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Lifetime Brands

Nasdaq:LCUT
Snowflake Description

Good value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LCUT
Nasdaq
$193M
Market Cap
  1. Home
  2. US
  3. Consumer Durables
Company description

Lifetime Brands, Inc. designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the United States and internationally. The last earnings update was 13 days ago. More info.


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LCUT Share Price and Events
7 Day Returns
-3.5%
NasdaqGS:LCUT
1.3%
US Consumer Durables
1.6%
US Market
1 Year Returns
-11.4%
NasdaqGS:LCUT
-0.1%
US Consumer Durables
2.6%
US Market
LCUT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Lifetime Brands (LCUT) -3.5% -2.6% -13% -11.4% -37.5% -43.7%
US Consumer Durables 1.3% 0.4% 4.3% -0.1% 40.9% 28.8%
US Market 1.6% -1.7% 2.1% 2.6% 38.5% 41.4%
1 Year Return vs Industry and Market
  • LCUT underperformed the Consumer Durables industry which returned -0.1% over the past year.
  • LCUT underperformed the Market in United States of America which returned 2.6% over the past year.
Price Volatility
LCUT
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Lifetime Brands 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
Here we compare the current share price of Lifetime Brands to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Lifetime Brands.

NasdaqGS:LCUT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.1%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:LCUT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.9
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.896 (1 + (1- 21%) (206.13%))
1.907
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.91
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.907 * 5.96%)
14.1%

Discounted Cash Flow Calculation for NasdaqGS:LCUT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Lifetime Brands is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:LCUT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 14.1%)
2019 8.56 Analyst x1 7.51
2020 34.97 Analyst x1 26.86
2021 41.42 Est @ 18.43% 27.88
2022 47.10 Est @ 13.72% 27.79
2023 52.01 Est @ 10.42% 26.90
2024 56.23 Est @ 8.11% 25.49
2025 59.88 Est @ 6.5% 23.79
2026 63.10 Est @ 5.37% 21.97
2027 65.99 Est @ 4.58% 20.14
2028 68.64 Est @ 4.02% 18.36
Present value of next 10 years cash flows $226.70
NasdaqGS:LCUT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $68.64 × (1 + 2.73%) ÷ (14.1% – 2.73%)
$620.41
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $620.41 ÷ (1 + 14.1%)10
$165.95
NasdaqGS:LCUT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $226.70 + $165.95
$392.65
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $392.65 / 20.92
$18.77
NasdaqGS:LCUT Discount to Share Price
Calculation Result
Value per share (USD) From above. $18.77
Current discount Discount to share price of $9.21
= -1 x ($9.21 - $18.77) / $18.77
50.9%

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

Current Discount
Amount off the current price Lifetime Brands is available for.
Intrinsic value
>50%
Share price is $9.21 vs Future cash flow value of $18.77
Current Discount Checks
For Lifetime Brands to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Lifetime Brands's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Lifetime Brands's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Lifetime Brands's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Lifetime Brands's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:LCUT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.25
NasdaqGS:LCUT Share Price ** NasdaqGS (2019-05-21) in USD $9.21
United States of America Consumer Durables Industry PE Ratio Median Figure of 51 Publicly-Listed Consumer Durables Companies 14.64x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 17.74x

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

** Primary Listing of Lifetime Brands.

NasdaqGS:LCUT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:LCUT Share Price ÷ EPS (both in USD)

= 9.21 ÷ 0.25

37.55x

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

  • Lifetime Brands is overvalued based on earnings compared to the US Consumer Durables industry average.
  • Lifetime Brands is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Lifetime Brands's expected growth come at a high price?
Raw Data
NasdaqGS:LCUT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 37.55x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
85.4%per year
United States of America Consumer Durables Industry PEG Ratio Median Figure of 37 Publicly-Listed Consumer Durables Companies 1.18x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

NasdaqGS:LCUT PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 37.55x ÷ 85.4%

0.44x

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

  • Lifetime Brands is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Lifetime Brands's assets?
Raw Data
NasdaqGS:LCUT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $13.20
NasdaqGS:LCUT Share Price * NasdaqGS (2019-05-21) in USD $9.21
United States of America Consumer Durables Industry PB Ratio Median Figure of 69 Publicly-Listed Consumer Durables Companies 1.33x
United States of America Market PB Ratio Median Figure of 5,202 Publicly-Listed Companies 1.84x
NasdaqGS:LCUT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:LCUT Share Price ÷ Book Value per Share (both in USD)

= 9.21 ÷ 13.20

0.7x

* Primary Listing of Lifetime Brands.

