AI Spotlight on MGPI
Company Description
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.
This segment also provides fuel-grade alcohol for blending with gasoline; distillers feed and related co-products, such as distillers feed and corn oil; and warehouse services, including barrel put away, storage, and retrieval services, as well as blending services.The Branded Spirits segment provides ultra-premium, premium, mid, and value branded distilled spirits.The Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym, Resistant Starch, and FiberRite RW Resistant Starch names; specialty wheat proteins for food applications under the Arise and Proterra names; gluten-free textured pea proteins; commodity wheat starch for food and non-food applications; and commodity wheat proteins.
The company sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries primarily in the United States, the United Kingdom, Japan, Thailand, Mexico, and Canada.MGP Ingredients, Inc.was founded in 1941 and is headquartered in Atchison, Kansas.
Market Data
Last Price | 36.26 |
Change Percentage | 0.55% |
Open | 36.25 |
Previous Close | 36.06 |
Market Cap ( Millions) | 796 |
Volume | 101023 |
Year High | 92.91 |
Year Low | 34.02 |
M A 50 | 41.63 |
M A 200 | 68.06 |
Financial Ratios
FCF Yield | 5.35% |
Dividend Yield | 1.32% |
ROE | 12.19% |
Debt / Equity | 32.99% |
Net Debt / EBIDTA | 151.80% |
Price To Book | 0.88 |
Price Earnings Ratio | 7.45 |
Price To FCF | 18.68 |
Price To sales | 1.08 |
EV / EBITDA | 5.82 |
News
- 12:00 - MGPI INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that MGP Ingredients, Inc. Shareholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
- 10:45 - Shareholders that lost money on MGP Ingredients, Inc.(MGPI) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
- 00:15 - ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages MGP Ingredients, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action β MGPI
- Jan -30 - Lost Money on MGP Ingredients, Inc.(MGPI)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
- Jan -30 - MGP Ingredients, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before February 14, 2025 to Discuss Your Rights β MGPI
- Jan -30 - MGP Ingredients, Inc. (MGPI) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
- Jan -30 - SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment inΒ MGP Ingredients, Inc.Β of Class Action Lawsuit and Upcoming Deadlines -Β MGPI
- Jan -30 - The Schall Law Firm Invites Investors With Losses To Join A Securities Fraud Case Against MGP Ingredients, Inc.
- Jan -30 - MGP Ingredients, Inc. Investors: February 14, 2025 Filing Deadline in Securities Class Action - Contact Lieff Cabraser
- Jan -30 - MGPI STOCKHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that MGP Ingredients, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
- Jan -30 - MGP Ingredients, Inc. Class Action: The Gross Law Firm Reminds MGP Ingredients, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 14, 2025 - MGPI
- Jan -29 - MGPI INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that MGP Ingredients, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
- Jan -29 - MGPI Investors Have Opportunity to Lead MGP Ingredients, Inc. Securities Fraud Lawsuit
- Jan -29 - The Gross Law Firm Reminds MGP Ingredients, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 14, 2025 β MGPI
- Jan -29 - Levi & Korsinsky Notifies Shareholders of MGP Ingredients, Inc. (MGPI) of a Class Action Lawsuit and an Upcoming Deadline
- Jan -29 - MGP Ingredients, Inc. Is Being Sued For Securities Law Violations And Affected Shareholders Are Urged To Contact The Schall Law Firm
- Jan -29 - MGPI SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that MGP Ingredients, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
- Jan -29 - Class Action Filed Against MGP Ingredients, Inc. (MGPI) - February 14, 2025 Deadline to Join - Contact Levi & Korsinsky
- Jan -29 - MGP Lead Plaintiff Deadline Approaching - Contact Robbins LLP for Information About the Pending Class Action Against MGPI Ingredients, Inc.
- Jan -29 - ROSEN, GLOBAL INVESTOR COUNSEL, Encourages MGP Ingredients, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action β MGPI
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Distilling Solutions
Expected Growth : 1.8 %
What the company do ?
Distilling Solutions from MGP Ingredients, Inc. offers premium specialty wheat proteins and yeast products for whiskey, bourbon, and other craft spirits production.
