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Central Garden & Pet

DB:GP7A
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GP7A
DB
$2B
Market Cap
  1. Home
  2. DE
  3. Household
Company description

Central Garden & Pet Company, together with its subsidiaries, produces and distributes products for the lawn and garden, and pet supplies markets in the United States. The last earnings update was 111 days ago. More info.


Add to Portfolio Compare Print
  • Central Garden & Pet has significant price volatility in the past 3 months.
GP7A Share Price and Events
7 Day Returns
-2.2%
DB:GP7A
0.4%
Europe Household Products
-0.4%
DE Market
1 Year Returns
7.8%
DB:GP7A
-2.9%
Europe Household Products
10.4%
DE Market
GP7A Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Central Garden & Pet (GP7A) -2.2% 7.3% 26.3% 7.8% 0.1% 290.4%
Europe Household Products 0.4% 1.4% 2.3% -2.9% -13.4% 10.5%
DE Market -0.4% 3% 11.1% 10.4% 13.8% 15.7%
1 Year Return vs Industry and Market
  • GP7A outperformed the Household Products industry which returned -2.9% over the past year.
  • GP7A underperformed the Market in Germany which returned 10.4% over the past year.
Price Volatility
GP7A
Industry
5yr Volatility vs Market

GP7A Value

 Is Central Garden & Pet undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Central Garden & Pet to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Central Garden & Pet.

DB:GP7A Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:GP7A
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Household Products Unlevered Beta Simply Wall St/ S&P Global 0.37
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.373 (1 + (1- 21%) (40.28%))
0.66
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.8 * 5.96%)
5%

Discounted Cash Flow Calculation for DB:GP7A using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Central Garden & Pet is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:GP7A DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 5%)
2020 125.00 Analyst x1 119.05
2021 98.00 Analyst x1 88.90
2022 85.62 Est @ -12.63% 73.97
2023 78.11 Est @ -8.78% 64.27
2024 73.36 Est @ -6.07% 57.49
2025 70.29 Est @ -4.18% 52.46
2026 68.28 Est @ -2.86% 48.54
2027 66.96 Est @ -1.93% 45.34
2028 66.10 Est @ -1.29% 42.62
2029 65.55 Est @ -0.83% 40.26
Present value of next 10 years cash flows $632.00
DB:GP7A DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $65.55 × (1 + 0.23%) ÷ (5% – 0.23%)
$1,377.95
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,377.95 ÷ (1 + 5%)10
$846.26
DB:GP7A Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $632.00 + $846.26
$1,478.26
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,478.26 / 57.76
$25.59
DB:GP7A Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:GP7A represents 0.84887x of NasdaqGS:CENT
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.84887x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 25.59 x 0.84887
€21.73
Value per share (EUR) From above. €21.73
Current discount Discount to share price of €26.40
= -1 x (€26.40 - €21.73) / €21.73
-21.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Central Garden & Pet is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Central Garden & Pet's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Central Garden & Pet's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:GP7A PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-29) in USD $1.79
NasdaqGS:CENT Share Price ** NasdaqGS (2019-11-21) in USD $31.1
Europe Household Products Industry PE Ratio Median Figure of 5 Publicly-Listed Household Products Companies 18.31x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 19.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Central Garden & Pet.

DB:GP7A PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:CENT Share Price ÷ EPS (both in USD)

= 31.1 ÷ 1.79

17.34x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Central Garden & Pet is good value based on earnings compared to the Europe Household Products industry average.
  • Central Garden & Pet is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Central Garden & Pet's expected growth come at a high price?
Raw Data
DB:GP7A PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
7.6%per year
Europe Household Products Industry PEG Ratio Median Figure of 5 Publicly-Listed Household Products Companies 1.89x
Germany Market PEG Ratio Median Figure of 259 Publicly-Listed Companies 1.33x

*Line of best fit is calculated by linear regression .

