Shutterfly, Inc. manufactures and retails personalized products primarily in the United States, Canada, and the European Community.
Moderate growth potential and slightly overvalued.
Share Price & News
How has Shutterfly's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: P1Q has not had significant price volatility in the past 3 months.
7 Day Return
DE Online Retail
1 Year Return
DE Online Retail
Return vs Industry: P1Q underperformed the German Online Retail industry which returned 68.2% over the past year.
Return vs Market: P1Q underperformed the German Market which returned 17.1% over the past year.
Price Volatility Vs. Market
How volatile is Shutterfly's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Shutterfly 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: P1Q (€45.78) is trading below our estimate of fair value (€72.13)
Significantly Below Fair Value: P1Q is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: P1Q is poor value based on its PE Ratio (223.2x) compared to the Online Retail industry average (18.9x).
PE vs Market: P1Q is poor value based on its PE Ratio (223.2x) compared to the German market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: P1Q is poor value based on its PEG Ratio (5.9x)
Price to Book Ratio
PB vs Industry: P1Q is overvalued based on its PB Ratio (2.9x) compared to the DE Online Retail industry average (1.5x).
How is Shutterfly forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: P1Q's forecast earnings growth (37.7% per year) is above the savings rate (0.2%).
Earnings vs Market: P1Q's earnings (37.7% per year) are forecast to grow faster than the German market (13.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: P1Q's revenue (3.7% per year) is forecast to grow slower than the German market (4.8% per year).
High Growth Revenue: P1Q's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if P1Q's Return on Equity is forecast to be high in 3 years time
How has Shutterfly performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: P1Q has a large one-off loss of $26.7M impacting its June 30 2019 financial results.
Growing Profit Margin: P1Q's current net profit margins (0.4%) are lower than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: P1Q has become profitable over the past 5 years, growing earnings by 45.9% per year.
Accelerating Growth: P1Q's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: P1Q had negative earnings growth (-76.2%) over the past year, making it difficult to compare to the Online Retail industry average (-6.1%).
Return on Equity
High ROE: P1Q's Return on Equity (1.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Shutterfly's financial position?
Financial Position Analysis
Short Term Liabilities: P1Q's short term assets ($329.6M) exceed its short term liabilities ($252.6M).
Long Term Liabilities: P1Q's short term assets ($329.6M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: P1Q's debt to equity ratio (151.4%) is considered high.
Reducing Debt: P1Q's debt to equity ratio has increased from 34.2% to 151.4% over the past 5 years.
Debt Coverage: P1Q's debt is well covered by operating cash flow (26.1%).
Interest Coverage: P1Q's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Inventory Level: P1Q has a high level of physical assets or inventory.
Debt Coverage by Assets: P1Q's debt is not covered by short term assets (assets are 0.4x debt).
What is Shutterfly's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate P1Q's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate P1Q'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 P1Q's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if P1Q'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 P1Q'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
Ryan O’Hara 0
Mr. Ryan O’Hara has been President, Chief Executive Officer and Director at Shutterfly, Inc. since June 24, 2019. Mr. O’Hara is a seasoned executive with experience across a range of industries. He joins S ...
|Senior VP||3.9yrs||US$4.44m||0.072% $1.2m|
|Senior VP & Chief Marketing Officer||0.9yrs||US$5.11m||no data|
|CEO, President & Director||0.3yrs||no data||no data|
|Senior VP & COO||12.6yrs||US$2.33m||0.098% $1.6m|
|Vice President of Investor Relations & Treasury||0yrs||no data||no data|
|VP & General Counsel||0yrs||no data||no data|
|Senior VP & Chief Human Resources Officer||4.3yrs||US$4.72m||no data|
|President of Consumer Division||0.5yrs||no data||no data|
|President of Lifetouch||0.2yrs||no data||0.0099% $158.5k|
Experienced Management: P1Q's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
|CEO, President & Director||0.3yrs||no data||no data|
|Chairman of the Board||2.6yrs||US$352.37k||0.088% $1.4m|
Experienced Board: P1Q's board of directors are considered experienced (3.1 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 3.2%.
Shutterfly, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Shutterfly, Inc.
- Ticker: P1Q
- Exchange: DB
- Founded: 1999
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: US$1.753b
- Listing Market Cap: US$1.601b
- Shares outstanding: 34.40m
- Website: https://www.shutterflyinc.com
Number of Employees
- Shutterfly, Inc.
- 2800 Bridge Parkway
- Redwood City
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SFLY||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Sep 2006|
|P1Q||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Sep 2006|
Shutterfly, Inc. manufactures and retails personalized products primarily in the United States, Canada, and the European Community. The company operates through three reportable segments: Shutterfly Consumer, Lifetouch, and Shutterfly Business Solutions. The Shutterfly Consumer segment provides products, such as portraits, cards and stationery items, professionally-bound photo books and year books, personalized gifts and home décor products, and calendars and prints; and mugs, ornaments, candles, pillows, and blankets through the Shutterfly, Tiny Prints, and Groovebook domains, as well as rents photographic and video equipment under BorrowLenses brand. The Lifetouch segment offers photography services for schools, preschools, and retail stores under the under the JCPenney portrait brand at approximately 400 retail studios, as well as churches and other groups. The Shutterfly Business Solutions provides direct marketing and other end-consumer communications, as well as just-in-time and inventory free printing services. Shutterfly, Inc. was founded in 1999 and is headquartered in Redwood City, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/09/25 21:54|
|End of Day Share Price||2019/09/25 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.