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

  • Lifetime Brands is good value based on assets compared to the US Consumer Durables industry average.
X
Value checks
We assess Lifetime Brands'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 Consumer Durables 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 Consumer Durables industry average (and greater than 0)? (1 check)
  5. Lifetime Brands has a total score of 4/6, 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.

Future Performance

 How is Lifetime Brands expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
85.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Lifetime Brands expected to grow at an attractive rate?
  • Lifetime Brands's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Lifetime Brands's earnings growth is expected to exceed the United States of America market average.
  • Lifetime Brands's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:LCUT Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:LCUT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 85.4%
NasdaqGS:LCUT Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 3.6%
United States of America Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 17.6%
United States of America Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 5.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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
NasdaqGS:LCUT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:LCUT Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 784 41 30 1
2019-12-31 754 19 15 1
NasdaqGS:LCUT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 736 24 5
2018-12-31 705 19 -2
2018-09-30 659 8 -10
2018-06-30 616 16 -12
2018-03-31 584 24 -8
2017-12-31 579 17 2
2017-09-30 590 39 16
2017-06-30 594 45 18
2017-03-31 595 45 19
2016-12-31 593 30 16
2016-09-30 585 28 12
2016-06-30 578 16 11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Lifetime Brands's earnings are expected to grow significantly at over 20% yearly.
  • Lifetime Brands's revenue is expected to grow by 3.6% yearly, however this is not considered high growth (20% yearly).
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
NasdaqGS:LCUT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Lifetime Brands Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:LCUT Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 1.36 1.36 1.36 1.00
2019-12-31 0.69 0.69 0.69 1.00
NasdaqGS:LCUT Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.25
2018-12-31 -0.09
2018-09-30 -0.58
2018-06-30 -0.73
2018-03-31 -0.54
2017-12-31 0.15
2017-09-30 1.09
2017-06-30 1.24
2017-03-31 1.31
2016-12-31 1.11
2016-09-30 0.85
2016-06-30 0.76

*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 Lifetime Brands will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Lifetime Brands'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.
Lifetime Brands has a total score of 3/6, 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.

Past Performance

  How has Lifetime Brands 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 Lifetime Brands's growth in the last year to its industry (Consumer Durables).
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.
  • Lifetime Brands's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Lifetime Brands has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Lifetime Brands has become profitable in the last year making it difficult to compare the US Consumer Durables industry average.
Earnings and Revenue History
Lifetime Brands'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 Lifetime Brands Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:LCUT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 736.30 5.01 229.14
2018-12-31 704.54 -1.72 229.25
2018-09-30 659.04 -10.46 225.53
2018-06-30 615.55 -12.07 214.43
2018-03-31 584.29 -8.11 205.13
2017-12-31 579.48 2.15 195.35
2017-09-30 590.23 15.65 192.45
2017-06-30 594.39 17.77 192.04
2017-03-31 595.05 18.68 188.21
2016-12-31 592.62 15.72 186.20
2016-09-30 584.98 11.98 185.72
2016-06-30 578.05 10.63 185.43
2016-03-31 580.94 10.10 187.11
2015-12-31 587.67 12.28 189.07
2015-09-30 591.82 10.53 190.35
2015-06-30 590.87 3.84 189.98
2015-03-31 585.26 2.37 191.85
2014-12-31 586.01 1.54 192.19
2014-09-30 560.84 1.67 180.57
2014-06-30 540.82 4.35 175.58
2014-03-31 522.48 6.98 166.24
2013-12-31 502.72 9.28 158.71
2013-09-30 492.67 15.05 153.19
2013-06-30 478.50 17.84 150.11
2013-03-31 476.46 18.97 147.36
2012-12-31 486.84 20.95 148.38
2012-09-30 469.64 11.21 146.10
2012-06-30 466.25 14.86 143.12

*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.
  • Lifetime Brands has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Lifetime Brands used its assets less efficiently than the US Consumer Durables industry average last year based on Return on Assets.
  • Lifetime Brands's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Lifetime Brands'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 Consumer Durables 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.
Lifetime Brands has a total score of 0/6, 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.

