Associated British Foods plc (ASBFY) Stock

About Associated British Foods plc

Associated British Foods plc (ABF) is a global diversified enterprise, encompassing significant operations in food production, ingredient manufacturing, and retail. Its activities are organized across five principal segments: Grocery, Sugar, Agriculture, Ingredients, and Retail. The Grocery division is responsible for the manufacture and distribution of a broad spectrum of grocery items. This includes hot drinks, various sugars and sweeteners, cooking oils, specialty vinegars, a range of bread and baked goods, breakfast cereals, ethnic cuisine components, and meat products, supplied to retailers, wholesalers, and catering businesses alike. Within the Sugar segment, ABF engages in the cultivation, processing, and sale of both sugar beet and sugar cane, primarily catering to industrial clients. Its Agriculture division develops and markets animal feed products, in addition to offering a suite of other goods and services designed for the broader agricultural community. The Ingredients arm focuses on producing specialized components such as baker's yeast, various bakery ingredients, enzymes, lipids, yeast extracts, and unique cereal preparations. The Retail segment, operating through its well-known Primark and Penneys chains, is dedicated to sourcing and selling fashion apparel and accessories. Their extensive offerings span women's, men's, and children's clothing, footwear, various accessories, homeware essentials, and skincare products. Founded in 1935, ABF maintains its corporate headquarters in London, United Kingdom. Associated British Foods plc functions as a subsidiary of Wittington Investments Limited.

Associated British Foods plc is headquartered in GB.

Associated British Foods plc (ASBFY) stock trades at $28.71 with a market capitalization of $20.09B. The stock is valued at a price-to-earnings (P/E) ratio of 15.73, price-to-book of 1.31, price-to-sales of 0.76. Over the past 52 weeks the stock has ranged between $23.36 and $31.96, and currently trades 10.2% below its 52-week high. It pays a dividend yielding 1.92%.

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 $19.5B, net profit of $1.0B, revenue has compounded at 6.9% a year over the last five years, profit at 17.6% 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.

ASBFY has an average daily trading volume of 139,858 shares, a beta of 0.84.

Official website: www.abf.co.uk