Standard Diversified Inc., a diversified holding company, through its subsidiaries, engages in the other tobacco products and outdoor advertising activities in the United States.
Overvalued with worrying balance sheet.
Share Price & News
How has Standard Diversified's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SD61's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SD61 underperformed the German Tobacco industry which returned -14.1% over the past year.
Return vs Market: SD61 underperformed the German Market which returned -20.9% over the past year.
Price Volatility Vs. Market
How volatile is Standard Diversified's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Standard Diversified undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SD61 (€9.31) is trading below our estimate of fair value (€11.57)
Significantly Below Fair Value: SD61 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SD61 is unprofitable, so we can't compare its PE Ratio to the Tobacco industry average.
PE vs Market: SD61 is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SD61's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SD61 is overvalued based on its PB Ratio (3.6x) compared to the XE Tobacco industry average (1.2x).
How is Standard Diversified forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Food, Beverage & Tobacco industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Standard Diversified has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of SD61’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Standard Diversified competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
How has Standard Diversified performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SD61 is currently unprofitable.
Growing Profit Margin: SD61 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SD61 is unprofitable, and losses have increased over the past 5 years at a rate of -71.8% per year.
Accelerating Growth: Unable to compare SD61's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SD61 is unprofitable, making it difficult to compare its past year earnings growth to the Tobacco industry (4.8%).
Return on Equity
High ROE: SD61 has a negative Return on Equity (-3.77%), as it is currently unprofitable.
How is Standard Diversified's financial position?
Financial Position Analysis
Short Term Liabilities: SD61's short term assets ($232.2M) exceed its short term liabilities ($84.8M).
Long Term Liabilities: SD61's short term assets ($232.2M) do not cover its long term liabilities ($326.0M).
Debt to Equity History and Analysis
Debt Level: SD61's debt to equity ratio (318.3%) is considered high.
Reducing Debt: Insufficient data to determine if SD61's debt to equity ratio has reduced over the past 5 years.
Inventory Level: SD61 has a high level of physical assets or inventory.
Debt Coverage by Assets: SD61's debt is not covered by short term assets (assets are 0.7x debt).
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.
Stable Cash Runway: SD61 has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: SD61 has been profitable on average in the past, therefore cash runway is not a concern.
What is Standard Diversified's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SD61's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SD61's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SD61's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SD61's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SD61's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Greg Baxter (66yo)
Mr. Gregory H. A. Baxter, also known as Greg, serves as Executive Chairman of the Board at Standard Diversified Inc. since June 2017 and has been its Interim Chief Executive Officer since March 29, 2019. H ...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD96.41K) is below average for companies of similar size in the German market ($USD744.69K).
Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.
|Executive Chairman of the Board & Interim CEO||1.08yrs||US$96.41k||0.17% $271.7k|
|Interim Chief Financial Officer||2.92yrs||no data||no data|
|General Counsel & Secretary||2.25yrs||US$548.31k||0.044% $68.9k|
Experienced Management: SD61's management team is considered experienced (2.3 years average tenure).
|Executive Chairman of the Board & Interim CEO||1.08yrs||US$96.41k||0.17% $271.7k|
|Independent Director||10.17yrs||US$81.00k||0.080% $125.1k|
|Independent Director||2.67yrs||no data||no data|
|Independent Director||2yrs||US$59.13k||0.026% $41.0k|
Experienced Board: SD61's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Standard Diversified Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Standard Diversified Inc.
- Ticker: SD61
- Exchange: MUN
- Industry: Tobacco
- Sector: Food, Beverage & Tobacco
- Market Cap: US$168.646m
- Listing Market Cap: US$156.318m
- Shares outstanding: 16.58m
- Website: https://www.standarddiversified.com
Number of Employees
- Standard Diversified Inc.
- 767 5th Avenue
- 12th Floor
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SDI||AMEX (NYSE MKT LLC)||Yes||Class A Common Stock||US||USD||Jun 2017|
|SD61||MUN (Boerse Muenchen)||Yes||Class A Common Stock||DE||EUR||Jun 2017|
|SDOI.B||OTCPK (Pink Sheets LLC)||Class B Common Stock||US||USD||Jul 2017|
Standard Diversified Inc., a diversified holding company, through its subsidiaries, engages in the other tobacco products and outdoor advertising activities in the United States. Its Smokeless Products segment manufactures and markets moist snuff and contracts for and markets chewing tobacco products. The company’s Smoking Products segment markets cigarette papers, tubes, and related products; markets and distributes finished cigars and Make-Your-Own cigar wraps; and processes, packages, markets, and distributes traditional pipe tobaccos. Its NewGen Products segment markets and distributes e-cigarettes, e-liquids, vaporizers, and other products without tobacco and/or nicotine; and an assortment of vaping and cannabidiol isolate (CBD) related products to non-traditional retail outlets, as well as to individual consumers via Vapor Shark and VaporFi branded retail outlets and online platforms. The company’s portfolio of brands includes Zig-Zag, Beech-Nut, Stoker’s, Trophy, VaporBeast, Solace, and VaporFi. It also engages in out-of-home advertising business. As of December 31, 2019, the company owned, managed, and operated 399 billboard faces located across Alabama, Florida, Georgia, South Carolina, and Texas. Standard Diversified Inc. is headquartered in New York, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/05 04:05|
|End of Day Share Price||2020/04/03 00:00|
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.