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81.78 (1y: +281%)
Market Cap 11.83 B P/E(ttm) 31.40
Enterprise Value 11.96 B P/B 5.50
GMCR- NAS (USA)
Green Mountain Coffee Roasters, Inc.
  • Currently 3/5
Business Predictability Rank: 3-Star
Back Testing Results:
Average gain of all 3-Star stocks: 8.2% per year.
% of Stocks that are in still loss if held for 10yrs: 11%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$81.78
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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 : 6/10

vs
industry		 vs
history
Cash to Debt 0.11
GMCR's Cash to Debt is ranked lower than
57% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.54 vs. GMCR: 0.11 )
GMCR' s 10-Year Cash to Debt Range
Min: 0.01   Max: 3.74
Current: 0.11
0.01
3.74
Equity to Asset 0.625
GMCR's Equity to Asset is ranked higher than
74% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.50 vs. GMCR: 0.625 )
GMCR' s 10-Year Equity to Asset Range
Min: 0.32   Max: 0.73
Current: 0.63
0.32
0.73
Interest Coverage 24.8
GMCR's Interest Coverage is ranked higher than
74% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 6.00 vs. GMCR: 24.8 )
GMCR' s 10-Year Interest Coverage Range
Min: 5   Max: 53
Current: 24.8
5
53
F-Score: 7
Z-Score: 8.78
M-Score: -3.11
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 : 8/10

vs
industry		 vs
history
Operating margin (%) 14.70
GMCR's Operating margin (%) is ranked higher than
89% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 4.90 vs. GMCR: 14.70 )
GMCR' s 10-Year Operating margin (%) Range
Min: 6.9   Max: 14.7
Current: 14.7
6.9
14.7
Net-margin (%) 9.4
GMCR's Net-margin (%) is ranked higher than
85% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 3.30 vs. GMCR: 9.4 )
GMCR' s 10-Year Net-margin (%) Range
Min: 3.7   Max: 9.4
Current: 9.4
3.7
9.4
ROE (%) 16
GMCR's ROE (%) is ranked higher than
88% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 5.90 vs. GMCR: 16 )
GMCR' s 10-Year ROE (%) Range
Min: 9.5   Max: 42.1
Current: 16
9.5
42.1
ROA (%) 10
GMCR's ROA (%) is ranked higher than
90% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 3.30 vs. GMCR: 10 )
GMCR' s 10-Year ROA (%) Range
Min: 3.6   Max: 17.1
Current: 10
3.6
17.1
ROC (Joel Greenblatt) (%) 33.50
GMCR's ROC (Joel Greenblatt) (%) is ranked higher than
89% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 11.30 vs. GMCR: 33.50 )
GMCR' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 23.5   Max: 45.7
Current: 33.5
23.5
45.7
Revenue Growth (%) 38.1
GMCR's Revenue Growth (%) is ranked higher than
98% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.00 vs. GMCR: 38.1 )
GMCR' s 10-Year Revenue Growth (%) Range
Min: 7.5   Max: 41.5
Current: 38.1
7.5
41.5
EBITDA Growth (%) 47.8
GMCR's EBITDA Growth (%) is ranked higher than
99% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.00 vs. GMCR: 47.8 )
GMCR' s 10-Year EBITDA Growth (%) Range
Min: 8.8   Max: 56.4
Current: 47.8
8.8
56.4
EPS Growth (%) 49
GMCR's EPS Growth (%) is ranked higher than
99% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.00 vs. GMCR: 49 )
GMCR' s 10-Year EPS Growth (%) Range
Min: 5.4   Max: 61.4
Current: 49
5.4
61.4
» GMCR's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

GMCR Guru Trades in Q2 2012

Vanguard Health Care Fund 1,100,000 sh (New)
Jim Simons 1,264,996 sh (New)
Paul Tudor Jones 16,200 sh (New)
Pioneer Investments 56,000 sh (+9.8%)
Jeremy Grantham Sold Out
Steve Mandel Sold Out
Lee Ainslie Sold Out
Steven Cohen 19,422 sh (-78.46%)
» More
Q3 2012

