Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
19.98 (1y: +8%)
Market Cap 441.1 M P/E(ttm)
Enterprise Value 1.01 B P/B 1.40
DMND- NAS (USA)
Diamond Foods, Inc.
Not Rated
Top Ranked Predictable Companies
$19.98
Switch to:

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 : 4/10

vs
industry		 vs
history
Cash to Debt 0.005
DMND's Cash to Debt is ranked lower than
66% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.54 vs. DMND: 0.005 )
DMND' s 10-Year Cash to Debt Range
Min: 0.01   Max: No Debt
Current: 0.01
Equity to Asset 0.25
DMND's Equity to Asset is ranked lower than
62% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.50 vs. DMND: 0.25 )
DMND' s 10-Year Equity to Asset Range
Min: 0.25   Max: 0.54
Current: 0.25
0.25
0.54
F-Score: 3
Z-Score: 0.86
M-Score: -2.58
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 : 2/10

vs
industry		 vs
history
Operating margin (%) -5.20
DMND's Operating margin (%) is ranked lower than
72% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 4.90 vs. DMND: -5.20 )
DMND' s 10-Year Operating margin (%) Range
Min: -5.2   Max: 75
Current: -5.2
-5.2
75
Net-margin (%) -8.8
DMND's Net-margin (%) is ranked lower than
73% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 3.30 vs. DMND: -8.8 )
DMND' s 10-Year Net-margin (%) Range
Min: -8.8   Max: 55.3
Current: -8.8
-8.8
55.3
ROE (%) -26.6
DMND's ROE (%) is ranked lower than
75% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 5.90 vs. DMND: -26.6 )
DMND' s 10-Year ROE (%) Range
Min: -26.6   Max: 356
Current: -26.6
-26.6
356
ROA (%) -6.6
DMND's ROA (%) is ranked lower than
74% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 3.30 vs. DMND: -6.6 )
DMND' s 10-Year ROA (%) Range
Min: -6.6   Max: 102.7
Current: -6.6
-6.6
102.7
ROC (Joel Greenblatt) (%) -24.00
DMND's ROC (Joel Greenblatt) (%) is ranked lower than
75% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 11.30 vs. DMND: -24.00 )
DMND' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -24   Max: 260.3
Current: -24
-24
260.3
Revenue Growth (%) 6.9
DMND's Revenue Growth (%) is ranked higher than
82% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.00 vs. DMND: 6.9 )
DMND' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 7.2
Current: 6.9
0
7.2
ยป DMND's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

DMND Guru Trades in Q2 2012

Louis Moore Bacon 428,267 sh (+328.27%)
Robert Bruce 323,000 sh (+44.84%)
Ken Fisher 201,775 sh (+39.18%)
Mario Gabelli 147,000 sh (+33.64%)
Louis Moore Bacon 250,000 sh (unchged)
Bill Gates 441,163 sh (unchged)
John Keeley Sold Out
Paul Tudor Jones Sold Out
Pioneer Investments Sold Out
Diamond Hill Capital 202,120 sh (-0.12%)
» More
Q3 2012

DMND Guru Trades in Q3 2012

Mario Gabelli 154,000 sh (+4.76%)
Ken Fisher 201,775 sh (unchged)
Robert Bruce 323,000 sh (unchged)
Bill Gates 441,163 sh (unchged)
Louis Moore Bacon Sold Out
Diamond Hill Capital 201,180 sh (-0.47%)
» More
Q4 2012

DMND Guru Trades in Q4 2012

Robert Bruce 323,000 sh (unchged)
Mario Gabelli 154,000 sh (unchged)
Bill Gates 441,163 sh (unchged)
Ken Fisher Sold Out
Diamond Hill Capital 175,068 sh (-12.98%)
» More
Q1 2013

DMND Guru Trades in Q1 2013

Mario Gabelli 278,000 sh (+80.52%)
Robert Bruce 323,000 sh (unchged)
Bill Gates 441,163 sh (unchged)
Diamond Hill Capital 169,393 sh (-3.24%)
» More
» Details

