Weber (NYSE:WEBR) - Share price, News & Analysis

WEBR fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	1/6
Financial Health	0/6
Dividends	2/6

WEBR Stock Overview

Weber Inc., an outdoor cooking company, manufactures and distributes outdoor cooking products, accessories, consumables, and services in North America, Europe, Australia, and internationally.

Rewards

Trading at 52.6% below our estimate of its fair value

Earnings are forecast to grow 69.44% per year

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 2.24% is not well covered by earnings

Profit margins (0.3%) are lower than last year (5.3%)

WEBR has negative shareholders equity.

Weber Competitors

Whirlpool

NYSE:WHR

US$10.3b

Traeger

NYSE:COOK

US$678.5m

Samsung Electronics

KOSE:A005930

₩444.9t

General Electric

NYSE:GE

US$82.6b

Price History & Performance

Summary of all time highs, changes and price drops for Weber
Historical stock prices
Current Share Price	US$7.14
52 Week High	US$20.44
52 Week Low	US$6.52
Beta	0
1 Month Change	-28.31%
3 Month Change	-32.64%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-56.73%

Recent News & Updates

Apr 27

Weber: More Attractive After The Pullback

Weber aims to establish an outdoor cooking products and services ecosystem. The company entered the public markets via IPO in August 2021, with a sizable stock price decline following during the following months. Weber currently trades at a relatively attractive valuation.

Shareholder Returns

	WEBR	US Consumer Durables	US Market
7D	-16.8%	-2.1%	-2.5%
1Y	n/a	-27.8%	-10.4%

Return vs Industry: Insufficient data to determine how WEBR performed against the US Consumer Durables industry.

Return vs Market: Insufficient data to determine how WEBR performed against the US Market.

Price Volatility

Is WEBR's price volatile compared to industry and market?
WEBR volatility
WEBR Average Weekly Movement	8.3%
Consumer Durables Industry Average Movement	7.6%
Market Average Movement	7.8%
10% most volatile stocks in US Market	16.7%
10% least volatile stocks in US Market	2.8%

Stable Share Price: WEBR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: WEBR's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1952	2,534	Chris Scherzinger	https://www.weber.com

Weber Inc., an outdoor cooking company, manufactures and distributes outdoor cooking products, accessories, consumables, and services in North America, Europe, Australia, and internationally. Its products include charcoal and gas grills, smokers, pellet and electric grills, and Weber Connect Smart Grilling Hub; and accessories, consumables, and services. The company sells its products through omni-channel network comprising wholesale, direct-to-consumer, and e-commerce channels.

Weber Fundamentals Summary

How do Weber's earnings and revenue compare to its market cap?
WEBR fundamental statistics
Market Cap	US$2.05b
Earnings (TTM)	US$5.09m
Revenue (TTM)	US$1.96b

402.9x

P/E Ratio

1.0x

P/S Ratio

Is WEBR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
WEBR income statement (TTM)
Revenue	US$1.96b
Cost of Revenue	US$1.20b
Gross Profit	US$755.59m
Other Expenses	US$750.50m
Earnings	US$5.09m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

May 16, 2022

Earnings per share (EPS)	0.018
Gross Margin	38.62%
Net Profit Margin	0.26%
Debt/Equity Ratio	-733.1%

How did WEBR perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

41%

Payout Ratio

Does WEBR pay a reliable dividends?

See WEBR dividend history and benchmarks

When do you need to buy WEBR by to receive an upcoming dividend?
Weber dividend dates
Ex Dividend Date	Jun 06 2022
Dividend Pay Date	Jun 17 2022
Days until Ex dividend	20 days
Days until Dividend pay date	31 days

Does WEBR pay a reliable dividends?

See WEBR dividend history and benchmarks

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: WEBR ($7.14) is trading below our estimate of fair value ($15.06)

Significantly Below Fair Value: WEBR is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: WEBR is poor value based on its PE Ratio (402.9x) compared to the US Consumer Durables industry average (8.6x).

PE vs Market: WEBR is poor value based on its PE Ratio (402.9x) compared to the US market (15.5x).

Price to Earnings Growth Ratio

PEG Ratio: WEBR is poor value based on its PEG Ratio (5.8x)

Price to Book Ratio

PB vs Industry: WEBR is overvalued based on its PB Ratio (204.5x) compared to the US Consumer Durables industry average (1.3x).

Future Growth

How is Weber forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

69.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WEBR's forecast earnings growth (69.4% per year) is above the savings rate (1.9%).

Earnings vs Market: WEBR's earnings (69.4% per year) are forecast to grow faster than the US market (12.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: WEBR's revenue (5.8% per year) is forecast to grow slower than the US market (8% per year).

High Growth Revenue: WEBR's revenue (5.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: WEBR's Return on Equity is forecast to be very high in 3 years time (232.3%).

Past Performance

How has Weber performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-30.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: WEBR has high quality earnings.

Growing Profit Margin: WEBR's current net profit margins (0.3%) are lower than last year (5.3%).

Past Earnings Growth Analysis

Earnings Trend: WEBR's earnings have declined by 30.6% per year over the past 5 years.

Accelerating Growth: WEBR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: WEBR had negative earnings growth (-93.8%) over the past year, making it difficult to compare to the Consumer Durables industry average (45.1%).

Return on Equity

High ROE: WEBR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Financial Health

How is Weber's financial position?

Financial Health Score

0/6

Financial Health Score 0/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: WEBR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: WEBR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.

Debt to Equity History and Analysis

Debt Level: WEBR has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: WEBR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: WEBR's debt is not well covered by operating cash flow (2.2%).

Interest Coverage: Insufficient data to determine if WEBR's interest payments on its debt are well covered by EBIT.

Balance Sheet

Dividend

What is Weber current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

2.24%

Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: WEBR's dividend (2.24%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: WEBR's dividend (2.24%) is low compared to the top 25% of dividend payers in the US market (4.05%).

Stability and Growth of Payments

Stable Dividend: Too early to tell whether WEBR's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if WEBR's dividend payments are increasing as they only just started paying a dividend.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (41.3%), WEBR's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: WEBR is paying a dividend but the company has no free cash flows.

Next Steps

Explore strong dividend paying companies in the Consumer Durables industry.

Management

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

0.6yrs

Average management tenure

CEO

Chris Scherzinger (51 yo)

1.08yrs

Tenure

US$2,125,508

Compensation

Mr. Chris M. Scherzinger serves as the Chief Executive Officer of Weber Inc. since April 2021 and has been its Director since April 2021 and, prior to the Reorganization, of Weber-Stephen Products LLC sinc...

CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD2.13M) is below average for companies of similar size in the US market ($USD5.45M).

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

Leadership Team

Experienced Management: WEBR's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.

Board Members

Experienced Board: WEBR's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.

Ownership

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

Insider Trading Volume

Insider Buying: WEBR insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: WEBR only recently listed within the past 12 months.

Data	Last Updated (UTC time)
Company Analysis	2022/05/15 00:00
End of Day Share Price	2022/05/13 00:00
Earnings	2021/12/31
Annual Earnings	2021/09/30