Spectrum Brands Holdings, Inc. operates as a branded consumer products company worldwide.
Adequate balance sheet and fair value.
Share Price & News
How has Spectrum Brands Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SPB's share price has been volatile over the past 3 months.
7 Day Return
US Household Products
1 Year Return
US Household Products
Return vs Industry: SPB underperformed the US Household Products industry which returned 13.4% over the past year.
Return vs Market: SPB underperformed the US Market which returned 9.1% over the past year.
Price Volatility Vs. Market
How volatile is Spectrum Brands Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIntroducing Spectrum Brands Holdings (NYSE:SPB), The Stock That Slid 68% In The Last Three Years
2 months ago | Simply Wall StHow Much Are Spectrum Brands Holdings, Inc. (NYSE:SPB) Insiders Spending On Buying Shares?
2 months ago | Simply Wall StIs Spectrum Brands Holdings (NYSE:SPB) A Risky Investment?
Is Spectrum Brands Holdings 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: SPB ($47.32) is trading below our estimate of fair value ($91.28)
Significantly Below Fair Value: SPB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SPB is unprofitable, so we can't compare its PE Ratio to the Household Products industry average.
PE vs Market: SPB 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 SPB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SPB is good value based on its PB Ratio (1.7x) compared to the US Household Products industry average (5.8x).
How is Spectrum Brands Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: SPB is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SPB's is expected to become profitable in the next 3 years.
Revenue vs Market: SPB's revenue (1.1% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: SPB's revenue (1.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SPB's Return on Equity is forecast to be low in 3 years time (12.7%).
How has Spectrum Brands Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPB is currently unprofitable.
Growing Profit Margin: SPB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SPB is unprofitable, but has reduced losses over the past 5 years at a rate of 25.1% per year.
Accelerating Growth: Unable to compare SPB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SPB is unprofitable, making it difficult to compare its past year earnings growth to the Household Products industry (14.2%).
Return on Equity
High ROE: SPB has a negative Return on Equity (-16.41%), as it is currently unprofitable.
How is Spectrum Brands Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: SPB's short term assets ($1.7B) exceed its short term liabilities ($706.9M).
Long Term Liabilities: SPB's short term assets ($1.7B) do not cover its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: SPB's debt to equity ratio (233.1%) is considered high.
Reducing Debt: SPB's debt to equity ratio has reduced from 301.8% to 233.1% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SPB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SPB is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 15.4% per year.
What is Spectrum Brands Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SPB's dividend (3.55%) is higher than the bottom 25% of dividend payers in the US market (1.69%).
High Dividend: SPB's dividend (3.55%) is low compared to the top 25% of dividend payers in the US market (4.48%).
Stability and Growth of Payments
Stable Dividend: SPB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SPB has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: SPB 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
David Maura (47yo)
Mr. David M. Maura, CFA, has been Chief Executive Officer of Spectrum Brands Legacy, Inc. since April 26, 2018. Mr. Maura served as the Chairman, President and Chief Executive Officer at Vivint Smart Home, ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD19.69M) is above average for companies of similar size in the US market ($USD4.77M).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
|Executive Chairman & CEO||2.33yrs||US$19.69m||0.90% $18.4m|
|Executive VP & COO||1.58yrs||US$5.17m||0.061% $1.2m|
|Executive VP||1.58yrs||US$5.71m||0.097% $2.0m|
|Senior Vice President of Global Human Resources||0.67yr||US$930.17k||0.0039% $79.1k|
|Executive VP & CFO||0.50yr||no data||0.019% $393.0k|
|VP, Corporate Controller & Chief Accounting Officer||0.17yr||no data||no data|
|Divisional Vice President of Investor Relations||1.33yrs||no data||no data|
|President of Home & Personal Care Appliances||1.17yrs||no data||no data|
|President of Hardware & Home Improvement||2.5yrs||no data||no data|
Experienced Management: SPB's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Executive Chairman & CEO||2.33yrs||US$19.69m||0.90% $18.4m|
|Lead Independent Director||no data||US$326.23k||0.065% $1.3m|
|Independent Director||1.83yrs||US$250.51k||0.068% $1.4m|
|Independent Director||1.83yrs||US$234.86k||0.069% $1.4m|
|Independent Director||1.83yrs||US$253.19k||0.067% $1.4m|
|Independent Director||1.58yrs||US$224.46k||0.0043% $86.8k|
Experienced Board: SPB's board of directors are not considered experienced ( 1.8 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.
Spectrum Brands Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Spectrum Brands Holdings, Inc.
- Ticker: SPB
- Exchange: NYSE
- Industry: Household Products
- Sector: Household
- Market Cap: US$2.037b
- Shares outstanding: 43.06m
- Website: https://www.spectrumbrands.com
Number of Employees
- Spectrum Brands Holdings, Inc.
- 3001 Deming Way
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SPB||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1968|
|H221||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
|SPB *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jan 1968|
Spectrum Brands Holdings, Inc. operates as a branded consumer products company worldwide. The company’s Hardware & Home Improvement segment offers hardware products under the National Hardware and FANAL brands; locksets and door hardware under the Kwikset, Weiser, Baldwin, EZSET, and Tell manufacturing brands; and plumbing products under the Pfister brand. Its Home and Personal Care segment provides home appliances under the Black & Decker, Russell Hobbs, George Foreman, Toastmaster, Juiceman, Farberware, and Breadman brands; and personal care products under the Remington and LumaBella brands. The company’s Global Pet Supplies segment provides rawhide chewing, dog and cat clean-up and food, training, health and grooming, small animal food and care, and rawhide-free products under the 8IN1 (8-in-1), Dingo, Nature's Miracle, Wild Harvest, Littermaid, Jungle, Excel, FURminator, IAMS, Eukanuba, Healthy-Hide, DreamBone, SmartBones, ProSense, Perfect Coat, eCOTRITION, Birdola, and Digest-eeze brands. This segment also offers aquarium kits, and aquatics equipment and consumables under the Tetra, Marineland, Whisper, Instant Ocean, and GloFish brand names. Its Home and Garden segment provides outdoor insect and weed control solutions, and animal repellents under the Spectracide, Garden Safe, Liquid Fence, and EcoLogic brands; household pest controls under the Hot Shot, Black Flag, Real-Kill, Ultra Kill, The Ant Trap, and Rid-A-Bug brand names; and personal-use pesticides and insect repellent products under the Cutter and Repel brands. The company sells its products through retailers, e-commerce and online retailers, wholesalers and distributors, construction companies, and original equipment manufacturers. The company was formerly known as HRG Group, Inc. and changed its name to Spectrum Brands Holdings, Inc. in July 2018. Spectrum Brands Holdings, Inc. is headquartered in Middleton, Wisconsin.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/30 11:34|
|End of Day Share Price||2020/05/29 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.