NasdaqGS:GPRE

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Unattractive dividend payer with imperfect balance sheet.


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


Market Performance


7 Day Return

4.1%

GPRE

1.0%

US Oil and Gas

0.07%

US Market


1 Year Return

-34.0%

GPRE

-16.7%

US Oil and Gas

8.9%

US Market

Return vs Industry: GPRE underperformed the US Oil and Gas industry which returned -16.7% over the past year.

Return vs Market: GPRE underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

GPREIndustryMarket
7 Day4.1%1.0%0.07%
30 Day13.5%-4.3%-0.3%
90 Day7.9%-7.3%-1.6%
1 Year-32.4%-34.0%-13.5%-16.7%11.3%8.9%
3 Year-52.6%-55.9%-5.8%-14.4%46.3%36.8%
5 Year-60.2%-64.4%-23.1%-34.1%62.1%44.3%

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?

0.5x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: GPRE ($11.46) is trading above our estimate of fair value ($5.32)

Significantly Below Fair Value: GPRE is trading above our estimate of fair value.


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 (0.5x) compared to the US Oil and Gas industry average (0.9x).


Next Steps

Future Growth

How is Green Plains forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

2.2%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if GPRE's forecast earnings growth is above the savings rate (2.7%).

Earnings vs Market: Insufficient data to determine if GPRE'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: GPRE's revenue (2.2% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: GPRE's revenue (2.2% 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?

-48.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GPRE is unprofitable, and losses have increased over the past 5 years at a rate of -48.6% 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 (20.6%).


Return on Equity

High ROE: GPRE has a negative Return on Equity (-2.58%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: GPRE is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: GPRE is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Green Plains's financial position?


Financial Position Analysis

Short Term Liabilities: GPRE's short term assets ($1.1B) exceeds its short term liabilities ($716.8M)

Long Term Liabilities: GPRE's short term assets (1.1B) exceeds its long term liabilities (429.4M)


Debt to Equity History and Analysis

Debt Level: GPRE's debt to equity ratio (90.1%) is considered high

Reducing Debt: GPRE's debt to equity ratio has increased from 89.2% to 90.1% over the past 5 years.

Debt Coverage: GPRE's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if GPRE's interest payments on its debt are well covered by EBIT.


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 1.212750x debt).


Next Steps

Dividend

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

4.19%

Current Dividend Yield


Dividend Yield vs Market

company4.2%marketbottom25%1.4%markettop25%3.7%industryaverage4.2%forecastin3Years3.6%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: GPRE's dividend (4.19%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: GPRE's dividend (4.19%) is in the top 25% of dividend payers in the US market (3.68%)

Stable Dividend: Whilst dividend payments have been stable, GPRE has been paying a dividend for less than 10 years.

Growing Dividend: GPRE's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: GPRE is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: GPRE's dividends in 3 years are not forecast to be well covered by earnings (254.8% payout ratio).


Next Steps

Management

What is the CEO of Green Plains's salary, the management and board of directors tenure and is there insider trading?

3.9yrs

Average management tenure


CEO

Todd Becker (54yo)

10.8yrs

Tenure

US$4,572,356

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 ($USD4.57M) is above average for companies of similar size in the US market ($USD1.81M).

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


Management Age and Tenure

3.9yrs

Average Tenure

56yo

Average Age

Experienced Management: GPRE's management team is considered experienced (3.9 years average tenure).


Board Age and Tenure

10.8yrs

Average Tenure

58yo

Average Age

Experienced Board: GPRE's board of directors are seasoned and experienced ( 10.8 years average tenure).


