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Compass Diversified Holdings

NYSE:CODI.PRB
Snowflake Description

Average dividend payer with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CODI.PRB
NYSE
$973M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Compass Diversified Holdings LLC is a private equity firm specializing in acquisitions, buyouts, industry consolidation, recapitalization, and middle market investments. The last earnings update was 21 days ago. More info.


Add to Portfolio Compare Print
  • Compass Diversified Holdings is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
CODI.PRB Share Price and Events
7 Day Returns
-1.6%
NYSE:CODI.PRB
2.2%
US Diversified Financial
1.6%
US Market
1 Year Returns
-7.7%
NYSE:CODI.PRB
0.5%
US Diversified Financial
3.2%
US Market
CODI.PRB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Compass Diversified Holdings (CODI.PRB) -1.6% -7.3% 27% -7.7% - -
US Diversified Financial 2.2% 0.7% 6.1% 0.5% 44.8% 61.2%
US Market 1.6% 2.1% 12.8% 3.2% 38.6% 43.6%
1 Year Return vs Industry and Market
  • CODI.PRB underperformed the Diversified Financial industry which returned 0.5% over the past year.
  • CODI.PRB underperformed the Market in United States of America which returned 3.2% over the past year.
Price Volatility
CODI.PRB
Industry
5yr Volatility vs Market

CODI.PRB Value

 Is Compass Diversified Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Compass Diversified Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Compass Diversified Holdings.

NYSE:CODI.PRB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $15.75 * 3.7%
$0.58
Book Value of Equity per Share Weighted future Book Value estimates from 2 analysts. $15.75
Discount Rate (Cost of Equity) See below 9.8%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:CODI.PRB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Diversified Financial Unlevered Beta Simply Wall St/ S&P Global 0.68
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.68 (1 + (1- 21%) (113.62%))
1.194
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.19
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.194 * 5.96%)
9.85%

Discounted Cash Flow Calculation for NYSE:CODI.PRB using Excess Returns Model Model

The calculations below outline how an intrinsic value for Compass Diversified Holdings is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NYSE:CODI.PRB Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (3.7% – 9.85%) * $15.75)
$-0.97
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-0.97 / (9.85% - 2.73%)
$-13.60
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $15.75 + $-13.60
$2.15
NYSE:CODI.PRB Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NYSE:CODI.PRB represents 1.36001x of NYSE:CODI
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.36001x
Value per Share
(Listing Adjusted, USD)
= Value per Share (USD) x Listing Adjustment Factor
= $ 2.15 x 1.36001
$2.92
Value per share (USD) From above. $2.92
Current discount Discount to share price of $22.10
= -1 x ($22.10 - $2.92) / $2.92
-657.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Compass Diversified Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Compass Diversified Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Compass Diversified Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:CODI.PRB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.44
NYSE:CODI Share Price ** NYSE (2019-03-19) in USD $16.25
United States of America Diversified Financial Industry PE Ratio Median Figure of 10 Publicly-Listed Diversified Financial Companies 17.72x
United States of America Market PE Ratio Median Figure of 3,056 Publicly-Listed Companies 17.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Compass Diversified Holdings.

NYSE:CODI.PRB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:CODI Share Price ÷ EPS (both in USD)

= 16.25 ÷ -0.44

-36.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Compass Diversified Holdings is loss making, we can't compare its value to the US Diversified Financial industry average.
  • Compass Diversified Holdings is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Compass Diversified Holdings's expected growth come at a high price?
Raw Data
NYSE:CODI.PRB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -36.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
102.2%per year
United States of America Diversified Financial Industry PEG Ratio Median Figure of 7 Publicly-Listed Diversified Financial Companies 1.04x
United States of America Market PEG Ratio Median Figure of 2,107 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Compass Diversified Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Compass Diversified Holdings's assets?
Raw Data
NYSE:CODI.PRB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $11.13
NYSE:CODI Share Price * NYSE (2019-03-19) in USD $16.25
United States of America Diversified Financial Industry PB Ratio Median Figure of 21 Publicly-Listed Diversified Financial Companies 0.94x
United States of America Market PB Ratio Median Figure of 5,154 Publicly-Listed Companies 1.89x
NYSE:CODI.PRB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:CODI Share Price ÷ Book Value per Share (both in USD)

