Glatfelter
Market Cap
US$700.1m
Last Updated
2020/11/23 00:58 UTC
Data Sources
Company Financials +
Executive Summary
Glatfelter Corporation, together with its subsidiaries, manufactures and sells engineered materials worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Glatfelter's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GLT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: GLT's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-0.6%
GLT
4.1%
US Forestry
-0.5%
US Market
1 Year Return
-12.0%
GLT
-6.7%
US Forestry
18.3%
US Market
Return vs Industry: GLT underperformed the US Forestry industry which returned -5.2% over the past year.
Return vs Market: GLT underperformed the US Market which returned 19.1% over the past year.
Shareholder returns
| GLT | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | 4.1% | -0.5% |
| 30 Day | 6.1% | 8.2% | 3.6% |
| 90 Day | 2.8% | 0.4% | 5.6% |
| 1 Year | -8.7%-12.0% | -2.3%-6.7% | 21.0%18.3% |
| 3 Year | -13.2%-21.5% | -7.1%-15.9% | 45.2%35.6% |
| 5 Year | 3.2%-11.3% | 16.7%1.6% | 89.8%68.8% |
Long-Term Price Volatility Vs. Market
How volatile is Glatfelter's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
These 4 Measures Indicate That Glatfelter (NYSE:GLT) Is Using Debt Reasonably Well1 month ago | Simply Wall St
Should You Or Shouldn't You: A Dividend Analysis on Glatfelter Corporation (NYSE:GLT)1 month ago | Simply Wall St
Don't Buy P. H. Glatfelter Company (NYSE:GLT) For Its Next Dividend Without Doing These ChecksValuation
Is Glatfelter undervalued compared to its fair value and its price relative to the market?
1.25x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: GLT ($15.78) is trading above our estimate of fair value ($8.62)
Significantly Below Fair Value: GLT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GLT is unprofitable, so we can't compare its PE Ratio to the US Forestry industry average.
PE vs Market: GLT 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 GLT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GLT's PB Ratio (1.3x) is in line with the US Forestry industry average.
Next Steps
Future Growth
How is Glatfelter forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
84.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GLT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: GLT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GLT's is expected to become profitable in the next 3 years.
Revenue vs Market: GLT's revenue (3.3% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: GLT's revenue (3.3% 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 GLT's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Glatfelter performed over the past 5 years?
-67.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GLT is currently unprofitable.
Growing Profit Margin: GLT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GLT is unprofitable, and losses have increased over the past 5 years at a rate of 67.9% per year.
Accelerating Growth: Unable to compare GLT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GLT is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (29.7%).
Return on Equity
High ROE: GLT has a negative Return on Equity (-5.93%), as it is currently unprofitable.
Next Steps
Financial Health
How is Glatfelter's financial position?
Financial Position Analysis
Short Term Liabilities: GLT's short term assets ($421.7M) exceed its short term liabilities ($198.2M).
Long Term Liabilities: GLT's short term assets ($421.7M) do not cover its long term liabilities ($477.4M).
Debt to Equity History and Analysis
Debt Level: GLT's debt to equity ratio (59.4%) is considered high.
Reducing Debt: GLT's debt to equity ratio has reduced from 60.1% to 59.4% over the past 5 years.
Debt Coverage: GLT's debt is well covered by operating cash flow (33%).
Interest Coverage: GLT is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Glatfelter current dividend yield, its reliability and sustainability?
3.42%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GLT's dividend (3.42%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: GLT's dividend (3.42%) is low compared to the top 25% of dividend payers in the US market (4.2%).
Stability and Growth of Payments
Stable Dividend: GLT's dividends per share have been stable in the past 10 years.
Growing Dividend: GLT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: GLT 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.
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Dante Parrini (55 yo)
9.83yrs
Tenure
US$10,971,912
Compensation
Mr. Dante C. Parrini has been the Chief Executive Officer and President of P.H. Glatfelter Company since January 01, 2011. Mr. Parrini served as the Chief Operating Officer and Executive Vice President of ...
CEO Compensation Analysis
Compensation vs Market: Dante's total compensation ($USD10.97M) is above average for companies of similar size in the US market ($USD2.60M).
Compensation vs Earnings: Dante's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 9.83yrs | US$10.97m | 0.77% $ 5.4m | |
| Senior VP & CFO | 1.67yrs | US$960.47k | 0.034% $ 237.6k | |
| Chief Accounting Officer & VP of Finance | 14.33yrs | US$1.15m | 0.11% $ 745.0k | |
| Senior VP & Chief Commercial Officer | 6.75yrs | US$1.50m | 0.059% $ 412.4k | |
| Vice President of Global Operations | 1.17yrs | no data | 0.0026% $ 18.1k | |
| Senior VP of Global Supply Chain & Chief Information Officer | 0.33yr | no data | no data | |
| Vice President of Global Human Resources & Administration | 3.58yrs | no data | 0.020% $ 142.8k | |
| VP of Investor Relations & Corporate Treasurer | 6.33yrs | no data | no data | |
| VP, Deputy General Counsel & Corporate Secretary | no data | no data | 0.0059% $ 41.1k |
5.0yrs
Average Tenure
51.5yo
Average Age
Experienced Management: GLT's management team is considered experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 9.83yrs | US$10.97m | 0.77% $ 5.4m | |
| Independent Director | 25.83yrs | US$196.69k | 0.22% $ 1.5m | |
| Independent Director | 20.83yrs | US$207.69k | 0.16% $ 1.1m | |
| Independent Director | 18.83yrs | US$202.69k | 0.16% $ 1.1m | |
| Independent Director | 19.83yrs | US$196.69k | 0.17% $ 1.2m | |
| Independent Director | 18.83yrs | US$200.69k | 0.16% $ 1.1m | |
| Independent Lead Director | no data | US$206.19k | 0.095% $ 664.4k | |
| Independent Director | 0.75yr | no data | no data | |
| Independent Director | 6.17yrs | US$189.19k | 0.072% $ 504.2k | |
| Director | no data | no data | no data |
18.8yrs
Average Tenure
67yo
Average Age
Experienced Board: GLT's board of directors are seasoned and experienced ( 18.8 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Glatfelter Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Glatfelter Corporation
- Ticker: GLT
- Exchange: NYSE
- Founded: 1864
- Industry: Paper Products
- Sector: Materials
- Market Cap: US$700.124m
- Shares outstanding: 44.37m
- Website: https://www.glatfelter.com
Number of Employees
Location
- Glatfelter Corporation
- Capitol Towers South
- 4350 Congress Street, Suite 600
- Charlotte
- North Carolina
- 28209
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GLT | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Aug 1973 |
| GLN | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Aug 1973 |
Biography
Glatfelter Corporation, together with its subsidiaries, manufactures and sells engineered materials worldwide. It operated through two segments, Composite Fibers and Airlaid Materials. The company’s Compos...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/23 00:58 |
| End of Day Share Price | 2020/11/20 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.