MGP Ingredients Inc chart

Last update: 2022-12-30
Investment Backtesting

Systematic investment

16.31 %

Momentum strategy

14.11 %

Buy the dip strategy

0 %
Key statistics and financials
Revenue per share 34.47
Dividend & Yield0.48$ (0.39%)
Beta 0.93
Market capitalization 2.67B
Operating cash flow 89.73M
ESG Scores unknown

Company description

MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, branded spirits, and food ingredients. It operates through three segments: Distillery Products; Branded Spirits; and Ingredient Solutions. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including vodka and gin; and food-grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products. This segment also provides fuel-grade alcohol for blending with gasoline; distillers feed and related co-products, such as distillers feed and corn oil; and warehouse services, including barrel put away, storage, and retrieval services, as well as blending services. The Branded Spirits segment provides ultra-premium, premium, mid, and value branded distilled spirits. The Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym, Resistant Starch, and FiberRite RW Resistant Starch names; specialty wheat proteins for food applications under the Arise and Proterra names; gluten-free textured pea proteins; commodity wheat starch for food and non-food applications; and commodity wheat proteins. The company sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries primarily in the United States, the United Kingdom, Japan, Thailand, Mexico, and Canada. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas.

Sector: Consumer Defensive - Industry: Beverages—Wineries & Distilleries

Financial Ratios
Quick Ratio1.36
Working Capital0.33
Return On Equity0.14
Debt To Equity0.36
Fixed Asset Ratio0.23
Fixed Interest Cover24.2

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

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Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -3.13M 2.11M 1.82M 5.3M
Total Cashflows From Investing Activities -31.05M -17.93M -19.65M -182.62M
Net Borrowings 7.33M 8.91M -1.51M 112.12M
Total Cash From Financing Activities -494k -3.51M -15.26M 94.29M
Change To Operating Activities 2M -5.62M 12.35M 1.78M
Issuance Of Stock
Net Income 37.28M 38.79M 40.34M 91.31M
Change In Cash 1.94M -1.72M 18.35M -94k
Effect Of Exchange Rate -25k -25k -25k -25k
Total Cash From Operating Activities 33.48M 19.72M 53.26M 88.26M
Depreciation 11.36M 11.57M 12.96M 19.09M
Change To Account Receivables -4.45M -2.13M -16.17M -6.03M
Other Cashflows From Financing Activities -107k -123k -1.2M -7.13M
Change To Netincome 4.76M 3.44M 4.09M -2.73M
Capital Expenditures -31.05M -16.73M -19.7M -47.39M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 48.98M 45.94M 52.6M 121.1M
Net Income 37.28M 38.79M 40.34M 91.31M
Selling General Administrative 33.45M 29.29M 44.56M 80M
Gross Profit 83.6M 76.53M 95.07M 177.68M
Ebit 50.15M 47.24M 50.51M 97.68M
Operating Income 50.15M 47.24M 50.51M 97.68M
Interest Expense -1.17M -1.3M -2.27M -4.04M
Income Tax Expense 11.7M 7.14M 12.26M 30.28M
Total Revenue 376.09M 362.75M 395.52M 626.72M
Cost Of Revenue 292.49M 286.21M 300.45M 449.04M
Total Other Income ExpenseNet -1.17M -1.3M 2.09M 23.41M
Net Income From Continuing Ops 37.28M 38.79M 40.34M 90.82M
Net Income Applicable To Common Shares 36.58M 38.54M 40.08M 90.59M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 76.45M 91.55M 104.05M 397.2M
Total Stockholder Equity 201.44M 231.04M 262.52M 644.75M
Other Current Liabilities 704k
Total Assets 277.89M 322.6M 366.57M 1.04B
Common Stock 6.71M 6.71M 6.71M 6.71M
Other Current Assets
Retained Earnings 198.91M 230.78M 262.94M 344.24M
Treasury Stock -19.57M -20.49M -22.64M -22M
Cash 5.03M 3.31M 21.66M 21.57M
Total Current Liabilities 37.46M 39.3M 53.33M 88.8M
Other Stockholder Equity -164k -246k 486k 354k
Property, Plant, and Equipment 120.79M 134.91M 137.14M 216.96M
Total Current Assets 154.62M 184.21M 222.28M 367.1M
Net Tangible Assets 201.44M 229.19M 258.89M 199.62M
Net Receivables 39.51M 41.92M 56.97M 98.08M
Accounts Payable 25.36M 29.51M 30.27M 53.71M