Health

 How is Lifetime Brands'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 Lifetime Brands's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Lifetime Brands is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Lifetime Brands's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Lifetime Brands'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 not covered by short term assets, assets are 0.8x 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 Lifetime Brands Company Filings, last reported 1 month ago.

NasdaqGS:LCUT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 276.31 397.20 6.32
2018-12-31 279.49 306.03 7.69
2018-09-30 272.01 352.42 5.76
2018-06-30 265.84 324.58 6.00
2018-03-31 277.74 310.06 11.90
2017-12-31 210.28 94.81 7.61
2017-09-30 208.10 128.58 5.55
2017-06-30 201.18 99.10 4.14
2017-03-31 198.70 89.06 6.31
2016-12-31 197.73 95.79 7.88
2016-09-30 197.30 140.68 5.83
2016-06-30 192.58 120.43 6.65
2016-03-31 195.96 109.21 5.88
2015-12-31 199.47 100.39 7.13
2015-09-30 187.98 156.45 6.28
2015-06-30 185.57 131.52 4.96
2015-03-31 185.53 128.38 3.42
2014-12-31 188.23 138.45 5.07
2014-09-30 182.83 161.51 4.98
2014-06-30 186.73 148.46 5.23
2014-03-31 188.46 134.47 4.22
2013-12-31 180.91 69.90 4.95
2013-09-30 170.81 96.60 2.60
2013-06-30 168.95 73.42 1.18
2013-03-31 173.32 73.34 2.43
2012-12-31 172.23 96.42 1.87
2012-09-30 153.75 108.66 1.75
2012-06-30 148.33 93.38 2.78
  • Lifetime Brands's level of debt (143.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (71.4% vs 143.8% today).
  • Debt is not well covered by operating cash flow (6.1%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.7x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Lifetime Brands'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. Lifetime Brands has a total score of 1/6, 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.

Dividends

 What is Lifetime Brands'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
1.85%
Current annual income from Lifetime Brands dividends.
If you bought $2,000 of Lifetime Brands shares you are expected to receive $37 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?
  • Lifetime Brands's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
  • Lifetime Brands's dividend is below the markets top 25% of dividend payers in United States of America (3.72%).
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
NasdaqGS:LCUT 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 1 Analyst Estimates (S&P Global) See Below
United States of America Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 2.2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

NasdaqGS:LCUT Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
NasdaqGS:LCUT Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-09 0.170 1.798
2018-11-08 0.170 1.675
2018-08-06 0.170 1.578
2018-06-29 0.170 1.339
2018-05-09 0.170 1.501
2018-05-08 0.170 1.596
2018-03-16 0.170 1.389
2018-03-15 0.170 1.358
2017-08-08 0.170 1.004
2017-06-23 0.170 0.899
2017-05-09 0.170 0.911
2017-03-16 0.170 0.861
2017-03-13 0.170 0.863
2016-11-09 0.170 1.057
2016-11-08 0.170 1.141
2016-06-10 0.170 1.218
2016-05-10 0.170 1.155
2016-03-14 0.170 1.124
2016-03-11 0.170 1.271
2015-11-06 0.170 1.349
2015-11-05 0.170 1.219
2015-08-10 0.170 1.164
2015-08-06 0.170 1.132
2015-06-12 0.150 1.006
2015-05-08 0.150 1.020
2015-05-07 0.150 1.012
2014-11-06 0.150 0.960
2014-08-05 0.150 0.909
2014-06-19 0.150 0.914
2014-05-07 0.150 0.967
2014-05-01 0.150 0.965
2013-11-07 0.150 0.930
2013-06-20 0.125 0.859
2013-03-14 0.125 0.992
2012-11-08 0.100 0.955
2012-06-13 0.100 0.828
2012-03-08 0.100 0.897
2012-02-07 0.100 0.830
2011-11-08 0.100 0.836
2011-06-27 0.100 0.932
2011-03-10 0.100 0.773
2010-11-05 0.000 0.000
2010-11-04 0.000 0.000
2010-08-09 0.000 0.000
2010-08-05 0.000 0.000
2010-05-10 0.000 0.000
2010-05-06 0.000 0.000
2010-03-18 0.000 0.000
2010-03-11 0.000 0.000
2009-11-06 0.000 0.000
2009-11-05 0.000 0.000
2009-08-10 0.000 0.000
2009-08-06 0.000 0.000

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

  • Whilst dividend payments have been stable, Lifetime Brands has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Lifetime Brands only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of Lifetime Brands's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
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 Lifetime Brands'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 Lifetime Brands afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Lifetime Brands has a total score of 2/6, see the detailed checks below.


