Hormel Competitors

Stocks . USA . 
Stock . Hormel Foods
HRL Stock  USD 34.74  0.36  1.05%   
Hormel Foods competes with Greenlane Holdings, 22nd Century, Pyxus International, and Japan Tobacco; as well as few others. The company runs under Food Products sector within Consumer Staples industry. Analyzing Hormel Foods competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Hormel Foods to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Hormel Foods Correlation with its peers.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Hormel Foods competition on your existing holdings.
  
At this time, Hormel Foods' Return On Capital Employed is quite stable compared to the past year. Return On Assets is expected to rise to 0.07 this year, although the value of Return On Tangible Assets will most likely fall to 0.1. At this time, Hormel Foods' Intangibles To Total Assets are quite stable compared to the past year. Debt To Assets is expected to rise to 0.27 this year, although the value of Other Current Assets will most likely fall to about 24.4 M.
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hormel Foods' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
32.0034.2436.48
Details
Intrinsic
Valuation
LowRealHigh
28.8531.0937.82
Details
Naive
Forecast
LowNextHigh
32.5034.7436.99
Details
12 Analysts
Consensus
LowTargetHigh
31.3334.4338.22
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hormel Foods. Your research has to be compared to or analyzed against Hormel Foods' peers to derive any actionable benefits. When done correctly, Hormel Foods' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hormel Foods.

Hormel Foods Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Hormel Foods and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Hormel and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Hormel Foods does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
JAPAY
+ 0.73
PYYX
CBDW
+ 0.57
XXII
PYYX
+ 0.52
GNLN
JAPAY
+ 0.37
GNLN
XXII
+ 0.21
GGII
CBDW
+ 0.17
GGII
  
High negative correlations   
PYYX
- 0.66
XXII
PYYX
- 0.59
CBDW
JAPAY
- 0.49
XXII
XXII
- 0.48
GNLN
CBDW
- 0.28
GNLN
JAPAY
- 0.27
PHJMF

Risk-Adjusted Indicators

There is a big difference between Hormel Stock performing well and Hormel Foods Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Hormel Foods' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Hormel Foods and related stocks such as Green Globe International, Greenlane Holdings, and 22nd Century Group Net Income Over Time
Select Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity
201020112012201320142015201620172018201920202021202220232024
GNLN87 K87 K87 K87 K87 K87 K87 K2.3 M(5.9 M)(39.3 M)(47.7 M)(53.4 M)(125.9 M)(113.3 M)(107.6 M)
XXII(59.8 K)(1.4 M)(6.7 M)(26.2 M)(15.6 M)(11 M)(11.6 M)(13 M)(8 M)(24.2 M)(19.7 M)(32.6 M)(59.8 M)(140.8 M)(133.7 M)

Hormel Foods and related stocks such as Green Globe International, Greenlane Holdings, and 22nd Century Group Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Hormel Foods financial statement analysis. It represents the amount of money remaining after all of Hormel Foods operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Hormel Foods Competitive Analysis

