(GIS) General Mills - Overview
Stock: Cereal, Yogurt, Snacks, Baking, Pet, Ice Cream
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.85% |
| Yield on Cost 5y | 5.06% |
| Yield CAGR 5y | 4.36% |
| Payout Consistency | 95.8% |
| Payout Ratio | 65.7% |
| Risk 5d forecast | |
|---|---|
| Volatility | 26.7% |
| Relative Tail Risk | 1.08% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.92 |
| Alpha | -23.34 |
| Character TTM | |
|---|---|
| Beta | 0.036 |
| Beta Downside | -0.076 |
| Drawdowns 3y | |
|---|---|
| Max DD | 47.72% |
| CAGR/Max DD | -0.25 |
Description: GIS General Mills December 17, 2025
General Mills Inc. (NYSE: GIS) is a global manufacturer and marketer of branded consumer foods, operating through four segments: North America Retail, International, Pet, and North America Foodservice.
The product portfolio spans grain-based cereals, refrigerated and frozen doughs, snack bars, desserts, frozen pizzas, meal kits, and a broad range of pet foods, sold under well-known brands such as Cheerios, Betty Crocker, Blue Buffalo, Häagen-Dazs, and Nature Valley.
GIS distributes its products across grocery chains, mass merchandisers, discount retailers, e-commerce platforms, food-service distributors, restaurants, and specialty pet stores, giving it a diversified sales network that buffers against channel-specific shocks.
Key recent metrics (FY 2024): revenue $19.1 bn (+3.2% YoY), adjusted EPS $5.87 (+5.4% YoY), and pet-food sales growing ~8% on a 2-year basis, outpacing the overall packaged-foods segment. The company’s gross margin remained near 33%, reflecting modest pricing power despite persistent inflationary pressure on commodity inputs.
Sector drivers that materially affect GIS include: (1) consumer-price-index trends, which influence discretionary snack spending; (2) the “premiumization” of pet food, where higher-margin, natural-ingredient products are gaining share; and (3) the shift toward e-commerce and direct-to-consumer channels, which has accelerated post-COVID-19 and now accounts for roughly 7% of total sales.
For a deeper, data-driven look at GIS’s valuation and peer benchmarks, consider exploring the analyst tools available on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 2.54b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -2.91 > 1.0 |
| NWC/Revenue: -14.07% < 20% (prev -3.23%; Δ -10.84% < -1%) |
| CFO/TA 0.08 > 3% & CFO 2.76b > Net Income 2.54b |
| Net Debt (13.05b) to EBITDA (3.43b): 3.80 < 3 |
| Current Ratio: 0.66 > 1.5 & < 3 |
| Outstanding Shares: last quarter (542.5m) vs 12m ago -3.19% < -2% |
| Gross Margin: 33.76% > 18% (prev 0.35%; Δ 3340 % > 0.5%) |
| Asset Turnover: 56.95% > 50% (prev 59.59%; Δ -2.65% > 0%) |
| Interest Coverage Ratio: 5.37 > 6 (EBITDA TTM 3.43b / Interest Expense TTM 537.5m) |
Altman Z'' 3.22
| A: -0.08 (Total Current Assets 5.07b - Total Current Liabilities 7.71b) / Total Assets 32.55b |
| B: 0.69 (Retained Earnings 22.55b / Total Assets 32.55b) |
| C: 0.09 (EBIT TTM 2.89b / Avg Total Assets 32.97b) |
| D: 0.86 (Book Value of Equity 20.05b / Total Liabilities 23.22b) |
| Altman-Z'' Score: 3.22 = A |
Beneish M -2.88
| DSRI: 1.13 (Receivables 1.89b/1.78b, Revenue 18.78b/19.90b) |
| GMI: 1.04 (GM 33.76% / 35.25%) |
| AQI: 1.09 (AQ_t 0.74 / AQ_t-1 0.68) |
| SGI: 0.94 (Revenue 18.78b / 19.90b) |
| TATA: -0.01 (NI 2.54b - CFO 2.76b) / TA 32.55b) |
| Beneish M-Score: -2.88 (Cap -4..+1) = A |
What is the price of GIS shares?