DB:GP7A PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.34x ÷ 7.6%

2.27x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Central Garden & Pet is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Central Garden & Pet's assets?
Raw Data
DB:GP7A PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-29) in USD $17.86
NasdaqGS:CENT Share Price * NasdaqGS (2019-11-21) in USD $31.1
Europe Household Products Industry PB Ratio Median Figure of 10 Publicly-Listed Household Products Companies 2.07x
Germany Market PB Ratio Median Figure of 578 Publicly-Listed Companies 1.88x
DB:GP7A PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:CENT Share Price ÷ Book Value per Share (both in USD)

= 31.1 ÷ 17.86

1.74x

* Primary Listing of Central Garden & Pet.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Central Garden & Pet is good value based on assets compared to the Europe Household Products industry average.
X
Value checks
We assess Central Garden & Pet's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Household Products industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Household Products industry average (and greater than 0)? (1 check)
  5. Central Garden & Pet has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

GP7A Future Performance

 How is Central Garden & Pet expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Central Garden & Pet expected to grow at an attractive rate?
  • Central Garden & Pet's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Central Garden & Pet's earnings growth is positive but not above the Germany market average.
  • Central Garden & Pet's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:GP7A Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:GP7A Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 7.6%
DB:GP7A Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 2.5%
Europe Household Products Industry Earnings Growth Rate Market Cap Weighted Average 6.8%
Europe Household Products Industry Revenue Growth Rate Market Cap Weighted Average 2.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:GP7A Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:GP7A Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-09-30 2,473 143 2
2020-09-30 2,437 170 110 5
2019-11-21
2019-09-30 2,363 210 100 5
DB:GP7A Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-29 2,345 189 101
2019-03-30 2,296 129 96
2018-12-29 2,235 145 99
2018-09-29 2,215 114 124
2018-06-30 2,204 89 117
2018-03-31 2,120 117 108
2017-12-30 2,077 103 97
2017-09-30 2,054 114 79
2017-06-24 1,977 104 69
2017-03-25 1,917 106 63
2016-12-24 1,889 139 61
2016-09-24 1,829 151 45

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Central Garden & Pet's earnings are expected to grow by 7.6% yearly, however this is not considered high growth (20% yearly).
  • Central Garden & Pet's revenue is expected to grow by 2.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:GP7A Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Central Garden & Pet Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:GP7A Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-09-30
2020-09-30 1.94 1.98 1.90 2.00
2019-11-21
2019-09-30 1.73 1.73 1.73 2.00
DB:GP7A Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-29 1.79
2019-03-30 1.76
2018-12-29 1.86
2018-09-29 2.39
2018-06-30 2.31
2018-03-31 2.13
2017-12-30 1.93
2017-09-30 1.57
2017-06-24 1.38
2017-03-25 1.27
2016-12-24 1.23
2016-09-24 0.91

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Central Garden & Pet is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Central Garden & Pet's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Central Garden & Pet has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

GP7A Past Performance

  How has Central Garden & Pet performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Central Garden & Pet's growth in the last year to its industry (Household Products).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Central Garden & Pet has delivered over 20% year on year earnings growth in the past 5 years.
  • Central Garden & Pet's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Central Garden & Pet's 1-year earnings growth is negative, it can't be compared to the Europe Household Products industry average.
Earnings and Revenue History
Central Garden & Pet's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Central Garden & Pet Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:GP7A Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-29 2,344.58 100.91 538.98
2019-03-30 2,295.95 96.31 530.21
2018-12-29 2,235.34 99.15 517.53
2018-09-29 2,215.36 123.59 508.04
2018-06-30 2,203.51 117.29 499.18
2018-03-31 2,120.16 107.99 489.17
2017-12-30 2,076.99 97.44 480.67
2017-09-30 2,054.48 78.83 476.45
2017-06-24 1,977.43 68.96 453.15
2017-03-25 1,917.38 62.74 442.84
2016-12-24 1,888.70 60.75 436.00
2016-09-24 1,829.02 44.51 424.23
2016-06-25 1,801.97 45.76 418.24
2016-03-26 1,746.88 38.53 403.36
2015-12-26 1,703.23 29.07 393.52
2015-09-26 1,650.74 31.97 389.35
2015-06-27 1,638.61 32.27 390.29
2015-03-28 1,617.15 18.16 387.95
2014-12-27 1,621.16 15.82 390.68
2014-09-27 1,604.36 8.80 391.94
2014-06-28 1,598.96 -9.71 391.61
2014-03-29 1,655.10 -0.67 410.46
2013-12-28 1,651.66 0.63 414.04
2013-09-28 1,653.63 -1.93 416.04
2013-06-29 1,682.03 10.59 429.61
2013-03-30 1,721.71 19.57 441.75
2012-12-29 1,690.44 18.99 437.82

