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GuruFocus Financial Strength Rank measures how strong a company’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 : 3/10

vs
industry
vs
history
Cash-to-Debt 0.02
GLGI's Cash-to-Debt is ranked lower than
96% of the 1241 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 0.75 vs. GLGI: 0.02 )
Ranked among companies with meaningful Cash-to-Debt only.
GLGI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0  Med: 0.02 Max: No Debt
Current: 0.02
Equity-to-Asset -0.04
GLGI's Equity-to-Asset is ranked lower than
98% of the 1235 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 0.49 vs. GLGI: -0.04 )
Ranked among companies with meaningful Equity-to-Asset only.
GLGI' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.29  Med: -0.53 Max: 0.38
Current: -0.04
-2.29
0.38
Interest Coverage 2.70
GLGI's Interest Coverage is ranked lower than
85% of the 1098 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 18.66 vs. GLGI: 2.70 )
Ranked among companies with meaningful Interest Coverage only.
GLGI' s Interest Coverage Range Over the Past 10 Years
Min: 0.21  Med: 2.27 Max: 3.7
Current: 2.7
0.21
3.7
Piotroski F-Score: 5
Altman Z-Score: 0.22
Beneish M-Score: -3.30
WACC vs ROIC
6.08%
23.89%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’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.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

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 % 8.49
GLGI's Operating Margin % is ranked higher than
61% of the 1244 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 5.42 vs. GLGI: 8.49 )
Ranked among companies with meaningful Operating Margin % only.
GLGI' s Operating Margin % Range Over the Past 10 Years
Min: -7.72  Med: 8.99 Max: 12.74
Current: 8.49
-7.72
12.74
Net Margin % 2.77
GLGI's Net Margin % is ranked lower than
68% of the 1244 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 4.01 vs. GLGI: 2.77 )
Ranked among companies with meaningful Net Margin % only.
GLGI' s Net Margin % Range Over the Past 10 Years
Min: -20.88  Med: 3.5 Max: 12.5
Current: 2.77
-20.88
12.5
ROA % 7.98
GLGI's ROA % is ranked lower than
57% of the 1259 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 3.99 vs. GLGI: 7.98 )
Ranked among companies with meaningful ROA % only.
GLGI' s ROA % Range Over the Past 10 Years
Min: -28.13  Med: 5.84 Max: 21.22
Current: 7.98
-28.13
21.22
ROC (Joel Greenblatt) % 32.67
GLGI's ROC (Joel Greenblatt) % is ranked higher than
57% of the 1254 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 14.15 vs. GLGI: 32.67 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
GLGI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.77  Med: 20.24 Max: 41.42
Current: 32.67
-12.77
41.42
3-Year Revenue Growth Rate 2.30
GLGI's 3-Year Revenue Growth Rate is ranked lower than
54% of the 1091 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 3.40 vs. GLGI: 2.30 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
GLGI' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -7.3  Med: 9.7 Max: 206.3
Current: 2.3
-7.3
206.3
3-Year EBITDA Growth Rate -6.10
GLGI's 3-Year EBITDA Growth Rate is ranked lower than
78% of the 1005 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 7.60 vs. GLGI: -6.10 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
GLGI' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -63.9  Med: -8.1 Max: 47.2
Current: -6.1
-63.9
47.2
3-Year EPS without NRI Growth Rate -50.00
GLGI's 3-Year EPS without NRI Growth Rate is ranked lower than
96% of the 895 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 7.20 vs. GLGI: -50.00 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
GLGI' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: 0  Med: -34.6 Max: 77.6
Current: -50
0
77.6
GuruFocus has detected 2 Warning Signs with Greystone Logistics Inc $GLGI.
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» GLGI's 10-Y Financials

Financials


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Cash & Debt
Operating Cash Flow & Free Cash Flow
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Business Description

Industry: Autos » Rubber & Plastics    NAICS: 325211    SIC: 2821
Compare:OTCPK:STCC, OTCPK:AMTY, OTCPK:CSHEF, OTCPK:NNAN, OTCPK:VYST, NAS:CTIB, NAS:DSWL, OTCPK:PLTYF, AMEX:CMT, OTCPK:ABSSF, NAS:CXDC, OTCPK:TNMAF, NYSE:MYE, OTCPK:SEIGF, NAS:AEPI, NYSE:TG, OTCPK:SLJUY, NYSE:WMS, OTCPK:TGLVY, NYSE:CTB » details
Headquarter Location:USA
Greystone Logistics Inc is engaged in the manufacturing and selling of plastic pallets utilizing recycled plastic. It sells the pallets through one of its wholly owned subsidiaries, GSM.

