NasdaqGS:GPRE

Stock Analysis Report

Executive Summary

Green Plains Inc. produces, markets, and distributes ethanol in the United States and internationally.


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: GPRE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-22.4%

GPRE

-0.8%

US Oil and Gas

-1.1%

US Market


1 Year Return

-75.9%

GPRE

-56.3%

US Oil and Gas

-13.6%

US Market

Return vs Industry: GPRE underperformed the US Oil and Gas industry which returned -56.1% over the past year.

Return vs Market: GPRE underperformed the US Market which returned -10.7% over the past year.


Shareholder returns

GPREIndustryMarket
7 Day-22.4%-0.8%-1.1%
30 Day-65.6%-37.3%-17.8%
90 Day-72.9%-52.2%-22.5%
1 Year-75.7%-75.9%-54.5%-56.3%-11.9%-13.6%
3 Year-81.6%-82.7%-52.0%-56.7%12.1%4.9%
5 Year-84.1%-85.8%-54.6%-61.7%30.5%16.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

24.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GPRE ($4.93) is trading below our estimate of fair value ($5.46)

Significantly Below Fair Value: GPRE is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: GPRE is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: GPRE is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GPRE is good value based on its PB Ratio (0.2x) compared to the US Oil and Gas industry average (0.5x).


Next Steps

Future Growth

How is Green Plains forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

63.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GPRE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: GPRE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: GPRE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: GPRE's revenue (4.2% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: GPRE's revenue (4.2% 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 GPRE's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Green Plains performed over the past 5 years?

-65.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GPRE is currently unprofitable.

Growing Profit Margin: GPRE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GPRE is unprofitable, and losses have increased over the past 5 years at a rate of -65% per year.

Accelerating Growth: Unable to compare GPRE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GPRE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-11.4%).


Return on Equity

High ROE: GPRE has a negative Return on Equity (-17.2%), as it is currently unprofitable.


Next Steps

Financial Health

How is Green Plains's financial position?


Financial Position Analysis

Short Term Liabilities: GPRE's short term assets ($667.9M) exceed its short term liabilities ($541.8M).

Long Term Liabilities: GPRE's short term assets ($667.9M) exceed its long term liabilities ($291.1M).


Debt to Equity History and Analysis

Debt Level: GPRE's debt to equity ratio (65.2%) is considered high.

Reducing Debt: GPRE's debt to equity ratio has reduced from 84.4% to 65.2% over the past 5 years.


Balance Sheet

Inventory Level: GPRE has a high level of physical assets or inventory.

Debt Coverage by Assets: GPRE's debt is covered by short term assets (assets are 1.2x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GPRE has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: GPRE has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

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

8.72%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GPRE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate GPRE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GPRE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GPRE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: GPRE is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GPRE's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

2.3yrs

Average management tenure


CEO

Todd Becker (54yo)

11.25s

Tenure

US$4,898,058

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 ($USD4.57M) is above average for companies of similar size in the US market ($USD1.48M).

Compensation vs Earnings: Todd's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Todd Becker
President11.25yrsUS$4.90m1.48% $2.1m
Michelle Mapes
Chief Legal & Administration Officer and Corporate Secretary2.25yrsUS$994.22k0.15% $212.2k
George Simpkins
Chief Financial Officer0.92yrUS$1.12m0.44% $635.2k
Paul Kolomaya
Chief Accounting Officer0.92yrUS$745.21k0.24% $342.4k
Phil Boggs
Senior VP of Investor Relations & Treasurer0.42yrno datano data
Mark Hudak
Executive Vice President of Human Resources6.42yrsno data0.16% $230.6k
Walter Cronin
Chief Commercial Officer4.67yrsUS$886.09k0.21% $296.9k

2.3yrs

Average Tenure

55yo

Average Age

Experienced Management: GPRE's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Todd Becker
President11.25yrsUS$4.90m1.48% $2.1m
Ejnar Knudsen
Independent Director3.92yrsUS$200.00k0.21% $297.2k
Thomas Manuel
Director4.92yrsUS$200.00k0.079% $114.7k
James Crowley
Independent Director11.5yrsUS$220.00k0.098% $142.2k
S. Edwards
Director5.83yrsUS$200.00k0.13% $188.4k
Wayne Hoovestol
Chairman of the Board11.5yrsUS$220.00k0.49% $705.8k
Brian Peterson
Independent Director14.92yrsUS$204.00k0.25% $362.8k
Alain Treuer
Vice Chairman of the Board4.67yrsUS$210.00k0.92% $1.3m
Gordon Glade
Independent Director12.33yrsUS$200.00k0.22% $319.6k
James Anderson
Independent Director11.5yrsUS$200.00k0.24% $348.9k

11.3yrs

Average Tenure

58yo

Average Age

Experienced Board: GPRE's board of directors are seasoned and experienced ( 11.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GPRE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Green Plains Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Green Plains Inc.
  • Ticker: GPRE
  • Exchange: NasdaqGS
  • Founded: 2004
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: US$144.751m
  • Shares outstanding: 35.05m
  • Website: https://www.gpreinc.com

Number of Employees


Location

  • Green Plains Inc.
  • 1811 Aksarben Drive
  • Omaha
  • Nebraska
  • 68106
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GPRENasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJun 2006
G3VDB (Deutsche Boerse AG)YesCommon StockDEEURJun 2006
0J0PLSE (London Stock Exchange)YesCommon StockGBUSDJun 2006
G3VBRSE (Berne Stock Exchange)YesCommon StockCHCHFJun 2006

Biography

Green Plains Inc. produces, markets, and distributes ethanol in the United States and internationally. The company operates in four segments: Ethanol Production, Agribusiness and Energy Services, Food and Ingredients, and Partnership. The Ethanol Production segment produces and sells ethanol, distiller grains, and corn oil. The Agribusiness and Energy Services segment engages in the grain procurement, handling, and storage activities; and commodity marketing business, which purchases, markets, sells, and distributes ethanol, distiller grains, and corn oil, as well as grain, natural gas, and other commodities in various markets. This segment also provides grain drying and storage services to grain producers. The Food and Ingredients segment produces, trades in, and sells corn and soybean oil. The Partnership segment offers fuel storage and transportation services. As of December 31, 2019, this segment operated through 32 ethanol storage facilities; 7 fuel terminal facilities; and a fleet of approximately 2,630 leased railcars. The company was formerly known as Green Plains Renewable Energy, Inc. and changed its name to Green Plains Inc. in May 2014. Green Plains Inc. was founded in 2004 and is headquartered in Omaha, Nebraska. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/02 09:58
End of Day Share Price2020/04/01 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.