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19.21 (1y: +35%)
Market Cap 2.24 B P/E(ttm) 17.00
Enterprise Value 2.36 B P/B 2.10
DAR- NYSE (USA)
Darling International, Inc.
  • Currently 2/5
Business Predictability Rank: 2-Star (On Watch)
Back Testing Results:
Average gain of all 2-Star stocks: 6% per year.
% of Stocks that are in still loss if held for 10yrs: 16%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$19.21
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry		 vs
history
Cash to Debt 0.413
DAR's Cash to Debt is ranked lower than
60% of the 103 Companies
in the Global Waste Management industry.

( Industry Median: 0.82 vs. DAR: 0.413 )
DAR' s 10-Year Cash to Debt Range
Min: 0.02   Max: 2.1
Current: 0.41
0.02
2.1
Equity to Asset 0.221
DAR's Equity to Asset is ranked lower than
75% of the 91 Companies
in the Global Waste Management industry.

( Industry Median: 0.49 vs. DAR: 0.221 )
DAR' s 10-Year Equity to Asset Range
Min: -0.26   Max: 0.39
Current: 0.22
-0.26
0.39
Interest Coverage 9.6
DAR's Interest Coverage is ranked lower than
52% of the 69 Companies
in the Global Waste Management industry.

( Industry Median: 11.10 vs. DAR: 9.6 )
DAR' s 10-Year Interest Coverage Range
Min: 0   Max: 31
Current: 9.6
0
31
F-Score: 7
Z-Score: 4.85
M-Score: -2.64
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 13.60
DAR's Operating margin (%) is ranked higher than
68% of the 77 Companies
in the Global Waste Management industry.

( Industry Median: 7.20 vs. DAR: 13.60 )
DAR' s 10-Year Operating margin (%) Range
Min: -4.6   Max: 17.5
Current: 13.6
-4.6
17.5
Net-margin (%) 7.7
DAR's Net-margin (%) is ranked higher than
65% of the 77 Companies
in the Global Waste Management industry.

( Industry Median: 5.00 vs. DAR: 7.7 )
DAR' s 10-Year Net-margin (%) Range
Min: -7.9   Max: 9.4
Current: 7.7
-7.9
9.4
ROE (%) 12.3
DAR's ROE (%) is ranked higher than
71% of the 78 Companies
in the Global Waste Management industry.

( Industry Median: 7.40 vs. DAR: 12.3 )
DAR' s 10-Year ROE (%) Range
Min: -704.4   Max: 32.9
Current: 12.3
-704.4
32.9
ROA (%) 8.4
DAR's ROA (%) is ranked higher than
76% of the 78 Companies
in the Global Waste Management industry.

( Industry Median: 3.50 vs. DAR: 8.4 )
DAR' s 10-Year ROA (%) Range
Min: -11   Max: 13.8
Current: 8.4
-11
13.8
ROC (Joel Greenblatt) (%) 45.50
DAR's ROC (Joel Greenblatt) (%) is ranked higher than
82% of the 71 Companies
in the Global Waste Management industry.

( Industry Median: 20.60 vs. DAR: 45.50 )
DAR' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -10.5   Max: 69.3
Current: 45.5
-10.5
69.3
Revenue Growth (%) 18.7
DAR's Revenue Growth (%) is ranked higher than
78% of the 41 Companies
in the Global Waste Management industry.

( Industry Median: 7.70 vs. DAR: 18.7 )
DAR' s 10-Year Revenue Growth (%) Range
Min: -25.5   Max: 19.7
Current: 18.7
-25.5
19.7
EBITDA Growth (%) 23.1
DAR's EBITDA Growth (%) is ranked higher than
79% of the 28 Companies
in the Global Waste Management industry.

( Industry Median: 12.10 vs. DAR: 23.1 )
DAR' s 10-Year EBITDA Growth (%) Range
Min: -21.9   Max: 30
Current: 23.1
-21.9
30
EPS Growth (%) 21.5
DAR's EPS Growth (%) is ranked higher than
59% of the 27 Companies
in the Global Waste Management industry.

( Industry Median: 16.10 vs. DAR: 21.5 )
DAR' s 10-Year EPS Growth (%) Range
Min: -29.9   Max: 64.3
Current: 21.5
-29.9
64.3
ยป DAR's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

DAR Guru Trades in Q2 2012

Third Avenue Management 729,157 sh (New)
Private Capital 837,225 sh (+1652.69%)
Jim Simons 434,500 sh (+241.05%)
Joel Greenblatt 327,818 sh (+10.81%)
John Keeley 1,467,371 sh (+3.97%)
Chuck Royce 2,460,832 sh (-28.17%)
» More
Q3 2012

DAR Guru Trades in Q3 2012

John Burbank 16,300 sh (New)
Ken Fisher 782,500 sh (New)
Third Avenue Management 812,783 sh (+11.47%)
John Keeley 1,476,171 sh (+0.6%)
Jim Simons Sold Out
Private Capital 803,850 sh (-3.99%)
Chuck Royce 2,329,332 sh (-5.34%)
Joel Greenblatt 261,911 sh (-20.1%)
» More
Q4 2012