GMCR Guru Trades in Q3 2012

Pioneer Investments 1,125,487 sh (+1909.8%)
Steven Cohen 68,800 sh (+254.24%)
Vanguard Health Care Fund 1,240,000 sh (+12.73%)
Whitney Tilson 20,000 sh (unchged)
Paul Tudor Jones Sold Out
Jim Simons 30,174 sh (-97.61%)
» More
Q4 2012

GMCR Guru Trades in Q4 2012

Paul Tudor Jones 5,900 sh (New)
Steven Cohen Sold Out
Jim Simons Sold Out
Pioneer Investments 988,615 sh (-12.16%)
» More
Q1 2013

GMCR Guru Trades in Q1 2013

Chase Coleman 1,000,000 sh (New)
RS Investment Management 72,750 sh (New)
Joel Greenblatt 9,261 sh (New)
David Einhorn 1,268,400 sh (unchged)
Paul Tudor Jones Sold Out
Pioneer Investments 815,645 sh (-17.5%)
» More
» Details

Insider Trades

Latest Guru Trades with GMCR

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 New Buy0.03%$39.25 - $56.76 $ 81.7874%9261
Steve Mandel 2012-06-30 Sold Out 1.7%$19.88 - $49.38 $ 81.78163%0
Lee Ainslie 2012-06-30 Sold Out 1.5%$19.88 - $49.38 $ 81.78163%0
Vanguard Health Care Fund 2012-06-30 New Buy0.11%$19.88 - $49.38 $ 81.78163%1100000
Lee Ainslie 2012-03-31 New Buy1.5%$43.17 - $69.75 $ 81.7853%2292500
Steve Mandel 2012-03-31 Add 114.98%0.91%$43.17 - $69.75 $ 81.7853%5986474
Steve Mandel 2011-12-31 New Buy0.9%$40.89 - $93.62 $ 81.7830%2784721
Ron Baron 2011-12-31 Sold Out 0.07%$40.89 - $93.62 $ 81.7830%0
Ron Baron 2011-06-30 New Buy0.05%$64 - $88.69 $ 81.7810%109250
George Soros 2011-03-31 Sold Out $32.86 - $64.13 $ 81.7886%0
Mario Gabelli 2011-03-31 Sold Out $32.86 - $64.13 $ 81.7886%0
Steve Mandel 2010-12-31 Sold Out 1.43%$26.87 - $37.72 $ 81.78151%0
Mario Gabelli 2010-12-31 Add 85.37%$26.87 - $37.72 $ 81.78151%76000
George Soros 2010-12-31 New Buy$26.87 - $37.72 $ 81.78151%7800
Steve Mandel 2010-09-30 Reduce -31.31%0.65%$25.82 - $37.55 $ 81.78161%5227990
Steve Mandel 2010-06-30 Add 62.57%0.74%$22.53 - $32.5533 $ 81.78209%7610908
John Griffin 2010-06-30 Sold Out 0.59%$22.53 - $32.5533 $ 81.78209%0
George Soros 2010-06-30 Sold Out 0.01%$22.53 - $32.5533 $ 81.78209%0
Mario Gabelli 2010-06-30 New Buy0.01%$22.53 - $32.5533 $ 81.78209%39000
Steve Mandel 2010-03-31 Reduce -58.97%0.81%$26.64 - $32.54 $ 81.78185%1560518
Lee Ainslie 2010-03-31 Sold Out 0.79%$26.64 - $32.54 $ 81.78185%0
John Griffin 2010-03-31 Reduce -21.88%0.13%$26.64 - $32.54 $ 81.78185%375000
Ron Baron 2010-03-31 Sold Out 0.03%$26.64 - $32.54 $ 81.78185%0
Premium More recent guru trades are included for Premium Members only!!
» Financial Charts

Peter Lynch Chart

Guru Investment Theses on Green Mountain Coffee Roasters, Inc.

