NasdaqGS:LCUT

Stock Analysis Report

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.


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


Market Performance


7 Day Return

4.7%

LCUT

2.5%

US Consumer Durables

2.3%

US Market


1 Year Return

-14.4%

LCUT

38.5%

US Consumer Durables

5.6%

US Market

Return vs Industry: LCUT underperformed the US Consumer Durables industry which returned 38.5% over the past year.

Return vs Market: LCUT underperformed the US Market which returned 5.6% over the past year.


Shareholder returns

LCUTIndustryMarket
7 Day4.7%2.5%2.3%
30 Day-3.0%2.3%-1.0%
90 Day-11.5%7.0%-0.7%
1 Year-12.9%-14.4%40.3%38.5%7.9%5.6%
3 Year-35.7%-38.2%51.1%46.5%45.6%36.3%
5 Year-43.7%-47.0%41.4%32.7%65.8%47.6%

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?

49.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: LCUT ($8.43) 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

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 (7.3% 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

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

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

Dividend

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

2.02%

Current Dividend Yield


Upcoming Dividend Payment

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


Dividend Yield vs Market

company2.0%marketbottom25%1.5%markettop25%3.8%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: LCUT's dividend (2.02%) is higher than the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: LCUT's dividend (2.02%) is low compared to the top 25% of dividend payers in the US market (3.76%).

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

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

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Ownership Breakdown


Management Team

  • Jeffrey Siegel (76yo)

    Executive Chairman of the Board

    • Tenure: 18.3yrs
    • Compensation: US$4.24m
  • Rob Kay (56yo)

    CEO & Director

    • Tenure: 1.6yrs
    • Compensation: US$3.51m
  • Laurence Winoker (63yo)

    Senior VP of Finance

    • Tenure: 12.3yrs
    • Compensation: US$554.45k
  • Tim Simmone (53yo)

    Chief Integration Officer

    • Tenure: 1.6yrs
  • Evan Miller (54yo)

    Executive VP & President of Sales Division

    • Tenure: 17.6yrs
    • Compensation: US$790.13k
  • Sara Shindel

    General Counsel & Corporate Secretary

    • Tenure: 0yrs
  • Daniel Siegel (49yo)

    President

    • Tenure: 6.3yrs
    • Compensation: US$647.23k
  • Clifford Siegel

    Executive Vice President of Global Supply Chain

    • Tenure: 0yrs
  • Jim Wells

    Executive Vice President & President of the Kitchenware Division

    • Tenure: 0yrs
  • Andrew Squire

    Head of Investor Relations

    • Tenure: 0yrs

Board Members

  • Jeffrey Siegel (76yo)

    Executive Chairman of the Board

    • Tenure: 18.3yrs
    • Compensation: US$4.24m
  • Craig Phillips (69yo)

    Director

    • Tenure: 45.8yrs
    • Compensation: US$131.50k
  • Bruce Pollack (57yo)

    Independent Director

    • Tenure: 1.6yrs
    • Compensation: US$158.08k
  • Rob Kay (56yo)

    CEO & Director

    • Tenure: 1.6yrs
    • Compensation: US$3.51m
  • Michael Jeary (72yo)

    Independent Director

    • Tenure: 14.3yrs
    • Compensation: US$153.00k
  • Michael Schnabel

    Independent Director

    • Tenure: 1.6yrs
    • Compensation: US$156.08k
  • Cherrie Nanninga (70yo)

    Independent Director

    • Tenure: 16.2yrs
    • Compensation: US$164.50k
  • Mike Regan (76yo)

    Independent Director

    • Tenure: 7.8yrs
    • Compensation: US$148.00k
  • Jack Koegel (67yo)

    Lead Independent Director

    • Tenure: 6.2yrs
    • Compensation: US$185.50k
  • Dennis Reaves (76yo)

    Independent Director

    • Tenure: 5.9yrs
    • Compensation: US$167.00k

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$179.181m
  • Shares outstanding: 21.26m
  • 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 operates through two segments, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 23:59
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.