Business Summary
John B. Sanfilippo & Son, Inc., together with its subsidiaries, processes and distributes peanuts and tree nuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts. It provides nut products in various styles and seasonings comprising non-blanched, blanched, oil roasted, dry roasted, salted, unsalted, honey roasted, flavored, spicy, chocolate and yogurt coated, butter toffee, praline, and cinnamon toasted. The company also offers peanut butter in various sizes and varieties; food and snack products, such as snack mixes, salad toppings, snacks, nut clusters, trail mixes, dried fruit, and chocolate and yogurt coated products; baking ingredients; bulk food products; sunflower kernels, almond butter, candy and confections, dried fruit, corn snacks, sesame sticks, and other sesame snack products; and various toppings for ice cream and yogurt. In addition, it operates a retail store. The company provides its products under various private brands; and under the Fisher, Orchard Valley Harvest, Fisher Nut Exactly, and Sunshine Country brand names. It serves retailers and wholesalers, and commercial ingredient and contract packaging customers, as well as international customers in the retail and commercial ingredient markets through a network of independent brokers, distributors, and suppliers; and through consumer, commercial ingredient, contract packaging, and export distribution channels, as well as through its own sales department. The company was founded in 1959 and is headquartered in Elgin, Illinois.
Valuation Measures
Market Cap |
579.01M |
Enterprise Value |
691.17M |
Trailing P/E |
21.22 |
Price/Sales (ttm) |
0.68 |
Price/Book (mrq) |
2.52 |
Enterprise Value/Revenue (ttm) |
0.80 |
Enterprise Value/EBITDA (ttm) |
11.03 |
Share Statistics
Avg Vol (3 month) |
62,005 |
Avg Vol (10 day) |
65,788 |
Shares Outstanding |
8.54M |
Float |
8.34M |
% Held by Insiders1 |
1.68% |
% Held by Institutions1 |
76.70% |
Shares Short (as of Nov 14, 2014) |
297.72K |
Return on Assets (ttm) |
6.71% |
Return on Equity (ttm) |
12.08% |
Fiscal Year Ends |
Jun-15 |
Most Recent Quarter (mrq) |
Mar-15 |
Estimates
Estimates |
Current Year |
Next Year |
|
Jun-15 |
Jun-15 |
Earnings Est |
2.59 |
3.36 |
Revenue Est |
882.50M |
917.76M |
Key Executives
0 |
Mr. Jeffrey T. Sanfilippo , 52 |
1 |
Chairman and Chief Exec. Officer |
2 |
Mr. Michael J. Valentine , 56 |
3 |
Group Pres, Chief Financial Officer, Sec. and Director |
4 |
Mr. Jasper B. Sanfilippo Jr., 47 |
5 |
Pres, Chief Operating Officer, Assistant Sec. and Director |
6 |
Mr. James A. Valentine , 51 |
7 |
Chief Information Officer and Member of Risk Assessment Committee |
8 |
Mr. Walter R. Tankersley Jr., 63 |
9 |
Sr. VP of Procurement & Commodity Risk Management |
Income statement (Annual)
Period Ending |
29.09.2012 |
28.09.2013 |
27.09.2014 |
Total Revenue |
700,575 |
734,334 |
778,622 |
Cost of Revenue |
593,521 |
614,372 |
655,757 |
Gross Profit |
107,054 |
119,962 |
122,865 |
Operating Expenses |
- |
- |
- |
Research Development |
74,081 |
78,343 |
77,510 |
Selling General and Administrative |
- |
- |
- |
Non Recurring |
- |
- |
- |
Others |
0 |
0 |
0 |
Total Operating Expenses |
- |
- |
- |
Operating Income or Loss |
32,973 |
41,619 |
46,996 |
Income from Continuing Operations |
|
|
|
Total Other Income/Expenses Net |
-1,388 |