Insider Trading

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


Recent Insider Transactions

SellUS$1,672,29815 Aug 19
Mangrove Partners
EntityCompany
Shares216,342
Max PriceUS$8.41
BuyUS$107,25015 Aug 19
S. Edwards
EntityIndividual
Role
Member of the Board of Directors
Director
Shares15,000
Max PriceUS$7.15
SellUS$55,81807 Jun 19
Alain Treuer
EntityIndividual
Role
Vice Chairman
Vice Chairman of the Board
Shares4,296
Max PriceUS$12.99
SellUS$117,92707 Jun 19
Alain Treuer
EntityIndividual
Role
Vice Chairman
Vice Chairman of the Board
Shares9,029
Max PriceUS$13.06
SellUS$146,71721 Mar 19
Michael Metzler
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Natural Gas & Power
Shares8,432
Max PriceUS$17.40
SellUS$60,18021 Mar 19
Paul Kolomaya
EntityIndividual
Role
Chief Accounting Officer
Chief Accounting Officer
Shares3,500
Max PriceUS$17.50
SellUS$85,59221 Mar 19
Michelle Mapes
EntityIndividual
Role
Chief Administrative Officer
Chief Legal & Administration Officer and Corporate Secretary
Shares5,000
Max PriceUS$17.43
SellUS$80,77515 Mar 19
Michelle Mapes
EntityIndividual
Role
Chief Administrative Officer
Chief Legal & Administration Officer and Corporate Secretary
Shares5,000
Max PriceUS$16.16
SellUS$116,17405 Mar 19
Paul Kolomaya
EntityIndividual
Role
Chief Accounting Officer
Chief Accounting Officer
Shares7,250
Max PriceUS$16.02
SellUS$30,33421 Feb 19
Anthony Vojslavek
EntityIndividual
Shares1,957
Max PriceUS$15.50
SellUS$261,74819 Feb 19
Michael Metzler
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Natural Gas & Power
Shares17,052
Max PriceUS$15.35
SellUS$5,75228 Dec 18
Alain Treuer
EntityIndividual
Role
Vice Chairman
Vice Chairman of the Board
Shares471
Max PriceUS$12.21
SellUS$239,64221 Dec 18
Jeffrey Briggs
EntityIndividual
Shares18,434
Max PriceUS$13.00
SellUS$593,95320 Dec 18
Jeffrey Briggs
EntityIndividual
Shares44,581
Max PriceUS$13.32
SellUS$93,78026 Nov 18
Walter Cronin
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Commercial Operations
Shares6,000
Max PriceUS$15.63
SellUS$68,00026 Nov 18
Paul Kolomaya
EntityIndividual
Role
Chief Accounting Officer
Chief Accounting Officer
Shares4,000
Max PriceUS$17.00
SellUS$1,492,17521 Nov 18
Todd Becker
EntityIndividual
Role
Chief Executive Officer
President
Shares90,000
Max PriceUS$16.88
SellUS$101,91021 Nov 18
Walter Cronin
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Commercial Operations
Shares6,000
Max PriceUS$17.49
SellUS$119,98020 Nov 18
Michelle Mapes
EntityIndividual
Role
Chief Administrative Officer
Chief Legal & Administration Officer and Corporate Secretary
Shares7,000
Max PriceUS$17.14
SellUS$431,92514 Nov 18
Jeffrey Briggs
EntityIndividual
Shares25,000
Max PriceUS$17.28

Ownership Breakdown


Management Team

  • Michael Metzler (56yo)

    Executive Vice President of Natural Gas & Power

    • Tenure: 3.9yrs
    • Compensation: US$1.16m
  • Michelle Mapes (52yo)

    Chief Legal & Administration Officer and Corporate Secretary

    • Tenure: 1.8yrs
    • Compensation: US$998.33k
  • Todd Becker (54yo)

    President

    • Tenure: 10.8yrs
    • Compensation: US$4.57m
  • Paul Kolomaya (54yo)

    Chief Accounting Officer

    • Tenure: 0.4yrs
  • Jim Stark (58yo)

    Vice President of Investor & Media Relations

    • Tenure: 0yrs
  • George Simpkins (57yo)

    Chief Financial Officer

    • Tenure: 0.4yrs
    • Compensation: US$989.93k
  • Mark Hudak (59yo)

    Executive Vice President of Human Resources

    • Tenure: 5.9yrs
  • Walter Cronin (56yo)

    Executive Vice President of Commercial Operations

    • Tenure: 4.2yrs
    • Compensation: US$1.08m

Board Members

  • Ejnar Knudsen (50yo)

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: US$200.00k
  • Tom Manuel (72yo)

    Director

    • Tenure: 4.4yrs
    • Compensation: US$200.00k
  • James Crowley (72yo)

    Independent Director

    • Tenure: 11yrs
    • Compensation: US$220.00k
  • Gene Edwards (62yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: US$200.00k
  • Wayne Hoovestol (61yo)

    Chairman of the Board

    • Tenure: 11yrs
    • Compensation: US$220.00k
  • Brian Peterson (55yo)

    Independent Director

    • Tenure: 14.4yrs
    • Compensation: US$204.00k
  • Alain Treuer (46yo)

    Vice Chairman of the Board

    • Tenure: 4.2yrs
    • Compensation: US$210.00k
  • Gordon Glade (48yo)

    Independent Director

    • Tenure: 11.8yrs
    • Compensation: US$200.00k
  • Jim Anderson (61yo)

    Independent Director

    • Tenure: 11yrs
    • Compensation: US$200.00k
  • Todd Becker (54yo)

    President

    • Tenure: 10.8yrs
    • Compensation: US$4.57m

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$437.613m
  • Shares outstanding: 38.19m
  • 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

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  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 23:57
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.