Conagra Brands, Inc. (CAG)

FairStock Score: 64/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for durable brands bought in good times and bad, and Conagra has a place in the pantry and freezer. But the filed record is uneven: revenue slipped from $12.1B in fiscal year 2024, the year ended 2024-05-26, to $11.6B in fiscal year 2025, the year ended 2025-05-25, and $11.3B in fiscal year 2026, the year ended 2026-05-31. Fiscal year 2026 produced a net loss of $1.9B, or -$4.00 per diluted share, after fiscal year 2025 net income of $1.2B and diluted EPS of $2.40. The quarter ended 2025-11-23 was especially weak, with a $663.6M net loss and -$1.39 diluted EPS, though the quarter ended 2026-08-30 showed $174.3M of net income and $0.36 diluted EPS. That is the turnaround pattern FairStock labels: a loss in the latest year after earlier profits. At the 2026-10-13 close of $13.70, FairStock calculates P/B of 1.03, negative P/E of -3.42, ROE of -25.06%, ROCE of 4.40%, and a $6.5B market cap. Free cash flow is the attraction: $978.7M trailing, a 15.0% FCF yield, and an 8.10% dividend yield. Yet the balance sheet warns me: debt-to-equity is 1.18 and Altman Z-Score is 0.90, with Piotroski at 5/9. A branded food moat is only as strong as shelf space and consumer habit; falling revenue suggests it is not widening. If cash flow holds and the recent quarterly profit persists, the price near the low end of the $12.53-$20.32 range could be cheap. If the loss reflects structural weakness, book value and the dividend may be less protective than they look.

In plain English: Conagra Brands sells packaged foods, including grocery, snack, frozen and refrigerated products. The business looks weak because it had a large yearly loss and falling sales, but it still produces a lot of cash and recently posted a quarterly profit. At the recent price, the shares look cheap compared with the cash and book value, though the debt and loss make the value less certain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2027 10-Q (period ended 2026-08-30) · fiscal Q3 2026 10-Q (period ended 2026-02-22) · fiscal Q2 2026 10-Q (period ended 2025-11-23) · fiscal Q1 2026 10-Q (period ended 2025-08-24) · FY2026 10-K (period ended 2026-05-31) · FY2025 10-K (period ended 2025-05-25) · FY2024 10-K (period ended 2024-05-26)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer