NasdaqGM:GPP

Stock Analysis Report

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Market Cap

US$289.4m

Last Updated

2021/06/21 02:11 UTC

Data Sources

Company Financials +

Executive Summary

Green Plains Partners LP provides fuel storage and transportation services in the United States. More Details


Snowflake Analysis

Good value second-rate dividend payer.

Share Price & News

How has Green Plains Partners's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GPP is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: GPP's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-1.6%

GPP

-4.9%

US Oil and Gas

-1.9%

US Market


1 Year Return

79.7%

GPP

35.8%

US Oil and Gas

38.2%

US Market

Return vs Industry: GPP exceeded the US Oil and Gas industry which returned 35.8% over the past year.

Return vs Market: GPP exceeded the US Market which returned 38.2% over the past year.


Shareholder returns

GPPIndustryMarket
7 Day-1.6%-4.9%-1.9%
30 Day1.5%1.9%1.0%
90 Day-1.8%9.0%3.8%
1 Year89.6%79.7%44.3%35.8%40.4%38.2%
3 Year-3.5%-28.3%-14.4%-26.4%57.5%47.8%
5 Year33.2%-18.1%0.6%-19.2%127.2%101.7%

Long-Term Price Volatility Vs. Market

How volatile is Green Plains Partners's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Green Plains Partners undervalued compared to its fair value and its price relative to the market?

49.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GPP ($12.47) is trading below our estimate of fair value ($24.55)

Significantly Below Fair Value: GPP is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GPP is good value based on its PE Ratio (7.1x) compared to the US Oil and Gas industry average (17.6x).

PE vs Market: GPP is good value based on its PE Ratio (7.1x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GPP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GPP has negative assets, so we can't compare its PB Ratio to the US Oil and Gas industry average.


Future Growth

How is Green Plains Partners forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

4.0%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if GPP's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if GPP's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GPP's revenue (4% per year) is forecast to grow slower than the US market (9.5% per year).

High Growth Revenue: GPP's revenue (4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GPP's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Green Plains Partners performed over the past 5 years?

-5.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GPP has high quality earnings.

Growing Profit Margin: GPP's current net profit margins (48.7%) are lower than last year (50%).


Past Earnings Growth Analysis

Earnings Trend: GPP's earnings have declined by 5.2% per year over the past 5 years.

Accelerating Growth: GPP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GPP had negative earnings growth (-0.2%) over the past year, making it difficult to compare to the Oil and Gas industry average (-42.9%).


Return on Equity

High ROE: GPP's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Green Plains Partners's financial position?


Financial Position Analysis

Short Term Liabilities: GPP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: GPP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: GPP has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: GPP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: GPP's debt is well covered by operating cash flow (74.2%).

Interest Coverage: GPP's interest payments on its debt are well covered by EBIT (5.8x coverage).


Balance Sheet


Dividend

What is Green Plains Partners's current dividend yield, its reliability and sustainability?

3.85%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GPP's dividend (3.85%) is higher than the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: GPP's dividend (3.85%) is in the top 25% of dividend payers in the US market (3.49%)


Stability and Growth of Payments

Stable Dividend: GPP has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: GPP has only been paying a dividend for 6 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (27.3%), GPP's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average management tenure


CEO

Todd Becker (55 yo)

6.25yrs

Tenure

US$212,417

Compensation

Mr. Todd A. Becker serves as the President and Chief Executive officer at Green Plains Grain Company TN LLC. Mr. Becker has been the Chief Executive Officer at Green Plains Inc. since January 1, 2009 and i...


CEO Compensation Analysis

Compensation vs Market: Todd's total compensation ($USD212.42K) is below average for companies of similar size in the US market ($USD1.07M).

Compensation vs Earnings: Todd's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: GPP's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: GPP's board of directors are considered experienced (5.8 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Green Plains Partners LP's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Green Plains Partners LP
  • Ticker: GPP
  • Exchange: NasdaqGM
  • Founded: 2015
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: US$289.406m
  • Shares outstanding: 23.21m
  • Website: https://www.greenplainspartners.com

Location

  • Green Plains Partners LP
  • 1811 Aksarben Drive
  • Omaha
  • Nebraska
  • 68106
  • United States

Listings


Biography

Green Plains Partners LP provides fuel storage and transportation services in the United States. It acquires, owns, develops, and operates ethanol and fuel storage facilities, terminals, transportation ass...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/21 02:11
End of Day Share Price2021/06/18 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.