DAR Guru Trades in Q4 2012

Steven Cohen 10,308 sh (New)
Louis Moore Bacon 50,000 sh (New)
Ken Fisher 3,525,628 sh (+350.56%)
Third Avenue Management 934,133 sh (+14.93%)
Joel Greenblatt 263,068 sh (+0.44%)
John Keeley Sold Out
John Burbank Sold Out
Private Capital 726,750 sh (-9.59%)
Chuck Royce 1,597,070 sh (-31.44%)
» More
Q1 2013

DAR Guru Trades in Q1 2013

Jim Simons 94,300 sh (New)
Mario Gabelli 12,980 sh (New)
Private Capital 824,730 sh (+13.48%)
Louis Moore Bacon Sold Out
Steven Cohen Sold Out
Ken Fisher 3,493,493 sh (-0.91%)
Third Avenue Management 735,306 sh (-21.28%)
Chuck Royce 1,224,270 sh (-23.34%)
Joel Greenblatt 181,135 sh (-31.15%)
» More
» Details

Insider Trades

Latest Guru Trades with DAR

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 Reduce -31.15%0.07%$16.04 - $18.73 $ 19.2112%181135
Mario Gabelli 2013-03-31 New Buy$16.04 - $18.73 $ 19.2112%12980
John Keeley 2012-12-31 Sold Out 0.6%$15.22 - $18.45 $ 19.2116%0
John Burbank 2012-12-31 Sold Out 0.01%$15.22 - $18.45 $ 19.2116%0
Joel Greenblatt 2012-09-30 Reduce -20.1%0.08%$16.05 - $18.43 $ 19.2114%261911
John Burbank 2012-09-30 New Buy0.01%$16.05 - $18.43 $ 19.2114%16300
Joel Greenblatt 2012-03-31 New Buy0.45%$13.27 - $17.9 $ 19.2131%295836
John Keeley 2011-12-31 Add 31.05%0.09%$11.69 - $14.75 $ 19.2144%1297800
John Keeley 2011-09-30 Add 264.48%0.2%$12.73 - $18.51 $ 19.2120%990300
John Keeley 2011-06-30 New Buy0.08%$14.76 - $19.15 $ 19.2114%271700
George Soros 2011-03-31 Sold Out $12.09 - $15.15 $ 19.2139%0
George Soros 2010-12-31 New Buy$8.31 - $13.59 $ 19.2169%22300
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 17.00
DAR's P/E(ttm) is ranked higher than
53% of the 77 Companies
in the Global Waste Management industry.

( Industry Median: 18.00 vs. DAR: 17.00 )
DAR' s 10-Year P/E(ttm) Range
Min: 3.56   Max: 217.5
Current: 17
3.56
217.5
P/B 2.10
DAR's P/B is ranked lower than
71% of the 101 Companies
in the Global Waste Management industry.

( Industry Median: 1.16 vs. DAR: 2.10 )
DAR' s 10-Year P/B Range
Min: 0.76   Max: 11
Current: 2.1
0.76
11
P/S 1.29
DAR's P/S is ranked lower than
65% of the 105 Companies
in the Global Waste Management industry.

( Industry Median: 0.75 vs. DAR: 1.29 )
DAR' s 10-Year P/S Range
Min: 0.02   Max: 1.87
Current: 1.29
0.02
1.87
PFCF 16.60
DAR's PFCF is ranked lower than
62% of the 63 Companies
in the Global Waste Management industry.

( Industry Median: 12.69 vs. DAR: 16.60 )
DAR' s 10-Year PFCF Range
Min: 0.68   Max: 180
Current: 16.6
0.68
180
EV-to-EBIT 10.1
DAR's EV-to-EBIT is ranked higher than
72% of the 81 Companies
in the Global Waste Management industry.

( Industry Median: 13.53 vs. DAR: 10.1 )
DAR' s 10-Year EV-to-EBIT Range
Min: 2.1   Max: 41.6
Current: 10.1
2.1
41.6
PEG 0.6
DAR's PEG is ranked higher than
72% of the 25 Companies
in the Global Waste Management industry.

( Industry Median: 1.22 vs. DAR: 0.6 )
DAR' s 10-Year PEG Range
Min: 0.19   Max: 12.23
Current: 0.6
0.19
12.23
Shiller P/E 21.9
DAR's Shiller P/E is ranked lower than
100% of the Companies
in the Global Waste Management industry.

( Industry Median: vs. DAR: 21.9 )
DAR' s 10-Year Shiller P/E Range
Min: 9.36   Max: 590
Current: 21.9
9.36
590

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 22.1
DAR's Price/Net Current Asset Value is ranked lower than
79% of the 72 Companies
in the Global Waste Management industry.

