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Greif (GEF)

Greif is a global leader in industrial packaging products and services and is pursuing its vision: In industrial packaging, be the best performing customer service company in the world. The Company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, flexible products, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The Company also manufactures packaging accessories and provides filling, packaging and other services for a wide range of industries. In addition, Greif manages timber properties in the southeastern United States. The Company is strategically positioned in over 40 countries to serve global as well as regional customers.

Company profile

Ticker
GEF, GEF.B
Exchange
Website
CEO
Peter Watson
Employees
Incorporated
Location
Fiscal year end
Former names
GREIF BROTHERS CORP, GREIF INC
SEC CIK
Subsidiaries
Caraustar Industrial and Consumer Products Group, Inc. • Caraustar Recovered Fiber Group, Inc. • Container Life Cycle Management LLC • Greif Packaging LLC • Soterra LLC • Tama Paperboard, LLC • Greif Flexibles USA Inc. • Delta Petroleum Company, Inc. • The Newark Group, Inc. • Box Board Products, Inc. ...
IRS number
314388903

GEF stock data

Calendar

4 Mar 22
17 May 22
31 Oct 22
Quarter (USD) Jan 22 Oct 21 Jul 21 Apr 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Oct 21 Oct 20 Oct 19 Oct 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
7 Apr 22 Sathyanarayanan Bala Class B Common Stock Buy Acquire P No No 58.76 450 26.44K 450
30.6% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 80 211 -62.1%
Opened positions 5 41 -87.8%
Closed positions 136 17 +700.0%
Increased positions 6 76 -92.1%
Reduced positions 61 60 +1.7%
13F shares Current Prev Q Change
Total value 1.26B 2.78B -54.6%
Total shares 8.15M 25.05M -67.5%
Total puts 0 41.6K EXIT
Total calls 0 127.5K EXIT
Total put/call ratio 0.3
Largest owners Shares Value Change
Nicholas Joseph Petitti 2.32M $161.5M NEW
LSV Asset Management 1.79M $107.79M -7.7%
Fuller & Thaler Asset Management 1.38M $83.18M +0.3%
Vanguard 343.39K $20.53M -90.1%
BLK Blackrock 334.66K $20.01M -89.8%
Dimensional Fund Advisors 276.82K $16.55M -86.2%
Raymond James & Associates 257.54K $15.4M -19.3%
Arbiter Partners Capital Management 249.84K $14.94M -6.6%
Advisors Asset Management 225.98K $13.51M -7.5%
Sound Income Strategies 134.17K $8.02M +7.3%
Largest transactions Shares Bought/sold Change
Vanguard 343.39K -3.14M -90.1%
BLK Blackrock 334.66K -2.95M -89.8%
Nicholas Joseph Petitti 2.32M +2.32M NEW
Dimensional Fund Advisors 276.82K -1.74M -86.2%
STT State Street 115.78K -841.19K -87.9%
Rubric Capital Management 0 -725K EXIT
William Blair Investment Management 0 -720.93K EXIT
BK Bank Of New York Mellon 26.18K -710.27K -96.4%
GBL Gamco Investors 0 -565.88K EXIT
Geode Capital Management 64.44K -479.03K -88.1%