Insider Transactions

Here are the insider transactions of stock shares related to MGP Ingredients Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
SEABERG KAREN LSale at price 106.83 - 108.35 per share.I2022-11-02Director and Beneficial Owner of more than 10% of a Class of Security1.4k
LANDHERR CURTIS CStock Award(Grant) at price 98.53 per share.D2022-10-17Officer1k
GERKE THOMAS AStock Award(Grant) at price 108.92 per share.D2022-10-06Director183
SEABERG KAREN LStock Award(Grant) at price 108.92 per share.D2022-10-06Director and Beneficial Owner of more than 10% of a Class of Security298
SIWAK TODD B.Stock Award(Grant) at price 108.92 per share.D2022-10-06Director160
MICHELSON PREET HStock Award(Grant) at price 108.92 per share.D2022-10-06Director40
SEABERG KAREN LSale at price 106.00 - 110.58 per share.I2022-10-04Director and Beneficial Owner of more than 10% of a Class of Security6.73k
MINGUS LORI L.S.Sale at price 106.00 per share.I2022-10-03Director740
MINGUS LORI L.S.Sale at price 114.96 per share.I2022-09-08Director1.75k
SEABERG KAREN LSale at price 107.08 - 107.53 per share.I2022-09-02Director and Beneficial Owner of more than 10% of a Class of Security1.63k
MINGUS LORI L.S.Sale at price 107.53 per share.I2022-09-01Director93
LUX DONN S.Purchase at price 110.24 per share.I2022-08-08Director and Beneficial Owner of more than 10% of a Class of Security5k
LUXCO 2017 IRREVOCABLE TRUSTPurchase at price 110.24 per share.D2022-08-08Trustee5k
SEABERG KAREN LSale at price 105.63 - 105.75 per share.I2022-08-02Director and Beneficial Owner of more than 10% of a Class of Security1.89k
MINGUS LORI L.S.Sale at price 105.63 per share.I2022-08-01Director237
STRANDJORD MARY JEANNINEStock Award(Grant) at price 100.18 per share.D2022-07-07Director104
GERKE THOMAS AStock Award(Grant) at price 100.18 per share.D2022-07-07Director192
SEABERG KAREN LStock Award(Grant) at price 100.18 per share.D2022-07-07Director and Beneficial Owner of more than 10% of a Class of Security299
SEABERG KAREN LSale at price 100.36 per share.I2022-07-06Director and Beneficial Owner of more than 10% of a Class of Security4.01k
MINGUS LORI L.S.Sale at price 100.36 per share.I2022-07-06Director499
SEABERG KAREN LSale at price 101.83 per share.I2022-07-05Director and Beneficial Owner of more than 10% of a Class of Security4k
SEABERG KAREN LSale at price 100.54 per share.I2022-07-01Director and Beneficial Owner of more than 10% of a Class of Security149
MINGUS LORI L.S.Sale at price 100.54 per share.I2022-07-01Director1.8k
LUX DONN S.Purchase at price 93.22 - 93.89 per share.I2022-06-15Director and Beneficial Owner of more than 10% of a Class of Security5k
LUXCO 2017 IRREVOCABLE TRUSTPurchase at price 93.22 - 93.89 per share.D2022-06-15Trustee5k
SEABERG KAREN LSale at price 96.33 per share.I2022-06-02Director and Beneficial Owner of more than 10% of a Class of Security1.82k
MINGUS LORI L.S.Sale at price 96.33 per share.I2022-06-02Director76
DYKSTRA DAVID ESale at price 95.48 per share.I2022-06-01Officer1.57k
SEABERG KAREN LSale at price 95.52 per share.I2022-06-01Director and Beneficial Owner of more than 10% of a Class of Security1.83k
MINGUS LORI L.S.Sale at price 95.52 per share.I2022-06-01Director80
GERKE THOMAS AStock Award(Grant) at price 97.04 per share.D2022-05-27Director875
RAUCKMAN KEVIN SStock Award(Grant) at price 97.04 per share.D2022-05-27Director875
SEABERG KAREN LStock Award(Grant) at price 97.04 per share.D2022-05-27Director and Beneficial Owner of more than 10% of a Class of Security875
CLARK NEHA JStock Award(Grant) at price 97.04 per share.D2022-05-27Director875
MINGUS LORI L.S.Stock Award(Grant) at price 97.04 per share.D2022-05-27Director875
LUX DONN S.Stock Award(Grant) at price 97.04 per share.D2022-05-27Director and Beneficial Owner of more than 10% of a Class of Security875
LUX MICHELEStock Award(Grant) at price 97.04 per share.I2022-05-27Beneficial Owner of more than 10% of a Class of Security875
SIWAK TODD B.Stock Award(Grant) at price 97.04 per share.D2022-05-27Director875
MICHELSON PREET HStock Award(Grant) at price 97.04 per share.D2022-05-27Director875
GLASER STEPHEN JOSEPHSale at price 101.28 per share.D2022-05-16Officer1k
DYKSTRA DAVID ESale at price 92.46 per share.I2022-05-04Officer2
DYKSTRA DAVID ESale at price 90.49 - 90.72 per share.I2022-05-03Officer4.41k
SEABERG KAREN LSale at price 90.60 - 90.78 per share.I2022-05-03Director and Beneficial Owner of more than 10% of a Class of Security6.12k
MINGUS LORI L.S.Sale at price 90.60 - 90.78 per share.I2022-05-03Director4.25k
STRANDJORD MARY JEANNINEStock Award(Grant) at price 92.49 per share.D2022-04-07Director113
GERKE THOMAS AStock Award(Grant) at price 92.49 per share.D2022-04-07Director208
SEABERG KAREN LStock Award(Grant) at price 92.49 per share.D2022-04-07Director and Beneficial Owner of more than 10% of a Class of Security324
DYKSTRA DAVID ESale at price 91.13 per share.I2022-04-05Officer1.96k
SEABERG KAREN LSale at price 91.13 per share.I2022-04-05Director and Beneficial Owner of more than 10% of a Class of Security3.94k
DYKSTRA DAVID ESale at price 88.73 per share.I2022-04-04Officer2.5k
SEABERG KAREN LSale at price 88.72 per share.I2022-04-04Director and Beneficial Owner of more than 10% of a Class of Security3.5k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page