Greystone Logistics Inc was incorporated in Delaware on February 24, 1969, under the name Permaspray Manufacturing Corporation. It is engaged in the manufacturing of plastic pallets utilizing recycled plastic and selling the pallets through one of its wholly owned subsidiaries, GSM. It sells its pallets through direct sales and a network of independent contractor distributors. It also sells its pallets and pallet leasing services to certain large customers direct through its President and other employees. Its product line as of May 31, 2013, consists of the following: 40" X 32" rackable pallet, 37" X 37" rackable pallet, 44" X 56" rackable pallet, 48" X 48" rackable pallet, 48" X 40" rackable pallet, 48" X 44" rackable pallet, 48" X 40" nestable pallet, 24"X 40" display pallet, 48"X 40" monoblock (one-piece) pallet, 48"X 45" monoblock stackable pallet, Keg pallet, and 36"X36" rackable pallet. As of May 31, 2013, the Company was also marketing the following pallets: Mid-duty(TM) Picture Frame - A picture frame, web-top pallet that utilizes a patented inter-locking design and is produced using a proprietary blend of recycled plastics. It has a rackable capacity of 1,500 lbs., a dynamic load of 5,000 lbs., static load of 25,000 lbs., and weighs 50 lbs. Mid-duty(TM) Stackable - A web-top pallet that is produced using a proprietary blend of recycled plastics, has a dynamic load of 5,000 lbs., static load of 7,000 lbs., and weighs 32 lbs. Mid-duty(TM) 3-Runner - A web-top pallet that utilizes a patented inter-locking design on a three runner bottom and is produced using a proprietary blend of recycled plastics. It has a rackable load of 1,200 lbs., dynamic load of 5,000 lbs., static load of 12,000 lbs and weighs 41 lbs. The principal raw materials used in manufacturing the Company's plastic pallets are in abundant supply, and some of these materials may be obtained from recycled plastic containers. At the present time, these materials are being purchased from local, national and international suppliers. The Company's primary competitors are a large number of small, privately held firms that sell wood pallets in very limited geographic locations. The business operations of the Company are subject to existing and potential federal, state and local environmental laws and regulations pertaining to the handling and disposition of wastes (including solid and hazardous wastes) or otherwise relating to the protection of the environment.

Top Ranked Articles about Greystone Logistics Inc

Revenues and Earnings for Greystone Logistics, Inc.

TULSA, OK--(Marketwired - May 3, 2016) - Tulsa-based Greystone Logistics, Inc. (OTCQB: GLGI) reported sales for the third quarter ending February 29, 2016 of $5,280,480 compared to $3,685,044 for the prior period for an increase of $1,595,436. Pallet sales were $5,122,785 or 97% of total sales, in the quarter ended February 29, 2016 compared to $3,520,056, or 96% of total sales, in the prior period for an increase of $1,602,729. Sales for the nine months ended February 29, 2016 were $15,270,671 compared to $13,676,492 in the nine months ended February 28, 2105 for an increase of $1,594,179. Pallet sales were $14,999,740, or 98% of total sales, in nine months ended February 29, 2016 compared to $12,466,944, or 91% of total sales, in prior period for an increase of $2,532,796. Greystone's pallet sales to its major customer in the nine months ended February 29, 2016 were 31% of total sales (32% of pallet sales) compared to 40% of total sales (44% of pallet sales) in prior period. Pallet sales to the major customer decreased by approximately $0.7 million from nine months ended February 38, 2015 2015 to the nine months ended February 29, 2016, while pallet sales to new and existing customers provided the basis for the increase in pallet sales in the current fiscal year. For the third quarter ended February 29, 2016, Greystone recorded a net loss available to common stockholders of $(200,528), or $(0.01) per share, compared to net income of $198,859, or $0.01 per share, in the prior period. For the nine months ended February 29, 2016, Greystone recorded a net loss available to common stockholders of $(314,263), or $(0.01) per share, compared to $(382,764), or $(0.01) per share, for the nine months ended February 28, 2015. "During the third quarter, Greystone acquired an additional injection molding machine at a cost of $2.5 million to accommodate the needs of a new customer", stated Warren Kruger CEO. "There were substantial costs in preparation for full implementation of the new equipment which affected the margins for the third quarter. The equipment became fully operational in March 2016. We anticipate higher sales and better margins in the fourth quarter ending May 31, 2016. We continue to invest in our company's future." Greystone Logistics is a "Green" manufacturing and leasing company that reprocesses and sells recycled plastic and designs, manufactures, sells high quality 100% recycled plastic pallets that provide logistical solutions needed by a wide range of industries such as the food and beverage, automotive, chemical, pharmaceutical and consumer products. The Company's technology, including that used in its injection molding equipment, proprietary blend of recycled plastic resins and patented pallet designs, allows production of high quality pallets quickly and at lower costs than many processes. The recycled plastic for its pallets helps control material costs while reducing environmental waste and provides cost advantages over users of virgin resin. Excess plastic not used in production of pallets is reprocessed for resale. This press release includes certain statements that may be deemed "forward-looking statements" within the meaning of the federal securities laws. All statements, other than statements of historical facts that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future, including the potential sales of pallets or other possible business developments are forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties, including the ability of the Company to continue as a going concern. Actual results may vary materially from the forward-looking statements. For a list of certain material risks relating to the Company and its products, see Greystone Logistics' Form 10-K for the fiscal year ended May 31, 2015.


