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Sequential Brands Group

DB:SQB
Snowflake Description

Fair value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SQB
DB
$76M
Market Cap
  1. Home
  2. DE
  3. Consumer Durables
Company description

Sequential Brands Group, Inc. owns, promotes, markets, and licenses a portfolio of consumer brands in the United States and internationally. The last earnings update was 11 days ago. More info.


Add to Portfolio Compare Print
  • Sequential Brands Group has significant price volatility in the past 3 months.
SQB Share Price and Events
7 Day Returns
-5.5%
DB:SQB
1.6%
DE Luxury
1.8%
DE Market
1 Year Returns
-45.3%
DB:SQB
8.4%
DE Luxury
-8.9%
DE Market
SQB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sequential Brands Group (SQB) -5.5% 7.8% 53.4% -45.3% - -
DE Luxury 1.6% 7.6% 9% 8.4% 95.5% 115.1%
DE Market 1.8% 3.9% 6.1% -8.9% 9.3% 11.7%
1 Year Return vs Industry and Market
  • SQB underperformed the Luxury industry which returned 8.4% over the past year.
  • SQB underperformed the Market in Germany which returned -8.9% over the past year.
Price Volatility
SQB
Industry
5yr Volatility vs Market

Value

 Is Sequential Brands Group 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 Sequential Brands Group 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    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Sequential Brands Group.

DB:SQB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.1%
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:SQB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.69
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.686 (1 + (1- 21%) (799.86%))
3.692
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (2 * 5.96%)
12.15%

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

The calculations below outline how an intrinsic value for Sequential Brands Group 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.

DB:SQB DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 12.15%)
2019 27.14 Est @ -11.1% 24.20
2020 25.05 Est @ -7.7% 19.91
2021 23.71 Est @ -5.32% 16.81
2022 22.84 Est @ -3.66% 14.44
2023 22.27 Est @ -2.49% 12.56
2024 21.90 Est @ -1.68% 11.01
2025 21.66 Est @ -1.1% 9.71
2026 21.51 Est @ -0.71% 8.59
2027 21.42 Est @ -0.43% 7.63
2028 21.37 Est @ -0.23% 6.79
Present value of next 10 years cash flows $131.65
DB:SQB DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $21.37 × (1 + 0.23%) ÷ (12.15% – 0.23%)
$179.66
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $179.66 ÷ (1 + 12.15%)10
$57.09
DB:SQB Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $131.65 + $57.09
$188.73
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $188.73 / 64.17
$2.57
DB:SQB Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:SQB represents 0.87395x of NasdaqCM:SQBG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.87395x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 2.94 x 0.87395
€2.57
Value per share (EUR) From above. €2.57
Current discount Discount to share price of €1.04
= -1 x (€1.04 - €2.57) / €2.57
59.5%

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

Current Discount
Amount off the current price Sequential Brands Group is available for.
Intrinsic value
>50%
Share price is €1.04 vs Future cash flow value of €2.57
Current Discount Checks
For Sequential Brands Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Sequential Brands Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Sequential Brands Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Sequential Brands Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sequential Brands Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SQB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.16
NasdaqCM:SQBG Share Price ** NasdaqCM (2019-03-15) in USD $1.19
Germany Luxury Industry PE Ratio Median Figure of 7 Publicly-Listed Luxury Companies 25.09x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 19.52x

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

** Primary Listing of Sequential Brands Group.

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

= NasdaqCM:SQBG Share Price ÷ EPS (both in USD)

= 1.19 ÷ -0.16

-7.23x

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

  • Sequential Brands Group is loss making, we can't compare its value to the DE Luxury industry average.
  • Sequential Brands Group is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Sequential Brands Group's expected growth come at a high price?
Raw Data
DB:SQB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.23x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
Europe Luxury Industry PEG Ratio Median Figure of 39 Publicly-Listed Luxury Companies 1.87x
Germany Market PEG Ratio Median Figure of 275 Publicly-Listed Companies 1.42x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Sequential Brands Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sequential Brands Group's assets?
Raw Data
DB:SQB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $4.28
NasdaqCM:SQBG Share Price * NasdaqCM (2019-03-15) in USD $1.19
Germany Luxury Industry PB Ratio Median Figure of 11 Publicly-Listed Luxury Companies 1.49x
Germany Market PB Ratio Median Figure of 569 Publicly-Listed Companies 1.77x
DB:SQB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:SQBG Share Price ÷ Book Value per Share (both in USD)

= 1.19 ÷ 4.28

0.28x

* Primary Listing of Sequential Brands Group.

