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.
Undervalued with excellent balance sheet and pays a dividend.
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 has not had significant price volatility in the past 3 months.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: ACU exceeded the US Commercial Services industry which returned -2.5% over the past year.
Return vs Market: ACU underperformed the US Market which returned 9.9% over the past year.
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
4 days ago | Simply Wall StAcme United (NYSEMKT:ACU) Seems To Use Debt Quite Sensibly
2 weeks ago | Simply Wall StIs Acme United Corporation (NYSEMKT:ACU) A Smart Choice For Dividend Investors?
3 weeks ago | Simply Wall StIs Acme United Corporation's (NYSEMKT:ACU) CEO Overpaid Relative To Its Peers?
Is Acme United 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: ACU ($21.39) is trading below our estimate of fair value ($240.32)
Significantly Below Fair Value: ACU is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ACU is good value based on its PE Ratio (12x) compared to the Commercial Services industry average (19.2x).
PE vs Market: ACU is good value based on its PE Ratio (12x) compared to the US market (15.7x).
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 (1.3x) compared to the US Commercial Services industry average (1.4x).
How is Acme United forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- 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.
How has Acme United performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACU has high quality earnings.
Growing Profit Margin: ACU's current net profit margins (4.1%) are higher than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: ACU's earnings have declined by -1.1% per year over the past 5 years.
Accelerating Growth: ACU's earnings growth over the past year (28.8%) exceeds its 5-year average (-1.1% per year).
Earnings vs Industry: ACU earnings growth over the past year (28.8%) exceeded the Commercial Services industry 5.8%.
Return on Equity
High ROE: ACU's Return on Equity (10.7%) is considered low.
How is Acme United's financial position?
Financial Position Analysis
Short Term Liabilities: ACU's short term assets ($69.9M) exceed its short term liabilities ($13.4M).
Long Term Liabilities: ACU's short term assets ($69.9M) exceed its long term liabilities ($38.9M).
Debt to Equity History and Analysis
Debt Level: ACU's debt to equity ratio (66.7%) is considered high.
Reducing Debt: ACU's debt to equity ratio has reduced from 69.8% to 66.7% over the past 5 years.
Debt Coverage: ACU's debt is well covered by operating cash flow (43.5%).
Interest Coverage: ACU's interest payments on its debt are well covered by EBIT (5.6x coverage).
What is Acme United's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ACU's dividend (2.24%) is higher than the bottom 25% of dividend payers in the US market (1.69%).
High Dividend: ACU's dividend (2.24%) is low compared to the top 25% of dividend payers in the US market (4.54%).
Stability and Growth of Payments
Stable Dividend: ACU's dividends per share have been stable in the past 10 years.
Growing Dividend: ACU's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.9%), ACU's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Walter Johnsen (68yo)
Mr. Walter C. Johnsen has been an Executive Chairman and Chief Executive Officer at Acme United Corp. since January 1, 2007 and November 30, 1995 respectively. Mr. Johnsen served as President of Acme Unite ...
CEO Compensation Analysis
Compensation vs Market: Walter's total compensation ($USD1.07M) is above average for companies of similar size in the US market ($USD594.10K).
Compensation vs Earnings: Walter's compensation has been consistent with company performance over the past year.
|Chairman of the Board & CEO||24.58yrs||US$1.07m||9.13% $6.5m|
|VP, CFO||18.42yrs||US$590.30k||0.96% $683.2k|
|Vice President of Technology||no data||US$182.04k||no data|
|Senior VP & GM of Asia Pacific||9.33yrs||no data||no data|
Experienced Management: ACU's management team is seasoned and experienced (15.9 years average tenure).
|Chairman of the Board & CEO||24.58yrs||US$1.07m||9.13% $6.5m|
|Independent Director||22.42yrs||US$88.54k||0.46% $326.2k|
|Independent Director||19.42yrs||US$92.01k||0.47% $335.8k|
|Independent Director||17.42yrs||US$84.14k||0.25% $179.8k|
|Independent Director||14.17yrs||US$86.72k||no data|
|Independent Director||1.17yrs||US$70.30k||no data|
Experienced Board: ACU's board of directors are seasoned and experienced ( 17.4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Acme United Corporation's company bio, employee growth, exchange listings and data sources
- Name: Acme United Corporation
- Ticker: ACU
- Exchange: AMEX
- Founded: 1867
- Industry: Office Services and Supplies
- Sector: Commercial Services
- Market Cap: US$71.394m
- Shares outstanding: 3.34m
- Website: https://www.acmeunited.com
Number of Employees
- Acme United Corporation
- 55 Walls Drive
- Suite 201
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ACU||AMEX (NYSE MKT LLC)||Yes||Common Stock||US||USD||Nov 1970|
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. It offers scissors, rulers, pencil sharpeners, paper trimmers, safety cutters, lettering products, glue guns, and other craft products under the Westcott brand name; and cutting tools for hardware and industrial, lawn and garden, food processing, sewing, and housewares channels under the Clauss brand. The company also provides fixed blade, folding knives, line of sight cutting tools, and tactical tools under the Camillus brand name; fishing tools and knives, as well as cut and puncture resistant gloves, telescopic landing nets, net containment systems, and fishing gaffs under the Cuda brand name; and sharpening tools for knives, scissors, chisels, skis, skates, and other edges under the DMT brand name. In addition, it offers first aid kits, refills, and safety products under the First Aid Only brand; portable eyewash solutions and over-the-counter medications, including active ingredients aspirin, acetaminophen, and ibuprofen under the PhysiciansCare brand; and bodily fluid and spill clean-up solutions under the Spill Magic brand, as well as through Pac-Kit brand. The company sells its products directly and through its independent manufacturer representatives to wholesale, contract, and retail stationery distributors; office supply super stores; school supply distributors; industrial distributors; wholesale florists; mass market and ecommerce retailers; and hardware chains, as well as sells a selection of products through its websites. The company was formerly known as Acme Shear Company and changed its name to Acme United Corporation in 1971. The company was founded in 1867 and is based in Fairfield, Connecticut.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/01 09:52|
|End of Day Share Price||2020/05/29 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.