Financial report summary

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Competition
Trimas
Risks
  • Historically, our Business has been Sensitive to Changes in General Economic or Business Conditions.
  • Our Global Operations Subject us to Political Risks, Instability and Currency Exchange that Could Adversely Affect our Results of Operations.
  • The COVID-19 Pandemic Could Continue to Impact Any Combination of our Business, Financial Condition, Results of Operations and Cash Flows.
  • The Current and Future Challenging Global Economy and Disruption and Volatility of the Financial and Credit Markets may Adversely Affect our Business.
  • The Continuing Consolidation of our Customer Base and Suppliers may Intensify Pricing Pressure.
  • We Operate in Highly Competitive Industries.
  • Our Business is Sensitive to Changes in Industry Demands and Customer Preferences.
  • Raw Material, Price Fluctuations, Global Supply Chain Disruptions and Inflation may Adversely Impact our Results of Operations.
  • Energy and Transportation Price Fluctuations and Shortages may Adversely Impact our Manufacturing Operations and Costs.
  • The Frequency and Volume of our Timber and Timberland Sales Will Impact our Financial Performance.
  • We may not Successfully Implement our Business Strategies, Including Achieving our Growth Objectives.
  • We may Encounter Difficulties or Liabilities Arising from Acquisitions or Divestitures.
  • We may Incur Additional Rationalization Costs and there is no Guarantee that our Efforts to Reduce Costs will be Successful.
  • Several Operations are Conducted by Joint Ventures that we Cannot Operate Solely for our Benefit.
  • Certain of the Agreements that Govern our Joint Ventures Provide our Partners With Put or Call Options.
  • Our Ability to Attract, Develop and Retain Talented and Qualified Employees, Managers and Executives is Critical to our Success.
  • Our Business may be Adversely Impacted by Work Stoppages and Other Labor Relations Matters.
  • We may be Subject to Losses that Might not be Covered in Whole or in Part by Existing Insurance Reserves or Insurance Coverage and General Insurance Premium and Deductible Increases.
  • Our Business Depends on the Uninterrupted Operations of our Facilities, Systems and Business Functions, Including our Information Technology ("IT") and Other Business Systems.
  • A Security Breach of Customer, Employee, Supplier or Company Information and Data Privacy Risks and Costs of Compliance with New Regulations may have a Material Adverse Effect on our Business, Financial Condition, Results of Operations and Cash Flows.
  • We Could be Subject to Changes in our Tax Rates, the Adoption of New U.S. or Foreign Tax Legislation or Exposure to Additional Tax Liabilities.
  • Full Realization of our Deferred Tax Assets may be Affected by a Number of Factors.
  • We have a Significant Amount of Goodwill and Long-lived Assets Which, if Impaired in the Future, Would Adversely Impact our Results of Operations.
  • Our Pension and Post-retirement Plans are Underfunded and will Require Future Cash Contributions, and our Required Future Cash Contributions Could be Higher than we Expect, Each of Which Could Have a Material Adverse Effect on our Financial Condition and Liquidity.
  • Legislation/Regulation Related to Environmental and Health and Safety Matters and Corporate Social Responsibility Could Negatively Impact our Operations and Financial Performance.
  • Product Liability Claims and Other Legal Proceedings Could Adversely Affect our Operations and Financial Performance.
  • We may Incur Fines or Penalties, Damage to our Reputation or other Adverse Consequences if our Employees, Agents or Business Partners Violate, or are Alleged to have Violated, Anti-bribery, Competition or Other Laws.
  • Changing Climate, Global Climate Change Regulations and Greenhouse Gas Effects may Adversely Affect our Operations and Financial Performance.
  • We may be Unable to Achieve Our Greenhouse Gas Emission Reduction Targets by 2030.
Management Discussion
  • ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
  • The terms “Greif,” “our company,” “we,” “us” and “our” as used in this discussion refer to Greif, Inc. and its subsidiaries. Our fiscal year begins on November 1 and ends on October 31 of the following year. Any references in unaudited interim condensed consolidated financial statements included in the Quarterly Report on Form 10-Q ("this Form 10-Q") to the years, or to any quarter of those years, relates to the fiscal year or quarter, as the case may be, ended in that year, unless otherwise stated.
  • The discussion and analysis presented below relates to the material changes in financial condition and results of operations for our interim condensed consolidated balance sheets as of January 31, 2022 and October 31, 2021, and for the interim condensed consolidated statements of income for the three months ended January 31, 2022 and 2021. This discussion and analysis should be read in conjunction with the interim condensed consolidated financial statements that appear elsewhere in this Form 10-Q and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in our Annual Report on Form 10-K for the fiscal year ended October 31, 2021 (the “2021 Form 10-K”). Readers are encouraged to review the entire 2021 Form 10-K, as it includes information regarding Greif not discussed in this Form 10-Q. This information will assist in your understanding of the discussion of our current period financial results.

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
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