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

  • Sequential Brands Group is good value based on assets compared to the DE Luxury industry average.
X
Value checks
We assess Sequential Brands Group'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 Luxury 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 Luxury industry average (and greater than 0)? (1 check)
  5. Sequential Brands Group 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.

Future Performance

 How is Sequential Brands Group expected to perform in the next 1 to 3 years based on estimates from 2 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
2.5%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Sequential Brands Group expected to grow at an attractive rate?
  • Sequential Brands Group is expected to become profitable in the next 1-3 years, this is considered above the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Unable to compare Sequential Brands Group's earnings growth to the Germany market average as no estimate data is available.
  • Sequential Brands Group's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:SQB Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:SQB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 2.5%
Germany Luxury Industry Earnings Growth Rate Market Cap Weighted Average 11.2%
Germany Luxury Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*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:SQB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SQB Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 179 1
2019-12-31 173 16 23 2
DB:SQB Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 170 33 -10
2018-09-30 168 29 -171
2018-06-30 166 29 -186
2018-03-31 166 32 -187
2017-12-31 167 28 -186
2017-09-30 166 31 -24
2017-06-30 169 47 2
2017-03-31 161 50 -1
2016-12-31 156 43 -1
2016-09-30 142 11 -6
2016-06-30 123 -2 -4
2016-03-31 109 -3 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sequential Brands Group is expected to become profitable in the next 1-3 years, this is considered high growth.
  • Sequential Brands Group'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:SQB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Sequential Brands Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SQB Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2019-12-31 0.35 0.35 0.35 1.00
DB:SQB Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.16
2018-09-30 -2.70
2018-06-30 -2.94
2018-03-31 -2.96
2017-12-31 -2.95
2017-09-30 -0.38
2017-06-30 0.03
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.10
2016-06-30 -0.08
2016-03-31 -0.12

*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.
  • Unable to establish if Sequential Brands Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Sequential Brands Group'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Sequential Brands Group has a total score of 2/6, 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.

Past Performance

  How has Sequential Brands Group 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 Sequential Brands Group's growth in the last year to its industry (Luxury).
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.
  • Sequential Brands Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Sequential Brands Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Sequential Brands Group's 1-year growth to the DE Luxury industry average as it is not currently profitable.
Earnings and Revenue History
Sequential Brands Group'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 Sequential Brands Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SQB Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 169.96 -10.48
2018-09-30 167.98 -171.18 8.10
2018-06-30 166.23 -185.75 6.90
2018-03-31 166.17 -186.80 6.90
2017-12-31 167.46 -185.72 6.90
2017-09-30 165.98 -23.81 9.30
2017-06-30 168.91 1.67 9.60
2017-03-31 160.92 -0.93 9.60
2016-12-31 155.53 -0.82 9.60
2016-09-30 141.54 -5.56 9.00
2016-06-30 122.57 -4.13 5.10
2016-03-31 108.65 -5.39 6.80
2015-12-31 88.26 -2.87 8.70
2015-09-30 75.41 -1.00 5.60
2015-06-30 62.42 -1.09 9.40
2015-03-31 49.19 -0.37 7.60
2014-12-31 41.84 -1.07 5.60
2014-09-30 33.88 7.82 7.70
2014-06-30 29.94 5.25 7.70
2014-03-31 27.29 6.66 5.72
2013-12-31 22.65 -11.73 1.60
2013-09-30 13.88 -23.15 1.43
2013-06-30 9.15 -23.34 2.54
2013-03-31 5.85 -24.93 4.89
2012-12-31 5.27 -7.35 3.40
2012-09-30 3.88 3.03 1.99
2012-06-30 2.56 3.07 0.88
2012-03-31 1.60 3.84 0.50

*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.
  • It is difficult to establish if Sequential Brands Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Sequential Brands Group used its assets less efficiently than the DE Luxury industry average last year based on Return on Assets.
  • It is difficult to establish if Sequential Brands Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Sequential Brands Group'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 Luxury 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.
Sequential Brands Group has a total score of 0/6, 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.

Health

 How is Sequential Brands Group'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 Sequential Brands Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sequential Brands Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sequential Brands Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Sequential Brands Group'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.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.2x 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 Sequential Brands Group Company Filings, last reported 2 months ago.