= 16.25 ÷ 11.13

1.46x

* Primary Listing of Compass Diversified Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Compass Diversified Holdings is overvalued based on assets compared to the US Diversified Financial industry average.
X
Value checks
We assess Compass Diversified Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Diversified Financial industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Diversified Financial industry average (and greater than 0)? (1 check)
  5. Compass Diversified Holdings has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CODI.PRB Future Performance

 How is Compass Diversified Holdings expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
102.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Compass Diversified Holdings expected to grow at an attractive rate?
  • Compass Diversified Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Compass Diversified Holdings's earnings growth is expected to exceed the United States of America market average.
  • Compass Diversified Holdings's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:CODI.PRB Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:CODI.PRB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 102.2%
NYSE:CODI.PRB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 3%
United States of America Diversified Financial Industry Earnings Growth Rate Market Cap Weighted Average 59.2%
United States of America Diversified Financial Industry Revenue Growth Rate Market Cap Weighted Average 6.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:CODI.PRB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:CODI.PRB Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 1,797 138 45 4
2019-12-31 1,713 138 33 5
NYSE:CODI.PRB Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,692 114 -26
2018-09-30 1,588 81 21
2018-06-30 1,463 81 32
2018-03-31 1,340 90 4
2017-12-31 1,270 82 -27
2017-09-30 1,240 110 -68
2017-06-30 1,168 102 -36
2017-03-31 1,075 104 5
2016-12-31 978 111 25
2016-09-30 859 99 15
2016-06-30 792 98 -16
2016-03-31 742 87 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Compass Diversified Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Compass Diversified Holdings's revenue is expected to grow by 3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:CODI.PRB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Compass Diversified Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:CODI.PRB Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.63 1.07 0.35 3.00
2019-12-31 0.49 0.68 0.18 3.00
NYSE:CODI.PRB Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.44
2018-09-30 0.36
2018-06-30 0.54
2018-03-31 0.07
2017-12-31 -0.45
2017-09-30 -1.16
2017-06-30 -0.63
2017-03-31 0.09
2016-12-31 0.46
2016-09-30 0.28
2016-06-30 -0.29
2016-03-31 -0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Compass Diversified Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Compass Diversified Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Compass Diversified Holdings has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CODI.PRB Past Performance

  How has Compass Diversified Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Compass Diversified Holdings's growth in the last year to its industry (Diversified Financial).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Compass Diversified Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Compass Diversified Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Compass Diversified Holdings's 1-year growth to the US Diversified Financial industry average as it is not currently profitable.
Earnings and Revenue History
Compass Diversified Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Compass Diversified Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:CODI.PRB Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,691.67 -26.37 439.48
2018-09-30 1,587.55 21.28 412.20
2018-06-30 1,462.81 32.13 396.02
2018-03-31 1,340.43 4.28 370.58
2017-12-31 1,269.73 -26.72 350.99
2017-09-30 1,239.89 -68.36 343.42
2017-06-30 1,168.22 -36.28 315.10
2017-03-31 1,075.01 5.19 281.92
2016-12-31 978.31 25.15 244.01
2016-09-30 859.28 15.09 205.26
2016-06-30 791.82 -15.91 184.73
2016-03-31 741.84 -3.00 168.92
2015-12-31 727.98 -16.68 160.52
2015-09-30 723.09 2.09 157.85
2015-06-30 679.55 239.44 149.34
2015-03-31 637.31 211.59 144.41
2014-12-31 636.68 243.74 147.30
2014-09-30 741.97 221.18 162.62
2014-06-30 866.19 48.32 176.93
2014-03-31 990.02 52.86 191.75
2013-12-31 740.71 35.07 143.83
2013-09-30 971.00 66.42 183.14
2013-06-30 946.72 -2.09 180.15
2013-03-31 930.96 0.15 178.46
2012-12-31 884.72 -2.76 173.57
2012-09-30 826.76 -30.01 165.55
2012-06-30 754.20 -33.34 151.99
2012-03-31 657.33 -33.51 135.04

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Compass Diversified Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Compass Diversified Holdings used its assets less efficiently than the US Diversified Financial industry average last year based on Return on Assets.
  • It is difficult to establish if Compass Diversified Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Compass Diversified Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Diversified Financial industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Compass Diversified Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CODI.PRB Health

 How is Compass Diversified Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Compass Diversified Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Compass Diversified Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Compass Diversified Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Compass Diversified Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Compass Diversified Holdings Company Filings, last reported 2 months ago.

