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L.S. Starrett

NYSE:SCX
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SCX
NYSE
$43M
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

The L.S. Starrett Company, together with its subsidiaries, manufactures and sells industrial, professional, and consumer measuring and cutting tools, and related products primarily in North America, Brazil, China, the United Kingdom, Australia, and New Zealand. The last earnings update was 82 days ago. More info.


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  • L.S. Starrett has significant price volatility in the past 3 months.
SCX Share Price and Events
7 Day Returns
-4.5%
NYSE:SCX
-1.1%
US Machinery
-1.2%
US Market
1 Year Returns
-8%
NYSE:SCX
5.4%
US Machinery
3.3%
US Market
SCX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
L.S. Starrett (SCX) -4.5% -10.4% -13.2% -8% -50.2% -61.9%
US Machinery -1.1% 0% -2.9% 5.4% 46.7% 30.3%
US Market -1.2% 0.8% 0.9% 3.3% 35.9% 41.7%
1 Year Return vs Industry and Market
  • SCX underperformed the Machinery industry which returned 5.4% over the past year.
  • SCX underperformed the Market in United States of America which returned 3.3% over the past year.
Price Volatility
SCX
Industry
5yr Volatility vs Market

SCX Value

 Is L.S. Starrett undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for L.S. Starrett. This is due to cash flow or dividend data being unavailable. The share price is $6.12.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for L.S. Starrett's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are L.S. Starrett's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:SCX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.78
NYSE:SCX Share Price ** NYSE (2019-07-22) in USD $6.12
United States of America Machinery Industry PE Ratio Median Figure of 98 Publicly-Listed Machinery Companies 20.98x
United States of America Market PE Ratio Median Figure of 3,082 Publicly-Listed Companies 17.86x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of L.S. Starrett.

NYSE:SCX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:SCX Share Price ÷ EPS (both in USD)

= 6.12 ÷ 0.78

7.89x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • L.S. Starrett is good value based on earnings compared to the US Machinery industry average.
  • L.S. Starrett is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does L.S. Starrett's expected growth come at a high price?
Raw Data
NYSE:SCX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Machinery Industry PEG Ratio Median Figure of 79 Publicly-Listed Machinery Companies 1.54x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for L.S. Starrett, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on L.S. Starrett's assets?
Raw Data
NYSE:SCX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $13.23
NYSE:SCX Share Price * NYSE (2019-07-22) in USD $6.12
United States of America Machinery Industry PB Ratio Median Figure of 126 Publicly-Listed Machinery Companies 2.23x
United States of America Market PB Ratio Median Figure of 5,248 Publicly-Listed Companies 1.79x
NYSE:SCX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:SCX Share Price ÷ Book Value per Share (both in USD)

= 6.12 ÷ 13.23

0.46x

* Primary Listing of L.S. Starrett.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • L.S. Starrett is good value based on assets compared to the US Machinery industry average.
X
Value checks
We assess L.S. Starrett's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. L.S. Starrett has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SCX Future Performance

 How is L.S. Starrett expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.5%
Expected Machinery industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is L.S. Starrett expected to grow at an attractive rate?
  • Unable to compare L.S. Starrett's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare L.S. Starrett's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare L.S. Starrett's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NYSE:SCX Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Machinery Industry Earnings Growth Rate Market Cap Weighted Average 10.5%
United States of America Machinery Industry Revenue Growth Rate Market Cap Weighted Average 3.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:SCX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:SCX Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 224 7 5
2018-12-31 221 6 5
2018-09-30 216 4 -3
2018-06-30 216 4 -4
2018-03-31 213 2 -5
2017-12-31 209 5 -7
2017-09-30 210 3 1
2017-06-30 207 3 1
2017-03-31 207 6 -14
2016-12-31 207 7 -13
2016-09-30 208 10 -13
2016-06-30 210 14 -14

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if L.S. Starrett is high growth as no earnings estimate data is available.
  • Unable to determine if L.S. Starrett is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:SCX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from L.S. Starrett Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:SCX Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.78
2018-12-31 0.71
2018-09-30 -0.50
2018-06-30 -0.52
2018-03-31 -0.64
2017-12-31 -0.98
2017-09-30 0.09
2017-06-30 0.14
2017-03-31 -1.98
2016-12-31 -1.79
2016-09-30 -1.88
2016-06-30 -2.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if L.S. Starrett will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether L.S. Starrett is trading at L.S. Starrett'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. L.S. Starrett's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. L.S. Starrett's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess L.S. Starrett's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
L.S. Starrett has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SCX Past Performance

