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Golden Grain Energy

GGEL.U
Winston Score
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Winston Score History

The full picture

Golden Grain Energy is an Iowa-based ethanol producer that turns corn into fuel-grade ethanol and dried distillers grains (DDG). The ethanol is sold to fuel blenders and gasoline distributors, while the DDG byproduct is sold as livestock feed to farmers and feed companies. It operates as a member-owned cooperative, meaning local farmers and investors own the business together.

The company earns money by selling ethanol and DDG at market prices, so its profits rise and fall with commodity prices for both corn and ethanol. Golden Grain Energy operates a single production facility in Iowa, making it a small, regional player in the U.S. ethanol industry. Its main competitive advantage is low-cost access to local corn from member farmers, but its biggest risk is the narrow and volatile spread between corn input costs and ethanol selling prices, which can quickly squeeze or eliminate profit margins.

Score breakdown

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Quality

Profit per sale
Gross Margin
N/A
no trend
Data not available
Profit after running costs
Operating Margin
N/A
no trend
Data not available
Return on the money invested
ROCE
N/A
no trend
Data not available

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Growth

Sales growth
Sales YoY
N/A
no trend
Data not available
Profit growth
EPS YoY
N/A
no trend
Data not available
How steady the profit is
EPS Consistency
N/A
no trend
Data not available

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Cash Flow

Profit that turns into cash
Cash Conversion
N/A
no trend
Data not available
Spare cash per sale
FCF Margin
N/A
no trend
Data not available

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Stability

What it owes vs what it owns
Debt / Equity
N/A
no trend
Data not available
Covers its interest
Interest Cover
N/A
no trend
Data not available

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Valuation

Price vs profit
P/E Ratio (TTM)
N/A
no trend
Data not available
Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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