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NASDAQ: IMKTA
Ingles Markets Inc Stock

$88.88+0.77 (+0.87%)
Updated Mar 27, 2023
IMKTA Price
$88.88
Fair Value Price
$102.33
Market Cap
$1.69B
52 Week Low
$78.32
52 Week High
$102.99
P/E
5.99x
P/B
1.27x
P/S
0.33x
PEG
0.29x
Dividend Yield
0.74%
Revenue
$5.78B
Earnings
$275.94M
Gross Margin
24.8%
Operating Margin
6.71%
Profit Margin
4.8%
Debt to Equity
0.77
Operating Cash Flow
$302M
Beta
0.49
Next Earnings
May 3, 2023
Ex-Dividend
N/A
Next Dividend
N/A

IMKTA Overview

Ingles Markets, Incorporated operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company also owns and operates a milk processing and packaging plant that supplies organic milk, fruit juices, and bottled water products to other retailers, food service distributors, and grocery warehouses. In addition, it provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as broad selections of local organic, beverage, and health-related items. As of September 25, 2021, the company operated 189 supermarkets under the brand name Ingles, and nine supermarkets under the brand name Sav-Mor in western North Carolina, western South Carolina, northern Georgia, eastern Tennessee, southwestern Virginia, and northeastern Alabama, as well as 111 pharmacies and 107 fuel stations. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.

Zen Score

Industry Average (32)
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Due Diligence Checks

IMKTA ($88.88) is undervalued by 13.14% relative to our estimate of its Fair Value price of $102.33 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
IMKTA ($88.88) is not significantly undervalued (13.14%) relative to our estimate of its Fair Value price of $102.33 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
IMKTA ($88.88) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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IMKTA News

Valuation

IMKTA fair value

Fair Value of IMKTA stock based on Discounted Cash Flow (DCF)
Price
$88.88
Fair Value
$102.33
Undervalued by
13.14%
IMKTA ($88.88) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
IMKTA ($88.88) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
IMKTA ($88.88) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

IMKTA price to earnings (PE)

For valuing profitable companies with steady earnings
Company
5.99x
Industry
8.46x
Market
21.44x
IMKTA is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
IMKTA is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

IMKTA price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.27x
Industry
3.43x
IMKTA is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

IMKTA price to earnings growth (PEG)

For valuing profitable companies with growth potential
IMKTA is good value based... subscribe to Premium to read more.
PEG Value Valuation

IMKTA's financial health

Profit margin

Revenue
$1.5B
Net Income
$69.4M
Profit Margin
4.6%
IMKTA's Earnings (EBIT) of $387.98M... subscribe to Premium to read more.
Interest Coverage Financials
IMKTA's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.3B
Liabilities
$1.0B
Debt to equity
0.77
IMKTA's short-term assets ($858.57M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
IMKTA's short-term assets ($858.57M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
IMKTA's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
IMKTA's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$57.3M
Investing
-$58.2M
Financing
-$10.7M
IMKTA's operating cash flow ($301.78M)... subscribe to Premium to read more.
Debt Coverage Financials

IMKTA vs Grocery Store Stocks

TickerMarket Cap1d %P/EP/B
IMKTA$1.69B+0.87%5.99x1.27x
WMK$2.26B+1.72%18.05x1.73x
DDL$846.12M-0.83%-6.53x18.74x
DNUT$2.59B-2.10%-153.80x2.16x
GO$2.75B+2.88%42.07x2.48x

Ingles Markets Stock FAQ

What is Ingles Markets's quote symbol?

NASDAQ: IMKTA) Ingles Markets trades on the NASDAQ under the ticker symbol IMKTA. Ingles Markets stock quotes can also be displayed as NASDAQ: IMKTA.

If you're new to stock investing, here's how to buy Ingles Markets stock.

What is the 52 week high and low for Ingles Markets (NASDAQ: IMKTA)?

(NASDAQ: IMKTA) Ingles Markets's 52-week high was $102.99, and its 52-week low was $78.32. It is currently -13.7% from its 52-week high and 13.48% from its 52-week low.

How much is Ingles Markets stock worth today?

(NASDAQ: IMKTA) Ingles Markets currently has 18,994,376 outstanding shares. With Ingles Markets stock trading at $88.88 per share, the total value of Ingles Markets stock (market capitalization) is $1.69B.

Ingles Markets stock was originally listed at a price of $14.25 in Dec 31, 1997. If you had invested in Ingles Markets stock at $14.25, your return over the last 25 years would have been 523.72%, for an annualized return of 7.6% (not including any dividends or dividend reinvestments).

How much is Ingles Markets's stock price per share?

(NASDAQ: IMKTA) Ingles Markets stock price per share is $88.88 today (as of Mar 27, 2023).

What is Ingles Markets's Market Cap?

(NASDAQ: IMKTA) Ingles Markets's market cap is $1.69B, as of Mar 28, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Ingles Markets's market cap is calculated by multiplying IMKTA's current stock price of $88.88 by IMKTA's total outstanding shares of 18,994,376.
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