Dole plc (DOLE)
Consumer Defensive · NYQ · US
Fundamentals
Valuation and ratings
Dole plc trades at USD14.50, close to the USD14.46 our discounted cash flow model puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 24 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 15.1 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
About Dole plc
Dole plc engages in sourcing, production, distribution, and marketing of fresh fruits and vegetables worldwide. It operates through three segments: Fresh Fruit; Diversified Fresh Produce - EMEA; and Diversified Fresh Produce - Americas and ROW. The company offers bananas, pineapples, and plantains; avocados, kiwis, apples, berries, and cherries; and imported and local fresh fruits and vegetables through retail, wholesale, e-commerce, and food service channels. It is also involved in the commercial cargo business. The company offers its products under the DOLE brand. It serves grocery stores, wholesalers, mass merchandisers, supercenters, foodservice operators, club stores, convenience stores, distributors, and smaller regional customers. Dole plc was incorporated in 2017 and is headquartered in Dublin, Ireland.
DOLE passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Dole plc (DOLE) undervalued?
Against our discounted cash flow estimate of USD14.46, DOLE at USD14.50 is 0% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is DOLE's P/E ratio?
DOLE trades at 15.1 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.