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64.81 (1y: +16%)
Market Cap 2.38 B P/E(ttm) 26.90
Enterprise Value 3.14 B P/B 1.99
THS- NYSE (USA)
Treehouse Foods, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$64.81
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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 : 6/10

vs
industry		 vs
history
Cash to Debt 0.105
THS's Cash to Debt is ranked lower than
74% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 2.03 vs. THS: 0.105 )
THS' s 10-Year Cash to Debt Range
Min: 0   Max: No Debt
Current: 0.11
Equity to Asset -0.123
THS's Equity to Asset is ranked lower than
96% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.48 vs. THS: -0.123 )
THS' s 10-Year Equity to Asset Range
Min: -0.24   Max: 0.83
Current: -0.12
-0.24
0.83
Interest Coverage 3.5
THS's Interest Coverage is ranked lower than
74% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 149.30 vs. THS: 3.5 )
THS' s 10-Year Interest Coverage Range
Min: 3   Max: 137
Current: 3.5
3
137
F-Score: 6
Z-Score: 2.51
M-Score: -2.62
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 : 8/10

vs
industry		 vs
history
Operating margin (%) 8.10
THS's Operating margin (%) is ranked higher than
70% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 4.30 vs. THS: 8.10 )
THS' s 10-Year Operating margin (%) Range
Min: 4   Max: 15.3
Current: 8.1
4
15.3
Net-margin (%) 4
THS's Net-margin (%) is ranked higher than
61% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 2.90 vs. THS: 4 )
THS' s 10-Year Net-margin (%) Range
Min: 1.6   Max: 9.7
Current: 4
1.6
9.7
ROE (%) 7.5
THS's ROE (%) is ranked higher than
57% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 7.20 vs. THS: 7.5 )
THS' s 10-Year ROE (%) Range
Min: 2.3   Max: 12.8
Current: 7.5
2.3
12.8
ROA (%) 3.5
THS's ROA (%) is ranked higher than
52% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 3.60 vs. THS: 3.5 )
THS' s 10-Year ROA (%) Range
Min: 1.9   Max: 10.3
Current: 3.5
1.9
10.3
ROC (Joel Greenblatt) (%) 24.10
THS's ROC (Joel Greenblatt) (%) is ranked higher than
73% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 11.40 vs. THS: 24.10 )
THS' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 13.3   Max: 40.8
Current: 24.1
13.3
40.8
Revenue Growth (%) 6.3
THS's Revenue Growth (%) is ranked higher than
84% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 3.40 vs. THS: 6.3 )
THS' s 10-Year Revenue Growth (%) Range
Min: 0.3   Max: 20.3
Current: 6.3
0.3
20.3
EBITDA Growth (%) 8.1
THS's EBITDA Growth (%) is ranked higher than
91% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 3.20 vs. THS: 8.1 )
THS' s 10-Year EBITDA Growth (%) Range
Min: -18.8   Max: 30.5
Current: 8.1
-18.8
30.5
EPS Growth (%) -1
THS's EPS Growth (%) is ranked higher than
94% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 3.00 vs. THS: -1 )
THS' s 10-Year EPS Growth (%) Range
Min: -28.9   Max: 29.9
Current: -1
-28.9
29.9
ยป THS's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

THS Guru Trades in Q2 2012

Steven Cohen 82,319 sh (+44.32%)
NWQ Managers 434,968 sh (+30.44%)
Ron Baron 1,759,199 sh (unchged)
John Keeley 664,585 sh (-5.29%)
» More
Q3 2012

THS Guru Trades in Q3 2012

Ken Fisher 300,000 sh (New)
Joel Greenblatt 4,418 sh (New)
NWQ Managers 446,045 sh (+2.55%)
Ron Baron 1,747,244 sh (-0.68%)
John Keeley 202,805 sh (-69.48%)
Steven Cohen 13,009 sh (-84.2%)
» More
Q4 2012

THS Guru Trades in Q4 2012

Joel Greenblatt 32,317 sh (+631.48%)
Ken Fisher 914,098 sh (+204.7%)
NWQ Managers 517,851 sh (+16.1%)
Steven Cohen Sold Out
John Keeley Sold Out
Ron Baron 1,745,204 sh (-0.12%)
» More
Q1 2013

THS Guru Trades in Q1 2013

Steven Cohen 7,390 sh (New)
Jim Simons 76,100 sh (New)
NWQ Managers 543,443 sh (+4.94%)
Ron Baron 1,736,004 sh (-0.53%)
Ken Fisher 906,477 sh (-0.83%)
Joel Greenblatt 25,098 sh (-22.34%)
» More
» Details

