Culp, Inc. manufactures, sources, markets, and sells mattress fabrics, sewn covers, and cut and sewn kits for use in mattresses, foundations, and other bedding products in North America, the Far East, Asia, and internationally. More Details
Flawless balance sheet with moderate growth potential.
Share Price & News
How has Culp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CULP has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CULP underperformed the US Luxury industry which returned 19.8% over the past year.
Return vs Market: CULP underperformed the US Market which returned 12% over the past year.
Price Volatility Vs. Market
How volatile is Culp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs It Time To Consider Buying Culp, Inc. (NYSE:CULP)?
4 weeks ago | Simply Wall StDon't Race Out To Buy Culp, Inc. (NYSE:CULP) Just Because It's Going Ex-Dividend
1 month ago | Simply Wall StCould The Culp, Inc. (NYSE:CULP) Ownership Structure Tell Us Something Useful?
Is Culp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CULP ($12.41) is trading below our estimate of fair value ($13.75)
Significantly Below Fair Value: CULP is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CULP is unprofitable, so we can't compare its PE Ratio to the US Luxury industry average.
PE vs Market: CULP 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 CULP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CULP is good value based on its PB Ratio (1.2x) compared to the US Luxury industry average (1.5x).
How is Culp forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CULP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: CULP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CULP's is expected to become profitable in the next 3 years.
Revenue vs Market: CULP's revenue (3.9% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: CULP's revenue (3.9% 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 CULP's Return on Equity is forecast to be high in 3 years time
How has Culp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CULP is currently unprofitable.
Growing Profit Margin: CULP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CULP is unprofitable, and losses have increased over the past 5 years at a rate of 31% per year.
Accelerating Growth: Unable to compare CULP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CULP is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-41.2%).
Return on Equity
High ROE: CULP has a negative Return on Equity (-12.45%), as it is currently unprofitable.
How is Culp's financial position?
Financial Position Analysis
Short Term Liabilities: CULP's short term assets ($120.7M) exceed its short term liabilities ($37.6M).
Long Term Liabilities: CULP's short term assets ($120.7M) exceed its long term liabilities ($21.1M).
Debt to Equity History and Analysis
Debt Level: CULP is debt free.
Reducing Debt: CULP has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.
Debt Coverage: CULP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CULP has no debt, therefore coverage of interest payments is not a concern.
What is Culp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CULP's dividend (3.38%) is higher than the bottom 25% of dividend payers in the US market (1.69%).
High Dividend: CULP's dividend (3.38%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Stability and Growth of Payments
Stable Dividend: CULP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CULP's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: CULP is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Robert Culp (49 yo)
Mr. Robert G. Culp, IV, has been the Chief Executive Officer and President of Culp, Inc. since January 1, 2020 and its President since March 06, 2019. Mr. Culp served as Chief Operating Officer of Culp, I ...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD754.91K) is below average for companies of similar size in the US market ($USD1.36M).
Compensation vs Earnings: Robert's compensation has increased whilst the company is unprofitable.
|Executive Chairman||1.5yrs||US$1.29m||0.90% |
|Executive VP||13.42yrs||US$503.95k||0.20% |
|President of Culp Upholstery Fabrics Division||6.17yrs||US$729.53k||0.37% |
|President of Home Fashions Division||0.75yr||US$349.58k||0.079% |
|VP, General Counsel & Corporate Secretary||1.75yrs||no data||0.041% |
|Vice President of Human Resources||12.58yrs||no data||no data|
|Chief Executive Officer of eLuxury||no data||no data||no data|
|Corporate Controller||13.33yrs||US$213.33k||no data|
Experienced Management: CULP's management team is seasoned and experienced (6.2 years average tenure).
|Executive Chairman||1.5yrs||US$1.29m||0.90% |
|Independent Director||4.75yrs||US$95.93k||0.26% |
|Lead Independent Director||14.08yrs||US$105.93k||0.32% |
|Independent Director||1.58yrs||US$96.25k||0.063% |
|Independent Director||16.08yrs||US$95.93k||0.16% |
|Independent Director||1.25yrs||US$96.25k||0.057% |
Experienced Board: CULP's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Culp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Culp, Inc.
- Ticker: CULP
- Exchange: NYSE
- Founded: 1972
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: US$155.936m
- Shares outstanding: 12.30m
- Website: https://www.culp.com
Number of Employees
- Culp, Inc.
- 1823 Eastchester Drive
- High Point
- North Carolina
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CULP||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Aug 1983|
|CUZ||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 1983|
Culp, Inc. manufactures, sources, markets, and sells mattress fabrics, sewn covers, and cut and sewn kits for use in mattresses, foundations, and other bedding products in North America, the Far East, Asia ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/30 23:31|
|End of Day Share Price||2020/10/30 00:00|