| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
GFF Stock Overview
Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally.
Griffon Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$24.31 |
| 52 Week High | US$29.42 |
| 52 Week Low | US$17.56 |
| Beta | 1.75 |
| 1 Month Change | 31.12% |
| 3 Month Change | 8.48% |
| 1 Year Change | -9.83% |
| 3 Year Change | 58.48% |
| 5 Year Change | 13.07% |
| Change since IPO | 1,326.19% |
Recent News & Updates
Griffon (NYSE:GFF) Has Affirmed Its Dividend Of US$0.09
Griffon Corporation ( NYSE:GFF ) has announced that it will pay a dividend of US$0.09 per share on the 16th of June...
Griffon Corporation: A Small Holding Company Worth Consideration
Griffon Corporation is a niche holding company that has undergone a lot of changes in recent years. Despite this, overall financial performance is solid and the company looks like an appealing prospect at current prices. Debt does hinder the company's potential to some degree though.
Is It Time To Consider Buying Griffon Corporation (NYSE:GFF)?
Griffon Corporation ( NYSE:GFF ), might not be a large cap stock, but it received a lot of attention from a substantial...
Shareholder Returns
| GFF | US Building | US Market | |
|---|---|---|---|
| 7D | 3.7% | 0.6% | -2.5% |
| 1Y | -9.8% | -18.7% | -10.4% |
Return vs Industry: GFF exceeded the US Building industry which returned -18.7% over the past year.
Return vs Market: GFF matched the US Market which returned -10.4% over the past year.
Price Volatility
| GFF volatility | |
|---|---|
| GFF Average Weekly Movement | 7.9% |
| Building Industry Average Movement | 6.5% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: GFF is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: GFF's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1959 | 6,700 | Ron Kramer | https://www.griffon.com |
Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. 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, as well as cleaning products for professional, home, and industrial use. The company’s Home & Building Products segment manufactures and markets residential and commercial garage doors for professional dealers and various home center retail chains; and rolling steel door and grille products for commercial, industrial, institutional, and retail uses.
Griffon Fundamentals Summary
| GFF fundamental statistics | |
|---|---|
| Market Cap | US$1.32b |
| Earnings (TTM) | US$103.17m |
| Revenue (TTM) | US$2.53b |
12.8x
P/E Ratio0.5x
P/S RatioIs GFF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GFF income statement (TTM) | |
|---|---|
| Revenue | US$2.53b |
| Cost of Revenue | US$1.77b |
| Gross Profit | US$751.78m |
| Other Expenses | US$648.61m |
| Earnings | US$103.17m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.90 |
| Gross Margin | 29.76% |
| Net Profit Margin | 4.08% |
| Debt/Equity Ratio | 221.0% |
How did GFF perform over the long term?
See historical performance and comparisonDividends
1.5%
Current Dividend Yield17%
Payout RatioDoes GFF pay a reliable dividends?
See GFF dividend history and benchmarks| Griffon dividend dates | |
|---|---|
| Ex Dividend Date | May 18 2022 |
| Dividend Pay Date | Jun 16 2022 |
| Days until Ex dividend | 2 days |
| Days until Dividend pay date | 31 days |
Does GFF pay a reliable dividends?
See GFF dividend history and benchmarksValuation
Is Griffon undervalued compared to its fair value and its price relative to the market?
Valuation Score
6/6Valuation Score 6/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GFF ($24.31) is trading below our estimate of fair value ($58.92)
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 (12.8x) compared to the US Building industry average (16.3x).
PE vs Market: GFF is good value based on its PE Ratio (12.8x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: GFF is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: GFF is good value based on its PB Ratio (1.5x) compared to the US Building industry average (2.2x).
Future Growth
How is Griffon forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
14.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GFF's forecast earnings growth (14.6% per year) is above the savings rate (1.9%).
Earnings vs Market: GFF's earnings (14.6% per year) are forecast to grow faster than the US market (12.6% per year).
High Growth Earnings: GFF's earnings are forecast to grow, but not significantly.
Revenue vs Market: GFF's revenue (5.6% per year) is forecast to grow slower than the US market (8% per year).
High Growth Revenue: GFF's revenue (5.6% 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?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
31.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GFF has high quality earnings.
Growing Profit Margin: GFF's current net profit margins (4.1%) are higher than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: GFF's earnings have grown significantly by 31.8% per year over the past 5 years.
Accelerating Growth: GFF's earnings growth over the past year (38.5%) exceeds its 5-year average (31.8% per year).
Earnings vs Industry: GFF earnings growth over the past year (38.5%) exceeded the Building industry 27.2%.
Return on Equity
High ROE: GFF's Return on Equity (11.7%) is considered low.
Financial Health
How is Griffon's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: GFF's short term assets ($1.7B) exceed its short term liabilities ($583.3M).
Long Term Liabilities: GFF's short term assets ($1.7B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: GFF's net debt to equity ratio (207%) is considered high.
Reducing Debt: GFF's debt to equity ratio has reduced from 267.2% to 221% over the past 5 years.
Debt Coverage: GFF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GFF's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
Dividend
What is Griffon current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.48%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: GFF's dividend (1.48%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: GFF's dividend (1.48%) is low compared to the top 25% of dividend payers in the US market (4.05%).
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.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.9%), GFF's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GFF is paying a dividend but the company has no free cash flows.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.4yrs
Average management tenure
CEO
Ron Kramer (63 yo)
14.08yrs
Tenure
US$19,698,397
Compensation
Mr. Ronald J. Kramer, also known as Ron, serves as Independent Director of Business Development Corporation of America since October 28, 2016. He serves as Independent Director of Douglas Elliman Inc. sinc...
CEO Compensation Analysis
Compensation vs Market: Ron's total compensation ($USD19.70M) is above average for companies of similar size in the US market ($USD5.45M).
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 (9.4 years average tenure).
Board Members
Experienced Board: GFF's board of directors are considered experienced (7 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
- Implied Market Cap: US$1.323b
- Shares outstanding: 54.44m
- 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 | 2022/05/15 00:00 |
| End of Day Share Price | 2022/05/13 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/09/30 |
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.