<ul>
<li>如果你一直在想，Conagra Brands 在约 $17.75 的价格是否是一个便宜的选择或价值陷阱，你并不孤单。这个分析旨在为你提供一个清晰、无术语的答案。</li>
<li>该股票在过去一周上涨了约 4.1%，在过去一个月上涨了 1.7%，但这些短期收益与年初至今下跌 35.9% 和过去一年下跌 32.7% 的大幅下滑相比显得微不足道。</li>
<li>投资者对包装食品需求和投入成本的情绪变化做出了反应。像 Conagra 这样的防御性消费品在市场转向更高增长的公司时受到了较少关注。同时，关于消费者偏好变化、私人标签竞争和利润压力的头条新闻，即使在更广泛的市场反弹时，也抑制了人们的热情。</li>
<li>尽管有这样的背景，Conagra 在我们的估值检查中仍然获得了 6 分中的 5 分，表明市场可能忽视了一些价值。接下来，我们将逐步介绍这一评分背后的主要估值方法，然后以更全面的方式思考 Conagra 的真实价值。</li>
</ul>
<p>了解为什么 Conagra Brands 在过去一年中 -32.7% 的回报落后于同行。</p>
<h3>方法 1：Conagra Brands 折现现金流 (DCF) 分析</h3>
<p>折现现金流模型通过预测公司未来预计产生的现金流，并将这些现金流折现回今天的美元价值，来估算公司的价值。</p>
<p>对于 Conagra Brands，最近 12 个月的自由现金流约为 11.7 亿美元。分析师提供了未来几年的详细预测，Simply Wall St 然后使用 2 阶段自由现金流到股本模型将这些预测延伸到更长的时间范围。在这个框架下，Conagra 的自由现金流预计到 2035 年将增长到大约 19.3 亿美元，反映出从今天的水平稳步、适度的增长。</p>
<p>当所有这些未来现金流折现回今天时，该模型得出的每股内在价值估计为 $73.65。与当前约 $17.75 的股价相比，DCF 表明该股票被低估了约 75.9%，这表明市场对未来的预期远低于这些现金流预测所假设的水平。</p>
<p><strong>结果：被低估</strong></p>
<p>我们的折现现金流 (DCF) 分析表明 Conagra Brands 被低估了 75.9%。将其添加到你的关注列表或投资组合中，或发现基于现金流的 908 只更多被低估的股票。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/04039ab2-17ae-4d3e-9bdc-01df3f150b8c/chart/dcf?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1706" height="760" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/04039ab2-17ae-4d3e-9bdc-01df3f150b8c/chart/dcf"/></p>
<p>截至 2025 年 12 月的 CAG 折现现金流</p>
<p>前往我们公司报告的估值部分，了解我们如何得出 Conagra Brands 的公允价值的更多细节。</p>
<h3>方法 2：Conagra Brands 市盈率</h3>
<p>对于像 Conagra Brands 这样成熟且持续盈利的企业，市盈率是判断价值的直接方式，因为它将股价直接与每股当前产生的利润联系起来。</p>
<p>什么算是合理的市盈率取决于预期收益增长的速度和这些收益的风险程度。更快的增长和更低的风险通常会使更高的倍数合理，而较慢的增长或更多的不确定性则应意味着较低的倍数。Conagra 当前的市盈率约为 9.99 倍，远低于更广泛的食品行业平均水平约 20.22 倍，也低于同行组平均水平约 15.25 倍。</p>
<p>Simply Wall St 的公允比率进一步深化了这一点。它根据 Conagra 特定的收益增长、利润率、风险特征、行业和公司规模，估算出 Conagra 应该交易的市盈率，约为 16.40 倍。这使得它成为一个比简单将 Conagra 与一般同行进行比较更具针对性的基准。由于公允比率明显高于当前的 9.99 倍，这一视角表明市场在相对于其基本面对 Conagra 进行定价时存在折扣。</p>
<p><strong>结果：被低估</strong></p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/04039ab2-17ae-4d3e-9bdc-01df3f150b8c/chart/pe-multiple-vs-industry?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1640" height="650" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/04039ab2-17ae-4d3e-9bdc-01df3f150b8c/chart/pe-multiple-vs-industry"/></p>
<p>截至 2025 年 12 月的 NYSE:CAG 市盈率</p>
<p>市盈率讲述了一个故事，但如果真正的机会在其他地方呢？发现 1445 家内部人士正在大举押注于爆炸性增长的公司。</p>
<h3>升级你的决策：选择你的 Conagra Brands 故事</h3>
<p>我们之前提到过，有一种更好的方式来理解估值，因此让我们向你介绍叙述，这是一种将你对 Conagra Brands 的看法与一组清晰数字连接起来的简单方式。</p>
<p>叙述是你关于公司的故事，以对其未来收入、收益、利润率的假设以及你认为其公允价值应该是什么来捕捉，而不仅仅是接受一个静态的价格目标。</p>
<p>在 Simply Wall St，叙述存在于社区页面，数百万投资者使用它们将公司的故事与财务预测联系起来，然后与今天的股价进行比较，以帮助做出决策。</p>
<p>因为叙述会随着新信息的到来而动态更新，例如收益结果或股票回购的新闻，你的公允价值观点可以在不需要每次从头开始重建模型的情况下演变。</p>