-1,569 |
-1,169 |
Earnings Before Interest And Taxes |
31,585 |
40,050 |
44,186 |
Interest Expense |
5,364 |
4,754 |
4,354 |
Income Before Tax |
26,221 |
35,296 |
39,832 |
Income Tax Expense |
9,099 |
13,536 |
13,545 |
Minority Interest |
- |
- |
- |
Net Income From Continuing Ops |
17,122 |
21,760 |
26,287 |
Non-recurring Events |
|
|
|
Discontinued Operations |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
Effect Of Accounting Changes |
- |
- |
- |
Other Items |
- |
- |
- |
Net Income |
17,122 |
21,760 |
26,287 |
Preferred Stock And Other Adjustments |
- |
- |
- |
Net Income Applicable To Common Shares |
17,122 |
21,760 |
26,287 |
Income statement (Quarterly)
Period Ending |
27.09.2014 |
27.12.2014 |
28.03.2015 |
27.06.2015 |
Total Revenue |
202,520 |
205,037 |
251,373 |
209,396 |
Cost of Revenue |
168,771 |
174,353 |
214,130 |
179,612 |
Gross Profit |
33,749 |
30,684 |
37,243 |
29,784 |
Operating Expenses |
|
|
|
|
Research Development |
- |
- |
- |
- |
Selling General and Administrative |
21,613 |
18,671 |
22,565 |
18,287 |
Non Recurring |
- |
- |
- |
- |
Others |
- |
- |
- |
- |
Total Operating Expenses |
- |
- |
- |
- |
Operating Income or Loss |
12,136 |
12,013 |
14,678 |
11,497 |
Income from Continuing Operations |
|
|
|
|
Total Other Income/Expenses Net |
-1,033 |
-1,910 |
-548 |
-372 |
Earnings Before Interest And Taxes |
11,103 |
10,103 |
14,130 |
11,125 |
Interest Expense |
1,129 |
990 |
877 |
1,028 |
Income Before Tax |
9,974 |
9,113 |
13,253 |
10,097 |
Income Tax Expense |
3,367 |
3,198 |
4,850 |
3,579 |
Minority Interest |
- |
- |
- |
- |
Net Income From Continuing Ops |
6,607 |
5,915 |
8,403 |
6,518 |
Non-recurring Events |
|
|
|
|
Discontinued Operations |
- |
- |
- |
- |
Extraordinary Items |
- |
- |
- |
- |
Effect Of Accounting Changes |
- |
- |
- |
- |
Other Items |
- |
- |
- |
- |
Net Income |
6,607 |
5,915 |
8,403 |
6,518 |
Preferred Stock And Other Adjustments |
- |
- |
- |
- |
Net Income Applicable To Common Shares |
6,607 |
5,915 |
8,403 |
6,518 |
Peer Comparison
|
AAPL |
BBRY |
GOOG |
HPQ |
Industry |
Market Cap |
579.01M |
1.02B |
52.23B |
576.01M |
0 |
Employees |
1,300 |
1,731 |
N/A |
3.10K |
0 |
Qtrly Rev Growth (yoy) |
20.0% |
-3.0% |
N/A |
8.0% |
0.0% |
Revenue (ttm) |
868.33M |
881.42M |
N/A |
1.29B |
0 |
Gross Margin (ttm) |
15.0% |
25.0% |
N/A |
31.0% |
0.0% |
EBITDA (ttm) |
62.68M |
93.62M |
N/A |
183.96M |
0 |
Operating Margin (ttm) |
5.0% |
7.0% |
N/A |
7.0% |
0.0% |
Net Income (ttm) |
27.44M |
23.05M |
N/A |
N/A |
0 |
EPS (ttm) |
2.45 |
0.73 |
1.61 |
0.83 |
0 |
P/E (ttm) |
21.22 |
44.26 |
54.95 |
26.67 |
0 |
PEG (5 yr expected) |
N/A |
0.93 |
N/A |
2.71 |
0 |
P/S (ttm) |
0.68 |
1.15 |
N/A |
1.18 |
0 |
Upcoming Events
Date |
Event |
No Upcoming Events |
0 |
Recent Events
Date |
Event |
4/29/2015 |
SANFILIPPO JOHN B & SON INC Files SEC form 10-Q, Quarterly Report |
4/27/2015 |
SANFILIPPO JOHN B & SON INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a |
1/28/2015 |
SANFILIPPO JOHN B & SON INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a |
1/9/2015 |
SANFILIPPO JOHN B & SON INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits |
11/19/2014 |
SANFILIPPO JOHN B & SON INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits |
11/3/2014 |
SANFILIPPO JOHN B & SON INC Files SEC form 8-K/A, Submission of Matters to a Vote of Security Holders |