NYSE:CODI.PRB Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 919.34 1,105.94 53.33
2018-09-30 954.03 1,109.90 36.16
2018-06-30 970.03 969.97 37.46
2018-03-31 993.29 940.48 46.33
2017-12-31 926.00 596.14 39.89
2017-09-30 899.24 584.29 41.49
2017-06-30 906.23 564.10 39.29
2017-03-31 854.43 560.62 115.28
2016-12-31 894.54 568.06 39.77
2016-09-30 834.03 739.33 26.39
2016-06-30 807.03 410.70 21.16
2016-03-31 841.56 331.67 72.57
2015-12-31 873.22 325.37 85.24
2015-09-30 905.04 333.54 88.73
2015-06-30 773.61 517.48 25.38
2015-03-31 764.37 521.03 20.45
2014-12-31 808.33 498.63 21.95
2014-09-30 718.16 413.12 23.27
2014-06-30 560.32 369.14 115.35
2014-03-31 562.49 328.54 86.62
2013-12-31 568.94 283.24 113.23
2013-09-30 605.50 304.16 151.16
2013-06-30 425.80 296.68 17.85
2013-03-31 439.94 276.27 16.50
2012-12-31 456.21 269.56 18.24
2012-09-30 491.39 269.07 19.99
2012-06-30 502.65 269.35 16.03
2012-03-31 535.94 298.23 22.40
  • Compass Diversified Holdings's level of debt (120.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (49.9% vs 120.3% today).
  • Debt is not well covered by operating cash flow (10.3%, less than 20% of total debt).
  • Compass Diversified Holdings is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Compass Diversified Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Compass Diversified Holdings has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CODI.PRB Dividends

 What is Compass Diversified Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
8.86%
Current annual income from Compass Diversified Holdings dividends. Estimated to be 8.86% next year.
If you bought $2,000 of Compass Diversified Holdings shares you are expected to receive $177 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Compass Diversified Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • Compass Diversified Holdings's dividend is above the markets top 25% of dividend payers in United States of America (3.63%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:CODI.PRB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
United States of America Diversified Financial Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 1.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:CODI.PRB Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 1.44 3.00
2019-12-31 1.44 3.00
NYSE:CODI.PRB Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-01-03 1.440 9.444
2018-10-04 1.440 9.580
2018-07-05 1.440 8.113
2018-04-05 1.440 8.773
2018-01-04 1.440 8.603
2017-10-05 1.440 8.409
2017-07-06 1.440 8.322
2017-04-06 1.440 8.636
2017-01-05 1.440 8.484
2016-10-06 1.440 7.903
2016-07-07 1.440 8.430
2016-05-04 1.440 8.943
2016-01-07 1.440 9.529
2015-10-07 1.440 8.936
2015-07-09 1.440 8.717
2015-04-10 1.440 8.619
2015-01-08 1.440 8.629
2014-10-07 1.440 8.387
2014-07-10 1.440 7.981
2014-04-10 1.440 8.099
2014-01-09 1.440 7.830
2013-10-10 1.440 7.647
2013-07-10 1.440 8.103
2013-04-09 1.440 8.419
2013-01-10 1.440 9.172
2012-10-09 1.440 9.974
2012-07-10 1.440 9.912
2012-04-10 1.440 10.696
2012-01-05 1.440 9.853
2011-10-10 1.440 11.349
2011-07-06 1.440 10.676
2011-03-10 1.440 9.270
2011-01-05 1.360 7.927
2010-10-07 1.360 7.949
2010-07-09 1.360 9.137
2010-04-08 1.360 9.548
2010-01-11 1.360 10.088
2009-10-08 1.360 11.831
2009-07-10 1.360 14.094
2009-04-09 1.360 15.692
2009-03-23 1.360 14.691

