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Associated British Foods plc (ABF.L)

GBp1,967.50 -12.50 (-0.63%)
GB LSE Consumer Defensive Packaged Foods
Address Weston Centre W1K 4QY
London, GB
CEO George Garfield Weston
Website abf.co.uk
IPO 1988-07-01
ISIN GB0006731235

Explore sections of this company profile

Also trades on London Stock Exchange · ABF.L (GBp) Other OTC · ASBFF (USD) Other OTC · ASBFY (USD)
Description

Associated British Foods plc (ABF) is a global diversified entity, primarily engaged in the food, ingredient, and retail sectors. Its extensive operations are segmented into five distinct divisions: Grocery, Sugar, Agriculture, Ingredients, and Retail. Within the Grocery segment, ABF is responsible for the production and distribution of a wide array of consumer food products. This includes hot beverages, various sweeteners, cooking oils, specialty vinegars, bakery items, breakfast cereals, ethnic culinary products, and meat products, all supplied to retail, wholesale, and foodservice channels. The Sugar division is dedicated to the cultivation, processing, and subsequent sale of sugar beet and sugar cane, primarily catering to industrial clients. Its Agriculture segment focuses on the manufacturing and supply of animal feeds, alongside a range of other products and services designed for the agricultural industry. The Ingredients segment specializes in the creation of key components such as bakers' yeast, essential bakery ingredients, enzymes, lipids, yeast extracts, and various cereal specialties. Lastly, the Retail segment manages the sourcing and merchandising of apparel and accessories through its well-known Primark and Penneys retail chains. These outlets offer a comprehensive selection spanning womenswear, menswear, children's clothing, footwear, fashion accessories, homeware, and skincare products. Founded in 1935 and based in London, United Kingdom, Associated British Foods plc is ultimately controlled by Wittington Investments Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
GBp1,967.50 -12.50 (-0.63%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.81
Float Shares
267.10M
Free Float %
38.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.25% -1.01% -0.27% -7.84% -14.70% -14.34% -12.53% -0.46% -22.27% -38.11% +990.69%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,967.50
DCF (Unlevered) 3,239.49 +64.7%
DCF (Levered) 5,260.00 +167.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 6% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 11 -2
Sell 4 0
Strong Sell 2 0
Quality scores
Altman Z-Score
4.42
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Packaged Foods: +4.4%
    -3.1% Q1'26: -2.7% (vs Q1'24)
  • EPS growth Packaged Foods: +14.6%
    -26.8% Q1'26: -27.6% (vs Q1'24)
  • FCF margin FCF growth · Packaged Foods: +15.9%
    +4.2% Q1'26: +3.3% (vs Q1'24)
  • EBIT margin Packaged Foods: +7.9%
    +7.4% Q1'26: +6.7% (vs Q1'24)
  • ROIC Packaged Foods: +7.0%
    +7.7% Q1'26: +12.2% (vs Q1'24)
  • Share dilution Packaged Foods: +0.0%
    -3.6% Q1'26: -6.3% (vs Q1'24)
  • Debt / EBITDA Net debt/EBITDA · Packaged Foods: 0.19×
    1.52× Q1'26: 0.82× (vs Q1'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.81) × ERP
WACC = 78% × Ke + 22% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 3,239.49 Current price: 1,967.50