10/31/2014 |
SANFILIPPO JOHN B & SON INC Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a |
10/29/2014 |
SANFILIPPO JOHN B & SON INC Files SEC form 10-Q, Quarterly Report |
Major Direct Holders
Major Direct Holders |
Shares |
Reported |
DONOVAN TIMOTHY R |
19,146 |
Dec-14 |
CANNON MICHAEL G |
21,028 |
Dec-14 |
VALENTINE MICHAEL J |
28,508 |
Nov-14 |
TANKERSLEY WALTER R |
25,270 |
Jun-15 |
FORDONSKI THOMAS J |
22,947 |
Nov-14 |
Top Institutional Holders
Top Institutional Holders |
Shares |
% Out |
Value* |
Reported |
Dimensional Fund Advisors LP |
723,513 |
8.47 |
31,183,408 |
Mar-15 |
Renaissance Technologies, LLC |
326,700 |
3.83 |
14,080,769 |
Mar-15 |
BlackRock Institutional Trust Company, N.A. |
309,395 |
3.62 |
13,334,923 |
Mar-15 |
Vanguard Group, Inc. (The) |
300,510 |
3.52 |
12,951,980 |
Mar-15 |
Lsv Asset Management |
289,351 |
3.39 |
12,471,027 |
Mar-15 |
Acadian Asset Management |
289,605 |
3.39 |
12,481,974 |
Mar-15 |
BlackRock Fund Advisors |
225,317 |
2.64 |
9,711,162 |
Mar-15 |
Perritt Capital Management, Inc. |
208,804 |
2.45 |
8,999,451 |
Mar-15 |
Morgan Stanley |
205,798 |
2.41 |
8,869,893 |
Mar-15 |
Franklin Resources, Inc |
192,000 |
2.25 |
8,275,199 |
Mar-15 |
Balance sheet (Annual)
Period Ending |
29.09.2012 |
28.09.2013 |
27.09.2014 |
Cash And Cash Equivalents |
2,459 |
834 |
1,884 |
Short Term Investments |
- |
- |
- |
Net Receivables |
54,690 |
53,232 |
59,284 |
Inventory |
146,384 |
158,706 |
182,830 |
Other Current Assets |
3,284 |
11,018 |
5,376 |
Total Current Assets |
206,817 |
223,790 |
249,374 |
Long Term Investments |
- |
- |
- |
Property Plant and Equipment |
146,711 |
133,847 |
130,454 |
Goodwill |
- |
- |
- |
Intangible Assets |
10,944 |
7,875 |
5,246 |
Accumulated Amortization |
- |
- |
- |
Other Assets |
7,255 |
8,405 |
8,811 |
Deferred Long Term Asset Charges |
- |
827 |
726 |
|
|
|
|
Total Assets |
371,727 |
374,744 |
394,611 |
|
|
|
|
Liabilities |
|
|
|
Current Liabilities |
|
|
|
Accounts Payable |
59,188 |
67,189 |
65,926 |
Short/Current Long Term Debt |
58,572 |
40,557 |
43,891 |
Other Current Liabilities |
1,947 |
1,052 |
2,414 |
Total Current Liabilities |
119,707 |
108,798 |
112,231 |
Long Term Debt |
36,206 |
33,665 |
35,666 |
Other Liabilities |
14,341 |
16,977 |
19,887 |
Deferred Long Term Liability Charges |
460 |
- |
- |
Minority Interest |
- |
- |
- |
Negative Goodwill |
- |
- |
- |
|
|
|
|
Total Liabilities |
170,714 |
159,440 |
167,784 |
|
|
|
|
Stockholders' Equity |
|
|
|
Misc Stocks Options Warrants |
- |
- |
- |
Redeemable Preferred Stock |
- |
- |
- |
Preferred Stock |
- |
- |
- |
Common Stock |
109 |
110 |
111 |
Retained Earnings |
102,559 |
113,430 |
123,118 |
Treasury Stock |
-1,204 |
-1,204 |
-1,204 |
Capital Surplus |
103,876 |
106,132 |
108,305 |
Other Stockholder Equity |
-4,327 |
-3,164 |
-3,503 |
Total Stockholder Equity |
201,013 |
215,304 |
226,827 |
|
|
|
|
Net Tangible Assets |
190,069 |
207,429 |
221,581 |
Balance sheet (Quarterly)
Period Ending |
27.09.2014 |
27.12.2014 |
28.03.2015 |
27.06.2015 |
Cash And Cash Equivalents |
1,884 |
1,705 |
4,359 |
2,064 |
Short Term Investments |
- |
- |
- |
- |
Net Receivables |
59,284 |
66,290 |
68,276 |
70,143 |
Inventory |
182,830 |
171,439 |
221,938 |
228,377 |
Other Current Assets |
5,376 |
2,500 |
6,319 |
7,959 |
Total Current Assets |
