Company Quick10K Filing
Willamette Valley Vineyards
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 5 $36
10-Q 2019-11-13 Quarter: 2019-09-30
10-Q 2019-08-14 Quarter: 2019-06-30
10-Q 2019-05-14 Quarter: 2019-03-31
10-K 2019-03-21 Annual: 2018-12-31
10-Q 2018-11-13 Quarter: 2018-09-30
10-Q 2018-08-14 Quarter: 2018-06-30
10-Q 2018-05-10 Quarter: 2018-03-31
10-K 2018-03-22 Annual: 2017-12-31
10-Q 2017-11-09 Quarter: 2017-09-30
10-Q 2017-08-10 Quarter: 2017-06-30
10-Q 2017-05-11 Quarter: 2017-03-31
10-K 2017-03-23 Annual: 2016-12-31
10-Q 2016-11-10 Quarter: 2016-09-30
10-Q 2016-08-11 Quarter: 2016-06-30
10-Q 2016-05-12 Quarter: 2016-03-31
10-K 2016-03-10 Annual: 2015-12-31
10-Q 2015-11-12 Quarter: 2015-09-30
10-Q 2015-08-13 Quarter: 2015-06-30
10-Q 2015-05-13 Quarter: 2015-03-31
10-K 2015-03-26 Annual: 2014-12-31
10-Q 2014-11-13 Quarter: 2014-09-30
10-Q 2014-08-13 Quarter: 2014-06-30
10-Q 2014-05-13 Quarter: 2014-03-31
10-K 2014-03-27 Annual: 2013-12-31
10-Q 2013-11-12 Quarter: 2013-09-30
10-Q 2013-08-08 Quarter: 2013-06-30
10-Q 2013-05-14 Quarter: 2013-03-31
10-K 2013-03-29 Annual: 2012-12-31
10-Q 2012-11-13 Quarter: 2012-09-30
10-Q 2012-08-10 Quarter: 2012-06-30
10-Q 2012-05-15 Quarter: 2012-03-31
10-Q 2011-11-10 Quarter: 2011-09-30
10-Q 2011-08-12 Quarter: 2011-06-30
10-Q 2011-05-11 Quarter: 2011-03-31
10-K 2011-04-01 Annual: 2010-12-31
10-Q 2010-11-15 Quarter: 2010-09-30
10-Q 2010-08-16 Quarter: 2010-06-30
10-Q 2010-05-21 Quarter: 2010-03-31
10-K 2010-03-29 Annual: 2009-12-31
8-K 2019-11-04 Officers
8-K 2019-09-11 Officers, Exhibits
8-K 2019-09-07 Officers
8-K 2019-07-18 Officers, Other Events, Exhibits
8-K 2019-07-14 Shareholder Vote
8-K 2018-07-15 Shareholder Vote
8-K 2018-02-05 Officers

Willamette Valley Vineyards Financials

WVVI Metrics, Comps, Filings

Annual | Quarterly

Business

Introduction – Willamette Valley Vineyards, Inc. (“the Company” or “WVV”) was formed in May 1988 to produce and sell premium, super premium and ultra-premium varietals. The Company was originally established as a sole proprietorship by Oregon winegrower Jim Bernau in 1983. The Company is headquartered in Turner, Oregon, which is just south of the state capitol of Salem, Oregon. The Company’s wines are made from grapes grown in vineyards owned, leased or contracted by the Company, and from grapes purchased from other nearby vineyards. The grapes are harvested, fermented and made into wine at the Company’s Turner winery (the “Estate Winery” or “Winery”) and the wines are sold principally under the Company’s Willamette Valley Vineyards label, but also under the Griffin Creek, Tualatin Estate, Pambrun, Maison Bleue and Elton labels. The Company also owns the Tualatin Estate Vineyards and Winery, located near Forest Grove, Oregon (the “Tualatin Winery”).

Segments - The Company has identified two operating segments, direct sales and distributor sales, based upon their different distribution channels, margins and selling strategies. Direct sales include retail sales in our tasting room and remote sites, wine club sales, on-site events, kitchen and catering sales and other sales made directly to the consumer without the use of an intermediary. Distributor sales include all sales through a third party where prices are given at a wholesale rate.