David Einhorn Comments on Green Mountain Coffee Roasters - May 13, 2013

The other significant loser in the quarter was Green Mountain Coffee Roasters (GMCR). We would love to be the “Credentialed Bear” that gets invited to ask tough questions at its annual shareholder meeting, but we aren’t waiting by our iPhones. Shares of GMCR increased from $41.34 to $56.76 in the quarter.

From David Einhorn's first quarter 2013 letter.
Check out David Einhorn latest stock trades

David Einhorn Comments on Green Mountain Coffee Roasters - Oct 24, 2012

From Greenlight Capital's third quarter letter.

At the recent Value Investing Congress, David updated our view of Green Mountain Coffee Roasters (GMCR), elaborated on our General Motors (GM) and Cigna (CI) theses, and disclosed our short position in Chipotle Mexican Grill (CMG).

Regarding GMCR, we pointed out:

- It is implausible that the GMCR audit committee conducted a serious investigation of our allegations in a mere 23 days after last year's Value Investing Congress;

- GMCR management has trivialized the competitive threat posed by Starbucks' new Verismo coffee and espresso maker, and we see a risk that Starbucks will renegotiate or even walk away from its partnership with GMCR;

- GMCR's key patents for K-Cups have expired leaving the company in a vulnerable position because:

- It is the high cost producer in what will become a highly competitive commodity manufacturing business;

- GMCR does not control any important brands (its license deals with Starbucks, Dunkin' Donuts and Smuckers are subject to renegotiation);

- There are nine competitors who are either already producing or about to launch competitive K-Cups and will have substantial capacity by the end of next year;

- GMCR recently lowered the list price of many of its leading products by about 8 cents per K-Cup. This will likely have a large impact, as last quarter GMCR only made 8 cents per K-Cup.



Check out David Einhorn latest stock trades

Top Ranked Articles about Green Mountain Coffee Roasters, Inc.

David Einhorn Comments on Green Mountain Coffee Roasters
May 13, 2013
The other significant loser in the quarter was Green Mountain Coffee Roasters (GMCR). We would love to be the “Credentialed Bear” that gets invited to ask tough questions at its annual shareholder meeting, but we aren’t waiting by our iPhones. Shares of GMCR increased from $41.34 to $56.76 in the quarter. Read more...
David Einhorn Gains 3% and Loses on Shorts in January – Greenlight Re Earnings Call Transcript
February 20, 2013
David Einhorn - David Einhorn Gains 3% And Loses On Shorts In January – Greenlight Re Earnings Call Transcript
David Einhorn’s comments from Greenlight’s fourth quarter and year-end 2012 conference call of Feb. 20, 2013: Read more...
What’s Up with David Einhorn’s Shorts - Chipotle Mexican Grill Inc.
December 28, 2012
David Einhorn - What’s Up With David Einhorn’s Shorts - Chipotle Mexican Grill Inc.
David Einhorn, founder of hedge fund Greenlight Capital, has moved markets with his powerful presentations on stocks he has decided to short and reaped sizable gains. The companies he targets typically have to respond to accusations leveled at them and after some time has passed, it becomes clearer whether Einhorn was right in his assessment. Perhaps most famous are his short positions in Chipotle (CMG), The St. Joe Company (JOE) and Green Mountain (GMCR) (read about his Green Mountain short here). Einhorn's portfolio is up in the low teens through October in 2012. Read more...
David Einhorn Comments on Green Mountain Coffee Roasters
October 24, 2012
From Greenlight Capital's third quarter letter. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 31.40
GMCR's P/E(ttm) is ranked lower than
56% of the 1076 Companies
in the Global Packaged Foods industry.

