Pacific Ethanol

Pacific Ethanol, Inc. (Pacific Ethanol) is a marketer and producer of low-carbon renewable fuels in the Western United States. Pacific Ethanol markets all the ethanol produced by four ethanol production facilities located in California, Idaho and Oregon, or the Pacific Ethanol Plants, all the ethanol produced by three other ethanol producers in the Western United States and ethanol purchased from other third-party suppliers throughout the United States. It also markets ethanol co-products, including wet distiller’s grains and syrup (WDG), for the Pacific Ethanol Plants. The Company holds a 34% ownership interest in New PE Holdco LLC (New PE Holdco), the plant owners, which collectively own the Pacific Ethanol Plants. The Company's ethanol customers are integrated oil companies and gasoline marketers who blend ethanol into gasoline. In July 2012, it acquired an additional 33% ownership interest in New PE Holdco LLC, the owner of the Pacific Ethanol plants

Company Growth (employees)
Type
Public
HQ
Sacramento, US
Founded
2005
Size (employees)
500 (est)+8%
Pacific Ethanol was founded in 2005 and is headquartered in Sacramento, US

Key People/Management at Pacific Ethanol

Neil M. Koehler

Neil M. Koehler

CEO

Pacific Ethanol Office Locations

Pacific Ethanol has an office in Sacramento
Sacramento, US (HQ)
2060 Wells Fargo Center 400 Capitol Mall

Pacific Ethanol Financials and Metrics

Pacific Ethanol Financials

Pacific Ethanol's revenue was reported to be $1.6 b in FY, 2016
USD

Revenue (Q2, 2017)

405.2 m

Gross profit (Q2, 2017)

1.7 m

Gross profit margin (Q2, 2017), %

0%

Net income (Q2, 2017)

(9.9 m)

EBIT (Q2, 2017)

(7.1 m)

Market capitalization (13-Nov-2017)

195.4 m

Cash (30-Jun-2017)

91.5 m

EV

303.5 m
Pacific Ethanol's current market capitalization is $195.4 m.
USDFY, 2013FY, 2014FY, 2016

Revenue

908.4 m1.1 b1.6 b

Revenue growth, %

22%

Cost of goods sold

875.5 m998.9 m1.6 b

Gross profit

32.9 m108.5 m51.8 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

233.9 m254.5 m321.1 m275.6 m206.2 m227.6 m380.6 m342.4 m422.9 m417.8 m386.3 m405.2 m

Cost of goods sold

230.4 m216 m287.6 m257.6 m207.2 m221.4 m388 m341.3 m405.2 m411.4 m392.1 m403.5 m

Gross profit

3.5 m38.5 m33.6 m18 m(987 k)6.3 m(7.4 m)1.1 m17.7 m6.4 m(5.8 m)1.7 m

Gross profit Margin, %

2%15%10%7%(0%)3%(2%)0%4%2%(1%)0%
USDFY, 2013FY, 2014FY, 2016

Cash

5.2 m62.1 m68.6 m

Inventories

23.4 m18.6 m60.1 m

Current Assets

79.4 m139.6 m235.2 m

PP&E

465.2 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

7.8 m25.9 m56.3 m42.3 m49.3 m53.1 m19.2 m31.7 m40.6 m73.7 m91.5 m

Accounts Receivable

51.4 m43.1 m30.5 m27.3 m28.6 m51.4 m63.4 m71.9 m68.8 m64 m46.4 m

Inventories

28.3 m27.6 m20.3 m17.8 m18.9 m48.2 m69.3 m65.9 m65 m58 m63.1 m

Current Assets

99.8 m112.4 m119.8 m110.6 m117.7 m183 m170.2 m203.3 m197.2 m213.3 m220.8 m
USDFY, 2013FY, 2014FY, 2016

Net Income

26 m1.5 m

Accounts Receivable

(9.4 m)726 k(25.2 m)

Inventories

(2.2 m)3.9 m750 k

Accounts Payable

8.9 m1.9 m9.3 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

8.1 m12.9 m(3.5 m)(18.1 m)5.1 m

Accounts Receivable

(1.3 m)(16.1 m)(7.7 m)4.9 m7.3 m6 m(6 m)(2.3 m)(10.9 m)(7.8 m)22.3 m39.8 m

Inventories

2.5 m(5 m)(4.2 m)2.4 m709 k(321 k)(205 k)(8.4 m)(5.1 m)(4.2 m)(61 k)(3.3 m)

Accounts Payable

3.1 m5.4 m5.3 m(2 m)(832 k)(1.1 m)(9 m)416 k(3.8 m)(2.8 m)(8.2 m)(14.3 m)
Y, 2017

EV/EBIT

-42.7 x

EV/CFO

20.1 x

Financial Leverage

1.7 x
Show all financial metrics

Pacific Ethanol Market Value History

Pacific Ethanol's Web-traffic and Trends

Pacific Ethanol Online and Social Media Presence

Pacific Ethanol Company Life and Culture

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