Andersons Inc vs United Natural Foods Inc

Andersons Inc (ANDE) is slightly undervalued and United Natural Foods Inc (UNFI) is slightly overvalued.

Against our estimates of intrinsic value, ANDE trades at the wider discount: a margin of safety of +7%, against -15% for UNFI.

Values as of the 22 Sept 2026 close.

Andersons Inc (ANDE)

Discounting its cash flows at 7.8% (average of 2 methods) values the shares at $71.94; the price of $66.94 is 7% below that value.

Leak Score 43/100 on 3 of 12 signals

United Natural Foods Inc (UNFI)

Discounting its cash flows at 7.5% (average of 2 methods) values the shares at $39.75; the price of $45.86 is 15% above that value.

Leak Score 0/100 on 3 of 12 signals

MetricANDEUNFI
VerdictSlightly undervaluedSlightly overvalued
Price$66.94$45.86
Intrinsic value$71.94$39.75
Margin of safety+7%-15%
Leak Score43/100 (3/12)0/100 (3/12)
Market cap$2.3B$2.8B
Revenue growth, 5 years6.4%2.9%
Operating margin1.2%1.1%
Net margin1.6%0.3%
Return on equity13.2%5.3%
Debt to equity0.681.87
P/E12.9x34.3x
Forward P/E10.5x11.3x
P/B1.7x1.7x
Dividend yield1.2%

All stocks in Food Distribution