CONTACT:

Greystone Logistics, Inc.

Website: http://www.greystonelogistics.com

Phone: (918) 583-7441

Email: [email protected]





Read more...

Ratios

vs
industry
vs
history
PE Ratio 8.00
GLGI's PE Ratio is ranked lower than
65% of the 1026 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 17.93 vs. GLGI: 8.00 )
Ranked among companies with meaningful PE Ratio only.
GLGI' s PE Ratio Range Over the Past 10 Years
Min: 1  Med: 8 Max: 300
Current: 8
1
300
PE Ratio without NRI 8.00
GLGI's PE Ratio without NRI is ranked lower than
65% of the 1023 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 17.86 vs. GLGI: 8.00 )
Ranked among companies with meaningful PE Ratio without NRI only.
GLGI' s PE Ratio without NRI Range Over the Past 10 Years
Min: 1  Med: 8 Max: 99999999.99
Current: 8
1
99999999.99
Price-to-Owner-Earnings 2.24
GLGI's Price-to-Owner-Earnings is ranked higher than
98% of the 566 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 17.08 vs. GLGI: 2.24 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
GLGI' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 1.04  Med: 6.36 Max: 260
Current: 2.24
1.04
260
PS Ratio 0.14
GLGI's PS Ratio is ranked higher than
92% of the 1220 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 0.83 vs. GLGI: 0.14 )
Ranked among companies with meaningful PS Ratio only.
GLGI' s PS Ratio Range Over the Past 10 Years
Min: 0.07  Med: 0.25 Max: 0.72
Current: 0.14
0.07
0.72
Price-to-Free-Cash-Flow 2.93
GLGI's Price-to-Free-Cash-Flow is ranked lower than
99.99% of the 482 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 15.13 vs. GLGI: 2.93 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
GLGI' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 1.45  Med: 5.03 Max: 285
Current: 2.93
1.45
285
Price-to-Operating-Cash-Flow 1.46
GLGI's Price-to-Operating-Cash-Flow is ranked higher than
98% of the 647 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 8.70 vs. GLGI: 1.46 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
GLGI' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 0.94  Med: 3.79 Max: 110
Current: 1.46
0.94
110
EV-to-EBIT 5.61
GLGI's EV-to-EBIT is ranked higher than
59% of the 1383 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 13.17 vs. GLGI: 5.61 )
Ranked among companies with meaningful EV-to-EBIT only.
GLGI' s EV-to-EBIT Range Over the Past 10 Years
Min: -49.2  Med: 9.1 Max: 205.3
Current: 5.61
-49.2
205.3
EV-to-EBITDA 3.85
GLGI's EV-to-EBITDA is ranked higher than
73% of the 1412 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 9.05 vs. GLGI: 3.85 )
Ranked among companies with meaningful EV-to-EBITDA only.
GLGI' s EV-to-EBITDA Range Over the Past 10 Years
Min: -136.3  Med: 6.15 Max: 354.5
Current: 3.85
-136.3
354.5
PEG Ratio 0.60
GLGI's PEG Ratio is ranked lower than
65% of the 579 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 1.63 vs. GLGI: 0.60 )
Ranked among companies with meaningful PEG Ratio only.
GLGI' s PEG Ratio Range Over the Past 10 Years
Min: 0.18  Med: 0.6 Max: 99999999.99
Current: 0.6
0.18
99999999.99
Shiller PE Ratio 9.73
GLGI's Shiller PE Ratio is ranked higher than
90% of the 207 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 28.83 vs. GLGI: 9.73 )
Ranked among companies with meaningful Shiller PE Ratio only.
GLGI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.33  Med: 12.5 Max: 32
Current: 9.73
7.33
32
Current Ratio 0.62
GLGI's Current Ratio is ranked lower than
98% of the 1111 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 1.56 vs. GLGI: 0.62 )
Ranked among companies with meaningful Current Ratio only.
GLGI' s Current Ratio Range Over the Past 10 Years
Min: 0.01  Med: 0.25 Max: 0.96
Current: 0.62
0.01
0.96
Quick Ratio 0.15
GLGI's Quick Ratio is ranked lower than
96% of the 1111 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 1.13 vs. GLGI: 0.15 )
Ranked among companies with meaningful Quick Ratio only.
GLGI' s Quick Ratio Range Over the Past 10 Years
Min: 0.01  Med: 0.16 Max: 0.64
Current: 0.15
0.01
0.64
Days Inventory 15.51
GLGI's Days Inventory is ranked higher than
86% of the 1204 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 57.00 vs. GLGI: 15.51 )
Ranked among companies with meaningful Days Inventory only.
GLGI' s Days Inventory Range Over the Past 10 Years
Min: 11.87  Med: 21.25 Max: 30.42
Current: 15.51
11.87
30.42
Days Sales Outstanding 2.25
GLGI's Days Sales Outstanding is ranked higher than
92% of the 999 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 61.70 vs. GLGI: 2.25 )
Ranked among companies with meaningful Days Sales Outstanding only.
GLGI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.25  Med: 31.5 Max: 49.01
Current: 2.25
2.25
49.01

