NasdaqGS:LCUT

Stock Analysis Report

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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 Analysis

Fair value with worrying balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: LCUT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

14.8%

LCUT

2.1%

US Consumer Durables

3.0%

US Market


1 Year Return

1.1%

LCUT

23.5%

US Consumer Durables

15.8%

US Market

Return vs Industry: LCUT underperformed the US Consumer Durables industry which returned 23.7% over the past year.

Return vs Market: LCUT underperformed the US Market which returned 15.4% over the past year.


Shareholder returns

LCUTIndustryMarket
7 Day14.8%2.1%3.0%
30 Day14.1%14.3%6.0%
90 Day64.4%36.6%16.4%
1 Year2.9%1.1%25.0%23.5%18.4%15.8%
3 Year-46.8%-49.3%14.3%9.4%44.8%35.4%
5 Year-41.9%-45.8%25.6%18.2%75.7%56.7%

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

Valuation

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

32.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LCUT ($8.09) is trading below our estimate of fair value ($12.05)

Significantly Below Fair Value: 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 US 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

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 (0.9x) compared to the US Consumer Durables industry average (1.7x).


Next Steps

Future Growth

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

132.9%

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 (1.6% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: LCUT's revenue (1.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if LCUT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Lifetime Brands performed over the past 5 years?

-70.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LCUT is currently unprofitable.

Growing Profit Margin: LCUT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LCUT is unprofitable, and losses have increased over the past 5 years at a rate of 70.9% 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 (15.8%).


Return on Equity

High ROE: LCUT has a negative Return on Equity (-33.7%), as it is currently unprofitable.


Next Steps

Financial Health

How is Lifetime Brands's financial position?


Financial Position Analysis

Short Term Liabilities: LCUT's short term assets ($349.2M) exceed its short term liabilities ($89.1M).

Long Term Liabilities: LCUT's short term assets ($349.2M) do not cover its long term liabilities ($468.4M).


Debt to Equity History and Analysis

Debt Level: LCUT's debt to equity ratio (169.8%) is considered high.

Reducing Debt: LCUT's debt to equity ratio has increased from 69.2% to 169.8% over the past 5 years.

Debt Coverage: LCUT's debt is not well covered by operating cash flow (13.5%).

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


Balance Sheet


Next Steps

Dividend

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

2.10%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: LCUT's dividend (2.1%) is higher than the bottom 25% of dividend payers in the US market (1.65%).

High Dividend: LCUT's dividend (2.1%) is low compared to the top 25% of dividend payers in the US market (4.45%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, LCUT has been paying a dividend for less than 10 years.

Growing Dividend: LCUT's dividend payments have increased, but the company has only paid a dividend for 9 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

Management

How experienced are the management team and are they aligned to shareholders interests?

5.0yrs

Average management tenure


CEO

Rob Kay (57 yo)

2.42yrs

Tenure

US$3,004,661

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's total compensation ($USD3.00M) is above average for companies of similar size in the US market ($USD1.33M).

Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Siegel
Executive Chairman of the Board19.17yrsUS$2.42m5.61%
$ 9.9m
Robert Kay
CEO & Director2.42yrsUS$3.00m0.91%
$ 1.6m
Daniel Siegel
President7.17yrsUS$890.88k1.94%
$ 3.4m
Laurence Winoker
Senior VP of Finance13.08yrsUS$628.11k0.39%
$ 682.5k
Andrew Squire
Head of Investor Relationsno datano datano data
Sara Shindel
General Counsel & Corporate Secretaryno datano datano data
Evan Miller
Executive VP & President of Sales Division18.42yrsUS$790.13kno data
Clifford Siegel
Executive Vice President of Global Supply Chainno datano datano data
James Wells
Executive VP & President of the Kitchenware Divisionno datano datano data
Timothy Simmone
Chief Integration Officer2.42yrsno datano data
John Swartz
President of Built Divisionno datano datano data
Steven Baram
President of the Fitz and Floyd Division2.92yrsno datano data

5.0yrs

Average Tenure

56yo

Average Age

Experienced Management: LCUT's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Siegel
Executive Chairman of the Board19.17yrsUS$2.42m5.61%
$ 9.9m
Robert Kay
CEO & Director2.42yrsUS$3.00m0.91%
$ 1.6m
Craig Phillips
Independent Director46.58yrsUS$137.50k3.07%
$ 5.4m
Bruce Pollack
Independent Director2.42yrsUS$139.50k0.12%
$ 205.8k
Michael Schnabel
Independent Director2.42yrsUS$137.50k0.12%
$ 205.8k
Cherrie Nanninga
Independent Director17yrsUS$163.50k0.28%
$ 486.7k
Michael Regan
Independent Director8.58yrsUS$156.50k0.21%
$ 361.9k
John Koegel
Lead Independent Director7yrsUS$188.00k0.27%
$ 468.0k
Véronique Gabaï-Pinsky
Independent Director0.17yrno data0.048%
$ 85.4k
Rachael Jarosh
Independent Director0.58yrno data0.068%
$ 119.8k

4.7yrs

Average Tenure

68yo

Average Age

Experienced Board: LCUT's board of directors are considered experienced (4.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4%.


Top Shareholders

Company Information

Lifetime Brands, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lifetime Brands, Inc.
  • Ticker: LCUT
  • Exchange: NasdaqGS
  • Founded: 1945
  • Industry: Housewares and Specialties
  • Sector: Consumer Durables
  • Market Cap: US$176.109m
  • Shares outstanding: 21.77m
  • Website: https://www.lifetimebrands.com

Number of Employees


Location

  • Lifetime Brands, Inc.
  • 1000 Stewart Avenue
  • Garden City
  • New York
  • 11530
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LCUTNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJun 1991

Biography

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 provides kitchenware products, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/07 00:54
End of Day Share Price2020/08/06 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.