Insider Trades

Latest Guru Trades with DMND

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Mario Gabelli 2013-03-31 Add 80.52%0.01%$13.47 - $17.6 $ 19.9831%278000
Mario Gabelli 2012-06-30 Add 33.64%0.01%$17.43 - $23.44 $ 19.98-5%147000
John Keeley 2012-06-30 Sold Out 0.01%$17.43 - $23.44 $ 19.98-5%0
Mario Gabelli 2012-03-31 Add 633.33%0.02%$22.11 - $38.04 $ 19.98-25%110000
John Keeley 2012-03-31 New Buy0.01%$22.11 - $38.04 $ 19.98-25%20000
Ron Baron 2011-12-31 Sold Out 0.84%$26.92 - $77.23 $ 19.98-58%0
John Keeley 2011-12-31 Sold Out 0.65%$26.92 - $77.23 $ 19.98-58%0
Mario Gabelli 2011-12-31 Reduce -48.28%0.01%$26.92 - $77.23 $ 19.98-58%15000
John Keeley 2011-06-30 New Buy0.48%$57.17 - $76.48 $ 19.98-70%386926
Mario Gabelli 2010-09-30 Add 400%0.01%$39.63 - $45.98 $ 19.98-53%35000
Mario Gabelli 2010-06-30 Reduce -75.86%$37.46 - $45.905 $ 19.98-52%7000
Ron Baron 2010-03-31 Add 1455.49%0.33%$33.71 - $42.92 $ 19.98-48%1284481
Premium More recent guru trades are included for Premium Members only!!
ยป Financial Charts

Peter Lynch Chart

Guru Investment Theses on Diamond Foods, Inc.

David Einhorn Comments on Diamond Foods (DMND) - May 31, 2012

From David Einhorn's first quarter 2012 letter:

Last quarter, we noted that we had closed a brief and successful short position in Diamond Foods (DMND). Our thesis was that the company had engaged in significant accounting chicanery. When the stock fell by 66% a couple of months after the Partnerships established their position, we chose to cover and take a profit. We hadnโ€™t changed our thinking about the accounting, but we were skeptical that anyone would do anything to actually curtail them is behavior. Imagine our surprise when DMND announced that its own audit committee had actually investigated, found the wrongdoing, restated earnings and dismissed the management. This sort of self-policing happens too infrequently and we think it deserves to be noticed and applauded.
Check out David Einhorn latest stock trades

Ratios

vs
industry		 vs
history
P/B 1.40
DMND's P/B is ranked higher than
60% of the 1210 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.41 vs. DMND: 1.40 )
DMND' s 10-Year P/B Range
Min: 0.9   Max: 4.49
Current: 1.4
0.9
4.49
P/S 0.50
DMND's P/S is ranked higher than
71% of the 1273 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.82 vs. DMND: 0.50 )
DMND' s 10-Year P/S Range
Min: 0.3   Max: 2.08
Current: 0.5
0.3
2.08
EV-to-EBIT 125
DMND's EV-to-EBIT is ranked lower than
72% of the 1026 Companies
in the Global Packaged Foods industry.

( Industry Median: 14.03 vs. DMND: 125 )
DMND' s 10-Year EV-to-EBIT Range
Min: 1.1   Max: 131
Current: 125
1.1
131
Shiller P/E 70
DMND's Shiller P/E is ranked lower than
100% of the Companies
in the Global Packaged Foods industry.

( Industry Median: vs. DMND: 70 )
DMND' s 10-Year Shiller P/E Range
Min: 20.94   Max: 75.05
Current: 70
20.94
75.05

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.30
DMND's Dividend Yield is ranked lower than
65% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.38 vs. DMND: 0.30 )
DMND' s 10-Year Dividend Yield Range
Min: 0.14   Max: 0.91
Current: 0.3
0.14
0.91
Dividend growth (3y) -15.9
DMND's Dividend growth (3y) is ranked lower than
71% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.00 vs. DMND: -15.9 )
DMND' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 18.9
Current: -15.9
0
18.9
Yield on cost (5-Year) 0.15
DMND's Yield on cost (5-Year) is ranked lower than
63% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.20 vs. DMND: 0.15 )
DMND' s 10-Year Yield on cost (5-Year) Range
Min: 0.07   Max: 0.46
Current: 0.15
0.07
0.46
Share Buyback Rate -7.1
DMND's Share Buyback Rate is ranked lower than
67% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.00 vs. DMND: -7.1 )
DMND' s 10-Year Share Buyback Rate Range
Min: 0   Max: -8.3
Current: -7.1

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 4.4
DMND's Price/Net Current Asset Value is ranked higher than
74% of the 1037 Companies
in the Global Packaged Foods industry.

