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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 : 7/10

vs
industry
vs
history
Cash to Debt 0.01
SPTN's Cash to Debt is ranked lower than
56% of the 500 Companies
in the Global Food Distribution industry.

( Industry Median: 0.65 vs. SPTN: 0.01 )
SPTN' s 10-Year Cash to Debt Range
Min: 0.01   Max: No Debt
Current: 0.01

Equity to Asset 0.37
SPTN's Equity to Asset is ranked higher than
64% of the 506 Companies
in the Global Food Distribution industry.

( Industry Median: 0.42 vs. SPTN: 0.37 )
SPTN' s 10-Year Equity to Asset Range
Min: 0.2   Max: 0.44
Current: 0.37

0.2
0.44
Interest Coverage 4.55
SPTN's Interest Coverage is ranked higher than
53% of the 369 Companies
in the Global Food Distribution industry.

( Industry Median: 13.64 vs. SPTN: 4.55 )
SPTN' s 10-Year Interest Coverage Range
Min: 0.94   Max: 6.61
Current: 4.55

0.94
6.61
F-Score: 6
Z-Score: 3.28
M-Score: -0.11
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 : 5/10

vs
industry
vs
history
Operating margin (%) 2.34
SPTN's Operating margin (%) is ranked higher than
66% of the 506 Companies
in the Global Food Distribution industry.

( Industry Median: 3.67 vs. SPTN: 2.34 )
SPTN' s 10-Year Operating margin (%) Range
Min: -1.94   Max: 2.82
Current: 2.34

-1.94
2.82
Net-margin (%) 1.05
SPTN's Net-margin (%) is ranked higher than
64% of the 506 Companies
in the Global Food Distribution industry.

( Industry Median: 2.15 vs. SPTN: 1.05 )
SPTN' s 10-Year Net-margin (%) Range
Min: -6.19   Max: 1.51
Current: 1.05

-6.19
1.51
ROE (%) 8.17
SPTN's ROE (%) is ranked higher than
70% of the 496 Companies
in the Global Food Distribution industry.

( Industry Median: 10.58 vs. SPTN: 8.17 )
SPTN' s 10-Year ROE (%) Range
Min: -111.58   Max: 16.6
Current: 8.17

-111.58
16.6
ROA (%) 3.47
SPTN's ROA (%) is ranked higher than
71% of the 506 Companies
in the Global Food Distribution industry.

( Industry Median: 4.35 vs. SPTN: 3.47 )
SPTN' s 10-Year ROA (%) Range
Min: -21.99   Max: 5.62
Current: 3.47

-21.99
5.62
ROC (Joel Greenblatt) (%) 21.52
SPTN's ROC (Joel Greenblatt) (%) is ranked higher than
78% of the 505 Companies
in the Global Food Distribution industry.

( Industry Median: 19.49 vs. SPTN: 21.52 )
SPTN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -17.42   Max: 31.65
Current: 21.52

-17.42
31.65
Revenue Growth (%) 1.70
SPTN's Revenue Growth (%) is ranked higher than
64% of the 448 Companies
in the Global Food Distribution industry.

( Industry Median: 4.60 vs. SPTN: 1.70 )
SPTN' s 10-Year Revenue Growth (%) Range
Min: -52   Max: 9.4
Current: 1.7

-52
9.4
EBITDA Growth (%) 1.60
SPTN's EBITDA Growth (%) is ranked higher than
71% of the 401 Companies
in the Global Food Distribution industry.

( Industry Median: 5.00 vs. SPTN: 1.60 )
SPTN' s 10-Year EBITDA Growth (%) Range
Min: -43.9   Max: 26.8
Current: 1.6

-43.9
26.8
EPS Growth (%) 3.40
SPTN's EPS Growth (%) is ranked higher than
75% of the 378 Companies
in the Global Food Distribution industry.

( Industry Median: 5.50 vs. SPTN: 3.40 )
SPTN' s 10-Year EPS Growth (%) Range
Min: -47   Max: 21.3
Current: 3.4

-47
21.3
» SPTN's 10-Y Financials

Financials


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

» Details

Guru Trades

Q3 2013

SPTN Guru Trades in Q3 2013

Joel Greenblatt 86,223 sh (New)
» More
Q4 2013

SPTN Guru Trades in Q4 2013

John Buckingham 97,779 sh (New)
Joel Greenblatt 106,608 sh (+23.64%)
» More
Q1 2014

SPTN Guru Trades in Q1 2014

Jeremy Grantham 11,500 sh (New)
Private Capital 30,375 sh (New)
Joel Greenblatt Sold Out
John Buckingham 96,107 sh (-1.71%)
» More
Q2 2014

