MGPI Stock Overview
MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, branded spirits, and food ingredients.
MGP Ingredients Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$95.36|
|52 Week High||US$104.00|
|52 Week Low||US$58.41|
|1 Month Change||-2.39%|
|3 Month Change||14.56%|
|1 Year Change||46.06%|
|3 Year Change||43.81%|
|5 Year Change||86.36%|
|Change since IPO||1,032.99%|
Recent News & Updates
Calculating The Fair Value Of MGP Ingredients, Inc. (NASDAQ:MGPI)
Does the June share price for MGP Ingredients, Inc. ( NASDAQ:MGPI ) reflect what it's really worth? Today, we will...
MGP Ingredients: Upside From Here Is Limited
MGP Ingredients has had a great run over the past couple of months, as strong fundamental performance has driven shares higher. This trend looks set to continue and the long-term outlook for the company is promising. However, shares are now more or less fully valued, leaving additional upside limited.
|MGPI||US Beverage||US Market|
Return vs Industry: MGPI exceeded the US Beverage industry which returned 9.4% over the past year.
Return vs Market: MGPI exceeded the US Market which returned -18.4% over the past year.
|MGPI Average Weekly Movement||5.3%|
|Beverage Industry Average Movement||6.9%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.6%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: MGPI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MGPI's weekly volatility (5%) has been stable over the past year.
About the Company
MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, branded spirits, and food ingredients. It operates through three segments: Distillery Products; Branded Spirits; and Ingredient Solutions. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including vodka and gin; and food-grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products.
MGP Ingredients Fundamentals Summary
|MGPI fundamental statistics|
Is MGPI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MGPI income statement (TTM)|
|Cost of Revenue||US$496.43m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||5.11|
|Net Profit Margin||15.76%|
How did MGPI perform over the long term?See historical performance and comparison
0.5%Current Dividend Yield
Is MGPI undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MGPI?
Other financial metrics that can be useful for relative valuation.
|What is MGPI's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does MGPI's PE Ratio compare to its peers?
|MGPI PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
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MGPI MGP Ingredients
Price-To-Earnings vs Peers: MGPI is good value based on its Price-To-Earnings Ratio (18.6x) compared to the peer average (45.5x).
Price to Earnings Ratio vs Industry
How does MGPI's PE Ratio compare vs other companies in the North American Beverage Industry?
Price-To-Earnings vs Industry: MGPI is good value based on its Price-To-Earnings Ratio (18.6x) compared to the US Beverage industry average (30x)
Price to Earnings Ratio vs Fair Ratio
What is MGPI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||18.6x|
|Fair PE Ratio||17.4x|
Price-To-Earnings vs Fair Ratio: MGPI is expensive based on its Price-To-Earnings Ratio (18.6x) compared to the estimated Fair Price-To-Earnings Ratio (17.4x).
Share Price vs Fair Value
What is the Fair Price of MGPI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: MGPI ($95.36) is trading below our estimate of fair value ($112.81)
Significantly Below Fair Value: MGPI is trading below fair value, but not by a significant amount.
Price to Earnings Growth Ratio
PEG Ratio: MGPI is poor value based on its PEG Ratio (19.7x)
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How is MGP Ingredients forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MGPI's forecast earnings growth (0.9% per year) is below the savings rate (1.9%).
Earnings vs Market: MGPI's earnings (0.9% per year) are forecast to grow slower than the US market (13.9% per year).
High Growth Earnings: MGPI's earnings are forecast to grow, but not significantly.
Revenue vs Market: MGPI's revenue (4.1% per year) is forecast to grow slower than the US market (8.4% per year).
High Growth Revenue: MGPI's revenue (4.1% 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 MGPI's Return on Equity is forecast to be high in 3 years time
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How has MGP Ingredients performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MGPI has a large one-off gain of $28.7M impacting its March 31 2022 financial results.
Growing Profit Margin: MGPI's current net profit margins (15.8%) are higher than last year (11.3%).
Past Earnings Growth Analysis
Earnings Trend: MGPI's earnings have grown by 19.5% per year over the past 5 years.
Accelerating Growth: MGPI's earnings growth over the past year (146.6%) exceeds its 5-year average (19.5% per year).
Earnings vs Industry: MGPI earnings growth over the past year (146.6%) exceeded the Beverage industry 8.9%.
Return on Equity
High ROE: MGPI's Return on Equity (16.6%) is considered low.
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How is MGP Ingredients's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MGPI's short term assets ($395.3M) exceed its short term liabilities ($84.5M).
Long Term Liabilities: MGPI's short term assets ($395.3M) exceed its long term liabilities ($313.0M).
Debt to Equity History and Analysis
Debt Level: MGPI's net debt to equity ratio (30.2%) is considered satisfactory.
Reducing Debt: MGPI's debt to equity ratio has increased from 27% to 34.2% over the past 5 years.
Debt Coverage: MGPI's debt is well covered by operating cash flow (40.2%).
Interest Coverage: MGPI's interest payments on its debt are well covered by EBIT (24.7x coverage).
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What is MGP Ingredients's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MGPI's dividend (0.5%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: MGPI's dividend (0.5%) is low compared to the top 25% of dividend payers in the US market (4.24%).
Stability and Growth of Payments
Stable Dividend: MGPI is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: MGPI is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: MGPI is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: MGPI is not paying a notable dividend for the US market.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dave Colo (58 yo)
Mr. David J. Colo, also known as Dave, has been Chief Executive Officer of MGP Ingredients, Inc. since May 21, 2020 and its President since March 16, 2020 and Director since August 18, 2015. Mr. Colo was C...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD3.37M) is below average for companies of similar size in the US market ($USD5.47M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% in the past year.
Experienced Management: MGPI's management team is considered experienced (2.3 years average tenure).
Experienced Board: MGPI's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MGPI 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.
MGP Ingredients, Inc.'s employee growth, exchange listings and data sources
- Name: MGP Ingredients, Inc.
- Ticker: MGPI
- Exchange: NasdaqGS
- Founded: 1941
- Industry: Distillers and Vintners
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: US$2.097b
- Shares outstanding: 21.99m
- Website: https://www.mgpingredients.com
Number of Employees
- MGP Ingredients, Inc.
- 100 Commercial Street
- PO Box 130
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/26 00:00|
|End of Day Share Price||2022/06/24 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.