DB:SQB Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 344.64 610.79 14.11
2018-09-30 348.50 616.53 12.05
2018-06-30 357.05 617.73 13.61
2018-03-31 355.08 624.47 23.34
2017-12-31 353.54 630.60 18.90
2017-09-30 516.23 626.73 12.52
2017-06-30 542.29 632.86 19.73
2017-03-31 538.42 638.95 27.64
2016-12-31 537.57 645.04 26.81
2016-09-30 532.85 649.17 26.58
2016-06-30 527.57 533.93 42.20
2016-03-31 527.42 538.50 47.99
2015-12-31 525.65 542.07 47.17
2015-09-30 351.01 368.03 39.39
2015-06-30 336.98 295.63 25.31
2015-03-31 268.30 172.64 23.03
2014-12-31 264.90 175.50 22.52
2014-09-30 262.06 180.04 27.05
2014-06-30 79.73 54.15 15.78
2014-03-31 82.48 56.07 22.91
2013-12-31 81.17 57.93 25.13
2013-09-30 76.95 59.87 32.92
2013-06-30 36.90 61.80 13.36
2013-03-31 35.97 63.73 16.37
2012-12-31 -0.05 3.50 2.62
2012-09-30 6.46 3.30 5.87
2012-06-30 6.96 3.15 6.58
2012-03-31 5.72 3.02 9.80
  • Sequential Brands Group's level of debt (177.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (71.3% vs 177.2% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Sequential Brands Group has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Sequential Brands Group has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -46.5% per year.
X
Financial health checks
We assess Sequential Brands Group'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. Sequential Brands Group has a total score of 3/6, 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.

Dividends

 What is Sequential Brands Group'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 Sequential Brands Group dividends.
If you bought €2,000 of Sequential Brands Group 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 Sequential Brands Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Sequential Brands Group'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:SQB 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 2 Analyst Estimates (S&P Global) See Below
Germany Luxury Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 1.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 333 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

DB:SQB Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

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

  • Unable to perform a dividend volatility check as Sequential Brands Group has not reported any payouts.
  • Unable to verify if Sequential Brands Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Sequential Brands Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Sequential Brands Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Sequential Brands Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Sequential Brands Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sequential Brands Group 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.

Management

 What is the CEO of Sequential Brands Group'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
Karen Murray
COMPENSATION $2,861,246
AGE 61
TENURE AS CEO 1.9 years
CEO Bio

Ms. Karen Murray has been Chief Executive Officer and Secretary of Sequential Brands Group, Inc. since April 3, 2017. Ms. Murray has been Senior Brand Advisor of V.F. Corporation since February 2, 2017. She served as the President at VF Sportswear, Inc., a wholly owned subsidiary of VF Corporation, where she oversaw the $1.2 billion global brand, Nautica, as well as Kipling. She served as the President of Sportswear Coalition at V.F. Corporation since June 2008 until February 2, 2017. She served as Group President of Menswear Portfolio at Kate Spade & Company. She joined VF Sportswear, Inc. in September 2007 and served as the President of its Nautica Men's Sportswear and Nautica Jeans Company businesses. She was employed at Liz Claiborne Inc., from 1998 to 2007 in many different roles including its President. She served as Group President of Menswear, Mid-tier, International Alliances and Licensing at Fifth & Pacific Companies, Inc., where she was employed for 15 years. Ms. Murray added oversight for the Special Markets brands sold in the Mass channel to her responsibilities for Menswear portfolio. She began her career at Gant, where she remained for nine years before transitioning to Liz Claiborne. She has been Director of Sequential Brands Group, Inc. since April 3, 2017. She serves on a number of charitable organization Boards and Committees. Ms. Murray holds a Bachelor's of Science degree from the University of Maryland.

CEO Compensation
  • Insufficient data for Karen to compare compensation growth.
  • Karen's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Sequential Brands Group management team in years:

2.6
Average Tenure
59
Average Age
  • The tenure for the Sequential Brands Group management team is about average.
Management Team

Karen Murray

TITLE
CEO, Secretary & Director
COMPENSATION
$3M
AGE
61
TENURE
1.9 yrs

Andrew Cooper

TITLE
President
COMPENSATION
$1M
AGE
48
TENURE
2.6 yrs

Martha Stewart

TITLE
Chief Creative Officer & Director
COMPENSATION
$7M
AGE
76
TENURE
3.3 yrs

Peter Lops

TITLE
Chief Financial Officer
AGE
48
TENURE
1 yrs

Chad Wagenheim

TITLE
Executive Vice President of Strategic Development & Operations

Eric Gul

TITLE
General Counsel
TENURE
2.9 yrs

Noah Gelbart

TITLE
Senior Vice President

Karen Castellano

TITLE
President of Fashion Division
TENURE
0.8 yrs

Charles Bang

TITLE
Corporate Controller
TENURE
5.9 yrs

Eddie Esses

TITLE
Division President of Active
AGE
59
Board of Directors Tenure

Average tenure and age of the Sequential Brands Group board of directors in years:

5.7
Average Tenure
62.5
Average Age
  • The tenure for the Sequential Brands Group board of directors is about average.
Board of Directors

Bill Sweedler

TITLE
Chairman
AGE
51
TENURE
7.1 yrs

Karen Murray

TITLE
CEO, Secretary & Director
COMPENSATION
$3M
AGE
61
TENURE
1.9 yrs

Martha Stewart

TITLE
Chief Creative Officer & Director
COMPENSATION
$7M
AGE
76
TENURE
3.3 yrs

Gary Johnson

TITLE
Independent Director
COMPENSATION
$200K
AGE
63
TENURE
5.8 yrs

Aaron Hollander

TITLE
Independent Director
COMPENSATION
$225K
AGE
62
TENURE
5.5 yrs

Al Gossett

TITLE
Independent Director
COMPENSATION
$200K
AGE
65
TENURE
7.3 yrs

Stew Leonard

TITLE
Independent Director
COMPENSATION
$200K
AGE
63
TENURE
5.8 yrs

Rodney Cohen

TITLE
Independent Director
AGE
52
TENURE
4.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
08. Mar 19 Buy Prescott Group Capital Management L.L.C. Company 06. Mar 19 06. Mar 19 45,888 €1.25 €57,171
04. Mar 19 Buy Prescott Group Capital Management L.L.C. Company 28. Feb 19 28. Feb 19 220,000 €1.29 €283,978
02. Jan 19 Buy Prescott Group Capital Management L.L.C. Company 28. Dec 18 31. Dec 18 480,818 €0.69 €298,096
28. Dec 18 Buy Prescott Group Capital Management L.L.C. Company 26. Dec 18 27. Dec 18 706,010 €0.61 €422,305
21. Dec 18 Buy Prescott Group Capital Management L.L.C. Company 19. Dec 18 20. Dec 18 46,966 €0.66 €30,358
18. Dec 18 Buy Prescott Group Capital Management L.L.C. Company 14. Dec 18 14. Dec 18 3,554 €0.70 €2,456
12. Dec 18 Buy Prescott Group Capital Management L.L.C. Company 10. Dec 18 10. Dec 18 118,195 €0.77 €90,459
04. Dec 18 Buy Stewart Leonard Individual 29. Nov 18 29. Nov 18 3,000 €0.86 €2,584
29. Nov 18 Buy Stewart Leonard Individual 27. Nov 18 28. Nov 18 48,020 €0.87 €41,709
26. Nov 18 Buy Prescott Group Capital Management L.L.C. Company 21. Nov 18 21. Nov 18 11,942 €0.82 €9,669
21. Nov 18 Buy Prescott Group Capital Management L.L.C. Company 19. Nov 18 20. Nov 18 476,799 €0.84 €395,182
X
Management checks
We assess Sequential Brands Group'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. Sequential Brands Group 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.

News

Simply Wall St News

Company Info

Description

Sequential Brands Group, Inc. owns, promotes, markets, and licenses a portfolio of consumer brands in the United States and internationally. It offers products in the apparel, footwear, eyewear, fashion accessories, and home goods categories under the Jessica Simpson, AND1, Avia, GAIAM, Joe’s Jeans, Ellen Tracy, Emeril Lagasse, William Rast, Heelys, Revo, Caribbean Joe, DVS, The Franklin Mint, Linens N Things, SPRI, Nevados, and FUL brand names; and food, wine, magazines, books, and other print and digital content categories under the Martha Stewart brand name. The company licenses its brands through various distribution channels to retailers, wholesalers, and distributors. Sequential Brands Group, Inc. was incorporated in 1982 and is headquartered in New York, New York.

Details
Name: Sequential Brands Group, Inc.
SQB
Exchange: DB
Founded: 1982
$67,442,948
64,169,776
Website: http://www.sequentialbrandsgroup.com
Address: Sequential Brands Group, Inc.
601 West 26th Street,
9th Floor,
New York,
New York, 10001,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM SQBG Common Stock Nasdaq Capital Market US USD 23. Jul 1987
DB SQB Common Stock Deutsche Boerse AG DE EUR 23. Jul 1987
Number of employees
Current staff
Staff numbers
144
Sequential Brands Group employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/17 21:46
End of day share price update: 2019/03/15 00:00
Last estimates confirmation: 2019/03/07
Last earnings filing: 2019/03/06
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.