Page: Company Financials
Modern Mills for Food Products Co.
$28.70
-0.18 (-0.62%)
As of: 2026-01-28
Master Data Export
Enterprise Value
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Stock Price | 36.05 | 50.38 | 62.40 | 62.40 |
| Market Capitalization | 2,921.13M | 4,093.05M | 5,093.55M | 5,106.32M |
| (-) Cash & Equivalents | 90.13M | 170.14M | 123.67M | 29.54M |
| (+) Total Debt | 767.44M | 845.87M | 596.56M | 208.00M |
| Enterprise Value | 3,598.44M | 4,768.79M | 5,566.44M | 5,284.78M |
Income Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,020M | 967M | 1,000M | 939M | 978M | 555M | 435M | 450M |
| Cost of Revenue | 649M | 617M | 627M | 593M | 612M | 398M | 303M | 331M |
| Gross Profit | 371M | 350M | 373M | 346M | 366M | 157M | 132M | 118M |
| Gross Profit Margin | 36.4% | 36.2% | 37.3% | 36.8% | 37.4% | 28.3% | 30.4% | 26.3% |
| R&D Expenses | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 0M |
| SG&A Expenses | 79M | 96M | 54M | 32M | 35M | 68M | 62M | 73M |
| Operating Expenses | 116M | 94M | 114M | 92M | 97M | 68M | 62M | 73M |
| Operating Income (EBIT) | 255M | 256M | 259M | 254M | 269M | 89M | 71M | 45M |
| Operating Income Margin | 25.0% | 26.4% | 25.9% | 27.0% | 27.5% | 15.9% | 16.2% | 10.1% |
| Interest Income | 6M | 6M | 7M | 4M | 1M | 0M | 1M | 1M |
| Interest Expense | 46M | 48M | 55M | 48M | 36M | 7M | 9M | 10M |
| Net Interest Income | -40M | -42M | -48M | -44M | -34M | -7M | -9M | -9M |
| Unusual Items | 2M | 0M | 0M | 0M | 1M | 0M | 3M | 3M |
| EBT Excluding Unusual Items | 216M | 214M | 212M | 209M | 235M | 82M | 62M | 37M |
| Pre-Tax Income | 217M | 214M | 212M | 209M | 236M | 82M | 65M | 40M |
| Pre-Tax Margin | 21.3% | 22.1% | 21.2% | 22.3% | 24.1% | 14.8% | 14.9% | 8.9% |
| Income Tax Expense | 3M | 8M | 3M | 7M | 3M | 2M | 0M | 0M |
| Net Income | 214M | 206M | 209M | 202M | 233M | 80M | 65M | 40M |
| Net Income Margin | 21.0% | 21.3% | 20.9% | 21.5% | 23.8% | 14.3% | 14.9% | 8.9% |
| Depreciation & Amortization | 59M | 59M | 60M | 59M | 54M | 52M | 46M | 45M |
| EBITDA | 315M | 315M | 319M | 312M | 323M | 141M | 117M | 90M |
| EBITDA Margin | 30.9% | 32.6% | 31.9% | 33.2% | 33.0% | 25.4% | 26.8% | 20.1% |
| NOPAT | 252M | 247M | 256M | 244M | 266M | 86M | 71M | 45M |
| NOPAT Margin | 24.7% | 25.5% | 25.6% | 26.0% | 27.2% | 15.5% | 16.2% | 10.1% |
| Owner's Earnings | 135M | 191M | 161M | 204M | 253M | 113M | 91M | 71M |
| Owner's Earnings Margin | 13.2% | 19.8% | 16.1% | 21.8% | 25.8% | 20.4% | 20.9% | 15.9% |
| EPS (Basic) | 2.65 | 2.52 | 2.58 | 2.49 | 2.88 | 0.97 | 0.79 | 0.49 |
| EPS (Diluted) | 2.64 | 2.52 | 2.57 | 2.49 | 2.88 | 0.97 | 0.79 | 0.49 |
| Shares (Basic) | 81M | 82M | 81M | 81M | 81M | 82M | 82M | 82M |
| Shares (Diluted) | 81M | 82M | 81M | 81M | 81M | 82M | 82M | 82M |
Balance Sheet
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 55.20M | 125.05M | 182.90M | 112.03M | 118.16M | 94.13M | 345.41M | 274.19M |
| Short-Term Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Cash & Short-Term Investments | 55.20M | 125.05M | 182.90M | 112.03M | 118.16M | 94.13M | 345.41M | 274.19M |
| Net Receivables | 11.43M | 10.25M | 10.09M | 0.95M | 0.12M | 7.56M | 2.85M | 14.09M |
| Inventory | 95.86M | 92.83M | 86.59M | 86.37M | 92.54M | 118.90M | 113.97M | 101.32M |
| Other Current Assets | 38.98M | 18.56M | 0.05M | 40.06M | 12.51M | 33.71M | 0.00M | 0.00M |
| Total Current Assets | 201.47M | 246.70M | 279.64M | 239.41M | 223.33M | 254.30M | 462.22M | 389.60M |
| Property, Plant & Equipment | 1,013.85M | 1,001.75M | 984.41M | 924.84M | 922.97M | 944.10M | 906.58M | 932.46M |
| Goodwill | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Intangible Assets | 4.32M | 4.21M | 3.62M | 2.63M | 2.89M | 0.00M | 0.00M | 0.00M |
