five years, profit at 24.8% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.33 — a conservative balance sheet with little leverage risk, a current ratio of 1.51, total assets of $19.3B, $1.1B in cash and equivalents.

ASBFF has an average daily trading volume of 110 shares, a beta of 0.80 (less volatile than the overall market).

Official website: www.abf.co.uk