<p>例如，一个 Conagra 的叙述可能假设收益保持在约 10 亿美元，并证明每股公允价值接近 $26。一个更谨慎的叙述可能倾向于收益接近 5.58 亿美元和每股公允价值约 $18。这两种观点可以在平台上并排探索。</p>
<p>你认为 Conagra Brands 的故事还有更多内容吗？前往我们的社区看看其他人怎么说！</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/04039ab2-17ae-4d3e-9bdc-01df3f150b8c/chart/quote-price?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1510" height="1044" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/04039ab2-17ae-4d3e-9bdc-01df3f150b8c/chart/quote-price"/></p>
<p>NYSE:CAG 1 年股票价格走势图</p>
<p>这篇来自 Simply Wall St 的文章具有一般性。<strong>我们仅基于历史数据和分析师预测提供评论，采用无偏见的方法，我们的文章并不意图作为财务建议。</strong> 它不构成买卖任何股票的推荐，也未考虑您的目标或财务状况。我们的目标是为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中均没有持仓。</p>
<p>国防和灾难的移动基础设施</p>
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<p>在下一轮合同之前获取投资者简报</p>
<p>由 CiTech 赞助</p>

康尼格拉

<p>康尼格拉的股票今年迄今已下跌 35.9%，引发了对其估值的质疑。尽管短期内有所上涨，但根据折现现金流和市盈率分析，该股票被认为被低估。DCF 模型显示其内在价值为每股 73.65 美元，低估幅度达到 75.9%。市盈率低于行业平均水平，表明相对于基本面存在折扣。投资者被鼓励探索相关叙述，以便进行全面的估值分析</p>

<ul>
<li>If you have been wondering whether Conagra Brands is a bargain or a value trap at around $17.75, you are not alone. This breakdown is designed to give you a clear, no jargon answer.</li>
<li>The stock has bounced about 4.1% over the last week and 1.7% over the last month, but those short term gains are set against a much steeper slide of 35.9% year to date and 32.7% over the last year.</li>
<li>Investors have been reacting to shifting sentiment around packaged food demand and input costs. Defensive staples like Conagra have seen less attention as markets rotate into higher growth names. At the same time, headlines about changing consumer preferences, private label competition and margin pressures have kept a lid on enthusiasm even when the broader market rallies.</li>
<li>Despite that backdrop, Conagra still scores a solid 5 out of 6 on our valuation checks, suggesting the market may be overlooking some value here. Next we will walk through the main valuation approaches behind that score, then finish with a more complete way to think about what Conagra is really worth.</li>
</ul>
<div class="lb-trans"><ul>
<li>如果你一直在想，Conagra Brands 在约 $17.75 的价格是否是一个便宜的选择或价值陷阱，你并不孤单。这个分析旨在为你提供一个清晰、无术语的答案。</li>
<li>该股票在过去一周上涨了约 4.1%，在过去一个月上涨了 1.7%，但这些短期收益与年初至今下跌 35.9% 和过去一年下跌 32.7% 的大幅下滑相比显得微不足道。</li>
<li>投资者对包装食品需求和投入成本的情绪变化做出了反应。像 Conagra 这样的防御性消费品在市场转向更高增长的公司时受到了较少关注。同时，关于消费者偏好变化、私人标签竞争和利润压力的头条新闻，即使在更广泛的市场反弹时，也抑制了人们的热情。</li>
<li>尽管有这样的背景，Conagra 在我们的估值检查中仍然获得了 6 分中的 5 分，表明市场可能忽视了一些价值。接下来，我们将逐步介绍这一评分背后的主要估值方法，然后以更全面的方式思考 Conagra 的真实价值。</li>
</ul>
</div><p>Find out why Conagra Brands's -32.7% return over the last year is lagging behind its peers.</p>
<div class="lb-trans"><p>了解为什么 Conagra Brands 在过去一年中 -32.7% 的回报落后于同行。</p>
