Lifetime Brands

Market Cap

US$172.8m

Last Updated

2019/10/20 00:04 UTC

Data Sources

Company Financials +

Executive Summary

Lifetime Brands, Inc. designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the United States and internationally.

Snowflake

Fundamentals

Fair value with worrying balance sheet.

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Share Price & News

How has Lifetime Brands's share price performed over time and what events caused price changes?

Latest Share Price and Events

Market Performance

7 Day Return

-1.7%

LCUT

2.6%

US Consumer Durables

0.4%

US Market

1 Year Return

-16.9%

LCUT

45.1%

US Consumer Durables

6.9%

US Market

Return vs Industry: LCUT underperformed the US Consumer Durables industry which returned 45.1% over the past year.

Return vs Market: LCUT underperformed the US Market which returned 6.9% over the past year.

Shareholder returns

	LCUT	Industry	Market
7 Day	-1.7%	2.6%	0.4%
30 Day	-10.3%	4.2%	-1.1%
90 Day	-14.4%	8.0%	-0.5%
1 Year	-15.4%-16.9%	47.1%45.1%	9.3%6.9%
3 Year	-38.5%-40.9%	53.2%48.5%	45.8%36.4%
5 Year	-45.7%-48.9%	41.9%33.0%	62.9%45.1%
Include Dividend Returns

Price Volatility Vs. Market

How volatile is Lifetime Brands's share price compared to the market and industry in the last 5 years?

Simply Wall St News

5 days ago | Simply Wall St

Does Lifetime Brands (NASDAQ:LCUT) Have A Healthy Balance Sheet?

1 month ago | Simply Wall St

Some Lifetime Brands (NASDAQ:LCUT) Shareholders Are Down 44%

1 month ago | Simply Wall St

Does The Lifetime Brands, Inc. (NASDAQ:LCUT) Share Price Fall With The Market?

Valuation

Is Lifetime Brands undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Undervalued: LCUT ($8.13) is trading below our estimate of fair value ($16.6)

Significantly Undervalued: LCUT is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: LCUT is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.

PE vs Market: LCUT is unprofitable, so we can't compare its PE Ratio to the US market.

Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate LCUT's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: LCUT is good value based on its PB Ratio (0.7x) compared to the US Consumer Durables industry average (1.6x).

Next Steps

Explore potentially undervalued companies in the Consumer Durables industry.

Future Growth

How is Lifetime Brands forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

86.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LCUT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: LCUT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: LCUT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: LCUT's revenue (4.3% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: LCUT's revenue (4.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

High Future ROE: LCUT's Return on Equity is forecast to be low in 3 years time (6.7%).

Next Steps

Explore growth companies in the Consumer Durables industry.

Past Performance

How has Lifetime Brands performed over the past 5 years?

-20.0%

Historical annual earnings growth

Earnings and Revenue History

Past Earnings Growth Analysis

Earnings Trend: LCUT is unprofitable, and losses have increased over the past 5 years at a rate of -20% per year.

Accelerating Growth: Unable to compare LCUT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LCUT is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (13.5%).

Return on Equity

High ROE: LCUT has a negative Return on Equity (-0.17%), as it is currently unprofitable.

Return on Assets

ROA vs Industry: LCUT is currently unprofitable, so its Return on Assets is negative.

Return on Capital Employed

ROCE Improving: LCUT is currently unprofitable, so its Return on Capital Employed is negative.

Next Steps

Explore strong past performing companies in the Consumer Durables industry.

Financial Health

How is Lifetime Brands's financial position?

Financial Position Analysis

Short Term Liabilities: LCUT's short term assets ($330.7M) exceeds its short term liabilities ($123.9M)

Long Term Liabilities: LCUT's short term assets (330.7M) do not cover its long term liabilities (435.7M)

Debt to Equity History and Analysis

Debt Level: LCUT's debt to equity ratio (117.2%) is considered high

Reducing Debt: LCUT's debt to equity ratio has increased from 79.6% to 117.2% over the past 5 years.

Debt Coverage: LCUT's debt is not well covered by operating cash flow (10.4%).

Interest Coverage: LCUT is unprofitable, therefore interest payments are not well covered by earnings.

Balance Sheet

Inventory Level: LCUT has a high level of physical assets or inventory.

Debt Coverage by Assets: LCUT's debt is covered by short term assets (assets are 1.072760x debt).

Next Steps

Explore more healthy companies in the Consumer Durables industry.

Dividend

What is Lifetime Brands's current dividend yield, its reliability and sustainability?

2.09%

Current Dividend Yield

Upcoming Dividend Payment

Purchase Lifetime Brands before the 'Buy Limit' to receive their next dividend payment.

Dividend Yield vs Market

Current dividend yield vs market & industry

Stability and Growth of Payments

Notable Dividend: LCUT's dividend (2.09%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: LCUT's dividend (2.09%) is low compared to the top 25% of dividend payers in the US market (3.73%).

Stable Dividend: LCUT's dividend payments have been volatile in the past 10 years.

Growing Dividend: LCUT's dividend payments have fallen over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: LCUT is paying a dividend but the company is unprofitable.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Next Steps

Explore strong dividend paying companies in the Consumer Durables industry.

Management

What is the CEO of Lifetime Brands's salary, the management and board of directors tenure and is there insider trading?

6.3yrs

Average management tenure

CEO

Rob Kay (56yo)

1.6yrs

Tenure

US$3,509,155

Compensation

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 Offi ...

CEO Compensation Analysis

Compensation vs. Market: Rob has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.

Compensation vs Earnings: Insufficient data to compare Rob's compensation with company performance.

Management Age and Tenure

6.3yrs

Average Tenure

55yo

Average Age

Experienced Management: LCUT's management team is seasoned and experienced (6.3 years average tenure).

Board Age and Tenure

7.0yrs

Average Tenure

70yo

Average Age

Experienced Board: LCUT's board of directors are considered experienced (7 years average tenure).

Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

BuyUS$613,17517 May 19

Taylor Parent, LLC

Entity	Company
Shares	63,906
Max Price	US$9.60

BuyUS$422,88015 May 19