sysco: dividend idea of the week | long-term dividend growth stock with 13.74% upside by

7/30/2019 Sysco: Dividend Idea Of The Week | Long-Term Dividend Growth Stock With 13.74% Upside By http://long-term-in

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The Dividend Idea(A Snapshot of attractive Dividend Stocks)- By Dividend Yield - Stock, Capital, Investment-

48/2012(2012-12-01)
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By Dividend Yield - Stock, Capital, Investment

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Content:

1. Summary

2. Price Facts

3. Long-Term Price Ratios And Margins

4. Income Statement

5. Balance Sheet6. Cash Flow Statement

7. Peer-Fact Sheet
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Company Summary:Sysco Corporation (Sysco), along with its subsidiaries and divisions, is a NorthAmerican distributor of food and related products primarily to the foodserviceor food-away-from-home industry. The Company provides products and re-lated services to approximately 400,000 customers, including restaurants,healthcare and educational facilities, lodging establishments and other food-service customers. Sysco provides food and related products to the foodser-vice or food-away-from-home industry. It has aggregated its operating com-panies into a number of segments, of which only Broadline and SYGMA arethe main segments. Broadline operating companies distribute a line of foodproducts and a variety of non-food products to their customers. SYGMA oper-ating companies distribute a line of food products and a variety of non-foodproducts to chain restaurant customer locations. In May 2011, it acquiredGoldberg & Solovy Foods, Inc. (G&S). On October 3, 2012, the Company ac-quired Keelings Foods.

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2003-06 2005-06 2007-06 2009-06 2011-06 TTM

Sharesinmillion

EPSDatainUSD

Earnings Per Share USD Dividends USD Shares Mil


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AVG P/E PRICE/ SALES PRICE/ BOOK

Price Facts NYSE:SYY

Stock Price Estimated Value* Potential Rating Points**

31.65 36.00 13.74% 5/10

Size Category Sector Rating:

Large Cap Value Services Hold

Dividend Champion Industry

Growth Food Wholesale

P/E 16.84 # Yrs Dividend Growth 43

Fwd P/E 14.93 Dividend Growth Rate 1Y 4.00%

P/S 0.43 Dividend Growth Rate 3Y 5.70%

P/B 3.8 Dividend Growth Rate 5Y 8.90%

Dividend Yield 3.54% Dividend Growth Rate 10Y 14.00%

PEG 2.42 EPS Last 10 Years 16.41

PEG Payback 10.5 Dividends Paid Past 10Y 7.78

EV/EBITDA 8.42 Payout 57.0%

Market Capitalization 18.6B Cash MRQ 550M

EBITDA TTM 2.5B Debt MRQ 3.02B

* Estimated By Morningstar ** Rated By StockScouter
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Gross Margin % Operating Margin %Return on Equity % Return on Invested Capital %

Margin

Year AVG

P/E

PRICE/

SALES

PRICE/

BOOK

BOOK

VALUE

DEBT/

EQUITY

Operating

Margin in %

Net Profit

in %

ROE in % ROA in %

06/12 15.1 0.41 3.73 8 0.64 4.50 2.60 23.89 9.30

06/11 15 0.47 3.95 7.95 0.57 4.90 2.90 27.00 10.10

06/10 13.9 0.45 4.35 6.5 0.65 5.30 3.20 32.43 11.40

06/09 14.3 0.37 3.93 5.85 0.72 5.10 2.90 30.79 10.40

06/08 17.2 0.46 4.98 5.67 0.58 5.00 2.90 33.08 11.00

06/07 20.8 0.59 6.16 5.36 0.54 4.90 2.90 31.63 10.50

06/06 23.6 0.59 6.2 4.93 0.58 4.60 2.60 29.44 9.40

06/05 23.5 0.78 8.26 3.41 0.62 5.20 3.20 36.12 11.20

06/04 25.9 0.79 8.64 0 0 5.20 3.10 38.10 0.00

06/03 24.5 0.75 8.66 0 0 5.10 3.00 35.95 0.00

Average 19.38 0.57 5.89 4.77 0.49 4.98 2.93 31.84 8.33


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0

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2003-06 2005-06 2007-06 2009-06 2011-06 TTM

Revenue USD Mil Operating Income USD MilNet Income USD Mil

Income StatementFiscal year ends in June. USD in millions except per share data.

2008-06 2009-06 2010-06 2011-06 2012-06 TTM

Revenue 37,522 36,853 37,243 39,323 42,381 42,881

Cost of revenue 30,327 29,817 30,136 32,002 34,704 35,149

Gross profit 7,195 7,036 7,107 7,321 7,677 7,733

Other operating expenses 0 5,164 5,132 5,390 5,786 5,872

Total operating expenses 5,315 5,164 5,132 5,390 5,786 5,872

Operating income 1,880 1,872 1,976 1,932 1,891 1,860

Interest Expense 112 116 125 118 113 115

Other income (expense) 23 15 -1 14 7 9

Income before income taxes 1,791 1,771 1,850 1,827 1,784 1,755

Provision for income taxes 685 715 670 675 662 649

Net income from continuing operations 1,106 1,056 1,180 1,152 1,122 1,106

Net income 1,106 1,056 1,180 1,152 1,122 1,106

Net income available to common shareholders 1,106 1,056 1,180 1,152 1,122 1,106

Basic 1.83 1.77 1.99 1.96 1.91 1.88

Diluted 1.81 1.77 1.99 1.96 1.90 1.88

Weighted average shares outstanding 0.00 0.00 0.00 0.00 0.00 0.00

Basic 606 595 592 587 588 587

Diluted 611 596 594 589 589 588


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2003-06 2005-06 2007-06 2009-06 2011-06 TTM

Assetsin%

ofBalanceSheet

Cash & Short-Term Investments Intangibles

Short-Term Debt Long-Term Debt

Total Stockholders' Equity

Balance SheetFiscal year ends in June. USD in millions except per share data.

2008-06 2009-06 2010-06 2011-06 2012-06

Cash and cash equivalents 552 1,087 585 640 689

Receivables 2,723 2,469 2,617 2,898 2,967

Inventories 1,836 1,651 1,772 2,074 2,179

Fixtures and equipment 2,542 2,642 2,855 3,173 3,478

Other properties 2,652 2,818 2,983 3,227 3,511

Property and equipment, at cost 5,464 5,767 6,160 6,748 7,341

Accumulated Depreciation -2,575 -2,788 -2,956 -3,236 -3,457

Property, plant and equipment, net 2,890 2,979 3,204 3,512 3,884

Goodwill 1,413 1,511 1,550 1,633 1,666Intangible assets 88 121 106 110 114

Long-term debt 1,975 2,467 2,473 2,280 2,764

Total non-current liabilities 3,174 3,617 3,477 3,105 3,986

Total liabilities 6,673 6,767 6,486 6,680 7,410

Common stock 765 765 765 765 765

Additional paid-in capital 712 760 817 888 939

Retained earnings 6,041 6,540 7,134 7,682 8,175

Treasury stock -4,041 -4,338 -4,408 -4,369 -4,532

Accumulated other comprehensive income -69 -278 -480 -260 -663

Total stockholders' equity 3,409 3,450 3,828 4,705 4,685

Total liabilities and stockholders' equity 10,082 10,217 10,314 11,386 12,095


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2003-06 2005-06 2007-06 2009-06 2011-06 TTM

Operating Cash Flow USD Mil Cap Spending USD MilFree Cash Flow USD Mil

Cash Flow StatementFiscal year ends in June. USD in millions except per share data.

2008-06 2009-06 2010-06 2011-06 2012-06 TTM

Net income 1,106 1,056 1,180 1,152 1,122 1,106

Depreciation & amortization 373 382 390 403 417 438

Deferred income taxes 643 -294 -122 -165 -178 84

Net cash provided by operating activities 1,596 1,582 885 1,092 1,404 1,362

Net cash used for investing activities -556 -659 -656 -680 -904 -862

Long-term debt issued 0 507 7 186 563 631

Long-term debt repayment 0 -10 -11 -9 -206 -205

Common stock issued 128 112 95 333 99 104Repurchases of treasury stock -529 -439 -179 -292 -272 -141

Cash dividends paid -497 -548 -580 -597 -623 -627

Net cash provided by (used for) financing activities -699 -380 -667 -378 -443 -241

Net change in cash 344 536 -433 54 49 264

Cash at beginning of period 208 552 1,019 585 640 284

Cash at end of period 552 1,087 585 640 689 548

Operating cash flow 1,596 1,582 885 1,092 1,404 1,362

Capital expenditure -516 -465 -595 -636 -785 -714

Free cash flow 1,080 1,118 291 455 620 648

Cash paid for income taxes 0 736 1,142 908 772 807

Cash paid for interest 0 109 127 119 114 115


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Company Ticker Mcap P/E P/B P/S YieldSysco Corp. SYY 18.60B 16.84 3.80 0.43 3.54%

United Natural Foods, Inc. UNFI 2.54B 27.83 2.59 0.49 -

Chefs' Warehouse Holdings LLC CHEF 331.85M 20.53 9.41 0.73 -

Spartan Stores Inc. SPTN 327.12M 10.52 1.00 0.12 2.13%

Nash Finch Co. NAFC 258.90M - 0.79 0.05 3.41%

AMCON Distributing Co. DIT 38.68M 6.54 0.72 0.03 1.17%

Crystal Rock Holdings, Inc. CRVP 20.31M 31.67 0.90 0.28 -


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sysco: dividend idea of the week | long-term dividend growth stock with 13.74% upside by

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