</div><h3>Approach 1: Conagra Brands Discounted Cash Flow (DCF) Analysis</h3>
<div class="lb-trans"><h3>方法 1：Conagra Brands 折现现金流 (DCF) 分析</h3>
</div><p>A Discounted Cash Flow model estimates what a company is worth by projecting the cash it is expected to generate in the future and discounting those cash flows back to today in dollar terms.</p>
<div class="lb-trans"><p>折现现金流模型通过预测公司未来预计产生的现金流，并将这些现金流折现回今天的美元价值，来估算公司的价值。</p>
</div><p>For Conagra Brands, the latest twelve months Free Cash Flow is about $1.17 billion. Analysts provide detailed forecasts for the next few years, and Simply Wall St then extrapolates those out over a longer horizon using a 2 Stage Free Cash Flow to Equity model. Under this framework, Conagra’s Free Cash Flow is projected to grow to roughly $1.93 billion by 2035, reflecting steady, moderate growth from today’s levels.</p>
<div class="lb-trans"><p>对于 Conagra Brands，最近 12 个月的自由现金流约为 11.7 亿美元。分析师提供了未来几年的详细预测，Simply Wall St 然后使用 2 阶段自由现金流到股本模型将这些预测延伸到更长的时间范围。在这个框架下，Conagra 的自由现金流预计到 2035 年将增长到大约 19.3 亿美元，反映出从今天的水平稳步、适度的增长。</p>
</div><p>When all those future cash flows are discounted back to today, the model arrives at an estimated intrinsic value of $73.65 per share. Compared with the current share price around $17.75, the DCF suggests the stock is about 75.9% undervalued, which indicates that the market is pricing in a much weaker future than these cash flow projections assume.</p>
<div class="lb-trans"><p>当所有这些未来现金流折现回今天时，该模型得出的每股内在价值估计为 $73.65。与当前约 $17.75 的股价相比，DCF 表明该股票被低估了约 75.9%，这表明市场对未来的预期远低于这些现金流预测所假设的水平。</p>
</div><p><strong>Result: UNDERVALUED</strong></p>
<div class="lb-trans"><p><strong>结果：被低估</strong></p>
</div><p>Our Discounted Cash Flow (DCF) analysis suggests Conagra Brands is undervalued by 75.9%. Track this in your watchlist or portfolio, or discover 908 more undervalued stocks based on cash flows.</p>
<div class="lb-trans"><p>我们的折现现金流 (DCF) 分析表明 Conagra Brands 被低估了 75.9%。将其添加到你的关注列表或投资组合中，或发现基于现金流的 908 只更多被低估的股票。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/04039ab2-17ae-4d3e-9bdc-01df3f150b8c/chart/dcf" alt="" original-src="https://images.simplywall.st/company/04039ab2-17ae-4d3e-9bdc-01df3f150b8c/chart/dcf"/></p>
<p>CAG Discounted Cash Flow as at Dec 2025</p>
<div class="lb-trans"><p>截至 2025 年 12 月的 CAG 折现现金流</p>
</div><p>Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Conagra Brands.</p>
<div class="lb-trans"><p>前往我们公司报告的估值部分，了解我们如何得出 Conagra Brands 的公允价值的更多细节。</p>
</div><h3>Approach 2: Conagra Brands Price vs Earnings</h3>
<div class="lb-trans"><h3>方法 2：Conagra Brands 市盈率</h3>
</div><p>For a mature, consistently profitable business like Conagra Brands, the Price to Earnings ratio is a straightforward way to judge value, because it links the share price directly to the profits each share is generating today.</p>