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Sep 2011
actual
Sep 2012
actual
Sep 2013
actual
Sep 2014
actual
Sep 2015
actual
Sep 2016
actual
Sep 2017
actual
Sep 2018
actual
Sep 2019
actual
Sep 2020
actual
Sep 2021
actual
Sep 2022
actual
Aug 2023
actual
Aug 2024
actual
Aug 2025
actual
Aug 2026
17 Rev. Ana.
12 EPS Ana.
Aug 2027
17 Rev. Ana.
12 EPS Ana.
Aug 2028
4 Rev. Ana.
1 EPS Ana.
Aug 2029
3 Rev. Ana.
1 EPS Ana.
Aug 2030
3 Rev. Ana.
1 EPS Ana.
Revenue
11.07B
est: 11.09B (-0.2%)
12.25B
est: 12.43B (-1.4%)
13.32B
est: 13.42B (-0.8%)
12.94B
est: 13.34B (-2.9%)
12.80B
est: 12.98B (-1.4%)
13.40B
est: 13.16B (+1.8%)
15.36B
est: 15.20B (+1.1%)
15.57B
est: 15.66B (-0.6%)
15.82B
est: 15.80B (+0.2%)
13.94B
est: 14.24B (-2.1%)
13.88B
est: 13.90B (-0.1%)
17.00B
est: 16.75B (+1.5%)
19.75B
est: 19.92B (-0.9%)
20.07B
est: 20.08B (0.0%)
19.45B
est: 19.69B (-1.2%)
19.47B
19.24B – 19.65B
-1.1% YoY
20.03B
19.65B – 20.36B
+2.9% YoY
20.73B
20.11B – 21.34B
+3.5% YoY
22.40B
22.06B – 22.69B
+8.1% YoY
23.39B
23.03B – 23.70B
+4.4% YoY
EBITDA
1.41B
est: 1.14B (+22.9%)
1.53B
est: 1.19B (+28.6%)
1.61B
est: 1.22B (+31.3%)
1.57B
est: 1.34B (+17.8%)
1.47B
est: 1.44B (+1.9%)
1.52B
est: 1.20B (+26.4%)
1.83B
est: 1.74B (+5.2%)
1.86B
est: 2.18B (-14.6%)
1.93B
est: 1.84B (+4.5%)
1.52B
est: 1.58B (-4.0%)
1.48B
est: 1.76B (-15.9%)
1.87B
est: 1.84B (+1.1%)
2.02B
est: 3.01B (-33.1%)
2.56B
est: 3.05B (-15.9%)
2.43B
est: 2.98B (-18.4%)
2.95B
2.91B – 2.97B
-1.1% YoY
3.03B
2.97B – 3.08B
+2.9% YoY
3.14B
3.04B – 3.23B
+3.5% YoY
3.39B
3.34B – 3.43B
+8.1% YoY
3.54B
3.49B – 3.59B
+4.4% YoY
EBIT
993.00M
est: 879.17M (+12.9%)
1.01B
est: 952.64M (+6.3%)
1.07B
est: 934.58M (+14.8%)
1.08B
est: 1.09B (-1.5%)
979.00M
est: 1.06B (-7.3%)
1.04B
est: 782.61M (+32.2%)
1.26B
est: 1.26B (+0.2%)
1.29B
est: 1.68B (-23.3%)
1.31B
est: 1.32B (-0.7%)
893.00M
est: 1.07B (-16.6%)
875.00M
est: 1.19B (-26.7%)
1.28B
est: 1.25B (+2.3%)
1.40B
est: 1.89B (-25.9%)
1.91B
est: 1.92B (-0.4%)
1.44B
est: 1.87B (-22.9%)
1.85B
1.83B – 1.87B
-1.1% YoY
1.90B
1.87B – 1.94B
+2.9% YoY
1.97B
1.91B – 2.03B
+3.5% YoY
2.13B
2.10B – 2.16B
+8.1% YoY
2.22B
2.19B – 2.25B
+4.4% YoY
Net Income
541.00M
est: 586.12M (-7.7%)
555.00M
est: 622.27M (-10.8%)
585.00M
est: 594.15M (-1.5%)
762.00M
est: 591.64M (+28.8%)
528.00M
est: 746.51M (-29.3%)
818.00M
est: 540.16M (+51.4%)
1.20B
est: 945.19M (+26.7%)
1.01B
est: 1.23B (-18.4%)
878.00M
est: 1.02B (-13.6%)
455.00M
est: 791.33M (-42.5%)
478.00M
est: 882.03M (-45.8%)
700.00M
est: 751.00M (-6.8%)
1.04B
est: 1.12B (-6.9%)
1.46B
est: 1.38B (+5.3%)
1.03B
est: 1.24B (-17.2%)
1.15B
1.09B – 1.21B
-7.4% YoY
1.20B
1.07B – 1.33B
+4.7% YoY
1.33B
1.31B – 1.36B
+11.1% YoY
1.50B
1.47B – 1.53B
+12.5% YoY
1.63B
1.60B – 1.66B
+9.0% YoY
SGA
1.92B
est: 1.93B (-0.8%)
2.01B
est: 2.17B (-7.4%)
2.15B
est: 2.15B (-0.2%)
2.07B
est: 2.14B (-3.3%)
2.04B
est: 2.03B (+0.5%)
2.11B
est: 2.09B (+0.9%)
2.35B
est: 2.43B (-3.4%)
2.30B
est: 2.41B (-4.6%)
2.32B
est: 2.32B (+0.1%)
2.24B
est: 2.11B (+6.5%)
2.26B
est: 2.35B (-3.9%)
2.50B
est: 2.46B (+1.9%)
60.00M
est: 1.88B (-96.8%)
73.00M
est: 1.90B (-96.2%)
3.02B
est: 1.86B (+62.5%)
1.84B
1.81B – 1.85B
-1.1% YoY
1.89B
1.85B – 1.92B
+2.9% YoY
1.95B
1.90B – 2.01B
+3.5% YoY
2.11B
2.08B – 2.14B
+8.1% YoY
2.21B
2.17B – 2.23B
+4.4% YoY
EPS
0.69
est: 0.75 (-7.5%)
0.70
est: 0.89 (-21.1%)
0.75
est: 1.01 (-25.5%)
0.97
est: 1.06 (-8.5%)
0.67
est: 0.99 (-32.0%)
1.03
est: 1.04 (-1.1%)
1.52
est: 1.26 (+21.0%)
1.27
est: 1.33 (-4.5%)
1.11
est: 1.36 (-18.3%)