( Industry Median: 18.80 vs. GMCR: 31.40 )
GMCR' s 10-Year P/E(ttm) Range
Min: 8.1   Max: 108.32
Current: 31.4
8.1
108.32
P/B 5.50
GMCR's P/B is ranked lower than
69% of the 1210 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.41 vs. GMCR: 5.50 )
GMCR' s 10-Year P/B Range
Min: 1.26   Max: 16.99
Current: 5.5
1.26
16.99
P/S 3.06
GMCR's P/S is ranked lower than
65% of the 1273 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.82 vs. GMCR: 3.06 )
GMCR' s 10-Year P/S Range
Min: 0.52   Max: 6.64
Current: 3.06
0.52
6.64
PFCF 33.50
GMCR's PFCF is ranked lower than
54% of the 865 Companies
in the Global Packaged Foods industry.

( Industry Median: 19.25 vs. GMCR: 33.50 )
GMCR' s 10-Year PFCF Range
Min: 7.96   Max: 308.3
Current: 33.5
7.96
308.3
EV-to-EBIT 18.9
GMCR's EV-to-EBIT is ranked higher than
53% of the 1026 Companies
in the Global Packaged Foods industry.

( Industry Median: 14.03 vs. GMCR: 18.9 )
GMCR' s 10-Year EV-to-EBIT Range
Min: 5.8   Max: 60.8
Current: 18.9
5.8
60.8
PEG 0.4
GMCR's PEG is ranked higher than
90% of the 513 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.91 vs. GMCR: 0.4 )
GMCR' s 10-Year PEG Range
Min: 0.11   Max: 5.13
Current: 0.4
0.11
5.13
Shiller P/E 74
GMCR's Shiller P/E is ranked lower than
100% of the Companies
in the Global Packaged Foods industry.

( Industry Median: vs. GMCR: 74 )
GMCR' s 10-Year Shiller P/E Range
Min: 22.47   Max: 266.54
Current: 74
22.47
266.54

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 18.1
GMCR's Price/Net Current Asset Value is ranked lower than
53% of the 1037 Companies
in the Global Packaged Foods industry.

( Industry Median: 8.40 vs. GMCR: 18.1 )
GMCR' s 10-Year Price/Net Current Asset Value Range
Min: 5.6   Max: 24.7
Current: 18.1
5.6
24.7
Price/Tangible Book 12.8
GMCR's Price/Tangible Book is ranked lower than
75% of the 1042 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.50 vs. GMCR: 12.8 )
GMCR' s 10-Year Price/Tangible Book Range
Min: 3.6   Max: 46.6
Current: 12.8
3.6
46.6
Price/DCF (Projected) 6
GMCR's Price/DCF (Projected) is ranked lower than
64% of the 414 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.50 vs. GMCR: 6 )
GMCR' s 10-Year Price/DCF (Projected) Range
Min: 2.2   Max: 38.4
Current: 6
2.2
38.4
Price/Median PS Value 1.7
GMCR's Price/Median PS Value is ranked lower than
70% of the 1116 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.00 vs. GMCR: 1.7 )
GMCR' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 3
Current: 1.7
0.4
3
Price/Peter Lynch Fair Value 1.3
GMCR's Price/Peter Lynch Fair Value is ranked higher than
68% of the 225 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.20 vs. GMCR: 1.3 )
GMCR' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.4   Max: 3.9
Current: 1.3
0.4
3.9
Price/Graham Number 4.7
GMCR's Price/Graham Number is ranked lower than
71% of the 875 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.20 vs. GMCR: 4.7 )
GMCR' s 10-Year Price/Graham Number Range
Min: 1.4   Max: 10.5
Current: 4.7
1.4
10.5
Earnings Yield (Greenblatt) 5.30
GMCR's Earnings Yield (Greenblatt) is ranked higher than
68% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 5.00 vs. GMCR: 5.30 )
GMCR' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.6   Max: 17.3
Current: 5.3
1.6
17.3
Forward Rate of Return (Yacktman) 71.82
GMCR's Forward Rate of Return (Yacktman) is ranked higher than
99% of the 1398 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.00 vs. GMCR: 71.82 )
GMCR' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 14   Max: 71.7
Current: 71.82
14
71.7