  How has L.S. Starrett performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare L.S. Starrett's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • L.S. Starrett's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • L.S. Starrett has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • L.S. Starrett has become profitable in the last year making it difficult to compare the US Machinery industry average.
Earnings and Revenue History
L.S. Starrett's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from L.S. Starrett Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:SCX Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 224.48 5.42 59.85 3.60
2018-12-31 220.82 4.97 59.98 3.60
2018-09-30 216.41 -3.48 60.33 3.60
2018-06-30 216.33 -3.63 60.65 3.60
2018-03-31 213.03 -4.50 60.25 3.50
2017-12-31 208.87 -6.93 59.72 3.50
2017-09-30 209.93 0.66 59.18 3.50
2017-06-30 207.02 0.99 58.51 3.50
2017-03-31 207.42 -13.97 62.92 1.80
2016-12-31 207.08 -12.59 61.41 1.80
2016-09-30 207.56 -13.19 61.27 1.80
2016-06-30 209.69 -14.13 60.42 2.90
2016-03-31 216.48 0.31 58.57 1.70
2015-12-31 222.27 2.15 60.32 1.70
2015-09-30 232.42 4.14 63.99 1.70
2015-06-30 241.55 5.24 66.39 1.70
2015-03-31 249.63 8.84 68.56 1.40
2014-12-31 251.80 8.08 69.33 1.40
2014-09-30 249.82 7.42 68.79 1.40
2014-06-30 247.13 6.71 67.78 1.40
2014-03-31 244.78 4.88 68.95 1.30
2013-12-31 246.36 1.71 70.31 1.30
2013-09-30 244.35 0.41 70.29 1.30
2013-06-30 243.80 -0.16 71.79 1.30
2013-03-31 246.64 -6.01 74.35 2.20
2012-12-31 251.31 -2.95 75.33 2.20
2012-09-30 253.70 -1.71 76.33 2.20

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • L.S. Starrett has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • L.S. Starrett used its assets less efficiently than the US Machinery industry average last year based on Return on Assets.
  • L.S. Starrett has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess L.S. Starrett's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
L.S. Starrett has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SCX Health

 How is L.S. Starrett's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up L.S. Starrett's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • L.S. Starrett is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • L.S. Starrett's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of L.S. Starrett's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 5.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from L.S. Starrett Company Filings, last reported 3 months ago.

NYSE:SCX Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 91.17 21.04 12.85
2018-12-31 88.79 20.43 13.43
2018-09-30 86.99 20.35 14.02
2018-06-30 87.87 20.96 14.83
2018-03-31 87.06 22.42 15.44
2017-12-31 85.03 22.31 15.13
2017-09-30 93.67 17.21 12.12
2017-06-30 92.03 17.61 14.61
2017-03-31 97.02 17.50 17.06
2016-12-31 96.97 17.89 16.73
2016-09-30 90.92 18.27 21.31
2016-06-30 91.51 18.65 19.79
2016-03-31 106.58 19.03 22.23
2015-12-31 103.77 19.40 18.38
2015-09-30 103.87 20.26 20.50
2015-06-30 114.43 20.03 18.96
2015-03-31 119.83 21.00 21.06
2014-12-31 126.93 21.34 23.93
2014-09-30 129.75 21.69 26.62
2014-06-30 136.31 21.14 24.96
2014-03-31 130.54 21.88 24.57
2013-12-31 127.58 22.32 24.95
2013-09-30 128.38 23.57 29.32
2013-06-30 126.74 25.41 27.41
2013-03-31 124.44 26.55 20.46
2012-12-31 127.35 31.00 22.70
2012-09-30 127.67 30.03 23.73
  • L.S. Starrett's level of debt (23.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (16.9% vs 23.1% today).
  • Debt is well covered by operating cash flow (33.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 12.5x coverage).
X
Financial health checks
We assess L.S. Starrett's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. L.S. Starrett has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SCX Dividends