SPTN Guru Trades in Q2 2014

Jim Simons 153,899 sh (New)
Paul Tudor Jones 43,729 sh (New)
Private Capital 917,100 sh (+2919.26%)
John Buckingham 97,709 sh (+1.67%)
Jeremy Grantham Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with SPTN

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2014-03-31 Sold Out 0.06%$21.56 - $25.09 $ 21.14-7%0
Joel Greenblatt 2013-12-31 Add 23.64%0.01%$21.71 - $24.29 $ 21.14-9%106608
Joel Greenblatt 2013-09-30 New Buy0.06%$19.11 - $23.06 $ 21.141%86223
Joel Greenblatt 2012-09-30 Sold Out 0.09%$14.89 - $18.6 $ 21.1428%0
Joel Greenblatt 2012-03-31 Add 32.49%0.03%$17.15 - $19 $ 21.1425%74510
Joel Greenblatt 2011-09-30 Add 61.95%0.05%$14.14 - $20.92 $ 21.1425%48793
Joel Greenblatt 2011-06-30 Reduce -24.38%0.04%$14.49 - $19.43 $ 21.1426%30128
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 28.20
SPTN's P/E(ttm) is ranked higher than
63% of the 520 Companies
in the Global Food Distribution industry.

( Industry Median: 21.20 vs. SPTN: 28.20 )
SPTN' s 10-Year P/E(ttm) Range
Min: 6.93   Max: 78.04
Current: 28.2

6.93
78.04
P/B 1.09
SPTN's P/B is ranked higher than
83% of the 520 Companies
in the Global Food Distribution industry.

( Industry Median: 2.07 vs. SPTN: 1.09 )
SPTN' s 10-Year P/B Range
Min: 0.54   Max: 4.07
Current: 1.09

0.54
4.07
P/S 0.17
SPTN's P/S is ranked higher than
85% of the 520 Companies
in the Global Food Distribution industry.

( Industry Median: 0.49 vs. SPTN: 0.17 )
SPTN' s 10-Year P/S Range
Min: 0.03   Max: 0.32
Current: 0.17

0.03
0.32
PFCF 11.68
SPTN's PFCF is ranked higher than
92% of the 519 Companies
in the Global Food Distribution industry.

( Industry Median: 162.00 vs. SPTN: 11.68 )
SPTN' s 10-Year PFCF Range
Min: 1.98   Max: 63.49
Current: 11.68

1.98
63.49
EV-to-EBIT 17.63
SPTN's EV-to-EBIT is ranked higher than
68% of the 520 Companies
in the Global Food Distribution industry.

( Industry Median: 15.76 vs. SPTN: 17.63 )
SPTN' s 10-Year EV-to-EBIT Range
Min: 6.2   Max: 36.3
Current: 17.63

6.2
36.3
Shiller P/E 15.99
SPTN's Shiller P/E is ranked higher than
88% of the 520 Companies
in the Global Food Distribution industry.

( Industry Median: 35.44 vs. SPTN: 15.99 )
SPTN' s 10-Year Shiller P/E Range
Min: 9.09   Max: 640.75
Current: 15.99

9.09
640.75
Current Ratio 1.80
SPTN's Current Ratio is ranked higher than
87% of the 382 Companies
in the Global Food Distribution industry.

( Industry Median: 1.23 vs. SPTN: 1.80 )
SPTN' s 10-Year Current Ratio Range
Min: 1.07   Max: 1.84
Current: 1.8

1.07
1.84
Quick Ratio 0.72
SPTN's Quick Ratio is ranked higher than
69% of the 382 Companies
in the Global Food Distribution industry.

( Industry Median: 0.71 vs. SPTN: 0.72 )
SPTN' s 10-Year Quick Ratio Range
Min: 0.39   Max: 0.95
Current: 0.72

0.39
0.95

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.99
SPTN's Dividend Yield is ranked higher than
61% of the 431 Companies
in the Global Food Distribution industry.

( Industry Median: 1.80 vs. SPTN: 1.99 )
SPTN' s 10-Year Dividend Yield Range
Min: 0.36   Max: 2.08
Current: 1.99

0.36
2.08
Dividend Payout 0.28
SPTN's Dividend Payout is ranked higher than
81% of the 520 Companies
in the Global Food Distribution industry.

( Industry Median: 0.56 vs. SPTN: 0.28 )
SPTN' s 10-Year Dividend Payout Range
Min: 0.1   Max: 0.5
Current: 0.28

0.1
0.5
Dividend growth (3y) 17.00
SPTN's Dividend growth (3y) is ranked higher than
91% of the 337 Companies
in the Global Food Distribution industry.

