Intrinsic value of Performance Food Group - PFGC

Previous Close

$26.95

  Intrinsic Value

$22.69

stock screener

  Rating & Target

hold

-16%

  Value-price divergence*

-42%

Previous close

$26.95

 
Intrinsic value

$22.69

 
Up/down potential

-16%

 
Rating

hold

 
Value-price divergence*

-42%

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of PFGC stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2016), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 2.7

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  5.47
  5.50
  5.45
  5.40
  5.36
  5.33
  5.30
  5.27
  5.24
  5.22
  5.19
  5.17
  5.16
  5.14
  5.13
  5.11
  5.10
  5.09
  5.08
  5.08
  5.07
  5.06
  5.05
  5.05
  5.04
  5.04
  5.04
  5.03
  5.03
  5.03
  5.02
Revenue, $m
  16,105
  16,991
  17,917
  18,885
  19,898
  20,958
  22,068
  23,230
  24,447
  25,722
  27,058
  28,458
  29,926
  31,465
  33,078
  34,769
  36,544
  38,405
  40,357
  42,405
  44,554
  46,809
  49,175
  51,658
  54,264
  56,999
  59,869
  62,882
  66,044
  69,364
  72,848
Variable operating expenses, $m
 
  16,138
  17,013
  17,929
  18,887
  19,890
  20,940
  22,039
  23,190
  24,396
  25,660
  26,916
  28,304
  29,760
  31,285
  32,885
  34,564
  36,324
  38,170
  40,107
  42,140
  44,273
  46,510
  48,859
  51,323
  53,910
  56,625
  59,474
  62,465
  65,605
  68,901
Fixed operating expenses, $m
 
  639
  655
  671
  688
  705
  722
  741
  759
  778
  797
  817
  838
  859
  880
  902
  925
  948
  972
  996
  1,021
  1,046
  1,073
  1,099
  1,127
  1,155
  1,184
  1,213
  1,244
  1,275
  1,307
Total operating expenses, $m
  15,903
  16,777
  17,668
  18,600
  19,575
  20,595
  21,662
  22,780
  23,949
  25,174
  26,457
  27,733
  29,142
  30,619
  32,165
  33,787
  35,489
  37,272
  39,142
  41,103
  43,161
  45,319
  47,583
  49,958
  52,450
  55,065
  57,809
  60,687
  63,709
  66,880
  70,208
Operating income, $m
  202
  215
  249
  285
  323
  363
  406
  451
  498
  548
  601
  725
  784
  846
  912
  982
  1,055
  1,133
  1,215
  1,302
  1,393
  1,490
  1,592
  1,700
  1,813
  1,933
  2,060
  2,194
  2,335
  2,484
  2,640
EBITDA, $m
  321
  350
  388
  428
  470
  515
  562
  611
  664
  719
  777
  839
  904
  972
  1,045
  1,121
  1,202
  1,287
  1,377
  1,472
  1,572
  1,678
  1,790
  1,907
  2,031
  2,162
  2,301
  2,446
  2,600
  2,762
  2,933
Interest expense (income), $m
  69
  61
  68
  76
  85
  94
  103
  113
  123
  133
  144
  156
  168
  181
  194
  208
  223
  239
  255
  272
  290
  309
  328
  349
  370
  393
  417
  442
  468
  496
  525
Earnings before tax, $m
  115
  154
  181
  209
  238
  270
  303
  338
  376
  415
  457
  569
  615
  665
  718
  773
  832
  894
  960
  1,030
  1,104
  1,181
  1,264
  1,351
  1,443
  1,540
  1,643
  1,752
  1,867
  1,988
  2,116
Tax expense, $m
  47
  42
  49
  56
  64
  73
  82
  91
  101
  112
  123
  154
  166
  180
  194
  209
  225
  241
  259
  278
  298
  319
  341
  365
  390
  416
  444
  473
  504
  537
  571
Net income, $m
  68
  112
  132
  152
  174
  197
  221
  247
  274
  303
  334
  415
  449
  486
  524
  564
  607
  653
  701
  752
  806
  862
  923
  986
  1,053
  1,124
  1,199
  1,279
  1,363
  1,451
  1,544