 What is L.S. Starrett's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from L.S. Starrett dividends.
If you bought $2,000 of L.S. Starrett shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate L.S. Starrett's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate L.S. Starrett's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:SCX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Machinery Industry Average Dividend Yield Market Cap Weighted Average of 75 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:SCX Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-01 0.000 0.000
2019-01-31 0.000 0.000
2018-10-31 0.000 0.000
2018-08-24 0.000 0.000
2018-05-02 0.000 0.000
2018-02-01 0.400 5.546
2017-10-27 0.400 4.778
2017-08-25 0.400 4.867
2017-04-28 0.400 4.727
2017-02-03 0.400 3.738
2016-10-27 0.400 4.006
2016-08-24 0.400 3.943
2016-04-21 0.400 3.439
2016-02-03 0.400 4.049
2015-11-04 0.400 4.026
2015-08-25 0.400 3.109
2015-05-04 0.400 2.414
2015-02-05 0.400 1.985
2014-11-05 0.400 2.356
2014-09-11 0.400 2.755
2014-09-10 0.400 2.536
2014-05-05 0.400 2.574
2014-01-30 0.400 2.394
2013-11-05 0.400 2.914
2013-09-05 0.400 3.588
2013-05-10 0.400 3.892
2013-02-07 0.400 3.762
2012-11-06 0.400 3.851
2012-09-12 0.400 3.280
2012-05-08 0.400 3.401
2012-04-16 0.400 3.111
2012-02-07 0.400 3.122
2011-11-08 0.400 3.089
2011-09-14 0.320 2.879
2010-11-04 0.240 1.994
2010-09-21 0.240 2.161
2010-05-06 0.240 2.509
2010-02-04 0.240 2.237
2009-11-05 0.480 4.963
2009-09-10 0.480 4.557
2008-09-11 0.520 5.240

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as L.S. Starrett has not reported any payouts.
  • Unable to verify if L.S. Starrett's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of L.S. Starrett's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as L.S. Starrett has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess L.S. Starrett's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can L.S. Starrett afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. L.S. Starrett has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SCX Management

 What is the CEO of L.S. Starrett's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Douglas Starrett
COMPENSATION $641,010
AGE 67
TENURE AS CEO 17.8 years
CEO Bio

Mr. Douglas A. Starrett has been the Chief Executive Officer at The L.S. Starrett Company since September 9, 2001 and has been its President since 1995. Mr. Starrett served as Chairman of The L.S. Starrett Company and has been its Director since 1984. He holds B.S. in Business from Miami University in the year 1969-1973.

CEO Compensation
  • Douglas's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Douglas's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the L.S. Starrett management team in years:

17.8
Average Tenure
67
Average Age
  • The average tenure for the L.S. Starrett management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Douglas Starrett

TITLE
President
COMPENSATION
$641K
AGE
67
TENURE
17.8 yrs

Francis O'Brien

TITLE
CFO & Treasurer
COMPENSATION
$324K
AGE
71
TENURE
9.7 yrs

Anthony Aspin

TITLE
Vice President of Sales
COMPENSATION
$260K
AGE
66
TENURE
19.5 yrs
Board of Directors Tenure

Average tenure and age of the L.S. Starrett board of directors in years:

8.8
Average Tenure
67
Average Age
  • The tenure for the L.S. Starrett board of directors is about average.
Board of Directors

Richard Kennedy

TITLE
Independent Director
COMPENSATION
$58K
AGE
76
TENURE
23.5 yrs

Douglas Starrett

TITLE
President
COMPENSATION
$641K
AGE
67
TENURE
35.5 yrs

Terry Piper

TITLE
Independent Director
COMPENSATION
$56K
AGE
74
TENURE
15.6 yrs

David Lemoine

TITLE
Independent Director
COMPENSATION
$60K
AGE
71
TENURE
8.8 yrs

Tom Riordan

TITLE
Independent Director
COMPENSATION
$28K
AGE
62
TENURE
1.5 yrs

Russell Carreker

TITLE
Director
COMPENSATION
$19K
AGE
55
TENURE
1.5 yrs

Chris Gahagan

TITLE
Independent Director
COMPENSATION
$28K
AGE
55
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
14. Dec 18 Buy Christopher Gahagan Individual 06. Dec 18 06. Dec 18 833 $4.98 $4,148
14. Dec 18 Buy Russell Carreker Individual 06. Dec 18 06. Dec 18 833 $4.98 $4,148
14. Dec 18 Buy Thomas Riordan Individual 06. Dec 18 06. Dec 18 833 $4.98 $4,148
28. Nov 18 Buy Richard Kennedy Individual 13. Sep 18 13. Sep 18 600 $6.45 $3,870
28. Nov 18 Buy Richard Kennedy Individual 13. Sep 18 13. Sep 18 833 $6.20 $5,165
28. Nov 18 Buy Francis O'Brien Individual 13. Sep 18 13. Sep 18 1,000 $6.45 $6,450
28. Nov 18 Buy Anthony Aspin Individual 13. Sep 18 13. Sep 18 666 $6.45 $4,296
28. Nov 18 Buy Terry Piper Individual 13. Sep 18 13. Sep 18 600 $6.45 $3,870
28. Nov 18 Buy Terry Piper Individual 13. Sep 18 13. Sep 18 833 $6.20 $5,165
28. Nov 18 Buy Douglas Starrett Individual 13. Sep 18 13. Sep 18 2,334 $6.45 $15,054
28. Nov 18 Buy David Lemoine Individual 13. Sep 18 13. Sep 18 600 $6.45 $3,870
28. Nov 18 Buy David Lemoine Individual 13. Sep 18 13. Sep 18 833 $6.20 $5,165
X
Management checks
We assess L.S. Starrett's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. L.S. Starrett has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SCX News

Simply Wall St News

Could The The L.S. Starrett Company (NYSE:SCX) Ownership Structure Tell Us Something Useful?

