Lifetime Brands
- Home ›
- US ›
- Consumer Durables
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.
Add to Portfolio Compare Print
LCUT Share Price and Events
7 Day Returns
1 Year Returns
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.
Value
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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Lifetime Brands.
| 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.
| 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.
| 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 | ||
| 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 |
| 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 |
| 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
Current Discount Checks
- 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?
| 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.
| 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?
| 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 .
| 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?
| 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 |
| 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.
Value checks
We assess Lifetime Brands's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Consumer Durables industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Consumer Durables industry average (and greater than 0)? (1 check) 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
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!
Earnings growth vs Low Risk Savings
- 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
| 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
| 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 |
| 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 |
| 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.
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.
| 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 |
| 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.
Future performance checks
We assess Lifetime Brands's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
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
Past Earnings growth analysis
- 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
All data from Lifetime Brands Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| 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).
Past performance checks
We assess Lifetime Brands's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Consumer Durables industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
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.
- 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
Assets
Liabilities and shares
- 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.
All data from Lifetime Brands Company Filings, last reported 1 month ago.
| 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).
Financial health checks
We assess Lifetime Brands's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Lifetime Brands has a total score of 1/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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
If you bought
$2,000 of
Lifetime Brands
shares you are expected to receive
$37
in your first year as a dividend.
Dividend Amount
- 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.
| 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.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-12-31 | ||
| 2019-12-31 |
| 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.
Income/ dividend checks
We assess Lifetime Brands's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- 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) 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
CEO
| 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:
- 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
Executive Chairman of the Board
$4M
75
Rob Kay
CEO & Director
$4M
55
1.2 yrs
Daniel Siegel
President
$647K
48
5.9 yrs
Laurence Winoker
Senior VP of Finance
$554K
62
11.8 yrs
Andrew Squire
Head of Investor Relations
Sara Shindel
General Counsel & Corporate Secretary
Evan Miller
Executive VP & President of Sales Division
$790K
53
17.2 yrs
Clifford Siegel
Executive Vice President of Global Supply Chain
Jim Wells
Executive Vice President & President of the Kitchenware Division
Tim Simmone
Chief Integration Officer
52
1.2 yrs
Board of Directors Tenure
Average tenure and age of the Lifetime Brands board of directors in years:
- 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
CEO & Director
$4M
55
1.2 yrs
Ron Shiftan
Vice Chairman of the Board
$742K
73
14.5 yrs
Jeffrey Siegel
Executive Chairman of the Board
$4M
75
17.9 yrs
Cherrie Nanninga
Director
$165K
69
15.8 yrs
Michael Jeary
Director
$153K
71
13.9 yrs
Jack Koegel
Lead Independent Director
$186K
66
5.8 yrs
Mike Regan
Director
$148K
75
7.3 yrs
Craig Phillips
Director
$132K
68
45.3 yrs
Dennis Reaves
Director
$167K
75
5.5 yrs
Michael Schnabel
Director
$156K
1.2 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | 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 | ||
Management checks
We assess Lifetime Brands's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) 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 - – Full articleInvestors 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 - – Full articleDid 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 - – Full articleWhat 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 - – Full articleWhat 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 - – Full articleLifetime 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 - – Full articleIncome 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 - – Full articleIs 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 - – Full articleWhat 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 - – Full articleWhat 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 - – Full articleCompany 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
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.