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  11
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  3,455
  3,634
  3,832
  4,039
  4,255
  4,482
  4,719
  4,968
  5,228
  5,501
  5,787
  6,086
  6,400
  6,729
  7,074
  7,436
  7,815
  8,213
  8,631
  9,069
  9,528
  10,010
  10,516
  11,047
  11,605
  12,190
  12,803
  13,448
  14,124
  14,834
  15,579
Adjusted assets (=assets-cash), $m
  3,444
  3,634
  3,832
  4,039
  4,255
  4,482
  4,719
  4,968
  5,228
  5,501
  5,787
  6,086
  6,400
  6,729
  7,074
  7,436
  7,815
  8,213
  8,631
  9,069
  9,528
  10,010
  10,516
  11,047
  11,605
  12,190
  12,803
  13,448
  14,124
  14,834
  15,579
Revenue / Adjusted assets
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
  4.676
Average production assets, $m
  784
  833
  878
  925
  975
  1,027
  1,081
  1,138
  1,198
  1,260
  1,326
  1,394
  1,466
  1,542
  1,621
  1,704
  1,791
  1,882
  1,977
  2,078
  2,183
  2,294
  2,410
  2,531
  2,659
  2,793
  2,934
  3,081
  3,236
  3,399
  3,570
Working capital, $m
  622
  646
  681
  718
  756
  796
  839
  883
  929
  977
  1,028
  1,081
  1,137
  1,196
  1,257
  1,321
  1,389
  1,459
  1,534
  1,611
  1,693
  1,779
  1,869
  1,963
  2,062
  2,166
  2,275
  2,390
  2,510
  2,636
  2,768
Total debt, $m
  1,146
  1,288
  1,441
  1,600
  1,766
  1,941
  2,123
  2,314
  2,515
  2,724
  2,944
  3,174
  3,416
  3,669
  3,934
  4,212
  4,504
  4,810
  5,131
  5,468
  5,821
  6,192
  6,581
  6,989
  7,418
  7,868
  8,340
  8,835
  9,355
  9,901
  10,474
Total liabilities, $m
  2,653
  2,794
  2,947
  3,106
  3,272
  3,447
  3,629
  3,820
  4,021
  4,230
  4,450
  4,680
  4,922
  5,175
  5,440
  5,718
  6,010
  6,316
  6,637
  6,974
  7,327
  7,698
  8,087
  8,495
  8,924
  9,374
  9,846
  10,341
  10,861
  11,407
  11,980
Total equity, $m
  803
  839
  885
  933
  983
  1,035
  1,090
  1,148
  1,208
  1,271
  1,337
  1,406
  1,478
  1,554
  1,634
  1,718
  1,805
  1,897
  1,994
  2,095
  2,201
  2,312
  2,429
  2,552
  2,681
  2,816
  2,958
  3,106
  3,263
  3,427
  3,599
Total liabilities and equity, $m
  3,456
  3,633
  3,832
  4,039
  4,255
  4,482
  4,719
  4,968
  5,229
  5,501
  5,787
  6,086
  6,400
  6,729
  7,074
  7,436
  7,815
  8,213
  8,631
  9,069
  9,528
  10,010
  10,516
  11,047
  11,605
  12,190
  12,804
  13,447
  14,124
  14,834
  15,579
Debt-to-equity ratio
  1.427
  1.530
  1.630
  1.710
  1.800
  1.870
  1.950
  2.020
  2.080
  2.140
  2.200
  2.260
  2.310
  2.360
  2.410
  2.450
  2.490
  2.540
  2.570
  2.610
  2.640
  2.680
  2.710
  2.740
  2.770
  2.790
  2.820
  2.840
  2.870
  2.890
  2.910
Adjusted equity ratio
  0.230
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231
  0.231