Investment strategy backtesting

These are the result of three automatic investment systems applied to MGP Ingredients Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.

Systematic investment results on MGP Ingredients Inc

Here is the result of two systematic investment strategies applied to MGP Ingredients Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on MGP Ingredients Inc

The following chart shows the equity curve of the two systematic investment strategies applied to MGP Ingredients Inc:

MGP Ingredients Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 16.31% on the backtest period.

Performance at glance

Performance

16.31 %

Latent gain

367.63 $

Invested capital

2254.37 $

Annualized return

3.94 %
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Momentum strategy results on MGP Ingredients Inc

This is the result of two momentum investment strategies applied to MGP Ingredients Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on MGP Ingredients Inc

The following chart shows all the entries opened by the momentum investment system on MGP Ingredients Inc:

MGP Ingredients Inc momentum entries
  • The first momentum investment strategy would give 14.11% of return on MGP Ingredients Inc. That represents 899.76$ of latent gain with 6376.29$ of employed capital.
  • The second momentum investment strategy would give 26.05% of return on MGP Ingredients Inc. That represents 839.82$ of latent gain with 3224.28$ of employed capital.
Performance at glance (1Q Momentum)

Performance

14.11 %

Latent gain

899.76 $

Invested capital

6376.29 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

26.05 %

Latent gain

839.82 $

Invested capital

3224.28 $

Annualized return

7.12 %

Momentum equity curve on MGP Ingredients Inc

The following chart shows the equity curve of the two momentum strategies applied to MGP Ingredients Inc:

MGP Ingredients Inc momentum equity

Note: the dividends potentially given by MGP Ingredients Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.

Employed capital on MGP Ingredients Inc

The following chart shows the employed capital evolution of the two momentum strategies on MGP Ingredients Inc since the beginning:

MGP Ingredients Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.

Buy the dip strategy result on MGP Ingredients Inc

Buy the dip entry openings on MGP Ingredients Inc

MGP Ingredients Inc

The performance achieved by the robo-advisor on MGP Ingredients Inc is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows MGP Ingredients Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MGP Ingredients Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to MGP Ingredients Inc

The following chart shows the result of the investment strategy applied to MGP Ingredients Inc:

MGP Ingredients Inc

Note: the dividends potentially given by MGP Ingredients Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.

Employed capital on MGP Ingredients Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on MGP Ingredients Inc:

MGP Ingredients Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.

Investment strategies comparison on MGP Ingredients Inc

In this section, I will compare the three previous investment strategies applied to MGP Ingredients Inc.

Equity curve comparison on MGP Ingredients Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

MGP Ingredients Inc investment strategy comparison

Employed capital comparison on MGP Ingredients Inc

MGP Ingredients Inc investment comparison

Performance comparison on MGP Ingredients Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 16.31% 367.63$ 2254.37$ 3.94%
Momentum 1 quarter 14.11% 899.76$ 6376.29$ 3.62%
Momentum 2 quarters 26.05% 839.82$ 3224.28$ 7.12%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

3.94 %

Momentum 1Q

7.12 %

Momentum 2Q

7.12 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with MGP Ingredients Inc:

Positive correlations

Most correlated stocks this year

  • MGP Ingredients Inc
    •

    Most correlated stocks last 3 months

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  • MGP Ingredients Inc
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  • Diageo plc
  • SPIRE HEALTHCARE GROUP PLC ORD 1P
  • EDICO HOLDINGS
  • Columbia Sportswear Company
  • National Instruments Corp
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  • Blucora Inc
  • Mercer International Inc
  • NGL Energy Partners LP

    • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between MGP Ingredients Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of MGP Ingredients Inc does not vary for 36 weeks, the correlation calculation result will be wrong.

    Company information
    Company name MGP Ingredients Inc
    Country United States
    City Atchison
    Address 100 Commercial Street
    Phone 913 367 1480
    Website www.mgpingredients.com
    FullTime employees 672
    Industry Beverages—Wineries & Distilleries
    Sector Consumer Defensive
    Exchange XNAS
    Ticker MGPI
    Market www.nasdaq.com

    MGP Ingredients Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown

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