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -2.20
GLGI's 3-Year Average Share Buyback Ratio is ranked lower than
51% of the 570 Companies
in the Global Rubber & Plastics industry.

( Industry Median: -2.10 vs. GLGI: -2.20 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
GLGI' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -69.7  Med: -2.5 Max: 0
Current: -2.2
-69.7
0

Valuation & Return

vs
industry
vs
history
Price-to-Intrinsic-Value-Projected-FCF 0.82
GLGI's Price-to-Intrinsic-Value-Projected-FCF is ranked higher than
54% of the 604 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 1.34 vs. GLGI: 0.82 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
GLGI' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.64  Med: 2.67 Max: 4.25
Current: 0.82
0.64
4.25
Price-to-Median-PS-Value 0.57
GLGI's Price-to-Median-PS-Value is ranked higher than
91% of the 1091 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 1.25 vs. GLGI: 0.57 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
GLGI' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.36  Med: 1.41 Max: 405
Current: 0.57
0.36
405
Earnings Yield (Greenblatt) % 17.80
GLGI's Earnings Yield (Greenblatt) % is ranked higher than
63% of the 1578 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 6.83 vs. GLGI: 17.80 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
GLGI' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 0.5  Med: 10 Max: 19.3
Current: 17.8
0.5
19.3
Forward Rate of Return (Yacktman) % 14.69
GLGI's Forward Rate of Return (Yacktman) % is ranked higher than
60% of the 748 Companies
in the Global Rubber & Plastics industry.

( Industry Median: 7.34 vs. GLGI: 14.69 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
GLGI' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -524.1  Med: 11.2 Max: 37.9
Current: 14.69
-524.1
37.9

More Statistics

Revenue (TTM) (Mil) $63.89
EPS (TTM) $ 0.04
Beta1.45
Short Percentage of Float0.00%
52-Week Range $0.21 - 0.34
Shares Outstanding (Mil)28.36

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