Ingredion Incorporated Common Stock (INGR)

FairStock Score: 77/100 — HIGH CONVICTION

Key Financials

AI Analysis

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

I approach Ingredion as a defensive ingredient processor, not a glamorous growth story. It mills corn and starches into sweeteners, nutrition ingredients, and biomaterials sold into packaged foods and industrial markets. Demand is relatively steady, and beta of 0.61, a 3.41% dividend yield, and consumer-defensive sector support that. The balance sheet looks reasonable: debt-to-equity 0.39 and Altman Z-score 2.71. But quality is only moderate. FairStock shows ROE 13.69% and ROCE 7.33%, so capital returns are not exceptional. The moat comes from scale and customer relationships in wet milling, but it is not a wide-moat franchise.

In plain English: Ingredion turns corn and starches into ingredients for food and other products. The business looks steady but not especially strong right now: recent quarterly profits fell from the prior quarter, and sales have not grown much. At the recent price, the shares look inexpensive compared with the company's profits and cash flow.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

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

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q4 2025 10-K (period ended 2025-12-31) · fiscal Q3 2025 10-K (period ended 2025-09-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

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