DMCDEL MONTE CORP
Agricultural Production-Crops
- Revenue
- $4.3B
- 1.0% YoY
- Operating margin
- 3.2%
- 31% YoY
- EBITDA
- $210M
- 24% YoY
- Market cap
- $1.3B
- Employees
- —
- Net debt / EBITDA
- 2.2×
- $472M net debt
- AI in 10-K
- 1.0
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 1 of 7
- TSR below peersYes4 of 5 years3+ of last 5 years
- High CEO pay despite TSRNo$6M medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo262% of net incomeCash flow under 80% of net income
- Dilutive SBCNo0% of revenueOver 10% of revenue
- Payouts exceed cash flowNo36% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo11% of assetsOver 40% of assets
- Shareholder dissentNo96% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AINo1.0 per 10K words · 33rd pctBottom quartile of AI mentions in 10-Ks
- Net cashNo2.2× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedYes$1.3B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$3M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $4.3B | $4.4B | $4.3B | $4.3B | $4.3B | 1.0% |
| Operating income | $111M | $156M | $59M | $196M | $137M | 30% |
| Net income | $80M | $98M | −$2M | $142M | $94M | 34% |
| Operating cash flow | $129M | $62M | $178M | $183M | $245M | 34% |
| Capex | $99M | $48M | $58M | $52M | $64M | 23% |
| Stock-based comp | $8M | $7M | $10M | $7M | $10M | 45% |
| Buybacks | $0 | $0 | $12M | $0 | $30M | |
| Dividends | $24M | $29M | $36M | $48M | $57M | 20% |
Deal filings
None.
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|---|---|---|---|
| Mar 29, 2022 | ABU-GHAZALEH MOHAMMAD | SC 13D/A | 36.7% | Passive |
Insider trading
- Open-market buys, 12 mo
- $476K · 2
- Open-market sells, 12 mo
- $3M · 29
- Net
- −$3M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $10M | $11M | 171 | 92 |
| FY2024 | $9M | $10M | 106 | 124 |
| FY2023 | $4M | $4M | 81 | 114 |
| FY2022 | $6M | $5M | 79 | 105 |
| FY2021 | $5M | $6M | 81 | 108 |