Insider Trades

Latest Guru Trades with THS

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 Reduce -22.34%0.02%$52.13 - $65.15 $ 64.8115%25098
John Keeley 2012-12-31 Sold Out 0.23%$49.97 - $56.73 $ 64.8123%0
Joel Greenblatt 2012-12-31 Add 631.48%0.08%$49.97 - $56.73 $ 64.8123%32317
Joel Greenblatt 2012-12-31 Add 631.48%0.08%$49.97 - $56.73 $ 64.8123%32317
John Keeley 2012-09-30 Reduce -69.48%0.65%$48.39 - $63.22 $ 64.8119%202805
Joel Greenblatt 2012-09-30 New Buy0.02%$48.39 - $63.22 $ 64.8119%4418
Joel Greenblatt 2011-12-31 Sold Out 0.05%$58.54 - $66.46 $ 64.814%0
Joel Greenblatt 2011-09-30 Reduce -50.31%0.04%$51.1 - $61.98 $ 64.8119%4651
Joel Greenblatt 2011-06-30 New Buy0.07%$54.1 - $60.93 $ 64.8112%9360
Ron Baron 2010-03-31 Add 56.06%0.13%$37.37 - $45.57 $ 64.8156%1248150
Premium More recent guru trades are included for Premium Members only!!

Guru Investment Theses on Treehouse Foods, Inc.

Baron Funds Comments on TreeHouse Foods Inc. - Dec 07, 2012

TreeHouse Foods, Inc. (THS), a producer of private label foods, declined 15.7% in the third quarter. Higher commodity costs, an absence of acquisitions, and a consumer shift to alternative shopping channels have slowed TreeHouse Foods's recent growth. We believe the private label food segment will continue to take share from branded grocery products over the long term, and we expect the category to continue to consolidate and result in greater profitability for TreeHouse Foods. (Michael Baron)

From Baron Funds third quarter letter.


Check out Ron Baron latest stock trades

Top Ranked Articles about Treehouse Foods, Inc.

Baron Funds Comments on TreeHouse Foods Inc.
December 7, 2012
TreeHouse Foods, Inc. (THS), a producer of private label foods, declined 15.7% in the third quarter. Higher commodity costs, an absence of acquisitions, and a consumer shift to alternative shopping channels have slowed TreeHouse Foods's recent growth. We believe the private label food segment will continue to take share from branded grocery products over the long term, and we expect the category to continue to consolidate and result in greater profitability for TreeHouse Foods. (Michael Baron) Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 26.90
THS's P/E(ttm) is ranked higher than
71% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 20.98 vs. THS: 26.90 )
THS' s 10-Year P/E(ttm) Range
Min: 13.59   Max: 1096
Current: 26.9
13.59
1096
P/B 1.99
THS's P/B is ranked higher than
50% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.66 vs. THS: 1.99 )
THS' s 10-Year P/B Range
Min: 1   Max: 2.3
Current: 1.99
1
2.3
P/S 1.09
THS's P/S is ranked lower than
59% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.70 vs. THS: 1.09 )
THS' s 10-Year P/S Range
Min: 0.46   Max: 1.81
Current: 1.09
0.46
1.81
PFCF 18.15
THS's PFCF is ranked higher than
65% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 17.81 vs. THS: 18.15 )
THS' s 10-Year PFCF Range
Min: 5.76   Max: 33.11
Current: 18.15
5.76
33.11
EV-to-EBIT 17.85
THS's EV-to-EBIT is ranked higher than
73% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 16.10 vs. THS: 17.85 )
THS' s 10-Year EV-to-EBIT Range
Min: 10.4   Max: 38.5
Current: 17.85
10.4
38.5
PEG 1.76
THS's PEG is ranked higher than
97% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.80 vs. THS: 1.76 )
THS' s 10-Year PEG Range
Min: 0.41   Max: 1.75
Current: 1.76
0.41
1.75
Shiller P/E 29.36
THS's Shiller P/E is ranked higher than
86% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 21.00 vs. THS: 29.36 )
THS' s 10-Year Shiller P/E Range
Min: 23.24   Max: 37.92
Current: 29.36
23.24
37.92