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

Management

 What is the CEO of Lifetime Brands'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
Rob Kay
COMPENSATION $3,509,155
AGE 55
TENURE AS CEO 1.2 years
CEO Bio

Mr. Robert Bruce Kay, also known as Rob, has been Chief Executive Officer and Director of Lifetime Brands Inc. since March 2, 2018 and March 1, 2018 respectively. Mr. Kay has served as Chief Executive Officer, and Executive Chairman of Filament Brands. Mr. Kay served as the Executive Chairman of Taylor Precision Products, Inc. from June 11, 2012 to Mach 1, 2018. He is an Operating Partner of Centre Partners Management LLC. He joined Centre Partners Management in 2005, and served as a Senior Operating Partner at the firm. Mr. Kay has been the Chief Executive Officer of Global Technology Industries Inc. since January 9, 2006 and serves as its President. Mr. Kay served as an Executive Chairman and Chief Executive Officer of The oneCARE Company (now known as The Evercare Company) since December 15, 2011. He served as an Executive Chairman of Kaz, Incorporated from 2006 until 2010. Mr. Kay was a Partner of Global Technology Investments, LLC (GTI Group LLC), which he joined in 2005. From 1999 to 2005, Mr. Kay served as Chief Executive Officer of Key Components, Inc. and its President since November 1999. Mr. Kay served as President of Finance Corp. He served as the Chief Financial Officer of Key Components LLC since February 1999. From August 1998 to December 1998, he served as Senior Vice-President and Chief Financial Officer. From January 1994 to August 1998, Mr. Kay served as the Senior Vice President of Finance and Chief Financial Officer of Oxford Resources Corp. (renamed NationsBank Auto Leasing, Inc.) from 1993 until 1998. He served as Senior Manager in the management consulting practice of Deloitte & Touche where he began his career in 1986. He also served as a Management Consultant at Deloitte & Touche for six years. He served as the Vice Chairman of Kaz, Incorporated. He has been a Director of The oneCARE Company since December 15, 2011. He serves as Director of International Housewares Association. He serves as Member of the Advisory Board of Centre Partners Management LLC. Mr. Kay has been a Director of Global Technology Industries Inc. since January 9, 2006. He serves on the boards of several private companies and organizations, including Gloria Oil, Inc. Mr. Kay served as a Director of Key Components, Inc. and Key Components LLC and its subsidiary KCI since March 1999. From August 1998 to December 1998, he served as a Director of Tiffen Manufacturing Corp. He served as a Director of Finance Corp. He serves on the boards the New York Chapter of the Young President' Organization. Mr. Kay received a Master's Degree in International Finance from Columbia University and a B.S. in Industrial Relations from Cornell University.

CEO Compensation
  • Insufficient data for Rob to compare compensation growth.
  • Rob'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 Lifetime Brands management team in years:

5.9
Average Tenure
54
Average Age
  • The average tenure for the Lifetime Brands management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jeffrey Siegel

TITLE
Executive Chairman of the Board
COMPENSATION
$4M
AGE
75

Rob Kay

TITLE
CEO & Director
COMPENSATION
$4M
AGE
55
TENURE
1.2 yrs

Daniel Siegel

TITLE
President
COMPENSATION
$647K
AGE
48
TENURE
5.9 yrs

Laurence Winoker

TITLE
Senior VP of Finance
COMPENSATION
$554K
AGE
62
TENURE
11.8 yrs

Andrew Squire

TITLE
Head of Investor Relations

Sara Shindel

TITLE
General Counsel & Corporate Secretary

Evan Miller

TITLE
Executive VP & President of Sales Division
COMPENSATION
$790K
AGE
53
TENURE
17.2 yrs

Clifford Siegel

TITLE
Executive Vice President of Global Supply Chain

Jim Wells

TITLE
Executive Vice President & President of the Kitchenware Division

Tim Simmone

TITLE
Chief Integration Officer
AGE
52
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the Lifetime Brands board of directors in years:

