Ingredion Incorporated (INGR) is a publicly traded company in the Consumer Defensive — Packaged Foods industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Ingredion Incorporated, along with its affiliated entities, specializes in the global production and sale of starches and sweeteners, catering to a diverse range of industries. The company's operations are strategically organized into four geographical segments: North America, South America, Asia-Pacific, and Europe, the Middle East, and Africa.
Is Ingredion Incorporated stock overvalued or undervalued in 2026?
Ingredion Incorporated (INGR) trades at 10.6× earnings (P/E), below the median of the 95 consumer staples companies over $2bn in Kaplio's universe. At the decade median (13.9×) $127 (+31 %); at its sector median (22.4×) $206 (+112 %).
Kaplio overview: Ingredion Incorporated
Market cap $6B · 52 weeks $94 – $120 (19 % below the high) · P/E 10.6× · 2027 expected P/E 8.8× · Dividend 3.4 % · 3 years rising · Next earnings November 5, 2026 · expected EPS $2.59 · Closing price, Oct 30 · accounts published Aug 4.
- Valuation: P/E 10.6× (cheap).
- Business: ROIC 9 % (fair).
- Balance sheet: Net debt/EBITDA 0.6× (solid).
- Earnings: 6 of 8 (on track).
What would it be worth at its usual multiples?
At the decade median (13.9×) $127 (+31 %); at its sector median (22.4×) $206 (+112 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in consumer staples: 5 of 8 pass
- Gross margin (stable 5y) 25.3 %, fails.
- Stable ROE / ROIC 13.5 %, fails.
- FCF / Net Income 70.1 %, fails.
- 10y dividend growth 6.4 %, passes, near the threshold.
- 10y EPS growth 7.3 %, passes.
- Payout Ratio 28.9 %, passes.
- Net debt / EBITDA 0.6×, passes.
- P/E vs own 10y history 10.6×, passes.
Against its peers (reference peers) — Ingredion Incorporated: P/E 10.6×; EV/EBITDA 6.4×; ROIC 9.2 %; $6.1B. Campbell Soup Company (P/E 16.4×; EV/EBITDA 10.2×; ROIC 4.9 %; $6.4B), Pilgrim's Pride Corporation (P/E 12.5×; EV/EBITDA 6.2×; ROIC 8.8 %; $6.8B), Smithfield Foods, Inc. (P/E 6.8×; EV/EBITDA 6.0×; ROIC 8.4 %; $7.2B).
Expensive or cheap against its last ten years?
P/E at each close: today 10.6× · median 13.9× · minimum 10.4× · maximum 22.8× · cheap below 13.0× · expensive above 17.8×. It has been cheaper than today only 1% of the time over its last ten years.
Dividend
solid · Yield 3.4 % ($3.29 per share in 2025) · Years raising it 3 · 5-year growth +5 % a year · Free cash flow coverage 3.9× · With $1,000 invested today you'd collect $34.00 a year ($2.83 a month).
Profitability
| Return on Equity | 13.46% |
| Return on Invested Capital | 9.21% |
| Return on Assets | 7.34% |
| Gross Margin | 23.73% |
| Operating Margin | 11.93% |
| Net Margin | 8.21% |
Financial Health
| Debt / Equity | 0.39 |
| Current Ratio | 2.80 |
| Piotroski F-Score | 8 |
| Altman Z-Score | 3.88 |
Price Performance
| 1 month | +0.72% |
| 3 months | -3.89% |
| Year-to-date | -13.30% |
| 1 year | -17.17% |
| 3 years | +2.71% |
| 5 years | -0.03% |
| 10 years | -25.88% |
Dividend History
Paid in the last 12 months: $3.2900 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-10-01 | $0.8300 |
| 2026-07-01 | $0.8200 |
| 2026-04-01 | $0.8200 |
| 2026-01-02 | $0.8200 |
| 2025-10-01 | $0.8200 |
| 2025-07-01 | $0.8000 |
| 2025-04-01 | $0.8000 |
| 2025-01-02 | $0.8000 |
| 2024-10-01 | $0.8000 |
| 2024-07-01 | $0.7800 |
Amounts adjusted for stock splits.
Related companies: SFD · PPC · SFM · CPB · OLLI · DAR · CAG · TAL
Explore sector: Consumer Defensive · Packaged Foods
More sections of INGR: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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