0.58
est: 0.78 (-25.7%)
0.61
est: 0.73 (-16.8%)
0.89
est: 1.26 (-29.5%)
1.34
est: 1.54 (-13.2%)
1.94
est: 1.91 (+1.5%)
1.42
est: 1.72 (-17.3%)
1.57
1.50 – 1.67
-8.8% YoY
1.66
1.48 – 1.84
+6.2% YoY
1.84
1.81 – 1.88
+10.9% YoY
2.07
2.03 – 2.11
+12.3% YoY
2.26
2.21 – 2.30
+9.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A 4/5 5/5 3/5 4/5 3/5 3/5 4/5
2026-05-28 A 4/5 5/5 3/5 4/5 3/5 3/5 4/5
2026-05-27 A 4/5 5/5 3/5 4/5 3/5 3/5 4/5
2026-05-26 A 4/5 5/5 3/5 4/5 3/5 3/5 4/5
2026-05-22 A 4/5 5/5 3/5 4/5 3/5 3/5 4/5
2026-05-21 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-20 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-19 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-18 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-15 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-14 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-13 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-12 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-11 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-08 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-07 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-06 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-05 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-05-01 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-30 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-29 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-28 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-27 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-24 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-23 A 4/5 5/5 3/5 5/5 2/5 3/5 4/5
2026-04-22 A 4/5 5/5 3/5 5/5 2/5 3/5 4/5
2026-04-21 A- 4/5 5/5 3/5 5/5 2/5 3/5 3/5
2026-04-20 A- 4/5 5/5 3/5 5/5 2/5 3/5 3/5
2026-04-17 A- 4/5 5/5 3/5 5/5 2/5 3/5 3/5
2026-04-16 A- 4/5 5/5 3/5 5/5 2/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
2.86B
OE per share TTM
3.90
Owner's Yield
22.13%
Maintenance CapEx ratio
131.78%
Maint CapEx / Avg PPE
46.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 289 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Fidelity International Value ETF FCIV.TO 1.97% 32.00M 0.50%
2 Brown Advisory International Value Select ETF BAIV 1.92% 1.82M 0.60%
3 Invesco STOXX Europe 600 Optimised Food & Beverage UCITS ETF SC03.DE 1.70% 320.1K 0.20%
4 Fidelity MoneyBuilder Dividend Fund 0P0000VE06.L 1.56% 8.27M 0.67%
5 iShares STOXX Europe 600 Food & Beverage UCITS ETF (DE) EXH3.DE 1.46% 5.25M 0.46%
6 Fidelity International Value Factor ETF FIVA 0.86% 4.82M 0.18%
7 State Street SPDR MSCI Europe Consumer Staples UCITS ETF CSTP.L 0.63% 1.06M 0.18%
8 iShares MSCI Europe Consumer Staples Sector UCITS ETF ESIS.L 0.62% 3.31M 0.18%
9 Xtrackers MSCI Europe Consumer Staples Screened UCITS ETF 1C XS3R.L 0.61% 356.6K 0.17%
10 Fidelity International Multifactor ETF FDEV 0.59% 1.62M 0.18%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
10.4K
Shares Outstanding
699.86M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Eoin Tonge Executive Director 2M male
George Garfield Weston Chief Executive Officer & Executive Director 2M male
Joana Edwards CFO & Executive Director female
Katharine Stewart Ethical Trade & Environmental Sustainability Director female
Lynne Walker Director of Primark Cares female
Paul Andrew Lister Company Secretary male
Sue Rachel Whalley Chief People & Performance Officer female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits