UK packaged food company owning brands such as Mr Kipling, Ambrosia, Bisto and Oxo.
UK packaged food company owning brands such as Mr Kipling, Ambrosia, Bisto and Oxo.
Sells through the big UK supermarket chains, which hold much of the bargaining power, so it relies on brand strength and on passing ingredient and energy costs through in price increases. Gravies, stocks and soups sell more in cold months. It has shed bread and other lower-margin activities to concentrate on branded food.
In one line: A UK General Mills/Conagra for branded packaged food.
Moat: narrow (brand, distribution). Portfolio of long-established, trusted UK household food brands with strong shelf presence.
Headquarters: St Albans, UK
Size Premier Foods (PFD.L) is a United Kingdom Consumer Staples company (Food: Specialty/Candy) with a market value of $2.34B, the 151st largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £201.60 on 6 Nov 2026.
Performance Over six months the shares gained 2.5%, against -5.2% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue grew 2.3% over the last twelve months (peer median +3.4%); the operating margin is 17.6% (peer median 9.8%).
Valuation It trades at 12.6× forward earnings against a peer median of 20.4× (4th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +4%, so the hurdle is -6 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.8 points above its cost of capital (8.5% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £1.18B | £1.18B | £1.15B | £1.14B | £1.01B |
| Revenue growth | — | +2% | +1% | +13% | — |
| Gross profit | £428M | £428M | £413M | £406M | £333M |
| EBITDA | £255M | £255M | £233M | £236M | £196M |
| Net income | £137M | £137M | £125M | £112M | £91.6M |
| Free cash flow | £145M | £145M | £125M | £96.5M | £71.0M |
| Capital expenditure | £51.9M | £51.9M | £41.4M | £32.8M | £20.0M |
| Total debt | n/a | £339M | £335M | £338M | £339M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Premier Foods PFD.L | $2.34B | +3% | +2% | 18% | 12.6× | -1.3% |
| Nomad Foods NOMD | $1.64B | +24% | +3% | 13% | 7.3× | -4.1% |
| Kraft Heinz KHC | $29.2B | +5% | -2% | 17% | 12.5× | -3.9% |
| Unilever ULVR.L | $143B | +15% | -20% | 20% | 18.4× | 8.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PFD.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.6% | +1.1% | 9th highest of 21 |
| 6-month return | +2.5% | -5.2% | 9th highest of 21 |
| Distance from 52-week high | -5.2% | -17.9% | 4th highest of 21 |
| Revenue growth (TTM) | +2.3% | +3.4% | 10th lowest of 21 |
| Operating margin | 17.6% | 9.8% | 5th highest of 21 |
| Forward P/E | 12.6× | 20.4× | 4th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | -1.3% | 0.9% | 5th least demanding of 18 |
| Growth delivered (Del g) | +4.4% | +8.4% | 2nd lowest of 18 |
| Hurdle (Req g minus delivered) | -5.7 pp | -4.9 pp | 9th least demanding of 18 |
| ROIC minus cost of capital | +1.8 pp | +4.0 pp | 9th lowest of 21 |
| EV / EBITDA | 7.2× | 11.1× | 2nd cheapest of 15 |
| Net debt / EBITDA | 0.4× | 0.6× | 7th least indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Premier Foods PFD.L | United Kingdom | $2.34B | +3% | +2% | 18% | 12.6× | -1.3% | +4.4% |
| Kanematsu 8020.T | Japan | $2.35B | +2% | +4% | 5% | 9.6× | -2.4% | +10.5% |
| CALBEE 2229.T | Japan | $2.37B | +7% | +5% | 8% | 22.0× | -1.8% | +5.0% |
| Yantai North Andre Juice 605198.SS | China | $2.31B | +16% | -17% | 18% | 66.5× | 36.8% | +14.8% |
| Lotus 600186.SS | China | $2.37B | -18% | +21% | 13% | 35.2× | n/a | n/a |
| Gambol Pet 301498.SZ | China | $2.25B | -32% | +14% | 7% | 43.6× | n/a | n/a |
| Sichuan Teway Food 603317.SS | China | $2.24B | -18% | +22% | 21% | 20.4× | 2.9% | +7.8% |
| Weilong Delicious Global 9985.HK | Hong Kong | $2.22B | -20% | +13% | 25% | 9.6× | -6.3% | +11.1% |
| Suedzucker SZU.DE | Germany | $2.57B | -5% | -5% | -3% | 34.2× | 0.7% | +4.6% |
| House Foods 2810.T | Japan | $2.58B | +49% | 0% | 6% | 27.2× | 5.0% | +4.9% |
| UTZ Brands UTZ | United States | $2.05B | +90% | +2% | 4% | 17.9× | 31.8% | +8.3% |
| Chongqing Fuling Zhacai 002507.SZ | China | $2.04B | -6% | +3% | 28% | 18.0× | -0.9% | +1.4% |
| Nissui 1332.T | Japan | $1.97B | -16% | +8% | 4% | 10.8× | 0.9% | +8.7% |
| Kotobuki Spirits 2222.T | Japan | $2.81B | +41% | +10% | 25% | 29.3× | 5.2% | +27.7% |
| Marzetti MZTI | United States | $2.86B | -8% | -1% | 11% | 15.6× | -2.4% | +5.6% |
| Tootsie Roll Industries TR | United States | $2.92B | -8% | +2% | 12% | n/a | 14.1% | +9.2% |
| Robertet RBT.PA | France | $1.84B | +4% | 0% | 15% | 18.3× | -0.4% | +9.4% |
| Anhui Jinhe Industrial 002597.SZ | China | $1.83B | -8% | +22% | 4% | 19.4× | 10.3% | +6.0% |
| MeiHua 600873.SS | China | $2.99B | -27% | -3% | 4% | 14.5× | n/a | n/a |
| Cloetta CLA-B.ST | Sweden | $1.82B | +16% | 0% | 14% | 20.9× | -0.3% | +8.4% |
| Freshpet FRPT | United States | $3.09B | +21% | +12% | 9% | 34.9× | 28.5% | +28.2% |