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Central Garden & Pet has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Central Garden & Pet used its assets less efficiently than the Europe Household Products industry average last year based on Return on Assets.
  • Central Garden & Pet's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Central Garden & Pet's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Household Products industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Central Garden & Pet has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

GP7A Health

 How is Central Garden & Pet's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Central Garden & Pet's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Central Garden & Pet is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Central Garden & Pet's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Central Garden & Pet's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Central Garden & Pet Company Filings, last reported 4 months ago.

DB:GP7A Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-29 1,034.32 693.06 445.75
2019-03-30 999.30 697.77 329.72
2018-12-29 956.48 692.45 478.74
2018-09-29 952.83 692.15 482.11
2018-06-30 744.72 691.86 204.39
2018-03-31 705.10 691.10 132.27
2017-12-30 661.95 691.34 283.47
2017-09-30 637.14 395.65 32.40
2017-06-24 629.01 435.45 14.47
2017-03-25 594.49 496.24 6.17
2016-12-24 559.96 395.41 6.58
2016-09-24 554.59 395.27 92.98
2016-06-25 557.94 395.13 40.00
2016-03-26 532.94 496.99 9.83
2015-12-26 498.88 436.19 9.01
2015-09-26 506.38 396.98 47.58
2015-06-27 511.41 400.17 43.84
2015-03-28 489.98 515.21 11.94
2014-12-27 474.86 450.20 89.58
2014-09-27 486.45 450.24 88.67
2014-06-28 492.93 450.29 46.07
2014-03-29 485.50 545.34 30.97
2013-12-28 458.50 449.54 30.93
2013-09-28 470.02 472.59 32.98
2013-06-29 491.63 509.64 38.30
2013-03-30 475.63 593.70 29.10
2012-12-29 450.29 450.76 30.41
  • Central Garden & Pet's level of debt (67%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (91.4% vs 67% today).
  • Debt is well covered by operating cash flow (27.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.8x coverage).
X
Financial health checks
We assess Central Garden & Pet's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Central Garden & Pet has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

GP7A Dividends

 What is Central Garden & Pet's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Central Garden & Pet dividends. Estimated to be 0% next year.
If you bought €2,000 of Central Garden & Pet shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Central Garden & Pet's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Central Garden & Pet's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:GP7A Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Europe Household Products Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2.4%
Germany Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:GP7A Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-09-30
2020-09-30 0.00 1.00
2019-11-21
2019-09-30 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Central Garden & Pet has not reported any payouts.
  • Unable to verify if Central Garden & Pet's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Central Garden & Pet's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Central Garden & Pet has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Central Garden & Pet's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Central Garden & Pet's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Central Garden & Pet afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Central Garden & Pet has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

GP7A Management

 What is the CEO of Central Garden & Pet's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tim Cofer
AGE 50
TENURE AS CEO 0.1 years
CEO Bio