Over the past week, the price has changed by +4.00%, over one month by +6.28%, over three months by +1.56% and over the past year by -18.44%.
Is GIS a buy, sell or hold?
- StrongBuy: 2
- Buy: 2
- Hold: 17
- Sell: 0
- StrongSell: 2
What are the forecasts/targets for the GIS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 52.4 | 12.7% |
| Analysts Target Price | 52.4 | 12.7% |
| ValueRay Target Price | 46.9 | 0.8% |
GIS Fundamental Data Overview February 03, 2026
P/E Forward = 13.7931
P/S = 1.3146
P/B = 2.8235
P/EG = 17.2329
Revenue TTM = 18.78b USD
EBIT TTM = 2.89b USD
EBITDA TTM = 3.43b USD
Long Term Debt = 12.16b USD (from longTermDebt, last quarter)
Short Term Debt = 1.57b USD (from shortTermDebt, last quarter)
Debt = 13.73b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 13.05b USD (from netDebt column, last quarter)
Enterprise Value = 37.73b USD (24.68b + Debt 13.73b - CCE 683.4m)
Interest Coverage Ratio = 5.37 (Ebit TTM 2.89b / Interest Expense TTM 537.5m)
EV/FCF = 21.17x (Enterprise Value 37.73b / FCF TTM 1.78b)
FCF Yield = 4.72% (FCF TTM 1.78b / Enterprise Value 37.73b)
FCF Margin = 9.49% (FCF TTM 1.78b / Revenue TTM 18.78b)
Net Margin = 13.51% (Net Income TTM 2.54b / Revenue TTM 18.78b)
Gross Margin = 33.76% ((Revenue TTM 18.78b - Cost of Revenue TTM 12.44b) / Revenue TTM)
Gross Margin QoQ = 34.82% (prev 33.93%)
Tobins Q-Ratio = 1.16 (Enterprise Value 37.73b / Total Assets 32.55b)
Interest Expense / Debt = 0.92% (Interest Expense 125.9m / Debt 13.73b)
Taxrate = 33.15% (204.8m / 617.8m)
NOPAT = 1.93b (EBIT 2.89b * (1 - 33.15%))
Current Ratio = 0.66 (Total Current Assets 5.07b / Total Current Liabilities 7.71b)
Debt / Equity = 1.47 (Debt 13.73b / totalStockholderEquity, last quarter 9.32b)
Debt / EBITDA = 3.80 (Net Debt 13.05b / EBITDA 3.43b)
Debt / FCF = 7.32 (Net Debt 13.05b / FCF TTM 1.78b)
Total Stockholder Equity = 9.32b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.69% (Net Income 2.54b / Total Assets 32.55b)
RoE = 27.21% (Net Income TTM 2.54b / Total Stockholder Equity 9.32b)
RoCE = 13.44% (EBIT 2.89b / Capital Employed (Equity 9.32b + L.T.Debt 12.16b))
RoIC = 8.17% (NOPAT 1.93b / Invested Capital 23.62b)
WACC = 4.11% (E(24.68b)/V(38.42b) * Re(6.05%) + D(13.73b)/V(38.42b) * Rd(0.92%) * (1-Tc(0.33)))
Discount Rate = 6.05% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -3.57%
[DCF Debug] Terminal Value 85.84% ; FCFF base≈2.19b ; Y1≈2.09b ; Y5≈2.00b
Fair Price DCF = 88.26 (EV 60.14b - Net Debt 13.05b = Equity 47.09b / Shares 533.6m; r=5.90% [WACC]; 5y FCF grow -6.19% → 2.90% )
EPS Correlation: -11.95 | EPS CAGR: 7.46% | SUE: 1.19 | # QB: 1
Revenue Correlation: -17.42 | Revenue CAGR: 1.85% | SUE: 0.01 | # QB: 0
EPS current Year (2026-05-31): EPS=3.68 | Chg30d=+0.007 | Revisions Net=+2 | Growth EPS=-12.7% | Growth Revenue=-4.4%
EPS next Year (2027-05-31): EPS=3.73 | Chg30d=-0.006 | Revisions Net=-13 | Growth EPS=+1.6% | Growth Revenue=-0.7%