Simpson Manufacturing Co., Inc., through its subsidiaries, designs, engineers, manufactures, and sells wood and concrete building construction products.
Flawless balance sheet with proven track record and pays a dividend.
Share Price & News
How has Simpson Manufacturing's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SSD's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SSD exceeded the US Building industry which returned -24.6% over the past year.
Return vs Market: SSD exceeded the US Market which returned -13.3% over the past year.
Price Volatility Vs. Market
How volatile is Simpson Manufacturing's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StA Sliding Share Price Has Us Looking At Simpson Manufacturing Co., Inc.'s (NYSE:SSD) P/E Ratio
2 weeks ago | Simply Wall StSimpson Manufacturing Co., Inc. (NYSE:SSD) Looks Interesting, And It's About To Pay A Dividend
3 weeks ago | Simply Wall StHow Does Simpson Manufacturing's (NYSE:SSD) P/E Compare To Its Industry, After The Share Price Drop?
Is Simpson Manufacturing 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: SSD ($62.33) is trading below our estimate of fair value ($79.26)
Significantly Below Fair Value: SSD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SSD is poor value based on its PE Ratio (20.8x) compared to the Building industry average (13.7x).
PE vs Market: SSD is poor value based on its PE Ratio (20.8x) compared to the US market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: SSD is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: SSD is overvalued based on its PB Ratio (3.1x) compared to the US Building industry average (1.1x).
How is Simpson Manufacturing 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: SSD's forecast earnings growth (6.6% per year) is above the savings rate (1.7%).
Earnings vs Market: SSD's earnings (6.6% per year) are forecast to grow slower than the US market (13.4% per year).
High Growth Earnings: SSD's earnings are forecast to grow, but not significantly.
Revenue vs Market: SSD's revenue (3.8% per year) is forecast to grow slower than the US market (7% per year).
High Growth Revenue: SSD's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SSD's Return on Equity is forecast to be low in 3 years time (18.3%).
How has Simpson Manufacturing performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SSD has high quality earnings.
Growing Profit Margin: SSD's current net profit margins (11.8%) are higher than last year (11.7%).
Past Earnings Growth Analysis
Earnings Trend: SSD's earnings have grown by 15.7% per year over the past 5 years.
Accelerating Growth: SSD's earnings growth over the past year (5.8%) is below its 5-year average (15.7% per year).
Earnings vs Industry: SSD earnings growth over the past year (5.8%) exceeded the Building industry -11.4%.
Return on Equity
High ROE: SSD's Return on Equity (15%) is considered low.
How is Simpson Manufacturing's financial position?
Financial Position Analysis
Short Term Liabilities: SSD's short term assets ($640.9M) exceed its short term liabilities ($158.9M).
Long Term Liabilities: SSD's short term assets ($640.9M) exceed its long term liabilities ($44.5M).
Debt to Equity History and Analysis
Debt Level: SSD is debt free.
Reducing Debt: SSD has no debt compared to 5 years ago when its debt to equity ratio was 0%.
Debt Coverage: SSD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SSD has no debt, therefore coverage of interest payments is not a concern.
What is Simpson Manufacturing's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SSD's dividend (1.48%) isn’t notable compared to the bottom 25% of dividend payers in the US market (2.01%).
High Dividend: SSD's dividend (1.48%) is low compared to the top 25% of dividend payers in the US market (5.66%).
Stability and Growth of Payments
Stable Dividend: SSD's dividends per share have been stable in the past 10 years.
Growing Dividend: SSD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.4%), SSD's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SSD's dividends in 3 years are forecast to be well covered by earnings (27.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Karen Colonias (62yo)
Ms. Karen W. Colonias serves as Chief Executive Officer of Simpson Strong-Tie Company Inc. Ms. Colonias has been the Chief Executive Officer and President at Simpson Manufacturing Co., Inc. since January 2 ...
CEO Compensation Analysis
Compensation vs Market: Karen's total compensation ($USD3.39M) is below average for companies of similar size in the US market ($USD5.69M).
Compensation vs Earnings: Karen's compensation has been consistent with company performance over the past year.
|CFO & Treasurer||8.25yrs||US$1.29m||0.12% $3.3m|
|Senior Vice President of Finance||2.5yrs||US$619.56k||0.0037% $102.5k|
|President of North American Sales - Simpson Strong-Tie Company Inc||5.75yrs||US$1.13m||0.069% $1.9m|
|Senior VP||0.92yr||no data||no data|
Experienced Management: SSD's management team is seasoned and experienced (5.8 years average tenure).
|Independent Chairman of the Board||1.25yrs||US$307.45k||0.020% $561.1k|
|Independent Director||12.92yrs||US$197.51k||0.043% $1.2m|
|Independent Director||2.92yrs||US$187.51k||0.010% $286.5k|
|Independent Director||16.17yrs||US$197.51k||0.029% $812.5k|
|Independent Director||16.17yrs||US$188.16k||0.028% $782.7k|
|Independent Director||6.25yrs||US$204.51k||0.025% $702.2k|
|Independent Director||2yrs||US$197.51k||0.0070% $194.3k|
Experienced Board: SSD's board of directors are considered experienced (6.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SSD insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Simpson Manufacturing Co., Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Simpson Manufacturing Co., Inc.
- Ticker: SSD
- Exchange: NYSE
- Founded: 1956
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: US$2.784b
- Shares outstanding: 44.37m
- Website: https://www.simpsonmfg.com
Number of Employees
- Simpson Manufacturing Co., Inc.
- 5956 West Las Positas Boulevard
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SSD||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||May 1994|
|TWL||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 1994|
Simpson Manufacturing Co., Inc., through its subsidiaries, designs, engineers, manufactures, and sells wood and concrete building construction products. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners, shearwalls, and pre-fabricated lateral systems that are used in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as for concrete construction repair, protection, and strengthening applications, which include grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products. It also provides connectors and lateral products for wood framing, timber and offsite construction, mid-rise steel construction, and cold formed steel applications; fasteners, which include various nails, screws, and staples for decking, subfloors, drywall, and roofing applications; and mechanical anchors for concrete and masonry construction applications. In addition, the company offers engineering and design services, as well as software solutions that facilitates the specification, selection, and use of its products. It markets its products to the residential construction, light industrial and commercial construction, remodeling, and do-it-yourself markets in the United States, Canada, France, the United Kingdom, Germany, Denmark, Switzerland, Portugal, Poland, the Netherlands, Belgium, Spain, Sweden, Norway, Australia, New Zealand, China, Taiwan, and Vietnam. Simpson Manufacturing Co., Inc. was founded in 1956 and is headquartered in Pleasanton, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/08 23:45|
|End of Day Share Price||2020/04/08 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.