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Compass Diversified Holdings's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (0.4x coverage).
X
Income/ dividend checks
We assess Compass Diversified Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Compass Diversified Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Compass Diversified Holdings has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CODI.PRB Management

 What is the CEO of Compass Diversified Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Elias Sabo
AGE 47
TENURE AS CEO 0.8 years
CEO Bio

Mr. Elias Joseph Sabo serves as a partner, Chief Executive Officer and Director at Compass Diversified Holdings LLC since May 03, 2018. He was Partner of The Compass Group at Compass Diversified Holdings LLC till May 03, 2018. Mr. Sabo joined the firm in 1998 as a founding partner and plays a critical role in directing it's strategy and is responsible for all of the business of it's West Coast office, as well as the Alternative Investment Vehicles. Mr. Sabo helped create a collegial work environment that bridges the geographic distance with clearly defined, achievable expectations tempered by responsibility and trust. Prior to that, he served as a Healthcare Investment Banker at CIBC World Markets Corp. from 1996 to 1998. Mr. Sabo was responsible for the successful execution of numerous private and public financings, as well as the provision of merger and acquisition advisory services. He served as the President and Chief Investment Officer at Boundary Partners, LLC. Prior to that, Mr. Sabo worked in the acquisition department at Colony Capital, LLC from 1992 to 1996. Mr. Sabo serves as the Chairman of Tridien Medical; and Advanced Circuits, Inc. He has been a Director of Staffmark Holdings, Inc. since August 1999. Mr. Sabo served as the Chairman of Fox Factory Holding Corp. until July 25, 2017. Mr. Sabo serves as a Director of CamelBak Products, LLC; Arnold Magnetic Technologies Corporation; CEI Holding Corporation, doing business as Clean Earth; Fresh Hemp Foods Ltd., doing business as Manitoba Harvest; 5.11, Inc., doing business as 5.11 Tactical; Liberty Safe and Security Products, Inc.; American Furniture Manufacturing, Inc.; CEI Holding Corporation, doing business as Clean Earth, Fresh Hemp Foods Ltd., doing business as Manitoba Harvest; 5.11, Inc., doing business as 5.11 Tactical; The Ergo Baby Carrier, Inc.; Anodyne Medical Device., Inc.; K.B. Socks, Inc.; TransMarine Navigation, Inc.; Halo Branded Solutions, Inc.; KBell Holdings, Inc.; and Fox Racing Shox. He served as a Director of Fox Factory Holding Corp. since December 2007 until July 25, 2017. Mr. Sabo served as an Independent Director at COMSYS IT Partners, Inc. since April 2003. He also serves as an Attorney-in-fact for Inland/Links. Mr. Sabo has served as a Director of Venturi Partners Inc. since April 2003. Mr. Sabo graduated from Rennselaer Polytechnic Institute with a B.S. in Management in 1992.

CEO Compensation
  • Insufficient data for Elias to compare compensation growth.
  • Insufficient data for Elias to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Compass Diversified Holdings management team in years:

5.3
Average Tenure
  • The average tenure for the Compass Diversified Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Ryan Faulkingham

TITLE
Executive VP
COMPENSATION
$870K
AGE
41
TENURE
5.3 yrs

Elias Sabo

TITLE
Partner
AGE
47
TENURE
0.8 yrs

Joseph Milana

TITLE
CAO & Executive VP of Finance

Carrie Ryan

TITLE
General Counsel

Demetrios Dounis

TITLE

Kerri Tiernan

TITLE
Senior Vice President & Controller

David Abate

TITLE
VP & Treasurer

Raj Dalal

TITLE
Vice President of The Compass Group

Pat Maciariello

TITLE
Partner & Manager
TENURE
13.8 yrs

Zach Sawtelle

TITLE
Principal of The Compass Group
Board of Directors Tenure

Average tenure and age of the Compass Diversified Holdings board of directors in years:

12.9
Average Tenure
66
Average Age
  • The average tenure for the Compass Diversified Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