The better you understand Hormel Foods competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Hormel Foods' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Hormel Foods' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
HRL GGII GNLN XXII CBDW PHJMF PYYX JAPAY
 1.05 
 34.74 
Hormel
 16.67 
 0.0007 
Green
 4.55 
 0.63 
Greenlane
 5.26 
 1.62 
22nd
 1.67 
 0.03 
1606
 19.80 
 0.04 
PHJMF
 11.76 
 3.00 
Pyxus
 0.76 
 13.20 
Japan
Market Volatility
(90 Days Market Risk)
Very steady
Out of control
Dangerous
Very risky
Out of control
Out of control
Extremely Dangerous
Very steady
Market Performance
(90 Days Performance)
OK
Modest
OK
Weak
Very Weak
Insignificant
OK
Insignificant
Odds of Financial Distress
(Probability Of Bankruptcy)
Very Low
Average
About Average
High
Quite High
Low
Above Average
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Under Valued
Under Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Hold
Not Available
Hold
Hold
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Sell
Current Ratio
2.40 X
0.37 X
1.65 X
3.45 X
N/A
1.97 X
1.70 X
1.78 X
Net Asset
13.45 B
N/A
146.05 M
27.5 M
N/A
53.09 T
1.7 B
5.77 T
Profit Margin
0.07 %
(0.72) %
(0.51) %
N/A
N/A
0.15 %
(0.04) %
0.16 %
EBITDA
1.37 B
(2.09 M)
(42.99 M)
(37.14 M)
N/A
9.18 T
55.58 M
703.4 B
Operating Margin
0.09 %
(0.61) %
(0.58) %
(0.88) %
(23.33) %
N/A
0.06 %
0.23 %
Current Valuation
21.16 B
7.03 M
9.25 M
20.28 M
N/A
6.6 B
1.12 B
37.17 B
Price To Book
2.37 X
N/A
0.15 X
0.38 X
N/A
4.20 X
0.03 X
1.33 X
Retained Earnings
7.49 B
N/A
(171.37 M)
(378.71 M)
N/A
8.82 T
N/A
N/A
Current Asset
2.03 B
N/A
98.21 M
7.15 M
N/A
33.97 T
N/A
N/A
Five Year Return
1.97 %
N/A
N/A
N/A
N/A
N/A
N/A
6.26 %
Beta
0.28
59.09
1.9
1.49
N/A
0.44
0.64
0.44
Number Of Employees
20 K
12
145
64
2
20.79 K
3 K
55.38 K
Shares Outstanding
547.69 M
3.7 B
3.73 M
5.6 M
N/A
116.32 B
25 M
3.55 B
Cash Flow From Operations
1.05 B
(730.96 K)
(26.43 M)
(54.99 M)
N/A
10.3 T
(198.76 M)
598.91 B
Annual Yield
0.03 %
N/A
N/A
N/A
N/A
0.06 %
N/A
0.06 %
Total Debt
3.31 B
2.2 M
19.8 M
16.38 M
N/A
9.77 M
580.48 M
775.72 B
Return On Equity
0.1
-0.36
-0.68
-1.25
N/A
0.24
-0.4
0.12
Z Score
N/A
2.4
N/A
N/A
N/A
N/A
N/A
N/A
Return On Asset
0.0491
-0.14
-0.17
-0.37
-3.83
0.1
0.0365
0.0589
Number Of Shares Shorted
10.14 M
N/A
10.68 K
3.07 M
N/A
N/A
N/A
N/A
Book Value Per Share
14.32 X
0.58 X
4.47 X
(3.09) X
(0.02) X
0.02 X
6.02 X
1,068 X
Current Liabilities
1.05 B
N/A
28.53 M
3.16 M
N/A
10.16 T
N/A
N/A
Total Asset
13.45 B
N/A
146.05 M
27.5 M
N/A
53.09 T
1.7 B
5.77 T
Debt To Equity
0.45 %
0.81 %
0.10 %
0.07 %
N/A
0.03 %
7.80 %
0.27 %
Short Ratio
2.82 X
N/A
0.07 X
2.38 X
N/A
N/A
N/A
N/A
Target Price
32.29
N/A
7.9
720.0
N/A
N/A
N/A
7.5
Last Dividend Paid
1.11
N/A
N/A
N/A
N/A
N/A
N/A
150.0
Shares Owned By Institutions
89.24 %
N/A
13.95 %
6.56 %
N/A
0.75 %
72.63 %
N/A
Market Capitalization
18.83 B
10.36 M
2.46 M
9.58 M
N/A
7.91 B
10 M
36.8 B
Price To Earning
27.15 X
N/A
10.87 X
(16.17) X
N/A
N/A
N/A
11.74 X
Price To Earnings To Growth
2.96 X
N/A
N/A
N/A
N/A
N/A
N/A
12.03 X
Price To Sales
1.53 X
1.49 X
0.03 X
0.43 X
N/A
1.02 X
0 X
0.01 X
Net Income
792.92 M
(1.86 M)
(125.86 M)
(54.69 M)
N/A
7.14 T
(82.12 M)
472.39 B
Earnings Per Share
1.45 X
(0.16) X
114.04 X
(49.92) X
N/A
N/A
(3.29) X
0.86 X
Shares Owned By Insiders
0.20 %
N/A
0.97 %
11.35 %
N/A
92.00 %
N/A
N/A
Revenue
12.11 B
3.71 M
137.09 M
32.2 M
20.72 K
98.87 T
1.64 B
2.32 T
Working Capital
985.47 M
N/A
41.04 M
(8.76 M)
N/A
23.81 T
N/A
N/A
Cash And Equivalents
982.11 M
249.46 K
9.13 M
43.72 M
N/A
1.5 B
165.44 M
786.28 B
Cash Per Share
1.59 X
0.01 X
1.24 X
0.20 X
N/A
0.01 X
6.62 X
221.51 X
Gross Profit
2 B
336.37 K
27.68 M
(3.06 M)
12.37 K
16.92 T
227.06 M
1.37 T
Day Typical Price
34.63
7.0E-4
0.64
1.61
0.031
0.0382
3.13
13.14
Accumulation Distribution
28487.46
434260.0
223354.0
39455.29
0.13
176458.0
0.12
415.46
Market Facilitation Index
N/A
N/A
N/A
0.0
0.0045
N/A
0.4
0.0
Daily Balance Of Power
0.8571
1.0
(0.21)
(0.45)
(0.11)
(1.74)
(1.00)
0.4
Period Momentum Indicator
0.36
1.0E-4
(0.03)
(0.09)
(0.0005)
(0.01)
(0.40)
0.1
Rate Of Daily Change
1.01
1.17
0.95
0.95
0.98
0.8
0.88
1.01
Day Median Price
34.58
7.0E-4
0.65
1.6
0.0318
0.0373
3.2
13.11
Price Action Indicator
0.34
1.0E-4
(0.04)
(0.03)
(0)
(0)
(0.40)
0.14
Coefficient Of Variation
1222.45
2067.0
973.65
13630.5
5390.37
7263.96
822.7
4959.82
Mean Deviation
1.19
10.85
5.02
7.1
12.17
4.12
5.89
0.6238
Jensen Alpha
0.1885
0.5468
0.7242
(0.19)
0.1992
0.1228
1.33
(0)
Total Risk Alpha
(0.04)
(0.86)
0.0442
(1.68)
(1.26)
(0.73)
0.2919
(0.07)
Sortino Ratio
0.068
0.0511
0.1054
0.0067
0.0152
0.0027
0.1134
(0.06)
Downside Variance
2.78
252.58
36.49
113.59
240.33
413.83
132.19
0.6837
Standard Deviation
2.22
18.22
6.86
19.14
16.36
8.91
11.29
0.7836
Kurtosis
27.16
13.12
4.13
46.06
3.17
2.66
8.25
(0.58)
Potential Upside
1.83
16.67
11.76
6.91
23.21
20.0
23.0
1.39
Treynor Ratio
(0.61)
0.1573
(1.39)
0.0241
0.1822
(0.65)
2.64
0.0448
Maximum Drawdown
20.06
120.0
42.4
180.71
105.8
48.57
79.21
3.19
Variance
4.95
331.94
47.12
366.46
267.69
79.38
127.43
0.6141
Market Risk Adjusted Performance
(0.60)
0.1673
(1.38)
0.0341
0.1922
(0.64)
2.65
0.0548
Risk Adjusted Performance
0.0578
0.0396
0.0726
0.0142
0.0211
0.0178
0.0846
0.0146
Skewness
3.89
2.79
1.17
6.08
0.8395
(0.01)
2.17
0.0548
Semi Deviation
1.5
10.01
5.24
9.34
14.34
6.53
5.57
0.7754
Information Ratio
0.051
0.0446
0.0927
0.0038
0.0144
0.0061
0.1155
(0.07)
Value At Risk
(2.19)
(14.29)
(10.87)
(13.51)
(22.89)
(16.67)
(11.76)
(1.31)
Expected Short fall
(1.24)
(24.76)
(6.23)
(9.15)
(13.69)
(19.52)
(13.37)
(0.62)
Downside Deviation
1.67
15.89
6.04
10.66
15.5
20.34
11.5
0.8268
Semi Variance
2.24
100.13
27.42
87.23
205.68
42.69
31.08
0.6012