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  68
  112
  132
  152
  174
  197
  221
  247
  274
  303
  334
  415
  449
  486
  524
  564
  607
  653
  701
  752
  806
  862
  923
  986
  1,053
  1,124
  1,199
  1,279
  1,363
  1,451
  1,544
Depreciation, amort., depletion, $m
  119
  136
  139
  143
  147
  152
  156
  161
  166
  171
  176
  114
  120
  126
  133
  140
  147
  154
  162
  170
  179
  188
  198
  207
  218
  229
  240
  253
  265
  279
  293
Funds from operations, $m
  233
  248
  271
  296
  321
  348
  377
  408
  440
  474
  510
  529
  569
  612
  657
  704
  754
  807
  863
  922
  985
  1,050
  1,120
  1,194
  1,271
  1,353
  1,440
  1,531
  1,628
  1,730
  1,837
Change in working capital, $m
  -2
  34
  35
  37
  38
  40
  42
  44
  46
  48
  51
  53
  56
  58
  61
  64
  67
  71
  74
  78
  82
  86
  90
  94
  99
  104
  109
  114
  120
  126
  132
Cash from operations, $m
  235
  214
  236
  259
  283
  308
  335
  363
  393
  425
  459
  476
  514
  553
  595
  640
  687
  736
  789
  844
  903
  965
  1,030
  1,099
  1,172
  1,249
  1,331
  1,417
  1,508
  1,603
  1,705
Maintenance CAPEX, $m
  0
  -64
  -68
  -72
  -76
  -80
  -84
  -89
  -93
  -98
  -103
  -109
  -114
  -120
  -126
  -133
  -140
  -147
  -154
  -162
  -170
  -179
  -188
  -198
  -207
  -218
  -229
  -240
  -253
  -265
  -279
New CAPEX, $m
  -120
  -49
  -45
  -47
  -50
  -52
  -54
  -57
  -60
  -62
  -65
  -69
  -72
  -75
  -79
  -83
  -87
  -91
  -96
  -100
  -105
  -110
  -116
  -122
  -128
  -134
  -141
  -148
  -155
  -163
  -171
Cash from investing activities, $m
  -158
  -113
  -113
  -119
  -126
  -132
  -138
  -146
  -153
  -160
  -168
  -178
  -186
  -195
  -205
  -216
  -227
  -238
  -250
  -262
  -275
  -289
  -304
  -320
  -335
  -352
  -370
  -388
  -408
  -428
  -450
Free cash flow, $m
  77
  102
  122
  139
  157
  176
  197
  218
  241
  265
  290
  299
  327
  358
  390
  424
  460
  498
  539
  582
  627
  675
  726
  780
  837
  897
  961
  1,029
  1,100
  1,176
  1,255
Issuance/(repayment) of debt, $m
  -291
  144
  152
  159
  167
  174
  183
  191
  200
  210
  220
  230
  241
  253
  265
  278
  292
  306
  321
  337
  353
  371
  389
  408
  429
  450
  472
  495
  520
  546
  573
Issuance/(repurchase) of shares, $m
  228
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -76
  144
  152
  159
  167
  174
  183
  191
  200
  210
  220
  230
  241
  253
  265
  278
  292
  306
  321
  337
  353
  371
  389
  408
  429
  450
  472
  495
  520
  546
  573
Total cash flow (excl. dividends), $m
  2
  246
  275
  299
  324
  351
  379
  409
  441
  474
  510
  529
  569
  611
  655
  702
  752
  804
  860
  919
  981
  1,046
  1,115
  1,188
  1,266
  1,347
  1,433
  1,524
  1,620
  1,721
  1,828
Retained Cash Flow (-), $m
  -310
  -45
  -46
  -48
  -50
  -52
  -55
  -57
  -60
  -63
  -66
  -69
  -72
  -76
  -80
  -84
  -88
  -92
  -96
  -101
  -106
  -111
  -117
  -123
  -129
  -135
  -142
  -149
  -156
  -164
  -172
Prev. year cash balance distribution, $m
 
  9
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  210
  229
  251
  274
  298
  324
  352
  381
  411
  444
  460
  496
  535
  576
  619
  664
  713
  764
  817
  874
  935
  998
  1,066
  1,137
  1,212
  1,292
  1,375
  1,464
  1,557
  1,656
Discount rate, %
 
  8.60
  9.03
  9.48
  9.96
  10.45
  10.98
  11.52
  12.10
  12.71
  13.34
  14.01
  14.71
  15.44
  16.22
  17.03
  17.88
  18.77
  19.71
  20.70
  21.73
  22.82
  23.96
  25.16
  26.42
  27.74
  29.12
  30.58
  32.11
  33.71
  35.40
PV of cash for distribution, $m
 
