Spectrum Brands Holdings, Inc. operates as a branded consumer products company worldwide. More Details
Undervalued with acceptable track record.
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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SPB's weekly volatility (4%) has been stable over the past year.
7 Day Return
US Household Products
1 Year Return
US Household Products
Return vs Industry: SPB exceeded the US Household Products industry which returned 4.5% over the past year.
Return vs Market: SPB exceeded the US Market which returned 35.9% over the past year.
Long-Term 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
3 weeks ago | Simply Wall StSpectrum Brands Holdings (NYSE:SPB) Shareholders Booked A 85% Gain In The Last Year
1 month ago | Simply Wall StThese 4 Measures Indicate That Spectrum Brands Holdings (NYSE:SPB) Is Using Debt Extensively
2 months ago | Simply Wall StSpectrum Brands Holdings (NYSE:SPB) Could Be A Buy For Its Upcoming Dividend
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 ($87.35) is trading below our estimate of fair value ($218.25)
Significantly Below Fair Value: SPB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SPB is good value based on its PE Ratio (12.9x) compared to the US Household Products industry average (20.4x).
PE vs Market: SPB is good value based on its PE Ratio (12.9x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: SPB is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: SPB is good value based on its PB Ratio (2.5x) compared to the US Household Products industry average (6.6x).
How is Spectrum Brands Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPB's forecast earnings growth (9.1% per year) is above the savings rate (2%).
Earnings vs Market: SPB's earnings (9.1% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: SPB's earnings are forecast to grow, but not significantly.
Revenue vs Market: SPB's revenue (0.8% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: SPB's revenue (0.8% 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 high in 3 years time (20.8%)
How has Spectrum Brands Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPB has high quality earnings.
Growing Profit Margin: SPB became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SPB has become profitable over the past 5 years, growing earnings by 13.6% per year.
Accelerating Growth: SPB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SPB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Household Products industry (12.1%).
Return on Equity
High ROE: SPB's Return on Equity (19.5%) is considered low.
How is Spectrum Brands Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: SPB's short term assets ($1.8B) exceed its short term liabilities ($926.4M).
Long Term Liabilities: SPB's short term assets ($1.8B) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: SPB's debt to equity ratio (161.5%) is considered high.
Reducing Debt: SPB's debt to equity ratio has reduced from 409.7% to 161.5% over the past 5 years.
Debt Coverage: SPB's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: SPB's interest payments on its debt are well covered by EBIT (3.1x coverage).
What is Spectrum Brands Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SPB's dividend (1.92%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: SPB's dividend (1.92%) is low compared to the top 25% of dividend payers in the US market (3.55%).
Stability and Growth of Payments
Stable Dividend: SPB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SPB has only been paying a dividend for 3 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.8%), SPB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SPB's dividends in 3 years are forecast to be well covered by earnings (21.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Maura (49 yo)
Mr. David M. Maura, CFA, has been Chief Executive Officer of Spectrum Brands Legacy, Inc. since April 26, 2018. Mr. Maura served as the Chairman, President and Chief Executive Officer at Vivint Smart Home,...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD10.95M) is above average for companies of similar size in the US market ($USD5.32M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Experienced Management: SPB's management team is considered experienced (2.4 years average tenure).
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
- Founded: NaN
- Industry: Household Products
- Sector: Household
- Market Cap: US$3.714b
- Shares outstanding: 42.51m
- Website: https://www.spectrumbrands.com
Number of Employees
- Spectrum Brands Holdings, Inc.
- 3001 Deming Way
- United States
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 br...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/01 22:12|
|End of Day Share Price||2021/07/30 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.