| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
SCX Overview
The L.S. Starrett Company, together with its subsidiaries, manufactures and sells industrial, professional, and consumer measuring and cutting tools, and related products in the United States, Canada, Mexico, Brazil, China, the United Kingdom, Australia, and New Zealand.
Share Price & News
How has L.S. Starrett's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SCX is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: SCX's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
7.7%
SCX
-1.1%
US Machinery
-0.6%
US Market
1 Year Return
310.0%
SCX
31.5%
US Machinery
33.6%
US Market
Return vs Industry: SCX exceeded the US Machinery industry which returned 32.8% over the past year.
Return vs Market: SCX exceeded the US Market which returned 33.7% over the past year.
Shareholder returns
| SCX | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.7% | -1.1% | -0.6% |
| 30 Day | 81.2% | -2.7% | 1.3% |
| 90 Day | 46.2% | 3.1% | 5.3% |
| 1 Year | 310.0%310.0% | 34.3%31.5% | 35.6%33.6% |
| 3 Year | 112.4%112.4% | 47.4%38.7% | 60.9%51.0% |
| 5 Year | 38.4%30.9% | 126.1%102.9% | 123.4%99.1% |
Long-Term Price Volatility Vs. Market
How volatile is L.S. Starrett's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is L.S. Starrett (NYSE:SCX) Using Debt Sensibly?1 month ago | Simply Wall St
Who Has Been Buying The L.S. Starrett Company (NYSE:SCX) Shares?3 months ago | Simply Wall St
Can You Imagine How Jubilant L.S. Starrett's (NYSE:SCX) Shareholders Feel About Its 206% Share Price Gain?L.S. Starrett Fundamentals Summary
| SCX fundamental statistics | |
|---|---|
| Market Cap | US$93.57m |
| Earnings (TTM) | US$15.53m |
| Revenue (TTM) | US$219.64m |
6.0x
P/E Ratio0.4x
P/S RatioIs SCX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SCX income statement (TTM) | |
|---|---|
| Revenue | US$219.64m |
| Cost of Revenue | US$146.30m |
| Gross Profit | US$73.34m |
| Expenses | US$57.81m |
| Earnings | US$15.53m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.20 |
| Gross Margin | 33.39% |
| Net Profit Margin | 7.07% |
| Debt/Equity Ratio | 26.3% |
How did SCX perform over the long term?
See historical performance and comparisonValuation
Is L.S. Starrett undervalued compared to its fair value and its price relative to the market?
6.03x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SCX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SCX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SCX is good value based on its PE Ratio (6x) compared to the US Machinery industry average (29.7x).
PE vs Market: SCX is good value based on its PE Ratio (6x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SCX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SCX is good value based on its PB Ratio (1.1x) compared to the US Machinery industry average (2.8x).
Future Growth
How is L.S. Starrett forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.9%
Forecasted Capital Goods 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 L.S. Starrett 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.
Past Performance
How has L.S. Starrett performed over the past 5 years?
12.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SCX has a high level of non-cash earnings.
Growing Profit Margin: SCX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SCX has become profitable over the past 5 years, growing earnings by 12.9% per year.
Accelerating Growth: SCX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SCX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (22.1%).
Return on Equity
High ROE: SCX's Return on Equity (18.6%) is considered low.
Financial Health
How is L.S. Starrett's financial position?
Financial Position Analysis
Short Term Liabilities: SCX's short term assets ($119.2M) exceed its short term liabilities ($51.7M).
Long Term Liabilities: SCX's short term assets ($119.2M) exceed its long term liabilities ($49.3M).
Debt to Equity History and Analysis
Debt Level: SCX's debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: SCX's debt to equity ratio has increased from 18.9% to 26.3% over the past 5 years.
Debt Coverage: SCX's debt is well covered by operating cash flow (20.8%).
Interest Coverage: SCX's interest payments on its debt are well covered by EBIT (25.2x coverage).
Balance Sheet
Dividend
What is L.S. Starrett current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SCX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SCX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SCX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SCX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SCX is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SCX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Douglas Starrett (69 yo)
20yrs
Tenure
US$669,096
Compensation
Mr. Douglas A. Starrett has been the Chief Executive Officer at The L.S. Starrett Company since September 9, 2001, President since 1995 and serves as its Chairman of the board. Mr. Starrett has been a Dire...
CEO Compensation Analysis
Compensation vs Market: Douglas's total compensation ($USD669.10K) is about average for companies of similar size in the US market ($USD548.10K).
Compensation vs Earnings: Douglas's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SCX's management team is considered experienced (2.2 years average tenure).
Board Members
Experienced Board: SCX's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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
The L.S. Starrett Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The L.S. Starrett Company
- Ticker: SCX
- Exchange: NYSE
- Founded: 1880
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$93.565m
- Shares outstanding: 7.11m
- Website: https://www.starrett.com
Number of Employees
Location
- The L.S. Starrett Company
- 121 Crescent Street
- Athol
- Massachusetts
- 01331-1915
- United States
Listings
Biography
The L.S. Starrett Company, together with its subsidiaries, manufactures and sells industrial, professional, and consumer measuring and cutting tools, and related products in the United States, Canada, Mexi...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/16 22:49 |
| End of Day Share Price | 2021/09/16 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.