  193
  193
  191
  187
  181
  174
  164
  153
  140
  127
  109
  96
  83
  70
  59
  48
  38
  30
  23
  17
  12
  9
  6
  4
  3
  2
  1
  1
  0
  0
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. It operates in three operating segments: Performance Foodservice, PFG Customized, and Vistar. The company offers a range of frozen foods, such as meats, fully prepared appetizers and entrees, fruits, vegetables, and desserts; canned and dry foods; fresh meats; dairy products; beverage products; imported specialties; fresh produce; and candy, snack, and other products, as well as seafood products, shortenings and oils, baked goods, and salad dressings. It also supplies various non-food items, such as paper products, including pizza boxes, disposable napkins, plates, and cups; tableware comprising china and silverware; cookware consisting of pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. In addition, the company provides value-added services related to foodservice distribution, such as providing customers with electronic order-taking, payment, and other Internet based services; and various reports and other data, menu planning advice, food safety training, and assistance in inventory control, as well as access to various third-party services designed to add value to its customersÂ’ businesses. It serves street restaurants; and chain restaurants, schools, business and industry locations, hospitals, vending distributors, office coffee service distributors, big box retailers, and theaters, as well as franchises and other institutional customers. Performance Food Group Company was founded in 2002 and is headquartered in Richmond, Virginia.

FINANCIAL RATIOS  of  Performance Food Group (PFGC)

Valuation Ratios
P/E Ratio 39.6
Price to Sales 0.2
Price to Book 3.4
Price to Tangible Book
Price to Cash Flow 11.5
Price to Free Cash Flow 23.4
Growth Rates
Sales Growth Rate 5.5%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 21.2%
Cap. Spend. - 3 Yr. Gr. Rate 12.7%
Financial Strength
Quick Ratio 6
Current Ratio 0
LT Debt to Equity 142.5%
Total Debt to Equity 142.7%
Interest Coverage 3
Management Effectiveness
Return On Assets 3.2%
Ret/ On Assets - 3 Yr. Avg. 2.6%
Return On Total Capital 3.5%
Ret/ On T. Cap. - 3 Yr. Avg. 2.4%
Return On Equity 10.5%
Return On Equity - 3 Yr. Avg. 8.8%
Asset Turnover 4.7
Profitability Ratios
Gross Margin 12.5%
Gross Margin - 3 Yr. Avg. 12.3%
EBITDA Margin 1.9%
EBITDA Margin - 3 Yr. Avg. 1.8%
Operating Margin 1.3%
Oper. Margin - 3 Yr. Avg. 1%
Pre-Tax Margin 0.7%
Pre-Tax Margin - 3 Yr. Avg. 0.5%
Net Profit Margin 0.4%
Net Profit Margin - 3 Yr. Avg. 0.3%
Effective Tax Rate 40.9%
Eff/ Tax Rate - 3 Yr. Avg. 42.9%
Payout Ratio 0%

PFGC stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the PFGC stock intrinsic value calculation we used $16105 million for the last fiscal year's total revenue generated by Performance Food Group. The default revenue input number comes from 2016 income statement of Performance Food Group. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our PFGC stock valuation model: a) initial revenue growth rate of 5.5% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 8.6%, whose default value for PFGC is calculated based on our internal credit rating of Performance Food Group, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Performance Food Group.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of PFGC stock the variable cost ratio is equal to 95%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $623 million in the base year in the intrinsic value calculation for PFGC stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.3% for Performance Food Group.

Corporate tax rate of 27% is the nominal tax rate for Performance Food Group. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the PFGC stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for PFGC are equal to 4.9%.

Life of production assets of 12.2 years is the average useful life of capital assets used in Performance Food Group operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for PFGC is equal to 3.8%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $803 million for Performance Food Group - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 101.903 million for Performance Food Group is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Performance Food Group at the current share price and the inputted number of shares is $2.7 billion.

RELATED COMPANIES Price Int.Val. Rating
SYY Sysco 51.17 81.82  str.buy
CHEF Chefs' War 17.50 17.12  buy
UNFI United Natural 35.79 21.40  sell
SPTN SpartanNash 24.24 29.00  hold
CORE Core-Mark Hold 26.51 18.69  sell
USFD US Foods Holdi 26.62 42.25  str.buy

COMPANY NEWS

▶ Performance Food posts 4Q profit   [Aug-16-17 10:26PM  Associated Press]
▶ Top Ranked Growth Stocks to Buy for July 5th   [Jul-05-17 09:17AM  Zacks]
▶ Performance Food posts 3Q profit   [07:28AM  Associated Press]
▶ Performance Food posts 2Q profit   [06:36AM  Associated Press]
▶ [$$] Blackstone Selling Shares of Performance Food   [Jan-11-17 11:52AM  at The Wall Street Journal]
▶ Performance Food appoints Tom Ondrof chief financial officer   [Sep-22-16 08:40AM  at MarketWatch]
Stock chart of PFGC Financial statements of PFGC
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.