Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products. More Details
Solid track record and good value.
Share Price & News
How has Turning Point Brands's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TPB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TPB's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: TPB exceeded the US Tobacco industry which returned 19.8% over the past year.
Return vs Market: TPB exceeded the US Market which returned 39% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Turning Point Brands's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StThese 4 Measures Indicate That Turning Point Brands (NYSE:TPB) Is Using Debt Reasonably Well
3 weeks ago | Simply Wall StIs There An Opportunity With Turning Point Brands, Inc.'s (NYSE:TPB) 43% Undervaluation?
1 month ago | Simply Wall StWhat Type Of Shareholders Own The Most Number of Turning Point Brands, Inc. (NYSE:TPB) Shares?
Is Turning Point Brands 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: TPB ($43.04) is trading below our estimate of fair value ($75.93)
Significantly Below Fair Value: TPB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TPB is poor value based on its PE Ratio (20.5x) compared to the Global Tobacco industry average (15.1x).
PE vs Market: TPB is poor value based on its PE Ratio (20.5x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: TPB is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: TPB is good value based on its PB Ratio (6.8x) compared to the US Tobacco industry average (10.2x).
How is Turning Point Brands forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TPB's forecast earnings growth (21.4% per year) is above the savings rate (2%).
Earnings vs Market: TPB's earnings (21.4% per year) are forecast to grow faster than the US market (15.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TPB's revenue (4.6% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: TPB's revenue (4.6% 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 TPB's Return on Equity is forecast to be high in 3 years time
How has Turning Point Brands performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TPB has high quality earnings.
Growing Profit Margin: TPB's current net profit margins (9.6%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: TPB's earnings have grown by 5.3% per year over the past 5 years.
Accelerating Growth: TPB's earnings growth over the past year (244.3%) exceeds its 5-year average (5.3% per year).
Earnings vs Industry: TPB earnings growth over the past year (244.3%) exceeded the Tobacco industry 4.4%.
Return on Equity
High ROE: Whilst TPB's Return on Equity (32.06%) is high, this metric is skewed due to their high level of debt.
How is Turning Point Brands's financial position?
Financial Position Analysis
Short Term Liabilities: TPB's short term assets ($297.2M) exceed its short term liabilities ($61.2M).
Long Term Liabilities: TPB's short term assets ($297.2M) do not cover its long term liabilities ($441.1M).
Debt to Equity History and Analysis
Debt Level: TPB's debt to equity ratio (343.9%) is considered high.
Reducing Debt: TPB had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: TPB's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: TPB's interest payments on its debt are well covered by EBIT (3.8x coverage).
What is Turning Point Brands's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TPB's dividend (0.51%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: TPB's dividend (0.51%) is low compared to the top 25% of dividend payers in the US market (3.44%).
Stability and Growth of Payments
Stable Dividend: TPB is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: TPB is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: TPB is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TPB's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Larry Wexler (68 yo)
Mr. Lawrence S. Wexler, also known as Larry, has been the Chief Executive Officer and President of North Atlantic Trading Co Inc. since April 16, 2007. Mr. Wexler has been the Chief Executive Officer and P...
CEO Compensation Analysis
Compensation vs Market: Larry's total compensation ($USD2.23M) is about average for companies of similar size in the US market ($USD2.34M).
Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.
Experienced Management: TPB's management team is considered experienced (2.4 years average tenure).
Experienced Board: TPB's board of directors are considered experienced (5.6 years average tenure).
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.
Turning Point Brands, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Turning Point Brands, Inc.
- Ticker: TPB
- Exchange: NYSE
- Founded: 2004
- Industry: Tobacco
- Sector: Food, Beverage & Tobacco
- Market Cap: US$821.272m
- Shares outstanding: 19.06m
- Website: https://www.turningpointbrands.com
Number of Employees
- Turning Point Brands, Inc.
- 5201 Interchange Way
- United States
Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products. The company operates through three segments: Zig-Zag Products, Stoker’s Product...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/23 06:07|
|End of Day Share Price||2021/06/22 00:00|
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.