| Long-Term Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Tax Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Non-Current Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 4.25M | 0.00M | 0.00M |
| Other Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 1,018.18M | 1,005.96M | 988.03M | 927.47M | 925.86M | 948.36M | 906.58M | 932.46M |
| Total Assets | 1,219.65M | 1,252.65M | 1,267.67M | 1,166.88M | 1,149.18M | 1,202.66M | 1,368.80M | 1,322.07M |
| Accounts Payable | 60.94M | 44.24M | 52.66M | 40.83M | 44.71M | 46.09M | 12.85M | 12.26M |
| Short-Term Debt | 27.75M | 29.56M | 29.56M | 54.25M | 44.59M | 11.76M | 4.52M | 4.28M |
| Tax Payables | 2.53M | 6.77M | 5.13M | 9.08M | 6.81M | 2.38M | 0.00M | 0.00M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 14.23M | 12.58M | 8.97M | 6.01M | 5.97M |
| Other Current Liabilities | 86.59M | 95.90M | 93.70M | 44.44M | 7.37M | 50.20M | 27.22M | 41.67M |
| Total Current Liabilities | 177.81M | 176.48M | 181.06M | 162.83M | 116.05M | 119.39M | 50.61M | 64.18M |
| Long-Term Debt | 511.78M | 517.35M | 617.35M | 489.67M | 535.98M | 680.58M | 0.00M | 0.00M |
| Capital Lease Obligations | 225.18M | 223.26M | 235.63M | 246.91M | 251.45M | 242.97M | 181.35M | 185.87M |
| Deferred Tax Liabilities | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Non-Current Liabilities | 8.03M | 7.36M | 6.97M | 5.54M | 3.10M | 0.78M | 0.50M | 0.31M |
| Total Non-Current Liabilities | 744.98M | 747.97M | 859.96M | 742.11M | 790.53M | 924.33M | 181.85M | 186.18M |
| Total Liabilities | 922.79M | 924.45M | 1,041.01M | 904.94M | 906.58M | 1,043.72M | 232.46M | 250.36M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock | 81.83M | 81.83M | 81.83M | 81.83M | 81.83M | 899.67M | 899.67M | 0.50M |
| Retained Earnings | 239.99M | 271.34M | 205.69M | 158.54M | 72.05M | -815.27M | 231.91M | 173.47M |
| Accumulated OCI | 14.31M | 14.31M | 14.31M | 0.00M | 24.55M | 13.44M | 6.64M | 0.15M |
| Minority Interest | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Shareholders’ Equity | 336.13M | 367.48M | 301.84M | 240.38M | 178.43M | 97.84M | 1,138.22M | 174.12M |
| Total Equity | 336.13M | 367.48M | 301.84M | 240.38M | 178.43M | 97.84M | 1,138.22M | 174.12M |
| Total Liabilities & Equity | 1,258.93M | 1,291.93M | 1,342.85M | 1,145.31M | 1,085.01M | 1,141.56M | 1,370.68M | 424.48M |
| Tangible Assets | 1,215.33M | 1,248.45M | 1,264.05M | 1,164.24M | 1,146.29M | 1,202.66M | 1,368.80M | 1,322.07M |
| Tangible Equity | 331.81M | 363.27M | 298.22M | 237.74M | 175.54M | 97.84M | 1,138.22M | 174.12M |
| Tangible Book Value | 331.81M | 363.27M | 298.22M | 237.74M | 175.54M | 97.84M | 1,138.22M | 174.12M |
| Total Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Debt | 484.32M | 421.86M | 464.01M | 431.89M | 462.40M | 598.20M | -340.89M | -269.91M |
Capital Metrics
| Metric | MRQ | MRQ-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| Working Capital | 9.0M | 55.9M | 120.1M | 47.2M | 28.9M | 73.8M | 413.5M | 327.0M |
| Total Capital | 1,061.6M | 1,098.4M | 1,145.1M | 1,038.5M | 1,010.4M | 1,046.8M | 1,324.1M | 1,263.4M |
| Capital Employed | 1,027.1M | 1,061.8M | 1,108.1M | 974.6M | 954.8M | 1,022.2M | 1,320.1M | 1,259.5M |
| Invested Capital | 1,006.4M | 973.3M | 962.2M | 926.4M | 892.3M | 952.7M | 978.7M | 989.3M |
Cash Flow Statement
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| Net Income | 216.07M | 207.71M | 211.65M | 201.81M | 235.64M | 79.51M | 64.93M | 39.89M |
| Depreciation & Amortization | 59.27M | 59.48M | 59.60M | 58.50M | 53.54M | 52.31M | 46.27M | 45.00M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Stock-Based Compensation | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Change in Working Capital | 3.61M | -7.43M | 0.54M | -26.90M | 50.16M | 18.52M | -18.70M | -43.11M |
