Post Holdings Financials

$5.2 B

Revenue FY, 2017

$5.5 B

Mkt cap, 13-Dec-2017
Gross profit (FY, 2017)1.6 B
Gross profit margin (FY, 2017), %30%
Net income (FY, 2017)48.3 M
EBIT (FY, 2017)520.3 M
Cash, 30-Sep-20171.5 B
EV11.1 B

Market Value

Revenue/Financials

Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

2.4 b4.6 b5 b5.2 b

Revenue growth, %

93%8%

Cost of goods sold

3.5 b3.5 b3.7 b

Gross profit

1.2 b1.5 b1.6 b

Gross profit Margin, %

25%31%30%

General and administrative expense

867.4 m

Operating expense total

867.4 m

Depreciation and amortization

159.1 m

EBIT

212.7 m545.7 m520.3 m

EBIT margin, %

5%11%10%

Interest expense

287.5 m306.5 m314.8 m

Pre tax profit

(167.3 m)(30.1 m)

Income tax expense

(52 m)(26.8 m)26.1 m

Net Income

(3.3 m)48.3 m

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

297 m438 m633 m1.1 b1.1 b1.2 b1.2 b1.3 b1.2 b1.2 b1.3 b1.3 b

Cost of goods sold

182.5 m308.6 m484.4 m824.8 m777.2 m895.3 m886.3 m861.8 m847.9 m870.6 m891.3 m878.4 m

Gross profit

114.5 m129.4 m148.6 m249.1 m275.5 m316.5 m362.5 m409.3 m398.2 m379.2 m364.1 m393.7 m

Gross profit Margin, %

39%30%23%23%26%26%29%32%32%30%29%31%

General and administrative expense

83 m104.8 m120.3 m166 m173.7 m193.3 m187 m205.6 m216 m264.1 m187.3 m164.2 m

Operating expense total

83 m104.8 m120.3 m166 m173.7 m193.3 m187 m205.6 m216 m264.1 m187.3 m164.2 m

EBIT

8 m40.9 m49.7 m81.3 m132.9 m162.5 m142 m76.2 m137.5 m190.5 m

EBIT margin, %

1%4%5%7%11%13%11%6%11%15%

Interest expense

29 m37.3 m57 m60.1 m59.8 m65 m77.8 m77.2 m77.3 m72.9 m80.2 m76.5 m

Pre tax profit

(3.8 m)(37.6 m)(55.8 m)(73.8 m)(38.9 m)(5.6 m)(4.2 m)(91.6 m)

Income tax expense

(1.4 m)(19.3 m)(20.7 m)23.5 m(69.4 m)34.2 m13.7 m(10.5 m)(1.2 m)50.2 m(200 k)(32.1 m)

Net Income

(2.4 m)(97.3 m)30.5 m24 m25.5 m4.9 m3.3 m97.6 m

Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

402 m268.4 m841.4 m1.1 b1.5 b

Accounts Receivable

14.3 m

Inventories

121.9 m380.7 m465.3 m503.1 m573.5 m

Current Assets

668.1 m1.2 b1.8 b2.1 b2.6 b

PP&E

388.5 m

Goodwill

1.5 b2.9 b3.1 b3.1 b4 b

Total Assets

3.5 b7.7 b9.2 b9.4 b11.9 b

Accounts Payable

77.1 m225 m265.2 m264.4 m336 m

Short-term debt

25.6 m16 m12.3 m22.1 m

Current Liabilities

146 m519.9 m611 m634 m704.4 m

Long-term debt

3.8 b4.5 b4.6 b7.1 b

Total Debt

3.9 b4.5 b4.6 b7.2 b

Total Liabilities

6.4 b9.1 b

Common Stock

500 k

Preferred Stock

100 k

Additional Paid-in Capital

1.5 b2.7 b3.5 b3.5 b3.6 b

Retained Earnings

47.6 m(305.7 m)(421 m)(424.3 m)(376 m)

Total Equity

1.5 b2.3 b3 b3 b2.8 b

Debt to Equity Ratio

1.7 x1.5 x1.5 x

Debt to Assets Ratio

0.5 x0.5 x0.5 x

Financial Leverage

2.3 x3.4 x3.1 x3.1 x4.3 x

    Quarterly

    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Cash

    884.9 m377.3 m176.7 m579 m274.3 m802.4 m868.2 m1 b869.1 m1.5 b2.5 b

    Inventories

    120.8 m391.2 m436.5 m461.9 m491.3 m487.2 m491.5 m508.6 m513.4 m513 m526.6 m

    Current Assets

    1.1 b1.2 b1.1 b1.5 b1.3 b1.7 b1.8 b2 b1.8 b2.5 b3.5 b

    Goodwill

    1.5 b1.9 b3.1 b2.9 b2.9 b3.1 b3.1 b3.1 b3.1 b3.1 b3.1 b3.1 b

    Total Assets

    4.3 b5.2 b8 b7.7 b8 b8.9 b9.2 b9.2 b9.3 b9.2 b9.8 b10.8 b

    Accounts Payable

    56.8 m195.2 m231.8 m229.3 m258.2 m233.4 m224.3 m227.8 m235 m210.3 m214.8 m

    Short-term debt

    25.7 m24.7 m24.9 m32.1 m16.2 m15.7 m15.9 m8.8 m4.5 m22.7 m

    Current Liabilities

    151.1 m468.3 m584.7 m537.1 m585.6 m564.4 m556.6 m613.9 m542.2 m456.4 m547.3 m

    Long-term debt

    3.8 b3.8 b3.8 b4.5 b4.5 b4.5 b4.5 b4.6 b5.3 b6.4 b

    Total Debt

    3.9 b3.8 b3.8 b4.5 b4.5 b4.5 b4.5 b4.6 b5.3 b6.4 b

    Total Liabilities

    2.5 b3.1 b5.4 b5.5 b5.5 b6.2 b6.2 b6.2 b6.3 b6.2 b6.8 b8.1 b

    Common Stock

    300 k400 k500 k500 k500 k600 k700 k700 k700 k700 k700 k700 k

    Preferred Stock

    100 k100 k100 k100 k100 k100 k

    Additional Paid-in Capital

    1.8 b2.1 b2.7 b2.7 b3 b3.1 b3.5 b3.5 b3.5 b3.6 b3.6 b3.6 b

    Retained Earnings

    42.9 m21 m(18.4 m)(403 m)(372.5 m)(348.5 m)(395.5 m)(390.6 m)(387.3 m)(326.7 m)(330.7 m)(390.2 m)

    Total Equity

    1.8 b2.1 b2.6 b2.2 b2.7 b3 b3 b3 b3 b3 b2.8 b

    Financial Leverage

    2.4 x2.5 x3.1 x3.6 x3.3 x3.1 x3.1 x3.1 x3.1 x3.3 x3.9 x

      Cash Flow

      Annual

      USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

      Net Income

      (3.3 m)48.3 m

      Depreciation and Amortization

      141.7 m152.6 m159.1 m

      Inventories

      573.5 m

      Accounts Payable

      336 m

      Cash From Operating Activities

      119.2 m183.1 m451.6 m502.4 m386.7 m

      Cash From Investing Activities

      (423.8 m)(3.8 b)(1.2 b)(196.1 m)(2.1 b)

      Long-term Borrowings

      (170.6 m)(6.9 m)(1.2 b)(1.6 b)(2.1 b)

      Cash From Financing Activities

      648.8 m3.5 b1.4 b(4.5 m)2.1 b

        Quarterly

        USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

        Net Income

        (2.4 m)(97.3 m)30.5 m24 m25.5 m4.9 m3.3 m97.6 m

        Depreciation and Amortization

        21.1 m51.2 m93.9 m63.1 m33.7 m36.7 m38.1 m38.1 m38.2 m38.9 m39 m

        Inventories

        491.3 m487.2 m491.5 m508.6 m513.4 m513 m

        Accounts Payable

        258.2 m233.4 m224.3 m227.8 m235 m210.3 m

        Cash From Operating Activities

        24.9 m18.5 m74.5 m57.2 m

        Cash From Investing Activities

        (345.7 m)(1.1 b)(3.6 b)(136.7 m)

        Long-term Borrowings

        (6.7 m)

        Cash From Financing Activities

        804.6 m1.5 b3.5 b(11.6 m)

          Ratios

          USDY, 2017

          EV/EBIT

          21.4 x

          EV/CFO

          28.7 x

          Revenue/Employee

          600.7 k

          Financial Leverage

          4.3 x