Del Monte Corp (DMC)

Agricultural Production-Crops

Latest Price

$28.63

TTM P/E

40.32

Normalized P/E

19.24

TTM Div Yield

4.19%

Fwd Div Yield

4.19%

Book Value

42.19

P/B Ratio

0.68

Valuation metrics

EPS: $1.88

Book value / share: $42.56

Formula: √(22.5 × EPS × BVPS)

Graham Number

$42.43

+48% upside

Norm. op. income: $126M (median of 6yr)

Tax rate: 17%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$19.05

33% downside

Base FCF: $120M (median of recent 5yr)

Growth: 9%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$54.47

+90% upside

EPS: $1.88

Target P/E: 19×

Formula: EPS × P/E

P/E Fair Value

$35.72

+25% upside