| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
GFF Overview
Griffon Corporation, through its subsidiaries, engages in the consumer and professional products, home and building products, and defense electronics businesses primarily in the United States, Europe, Canada, Australia, the United Kingdom, Mexico, and China.
Griffon Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$24.50 |
| 52 Week High | US$19.15 |
| 52 Week Low | US$29.19 |
| Beta | 1.98 |
| 1 Month Change | 0.74% |
| 3 Month Change | -3.88% |
| 1 Year Change | 21.53% |
| 3 Year Change | 58.58% |
| 5 Year Change | 46.18% |
| Change since IPO | 1,337.33% |
Recent News & Updates
Griffon (NYSE:GFF) Has Announced A Dividend Of US$0.08
Griffon Corporation ( NYSE:GFF ) has announced that it will pay a dividend of US$0.08 per share on the 16th of...
Griffon Corporation's (NYSE:GFF) Intrinsic Value Is Potentially 91% Above Its Share Price
How far off is Griffon Corporation ( NYSE:GFF ) from its intrinsic value? Using the most recent financial data, we'll...
Does Griffon (NYSE:GFF) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Does Griffon (NYSE:GFF) Deserve A Spot On Your Watchlist?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Shareholder Returns
| GFF | US Building | US Market | |
|---|---|---|---|
| 7D | 5.2% | 0.09% | 2.0% |
| 1Y | 21.5% | 49.7% | 32.8% |
Return vs Industry: GFF underperformed the US Building industry which returned 49.7% over the past year.
Return vs Market: GFF underperformed the US Market which returned 32.8% over the past year.
Price Volatility
| GFF volatility | |
|---|---|
| GFF Beta | 1.98 |
| Industry Beta | 1.36 |
| Market Beta | 1 |
Stable Share Price: GFF is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GFF's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1959 | 7,400 | Ron Kramer | https://www.griffon.com |
Griffon Corporation, through its subsidiaries, engages in the consumer and professional products, home and building products, and defense electronics businesses primarily in the United States, Europe, Canada, Australia, the United Kingdom, Mexico, and China. Its Consumer and Professional Products segment manufactures and markets long-handled tools and landscaping products for homeowners and professionals; wood and wire closet organization, general living storage, and wire garage storage products to home center retail chains, mass merchandisers, and direct-to builder professional installers; wheelbarrows and lawn carts; snow, striking, and hand tools; planters and lawn accessories; garden hoses; and pruners, loppers, shears, and other tools. The company’s Home & Building Products segment manufactures and markets residential and commercial garage doors to professional dealers and various home center retail chains; and rolling steel door and grille products designed for commercial, industrial, institutional, and retail uses.
Griffon Fundamentals Summary
| GFF fundamental statistics | |
|---|---|
| Market Cap | US$1.39b |
| Earnings (TTM) | US$83.41m |
| Revenue (TTM) | US$2.55b |
16.6x
P/E Ratio0.5x
P/S RatioIs GFF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GFF income statement (TTM) | |
|---|---|
| Revenue | US$2.55b |
| Cost of Revenue | US$1.86b |
| Gross Profit | US$695.54m |
| Expenses | US$612.13m |
| Earnings | US$83.41m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.47 |
| Gross Margin | 27.26% |
| Net Profit Margin | 3.27% |
| Debt/Equity Ratio | 132.2% |
How did GFF perform over the long term?
See historical performance and comparisonDividends
1.3%
Current Dividend Yield19%
Payout RatioValuation
Is Griffon undervalued compared to its fair value and its price relative to the market?
48.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GFF ($24.5) is trading below our estimate of fair value ($47.71)
Significantly Below Fair Value: GFF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GFF is good value based on its PE Ratio (16.6x) compared to the US Building industry average (22.1x).
PE vs Market: GFF is good value based on its PE Ratio (16.6x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: GFF is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: GFF is good value based on its PB Ratio (1.8x) compared to the US Building industry average (2.8x).
Future Growth
How is Griffon forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
20.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GFF's forecast earnings growth (20.7% per year) is above the savings rate (2%).
Earnings vs Market: GFF's earnings (20.7% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GFF's revenue (2.8% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: GFF's revenue (2.8% 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 GFF's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Griffon performed over the past 5 years?
31.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GFF has high quality earnings.
Growing Profit Margin: GFF's current net profit margins (3.3%) are higher than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: GFF's earnings have grown significantly by 31% per year over the past 5 years.
Accelerating Growth: GFF's earnings growth over the past year (68.2%) exceeds its 5-year average (31% per year).
Earnings vs Industry: GFF earnings growth over the past year (68.2%) exceeded the Building industry 64.7%.
Return on Equity
High ROE: GFF's Return on Equity (10.6%) is considered low.
Financial Health
How is Griffon's financial position?
Financial Position Analysis
Short Term Liabilities: GFF's short term assets ($1.2B) exceed its short term liabilities ($466.5M).
Long Term Liabilities: GFF's short term assets ($1.2B) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: GFF's debt to equity ratio (132.2%) is considered high.
Reducing Debt: GFF's debt to equity ratio has reduced from 221.8% to 132.2% over the past 5 years.
Debt Coverage: GFF's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: GFF's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
Dividend
What is Griffon current dividend yield, its reliability and sustainability?
1.31%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GFF's dividend (1.31%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: GFF's dividend (1.31%) is low compared to the top 25% of dividend payers in the US market (3.57%).
Stability and Growth of Payments
Stable Dividend: GFF's dividends per share have been stable in the past 10 years.
Growing Dividend: GFF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18.7%), GFF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.8yrs
Average management tenure
CEO
Ron Kramer (63 yo)
13.42yrs
Tenure
US$16,132,665
Compensation
Mr. Ronald J. Kramer, also known as Ron, serves as Independent Director of Business Development Corporation of America since October 28, 2016. He has been the Chief Executive Officer of Griffon Corporation...
CEO Compensation Analysis
Compensation vs Market: Ron's total compensation ($USD16.13M) is above average for companies of similar size in the US market ($USD3.66M).
Compensation vs Earnings: Ron's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: GFF's management team is seasoned and experienced (8.8 years average tenure).
Board Members
Experienced Board: GFF's board of directors are considered experienced (6 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Griffon Corporation's employee growth, exchange listings and data sources
Key Information
- Name: Griffon Corporation
- Ticker: GFF
- Exchange: NYSE
- Founded: 1959
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: US$1.389b
- Shares outstanding: 56.68m
- Website: https://www.griffon.com
Number of Employees
Location
- Griffon Corporation
- 712 Fifth Avenue
- 18th Floor
- New York
- New York
- 10019
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/27 22:55 |
| End of Day Share Price | 2021/09/27 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/09/30 |
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.