10.6
Average Tenure
71
Average Age
  • The average tenure for the Lifetime Brands board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Rob Kay

TITLE
CEO & Director
COMPENSATION
$4M
AGE
55
TENURE
1.2 yrs

Ron Shiftan

TITLE
Vice Chairman of the Board
COMPENSATION
$742K
AGE
73
TENURE
14.5 yrs

Jeffrey Siegel

TITLE
Executive Chairman of the Board
COMPENSATION
$4M
AGE
75
TENURE
17.9 yrs

Cherrie Nanninga

TITLE
Director
COMPENSATION
$165K
AGE
69
TENURE
15.8 yrs

Michael Jeary

TITLE
Director
COMPENSATION
$153K
AGE
71
TENURE
13.9 yrs

Jack Koegel

TITLE
Lead Independent Director
COMPENSATION
$186K
AGE
66
TENURE
5.8 yrs

Mike Regan

TITLE
Director
COMPENSATION
$148K
AGE
75
TENURE
7.3 yrs

Craig Phillips

TITLE
Director
COMPENSATION
$132K
AGE
68
TENURE
45.3 yrs

Dennis Reaves

TITLE
Director
COMPENSATION
$167K
AGE
75
TENURE
5.5 yrs

Michael Schnabel

TITLE
Director
COMPENSATION
$156K
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
17. May 19 Buy Taylor Parent, LLC Company 16. May 19 17. May 19 63,906 $9.60 $613,175
15. May 19 Buy Centre Partners Management LLC Company 13. May 19 15. May 19 44,502 $9.53 $422,880
25. Mar 19 Buy Centre Partners Management LLC Company 21. Mar 19 22. Mar 19 100,000 $9.49 $948,955
20. Mar 19 Buy Centre Partners Management LLC Company 18. Mar 19 20. Mar 19 124,171 $9.43 $1,168,786
10. Dec 18 Buy Centre Partners Management LLC Company 07. Dec 18 07. Dec 18 9,058 $12.02 $108,878
06. Dec 18 Buy Centre Partners Management LLC Company 03. Dec 18 06. Dec 18 18,387 $12.20 $223,369
30. Nov 18 Buy Centre Partners Management LLC Company 28. Nov 18 28. Nov 18 848 $11.33 $9,606
22. Nov 18 Buy Taylor Parent, LLC Company 20. Nov 18 20. Nov 18 462 $10.80 $4,990
19. Nov 18 Buy Centre Partners Management LLC Company 15. Nov 18 19. Nov 18 10,453 $10.78 $112,350
15. Nov 18 Buy Centre Partners Management LLC Company 15. Nov 18 15. Nov 18 1,116 $10.48 $11,701
14. Nov 18 Buy Centre Partners Management LLC Company 12. Nov 18 14. Nov 18 28,213 $10.37 $289,763
28. Aug 18 Sell Ronald Shiftan Individual 27. Aug 18 27. Aug 18 -1,000 $12.15 $-12,150
17. Aug 18 Sell William Westerfield Individual 16. Aug 18 16. Aug 18 -1,918 $12.00 $-23,016
X
Management checks
We assess Lifetime Brands'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. Lifetime Brands 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.

News

Simply Wall St News

What You Should Know About Lifetime Brands, Inc.'s (NASDAQ:LCUT) Financial Strength

Want to participate in a short research study? … Help shape the future of investing tools and you could win a $250 gift card! … (NASDAQ:LCUT) with its market cap of US$194m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Investors In Lifetime Brands, Inc. (NASDAQ:LCUT) Should Consider This Data

A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … Historically, Lifetime Brands, Inc. … Let's dig deeper into whether Lifetime Brands should have a place in your portfolio.

Simply Wall St -

Did You Manage To Avoid Lifetime Brands's (NASDAQ:LCUT) 48% Share Price Drop?

We also note that the stock has performed poorly over the last year, with the share price down 36%. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Over five years Lifetime Brands's earnings per share dropped significantly, falling to a loss, with the share price also lower.

Simply Wall St -

What Should Investors Know About Lifetime Brands Inc's (NASDAQ:LCUT) Capital Returns?

