MGP Ingredients is a leading supplier of premium distilled spirits and specialty wheat proteins and starches. Distilled spirits include bourbon and rye whiskeys, gins and vodkas. The company was founded in 1941 and is based in Atchison, Kansas.
MGPI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Mgp Ingredients Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Mgp Ingredients Inc ranked in the 2th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Mgp Ingredients Inc, consider:
In the past 5.72 years, Mgp Ingredients Inc has a compound free cash flow growth rate of -0.26%; that's higher than only 4.55% of free cash flow generating stocks in the Consumer Defensive sector.
The business' balance sheet reveals debt to be 10% of the company's capital (with equity being the remaining amount). Approximately merely 21.66% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
LND, ARCE, FMX, ONE, and RMCF can be thought of as valuation peers to MGPI, in the sense that they are in the Consumer Defensive sector and have a similar price forecast based on DCF valuation.
MGP (Nasdaq: MGPI) has launched their first Single Barrel release for George Remus Bourbon. George Remus Single Barrel Straight Bourbon Whiskey is offered at cask strength in two mash bills that reflect MGP's signature high-rye bourbon character. Participating accounts in the Single Barrel program met with the distillery team in Lawrenceburg in early 2020 to taste, select and order their preferred mash bills. Bottled annually, the George Remus Single Barrel Bourbon program is an entirely custom offer shipped in personalized packaging to each participating retailer, together with the original barrel. Select retailers have also opted to label their bottles as a 2020 Single Barrel Selection to showcase the collectible aspect of this new offering.
She supports ProTerra® product development Yvette Hirang Yvette Hirang is new Culinary Chef at MGP Ingredients, Inc.ATCHISON, Kan., Sept. 01, 2020 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI) has named Yvette Hirang its new Culinary Chef, an integral role as the company addresses the plant-based foods trend with its recently launched ProTerra® textured wheat and pea proteins. She joins the R&D team at MGP’s technical center in Atchison. “With the heightened popularity of plant-based foods and our food service initiative, Yvette will help create ProTerra-based foods that are good-textured, savory and delicious to cater to the discriminating palate of millennials and Generation Z,” said Ody Maningat, chief science officer and vice president of R&D. “Her customer-facing respon...
Jeffrey Ruger brings 20 years’ CIO experience to this newly created role Jeffrey Ruger Jeffrey Ruger joins MGP Ingredients, Inc., as Vice President/ITATCHISON, Kan., Aug. 27, 2020 (GLOBE NEWSWIRE) -- Jeffrey Ruger has joined MGP Ingredients, Inc., (Nasdaq: MGPI), a leading supplier of distilled spirits and specialty wheat proteins and starches, in the newly created position of Vice President of Information Technology. Ruger brings more than 20 years’ experience in IT, including serving as chief information officer for Fortune 500 companies, where he developed global business strategy using established and emerging technologies. At MGP, he will lead development of technological strategies and administer an Enterprise Resource Planning (ERP) system and additional information systems, all...
Lori Mingus, MGP Ingredients Board of Directors Lori Mingus recently joined the MGP board.ATCHISON, Kan., Aug. 26, 2020 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading supplier of distilled spirits and specialty wheat proteins and starches, announced that Lori L.S. Mingus has been elected to the Board of Directors effective as of MGP’s annual meeting of stockholders on June 30, 2020. Mingus is the executive designer and owner of Torpa Design Co., specializing in all facets of graphic design, and interior and exterior design, since 2005. She began her graphic design career in 1996, and worked for public companies, national associations and an advertising agency.“We welcome Lori’s business and civic experience, and especially value her knowledge of the industries in w...