( Industry Median: 8.40 vs. DMND: 4.4 )
DMND' s 10-Year Price/Net Current Asset Value Range
Min: 3   Max: 14.6
Current: 4.4
3
14.6
Price/DCF (Projected) 1.4
DMND's Price/DCF (Projected) is ranked higher than
67% of the 414 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.50 vs. DMND: 1.4 )
DMND' s 10-Year Price/DCF (Projected) Range
Min: 1.2   Max: 2.8
Current: 1.4
1.2
2.8
Price/Median PS Value 0.7
DMND's Price/Median PS Value is ranked higher than
90% of the 1116 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.00 vs. DMND: 0.7 )
DMND' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 2.8
Current: 0.7
0.5
2.8
Earnings Yield (Greenblatt) 0.80
DMND's Earnings Yield (Greenblatt) is ranked lower than
52% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 5.00 vs. DMND: 0.80 )
DMND' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.8   Max: 89.8
Current: 0.8
0.8
89.8
Forward Rate of Return (Yacktman) 1.85
DMND's Forward Rate of Return (Yacktman) is ranked higher than
84% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.00 vs. DMND: 1.85 )
DMND' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 2.2   Max: 47.5
Current: 1.85
2.2
47.5

Business Description

Diamond Foods, Inc. was incorporated in Delaware in 2005 as the successor to Diamond Walnut Growers, Inc., a member-owned California agricultural cooperative association. In July 2005, Diamond Walnut Growers, Inc. merged with and into Diamond Foods, Inc., converted from a cooperative association to a Delaware corporation and completed an initial public offering of Diamond Foods' common stock. It is a packaged food company focused on building, acquiring and energizing brands. It specializes in processing, marketing and distributing snack products and culinary, in-shell and ingredient nuts. In 2004, it complemented its strong heritage in the culinary nut market under the Diamond of California brand by launching a full line of snack nuts under the Emerald brand. In September 2008, it acquired the Pop Secret brand of microwave popcorn products, which provided it with increased scale in the snack market, significant supply chain economies of scale and cross promotional opportunities with its existing brands. On March 31, 2010, it completed its acquisition of Kettle Foods, a potato chip company in the two largest potato chip markets in the world, the United States and United Kingdom, which added the complementary premium brand Kettle to its existing portfolio of brands in the snack industry. The Company sells its products to global, national, regional and independent grocery, drug and convenience store chains, as well as to mass merchandisers, club stores and other retail channels. It sells snack products under the Emerald, Pop Secret and Kettle brands. Emerald products include roasted, glazed and flavored nuts, trail mixes, seeds, dried fruit and similar offerings packaged in innovative resealable containers. It sells culinary nuts under the Diamond of California brand in grocery store baking aisles and produce aisles and through mass merchandisers and club stores. It sells in-shell nuts under the Diamond of California brand, primarily during the winter holiday season. These products are typically available in grocery store produce sections, mass merchandisers and club stores. The Company markets ingredient nuts internationally under the Diamond of California brand to food processors, restaurants, bakeries and food service companies and their suppliers. It markets ingredient and food service nuts under the Diamond of California brand to food processors, restaurants, bakeries and food service companies and their suppliers. As a food company, it is subject to extensive government regulation, including regulation of the manufacturing, importation, processing, packaging, storage, distribution and labeling of its products.
Company Website
SEC Reports
Industry: Packaged Foods
Compare:NSRGY, UL, UN, DANOY, GIS
Traded in other countries:HJW.Germany
ยป More Articles for DMND

Headlines

Articles On GuruFocus.com
guru's investing. Jul 15 2012 
Diamond Foods: Positioned for a Strong Come Back? Jul 06 2012 
David Einhorn Comments on Diamond Foods (DMND) May 31 2012 
Howard Mark's Oaktree Capital to Invest $225 Million in Diamond Foods May 23 2012 
Avoiding Value Traps: A Four Question Test Apr 11 2012 
Has Diamond Foods lost its sparkle? Mar 17 2012 
Bill & Melinda Gates Foundation Buys TripAdvisor, Loses on Diamond Foods Feb 20 2012 
Gates bought 11Q4 Feb 15 2012 
Gates Foundation Buys Tripadvisor Inc., Diamond Foods Inc., Sells AutoNation Inc., America Movil, M& Feb 15 2012 
Diamond Foods update: Restatements and Price Collapse Feb 09 2012 

More From Our Partners
Benzinga's Volume Movers Jun 11 2013 - BENZINGA

Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK