NYSE:GGG (USA) Also Trade In: Germany

Graco Inc $ 75.83 -0.34 (-0.45%)

On watch
Volume:
425,387
Avg Vol (1m):
593,555
Market Cap $:
12.70 Bil
Enterprise Value $:
12.63 Bil
P/E (TTM):
43.58
P/B:
10.90
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Graco Inc News and Headlines -

GuruFocus Articles Total 37
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Guru stock highlight

Minnesota-based Graco (GGG) has been a Fund holding since 2001. The company, which holds a dominant position in the commercial paint spraying industry, is experiencing good demand during the current residential real estate boom. Graco's management team also has done an exceptional job managing costs through the overall economic downturn. It seems likely people will continue to migrate out of city centers and into the suburbs for a long time following this lockdown experience, so demand for Graco products should hold up well along with housing demand.

From [url=https://www.gurufocus.com/StockBuy.php?GuruName=Mairs+and+Power]Mairs and Power[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=Mairs+and+Power]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=Mairs+and+Power]Portfolio[/url]) Growth Fund's third-quarter 2020 shareholder

8 Views    Sydnee Gatewood    2020-10-20 21:28
Discussion of markets and holdings

Market Overview | Third Quarter 2020

In the past six months, we've experienced the fastest stock market recovery ever, following the bottom of a bear market. As cooler days arrive, it wouldn't be surprising to see the market cool off a bit as well. We hope that the economic recovery picks up some of the vigor we have seen in the market. There are many reasons for optimism going forward, but there are also some concerns as well. And COVID-19 isn't yet under control, though there are promising reports of vaccines in development.

The equities index numbers reflect the market's

52 Views    Sydnee Gatewood    2020-10-20 21:19
Warren Buffett's primary metric of managerial economic performance seems rarely mentioned among corporate executives

"The primary test of managerial economic performance is the achievement of a high earnings rate on equity capital employed (without undue leverage, accounting gimmickry, etc.) and not the achievement of consistent gains in earnings per share."

- Warren Buffett (Trades, Portfolio)

Warren Buffett (Trades, Portfolio) has this simple test above to measure the performance of a management team. I would bet that most business-perspective investors would stand by the Oracle of Omaha and even employ the metric to filter out well-managed businesses that are hopeful of outperforming. So shouldn't the executive world

1174 Views    Steven Chen    2020-09-13 16:40
Investors should take time to understand the cost structure of the business that they are interested in

In general, high operational gearing is a double-edged sword for owners. High operational gearing occurs when fixed costs (which have to be paid regardless of the level of sales) make up a high proportion of total costs, which results in high sensitivity of operating profit to revenue.

On the one hand, high operational gearing enables the company to grow its bottom-line fairly quickly (when things go well). But on the other hand, it increases business risk, making it more difficult for management and investors to forecast future earnings.

We at Urbem think that a highly operationally geared business can

241 Views    Steven Chen    2020-08-27 14:47
The guru shared his thoughts on consistent focus, low yield and investment risk

For those panicking through the recent market turmoil, we find that a revisit to Warren Buffett’s 2008 shareholder letter can provide some solace. The S&P 500 has lost 37% of its value year to date, making it the worst year for the index since Buffett took over Berkshire.

Focus

Acknowledging that nobody can predict the winning and losing years in advance, Buffett stressed that investors have consistent focuses, regardless of market conditions:

“(1) Maintaining Berkshire’s Gibraltar-like financial position, which features huge amounts of excess liquidity, near-term obligations that are modest, and dozens of sources of earnings and cash;

(2)

1655 Views    Steven Chen    2020-03-23 14:36
A crucial point on the common stock checklist by the father of growth investing

The research and development activity is like a twofer to a business. On the one hand, it may unlock additional customer value so as to widen the competitive gap against peers. On the other side, it could extend product lines or enhance operational efficiency, which would fuel organic growth.

Growth investment guru Phil Fisher considered the effectiveness of a company’s research and development efforts in relation to its size as one of the 15 primary factors that he used to evaluate a common stock. Admittedly, to gauge the return on the company’s R&D spending is neither easy nor simple. The

365 Views    Steven Chen    2020-03-18 17:06
A valuable intangible asset in the mission-critical space

Durable competitive edges often come from intangible assets. A superior reputation is one type of them. A highly-reputed product or service is especially effective in guarding the business against competition when it comes to the mission-critical application with zero or little error tolerance.

Take a look at Intuitive Surgical Inc. (ISRG), the pioneer and leader in robotic-assisted surgery. The company is well-known for successfully transforming its first-mover advantage into a last-mover power thanks to its reputation earned from over 6 million procedures already performed and more than 18,000 peer-reviewed scientific publications regarding its da Vinci system. Thus, the barrier for

190 Views    Steven Chen    2020-03-08 20:14
Dassault Systemes tops the list

Benjamin Graham, the father of value investing, suggested using specific financial strength criteria in order to have higher chances of finding quality companies. These characteristics include a current ratio of more than 2 and working capital that exceeds the long-term debt.

The current ratio indicates whether the balance sheet provides the company with sufficient margins to pay off its short-term creditors. It is calculated as total current assets divided by total current liabilities.

The working capital is the difference between total current assets and total current liabilities. A higher working capital than long-term debt is an indicator of a solid

85 Views    Alberto Abaterusso    2020-01-09 16:29
Cyclical stocks can have an unusual advantage

It is usual for investors to dislike cyclical stocks. In the end, who could predict macro-economic trends accurately on a consistent basis to buy and sell at near-perfect timings? If such a discipline could be studied, the wealthiest group of people on this planet would be economists!

At Urbem, we fully recognize our inability to make calls on cycles, which in itself is an edge for our investment process in our view. But at the same time, we think that recession provides a unique advantage for a small portion of cyclical businesses – it helps weaken or even wipe out

776 Views    Steven Chen    2020-01-03 15:43
A source of moat among small-cap and mid-cap companies

The so-called competitive niche occurs when a company holds the advantage to compete effectively in a specific segment of the market, given its resources and competencies. If that advantage is promising enough to last for the years or even decades to come, then we think that the niche focus could lead to an economic moat. Such a scenario often happens to smaller-scale businesses, as concentrated effort counts a lot when they deal with a narrow target group.

From an investment perspective, we would need to examine the profitability and return on investment to avoid niches that are too specialized or

450 Views    Steven Chen    2019-12-23 17:20
Altria makes the list

According to the GuruFocus All-In-One Screener as of Wednesday, the following companies look cheap since they are trading with low price-sales ratios.

Greene County Bancorp Inc. (GCBC) is trading around $28 per share with a price-sales ratio of 4.97 and a price-earnings ratio of 13.62.

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The holding company has a market cap of $245 million. The stock has risen at an annualized rate of 14.37% over the past decade.

The discounted cash flow calculator gives the stock a fair value of $40.42, suggesting it is undervalued by 28.9%.

Graco Inc. (GGG) is trading around

111 Views    Tiziano Frateschi    2019-12-04 20:40
A hidden gem with a wide moat

Minnesota-based Graco Inc. (GGG) designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. The lesser-known name is a recognized leader in its niche specialties that help customers worldwide in both industrial and commercial applications, including solving manufacturing problems, increasing productivity, improving quality and saving on costs.

The company possesses a vast network of outlets, with over 30,000 distributors in more than 100 countries, which is hard for competitors to replicate. As of the first three quarters of fiscal 2019, 59% of the sales come from the Americas, 24% from Europe, the

378 Views    Steven Chen    2019-11-26 16:43
Gurus to speak at upcoming value conference

Gurus Mario Gabelli (Trades, Portfolio) and Chuck Royce (Trades, Portfolio) may take different approaches to value investing, but they hold many of the same stocks in their equity portfolios. In addition, both investors will be speaking at the GuruFocus Value Conference in May.

Gabelli’s GAMCO Investors, which is based in New York, looks for investment opportunities among undervalued companies that have a catalyst.

On the other hand, Royce’s New York-based firm, Royce & Associates, specializes in small-cap companies. It picks stocks based on an active, bottom-up, risk-conscious and fundamental approach, looking

337 Views    Sydnee Gatewood    2019-03-29 19:06
Practicing Warren Buffett and Aswath Damodaran's advice on growth rates

Warren Buffett (Trades, Portfolio) once likened valuation to Aesop’s fable, “a bird in the hand is worth two in the bush.” The trick though, he tells us, lies in figuring out how many birds are in the bush, when they will appear, and our certainty of the birds’ existence. Let’s take a closer look at a key valuation input, growth rates, and see if we can better determine how many birds are in the bush.

Growing Pains

In building a discounted cash flow model, one must decide on a growth rate. Where do

3045 Views    Adam Brownlee    2016-09-23 22:15
Value plus momentum outperforms.

Not many stocks have momentum after a sour January. But a few stocks managed to eke out gains, and they are precious specimens to investors who believe the best time to buy a stock is when it’s rising.

Twice a year I list some stocks that combine value (a stock price relative to per-share earnings) with momentum (better price action than average). For today’s column, I considered a stock to have momentum if it was up at least 1% in the past six months (when the S&P 500 was down 6.77%) and up at least a small fraction in January.

605 Views    John Dorfman    2016-02-03 16:19

With 53% of its sales overseas and all of its costs in dollars, at year end Graco (GGG) told investors the stronger dollar will present a headwind in its ability to grow earnings in 2015. We like the company. It holds a leading market position as an industrial supplier of pumps and coating equipment. It has an experienced and focused management team with a clear, positive and executable strategy. We view the stock as cheap so we are using the current weakness to add to our position.

From [url=http://www.gurufocus.com/StockBuy.php?GuruName=Bill+Frels]Bill Frels[/url] ([url=http://www.gurufocus.com/StockBuy.php?GuruName=Bill+Frels]Trades[/url], [url=http://www.gurufocus.com/holdings.php?GuruName=Bill+Frels]Portfolio[/url])’ Mairs & Power Growth Fund Q1

611 Views    Vera Yuan    2015-05-22 16:26

While we’ve only finished one quarter, 2015 is shaping up to be the year of the dollar, which has risen more rapidly against major foreign currencies than any time in the last 40 years. The dollar’s rapid rise and enduring strength have created significant changes in the outlook for earnings and the economy. This dynamic particularly hurts U.S. companies that do most or all of their manufacturing domestically and have a strong component of overseas sales. These companies, reporting their earnings in dollars, cannot fully offset weaker local currencies with pricing moves. As a result, many companies have reduced their

730 Views    Vera Yuan    2015-05-22 16:17

With ISIS on the march, the Eurozone’s fits and starts and a potential U.S. confrontation with Russia in the air, third quarter performance could have been expected to take a time-out from this year’s domestic advances. Instead, the Standard & Poor’s Total Return Index rose 1.13% for the third quarter gaining 8.34% year-to-date. Then, defying the consensus of market analysts who thought rates would go up and bond prices would decline, the Barclay’s Government/Credit Index also delivered a slight gain of 0.17% for the period with a 4.12% advance year-to-date.

While inflation conveniently remained in check for the quarter, the

1163 Views    Vera Yuan    2014-10-20 19:11

In the industrials camp, Graco (GGG) was among the portfolio’s below-average performers – even though it managed to deliver above-average growth for the year. Supplying technology and expertise for the management of fluids in both industrial and commercial settings, Graco has a global client base grounded in manufacturing, construction and maintenance. With a stock price that appeared overvalued in 2013, the company now looks much more attractive after the market knocked out some of its excess in the recent period. Despite trimming it somewhat last quarter, Graco still represents a substantial holding for the Fund.

From [url=http://www.gurufocus.com/StockBuy.php?GuruName=Bill+Frels]Bill Frels[/url] ([url=http://www.gurufocus.com/StockBuy.php?GuruName=Bill+Frels]Trades[/url],

457 Views    Vera Yuan    2014-10-20 18:53

With ISIS on the march, the Eurozone’s fits and starts and a potential U.S. confrontation with Russia in the air, third quarter performance could have been expected to take a time-out from this year’s domestic advances. Instead, the Standard & Poor’s Total Return Index rose 1.13% for the third quarter gaining 8.34% year-to-date. Then, defying the consensus of market analysts who thought rates would go up and bond prices would decline, the Barclay’s Government/Credit Index also delivered a slight gain of 0.17% for the period with a 4.12% advance year-to-date.

While inflation conveniently remained in check for the quarter, the

969 Views    Holly LaFon    2014-10-20 16:14

Headlines Total 145
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2021-01-22 $ 75.83 (-0.45%)
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2021-01-21 $ 76.17 (-0.68%)
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