TM

The Marzetti Company

MZTIยทNASDAQ

$107.01

-2.4%
Consumer DefensivePackaged Foods

Manufactures and markets specialty food products (garlic breads, rolls, dressings, dips, pasta, croutons), serving retail and foodservice channels in the U.S.

At a Glance

Live Snapshot
Market Cap$2.93B
EPS6.0800
P/E Ratio17.60
Earnings Date08/20/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 17.6).

Valuation inputs: P/E 17.6, earnings yield +5.7%, momentum -2.4%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is strong (ROE +16.8%, ROIC +15.7%).

Profitability stack: net margin +8.8%, ROE +16.8%, ROIC +15.7%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +21.7%, momentum -2.4%, net margin +8.8%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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The Marzetti Company Market vs Earnings Trajectory

MZTI ยท NASDAQ

Loading price and EPS data...

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The Marzetti Company Fair Value Envelope

MZTI ยท NASDAQ

Our analysis suggests that MZTI has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $107.01, this represents a potential HIDDEN relative to our calculated worth for The Marzetti Company.

Intrinsic Value
Current Price: $107.01
3Y+87.0%
5Y+22.0%
10Y+37.0%
3Y+14.0%
5Y+43.0%
10Y+60.0%
3Y+87.0%
5Y+22.0%
10Y+37.0%
3Y+157.0%
5Y+53.0%
10Y+83.0%
3Y-775.0%
5Y+131.0%
10Y+62.0%
3Y+17.0%
5Y+28.0%
10Y+101.0%
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The Marzetti Company Profit Bridge

MZTI ยท NASDAQ
Revenue1.91B
Cost of Goods Sold (1.45B)
Gross Profit455.65M
Operating Expenses (235.33M)
Operating Income220.32M
Interest Expense (0.00)
Other Income/Expense-6.85M
Pretax Income213.46M
Income Tax (46.12M)
Net Income167.35M
Net Income
167.35M

Profitability Analysis

Gross Margin

23.9%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

11.5%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

8.8%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

21.6%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

23.87%
Gross Profit Margin
3%
3Y+12.0%
5Y-11.0%
10Y-5.0%
11.54%
Operating Profit Margin
8%
3Y+73.0%
5Y-12.0%
10Y-26.0%
8.77%
Net Profit Margin
3%
3Y+64.0%
5Y-15.0%
10Y-14.0%
16.76%
Return on Equity
-2%
3Y+58.0%
5Y-4.0%
10Y-29.0%
13.13%
Return on Assets
3Y+60.0%
5Y-5.0%
10Y-32.0%
15.70%
Return on Invested Capital
6%
3Y+65.0%
5Y+2.0%
10Y-28.0%
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The Marzetti Company Cash Conversion Engine

MZTI ยท NASDAQ
Net Income167.35M
Depreciation & Amortization62.17M
Stock-Based Compensation8.98M
Change in Working Capital3.15M
Others19.36M
Capital Expenditures-58.00M
Free Cash Flow203.50M

Cash Flow Quality Analysis

FCF Conversion Rate

121.6%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

22.2%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+10.6%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

+$3.15M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

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The Marzetti Company Funding & Solvency Profile

MZTI ยท NASDAQ
Cash & Cash Equivalents218.45M
Net Receivables98.31M
Inventory175.26M
Other Current Assets21.91M
Total Current Assets514 M
Property, Plant & Equipment1.06B
Goodwill & Intangible Assets222.77M
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets1 B
Total Assets
1.79B

Financial Health Analysis

Current Ratio

2.58x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.72x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

315 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

29% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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The Marzetti Company Street Expectations Map

MZTI ยท NASDAQ

Wall Street analysts project that MZTI stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 140.00, with estimates ranging from a low of 140.00 to a high of 140.00.

Lowest Target
140.00
30.83%
Consensus Target
140.00
30.83%
Highest Target
140.00
30.83%

The consensus 1-year price target stands at 140.00, with estimates ranging from a low of 140.00 to a high of 140.00.

Analyst Consensus Analysis

Upside Potential

+30.8%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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The Marzetti Company Insider Positioning

MZTI ยท NASDAQ

During the last 12 months, there has been no insider trading activity reported for MZTI.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

0.73%
Dividend Yield
19%
3Y+73.0%
5Y+69.0%
10Y+85.0%
ย 

mzti Dividend History

MZTI
10Y CAGR +7%
Latest $1
Annual $4.9
5 year growth trend
Last Period: +0%