249,374 |
241,934 |
300,892 |
308,543 |
Long Term Investments |
- |
- |
- |
- |
Property Plant and Equipment |
130,454 |
132,451 |
132,033 |
131,793 |
Goodwill |
- |
- |
- |
- |
Intangible Assets |
5,246 |
4,704 |
4,161 |
3,618 |
Accumulated Amortization |
- |
- |
- |
- |
Other Assets |
8,811 |
8,713 |
8,816 |
10,226 |
Deferred Long Term Asset Charges |
726 |
1,136 |
1,390 |
932 |
|
|
|
|
|
Total Assets |
394,611 |
388,938 |
447,292 |
455,112 |
|
|
|
|
|
Liabilities |
|
|
|
|
Current Liabilities |
|
|
|
|
Accounts Payable |
65,926 |
76,634 |
129,813 |
82,791 |
Short/Current Long Term Debt |
43,891 |
23,151 |
32,832 |
77,983 |
Other Current Liabilities |
2,414 |
802 |
3,809 |
6,112 |
Total Current Liabilities |
112,231 |
100,587 |
166,454 |
166,886 |
Long Term Debt |
35,666 |
34,825 |
33,982 |
33,137 |
Other Liabilities |
19,887 |
20,047 |
20,360 |
21,176 |
Deferred Long Term Liability Charges |
- |
- |
- |
- |
Minority Interest |
- |
- |
- |
- |
Negative Goodwill |
- |
- |
- |
- |
|
|
|
|
|
Total Liabilities |
167,784 |
155,459 |
220,796 |
221,199 |
|
|
|
|
|
Stockholders' Equity |
|
|
|
|
Misc Stocks Options Warrants |
- |
- |
- |
- |
Redeemable Preferred Stock |
- |
- |
- |
- |
Preferred Stock |
- |
- |
- |
- |
Common Stock |
111 |
111 |
112 |
113 |
Retained Earnings |
123,118 |
129,033 |
120,677 |
127,195 |
Treasury Stock |
-1,204 |
-1,204 |
-1,204 |
-1,204 |
Capital Surplus |
108,305 |
108,899 |
110,127 |
110,881 |
Other Stockholder Equity |
-3,503 |
-3,360 |
-3,216 |
-3,072 |
Total Stockholder Equity |
226,827 |
233,479 |
226,496 |
233,913 |
|
|
|
|
|
Net Tangible Assets |
221,581 |
228,775 |
222,335 |
230,295 |
Address
company |
1703 North Randall Road |
address |
Elgin, IL 60123 |
city_state_zip |
United States - Map |
phone |
Fax: 847-289-1843 |
Business Summary
John B. Sanfilippo & Son, Inc., together with its subsidiaries, processes and distributes peanuts and tree nuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts. It provides nut products in various styles and seasonings comprising non-blanched, blanched, oil roasted, dry roasted, salted, unsalted, honey roasted, flavored, spicy, chocolate and yogurt coated, butter toffee, praline, and cinnamon toasted. The company also offers peanut butter in various sizes and varieties; food and snack products, such as snack mixes, salad toppings, snacks, nut clusters, trail mixes, dried fruit, and chocolate and yogurt coated products; baking ingredients; bulk food products; sunflower kernels, almond butter, candy and confections, dried fruit, corn snacks, sesame sticks, and other sesame snack products; and various toppings for ice cream and yogurt. In addition, it operates a retail store. The company provides its products under various private brands; and under the Fisher, Orchard Valley Harvest, Fisher Nut Exactly, and Sunshine Country brand names. It serves retailers and wholesalers, and commercial ingredient and contract packaging customers, as well as international customers in the retail and commercial ingredient markets through a network of independent brokers, distributors, and suppliers; and through consumer, commercial ingredient, contract packaging, and export distribution channels, as well as through its own sales department. The company was founded in 1959 and is headquartered in Elgin, Illinois.