Mr. Timothy P. Cofer, also known as Tim, has been the Chief Executive officer of Central Garden & Pet Company since October 2019 and has been its Director since September 28, 2019. Mr. Cofer served as the Chief Growth Officer and Executive Vice President at Mondelez International, Inc. since November 2017 until August 31, 2019. Mr. Cofer served as Vice President of Mondelez International, Inc. Mr. Cofer served as an Executive Vice President at Mondelez International, Inc. since January 2016 and served as its Interim President of The North American Business since May 01, 2017 until November 26, 2017. Mr. Cofer served as President of Asia Pacific, Eastern Europe, Middle East & Africa of Mondelez International, Inc. since September 16, 2013. Mr. Cofer served as the President of Europe Division at Mondelez International until September 2013. He has experience in multiple categories and geographies, including intimate knowledge of European and global chocolate businesses. He served as the President of Asia Pacific & Eastern Europe at Mondelez International, Inc. Mr. Cofer served as the President of Kraft Foods Europe GmbH at Mondelez International, Inc. since August 2011. He served as the President at Kraft Pizza Company, Inc. from 2008 to 2010. He began his career with Mondelez in 1992 and has progressed through a number of marketing, strategy and general management roles of increasing responsibility. He held strategic responsibility for Mondelez's $9+ billion chocolate business as Senior Vice President, Global Chocolate Category Team. Prior to this, Mr. Cofer served as Senior Vice President of Strategy and Integration at Mondelez, leading the global integration team following the acquisition of Cadbury in early 2010. He was the Architect of Kraft Foods's European chocolate category model from 2003 to 2006. His career has also included successful tenures leading the Oscar Mayer business since 2007, where he delivered significant revenue growth, margin expansion and consistent market share gains. He is a talented and highly successful leader. Mr. Cofer earned his MBA from the University of Minnesota and his Bachelor's Degree in Economics and Political Science from St. Olaf College, Minnesota, graduating Phi Beta Kappa and Magna Cum Laude.

CEO Compensation
  • Insufficient data for Tim to compare compensation growth.
  • Insufficient data for Tim to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Central Garden & Pet management team in years:

5.6
Average Tenure
61.5
Average Age
  • The average tenure for the Central Garden & Pet management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Niko Lahanas

TITLE
Chief Financial Officer
COMPENSATION
$534K
AGE
50
TENURE
2.5 yrs

Bill Lynch

TITLE
Senior Vice President of Operations
COMPENSATION
$653K
AGE
58
TENURE
3.1 yrs

George Yuhas

TITLE
General Counsel & Corporate Secretary
COMPENSATION
$598K
AGE
67
TENURE
8.7 yrs

Sonny Pennington

TITLE
Director of Special Projects & Director
COMPENSATION
$402K
AGE
65

Kay Schwichtenberg

TITLE
Executive Vice President of Animal & Public Health
COMPENSATION
$509K
AGE
67
TENURE
5.6 yrs

Tim Cofer

TITLE
CEO & Director
AGE
50
TENURE
0.1 yrs

Howard Machek

TITLE
Senior VP & Chief Accounting Officer
COMPENSATION
$644K
AGE
56

Chris Walter

TITLE
Chief Information Officer
TENURE
8 yrs

Steve Zenker

TITLE
Vice President of Finance - Investor Relations

Jim Heim

TITLE
President of Business Development for Pet
COMPENSATION
$566K
AGE
65
TENURE
10.8 yrs
Board of Directors Tenure

Average tenure and age of the Central Garden & Pet board of directors in years:

1.9
Average Tenure
63.5
Average Age
  • The average tenure for the Central Garden & Pet board of directors is less than 3 years, this suggests a new board.
Board of Directors

Bill Brown

TITLE
Chairman
COMPENSATION
$515K
AGE
78
TENURE
0.2 yrs

Sonny Pennington

TITLE
Director of Special Projects & Director
COMPENSATION
$402K
AGE
65
TENURE
21.8 yrs

