Acme United
Market Cap
US$109.9m
Last Updated
2021/01/14 23:52 UTC
Data Sources
Company Financials
Executive Summary
Acme United Corporation, together with its subsidiaries, supplies cutting, measuring, first aid, sharpening, and safety products to the school, home, office, hardware, sporting good, and industrial markets in the United States, Canada, Europe, and Asia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Acme United's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ACU is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: ACU's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
6.5%
ACU
-3.0%
US Commercial Services
0.6%
US Market
1 Year Return
35.9%
ACU
6.5%
US Commercial Services
21.0%
US Market
Return vs Industry: ACU exceeded the US Commercial Services industry which returned 9% over the past year.
Return vs Market: ACU exceeded the US Market which returned 22% over the past year.
Shareholder returns
| ACU | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.5% | -3.0% | 0.6% |
| 30 Day | 17.8% | -1.0% | 4.2% |
| 90 Day | 34.3% | 2.8% | 12.4% |
| 1 Year | 38.8%35.9% | 7.9%6.5% | 23.7%21.0% |
| 3 Year | 47.5%37.8% | 45.2%35.6% | 47.4%37.6% |
| 5 Year | 161.0%134.8% | 139.8%114.6% | 131.6%105.9% |
Long-Term Price Volatility Vs. Market
How volatile is Acme United's share price compared to the market and industry in the last 5 years?
Simply Wall St News
12 hours ago | Simply Wall St
The Returns At Acme United (NYSEMKT:ACU) Provide Us With Signs Of What's To Come1 week ago | Simply Wall St
There's A Lot To Like About Acme United's (NYSEMKT:ACU) Upcoming US$0.13 Dividend3 weeks ago | Simply Wall St
Do Its Financials Have Any Role To Play In Driving Acme United Corporation's (NYSEMKT:ACU) Stock Up Recently?Valuation
Is Acme United undervalued compared to its fair value and its price relative to the market?
15.65x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ACU ($32.9) is trading above our estimate of fair value ($9.88)
Significantly Below Fair Value: ACU is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ACU is good value based on its PE Ratio (15.7x) compared to the US Commercial Services industry average (26.7x).
PE vs Market: ACU is good value based on its PE Ratio (15.7x) compared to the US market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ACU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ACU is good value based on its PB Ratio (1.8x) compared to the US Commercial Services industry average (2.3x).
Next Steps
Future Growth
How is Acme United forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
25.8%
Forecasted Commercial Services 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 Acme United 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.
Next Steps
- Examine whether Acme United is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Acme United competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
Past Performance
How has Acme United performed over the past 5 years?
2.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACU has high quality earnings.
Growing Profit Margin: ACU's current net profit margins (4.5%) are higher than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: ACU's earnings have grown by 2.4% per year over the past 5 years.
Accelerating Growth: ACU's earnings growth over the past year (37%) exceeds its 5-year average (2.4% per year).
Earnings vs Industry: ACU earnings growth over the past year (37%) exceeded the Commercial Services industry -9%.
Return on Equity
High ROE: ACU's Return on Equity (11.6%) is considered low.
Next Steps
Financial Health
How is Acme United's financial position?
Financial Position Analysis
Short Term Liabilities: ACU's short term assets ($85.7M) exceed its short term liabilities ($23.7M).
Long Term Liabilities: ACU's short term assets ($85.7M) exceed its long term liabilities ($38.7M).
Debt to Equity History and Analysis
Debt Level: ACU's debt to equity ratio (61.8%) is considered high.
Reducing Debt: ACU's debt to equity ratio has reduced from 65.2% to 61.8% over the past 5 years.
Debt Coverage: ACU's debt is well covered by operating cash flow (24.5%).
Interest Coverage: ACU's interest payments on its debt are well covered by EBIT (9.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Acme United current dividend yield, its reliability and sustainability?
1.58%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ACU's dividend (1.58%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: ACU's dividend (1.58%) is low compared to the top 25% of dividend payers in the US market (3.88%).
Stability and Growth of Payments
Stable Dividend: ACU's dividends per share have been stable in the past 10 years.
Growing Dividend: ACU's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.8%), ACU'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?
16.5yrs
Average management tenure
CEO
Walter Johnsen (69 yo)
25.17yrs
Tenure
US$1,066,525
Compensation
Mr. Walter C. Johnsen has been an Executive Chairman and Chief Executive Officer at Acme United Corp. since January 1, 2007 and November 30, 1995 respectively. Mr. Johnsen served as President of Acme Unite...
CEO Compensation Analysis
Compensation vs Market: Walter's total compensation ($USD1.07M) is above average for companies of similar size in the US market ($USD541.25K).
Compensation vs Earnings: Walter's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 25.17yrs | US$1.07m | 9.13% $ 10.0m | |
| President | 21yrs | US$901.21k | 1.65% $ 1.8m | |
| VP, CFO | 19yrs | US$590.30k | 1.11% $ 1.2m | |
| Vice President of Technology | no data | US$182.04k | no data | |
| Senior VP & GM of Asia Pacific | 9.92yrs | no data | no data |
16.5yrs
Average Tenure
63yo
Average Age
Experienced Management: ACU's management team is seasoned and experienced (16.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 25.17yrs | US$1.07m | 9.13% $ 10.0m | |
| President | 21yrs | US$901.21k | 1.65% $ 1.8m | |
| Independent Director | 23yrs | US$88.54k | 0.46% $ 501.7k | |
| Independent Director | 20yrs | US$92.01k | 0.47% $ 516.5k | |
| Independent Director | 18yrs | US$84.14k | 0.25% $ 276.6k | |
| Independent Director | 14.75yrs | US$86.72k | 0% $ 0 | |
| Independent Director | 1.75yrs | US$70.30k | 0% $ 0 |
18.0yrs
Average Tenure
68yo
Average Age
Experienced Board: ACU's board of directors are seasoned and experienced ( 18 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Acme United Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Acme United Corporation
- Ticker: ACU
- Exchange: AMEX
- Founded: 1867
- Industry: Office Services and Supplies
- Sector: Commercial Services
- Market Cap: US$109.850m
- Shares outstanding: 3.34m
- Website: https://www.acmeunited.com
Number of Employees
Location
- Acme United Corporation
- 55 Walls Drive
- Suite 201
- Fairfield
- Connecticut
- 6824
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ACU | AMEX (NYSE MKT LLC) | Yes | Common Stock | US | USD | Nov 1970 |
| UT1 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 1970 |
Biography
Acme United Corporation, together with its subsidiaries, supplies cutting, measuring, first aid, sharpening, and safety products to the school, home, office, hardware, sporting good, and industrial markets...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/14 23:52 |
| End of Day Share Price | 2021/01/14 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.