Stock fact sheet · data as of
Campbell Soup Company (CPB): fair value, margin of safety and Wheel Score
Consumer Defensive · Packaged Foods · United States · High Yield Income
Is CPB undervalued?
CPB closed at 19.84 on 16 Oct 2026, 26% below the GLS average fair value of 26.87 from 9 models (5 of them above the price). That is a moderate margin of safety: the stock passes the "below fair value" rule of the Sunday Scan, and the Wheel Score gives it 23 of the 25 Value points.
There is a wide gap between GLS Growth (3.96) and 10 Cap (61.05). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files CPB under High Yield Income: a dividend yield above 4%.
Nine valuation models for CPB
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 42.84 | +116% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 19.83 | -0% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 26.72 | +35% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 7.91 | -60% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 3.96 | -80% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 61.05 | +208% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 43.60 | +120% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 20.89 | +5% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 15.03 | -24% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -29.41 | -248% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 19.73 | -1% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Campbell Soup Company scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 2.5/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 3.7%, ROE 10.5%, ROA 2.6% - with debt at 1.85 times equity and a free-cash-flow yield of 11.5%.
The dividend yield is high at 7.16% (payout ratio 117%) - a payout above 100% of earnings, which is not covered by profits. A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual. Revenue comes mainly from Baked Snacks 48%, Beverages 32%, Soups 20% (quarter Q4 FY2026).
Institutional ownership scores 8/10, insider activity 10/10 and Congressional trading 2/10 on the GLS smart-money scales; the last recorded insider buy was on 25 Sep 2026.
| Piotroski F-score | 5 / 9 | ROIC | 3.7% |
|---|---|---|---|
| GLS Moat | 2.5 / 10 | ROE | 10.5% |
| Debt / equity | 1.85 | ROA | 2.6% |
| Free-cash-flow yield | 11.5% | Payout ratio | 117% |
| Institutions | 8 / 10 | Insiders · Congress | 10 · 2 / 10 |
Wheel Score 77: Good
With a Wheel Score of 77 - the Good band - Campbell Soup Company clears the Sunday Scan's "70 or higher" rule. The parts: Value 23/25, Health 11/20, Moat 4/15, Premium 20/20, Stability 19/20; Moat (4/15) scores lowest.
Implied volatility is 38% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. The option chain is deep: 187,591 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 9.8M shares a day on a market cap of $5.9B, with a beta of -0.00 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 19 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 23 / 25 | 26% margin of safety | |
| Health | 11 / 20 | Piotroski 5/9 | |
| Moat | 4 / 15 | moat 2.5/10 | |
| Premium | 20 / 20 | implied volatility 38% | |
| Stability | 19 / 20 | 9.8M shares/day, $5.9B cap, beta -0.00 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 8 Dec 2026, 53 days away - outside the window of a 30-45-day put sold today.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Packaged Foods
The 12 companies below are the closest to Campbell Soup Company by market cap within the Packaged Foods industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| INGR Ingredion Incorporated | 97.27 | 228.28 | +57% | 82Prime | $6.1B |
| CAG Conagra Brands, Inc. | 14.18 | 26.09 | +46% | 45Weak | $6.8B |
| PPC Pilgrim's Pride Corporation | 29.01 | 65.35 | +56% | 82Prime | $6.9B |
| SFD Smithfield Foods, Inc. | 18.30 | 34.73 | +47% | 78Good | $7.2B |
| LW Lamb Weston Holdings, Inc. | 54.21 | 39.77 | -36% | 63Fair | $7.5B |
| DAR Darling Ingredients Inc. | 60.87 | 63.96 | +5% | 81Prime | $9.6B |
| POST Post Holdings, Inc. | 77.66 | 263.98 | +71% | 82Prime | $3.4B |
| FRPT Freshpet, Inc. | 67.65 | 100.50 | +33% | 80Prime | $3.3B |
| HRL Hormel Foods Corporation | 20.19 | 16.39 | -23% | 54Fair | $11.1B |
| MICC The Magnum Ice Cream Company N.V. | 18.44 | 21.79 | +15% | 76Good | $11.3B |
| MKC McCormick & Company, Incorporated | 45.71 | 73.06 | +37% | 81Prime | $12.3B |
| MZTI The Marzetti Company | 103.19 | 110.34 | +6% | 73Good | $2.8B |
⚖ Compare CPB with 7 of them All Consumer Defensive stocks →
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A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the same eight-rule screen, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about CPB
Is CPB undervalued right now?
By the GLS models, moderately: at 19.84 the stock trades 26% below the average fair value of 26.87 (data as of 16 Oct 2026).
What is the Wheel Score of CPB and what does it mean?
CPB scores 77 out of 100 (Good). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for CPB?
26.87 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Campbell Soup Company report earnings next?
The next earnings report is due on 8 Dec 2026 (before the open), 53 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does CPB have listed options, and how liquid are they?
Yes. The nightly snapshot found 712 listed contracts with 187,591 open interest across all expiries and implied volatility of 38% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.