Starrett is a small cap stock, so it might not be well known by many institutional investors. … Starrett NYSE:SCX Ownership Summary, July 15th 2019 What Does The Institutional Ownership Tell Us About L.S. … Starrett does have institutional investors; and they hold 42% of the stock.

Simply Wall St -

Does Market Volatility Impact The L.S. Starrett Company's (NYSE:SCX) Share Price?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

How Does The L.S. Starrett Company (NYSE:SCX) Affect Your Portfolio Volatility?

Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one. … This suggests that including it in your portfolio will reduce volatility arising from broader market movements, assuming your portfolio's weighted average beta is higher than 0.89.

Simply Wall St -

Why The L.S. Starrett Company's (NYSE:SCX) CEO Pay Matters To You

Starrett How Does Douglas Starrett's Compensation Compare With Similar Sized Companies? … Starrett Company has a market capitalization of US$52m, and pays its CEO total annual compensation worth US$641k. … Starrett Company pays its CEO, and compared it to the amount paid by similar sized companies.

Simply Wall St -

Why You Should Care About The L.S. Starrett Company’s (NYSE:SCX) Low Return On Capital

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

Investors Who Bought L.S. Starrett (NYSE:SCX) Shares Five Years Ago Are Now Down 55%

Starrett Company (NYSE:SCX) share price has gained some 36% in the last three months. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During five years of share price growth, L.S.

Simply Wall St -

Do Institutions Own The L.S. Starrett Company (NYSE:SCX) Shares?

Starrett Company (NYSE:SCX) should be aware of the most powerful shareholder groups. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Starrett is a smaller company with a market capitalization of US$51m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

What You Must Know About The L.S. Starrett Company's (NYSE:SCX) Financial Strength

Help shape the future of investing tools and you could win a $250 gift card! … Investors are always looking for growth in small-cap stocks like The L.S. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Is The L.S. Starrett Company (NYSE:SCX) Excessively Paying Its CEO?

Starrett Company (NYSE:SCX) since 2001. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Douglas Starrett's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Does The LS Starrett Company (NYSE:SCX) Have A Volatile Share Price?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility).

Simply Wall St -

SCX Company Info

Description

The L.S. Starrett Company, together with its subsidiaries, manufactures and sells industrial, professional, and consumer measuring and cutting tools, and related products primarily in North America, Brazil, China, the United Kingdom, Australia, and New Zealand. The company’s products include precision tools, electronic gages, gage blocks, optical vision and laser measuring equipment, custom engineered granite solutions, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, and reciprocating saw blades, as well as M1 lubricant and precision ground flat stock products. It also provides measuring tools, such as micrometers, vernier calipers, height gages, depth gages, dial indicators, steel rules, and combination squares, as well as custom, non-contact, and in-process gaging products; and force measurement and material test equipment. In addition, the company offers material test systems comprising hardware and software; manual and automated field of view measurement systems; and hand tools for measuring, marking, and layout that include tapes, levels, chalk lines, and other products for building trades, and construction and retail trades. Further, it provides carbide tipped products for cutting ferrous materials, and non-ferrous metals and castings. The company primarily distributes its precision hand tools, and saw and construction products through distributors or resellers. It serves the metalworking, aerospace, and automotive markets; marine and farm equipment shops, and do-it-yourselfers; and tradesmen, which comprise builders, carpenters, plumbers, and electricians. The L.S. Starrett Company was founded in 1880 and is headquartered in Athol, Massachusetts.

Details
Name: The L.S. Starrett Company
SCX
Exchange: NYSE
Founded: 1880
$43,214,126
6,891,630
Website: http://www.starrett.com
Address: The L.S. Starrett Company
121 Crescent Street,
Athol,
Massachusetts, 01331,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE SCX Class A Common Stock New York Stock Exchange US USD 02. Jan 1968
OTCPK SCXL.B Class B Common Stock Pink Sheets LLC US USD 16. Jun 2003
Number of employees
Current staff
Staff numbers
1,572
L.S. Starrett employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 23:46
End of day share price update: 2019/07/22 00:00
Last earnings filing: 2019/05/01
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.