<div class="lb-trans"><p>对于像 Conagra Brands 这样成熟且持续盈利的企业，市盈率是判断价值的直接方式，因为它将股价直接与每股当前产生的利润联系起来。</p>
</div><p>What counts as a reasonable PE depends on how quickly earnings are expected to grow and how risky those earnings are. Faster growth and lower risk usually justify a higher multiple, while slower growth or more uncertainty should mean a lower one. Conagra currently trades on about 9.99x earnings, which is well below the broader Food industry average of roughly 20.22x and also under the peer group average of about 15.25x.</p>
<div class="lb-trans"><p>什么算是合理的市盈率取决于预期收益增长的速度和这些收益的风险程度。更快的增长和更低的风险通常会使更高的倍数合理，而较慢的增长或更多的不确定性则应意味着较低的倍数。Conagra 当前的市盈率约为 9.99 倍，远低于更广泛的食品行业平均水平约 20.22 倍，也低于同行组平均水平约 15.25 倍。</p>
</div><p>Simply Wall St’s Fair Ratio takes this a step further. It estimates what PE Conagra should trade on, around 16.40x, based on its specific mix of earnings growth, profit margins, risk profile, industry and company size. That makes it a more tailored benchmark than simply lining Conagra up against generic peers. With the Fair Ratio notably above the current 9.99x, this lens points to the market pricing Conagra at a discount relative to its fundamentals.</p>
<div class="lb-trans"><p>Simply Wall St 的公允比率进一步深化了这一点。它根据 Conagra 特定的收益增长、利润率、风险特征、行业和公司规模，估算出 Conagra 应该交易的市盈率，约为 16.40 倍。这使得它成为一个比简单将 Conagra 与一般同行进行比较更具针对性的基准。由于公允比率明显高于当前的 9.99 倍，这一视角表明市场在相对于其基本面对 Conagra 进行定价时存在折扣。</p>
</div><p><strong>Result: UNDERVALUED</strong></p>
<div class="lb-trans"><p><strong>结果：被低估</strong></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/04039ab2-17ae-4d3e-9bdc-01df3f150b8c/chart/pe-multiple-vs-industry" alt="" original-src="https://images.simplywall.st/company/04039ab2-17ae-4d3e-9bdc-01df3f150b8c/chart/pe-multiple-vs-industry"/></p>
<p>NYSE:CAG PE Ratio as at Dec 2025</p>
<div class="lb-trans"><p>截至 2025 年 12 月的 NYSE:CAG 市盈率</p>
</div><p>PE ratios tell one story, but what if the real opportunity lies elsewhere? Discover 1445 companies where insiders are betting big on explosive growth.</p>
<div class="lb-trans"><p>市盈率讲述了一个故事，但如果真正的机会在其他地方呢？发现 1445 家内部人士正在大举押注于爆炸性增长的公司。</p>
</div><h3>Upgrade Your Decision Making: Choose your Conagra Brands Narrative</h3>
<div class="lb-trans"><h3>升级你的决策：选择你的 Conagra Brands 故事</h3>
</div><p>Earlier we mentioned that there is an even better way to understand valuation, so let us introduce you to Narratives, a simple way to connect your view of Conagra Brands to a clear set of numbers.</p>
<div class="lb-trans"><p>我们之前提到过，有一种更好的方式来理解估值，因此让我们向你介绍叙述，这是一种将你对 Conagra Brands 的看法与一组清晰数字连接起来的简单方式。</p>