Why we expect these perspectives ?
MGP Ingredients' Distilling Solutions segment growth of 1.8% is driven by increasing demand for premium American whiskey, expansion of craft distilleries, and rising sales of specialty bourbons and whiskeys. Additionally, the company's strategic partnerships, capacity expansions, and innovative product offerings contribute to its growth momentum.
Segment nΒ°2 -> Branded Spirits
Expected Growth : 2.2 %
What the company do ?
Branded Spirits from MGP Ingredients, Inc. offers premium spirits, including bourbons, whiskeys, and vodkas, under its own brands and through partnerships with other companies.
Why we expect these perspectives ?
MGP Ingredients' Branded Spirits segment growth of 2.2% is driven by increasing demand for premium whiskey, expansion of distribution channels, and strategic partnerships. Additionally, the company's focus on innovation, quality, and customer relationships contributes to its growth. Furthermore, the rising popularity of craft spirits and the growing trend of at-home cocktail consumption also support the segment's growth.
Segment nΒ°3 -> Ingredient Solutions
Expected Growth : 1.9 %
What the company do ?
MGP Ingredients, Inc.'s Ingredient Solutions provide customized, high-quality ingredients for food, beverage, and pet food manufacturers, enhancing product taste, texture, and nutritional value.
Why we expect these perspectives ?
MGP Ingredients' Ingredient Solutions segment growth of 1.9% is driven by increasing demand for premium beverages, expansion in the craft spirits market, and growing consumer preference for natural and organic ingredients. Additionally, the company's strategic investments in innovation and capacity expansion have enabled it to capitalize on emerging trends in the food and beverage industry.
Mgp Ingredients, Inc. Products
Product Range | What is it ? |
---|---|
Distilled Spirits | MGP Ingredients, Inc. produces a range of distilled spirits, including bourbon, whiskey, and vodka, which are used in various applications such as beverages, flavorings, and pharmaceuticals. |
Specialty Wheat Proteins | MGP's specialty wheat proteins are used in various applications such as baked goods, snacks, and meat products, providing texture, structure, and nutritional benefits. |
Plant-Based Proteins | MGP's plant-based proteins are derived from sources such as pea, rice, and potato, and are used in various applications such as meat alternatives, snacks, and beverages. |
Textured Proteins | MGP's textured proteins are used in various applications such as meat alternatives, snacks, and cereals, providing texture and nutritional benefits. |
Industrial Alcohol | MGP's industrial alcohol is used in various applications such as cleaning products, personal care products, and pharmaceuticals. |
MGP Ingredients, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for MGP Ingredients, Inc. is medium due to the availability of alternative products in the market. While the company's products are unique, customers may still opt for substitutes, affecting the company's sales.
Bargaining Power Of Customers
The bargaining power of customers is low for MGP Ingredients, Inc. due to the company's strong brand presence and customer loyalty. Customers have limited bargaining power, and the company has a strong negotiating position.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium for MGP Ingredients, Inc. due to the availability of alternative suppliers in the market. While the company has some negotiating power, suppliers also have some bargaining power, affecting the company's costs.
Threat Of New Entrants
The threat of new entrants is low for MGP Ingredients, Inc. due to the high barriers to entry in the industry. New entrants would require significant investment and expertise to compete with the company.
Intensity Of Rivalry
The intensity of rivalry is high for MGP Ingredients, Inc. due to the competitive nature of the industry. The company faces intense competition from established players, and the market is highly competitive.
Capital Structure
Value | |
---|---|
Debt Weight | 26.20% |
Debt Cost | 3.95% |
Equity Weight | 73.80% |
Equity Cost | 7.72% |
WACC | 6.73% |
Leverage | 35.49% |
MGP Ingredients, Inc. : Quality Control
MGP Ingredients, Inc. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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NAPA | The Duckhorn Portfolio, Inc. produces and sells wines in North America. It offers wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Kosta Browne, Goldeneye, Paraduxx, Calera, Migration, Canvasback, β¦ |
LWAY | Lifeway Foods, Inc. produces and markets probiotic-based products in the United States and internationally. Its primary product is drinkable kefir, a cultured dairy product in various organic and non-organic sizes, β¦ |