C. Day

TITLE
Chairman of the Board
COMPENSATION
$214K
AGE
68
TENURE
12.9 yrs

Elias Sabo

TITLE
Partner
AGE
47
TENURE
0.8 yrs

Gene Ewing

TITLE
Independent Director
COMPENSATION
$179K
AGE
69
TENURE
12.9 yrs

Harold Edwards

TITLE
Independent Director
COMPENSATION
$164K
AGE
52
TENURE
12.9 yrs

Gordon Burns

TITLE
Independent Director
COMPENSATION
$164K
AGE
66
TENURE
10.8 yrs

Jim Bottiglieri

TITLE
Director
COMPENSATION
$159K
AGE
62
TENURE
13.3 yrs

Sally McCoy

TITLE
Director
COMPENSATION
$159K
AGE
57
TENURE
2.2 yrs

Thomas Hsu

TITLE
Member of Advisory Committee of The Compass Group
AGE
71

Axel Karlshoej

TITLE
Member of Advisory Committee of The Compass Group
AGE
77
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
18. Dec 18 Buy Compass Group Investments, Inc Company 17. Dec 18 17. Dec 18 4,100 $19.35 $79,335
18. Dec 18 Buy Compass Group Investments, Inc Company 13. Dec 18 14. Dec 18 5,366 $19.39 $103,667
15. Dec 18 Buy Gordon Burns Individual 12. Dec 18 13. Dec 18 10,250 $19.40 $198,850
13. Dec 18 Buy Compass Group Investments, Inc Company 11. Dec 18 12. Dec 18 12,465 $19.29 $239,370
11. Dec 18 Buy Compass Group Investments, Inc Company 10. Dec 18 10. Dec 18 3,400 $18.82 $63,988
15. May 18 Buy Compass Group Investments, Inc Company 11. May 18 11. May 18 11,000 $22.97 $252,670
11. May 18 Buy Compass Group Investments, Inc Company 09. May 18 10. May 18 38,000 $22.77 $863,060
11. May 18 Buy Compass Group Investments, Inc Company 07. May 18 08. May 18 50,000 $22.26 $1,098,260
X
Management checks
We assess Compass Diversified Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Compass Diversified Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CODI.PRB News

Simply Wall St News

CODI.PRB Company Info

Description

Compass Diversified Holdings LLC is a private equity firm specializing in acquisitions, buyouts, industry consolidation, recapitalization, and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, safety & security, electronic components, food, foodservice. The firm prefers to invest in companies based in North America. It seeks to invest between $4 million and $700 million in companies with cash flows between $10 million and $450 million, enterprise values between $100 million and $500 million, and an EBITDA between $5 million and $75 million. It seeks to acquire controlling ownership interests in its portfolio companies and can make additional platform acquisitions. The firm prefer to have majority, and minority stake in companies. The firm invests through its balance sheet and typically holds investments between five to seven years. Compass Group Management LLC is the external manager of the Compass Diversified Holdings LLC and manages day-to-day business and operations of firm. Compass Diversified Holdings LLC was founded in 2005 and is based in Westport, Connecticut with an additional office in Irvine, California.

Details
Name: Compass Diversified Holdings LLC
CODI.PRB
Exchange: NYSE
Founded: 2005
$973,375,000
59,900,000
Website: http://www.compassequity.com
Address: Compass Diversified Holdings LLC
301 Riverside Avenue,
2nd Floor,
Westport,
Connecticut, 06880,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE CODI Trust Shares New York Stock Exchange US USD 11. May 2006
DB 5CX Trust Shares Deutsche Boerse AG DE EUR 11. May 2006
NYSE CODI.PRB 7.87% CUM PFD B New York Stock Exchange US USD 06. Mar 2018
NYSE CODI.PRA 7.250% PFD SER A New York Stock Exchange US USD 20. Jun 2017
Number of employees
Current staff
Staff numbers
4,770
Compass Diversified Holdings employees.
Industry
Multi-Sector Holdings
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 00:47
End of day share price update: 2019/03/19 00:00
Last estimates confirmation: 2019/03/12
Last earnings filing: 2019/02/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.