Hormel Foods Competition Performance Charts

Five steps to successful analysis of Hormel Foods Competition

Hormel Foods' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Hormel Foods in relation to its competition. Hormel Foods' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Hormel Foods in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Hormel Foods' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Hormel Foods, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Hormel Foods position

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When determining whether Hormel Foods is a strong investment it is important to analyze Hormel Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hormel Foods' future performance. For an informed investment choice regarding Hormel Stock, refer to the following important reports:
How To Invest In Hormel
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Is Hormel Stock a good investment?
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What is Hormel Foods' Net Worth?
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Largest Packaged Foods & Meats Companies
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Largest Food, Beverage & Tobacco Companies
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Check out Hormel Foods Correlation with its peers.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running Hormel Foods' price analysis, check to measure Hormel Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hormel Foods is operating at the current time. Most of Hormel Foods' value examination focuses on studying past and present price action to predict the probability of Hormel Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hormel Foods' price. Additionally, you may evaluate how the addition of Hormel Foods to your portfolios can decrease your overall portfolio volatility.
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Is Hormel Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hormel Foods. If investors know Hormel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hormel Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.004
Dividend Share
1.108
Earnings Share
1.45
Revenue Per Share
22.203
Quarterly Revenue Growth
0.009
The market value of Hormel Foods is measured differently than its book value, which is the value of Hormel that is recorded on the company's balance sheet. Investors also form their own opinion of Hormel Foods' value that differs from its market value or its book value, called intrinsic value, which is Hormel Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hormel Foods' market value can be influenced by many factors that don't directly affect Hormel Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Earnings
Projections
Details
Please note, there is a significant difference between Hormel Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hormel Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hormel Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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