Products – Under its Willamette Valley Vineyards label, the Company produces and sells the following types of wine in 750 ml bottles: Pinot Noir, the brand’s flagship and its largest selling varietal in 2018, $24 to $100 per bottle; Chardonnay, $25 to $45 per bottle; Pinot Gris, $17 per bottle; Pinot Blanc, $24 per bottle; Rose, $18 to $24 per bottle; Methode Champenoise Brut, $55 per bottle; and Riesling, $14 per bottle (all bottle prices included herein are the suggested retail prices). The Company’s mission for this brand is to become the premier producer of Pinot Noir from the Pacific Northwest.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
United Breweries (CCU) 9,389,068 0% 2,405,864,916 1,016,748,973 0 0 0 0 -54,917,361
Boston Beer (SAM) 4,270,853 48% 22.2 14% 813,330 290,529 1,172,292 557,718 111,368 192,152 4,267,836
Coca Cola Bottling (COKE) 2,827,336 34% 14.8 0% 3,132,153 2,664,444 4,724,803 1,626,078 11,252 265,178 3,913,796
National Beverage (FIZZ) 2,181,326 37% 10.2 23% 550,212 183,976 985,082 365,229 126,565 193,125 1,978,658
Cott (COT) 1,794,589 50% 10.6 -0% 3,332,500 2,192,600 2,386,700 1,196,700 -4,600 277,300 2,942,889
MGP Ingredients (MGPI) 1,109,344 21% 19.4 13% 298,724 86,282 379,478 81,389 38,461 59,152 1,150,185
New Age Beverages (NBEV) 346,979 80% -97.4 -5% 331,701 173,901 151,894 122,021 -17,526 -2,919 284,355
Craft Brew Alliance (BREW) 269,404 35% 38.2 -2% 257,889 125,416 204,431 70,595 -5,225 8,375 320,251
Celsius Holdings (CELH) 244,180 40% 11.4 48% 43,637 18,878 61,853 24,902 20,990 21,305 243,946
Reed's (REED) 123,037 26% -10.7 -80% 16,342 14,354 38,354 10,110 -13,058 -11,375 121,433
Castle Brands (ROX) 76,173 39% -162.2 10% 84,950 65,767 95,373 37,155 8,419 -464 75,322
Eastside Distilling (EAST) 40,061 30% -4.3 -45% 26,246 10,713 12,054 3,613 -11,715 -10,039 43,439
Willamette Valley Vineyards (WVVI) 35,993 64% 3.5 10% 65,355 17,008 23,515 14,948 6,415 9,831 34,215
China New Borun (BORN) 18,779 0% 3,116,021 1,109,680 0 0 0 0 -605,432
Liquid Media Group (YVR) 12,151 0% 15,577 5,500 0 0 0 0 11,576
Truett-Hurst (THST) 8,519 22% 3.6 3% 18,117 2,454 9,976 2,173 583 1,356 4,900
Coca-Cola European Partners (CCEP)
Coca Cola FEMSA (KOF) 0% 263,787,000 132,037,000 0 0 0 0 -7,778,000
Constellation Brands (STZ) 46% 3.6 8% 28,951,100 16,462,900 8,766,000 4,060,400 2,446,700 3,542,800 12,712,500
Mexican Economic Development (FMX) 0% 576,381,000 240,839,000 0 0 0 0 -31,768,000

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash3,4114,55394601,476013,7769,737
Accounts Receivable1,0581,0891,229121,6851,8711,7602,353
Inventory9,6199,2279,8339,91110,63211,97114,79416,247
PP&E7,3018,30623,20215,03916,72920,19723,20241,626
Assets24,28725,41129,00530,97738,67944,87159,69561,483
Accounts Payable301729711742386505994845
Long-Term Debt4,2093,8175,8175,5025,1734,8707,2386,841
Liabilities7,8538,07010,1469,78711,51210,23914,95413,922
Stockholders' Equity16,43417,34118,85921,19027,16734,63244,74147,560
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue15,66212,52713,27215,15617,93919,42520,85423,080
Cost of Revenue7,9455,2535,5886,1407,0927,2057,9728,298
Gross Profit7,7177,2747,6839,01710,84712,22112,88214,781
R&D
SG&A6,2175,0755,3096,2107,5788,0539,24610,287
Tax515654676976720801453670
Net Income8581,2031,4232,1611,9022,6292,9942,859
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating2,7202,5591,6933,0072,6973,0882,5102,302
Cash Investing-1,738-1,727-6,693-3,717-3,425-5,328-3,915-5,262
Cash Financing910-4951,3972844,2193,9369,475-1,079