This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock. … To understand Lifetime Brands’s capital returns we will look at a useful metric called return on capital employed.

Simply Wall St -

What Should You Know About Lifetime Brands Inc's (NASDAQ:LCUT) Capital Returns?

and looking to gauge the potential return on investment in Lifetime Brands Inc (NASDAQ:LCUT). … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … Therefore, looking at how efficiently Lifetime Brands is able to use capital to create earnings will help us understand your potential return.

Simply Wall St -

Lifetime Brands Inc (NASDAQ:LCUT): Risks You Need To Consider Before Buying

If you are looking to invest in Lifetime Brands Inc’s (NASDAQ:LCUT), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … Different characteristics of a stock expose it to various levels of market risk. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one.

Simply Wall St -

Income Investors Should Steer Clear of Lifetime Brands Inc (NASDAQ:LCUT)

Over the past 10 years, Lifetime Brands Inc (NASDAQ:LCUT) has returned an average of 1.00% per year to shareholders in terms of dividend yield. … Let's dig deeper into whether Lifetime Brands should have a place in your portfolio. … View out our latest analysis for Lifetime Brands

Simply Wall St -

Is It The Right Time To Buy Lifetime Brands Inc (NASDAQ:LCUT)?

As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value? … Is there still an opportunity here to buy. … Today I will analyse the most recent data on Lifetime Brands’s outlook and valuation to see if the opportunity still exists

Simply Wall St -

What You Must Know About Lifetime Brands Inc's (NASDAQ:LCUT) Financial Strength

Over the past year, LCUT has maintained its debt levels at around US$94.83M made up of current and long term debt. … On top of this, LCUT has produced US$17.01M in operating cash flow during the same period of time, leading to an operating cash to total debt ratio of 17.93%, indicating that LCUT’s current level of operating cash is not high enough to cover debt. … For LCUT, the ratio of 4.62x suggests that interest is appropriately covered, which means that lenders may be inclined to lend more money to the company, as it is seen as safe in terms of payback.Next Steps: LCUT’s debt and cash flow levels indicate room for improvement.

Simply Wall St -

What Is Lifetime Brands Inc's (NASDAQ:LCUT) Share Price Doing?

Lifetime Brands Inc (NASDAQ:LCUT), a consumer durables company based in United States, saw significant share price volatility over the past couple of months on the NasdaqGS, rising to the highs of $18.35 and falling to the lows of $13.45. … Let’s take a look at Lifetime Brands’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. … Its buoyant future outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy LCUT.

Simply Wall St -

Company Info

Description

Lifetime Brands, Inc. designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the United States and internationally. The company operates through two segments, U.S. and International. It offers kitchenware products, including kitchen tools and gadgets, cutlery, cutting boards, shears, cookware, pantryware, spice racks, and bakeware, as well as kitchen scales; and tableware products comprising dinnerware, stemware, flatware, and giftware. The company also provides home solutions, which comprise other products that are used in the home, such as thermal beverageware, bath scales, weather and outdoor household products, food storage, and home décor, as well as neoprene travel products. In addition, it owns or licenses various brands, including Farberware, Mikasa, KitchenAid, Taylor, Pfaltzgraff, KitchenCraft, Rabbit, Fitz and Floyd, Kamenstein, BUILT NY, MasterClass, Amco Houseworks, Chicago Metallic, Swing-A-Way, and Copco brands. The company serves mass merchants, specialty stores, national chains, department stores, warehouse clubs, supermarkets, off-price retailers, pharmacies, home and garden centers, and Internet retailers, as well as directly to consumers through its Internet Websites. Lifetime Brands, Inc. was founded in 1945 and is headquartered in Garden City, New York.

Details
Name: Lifetime Brands, Inc.
LCUT
Exchange: NasdaqGS
Founded: 1945
$192,691,316
20,921,967
Website: http://www.lifetimebrands.com
Address: Lifetime Brands, Inc.
1000 Stewart Avenue,
Garden City,
New York, 11530,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS LCUT Common Stock Nasdaq Global Select US USD 05. Jun 1991
Number of employees
Current staff
Staff numbers
1,500
Lifetime Brands employees.
Industry
Housewares and Specialties
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 05:50
End of day share price update: 2019/05/21 00:00
Last estimates confirmation: 2019/05/10
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


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.