| Accounts Receivable | -18.81M | 5.58M | -8.99M | -4.08M | -0.19M | 0.00M | -18.22M | -33.35M |
| Inventory | 3.04M | 3.82M | 1.23M | 9.84M | -9.56M | 2.84M | -13.59M | 5.79M |
| Accounts Payable | 7.00M | 8.15M | -1.09M | -3.88M | -1.38M | 36.00M | 4.37M | -5.10M |
| Other Working Capital | 12.21M | -25.01M | 8.92M | -28.77M | 61.09M | -20.32M | 8.74M | -10.44M |
| Other Non-Cash Items | 2.02M | 88.81M | 3.94M | 2.33M | 34.47M | 69.90M | 132.78M | 132.88M |
| Net Cash from Operating Activities | 280.98M | 272.99M | 275.73M | 235.75M | 353.21M | 154.46M | 105.29M | 52.00M |
| Capital Expenditures (PPE) | -136.95M | -74.12M | -105.68M | -55.93M | -33.97M | -18.43M | -20.39M | -13.58M |
| Acquisitions (Net) | 0.03M | 0.02M | 0.00M | 0.00M | 1.78M | 0.00M | 0.00M | 0.00M |
| Purchases of Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Sales / Maturities of Investments | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Investing Activities | -2.10M | 0.00M | -1.41M | -0.06M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Cash from Investing Activities | -139.02M | -74.10M | -107.09M | -56.00M | -32.19M | -18.43M | -20.39M | -13.58M |
| Net Debt Issuance | -58.86M | 30.38M | 94.11M | -37.24M | -112.36M | -7.96M | 0.00M | 0.00M |
| Long-Term Debt Issuance | -58.86M | 30.38M | 94.11M | -37.24M | -112.36M | -7.96M | 0.00M | 0.00M |
| Short-Term Debt Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Stock Issuance | 0.00M | -32.99M | -32.99M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Repurchased | 0.00M | -32.99M | -32.99M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Preferred Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Dividends Paid | -213.50M | -99.54M | -162.03M | -140.00M | -177.36M | -403.99M | 0.00M | 0.00M |
| Common Dividends Paid | -213.50M | -99.54M | -162.03M | -140.00M | -177.36M | -403.99M | 0.00M | 0.00M |
| Preferred Dividends Paid | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Other Financing Activities | 2.95M | -11.07M | 3.15M | -8.65M | -7.27M | 0.00M | -13.68M | -34.55M |
| Net Cash from Financing Activities | -269.41M | -113.21M | -97.77M | -185.89M | -296.99M | -411.95M | -13.68M | -34.55M |
| Effect of FX on Cash | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Net Change in Cash | -127.45M | 85.67M | 70.88M | -6.13M | 24.03M | -251.27M | 71.22M | 3.87M |
| Cash at Beginning of Period | 633.86M | 548.25M | 112.03M | 118.16M | 94.13M | 345.41M | 274.19M | 270.32M |
| Cash at End of Period | 506.41M | 633.92M | 182.90M | 112.03M | 118.16M | 94.13M | 345.41M | 274.19M |
| Operating Cash Flow | 280.98M | 272.99M | 275.73M | 235.75M | 353.21M | 154.46M | 105.29M | 52.00M |
| Capital Expenditure | -138.88M | -74.12M | -107.12M | -55.93M | -33.97M | -18.43M | -20.39M | -13.58M |
| Free Cash Flow | 142.09M | 198.87M | 168.62M | 179.68M | 319.24M | 136.03M | 84.90M | 38.42M |
Free Cash Flow
| Metric | TTM | TTM-1 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|---|---|---|
| EBITDA | 351.10M | 313.42M | 379.26M | 371.99M | 384.63M | 140.81M | 116.79M | 90.45M |
| (-) Tax Adjustment | 4.84M | 11.25M | 5.34M | 13.32M | 4.29M | 4.09M | 0.00M | 0.00M |
| (-) Change In Working Capital | 3.61M | -7.43M | 0.54M | -26.90M | 50.16M | 18.52M | -18.70M | -43.11M |
| (-) Capital Expenditure | -138.88M | -74.12M | -107.12M | -55.93M | -33.97M | -18.43M | -20.39M | -13.58M |
| Unlevered Free Cash Flow | 203.77M | 235.48M | 266.26M | 329.63M | 296.22M | 99.77M | 115.10M | 119.98M |
| (-) Net Interest Income After Taxes | -39.14M | -40.72M | -46.97M | -42.68M | -34.09M | -6.52M | -8.51M | -8.51M |
| Net Debt Issuance | -58.86M | 30.38M | 94.11M | -37.24M | -112.36M | -7.96M | 0.00M | 0.00M |
| Levered Free Cash Flow | 184.04M | 306.58M | 407.34M | 335.07M | 217.94M | 98.33M | 123.61M | 128.49M |