( Industry Median: 4.20 vs. SPTN: 17.00 )
SPTN' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 58.7
Current: 17

0
58.7
Yield on cost (5-Year) 3.65
SPTN's Yield on cost (5-Year) is ranked higher than
73% of the 436 Companies
in the Global Food Distribution industry.

( Industry Median: 1.97 vs. SPTN: 3.65 )
SPTN' s 10-Year Yield on cost (5-Year) Range
Min: 0.66   Max: 3.8
Current: 3.65

0.66
3.8
Share Buyback Rate 0.90
SPTN's Share Buyback Rate is ranked higher than
87% of the 338 Companies
in the Global Food Distribution industry.

( Industry Median: -0.20 vs. SPTN: 0.90 )
SPTN' s 10-Year Share Buyback Rate Range
Min: 0.9   Max: -122.9
Current: 0.9

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 2.03
SPTN's Price/Tangible Book is ranked higher than
75% of the 520 Companies
in the Global Food Distribution industry.

( Industry Median: 3.44 vs. SPTN: 2.03 )
SPTN' s 10-Year Price/Tangible Book Range
Min: 0.47   Max: 182.83
Current: 2.03

0.47
182.83
Price/DCF (Projected) 0.83
SPTN's Price/DCF (Projected) is ranked higher than
93% of the 520 Companies
in the Global Food Distribution industry.

( Industry Median: 2.86 vs. SPTN: 0.83 )
SPTN' s 10-Year Price/DCF (Projected) Range
Min: 0.23   Max: 1.84
Current: 0.83

0.23
1.84
Price/Median PS Value 1.08
SPTN's Price/Median PS Value is ranked higher than
73% of the 520 Companies
in the Global Food Distribution industry.

( Industry Median: 1.12 vs. SPTN: 1.08 )
SPTN' s 10-Year Price/Median PS Value Range
Min: 0.17   Max: 2.26
Current: 1.08

0.17
2.26
Price/Graham Number 1.34
SPTN's Price/Graham Number is ranked higher than
81% of the 520 Companies
in the Global Food Distribution industry.

( Industry Median: 2.31 vs. SPTN: 1.34 )
SPTN' s 10-Year Price/Graham Number Range
Min: 0.57   Max: 14.5
Current: 1.34

0.57
14.5
Earnings Yield (Greenblatt) 5.70
SPTN's Earnings Yield (Greenblatt) is ranked higher than
64% of the 494 Companies
in the Global Food Distribution industry.

( Industry Median: 6.70 vs. SPTN: 5.70 )
SPTN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.8   Max: 16.1
Current: 5.7

2.8
16.1
Forward Rate of Return (Yacktman) 8.03
SPTN's Forward Rate of Return (Yacktman) is ranked higher than
73% of the 366 Companies
in the Global Food Distribution industry.

( Industry Median: 10.60 vs. SPTN: 8.03 )
SPTN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 2.6   Max: 43.4
Current: 8.03

2.6
43.4

Business Description

Industry: Retail - Defensive » Food Distribution
Compare:CUYTY, SYY, GLAPY, JRONY, MHTLY » details
Traded in other countries:SRJ.Germany
Spartan Stores, Inc. was incorporated in the State of Michigan. The Company is a regional grocery distributor and grocery retailer, operating mainly in Michigan and Indiana. It operates two reportable business segments: Distribution and Retail. The Company's Distribution segment provides a selection of approximately 46,000 stock-keeping units (SKU's), including dry groceries, produce, dairy products, meat, deli, bakery, frozen food, seafood, floral products, general merchandise, pharmacy and health and beauty care items to approximately 390 independent grocery stores and its 101 corporate-owned stores. Also included are approximately 4,100 private brand grocery and general merchandise items. The Company's Retail segment operates 101 retail supermarkets predominantly in midsize metropolitan, tourist and lake communities of Michigan. The Company's retail supermarkets are operated under banners including Family Fare Supermarkets, D&W Fresh Markets, Glen's Markets, VG's Food and Pharmacy, Forest Hills Foods and Valu Land. The Company's 101 retail supermarket offer dry groceries, produce, dairy products, meat, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care products, delicatessen items and bakery goods. In 67 of its supermarkets, the Company also offer pharmacy services. In addition to nationally advertised products, the stores carry private brand items, including its flagship Spartan brand, Top Care, a health and beauty care brand, Valu Time, a value brand, and Full Circle, a natural and organic brand. It operates approximately 27 fuel centers at its supermarket locations operating under the banners D&W Quick Stop, Family Fare Quick Stop, Glen's Quick Stop, Felpausch Quick Stop and V.G.'s Quick Stop. The Company is subject to federal, state and local laws and regulations covering the purchase, handling, sale and transportation of its products.

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