Business Description

Green Mountain Coffee Roasters, Inc. is a Delaware Corporation formed in July 1993. The Company is engaged in the specialty coffee and coffee maker businesses. The Company manages its operations through three business segments, the Specialty Coffee business unit ('SCBU'), the Keurig business unit ('KBU') and the Canadian business unit ('CBU'). SCBU sources, produces and sells coffee, hot cocoa, teas and other beverages, to be prepared hot or cold, in K-Cup portion packs and coffee in more traditional packaging including whole bean and ground coffee selections in bags and ground coffee in fractional packs. These varieties are sold to supermarkets, club stores and convenience stores, restaurants and hospitality, office coffee distributors and also directly to consumers in the United States. In addition, SCBU sells Keurig single-cup brewing systems and other accessories to supermarkets and directly to consumer. KBU targets its premium patented single-cup brewing systems for use both at-home ('AH') and away-from-home ('AFH'), mainly in North America. KBU sells AH single-cup brewers, accessories and coffee, tea, cocoa and other beverages in K-Cup portion packs produced mainly by SCBU and CBU mainly to retailers, department stores and mass merchandisers mainly processing its sales orders through fulfillment entities for the AH channels. KBU sells AFH single-cup brewers to distributors for use in offices. KBU also sells AH brewers, a limited number of AFH brewers and K-Cup portion packs directly to consumers. KBU earns royalty income from K-Cup portion packs when shipped by its third party licensed roasters, except for shipments of K-Cup portion packs to KBU, for which the royalty is recognized as a reduction to the carrying cost of the inventory and as a reduction to cost of sales when sold through to third parties by KBU. CBU sources, produces and sells coffees and teas and other beverages in a variety of packaging formats, including K-Cup portion packs, and coffee in more traditional packaging such as bags and cans and fractional packs, and under a variety of its brands including Van Houtte, Brûlerie St. Denis, Brûlerie Mont-Royal and Orient Express and its licensed Bigelow and Wolfgang Puck brands. These varieties are sold mainly to supermarkets, club stores and, through office coffee services to offices, convenience stores and restaurants mainly throughout Canada. CBU also manufactures brewing equipment and is responsible for all the Company coffee brand sales in the grocery channel in Canada. Timothy's is currently included in the SCBU segment. Commencing in fiscal year 2012 Timothy's will be included in the CBU segment. The CBU segment includes the Van Houtte U.S. Coffee Service business. Company competes against all sellers of specialty coffee, including Dunkin' Brands, Inc., Peet's Coffee & Tea, Inc. and Starbucks Corporation. As a result of its manufacturing and distribution agreements with Dunkin' Brands, Inc. and Starbucks
Company Website
SEC Reports
Industry: Packaged Foods
Compare:NSRGY, UL, UN, DANOY, GIS
Traded in other countries:GM2.Germany
» More Articles for GMCR

Headlines

Articles On GuruFocus.com
David Einhorn’s Stopped Shorts May 13 2013 
David Einhorn Comments on Green Mountain Coffee Roasters May 13 2013 
Greenlight Capital David Einhorn's First Quarter Letter to Investors May 13 2013 
comment on GMCR Apr 26 2013 
comment on GMCR Apr 26 2013 
David Einhorn Gains 3% and Loses on Shorts in January – Greenlight Re Earnings Call Transcript Feb 20 2013 
Early Movers for Feb. 7, 2013 Feb 07 2013 
STTG Market Recap February 6, 2013 Feb 06 2013 
Greenlight Capital (Einhorn) Q4 2012 Investor Letter Jan 23 2013 
What’s Up with David Einhorn’s Shorts - Chipotle Mexican Grill Inc. Dec 28 2012 

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