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 10.1
THS's Price/Net Current Asset Value is ranked higher than
80% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 6.60 vs. THS: 10.1 )
THS' s 10-Year Price/Net Current Asset Value Range
Min: 4   Max: 11.2
Current: 10.1
4
11.2
Price/DCF (Projected) 1
THS's Price/DCF (Projected) is ranked higher than
82% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.50 vs. THS: 1 )
THS' s 10-Year Price/DCF (Projected) Range
Min: 0.8   Max: 1.1
Current: 1
0.8
1.1
Price/Median PS Value 1.1
THS's Price/Median PS Value is ranked higher than
80% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.90 vs. THS: 1.1 )
THS' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 1.2
Current: 1.1
0.6
1.2
Price/Peter Lynch Fair Value 1.6
THS's Price/Peter Lynch Fair Value is ranked higher than
97% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 1.75 vs. THS: 1.6 )
THS' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.8   Max: 1.4
Current: 1.6
0.8
1.4
Earnings Yield (Greenblatt) 5.60
THS's Earnings Yield (Greenblatt) is ranked lower than
75% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 6.50 vs. THS: 5.60 )
THS' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.6   Max: 9.6
Current: 5.6
2.6
9.6
Forward Rate of Return (Yacktman) 19.56
THS's Forward Rate of Return (Yacktman) is ranked higher than
91% of the 646 Companies
in the Global Packaged Foods industry.

( Industry Median: 6.13 vs. THS: 19.56 )
THS' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 20.3   Max: 43.7
Current: 19.56
20.3
43.7

Business Description

TreeHouse Foods, Inc., a Delaware corporation was incorporated on January 25, 2005 by Dean Foods Company to accomplish a spin-off of certain specialty businesses to its shareholders which was completed on June 27, 2005. Since the Company began operating as an independent entity, it has expanded its product offerings through a number of acquisitions. TreeHouse is a food manufacturer servicing mainly the retail grocery and foodservice distribution channels. Its products include non-dairy powdered coffee creamers; private label soups, salad dressings and sauces; Mexican sauces; jams and pie fillings; pickles and related products; infant feeding products; aseptic sauces; refrigerated salad dressings and liquid non-dairy creamer. TreeHouse manufactures and sells the following: private label products to retailers, such as supermarkets and mass merchandisers, for resale under the retailers' own or controlled labels, private label and branded products to the foodservice industry, including foodservice distributors and national restaurant operators, branded products under its own proprietary brands, mainly on a regional basis to retailers, and products to its industrial customer base, for repackaging in portion control packages and for use as ingredients by other food manufacturers. The Company's North American Retail Grocery segment sells branded and private label products to customers within the United States and Canada. These products include non-dairy powdered creamers; condensed and ready to serve soups, broths and gravies; infant feeding products; salad dressings and sauces; pickles, peppers and relishes; Mexican sauces; jams and pie fillings; aseptic products and liquid non-dairy creamer. The Company's Food Away From Home segment sells non-dairy powdered creamers, pickle products, Mexican sauces, refrigerated dressings, and aseptic products to foodservice customers, including restaurant chains and food distribution companies, within the United States and Canada. The Company's Industrial and Export segment includes the Company's co-pack soup and infant feeding business; non-dairy powdered creamer sales to industrial customers for use in industrial applications, including products for repackaging in portion control packages and for use as ingredients by other food manufacturers; pickles; Mexican sauces; and refrigerated dressings. Export sales are mainly to industrial customers. TreeHouse operates its business as Bay Valley Foods, LLC in the United States and E.D. Smith Foods, LTD in Canada. Bay Valley is a Delaware limited liability company, a wholly owned subsidiary of the Company and holds all of the real estate and operating assets related to its business. E.D. Smith is a wholly owned subsidiary of Bay Valley. The Company produces a variety of products at its pickle production facilities, including pickles, peppers, pickled vegetables, jalapeno peppers, pepperoncini peppers, sliced banana peppers and pickled okra. TreeHouse also
Company Website
SEC Reports
Industry: Packaged Foods
Compare:NSRGY, UL, UN, DANOY, GIS
ยป More Articles for THS

Headlines

Articles On GuruFocus.com
Baron Funds Comments on TreeHouse Foods Inc. Dec 07 2012 
Treehouse Foods - Conference Notes Sep 16 2011 
TreeHouse Foods Inc. Reports Operating Results (10-Q) Nov 05 2010 
TreeHouse Foods Inc. Reports Operating Results (10-Q) Aug 06 2010 
Ron Baron Buys Denbury Resources Inc., Aol Inc, Generac Holdings Inc., 3M Company, Sells Watson Wyat May 16 2010 
TreeHouse Foods Inc. Reports Operating Results (10-Q) May 07 2010 
Ron Baron Buys Realogy Corp, Verisk Analytics Inc., Riskmetrics Group, Sells Sunpower Corporation, M Feb 13 2010 
TreeHouse Foods Inc. Reports Operating Results (10-Q) Nov 04 2009 
TreeHouse Foods Inc. Reports Operating Results (10-Q) May 08 2009 
John Keeley Buys LB Foster Co., Petrohawk Energy Corp., Mueller Water Products, Inc., Sells Sybron D Aug 22 2006 

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