</div><p>A Narrative is your story about the company, captured as assumptions about its future revenue, earnings, margins and ultimately what you think its fair value should be, rather than just accepting a single static price target.</p>
<div class="lb-trans"><p>叙述是你关于公司的故事，以对其未来收入、收益、利润率的假设以及你认为其公允价值应该是什么来捕捉，而不仅仅是接受一个静态的价格目标。</p>
</div><p>On Simply Wall St, Narratives live in the Community page, where millions of investors use them to link a company’s story to a financial forecast and then to a fair value estimate that can be compared directly to today’s share price to help inform a decision.</p>
<div class="lb-trans"><p>在 Simply Wall St，叙述存在于社区页面，数百万投资者使用它们将公司的故事与财务预测联系起来，然后与今天的股价进行比较，以帮助做出决策。</p>
</div><p>Because Narratives update dynamically as new information comes in, such as earnings results or news on share repurchases, your fair value view can evolve without you needing to rebuild a model from scratch each time.</p>
<div class="lb-trans"><p>因为叙述会随着新信息的到来而动态更新，例如收益结果或股票回购的新闻，你的公允价值观点可以在不需要每次从头开始重建模型的情况下演变。</p>
</div><p>For example, one Conagra Narrative might assume earnings hold near $1.0 billion and justify a fair value closer to $26 per share. A more cautious Narrative could lean towards earnings nearer $558 million and a fair value around $18. Both perspectives can be explored side by side on the platform.</p>
<div class="lb-trans"><p>例如，一个 Conagra 的叙述可能假设收益保持在约 10 亿美元，并证明每股公允价值接近 $26。一个更谨慎的叙述可能倾向于收益接近 5.58 亿美元和每股公允价值约 $18。这两种观点可以在平台上并排探索。</p>
</div><p>Do you think there's more to the story for Conagra Brands? Head over to our Community to see what others are saying!</p>
<div class="lb-trans"><p>你认为 Conagra Brands 的故事还有更多内容吗？前往我们的社区看看其他人怎么说！</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/04039ab2-17ae-4d3e-9bdc-01df3f150b8c/chart/quote-price" alt="" original-src="https://images.simplywall.st/company/04039ab2-17ae-4d3e-9bdc-01df3f150b8c/chart/quote-price"/></p>
<p>NYSE:CAG 1-Year Stock Price Chart</p>
<div class="lb-trans"><p>NYSE:CAG 1 年股票价格走势图</p>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p>这篇来自 Simply Wall St 的文章具有一般性。<strong>我们仅基于历史数据和分析师预测提供评论，采用无偏见的方法，我们的文章并不意图作为财务建议。</strong> 它不构成买卖任何股票的推荐，也未考虑您的目标或财务状况。我们的目标是为您提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中均没有持仓。</p>
</div><p>Mobile Infrastructure for Defense and Disaster</p>
<div class="lb-trans"><p>国防和灾难的移动基础设施</p>
</div><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p>
<div class="lb-trans"><p>下一波机器人技术不是类人型的。它是完全自主的塔楼，在 30 分钟内提供 5G、ISR 和雷达服务，覆盖任何地方。</p>
</div><p>Get the investor briefing before the next round of contracts</p>
<div class="lb-trans"><p>在下一轮合同之前获取投资者简报</p>
</div><p>Sponsored On Behalf of CiTech</p>
<div class="lb-trans"><p>由 CiTech 赞助</p>
</div>

在 2025 年股价下跌 35% 后，康尼格拉是否成为一个潜在的投资机会？