( Industry Median: 8.40 vs. DAR: 22.1 )
DAR' s 10-Year Price/Net Current Asset Value Range
Min: 0.6   Max: 18.4
Current: 22.1
0.6
18.4
Price/Tangible Book 6.6
DAR's Price/Tangible Book is ranked lower than
88% of the 90 Companies
in the Global Waste Management industry.

( Industry Median: 1.50 vs. DAR: 6.6 )
DAR' s 10-Year Price/Tangible Book Range
Min: 3.2   Max: 9.4
Current: 6.6
3.2
9.4
Price/DCF (Projected) 1.1
DAR's Price/DCF (Projected) is ranked lower than
56% of the 34 Companies
in the Global Waste Management industry.

( Industry Median: 1.10 vs. DAR: 1.1 )
DAR' s 10-Year Price/DCF (Projected) Range
Min: 0.8   Max: 2.7
Current: 1.1
0.8
2.7
Price/Median PS Value 1.5
DAR's Price/Median PS Value is ranked lower than
81% of the 96 Companies
in the Global Waste Management industry.

( Industry Median: 1.10 vs. DAR: 1.5 )
DAR' s 10-Year Price/Median PS Value Range
Min: 0.1   Max: 1.8
Current: 1.5
0.1
1.8
Price/Peter Lynch Fair Value 0.7
DAR's Price/Peter Lynch Fair Value is ranked higher than
83% of the 18 Companies
in the Global Waste Management industry.

( Industry Median: 1.60 vs. DAR: 0.7 )
DAR' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.4   Max: 1.1
Current: 0.7
0.4
1.1
Price/Graham Number 2.3
DAR's Price/Graham Number is ranked lower than
80% of the 71 Companies
in the Global Waste Management industry.

( Industry Median: 1.10 vs. DAR: 2.3 )
DAR' s 10-Year Price/Graham Number Range
Min: 1.1   Max: 5.6
Current: 2.3
1.1
5.6
Earnings Yield (Greenblatt) 9.90
DAR's Earnings Yield (Greenblatt) is ranked higher than
71% of the 83 Companies
in the Global Waste Management industry.

( Industry Median: 7.40 vs. DAR: 9.90 )
DAR' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.4   Max: 47.5
Current: 9.9
2.4
47.5
Forward Rate of Return (Yacktman) 29.86
DAR's Forward Rate of Return (Yacktman) is ranked higher than
81% of the 31 Companies
in the Global Waste Management industry.

( Industry Median: 11.49 vs. DAR: 29.86 )
DAR' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -21.9   Max: 35.7
Current: 29.86
-21.9
35.7

Business Description

Darling International Inc. was incorporated in Delaware in 1962 under the name Darling-Delaware Company, Inc. On December 28, 1993, the Company changed its name to Darling International Inc. It is a recycler of food and animal by-products and provides grease trap services to food service establishments. The Company collects and recycles animal by-products and used cooking oil from food service establishments and provides grease trap cleaning services to many of the same establishments. It operates within two industry segments: Rendering and Bakery Services. Rendering consists of the collection and processing of animal by-products, including hides, from butcher shops, grocery stores, food service industry and meat and poultry processors, converting these mainly into useable oils and proteins utilized by the agricultural, leather and oleo-chemical industries. Bakery Feed: The Company is a processor of bakery waste in the U.S. The bakery feed division collects bakery waste materials and processes the raw materials into BBP, including Cookie Meal, an animal feed ingredient primarily used in poultry rations. Bakery products are collected from large commercial bakeries that produce a variety of products, including cookies, crackers, cereal, bread, dough, potato chips, pretzels, sweet goods and biscuits, among others. The Company collects these materials by bulk loading onsite at the bakeries utilizing proprietary equipment, the majority of which is designed, manufactured, and installed by the Company. The Company has specifically engineered bulk collection systems for the handling of bakery waste. The Company processes raw materials at 43 facilities located throughout the United States into finished products such as protein, tallow, yellow grease and hides. It sells these products nationally and internationally, mainly to producers of oleo-chemicals, bio-fuels, soaps, pet foods, leather goods and livestock feed for use as ingredients in their products or for further processing. The Company operates a fleet of approximately 960 trucks and tractor-trailers to collect raw materials from approximately 116,000 food service establishments, butcher shops, grocery stores and independent meat and poultry processors. The raw materials collected are manufactured into the finished products sold by the Company. It competes with other rendering and restaurant services businesses and alternative methods of disposal of animal processing by-products and used restaurant cooking oil provided by trash haulers, waste management companies and bio-diesel companies, as well as the alternative of illegal disposal. The Company is subject to the rules and regulations of various federal, state and local governmental agencies.
Company Website
SEC Reports
Industry: Waste Management
Compare:BG, ADM, CPO, DLM, MGPI
Traded in other countries:43D.Germany
ยป More Articles for DAR

Headlines

Articles On GuruFocus.com
An Ancient Business Still Prospers Jun 19 2011 
Darling International - Fat Money May 31 2010 
Darling International Inc Reports Operating Results (10-Q) Nov 12 2009 

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