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TTSH

Tile Shop HoldingsNasdaqCM:TTSH Stock Report

Market Cap

US$419.4m

7D

3.7%

1Y

104.3%

Updated

26 Oct, 2021

Data

Company Financials
TTSH fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

TTSH Overview

Tile Shop Holdings, Inc. operates as a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories.

Tile Shop Holdings Competitors

Home Depot

NYSE:HD

US$389.6b

Lowe's Companies

NYSE:LOW

US$160.0b

Floor & Decor Holdings

NYSE:FND

US$14.1b

Lumber Liquidators Holdings

NYSE:LL

US$540.3m

Price History & Performance

Summary of all time highs, changes and price drops for Tile Shop Holdings
Historical stock prices
Current Share PriceUS$8.07
52 Week HighUS$3.30
52 Week LowUS$8.90
Beta1.5
1 Month Change5.91%
3 Month Change11.00%
1 Year Change104.30%
3 Year Change24.35%
5 Year Change-51.24%
Change since IPO-37.68%

Recent News & Updates

Aug 12

Tile Shop: Spotlight On Up-Listing And Recovery

Tile Shop Holdings has already completed its up-listing to the Nasdaq in mid-June 2021; there is still significant potential for the stock to attract sell-side coverage and institutional investor interest. The company's Q2 2021 revenue has also surpassed pre-COVID levels in Q2 2019, with store remodeling and increasing sales contribution from professional customers being key medium-term growth drivers. Tile Shop Holdings' current EV/EBITDA valuations are at the lower end of its historical trading range and represent a significant discount to a key peer.

Shareholder Returns

TTSHUS Specialty RetailUS Market
7D3.7%1.4%0.9%
1Y104.3%45.7%33.4%

Return vs Industry: TTSH exceeded the US Specialty Retail industry which returned 46.2% over the past year.

Return vs Market: TTSH exceeded the US Market which returned 33.4% over the past year.

Price Volatility

Is TTSH's price volatile compared to industry and market?
TTSH volatility
TTSH Beta1.5
Industry Beta1.55
Market Beta1

Stable Share Price: TTSH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: TTSH's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19851,123Cabby Lolmaughhttps://www.tileshop.com

Tile Shop Holdings, Inc. operates as a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories. It offers marble, travertine, granite, quartz, sandstone, slate, and onyx tiles; and ceramic, porcelain, glass, cement, wood look, and metal tiles primarily under the Rush River and Fired Earth brands. The company also manufactures setting and maintenance materials, such as thinset, grout, sealers, and accessories, including installation tools, shower and bath shelves, drains, and related products under the Superior brand name; and offers customers delivery service through third-party freight providers.

Tile Shop Holdings Fundamentals Summary

How do Tile Shop Holdings's earnings and revenue compare to its market cap?
TTSH fundamental statistics
Market CapUS$419.38m
Earnings (TTM)US$14.08m
Revenue (TTM)US$351.33m

29.8x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TTSH income statement (TTM)
RevenueUS$351.33m
Cost of RevenueUS$109.56m
Gross ProfitUS$241.77m
ExpensesUS$227.69m
EarningsUS$14.08m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.27
Gross Margin68.82%
Net Profit Margin4.01%
Debt/Equity Ratio0%

How did TTSH perform over the long term?

See historical performance and comparison

Valuation

Is Tile Shop Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TTSH ($8.07) is trading below our estimate of fair value ($19.27)

Significantly Below Fair Value: TTSH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TTSH is poor value based on its PE Ratio (29.8x) compared to the US Specialty Retail industry average (10.1x).

PE vs Market: TTSH is poor value based on its PE Ratio (29.8x) compared to the US market (18.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TTSH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TTSH is good value based on its PB Ratio (2.8x) compared to the US Specialty Retail industry average (3x).


Future Growth

How is Tile Shop Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.2%

Forecasted Retail industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tile Shop Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Tile Shop Holdings performed over the past 5 years?

-40.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TTSH has high quality earnings.

Growing Profit Margin: TTSH became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TTSH's earnings have declined by 40.3% per year over the past 5 years.

Accelerating Growth: TTSH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TTSH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (158.2%).


Return on Equity

High ROE: TTSH's Return on Equity (9.4%) is considered low.


Financial Health

How is Tile Shop Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: TTSH's short term assets ($133.6M) exceed its short term liabilities ($87.5M).

Long Term Liabilities: TTSH's short term assets ($133.6M) exceed its long term liabilities ($118.5M).


Debt to Equity History and Analysis

Debt Level: TTSH is debt free.

Reducing Debt: TTSH has no debt compared to 5 years ago when its debt to equity ratio was 22.6%.

Debt Coverage: TTSH has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TTSH has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Tile Shop Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TTSH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TTSH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TTSH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TTSH's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: TTSH is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TTSH's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Cabby Lolmaugh (42 yo)

2.75yrs

Tenure

US$579,950

Compensation

Mr. Cabell H. Lolmaugh, also known as Cabby, has been President, Chief Executive Officer and Director of Tile Shop Holdings, Inc. since January 1, 2019. He served as Senior Vice President and Chief Operati...


CEO Compensation Analysis

Compensation vs Market: Cabby's total compensation ($USD579.95K) is below average for companies of similar size in the US market ($USD1.68M).

Compensation vs Earnings: Cabby's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: TTSH's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: TTSH's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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

Tile Shop Holdings, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Tile Shop Holdings, Inc.
  • Ticker: TTSH
  • Exchange: NasdaqCM
  • Founded: 1985
  • Industry: Home Improvement Retail
  • Sector: Retail
  • Market Cap: US$419.382m
  • Shares outstanding: 51.97m
  • Website: https://www.tileshop.com

Number of Employees


Location

  • Tile Shop Holdings, Inc.
  • 14000 Carlson Parkway
  • Plymouth
  • Minnesota
  • 55441
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 22:37
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.