# Kerry Group plc (KYGA.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Consumer Defensive / Food & Staples Retailing. Price €84.60, market value €13.4 billion.

## Valuation
- **P/E (trailing): 21.6×** (5-yr avg 21.2×, 3-yr avg 19.3×). Kerry Group plc trades at 21.6× trailing earnings, close to its own five-year average of 21.2×. The Consumer Defensive median in the September 2026 study was 20.1×. Forward P/E is 15.0×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.0×**. Each dollar of revenue is priced at 1.0×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 2.2×**. The shares trade at 2.2× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 6.5×**. Enterprise value is 6.5× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 7.8%** (5-yr avg 3.9%). Free cash flow equals 7.8% of the market value, above its five-year average of 3.9%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 4.6%**. The inverse of the P/E: 4.6% of the price is earned each year.

## Profitability
- **Gross margin: 84.0%**. Kerry Group plc keeps 84.0% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 13.1%**. 13.1% of revenue is left after running the business.
- **Net margin: 9.7%**. 9.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 11.1%**. 11.1% on shareholders' equity is solid.
- **Return on invested capital: 19.3%**. Return on all capital, debt included, is 19.3%: comfortably above what that capital costs.
- **Return on assets: 12.8%**. Each dollar of assets produces 12.8% of profit.

## Growth
- **Revenue growth (1 yr): -2.5%** (3-yr -8.3%/yr, 5-yr -0.6%/yr). Revenue fell 2.5% over the last year, against -0.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -4.8%** (3-yr 5.4%/yr, 5-yr 5.0%/yr). Earnings per share fell 4.8%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): -0.5%/yr**. Free cash flow has compounded at -0.5% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.44**. Debt is 0.44 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.9×**. It would take 0.9 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 10.2×**. Operating profit covers interest 10.2× over, a safe margin.
- **Current ratio: 1.68** (quick 1.10). Current assets cover the next year's liabilities 1.68 times.
- **Altman Z-score: 3.52**. A Z-score of 3.52 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 1.71%** (€1.44 per share, trailing). Kerry Group plc yields 1.71%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 33%** (33% of free cash flow). 33% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 10.1%/yr** (1-yr 10.2%). The dividend has compounded at 10.1% a year over five years, doubling roughly every 7 years at that pace.
- **Shareholder yield: 8.6%**. Dividends plus net buybacks return 8.6% of the market value a year.

## Analyst view
- **Analyst consensus: strong_buy** (6 analysts). 6 analysts cover Kerry Group plc; the consensus is strong_buy, with an average price target of €101.50 (+20% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 7.6%** (YTD 15.4%, 3-mo 15.3%). The shares are up 7.6% over twelve months including dividends.
- **From 52-week high: -5.2%** (31.5% above the low). Trading 5% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 52**. An RSI of 52 is neutral.
- **Beta (1 yr): 0.52** (volatility 37%). Beta of 0.52 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=KYGA.L · Page: https://foliofundamentals.com/stocks/kyga.l

Not investment advice.