Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide.
No risks detected for GGG from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$72.19|
|52 Week High||US$60.65|
|52 Week Low||US$80.48|
|1 Month Change||-3.96%|
|3 Month Change||-7.83%|
|1 Year Change||10.76%|
|3 Year Change||88.04%|
|5 Year Change||188.64%|
|Change since IPO||13,417.11%|
Recent News & Updates
Graco Is Fairly Valued Right Now
Graco reported impressive quarterly results with growth stemming from all three segments. The company has a great balance sheet, can report high growth rates and has a wide economic moat. And right now, the stock could be more or less fairly valued.
Estimating The Intrinsic Value Of Graco Inc. (NYSE:GGG)
Does the October share price for Graco Inc. ( NYSE:GGG ) reflect what it's really worth? Today, we will estimate the...
|GGG||US Machinery||US Market|
Return vs Industry: GGG underperformed the US Machinery industry which returned 25.9% over the past year.
Return vs Market: GGG underperformed the US Market which returned 30% over the past year.
Stable Share Price: GGG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: GGG's weekly volatility (2%) has been stable over the past year.
About the Company
Graco Inc. designs, manufactures, and markets systems and equipment used to move, measure, control, dispense, and spray fluid and powder materials worldwide. The company’s Industrial segment offers proportioning systems to spray polyurethane foam and polyurea coatings; equipment that pumps, meters, mixes, and dispenses sealant, adhesive, and composite materials; and gel-coat equipment, chop and wet-out systems, resin transfer molding systems, and applicators. It also provides liquid finishing equipment; paint circulating and supply pumps; paint circulating advanced control systems; plural component coating proportioners; spare parts and accessories; and powder finishing products to coat powder finishing on metals under the Gema and SAT brands.
Graco Fundamentals Summary
|GGG fundamental statistics|
Is GGG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GGG income statement (TTM)|
|Cost of Revenue||US$886.01m|
Last Reported Earnings
Jun 25, 2021
Next Earnings Date
Oct 20, 2021
|Earnings per share (EPS)||2.62|
|Net Profit Margin||23.76%|
How did GGG perform over the long term?See historical performance and comparison
1.0%Current Dividend Yield
Is Graco undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GGG ($72.19) is trading above our estimate of fair value ($69.35)
Significantly Below Fair Value: GGG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GGG is good value based on its PE Ratio (27.6x) compared to the US Machinery industry average (29.1x).
PE vs Market: GGG is poor value based on its PE Ratio (27.6x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: GGG is poor value based on its PEG Ratio (4.2x)
Price to Book Ratio
PB vs Industry: GGG is overvalued based on its PB Ratio (8.3x) compared to the US Machinery industry average (2.8x).
How is Graco forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GGG's forecast earnings growth (6.6% per year) is above the savings rate (2%).
Earnings vs Market: GGG's earnings (6.6% per year) are forecast to grow slower than the US market (15.1% per year).
High Growth Earnings: GGG's earnings are forecast to grow, but not significantly.
Revenue vs Market: GGG's revenue (7.1% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: GGG's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GGG's Return on Equity is forecast to be high in 3 years time (25.7%)
How has Graco performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GGG has high quality earnings.
Growing Profit Margin: GGG's current net profit margins (23.8%) are higher than last year (17.5%).
Past Earnings Growth Analysis
Earnings Trend: GGG's earnings have grown significantly by 21.3% per year over the past 5 years.
Accelerating Growth: GGG's earnings growth over the past year (63.9%) exceeds its 5-year average (21.3% per year).
Earnings vs Industry: GGG earnings growth over the past year (63.9%) exceeded the Machinery industry 21.7%.
Return on Equity
High ROE: GGG's Return on Equity (30%) is considered high.
How is Graco's financial position?
Financial Position Analysis
Short Term Liabilities: GGG's short term assets ($1.2B) exceed its short term liabilities ($358.7M).
Long Term Liabilities: GGG's short term assets ($1.2B) exceed its long term liabilities ($389.2M).
Debt to Equity History and Analysis
Debt Level: GGG's debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: GGG's debt to equity ratio has reduced from 65.2% to 11% over the past 5 years.
Debt Coverage: GGG's debt is well covered by operating cash flow (289.1%).
Interest Coverage: GGG's interest payments on its debt are well covered by EBIT (49.2x coverage).
What is Graco current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GGG's dividend (1.04%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.29%).
High Dividend: GGG's dividend (1.04%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: GGG's dividends per share have been stable in the past 10 years.
Growing Dividend: GGG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.9%), GGG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GGG's dividends in 3 years are forecast to be well covered by earnings (29.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Sheahan (57 yo)
Mr. Mark W. Sheahan has been the President, Chief Executive Officer and Director at Graco Inc. since June 10, 2021 and served as its Chief Financial Officer and Treasurer since June 18, 2018 until June 10,...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD2.10M) is below average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
Experienced Management: GGG's management team is considered experienced (2.8 years average tenure).
Experienced Board: GGG's board of directors are considered experienced (8.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Graco Inc.'s employee growth, exchange listings and data sources
- Name: Graco Inc.
- Ticker: GGG
- Exchange: NYSE
- Founded: 1926
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$12.254b
- Shares outstanding: 169.74m
- Website: https://www.graco.com
Number of Employees
- Graco Inc.
- 88–11th Avenue Northeast
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 23:33|
|End of Day Share Price||2021/10/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.