Tim Cofer

TITLE
CEO & Director
AGE
50
TENURE
0.2 yrs

Mary Springer

TITLE
Independent Director
COMPENSATION
$176K
AGE
55
TENURE
6.8 yrs

Thomas Colligan

TITLE
Independent Director
COMPENSATION
$183K
AGE
75
TENURE
4.8 yrs

Jack Balousek

TITLE
Lead Independent Director
COMPENSATION
$221K
AGE
73

John Ranelli

TITLE
Director
COMPENSATION
$303K
AGE
73
TENURE
9.6 yrs

Mike Edwards

TITLE
Independent Director
COMPENSATION
$178K
AGE
58
TENURE
1.9 yrs

Chris Metz

TITLE
Independent Director
AGE
54
TENURE
0.8 yrs

Mike Griffith

TITLE
Independent Director
AGE
62
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
08. Aug 19 Buy Thomas Colligan Individual 06. Aug 19 06. Aug 19 4,000 €19.62 €78,307
04. Jun 19 Sell George Roeth Individual 31. May 19 31. May 19 -3,398 €22.81 €-77,496
21. May 19 Sell Mary Springer Individual 17. May 19 17. May 19 -2,325 €24.41 €-56,743
04. Dec 18 Sell George Yuhas Individual 30. Nov 18 30. Nov 18 -16,251 €26.94 €-437,764
X
Management checks
We assess Central Garden & Pet's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Central Garden & Pet has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

GP7A News

Simply Wall St News

GP7A Company Info

Description

Central Garden & Pet Company, together with its subsidiaries, produces and distributes products for the lawn and garden, and pet supplies markets in the United States. It operates through two segments, Pet and Garden. The Pet segment supplies products for dogs and cats, including edible bones, edible and non-edible chews, dog and cat food and treats, toys, pet carriers, grooming supplies, and other accessories; and products for birds, small animals, and specialty pets, such as food, cages and habitats, toys, chews, and related accessories. It also provides animal and household health and insect control products; live fishes; and products for fish, reptiles, and other aquarium-based pets comprising aquariums, furniture and lighting fixtures, pumps, filters, water conditioners, food and supplements, and information and knowledge resources; and products for horses and livestock. This segment sells its products to independent pet distributors, retail chains, grocery stores, mass merchants, and bookstores under the Adams, Aqueon, Avoderm, Cadet, Farnam, Four Paws, Kaytee, K&H Pet Products, Nylabone, Pinnacle, TFH, Zilla, Altosid, Comfort Zone, Coralife, Interpet, Kent Marine, Pet Select, and Zodiac brands. The Garden segment provides grass seed; wild bird feed, bird feeders, bird houses, and other birding accessories; weed, grass, and other herbicides, as well as insecticide and pesticide products; fertilizers; and decorative outdoor lifestyle products that include pottery, trellises, and other wood products, as well as live plants. This segment sells its products to retail chains, independent garden distributors, grocery stores, nurseries, and garden supply retailers under the AMDRO, Ironite, Pennington, Sevin, Lilly Miller, Over-N-Out, Smart Seed, and The Rebels brands. The company also engages in the distribution of third party products. Central Garden & Pet Company was founded in 1955 and is based in Walnut Creek, California.

Details
Name: Central Garden & Pet Company
GP7A
Exchange: DB
Founded: 1955
$1,554,778,611
57,757,579
Website: http://www.central.com
Address: Central Garden & Pet Company
1340 Treat Boulevard,
Suite 600,
Walnut Creek,
California, 94597,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS CENT Common Stock Nasdaq Global Select US USD 15. Jul 1992
DB GP7 Common Stock Deutsche Boerse AG DE EUR 15. Jul 1992
NasdaqGS CENT.A Class A Common Stock Nasdaq Global Select US USD 06. Feb 2007
DB GP7A Class A Common Stock Deutsche Boerse AG DE EUR 06. Feb 2007
Number of employees
Current staff
Staff numbers
4,900
Central Garden & Pet employees.
Industry
Household Products
Household
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/21 21:18
End of day share price update: 2019/11/21 00:00
Last estimates confirmation: 2019/11/07
Last earnings filing: 2019/08/02
Last earnings reported: 2019/06/29
Last annual earnings reported: 2018/09/29


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.